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History repeats itself, shares fall to 0.47 company uses cash to buyback instead of using them to give dividends and then bounce back a little. It will repeat until company decide they have no money to do buy back. Then likely will visit 0.4.
Risk of falling... Downtrend, there is a saying, never catch a falling knife, next support is at 0.4. This is technical analysis. Fundamentally already mentioned, if you don't know the company that entered Msia, then should do more homework to know how gigantic they are.
I agree the statement " if dont agree with management and business then don't invest", but it doesn't mean cannot criticise. If cannot TAHAN criticism then don't get listed la, i am pretty sure managements are open minded enough to accept criticism (you need not need to worry for them ya) because they also want company to improve right? There are so many investment banks that downgraded so many listed companies, why didn't you say them 废话？ Is it because it is really 废话 or you cannot take it when people criticise the shares you are holding. In market, 心态very important, don't be scared to be the odd because usually it is the odd who earns money. Wish you all huat !
Investor losing trust, why?
1) Share buy back instead of director buying shares through open market
2) F&B losing money yet still wanna operate, this year -2m already, very bad. This 2mil loss has already eaten up the optical profit and caused less dividend
3) Fail to sell F&B business and use the money wisely to acquire other profitable optical shops, instead they continue to do F&ab which is loss making. They just closed down Hap&Pi, they should close down komugi too.
4) Graph shows down trending, very bad
