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not sure what you guys thinking. since 2013 , this stock drop 80% from RM13 14 and never ever above 50% of the price.
you know why 7 years or maybe 8 year the price still possible to rm7 ? think closely why u want goreng?
why must talk til 2013? just talk before MCO or covid come that is happen on this year Feb. It is RM4++ and the lowest it can go is RM1.80. u can buy at much lower price to get a lower average price if the SP dropped further bro. Usually people come to this counter is long term investment and not for goreng. If you want goreng then go to the counter that is below RM0.10. Easier to goreng keke.
read the annual report la... 2013 till now what changed... their oil counter hit them, that's the answer. now UMW holding is not exposed to oil already, separate
Umw compromise of 4 main business, why drop from rm13 as saudi oil is 125 per barrel drop to 25 per barrel that time so huge losses rm1 billion, of coz share prices drop but u see back this 2 year gaining profit as they drop umw oil and gas, why cant reach rm7? If they can maintain rm600 mil profit rm7 possible.. Forever MCO meh, i dono y u say goreng stock
