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as expected the so "called" good QR price continue to drop, stay away from this counter for time being if you haven't dip your head inside. further price correction
What you say trading wise might be correct, but warning wise, and fundamentals back by earnings and potential earnings from secured contracts paint a different picture. AppAsia is making small baby steps with pre tax up by 12 times. Agreed in absolute value the amount is small... but within the next 16 months it can be very significant. I say this because many banks have signed up for App's MIA concession. Getting another 3 major banks and the earnings landscape will shoot off.
