EDMI   

EDMI and parent SMB: What's the potential?

The sell off of 2m share at 45 cents is by one of its director. Hopefully spurned some interest. There is alway 2 side to a coin: full value and disposed of it???? or improve the liquidity?????

Hopefully is a case of later whereby BB starts buying off from within.

 

We shall c more buyer ... coming in as it has drop slightly due to market sentiment and the XD...

 

A deal 2000 lots was done at 45 cts. Good sign... Should be accumulating for the upcoming trend....

 

Should be uptrend today as the share has lose its ground for more than 3 straight days.. We shall C.....

 

After XD therefore you could see there is a slight correction and mother share din do well today... Should be of the uptrend for the next few days....

 

Moving my direction now, hoping the price will move lower so as to present a good entry point for accumulation. Still find the FA fantastic but the price a bit pricey.

 

For this share, I personally feel that FA sounds better for them... But TA do not link wells... So think carefully it is wise to invest as the materials and contacts taken by the company... I think it has it own potential in it fields... So invest your $$ now....

 

FA will comes in handy when TA may not be accurate. Anyway, after XD resulted in down by 0.05 cents shows resistence in this counter. BB must be tempting out investors by instilling fear of "fall in price". Ultimately, focus on fundamental of business.

 

TA charts don't look too good. But then again, this is a penny stock with low volumes so TA may not be accurate.

 

Today XD and still remain sidelines. Hope that BB will come in and give a push again as it remain calm fro quite a week all so.....

 

Sideline again with low volume and closing at 47 cents. However, see buying interest and support by BB with no intention to rush in to push up the price and buy high, rather wait and buy low.

 

Quiet day with 350 plus share traded. More sellers than buyers. After a good run, EDMI seems to be consolidating for the next run. Anyway, consolation is the impending dividend as interest for holding it.

 

Slight drop, due to technical correction... Not to worry, brighter days is around the corner...

 

Still going strong, holding its position. Notice movement at SMB United, its holding compan. Sudden price movement with director parinf down their interest.

 

Maintain at 48 cents.. Still very strong as the mother share did make some significant gain, but drop due to the market sentiment.

 

Accumulation is evident even though volume is low at 409 lots. Interest is still strong with trading to a high of 49.5 cents. Under my list of accumulation when price is right.

 

Despite of the loses in STI and most of the market, EDMI has stood her ground firm and gone up half cent. More to come ....

 

heya colorado, no prob. and no la, no need for all the praises...no lynching if stocks don't move the way we say can already. haha.

bu/sd data: i use poems. think uobkh has a platform also, but i'm not familiar with that. anyway, if it's poems you're using, when you log on, click to LP2, then on the counter of your choice, right click it, arrow out and click on 'time and sales'. you'll get the min-by-min data.

yeps, edmi PE ratio is currently abt 12.3x. Its NTA is 20.5c tho, based on previous report. Forward PE still looks good, since they've registered solid profits 3 years running already--hence its rerating to mainboard from sesdaq earlier.

do take a look at engkong tho. i've given the techs on it there; but if FA is your cup of tea, then my gege victorian has done some damn solid work there too. not that i'm siding family haha--but seriously, when i try to find loopholes (in terms of techs) to fault him on EK, i can't. The FA and TA pics coincide for EK, as it did for edmi in jan/feb back then.

of course, pls do make up own mind ah. shd not take my words at face value. elf always encourages independent research before buying. since we must never preclude the possibility that we left out something in the calculations. trust no one!

keke.  

 

 

Ha Elfie, I noted the caveat emptor. How can I bite the hand that "feeds" me with information and updates??? That's preposterous!!! I understand where you are coming from. Actually I should have phrased my question better; like based on the PE ratio and other indicators, is it still a good time to buy in? In light of what you have mentioned, I think it seems prudent to wait for a dip before I buy in since it has gone up quite a bit so I'll look into EK as mentioned. By the way, sorry to ask a silly question but how do you get the BU/SD data? I hope the place I am vacationing has internet connections, if not, may not be nimble enough to execute anything. Hey, thanks for sharing so unselfishly... you make such forums so meaningful when novices are able to learn and pick up tips that we would never have had access to in the big out there. Gum Xia!!!

 

Hope that it go lower so as to buy some more for long term uptrend. However, won't be chasing it since it has went up quite a fair bit. Like its trend, never really follow STI. All it needs is BB giving it a little push.