You got it completely wrong, I was an advocate of this stock, only those who bought during the tech boom of mid 2017-early 2018 would know that (cheeky of you to try to discredit me) . But subsequent management actions proved to me that their announcements were all "hot air" , nothing material ever emerged and each time it was just irrational exuberance by market punters seizing on the price rise (based on charts) to make a buck or two. It wasn't one worthy of continued hold as it fell to a low of nearly 4c from the 20+ c when I cautioned all, and continues IMO to remain so (non-worthy).
When more "positive" announcements are made, it is either to revive a flagging stock price or a CR is around the corner.
As for your last para, if you think so then my prior comments should not bother you since they were made quite awhile back, and now you are just making it worse for yourself inviting me back to the forum to say a piece or two.
If a company is any good, its the 4C that shows, none of their announcements from South America to Cambodia to Malaysia made any material relevance to $$, probably Philippines is no different. Just a different country. Its transactional based revenue model does not add up to anything capable of being significant, unless it is able to partner a big boy but they only want to learn what YOJ technology capability can deliver without a genuine interest to be in a venture with them. Time may prove me wrong perhaps but until then, I believe time is less on YOJ side given the economic conditions out there and ample number of competitors trying to corner the same market.
I have played the GSW/YOJ game , it is an old story they have had their chance to prove themselves but did not (yet there remains new players speculating on them without a closer study of the history of their management ), there are brighter prospects out there for capital that is so susceptible to great risk in this current market environment.
Don't be genuinely concern that my expressions would send the sp down , I do not have such great powers nor think I do, it would most likely retrace anyway on Monday on the back of an expected poor market sentiment following the Dow's large fall.
YOJ Price at posting:
8.7¢ Sentiment: Sell Disclosure: Not Held
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