Hi guys......been out of the market for a while after temporarily clearing all my position in Presbhd from RM1.09 - RM1.16. I noticed earlier that Presbhd was highly overbought and I was feeling really uncomfortable about it.....so much so that I had to sell all and clear my position. I started selling on the 25/8 until 28/8.
To me....share trading is an art. We try to buy low and sell high. Sometimes we can also buy high and sell higher. The main aim is to make money. Share prices don't alway go up forever and likewise they don't always go down forever. We have to know what we are doing....and play our cards right.
When we go into the stock market....we MUST know when to ENTER....when to HOLD....when to EXIT.....and when to ReENTER. Most important is when to EXIT. Whether we like it or not...we have to have the necessary trading tools at our disposal such as the MAs....MACD....Momentum.....Candlestick charts....Stochastics.....etc. to help and guide us to make the right trading decisions.
If we buy shares blindly and the shares go down sharply...we don't have anybody to blame but ourselves. The signs and signals are already there for us to see. Its up to us to interpret them whether to buy....to hold....or to sell.
I wish you all the best of luck.

We have been talking about this matter since Presbhd share price was around 30c......now Presbhd is trading at RM1.15......
So....what do you all think the outcome is going to be? Is it going to be good or bad?

The more the naysayers give negative comments.....the more Presbhd share price is going up and refuses to go down. Everything looks very² positive from now on since the recent Qtr results have no negative impact at all on the share price.

Qtr results are irrelevant and already expected.

We didn't buy bcoz of expecting good Qtr results. We bought bcoz of expecting something else.

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Yes sirr......more than enough for today. At least its not going back to 95c like somebody said....hahaha

Limit Up Guys......

Those who wait will have to keep on waiting forever. They will only start chasing to buy when the price has gone up back to 50c. Typical human greed.
They should in fact be greedy now when all the people are scared stiff. I collected at 11.0c - 12.0c. I will collect more tomorrow.
24/03/2020 11:38 PM

☝️ My earlier msg when I urged ppl to buy during my earlier collection of Presbhd in March 2020. Imagine 5 mths ago it was only trading at this price.

@Bemillion bro.....as we discussed earlier.....I'm with you all the way.....hahahaha......everything seems to be right on target!

Hahaha......Danny boy disappeared already.....
can't bear to watch.....

Recent high of 1.17 already broken.....today TP 1.30

That loudmouth said it was going to 95c.....hahaha

Where is that loudmouth Danny??

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Thanks Bemilion.....very informative indeed.

Qtr report is irrelevent. Ppl should understand by now why the current share price is at RM1.08.

Crystal clear Presbhd is a cornered stock. No doubt 'Someone' is controlling the stock movement. Its very obvious at the closing when they scooped up 1.08.

So far....Presbhd hanging on very well.

Healthcare counters crashed.....dragging down 13pts from Bursa.

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Hehehe.....true Bermillion.

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@Boomer52.....
I have been wondering, why did the management of Presbhd set such a low price for the RI? How much was their valuation of the company's share price? Is the current price justified?
19/08/2020 4:56 PM

A lot of companies do that to reward their loyal stakeholders / shareholders. They don't have cash to give bonuses or dividents.....but they can offer cheap RI as a way of saying thank you.

Excellent closing at RM1.14. As I said earlier ....now no more trading below RM1.00. Too bad for those who sold early morning.

@khpwwl.....
but proposed only wo...havent approve...but take how long for the approval
19/08/2020 4:06 PM

Already submitted to Bursa and just waiting for approval. Once approved....Presbhd will call EGM.

@Boomer52.....
Even if we take share dilution into account....still, it won't be as low as 20c surely...still very² lucrative indeed...

As the share price appreciates higher and higher.....the RI becomes more and more attractive and very² lucrative....Institutions will indeed chase the share price to subscribe the 20c rights. Who wouldn't......considering the share price now is already way above RM1.00.

@cicakman...
After this no turning around......hahahaha

Presbhd has already beaten HTPadu's share price.....now its just a matter of time before beating DSonic's.....LoL

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Hehehe.....small fish will not dare.....afraid of being swallowed alive......LoL

Many retailers are going to be fooled today.....they started disposing their shares at RM1.00 - RM1.03... bcoz they thought Presbhd would reverse back below RM1 after reaching RM1.04 - RM1.07 like it did a few times before. Well....I have bad news for them. This time Presbhd is going to close way above RM1.00 for the very first time and a lot of ppl are going to be frustrated and disappointed for checking out too early. There is simply no turning back at this point.

@Bemillion....
Limit up....lurking base on current atmosphere and positive sentiments....for Presbhd
19/08/2020 7:28 AM

Yes bro......hopefully you are right!

Good morning guys......
Are you ready to rumble??
After taking a breather and consolidate for a few days....an inverted hammer was formed on 17/8 indicating a trend reversal was going to take place. True enough, Presbhd moved up yesterday to close at 99c and forming the bullish 'White Inside Out' and sending a buy signal that Presbhd is going to perform a powerful rally today. Thats why I was willing to buy further yesterday at 98c. Even Affin Hwang still bought at 99c recently.
Today....Presbhd will gap-up at opening and will rally towards its recent high of RM1.07. If it can break this level convincingly, it will try and challenge the RM1.18 TP.
Good luck guys......

@zerocool......
Lol..the 0.990 last minute buying que
18/08/2020 5:01 PM

Its a sign that tomorrow Gap-Up opening.

Tomorrow will start the RM1 trading era.....LoL

I'll wait first....If nobody wants.....I'll scoop the jackpot later.

They want all ikan bilis to throw......thats all.

They want to stay in the 90s a bit longer laa....after this they will stay above RM1 maa....

At 11.07am.......Rediculous number of 'Dummy Sellers' start to emerge to scare off buyers and to lure retailers and weak holders to depart with their shares......lol

Yes cicakman......the shares have been cornered. Nobody wants to sell already. Now they can do whatever they like. Today high probability will close above RM1 for the first time.....tomorrow will fly to the moon.

Where is everyone?? Sold already?? Bad move if you sold already.....

@zerocool......
Hahahaha......Bro....Affin Hwang is just like me....keep on accumulating only.....No selling.....lol.

@cicakman....
At current sentiments ,if can get support and maintains the interest slightly red,yellow and green consistently considered one of the best counters.
Coming soon.
17/08/2020 10:30 AM

True Bro.....I agree with you!

@deMusangking.....
when affin hwang keep buying in even at this current price...the writing in on the wall!!!!!
16/08/2020 9:46 PM

True bro......Affin Hwang bought at average price of 99c.
I'm sure they are not selling at RM1.00.

@zerocool......
Where is robotop bro?i miss him d....haha
17/08/2020 11:04 AM

Hahaha.....Sorry bro.....been bz since morning.

I was labelled a conman and a fake when I first made that buy call at 29.5c. They said I was trying to trap people because Presbhd was going to go into PN17 and was going into bankrupcy.
I bet a lot of people will be very² disappointed now.

I bought some at 29.5c today to add to my BIG collection. As I said earlier....anything below 30c is a give away. Those who can't afford to wait can always check out. I'm willing to wait. Still until now...there is no news that Dsonic got the SKIN project and its share price has been dropping like crazy. Presbhd share price on the other hand is quite stable hovering around 29.5c-30.5c...and waiting for the right moment to move up.
The court case to decide the quantum of the compensation will run from 1stJuly until 3rd July.
By 3rd July everyone will know the exact amount Presbhd will get from the government for breaching the SKIN contract. All we have to do now is wait and collect as many shares as we possibly can below 30c. But as I said earlier....those who can't wait are free to check out anytime they like.
Based on valuation, if Presbhd is awarded RM730 mil.....its share price is worth RM1.06.
05/06/2020 10:16 PM

Still collecting at 29.5c on 05 June.....and anticipated the share price would go to RM1.06 if Presbhd was awarded RM730 mil. True enough the share price has moved up to RM1.07 even without getting the RM730 mil yet. Nobody would have thought it would move from 29.5c to RM1.07 at that time.

Last minute got all at 29.5c. Forced selling I suppose....hahaha
03/06/2020 5:02 PM

I collected a lot at 29.5c and still keeping them until now.