Chin888 - 1 more week

Yes - support is 0.685 , now is weak time , chance to accumulate more .

I Q 0.70 all match . Now.......wait and wait , need to form the bottom now for a week . Next week only can see the show .

Fitter up down up down . Consolidate + correction RSI overheat .

Tomorrow up trend . Keep it on .

Isn't the PE ratio too high?
In the words of William O'neil, the author of the best selling book "How to Make Money in Stocks" and the CANSLIM formula for stock selection in an interview: 
 
"We found that there is very low correlation between PE ratio and the best performing stocks. Some of these stocks had PE ratio of 10 when they started their major advance, others have PE ratio of 50. 
 
During the 33 years in our survey period, the average PE ratio for the best performing stocks in their early emerging stage was 20. At the end of their expansion phase, these stocks have an average PE ratio of approximately 45. This means if in the past, you are not willing to buy stocks with above average PE, you automatically eliminated a lot of the best performing securities. 
 
A common mistake a lot of investors make is to buy a stock solely because the PE ratio looks cheap. There are many reasons why a share's PE ratio is low. 
 
Another common mistake is to sell a stock with high PE ratios. I remembered in 1962 when an investor barged into my friend's brokerage office declaring in a loud voice that Xerox was drastically overpriced because it was 50 times earnings. He went short at USD88 dollars, Xerox eventually went to USD1300 adjusting for stock splits."
 
As examples, AMAZON is currently trading at a PE ratio of 552, LinkedIn at 758 while FACEBOOK is at 86. People just want to own them.

Son is down trend which I tell u yesterday .

I still q 100 lot at 0.70 . Up down Up down ....... consolidate

Consolidation almost done . Resistant at 1.80 , once break will up direct . Rsi , Wm and Macd was beautiful , can enter already .

I will switch fitter to gdex after fitter reach my TP .

Yes , stock take I aim mostly good stock . Because I have my own trade rule , normally I run off within 3 month . I not do long terms .

I buy at 1.05 , 25 lot only . My TP 35% is 1.42 , I will start q next week .

Pjdev-wc , and encorp .

Encord will be out next week . Because already reach my target .

Pjdev-wc ( new ) - TP 0.94 ( till 1/7 )

I will share what I see from chart . prleclxus is good to have it . But I only concentrated for 3 stock in same time . Study other for preparation on next stock to have , because my time frame is short , must have strong potential only I will go for it .

Hi Brendonyeap , 1.04 is break pivot 1.037 today . It will test 1.07 and 1.10 next week , 1.11 is another strong resistant need to break , but normally need fewday correction before break up . RSI 85 really too high , MACD still healthy , Monday and Tuesday still have hope .

hi basicinvestor , yes agree you view . I set my . Target and time frame, see whichever reach first , reach the target I sell off too .

If not reach target within my time frame , i will still consider , if the prospect is good , I will extend 1 month to try , otherwise take profit and go .

For this fitter , my time frame is till 18/5 , TP 1.18 , I still can wait .

You are welcome

Have 2 day to raise money . Monday another 100 lot .

That 100 lot already match . The 8 lot I key last minutes not match don't know why .

Hi brendonyeap , I use my 6k dividend from fitter to q 0.705 but not match . Next Monday continue .

duitKWSPkita - don't step in first . See if break 0.08 after OR convert . Buy after break resistance 0.08 , otherwise hold on first .

Michelle - Yes , last december big fund already go off . So u still need to go in ?

Yes Brendon , 6k dividend received . Thanks fitter . Another 6k next round ...... Huat ah !

ASIA BIOENERGY TECHNOLOGIES BERHAD

Particulars of substantial Securities Holder
Name
Deutsche Bank AG
Address
12 Taunusanlage, 60325 Frankfurt am Main, Hessen, Germany
NRIC/Passport No/Company No.
HRB30000
Nationality/Country of incorporation
Germany
Descriptions (Class & nominal value)
Ordinary Shares of RM0.10 each
Date of cessation
09/12/2013
Name & address of registered holder
DB (Malaysia) Nominee (Asing) Sdn Bhd
8 Jalan Sultan Ismail, Menara IMC
Level 18-20, 50250 Kuala Lumpur, Malaysia
Currency
Malaysian Ringgit (MYR)
Number of securities disposed
3,775,000
Price Transacted ($$)

Circumstances by reason of which a person ceases to be a substantial securities Holder
Disposal of shares in open market
Nature of interest
Direct
Date of notice
13/12/2013

This is calling news :-


Deutsche Bank AG 大股东丢票了。。。Asiabio  and AT 这对难兄难弟.

Maybe ? Should be ? U really know how to read the back story of the news or not ?

U tell everyone so many news about biodiesel but dont see any relavant ( berkaitan , 关系 ）, with Asiabio .

Can you post something usefull article ( Bermakna penuh , 具体报道） about Asiabio future ( Nilai masa depan , 未来潜能 )

Should not , it's strong support at 0.685 , more dangerous if break down , need more time to break up again . I place buy at 0.705 for 100 lot . If get , good . otherwise go ahead 0.83 . :)

Breandonyeap , from morning market move its bit hard to test 105 , it will try to gate at 104 by next Monday . Next week have supprise news should annouce . Q1 make a good result , not worried on it .

Alex , you are really not capture what I means. And I may know you are not longer time in share stock market . If we talk electrical car , we should go Etitech , which is company manufacturer battery for car .

And just copy and paste news , just google B5 , i can get more news they . Thats why i need to know what relavant B5 with AsiaBio .

Please give some analysis report based on fundamental and chart move and predict fair value.

Can u help .

By Monday 1.04

Brendonyap , 67.5sen ? You read oth articles carefully , " buy when break UP to 0.69 . Strong supprt is 0.685 now . Collect before late . This flight are not waiting one . Good luck.

Yes , go a head

From beginning till end , can tell me about Asia Bio relavant with all of this biodiesel project ? Link please .

Relly bad counter .no big shark interesting for it .

Left Mon go first , son will follow at big gate directly .

Seen like correction consolidate period . Support at 1.01, hold it tide , up to 1.08,1.13 next week .

Fam Jenny , seem like you very confidence with it . I can play on it . How much you predicted for the TP from the news ?

Fair value for mother is 2.18 , so son should be 2.50 ( 1.50 ) ?

Hi fam , thanks for you advise . I means is the OR , not worst it to buy in , if really need to benefits , just collect it from open market . Just revised the OR transaction , its really bad . So do asiabio can raise the fund or not ?

马都是吃草的,会跑的才是好马。。。。。

Wait ? Left 3 year right 3 year .... I become old already , if I really need long term , collect from open market LOL .

Consolidation periods

Email him @ tbooifx@Gmail.com

Upsidedown 119 , great and well done . Be gentleman , I support u .

Hi both , stop fighting . Discuss stock market , not human .

GG share chart have a lot of thing to see , not that 1 point only , fundamental , Eps , growth predict .............etc . No right or wrong , just see after 3~6months , who win money , win LOL ......

Alright .....0.83 .otw

Tomorrow strongly break to 1.02 and try to touch 1.11 . Aiyoyo ...... huat lah ........ next week ...... go makan angin liao .

What's next ? Break resistance today

Brendonyeap , I tell you yesterday 1st resistance at 1.01 , so today stop it at 1.01 . Tomorrow - consolidate or grow ?R1 1.03 & R2 1.08

Count yourself , buy at open market save 25% from OR , or 25% more qty . Think - what make the WA price up ? Mother share . Gain 25% more share from mother share , what is the consideration point about OR ? Long term , or short run , nothing ....

Sure , brendonyeap 0.83 is the only resistance . Just wait and see within 1~2 week . Mothers should be go very fast , because properties index are bullish well .

Current Tp 1.18 , see how if break and up again , just wait .....

Lazy to talk again , read back the previous message .