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3 comment(s). Last comment by BC475654 2013-05-19 00:23
Posted by lotusf1 > 2013-05-18 23:49 | Report Abuse
Counter fliying everday but....risks remain as the counter had reached overbought status.
Not sure if be some corrections due : any idea ?
Posted by BC475654 > 2013-05-19 00:23 | Report Abuse
Overbought very unlikely as the huge bulk are bought by foreign/buyers over the last 15 trading days.I am confident buyers will outnumber sellers in the coming days.More potential foreign/institutional buyers who are still sideline at the moment waiting for official contract announcement.These group of investors buy only based on factual data.Eg:1)Is the contract secured? 2)total contract value? 3)duration of contract before they could derived at Dayang's earning projection.Next they have to work out the forecast their own ROI.Only then the decision/action to buy or not to buy.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BC475654
605 posts
Posted by BC475654 > 2013-05-18 23:32 | Report Abuse
TP REVISED UP TO RM 6.87.Looking forward to Mon Trading.Cheers.