For those looking at the points I have listed and still wonder why some of the counters fall after the results are out....majority are following the rules. Those exceptional like Geshen (I normally don't like to list names of counter- however for purpose of my point) Geshen has fulfilled most of my points except the opportunity to buy in earlier. As a trader I look at opportunities while I don't chase a running counter. I have expected Geshen to drop when the results came out looking at previous trending however did not expect a free fall. The low of the day fell below the support 1.87/1.88. I have picked up some as it broke thru 2 support. If you look at the 2 closing 2.55 and 2.05 (25 and 26 Feb respectively) it is a massive 24% drop and for those who observe the 2 support would have gotten a bigger margin if bought esp between 1.85 to 1.88 level. As a trader I will buy if drop again today to the same level and sell 10-15% above that.
Congrats to those who bought as suggested above. If you have it would be second round profit. The first round it went down to 1.85 went back to 2.05 and the second was yesterday went down to 1.67 and back to 1.91 The 24% drop with the results already out together with the 2 support breach was enough to convince many traders to come in.
The rule of 10-15% in single leap is illustrated in both the scenario is a MUST follow if you want to make the round. The range of 10-15% is because no one can predict the lowest to buy however you can approximate.
NewbieNew, I like Hevea for the reason the recent EPS 2015 is more than double that of 2014. You may argue the forex kicked in for 2015 vs 2014 as the reason however the previous quarter of 2015 also show very positive growth. (ref to link) At the moment I would advice you to buy the warrant as it is taking que from the mother (so you can anticipate ahead the price you want to buy) plus its gearing is higher if you match the movement of the two. Because I don't chase stock, If I queue I will queue at RM1 (below 1.11 and 1.04 support).
I wuz worried already. Bought from RM1 to RM0.93. Should I sell Simon?
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: ES Sunlogy Berhad, a provider of mechanical and electrical (M&E) engineering services and renewable energy solutions, aims to list on the ACE Market!
MQ Trader 194 views | 1 d ago
0:17
New IPO: Techstore Berhad, an IT security and automation solutions provider, aims to list on the ACE Market!
MQ Trader 453 views | 2 d ago
0:17
New IPO: Richtech Digital Berhad, a distributor of electronic reloads and digital payment solutions, aims to list on the ACE Market!
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....
tony89
303 posts
Posted by tony89 > 2016-02-20 01:34 | Report Abuse
Enjoy your post very much simon. Continue to write pls.