KYY kena force selling. Where got money to push up the price? If he got enough cash to pay, he wouldn't be forced selling. How long will it be continued? No body know. We only know KYY wants ikan bilis to help him push up the price so that banks can stop force selling OR he can sell to them!
Quick question Mr Koon, will you buy more at current price? Or u will just hold until it goes above your costs? (I assume your average costs is >=1.20?), thank you :)
don't get me wrong, i am not KYY fan or supporter, i am just an investor, i like this counter because i found that it is oversold and company is heading to recovery mode. once they get rip of the property development division, that is the turnaround point which i think very soon, i purposely went to the falling star site, it seem likes going to complete within 2 -5 months.
From the selling trend, an astute investor would have detected something is awfully wrong in this counter. Never touch this counter. Sorry to say KYY got trapped big time this time.
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....
shortinvestor77
5,487 posts
Posted by shortinvestor77 > 2018-08-04 17:24 | Report Abuse
KYY kena force selling. Where got money to push up the price? If he got enough cash to pay, he wouldn't be forced selling. How long will it be continued? No body know. We only know KYY wants ikan bilis to help him push up the price so that banks can stop force selling OR he can sell to them!