The reason this is being chased is the assumption that with Jack Ma's visit, it will boost this China-glc. That's probably why share prices peaked. Aside from its solar energy generation (1MW), not much is known of its other activities. Dividend yield is also none over last recent years.
I bought 0.07 and sold 0.14 on monday. I bought back this PUC with double quantity than before at 0.15. No sure good or bad decision, but I feel deeply regret when sold at monday.
once u sold at 14, shouldn't buy back at higher price. Wait for your profit and treat yourself. Greed always kill us. When you see price had gone higher, you feel you have sold early but that could be the best price bcos it is difficult to get the highest price.
When I bought this PUC last year, my target was 0.2, or long term hold it. That is why i feel so regret when sold at 0.14, because no follow my own target. I think i will go bang the wall if it hit above 0.20, rather than it go back to 0.07. BUt anyway, thank you very much for all good advice. appreciated.
the stock has zero links to Ali Baba or the new logistics, its a silly linkage ... key is try to find of the late owner's brother, who has gotten all his shares after his untimely demise ... then try to find out who the two placees for the new 10% share issue..
Sumika, i agreed with u. the main reason why i bought this share last year was because by late owner's brother Mr. Cheong Chia Chou. Seriously I never heard about alibaba, jackma, logistic thing.
Yes. The selling pressure is reduced anf buying interest is slowly coming. Today all 0.145 is eaten very fast.. Hope tomolo is the time to push up again..
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....
bowman
2,597 posts
Posted by bowman > 2017-03-22 12:02 | Report Abuse
The reason this is being chased is the assumption that with Jack Ma's visit, it will boost this China-glc. That's probably why share prices peaked. Aside from its solar energy generation (1MW), not much is known of its other activities. Dividend yield is also none over last recent years.