From all the talks going on now. It seems gst will come sooner or later. It is in essence a more efficient tax system. Just the implementation can be improved.
Break out down trend line @ 0.395, If today close at that price or above then tomorrow will be gain day. Best price to collect now @ 0.390/0.395. Prepare your own complete trading plan. T.A.Y.O.R.
Today, penny stocks are weak due to an extended MCO just announced in the afternoon. But this counter still closes unconvincingly at 38 sen. Operator stacked up buyers at 37.5 sen, so we could only queue far behind.
This morning, I saw the buy queue at 37.5 sen was much lower, so I changed my buy queue to 37 sen instead. Apparently, it was not done today. Lol.
While there could be some sporadic selling on MCO jitters, I saw it as a temporary setback, which will get over one day. Moreover, Malaysia's vaccines rollout is said to be on the way too. Once the economy recovers, chances for GST implementation(an added bonus) could be reevaluated in a more positive light. https://www.theedgemarkets.com/article/malaysia-says-its-delivery-pfizer-vaccines-track
Never mind. Just unload to me. I am still waiting at 37 sen, as a start. This is a long-drawn battle (like Covid-19) with the mkt operator. Never easy....
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....
alexlee06037
216 posts
Posted by alexlee06037 > 2020-12-23 17:37 | Report Abuse
Gst reintroduced tp 1.5