Price consilidating the previous 1 month rally...expect it to continue another 1-2 weeks to form solid base before rallying further to test that 0.25-0.27 resistance level....
Anyone can explain why lose chance of making money but delibrately try to make less money when share price is up ? A ha ha ha. That someone must be "short" liao. To me, it just mean someone meet his target margin and quick quick sell before it get cold. This sound like a story of many small fish follow big fish cari makan, those close to big fish see big fish make u turn, it also turn but those follow long queue see the big fish in opposite direction, sayonara lor. Tiam
U all think too much already .... volume so small, how could it be big boy disposing .... i guess traders selling after made money n move on to other counters only .... cheers ....
based on trailing 4 quarters EPS of 2sen, it is trading at 12x PE, which is deemed quite high for such a small cap like RGB... i think RGB is fairly priced in now... hard to go up more, partly due to the reason of a lot of profit taking from the huge amount of outstanding shares (1.32billion outstanding shares!!!)
dolly chai , nono118 , 9/11/ - 18/11 -30/11 every time price over 0.25 will drop below 0.25. three week three times already ...every week have one time ,look like rgb cannot stay above 0.25 , look like big holder selling at above 0.25 ,if you buy and hold near 0.25 no room for upside very high risk ...
double top, shooting comet or is it stars, P/BV and now trailing PEs, I know no no. Like many who have sold, 0.18 to 0.27, we all hope it drops back so that we can all buy back and more. Cheers.
MATB 9/11/ - 18/11 -30/11 every time price over 0.25 will drop below 0.25. three week three times already ...every week have one time ,look like rgb cannot stay above 0.25 , look like big holder selling at above 0.25 ,if you buy and hold near 0.25 no room for upside very high risk ...
nono118, directors and boss are really laughing all the way to the bank with their much discounted ESOS... and the volume of ESOS is really high... that is really unfair for the shareholders...
I do not know what the intrinsic value is but I do know that it was the height of stupidity to have sold at 0.18. When it goes up to 0.60, I too would look stupid having sold at 0.26. Cheers.
Money168, agree with you... but it is a cruel reality that normally the directors will get the most benefits and only leave some peanuts for the lower level staff...
A ha ha, some did say ppl purposely press down the price. Emm, not really logic lar. If can push to 0.30, why sell at 0.245. ? Too much money kah ? We are talking million here for them and who would want short of another 20 to 30%
见好就收, rgb is just an OK share to hold. Don't fall in love with one tree and forget the forest. If u see the way taukeh sell his share, u know got plan one not chin chai jual.
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....
tradernewbie
14 posts
Posted by tradernewbie > 2016-12-01 16:09 | Report Abuse
Prince, thanks for advice