888 nobody know what is the lowest price. I just give an explanation to wai yoong because his buy price is too high 0.28 by saying it will go up to 0.30 and above because if it cant go up what for he still holds the shares just because he does not sell that means he does not make a loss? We must realize the fact early and if you buy at high price your mental emotion wont be good. 0.28 which is unacceptable . Goreng stock is all about timing, dont fall in love with stock. I think you are still not confident enough. Because if you are confident you wont ask 0.17 the lowest price. Of course 5 percent of your portfolio is not too high. Always set a loss limit. When you enter you need to know when you will leave as well. Good luck have fund with trading guys.
About 18 million of shares were transacted early beginning of may at the price of 19.5sen. Wai Yoong you shouldn't have sold off today if you credit term were to be until next month because the nta is 0.24 and many other positive announcement, such as the oversubscribe of right issues and etc. Please think twice before investing when the market is volatile.
dompeilee Got trapped in this stock when it was still called SKH in Mar '18 @ 10.38c(20.76c adjusted for consolidation). Last week busy attending meetings, then looked @ the mkt after the close on Thursday & noticed this VC surged 34% on heavy volume.
Happily sold @ 28 & 28.5c on Friday =) 23/05/2019 6:12 PM
This company is not a good fundamental company, although it runs 3 sectors which are construction, property and ICT but then the net profit of margin is below 1 percent so sad. This company is using diworseification strategy. A good company will only focus on its own segment unless it is good enough and have extra cash then only will consider to purchase or foray into another industry so this counter is definitely just for goreng.
NTA is 24 sen dont forget nta high does not mean it generates more money you use 286 which is cumulated net profit divided by 102226 then you which is 0.0028. This is the return of asset so sad. those assets cant help you to generate assets is considered as bad asset.
This is a fundamental weak company which is not encourage for long-term stay, if you buy just to speculate for a rebound which not good for the risk/ reward as it may just consolidate at 0.15, slowly settle at 0.10.
You just need to think and read the past 30day's trade records, the total shares available is 368 millions, the highest volume done on 23 May was 101 millions and 84 millions on 24 May, which was 27% and 22% respectively, also the price had downtrended to 0.18 to let you believe it will rebounding soon, thus encourage you to sailang for sure win technical rebound! 27% indicated that the syndicate was highly in control of the game to push the price downward to create the impression that too many people are involving in it.
If the price has rebounded to 0.20 but the chances of it will trade downward soon or later will still be there with high possibility! If you further look at the chart for past 3 years. Then you will notice that it had moved up twice aggressively including the current uptrend, now on the way down. You just imagine yourself if the past trading records were repeat itself, then very high possibility that you will invite to stay in this bangelow for sometime.
Yeah totally agree with you investorking just simply spreads fake news everywhere to convince people to buy. I don't know what kind of mindset he has to introduce people to buy this bad counter.
Don't just look at the past, look for future, the past this company didnt have any lending license, and last time only focusing on ICT, but now it's different, and the directors also changed
You shifted from historically famous ship calls Armada to VS (victory sure) of course you always have the hypothesis to convice yourself , then only you are able to create the beautiful story to make it like real sure win rebound is imminent! Good luck to you, my poor king!
Ya! Ya! If you were good, you should have proposed it before the current move, not to die die recommend it for technical rebound which is not justify the risk involve.
Investorking#. Throw away your ego and boastfulness.It doesn't works in the stock market.That day you boast that you bought 5millions armada worth RM 1million. If anyone with capital of one million and buy only stock in armada,then Vs, you must be the most foolish in the whole stock market. If anyone with only RM 1 million ,he would buy a few stocks and not armada and VS. (Sorry not intended to insult you.)
Even though I lost heavily but I personally think that share trading is about timing, because the share price of a share is not determined by us but by the public as a whole, for example, look at genting (m) share how much it is being traded now ? I have totally lost hopes in share trading. Anyway good luck to those who have won and don’t put the blames on others when you lose because you should have done your own research before buying rather than relying on what others said u.
Keep learning and loss money is considered paying tuition fee as in stock market personal character play an almost key role in investment, do your own research and as amateur never join any rhetoric party before you are more competent because most retailers will end up not making money. Keep learning and never loss your self-confidence is the key to recuperate to come back even stronger and smarter. ^o^^o^^o^
One positive developments is that the company directors are acquiring substantial shares of this company. That's to me a very positive sign that they believe in the future of this company.
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....
voodoo
68 posts
Posted by voodoo > 2019-05-31 16:24 | Report Abuse
what is T8?