This is not goreng stock, because volume seldom in top 20. These big tycoons not interested to goreng. They are investing for long term. Even u imply goreng, they can MOU with any Sdn Bhd company for supply of novelin... GOcean is like next guan chong
I invest my life savings to buy 500k shares. If only more people invest much better... CMY son stakes r listed in annual report 2012. Tomorrow I'm buying 200k shares more to make my total investment close to 1milkion shares over next few days. All my wife and my savings will be placed in GOcean.
Bullish, appreciated your sharing and feedback. However, cld it's be for CMY the entry level much much lower. Really wonder, announcement out yet no much buyers interest. Hope tomorrow will not break the support level of 0.325.
Trefoil these syndicates have 2 motives. One in anticipation of private placement, they press down the price to get better price average. Two is to collect cheap shares by making investors fed up. If people start throwing , its going to instigate others to do so. I think these shares throwing could be from previous private placement or by ppl aligned to syndicates... in actual those sellers figures are artificial... so don't be intimidated by the figures. If I have money I wallop everything n not queuing up as buyers...
Peter, I suspect private placement anytime this Dec. They try to get better price average. If the price slide too low, got big crocodile waiting to bite. I expect seller n buyer same person. Syndicate trying to collect cheap.
Sellers are from same brokerage firm which is syndicate owned... u dun believe go check Maybank RHB & M&A.... I damn tulan already. They try tempt youto sell. If everyone start panic then they buy cheap. But they also know alot ppl won't sell. So to collect back scripts they have to push up...
Heard kaotim on the private placement price. Now let public push back the price. Rumours was initially push down to below 30cents but they need give face to Taiko Ng as his entry price above 30 cents. So all green light...
I just learn from all the sifus here. Just continue to see if can 320 - 325 range... if break, then it should race back 335 level. Public confidence is shaky, but slowly the confidence level will build up. Once all third liners up in big wave, GOcean will follow suit.
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....
Bullish
895 posts
Posted by Bullish > 2012-12-03 17:21 | Report Abuse
Hold first... something brewing