I concur with you growth hunter, on the 30 cents target play during this euphoric sentiment run-up. Further, I think the price will increase this month and the next, albeit small and gradual increments, prior to February when they report their final quarter. Perhaps they might hit 32 sen by then, bearing that sentiment is supportive in view of the run up to elections, which might be in March 2018 during the school holidays. But post-election period, the market situation only god knows. David goliath, no point being so worked up on comments that is not your piece of cake. After all, if you are a holder beyond the T4 dabbling, prices between 24 sen and current 26 sen will not cause you sleepless nights! However, if you notice, yesterday the transaction volume has increased slightly with an upside bias.
Good point, weavefinder. Davidgoliath, actually Billion's comment make this forum less boring. Like many other jokers, Billilhe disappear from this forum when the shares move up and resurface when the shares goes down. For the time being, the share price will range bound before moving upwards.
So now we can guess-timate that from this coming Monday until End March 2018, the maximum that it will reach is perhaps 29.5 to 30 sen, and for the price fixing it will be about 28 sen hovering for about 5 days. This private placement is a bit of a letdown, taking off the steam from this co. Anyway, if you wanna make a 10% profit in the next 3 months, the co has already more or less defined the magnitude of your gain as well as the timeline,
I am sure there is a purpose for this private placement. Ran777rpt please check your source if it is being placed out to a strategic investor, EPF, Ekuinas or some BIG fund house
Was waiting for it to come down to 0.24 as predicted by billion.....never happen. Today shot up by 0.02. Ran777rpt any news which is pushing up the price
From the proposed private placement announcement to Bursa, "The Group is currently in the discussions of potential collaborations with external parties for the provision of bunkering services to expand the performance of this business segment."
While its business plan of collaboration with external parties to expand the scope of its bunkering services will no doubt underpin the share price, the real catalyst that will turbo charge and propel the share price higher will be the identity of the private placee..
Year end cheap sale ended as at yesterday.. Beginning next year, there is new arrival/s ( the new placee/s) and price will be higher with up to date fashion
Hi guys, happy new year. Regret to inform that I am opting out of this counter. For I need fund to invest else where. I am also of the opinion that their placement to the investor is taking time and giving me a discomfort. I wish all here good luck.
ran777rpt, i regard you as my guru. Now that you are leaving this counter we all be clueless regarding its future movement. Also may I ask what new counter you are getting into.
Klugman, this counter got potential but time wise directionless. As per theedge stock picks today, straits is in among the big brothers. Refer to the edge online today. Currently I am in ekovest(need to wait long term), Puc, a new counter I entered at 40 cents is Scomnet based on a friend’s strong recommendation, keyasic which I am patiently waiting( slightly above my bought price.
Look at fundamental. The game just started next qr will tell. Malaysia as a key hub in logistic else cn, jp, Middle East will not invest huge money to build the ports and og storage. in Malaysia. Just hope that Straits could get more contracts.
I am sure Rakuten stock analyst has met up with Straits management recently. I am sure they probably know Straits big game plan for 2018. Otherwise how Rakuten can so strongly recommend Straits. I have not seen an Ace counter for a long time, Straits performing so consistent and solid. This is what we shareholders want. Not some speculative stocks, one day go so high up next day crash and all mati
From logistics industry point of view, I must say this counter has bright opportunities in 2018. Anyway, seems all the opportunities are belongs to them when there is no competitors around hahahahahaha.
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....
billionn
733 posts
Posted by billionn > 2017-12-15 05:33 | Report Abuse
Are you still in doubt abt my TP. 24 u should know by now and it is coming soon