High prospect and potential counter... Bursa issued UMA to Ideal cause a crashed,... what is UMA mean? Nothing to me, because to base fundamental of this counter is great and with good profit of 1 and 2 quarter report... What scare?
Ideal Sun City Holdings Bhd's share price dropped as much as 19.75% or 15.5 sen to 63 sen yesterday after being slapped with an unusual market activity (UMA) query by Bursa Malaysia over the recent spike in price of its shares. In response to the regulator after market close, Ideal Sun City revealed that it is in discussions for an acquisition plan, but details are yet to be finalised, as negotiations are ongoing. If acquisition ON, share should spike!
My 2 invested counters had been strike down last week due to UMA and margin call... Sumatec and Ideal...this might take at least 2 weeks to recover. Ideal fundamental strong with good revanur and profit thats why recover faster than Sumatec due to less share value.
sumatec is stable now .....but Ideal is dropping like a rock ! ......Ideal went up steeply so downside ,maybe also fast.....2 weeks to stabilize or recover ? recover to how much ?
bro 4u2c, no doubt Ideal is dropping, that will be in a short term due to last spike bullish too strong after UMA sharp dropped from 0.83 to 0.555.... That's goreng season has over, overall of the company performance is great with good profit in last few quarter result... So even enter right now will still make some for long term investment. Those who picked up at 0.8 is still consider ok once the company has further action... Anyway same as Sumatec, Contra is high risk overhere....
yes, william.......we will add more if it breaks below 50.....i actually buy the warrants but look at the mother price for my entry.......this will be my 4th entry into Ideal . first n 2nd win handsomely.3rd got stk with mother at 66 (84 still dont want to sell) .....i definitely need to top up....
due to share volume this counter can easily strike down and rocket up. 2nd Quarter report shows good and due to UMA issue small fishes scare to sell panic for profit taking...
if you see the value in this counter. Have faith, and hold on tight. average down when there is an opportunity. (Never buy in when you don't plan to average down when the price drops)
Base on projects on hand, on going project and 6 consecutive profit quarter, this counter deserve higher price just due to recent bursa crisis...if you have a look other penny stock also facing same as Ideal....comparing Ideal to Sumatec i more confident on Ideal..
Overall market is in huruhara...many got wounded..stay calm..we need each other advice..to cut loss or not..to average down or not..for ideal this week unable to break 0.60..so those buying below 0.60 ..unable to pikup must sel n some cut loss ..this kind of scenario create uneasiness ..fearfulnes..listen to our gud frenz here..then make own decision..this havoc should calm down two weeks time ..whatever ..it is ourselves...hopefully few days after merdeka ideal will found its base ..then rebound
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....
4u2c
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Posted by 4u2c > 2014-08-27 00:00 | Report Abuse
reasonable expectations.......thankyou for yr comment