it will be down,down ....Bollywood show started when they bought useless MEGB (loss making company) .I cant see any future for smrt for the next 3 mths.They are bleeding cash whweas MEGB shareholders all laughing to the bank !
4uc2, smrt enters megb as a SHAREHOLDER. So , when megb price is above0.60, they earn money , , megb makes loss or not has nothing to do with smrt , as megb is still listed in bursa .
MEGB rich with properties... Johor Bahru and PJ (both prime areas), selling these 2 should be enough to degear MEGB (based on their balance debt stated in last report) and also In Kota Kinabalu & Kuching (a pathway for Cyberjaya university to venture into east Malaysia????) my opinion.. this is a mid term counter approx 3 - max 6 month.. TP 1.20. Brahmal selling... Maybe for Creador to come in later once SMRT decided to move to Main Board? Any comments on this Alpha Trader?
win1 say can buy at 58 .....cipapo say chart indicates --stay away. Chartist looking at the same charts but hv different views .ALL traders /contrarians looks at these charts too b4 making a BET/trade ....base on the fundamentals of the buying of megb ,some idiot (like me) says stupid decision whereas others view it as smart move.
Megb shares rose against their lousy performance because richman smrt threw money to them. Their shares hv flown.....SMRT fork out money n their next P n L ,will they get any profit from Megb ? Buying a useless company weakens smrt short term.
nvm, no need to explain to those who really don't understand business... as said before, SMRT is for mid-term. If you 're expecting results in 3 to 4 days as contra players, of course it is not good. Smrt can earn extra 23% from megb when MEGB is successfully turnaround. In order to turn a right now losing company to a profitable one, it needs time. We have to look beyond now and this few days to 3 to 6 months time.
Megb- no dispute. Definitely gain despite being non profitable as a biz.If they continue their pathetic trend,it will drag down smart.Both of u hv valid pts.Time will tell
Why u all so concern about disposal from bv? He is not the Major shareholders anyway. As long company is continue doing good then no harm for keepIng the shares. We are looking for growth not follow his butt.
Isn't now the best time to collect? That's why most ppl find it hard to make money in stocks. Price come down scared to buy, worse is sell even quicker. When price is high, can't wait to chase. Sigh.
In my opinion, It's stupid that everyone is chaseing the most beautiful girl in the class... Things will turn out unexpectedly surprise when the right time is here ~~ Smrt can outperform others very soon .. It'd been flat for almost a month, I believe it will bounce again and others will trying to catch it again. Add it to your watch list and see how it going to perform soon! Good luck.
0.62 and 0.6 this week was sold by BV Base on vol , he has no more stock. Just bear with it, now the sellers are some institude who followed BV. I believe there is a new buyers announce soon. Just hold and watch ; )
Creador (BV's company) buying MEGB with SMRT, they are in the same boat, do you seriously think BV selling SMRT shares is bcz he is abandoning the ship? Zzz... not to mention SMRT has been turned over from losing money to making money... dumping share now? So nowadays we should buy company which lose money and sell lower when earn money... seriously???!!!
I believe most of retails investor stuck at 0.7 and above. Bv sell down.. Only he know why. Look at selling pattern, is blocked by BV. He wanted to sold all his holding. 13 mil share sold price stable stand at 0.6. I assume bv with zero holding now, price will shoot without blocker. By today? Tomorrow? Or next week?
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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....
angang
54 posts
Posted by angang > 2015-01-19 14:04 | Report Abuse
up up up..waiting..what entry price should be good?