Another news from MEGB in favor of SMRT. What I like about the MEGB/SMRT deal is, the parties commit and execute what they plan. Only time will tell, need to be patience. Sad thing SMRT price drop too low. Hope from the news above, uptrend will start thereafter.
Only with increasing profits, cash flow and lowering of debt will it be considered good news. This news is kacang putih. It's 23% stake in Megb only gives it rm4m.
Time to bottom fish. Big tow kay negotiate big stake at special discounted price 49cts. Now only 40 cts no need to special nego and can buy in small qty, bit by bit if push down further by Brahmal. Wait some more?
U wont need to wait long for divident. Another few mths time they will announce plan to transfer main board again. Meanwhile, Brahmal collecting bit by bit after selling down from 90 to 60 ct
Not so fast. TA wise,sma20 is below sma50 and both r running in parallel and down slope for past 6 mths. To confirm uptrend, sma20 will need to cross sma50 and both hv to be sloping up. Otherwise it will be a bear trap.
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....
MoneyKing88
107 posts
Posted by MoneyKing88 > 2015-05-25 12:55 | Report Abuse
The power of Jibby...