Look at the acquisition by Swift , holding more than the present directors. Writing on the wall that there are new kids coming in on the Board. Too long to explain want to buy , get it now or you miss the boat.
If I can tell you how much it will drop I will be able to tell you where MH 370. The analysis given is based on market trend, the new parties that came in and the historical data of the company. I doubt it will breach higher than .35 tomorrow but then when it is on a bull run does fundamentals come to play? Nah! Good luck and happy trading. My final prediction is wait for the AGM on the 28th March , see when the new directors are coming in, then we can tell further.
At .30 can buy? My opinion is those who get the shares at .16 or even .245 may throw and take profit. As a speculator you did right but if you are an investor and we can hold on for at least the next 3 to 4 months , I say this counter should be .50 easily. My caveat is allow the new directors to come in . By comparison let's look at this ace counter . At 126 mill shares it is small and manageable and good to buy in. Look at swift and their direct acquisition holding almost 29 %. These new boys will not on National Service they should want to make money. So can buy at .30 ? Yes and long term .
Heard the current management not doing good job. Suffered loss for last few quarters with no clear direction how the company can move forward. That's why the new company wanna to take the lead. Still holding some share now. Should i sell now? Minah, which party u hope to win? mfaizal, that project announcement true or not?
Bro. You have answered your own question , this counter historically is a.10 counter shot up by 100% , if go back to the old directors what do you think will happen? They will play lengang lengang kangkung. My greatest fear is the new boys withdraw from the purchase and there maybe a massive sell down. To sell not to sell hard to read depending on your entry costs if you feel comfortable with the profit , take profit la.
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....
keyin
2,150 posts
Posted by keyin > 2014-03-05 18:28 | Report Abuse
Pls....jatuh la