@bruce5113 Yeah..you must be fast ...slow a bit...price can go up fast....don't regret lor....uptrend to resume....sit tight...hold tight...don't simply sell...TP 30 sen... another Wintoni...coming...goat year really good year.
@Bruce5113 Yeah...you must be fast...price drop cheap...quickly grab...it will go up again...resume uptrend...so many times you see in Wintoni....it go down then up so fast...now you see in Priva...hold tight..
@bruce5113 It won't drop ...this is based on fundamentals...the profit is growing stronger than expected...price is cheap..just like Wintoni moving from 7 sen to 27 sen....now priva...it is moving up..to 30 sen...so just sit tight..why so worry ..? Look at that volume...it cannot go wrong. This is not pump and dump like other loss making company...
@bruce5113 TP 30 sen but you can see it was moving up so fast...tomorrow move a few sen, then later move a few sen...30 sen is not impossible. Look at that volume...top form. Anyway if you don't have guts...don't play share..just watch other people make money...LOL
Actually the revised RM3.67M (or 0.66 cent) of profit is still very good, still ~2X improvement over Q4'2013 and ~3.5X improvement over Q3'2014 results, beating on both top and bottom line. If it can do sustain this kind of results in 2015, the earning would be ~2.5 cents and if we assume 10X PE of 2015, that would still work out to be RM0.25 / share. Look around and you will find a lot of ACE technology stocks with good fundamental/growth are trading at > 20X PE.
@Bruce5113 Tomorrow should rebound...if not then just cut loss. Put a stop loss at 0.20 sen. Because today it gapped up and the support is seen at 20.5 sen. If it break 22.5 sen it can go to 25 sen. Relax bro. If you got money can hold. That amended report prompted profit taking as investors are not sure the impact...so they sell first to be on the safe side. The fundamental is still strong and worth to hold. Investors who sold will rush in to buy back as the price dropped to the lowest for today and very attractive to pick up and average the higher price bought today.
@zzzpk If there is another heavy buying interest tomorrow, the price will rebound as it was oversold today. Now 21 sen is at the bottom from the peak of 24.5 sen. Many will start to make a move to buy. This is not a loss making company...so don't keep thinking it will drop like those counters as bargain hunters will be coming back to buy at the cheap price.
Wait and see the show tomorrow. I don't think it will drop to 0.19 unless this is a conman company. If the fundamental is strong....there will be strong support coming back to buy at the 21 sen level.
Richkid, i also agree with your opinion, if the price can fall below 0.190, then this stock is conman...do u think how much percentage possibility will drop below 0.190?
Technical rebound is expected based on the long volume bar today. If buying continues tomorrow a high chance it will break 24 sen. Just watch the show.
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....
richkid
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Posted by richkid > 2015-03-03 15:45 | Report Abuse
@bruce5113 Yeah..you must be fast ...slow a bit...price can go up fast....don't regret lor....uptrend to resume....sit tight...hold tight...don't simply sell...TP 30 sen... another Wintoni...coming...goat year really good year.