The chart works based on self-fulfilling prophecy! If there are enough people following the same chart, interprete and follow the same believe, then it would always fulfill its destiny! Hahaha!
Bought at 2.3...sold at 3.81....bought at 3.47...sold at 4.23 today...muahahahahah.....pray it drop big time again...!! Then buy again. Muahahahahah...
Now waiting for the announcement of the EGM date for the approval of the bonus issues and the ex-date. It should usually fly after the announcement of the ex-date. It will followed by the announcement of the first quarter results after the ex-date. Should be a record good results. Buy on dips if 19, 20, 21 April 2017 continue to fall due to profit taking by those who bought from RM3.33 to RM4.00.
Ryls: 8wpwtmt8, I am not quite sure if most counters price continue to surge after bonus issues. I think I can give a few examples which are the other way round. ===================================================================== Dear Ryls, I am a big investor. I have invested in HAIO and GKENT (which are fundamentally sound counters) and their share prices shoot up after bonus issues. I am also a subscriber of Mr Ooi Teik Bee. JHM is my most recent choice due to its 8 consecutive growth quarters and it is farsighted. It is aiming to be promoted to Main Board like SALUTE and HSSEB. Give it some time and it will give you a reasonable return. Definitely not a cut loss counter like ANZO.
Kapster, nobody going to trust u la. U ask ppl to sell down to 3.20 then only can buy but u urself go and sapu at 3.47, haha.. unless u can show some evidence
I suppose many of those contra players jumped in on Mon would have got nervous and off-loaded during the down-swing yesterday! If there is no negative news elsewhere around the world tonite, we can look forward to a sustained bullish uptick tomorrow! Let's keep our fingers crossed and prosper together!
shareinvestment7....my own experience..I bought 4.10....it dropped to 3.80..I got scared,and disposed all my 100 lots then it surged again I then realise I was wrong and bought back at 4.20.......you still got chance to buy...because by the end of this year it'll touch RM7.00 -8.00
This year not sure will reach RM7.00 or not as the current PE is already 25.62. Next year probably when the aerospace segment start to contribute to JHM revenue.
If anyone has a sure win strategy, guess he won't be bothered coming here to comment as he would be too busy making $$$ using his sure-win "buy-low, sell high" strategy. I'm confident that most habitual speculators who tried to be smarter than the market end up losing their pants off in the long run. At best, they broke-even in their trading but lost on the trading fees. Just like gambling in the casino, over a long run, one could ride on the law of averages but lose out to the odds of the table!
Just look at how thin the volume is today! Guess I was right that any contra-players got in the Mon had already off-loaded with reasonable gains over the past 2 days! With the script now in stronger hands, looks like JHM is now on more solid ground for launch towards new high in the next few days, barring any negative news from elsewhere.
That's very bullish! JHM would have to turn in EPS of 0.10/qtr to justify for stock price of 8. Not likely to happen within this year. TP 6 or 3 Ex-bonus might be more realistic in the short to mid-term. But that's just my humble personal view!
Hi Ryls, The current PE=25 is based on aggregate of the past 4Q's EPS (cts) of 2.24, 3.68, 4.58 & 6.01 for Q1 to Q4 respectively. As JHM is a growing entity as recently reported, we can conservatively expect its 2017 EPS to be between 6-8/qtr. Taking an average of 7/qtr, at today's closing price @4.26, its PE is only 15! That's very cheap for such a growth stock. Taking a conservative valuation of PE=20, Qtrly EPS=7cts could easily sustain a stock price of 5.6 Qtrly EPS=8 would be 6.4 Qtrly EPS=9 would be 7.2 Based on the above fundamentals, it's for us investors to evaluate ourselves, how it's price should be based on the above 2 variables. So is 4.26 or even 5.00 cheap or expensive? Each of us to decide for ourselves!
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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....
shareinvestment7
702 posts
Posted by shareinvestment7 > 2017-04-18 16:05 | Report Abuse
Can u predict tomorrow based on today chart?? What will happen tomorrow?