Analyst simply say one word All the retailer throw to big sharks 2 days later perhaps analyst from IB will change their point of view Into 'add' So which is which Kikikikikikkikiikiki
Weather forecasting has proven to be reliable and consistent,however,just like anything else in life, it can go wrong.Many people got it right with this stock,including myself.
I3investor readers are educated and mature, or at least a professional. We should just ignored those who are not, because they will finally get tired and go in peace.
For me, GOB is a property company that is not so exposed to property industry risk
It's da:men project has locked in sale of 95%, and waiting to lock in huge profit in 2015. Even if the property industry collapse, they will not be affected much
That is the logic.
I trimmed other stocks like gromutual, symlife, etc, which are good, but don't have a special theme like GOB
Real estate portal PropertyGuru International (Malaysia) Sdn Bhd says the outlook for the property market does not look too bright from the buyers' perspective. This is the finding of its survey conducted at the end of last year involving more than 1,000 respondents. PropertyGuru country manager Gerard Kho said "buying interest dropped and interest in owning condominiums/apartments declined by 9%, the desire to own terraced houses plummeted 23% and the demand for other landed/commercial properties slipped 16%."
Posted by Icon8888 > May 7, 2014 09:20 AM | Report Abuse
Add more at 99 sen
Enough already. No more further buying
----------------------------------------------------------------------------- 1.03 peak done this 10am is the T by GOB Syndicate (SHARKS!!!) for a T+4 at 0.94 on May14, all ikanbilis have to bear with this SHARKS-SQUEEZING next 5 days for such a "wonderful good fundamental stock" , ....
The smart ikanbilis should stack up buying order there and then....
Just wanna say thank you for your postings and blogs.
I came into the Msian stock market in Dec 12, and made about 50% from my investments (centred around Iskandar stocks) in about 6 months, but mostly exited around July-Aug 13. Thereafter I did not pay much attention to the market as I was concentrating on the Singapore one.
I am relooking at Bursa stocks, albeit a bit late. I reckon I have missed out on most of the action in the property front (property counters are easier to analyse, and there is quite a bit of undervaluation in such stocks, most of the time).
I am following a few bloggers/forumers on this site, and I must say you guys are doing a great job here. The 3investor site in Singapore pales in comparison.
I saw some of the charts of the speculative counters on Bursa and I had to wonder if what happened on SGX with the ABL (Asiasons, Blumont and Lion Gold) saga is not also happening here. The 3 counters had M'sian links in terms of shareholdings, and they have all collapsed by as much as 90%. Is this happening on Bursa too?
Nevertheless, over on SGX, the collapse led to a separation of the boys from the men, ie, many good stocks were not affected and have actually recovered from a slight pullback or even reached new highs. I hope the same will happen on Bursa. But a lot of retail money was lost and trapped in the "penny" stocks, and this had affected liquidity somewhat.
Icon, may I know at this stage is it too late to invest in property stocks or construction-related ones on Bursa? I saw that many of the stocks had spiked up and then pulled back. I am not sure if the game is over for now.
Having said that, I have picked up a bit of GOB and E&O for a start, as I like the Penang theme. I have only put in about 20% of the investible sum I may finally park in Bursa counters, so I am looking for pointers as I warm up again to M'sian stocks. I probably have M$1-2m more to shop around.
Thanks Icon, Bonescythe, OTB and others for your sharing. Your generosity is greatly appreciated.
Iska regarding your question whether it is too late to enter property stocks, I think the safest bet is still GOB as it has hardly gone up, very small cap and hence easier to grow, not so susceptible to property market downturn due to lock in sale of 95% and all it needs is executing the construction. In other words, superb earnings visibility
Thanks Icon. I am familiar with all 3 then. Thought there were more.
I notice there are rather big sell orders in the queue for GOB everyday, even prior to market opening. These seem fake for a counter with not so many scrip. These fake queues are usually positive for a stock.
Traded volume is also lower in the current consolidation, another positive.
Global Oriental (GOB MK) --------------------DATED 8/05/14,,UOB KAY HIAN Technical BUY with +20.8% potential return Last price : RM1.01 Target Price : RM1.11, RM1.22 Support : RM0.940 Stop-loss: RM0.935 BUY with a target price of RM1.22 with stop loss placed below RM0.935. GOB’s share price saw a steep correction from the recent high of RM1.22 to a low of RM0.935 before rebounding last Wednesday. Given the white candle has successfully closed above the 50.0% Fibonacci retracement level of RM0.970 after rebounding within the golden ratio of 61.8%, we opine that the recent correction phase has ended as GOB has also closed above the 21-day SMA line. The uptick in the RSI line which resulted in a bullish cross above the 50pt threshold points signals the potential emergence of fresh buying interest, thus we expect the rebound to be sustainable as GOB is likely to retest the recent high of RM1.22 over the medium term.
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....
OptimusIcon8888Gay
5 posts
Posted by OptimusIcon8888Gay > 2014-05-05 13:33 |
Post removed.Why?