seksiamin. If you say so, just wait la. Don't kecoh-kecoh. Now is accumulating period. True investors only. No contra currently in the market. No one pushing the price lower. Enjoy the calmness before another wave came in ;)
its good to share useful knowledge, but if u wanna share how rich u r in this forum, I don't think many people will be too jealous, they might just think of it as another spoilt kid hanging onto papa's money. Anyway, good for u, and good luck in trading. We r all trying to build our own empire too.
during this stage, it is likely re-accumulation phase. Just be patience ok? It's matter of time, we will receive our warrants and "SM" will push the price up. No supply (selling) seen in the market that can lower the price. The price is ready to go, just need more demands swarming in Menang.
Although not always obvious, cycles exist in all markets. For the smart money, the accumulation phase is the time to buy because values have stopped falling and everyone else is still bearish. These types of investors are also called contrarians since they are going against the common market sentiment at the time. These same folks sell as markets enter the final stage of mark-up, which is known as the parabolic or buying climax. This is when values are climbing fastest and sentiment is most bullish, which means the market is getting ready to reverse.
Smart investors who recognize the different parts of a market cycle are more able to take advantage of them to profit. They are also less likely to get fooled into buying at the worst possible time. (How can you get back into the market to avoid missing market recovery gains? Find out in Riding The Bear Into A Bull Market.)
short term consolidation. while waiting for the next wave. Should be upon listing of warrant. If there's no global meltdown, should reach 1.3-1.4 in short term.
July 15 is a Bursa Holidays. So I think listing is either 16 or 17 July for warrants. Analytical Computations value a five year warrant at around RM 0.40. So mother share is still a value buy at RM 1.18. Long term trend line baring no global meltdown is RM 2.00 by the end of 2014
Kindly be advised that MENANG’s additional 133,553,500 Warrants issued pursuant to the Bonus Issue of Warrants will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing and quotation of the Warrants on the Main Market will be granted with effect from 9.00 a.m., Wednesday, 16 July 2014.
The Stock Short Name, Stock Number and ISIN Code of the Warrants are “MENANG-WB”, “1694WB” and “MYL1694WBT79” respectively.
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....
seksiamin
134 posts
Posted by seksiamin > 2014-07-08 20:14 |
Post removed.Why?