not sure there are any news in merger or acquisition, but foreseeable the increase of cpo price and new refinery should boost the profit...see how coming quarter result.
you people are pathetic. Share price drop a bit already say "die"? This is the stock market dude! It goes up and down, why let it affect you everyday? Warren Buffett says if you are influenced by the ups and downs of the market everyday, you will be broke very soon! Hold long term in a good stock!
Boat 0.66 thought is bottom d, n now it fall some more to 0.65, ai yaa....will hold n c as it drop so many days,yesterday up 1 day, today down back, think still hav chance it rise back...
It's not inferiority complex. There's a chance you're a totally inexperienced short term trader who is trying to play the small waves by getting in and out. THere'e another possibility that you are a short term trader who is trying to manipulate investors' sentiments in this market by trying to create panic in them.
Ever since Kretam split its shares, suddenly a lot of short term traders come into this discussion thread to post their short term sentiments. These people are trying to make short term gains. And they post a lot in order to create panic by saying things like "sure die", "will go down some more", "fried ketam" etc. F these short term traders trying to play with investors psychology. Experienced investors will probably not be influenced by them, but there are lots of beginner investors here too who may be swayed by sentiments.
These palm oil shares has been going down a bit since last week. IJMPLNT also softened to 3.28 from a high of 3.50. The whole market is going thru a correction phase these 2 weeks, it's not surprising Kretam softened a bit as well.
don't think kretam is a bad counter, but looks like there's a force pushing it downward. agree with dboulvard, perhaps he can share more of his inputs to us.
1. “For every RM100 increase in CPO price, this is expected to contribute about RM10mil to RM12mil to Kretam’s net profit." 2. "Factors ranging from the weather in the coming year to steady demand from China will certainly augurs well for CPO price,”
Wong also points out that Kretam’s plantation division has always been, and will remain, the biggest revenue contributor to the Group...
i bought another round today, also my friend a little... they said the seller are from various broker... so, dont worry, i think it just short term effect only. even after ex, it is around 0.74, last few day on monday 30 mill, market average is around 0.69... after this little drop, i think, at least they will stabilize at least 0.68.... my 2 cent view only....
Em....I'm collecting this few day, average down to 0.638, but still far to kejar near to market price, if drop some more, then may need to sell another on hand stock, to pump in to this ctr...
sharp drop in price due to major shareholder's play(down bf the CNY). chart readings show it want to play both sides---- english new year and coming chinese new year ..... so if want to "gamble" : price play up 5 Tdays bf and after CNY....0.90??? dont be "caught and conned" by the owner.....
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....
malaysiaboleh
279 posts
Posted by malaysiaboleh > 2014-01-21 14:41 | Report Abuse
Take over news spread ..