Below 70cents anything can still happen.....it's like talking about making 10k from Toto vs making 10k monthly salary. Which you prefer? If you say latter then my earlier comment is the same thing. Toto not guaranteed right?
Focus hard pls.....talk son when mother is above 70 convincingly. The volume is has volume ratio is closing in . Focus on 70cents. If they are willing to commit the 8 million volume on table is not a hindrance.
I sure hope this share will surprise everyone tomorrow as it will break the 70 sen level. if not, there is no use saying this share is undervalue. Even Guocoland share can jump up so much but nobody says this share is undervalue. it is all up the company management whether to push or not.
Today the managementmeet 10 fund managers, they are Norwegian, Lembaga Tabung Haji, Rhb-osk, Public ....etc, RM 1.0 billion of capitalisation by Q2 2015, to develope Clubhouse's Land , Lembah bringin with China developer, possible M&A with Mayland.........
it may not able to break 0.7 by this week,but it definitely will break in very near future,because they management already planned a lot of projects for next 2 years and they expect the revenue will keep growing for the next 2 years,so what are you worry for?If you worry then just run and don buy in,agree? Cheers :)
Focus ok.....kekekekeke focus 70cents and let next week be stable above 70cents and see if sifu Saturn's recommendation for LA after mother stable above.
Today second day push 69.5.....look at the resistance now accumulated at 69.5. If they are ready and intent is there, even 3 to 4 Million at 69.5 won't stop it. BUT it will not stay above 70 cents. Again you cannot fight market forces everyday. So intent + organic growth must be there. How to do organic growth? For each push towards 70cents, let it close higher than the day before!!.....very important.
Note today if close 67.5 may signal weakness. However a resounding increase in volume at second half couple with a 68 and above closing today will signal strength.
PE as low as 3.76, strong unbilled sale more than rm500 millions, debt level low and strong cash flow almost 100 over million. big boss from hong kong are accumulate his share as much as possible. be a smart investor, u know what i am saying.
What we are looking for now is the seller's column. While we stare at buyer seller deadlock, the sellers are getting edgy that the price won't hold. We are looking for the seller to drop a notch in their selling price example 68.5 to 68. And we are looking at the buyer to see how they take the position.
FYI the real buyers are just watching!!! They won't queue like you and me. They will lock in at the price once they know it cannot move anymore. Example Buyers and Seller won't budge. Neither will come down or go up!! On the other hand, these buyers will also buy at the point when the time is running out and the queue does not have enough to supply them....
If it does not happen today with no extended volume towards the end, the intent is weak!! It must finish at least 68 today with good volume to justify that....
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....
SaturnZ
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Posted by SaturnZ > 2014-08-13 12:31 | Report Abuse
Below 70cents anything can still happen.....it's like talking about making 10k from Toto vs making 10k monthly salary. Which you prefer?
If you say latter then my earlier comment is the same thing. Toto not guaranteed right?