Monthly Mfi shows new high means is ready to pull up the price , but if price this month does not close above previous high means operator want to collect more on downside rather than pull up.
No matter who won the bid, whole construction sector will move 1 before announcement made, just like currently construction index break new high, I believe something big is blowing.
Just keep holding it. Even the share price dropped, the dividend is there so supplement. Moreover, this counter is almost at bottom price for its value.
Always pushed down around 4.00pm. Some syndicate is trying to pressure the price down. It has not climaxed for a long time especially towards the close of each days pricing.
Nestle got many many news? I dunno think so... but nestle have many many believers... If only Gkent have more believers hold long long... example 10000 people buy 100 lot Gkent share equal to 1m lot.... Gkent have 5.6m lot shares...which is 20% of its total shares...when demand is more than supply...share price up...
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....
SHQuah
5,363 posts
Posted by SHQuah > 2019-07-18 06:21 | Report Abuse
Up slowly better than up too fast. Hope can break 1.50 year end. Next year 2.00.