The problem now need to watch out those play contra. I would rather stay at this price until the contra player expired then move again and stay again :-) BUT always welcome medium term investor.... that say.... if not move for the next couple of days then you can see a drop because of the contra player..... worst when that happen together with other Global news that we can't control. Let see...
But one thing, I want to see more improvement on management commitment to keep the company in Green and continue to increase in revenue. Also, when needed need to step up and support the stock price. Don't let 'buaya' manipulate the stock price. As we are all sincere investor that are invest our hard earn money in MFLOUR.
The stock price should move further before we step in to 2014!!!
if the contra player still there then the stock price will go down slightly like 1.39 or 1.38. If not then above 1.4. Please, that only my personal view.... :-) use that as reference.
Rule of thumb yfchong, if there are any upheavals in any country, price of food usually escalates because people are hoarding foodstuff. In demand & supply law, price hikes due to artificial shortages. Neighbouring countries will also feel some effect due to mass hoarding and profiteering by unscrupulous people. These distortion of price and quantity will encourage producers to produce more. When the disturbances died down, too much foodstuff will flood the market, again producing a negative effect due to oversupply.
You will have a roller coaster price gyration for those caught in the mix signals. That is why artificial rates and engineered D&S are frowned upon by economists. But market inefficiency are such for investors to take advantage of.
Janet... do you need the money in short term? If not then you can try warrant. 1. First you need to confidence about the mother share. 2. Second you need to know the premium pay for warrant. If you okay to take the risk then go in. High risk high return. 3. You may not throw in all the money. Do it phase by phase Meaning collect it slowly at different price.
At the end is your hard earned money. Think twice before you invest. Use this as reference and think & plan yourself.
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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....
Josh Eng Yik Wuai
191 posts
Posted by Josh Eng Yik Wuai > 2013-11-26 20:32 | Report Abuse
price will going up smoothly after this. haha.. btw, did u all know what is the tp?