Bro : As I need fund to pay for other greedy buy, I was forced to sell 1000 shares MPI at 13.06 although it has not met my TP at 14. Nevertheless, I still have lot more. Hold on!!!
Still have many more to sell. Do not compare, I collected MPI from RM4295 to RM9590. The 1000 sold were collected last year at RM9590. Profit is just 27% including div received.
I no black heart lah,my fren hold 5,000 units for almost 20 years. he bought at 5.00 went up to over 50.00 he didn't sell and hold until now.i seen this stock contraction many times the latest in dec when it went down from 10.00 to 7.50.if u wanna hold it's up to u
Agree with Apollo. MPI crash from 50 to 2 after dotcom burst. In fact from 2011 to 2012 MpI was lowest 250. I went in from 450 to 270 and held till now
1.0 The members do not need to accuse another commentator of black heart if the latter view is contrary to the former!.Everyone if free to present their views,opinions and comments.Facts and information disclosed can then help the investors and speculators to time their Buy,Sell or just to Hold.Even the IB can differ in their analysis of the stock under their review.
2.0 Even the large shareholders of MPI-the Hong Leong clan,Tan Sri Quek Leng Chan and his relatives were disposing off the shares since June 2017.
3.0 The Future market on Nasdaq is up 7.0points.Hopefully the sell-down last Friday stabilised.Overall the global economy is in better shape than previous years.
4.0 The Technical Price Charts for the stock-MA,MACD,RSI,stochastic support further uptrend for the stock barring any sudden adverse global market development like what happened on Friday,last week. Just to share.Be a savvy and smart investor.Good luck.
I started accumulating MPI from 4 to 9, since 2014. It is not so much on holding period, but more on PE and personal appetite. Lately, I need money, thus I sold MPI and GTRONIC. I will sell more MPI if it goes up further
Sold MPI 1000 units again at 13.22 on 16Jun17. Will sell again if price stays on uptrend. At the same time, sell order on GTronic at 6.10 somehow was not met. Will try again next week. I am share "gambler", the money is definitely moved to other bet.
Ha my TP rm14 is coming. Although I have sold some MPI at 13.2, l still have another batch waiting for rm14 and higher. My earlier switching from MPI @13.22 to "O" counter does not bode well so far. Have to wait.
TP RM14 has been exceeded. Sold 1000 shares at RM14 to celebrate the win. Will sell again at higher price. Still keep 50% of the initiate holding. Good luck.
lching : great that you took profit. I have taken profit on half of my holding on MPI. I still keep another half to try luck. Besides EverG, I bought Hevea at 1.63 last week. Good luck to you.
profit growth less than 5% but stock price more than double.......cornering stock is it? should down to below RM 10.00.not a fair value at all.14.10 for this no growth stock
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....
bsngpg
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Posted by bsngpg > 2017-05-27 14:56 | Report Abuse
Bro : As I need fund to pay for other greedy buy, I was forced to sell 1000 shares MPI at 13.06 although it has not met my TP at 14. Nevertheless, I still have lot more. Hold on!!!