Ifollow, gua lepas baca fengsui baru pilih nama ni. Pasti 'ong' punya haha... mungkin dia tersilap tekan atau maksud lain kut.... mungkin dia tanya you nak 'all in' kah? Peace......
ayeefk,140K TAFI(rm42k) no big deal. can hold until nov'14 hope can be another INGENCO(whereby get-up hope already;suddenly shoot-up 0.11 and let me come out. in the end still make few hundred ringgit instead losses rm30k)hope got plenty of good luck this 2014; very good start already mah.anyway good luck and take care. happy trading.
Mike, that is why I said TAFI has no market appeal. If it is played up, the shark as well as other trapped 'long-termed' investors will be quick to get out. Of course, shark may push it higher if punters are keen to participate.
Mike, look at Ingenco now. After the play by the syndicate to push it up to 11 sen(which gave you a chance to get out), it is hovering around 9 sen levels.
When it is pushed up higher, a lot of people(including the shark) are getting out too.
This trend may only be changed if there is good news to warrant any play at higher prices...
ayeefk.very limited share in open market. will surely move higher before CNY with volume.everyone who follow are now sitting on paper gain;waiting for right time to sell.
So the push for pmcorb could be the q results next month or capital repayment annoumcement? Calvin has stopped posting here for while now which made me wonder whehter something good is coming haha.... sorry trying to think positively hehe.... very positive in fact haha....
ayeefk, if I were to choose between pmcorp and ingenco for CNY money; I surely will put my money in INGENCO. looks like waiting to break through 0.10 and march onwards to 0.125.ingenco chart/volume so much better than pmcorp.
I know Ingenco's past history. Ever since CBL rejected the restricted sale offer, with possibility of a takeover, the price has been on a downtrend(Now, hovering around 9 sen levels)
I do not have insider news. And I do not know if the shark will play up this counter. But I do know that a lot of investors have been trapped in Ingenco, much more than PM Corp(I think).
At least, PM Corp has better fundamental than Ingenco. I would rather invest in PM Corp than Ingenco, given a choice.
Sorry mike I agreed with what ayeefk said about pmc and ingenco although you have been right most of the time so far. No hard feelings. Please keep the recommendations coming. Safe flight home..
no much to shout about coz closing up by 0.5 ct to make the chart looks better ....many are selling at 25cts , may be cutting loss or after making some margin when it has down to 21 cts...just suspect.....
Looking at the trading done today, it seems like the sharks are playing the catch-up game for the laggards.
Counters like RCE Capital and Silk Holdings started to move today, on top of other laggards which have already moved, eg Asian Pac, Gromutual Berhad.
So, Calvin has foresight in recommending some of the winners earlier. PM Corp may be next to move too. Nobody knows except the sharks. Like what I said earlier, every dog has its day.
No obvious trend yet, it is still trading between 24 to 26 sen. See whether there is any breakout on either side. When shark strikes, it could be an explosive move on either side.
Hopefully, the shark is clearing off the contra trades. Then, we can see better days ahead.
One of the stocks that you recommended earlier in this forum, Gromutual Berhad, has gone up. Today, running into a bit of weakness, with resistance at around 52.5 to 55 sen zone.
I have looked at RCE Capital. It is trading within a tight range, on low volume. Will KIV and buy only when there is a breakout in price with good volume.
My take will be selling off to take profit.. I remember I read somewhere here in this forum, when there is too much of uncertainty, you can always sell to take profit, when it turn green, you can always buy higher and sell more higher, or if it turn red, at least you have already got the profit in your pocket.
Actually support is still 25 cts ...25.5 was the last minute lukewarm support to make the chart look better ....how long can it lasts , all depend on the sharks move from now...
Lu tunggu dan lihat loooi. No more commment. By friday gua mimpi 30 sudah pecah. Kawan kawan mahu jual below 30. Gua mahu kasi nasihat kasi simpan loooi
lee9fold. wednesday opening for bursa will be negative likely. hope this stock will fly as most here hope but I doubt.swingtrader,friday hari cuti tunggu khamis lah kita.good luck to you.
Just like what I said, it is anybody's guess, until a clearer pattern is established. This is just like betting on banker/player in a casino. Nobody will be able to tell the outcome precisely until the last card is dealt.
The best way to tell is to test the response from the shark, which could provide a more accurate measure. I did not test the market. I do not rule out any possibility. But I do not prejudge at this moment, until the 24 -26 sen trading range is broken.
Usually, the shark will be tempted to push the stock higher only if:
1. it still has plenty of stocks in hand; 2. the overall trading environment is still positive; 3. there is still demand for the stock; 4. very much undervalued/good news to be announced.
So, please assess if these factors are still there, before you make your buy/sell decisions.
For those with bigger holdings, you may want to take this opportunity to sell your holdings partially(reduce your exposure), so that you can buy back if it goes down in the end.
HI ayeefk, I agree with mike..the cushioning at the last of the trading to make it .255 doesn't comfort me, is not a good sign.. anyway, already took profit at .255
I also agree with you if there is big volume come in and break .26 that will be a good sign for pmcorp.. will pick up this counter again at .265 if the breakout is good
You may refer to Mr Ooi's posting for your own investment decision.
Thanks.
---------------------------------------------------------------------- Posted by Ooi Teik Bee > Jan 8, 2014 10:56 PM | Report Abuse
I want to be fair to Calvintaneng. If the stock price can cross 0.27 and close at this price or above it. The trend had changed from down trending to up trending. Final decision is yours. Thank you.
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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....
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Posted by humbled > 2014-01-12 15:23 | Report Abuse
Ifollow, gua lepas baca fengsui baru pilih nama ni. Pasti 'ong' punya haha... mungkin dia tersilap tekan atau maksud lain kut.... mungkin dia tanya you nak 'all in' kah? Peace......