The so called syndicates have flush whatever they collected recently and now they are laughing all the way to the bank. % of genuine buyers stood at 44%. They will start all over again by fishing from those who still hold. If tomorrow no big volume from buyers, it will head south and if they want to push as why rumors said at RM1, they will purchased straight from sellers. Thats the reason why volume is very important. I am not an analysis but its been my passion to study listed and stock price movement.
ok got it. it seems that the 2 wans (director) is the ali and nicorp is the baba. good news is that nicorp secured another hidden treasure (shell malaysia trading sdn bhd) 40% stakes but the bad news is that whether they could turn around smtsb business. but who cares at this point of time. good news for tomorrow is that people start chasing for the stocks but bad news is that it is no longer rumors meaning if you apply the rule of buy on rumors and sell on news, market will react the reversal. However I am optimist that it will touch 0.75 and test the 0.8 prior to the revelation. remember to chow when you make enough and dont be so greedy.
perfect60. my guessing about you is that you are still raw about the market. I have seen hwa thai touched rm200 perunit in 1993, union paper debacle, maybank at rm3 in 1998 and most old timer wiped out. they once said "keep the scripts (those days no cds) in the vault but they forgot to sell. Not long ago market talk about tanamas and many "hangus" (burned till ashes. personal advise is to run and dont listen to rumor mongers. do your own homework. if you lose it is part and parcel of the game and you can call it "perfect learning curve". you will hardly see me post in this blog after this unless if i see some interesting issue/s. also dont go every counter. just pick 3 to 5 counters to enable you to know inside out. Chow babe.
many asked at what point is the best to enter. at .62 it is 16% down from .74 and at .60 it is 18% down from .74. My observation the best to start leveraging is in between .60 and .62. I hope it falls to .58 because this is the best price to start collecting. Do I hold any? my answer is NO. Invest at your own risk. I feel sorry for those who had bought higher. Though it's painful, just move on with it.
dear brothers and sisters, now we are at the crossroad. this nicorp really stop at 0.615 as my expectation. the biggest question shall be. shall i enter tomorrow??? MY SINCERE ANSWER TO YOU. - Do you think the big guns have enough to push back to least say 0.70? I doubt. Transaction perday must surpass 100000000 units for them to collect. at least 6 consecutive days. the last highest touch 0.7 is either 13 or 14/3. taking into consideration that todays volume stood at 62088600 units only. - tomorrow is friday and normally market is quiet. so will the price go north?? unless i am wrong this time. - i stated above the price that i am looking is 0.58. now maybe i have to tarik balik that statement. dont go in tomorrow no matter the price touch 0.58. I see this counter like lau sai/berak cair now but again do not trust me ok. HOWEVER if there is BIG volume in seller column, you may go for day trade. - no contra shoul take position tomorrow. - take position on monday and the best luck to all of you if you can manage to get the cheapest. - while you are focussing on nicorp, everybody forgot about HARVEST. THE CHEAPEST PRICE EVER SEEN SINCE DEC 2011. SO FOR THOSE WHO HAVE ADDITIONAL FUND now is the time to diversify into harvest like harvesting your crops back side. HAPPY WEEKEND AND BARGAIN HUNTING AND AGAIN INVEST AT YOUR ON RISK.
ya bro u got ur calculation right! a meaningful correction will be around 15% to 20% followed by a consolidation before resuming uptrend but doubtful in that aspect.. THOSE WHO HV MADE PROFIT ..MOVE ON TO OTHER COUNTERS ..IE ZELAN.. SUPER LAGGARDS AIRB(ALIRAN IHSAN RESOURCES BHD) safe n highly potential.. INVEST WISELY.
12dec1960. be a different investor. dont listen to rumor mongers. you can ask the market to follow as your wish. a good lesson and thank you for reading this sincere post of mine
i would like to congratulate first to those who have already entered and disposed Harvest today. as for nicorp, I am using the price of 0.7, 0.72 and 0.74 respectively as yardstick with the last current closing price of 0.585. % down are 16%, 19% and 21%. again not many lots done at 0.580 as i really really wish. The followings are volume recorded from 12 to 16/3. 12/3 - 229,129,200 units (highest price 0.74)/0.725 (closing) 13/3 - 176,498,200 " 0.74/0.685 14/3 - 117,808,000 " 0.70/0.66 15/3 - 62,088,600 " 0.665/0.615 16/3 - 86,086,400 " 0.635/0.585 Those contra players who entered on 12 and 13/3 have been wiped out (sorry a bit harsh)leaving the balance collected paid up as their confident in nicorp high enough to justify the holding and believing that the price will bounce and set a new all time record or at least to cover back the already paper loss. The dropping rate up to 21% really justified a healthy correction. some will ask will it go down further!!!! Answer is YES as my worriness is 14/3 volume awaiting and how much more. The most is in between 0.01 to 0.02 and you could consider yourself to be the luckiest one. after that up up and the way in between 0.63 to 0.65. normal for nicorp. Normally monday is the hungriest(bussiest)day for all and pray hard that Malaysia without negative issue/s. MY FRIEND,HOW MANY MORE LOW THAT YOU WANT. DO ALL OF YOU KNOW THAT THOSE WHO PURCHASED AT 0.70 ABOVE HAD A BAD NIGHTMARE DISTURBING THE NEXT PARTNER SLEEPING TIME WHERE THE NEXT MORNING HIS/HER PARTNER ASK "SINCE WHEN YOU CALLED ME NICORP IN YOUR DREAM". Now take a good rest this weekend and wake up early monday morning to take the sliding opportunity. Good luck and as normal invest at your own risk.
this counter is not for investment but you can earn good profit if you're gd "poker" player ........................ just gone back in for my 9th round , bless my sin , ha ha
invested in Nicorp already mr. chang , only can buy keywest after selling Nicorp, Thanks for the advice. Appreciate it. an c keywest is worth buying, u r rite.
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....
rozsham
122 posts
Posted by rozsham > 2012-03-13 17:39 | Report Abuse
The so called syndicates have flush whatever they collected recently and now they are laughing all the way to the bank. % of genuine buyers stood at 44%.
They will start all over again by fishing from those who still hold. If tomorrow no big volume from buyers, it will head south and if they want to push as why rumors said at RM1, they will purchased straight from sellers. Thats the reason why volume is very important. I am not an analysis but its been my passion to study listed and stock price movement.