yup, the time i bought just 0.67 and keep for some times ,sold at 0.98 recently.i sold cox it stop paying dividend..i will buy back if price drop more rather than i keep for long without dividend.now volume and price rally, too high for me,no guts ..i move to another counter and be back after volume and price back to normal..means not GORENG status :(
Intraday high of RM 1.02 cleared the long time barrier set by the market. Just that it closes slightly below at RM 0.995, which I think is reasonable for today's gain.
Hard to advise you on question like this, as we know it, stock investment and trading are all about probability and likelihood of the company making profit. On this front, I'd say NTPM is well covered. On the probability aspect, it just broke the major resistance through intraday penetration today. So, there's no guarantee on the movement going forward but all I can say is that your TP seems fine. Hope it helps.
They launch their adult diapers named diapex as it's selling at caring pharmacy. Having offer now and the quality is good. 12.60/10pcs notwithstanding the current voucher offer or rm5 for each rm30 sales purchased. Will definitely contribute to their earnings...
Under the present volatile investment environment..these stock is a darling..will keep on moving forward higher and higher despite the activities of speculators and day traders...their products will always in demand in both good and bad times...unless of course for some reason or another there's a steady drop in population or new borns...so very save..been holding it the past 6 months...expecting it to touch RM 1.50 by year end as its fundamentals are very encouraging...what not with its Vietnam operation coming on full throttle..
Bullish signals arising further as yesterday's upwards close of RM 1.01 confirmed the earlier signals dragonfly doji and inverted hammer that I have mentioned a few days ago (See my earlier remarks)
Yup. Let's recap on the price action and what happened. First the mini down cycle. Then, it was broken with bulls charging in, continuing with Bullish Kicking Pattern to break the bears and kick the price up. This action, on top of the high for yesterday's trading easily broke the RM 1.02 near term resistance.
The movie starts rolling next week. Let's see how it goes.
I've mentioned this earlier already, but let's also recap what I've said earlier.
Closely similar industry (packaging). Muda Paper is earning about the same amount per share as NTPM while at the same time is selling at more than RM 2.
NTPM as we know is growing(Vietnam plant).
And being in a closely related industry, don't you think NTPM is severely being undervalued by the market? Or at least similar in price per share?
As I have said earlier in the forum...this counter is just taking off..with its Vietnam operation gaining traction as good as it's fundamentals..with the convergence of all other positive factors.. it will keep on making more and more profit in future..won't be surprised if the company decides to declare bonus...could touch RM 1.50 within the next 6 months..
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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....
Vin Chuah
843 posts
Posted by Vin Chuah > 2016-03-03 11:07 | Report Abuse
chance still have anytime,but i don have the courage to chase ..LOL..too high price now and big volume too,hard to move out if drop