By the time Dayang moved above RM2.00 but Naim no movement already showed something fishy... Naim needs to fully take up the right issue for Dayang. At technical side... i do not see any support line for Naim.. from 1.02, 1.00, 0.99, 0.96 and 0.94... looks at the major share holders for both Dayang n Naim ... u can notice no big institution or fund holding these two companies....
this fund could be shaking in the thought of overplay their hand to keep press down NAIM, bcause once the FA fighters charge ahead, the fund will be left out in the cold ! (may have to chase n pay a heavy price to buy back at much higher price !) 18/10/2019 4:28 PM
FA fighters got the the option to relax , to keep their bounty tht can only appreciate in value with solid FA goodies on the way n wait for this fund to panic buy back at much higher price !
a dominant fund in NAIM, playing the highly Risky Contrarian strategy , to keep pressing NAIM's price down, in face of strong FA flows, was spared an embarassing defeat, due to the coming weekend. Yes, they succeed to press down 3 sens at great cost of low bullets left.
Experienced FA fighters were contend to keep their bounty, for price appreciation , seen soon and plan for a more solid advance strategy next week..
Have a good weekend to all, esp FA fighers in NAIM !
Besides the technical chart not good , also heard coming result will be bad. Tha'd the reason share price keep going down.... good luck for those bot above RM1.00
@zzzzz You macam “TUHAN “ can predict the next few quarter results. If i were u, you dont need to play stock market since u can predict future. Predict lah how to be rich by yourself father than Cursing around
zzzzz, technical chart not good for the fund is true. They have v low stk left to push down / dictate the future direction of NAIM’s price , aftr overplay their hand yesterday, to push down to create a gravestone doji. Today NAIM price supposed to collapse below 90 sen, to low 84 , remembr ? Why did not use IDSS to push down hard ? Bcause they know, it could a trap n worry heavy weight FA fighters will push up to trap them ! Now, this fund is in real dilemma, could end up miss out on NAIM’s outperformance n price leap up, on strong rerating FA flows soon Hahahaha...
Datolim....y pissed ? If u r so confident on Naim then buy more. Everyone here free to give comments... obviously u hv no confident on Naim as well ..m i right ?
Naim own 26% of Dayang and 8.31% of Perdana. At current share price total value for Dayang and Perdana is abt 497million. Naim has 513mil issued shares, eq to 97 sen per share (vs 92.5sen friday closing price). Naim also own hotel, properties, land..etc etc... conclusion is naim is a very safe investment at current price and with high potential to go up..
agree with hng33,Stanley8,ken,DatoLim,Miz Raya Bloom,Ameera,Stockmasteryy & many FA traders ,
- NAIM is v undervalued, near-term tp 1.20, moving towards 1.50 - as strong FA newsflow &rerating catalysts r reviewed - selling is overdone
perhaps, these hati busuk sellers, did not want retail investors/traders to untung bersama, in the upwards price trajectory of NAIM, & tried to trigger a selldown on 15/10
Oct 15, 2019 10:43 AM | Report Abuse
a significant technical development in NAIM yesterday : (according to I3 tech. chart)
NAIM staged a MOVING AV CROSSOVER OF its 10SMA cut above the 50SMA...
this is a very positive indicator that will bring in more traders to go Long, as it is usually follow by aggressive price push ups going forward !
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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....
zzzzz
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Posted by zzzzz > 2019-10-18 11:03 | Report Abuse
Confirm downtrend.. RM0.94 trigger the selling pressure.. .