Summer holidays, WCup fever and now 4 days delay to finalised Agreement. All this add up to nose pointing down. Look for low to re-enter, uptrend still intact.
Nope, bad news..they wanna extend four day so that they can announce the deal is off on friday 5pm.. no knee jerk sell down on trading day this week. By the way, they are slowly let off their holding this week...then buy back to support price...wakakakaka
LTInvestor Bro Lee.. i wonder where is the "noob" boy called optimusx888..? 05/06/2014 11:16
sklyte Ignored optimus888 he sucks when he recommend to sell u buy! When buy u sell! A conman but so accurate!as i said silk will hit higher and higher haha 05/06/2014 12:37
thecall With Petronas commitment & jibby desperate for $$$ to push up the rakyat income anything is possible. I still believe it will break 1.20 soon. Anyway my tp is 1.38 for the next 2 months. Let's see what happen as I also desperate for Duit Raya coz no one is giving me chocolate boxes ler. 05/06/2014 12:45
lee9fold hi bro LTinvestor...yea...i edi forgot the big talk fella...now he hiding dare not show face...he dare dare say will drop to 82...but in fact silk is in uptrend mode :D 05/06/2014 12:59
optimus...ppl edi profited at 1.0x...now waiting pull back to collect again...that time when reach around 90c u shout like mad it will drop to 60c ..so u noob? :D
optimus...why are u jumping like a clown. Any stock that has moved up quite a fair bit, in this case almost 50% from 64s when I first bought it will definitely retract as punters will lock in the profits.
I am happy if it's retract for me to accumulate more, otherwise I am happy if it move up as I still have stocks in hand. Either way, I win!!!
Only contra players or those without holding power will jump like monkeys each time a counter starts to retract or when market goes into negative mode.
I thought I was smart. At noon picked-up some ystdry. By evening saw dumping and I decided to cut loss by 0.05 cents. Last evening's news made me so confident I had made good decision and can buy back lower. Now, the price has gone up.
Morale: If I listened to Optimus@#$%444 I would die even mush faster. He is misplaced, displaced & no-place!!!
If you have confident with the management and business model, it's still at reasonable price. Just TP it @1.20 that means 20% returns even if it takes between 2-3 months unless you are a speculator, then not worth to buy this counter. It will hover around this price for awhile unless there is some good news being announce in the near future.
Must be typo error. Instead 99 he typed 90 coz can wait to see others lose money. If u don't have confident with this counter then don't need to waste your time & broadband here. Look for better quality counters or just lepak at Mamak to watch WC. Unless of course pokai already coz lost in betting. Good night & sweet dream. God bless
It's a healthy correction b4 the next move. Of course the uncertainty over the delayed in signing the S&P did play a part as well. Anyway just be patient as everything should clear up by Friday. Unless there is some bad news otherwise there should not be anymore delay in finalizing the S'&P. Roadshow is expected to start there after to turn this company into purely O&G counter. Sit tight & enjoy the show for the coming weeks. Of course WC will takeaway some of the spot lights as well.
Since the uncertainty of signing the S&P is over now & coupled with the announcement of better quarterly profits I believe the counter has stabilized. Any drop in price is good opportunity to accumulate. However this is strictly NO contra play counter.
Buy only if u have holder power with great within next 1-2 months for duit Raya. Happy weekend & keep well.
Hi way deal done and company making better quarterly profit. Now is waiting for further good news from refocusing of business to O&G sector. Something may be brewing. Good money ahead.
I am Malaysian first. Race second. Although I am not a Malay however I still celebrate Raya & Deepavali as well. The counter is just warming up. Let's wait to end July to see what happen then
Good sign with the counter rebounded quite strongly. If the momentum can continue we will have some extra cash for Raya shopping first b4 collect our duit Raya.
SOS finance U can check the weekend Edge paper. It came out a few days after silk announced it had disposed off the highway. Or u can scroll up to check some posting in the month of may. Hope that's help.
To thecall, thanks, I have read that, the comments are too general. I will wait for the finalised SPA to look at the detail impact on earnings, NTA per share as well as any changes in shareholdings and gearing.
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....
SK Lee
201 posts
Posted by SK Lee > 2014-06-16 08:30 | Report Abuse
Come on Silk......need to break RM1.00 again and stay above RM1.05