Plse sell if you are a contra player... IMO price momentum likely due to contra players coupled with CIMB recommendation. Lets see coming QR whether is good or bad.
wow, just stop flying 2 days, then so many come out and said "show over", "Another trick to push up price and lure ppl in...outdated liao la", "Next quarter might be weak also, tho higher force gain but lower sales", seems like you all are better than Warren Buffet.
if the stock keeps on flying for few days, then u better be careful...i prefer stock grows slowly and pull back a bit then continue going up again ... this stock will go higher slowly for sure as far as business is still good....
Slow n steady ... to chase away the sohai contra's is better. In fact i hope it hold like this for a week. Long term players should be confident enuff by now.
fast & furious hit TP earlier longterm players will immediately turn short term even fund managers why wait years to realize your TP tis is a honest opinion u can predict the mkt direction in next few mths BUT to forecast the mkt direction next few yrs very impossible lah
not lah u didnt read my posting correctly say WB buy apple at $100 & he value it at $300 if tomorrow hit $300 what do u think he will do, sell lah if not he can wait even 20 yrs until it hit his TP $300 to sell
bull, if ur TP is 3.00, if only if everyday limit up (dreaming only) & hit 3.00 u sell or not OR u want it to go slowly up & take 10 yrs to hit 3.00
bull, investors buy & hold it for a specific TP regards of time unless fundamental change if RM is going to trend to 3.00 to USD u still hold & remain said i am a long term investor
Operator put in heavy buying volume towards end of trading day,want to learn some lessons how operators operate?Wait until we see tomorrow share price movement,then we can tell what does it means.
Ringgit likely to trade in the RM4.15-RM4.30 range
BY S. PUSPADEVI
KUALA LUMPUR: The ringgit is expected to trade between RM4.15 and RM4.30 against the US dollar by year-end, according to an economist and investment strategist.
IQI Group Holdings chief economist/investment strategist Shan Saeed said if China continues to lower the yuan, the ringgit including other currencies such as the rupiah, dong, baht, Philippine peso and Singapore dollar may trade lower.
He noted that market observers and policy makers were now adopting the wait-and-see approach based on China’s monetary policy changes, the looming US presidential elections on Nov 8 and likely interest rate hike by the US Federal Reserve.
“With market forces determining the ringgit rate, the currency will likely be in the long range and might trade between RM4 and RM4.30 in 2017 and this is still fair value. But this will depend on crude oil prices,” Shan told StarBiz.
Despite China’s economic slowdown, the country would still be the driver of the global economy, Shan said, adding that its recent move to lower the reference rate for the yuan was inevitable, as part of the process in revisiting its economic strategy to keep growth momentum. “The yuan will continue to stay low and we will not be surprised if it touches between 6.90 yuan and seven yuan against the US dollar in the first quarter of next year.
“We foresee a few changes in China’s monetary policy structure by the first quarter,” said Shan, adding that policy makers will be monitoring the yuan movements closely.
On Oct 10, the ringgit fell to a four-month low against the greenback following China’s move to lower its reference rate for the yuan, bringing the yuan to the lowest level against the US dollar in six years.
need some help for warrant conversion , please lighten me!! for example Hevea-WB 1.2, Hevea= 1.5, exercise price 0.2, i have 1000 Hevea-WB stock, and i wish covert it to mother share, how much i need to pay for it? is the formula = ((hevea-wb+exercise price-hevea) * stock i have)?
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....
kayne285
72 posts
Posted by kayne285 > 2016-10-11 16:45 | Report Abuse
USD just went up to 4.18 - should give additional earning if it sustain
http://www.bloomberg.com/quote/USDMYR:CUR