Operator has done their duty to disposed off their holding. Good profit. Left ikan bilis swimming now. As I said, don’t chase high. If 0.145 can’t break, will back to square. Not 1st time. Same operator same tactic. Good luck.
Market is red. It's a retracement and an opportunity to buy another Armada..
It happened to Armada yesterday. If fundamental is good it will climb back, which it will. I have seen this happened in Armada yesterday and the Thistle Fake news incidents (24% drops)
Price fluctuation is normal, beside today is T+2...
Once they collect enough, they will push it up again.
Suddenly so many Sifus appear... Suddenly everyone got guts... Simply talk about TP without any fundamental and basis... 0.20 cent la... 0.30 cent la... Better be Nujung Pak Belalang... Can tipu tipu auntiess
Mostly all Fossils fuel counters took a beating this week.
Luckily all my Bio Fuels counters, FGV, Sime Darby Plantation, Sarawak Plantation and Trengganu Development Malaysia rally this week. They gave me more ammunition to load up this temporary dips.
Right now Bio Fuel has taken P2 positions overtaking Fossils Fuel which is now in P3. Technology counter is still my most performing counters siting steadily on P1..
It's really like an F1 races between Mercedes Benz, Ferrari and Red Bulls..
The left neighbor who bailed you out from the Police versus the Operator who was continuously absorbing the sellers at RM0.135 yesterday until almost the closing have some similarities in their characteristics.
How?
Why the Operators kept accumulating at RM0.135 yesterday? The Operator has avoided your cheap sale and losses/cut losses because you have decided to attempt to do a quick profit but not so lucky sometimes. SO, also not so lucky, you were caught red-handedly when you have decided to attempt to do a quick action in plucking your right neighbour's rambutans over the fencing.
Your left neighbor decided to bail you out because he believed that you are a good man and your face value was not tainted and got a good future. The Operator decided to absorb your ALam shares yesterday because he /she believed that the face value of your ALAM shares were not tainted/distorted but got future.
Therefore, both the left neighbour and the Operator have took a stand for you.
if today volume continue drop, consolidation phase might happen, if drop to below 20m/day and another tranch of RCN 11m at 0.09 exercise, price will be diluted half cent to 1 cent
alam need solid holder to support its price and fund to bring it up, small retailers wont able to hold because every month will be at least 16m RCN converted, in Nov total RCN was 26m
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....
Miz Raya Bloom
6,888 posts
Posted by Miz Raya Bloom > 2019-11-21 20:28 | Report Abuse
tu la ku ingat dulu ku jual 80 sen, beli balik masa 10 sen, sebab kawan kata company ini ok ada business