Desmond, don't lor. I trade with calculated risk. Normally I bottom fish but that doesn't mean it couldn't go lower. Alam did plunge to 0.89 yesterday and I almost dump to cut loss. Luckily I hold on to it and waited for the rebound. Just luck it rebounded.
Both of them has a good fundamental. However Alam has a news to push it up and if nothing goes wrong,it will test it uptrend mode. .on Perdana site it need a news to push it up. By the way our Klse also too high now..may be it need to pause and goes downward for a while.. This factor is worry me either Alam has a time to reach at 96-97 level as before. (this reason has prevent me to joint the party. At this time)
It doesn't matter they automatic dissolve or not.. They have a 60 days period to carry out the election. It no a big issue to us and not effect to much to share market. The main issue is the General Election..it give a big effect to Malaysian government.
Just my 0.005 sen comment: Do you think GE will be announced now, during the LIMA exhibition? If so, wouldn't it be pointless for Najib to attend the exhibition under his capacity as caretaker PM since he can't make any deals?
Even though NS state assembly will be dissolved this thurs, I personally don't think GE will be announced that soon. PM still haven't completed his rounds visiting all states.
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....
Mars
233 posts
Posted by Mars > 2013-03-26 09:08 | Report Abuse
last round before GE....thanks Alam.Will be back after GE.