hi Thiam Leong, sell today wont get the money today la... if really because want money before raya, they should sell last week.. at most, less Malay will buy in...
insider bought on Tuesday...suspend on Wednesday...sell all to you on Thursday...hahah...my advice...all good news already out...better throw now...because it is still HUGE debt with NEGATIVE NTA...it may drop back to 0.20
suspend on wednesday b4 wednesday , tuesday is a long candle sell down , wednesday kinstel to goreng but only at 19.5sen cant break the resistant. b4 perwaja suspend.. have few time they start selling their share, they try to push over than 0.300 price and throw. max is 0.330.. But today. max only 0.32. and the share volume is almost nearby 10/7/2015 that day.
dont know the trend will continue up or not. but for sure... temporary they are selling.
Many times a lot of people get trapped buying debt company hoping for some 'miracle' or get rich quick. What they don't understand is it takes time for the company to turn-around. By just signing an agreement doesn't mean profit is immediately go into the company. Money has not pour in yet. Still a long way for the exercise to materialize and time for the company to recover their losses. And smart investors usually sell on news and buy on rumors. The end those buying now will be trapped after the news is out...as there is no more excitement except waiting time for the whole corporate restructuring to go thru. By that time the share will slowly drop and drop until it reach a lower price.
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....
popcorn
1,625 posts
Posted by popcorn > 2015-07-16 07:26 | Report Abuse
40 cent? so high.