ditdajou@ good question!! As this is China base stock counter and cut 3x fair value from fund manager mean this is high risk counter... “high risk high reward” price movement will not follow the real value it will go up very high also can go down very fast... even the fundamental is good! Same like this 2 days movement show!!
CSL is no fundamental and losses company... major shareholder keep decreased the share percentage but XDL major shareholder is keep increasing their share percentage and fundamental YoY growth and QoQ profitable increase... Totally difference management company
Conclusion “high risk high reward” ... China stock price will move up and down faster without any reason.... when you see YoY keep growth but the price parking at 7-8 cent after QoQ drop price will parking above 20 cent...
Need more, more retailers player especially to play as defence at every top buy queue position before selling strikes hard, Remaning players to attacks, buy top sell queue till it push up. The same way big sharks play the like right and left hands both.
When the waves of selling down coming from big sharks collected by another big sharks at the low, and lower prices, no point to buy at higher price, instead buy at low, low price with collection, same flow with them, as another bargaining chip as price trendup. At the same time will reduce the big sharks possession literally a bit impair their advatage to bully without limit. Besides strong defence at strategic position, then attacking with buy higher, but immediately response with big selling downward, with collection at new low, lower priced goes.
Last Friday 2 March closed at 0.155 today closed at 0.125, not good weekly performance, Monday the selling pressure mounted heavily due to malaysian political turmoil sentiment. But there tried waking up on Tuesday, Wednesday amids DJ downward daily, or Covid-19 fears sentiments may negatively impacts global supply chain from China. Today further selling pressure out of DJ downward, Covid-19 sentiments combined.
Big boss added quite alot number of shares at 0.165 and 0.16..it will go to its fair value soon.. Sentiments is just temporary.. company performance is growing quarterly..boss has not disposed its share in market instead they are collecting as well...I suspect news will be out soon..
Price sell down due to this 2 day blue chip stock falling down significantly and make some investors margin call force selling to release their share...temporary sentiment it will go back to bollinger bands centre line!
XDL Sanston finance major shareholder also keep increasing share percentage.... but not announced via bursa they use others account holding below 5% volume share to collect it....
Mr Ding family member small shareholder also keep collecting share via open market seen like they want to reduce floating share at open market and they will exercise the warrant once mother share shoot up to fair value...
You can see it this few weeks somebody keep collecting warrant D at 0.005 whatever mother share price is dropping .... is that really sell down or just a show only to make player confuse and panic .... calm down your emotional and you will see the big picture behind this motive!!!
Investor especially foreign flow out their capital from market probably into physical gold market. Outflows from our KL market 2018. Article above nevertheless written by pro-gold faction.
Still here... The panic sell not from operator or the ceo.. Just small investors pulling their cash out.. The volume tells it all.. Operator and ceo will bring it up again in no time
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....
WSP88
572 posts
Posted by WSP88 > 2020-03-05 17:35 | Report Abuse
ditdajou@ good question!! As this is China base stock counter and cut 3x fair value from fund manager mean this is high risk counter... “high risk high reward” price movement will not follow the real value it will go up very high also can go down very fast... even the fundamental is good! Same like this 2 days movement show!!