though get small pie project, but the amount is huge.. Govt must appoint many providers. In banking industry also, they have placement in all banks including the smallest financial institution becoz their fund is huge..
asian stocks shaky with steep decline on global economic growth concern, DJ down 115,15 point too. Caution !!! Try to hold cash better . have a nice day :)
ths is not a short term aim counter.. this is an investment counter.. look back to all the fundamental of a counter, then u can make ur own judgement. study the chart, analyze all the points of that counter and u can be wise enuff. not sell/ buy on people's saying, guessing or what not..!
based on chart: Censof may gain further after surpassing the MYR0.655 level on its latest strong candle. Traders may buy as a bullish bias could be present above this level, with the target price at MYR0.70, followed by MYR0.77. The stock may pull back and turn sideways if it cannot sustain above the MYR0.655 level. Support may be found at MYR0.57, where a breach on closing could trigger a stop-loss.
Don't lose hope as the volume is still maintained. I believe once Wb is listed this week or next ( waiting for announcement), another round of moving upward is possible. Happy trading.
i thk who believe in ths counter will hold or accumulate. same goes to other potential and gd counters like INARI, PJDEV, HOVID, OCK, HEVEA etc.. the investors will grab this opportunity to accumulate more
@Sahampower, at present, u can't expect any counter to move higher. this counter has already moved up last week. with the uncertain mkt condition, it's very unlikely.. dont play contra. u wil get burnt!
Based on price adjustment by Bursa before and after ex date from RM0.63 to RM0.595, RM0.035x 4 = RM0.14, So opening should be RM0.14. I believe, the price will push towards RM0.30 as Wb is no difference from Wa. therefore Wb=Wa but with 111 million listed, selling pressure is high. Happy trading.
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....
tamarindo
1,008 posts
Posted by tamarindo > 2014-10-13 09:14 | Report Abuse
though get small pie project, but the amount is huge.. Govt must appoint many providers. In banking industry also, they have placement in all banks including the smallest financial institution becoz their fund is huge..