Break up from a consolidating triangle with high volume indicates the upward trend is intact and will continue its upward bullish move. The chart is only a technical tool to interpret the market force between buyers and sellers.
icon888, that was way before d... before the last q the price was just 1.4 now not enuf(at 1.6+)? over 1.7 is without any thing to stimulate... Zenwan... no ar.. this is very good to me... lol..
The dividend policy proposed minimum 20% payout. The first three quarter for FY2014 records 27.74. Arbitrarily plus 7.00 (assume) for the next quarterly earning. The expected profit will be 34.47. The expected dividend will then be 6.894. Dividend yield is about 3.939%. Of course, this is just the minimum expected dividend payout. Anyway, it is quite attractive to me.
If Jasselton project boost the profit in this year, Woo, great, solely relying on dividend plus the power of compounding interest will make your wealth two folds, three folds, four folds, from year to year.....:)
Jesselton Quay in Malaysia has been awarded a Highly Commended in the Mixed Use category of the 2014 MIPIM Architectural Review Future Project Awards....Before launch already grab a award....http://www.designengine.co.uk/jesselton-quay/... May be can consider invest at this property...
http://www.nanyang.com/node/608145?tid=688 ... A lot of rich pp at sabah, jesselton quay should be selling very well due to its great location and development. SBC and Suria will benefit a lot from this project...As per info, this project will be launch in Q2 2014...Next week is Q2 2014... Great news coming soon...
KUALA LUMPUR: SBC Corp Bhd is buying a 0.2ha freehold land in Bukit Bandaraya, here, via its 50 per cent-owned Goldhill Achiever Sdn Bhd. It’s buying the land from Patrick Chin Yoke Chung for RM13.5 million cash.
SBC plans to develop a residential project there. The acquisition will be settled via internal funds and bank borrowing.
The exact mix of internal funds and bank borrowing will be decided by its management at a later date, SBC said.
If I am right about the Elliot wave, SBCCORP is just entering minor Wave 3 of Major Wave 3...thats a big wave. This time I am expecting it to hit to $2.30+. Lets hope together. Any dividend news, anyone? Chart and wave wise, this is perfect timing...Big wave coming....energy pent up for almost 2 weeks liao..
Just ignore the selling pressure. We are going to ride on the price surge as the existing market price is deemed undervalued relative to its NAV. Referring to my previous post, I have mentioned about the dividend policy. You may at least get a hint why this counter is considered fundamentally sound and worth investing in.Hold it, hold it and hold it. You may realize your investing capital will record at least 50% return by the end of this year.
Thats not sellnig pressure. Next time just before close if you see BIG SELL VOLUME at hihg price, that is to prevent the day's close not to exceed that price. When you see that, jump in and buy. because next day will gap up. So watch out tmmr...see if I am right. Chart wise, SBCCORP is poised to explode...big wave coming....
sometimes when they havent collecteD enough they block price rise both to force contra players out and also to collect more at cheaper price. You will notice there will be HIGH SELL AND HIGH BUY.
7surewin: You are right. Some "bankers" behind the game try to create a huge block at certain level so as to give retail investors a illusion that the stock price has attained a bottleneck and possible sell-down is ahead. Then, the price would not escalate to much.
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....
gaomin
596 posts
Posted by gaomin > 2014-03-19 09:55 | Report Abuse
Wanted to sell some few days ago luckily not done and now it is going to break the recent new high , cheers !