Potential buyers & sellers cannot be easily counted on the screen. They r termed as 'invincible' players n could suddenly appear on the screen at any moment when there is a rally.
Today I'm extremely lucky to sell my MTDACPI at the right timing early in the morning for an attractive high price of 0.46 enjoying excellent profit margins.
This counter is a 'goreng' counter. Suddenly u can see hugh volume with plentiful of buyers & sellers, but in some instance u can see relatively small volume with limited buyer & seller engaging in a 'tug-of-war' scenario ending the day with low volume done or untraded. For yr info, yesterday volume traded for MTDACPI is 0 & untraded.
So u must be well-discipline to hv patience to buy MTDACPI at low & u must be alert to take profit when opportunity arise. Good Luck.
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....
hiddengem
1,186 posts
Posted by hiddengem > 2013-08-30 20:08 | Report Abuse
Today corporae quarterly result for the financial year ended 30/6/2013.
1)Revenue: RM67.49mil. Last Quarter: RM46.08mil
2)Net Profit: RM1.45mil. Last Quarter: Loss (-RM6.8mil)
3)Earnings Per Share: 0.64 sen. Last Quarter: (-2.98 sen)
4)NTA Value: RM0.76
5)Dividend ex-date : 8/10/2013 @ 1 sen per share.