of course i don't expect it to hit 70c today. i set my TP based on percentage gain. so 10% is good enough for me. can buy back if it go higher again. good luck to all
Don't even raise false hopes that there will be a sudden rush to push the prices beyond 70 sen level anytime soon. It has to take some time to establish its base first. Last week we saw prices depressed until 56 sen support and then was able to move up a notch nearer the 60 sen levels. So, we must give it bit of time to establish its base at 60 sen and if market sentiment improves then we will see the next step up to test the 63 sen level and subsequently 66 sen before knocking on the doors of 70 sen. So in the meantime, be patient and if you guys have more bullets, continue accumulation.
How much time you have and what available resources you have are all in your hands, so you guys need to make your own judgment and decision when best to BUY and when best to SELL.
Absolute correct brother Stephen Lee , the kiasi & kiasu run like headless chickens when KHSB hits 62 cents yesterday.....like I said for a few miserable dollars, they run like hell. OMG, when will these people ever learn?
Last nite DJIA no energy and this will effect our market performance also.. Look like today KHSB also has a reason to slide further. By the way we wait and see.
Sometimes, especially in current uncertain market environment...its better to have the "few miserable dollars" in one's pocket rather than have to fork out tons of money later on...and regret not having taken the "few miserable dollars" when one had the chance.
Yuzuki: Actually it is nothing new nor surprising...all of us (and I mean all of us) know about it but the problem is many of us don't want to accept it...and sometimes greed gets in the way.
Of course, having said that, looking at the other side of the coin, I also must add that there will be times when we must have the perserverance to HOLD on to certain counters and allow it to perform too.
At the end of the day, its a question of TIME and RESOURCES, or more specifically, how much time and resources one has. When we get into the market, we must have a game plan, set our trading parameters and be disciplined enough to see it through. Chart our own course (set CL and TP areas) and don't be easily swayed by minor external factors. We should do well in most cases.
As they always say, you win some and you lose some....the crucial point is that we strive to win more than we lose. Money in the hand (no matter how small) is surely better than having none at all!
People just stumbled upon this site...many mediocre malaysian want to make money..good to see Lionhearts..you fry and we fry as well, let's see who get fried !
Looks weak, but think unless the 56 sen support is convincingly broken, this counter may spring a pleasant surprise soon. The problem is even though the index may be inching up, there is lack of confidence (gung ho spirit) in the broader market. I believe it will be a matter of time to allow this bear to run its to the ground when all the weak hands are absorbed and the bull charges again.
frankietcc: U are right sir,Patient is the key to this counter, i am stuck at 59sen, can only afford to hold for 1 month, hope it can touch 65 by than.
Hi usry:Refer to 09/02/12, draw a horizontal line on the top and another on the bottom. The concept of support & resistance. There is high possibility the share price may go down if it breaks the support level. The price can be pull down by current weak market sentiment. Just would like you to reconsider the risk level you are taking now (Because you say will keep the stock until May provided you have insider news). I hope my explanation helps.
Bro bbhor2009: Thanks for your comments and elaboration.. i'm understand now and will monitor it..thanks for ur info.. and as u know, i want to keep this stock until May in hope that during 2nd Quater result announcement,this company will report a good result they will register with good financial result. So as a fundementalist, i beleive the price will climb further.. That a reason why i want to keep until May.
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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....
Jake
493 posts
Posted by Jake > 2012-03-19 12:12 | Report Abuse
You'll need binoculars to sight the 70 sen level at the moment..haha. Be patient and accumulate. It will come soon enough.