Too bad, I need to stop collecting anymore Puncak.... as fund already swap back to bought back WCT, Bjcrop, Jtiasa and averaging other stocks also.....capital allocation is limited now and every stock exposure have to keep limit to avoid excessive exposure to single stock and keep diversification to reduce risk.
To play this counter very dangerous. Will wait at sideline. Drop like this everyday mati ... lah. This rozali really have to make an announcement otherwise how to know where its will stop ??
see the call warrant, so many call warrant, bank sure let this stock die 1.. my rules of investment, when you see many call warrant introduce to the stock, dont buy such stock..dangerous level is high
Puncak has hit the lowest since year 2013 (H1.18, L1.14), by breaching it again today by closing at 1.16 with breakdown from 1.19.
*(Past record in year 27/12/2012, 661K volume with H1.18, L1.14)
Past record of Puncak performance (during the 10 year cycles) indicated as below:-
Year 1998 Puncak(H 3.16, L 0.88) Year 2008 Puncak(H 1.90, L 1.70)
Last Year 2015, (H 1.70, L 1.61) Ex-dividend: 4th DEC 2015 RM1.00
The weak sign of the KLSE today, with market demonstrated 846 counters are losing where else, only a friction of 165 counters are up today. Some up trending stocks are suffer some losses due to today too.
Therefore, the current down trend Puncak stock has nothing to do with the performance of the stock, but mainly due to the market correction.
sell everything and buy Punchak becos at present price and factoring its $1 billion in cash in hand. the counter is a steal. You wont get another chance to make easy money. Rosli the main shareholder is laughing his way to bank by buying every day.
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....
Roger123
1,821 posts
Posted by Roger123 > 2016-01-21 15:35 | Report Abuse
Poeple panic now