Sometimes you see huge transactions, or pull a bit, then huge transactions, mostly mean they pull a bit for big contractors to sell off the ticket to market. not they want to goreng.
And some of us have been holding this counter for century. Keeping a dream, a believe, and trust to ourselves, since that day we saw hubline got people goreng.
Our insight,--- got big fish goreng. Our action, --- buy Our patient,--- wait Our continuity, ---- We believe what we believe. Our mistake, ---We believe based on a wrong very basic fundamental ( Got big guarding at top and bottom price means got people goreng )
Example, stock side, --- no people interested in this stock For stock purpose,-- need to pay contractor money For stock problem,-- no cash to pay, give stock For stock question,- contractor dont want, no one buy
Stock side, --- make people believe someone is going to goreng Stock action, --Hihi, make huge guarding up high volume,low high volume Wow, people come in buy, then the price queue shift up. look like go up Then release to public
After get some friends email me last night, i was shock to see our old team mates still holding this counter until today, i respect your patience, and your durability.
Just to remind - Are you based on your believe ? - And your believe is based on a correct fundamental ? ( Got big fish will goreng bcoz up low queue high? )
I wish my comments can be a reference for you, (Not absolute guideline)
Just imagine if you are so persistent in other potential stock, how far have you gone ......... ? Some of our teammates have gone 35 to 60 times from their previous stake.
There is still one year and a half year for you to play stock before next bubble, grab this opportunity, and see how far you can go.
In stock, there is no ( janji setia ) ( How much you understand things that you setia ?)
Try to think when there is a small holder, invest a RM50k in a stock and keep it for 5 years. Is that a lost ? Imagine how much he can earn in 5 years time...
Then the episode is a big holder, invest a 50 million in a stock and keep it for 5 years. Is that a much much bigger lost? Imagine if he put in bank, dont even need to invest. How much is the interest for 5 years?
Indeed these are the people who directly or indirectly has some business with the company. . That is why they will keep some stocks. so when there is a project, they have more (face) to get those projects.
And after complete the project, can get stock in stead of cash, then with the huge amount of stock in hand, can easily handle the price when release to market.
Again there comes with the fundamental mistake again. . We always think that this big fish that big buy so much. . there must be udang di sebalik batu, or people trying to keep. so we also follow.
I wish all our small small investors can earn money and survive in this tidal stock market. . I wish my suggestions and explanations can help to better analyze a stock. .There are much more to learn, indeed is a never ending learning process.
alamandaamanda: Thks. Well, good to know that you are in Canada too. Will be back to Canada too within two months.
Besides that, I am curious that being a low return company, why is the reason for it to remain active (while there is still some large volume across the month)?
As I am new to the investment, what will happen for our share if few lots becoming into one? Will it be beneficial to the share owner in what ways?
Strong resistance at 6.5 to 7.5sen,the most 10 sen bcas this ctr trades take profit half cents only..but to me ircb is better for long term compared with hubline....very huge loan and cashflow very tight.
Pls hold and will have something happen.... Invest in O&G.....
Today news about O&G future. KUALA LUMPUR: The oil and gas sector is to emerge as the "rising star" and significantly drive the Malaysian economy forward this year, Prime Minister Datuk Seri Najib Razak said today.
the price is cheap but to push it up high is a huge challenge because so many time it tried already to push above 0.07 but not working because too much share inside and this kind of counter hardly go high. just abandon the ship and go to find other more flexible counter. This one look no good and already years in that price level.
kalel- in share market, 0.00 is the baseline where u lose everything... :) even can drop to 0.005.. i think many here have to eat HIGH5 bread if it happens
this counter looks very weak...the most is 0.05 and lowest @ 0.045...the vol. is heavy...though the report shows it is profitable yet there is no appreciation in value, might as well go overboard.
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....
alamandaamanda
245 posts
Posted by alamandaamanda > 2014-03-05 10:17 | Report Abuse
Sometimes you see huge transactions, or pull a bit, then huge transactions, mostly mean they pull a bit for big contractors to sell off the ticket to market. not they want to goreng.