Big Monkeys bought their 12% ish over avg 0.11 ish n at this stage is cheaper for them to buy as much as they can in the open market , as they r unlikely getting current Board support ....... think deep , somewhere down the road as and when they r in control of the Board n proposal to address PN17, rice will rebound to 0.16 n proceed further when they announce future Govt contract , lah ....B warn, this counter not for "Airy & Fairy" and "toddlers" to play , loh , .... needs holding power , mah !!!
lol simon, this is an goreng stock. It's field wasn't the point, the most important point is the game is OVER :D, unless there are good news to be annouced, thats the different story... Nowadays everybody has prepared for GE and i could foresee this share will go to as low as 0.055-0.060... maybe needs a longer time, but lets wait and see...
Juggernault you are right .This week wont rebound back until after GE . Buy at cheap and low price is worthy to keep for long term.But for short term player they are choosing a wrong counter.
PN 17....counter...if you think "Holly land". is better place to invest. why not GO for it??!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1....think B4 Act...why risk ourselves????
This counter is only for "PETTY CASH" CNY gambling lah and not for 1st time player on this counter , anticipate many fireworks to take place in coming days , mah ...... also prepare to collect at 0.05 too but hv u got HOLDING power !!!
Main Board means what? Does it mean their performance can be maintained forever? If thats the case kodak wont bankrupt lor... 0.080 now offer, still lower to go... :D Good ar.. Happy Chinese New Year..
From RM0.16 opening and now closing RM0.08 ..50% drop...So you think is it a good news at this moment? If did the price wont down so fast and totally no rebound at the end.Think twice if current price is the cheapest price for you..
BUYing pressure still strong n is cheap for Big Monkeys to take over a MAIN Board counter , bear in mind CPE n its associates are also public listed elsewhere including London , is cheap for them to hv another vehicle lah n gd opportunity for Dato AA to make quick $$$ ..... mahhhh
Oh well what a hectic day and can't wait for 2morrow ...... closing with strong BUYing pressure and who knows 2morrow morning could repeat history like this morning ??? Target to SELL over 2-3 sen margin, lah !!!
actually if they get the "license to go up" fr SC, they will go, their price is determined by SC action, so if somene at SC want to make money...u know what...just like iris
I did post something previously on the financial fact of PATIMAS and i did mentioned that we should buys this counter if the prices less than 0 sen if we consider it's value. But there is no such less than 0 sen in KLCI. This mean that whatever the price maybe for this counter is pure speculation and gambling and there is no such thing as support or resistance. It can go up to 100% plus in one day or can go down 100% plus in one day. While to add the juice up for speculation and gambling, there should be some stories, rumours been initiated and spread.
This case is the same like MTRONIC previously which i fall dead losing 60% of my money because of stories of this one Hero want to save MTRONIC and return the company to black.
My advise for the newbie, I stress again if you want to buy this counter for value than the price you should pay is less than 0 sen. BUT if you want to speculate and gamble than go on with the best price you can gamble and be prepared to lose all the money in case the dice is not on you side and otherwise.
While at the same time, I agree with few points from Jugger and simon.
I dont think so tomolo will go up .Please study technical chart .Based on chart the price is losing momemtum and may continue go the nearest support at RM0.06.The counter may go up no matter by tomolo or this week unless got positive announcement and good news. Otherwise at this moment will go down first and buy on dip (lowest price)
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....
talk2pkc
2,304 posts
Posted by talk2pkc > 2013-02-04 16:20 | Report Abuse
Holding power is the game , mah .............. at least I have made my profit this morning , loh , ha ha