Padini most likely in the consolidate phase for short term. Early year sharp gain principally due to strong qtrly results reported by then. The latest qtr result released last month is below market estimate, will cause profit taking activity in short term. Rebound possible but sharp gain unlikely.
There were about 800 lots ahead of me when I queued for 1.77. Needless to say I never got to buy at that price. No loss though as price is trending downwards and may fall to 1.72 or even lower. Best price to buy of course is any price below 1.45. In between there should be some buying interest to stop the price from falling too quickly.
LOL if fall to 1.45 i really dunno how hooi gonna collect all da way from 1.77. Hope for the best! im already contented even when it rebound up 5-10sen.
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....
hooi
1,773 posts
Posted by hooi > 2012-12-05 10:28 | Report Abuse
Sold Padini at 1.91-1.94