still, i dont encourage to buy now. picture is not clear yet. good to wait for reversal sign. you dont want to buy now later got any koyak annoucement to spoil your mood tonight. hehe
Does PA pref share need to convert to Mother share at 80 cents.? Normally Preference share is ranked higher than ordinary share, and thus no need for conversion. Correct me if I am wrong.
today closing not so convincing. if it can close back up 1.20 then you can hope for a rebound on monday. now it is unlikely to happen. it could keep ding-donging around this level or trend even slightly lower. those listen to the cunning analyts bought high better da bao and dont see. really no point to sell now.
Majority stuck at the range 1.4 - 1.6 which the sp hover at this range almost 2 years. And recently broke resistant 1.4 and formed a long red candlestick (not a hammer), it showed the sp haven found the ground yet
It easily broke 52 weeks low at 1.3. in short term support level should be at ard rm1 (a window at 2 years back), which also a phycological support level :)
i wont expect a rebound in short term. i see many trying to catch a rebound after a sharp fall on friday. the operators wont easily let the contra kaki to ride on the rebound. it might just hovering at this level until all the contra kaki let go their portion.
If you follow analyst price target, 90% will lose money. That is a facts. They are here whacked u, not help u make money. Nothing is free in this world including advise.
stockistlearner before this, many analyists still recommend a buy on yongtai. all these jokers just a group of heartless people conning the retailers to buy a free falling counter. they are deserved to be cursed into the hell.
no bad news for this counter, just happen after the announcement for pa conversion.. however.. I see this is a opportunity to buy good luck guys!! I bet the profit is still going to be uptrend this is panic selling guys ..haha
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....
tpchuayap
855 posts
Posted by tpchuayap > 2018-08-03 15:45 | Report Abuse
what is happening ?