Luckily lari some at 26sen now queing again at 23sen, bottom fishing again for 3000 shares but should be quite hard since market overall is on the uptrend except this counter, BETTER don't buy if not willing to hold it out with the boss and the syndicate may be 6 months to 1 year if daily trading volume remain below 10 millions
Don't waste time with this undervalue counter compare to it high flying peers, i just place 3000 shares @23sen to buy at least 3 BIDS DOWN then just go over to contra some moving counters in the news and at least can get a free morning breakfast.
After 1 hour trading @KLSE not a single lot is transacted at this counter, HOW TO BUY by right it should go down as most world market fell by a few hundreds point n oil today is down 6%.Looking at it those who wanted to sell have already SOLD OUT maybe trying to BOTTOM FISH at a lower price around 21sen. The boss need to pay interest to hold their millions shares n also the LISTING FEE. Next upmarket it is their turn to goreng provided with BIG VOLUME.
I believe if it can reach 22sen it might even go to 20.5sen.. If it goes that low i will top up more.. If not just gonna hold till it doubles up at least..
chart looking good after an oversold condition since the last 3 days. now is the time to load in for a great profit-making run in the next few weeks to come.
unlikely as the volume has been substantial and those who buy at this price unlikely to sell as that would mean making losses without profiting yet...the new change of guards will form the catalyst for a rocket shot...
Hope for FORCE SELLING on Monday n Tuesday to hit my target price of 23sen TAIWAN stock index already down 10% just over the last 3days only due to FORCED SELLING. Actually if there is NO STRONG share price correction, it is very hard to profit from it. If can buy this share at 20 to 23 sen then we can get a REAL BARGAIN as this counter is a NETT CASH counter as per last annual report.
If the price fall below 24sen it is a buy, below 20sen it is a strong buy since this counter being NETT CASH can withstand the shock even if the KLSE fall another 50 points and only those holding MARGIN CALL share will feel the heat on them. HAHA NOT A VERY GOOD COUNTER to invest but also NOT BAD if the price is RIGHT as least we can. know this counter will not close shop in a couple of years to come.
Good buy 3000 at 23sen and later 3,000 @20 sen if insider decided to sell me afterall only 6000shares but if it goes back to 33sen in 2 months times i will buta buta make RM600 same strategy like last time. Buying this few shares will escape BAMKER EYES
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....
iskandar100k
178 posts
Posted by iskandar100k > 2021-03-17 09:53 | Report Abuse
Guess i have to hold this stock a little longer..