@Citadel9999 I think the one with paid (I bet it was low) and malicious intent here, is the one who spreading negativity and could not rationalize his / her own comments. Don't you think so?
Then that will be sad, I hold most of them and I am having fun here. AIya, young people. You cannot define stock like that. You play XOX and Saudee and now the price still stuck there. No good no good
@Citadel9999 it's pointless to argue with someone who can't differentiate a downtrend and retracement, yet still have the guts to post analysis like he's a professional, hahahaha
@swinwithsharks I believe u can Google what is retracement and what is downtrend and learn how to identify them, all these knowledges are easily available on internet
to be fair and honest, ages is at a good technical buy position now, not from 0.180 drop to 0.160 still good buy, 0.160 drop to 0.140 also good buy, 0.140 to 0.120 another good buy, 0.120 to 0.090 lagi good buy, walao u learn ur technical analysis from pasar aunty ah? cheaper means better ah?
on second thought @swimwithshark i think no need for u to keep learning la, i guess we need genius like u to fill up the loser side in the market, and bringing in more by teaching them the way u think. :)
@Newuser777 So I see you brought in a friend here, perhaps the ex-management increased your quota? :)
In technical analysis, there is always intraday, short term, mid term and long term.
If you cannot differentiate each of them, then I assume you really need the help of google. Alternatively, you can follow my posts to enhance your limited knowledge on technical analysis!
@Newuser777 Interesting comment on the good buy levels, let me share something about value investing coupled with technical buying points.
Once upon a time, paper rolls are selling at 20 dollars per roll, that was the normal price. But due to manufacturer's costs decreased as raw material price go down, the ASP for toilet paper rolls reduced, and the retail market price had decreased to 15 dollars.
Would you buy and stock up these paper rolls at 15 dollars?
A definitive yes, since you are buying sooner or later.
But since the retail price dropped, people had been panicking to clear their stocks - whether at a costs level or even some at losses. The price of paper rolls decreased to 10 dollars.
As consumer, do you buy more?
Yea, if you are one of the smart guys above probably you give it up cause you think you can time the paper roll prices.
But in reality, commodities price fluctuates from time to time (not sure if you understand this concept, Citadel999 & Newuser777). So does share price.
When a sharp turn in commodities price happen, the paper roll prices would spike, and so does the retail price, say due to manufacturers are reluctant to produce more due to higher raw material prices, the supply would squeeze.
Then the price would increase.
Same thing in the stock market, equities, unlike futures trading, have a perpetual "shelf life" as long as the company is performing.
Is AGES performing?
Certainly, given the dim outlook in the market. So we know that the fundamentals are intact (just like paper roll are still paper roll, fundamentally), it was just the supply and demand squeeze that was happening.
Oh, and people panicking, as well :) Which created the perfect chance to buy at cheaper prices.
Not sure if you understands this story, but hope today I did some good deed to crack your thick skulls.
Newuser777 is always a big fans for Ageson, being so supportive all time to comment at Ages. Increase quota to comment at weekend too. Lovely weekend with Newuser777 Anyhow we seriously need more people like newuser777. blow water number one, making a wonderful day. Maybe can change name to google777 instead of newuser777
@Newuser777 Thank you for your utmost concern, I been making profit in and out from AGES since their ICPS. In fact, my costs per share of ICPS being 1 cents is still making good profits :)
Not sure if you are new to the forum, but most recent comments will be shown at the front page of the forum, I can't say for others, but when I say comments are in, I will jump in.
Nevertheless, I see you still skip my replies on above on your queries, just like Citadel999 does.
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....
swimwithsharkss
176 posts
Posted by swimwithsharkss > 2021-07-29 12:12 | Report Abuse
@fable Morning, we have our keyboard candidate here - Citadel9999. :)