I have not comment much on this counter, but I did entered since 2014 at 0.48 and sold all the warrants at 0.355 to buy mother shares. Currently holding price at 0.609.
This is the power of long term investment and now I don't even care of short term dropping or whatever calls as dropping knife as I've already got the buffered price.
However, I will continue the accumulation whenever I see the bottom resistance and I targeted the share price could go up to 1.40 by end of 2015.
2 over years to expiry n yet trading @discount ? where got such big fat mama chicken one? warrants are like fortune tellers...they give insights to the future....when something like this happens and doesn't make sense the best is to only watch the free show.
tomoro morning price will spike up a little then afternoon will drop again until next headline from market analysis. Good time to buy mor ein the afternoon unless another financial company repeats the positive announcements.
significant distribution happened 2 days ago. It will be in consolidation mode but uptrend is still intact technical wise and fundamental. Can buy at lower price range for higher Reward to Risk.
well, i see trend is when rise 2-3 sen, big sharks throw their stocks in volume pushing price back down a little, but gradually it is rising lah, so short term really hard to see money grow a lot. You keep long term can see about 10% increase maybe in every 3-4 weeks as long as positive news keeps coming. Long term I see this share will be at 3-6 ringgit value because of client order stability and low oil prices . Just my 2 sen, Im kind of new to this too.
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....
SleepyCat
10 posts
Posted by SleepyCat > 2015-05-15 12:28 | Report Abuse
hehe be patient~~~