Looking good and getting better & better with a High of 1.36 and closing at 1.34 today. Those that successfully executed bottom fishing @ 1.03-1.05 before the 3.84 sen that went Ex Dividend in early October 2019 and still holding would have reap an absolute “bumper harvest” in less than 3 months (ie. Vulture Fund) :-)
Covid-19 make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
their 5 years contract with Dyson ending this year. Wondering if they manage to secure a new contract from Dyson this year. Else, this is a very very long hold in addition to the current after effect of virus.
if longer time investor, that is quite sure. Nothing to worry. But most people are not for the long term. Most are "traders" which prefer fast results.
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....
Panorama1
971 posts
Posted by Panorama1 > 2019-12-14 09:36 | Report Abuse
Consolidation phase (1.20-1.30) took longer than expected but uptrend wave seems visible now.