Maybank today's recommendation ~ Short term buy (technical) on dips for SKPRes, with firmer support and clear upward target areas of RM0.55, RM0.73 and RM0.84. Stop loss is placed at RM0.41
Good thing u dont wait, bcos later if it come down a bit u wont want to buy, or has bot other. Then suddenly break new high, u dare not buy. Keep waiting only
Once the price comes down, it usually means game over, unless the company comes out with good news, I usually would not pursue, volume would decrease, and price will keep coming down.
actually i sold all already lor. hahaha. no big deal la. i only made double in warrant in 2 weeks. i didnt even buy a single lot of mother. so i dont care if it go up or down.
??????? If having rm100 million cash is no big deal, then what amount of cas is a big deal to u, wilkinsonyeo? Please point out to us which r the companies that have more cash than skp, other than the heavy weights such as sime darby, maybank, telekom etc.
I donno any company has 100m cash, no debt, 30% compu d growth rate average last 5 yrs. Zero debt, pay 50% dividend everyyear. I really donno. But got smart alec say no big deal
That is the exact point i am making to wilkinsonyeo. If RM100 cash does not impress him, what does? It is not as if companies with do much and zero debt are a dime a dozen. That is why i directed that question to him. But thanks anyway, optimus7.
But i am kind of puzzled at why u sold all your skp-wa when u pointed out those strengths of skp. I understand u have doubled your money. But if Maybank chartist (which has a pretty excellent record) is right, and skp hits 73 sen as it says, skp-wa should be around 35 sen.
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....
tomanhead
601 posts
Posted by tomanhead > 2014-06-26 19:13 | Report Abuse
Outside the skpres forum door,turn left....about 50meters,there's another room where the topic is all can talk nonsense forum.....Go there,please