Very good. Maybank came out to recommend SKPRes after crossing 50 cts? Where was Maybank & all other experts when SKPRes was 16 cts when I bought some years back?
Now Up 300% from 16 cts All The Market is Going Ga Ga Over SKPRes. Now is the Time to Sell SKPRes Into Stregth. Sell More As The Price Is Chased Higher & Higher by Bullish Mr. Market.
Then what? Then Go And Find Another Stock Like SKPRes When It Was Traded At 16 Cts Only!
In A Race of 400 meter by relay run of 4 men. After the First Runner Has Finished His Lap He Passes The Baton To The Next Runner & Continue The Powerful Contest.
So When SKPRes Finished Its Powerful Surge The Trick Is To Find Another One Like It.
Calvin, I bot maybank at 1.02 during 98-99. Hongleong bank 1.10, public b 1.20 n many other ridiculous price. But ine er come out keep bragging like u.
Ha ha ha....laugh all the way to the bank.. There you go, break 0.40, go gila....TP0.60 likely to come soon. The Dyson fan is very very innovative....no fan blades, safety for childrens Likely to have high export demands in safety first "kiasu" countries... The new factory likely to ramp up revenues going forward once comes into production.
The best part is the fan is very very quiet and esthetically first class in design.
Optimus I need a mentor like u ah.... Knn not those madiba type... Every night I have nightmares. Wet dreams not those kinda wet dream. But related to water... Sea... Why? Cuz en route to holland via icon sea vessels...
Look at it this way. We should buy a share before the market discover it. When all the analysts come out to recommend it it will go ballastic like now. But it is better to buy low and sell high.
Purpose is to educate and help. So please take it in good spirit.
Calvin yes, educate is good but not everyone has the experience n skill to do wat u said, if they can follow the good trend, stil better than they simply buy coma stocks. skpres still has legs.
revenue and EPS compare to last year was lower......why the share price tested new highs, im a bit puzzled .Its too high for me.......i pump in more of my money into Johan Monday ...
optimus7 568 posts Posted by optimus7 > Jun 28, 2014 09:41 AM | Report Abuse Calvin, I bot maybank at 1.02 during 98-99. Hongleong bank 1.10, public b 1.20 n many other ridiculous price. But ine er come out keep bragging like u.
Dear optimus7, may I know how you managed to get Maybank at RM1.02 when I recall the lowest was around RM2.60? Just a quiet reader but I am piqued to know. Thank you.
Hom3boy, u can download maybank research's daily newsletter for last seven market days at www.research.maybank-ib.com. Let's all hope maybank chartist is right this time. It was also right with its prediction for seal in its newsletter dated 23 or 24 june. Maybank chartist estimates target of 73 sen to be achieved within 30 days. No guarantee, of course.
optimus7 571 posts Posted by optimus7 > Jun 28, 2014 02:52 PM | Report Abuse Do u know what is intraday low? Ask those who traded in 90s. Obviously u r newbies
If you managed to get at 1.02 I am sure there will be mentioned of it historically. Moreover, if there is a price swing back 100% retracement, it would be only RM2.10-2,30 range. I don't see that. Maybe you can teach this "newbie" as you said. As for me being Kcloh, I am aware of your fights with Kcloh, Saturn, grandma and many others, I think there shows your analytical skills.
However, there are many other parameters we have to look at, e.g. no.of shares on issued; other current and long term assets; business model & prospect; earning power, and last but not least, its net book value.
L&G has 180m net cash and has less than 700M shares issued.
NTA of L&G is 70+ cts NTA of SKPRes is only 20+ cts.
SKPRes relies heavily on one single key customer and I am not sure if it is good.
As far as memory serves, it never went below RM2 during the Asian Financial Crisis. I recalled it with some conviction because I bought into Maybank a few thousand units and then to see it keep falling below RM3 and then RM 2 thereafter. It was scary then to say the least.
If it is so, then I stand corrected. But as of now....
If you managed to get at 1.02 I am sure there will be mentioned of it historically. Moreover, if there is a price swing back 100% retracement, it would be only RM2.10-2,30 range. I don't see that. Maybe you can teach this "newbie" as you said. As for me being Kcloh, I am aware of your fights with Kcloh, Saturn, grandma and many others, I think there shows your analytical skills.
just dont know the management....companies got alot of collborators like flectronic, pioneer, dyson, sharp...fundamental is good view from report...if falls again will buy more to keep
Know how to buy must know to sell not even is a good counter. Dont alway look good. U will got trap. Come back later may b after a few mths. Might b cheaper..
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....
optimus7
571 posts
Posted by optimus7 > 2014-06-28 09:19 | Report Abuse
Now n then I share, but this new horse too early to share, my boss wil f me.