Jupiter, you should really learn English 1st before write the comments. :) What mean "Who support broken"? Should I say Teo Seng? Teo Seng is a guy or girl ? Haha...
To confirm uptrend, needs to break 2.1. But this is only relevant for the short-term traders. Longer term, the trend is up...barring any bird-flu like H5N1!
History is about to repeat itself. Still remember when i sold Hevea and Latitude Tree at 1.8++ and 3.5++ respectively, this counter eventually trend higher, much higher when i thought the game about to end. This is b'cos the financial results is getting stronger each quarter and its very much similar to Teo Seng. Its not too pricey to value TS at 16x FY14 if where to compare bigger league player like QL Resources. ( food industries )
Its uptrend and in the mode of correction unless 1.9 support breach with volume.
good luck to those who are still loyal & riding the waves. as for me, I initially regretted my decision to cut loss involving damage of rm2.6k but later It turned to a wise one as the capital grew back from my re-investment in frontkn.
vaylens chong, in your opinion, what is the point you are saying this counter is donwtrend? is it based on technical chart or something wrong with the fundamental? and if it is a fundamental issue, then can you provide some information here? or else what is the technical information you can share?
@rajagoh, for "Long Term" really no worries except something "BAD" coming. PE quite low, actually is ok, but for ta then should rebound soon "IF" exceed more than 2 maybe?! :) I just blow only, dont be serious. I may not a serious person, but I "serious" on investment!
we all are serious in investment, and still in learning stage as i would consider myself as newbie. nothing wrong if anyone can provide more to share among us. blowing or giving opinion is a very good step to improve skill and and gaining self confidence. this is the path for all of us being through. keep giving negative with strong point of view will be our pleasure i guess, but keep giving -ve feedback and "suan xiao" other is not a great practice.
btw, vaylens chong, thanks and appreciate of you explanation on the long term. and yes, for long term, regardless of how much dropping in one or two months is doesn't matter, i bought it a lower price, so even juz a small matter when it drop from 2.2 to current price, but anyhow, i still fee pain and i should sell it when reaching top, end up i still hold it.
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....
Vaylens Chong
1,120 posts
Posted by Vaylens Chong > 2015-04-16 15:08 | Report Abuse
I hope today will 2 XD