yea, fund manager and retailer still earning if they bought it more than 6 months..so still reasonable for them to take profit... the price will continue slide down, unless got big player/director come support price.. just wait and see, maybe the price will stop slide down around rm1
current 1.33 is just like 2.1 before bonus issue.. so it meant this stock still rise alot from 0.6x ... people who hold for more than 1 year still earning 200-300%...fund manager still got handsome profit 100% around consider their avg price around rm1 before bonus issue...
1.33 is like rm2 before bonus issue. their avg price before bonus issue should be less than rm1...they are still earning 100%, sure throw to take profit...they are selling slowly day by day due to huge volume, they cannot sell all together at highest price..
In this time, let it free fall first. Do not catch even see rebound because rebound might be false alarm. If I want to buy, I would prefer to buy at around 1.00 level. That time, the risk will be lower. If I don't want to buy, then I will not have any concern of it's price movement. Anger doesn't resolve any and will help nothing. If I want to buy, I must have holding power at least for another two years.
small investor confident, you thought management will care? they are doing long term business...even share price dropped to 50 cents they also wouldnt scare...they still take director fees...company still running, just need time for better quarter result.. They only believe on themselves..
if you are confident to management power, dont look at price, just ask yourself, you want to invest how much to do business with them? do the business, dont look the share price..share price is just indicator, if you think it worth rm10, it worth rm10 if ppl willing to buy rm10 from you.
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....
goreng_kaki
1,909 posts
Posted by goreng_kaki > 2015-07-07 12:28 | Report Abuse
Price of egg drop ,teoseng drop, price of egg raise, teoseng raise....