Shouldn’t put ur unit q at a certain price. This may cause those buyer unable to chase high especially when buying volume is just average. The lesser the seller the higher the price
Eden sunk so much of the earlier govt, especially when TPM was ejected. Eden’s progress was hampered and could not go forward because of hindrance caused by earlier govt. That was the reason why directors linked to earlier ousted TPM have to resign and sold of their shares. Not to say that all shares were sold but do not stand as substantial share holder. They did that for the company to move forward. Now I expect that the forceful hindrances and obstacles are no more. The current govt may not favour as cronies but will not obstruct by any way for Eden’s progress, but they will progress themselves by their own ventures.
Personally believe Eden can go at around atleast 0.4 cents. With ph related counter relationship also this quarter full of f&b services provided for election & raya. Their performance Shd be good for coming quarter.
The recent settlement of the IRB claims...augurs well for this company...the change in the govt also favours Eden...with PH govt...Eden is expected to improve its book orders/turnover.. Last qtrs results showing better sales and lower loss...clearly shows board intention to move to profits...Share price on the other hand has stabilized around 30sens....a breakout above 33..will move it to higher ground...only time will tell...but the future looks bright...Best of luck to all of u...will buy some next week...if market improves....above 1700 points...
In a falling market...with no clear signs of a rebound...best not to play contra... Buy within your means...can pick.. Will purchase 20k shares next week...for RM6k No holding power....dont touch..
Very doubtful eden can go above RM1 for now.. Multiple year uptrend possible...but for now RM1 is already a good target....if conpany can turnaround with qtr to qtr profits.....highly possible...
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....
Ahead1268
768 posts
Posted by Ahead1268 > 2018-06-04 18:18 | Report Abuse
Sold 0.29 deemed too fast for today trading. If tomorrow market correction will stay out. If tomorrow market up too bad.