it seems that currently the trend is the big fishes try to attract small "fishes" to come and queue their hard earned money in the bid price, then when the volume is sufficient, the big fishes will all push out to sell...this happen again and again...
currently, it seems there is a "battle" between 2 groups of big fishes... that is why the price is still sustaining at this level... the one wanting to sell is winning now... once they are done, the big fishes calling to buy may come in and push the price up... let see if we can get rid of this group of big fishes wanted to sell shares today... otherwise let's wait for tomorrow
It's ok ttree investor. The more ppl fear it's good for us... They simply wants to make the share go down . But it won't go down.. Let it fly then they wil buy at higher price
Yeah, i also don't understand why some of the commentators here like to tell people to sell... maybe you guys can tell us whether
1. you already sold the share and think it will further go down thus want to warn us OR 2. you really want to buy at lower price OR 3. it is just for fun..?
Please enlighten us so that we can assess your comment objectively. Believe the forum here is to share news, chart analysis, insider news, etc. so that everyone can benefits and make more wealth from our hard earned money.
HSIF88. It was a speculative party play which had failed. Now only a small after party which is ending as soon as tomolo afternoon. That is all there is to it.
Oi u bodo kah!'!!! U buta Ka saya buta!! 4 Q making profit and worth million !!! Bodoh betol! Making ppl nervous stil no effect man! Go n try somewhere else! Talk on facts ! We are talking on black and white facts!!
Heehehe... other counters could be, but EDEN, dont even think to collect profit by mere 2 bits margin... aim higher laaa... International investors from Arab and US got lots of money to put for long term here.. U sell early means they will secure the bottom seat...!!
After some experts who already start to track EDEN and ECRL project in 2019, the "Phase 2 Remaining Land" is just beside to the proposed ECRL Kuantan Port City 2 (Cargo Handling) station and the land purpose will be the same as annoucement "depot and maintenance center" for Cargo Handling related purpose.
If it is correct, then it may up to 230 acres (maximum land size of EDEN that portion of land).
230 acres x 43,560sqft/acre x RM24 = RM240m.
If we considered this to settle the loan in priority, assuming existing loan have RM70-80m.
Then balance still have at least RM160m, which equivalent to RM160m Cash/ 403m shares = 39 cents per share.
Of course, then EDEN still will have remain 200-300 acres industrial land which also near to the ECRL station and Kuantan Port.
If EDEN have good project development team or partner with those experienced property developer then of course the Company can move to another level rather than penny stock level. It is well supported by business opportunities and depends on how they realise more.
I hope I am wrong but looks like based on the trend of how operator (i personally think that only have 1 group of operator only) place their buy and sell Q during the past few weeks and considered that they just change their financial year end 31/12 to 30/6. I believe someone should be in process to taking over the Company as the Company have good land for development and also based on share price, it is undervalued. They have to maintain the price before any announcement (before kick off the price hiking).
Of cos, they cannot hold long position by showing their name first because they also not sure originally whether the ECRL is confirmed in first place. They can only confirm when First Phase confirmed and Phase 2 also gazetted.
What we can do now is to collect as much as possible. Is worth to bet, RM0.20-0.30 to bet for a potential extra net cash dividend of RM0.30-0.39 and with a potential development for balance kuantan land.
This explained why when the first day in fact if they controlled majority stocks, they can just push higher and higher then more and more retailers will come in. The trend should not be like this.
RM0.20 stock then push to RM0.375. Not even hit the penny stock limit up limit RM0.30 per day. Think about it, it is press down to recycle back those contra T2 kaki stocks.
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....
l3ryan
669 posts
Posted by l3ryan > 2020-03-04 15:56 | Report Abuse
dumping happily