AWC keep double net profit in previous result incoming result sure also double profit ++++ because thier business is recurring profit no need worry if you have saw the retain profit you will know something
thats why i say here i come to kacau kacau... u can ignore me.. hhahahahahhahah . if u r mad. u can leave me a bad msg.. i dont mind. awc awc ^^.... go makan burger a&W
@Richkid. No wonder there was selling pressure this past two days. Bursa announcement mentioned that Md Shah Abu Hasan sold 10,000,000 million shares. Now he has balanced of 7,500,000. Is he one of the directors. Can't find his name on the company website.
@tradervic MD shah suppose to support AWC. Why is he selling? For profit ? To push the price down so that AWC can buy back cheaper? For me no point selling now as AWC support is 40 sen. I will keep for long term.
Fundamentally strong profit coming next quarter. So this is a risk to take as I already invest for long term. Not contra. So just wait. Last time IFCAMSC reach 90 sen it was pushed down to 65 sen...then now $1.60...see??? Hate to sell now and make losses and then AWC rebound when MD shah decided to buy cheap again.
That time was bit different richkid. Ifcam was pushed down because of oil collapsing, but quickly recovered. AWC is purposely come down. A stock going up will make higher highs and higher lows.
Yes you are right tradervic...this is a purposely pull down...my remiser say it might test 0.4...but i wun sell my shares.... I still believe that next quarter result will be good...this is a tactic that those secret people wan to buy cheap....choices is up to everyone
be watchful.. already breached the support 0.44.. next support is 0.410.. If the price cannot hold within this range.. then the final support is 0.360 and then can exit already.. (according to chart)..
sometimes its okay to average & hold on if you bought at lower price than the current price (if its on downtrend) as long as we didnt incur losses or reach your cut/stop loss target..
however for those who play contra.. be very careful NOT to AVERAGE on downtrend price as you will definitely get burn (based on my previous experience & many of us all here will agree)..
as much as we all wanted (including me) to cheer the price up.. I believe we cannot afford to overlook the TA (technical analysis) part which is very important.. the buying/selling behaviour & emotions of people.. besides the FA is strong for AWC..
cheap cheap cheap price coming..... ready your money and heart then we play for rebound... then ciao... left " those" FA player stay there see the price up down up down then flat..... then another FA story come out how strong how support......
i like to follow trend , i dont like to FA!!
dont always use IFCA to compare.. different story different case. Thats all.
@Tradervic if you need to stop loss go ahead. No worries. Can come back anytime. Plenty of shares to choose in the market. Good luck brother. For others can buy for the rebound as we near 40 sen support.
In the AWC agenda, clearly stated there is a share buy back option. So if they want to buy back the shares, they need to press down the price, right? Why want to buy expensive share? Once the price is pressed down, it will rebound when they started to buy back...then we chase again? This is my opinion. Fundamental no change but price sell down without reason. there must be a reason which is to press down the price. It is worth at least 44 sen. Par value already 30 sen. How much more lower can it gets? Ask yourself.
Thanks Richkid for your advice. Selling is too persistent now. No doubt its a good fundamental stock but I really don't like it if the MD sells the shares.
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i3raymond
248 posts
Posted by i3raymond > 2015-04-23 19:30 | Report Abuse
Md Shah bin abu Hasan sold 10k lots in open market!