@kanenites - we still have to wait cause bursa always follow what happens in US. DJI nasdaq S&P all down ..... I think it will drop further.... so to buy now even though is cheap but i think not a good EP. For me, i rather wait for the dip at 15-16 first.... Perhaps might go as dip as 11-12 range... We better use S&P500 as an indicator to go dip.... In US, nasdaq, dji and etc at the current level is low but that only taking into consideration of CPI and rate hike for Sept. In coming months, we will experience higher rates hike in Nov & Dec and also might see the market factor the recession criteria.... Better wait and see.... If can buy lower, why want to by higher??
Current nosh of 680mil, we might not experience consolidation.... Only worry that the management might issue ESOS or PP..... that will increase the nosh and not good for retail traders.... If this happen, price will sure drop further down..... If sudden goreng and up to 22-23 range... perhaps will have to quit first and come back later... that's how i look this counter la....
Currently, will be better to go to popular counters like SNS, Infotec, Coraza, Agmo n etc for trading or swinging..... Dataprep - still hv to wait and hopefully will be chosen for GE15 play la...
fair enough ck. better than any 'analysis' i've seen here to say the least. everyone has different interest and look from different angle/perspective. needless to say, main goal in stock market is to make money and avoid loss if possible... me personally a bit dissappointed the price dont drop below 170 last week lol
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....
cK1973
1,960 posts
Posted by cK1973 > 2022-09-24 14:13 | Report Abuse
@kanenites - we still have to wait cause bursa always follow what happens in US.
DJI nasdaq S&P all down .....
I think it will drop further....
so to buy now even though is cheap but i think not a good EP.
For me, i rather wait for the dip at 15-16 first....
Perhaps might go as dip as 11-12 range...
We better use S&P500 as an indicator to go dip....
In US, nasdaq, dji and etc at the current level is low but that only taking into consideration of CPI and rate hike for Sept.
In coming months, we will experience higher rates hike in Nov & Dec and also might see the market factor the recession criteria....
Better wait and see....
If can buy lower, why want to by higher??