U didn't read my earlier Fitters trading experience and strategy posting? Dun alwys play with ur underwear la...wont drop unless u bought at very high price... sure loose.
I buy low and sell high, back buy when price drop and sell higher again, buy more at low price & sell abit, .. keep some later for next round of strong high push come then sell again so can maximize profit. repeat few times to max profit.
Year end result could be better than expected, 3rd quarter cumulative very nice. Profit taking is unavoidable, but good opportunity to Buy, Buy, Buy. :-D
Normally most company will announce their Fin. Qtr result either on Friday evening or Monday morning/afternoon to attract more big players to buy in on Monday and have more days to push higher bfr consolidation. Since today is Thursday and tomorrow Friday near weekends, lesser buyer eager to enter big and lesser pushing strength expected coz normally its profit taking days but still can see some good accumulation at 0.75 - 0.765 price level transaction AVG at 0.7588 with value RM 1.55million traded today. Maybe tomorrow will try push again or next Monday stronger push.
Ppl buy & sell in big vol... even 1 sen up already 4 digit profit. 2 sen up 5 digit profit. Some bigger player 1 sen up already 5 digit profit or even more.
500k -1000k units get RM5000 - RM10k for every 1 sen up. U do the maths. Already tried and took profit many times before with buy low and sell high. Good money for Xmas and new year. Still have some at cheap price keep for CNY sales :D
Aiks HC Lee, just give him(viper) a break, will u. U hv been bombarding his every comment. At first you doubt his creditability, when he tells you how he made from fitters, you told him to stfu... speechless...
Alliance research analyst Goh Thean En wrote latest research paper on Fitters recent Qtr results, TP 0.80-0.82 sen, immediate support at 0.74, cut lost at 0.73. Tomorrow & next week, hope to see +ve movements :D
Ya..already many times like this. That's why i advise if anybody were to play this counter..need a lot of patience. Never play contra with this counter as you will lose 99.9% of the time.
I would hold this counter may perform like Keck Seng and TNLogistic whch was under my watchlist..but delayed in entering, both rocketed. They keep contra kaki away..Wait till year end report out..not sure when, maybe before March next year
EPS at 0.10 Feb 2012, Feb 2013 EPS at 0.12, Third quarter EPS at 0.1066 sen, U think 4th quarter EPS will beat the last 2 years? Problem is company didnt declare dividend. So, nobody cares about company who doesnt pay dividend.
Somebody told me that Fitters have a subsidiary that design theme park. If so, recent spike in volume might suggest Genting's 5bn theme park upgrade might benefit them. But just because they have a subsidiary that design theme parks doesnt mean that they will get contracts but at least there is possibility. Im not so sure. Please check yourself whether this is true.
Price already moving up with good vols. Accumulation getting stronger even during Xmas eve and also coming new year holidays. +ve uptrend sign.. hope can break 0.78 - 0.80 soon. :D
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....
HC Lee
1,518 posts
Posted by HC Lee > 2013-11-28 12:10 | Report Abuse
Looks like you are contradicting yourself ....one moment going up ....another moment profit taking ha ha.