Market is moving into bull after KLSE had been down for past 3 years.. Foreign funds are starting to pour in, KLSE volume is surging.. Take the opportunity to buy on weakness.
After 2 days of consolidation from 0.35++, WCT- WE at 0.29 and mother 1.86 is not expensive at premium of 26% with long expiry at 2020 and is trading at very high gearing of 6.4 times.. With the restructuring plan coming out soon, i see WCT-WE is good value as a proxy to WCT mother...BUY ON WEAKNESS...
I usually sell we at 200 lot per quee. I sold at 22.5, 24.5, 32, 35. I left only abt 800 lot only. So i will slowly buy bck nw to top up what i hv sold. Nw waiting for it to drop further b4 i go in. If tomorrow drop to 27 i sure go in.
PP completed is good new. Cause during price fixing, they will press down WCT price to enjoy cheaper placement price. Now PP only 4% at RM1.77 certainly clear the sky. Ready for crushing to Alaska ...
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....
Investlink
189 posts
Posted by Investlink > 2017-03-17 09:21 | Report Abuse
Tq... Will hold on ... market seem bull...