Smart and value investors who have bought at below 0.20 have double the money.. Market investors are starting to jump in now when the stock is slowly approaching it fair value...
WCT has completed a nicely drawn out reversed SHS, pulled back to neckline on right shoulder, and broken the last local high in Nov 16. Target of 2.40 is reasonable.
Share distrubution and selling... Advise: Take profit and avoid at the MONENT...It is obvious that they are pushing up the mother to unload warrant.. These few days, the mother up almost 10%, but the WE still stay at price 0.375 on 30/3/2017 closing price.. This wave is seem to end soon..
Although I have 100% profit now but I still choose to hold. I believe more on TA. No doubt consolidation will come. If I sell it, sure I will not buy it back as it has been up so much. Importantly, wct mother starts to move up. I believe wct-WE will follow the step of mother too. Just may be the increase speed of WE may not be so aggressive as previous. Up is better than no up.
I am holding two stocks only now. Wct-we n fgv-c23. I am still waiting 3 announcements on wct. 1) quarter earning report in end april, 2) new projects, 3) restructuring plan
Still more projects to be announced in due course. I heard from a trustworthy source. This morning I was told about a award but was not sure about which project.
With new management on board, slowly good news will be coming 1 by 1 to push the price to >RM2.50. If not, why mr lim bought at rm2.50 from ex-director.
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....
nicky
3,356 posts
Posted by nicky > 2017-04-03 12:57 | Report Abuse
Hi... dare not simply commend .. or else people will say never do home work...