I am not good in financial and technical analysis but I have a very good business sense. I can see Eversendai will be able to show good profit growth which is the most important catalyst to move up share prices. Just based on the current earnings, its P/E should be below 10.
The analytes from TA, The Edge and others posted articles with a target price of 74 sen. Since the site visit, the daily traded volume has increased massively. Yesterday about 11.35 million shares changed hands and the closing price was 97 sen. No private individual has so much money to buy so many shares. Only investment funds can buy in such big volume. I suspect they write to state 74sen as their target price to encourage people to sell to them. In the last few days, the price has gone up from 70 sen to close at 97 sen, an increase of 27 divided by 70 = 39%. I have not seen such a high rate of increase before. Have you seen a similar case before?
Business sense is far more important than FA and TA. I started buying Eversendai when both its FA and TA were not buying signal.
I trust you can understand me better and have learned a new lesson to make more money from the stock market.
I believe with one person influence he cannot shake off the market entirely. VS is a good example. Last year without KYY, VS surged from RM1.10 to RM2.50 level high before plunging. From here I can see that if we invested based on the company's fundamental, technical, volume, fund flow and business prospect, you will make big money in the long run. Currently, the market is cheap and good for bargaining. In conclusion, invest with informed decision and do your calculated risk reward ratio. Cheers!
Someone obviously has no $$$ to hold $38 m worth of Sendai shares now that his realised margin loss in JAKS is at LEAST( I strongly suspect it's more than the declared figure) 1.7X the former...
Sendai has been actually been rewarding to me...trading small lots short term in 2013, 2015,2016,2017 & 2018 even as the price downtrended massively since the IPO...earning almost $900 including the miniscule dividends.
amik ko ,parti PH... yang memerintah.. saperti yang di janjikan malaysia bangklap.. co bangklap.. sume talak guna...parti hampeh ,hapus gst , hapus untung..kunt nyiama hempedu ... mau telan itu hempedu ... banyak pahit ho ho ..lu suka lar..telan lo cukup cukup..byk pahit ho ho ..berpeluh huhh.
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....
somchik
1,238 posts
Posted by somchik > 2018-11-28 21:53 | Report Abuse
amik kau the curse of .... sulah siakap dun play play since last year..