the technical for OCK , especially the WA is not applicable because the volume is very low, and the value is so low that people with RM200,000 can skew the signal within the same day. It can only be traded over medium to long term based on the fundamentals. It is possible to ride on intra-week or even intra-day "buy low sell high" but you need to stick to the computer screen to do so.
What if Axiata do RTO of OCK via injection of edotco. Saves time rather than do the IPO, and instantly expand their presence in Vietnam & Myanmar. Their share price would double or triple from now. But not until Mr OCK tighten his grip via issuance of bonus shares. Axiata has completed few fundraising via private placement, and probably ready for a listing next year.
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....
Kkevin2625
256 posts
Posted by Kkevin2625 > 2017-05-04 23:50 | Report Abuse
Ang Ang eh market