Nope cos didn't even see any support level after the price drop almost 20%... it has gone below LTAT average price of around rm0.86 for the 10% PP after BI... Another drop of rm0.05 will be at the cost price of PT Mulia owner before BI at rm1.10
yup still make profit, I hold since below Rm1 , feel sad have to let it go in such a way. Will consider to buy back if it plunge more, now below Rm0.7 already.
I sense you sell because you worry it will go below your cost. that's why quickly sell now. make one dollar is better than lose one dollar. What if the price rebound quickly above your selling price? how? buy back? or pray it go down?
Kukuman, I'm not able to time the market and I understand very less people able to do so. There are many different opportunities in the market, so the decision is to let go base on current market sentiment, I will not regret even it bounce back tomorrow. ;)
BAMBINO: There's always a buy/sell q no matter in what price range because that's the way to keep the price from manipulate by other party from certain party. I believe if you truly understand a value of the company and what they can deliver in the future then in your heart there should be a "price" that you will reasonable or even "cheap". to buy it. Of course, you should have a buying plan (in stages) or a certain amount that you would like to invest in this company. All the best to all that still with OCK. cheers.
thanks upx3 bro for the well wish. i hope i wont be stuck too long a time though.. all the best in your next venture bro.
Shacks bro, late depends on how late.. those who joined the party late like now.. nice.. very low.. but then again will it go lower?... nobody can answer...
I believe old man will come back. just need time to show its true worthiness...
matrix6050, thanks for your advice. I bought it 1 year ago so buying in stages is not necessarily at this moment. What makes me ponder is that the price keep sliding down without any support at all. Even now we can see some o&g companies are having some small rebound or price is being supported at certain level. During the time when penny stocks are badly hit, OCK sustained very well unlike now... moreover now they are in mainboard, with PP and additional major shareholder joined in. Sorry for the lengthy message, I am not the short term type of investor, that's why I am always curious and like to dig info where I treat it as long term learning process to sharpen my skill. So if anything happened to my investment, I will only blame myself and not others. Anyway, happy to see u guys coming in to share your thoughts. Thanks.
Big institutional investors with large amount of cash and credits, whose main purpose is profits are the ones deciding the price of this old man. Small retail investors have no control over the price and only ride on the wave, or get stuck in it.
So it's little wonder to me if this old man is slipping into coma and falling of the bed waiting for some adrenaline to pump in again.
Above just my opinion, based on the little knowledge I have...
Bambino..government is seriously running out of money due to oil price falling, I foresee many non critical projects will be put on hold. So watch out, the "1000 towers" mentioned in budget might not be materialized in short future.
USP 1000 towers if deferred, nvm... still got 1000 towers for operator mer... PT Mulia indon towers recurring revenue should be coming in a bit for Q4 report...
upx3 bro, USP is funded by operators... so gomen no money also ok geh.. unless they oredi korek and poket lobang liow.. lol
BAMBINO bro, good to know i have another company while in PenjaraBursa. long term investor. :-) I think the selldown is the fear factor of Oil price plus jittery markets... all want to keep cash...
zoom, yes I am a regular in Penjara Bursa. It's safer to be inside than dealing with sharks and crooks out there :) Also hope the revenue from Indonesia is not much affected by the downfall of rupiah. Anyway should not be a problem since its a completely new income stream for OCK.
Shacks, yes OCK shares are mainly owned by Aliran Armada, LTAT, Philip Cap, CIMB funds, Lion Global and PT Mulia owner.
lol bambino bro. Must make sure we fren fren with the warden and guards - hopefully with our good behaviour and conduct can release from prison early lol. - or at least on parole to have a lawatan sambil belajar to SC. lol.
Yup since its new income stream, should b a positive thing frm PT Mulia. Fingers crossed.
so kukuman this counter after give bonus issue from 0.950 drop until now 0.625 is can say this counter still alive ah? is u talk zero or woongchee talking zero, wait for rebound go to search www.waitlonglong.com la
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....
BAMBINO
22 posts
Posted by BAMBINO > 2014-12-10 13:09 | Report Abuse
ahdi, can share the source? With TP1.06, so far only rhb set that price but unable to find the above update anywhere.