@captain I really don't know, I bought it at 0.34 and intend to give myself 6 months for this counter to run, hopefully to 0.60. I will adjust the stop loss up along the way. How about you?
There must be somebody behind to move any stock. There is no magic that a stock can move by itself especially during dull mkt. As long as he and his followers make money ...why not? He should be proud of it.
@TrincyLim Go along with your stop loss. However, you may want to secure some profit as you are now making some good $$$... You got some 300 lots right?
@traderman @trincylim Heavy Resistance shown @ 0.370 & RM0.385 The counter need to breach these 2 levels before can reach the heavens of RM0.400 Let us hope today will have another Higher HIGH @ 0.390... :D
Why so strange one this counter? Spending the entire day eating up all available @ RM0.370... Then during closing, suddenly threw down RM0.365??? Any rational explanation for this action? T4 disposing???
it's a dull day but i think the bull is taking a break. I;m heading to CIMB Tropicana on 25th Sept to learn more about the potential growth of the company. a bit nervous.....
Lei jun, by the time you see pasukgb start to earn money , the price should already 70 cent ... And if you buy that time, you deem to stuck at it unless it projected to earn more earning from there ... Good example is alam. Last year is still a penny and loss a lot money ... This year start to earn money but price always 1.5-1.6 ... Not really moving ... Because factor in the earning already ...
mcloh, i dont know pasukgb will earn money or not as i not insider of pasukgb, as a retailer, we only can read news and chart, then react to it ... i just making assumption the current play up of pasukgb could be the insider knowing pasukgb will have positive earning in coming quarter due to new investor bla bla bla ... i just giving an example on how insider push up their share prior to the earning turn around ... inari, gtronic, alam, perdana, knm are all good examples ...
@trincylim Which seminar are you going to at CIMB Tropicana? The Pasu Khas corporate presentation on 25th Sept has been postponed until further notice...
@WongHY I wrote this few weeks ago regarding why I bought up Pasukhas and I just copied and pasted here. Hope it answers
"I'm new here. Attended a Chinese talk and they mentioned Affin, CIMB , and HwangDBS are in full blast mode promoting it and there must be a reason they are so confident of doing it. I read that Pasukhas is aiming for mainboard listing and looking at their current financial situation, they need a big turnaround in order for them to do so. Do the banks know something that we don't know as a retail investor? Who did the directors offload the shares to via direct business transaction? It's 10% and nothing has been mentioned about the buyers. Are they really that important that they could bring in new business that the director are so confident that they could go for mainboard listing in near future. Or are those strategic partners that can bring Pasukhas to another level? "
Another reason, Pasukhas has a healthy cash position with RM13m as at latest quarters and they are arranging for a big chunk of loan with one of the banks. Based on the analysis of my sifu, the only reason they need so much cash is to work on the next project and it shows that they are very confident they will win some of the projects under their RM600m tender book and that's the reason banks are willing to lend them and of course, with the recent 10% offloading of directors shareholding to the strategic partners, it shows that they have started the necessary step to work on the next project with the right person.
I mean it's purely my speculation but if banks are willing to promote them so aggressively, it only means that they are so confident Pasukhas wouldn't lose investors's money and they are very comfortable to promote Pasukhas to people like you and me. Bear in mind, CIMB and AffinHwang are the biggest two investment bank in Malaysia right now and that speaks for itself. They must have known something that we do not know and if you asked me what are the things, I really don't know but I'm in. It couldn't be that wrong. If I wait till the moment they announce they have a new project, the price would have shoot up, to 0.50-0.60 cents. I don't want to be a late comer and I'm very confident something BIG is coming .
My remisier said its T3 today and he is selling some for other clients also. But majority he has a lot more clients waiting to go in and many have picked up. My account is with OSK.
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....
kenacks
200 posts
Posted by kenacks > 2014-09-18 18:03 | Report Abuse
@traderman - Good Trade!!!
I went out for some excursion and boom it dropped!
Aikssssss... so painful... Haihhhhh