@superman can't do much, those contra players must be losing a lot. Volume dried up, last day shall be on Monday and things should pick up from there onwards. Where's dr. Nazri? Why didn't see him coming out to say some thing?
Dr. Nazri and Pasukhas already knew this will happen that's why the Pasukhas presentation at CIMB Tropicana was cancelled and Dr. Nazri from Affin has stopped promoting it. No seminars from Affin-Hwang as well. Do you still think it will rebound? Why the is Monday the last day before it rebounds? (If it ever rebounds again...) :(
My sifu told me buy when there's most fear, sell at most greed. 9 out of 10 are bearish here and I guess another 1-2 cents downward movement shall finished the downtrend. No matter what, the price rose from 16-17 cents to 38 cents, I guess it's normal pullback. Further, I believe there would have something solid that they are doing this roads shows. It's just a matter of time, banks are behind them. No insiders selling except to the strategic investors at off market. There must be a reason. Cant prevent people from speculating but I'm holding for slightly longer, I believe there will be another high.
Don't take my words, I'm new here. Just sharing my experience and personal analysis only. I found that's the way to learn instead of bashing and insulting. We can always make it a better place for us to share information and benefits from each others information, if any.
I might be wrong and losing at the end of the day, but I dare to pull the trigger instead of saying "I knew it," but do nothing. What's wrong of losing 10k-20k, right? We can always win it back in many ways and market are full of opportunities out there. Losing 10-20k wouldn't be the end of the day. That's my view
Attended my sifu talk this morning and he said " buyers are flushing out contra players and they said based on their calculations, they are still around 5m-7.5m shares due for T4 latest by tomorrow. those bunch of players are experience players as obviously they want to accumulate shares. They will come in forcefully again. "
he cited a few examples of similar pattern of Pdz, Sumatec, recent pattern of Ireka, which shall experience similar trend of Pasukhas before setting for another high.
Ultimately, the accumulation may due to a few reasons 1. Big contract, most likely from govt linked contact. 2. Major take over or acquisitions. 3. Strategic investors accumulating. 4. Joint venture deal.
I look into it and based on my studies on Pasukhas recently, I think big contracts and major acquisitions might be one of the big possibilities as 1. 3 years of mainboard listing (quoted by CEO on Focus Malaysia) ~ they need big chunk of net profit to achieve that as now they are in loss 2. They are diverting to construction sector and they have no expertise in this and high chance they will work with an experience joint venture partner. It might be a new entity jointly set up by both or someone is acquiring one or another. Very high chance as they have mentioned they wanna be the MAIN CONTRACTOR but they don't have the license. They need someone who has. So, don't be surprise if they acquire another company that has the expertise. 3. Their revenue dried up recently and definitely they have some other things to focus on that cause the diversion. 4. If you pay attention to Michael, the CFO's talk, he has hinted HIGH CHANCE for a few tender to be won. I mean as a CFO, he couldn't say we won it. high chance is a good way so he wouldn't be caught for releasing too much info. But he dares to come out and say and attended a few roadshow, it only means he is serious. 5. He mentioned the LANGAT 2 project will commence. 6. They are in a hiring spree. Can call to their office and ask, they are hiring.
Attended my sifu talk this morning and he said " buyers are flushing out contra players and they said based on their calculations, they are still around 5m-7.5m shares due for T4 latest by tomorrow. those bunch of players are experience players as obviously they want to accumulate shares. They will come in forcefully again. "
he cited a few examples of similar pattern of Pdz, Sumatec, recent pattern of Ireka, which shall experience similar trend of Pasukhas before setting for another high.
Ultimately, the accumulation may due to a few reasons 1. Big contract, most likely from govt linked contact. 2. Major take over or acquisitions. 3. Strategic investors accumulating. 4. Joint venture deal.
I look into it and based on my studies on Pasukhas recently, I think big contracts and major acquisitions might be one of the big possibilities as 1. 3 years of mainboard listing (quoted by CEO on Focus Malaysia) ~ they need big chunk of net profit to achieve that as now they are in loss 2. They are diverting to construction sector and they have no expertise in this and high chance they will work with an experience joint venture partner. It might be a new entity jointly set up by both or someone is acquiring one or another. Very high chance as they have mentioned they wanna be the MAIN CONTRACTOR but they don't have the license. They need someone who has. So, don't be surprise if they acquire another company that has the expertise. 3. Their revenue dried up recently and definitely they have some other things to focus on that cause the diversion. 4. If you pay attention to Michael, the CFO's talk, he has hinted HIGH CHANCE for a few tender to be won. I mean as a CFO, he couldn't say we won it. high chance is a good way so he wouldn't be caught for releasing too much info. But he dares to come out and say and attended a few roadshow, it only means he is serious. 5. He mentioned the LANGAT 2 project will commence. 6. They are in a hiring spree. Can call to their office and ask, they are hiring.
Yes,I have some... Also on NISHIN, KTB, TOP GLOVE, SUPERMX, KAREX and other small one. Pasukhas is the only one with potential big chance if you can tap on the current price, together with NISHIN
Did you buy Efficen? You must have earned a lot from Nishin. Nishin has been very bullish the past few weeks. KTB performed very well 2 weeks ago too. Top Glove is a high potential stable uptrend stock too.
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....
Superman009
71 posts
Posted by Superman009 > 2014-09-26 13:59 | Report Abuse
@trincylim: Pasu keeps dropping... so sad.