IF 70% of 0.250 Parking are eaten by 5:00PM., next Tuesday will be another Long March UP. Bcos 4Q22 is predicted to be Good. Very Good compare to pre-covid Qr. And results Out will be around 22--24 Feb ( usually Good results fly out faster than normal Qr )
Yes true. USA in deep sh!!t trouble. Facing us$31.4 trillion debt default. Their own US Treasury Secretary, Janet Yallen warns of financial crisis if USA defaults on debt payment. (Us$31.4 trillion equal to RM134.6 trillion).
Better observe carefully. Don't fall in love with your stock..situation going to be bad. Possible Take profit first and reduce your stack, keep minimum as possible. 2c
A little boy was walking down the road when he came upon an old man trying to catch wild turkeys. The man had a turkey trap, a crude contrivance consisting of a big box with the door hinged at top.
This door was kept open by a prop to which was tied a piece of twine leading back a hundred feet or more to the operator. A thin trail of corn scattered along a path lured turkeys to the box. Once inside the turkeys found an even more plentiful supply of corn. When enough turkeys had wandered inside the box, the old man would jerk away the prop and let the door fall shut. Having once shut the door, he couldn't open it again without going up to the box and this would scare away any turkeys lurking outside. The time to pull away the prop was when as many turkeys were inside as one could reasonably expect.
One day he had a dozen turkeys in his box. Then one sauntered out, leaving 11. "Gosh, I wish I had pulled the string when all 12 were there," said the old man. "I'll wait a minute and maybe the other one will go back,"
But while he waited for the twelfth turkey to return, two more walked out on him. "I should have been satisfied with 11," the trapper said. "Just as soon as I get one more back, I'll pull the string."
But three more walked out. Still the man waited. Having once had 12 turkeys, he disliked going home with less than eight. He couldn't give up the idea that some of the original number would return. When finally only one turkey was left in the trap, he said, "I'll wait until he walks out or another goes in, and then I'll quit." The solitary turkey went and join the others, and the man returned empty-handed.
Moral of the story: The analogy to the psychology of the normal investor is amazingly close.
STOP COUNTING TURKEYS AND GET RID OF YOUR LOSSES..
latest TP from HL is 29ct but this fact king stup!d kenanga give 0.16 ct ! remember last time this fact king stup!d IB gave 8ct TP ! follow their stock call and dumped shares one would have cursed this fact king kenanga to hell loh !! lol
Base on 25cts and 190mil profit, the PE is only around 13. For a company expecting increasing profit for the next few FY, the PE should be higher. Look at MrDiy, it's PE is around 40
Velesto is in a sweet spot right now. Rigs in short supply. Worldwide utilization already 95%. Just like when gloves in short supply we all saw what happened. Now rigs in short supply... and Velesto is the only prominent local player. So, just enjoy the ride.
the research from Kenaga is just rubbish, few years ago I entered stock market, and buy and sell based on your advice, you guess what, I have been losing RM 500,000 in total (including those opportunity upside). Then I do not trust their advice anymore. and closed down all account
Those who listen to KNG advice to sell velesto at Rm 0.08 last September, are again crying now, and should close their KNG account, you know what, from RM 0.08 to RM 0.24, how much you lost in your gain
If I'm extraordinary lucky then changes to collect as lowest as 16c is practicable...Kenanga dream will come true. Don't scold Kenanga bcoz they just do the research only, actual power in our hand. As I said earlier, don't count the turkey..be a smart investor. hahaha!
Thanks for comment, @macgyver11, Velesto is unlikely to back to RM 0.20, I guess EPF should be buying in already, not sure when to disclose, from all the volume and trend, I can see someone is buying, that should be EPF, we would know in few months down the road. Disclaimer, this is my guess, just for reference.
Don't worry oil will rebound again after minor correction but for sure Velesto going through price consolidation ( price correction )...base-building period. Mr market give you TP 26.5 but no body interested. Those who sold recently now waiting like hungry lion to collect back at correct re-entry price. Let see what mr market give us 2morrow, up or down..either way I'm gain.
Q report will be announced on 27th Feb, finger cross & stay tune for result that will EXCEED expectation or CEO give a optimistic outlook , then only share price can fly further !!
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....
Bon888
3,375 posts
Posted by Bon888 > 2023-02-03 10:55 | Report Abuse
Expecting new contract reward for Naga 2, 3 and 6 in Q1 2023 or Q2 2023. Keep goreng it, sampai crispy.