Apa Kimlun? Belum mahu main lagi la. Lagi baik Fitters la, sudah start. Sales could be double this year. At least 3 q better yoy. Don't say I didn't inform you.
Directors sold because already know Q2 not as good as Q1? Or not enough share floating le..Uncle asks them to release some share otherwise shot too fast LOL
How much it can recognize from its project base earning coming q, I decided to quit at 0.615 base on its previous q's. My decision is solely base on probability cos I'm not insider. Insiders know better. They already made decision. Kyy like to gamble or he is waiting the right timing? Let's wait and see the price movement Thursday and Friday.
As you know, I have posted my buy recommendation. My senseless critics always said to sell when I call to buy. Now they are leaking their wounds. Those who believed me are laughing to the bank.
https://sgx.i3investor.com/blogs/really/33408.jsp
Even when I saw the directors and substantial shareholders were selling, I was not afraid to continue buying Carimin. Fortunately, the price is going higher and higher. I hope readers will take note of what just wrote. Koon Yew Yin
Uncle said you wait wait wait to buy at correction. But, the price kept moving higher. This wait for correction strategy can't apply to Carimin because good quarter result will certainly push the share price higher.
It is ok to have uneasy feeling because it is too easy to earn money till you can't believe. When Carimin touching rm2, scroll back what you have wrote. It will be a sad story.
Almost all the counters will be hovering in a tight range for few months or even years and traded with thin Volume , because the sharks want to accumulate slowly and to prevent contra players to joint in especially big contra players . Some counters especially small share capital , even if you buy 5k or 10 k , it will drop few sen and cool down for few weeks or months . When Carimin was traded around 0.28 - 0.32 , the volume traded was thin and they controlled the price movements . Unless you have multi millions and the share price you bought is far below the company's fair value , then the sharks and major shareholders have no choice , but to push up the share price in order to prevent you from buying or accumulate too much shares at the price below fair value of the company . Just like MR KYY joint in to accumulate the company's shares , they have no choice but quickly push up the share price . The sharks and major shareholders have accumulated a lot of shares below 0.40 and Mr Kyy could have collected from 0.40 - 0.84 , may be his average cost above 0.60 .
Uncle is not afraid of directors selling. I think he want to be Carimin director. So. Better the directors sold more for him to grab substantial shares... Hohoho!!
Once the market price is higher than the fair value of the company , they can just sell some shares to push down the price and kill the contra players . When JAKS was trading around 1.30 , the share price was pressed down to 1.00 to create a panic scenario and kill the contra players at the same time . Later the Jaks's shares price was pushed up above 1.70 . When Carimin was traded around 0.36 , the price was pressed down below 0.24 also . When the price is pushed up few times from the low of 0.36 , they have a lot of buffer or their safety margin is large . For example , if their cost of purchase is 0.60 and below and the company's fair value is 0.80 , then any price above 0.80 or even 1.0 , they can just Lumpur the shares to the retail buyers .
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....
paperplane
21,664 posts
Posted by paperplane > 2019-02-05 12:22 | Report Abuse
Kimlun not bad choices