But the price might further drop once ppl get their hand on the bonus right... so it will be smart to wait n buy during that time just my 2cents because im planning to average down too.
OWG has a resistance at 0.57. I have sold it out this noon. Not sure whether it can cross over the resistance. I will buy back early next week after ppl get the bonus.
@devi, bonus shares can be sold on the first day of ex-bonus even though it has not been credited to your cds account. Just contact your remisier to do the necessary.
So tomorrow the bonus shares will go into our CDS account and most of the traders think there will be massive selling. Very hard to say one. Sometimes it may go up instead of going down.
I dun foresee a massive selling tmrw coz d bonus issue is just 1/5 extra only. If u see closer, d share price did not move up much towards d entitlement date. So, there's really nothing to worry abt.
Big buyer is waiting , people sell that bonus ticket Come out , because when bonus come to account ,big buyer will got a lot ticket can buy and keep it to earn more :)
Muscle, actually today I am quite bothered by the high volume of sell queue where each bid got more than 1000(00) sellers. It makes it look just like Instaco (another CIMB recommended counter) where each bid got more than 100000(00) sellers. Like a heavy air plane that cannot fly high.
strongly hopping up slowly, does not matter if market is bad..looks like stock is getting higher demand from smart money funds.. nowonder PE is always high.. buying more then selling.. not giving a chance for the overbought condition to get diluted.. this shows CLEARLY THE DEMAND FOR THIS STOCK IS HIGHER..ANOTHER ONE IS MYEG
Jump in and BUY NOW lahhhhh..... Wat r u waiting for? Wait for d train to pass u by further until u only smell it's fumes??? Tis is almost a sure thing la... How good some more can u get nowadays?
If u buy at 2.83 when the article 'OWG - Building Tower Of Gold' was published on 12/1/2016, the price now is 3.24 including bonus ( 2.70 X 6/5 = 3.24 )
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....
Edwardlee92
24 posts
Posted by Edwardlee92 > 2016-01-13 17:56 | Report Abuse
The tourism industry is not affected by oil, will only make the tourism industry to earn more;)