8wpwtm. I can buy and sell by using supporting n resistance line but I didn't do so. As I told u earlier, it's resistance is 2.50. Owg has touched 2.50 two times. In past, I use supporting n resistance as short term strategy. Now, I prefer long term strategy especially I will choose companies that have new projects.
Pls don't take supporting n resistance at exact price that I mention. It is for reference only. Normally I will +-few cents for safety purpose. Nobody can estimate d price. Sometimes price can do u-turn B4 touching supporting or resistance.
Any negative issues will happen next week? Seems price of a lot of good stocks dropped due to heavy selling down. Some of it even have good earning result in this week.
"Only World Group Holdings Bhd (OWG)’s shares spiked by as much as 10% today, just days after CIMB Research said the stock of the food and beverage and hospitality provider could be worth sixfold in five years’ time."
For its coming trend in short term, pls look at its technical chart. Since I have sold out all, so I don't want to comment much as it will influence your decision.
"I think it is no point to put up any portfolio, the market is very bearish. Even good quarter result stocks like Hevea, Chinwel, Luxchem and FLBhd, the price is still dropped after good quarter result announcement." by Ooi Teik Bee
Dear Johny Khong and Robert168, What do you all think of OWG? Even good results, the price still drop?
did anyone ever ask why ??? OWG have the "special" licences to operate F&B at genting?
have a check on history. Both company boss have the relationship, both of them owning piece of land at ampang. basically tan sri owning 15% and dato owning 55%.
based on this, I would say both of them knowing each other. have a check on genting. what is happening now. with the new theme park. do believe OWG will benefits from it.
off course Komtar will be another profit generator for OWG.
Genting + Komtar, do believe it will push up the price of share. just about the time.
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....
8wpwtmt8
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Posted by 8wpwtmt8 > 2016-02-25 19:34 | Report Abuse
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