@Derrick, your point is certainly valid, hence why i was initially skeptical when his broker said RM3.80. It would have been unthinkable last week. Now I'm not so sure. Anyway, I shall try to refrain from sharing info from 3rd party in future.
Another advise as i do, write you daily log record or your decision making records. When feel uncomfortable or others reason , look back those record may understand why you make those decision at that moment. It works for me.
Sorry guy but not show-off ,previous profit had been more than 5 digit and i had been happy enough, recently price up and down 10 to 50 cents i don't feel anything, i let it flow.
Pecca engaged in several rounds of share buybacks a few months ago which led to ever increasing share price movements because of lower free-float. Obviously, companies do this because based on their evaluation the company is doing well (insider information). How can the investing public expect to be treated fairly when KLSE allows this kind of share buybacks?? As for me, I will boycott companies that engage in repeated share buybacks as it distorts the market. Among these companies are Pecca, TopGlove and Prestar. There are many more.
shares are changing hands now at around RM3.57-3.60. while people are scrambling to sell, some are happily picking it up. buy rate has been steadily increasing slowly but surely since this morning. Maybe they know something we don't? Maybe not. Whatever it is, don't feel pressured to hold, sell if you need to. It's your money, do what's right for you.
Relax lah, this company got fundamentals, net cash company, business it is doing near monopoly. Nothing like dataprp. Btw RM3.98 as I am typing this XD
wow, new article regarding Pecca and Transport Minister was at the launch of Pecca's surgical face mask. Seems like Pecca is gaining a lot of positive traction lately.
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....
flyguye
234 posts
Posted by flyguye > 2021-04-06 10:02 | Report Abuse
ok, so after grilling my friend a bit more for info, it seems RM3.80 is the target exit point as it's rising. No info on target price, sorry.