Yup will rebound soon, never worried once since months ago. Just hold for mid or long term (depends on your own strategy), swing trading for solid earnings and balance sheet companies like BCM
18,945 views|Jun 16, 2020,03:55am EDT Dow Jones Futures: Investors Hope For Trump’s $1 Trillion Infrastructure Proposal; Coronavirus Stock Rally Back With A Vengeance
Dow gains 527 points as historic retail-sales rebound spurs economic optimism Carmen Reinicke Jun. 16, 2020, 04:06 PM trader happy thumbs up approval Reuters / Kai Pfaffenbach
US stocks surged Tuesday as investors cheered a record jump in monthly retail sales and reports the Trump administration is preparing a $1 trillion infrastructure proposal. Domestic retail sales rebounded 17.7% in May, a record increase that more than doubled economist estimates. Tuesday's climb extends gains from the final hours of trading on Monday that came after the Federal Reserve announced it would begin individual corporate bond purchases. The so-called reopening trade also surged Tuesday, with airlines and cruise lines gaining.
Re-enter at 0.240... after saw yesterday announcement declare dividend... ya.. very low dividend but as current market nowadays company able to propose announcement dividend believe quarter report will be good and not so bad... let see believe this week QR will release soon...
BCM ALLIANCE BERHAD ("BCM" OR "THE COMPANY") - Proposed Final Single-Tier Dividend in Respect of the Financial Year Ended 31 December 2019
The Board of Directors of BCM is pleased to announce that the Company has proposed for the payment of a final single-tier dividend of 0.10 sen per ordinary share in respect of the financial year ended 31 December 2019. The declaration of the Final Single-Tier Dividend is subject to the approval of the Company’s shareholders at the forthcoming Fifth (5th) Annual General Meeting of the Company.
The dividend entitlement and payment dates will be determined in due course.
Boringguy LOL... SCOMNET declare dividend limit up... next will be BCMALL?
Dividend just pocket money...unless you can have @>12%...DY...then your price had a huge margin of safety. Company earnings growth is the main catalyst for value appreciation. Looking at its past three years...its earnings growth had been phenomenal...present price still not yet priced into its future earnings growth...and I think many Investors are waiting anxiously for its coming...QR...so looking at current markets demand n supply n its business model... BCMALL...should be selling at present PER of...25x... that's...@>0.30...Let see how Mr. Market will react to its future earnings growth, plus its above average Dupont...ROE...Be patient...Good Luck everyone here...!!!
yup agreed.. let mr market decide the next move.. yup i believe bcmall should benefit during covid time... let hope the next QR report performance... hopefully will out soon then market will decide the move..early bird always have good meal... xD
somehow bcmall is linked to healthcare counter. supermax warrant expired this friday. price is pressed down. topglove management performed share buy back so i think it is good. it's a matter of time this will fly. today is just retest. chance to collect low. once it move up, hope it will fly.
Bursa M'sia - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS BCM ALLIANCE BERHAD ("BCM" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME ("PROPOSED ESOS")
Homily chart analysis showed that banker chips remained low at around 31%, meaning to say investors are holding less onto their shares. Meanwhile, there are still plenty of locked chips at around 36%, meaning that there are still strong selling pressure from retailers, which explained the subdued price. However, Stochastic Oscillator showed that the stock has crossed upwards from oversold position, which mean that a reversal sign is confirmed. Once a golden cross is formed in the next 1 - 2 days time, this will signal an upward price movement very soon.
@moneygamer, thank you for the thoughtful analysis, we need more people like you to support this counter and provide a bit of assurance to other fellow players
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....
geary
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Posted by geary > 2020-06-16 19:43 | Report Abuse
Beijing cluster...!!!
https://www.bbc.com/news/world-asia-china-53054388