DIlbert118: Not sure, can try read my comment above? Rebound not likely in short term but medium term?
The hope is in improving quarters post MCO, management's aggressive new business venture, past track record, and the final one is emergence of a new big shareholder.
Haha don't get me wrong, I bought this because 0.37 resistance broke earlier and BCMALL is one of the laggard healthcare counters with quite ok fundamentals.
Then when price free fall past few days, a further look in company reports and announcements shows that this is a counter worth to hold and even average down further.
5c0160: That's fine if the price rise again next year or so. Most important is you win at the end of the day. If you win by jumping here and there into speculative counters based on rumors/news, then congrats to you as being one of the rare ones!
@sting79: Thank you for ur answer. I will continue to hold & average down if the price go further south. Hope the market sentiment will be better next week. If it rebound, hmm ... don't think it will reach previous high, 0.4c that soon
I think there is no sharks playing this counter that's why its moving range bound. Probably the directors not agree to do artificial push up. Maybe the director's don't want such a thing. So if you expect artificially manipulated limit ups, I think you won't find at this counter. This counter is for investors looking for a long term genuine investment, Essentally it will be a boring counter but a steady and well managed company.
We got to salute the way sharks set master piece trap at this stock.....just like a set piece in taking a free kick at a football match.....when bilis rushed in they nicely placed the ball in the GOALLLLLLLL!!!!!
If there is any sharks here , they are only small independent ones, that's why the price didnt fly like other healthcare biz counters. And the correction is also mild. But we dont know whats in store for the next round. Looks like JF is eyeing this counter with much interest.
Many many stocks in deep red sea, opportunity to accumulate more. Must have a strategy which includes downside buying! At least that's how I usually win in the market mid to long term!
HarryPotter, so far u have given a nearest clue that BCMall will drop to 26 sen last Friday, 14 August 2020. How about next week 16 August 2020 to 21 August 2020? Kindly advise please. Thanks in advance.
Concern, bcmall is a well managed company with good performance and paying reasonable dividend. There are some not good people here trying to scare others. Just hold on like in a roller coaster, close the eyes when the ride is falling bcos after the bottom it will rise up again.
During the recent runs I scored limit-ups on Careplus, Ocncash. Esceram & Luxchem. Bcm may be my next limit-up , hopefully tomorrow. Peers pressures are pushing it up bit by bit these few days.
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....
lingch899
270 posts
Posted by lingch899 > 2020-08-13 17:21 | Report Abuse
Hope next week rebound