any recommendation or advice to buy this stock, as i still new to stock market, what i see this stock is a good upward trend, any one can tell me if i was right or wrong? newbie want to learn here.
This is not an uptrend, most optimistic analysis is range bound. take note that on June 9 2017 there is a high volume TP, and when the price finally pushed back up to 0.9, directors sell off their shares in a rush. Unless you plan to be one of the major shareholders, here's a hint: Since 25 Sep, every week there is a lower price for you to buy.
Thank ZL and 2017win, i think i will keep watching the price movement and conduct more market research. if this is a range bound movement, since now the price is 0.78 per share, not sure it will drop below the channel or go upward again because of the issus of new share from the company boss. and since the beginning of this month, the stock price is actually going downward until today, there is opportunities to buy and win and risk to buy and lose.
Striker90, the top 4 holder already held 60%. If you want them to move they need to sell, not buy more. If they buy more then there will be no more liquidity, the stock lagi can't move.
I agree that more liquidity is good for the market to move, but it seems like the shares exhange with ACME SKY is unusual and the share dispose is purposely pressing the price low
Striker sifu, yalah,,, they got so much less from broadcom, but secure new customer to fill the big portion of the hole. now broadcom come back ,and they have new customers, and when broadcom stop ordering temporary due to merger exercise, now got to buy to stock up to certain level to smooth operation. broadcom come back with Avago... this time jia-lat already.
Do Broadcom signed any contract with FPGroup stated they are going to buy from FPGroup only and not other supplier? Can Broadcom change supplier? Looking at the product FPGroup selling they show in the website macam a lot of ppl also can do what FPGroup do ma. Some more the big boy sell after the positive announcement? So strange. If they say Broadcom come back then some more secure other customer. Business growing and buying DSSB will also increase profit right? Earning going be good and share price also be good ma. But why sell at 0.9 lehhh??? Why why why???Something is fishy.
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....
Rabbitmilk
118 posts
Posted by Rabbitmilk > 2017-10-27 12:29 | Report Abuse
How's this fpgroup performance ?