LOL, the market is like this, everyone can write their own report and don't expect the share price to keep flying, because the whole stock is not controlled by 1 man, so many hands behind.
I've seen so many bullish report on gloves and yet gloves tank so much last month? why? can be explained? This market taught us don't listen to anyone, don't listen to some bugger on fb smoke cigar shout buy calls, or sit MACLALEN shouting buy call or some old uncle shouting buy one day supermax and say supermax shit the next day. DO OWN JUDGEMENT, if what "they" say make sense, then buy, if not don't buy. Simple. You got see top glove continuously go up one? never take breather? or drop until underwear also gone kind?
"When this article releases, and PP, PE and Butadiene prices shoot through the roof, it should increase to somewhere around RM2 to RM2.5 by 31 October 2020 as market now anticipate the strong projected profits."
Did not expect it drop so much until all shaken and painful and murmuring. But if Q3 report is excellent than everyone chasing again. My own opinion is wait......
Aiks when Choivo release the article it's only 1.84, even if you didn't catch it then , ard 2-2.19 a lot of chance, why didn't you buy then? How can blame him now leh, at the end it's your own call ma.
Those who blame Choivo. When you make profit, you don't give Choivo a single rewards. when you lose, you blame Choico is cheater. Really no brain and IQ of 3 years old
chill bro, 8 days to go. such a big identity company can't always shows they in the red, as they got stakeholder to report too. If earn give a clap to CC or any shi fu that share the data. your money your own responsibility
I was keeping this for a long time before the last quarterly results were out, rollercoaster ride keep going up and down wildly. When the results were out, straight waterfall down from above 2+ all the way down to my cost of RM1.70+ and went down somemore...
when choivo says supermax asp cant last, his lctitan price cant even last one month, somemore peg to 10x earnings peak, come on la choivo, stoppping conning people, the big picture is there are just too many petrochemical supplies coming up, long term structural downtrend!
Ppl who write blogs to promote shares are doing for mostly own benefit so dont blame them coz they obviously have a position. Some of them share with you, but hope you support the share price coz they also have an interest. There are 3-4 ppl who were suddenly promoting LCT the last 1 month, one of which also promoted XOX before.
Secondly, for those who have been in this particular forum long enough, most of the info given the past 1 month was recycled or previously mentioned here so its mostly nothing much new. We knew Q3 would have good I shared this because I consulted my Sifu in the plastic resin business who gave me guidance on pricing / margins etc.
In contrary to what they were telling you, my conclusion of the run up was purely retailers from the 3-4 promoters as if you really analyze the total volume and if you look at the ticket size of the purchases ( from 1k to 10k shares ), you would agree its definitely not funds buying.
So this comes the part whereby why I decided to sell 1-2 weeks ago. If results are super, will most ppl here sell if :-
-limit up -no limit down -selling pressure
my conclusion is yes for all the 3 scenarios, so why not exit first as there are limited long term holders and ill will return will all short term holders have left at a lower price.
If some of them has misled you, it could be not because they had intention to deceive you but that perhaps they themselves didnt know.
If TP is promoted at RM4, u better take profit much lower such as RM3 or lower. Be happy with whatever profit. Look like it is going lower and lower. Ha ha, sold all at RM2.5
Not mistaken, same pattern happened before 2Q results out in End July, price was pushed up from 1.50 right up to 2.4 and then quickly fell back to 1.60 to 1.70. Not sure why but it did happen.
heard that lotte has poor governance is it? fund managers got bad perception as the moment listed up then got fire? anyone knows about this? am new to lotte but wondering if korean company got any difference.
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....
Yvonne56
21 posts
Posted by Yvonne56 > 2020-10-22 12:31 | Report Abuse
Hope it Rebound! ! Got con by Choivo.