did you guys see at around 4.35,someone is collecting back and the share price jumps back to 0.53. 0.53 is a strong support level. from my experience the IPO stocks after listed the second day will gap up again and go up strongly. then after 12.30 will drop back. So you guys can queue at 0.54 then wait it shoots to 0.6 then sell if youre not greedy. But i think i should rise above today's high or maybe the same which is 0.65. Huat Arr !
They wouldn't let the price go too low as if not it would be very hard to push the price up again on next trading day. The company wouldn't want to disappoint investors on the first day of trading and bar code system is wisely used nowadays and even maybank is using it. You got to think out of the box where in future physical cash will all be replaced by virtual cash. So, I think the tp for this share is at its highest now. As every share takes some time or they need result to make the share up and not blindly invest because everyone is investing and could make quick profit out in a day. But I can say bar code is the trend now, this share is kind of similar to revenue.
U all are so ignorant. This is one way cunning businessman make money by listing and then u all stupid to chase higher thinking u could make a kill....but in the end u kena kau kau.
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....
NoobTrader88
527 posts
Posted by NoobTrader88 > 2018-07-24 15:33 | Report Abuse
Run now or kena panggang become satay.