@newbie128 yes indeed.......IPO $0.81 to $4.49 is up 454%.....it may go further never know but the higher it goes the harder it fall so.........invest at your own risk.....lol
INARI 6 years low was at $0.60 then went up to highest $2.54 that only up 323% but this UWC is way crazier
MYEG highest $3.03 crashed to $0.655 in 4 months time down 78%....so be aware of these risk before you chase stocks.....don't kena already only "kowpeh-kowboo" nobody can help you they only laugh same like GooShen did after stock crashed........lol
I'm not asking you guys not to buy just enlighten you abit about the magnitude of this stock.
sometimes you need to get off the train just let it run see if that ride will become the final train ride before crashing.......if you're on board you would have been part of casualty and wasted your time making so much money and never get to spend them......lol
to me this monday reaction to coronavirus is a warning sign for general market. i'm no talking about UWC specifically just a general overall market term
@trap666 you will know after bonus what is after bonus crash means.....prices can come down faster than you think depending on how you see it. It's double edge sword. Will explain after bonus if it does happenI'm sure many other should know. :)
@Yu_and_Mee i never predict in a way like some ppl i.e this & this stock will reach this & this price....i can only guess or use my over 20 years of experience in stock market to make an overall market guess not specific stock. if i can pick exactly which stock and which price i would be rich right??....anyway just telling you guys only.....BTW correctly predict the first day and wrong for 2 days is not very good explanation........I would say correctly predict the first day and selling at profit at any day is a very good prediction if not yet sell any person also not correct yet until they sell with profit.
First Round I bought UWC at $2.00++ sell at $2.50++ (abt 25% profit) Second Round I bought at $3.22 sell at $4.07 (abt 26% profit)..................as long as anyone say they made profit he will never be wrong......good answer?? lol
Now looking for Round 3 if there is one....not sure yet
ride the trend. as long as the trendline not broken, just relax. but if you are a very long term investor, then keep this stock in the fridge.for me company involved in technology sector are worth to keep.
If you believe in the long term prospects of a counter, it is wise to trade on a small portion like 40% of your holding and keep the other 60% for a longer term like 1-2 years. As you go along you would still make some realised profits. You will be happy all the way!
@Yu_and_Mee I think this counter "maybe" just maybe have been cornered so you could make alot of money as it goes up higher......if I hold i would have made another 20% extra maybe it's not my money.......congrats to you and good luck!! :))
IPO less than a year but valuation takes over Inari and Globetronic, dont get the newsflow overflow your head, go back to fundamental. It can up for many reasons and can plunge with many reasons.
@jjkian1 sometimes market can get pretty irrational. when investor chase after stock it can go parabolic like hockey stick until the music stops we just never know when it will. Remember HWATAI, REPCO, UPHB back in old days?? investor come and go very fast it's whether you will be here in 10 - 20 years time or not....lol
It's a good stock but valuation too high in a fundamental stand point. Penta & Inari are both considered more high tech with technology reaching up to wafer level, whereas UWC is more towards CNC machining.
@Yu_and_Mee think I found another UWC but not confirm yet (just bought this morning) will wait until it goes parabolic then only I make announcement here.....lol
@KawKaw many investor from that era run away from paying contra losses......not that i side with remisier but these investor when make money they happy but when lose money all run away. terrible!
@Yu_and_Mee cannot tell first la......if go up I'll be hero but if suddenly crash ppl here lose money will say i'm bring them to holland......i don't want to look bad here on i3.....so sorry my friend :(
Even Vitrox has been listed for so many years to become a star technology counter today, what is UWC? Warren B. says never invest in IPO because lack of track record. Today UWC is frequent on top turnover list, local investment veteran told us, don't go to the stocks with high turnover and volume.
@jjkian1 it's pointless to enlighten the public on this matter. i agree with you on that. How many ppl as smart as you or Warren Buffet?? Not many, Generally retailers investors have herd mentality they are irrational. Market will always be irrational as long as there are money to be made. I don't think you can win this argument as long as this stock keep going up. Human by nature are greedy if you're not greedy you're not human at all. You should be thankful if it wasn't for human greed this stock may not have come this far.....lol
I am just 24 years old and not smart, I know investment head of local big funds, they are lots more smarter than me.... By the way, corporate earnings will guide us the base of price rally, maybe its EPS really can up 40% in next FY? Maybe I am wrong as well
there are big changes in the electronic industry supply- chains currently underway, while many taiwanese-China factories unable to operate due to coronaVirus epidemic.our Malaysia manufacturing companies are set to gain from this situation.
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....
Clear1691
56 posts
Posted by Clear1691 > 2020-02-06 09:01 | Report Abuse
open higher at 1.19