believe or not? most tech stocks r still over-valued in bursa eg. new ipo SFPTech from 30cents to 70 cent! anyway, see how d Nasdaq n S&P 500 performed tonight!
While global market in red bursa auto red coz of global market, when global market getting green bursa still red coz of profit taking, no volume, most counter bearish and so many reason bla bla bla....
Those who got fm IPO (especially the 100M shares thru MITI) mostly sold happily for more than 100%+ gain last few days.
They could be waiting to buy back lower.
I think not much of tickets in the mkt (Boss holds ard 70%) while some funds n investors booked their position hoping to see UWC/Greatec 2.0, where returns were more than 10 times even after the recent plunge.
Let's C. Hope my retirement life later can have better meals than chicken rice
Changed my mind and sold all , the operator may manipulate the share price, fake buy and sell queue. Cnergen same case/ gang. Buy back lower and let operator to push for sell
Those who got fm IPO (especially the 100M shares thru MITI) mostly sold happily for more than 100%+ gain last few days.
They could be waiting to buy back lower.
I think not much of tickets in the mkt (Boss holds ard 70%) while some funds n investors booked their position hoping to see UWC/Greatec 2.0, where returns were more than 10 times even after the recent plunge.
Let's C. Hope my retirement life later can have better meals than chicken rice
Sfptech s organically and dynamically growth will be reflected during result shown. Hope SFPtech dont take off soon.
In short it's a boring counter. Mid to long term, their segment outlook and growth are promising.
0.670 entered 30% 0.540 enter 40% 0.470 all in.
Thats my plan WISH ME PICK SUCCESSFULLY
Market are dynamically and risky, Thus, measuring risk is a must. Strategy can be adjusted accordingly to the market sentiment and quantum in order to leap at optimum level or risk minimising.
Scary, after seeing so many failed ipo, some even below ipo price on opening day. Now this one still 100% premium over the offer price. Will it drop further or go up, this is the risk one have to take. How much is your risk appetite?
No one know if price will continue to drop to below 0.60 or go up. It all comes to how comfortable are u with the current price if u want to go ahead to invest especially in this time of economic uncertainty n the looming recession
I believed this stock was pushed to a very high price on the opening day before slowly releasing to the retailers n it may even drop to ipo price or below. The sharks are making a killing for every lot they sell, they make 100% profit since ipo price is only 0.30
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....
VenFx
14,784 posts
Posted by VenFx > 2022-06-21 12:54 | Report Abuse
Tomorrow may got chance to load at 0.630 boh ?
Today load moderately position.