SKP Resources Bhd (SKP) is engaged in investment holding and provision of management services to the subsidiaries. SKP is principally involved in manufacturing of plastic products which is carried out in Malaysia. The Company's subsidiaries include Syarikat Sin Kwang Plastic Industries Sdn. Bhd., Goodhart Land Sdn. Bhd., Goodhart Ind. Sdn. Bhd., S.P.I. Plastic Industries (M) Sdn. Bhd., Sun Sparkle Sdn. Bhd. and Tan Brothers Business Machines (Segamat) Sdn. Bhd.
jtg2014qwerty mind to share how to know when skpres or wa already or near bottom. Thanks first!!
jtg2014Yes uchitech008 i guess you are right. Kenanga they just need to do their job....write....but 50/50 only.
qwertyHi motomoto, I was talking to uchitec that I m buying early to remind myself to take care of this stock, ie. not to let it escape my attention. But I have big reserve kept behind to enter at very low level, depends how low they will press it down. My assumption is 18sen will be the immediate support, but anything can happen. It is very important to keep focus on the mother share price. As long as d mother price is still in positive trending, it will be okay to hold d WA share. Once it breaks down (mother) I will be the 1st. to sell. Buy back again when d price trending turns bullish. Once an stock breaks down and in bearish trending, we may not know how deep is the bottom.
qwertyHi motomoto, another important factor for an investor is to know oneself on his/her risk temperament/tolerance. Normally I will set a -7% loss and set to cut loss. But if the stock is still in bullish trending, I will base my decision from what the chart tells me. When I see the price suddenly turn down, I will sell immediately. If d price is still trending to my expectation, then I will still keep it.
qwertyWe are actually real fund managers when investing directly into stocks. No one to control us to buy/sell. We must always take a professional approach while investing in stocks by ourselves. 1st. thing is to know the chart patterns, recognize bullish, bearish trending and patterns. Buy only good and bullish trending stocks. Do not buy any stocks, however strong it can be, if the chart does not have a pattern. To know a pattern you must learn how to view it.
qwertyHi jtg2014, to know any stock on reaching its bottom, it depends on so many factors and we need to use all available chart indicators to help us make a call. But to know the bottom of a bullish trending stock like SKP, then we can just refer to the immediate base when the MACD is trending very closely to the Neutral line. Better still use the daily chart for reference.
jtg2014qwerty may i know how to find the support price for skpres and wa. thanks! Like you say above 0.56 and below will cut lost. If mother share 0.56 how much will be for skpres-wa? Thanks again.
qwertyUsing the 3 EMA lines as the last level support for safe traders. Some may have bigger tolerance. At 56sen, the last of the 3 EMA lines is still supporting it. Any price lower than 56sen is considered a breakdown to me as an aggressive investor. WA is unpredictable with the so call exercise price revised upwards that is detrimental to this WA.
AbbyLOOTq qwerty. Holding YTL too long n only moving sideways. Will exchange. Thinking of replacing with either cliq-wa, skpres-wa or mulpha tom. Any thoughts ?