My Trading Journal

BPPLAS: A Hidden Gem?

blackmeow
Publish date: Fri, 20 May 2016, 09:52 PM
blackmeow
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A place to track my thoughts and ideas in trading.

Please feel free to criticise and comment but no flaming ya =)
Following Message

BPPLAS: Quarter result released in the afternoon and it shows a very good growth.

 

During Noon opening, the price shoot up all the way to 1.61 and closed at 1.60. Thats a massive 8% profit in a day. This shows that buyers in the market are tend to trade irrationally according to ONE quarter report's result only. During this season of announcement of the quarter report, you can observe some companies announce bad result, then the reaction of the markets send the stock price all the ways to south. Most recent example, TAANN.

 

However, for BPPLAS, it is a different story. 
The quarter result improve quarterly from the past few years and their dividend payout never disappointed their shareholders too.

We would like to invest in a company that put their shareholders profits as their priorities as by doing so it shows to the people that the management is GOOD in managing their fund and hence worth you and my own money for the investment! You will not want to buy a company that do not manage their fund properly and burn your money!

 

Hereby I attached the past dividend payout chart of the counter for your reference.
 

I bought at a higher level @ 1.60 during closing time today.

Lets observed that the support level of 1.45 will not break and CUT LOSS is set to protect my capital from being burned or stuck for a long time.

 

 

- Blackmeow -

 

 

BPPLAS (5100)
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Discussions
2 people like this. Showing 3 of 3 comments

i4investor

Buy on rumour sell on fact...even is good fact
Good.luck.to u

2016-05-20 23:15

Up_down

this stock stages in the other way round. Sold on rumour buy on facts.

2016-05-21 10:42

Apollo Ang

ta ann before release results already down. insider trading,sc mata buta

2016-05-21 19:56

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