Practice Makes Perfect

WCT - Waterfall!?

Chin Kok Tan
Publish date: Mon, 22 Aug 2011, 09:23 PM
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CK>> A sharp decline in WCT's share price after the announcement of quarterly results which was below most analyst's expectation. The fair value was cut and the share price was dipped.

Still see no sign of reversal, perhaps will dip below RM 2.50 tomorrow? (Anyway, Euro and US markets are finally in positive territory now, short term technical rebound as bear is taking a breath before continuing its journey to the South?)


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Be the first to like this. Showing 5 of 5 comments

cmlooi

Don't bet on it. Negative teritory is expanding.

2011-08-22 22:32

Ram Cheong

hope u r wrong . ..........

2011-08-23 02:51

cmlooi

Look what happened last night. DJIA went up at opening then came down. No ooomph.

2011-08-23 08:37

Tan Chin Kok

Haha, buy and sell with small margin... As long as enuf to cover today's dinner... Haha...

2011-08-23 08:47

cpteh

short term outlook - WCT might test 2.50 again. Do look at IJM and others in similar sector, then one may get the bigger picture. good luck. can I hv free lunch?

2011-08-29 22:07

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