http://megastockfolio.com/

I was reading about his current losses in MEGB. Yes, that lousy nursing-college, relying on PTPTN loans to survive and recruit students. Surprisingly, many ANALYSTS wrote good about MEGB last year. Yes, it has been a year or so I am following MEGB's news and its charts.

This blogger is brave as he shared with many his losses. So, I've placed a comment on his blog, hoping that he will allow me to put some comments regarding MEGB. It is not the first time I wrote about MEGB and wont be the last either. MANY investors lost lots of money in her(another one is JCY). I am sorry ... I feel saddened listening to these stories. I do wish I could help these cases.




http://whereiszemoola.blogspot.com/2011/09/and-what-about-promise-made-by.html

Moola's spoken about the "dishonest" statement made publicly by MEGB's CEO ... yes, I do write about that when MEGB hovering around 1.80. In fact, it went down to 1.60 back then before CEO making the statement that MEGB is cheap and indicating that he will buy more into the stocks. That piece of news is the LAST STRAW for us to know that it is going DOWN. Seriously, I do agree that BM or SC should check on such statements being published in media. May be the CEO could write it in his own blog, instead!!




MEGB jumped from RM1.60(17th Mac 2011) to RM2.40(8th April 2011) level due to his statement??!! When did he made that statement, actually?

I am teaching my 'turtles' that is a SELL signal. THAT is sell due to technical and 2.40 is overhead resistance, anyway. That is a SELL due to huge buying coming in!! Yup, I am teaching them to be contrarians!! We dont jump into moving wagons, that is high risk. ALSO, with a statement from CEO as such, selling news, it is time to EXIT. This is news-analysis(NA) I mentioned.

How do you teach these 'signals' to novices and newbies? Look ... you need to READ a lot and have the experiences in markets to gauge the directions. For MEGB, a down-trending stock, it is OBVIOUS that something BAD is brewing behind those accounts.

Actually, before that statement made, investors SHOULD have been wary of MEGB. I will use MEGB to share with my turtles on what danger signs we should look for ... as we are traders. We need to execute our stop-loss too.


http://klsewin.blogspot.com/2011/01/is-megb-still-worth-to-invest.html

http://klsewin.blogspot.com/2011/09/management-integrity-lesson.html

http://nexttrade.blogspot.com/2010/09/megb-showing-way-downward.html : Alex Lu written about MEGB too.

http://klse.i3investor.com/servlets/ptg/5166.jsp

I googled for MEGB ... I found this piece from a forum : http://www.investlah.com/forum/index.php?topic=11799.0 Forum is the LAST place an good investor should go.


http://www.tradesignum.com/discussion_1531_megb-corrects-itself-fair-value : Found this interesting conversation in trade-signum's forum. These are things you will hear from forums - I advised my 'turtles' NEVER to go into forums, otherwise u might corrupt your mind. We do not need those, we already have many broker houses' reports to deal with. Spare us the noises.

http://1-million-dollar-blog.com/masterskill-fair-value-target-price-compilation-dividend-yield/ Yes, it was painted with many good news and optimism.


TEH