My Trading Adventure

Buying at support : Myeg and Homeriz

CP TEH
Publish date: Tue, 28 Apr 2015, 11:12 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message
There are so many broken supports ... which one to highlight?

Penny-stocks many retracing ... after surging like crazy due to crazy-buying.


Myeg : Broken 2.43 support, closed the gap ... tmr hope it dives to RM2.15 to consider, at next support



Homeriz : Support 92-96 would be a good level to consider

Note : I have written about furniture-stocks yesterday at www.tratles.net

Low is getting lower now ... great time to prepare for shopping.

TEH
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Discussions
Be the first to like this. Showing 7 of 7 comments

calvintaneng

It's like this

The Path of money must be followed closely for true success

1) It started with Export stocks like furniture, electronic and rubber due to Strong Us dollar
2) Then it moves to logistic, plastic and others that benefited from cheap oil
3) Then when Govt lost Revenue from Petronas it implemented Gst. So buy Gst stocks
4) Now Govt prepares for Election and 11Mp. So go for 11Mp stocks that are linked to BN supporting States like Sabah and Sarawak.

To highlight Myeg (gst) homeriz (Export furniture) only now is a bit behind time lor. The market is moving ahead forward not backward.

So next time try to anticipate where The Path of Money flows next.

2015-04-29 07:36

Henry HO

To CalvinTan...
Thanks for yr write up on above...

What is yr view on TanChong? How could a well established Motor company like TChong down to RM3 compare to BJAuto trading at RM4??? Where is the logic???

Care to comments??? Thanking you for yr inputs...

2015-04-29 10:36

speakup

Tan Chong PE 17
BJAuto PE 15
that answers your question

2015-04-29 10:55

Henry HO

To Speakup

Thanks for the info...

2015-04-29 11:32

calvintaneng

Henry Ho

I was a car dealer for 20 years.

Nissan Sunny was a good and cheap to maintain car.
The Nissan Almera is cheap but expensive to maintain

As For Mazda even Japanese is voting for it.

The Mazda CX 5 has Top Quality both in Value and Economy.

I. Once own bought Tan Chong at Rm1.80 and UMW at rm2.40.
Today UMW Toyota is a Blue Chip over Rm10.00

In any case Tan Chong should do Ok as some will still buy Nissan Almera for its price.

2015-04-29 14:36

Henry HO

To Calvintaneng,

Thanks for the reply..
Looks like TChong is the cheapest Auto Stock in Bursa right now...
Could this be due to the disbursement of 16mil TChong shares annually for the past 6 years by TChong's major shareholders to his cousins????

2015-04-29 15:42

VIWizard

how bout press metal ? wahahaha

2015-04-29 15:57

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