My Trading Adventure

Crashed Sector (AUG19) : Properties

CP TEH
Publish date: Sat, 10 Aug 2019, 06:24 AM
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.

Quiz : Is the property sector bottomin out in 2019? If so ... why not invest in property stocks?

property-index chart


E&O (NTA 1.40 and PER 18.80, Market Cap RM1.173bil) : reaching to new low .. at around 80cents level now.


Ecoworld (NTA 1.49 and PER 12.86, Market Cap RM2.297bil). Hit new low at 72cents this week but closed 78cents to form a 'hammer'. Reversing from here?



MahSing (NTA 1.45 and PER 8.28, Markt Cap RM2.173bil) : at critical level of 89.5cents ... will it breaks to go lower?


6.20 am .. time to rest zzz and to wake up later for a class. Will update in noon or night. check my blog for updates : https://cpteh.blogspot.com/

TEH



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

RainT

other than crash and crash

what else u know ?

2019-08-10 09:00

Wing Tai

Nice of u to highlight those crash counters. How about LCTITAN ,Sifu?

2019-08-10 12:38

DickyMe2

This sector needs more cleaning. Need to severely compress price downwards. Too many thieves with politcal connection.

2019-08-10 13:57

7300

ya,the faster n deeper crash 50% now,maybe only the next 5 years it will satbilizes,oterwise another decade.........how can pay bank loan, peoples cant afford ,just barely enuff for foods

2019-08-10 14:05

bursatrader2018

selected property stks above can be short term bargain hunting buys, during selldowns at their intra day lows ,
but the property sector looks likely to be in the doldrums until the Msian economy recovers, perhaps in 3-5 yrs

2019-08-11 22:35

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