Tango123

Tango123 | Joined since 2020-06-10

Investing Experience Advanced
Risk Profile High

An average risk investor but is willing to take higher risks if able to obtain informed tips to improve investments

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Stock

2020-06-30 16:02 | Report Abuse

Game over for those who sold. It's the beginning for those who hold. CIMB's TP is within reach. Thereafter, hope for the best.

Stock

2020-06-28 10:10 | Report Abuse

For the time being, pending any major announcements and the next release of QR, the counter is floating with many kinds of speculations. Those who are long term investors and believe in the fundamentals should ignore all the negative comments.

Those who doesn't have the stock but want to maximise their return will comment negatively to bring it down so that they can enter with a lower price.

For sharks, they would have sold above RM8 but are lurking around to wait for prices to move lower to accumulate and make their profits when the price moves up.

For IBs, they will revise their TP to bring the prices down so that their Fund Manager counterparts can invest to ensure they get at least 10% return to their funds.

There are many variables at play and don't be deceived by the market movements as it is normal for each and every party to exploit it for their own benefits. It's your hard earned money and you decide when to go enter and exit. As long as you meet your own TP, the rest are irrelevant.

Best wishes to all and may you profit for the existing uptrend. Be sure to protect your investments and know when to exit. Don't fall in love with any stock!

Stock

2020-06-26 16:46 | Report Abuse

Normally Friday always on downside as investors unsure DJIA performance. Those IBs recommendations are based on future earnings with their charting and candlestick tools that many may not understand. The gloves counters earnings were announced and most are within consensus and met the initial TP. Existing prices are already factored in.

For it to continue to rise, the next quarter reports has to be considered and only the company will know how they fare on current market demand for their products. Investors are kept in suspense on the sideline. If you have confident that Supermx meets your investment criteria over the longer period, no need to be alarmed if the prices go down. It's a normal situation as pundits take profits and cash out when their TP is met. If your TP is met, you may also want to exit and wait for it to reduce and then reenter again. Confidence is the order of the investment. Best wishes to all.

Stock

2020-06-25 18:35 | Report Abuse

OCR expected to announce its 1Q 2020 results within the next 2 weeks as per Bursa's requirements. It is expected to be profitable but not known how much is the PAT. Assuming it's rolling quarters profit is RM10 mio with PE 15 on normal rate, the price should be RM0.43. This is purely on its existing business performance.

If the market factors its ECRL project and the JV future earnings, the foreseeable years PAT will increase with the PE as well. The share price is definitely will increase but it's a matter of time. OCR has long term potentials but its fluctuations on short term are played by pundits who are out to make a fast buck. Selling and buying are normal in any stocks and no one can stop any speculations. It's a free market.

Those who has long term financial planning will be well rewarded. Imagine depositing your FD of RM100K for 2.25% per annum against OCR for 1 year. The latter will give better returns. Therefore, no need to bash each other and telling chatters to buy or sell. Do more research and you will be enlightened. Investing in shares is a long term plan, not 1 or 2 weeks buy and sell. This is call speculation and if not careful, you'll get burnt easily.

Stock

2020-06-23 19:59 | Report Abuse

Profit taking for the time being. After the selldown being absorbed, the stock may test the next level of 2.30 to 2.50. The report was from CIMB Securities. Most semicon business are expected to benefit with the migration to 5G

Stock

2020-06-23 19:39 | Report Abuse

They will always be the kacau daun fellows in any chat to instigate others to sell so that they can pick up at lower cost. If already sell, just move on, no need to tell others to do the same. It's their money and they know how to invest and deal with it.

OCR just made announcement on the project but haven't mention anything about the value. Someone has mentioned it but the actual amount will be known in due time. When it is known, definitely it will be a positive development for the company. They may realise the earnings in 6, 12 months or anytime later is for investors to support and determine the PE for the stock.

If investors feel they like the future earnings and expecting good results in the rolling quarters ahead, the price will ascend. Look at the semicon and gloves counters. They are trading above PE 50 and yet many investors still chasing them. It's the future value that investors are looking at. With the signing of the JV and project to build 25,000 homes in Pahang, the earnings of OCR will increase. How can investing in it be wrong?

Stock

2020-06-19 14:49 | Report Abuse

Profit taking is happening as some investors want to cash out but once the sellings are absorbed, the stock will shoot up. The follow up buying will push the price up to higher levels

Stock

2020-06-19 11:17 | Report Abuse

The Dato's word may come true after all. It hits 2.09 today. Hold on if you have the capability.

Stock

2020-06-16 19:28 | Report Abuse

Between now and Aug, there will be many ups and downs as occasional profit taking will happen. There will also new investors buying in. If you have the holding power and not enticed by the side rumbles, stay on course and you'll be well rewarded. Don't have to care on side shows. Treat the investment as FD.

Stock

2020-06-16 17:02 | Report Abuse

Some material announcement expected soon. That's why the stock soared. As mentioned previously, once it hits 0.45, the next level will be 0.50 and above. PER at 20 is reasonable for this counter. The PA will also rise according to the main share pricing. Hold on, the horse is starting to gallop!

Stock

2020-06-10 22:45 | Report Abuse

The technical charts seem to indicate a bullish breakout. If it can hit 0.45, it has a good chance to advance to 0.50 and above. Beyond that, it's anyone's guess.

It has projects in KL, Sunway Mentari, Tropicana and Kuantan. All of it are launched and waiting for sales to materialise in the short and middle term. Profit on the rise and it should do well in the next 12 to 24 months.

This counter has been hibernating at 0.25 since last year and it will benefit from the Government's announcement on construction stimulus.