As expected, stellar Qtr results. And price movement as expected. the downtrend before Qtr. announcement is also evident in last Qtr. announcement. And the next thing you know, she's on the climb again.
History repeating itself. So based on that, i'm gonna assume that sometime next week, she is gonna rise.

It's due out i think by the end of this month i think.

my trading scenario with PECCA may be very different to yours. the bulk of my PECCA is long term investment. Thus quarterly profits affects dividend payouts.
A small amount is used for my short term/daily trades. I hope that makes sense.

On another note, @goody99 has valid points too.

@Genuinetip... sorry i didn't check back here yesterday. was too wrapped up in buying PECCA at low prices. The excitement i was referring to was yesterday's price drop. based on what i'm seeing & what little i know, an ADL divergence is developing signifying a reverse in price drop & continue rising.
We'll see how it pans out later.
The obvious excitement everyone is expecting is a stellar quarterly result.

standby for some excitement.... accumulation ongoing

thank you all who contributed to the selldown, simply awesome!!

that's it lads, keep selling, bring the price down & i'm queued & waiting :)))

There seems to be a concerted effort to push PECCA down with low daily volume trade. I guess some people really want to get in....

i hope it goes down a few more cents, then can jump in again :))

another wonderful morning, good time to get in again

@SpartanXoXo, no worries, happy to share. I'm also holding for higher.

there is a strong possibility it will rise much higher. Having said that, you should do due diligence. At the very least, read the last 30 days of post. It should give you an indicator.

lol....great minds think alike :))

RM4.65 by the end of the week may be a possibility

Standby for fireworks later this afternoon

looks like most people holding on to their shares, probably waiting for the upcoming news. Such low volume selldown.....

Good pre Raya sell down this morning, just need it to drop a few cents more :)))

lol........big boys sold at RM4.12 too....

big boys buying in at RM4.12, might be time to get in again??

It may very well break the RM4.50 mark this week.....

2nd time it's breached RM4 mark. lucky bought some at RM3.66

I'm hoping it will. Would like to buy some more...

possibly a good time to collect this morning?

those numbers for the automotive sector look good!

Sold some over RM4, now I'm queuing up to buy again :))

there you go, your perfect example of "Free" advise from @stingray_ea........

Advise is often given free, Good Advise is seldom given.

shares are changing hands now at around RM3.57-3.60. while people are scrambling to sell, some are happily picking it up. buy rate has been steadily increasing slowly but surely since this morning. Maybe they know something we don't? Maybe not. Whatever it is, don't feel pressured to hold, sell if you need to. It's your money, do what's right for you.

bordering on oversold...possibly another opportunity to buy.....

It's a healthy correction. I would say now is a good time to get in again as it makes it way up once more

@Derrick, no worries, it's all good. I'm holding on coz i bought majority of my shares averaging RM1.28, so like you, I too am letting it flow..... :)

@Derrick, sound advise there. Thank you.

@Derrick, your point is certainly valid, hence why i was initially skeptical when his broker said RM3.80. It would have been unthinkable last week. Now I'm not so sure. Anyway, I shall try to refrain from sharing info from 3rd party in future.

ok, so after grilling my friend a bit more for info, it seems RM3.80 is the target exit point as it's rising. No info on target price, sorry.

@Dongbei, i think you have done extremely well as you made a good profit. If we all have hindsight, none of us would be losing. Sadly, none of us do. Kudos to you.

friends broker may be right after all

looks like i may have to eat humble pie the way the price is moving....

i have my doubts though..

friends broker quoting him RM3.80. I don't know how far this is true.....

i re-entered back again at RM3. it almost certainly looks to surpass RM3.10 in the next few trading days. Fingers crossed.

with Proton & Perodua doing fantastic figures, Pecca's quarterly results could be a massive plus

the push for RM3 & above is heating up! i think some information is beginning to leak .....

@EarnMeal, ok fair enough, i'll respect that.

@EarnAmeal, how about sharing what this news announcement is all about?

Anyone noticing this odd buyer picking up 9 lots multiple times? This sort of pattern of a unique buy of lots (other than the usual number of 10's, 20's, 50's, 100's, etc) happenned a couple of weeks ago i think just before the price shot up....hmmmmmmmmm

i am thinking RM3 might happen later today.......hmmmmm.... there must be some news, possibly acquisition that maybe insiders know about & are picking up shares before announcement???
Anyone knows some info to share?

@Dongbei, thank you for the kind words. i think the RM2.80 part came a little earlier.....lol
But congrats to you all for holding out :))

@Dongbei, thanks. Looks like you did some pretty good trades there :).
the way i see it, there is always gonna be price fluctuation (up & down). The stock is on an uptrend, so when it drops like today, it seems like a good opportunity to pick a bit up. I'm thinking short term RM2.60 (maybe this week or next) & near term RM2.80 (a month or 2).

Disclaimer: These are just my assumptions & not stock trading ideas. i'm mainly in a long term (investment) with PECCA.

a bit of selling this morning, just picked up another 100 lots :) . fingers crossed it will begin rising later today.

@EarnAmeal, I'm thinking you're right there.