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2014-05-02 09:32 | Report Abuse
2 options now as may is low volume trading mth.Many operators are probably taking a break.1st option buy 100lots at every dip of 1cents n keep accumulating until reach ur maximum holding.2nd option is to hold what u have and wait till the bulls are back later..
2014-05-02 09:14 | Report Abuse
Fortune leech is sleeping with the bulls now..Bears are running lose in the mkt.Give leech a 2nd chance maybe later..go for short holiday n come back in 2 weeks..
2014-04-30 14:48 | Report Abuse
Hmm seems like a good buy..strategy total holding 2000lots.Buy now 1000lots @ 0.16 if up then sell and if down again buy another 1000lots.like tat if price stay @ 0.16 still can make profit
2014-04-30 00:32 | Report Abuse
Changed my mind..spoken to my bankers for full support to go all out on bright as i believe it has reached bottom..buying in again...cheers
2014-04-29 17:05 | Report Abuse
Nice recommendation...fortune..but think more bottom to come..
2014-04-28 23:16 | Report Abuse
Eu7985 do a bit research n check the top 30 shareholders in their latest annual report mnc has c kwok and gang inside..raid on these companies are over...they are back to penny stock status..no more goreng goreng...funny why some ppl still see hope in uma reply...best reply is the directors know nothing n no shit reply..good luck..
2014-04-28 18:55 | Report Abuse
Fortune he is a leech until he suck dry all the blood then again issue rights issue to suck more from minority.Maybe thats why recently announced enlarged share capital...wow! If issue all authorised share capital a lot of blood can suck...but i will say damn you leech!
2014-04-28 18:10 | Report Abuse
If recent downtrend minority have been collecting I am sure the majority will make us throw back to them later...eg: buying lousy metals, profit turn to loss and etc...negative sentiments to push it even lower..
2014-04-28 18:07 | Report Abuse
When right issue announced I start to have interest n my average price was 0.68..u see if current price still holding as other ppl who bought in the same time,ROE is about 3-4%..as of now..2mths+ trade just to earn 3-4%? Guys though it's better than FD but else where mkt has better return stocks...
2014-04-28 18:01 | Report Abuse
HC lee know u have been around longer than me..your observation is not wrong but just as seen clearly their tactics are pump up price and dump..my advice buy lower if can..they kill a lot of contras also genuine investors by last few days price activities..I dun have much faith in the new management given their current style.cheers but I will be around to support when price back to 0.60s..
2014-04-28 17:29 | Report Abuse
Ukraine tension...maybe mnc got biz in Ukraine tats why drop so much...http://www.theedgemalaysia.com/mobile/article.php?id=287185
2014-04-28 17:25 | Report Abuse
Another low..think pretty soon will drop to 0.65..
2014-04-28 16:42 | Report Abuse
Lampard won't buy now also wait n see maybe can kutip 5cents...Lampard will u buy?
2014-04-22 23:48 | Report Abuse
Trader you are damn right about the support @ 0.68 as usually prices will go to the unexpected oversold levels and then rebound back..let see if it does but i hope not...
2014-04-22 13:27 | Report Abuse
Even though price drop subside today, it doesn't mean price will hold as long term macd is already negative and shows negative number is increasing..As said earlier a lot of you guys bought in abv current price and now in loss mode and best is to average more lots at lower price.Hold your buys!
2014-04-22 13:21 | Report Abuse
Dear All, as at closing 12.30pm price attempt to bounce back abv closing price 0.74 but failed to climb higher into positive made territory.Outlook for rest of the day will still be negative and presume will trend lower to 0.70.
2014-04-22 09:56 | Report Abuse
If price slice to 0.70 today you will ptobably see another cut in price to 0.65 in 2 days..should buy at dips but not now just wait..
2014-04-22 00:47 | Report Abuse
Short term correction then another bull ride..
2014-04-22 00:44 | Report Abuse
Someone with background support but in the wrong industry..amedia? thank god it is still not under pn17...guess it wont be as a matter of time hot shots like AL-B might buy in n takeover....
2014-04-22 00:30 | Report Abuse
Fortune read my postings and you will know where i have gone.another 10+% maybe or maybe more...18 days of trading is the timeline for bright to outperform but it shud be half the time to know if it will perform..but current price to buy in? Not now but as said above..
2014-04-22 00:13 | Report Abuse
I have same thoughts as well as bullish activity might return soon...
2014-04-22 00:05 | Report Abuse
Last but not the last from me take a look at the plant and machinery value which increased by RM37.3 mil by utilizing the proceeds from right issue.This new management really has the speed in using money in blink of an eye..buying lousy metals or actual new equipment that can generate revenue?Only time will tell in few mths from now as they announce next report...
2014-04-21 23:48 | Report Abuse
The downside risk is now far greater than the upside potential which i would say 0.69 would be the next level and further buying opportunity would be at 0.66-.67 (safe level).Those who enter during last few days which your entry price maybe around closing price today and higher will have to bear with the minor losses or just hold for a duration of a month from now..If bright is truly an unpolished gem we shall see in a month time..maybe less just 18 days of trading.cheers
2014-04-21 23:34 | Report Abuse
One pointed last friday announcement of SIS which may have biggest impact in my view.Reason being Ricky n team will pay a price for the shares allotted to at price determine later..which i think will not be more than 0.55 previous rights issue and if it does wont be much high difference.So u think how far it can go from now...
2014-04-21 23:08 | Report Abuse
Dear forumers, thank you all for your inputs on the latest report and how it might impact the price movement.But clearly i see none.I believe partial support at today price range may have come from some of you with hope for a rebound on better earnings report.But sorry to disppoint you guys that i see price movement is moving downward again n will be for the next few days..for those who enter a month ago your price could be 0.63-.675 and now profit taking maybe the best solution for now...
2014-04-21 19:07 | Report Abuse
HC Lee although i still doubt ur judgement but we shall see tomorrow...
2014-04-21 17:36 | Report Abuse
Manu its up to ur loss tolerance n holding period..believe it wont go back to 0.63 levels again..
2014-04-21 17:26 | Report Abuse
Yuming skpress could be next bright..watch it..
2014-04-21 17:23 | Report Abuse
Seems that this forum is very much support of the price now..which all believe price intact.didnt wanted to go against that..but as we see forward and today's price action..feel that we can trade for all benefit..no contra guys..
2014-04-21 16:17 | Report Abuse
Was tempted to buyback last friday but decided to wait a while and was lucky to see yoday trends was even worst with operator suppressing the price..if today is just t1 u will see greater price down ahead..
2014-04-21 16:15 | Report Abuse
Reason i sold was bcos thursday macd daily signal was negative evn though price up.also rsi already reach 80% abv levels which signal volume and price trend already at a peak.
2014-04-21 16:12 | Report Abuse
Yes..my holding was back at 0.69 n when it drop to 0.63 i bought in again averaging down my cost.sold 0.80 tq.
2014-04-21 15:55 | Report Abuse
If my predictions are right 2 days ahead following today will see greater selling pressure and force price back to below 0.69 levels.quarter profits of just merely less than 1mil will just be why price drop back.
2014-04-21 15:26 | Report Abuse
kris what u say maybe true only IF daily price up by +10 cents which signals all bearish movements are taken out.resistance currently stands at 0.825 minus 0.10cents = closing for today which is 0.725
2014-04-21 15:18 | Report Abuse
Short term rsi is showing oversold but the longer term rsi is still showing signals overbought.will buy nack when it reach 0.65
2014-04-21 15:11 | Report Abuse
Investors profile suggest volatility is 40+% i doubt it will trade a higher this week.
2014-04-21 15:01 | Report Abuse
HC Lee i have the same view as you 6mths holding will give u maybe -10% return.But mkt out there has better potentials with higher returns and shorter term.maybe tats why selling suddenly came abt.
2014-04-21 14:45 | Report Abuse
The massive liquidity that was created last 2 days at high price 0.80 abv cannot just evaporate like tat if its a sound investor buying.my view is tat operators = major shareholders are dumping also buying back at lower price..
2014-04-21 14:41 | Report Abuse
Earnings maybe good but its just 50/50..PEratio will not impact share price in short term..recent upside is speculative..
2014-04-21 14:39 | Report Abuse
Operators are smart as they kill all the contras same day they push it up since thursday.now it may seem to be good buy but if it drops below 0.70 and put heavy volume at selling que..it will be stuck there for sometime..
2014-04-21 14:34 | Report Abuse
1st profit level was way back at 0.69 and now it heading towards that level again.today is just T1 more to come guys
2014-04-21 14:26 | Report Abuse
Think all bs stuff..price will not hold abv 0.70
2014-04-21 13:51 | Report Abuse
Lampard u still hold? Thought u sold already...
2014-04-04 11:17 | Report Abuse
HC lee i think the major shareholders dont dare to push up the price..
2014-04-02 16:49 | Report Abuse
If 0.63 then lampard will buy more..right?
Stock: [BRIGHT]: BRIGHT PACKAGING INDUSTRY BHD
2014-05-02 15:00 | Report Abuse
Lee if today up back to 0.705 it will be a fresh bull kid on the block..i doubt it will happen..but anyway just watch n see..as said down i will buy down averaging my price but wont buy all at one shot.