This is a good collection opportunity as base building. Furthurmore, Green Tech & Energy will be a new theme plays while Rm Strenghthening. - Green Tech Industries : JHM, D&O, Elsoft & Mmsv. - Green Tech Energy : Tek Seng
Above counters are backed by Improving qtr results, M & a from Taiwan Foreign Strategic partners, and Significantly Capex.
nstituitional buying from open market normally provides support to the share price rather than running up the share price. So don't expect a gap up following an instituitional buy-in unless a syndicate decides to ride on it. A syndicate normally will ride on it (if it so happen to be their chosen counter to play - coincidental) then the price may spike because the support is already provided by the Instituitional buying their stake.
Samuel, may i ask how to you differentiate whether the accumulation period is done by the institutional or syndicate?
Tony, you can check against bursa announcement, second check against foreign investment in marketft website or the likes under foreign investment.
If you have time, you can monitor the queue of buyers daily for buy queue. As mentioned instituitional will unlikely run up the share price as they wont chase on the share price, hence buy rate do not go up when they are collecting.
On the other hand, a syndicate will likely collect when instituitional sell when their system alert is triggered. Syndicate will buy when snowballing (i.e. Volume increase buy rate reduced substantially)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kaki_sailang
1,225 posts
Posted by kaki_sailang > 2016-02-17 09:41 | Report Abuse
RM weak now... will drop futher due to oil price will no up for the time being....