I remember somebody refused to cut his Xinquan till the shares dropped fm RM1.50+ to few cents b4 being delisted.
That fellow even bought millions of Xinquan on the last day b4 it was delisted saying he can wait to see the cash of RM1.00+ per share in their bank ac...
If he couldnt see then his grandchild can see one day in the future
When this article published, HY instantly shoot up today. When grandpa Koon buy, you sell, when he sell, you buy! Replay the chart for this play and see it yourself.
Kyy is right the chart do not lie. Just few weeks ago the CPO chart and Subur chart show a beautiful up trend means buyer more than seller. So all of you that time should buy Subur at RM2.35 Now Hengyuan show a terrible down trend so all of you should sell HY now. Conclusion buy high sell low Remember buy high sell low.
The prices are dependent from the factors of demand and supply. Whenever the supply (selling) of the stock is greater than the demand, ceteris paribus, the price of the stock will be depressed. On the contrary, the price will be increased whenever the demand is greater than the supply.
However, the supply of the stock could be manipulated or under panic selling at certain events/circumstances and therefore the price of the stock may not reflect the reasonable market value.
1. When buying a house/building, the important factor for the consideration is the Location. 2. When buying stock and shares, the important factor is the Timing.
If the cut loss transaction was done at RM5.50 last week, the same investors can buy now to get back the same quantity of shares at a lower price thus making the total cost of investment cheaper.
Those who bought yesterday at RM4.40/share could have timed their entry correctly.
NTA evaluation is not factoring in any potential profit or losses of the company. Instead, the NTA is based on the existing value of the company and the capability of the company to reimburse each share at the least in the event of dissolution after liquidating all the assets and discharging all the liabilities in the Balance Sheet.
In the the case of HY, the NTA is calculated at RM6.60 at least else I would have been misguided by the report.
1. Following the opening of the borders at the end of March 2022 for travelers after uplifting the restriction from the COVID19, the demand for the fuel/oil from many countries were surging to the level of pre-pandemic. The price of oil has increased a lot since then. 2. Those countries like the Saudis or Russia have been making huge profit presumably and therefore Russia has got their currency (Ruble) even better than before the war. The Saudi king had refused to kind of cooperate with the US government to deal with the oil production and the prices. 3. The profits for even the Refinery will be tremendous because of the larger demand of oil, the production volume and the higher margin of profit especially during the period of APRIL, MAY and even JUNE 2022. These periods of time are forming the coming QR of HY.
Uncle K, you lose money then blame ppl ar? Recession coming and old fart like you that been (claiming buying stocks since I haven’t born yet) know it will tank mar. Even buffet is on papers loss since last buying this year. Who you think you are wor….. crack spread is in all time high la
never shoot the messanger...... info for you to absorb and make ur own decision, nothing less nothing more....when anything goes south only have oneself to blame
$$$ Price chart takes preference over financial analysis. $$$ THE PRICE of a stock reflects what the market players know about the stock NOW and in FUTURE
Those comments up there reflects the individuals competency in stockmarket
Either They good enough to use it OR dont understand it at all
$$$ Why investors refused to cut loss? Investors hate to lose and hate to admit they are wrong. $$$
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Sslee
5,909 posts
Posted by Sslee > 2022-06-21 09:53 | Report Abuse
Since Bursa index is droping non stop and many stocks also droping and etc. Chart don't lies but people do.
So next logical thing to do is sell everything and keep your cash under your pillow