Be very tactical on this guys. I'm 24 and I am still learning.
My tips if you are considering to buy: 1. Watch bigger picture. Scan bigger charts. Look weekly chart first. Then you proceed to daily chart. If the weekly says you should buy, please check the attractive entry on daily chart. You might get better bargain. 2. Set up RISK:REWARD ratio. If 1 is your reward : 2 is your risk, better put your money on FD/ASB/MUTUAL FUND. Find r:r ratio 2:1 if possible. 3. Look up the Volume bar. Cheaper price and decreasing volume is bearish sign. Higher price with higher volume means the market is getting bullish. Just beware if there is a stop of volume in increasing price.
LTInvestor RTO valued symphony shares at 0.15. assuming 20% premium, should only trade max at 0.18.
At current price, investors paid 63% premium to gain access to RES.
Is this sustainable? only symphny kakis have the ans..
FA - Fail
TA? - see skyhawk post above 01/05/2014 01:33
skyhawk johnson lam...I hv no vested interest in the stock...would not think of trading it.There are many good stocks around to pick :D 01/05/2014 11:12
Yes agree with hungry lion. When people like LTinvestor highlight to sell, it is time for me to buy. That's how you make money from the market by observing the trading patterns of street traders
When you read some expert's posting, you must be careful... do homework yourself, then form your own decision to sell/ buy..... Don't blindly accept any so called experts in wave counts , etc etc.......
Sometime, the technical analysis is right. The fundamental is right. But another factor is "sentiment". http://is.gd/3typesanalysis. We have no control of that~
redwed .............The spike in the shares is due to takeovers and not the profitability of the company. since this is now the news, can the share still hv upsides ? It has moved up pver 100 pct easily
its 12th AGM is coming up soon... we shall see some share buybacks to support the uptrend further besides retailers. would buy as low as possible before they do that. also expecting some exciting announcements regarding the Ranhill RTO on the AGM. ever since the 06may, it showed uptrend is intact so any lower would indicates a good deal to buy in.
uptrend is very well intact. potential to add more. the RTO could make this leap forward in folds so let's see what they have to offer on its next major announcements
lol we're not buying based on its quarterly results but for what they have to offer us the symphony shareholders (reward offers not finalized yet regarding the ranhill RTO) since CEO has mentioned to reward shareholders so i think they will approve the shares buyback in the upcoming agm and maybe their intention to cancel some treasury shares to create more values for shareholders lor.
thanks hungrylion, but after the day announced ranhill rto until now the price still not much changes, or the ranhill rto in pending or what...or ranhill found another way to listing in bursa?
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 124 views | 22 h ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 232 views | 1 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 403 views | 2 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
redwed
335 posts
Posted by redwed > 2014-05-09 07:01 | Report Abuse
http://i.imgur.com/X8wHguq.jpg
7e ipo is out. Subscribe la jom!