I posted my stop point at 0.67 in flag kaki n price dipped to the lowest point 0.66 before it started its engine to cross above 0.70. Once price moves above 0.76, it is a bullish signal n advance to retest it recent high 0.91. My tp 1.15 for today im looking at the chart.
This counter will have a much lower PE when it recognises EPAY's contribution in the final quarter (dec'13) figures, to approximately PE 12. Synergistic benefits will also be expected from EPAY's wide customer base overseas. Q4 results would be interesting.
Cardless ATM, Cashless tolls (using smartags and touch n go cards) all will benefit GHLSYS significantly. I foresee this to be another MYEG and DSONIC.
Maybank have competed cardless withdrawal. Which company did the software to maybank.? Puzzles me as I thought Ghl to be awarded of the job and now share price going down!!!!!
GHL has gone up 200% from only 24 cents a year ago. Price has already RUN AHEAD OF ITS FUNDAMENTALS!. Unless earnings can increase by a huge margin to justify further growth, going forward upside is very limited - and crashing downward is very imminent due to many headwinds in Year 2014.
Those Who Bought at 24 cents are sitting on huge paper gains. Even if they should take profit by selling GHL from 78 cents down to 48 cents - they are still doubling their profits 100% from the low of 24 cents.
At 77.5 cents. GHL NTA at 30 cents is only half the share price. P/E 20 looks expensive.
Best to SELL ALL GHL & Go Into Defensive Counters Like GMutual, Silk Holding (Toll Road), RCECapital, OPCOM (Debt free & pay 8% dividend) & EPMB.
Return OF capital is more important than return ON capital for Year 2014.
Make Very Sure Your Money Is Safe First - Then Only Think Of A Profit.
Don't end up like Patimas, MaeMode & Saag victims.
Depend on whether you invest for months or for years. Short term I cannot tell. Long term PM Corp is the No. 1 buy in KLSE.
See my Long Term Investment in UMW Forum Site. A 10 Year Short Investment which gave me a 45% yearly gain for the last 10 years. My best picking so far.
I suspect there are less than 0.01% genuine investor in PM Corp Forum Site. So I converse with my few fellow Johor Investors now.
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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....
CityTrader
8,151 posts
Posted by CityTrader > 2013-12-28 23:28 | Report Abuse
I posted my stop point at 0.67 in flag kaki n price dipped to the lowest point 0.66 before it started its engine to cross above 0.70. Once price moves above 0.76, it is a bullish signal n advance to retest it recent high 0.91. My tp 1.15 for today im looking at the chart.