I will say generally afternoon sessions are more 'active'. Like what Matsaham said, lots of people adapted the "buy on news sell on facts" approach instead of long term investing because of the coming ge. That's why the price drops after a q report out or annnouncement eventhough they are report or news.
there is no sign of overbought, given the overall market situation and it hovers between .42 ~ .425... not really a heavy selling at all. knowing ge13 is juz a week away, believe contra players won't risk themselves at this stage. unless something drastic happens, believe redtone price will be stable vs other telecom counters :)
This is the counter for post GE13, they will get more projects especailly from Government (whether Bn or PR form the government) as more and more WIFI hotspots will be set up (as promised in manifesto) and REDTone is the specialist in this area.
this is one counter with least worry :D, coincidently xox, ock also moved. big players digi, axiata & maxis despite low pressure but still holding up... hmmm
Share buy back again but only 100 lots. Really not sure where this is heading. Still have confidence in their performance so suggest to hold a little bit longer. Just my opinion.
HUMBLED, SINCE MARCH THEY BUYING BACK THEIR SHARE, MARCH 8600 LOTS, APRIL LITTLE BIT ONLY, BUT IN MAY ALREADY 4120 LOTS. GUARANTEE TAT GOOD THINGS IS COMING ON SOON. I START BUY FROM 0.38 TILL NOW STILL COLLECTING. AVERAGE NOW IS 4.10
Hopefully it would run soon. Noticed the recent share buyback are at higher price compared to the earlier mths. Slowly moving up again?? Anyway I am collecting too. To those who are collecting too hopefully we would see results soon!!
Thanks guys for the info. I have the same feeling too. Hope why they have been buying back shares it's because they think that the share is undervalued. They even bought at 0.425. I hope that is telling us something good is coming. Cheers!
大马巫裔策略投资者协会(Strategic Investors' Association of Malays Malaysia)料马股投资活动将在年杪时增加至少20%,因受投资者的购兴不断增加所提振。....他指出,引发投资者购兴的领域包括产业,金融和电讯业,并补充目前是进行投资的最佳时机,因许多具有潜能的股项依然被低估。http://www.uniteddaily.com.my/?q=node/29624
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....
humbled
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Posted by humbled > 2013-04-25 10:41 | Report Abuse
I will say generally afternoon sessions are more 'active'. Like what Matsaham said, lots of people adapted the "buy on news sell on facts" approach instead of long term investing because of the coming ge. That's why the price drops after a q report out or annnouncement eventhough they are report or news.