Volume getting less day by day. Retailers only are buyings and sellings. Big boys already gone missing and laughing on the way to their respective banks sometime ago
I agree 0.455 - 0.465 can buy ,because this price is same as bookmaker enter price, investor can rest assured to buy it and waiting second wave coming.
Sorry moneyfriend. Here is a forum. I was enquring; wanting to know. Please dont be offended. So I know you have good gesture for friends here to make profits. Syabas.!!!
I believe it was just a technical rebound. No much strong buying. Anyway, I still predict the next quarter result(does not matter good or bad) out next week, the following next day trading will be in negative territory. These has happened for 2 consecutives years; which meaned 8 times, and prices of ocncash was down everytime. Someone just takes opportunity to liquidate.
Not encouraging quarter report as I have always thought. Next week, ocncash as always after quarter report announced, will go down. This has been repeated again and again.
With the presence of coronavirus, global correction, political uncertaintity and klse index slumped @ 1,482 points, I believe the safer entry price is term of value is between 0.340 and 0.390
The last 5 trading days this week recorded a whopping nett RM1 Billion largest outflow ever from our market. There are needs to take a cautious stand in our local bourse.
may due to timing of realizing input cost,means input bought with higher cost(may due to forex movement) was realized in current quarter,but nothing to worry about as long as the sales momentum remain strong.
inventory increase 20% Y-on-Y,good sign as it means the company stock up raw material in anticipate of higher sales.
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Posted by GTMS > 2020-02-19 21:13 | Report Abuse
James Analysis... u piece of shit