Hi vinvin, i m a TA guy n i dont know about its core biz nor know the fa. Im monitoring how it breaks out 34 first before i jump. Lingering at res zone is hard to say unless vol comes, then show will b on. Good luck.
Sunrise. I bought the shares of this counter bcos it's a profit making company n also has been giving dividend although small but still a good practice n the price now is also not so high. Trade at own risk......
congratulation AT respected uncle vinvin.. :-) .... happy to hear you made it also seems to AT.. this forum Captain is Uncle Vinvin.. keep posting news about this Grand Flo I followed the news before but now no more but since Uncle Vinvin championing it.. erm, I feel seduce... hihihii
Tq AyamTua, I'll try my best n hope u will join us here soon...............a good ship without good captain. i'm too old unable to see well n unable to guide the ship properly...............ha, ha, ha.......
Vinvin, i dont know about the FA nor know about what this Co is doing. I m trading 100% based on the chart. Now im looking at the latest chart that there is stil a final upleg to go before it ends this minor SW5. 0.32 shld be the lowest price for this minor retracement but it can go lower depending on the support. The next uptrend will resume after its short consolidation & my own TP=0.34 (% v low), TP2=0.38 TP3=0.42. Above is my own analysis for pleasure. Cheers!!!
CityTrader, the price they fixed for their issuance of their company's shares is at 34 sen as part payment n the balance is by cash for the proposed purchase of the new company which happened to be the same as ur first TP of 34 sen n I think they will have to push the price of this counter to at least that price. This is my opinion only. Trade at own risk.
the company or the market will push up the price, if the price for the additional issuance for a share is fixed at RM0.34. To market the new share, the company has to make the whole market feels that the price they fixed is attractive, otherwise the market has only to buy thru the open market insteads of doing more works to buy at the same price(common sense). I highly recommend Granflo-wa. I predict Granflo share priced at RM0.3++ will soon no longer available. It may shoot up to RM0.4++ or even higher. Trade at your own risk.
with profit guarantee 15million for 2 yrs is good. at least can get 7.5 million for next 2 yrs. on top of that the whole project estimated can generate profit before tax of RM60 million. it is abt 30 million sharing if based on 50 pecentage holding.phase 1 project already 59 percent taken up.
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....
bullrun88
146 posts
Posted by bullrun88 > 2014-04-16 09:01 | Report Abuse
nice gap up.. gogogo... TP 0.345