I feel very funny loh. .... This forum.... out of sudden got Alice, 0008, pesagi. All these people never see them before. They are so interested in this stock now. So ah bing, tua huat, sang jero, ssboy, what you are think? Are these ppl are here to give negative comments so they can collect cheap.
To me, ace counter, every year every quarter give profit. What do you expect? Current NTA 13 sen.... Further, all businesses are real. What do you ppl expect?
A few months ago a few Ace companies were pushed up and dumped by a very foreigners and incurred more than 60% losses.Can these people come back and press down the share price by passing left hand to right hand with the help of some remisers and security companies. Some giving false impression that they are multibillionaires,talk like bigtimers to deceive the bloggers.
It is place for good entrepreneurs to raise public fund to help them to expansion their busineness and it should be a safe place to invest our fund but not a place for people to cheat and rob our hard-earned money. The authorities should treat people who dissimilate falsehood as white-collar criminals who come here as conmen to manipulate the share to benefit themselves and defy the current rulings of buying and selling among remisers between families members.
Look at Global which was listed in USA and what happens when they have overstated their income projection in IPO. Many fail in their businesses after right issues,where is their accountability.What happens to Ksu and their land in Seminyih.Their NTA was 70c+ when delisted,now?Then Maemode?,delisted,what happens.These companies should be investigated.
Sometime we believe in EMT, Efficient Market Theory where the price must follow the intrisic value. Somehow most of the time, price not equal to intrisic value...Mr. Market is the one determine the price.
When Mr. Market is emotional and want to sell the stock below intrisic value...time to buy from him. When Mr. Market is happy and willing to buy at higher price...then we sell to him.
Posted by tklim > Dec 7, 2014 03:04 PM | Report Abuse
Relax...don't feel so depressed.....NG is 52 weeks low....
Follow the BIG BOYS...Accumulate....
Technology stocks is on the card....
Nextnation Communication Berhad (Nextnation) is a Malaysia-based investment holding company. The Company operates through its subsidiaries, which include Nextnation Network Sdn. Bhd., engaged in programming services, software development, Internet consulting and provision of information technology services; Gates Mobility Holdings Sdn. Bhd. (formerly Nextnation Techcity Sdn. Bhd.), engaged in property investment; Nextnation Collections Sdn. Bhd., engaged in development and distribution of retail mobile application solutions, and Godynamic Investments Limited, engaged in investment holding.
We upgrade the technology sector to OVERWEIGHT following the recent selldown in the local equity market. This is underpinned by our view that global sales of smart devices would continue their positive momentum on cheaper price points. The introduction of more affordable wearable devices and the launch of Windows 10 could spark further re-rating into 2015. Our Top Buys are Inari and Datasonic.
BURSA Malaysia can stage a minor technical rebound this week after being dampened by plunging oil prices in the past few weeks.
Affin Hwang Capital vice- president and head of retail research Datuk Dr Nazri Khan said the stock market experienced heavy selldown in oil and gas counters last week because of a dip in crude oil prices.
“Bursa Ma-laysia may rebound this week as the stock market was oversold due to the plunging oil prices last week. I expect the market to correct itself and this would be a good time for bargain-hunting of oil and gas stocks,” Nazri told Business Times in a phone interview.
Crude oil prices declined to its lowest in five years, sending oil and gas-linked stocks lower, after Opec decided not to trim oil production output despite a glut in supply and the United States taking a step back in imports but carrying on with exports.
Last Friday, share prices on Bursa Malaysia rebounded to close 3.68 points higher to 1,749.37 after being in the red for four consecutive days, because of poor oil prices. However, it was still lower than the previous week’s 1,820.89-point closing.
“There is no reason for oil prices to weaken as the economies of China, Brazil and India are growing strongly and they have big demand for oil. So I blame Opec for plunging oil prices,” he said.
Nazri is recommending stocks like AirAsia, OldTown Bhd and Nestle as he expects them to hold strong because of the current school holidays, upcoming Christmas and New Year celebrations.
If European Central Bank disposes USA currencies for more to print more euro notes will there be a oversupply on USA notes? or it can be absorbed,also causing a fall in exchange rate of euro currency.Let's see in a week's time.
Fam Jenny , if u think Malaysia economy now is very good , very stable , u go and ask some business man of either 1990 business Environment good or now business environment good ? u can do some research
I can surely tell u , many counter in Malaysia , have faulty account problem , only not show on the face , once market drop deeply all will show out ! Becareful
Yes,I agree that a lot of businesses are controlled by a handful which is very bad but we must not destroy our listed It companies by pushing them down.They are not so well established yet but they will be the neureus of the future IT companies.Industry of old industries will have to make for new ones.An established township will be an old town one day and it will loose its shine.Bangsar is no more a centre of klang valley as we have to expand our K.L areas into Sepang,cyberjaya,Kajang,putrajaya,denggil so where is our centre 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....
Fam Jenny
7,724 posts
Posted by Fam Jenny > 2014-12-07 15:46 | Report Abuse
The chart is outdated,does anybody have new chart from Sept to November 2014