Kalau u orang tak caya gua, go and check my call to run on Minetec exactly 2 weeks ago before it dropped from 29 cents. People who listened and ran keep their tikar..Kikiki
The group who played Minetec made average 10cents for average 50 mil vol for at least 8 days to 10 days purely profit taking . Now they are enjoying nice sunny beaches with champagne already
5 people each take 5 mil out and with 25 mil they goreng few cents shares. Memang cukup modal to play right? Unless everyone stop chasing these penny stocks and let them stuck for months, otherwise these people continue to accumulate more wealth from all the sheeps...kikiki
Feimaw, if u talking abt short-term trading, no one is right. it might go any direction people want them to go. But, long-term investors of NG could be potential big winners here. So to play this particular penny stock game, u have to wait. If not, you're just gambling and that's how people always lose money by keep repeating the same amateur mistakes. They just never learn.
Furthermore, minetech's fundamental is horrible, making losses every quarter, which is nothing compared to NG which has high NTA, moderate ROE and profit guarantee by the Indonesian company via partnership.
Of course, short-term movements can be super volatile, therefore, we need to seek for value and potential in this company and if we can identify them, we should be committed to it. This is how we should invest, not by simply buying based on speculations, etc.
Next week will be worse, first testing support at 0.116. If this support fail miserably, last support at 0.105. When price back to 0.100 or lower means the big shark has thrown everything they hold. The big shark stopped munching since Monday (24th Feb) morning. Wednesday and Thursday shows were the market reactions. Last chance sell on 0.150 was just over this morning. To hold another 2 years with a "maybe" kind of hope, OR, quickly cut loss but save time? It is your choice to mange your money.
Based on recent corporate events, i think investors of NG no longer need to wait for long. We can observe the CEO recently purchased so many shares from the market, making him the largest individual shareholder now.
Next, it will be soon be making use of its land in Cyberjaya it recently bought in 2012. Probably they can do PD or build data centre, if they manage to acquire a new company. They also purchased an office tower from Al-Batha in Bangsar South City where the land and buildings there are appreciating fast. Next, it doubled its stake in R&A to further synergise its products and further develop the business.
With all these just happened a year ago, it could be time now, things will start to change and something could be brewing inside we as shareholders outside cant vision. This company gave us many surprises before, like how it managed to tie up with PT Inovisi with MoU in Property Development.
All these are very strong potential catalysts upcoming, and if u guys are conned by sharks to sell now, u will only regret later how u just missed a potential good stock. Why let short-term movements / noises influence your decisions?
I would like to see how much more the speculators can bash this stock. Mind you, the CEO himself and other directors will get bashed the same time, since they bought so much shares earlier on. If they have zero plans for this company, why would the CEO disposed off shares in other companies like Protasco to buy heavily on this one?
Many companies would lie stagnant for years like this one, but there will be on point of time where it will rise and just surge upwards beyond your wildest expectations. Good examples like MYEG, Iris, Inari and DSONIC. These companies were once penny stocks.
If you guys get fearful so easily by just looking at the price movements and not considering the fundamentals, this company is not for you, neither will you be on the wealth path. Rich and successful people will need to be patient and dare to go head on with whatever challenges despite noises from people and these values made them rich because not many people can do that.
Most importantly, be smart and calm. Once you're confident with the fundamentals and growth potential, with the CEO and directors all with us in one boat, there is nothing to be afraid of. CEO himself is now holding approximately 211 million shares. If this counter is to go any worse, the first person to go "holland" would be himself.
Lots of thanks to WiseEye. I am convinced and am holding on tight to the shares. End of the day the results have to be reflected in the financlals. Let's all hope the company deliver good performance.
For those who cannot take risk or low risk appetite especially newbies, pls don't buy it. It's iritating to hear somebody 'kao pei kao bu' once the share price was dropped below their entry price. Better keep your money in FD tightly instead of stock market! Pls be mature, nobody force you to buy any stocks and all final decision is yours, so you must do the worst scenario in advance b4 buy it!
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....
gyaphong
254 posts
Posted by gyaphong > 2014-02-28 14:55 | Report Abuse
13.5... sure u can get it