Tonite US market open will see another 3% drop in oil price......and might trigger a massive sell off in Dow jones, then wat will happen to our market on Monday??? Booby trap!!
Actually oil price drop is good for world economy as consumers pay much lesser for energy and cost of manufacturing will drop Scicom is key benefiary of strong USD as part of its revenue is in USD I suppose Scicom will record better profit going forward!
Due to the bad market sentiment... I think 0099 will drop to count no.13 which is 2 more days to go as to finish the stages called selling exhaustion... Whereby it can consider as lowest piont for entry... Beware as it crosses the 1.415 mark as TD Breakout & the TD tp will be at 1.605
Did anyone get the interim dividend? Payment date on 15 December but until today I havent got it... I bought on 25/11/14. Ex date was 27/11/14. I was entitled for the dividend right?
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
mocics
109 posts
Posted by mocics > 2014-12-08 07:43 | Report Abuse
It should reclaim the 1.60 level today..seeing the MD also buying on every dip - should be a relatively positive sign.
In any case, chart look like a good double bottoms from here...(higher high)