keyin, may I know what makes you think tmclife is cheap especially if you compare to kpj? Kpj is already a well developed company with stable earning while tmclife shows improvement but not as good as KPJ. I believe people are buying the future but not existing earning.
Krischris u are right that people are buying the future (which is quite certain to be bright). So now is a matter of investment horizon now. Judging from the way that the operator pushed the price, i think they want the price to be sustainable. Thats why they always shake in the morning and shift the queue in the afternoon to attract buyers and then sell again before closing.
nichlolasnwh90 This huge project by PL and TMJ seems quite promising in the future if everything goes well. I agree with you that the recent price movement will definitely attract traders/investor to join in. Weak holders or punters will be shaken out, only the strong holders will be able to make bigger profit.
I see most are optimistic about TMClife. Organic growth is promising and I hope it will consider acquisition as a quicker route to stardom. Anyone with a view to share?
Skylight Chong thank you for sharing. We know that the gomen has given Valuecap Sdn Bhd rm20billion to boost the market. It will be good if we can monitor where they will invest.......anyone with this kind of connexion? Is the high volumes last week and today linked to Valuecap?
Dear All., Today many stocks fell because of the ringgit strength due to the downing of the Russian jet by Turkey. Oil rose too, that is why ringgit is up. This may be the beginning of U.S.dollar weakness..and yes...there is a reason to be careful. If ringgit strengthened further it can affect export stocks. But then again ringgit could weaken again. So the more accurate way is to look at the key supports of your stocks...if they hold...fine. If they are violated, then cut./sell. Dont blanket cut everything! Some stocks may not react so much, some none at all, and those that react may rebound! Stay level headed and COOL! All the best! Fred Tam
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3400 views | 3 d ago
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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....
matrix6050
1,265 posts
Posted by matrix6050 > 2015-11-18 09:38 | Report Abuse
Congrats to those who took profit, I will continue to stay invested and enjoying the ride.