"Posted by Tornado: My friend, a KLSE investor, also told me that klse index will drop to 1650 and by that time every Tom Dick & Harry counter will be damned cheap......
Cash is king or Money is king all never mind, if we strike low , we will all fly to Thailand every weekend to eat TomyamGong for celebration.......
Do you believe in my friends or in savvy private fund investors and educationalist...... ; )
Didn't you notice when a counter is on down trend, some folks will spread bearish sentiment to collect cheap... When the counter is on uptrend these same ppl will carry another id spread bullish sentiment so that they could sell a few bids higher......
If they got on board cheap, but when the price get even cheaper, they will be licking their wound behind the scene and come back to the counter and say I told you so......
If the collaboration with creador is successful the price will eventually go north , if it fails the price will eventually go south. So if you are investing in this counter, have faith in the management team and give them time to deliver.... No one guaranteed that the collaboration will 100% success for sure.
Act on this short term up and down as such :-
if you believe in the team , collect on dip. if you dislike the collaboration, sell when up.
@tornado, at the moment I have MYEG (mother and warrants), KSL, SMRT (big investment). Was looking at Privasia but the valuations just went mental haha. I wanted to buy MEGB but I think SMRT will benefit more from the deal
@gauss:- Not too sure can get or not, that is why am asking Dr.Palan's paratroopers to work harder. Hopefully Dr.Palan is not offering peanuts only........
@Tornado, it's OK bro. Let's wait and see. Only the "figures" from their result (but not just financial result, but also some statistic data) can tell me whether my investment into SMRT is correct or not. So far so good, two more months to go for next the result. My own decision making baseline is: at least not negative value profit. Then can accumulate more. By the way, I am not promoting this counter to buy. Please don't buy :p
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....
armt
415 posts
Posted by armt > 2015-03-24 19:53 | Report Abuse
Director sold RM5,300 worth of shares, wow this is really going to tilt the balance man. lol.