weechin53, so fast you change your tone, yesterday you said going to gap up.now it ia going to go down to 0.265 instead. Let me guess, you sold just now and want to buy back cheaply, am i right?
@weechin53, 不要酱啦。Frontkn is the only stock I have now, 0.30 is my average cost la. Prepare to average down further. Tomorrow hope for 0.280 again. But if today result out, 0.280 no chance liao lo. Let alone 0.250...
when you think it will up due to result, but sometime it is just nothing happen. Of course i hope it will go up, just don't put too much hope, especially on downtrend market.
Still holding ..what a waste .. Due to market and Malaysia outlook good company also cannot move. Good That at least it's holding at this range though .
Normally frontkn first quarter result will be out on 21 or 22 nd of may. But this time there is a delay. Doubt how is the result perform this time. Be cautious.
I am sure the accounts dept of Frontkn must be very busy during the first quarter of 2015 preparing for the implementation of GST so I would expect a delay in the QR. Moreover GST started on April 1, so the accounts dept would try to bill all jobs completed prior to April 1 to avoid having to bill GST to their clients for those jobs. All these are time consuming.
Posted by MrNobody > May 3, 2015 12:14 PM | Report Abuse
Kenanga t.p 23c.
FRONTKN saw some heavy profit-taking activities after it rose to its all-time high level a few days ago. Key indicators are suggesting that the technical correction could be prolonged further to neutralize it overbought situation. MACD indicator is poised for a bearish crossover which will end its one-month bullish outlook. Meanwhile, both Stochastic and RSI indicator are also trending down south from their respective overbought region to imply that selling momentum is pilling up. All in, we advocate investors to wait for the share price to retrace towards its immediate support level of RM0.23 (S1) and look for a reversal signal before entering the stock
Answer : I will keep this post as reminder of my bro Optimus! Just in case he claim glory!
@MrNobody :Post in 25/5/15,tomorrow Frontkn will limit down. suspension in 10am. then report loss. -30million. insider source. But, frontkn still stay in strong. Hahaha....I think u can't buy low in this counter. Just give up go to others counter, don't disturbing in here. Bye2 frontkn will fly tomorrow.
frontkn has cash, it is a net cash company with positive cash flow, if a company can generate more cash , what unforeseen circumstances it can not overcome. moreover the profit is picking up every quarter and every year.
as long as these 2 conditions can maintain, I keep
I am long term investor, not hit and run as I did for VS, I don't bother so much about the price movement or market sentiment before QR released. I only believe in fact and data that tell me frontkn is a value buy
I tell you, if frontkn is that lousy as some people had claimed, under the current sentiment, do you think its price can hold steady as it is now with such a huge volume transaction?
I don't want to sell my melon cheap, believe , then follow, don't believe, go ahead with your hit and run. I am not as lucky as you can sell high buy back low.
bintang21 .. I share the same thing as you .. just bought recently (5 figure RM) and still awaiting the chance to buy some at low price until I meet my target..then pull hand brake and wait for the huge margin in the mid to long term period...
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....
blackul66
1,334 posts
Posted by blackul66 > 2015-05-27 14:38 | Report Abuse
weechin53, so fast you change your tone, yesterday you said going to gap up.now it ia going to go down to 0.265 instead. Let me guess, you sold just now and want to buy back cheaply, am i right?