Frontkn price correction again... Those still can hold and have holding power, hold by all means Those no holding power, take profit if you can Those intent to enter Frontkn, wait a while for the price correction, and consolidation. After the price correction, then get in Remember always buy low, and sell high No hurry, as we dont know tonight Trump will tweet what again ! Sleep well, everyone.
What i can say is fruitful return only for those deserve it....Btw, wish those who Happy investing and grow with it will enjoy the feel of the roller coaster and the scene of its whole journey. While the rest please go on with your profit taking strategy and happy trading too. ^^
Frontken Corp Bhd's net profit for the second quarter ended June 30, 2019 rose 36.8% to RM16.52 million from RM12.08 million a year earlier, due to improved performances by the group's subsidiary in Singapore.
In a filing to Bursa Malaysia, Frontken said revenue for the quarter decreased to RM80.14 million versus RM81.78 million a year earlier, arising from lower revenue recorded by its subsidiaries in Taiwan and Malaysia.
Their main revenue from precision manufacturing and cleaning like frontken? I dont think its a big concern for the price being 1.86. Is it big drop like the legendary gooshen told 5000 years ago? I dont think so.
@catlim It is easy to predict up and down as there's only Up or down(50% chance). Cause sideways trend ,suprise suprise will also leads to up or down. So what is hard to predict is the exact entry price and target price before the breakout or bull/bear trap etc. As much I would like to say your prediction may be right , it is better to substantiate a claim of your prediction with the basis of your conclusion included to share and discuss with the forum members. Or else I see no point of saying it's going up or down based on no factual material. Just my honest opinion on how a forum should actually work , many may not agree but this is how we should move forward.
@abn10 cause Gooshan comments were utter rubbish from the history of his/her comment. While catlim comments are more neutral. No point for us to bother gooshen comments,hahah cause its nonsense.
@yu my advise is to look at tomorrow's candle first. If it's a green candle body it is safer to enter. All this brewing is for the price to hit above 2.00
Dawson u can see the words cat lim used. Almost similar to gooshen..tomorrow will break. Tomorrow will limit down..dont know what make them so certain about tomorrow and tomorrow and tomorrow. If tomorrow break 1.8, they will be the great gooshen. If tomorrow wont break, they will repeatedly say tomorrow tomorrow tomorrow.. plz shut up and give a proper news instead.
@abn10 well. It's upto us to filter and sort useful info. But I do believe some words that catlim says do hold some truth. 1.7 is a good support price to enter. But 1.87 is not really a good price to be called a support. If it is, then it is quite an insignificant one. Where else we should be looking at 1.82 as a good support price. It is also a resistance-turned-support. That would be a good price to reenter for those that had just TP'ed at 1.92,3,4. Reenter at 1.82 if possible for another 10%.
Fukalex i saw u since gooshen too. Plz do your own research and dont follow people blindly. U can collect information not only from these guys, u can also follow market news, u also can read the company qr summary, even every quarter also reported in i3. After u make deduction on all those informations u have gathered, u might be ready at least to risk your money. This is open stock market, not epf or fd.
I solely on technical. Today close 1.88 not really buy signal yet. Wait tomorrow.. Fukalex you can't blame me as the sell price is above. 1.9 last wave..
@catlim , I agree with you. Fukalex, based on your comment history , you are solely focused on Frontken. You should be more than aware of the stock's value and potential. Do your own due diligence , it is not recommended to buy or sell just because others said so. That is a very dangerous trading style. Discipline and consistency is the element of success.
I agree Frontkn is good company, but everyone, be careful qr coming soon. Now price is history high. If qr cannot earn more, I'm sure price will drop. Cause PE too high cannot support PE 30 . In Taiwan that company PE only 23 also history high but frontkn PE 30 . So I suggest, who still hold frontkn share , make sure you need fast see that qr when come out and make a decision. Unless you buy in cheap price . For who just buy in d , better take your own risk. Set in what price you cut loss . If up still hold.
I see few company technologies qr also cannot support they PE . Good luck everyone
@Aries when chips get smaller, high precision cleaning services providers have to keep up and adopt more advanced technology to serve the semiconductor industry. Frontken has been doing this over the last 4 years, investing up to RM40 million in new high precision cleaning equipment. I wonder if they can keep up again with tsmc.
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....
GooShen
5,400 posts
Posted by GooShen > 2019-10-21 09:22 |
Post removed.Why?