In its latest financial notes accompanying its quarterly results, the company said while focusing on Asian markets to capture market share, it was also “looking for opportunities to expand its mobile application business to Europe.” So I guess maybe this expansion to Europe in July will lift the price to 70 sen....correct?
@richkid, I think it will reach 0.7 way sooner than that, Europe is just one of the catalysts, there are many more others. Today's overall volume is also extremely low in KLSE, I think only 60% of the normal
Next monday will be a rebound...buy now...before it gap up again to 40 sen. Today's selling volume is too little meaning it is just profit taking..nobody wants to sell cheaper as everyone is holding on for higher price. Contra players selling today.
@saifol, I agree with richkid. If Wintoni ends in red today, next Monday will be a strong rebound, testing the 0.4 resistance, after that, it will just fly
@madmoney Yes I remember Wintoni was down to 28 sen...and I tell everyone to cut loss but it shot up to 36 sen...This shows the stock is very resilient...and not the normal goreng stock that will die off. It is fundamentally strong, with good future and not a loss making company. Yap Kok Weng keeps on acquiring the shares and this augurs well to keep Wintoni going up the ladder. So today those negative players will regret if it rebound sharply next week.
taka.... i do belive that wintoni will bounce back but i dun think it will so soon.... still have 3 firms buying this wintoni need to upfront.... so i think will retest at 0.30 ......
Only 3 firm buying with upfront , but what about other , you said they said the truth is trust yourself buy or don't buy simple because is not see saw , is solid news from what I know . Up
@rapidbeginner, the sell off was because nobody knew what was going on, only negative news + rumours flying around that caused panic selling, now people know what is going on, so the basics are intact and firm, the only direction is up unless big players take some profit
Who's behind all this with cash to buy , maybank - RHB - and last CImB so think of it who's taiko behind . Sure the profit is the pocket , safe n sound that was yesterday . Monday back to normal to 0.4 plus this is what the taiko said .
Hahaha proven true...this is the latest from Maybank investment bank research If wintoni is no good why Maybank such a big bank would want to highlight this? Wintoni???? It is because Wintoni is fundamentally strong with good future and potential share to go up. See below link research paper dated 20th March 2015.
it's based purely on 'technicals'....moves like that is an obvious 'buy' as far as Chartists are concern. Mind you ...market makers know a thing or two about 'technicals' ..at times they calibrate the price dynamics in a way that give rise to a 'bullish' technical signal...to attract unsuspecting 'technical driven traders'....just my 2 cents worth....
I hv been traded in shares for more than 20 yrs. My fate has been up n down. This 1 shares Wintoni has returned all my pride that I lost all this while. Im still holding substantial portion of Wintoni after disposed off some panicly last few days. Surprising t he price is solidly maintained despite huge force selling. Will ride on it till their last card revealed .It maybe challenging but I believe its worth the return. I guess Wintoni will become best performing stock of the year!
Good morning! Good news! Yes, Yap keeps buying more and more...maybe next week... U.S. stocks soared on Friday as traders cheered earnings from blue-chip!!!!!!! Wintoni will fly next week!!!
On 13/03/2015 Yap Kok Weng acquired 14,770,000 shares and the price is range from of 34 - 38.5 sen on that day. Why talk about NAV ? Big guy knows best the value of Wintoni. He is willing to pay that premium meaning something big is on. If not you think he would acquire so many shares at this price? Think wisely lah...former SP setia CFO must be up to something.... just stay tuned.
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Taka
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Posted by Taka > 2015-03-20 15:54 | Report Abuse
Holland, holland.