If u draw a trendline, u will found that it will achieve 40 sen before it come down again. Please look at april and july trend.i will sell all once it reach 40 sen
Alamak! Snookered again......so much churning just to come out these guys. Bad closing and result tak boleh pakai langsung. Company hardly making money, my uncle coffee-shop can make more than Mpay aiyoyo. Terrible...........
PE ratio a whopping 75X already. Zero earnings growth, last quarter earnings deteriorating and worst than previous quarter...........how to be bullish lar based on this result Encik rafhan?
Never mind lar Jacky8926 you cannot accept the basic facts and result. Kalau Madiba tells me something next time I juga diam diam ok. Tak payah susah susah to share.....
I believe tomorrow you still have chance to sell at 28 or 29 cent; and I dont think you are at huge lost. Why terrible? WI prefer to hold the share and sell it at 33 - 35 cent and drink at your uncle coffee shop.pay him double and keep the change.
Do not lose heart Mpayians. Technically, Mpay is heading upwards not only because of the falling wedge formation which is bullish but also another formation: the cup and handle. This is an overall consolidation phase and the resolute will win out. Fact is prices do move up and down b4 hitting new highs. It takes time.
If Mpay gets the contract, then very good. Otherwise, they can now concentrate on their business besides the govt. ctr. Either way, it's ok. It is not some bad money losing stock. So cheer up! Massage your hearts a bit and breatheeeeeeeeeeee.
To think of Mpay losing 20 to 30% value from here would be to frighten your ownself to death for nothing. Even with below expectation results stocks have been known to carry on according to technicals which form the other part of overall analysis.
True. As well, historicals, past results do not necessarily paint the potential/future. otherwise, counter 5220 would not have hit 1bn in vol on 20aug.
There is a better chance of an uptrend - "trend is your friend" as pple say, than otherwise. 3 scenarios - uptrend continues, sideways or down. I would go with the uptrend because we are in that. How else are you going to trade? Sell and wait until 21cts? There will be plenty of time to square the position if that is the case. I would stop out at 27cts. Or what? What if it is like now, when pxs are moving in the uptrend? Won't that be missed opportunity?
My chart show that the new wave forming with this 2 trading days..with the new support at 0.285..also trading above the trend line..but still too early to say that 'up trend' has been secured..i would say wednesday is the best time to confirm the trend..could the price sustain the momentum?here got many sifu in chart can give better opinion..n also maybe my chart was wrong..
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....
tony__kow
265 posts
Posted by tony__kow > 2014-08-26 10:09 | Report Abuse
look like a trap