Keep calm. Buy on dip. Hardly go straight up. Ping-pong balls always there, for how long nobody knows. Real investors, decide and invest. Not keen, don't invest. Just like that.
Waterfall, after rising up a lot. At what price will it hold ? Monitor till see long tail hammer, and after if got long white candle, then can consider. Worth to think is - what is the fundamental basis for increase in price ?
Shines kor, yes, 5148 is too high , I opt out. But others, may be yes, can buy some on dip in stages. Oh, just notice this thread is about 1589, I already opt out this bb since May after its Para8.03A yet to settle, I will give it a missed after it shot up like nobody business from 0.4 to 0.8, it is kinda gila (rise without realize anything on their land or whatever, it is the big guys behind wanna push up bcoz of Johor devt only). My point of view on 1589 is this, it has less shares vs other GLC (5148/1651 and 8877), mkt float is less and million(s) shares is enough for them to play magic and make punters boi tahan and chase up. For me, I am out for this bb, until 24 Sep 2023 then see how it goes.
wssvin: I also not sure about what to say about it. It is purely my own decision not to board 1589 since May, so I missed huge profit from this bb, but no regret, and can't regret, give it a missed only.
And, botok 8877 is heavy and fat abit vs 1589, harder to push and bcoz of botak lim wanna to "private placement" so he purposely don't let the share price shot up (follow 1589).
If me, I will still wait for this bb until (after) 23 Sep 2023 then will make decision.
The "red" is seem scary. Daytrade and short seller trade and cover their positions on the same day, any chance of PUSHING UP is to let them to sell higher and then buy back lower.
Its landbank is still the biggest advantage if our govt is stable and Johor is able to continue to develop as its plan (RTS/HSR/and more)... (if talking abt landbank, 5148 is a better one,more landbank and got great potential, but 5148 Urusharta's SBL transactions, those few hundred million shares were lent out to borrowers, until now still haven't call back, so 5148 may still have SHOW ... for mid term and longer term, my 2cents. Btw, if those SBL shares r called back to return to the lender, then Urusharta will become > 5% sustantial shareholder again, out of sudden! Magic! Many ppl don't see those "sold" shares are SBL transactions!!! Those shares are still belong to Urusharta, they haven't sold it!)
All weak holders , contra gamblers were washed out easily in 2 days ! I already told u all dont sell any single ticket until 2026 , harapan will win 2 positions in johor this saturday and monday u will see how high it surge ! U better sapu tickets in dip before 5pm today !
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....
NatsukoMishima
8,245 posts
Posted by NatsukoMishima > 2023-09-06 13:22 | Report Abuse
Buy before too late !