KUALA LUMPUR (Nov 5): MRCB George Kent Sdn Bhd, a joint venture company between Malaysian Resources Corp Bhd (MRCB) and George Kent (Malaysia) Bhd, has bagged a RM11.86 billion contract to build the Light Rail Transit Line 3 (LRT 3) project from Bandar Utama to Johan Setia.
yes, everybody better don’t buy this counter very bad .... I buy enough oredy I die myself I wont drag anyone along trust me.... guys don’t buy now ah!!!!
In the end only tiger show. Lets wait for our abg trump punya statemeng whether will affect dow. Hopefuy dow merah tonight and green tomorrow. If the other way round, this impotent stock will be back to 0.8 7
To all those noisy fellas out there saying theres a huge block at 0.80 and that mrcb will collapse. KLCI down 0.30% but mrcb is up almost 3%. If the sentiment on the counter is so bad and that broad sentiment (KLCI) is bad as well, u think they will wait for you to take their offers? As an institutional investor u think they will mind that 2-3 sens slippage on .76? If they really want to sell, they would have sold early, not parking their offers at 0.80
Honestly, i dont know who and why are they offering there. But based on experience, as an institutional investor/trader, slippage is very common due to the sheer size that an institution is allowed to manage. Hence when monitoring their stop loss limits, they always factor in some slippage to buffer. Also, if an institution really wants to sell or if they have decided its a sell, they will just sell at the bid (if the instrument is a liquid one). To offer there, typically they are just taking some chips off the table, to gather more bullet. OR they may want to slow the prices down to collect more at the bottom. This is done for other asset classes, not sure if its allowed in equities.
Aiyo we suka2 komen only.. Let the forum heppening. You look at the chart already know that 0.8 is resistance. So at that price should have more seller with less buyer.
I look at monthly chart.. Saw the price being hit twice since, despite there is some breakthrough in between. Ok2 terima kasih. Nanti saya cuba tengok itu ichimuku san carta mingguan rick dees
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....
amet2017
3,150 posts
Posted by amet2017 > 2018-11-05 11:37 | Report Abuse
Haha.. Spot on.