I remember story where a boy used to sneak inside a gym without membership and didn't stop sneaking even after many warnings. The boy was broke and lived on streets.
Gym owner called police and handed over the boy to police with trespassing charges on him. Police man rather than making a quick judgement and arresting boy, tried to understand the situation and asked boy nicely about his actions.
Boy was very innocent and just wanted to play basketball. Police man ended up buying that boy yearly gym membership. His actions stopped that kid from doing anything bizarre or making some wrong choice of his life. This small action of police man might have just saved this world from upcoming criminal and boy from bad decisions.
So Mickey if you want us to help you buy TDM do let us know...
Hate to see you missing this ship when it fly.. Plantation will be the next wave after Gloves..
Wah...didn't know you love me so much...checking on me...
The good thing is I don't delete what I wrote...unlike you who like to delete your posts...
Like I shared earlier, KLK climbs RM 1.18 on 27th. Yesterday drop only 6 sens due to Hari Raya Profit taking.
Since you are so rajin checking KLK, why don't you check my comments in IOI Corp ,Sime Darby, Ta'ann, SOP, FGV, Jtiasa, TSH, BP Plant and TH Plant as well...
Tilik?
Please check my reply to fucukasus when dealing with TP as I hate repeating what I said earlier..
I usually use TA as guidelines to supplement my trading. Here are another two data for your reference:
If you look at the chart on that day when I responded to his question, the Support and Resistance are :
S1 0.255, S2 0.25 R 1 (TP) : 0.29, R 2 (TP) : 0.315
If you look Gann Support
Gann Support (EP/CL): 0.25/0.23 | Resistance (TP): 0.28/0.31
...and you will get different TP...What does this tell you?
Now let's take a look at all the Stock market research house. As you know, all of them uses TA to justify their entry price and selling price. All have them have the same historical share price which is the foundation for their charts. My question is, if all of them are having the same data, how come all of them come out with different price for buy and sell call? Why is there a difference?
The reason for the difference in buy/sell call price from different research house, they are different is because everyone using TA are just doing guessing work, aka gamble. Today this research house is right, tomorrow another research house is right... so who's TA formula is more accurate? Inconsistency in accuracy means they are nothing more than guessing work.
Even in the current Bullish Health Care Rally we can already see this happening. I feel glove is more sensible to rally than pharmaceutical counters. Pharma rally is not logic since no vaccine is on the shelves. Those that entered are currently trapped when the market retraced last week.
That is why some the long-term Investors say TA is rubbish.
Hence, don’t waste your time on TA, spend your time to learn about the company business, go and dig out real data from inside the company. Then you will see clearly what you are buying, when to enter and when not to enter. You will get exactly what you know about the company.
One thing I'm clear, Plantation will be the next wave after Gloves..
Right now, overall the Plantation weather smell FRESH and LOVELY Today....
Shah Rukh Khan, Salman Khan and Ameer Khan sent their regards to all Plantation Investors here...
Chappati, Tosei, Briyani does not taste the same without our Palm Oil...
Looks like Mickey Mouse is going to miss another opportunity to make something for himself.
Meow..
P/S Since you like checking yesterday Miss Mabel took some profits by selling some of her holding in Glove Fantastic Four to buy stake in Petronas Chemicals. PCHEM is the Biggest O&G Company in Malaysia and is current ranked No 6 in KLSE Top 10 Biggest Company. This will be my latest collection in O&G (18th Battleships). I haven't post in PCHEM forum yet...but will do when I have time. Why don't you join me in PCHEM...Let see if you can find some negative thing in PCHEM..
@Mikecyc haha old cat is lost until blur blur ke .. 77 stocks in 2019 29/07/2020 9:25 AM
Since you keep parratoing the same tune.
I sold all my shares pre GE14. I reentered back into KLSE after GE14 with 22 companies. During 2019, Miss Mabel has increased her position to 77 companies. Right now in 2020, she has further improved her position to 88 companies. The latest inclusion includes Gloves Fantastic Four, Tier 1 Banks, Tier 1 Utilities, Tier 1 Battleships and Tier 1 Logistics.
88 is a nice number. Hence any new addition will mean I will sell the exiting companies. When I decided to go for PCHEM, I sold one of my Property counters...
Current TDM price has been factored in. Otherwise TDM will be price like TSH and /or TaANN..
Just like FGV, Federal Government will not let it perish. So many voters involve. Likewise, the same with TDM, Terengganu State Government will not this company down...
Remember Armada? You said the same thing...AK will not let his FPSO down...Now HLInvest is upbeat about Armada
We expect crude oil prices to trade sideways from its June average price in 3Q20 (USD43/bbl) on slower demand recovery arising from potential re emergence of lockdown measures from Covid-19, which has worsened in north/south America, Brazil and India. However, we expect the recovery in demand from countries recovering from Covid-19 (Europe, Middle East and China) to mitigate the potential lost in demand from severely affected nations. We believe that the oil market would be closer to its equilibrium in 4Q20 (USD50/bbl) and we expect Brent crude oil to average at USD44/bbl in 2020. We believe that Petronas would remain conservative on its capex spending and we expect it to come below its planned capex cuts of 21%. We believe that it is still not the time to bottom fish for upstream O&G services names. Bumi Armada (TP: RM0.41; BUY) is our top pick for the sector as we believe it is relatively insulated from the volatility and fluctuations in oil prices and capex spending from oil majors.
Don't try to con people to sell low so that you can collect at cheap price lah...
Price stabilising at 25sen ... with cpo prices way past RM2600/ton ... there is plenty of room for upside ... it has shy away from RM2000/ton prices rock bottom a few months ago bc of MCO lockdowns ... and racing towards year end yearly peaks .. so a very good place to accumulate now
With fcpo touching a high of RM2900/ton briefly , it looks highly probable that it will retest that resistance and with a few months towards year end peaks .., likely this year ‘s yearend peak go way above the last .... so a potential upside of past 43 sen ...
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 175 views | 20 h ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 418 views | 4 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
bulldog
12,157 posts
Posted by bulldog > 2020-07-29 00:06 |
Post removed.Why?