Dave_8, UMA = Unusual Market Activity. Meaning, quiet counter suddenly shoots up in price without any reason/announcement being disclosed earlier to Bursa Malaysia.
Ajinomoto fell 25 sen to RM9 and investors who chased the stock up more than RM2 since last week decided it was time to take profit after the company was queried by Bursa Securities over the share price spike.
Oly. Your ajinomoto stock has syndicate inside. !!
Raider ask whether syndicate or genuine real investor buying leh ?? Just bcos ajinomoto up so much until SC need to query, it does not mean it is syndicate mah....!!
As raider say the earnings justify its price re-rating mah......!! Raider see it can breach Rm 10.00, of course today Dow fall & SC query the price will ease, but it is healthy consolidation. Those who miss the run can slowly accumulate when price drop loh.....bcos it can easily rebound bcos of good performance mah...!!
RAIDER ASK....WHY SYNDICATE WANT TO WASTE TIME IN SMALL CAP, LOW LIQUIDITY COUNTER LIKE AJINOMOTO LEH ?? IT IS THE INSTITUTIONAL INVESTORS THAT IS INTERESTED LOH.....A SMALL BUYING WILL SIMPLY PUSH UP THE PRICE BCOS OF LOW LIQUIDITY & SMALL CAP MAH....!!
Only short fall for this counter is, a lot holder's cost at 6.++. If they simply dump at 7.++ still making money. Other than this, this counter should keep long term
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....
Mohd Fahmi Bin Jaes
29,076 posts
Posted by Mohd Fahmi Bin Jaes > 2015-12-17 14:09 | Report Abuse
hm maybe. someone que 4k at 9.05