Ever ask ourselves why it went up so much, we gain so much? Post dividend payout adjustment naturally drop minus 20.5 sen. When market correction sets in, it will also drop. Not to forget other factors are also at work. Therefore if it can go up so much, it can also drop so much. However, when market conditions have normalized and rebound accordingly, the technicals will definitely indicate that it is possible to go up as much as it is destined to be. Alcom is genuine gold, not gold-plated gold. When the time is right, Alcom is going to shine with glistening brilliance again. Be patient, be patient. Time and tide waits for no man, but time and time will also make and mend and be your true friend.
Sorry guys. Din't get to comment on last nights trend. Gud morning to yuanlong57, LPTan68, kennyku,The_Reds, PlsGiveBonus and all Alcomates: Thank u v much 4 for all your comments.I m sure when the relatively new management of Alcom sees what kind of loyal shareholders of alcom they have they would b v pleased with u guys n hopefully reward u guys plentifully in the future. From what I can gather the new management is a very organised n responsible team since taking over. With people of these calibres the growth of the company is ALMOST assured. Even if u guys have not done enough due diligence there r signs to tell us that in the market pricing itself. The price is at a historical high. Why is that? This is not like what some 'smart people say 'goreng here goreng' there counter. Always remember this guys. This company wasn't form just recently. Yes prices WILL ALWAYS drop when it has gone up too much.This is to get rid of the people who invested base on the 'goreng goreng' concept. There is no harm to that. It also does help people (smart money people) to b able to buy SOLID counters at a relatively cheaper price which otherwise they would never b able to afford if the prices keeps going through the roof. YES RJ87 was correct to say u can sell first and buy later BUT HOW many of us r " as smart as him" to see everything n how many of us will buy back later if v r the "goreng goreng' type. From experience n from seeing friends who r also the 'goreng goreng' type the people who makes the most money r the 'smart money' type. When u can get to buy a solid counter n stick your head in as investments( at a relatively cheap price) as an investment it will probably help to SET UP YOUR PENSION FUND later in life. However the time frame to hold is entirely up to each person. The good thing with investment in stocks is that v can cash convert it any time that we want. Therefore when u r happy with the profits u get out n let others carry the risks at a higher price. What LPTan68 says is right. A good solid counter is like liquor. The longer u keep the better the taste. It has all the potential to go higher and higher until it reaches its own equilibrium. The big question mark is WHICH IS A GOOD COUNTER TO INVEST IN AT A RELATIVELY LOW ENTRY PRICE THAT MANY OF US CAN AFFORD? EVERYONE knows that you can close one eye n buy into GENTING n lock it up in a safe n u will NEVER lose a single sen of your investment (Provided u dun sell when u r losing) but how many of us can afford it? That was what Warren Buffet was referring to when he said "only buy something u r perfectly happy to hold if the market shuts down for 10 years" unlike what some "smart aleck" was trying to twist the meanings of the quote. How he wish to interprete it is his prerogative. IT IS ENTIRELY WITHIN HIS RIGHT. Just put it in so that other people might understand the quote in it's correct perspective. Anyway these r food for thoughts for u guys who r relatively new to investing. Sharp drops will also have quick recoveries( especially for good counters) n that is also why I started topping up again yesterday. For the next few days through observations of the daily trend I mayb topping up further. Don't chase a counter when it's dropping. Let the sellers come to u at what u think is a reasonable entry point!!! U don't have to b an expert to know what the markets thinks as a reasonable support n resistance level for THE DAY. It is always there for all to see! Yesterday the morning support was at 1.70. That's why I bought mine at 1.71 downwards. What the support level today dun know. U just have to observe the trend today. The market does not lie. It's up to us to interprete what it is telling us. So much for all these mambo jambo. GUD LUCK n happy trading! Comment not meant as a recommendation to buy or sell. Use infos only as u see fit!
did we missed out something? yes! that is on 5july 2017 this d day when force selling start late it came at 10 am if go short on 8am and pickup before 5pm wow! this big bundle sure very smell good..la
Ok. Here goes. A quick take on yesterday'd trade: 1) Selling pressure has subsided drastically. T + 4 traders from 30/6 are no more as of yesterday
2) Vol traded also drastically reduced indicating reason 1 above. 3) Having said that there may some more traders to b disposed of from last monday's n tuesday's trade pattern. The maestro may penalised these traders albeit a small one. However he may b generous enough to let them go with a slight slap on the wrist. Dun know. Have to wait n see. Observations is the key. 4) For true legit investors MAYB a good time to collect or top up but pls tread carefully. I had quite a good harvest yesterday. May stick my head in again depending on the trend. 5) As I see it the recovery would b quick n swift . This is typical of good growth counters after a long time in the doldrums. May v see the shining light of the ALCOM GOLDEN PALACE soon! Ok. That's how as I see it. Comment not meant as a recommendation to buy or sell. Use the infos as u see fit. Giud luck guys n happy trading!
forgat090: your oranges has turned v sweet indeed. Will b much sweeter if u keep your patience!!! Comment not meant as recommendation to buy or sell. Use infos as u see fit.
Jefflim1234 forgat090: your oranges has turned v sweet indeed. Will b much sweeter if u keep your patience!!! Comment not meant as recommendation to buy or sell. Use infos as u see fit. 07/07/2017 10:04
。。。。。。。。。。。。 yes thx brother ..nvm i sold out some only hehe that is contra
forgot090: No problem with being scared. Better b scared than being brave n not knowing when to b scared. At least u get to add to your seed capital. As long as u r comfortable with your profit no one can say u r right or wrong. There's no right or wrong! Just do what u r comfortable with. Everyone has their own reason yo buy or sell. Only advice is " Do your homework thoroughly n then neglect all distractions. Following noises in the market is one sure way of depleting your seed capital.
forgat090: Jefflim1234 berapa kali tambah nasi ?? hehehe Well. I would just say not bad for a hard days work. ( U know it does TAKE A LOT OF EFFORT). Anyway as I said b4 in my previous commentaries the recovery would b quick n swift. And I also did mention that if there's any more correction 2day MAYB the last day. That was why I chose to go in yesterday rather than rushing in with the mad crowd! The maestro was lenient enough to let last monday's traders out with just a slap on the wrist........just as a warning. If they r not out by 2day they'll b more sorry later. As I said b4 a good n solid company prefers good n loyal investors rather than speculators. Anyway without speculators there' ll b no chance to buy "sweet oranges" at a discounted price. Ok. That's all. Gud luck. Comment not meant as a recommendation to buy or sell. Use infos as u see fit.
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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....
tbk2017
28 posts
Posted by tbk2017 > 2017-07-07 00:55 | Report Abuse
Why last few days drop so much?