i feel not easy to get ALCOM at 79 now, DJ futures shows +ve open, n all ALCOM holders here see good value going forward n not willing to b shortchanged by a passing storm..
ALCOM holders resolve n confidence in the new mgmt's new game plan for a better future, has been duly put to the test the past month.
Since the intraday high of rm1.08 on Jan 8, ALCOM price is now at 81 sen, a sharp decline of -25% from its recent high. It is also -5% from its previous closing low of 85 sen.
In fact, the price has retraced to mid April 2016 level.
Most ALCOM holders are face with modest -5% to high of -25% (for those unfortunate to buy at highest) paper loss.
Seasoned investors with a more diversified porfolio of stocks may fare better.
Yes, good for each of us to review, n see how we can do better for rest of 2018.
My main regret is not keeping to a strict cash level of untouched funds, to tap in for emergency situation like now, when there are potentially bargains everywhere, but no uncommited funds to take advantage of it. Since 2018 is expected to b a volatile year, i would seek to rebalance my stocks selections , raise some cash when opportunity permits. Alternately, is to move in fresh funds from other sources such as fd,gold ac etc when BURSA is more stable.
for the coming week, ALCOM holders must continue to b firm, in our stand that we will not b shortchanged to sell at this level, when the value of ALCOM is seen to b at least rm1.50 by year end, according to experienced hands.
On our own, we are easy meat for the opportunists who can easily outmaneuver each of us individually,
BUT, when we stand united n refused to deal with these cheap skats opportunists, ie we will NOT SELL, ALCOM at such a rock bottom unreasonably low price,, then ALCOM's price can only go one way, in time.
Our views is not based on personal sentiments or wishes but on the strength of ALCOM's amazing BOARD OF TOP GUNS / proven experienced hands/ overachievers in their fields.
Yes, we were a bit early to the game, but no one knows the future, n it is always better to b early than late, when we are dealing with such an impressive BOARD like in ALCOM.
point of clarification on the 'cheap skat opportunists' here is of course NOT referring to our ALCOM holders/investors (the unnamed heroes) who have been earnestly supporting ALCOM, even though the price was dropping steadily past 2 weeks, due to external sentiments.
You guys are the unsung heroes, n deserve to b seated in the front row, in the coming EGM, facing the BOARD, as a mark of recognition to your fortitude in the face of great odds. hahaha !
Thank you to all ALCOM holders,let us unite to defend our rights, n not b short changed !
ALCOM is slowly waking up...still in CNY mood..hahaha,..slow but +ve signs of more to come.. keep holding tight..its only 1st day of trading ..i'm still on leave, b back on wed. Cheers !
may not b the QR, since only got 3 qtr for fin. yr 2017( ?), result may not b spectacular. ALCOM still considered slow starter, the increasing vol. make one hopeful though
Could the positive volume today be related to a favourable incoming 3rd Quarterly report? The leaves of a tree don't move without reason. The big player has probably decided that it's time to move Alcom.
actually, sort of expected, could b due to increasing high cost of aluminium used as raw material , (but this year shd be better as RM vs US $ rateimproved ) that's why BOARD came out with this new strategic plan..let's see tmrw..thank you
this results is ok result, still make money, not making a loss, that need immediate cutloss now is wait for new catalyst to come in, the EGM to ann new strategy going forward, if selldown by interesed parties, means it shd go up aftr this..just my view
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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....
JW Leong
99 posts
Posted by JW Leong > 2018-02-09 09:15 | Report Abuse
Market sentiment very weak..hold tight ALCOM holders!