Once things settles down, ( it always will ) it will be back to basics(fundamental). will take time and depends on next 2 quarters result. People should not sell at all now. Price will rise back naturally to at least 50 sen if no selling pressure.
Dow futures is up and HSI put warrants are currently trading lower, a good sign. Remember - do not chase high. Always preserve capital for any downside.
America and China, the world's two largest economies, may soon be in a trade war. Leaders from the two nations have announced tariffs on each other. But the real fear among businesses, investors and lawmakers: Escalation.
This could just be the beginning -- "the first of many" trade actions, as President Trump put it Thursday.
There may be a slight squeeze in margins but only from 15 March to 31 March 2018. However the squeeze is only very marginal, moreover only for the last 2 weeks of this quarter. Previous quarter the margins are even lower but still reporting rm30mil gross profit and rm25Mil net profit. One other factor is demand. Demand has not dropped at all.
When the dust settles, this company will show its muscles. However, many people might want to catch the bottom.. from experience, it's difficult to catch that. So either hold and let the results prove in May. Or sell now and hope to buy at lower price. The stock price is being suppressed by 2 sen every day to encourage weak holders to sell. Whoever is buying all the scripts are hoping to make money and lots of money when the next results are announced. And maybe dividends also.
So people can say to of 25 sen or 20 sen or whatever. If it ever goes down to that level, I will also make a lot of money by continue buying.
if u believe huaan will raise back...then just hold...that all... if u believe huaan wont be raise back to 0.50 above....then u better cut loss... nobody will know what happen on next few week...maybe suddenly from 0.34 boom to 0.60... maybe 0.34 boom down to 0.20.... Just try your luck... And good luck for the member still hold...
just a little opinion...i think huaan will raise back...just dunno can reach 0.50 and above or not... someguy buy at 0.50 above....if huaan really raise back to 0.50...try cut loss frist...
Posted by xjteh > Mar 21, 2018 04:58 PM | Report Abuse X
Is the downtrend to be continued? Yes, from 6cts to 66.5cts, it was 10x up, maybe we should observe if the price settle down around the 50% retracement zone which is around 33cts
Is the downtrend continued after hitting 33cts? Most probably yes, next level is 29cts.
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....
JokerT
1,391 posts
Posted by JokerT > 2018-03-26 01:34 | Report Abuse
rebound