as i said last nite,this correction is healthy,the stock price cant gain everyday,UMA will issue by Bursa,so to avoid UMA,we need some correction,but u still need to hold tight during correction,cuz later the price will go higher level.
Walao, I face a huge lost leh. I just bought it this morning, paper lost about 20%. But, nvm lah. Long term I don't think this counter can't goes up. =)
i think 10.00 will be the support,beside stock split n bonus issue,remember the company ever announce RM120 dividend during the latest financial announcement,but the date not confirm yet.n beside these factors, the bright prospect of the company is the main share price support factor,just look at maybank n rhb target prices.We will not know what happen next to the share price,but if u are confident with the company 's growth than u can buy in and hold tight.
RHB research has reiterated its "buy" rating on the stock and raised its fair value for the company to RM12.20 per share (from RM10.37) - From The Edge
Cmsb buy sell pattern is very interesting one, it will sometimes go on bull run while sometimes it will seem like it just keeps fluctuating, mostly on dropping pattern. However when it reli goes on bull run, It would be a huge hike in price and you must catch it very fast because this stock too many traders or sharks just waiting to sell of to unsuspecting investors to gain quick profits. Usually it seldom ends the day with intraday highest price so you must alwAys be alert and cAtch the price at its highest. Also must not be too greedy, it can drop as fast as it goes up. However long term, cmsb is still a great stock with super strong fundamentals.
THE REASONS WHY IT IS BEHAVING LIKE THIS IS TO PUSH CONTRA PLAYERS AWAY.. SECOND TO BE CAREFULL FROM BURSA POLICE WATCHFULL EYES.. VERY VERY SMART COUNTER, IT IS MAKING SURE GENUINE INVESTORS ARE INVESTING IN IT, AND PUMPING IN FEAR IN CONTRA PLAYERS... MUCH MORE SMARTER WHEN COMPARED TO DATASONIC.. DATASONIC IS A MAD DOG, IT ALWAYS FORGET THAT BURSA POLICE ARE WATCHING
DO NOT WORRY EVENTHOUGH IF YOU HAD BOUGHT IT HIGH,, MOST VITAL IS YOU ARE A GENUINE INVESTOR NOT CONTRA PLAYER.. THIS COUNTER IS TRYING TO PUMP IN FEAR IN THE MIND OF CONTRA PLAYERS,,SO THAT THEY WILL NOT COME NEAR IT AT ALL..THEN THE CORRECTION IS NEEDED TO DILUTE IT S OVERBOUGHT RSI READINGS..DO NOT WORRY MY FREN----林俊松
if i'm not mistaken 林俊松 , you earn quite a lot from dsonic, inari and dksh. and I think previously, u have CMSB at a lower price and sold it off. so, you're well protected from losses I guess :)
This drop is purposely make for big giant to collect the position. If every day up. No one sell .where to get the share. This technique is use to scare the contra player. Offload...offload....not enough...some more
Elvin Beh Chun Yen, last time I bought CMSB when its price at RM7.60, no body believe me when I shout TP RM10, all ppl said sky high TP. I sold it last week when the price hit RM9.40. I bought it back today because of share split & bonus, now I'm going to shout my TP is RM15!!!
Yea, I should hold. Because that time my warrant can't b sold due to bursa regulation, then I ask my dealer to solve it for me. I immediately sell my warrant once the block is uplifted. Now, I had no choice but to buy it back~
I bought back warrant-cd at 57.5 cents this morning, then buy again at 50.5 cents in the afternoon to average down. Last month I bought the warrant only 18.5 cents, then sold at 33 cents last week. Haiz...
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....
Joel
4,580 posts
Posted by Joel > 2014-04-03 15:01 | Report Abuse
rebound back now !!!