Insas will continue to move up today trying to breakout from RM 1.05 pyschological level. We have so many positive indicators supporting this counter. OBV signals continue accumulation of Insas. MACD pointing up and RSI not at overbought level yet. Trend lines also suppport the slowly but surely uptrend. All SMAs pointing up with no cross-over at sight. Happy Investing!.. Trade at your own risks!
Middle east problem probably cause oil price to drop. Subsequently lower the strength of Ringgit. Bursa will suffer because Ringgit is always the soft point. It doesn't matter if share price up 30%, ringgit drop 20% will kill most profit.
Nice.... hmm... i loaded back when i'm back from vacation before result. But don't dare to load too much as i'm not sure the direction of US federal reserve. Ringgit is my concern.... If ringgit show sign of going down, probably throw. But i knew najib already loaded with USD in preparation for election. To prevent ringgit go down.
@Toto2009... actually Qatar issue shouldn't effect much any Malaysian Contractors in Qatar..all construction project goes on business as usual..as of now...
Even i bought WCT-WE on todays' weakness (WCT has a major JV project in Qatar)
As Kuwait stepped-in as a mediator between Saudi and Qatar..the issue expected to resolve soon...or who knows, it might escalate the tension further..people are still waiting for Ruler press conference..finger-crossed xx
Anyway, its always good to avoid stock with high degree of uncertainty..
congrats the contrarian sifu .. any share u recommend now ? i got some fund on my hand .. btw i hook waseong ytd n today 91 915 920 dont know what happen dis counter just start bullish
it's abt leverage. Insas if can reach $1.22 as its 200% fib level, then it's ard 16% of upside. If its WB also goes up d same amount, then it's ard 48% of returns
linges, Golden Land cash rich, high NTA. Company starting to conduct share buyback past few days from 58 to 60 sen.. Last week I bought @ 58.5 sen and today I added more @ 60 sen. I think 58 sen was the bottom.
Insas warrants safe to leverage because the mother shares are very much undervalued and there's greater probability to keep rising up. The warrants also have long life.
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Posted by VenFx > 2017-06-06 00:15 | Report Abuse
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