if you look at the recent historical daily price movements, it bound around 2 cents daily. the support level is 0.875 and the price has always closed above 0.88 in recent weeks. Conclusion, 0.88 is a GOOD TRADING BUY tomorrow!
dave555 thanks for the high regard ...... i luv it ..... lol ...; ok jokes aside, if i am, i will want to SWALLOW all the shares & then vote the management out or at least get them to do something; more dividend, buybacks, spin-off etc. the thing is they can do MANY things but so far we can only hope :( and yes mickaelp; by all indicators, RSI, MACD etc etc. it's oversold but it can get even more oversold
I'm wondering why the director what to buy at > Rm 1 when he can purchase from open market (current price) at around Rm 0.82 ? It doesn't make sense. If Monday the price drop further I better cut loss. Small loss is better than Huge loss.
I suspect recent sell down is done by director himself . If not why another counter rebounded today but Insas keep dropping . The chart seems like break down from head & shoulder.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
slts
2,234 posts
Posted by slts > 2014-01-16 12:33 | Report Abuse
I been dumping some "junk" I've had for a long time to buy more Insas. It's a new year so clean house and buy something NEW like more Insas !
u maybe adding more junks