If you look at the volumes on Monday and Tuesday, you probably notice that they were quite close to i.e. ~137 milions shares. Also on Tuesday, there was a big price gap on that day, this means that most of the contra players have been flushed out during thr panic selling. So we dont have to worry too much about the T4 for Monday and Tuesday. Thus we probably will see good price upward movement in the afternoon.
ykinvestor: you can be right too but based on the second day 1.25-1.30 are outliers, not much transaction therefore can't take into account and the panic selling doesn't last long b4 it went up support well at averagely 1.20. Hence for me, contra high possibility r still there..hmm~
Its a good play by big boys. Today is T + 4, A lot of weak holders has covered from 1.13 to 1.17. Insas is a new animal, with strong eps ; NTA of $1.54 and retained earnings of $252m; Reserves $36.842; Share Premium $47.751m.
Keeping a bit longer is not much of a problem, to be more conservative the next target to cross is $1.30 benchmark.
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....
Joel
4,580 posts
Posted by Joel > 2014-03-28 07:51 | Report Abuse
imposible drop to 1.06 !!!
Jangan Harap!
Accumulate today bcos today is really going to rebuound to next higher price even more than RM1.35 !!!