what is the down side? drop back to 50 sens? What is the upside? RM 1 or RM 1.5? As long as the upside is much greater than down side; it is worth a gamble. Besides, the NTA of RM1.4 means the stock may shoot up when they start declaring profit. BJ corp got so many bullets to fire if they want to make big profit, to make financial report look good; like sell land, sell shares etc. Yes it can drop, but it can also rise. Technical chart is showing an uptrend with a 60 sens resistance. Lets see what is going to happen today. Cautious investors can wait till the price break the 60sens barrier. Next GM meeting BJcorp will request to buy back up to 10% of shares. Will that happen? Shareholders will hope so. Lets see. Good luck everyone, may the force be with you.
Yes Calvin is looking to buy on weakness. In year 2006 My Johor Sifu bought all the way from 39 cents to RM1.00 following Goldman Sachs buying pattern.
Dato Zurainah has been buying & buying almost every day
And Calvin think it is definitely good to buy more on weakness now that Edgedaily & Star online also did not give accurate report on BJ Corp. These skin deep reporters don't understand the true nature of BJ Corp. Only Insider like Zuraidah can SEE the real value
Hints up 26th Sept... Vol 2mil for Bjcorp 30th Sept .... Panic selling Vol 200k .... thats means only 10% who are being panic ... big investor are happy collecting
I'm always monitoring at the momentum. Look at ytd after 12noon, the result release should already triggered most of the insider investor to throw kuat kuat since ytd... we should already been trapped by then ... official announce at bursa is at 6pm... but closing price? Mother up 0.015 rather than trapping at lower price... so if 90% didn't throw, why do you choose to be the 10% :)
Smart to take profit when the sharks mark up the price. Remember...paper profit can become loss in a matters of minutes. Just do not get trappppp....swim faster than the sharkys...
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....
datuk
4,935 posts
Posted by datuk > 2014-09-30 08:33 | Report Abuse
No growth in earnings n consistently growth in earnings, this share is for short term casino only
Until n unless...profit n impressive profit ...no talk!
Sell more today!!