Generally, good advice for the margin trader. To beat him is to act like a marathon runner....i don't think the misai will sink his flagship.....most important....can afford to wait with spare cash !
book value of bjcorp is 1.25/share... basically trading near 40% discount.. so many nice business... i guess jus have to wait it out.. LOL.. avg purchase price of 0.88 still holding on..
Come on. Though I am a newbie and risk-averse, what's wrong with me? I am just only 20. Of course I need to manage the portfolio well. Anyway, I suggest not to buy this stock at this current moment since, as what is seen in its quarterly report, its performance leaves much to be desired. If I have not mistaken, the profit shrinks. On company's fundamental, it relies heavily on consumers' goods and services produced. However, since McDonald (Malaysia) was taken over by Golden Arches Sdn Bhd, it seems BJCorp loses gold egg. Technically, it is traded below its average prices (14 days, 30 days and 50 days). Currently, its price level is below the middle line of Bollinger's Band which signals that it will continue its down trend at least in short run. Moreover, its MACD is below zero. RSI remains sluggish within the range from 30 to 45, still considered excess sale. Equivalently, the stochastic indicator breaks below 20%. What is the point if we are vigorous to enter the market? As a buyer, we still have bargaining power in this context. Of course, this is only my opinion from a newbie perspectives. I appreciate if you could give some valuable comments to me.
haha... sigh.. previously blindly buying at 0.95 coz din do any TA.. tried dollar cost averaging it at 0.9, 0.81... now still dropping.. no choice but to hold. anyhow, i agree tat it wont up so fast... probably will test 0.50 based on previous low... maybe considering topping up then.. i still believe dollar cost averaging and hold long long might be the key
sam2828, no worries. In case you do not need the cash for any urgency, then don't realize the loss. I think it will rebound but it takes time. Well, since the financial report for financial year ended 30 of April 2012 has just been announced this afternoon on Bursa Website, the company still have a strong fundamental to support and maybe dividend announcement may follow, suppose that Tan Sri Vicent is not stingy with retail shareholders.
One thing I can say, if I have not mistaken, is that substantial shareholders try to press down the price now, as low as they can in attempt to give them chance to "sapu" cheap stocks. No surprise if you notice any share buyback or changes in substantial holders' interests are carried out.
:) thanks sjsoon.. i was betting on its cosway pharmacy in cooking.. that's what i'm doing right now.. waiting.. learnt a valuable lesson though.. haha
hi, im new in this investment...if i buy stock before the ex date for dividend, is it im entitled to get divedend of the stock if im sell after the excersice date???? hope for guidance from u all
Close to MCA and UMNO......If GE won by PKR...then my investment will be jump up substanially......i'm a contrarian......see thing from opposite eyes....hehehe
BiJi Corp can only rally if facebook share price rises above USD 45, VT miscalculated when he chose not to sell his shares on ipo listing day ... well above Usd 45, today very sad , below usd 18.... if he had like fb so much he could have sold & then buyback today .... even fb director also selling .... tells you much above fb value
Aiyah...KC....lu chow ngan lor.....I taught u an experience trader...?
Great businessman like the misai and pak robin......will find way to adpat and adjust themselve regardless who is in power.....
U see.....how the misai invested like a mad cow in Penang after LGE taken over as CM in Penang....let me tell you.....both were so close lar..... TKP is his proxy in the commerce chamber....see how he slam the ex cm.....
Moreover.....big portion of earning from BJ corp were main derived from oversea marketlah...
Respect and respect.....dare to acknowledge self weakness is the first step to success in any endeavor pursuing by you.....hau sang hor wai....hehehehe
many things still i dunno. no point in hiding the truth. learning or finding new things to learn everyday. if not people accuse me of calling myself god, as in some threads! :)
This counter is a MAJOR disappointment. Stay away! As far as I know, loses in Silverbird is one of the contributory problem. Price sliding gradually....may touch 50cents?
Yes andyteng. That is what my remiser tells me everytime I ask about Berjaya counters. Look elsewhere unless you are prepared to hold for a very very long time with measly dividend if any. Better off investing in other shares.
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 > 2012-08-29 11:16 | Report Abuse
add nother 100K unit today at rm0.678