Maybe yes and maybe not..maybe they want to take quick profit especially so when they went in at 29.5 cents. Or maybe there are other factors which have not been reflected as yet in the recent financial results.
yes....wat ahsook say is true.......limited downwards but unknown upwards limits....if u wanna talk bout the management of MAS...just 1 word to describe them..."sucks"....!!! but we dun care bout management, we just wanna have chances to make some profit...but GLC is much safer than any other private company which have unknown risk + limited upwards....especially on penny stocks...
do u think we have a chances of seeing MAS (such a big GLC) trading at below 20 cents? I dun think so....
no matter how bad a GLC performed....govt is always there to help them (won't close shop la..) Just dun fall in love with MAS...if u ask me MAS can buy to keep forever?? "BUY" can....."KEEP FOREVER"??....better keep in FD lor.......
MAS price at 31 cents had passed the 7 day MA at 30 cents and is now hitting resistance at 20 day MA of 31.1 cents. Next immediate target for MAS is 50 day MA at 35 cents. MAS is still in Bearish state but recent advancing price action seemed less bearish that earlier on.
IF MAS price can surpass and stay above 200 day MA of 45 cents then it is considered bullish state.
However ADX, GMMA, MACD and stochastic indicate possible reduced bearishness and possible trend change. By the time MAS is confirmed bullish, then the minimum price to pay is 45 cents!!
We cannot fall in love with MAS but we must always be vigilant and be alert on latest performance results arising from now onward. As long as MAS can continue to deliver more and more goodies then ride on MAS..soar with MAS and hold on tight to the shares. The moment the fundamental changes for MAS which reverses its prior trend results then its time to cut out.
My take is MAS will start to perform much better than the past from now onward. How good or superb it performs ..we will see and only time will tell and the good news is....we will have time.
With Mahathir' and Badawi'families sucking it dry - mana boleh terbang tinggi lah. Soon AIRasia also will be the same cos Brahim is now their food supplier lah. Susah betul - terbang pun tak boleh.
MAS Terbang tinggi melangit???????? Eh eh..Ramai tidak mempunyai keyakinan setakat ini..
Got to wait for MAS achievement record against MAS KPIs that shows evidence of initial profits followed by increasing profits, increasing cashflow generation and maybe token dividend payout..
My take is that MAS price may go down further although limited especially in the event of KLSE bear raid big time, in which case that would happen to other counters too. Limited in the sense that MAS is cheap, that is if you bought at circa 0.30, it'd be relatively small capital for so many no. of lots. If the price dives to below 0.20 in such scenario, loses percentage wise that would be quite substantial. But for long term and relatively small capital, investors should be able to hold for better nos.
In long term, the price would have to move higher than 0.30, nobody knows exactly when and how much albeit all the TAs and whatnofs...but we could ourselves make our guess. Such guessing is the act of taking risk, facing the unknowns, each with own ideas and aspirations. But each man is his own pretty much. Some people are full of confidence, some not, some have strong faith waiting for the grace of God, etc.
In short term, just in case RHB's prophecies turn out to be true, at 0.40ish is quite a good deal too for buyers at 0.30ish.
For me, I had spent a certain amount to buy a few hundred lots. This is the money that I could afford to lose, it is a risk but low risk. Some sort of a gamble but in true sense I see there are some logics in buying at 0.30, especially the current all time low for a national carrier which is belong to the Government. Should this money stuck in MAS, it is okay because it is a small amount.
On the other hand I am praying days and nights for KLSE and the world stock markets to crash, like in 1998, 2009, like during the black Monday, there would blood, the analysts and stock markets gurus faces turn pale,etc. those is the time that is good for me........so that I could buy cheap cheap...while others run for their lives.
I believe the path toward wealth is quite slow, a little mysterious, requires bundles of luck, self confidence beyond measure, the guts to make decision when need arises and the skill on timing..etc.
As far as MAS is concern such path isn't so clear. I would not dream to make too much money out of it. 2 cents only lar...
When noted Financial Gurus predict 20% to 30 % correction for DOW...That will not happen. DOW had already corrected. Smart money had already cashed out of BONDs and the money had and will continue to flow into equities.
FED tapering will result in increase of global interest rates. But FED only say that it may taper but FED had not tapered. This creates recent overreaction in the equities market due to the uncertainty from possible, probable and timing of FED tapering.
Notwithstanding the above, my take is equities will resume its upward trend albeit in a cautious mode.
AS for MAS, the worst is over for MAS due to recent rights exercise and latest management efforts to increase passenger yield, attract new users and with their recent financial disaster, MAS will have developed competency in costing, hedging skills to mitigate financial risks.
At this juncture, MAS is a trading play and at 31 cents price level..my take is there will more upside than downside for MAS at this level.
Ringgit is now at level before foreign funds come in. Were Foreign funds invested in MAS previouly in a big way?? I very much doubt whether foreign funds would invest in MAS before as they already had the latest info on MAS then.
MAS price at 31.5 cents had passed the 7 day MA at 30 cents, passed the 20 day MA resistance of 31.1 cents. Next target resistance for MAS is 50 day MA at 35 cents.
MAS is flying out of bearish zone now and once it passed 45 cents and stays above 45 cents MAS will be flying in Bullish Zone.
Not nice to guris hati org lain..we make money..good for us If other think will drop to .27c ...up to them After all..this is share market..siapa kena..dia untung
We are very pleased to info you that MAS is flying at 31.5 cents now. We have confidently flew with ease over the 7 day MA at 30 cents and the 20 day MA at 31.1 cents. We will like to inform everyone that we are comfortably coasting at 31.5 cents level now
Please brace yourself for some turbulence as we anticipate some resistance and turbulence at the 50 day MA at 35 cents level !!!
We have a very good discussion here, i really enjoy reading some of the postings, glad for members that booked the flight early ,so far , we ve clear sky . Well , just enjoy the flight and good view. Hopefully the CAPTAIN will bring us good NEWS along the way
Wahaha126, why u so naive MAS active Trading share only 1.8 Billion, Because Khazanah hold permanently 11.5 Billion Share. MAS will Fly soon. Unless Khazanah Dumping Lo but very Unlikely our PM will allow that happen.
good horse never turn back to eat the old grass, this advice really work and proved by a stock - LUSTER !! So, why don't try to eat the new growing grass- MAS !! GOOD LUCK ^-^
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....
tsurukame
778 posts
Posted by tsurukame > 2013-07-01 16:03 | Report Abuse
Maybe yes and maybe not..maybe they want to take quick profit especially so when they went in at 29.5 cents. Or maybe there are other factors which have not been reflected as yet in the recent financial results.