mulpha is not a speculative stock like pdz sumatec, it has its instrinsic value. iskandar now is really a hot topic in malaysia. thus mulpha will definitely benefit. I will hold mulpha strongly without fear.
Mulpha International (MIT MK) Technical BUY with +14.6% potential return Last price : RM0.515 Target Price : RM0.550, RM0.590 Support : RM0.485 Stop-loss: RM0.480 BUY with a target price of RM0.590 with stoploss below RM0.480. MIT’s share price has made a breakout above the “rounding bottom” pattern on 23 Jul 14 before peaking at the high of RM0.550. Following a “return move” from the recent high, MIT met the support at the previous resistance of RM0.485 before maintaining consolidation in the past 7 days. However, yesterday’s strong gain on the back of a higher trading volume has established a new up-leg as the share price is set to resume its previous uptrend. The uptick in RSI signals a growing momentum and is thus likely to lift the share price higher in the near term. We expect the uptrend to restart as MIT is likely to retest the previous high of RM0.550, which if breached, could catapult the share price higher. Expected Timeframe: 2 weeks to 2 months
AbbyLoo, I am definitely collecting when it is in a bargain price. I will continue collecting and holding it. Mulpha is definitely an asset play which is not a speculative stock. Thus, don't worry and hold it when nobody wants it. As i told u bf, if everybody wants cash u give them cash n keep shares, but if everybody wants shares then u give them shares n u keep cash in your pocket for the next 1.
I read in the papers that one elderly man who has been away from KLSE for 3 years suddenly returned to Bursa and bought Sumatech at 61 cents. On the same day Sumatech crashed to 40 cents before rebounding.
Why he couldn't resist after being absent for 3 years? The hype & the story of so many making easy money punting and riding this "Sumatran Techno Tiger" finally overcame all his resistance.
He went in at the hottest peak and got burnt.
At night we light camp fires. And moths are attracted to the bright glowing light and hot hot fire. They are fascinated and lost all resistance and fly straight into the fire!
Penny Stock is now in a frenzy and many will rush blindly into it. BLINDED BY GREED! And many will get their hands burnt eventually.
Last week I visited I Parc by MahSing at Tanjung Pelepas Near PTP Free Port. This is the Latest News I got by networking.
IParc has 280 Semi D Factories & 80 Units of Detached Factories
I was told by The Sales Rep here that China Dragon Mart Will Be Building its 3,000 shopping outlets in PTP Free Port. Also Motorsports City Will Be Built Right Beside LEISURE FARM North West Zone!
But The Biggest Surprise Is - His Royal Highest The Sultan of Johor will be reclaiming land off Pendas for a 5,000 sq ft Man made Island - A Joint Venture with China's Country Garden. Purported to be even bigger in land size than Pangkor Island!
On this Island called FOREST CITY will be a private air landing strip for VIP & VVIP light aircraft to land. And a Casino will be built here with duty free and easy entry for those Rich people to play.
That's why I went to BJ Corp Forum to tell them about VT getting his gaming license at last.
And this will also have spillover effect on LEISURE FARM.
If you are looking for good penny stock.. XDL is accorded 6.5 star rating in SPG, Next week there would be some surprise. Notice how CSL is also stabilizing.
Yes, XDL's Directors bought as high as 40 cents. So at 19 cents XDL is really a bargain at 50% to what they are buying. XDL has high NTA and a reasonable P/E. Downside is limited and since is China now in bull run XDL is worth a look.
Cnouhua at 9.5 cents is selling below NTA of 35 cents. In year 2012 Insiders sold a lot. Last quarter is negative. Since you heard new injection may come in. Better wait for clarity.
For Mulpha Mr. Lee has never sold any. And Mulpha is so undervalued. So Mulpha would be a better buy now.
just look into this stock and see calvin has good knowledge about this. Can kindly summarise few good points of the company? im little confused as i noticed that HOL is disposing shares from May..
Mulpha International (MIT MK) • Technical BUY with +14.6% potential return • Last price : RM0.515 • Target Price : RM0.550, RM0.590 • Support : RM0.485 • Stop-loss: RM0.480
BUY with a target price of RM0.590 with stoploss below RM0.480. MIT’s share price has made a breakout above the “rounding bottom” pattern on 23 Jul 14 before peaking at the high of RM0.550. Following a “return move” from the recent high, MIT met the support at the previous resistance of RM0.485 before maintaining consolidation in the past 7 days. However, yesterday’s strong gain on the back of a higher trading volume has established a new up-leg as the share price is set to resume its previous uptrend. The uptick in RSI signals a growing momentum and is thus likely to lift the share price higher in the near term. We expect the uptrend to restart as MIT is likely to retest the previous high of RM0.550, which if breached, could catapult the share price higher.
Looks like Mulpha half year results 2014 will STILL disappoint as subsidiaries are not performing. Insiders like Honest Oppurtunity already know Mulpha Q2 financial results beforehand and have reacted by shorting Mulpha.
Same with fund managers like Credit Swiss with insider information on Mudajaya Q2 results causing heavy selling (shorting) of Mudajaya shares on 3th July 2014.
Be careful...don't get carried away....follow the trend...you are trading with Giants.
3) LAUNCH OF TOWN HOUSE & SEMI DEES BY LEISURE FARM (See Star Papers Today!)
4) MULPHA Has Fallen To Attractive Price of 48.5 Cents Now.
AND THE BEST NEWS OF ALL! IN SPORE PM LEE & PM NAJIB ARE PLANNING FOR HIGH SPEED TRAIN! MULPHA'S LEISURE FARM DOORSTEP WILL HAVE A MODERN TRAIN STATION!
uchitech, where can I get the quarterly report. Do you think it has reach its low? Coz thinking of adding more to average down - bought it at 0.52 cents.
Don't do that, Calvin will be very angry. He has been promoting Mulpha and report live from the work site in Iskandar. Don;t regret later it shot up! hehehee
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....
airfryer
59 posts
Posted by airfryer > 2014-08-20 17:18 | Report Abuse
pdz sumatec drop lohhh...our mulpha still tahan...:D