The main reasons this counter not moving up are 1.) The sharks and the major shareholders have not accumulated enough , may be more than 150 millions shares still in the hand of retail buyers . 2) the sharks and the major shareholders are more stingy , they want to earn every single sen they can . Those who have patient and money just hold tight will be rewarded . If you look at PINEPAC ( 1902 ) , from Jan 2018 until 11 Oct 2018 , most of the times , the daily volume is less than 1000 lots . Sometimes no transactions at all for few days . Similar cases like FACBIND , GBLAND ( TANAMAS ) and LBS few years ago . This means they have not accumulated enough , if they push up 30 sen , they will make less 45 millions [ 150 millions x ( 0.85- 0.55 ) ] .
All other counters are traded in the same way , the sharks are using the same tactics , retail buyers buy , they will push down , retail buyers sell the will push up within a range , except in some special cases like take over , going to bankrupt etc .
Nowadays , the sharks are more stingy , more afraid to goreng up and push down in a bigger trading range , so , A lot of retail buyers have given up , they went into properties and quick money scheme .
BURSA and SC should give more attention to misappropriation of funds , misleading accounts and misleading informations , related party transactions , more governance instead of small fluctuations in shares prices .
Now I am seeing those super good counters : STAR MEDIA GROUP BHD : bottom : Stock: [AIRASIA]: AIRASIA GROUP BHD ( I bot near 3 ) : BIMB HOLDINGS BHD ( strong profit )\ : Genting ( too cheap, and I go casino 10 times loss 9.5 times mean genting is a comfirm profit casino, even If topglove Boss go casino also will loss until no any single sen, Alibaba go also cannot win Casino genting :) : CB INDUSTRIAL PRODUCT HOLDING BHD ( high dividend ) : MNRB HOLDINGS BHD ( deep undervalued and insurance is stable biz than others , even Bank also not stable as MNRB HOLDINGS BHD , because Banks too much in Malaysia )
: Affin ( most undervalued bank ) : MAA ( cash rich )\ : Telekom Malysia ( still the biggest telco co in Malaysia , even now I still feel Tm should higher than Maxis and clecom . dividend also high , dun know why only 3++ ringgit , ??? )
: ORION IXL BHD ( this one no reason I just buy and just buta - buta earn money but I buy sikit - sikit only so no show off lol, in Malaysia goreng is sure goreng up ORION IXL BHD and hiaptek also make loss but limit upppppppppppp ???? )
for my stock I comfirm say 80% is untung money if you buy all because above the company some of them I already paper profit , some is at bottom now ex: genting , mnrb , affin , maa TM, cbind , AA .
i CANNOT SEE WHAT REASON i CANNOT EARN EASY MONEY ??? SORRY IF i MISTAKEN
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....
apolloang
18,163 posts
Posted by apolloang > 2018-09-11 14:56 | Report Abuse
contrarian u better say eksons is proposing to diversify into selling sarongs....hahaha