Before the sales start, shark already collect at lower price, then someone keep on promoting counter on daily basis until all jump into trap. Then when right time shark start to sell, make many ppl follow to force selling, then shark collect it one more time at lower price. You can see now someone start collect it again.
Learn to trade in share to incorporate risk management as well. I may not be expert in reading Technical Chart, but i can share my view in risks, risk attitude, risk mitigation, etc. Trade at your own risk and dont blame people. Thank you.
Just now I bought at 28.5 sen n gave me a fright when it dropped to 26 sen. Now it is slowly going up n already above my purchase level........................up, up, up, Pmcorp UP...............
Need to see how reliable is the capital payout news. How solid and fundamental of the company? How good the management team? How good the IA team to improve the internal controls processes to increase the profitability of the company? Why last quarter only make RM 9k? What the IA review, any recommendations to management? I trade share on risk management concept plus some reading on chart. TA may help but no matter how still the fundamental of the company that give the confident to shareholders to continue hold the counter.
To be honest i very very worried looking at the rsi at 89 few days ago and the price drop now but when i think about why i bought this counter in the first place i managed to convince myself not to sell, at least not this year. This is the correction we all have been talking about all this while. Although not pleasant but i am sure all of us are kind of expecting it? I no expert in TA but normally a correction will happen before any new high can be reached. Just my humble opinion. Not a recommendation to buy or sell.
papa & nch218, dun worry about me. Cheer!!! I bought PM Corp last time at 22.5 cents & sold all at 33.5 cents. Although this correction caused me some lost, but I'm totally fine. In fact I earn some from Barakah-LA warrant yesterday & some today from purchasing Sumatec. Those 2 r strong companies despite market down. Happy~
Instead of focusing on the price movement which was a golden opportunity for making handsome money earlier this morning when prices swing to it's extreme. No need to frighten fellow form mates to sell to get the lowest price. This is a very small nest here. Guide one another instead and could have been made. You would have been a real hero instead. Remeber. When very fearful BUY and vice versa. Like someone in another forum said you need iron balls. Pardon me ladies.
mikekong55, I lost about RM603 from the last entry at 36.5 cents. However, I had earn few k from PM Corp previously. So, I decided to buy PM Corp again when it fall to 10 cents. Hurry up, please fall back to 10 cents. I wish to buy so badly. mikekong55, what do u think about Sumatec now? The RSI 68 heading to north, MACD chart show a buy signal, volume super high like PM Corp today listed as top active stock at bursa.
jupiter securities chief market strategist BENNY LEE,say market may not be able to continue uptrend at least not in short-term. he expect klci to test support level 1770 in next 1 week or 2 weeks if the index unable to climb back 1800 points in the next few days. this ource from THE EDGE. BE CAUTIOUS
Pls remember that vol is really big for the last 2 days when its price fell from 36.5 to 26 cts ( roughly 20% ) , tomorrow it may fall further and test the 20cts bracket . By the 4 th day ( Friday after 2.30 pm ) , u may see force selling coming into the picture when payment is due but unable to do so for the contrarians. So be very careful n vigilant that the present luke warm support may not handle such a big numbers of sellers . Just sharing ...
ifollow: ayam tua,ramai sudah lari tapi ayam tua still confident? 12/11/2013 21:19
hepitrade: Ayamtua, whr are u? No comment frm u 13/11/2013 12:04
Superman88: where is our Ayamtua? he disappear since 10am 13/11/2013 12:01
Stock: [PMCORP]: PAN MALAYSIA CORPORATION BHD
Nov 13, 2013 10:37 AM | Report Abuse
ayamtua, told you today negative opening. you'll have to wait until next tuesday/wednesday for a technical rebounce the earliest. told you all the eps Q3 result of 0.031-0.035 EPS/share already factor in. hope there announcement capital reduction payment together with Q3 report(not likely at this stage. at the meantime just side out and wait and see how low it'll go. wait for it to stabilise. it might breakdown to below 0.205;just keep watching.
Stock: [PMCORP]: PAN MALAYSIA CORPORATION BHD
Nov 13, 2013 09:57 AM | Report Abuse
ayamtua, I pull up my fishing net, don't want to buy. think below 0.205 coming soon ----------
Please follow guru MikeKong55 wise advise .. though potential of choco is there but when this potential counter drop drastically it breached AyamTua buy cost .. panicked and chicken out .. AyamTua had sold out as it has breached av: 0.288 this morning and have to cut lose :( .. AyamTua have to wait until this downtrend pullback/correct to be stabile
however MikeKong55 has advised accordingly, that this correction may go as low as 0.205 ..
please listen to sound and wise advise from expert MikeKong55 . told many times to trade at own risks, do take time to listen to wise advise of MikeKong55 - that's why expert are there to advise .. thanks
Of course calvin said he was also the victim. You think he will say next time don't be so greedy and I already earned $$$ from your stupidity. By looking at his picture you can tell this fellow can never be trusted. Real experience con man. Almost fell trap to his very persuasive words.
PS: thanks OTB for reminding not to be misled by calvin.
Stock: [PMCORP]: PAN MALAYSIA CORPORATION BHD Oct 31, 2013 08:56 AM | Report Abuse
EXPECT PM CORP TO CROSS 30 CENTS AND BREAK ALL TARGET PRICES TO REACH RM1.50 FIRST. THEN TO SHOOT UPWARD ALL THE WAY TO RM10.00!!!
Ans : Are you dreaming now ?? Please be realistic. This company has not made big profit in last few quarter result. Wait until the big profit appears first, then you can talk of the target price of 1.50 or 10.00. I had sold this stock because there are too many advertisements on this stock. The more you talk, the less I believe you. A good stock will go up by itself, no need to advertise everyday. Thank you.
I close my case. Please leave me out of loop. I am not interested to bad mouth others. I did not say anything bad about Calvin, I just advise him not to tell others to buy all the times. Thank you.
Why bother to call him to ask advise or link his postings from investlah? Either you are living in denial and ignorance or pure stupidity. Wake up guys!
When win, all happy when lose fingers pointing at each other.. Like the case of Blumont, Asiason, and Liongold. When up all happy praise this and that but when come down all point fingers and all.. Please don't be like this. Otb, yes u did not blame, but I can see that you want everyone to see that you are right and you are great. We know you have no bad intention but when everyone sink, it's better to tell them what to do rather than reminding them that last time u told them that it will sink and all. We give advice to people if they don't take it it's OK but when the bad things happen we also do not need to show everyone that 'you see! I know I am right serve u all right for not listening' In market, we see and be responsible for ourselves, we choose to listen is out choice and in life we have choice.. So don't blame anyone. A MISTAKE IS NOT A MISTAKE UNTIL YOU DO THE SAME MISTAKE AGAIN THE NEXT TIME. first time mistake is not a mistake but a lesson that can be very useful to enhance your future. My 8cents. Thanks everyone for the fun we had. Cheers =) no offense for anyone.
Those who lose their fingers now looking to wack Calvin, KCChongnz or OTB except Fortunebull! Ayamtua is lucky as he already lose all his feathers! Unfortunately for middleman Vincent Than, now all the anger will turn to him! Why! I don't know!
lim Sumatec recently issued 4.1x rights (subscription @ 17.5 sen) and 1x warrant (free) wrt to the number of existing mother shares. Registration of new shares on 21st Nov'13.
Based on the above what is the logic for this price run-up. I understand that you have a master degree,
Unless, coincidentally, the company's oil exploration have made a rich oil find. I have my suspicion that interested parties are at play here which is more dangerous than here.
At today's current price, the prenium is 55.5-17.5 = 38 sen.
Consult sifu mikekong55 on your further action, before the averlance of new shares and warrants hit the market on registration day next week.
I have negative benefits in providing you the above info, as I have vested interest. I will be getting 20k to 60k of mother shares and 5k to 15k new warrants on 21st Nov depending on how many successful excess given. If the current price is maintained post 21st Nov, you can calculate my potential profit. (9.5k to 24.7k)
I really hope that the company have discovered rich black gold for the above to be sustainable. or else come 21/11 you may find 9/11
johnchong, thank u so much for the information. I though sumatec already have Kazakhstan oil block. Meaning for every 10 units of shares I hold, I need to pay 17.5 cents to get 41 bonus mother shares + 41 warrants? or 17.5 cents times 41?
Aiya, human always repeat same mistake one! You think they will learn after this? for sure will repeat again........ Fast money every body want........ Hope for better tomorrow everybody will............
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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....
nch218
573 posts
Posted by nch218 > 2013-11-13 12:00 | Report Abuse
Before the sales start, shark already collect at lower price, then someone keep on promoting counter on daily basis until all jump into trap. Then when right time shark start to sell, make many ppl follow to force selling, then shark collect it one more time at lower price. You can see now someone start collect it again.
Learn to trade in share to incorporate risk management as well. I may not be expert in reading Technical Chart, but i can share my view in risks, risk attitude, risk mitigation, etc. Trade at your own risk and dont blame people. Thank you.