What goes up must come down. Correction healthy. No straight line going up non stop. Similarly no straight downtrend too. Profit takers will come in for the kill when price is up. Similarly hopefuls will come in to buy at low bargain prices to make some gain. We r mist happy if all in this forum can make profit.
Hi Tudorians, Looks like the selling have gone overboard! Today technical rebound? or like Mikekong55 cautioned 'pump n dump'? If so,tomorrow may b FRIDAY FRIGHT? Ayamtua, don't worry U WILL BE BACK soon! Take a break, if u must, but do not QUIT! Thanks for your sincere hilarious comments. Have a nice day all tudorians, as for me still keeping tightly to my Tudor chocolate chipslah!
Posted by mikekong55 > Nov 14, 2013 10:15 AM | Report Abuse
AYAMTUA, HOMERITZ, number of share 206m NTA 0.42 EPS 0.062 CASH IN HAND RM31m (@ 0.15cash/share) charting reading don't look good. likely to pullback 0.475-0.50 to fill up the gap(jump start from 0.455to 0.505 somewhere end october) after making high 0.61 last week.best to enter below 0.50; maybe I can get it wrong. good luck.
- thanks for reading that meter . can make reading for PMCorp meter? things seems changing fate .. who knows Santa Claus is back? please re-read again meter reading my master cum sifu MikeKong55 ! hahaa
Posted by yangkwang > Nov 14, 2013 10:16 AM | Report Abuse
Hi Tudorians, Looks like the selling have gone overboard! Today technical rebound? or like Mikekong55 cautioned 'pump n dump'? If so,tomorrow may b FRIDAY FRIGHT? Ayamtua, don't worry U WILL BE BACK soon! Take a break, if u must, but do not QUIT! Thanks for your sincere hilarious comments. Have a nice day all tudorians, as for me still keeping tightly to my Tudor chocolate chipslah!
You and other Tudorian and other long term PMCorp shareholder are not wrong in decision making when buy, never say all are wrong.. I did not say INGENCO or LUSTER holder wrong too.. because we are not god and predict these... really LUCK in this world are magic .. and magic cannot predicted accurately but thanks for MikeKong55 keep making analysis please dont condemn but instead contribute positively like MikeKong55 and others like Captain ivchoong of Tudor Ship!
You are right, ayamtua. All comments and analysis are most welcome and is is us that have to make our own decision rather than pinpointing when things turn bad. We are all here to make some coffee money and few bars of chocolate, cheers, tudorians
break 0.305 first then decide. can buy high sell higher. look at the building of stepladder going up from daily chart but still few more hour to go; there might build stepladder down. invisible hand 'pump and dump' be careful, heavy force sell tomorrow.
Posted by mikekong55 > Nov 14, 2013 10:31 AM | Report Abuse
break 0.305 first then decide. can buy high sell higher. look at the building of stepladder going up from daily chart but still few more hour to go; there might build stepladder down. invisible hand 'pump and dump' be careful, heavy force sell tomorrow.
----------- really appreciate that good analysis, tuan guru mikekong55 . according to my own eyes, things seems or may have reversal.. may only.. not 100% but to all please trade with guts/risks!
Ayamtua-No captainship pls. Only small fish here trying to make some small profit for my golden yrs & to buy some Tudor chocs & crispys for tea breaks. Happy if all fellow Tudorians can make some profit too. One for all & all for one! Good luck to yr new additional vessels!
@MikeKong55: Homeriz is gaining steam might wanna take look in that before decide to come back to Tudorland .. have looked at INSAS .. not bad, tuan guru MikeKong55! :-)
@Vinvin: yup .. show the choco performance today.. not bad either! hopefully the morning momentum holding strong until market close today! cheers ..
disclaimer: trade with own guts and risks , happy trading cum investing !
Hope some of you have taken the opportunity presented yesterday to pick-up some other down-trodden stocks like Alam, Tebrau,Tambun ... using the save energy instead.......... haha
To those who hoped for 18.5 PMC's next support S1 = 24.5 not 18.5 (S3) which those who sold earlier HAD HOPED for. It is not the same before the promotion that have taken place, it has changed the sentiment to it. Trade with the times instead.
jchong,still not out of the wood. monitor the next 2/3 days trading first.scare is a prolong sideway movement where price stuck 0.265-0.305. afraid Q3 financial result already factor in the share price.the only one factor that can help to uplift the share price now is the capital reduction payment (if any).calvin is the only one that said that there is such plan. even investlah people also have benefit of doubt in his cut and paste story about pmcorp & mui.he is running the same story over & over again.no word from him is to said he must have sold much earlier. even if he make a comeback most of the people in this forum won't buy his story for he just disappear like thin air. ayamtua, what say you.
Sometime we need to be a real investor. Pmcorp fair value should be 50 cents. Strong profitability and balance sheet. I have experienced so many times buy and keep
hoi Mok4444 why you blaming calvin. You should blame your self. Calvin didnt put gun in your head and ask you to buy. You make your own decision on buy or sell. Calvin even not ask you to be a contra,day trader or T4 buyer. When the price go up you said a good thing about him and when the price go down you blame. Aper punya orang.I hope those contra kaki will burn kaw kaw. This stock not for u. go other place to invest or put your money. This is fro mid term and long term holder. If you still insist you put your money inside and when there is a correction dont blame other. You have your self to blame.
mok4444, for your info holding this stock since march'13 that time trading around 0.09-0.11.still buy around 0.135-0.17 in june/july.why I buy? that time the company said selling their lease hold warehouse/land in singlong,singapore for RM38m+ and their initial cost was RM14m. there stands to gain around RM24m+. the company said the deal will be completed by june'13 then but delay 2 months.finally deal completed in august'13.the gain will be in the result next week.it's calvin who start promoting that the share price start to shot up when he said there is capital cash repayment. it was not reported in local newspaper. when I newly post no one take note of this counter.(can refer page 1)I am not a day trader.
red85 Knight ** Re: PM CORP(4081) THE BARGAIN OF THE CENTURY!! « Reply #281 on: Today at 02:22:57 PM » Reply with quoteQuote
apollo earn 32 million share by 80 million share. Thumbs Up hupseng earn 32 million share by 120 million share Thumbs Up **mui earn 32 million share by 2900 million share. Thumbs Down** **PMCorp earn 7million share by 800million share Thumbs Down Thumbs Down Thumbs Down Thumbs Down Thumbs Down Thumbs Down
alexsing, then the price triple today price. he will have to revalue his price assets land for sales and return to shareholder plus whatever cash held. latest development or your asking. what price you intend to sell INSAS?
Lee9fold l play only with counter which is going south instead of north because is always tecnical rebound. I did buy yesterday and can make money already if i want to sell. Is ok if going down somemore i am buying more. Soon or later it can give more profit. Look at fundamental instead of temporary gain. We make quick profit then quick loss. In the end zero game.
alexanderSingapore, I already sold Insas. Looks like no energy same as PM Corp last time at 33.5 cents. Who want to invest in safe + high profit r welcome to join me in Guh Holding. Mikekong, RSI there only 14 indicates oversold, NTA RM2.50, PE ratio only 6.18 and price now RM1.03. Although company issue 1 bonus share for 2 existing shares, it should fall from RM1.80 to RM1.20 but turn-out to be undervalued.
volume is only a quarter of yesterday's trade albeit a little price rebound . Look like sellers are less confined mainly those who bought cheaply at 0.255 or below or others ? Trend-wise showed negative in market trending ? There may be other reasons for the caution like contra and force selling in the pipeline...May someone who r good in chart reading clarify more?
Mikekong55 noted with thanks, Am only waiting at 24.5 but if too drastic fall will withdraw not take action; am a trader and 10% investor.
by the way, can you enlighten me on this: if new shares are registered on 21/11 after right issue. Does it mean one can sell the registered on the same day or await further notice? My broker can't help saying that must call to confirm. It should be Bursa have standard rules >> "Rules are rules"
Posted by Mok4444 > Nov 14, 2013 01:57 PM | Report Abuse
zu1967, mikekong is because we are losing money with fully believe calvin saying. Besides mikekong is day-trader if not wrong (correct me if wrong)
>> Disappointed that the blame game has not stopped. Those who wished to blame others should just go to 932kaki forum and read their postings first. You don't see any blaming, instead they console and encourage each other. Once the blaming starts, those sharks and vultures will start circling this forum.
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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....
ivchoong
47 posts
Posted by ivchoong > 2013-11-14 10:15 | Report Abuse
What goes up must come down. Correction healthy. No straight line going up non stop. Similarly no straight downtrend too. Profit takers will come in for the kill when price is up. Similarly hopefuls will come in to buy at low bargain prices to make some gain. We r mist happy if all in this forum can make profit.