armadasaxon... i agree with u. the volume is small, consistent with foreign funds shareholdings (around 1-2%). they must be holding it more than a year tho. last time the price was ever this low was before January 2013.
UMW Holdings (UMWH MK) -----------------dated 17//03//14 Technical SELL on Strength with +19.5% potential risk Last price : RM10.70 Target Price : RM9.70 Resistance : RM11.20 Stop-loss: RM11.42 SELL with a target price of RM0.970 with a stop loss placed above RM11.20. UMWH's share price had been consistently trading below the "cloud" since 24 Jul 13 and established a major support at the RM11.20 level. However the support was broken last week which in our view spells further downside ahead. Despite the overall weakness, the share price has been trading in oversold territory, which may spark a technical rebound in the near term. Investors can take advantage by selling on strength in the RM11.00-11.20 region. As the downtrend looks set to intensify further, we expect the downward move to be capped at the next support level of RM9.70 in the medium term.
Hopefully.. no more recalls. The political situation in Thailand may have some impact on production. Hope for gd dividend as my i bought this stock at high cost.
Toyota MV 1.3EZ, Toyota Camry, Vios , Altis & Innova as some of the Best Cars For Resale Value in Malaysia. I have invested in UMW Shares since 10 years ago at
only RM2.40 (After 1 for 1 bonus or share split) Now UMW is A Blue Chip after a short 10 years.
I have a really nice share for all fellow UMW Share Holders Here
MULPHA (Stock quote 3905)
Price is Only 46 cents. Who knows? MULPHA Could Be Another Blue Chip Like UMW Someday.
Go To Mulpha Forum Site & See All Happy Investors There or
See MULPHA'S LEISURE FARM - THE SHANG RILA FOR S'POREANS
at WWW>JBHOUSEFORSALE.COM
You Will Be Glad You Did
Regards,
Calvin, Singapore Long Term Share Holder of UMW (Since 2004 to 2014)
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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....
Airo Chasz
382 posts
Posted by Airo Chasz > 2014-02-06 11:03 | Report Abuse
relax bro..must know how to play cw..hold dont mind,dont stress..unless contra