Dows crash, Bursa also crash.....may have to wait long long time to recover.. US job data US interest hike Worry about growth.... Strong US dollars against a basket of currencies Euro instability and lower growth Asian countries lower growth next year Inflation and stagnation All add up to the woes in Bursa.....beware of many t2 and t3 in the coming days....
Do remenber that the bulk of Scientx profits derived from its property arm , if property suffers , Scientx will go down too! nothing in this world is sure gain business. When property suffers , Scientx will follow suit and no exemption...
Tomorrow most probably scientx were in the top loser counters after recent hefty gains. To those who have profited, run and keep cash .........buy back later when the price is cheaper. At least several days of drops from scientx. Today is just the beginning. ........and expecting more to come if the DJ happened and continued to declined further.
With the continuous downfall of the DJ, investors should take note and precautions. It is not a signed of corrections rather a signed amount to crash if l'm not wrong about the predictions with the overall weaknesses in the entire world stock markets. Many is about to feel the pinched with widespread losses on the way.Be wise to play safe and secure and never let greed which overrule you're decisions to invests.Take this as an advice and opinion which does not suggests your personal views in investing.or vice versa! Have a nice day to everyone in this forum.
Scientx has risen from its low around 5.00 to 7.50 ...a RM 2.50 rise in a short time will not be good at all coz its fundamental is still the same but due to fast expansion and increased debts when the tendency of inteest hike is real , not a very good move by the co at this period of time..keep cash better ...i think...worst scenario that it may correct to RM 5.00....
no chance to buy cheap already coz this counter is cushioned by 26% dividend to be paid in Jan 2015.....strong buying coming and if you let go now , it may make you in awe coz RM 8.00 is waiting patiently...
It just a technical rebound after several days of down trends. This is very normal, and l supposed many who buy cheap will take profits and run.Market direction is still uncleared and still have to depend on the DJI . If it slip, another downtrend will followed suit. I think with the uncertainties still hopping globally, the uptrend is likely to be short lived unless it could sustained and signal more followed up buying, if not it will remained back to choppy teritory.
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....
ccs999
674 posts
Posted by ccs999 > 2014-10-07 15:41 | Report Abuse
today my portfolios only Scientx green, force smile...