If you believe the price will eventually reach RM12, does it make a BIG difference if you bought it at RM7.54 or at RM8? Not really a big difference here and so you can still buy in. But if you believe the current price is overvalued, then don't buy.
At the end of the day, don't let emotions and unverified reports/rumours control your decision making. Stick to your fundamentals and intrinsic value. And if you are trading, check common chart patterns to see if they have previously appeared in this counter. And polish up your chart reading skills.
The effect of ron 95 and diesel will greatly impacted on Tenaga and thus will pass the cost to consumers like us and Scientx which uses great amount around 30% being cost if not mistaken in the process of manufacturing and this effect will be shown in the balance sheet....
u think too much leslieroycarter... its only 10 percent increase in petrol la..if u think so then u better not buy.. i will BUY ok.. more of scientx for me to buy yippi
u are like those fools who line up trying to buy petrol before it goes up by 20cents.. funny... big cars lined up.. but little they know.. one sitting in starbucks with their wife would be much much more then they can save here but yet they spend 30 minutes in line burning petrol to save 20cents.. AHAHAH.. hilarious.. fools everywhere...
Investors are advised to do their own reserch but not follow forumers' buy & sell calls. The same ppl are calling buy & sell to create up & down in share price. Those follow will eventually notice all their money ended up in these ppl's pockets.
I agree , 10c drop is equal to broker fees only in the buying and selling....but the overall effect is phenomenal....all sectors are affected and no one can be spared...is bad for the market anyway!
You are definitely right because big cars are not supposed to get subsidy but many choose to buy cheaper subsidised petrol like ron 95 which may not be the suitable fuel compared with ron 97 but they opted the cheaper and subsidised one where it may have grave consequences to their cars which they don't mind...This is happening everwhere...and I hope the government can put a stop to this.
Maybe I do. We all have different opinion, I know how much Scientex, a business as a whole should worth, I am not going to chase a stock based on sentiment. Even though Scientex is the best stock in my portfolio currently, I bought it at RM2.47 in SEPT 2012, I never once sold it.
I have Aeoncr in my portfolio too at RM15.30 and I am not overly concerned with it's prospect in the long term.
When DKSH was a penny stock few years back and within a span of 2-3 years breaching RM6-7 heading nowhere but up, many investors can't see it going anywhere but towards RM10 by end of this year, then DKSH reaches RM8 and started heading to RM6+ now.
ok fair enough, then ask you again, how much do you think Scientex should worth now? Not talking about 2015 because that involve forecast, I mean as of today, what is the right price?
Since you mention you will still buy at RM12, I assume your answer will be RM12 and above?
I am fully agreed with JT yeo that do not buy on over sentiment stock without looking at the current scenario, those who are talking RM 12.00 are merely looking at all the positive angles and not telling the other side of the story either, let say market suddenly collapses due a sudden fall in Dows that says 500 -1000 points , do you still be optimistic like now? In market , we are not in a very sure business , if u r still around and make , u r on paper gain , not really gain unless u have sold but when the market tumbles , all are lost in a matter of minutes... this is the cruel part of market. This is not a sure win business....beware!
Contra and day traders are taking profits and some are cutting losses for buying high , t2 and t3 not sure yet . If the falling continues, so there will be more t2 and t3 in coming trading days until the market feel safe to enter.....
inverted hammer or gravestone indicated that selling pressure is still great though up a bit but I think it cannot sustain given the poor sentiment . The buying and selling at the bottom part of the inverted hammer meant that weaknesses more than strength , so I see the sustainability is questionable and may test lower given that it has achieved an upswing more than Rm 1.60 from RM 5.92 @ 25% returns in less than a month . So the retracement is a must and how far it may go down thus has to watch the t2 and t3 in collaboration of the contra and day traders directions.
another contention, up and down 10c just enough to cover brokerage , transfer fees and stamp duty charges...unless the gain is more than that . Huge outlay just to earn peanuts will not attract punters except long term diehards...
Am not too worried about the sudden upswing as afterall the share price is deeply undervalued. But how far the upward trend will go in the short term is questionable. Topped up a bit at 7 but will leave it there for now, not planning to chase high. Good stock for long term, please don't goreng goreng good stuff pls.
Hahah well, to keep it short, I don't judge a the health of company's performance based on the existence of minority interest. Whoever owns the company gets their share, fair enough =)
it need some corrections in order to move forward ; without correction , the price will be yo..yo and no show...coz punters like to see gyrations in stock prices . Short term may see more corrections....
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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....
Joel
4,580 posts
Posted by Joel > 2014-09-30 16:53 | Report Abuse
NO。