EPF disposal off 1.2m share on 1st Dec, but share price still moving up and close at RM4.36 on Friday. i believe there are huge support investors behind else share price definitely will drop.
Hopefully Ta Ann can move higher compare to other export orientated stock which their share price had flying to sky high while Ta Ann just slowing moving up although reported very strong financial result as at 3rd Quarter this year.
Well..you certainly have to admire Taann's persistence in trying to break 4.40 (adjusted price) without any success...for the 4th time in 3 weeks period... time to give up?
I am here for long term investment, based on previous records whenever Ta Ann making huge profit they will announce bonus issue. This year their profit is much higher compare to last 2 years. Hopefully they will declare the bonus issue soon.
If the market sentiment allows, it should reach RM5 next week. It has weathered a series of 'bad market days', so impressive! Have faith in it, don't let go too soon.
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....
michaelwong
3,074 posts
Posted by michaelwong > 2015-12-02 16:49 | Report Abuse
Sudden gapped up .....oouch!