KSL need to close at or above RM1.75 to break through the overhead resistance line. But it's a very much manipulated stock. The wolves, with the likely connivance of powerful KSL insiders, are likely to collect from the minnows with a couple of drastic sell-downs before RM2 and after RM2.2. So please do not fall into the jaws of the wolves!
It all depends whether BNM will loosen the interest rates and conditions for loans for housing. Also depends on whether US Fed will go for another round of cheap money. Another imponderable is the flood of money coming out of China now going into Australia, New Zealand, Britain and USA. If even a fraction of these come to Malaysia, Iskandar region will boom and all the Malls will be occupied! KSL is in good position to profit from this. So don't let the wolves and KSL's insiders shake you out before the price rise to RM5 and above!
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....
i3i2i1
4,731 posts
Posted by i3i2i1 > 2015-07-24 13:58 | Report Abuse
i will sell! :) then kakakaka