Always look at the prospect section of the quaterly report. Here's the latest
The currency tension and uncertainty of Global growth has an impact on the growth of worldwide MDF demand to remain stagnant. Besides, the Group also facing challenges from intensive regional competition as the emerging of higher regional production capacity of MDF from Thailand, Vietnam and Indonesia on the second half of this year.
It didn't cross the RM 0.6 resistance. I clear all my stock at RM 0.6 and stay sideline till quarterly result announcement by end of this month. Hope that result show promising future prospect.
This.counter is going down trend. Initially I hope it will recover, but looking at the current economy environment, I am doubt it. I think will go down further. I regret I didn't sell it when reach 60cents to reduce the lose. I force myself to sell it at lose at 51 cents last week. I used the money to buy another share and hope to recover my lose in this year after holding more than 2 yrs.
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....
nicholai1983
919 posts
Posted by nicholai1983 > 2012-11-27 16:21 | Report Abuse
ya la.... but meng say below 0.55, i think not so possible