Although Alam was called as 'king or princess' of ONG counter but if Ahjib Ghor still play The game of pospone GE13.. overall market in a bearish mood and if there are Any increment of price will be result as profit taking xtvt because many of us Doesn't want to take a risk in uncertainties condition..
Those who creates GE fears are actually opportunists. Y? Becoz they want prices to plunge so that they can wait at the bottom n buy at cheap sale prices. If prices plunge, that's a buying opportunity.
How many GEs have we gone thru? Except for 1969, the country has grown from strength to strength. So is the stock mkt. Where is the uncertainty? GE is certain to take place peacefully. Don't hear rumours. If rumours do surface, the rumour mongers want to see mkt collapse so that they can buy at cheap prices. It happened many times over the last 24 years of my exposure in the stock mkt.
usry It is cos we(malaysian investor) too sensitive to foreign"s flu. People sneeze, we get cough, when people yawning, we fell in sleep, the time everybody (i mean foreigner) is runing, we are still on recovery stage..so?? btw (No politic ok. just to say) GE13, so what? we investors should not be too worries about that. Don't care siapa menang, businesses still go on, politicians also need to makan.....And also how do we know what will happen whoever WIN??? SO jaga worries just Hold on & Buy based on FA & TA and your favourite counter. For sure 明天会更好.. Good luck
Bro kahfieh: agree with ur commet but during this uncertainties The chart(TA) or FA not working at all. Useless abd harm for us to Dive in.. As i wrote before we are 'ikan bilis' unable to fight with shark. They use GE13 as a reason for push down market & share price.. If there are small rebound-it will end up with profit taking..any increment In price will not long life.. Actually our market is over sold and look like will rebound but due to this reason We still in red mode.. If next week no rebound.. We will see more side way Trading until GE13 coz shark not interested to take risk. Plan to buy or stay sideline... Individual will determine it.
Remember the rule of NATURE! Shark do need to make sure ikan bilis are not extinct (die off), otherwise at the end they also DIE. Again remember...Political way of saying- " Ineed u, u need me. I help u, U help me.Hahaha
Hahaha.. It true but monday shark already keep their ration for 2-3 month forward.they already make huge profit and enough for them if they away from market until GE13. After GE13 they will enter market again. And don't care which party perform a government.. May be this also one of their strategy.. Just useGE13 as a reason to leave market & let ikan bilis die slowly..
Alam is in bearish mood,, from TA now switch to FA. Since its fundamental is strong & TP have been set to above RM1.2, so no worry to worry even if ge13 is coming. What it goes down, will bounce up again.. maybe a year later..
Will bounce back but after GE.....for the timimg better sell or hold if u have holding power....my advise better sell and buy back later at lowest price...mkt will down another 10%. No more rally before election......
Alam can buy and hold... better wait below 75cts (for my case), medium term run will still be good as for now. Cheers!
As for GE, I can see from KLCI is waiting for nose dive anytime now. It may or might test 1650 again but once fail habis jatuh below 1600 jatuh again 1500... so prepare to shopping time.. :)
For those who can hold & not wanna cut loss or close with even hair profit, then switch off computer to do cny cleaning.. I see see look look first. If dives below 0.82, i will chop it into pieces & wait like BursaBullTrader has said, 0.75 & below to come.
confirm break lower than 80c, MACD just crossover for downtrend and its still fresh, moreover with the uncertainty of GE13 probably GE13 will push the price to 70c EASILY as the gap between 80c and 70c is close
Another 70.8 million.... After Election sure fly.....
Alam Maritim (M) Sdn Bhd, has recently been awarded an extension of contract by PETRONAS Carigali Sdn Bhd, Peninsular Malaysia Operations for the provision of two (2) work boats to support its painting activities (“the Contract”) for a total sum of approximately RM70.8 million. Our earlier announcement dated 30 May 2012 is referred.
Tomorrow will be go down again, most of the investor sell their shares and keep their cash. This bearish might be longer than expected, because GE13 and uncertain situation. PM will announce the election date after CNY. Extension contract from Petronas may be support the bullish trend but it can be for a while and the price will drop again.
Wait until end of Feb13 the price will go down below 80cent.
if u guys dont wanna lose ur pants better sell it off before GE13, we still are uncertain of which party wins, if the opposition wins then halleluya long awaits for a KLCI rebound
Does not matter who wins or loose in GE......it's still uncertainty.... One things for sure everyone would like to continue riding this week and as far as they can if there is a short run.....
Looking from fundamental ALAM it's good to buy and have a great potential but now it's not the right time to sell (loss), wait until the price go down to bottomline and then buy to get the lowest average price. 0.70cent
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....
Junglestock
136 posts
Posted by Junglestock > 2013-01-30 18:47 | Report Abuse
Ya, go to Singapore :)