@afar, With warrants, the time remaining adds value to them. Many if not most traders won't be waiting to cash out at its expiry. Besides the long expiry date, another attraction with CN is the ex price, which is lower than the mother at present. Then the ratio of just 2. However, all of these would be useless if it goes down to OSK's TP... which I don't think will happen unless if there's a market crash or prolonged bearish sentiments. If that's the case, then all other counters will go lower too.
this counter is hopeless, even the directors also throw their shares now. Divident only 1 sen.. fair value 0.35. HDD is outdated, market sentiment is low. OMG! so many negative elements joined together. Any hope??
It is normal... Be patient... I am sure the company is doing some transformation ...after interview with top management and company is still in good shape... Medium term target price is RM0.83.... Cheers up...
Company is making profit.... Like apple...when the recent quarter disappointed investors due to high expectation, shares price slump and it is normal... Always buy in weakness ... JCY, perhaps you will see some significant changes...
I can disclose to you but for sure time to collect it... The sell off is from retail investor... Not the big investors... Stay calm... It will have a rebound...
Yesterday was force selling t+4 for the 65m trades done on 22 Nov. Yesterday's 14m vol managed to absolve those force selling. Funds must have bought a lot at the 0.70-0.79 level when it plunged on 22 Nov.They also collected when it dropped until yesterday. I think JCY will rebound.
I have a simple investment strategy...when people talk too much of a stock, that's the time to quit...share prices may even have reach overbought positions. But when people starts shying away from the stock, that's the time to relook...
minitrader, from previous experiences, that is what separates those who make profits and those who loses over the longer term. It takes courage to buy when everyone else is so pessimistic. But if one has done his homework and convinced that a counter has potential, it's better to stick to his own conviction. After all, it's HIS money on the line here; not "other people's" or "analysts" money. After buying, sometimes it's wise to do something else and stay away from the market - let the market sort itself out over the longer term.
Stock mkt investment is a waiting game...watch, analyse and decide. Can't be greedy though becoz no one knows the peak or bottom unless he controls the mkt or the stock. It pays to be patient. Holding power is also one big factor. Contras are risky but must be backed by holding power. It's also impt to set your profit goals and never give too much hope. Say, if are contented with a 5% gain, that's be it. Even though it runs higher than 5%, let it be. U'll never know when it'll come off. Mkt forces are something beyond our control.
Whoever took my advice you should be happy with JCY rebounded slightly yesterday... Same goes to WCT WB and Alam... Next stock to watch Perdana... Keep buying...
Christopher disturbed me when the share were 0.705 sen I am about to let go. I forgot to let go. As a result it keep dropping, of which I let go at 0.65. Loss.
Call to JCY this company. Computerised telephone system keep asking me pressing * button to hold. After more than 30 minutes, no body answer. I buy at 100 lot at 75 sen (RM7500), sold all at 66 sen (RM6600). Got RM30+ broker/stamp duty for buy/sell. I use my mobile phone to call JCY, 10 sen per minute, so it is RM 3.xx calling to nobody.
Bought RM 7500 Sold RM 6600 Broker charges/stamp duty RM 30+ Phone Call (no one answer) cost RM 3.xx
Mmm..still downtrend mode.patience. by the way, it is correct.time is money.pls use online to buy/sell shares.the movement/momentum (up/down) you can estimate by looking at buy/sell queue.beside that,using online more cheaper 0.1% for <RM50K and 0.05% for >RM50K.using telephone stock brokers charge you 0.6%.Hmm..smile--)
If you are willing to risk the possibility of losing 100% of your capital, then "Maybe". I don't dare buy it anymore even at 0.005. True, it going to 0.01 would mean a 100% gain. But the ex price with the time remaining - can it strike? The bigger immediate issue is this - will there even be a buyer to take over? Maybe it would be better to buy the newer CWs. They have much more time left and lower ex prices. Their price is higher, of course.
The hardcore cowboys would have the guts to buy CF. After all, 100,000 units = RM500 or so only. As we have seen in the past, it doesn't take much for speculators to jump in - if they think "Got hope", then it WILL go up. And these cowboys with their 0.005 buys would be laughing loudly when it gets to 0.02. Not impossible. BUT no thanks - I simply don't dare.
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....
Mat Cendana
2,340 posts
Posted by Mat Cendana > 2012-11-27 09:29 | Report Abuse
@afar, With warrants, the time remaining adds value to them. Many if not most traders won't be waiting to cash out at its expiry. Besides the long expiry date, another attraction with CN is the ex price, which is lower than the mother at present. Then the ratio of just 2. However, all of these would be useless if it goes down to OSK's TP... which I don't think will happen unless if there's a market crash or prolonged bearish sentiments. If that's the case, then all other counters will go lower too.