Almost all the Bursa rubbish are hitting new highs. What happens to the blue chips with solid assets? JCY isn't considered as a rubbish. However its valuation is a concern. Imagine what would happen if the bubble created by the rubbish bursts?
Let me stress again the rubbish I'm talking about doesn't include JCY. While Nasdaq hit new high, has it got anything to do with Msian stocks other than those in EMS or part of the high tech supply chain. Msia can't even produce a decent car. Otherwise why Geely is Msia?
basic knowledge...shareholder acquire at what price?its 0.74.. so u know that at least the price jcy will be this monday.. shareholder invest.. so rm1 is possible next week...
Why this company stock price is battered down whereas all the rubbish mask making counters had bull runs? JCY has high entry barrier unlike mask making that needs only automated sewing machines whereas die casting requires high precision machinery that could be sourced from Japan & Germany. China couldn't produce decent die casting machines. One of my friends is running the Hitachi die casting machines for SEA. To be objective I'm having 0 shares in JCY currently. However, I'm studying this counter strictly based on TA. No entry signal so far.
luckly sold JCY at 0.7++ ... JCY actually is good counter but it need correction since it fly too high b4. now i focus on QES. very stable, not fly to fast, but up n up n up... climbing like old man but very consistently and maintain "macho"...
at BFM today morning... very ambitious boss, realistic and reasonable person n passion is superb.... by the way, both counter is superb to me but now is QES time...
luckly sold JCY at 0.7++ ... JCY actually is good counter but it need correction since it fly too high b4. now i focus on QES. very stable, not fly to fast, but up n up n up... climbing like old man but very consistently and maintain "macho"...
at BFM today morning... very ambitious boss, realistic and reasonable person n passion is superb.... by the way, both counter is superb to me but now is QES time...
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....
Freshfish
20 posts
Posted by Freshfish > 2020-08-07 11:54 | Report Abuse
How do we know if the big fish change target to play other stocks?