After the early fake move, here comes its true color. Overall market is bad, very bad. Get out now b4 it turns red. Expect it to close below 0.695 for a deadly bearish engulfing close because blood will spill all over the street in afternoon trades.
Actually...! Just wanna help you guys. Don't look at healthcare and gloves stocks anymore! They are already game over! Valuation too high! And now, the upcycle wind is blowing to technology stocks, mostly 100% upside, still long way to play!
Red 0.75. This is where the market has given you a confirmation that it has moved against you n where you without hesitation do a cut loss. Cut yr losses short. Hope for a rebound will kill you.
Up or down in the afternoon... my popcorn is ready...i like how certain charts are looking...seems to be forming cup and handle...if got holding power no worries.
Economies are bad. Markets are good. Markets now will close this gap n become bad for a few weeks. You know what a few weeks bad market will do to this jcy? It will drop below 0.58. Bail out lar now b4 you got hit by this bloodbath.
Braced for a close below 0.695 for a DEADLY BEARISH ENGULFING CLOSE. You will die standing should that happens. 0.725 now. 3 cents away from this deadly cliff. Index falling big time. Minus 21 now. Looks like it is going under 1500 in a day or two. BIG BEAR coming. Get out now n pay while you still can.
@rr88, why are you so intensely spreading fear. Do you want to buy is it ? If anyone with pure intention would just be leaving one comment and then move on but you dedication is so laughable
lol,playing white and shining armour hahahaah. If you are season then you should know that index shouldnt be the main indicator when you buy a share. Oh well have fun with your chart
usually folks like this are hoping for price to go down so he can buy in or be glad that he had made the right decision to take profit/cut loss earlier
share price evaluated based on projected earnings. this counter is a long term counter, daily up and down are there... last year net profit is (-53m), YR 18 (-120m), YR17 (+43.6m), YR 16 (-8m), YR15 (209.5m).. kenaga expect 150m for YR20/21 and evaluate a share price of RM1.35 on average 18.7PER.. Extract from the news; The group's net profit in financial year 2021 is expected to grow three times to RM150.8 million as it takes on higher loading volume in the second half of 2020 and into 2021..
nerdy123, I agree with you. If rr88 cares for all investors, he would need to post his fearful negative comments repeatedly in all stock counters having blood bath today. Perhaps rr88 only cares for JCY investors.
@PositiveGreen I know right. I feel like his bp also go up till so high with how intense he is in commenting.Like i also feel stress reading his post XD.
Today is profit taking since yesterday is high. It’s normal. Green up 10 cent and red down 3 to 4 cent is ok. The buyer rate is bigger. End of day the price is increasing. Chill lock the profit and enter again. But surely not cheap below 70sent already. Will upward.
Didn't drop below 0.70 nor break 0.87 today.... but there's no hurry right... there isn't a deadline to sell the stock... sterling QRs expected next few quarters... stock price will reflect its valuation then.
there are directors disposed at low price such as MR CHAN BOON HUI at 0.47 on 27th July 2020, and director DATO' TAN SHIH LENG bought 500lots at 0.74 on 7th Aug.. so we cannot really comment on the directors buy and sell..
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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....
damansaraeagle
1,797 posts
Posted by damansaraeagle > 2020-09-03 09:25 | Report Abuse
battling at 80 sen