On paper cypark looks good. Bumi local company, bumi management team, syariah compliant, given priorities when comes to awarding of tender/projects, low PE, making profit, got track record to show, in the right sector focusing on renewable energy which the g't/world is working on. Many analysts have written nice stories about cypark. Yet its share price is not moving like its peers. I really cannot understand
More selling in the afternoon and tomorrow morning as share price has gone up from 1.20 to 1.50.... Bull is now tired ...must rest before next run 1.60 is now the resistance.
All these counters Cypark, Sammaiden, and Slvest are played by syndicates.... They push up the shares and immediately start selling when other go in ...
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....
DonWorryBeHappy
496 posts
Posted by DonWorryBeHappy > 2021-01-12 22:52 | Report Abuse
Thanks for the encouraging words