Those Kwp disposing Benalec shares doesnt mean the shares will drop ~~~ For example... MBSB... PERMODALAN & YAYASAN KEEP DISPOSING SHARES ALMOST HALF YEAR...BUT THE SHARES UP ALMOST HIGHEST IN HISTORY... BENALEC IS TRYING TO FEAR OUT UNPATIENT (WASHING TICKET)& KILL THOSE Contra Guys... FOR ME ~ I WONT CUT LOSS ON POTENTIAl COUNTER ~~ ONLY CAN DO IS JUST COLLECT MAKE IT AVERAGE ~~~ Just my 2cent ~~ GOOD LUCKS !! HAVE A NICE WEEKEND !!
Yes, brother ganasai , a lot of 'blind' people buy those counters with very high PE indeed with the hope that the sharks will goreng it and then they make some quick easy profit but they didn't know that when they get trapped with being the last person out, they themselves are the biggest losers.....once down there's little or no chances of it going up. However, those good quality counters will rise again after being down, that's the way market behaves.
I am sure you have notice too that those PN17 designated counters, these kakis also sapu, OMG, with the false high hope that a brand new shinning White Knight will come to their rescue...how naive can they be?
Brother ganasai , hold on to the lower than 10 PE Benalec counter & I am confident it will bounce back with the 2 port reclamation projects in hand.
Cheers & good luck to you too brother.....all the best.
Benelac needs time to consolidate. The Big Boys are disposing the shares. That is why ,the price is dropping. Keep it ,its a good stock in the middle term.
for those buy 1.3x above, what i think they bought at high rsi level and during good news period? Now oversold, so i personally rate as hold. Price may bounce back anytime but how far can go still depend on the market trend movement (may drop soon? quite high now - no small fish dare to buy now) and again any good news. Recently the oil price high also become another cost.
Dont worry ~~ Base on the chart....2nd liner counter are dropping... MBSB , MRCB , UEMLAND , BENALEC..etc... Penny stocks are start disposed ~~ I believe this week they will start collect back those 2nd liner counter ~~ Good Luck !! :) It's still a good opportunity to collect BENALEC while the price is still low...
Yes, brother Kl Vin, from what I notice last Friday, the pennies are losing momentum. Maybe what you had just said is correct as the 2nd liners had not move much or not at all. Perhaps 2nd liners will come into play by rotation, hee, hee, hee
Frankly, there was too much focus on pennies because of that Raymond factor.
Cheers brother Kl Vin , good luck to you too & take care too my friend.
slow and steady bro...just hold...I see the downside of this stock persisting in near term though I am confident that it will rebound very shortly. Contra player, stay away from this...
don't think the company care about their share price. some company they will maintain the share price if they believe the company is good. This one seem like let it drop and perhaps they are the one who accumulate. Later when news come and some thing up then they let go to all the other folks like us :)
A Strong Potential Company Wont let their shares drop alot ~~! This counter FV around RM1.45-RM1.50 ~~ Strong Support at RM1.15 ~~ IPO PRICE AT RM1.00 ~~~ I believe long term Is good for this counter ~ This year TARGET PROFIT CAN HIT ABOVE RM100M ~~ AND IT ALSO INCLUDE ONE OF THE DARK HORSES COUNTER !! TP ABOVE RM2.20 above by KENANGA AND AMMB ~! Cheers !
Has the potential in this company, my fund manager invested my fund in this counter, average purchase at 1.3+, -ve returns for quite some time but still 'hold' on to it, so i believe the fund manager is waiting for the counter to perform, just the matter of time. Good luck to all.
3 questions:- 1) why don't u trade urself instead of depending on your fun mgr ? (this way u can save on their high charging fees) 2) most fun mgr makes things happens insead of waiting for things to happens, otherwise they are just lousy remisiers (just my opinion) 3) avg purchase price 1.3+, is he/she avging down for you or waiting (depending) on you to rally others here to push up the price for him/her ?
This is my EPF investment account, fund from EPF can either invest in the Unit Trust or equity, so i select equity. initally i self managed but after that find better let the fund manager to manage since in either anyway also need to pay for the management fees. on top of that, i have my account that i trade by using cash, i bought this counter also at RM1.29. so far my fund manager ok, managed to made 104% in 3 years which the returns is much better than EPF. partly may due to the right timing in entry point.
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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....
buahhati
14 posts
Posted by buahhati > 2012-03-30 09:24 | Report Abuse
Planning to buy at 1.15. ......dunno the price today.