Hey ,brother....Watch Benalec fly by end of May. It is turning the seafront into prime land. Using sand and gravel to make land in Melaka and Johor. Using nothing to make something valuable That is call PROFIT...
is basically due to the project in Johor...TP:1.50 is possible and the FV should be above 2.00...u will see by end of the month...dont be late to grab it low now....
the tanjung piai project is under study and due to complete. Expecting Q3 to commence construction...My remisier told me since some months back, the big fish are collecting them
my remisier told me just 5 mins ago..reliable sources said the 8bil project for tanjung piai is believe to be approved. If is true, the TP is not 1.50 but 2.50. Let's see if the market proves it right.
Haha!! Resistance ?? When I enter this stock it shows 1.24 is a very strong resistance but it drops until 1.07 just in few weeks.. I believe it will shoot up to 1.3+ soon
just my pointers. when we trade, we DO NOT use hope, think or whatever. it is mechanical. as i collected more below 1.20, IMO ... i will like to sell at resistance ... and when you see more people rushing in to buy, u will certainly have the fear. That is how my system works, I m speaking about myself.
Since you believe it will go so high, do average up this morning when it went to 1.22. By the way, the lowest was at 1.09 recently not 1.07?
why sell? at resistance. Forums becoming noisier, more retailers coming in. RSI at high levels ... and thinking about it, i might as well sell all.
it is at 1.22 NOW(4.35pm here), and since it will go up above 1.30 and above, it is time to average up/down. Again ... this is just trading. Buying-selling with calculated risk-reward. Be composed and not being drifted by emotions. As we could not predict or forecast the future, we could only trade according to what we see, what we know and what we do.
Learning to trade without emotion is not easy. But if we could control those fear-greed in us well, coupled with knowledge in FA and TA, we could manage our risk much better. Then, we will not use the term 'hope', 'think', 'wish' and so on.
Just trying to share opinions about trading as it is THAT difficult. To be honest, I do not get up or down when market fluctuates(it should, otherwise ... go for lower beta stocks).
Let's learn from each other ... otherwise, it will be a waste of our time and ... this is such a good platform, yet many making it so noisy as if it is like any other forums. I do hope to contribute here more often, but if my presence and sharing irk some of you here, I am sorry.
We need to splash some cold water to our faces when we are 'floating'. Know what I mean?
That is all from me about Benalec.
TEH
p/s : Someone asked my opinion about Benalec ... I have none.
I do not have target price. I do not believe in such forecasting, whether it is FA or TA. I do not believe those broker reports target, either.
I failed to sell at 1.28 today and will take her off tmr as it formed a doji today. As it is testing the current resistance and more short-term contra-traders will be selling, time to take profit ... wait for another day or move on to another stock.
as I said, it is just another trade, profit or loss.
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Brent
11 posts
Posted by Brent > 2012-05-04 11:58 | Report Abuse
it's up now ! any news , guys?