You know when the election is coming. Pelikan is one of them. If want to buy suggest buy bit by bit. Average up or down. Major support is at 0.38 if broken then no need to see. Sky is the limit when is up up. Good luck traders!
Pelikan International Corporation Bhd <PELK.KL>: * UNIT TO SELL GERMAN LOGISTICS CENTRE FOR EUR81.0 MILLION * SEES ONE-OFF GAIN OF 184.83 MILLION RGT IN RELATION TO PROPOSED DISPOSAL
Good share. Cut those chase limit up above 50 yesterday Then cut again those who buy on news above 45 today Triple kill those buy on dip above 40
They will make you thought this is just one-day-show / pump & dump. You cut lost or pick up. Some day after T+3 next week they will pump green again. But above 50,errr. good luck.
Stationery maker Pelikan International Corp Bhd has disposed of its logistics centre in Germany for a cash consideration of €81 million (about RM400 million).
The group said part of the disposal proceeds will be used to reward shareholders through special cash distribution.
Many dare not buy Pelikan at 30 sen. When the news about pelikan disposing an asset worth more than its market capitalization leaked to the market many scrambling to buy pelikan even up to 55 sen. I think there is a lesson we all can learn from pelikan episode!
MARKET UPDATE The FBM KLCI might open lower today after stock markets dropped on Thursday on rising concerns about prospects for the global economy, following days of sharp moves in government bonds that hinted at slower growth and inflation than previously expected. Equities fell first in Asia before the negative mood spread into Europe and then to Wall Street — a move analysts blamed on expectations that US economic growth is about to peak at the same time as signs emerge of a slowdown in China. The US S&P 500 index closed lower by 0.9%, while the technologyfocused Nasdaq Composite slipped 0.7%. Both indices had set records in recent days. In Europe, the continent-wide Stoxx Europe 600 lost 2%.
Back home, the FBM KLCI closed 1.4% or 21.44 points lower at 1,508.71, marking a one-year low for the headline index. Markets in China were also down as well. Hong Kong's Hang Seng finished 2.89% or 807.49 points lower at 27,153.13, while the Shanghai Composite was 0.79% or 28.21 points lower at 3,525.5. The Nikkei 225 in Japan closed 0.88% or 248.92 points lower at 28,118.03.
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....
DonLee
503 posts
Posted by DonLee > 2021-07-08 11:04 | Report Abuse
faster sell tomorrow T2 die lor