nothing comes for free..is not force sell..is just temporary fed will be the caretaker of the operation...they will negotiate for an exit. Is left and right pocket man..no one want to see a bad deal..it can only be better.
ok..low volume no panic selling. not say no rebound...only no immediate rebound..waiting sideline for fundamental investor to come in to ride the wave.
KPS support point at RM 1.67... if not, the next strong support point at RM 1.41... Puncak support point at RM 2.87(considered strong support level)...
carefulinvestor ,,,"when i saw the directors keep selling even during close period, i know some innocent rookie ppl will be caught one day "
did you check their holding? these are peanuts....has no influence on the share performance. ..... market is poor most shares are down....couple with news at the wrong time affect investors' confidence...determine the support level.
wealtyman, i never said their selling caused the drop. what we should be careful is why they sell when u as a outsider think the co is good to invest but they as directors r stupid to see what u can see??
those who hav monitor time chart in trading platform(any broker), pls observe 11.42am,price 1.70, volume traded- 345000 shares, 4.32pm, price 1.70, volume traded-308000 shares. very obvious not normal traders done. 11.42a.m transaction volume quite fishy to force seller sold the shares. 4.32pm volume done to maintain at 1.70
He said the state's four concessionaires will be paid RM9.65 billion as planned and Selangor will discuss the payment methods with the federal government.
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....
samsoongyc
732 posts
Posted by samsoongyc > 2014-01-14 18:29 | Report Abuse
Now will only buy if below 1.60 cos probably hav to hold a while . MB in battle mode!!
Anyway hav other counter maybe better choice haha