Look at the past whole month records as shown that which is really overbought, buyers are too strong! I believe that soon will be going back to the previous price of 70 sen and above, and hope will hit the new high of 90 sen soon. My friends, do not miss this opportunity! Go! Go! Go! PCCS!
Steven,I am still here. My lowest cost is 53.5 and highest is 94.5,bought many years ago when PCCS was giving tax-exempt dividend 3.5 sen. I will not sell now, wait for the 4th Q result only decide.
Very strange! Based on the transacted volume of whole year, market free-floating stocks has been less and less, buy more but sold less! Does someone intended to acquire a strategic stake in this company?
The Big Boys are very smart. They put a very low buy quote and high sell quote initially so that those want to sell cannot shoot them! A good sign is the gap is getting closer.
It all depends on the BOD and the perception of the public/investors. If the BOD fixed the price of the right issue cheap, then people will buy because got free warrant given. Or better they play up the share and set a higher price for the right issue. Since PCCS paid-up capital is only 60m, the BB can play up the shares or cornered them easily as the free float is about 20% only. I expect they will play to the 70sen ~ 80 sen level (check the price of PCCS 5 years history; same pattern as 9.6.2014 to 18.8.2014)
Old man tried to squeeze the weak holders and eliminate them first before telling the dealer to push up the price,but sorry, nobody want to sell at these level(50 sen) Next week they will " offer " 60 sen and so on to test the water. Remember few months back they push it up 10.5 sen with little effort cos the volume done is so little! Keep monitor this stock but dun be greedy, 80~ 90 is a good price in this poor sentiment environment!
After two boring days BOD got very frustrated and tell their dealers to get into action,( only 72 lots done!) BUT still try to eliminate small timer and stale bull. Let see afternoon any interesting show on.
wah... rm6 i wont dumb dumb hold lor..... i go kee siao liao. But luckily not in need of these money. dumb dumb hold till see light lor.... my tp very short nia.... 70 cents. no need rm6.
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....
King Li
220 posts
Posted by King Li > 2016-04-19 21:26 | Report Abuse
Look at the past whole month records as shown that which is really overbought, buyers are too strong! I believe that soon will be going back to the previous price of 70 sen and above, and hope will hit the new high of 90 sen soon. My friends, do not miss this opportunity! Go! Go! Go! PCCS!