If you see a great stock esp the steady uptrend one, but some persons keep on giving negative comments just ignore it. If you follow negative persons, you won't earn money in the stock market even in the Malaysia bull market starts from this Jan2024.
Well here’s more of unpopular “negative” opinion again, but I rather see it as keep head calm opinion. By no means I’m saying it’s a bad stock and will crash or anything like that ya
I mentioned before the resistance price is 4.25 and 4.5 as well, it will break this in time, I just mentioned I see there is deliberate of some push and dump in tracker at times which is quite usual for small cap stock.
As for today’s morning session, tracker does shows some deliberate pushing to 3.3 and 3.8 price point , but later half in the afternoon the trend looks more steady and there is healthy buy and sell. So in my opinion everytime after some pushing, even if some minor correction happens after the pushing, the bottom price is risen still. It’s like push 20 cent, then even if drop then drop 10 cent only. Since the outlook is good. So plan your entry point well if u plan to hold And exit point if u doing short term trading, and be mindful after 4.5-4.7 price point, unless there is new announcement of good news.
Don't mind Davelnvest. His intentions are noble. But I wouldn't be too preoccupied with price numbers, support or resistance. Too random. Nothing to analyze. Just like buying toto or lottery. Pure luck. Never liked technical analysis. Too mumbo jumbo and frivolous exercise for me. Just let fundamentals and market forces take its course. Investors will know when to buy or sell according to their risk appetite. No regrets. It's their hard earned money. Don't need lines and dots on charts to guide them. It's like seeking fortune teller or feng sui master to show you the way. Fake. Just make your best educated decisions. Chill brothers.
@lionel Thank u so much. And what u say above is so correct. I know some small investor are using forum discussion as part of their reference to buy or sell, hence all I’m asking here is cool their head and make educated guess of buy/sell at whatever price and risk they can own it.
Well it’s 4.5 now, resistance broke. Congrats but be mindful of entry point now, The trackers looks healthy though for now.
Davelnvest is not negative, just too cautious I feel. It's good to be careful and prudent with dodgy, speculative, poor fundamentals and over priced stocks but for deep value stock like this, one must be brave and take full advantage as it does not come very often. Make hay while the sun shines. Cheers.
Dave,you meant well.But if you are not well versed with TA,better keep quiet.Do you know what is the implication when a stock breaks all time highs consecutively,?Obviously you have no clue.
PETALING JAYA: Crescendo Corp Bhd (CCB) is disposing of a 20.463 acre plot of vacant industrial land in Johor Baru to Digital Halo Pte Ltd for RM115.88mil.In a filing with Bursa Malaysia, CCB said the proceeds from the land disposal will be for working capital purposes and to fund ongoing projects.
Looking at the way sellers parking to sell, seems that there are not many free float shares available in the market now. In other words, Crescendo may have been cornered. It is up to the operator to dictate final price as he wishes, may be 10 ringgit, 15 ringgit or even 20 ringgit. This is the characteristic price pattern for a cornered counter.
Fears of a wider conflict between Israel and Hezbollah are escalating. Here's what to know From CNN staff Israel has claimed responsibility for a “targeted strike” in Beirut that it said was aimed at the Hezbollah commander responsible for a deadly Majdal Shams attack — a major escalation that stokes fears of a regional war.
Fu’ad Shukr, the “most senior Hezbollah military commander,” was killed in the strike, according to the Israel Defense Forces.
6718 CRESNDO, CRESCENDO CORPORATION BHD - + MATERIAL LITIGATION 1 Aug 2024, 18:08 MATERIAL LITIGATION MATERIAL LITIGATION CRESCENDO CORPORATION BERHAD ("CCB")COMMENCEMENT OF CIVIL PROCEEDINGS BY CRESCENDO EDUCATION SDN. BHD. ("CESB") AGAINST KTC HUMAN RESOURCE CONSULTANTS SDN. BHD. ("KTC") AND CRESCENDO INTERNATIONAL COLLEGE SDN. BHD. ("CICSB") JOHOR BAHRU HIGH COURT CIVIL SUIT NO. JA-22NCvC-6-01/2024 You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Asian stocks slump on growth concerns; Nikkei hits 6-mth low in post-BOJ routInvesting.com- Asian stocks fell sharply on Friday, tracking an overnight rout on Wall Street
Sun 04 August KUALA LUMPUR: JP Morgan says the Johor-Singapore special economic zone (SEZ) will likely be a multi-year growth story just as how Shenzhen SEZ has developed over the past 45 years.
It also said the Johor-Singapore SEZ provides high-growth sector specific opportunities, outside of property land bank play.
The SEZ is promising given a more conducive regulatory and policy environment with proactive collaboration, the US investment bank added.
The firm expects regulatory harmonisation and tax incentives to pave the way.
For what we know Crescendo is making more than 2 ringgit this year. We also have bonus 2 for 1 equivalent (share split 1 into 3). We are also going to get 30 sen special dividend. Just weigh how much Crescendo is worth merely based on the above.
No more shouting rm5? Told ya it will be rm5, just not at this moment. Even when the company profit taking by selling shares maybe thinking too high the price , still wanna shout rm5. Anyway, No need to attack me, this will be my last post, don’t wanna post anymore unpopular opinion. Bye .
Summary for new investor- The hike is due to Deep value fundamental, manipulator, investor rally, data centre bloom and RTS project, and some others.
Now drop due to general market problem, international issue, and manipulator cannot keep up so left the field. However the deep value and projects is still on going, hope nothing happens to that. So it’s still a great company with high value.
So wait good price point and restock and keep, make your own judgement, don’t easily sway by market movement.
Jalan Senyum 1 billion ringgit project consists of 1200 condo units. Land cost 72 million with 3.2 acres of free hold land.
How long do you take to go to RTS Station? Only 8 - 10 minutes. It is even nearer than from R&F Princess Cove next to the Causeway. So this project should sell like hot cake!
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2938 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
ks55
3,845 posts
Posted by ks55 > 3 weeks ago | Report Abuse
I am very very patient to keep Crescendo to at least 6 ringgit.