Takaso Resources announced that it is being appointed by a related party as the main contractor for an RM37.4m 21-storey commercial building contract on January. I got a feeling something is coming..
OCR land looking into Takaso...meaning more good news coming right?
Private property developer OCR Land Holdings Sdn Bhd had acquired today, 15m shares or a 7.6% stake in Takaso Resources Bhd. In a filing with Bursa Malaysia, Takaso announced that OCR had acquired the shares today via direct business transaction, and raised its direct interest in Takaso to 13.88% or 27.5m shares. A separate filing showed that Ong Kah Hoe is a substantial shareholder of OCR Land, and is a deemed interested party in the transaction. Following the transaction by OCR, Ong is deemed to own a total of 19.05% indirect interest or 37.74m shares in Takaso, on top of a 9.4% direct interest or 18.63m shares in the baby products and condoms manufacturer.
Actually I don't fancy Takaso...but this morning it jumped and caught my radar screen. Today the momentum was very fast...moving from 48.5 sen to 51 sen within minutes... But it suddenly stop...or paused. So I am monitoring if further buying this afternoon. Already entered at 48.5 sen to gamble for weekend pocket money. If it go below 48 sen I cut loss. Else I let my profit runs!
I think there is a lot sellers waiting to unload causing the pause. I think if the operator is certain that the road blocks are cleared, it will start to move...Just look at that buying queue at 48 sen...just waiting to absorb any selling. So 48.5 sen is quite safe...but we never know. If someone wants to trap us they can just clear off the 48 sen queue...but it worth a gamble as we saw Takaso did went to as high as 74 sen...so not impossible to move again....lets see the show.
Nanti 2nd half tengah hari tengok ada show ke takda show...Takaso..jangan main2...kalau ada show cepat2 naik... kita semua mahu untung besar hari ini...
Come on.....come on fight....sellers or buyers who is stronger? ?????? Buy!!!!!!!!!!!!!!!!! place your money....sell....selll....how much more you want to sell? ????/
The transfer process is still going on steadily....Don' know when can finish....Seeing the volume traded , retailers kecut... Volume meletup but price tak mau jalan...
Is a transfer process....at this stage , u dare to buy , retailers....noway....But the transaction still active without much price movement...Only those who has the foresight can see...
PART A (I) LETTER OF AWARD FOR THE CONSTRUCTION OF A COMMERCIAL BUILDING FROM OCR LAND HOLDINGS SDN BHD TO TAKASO LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TAKASO RESOURCES BERHAD (“TRB”) (“PROPOSED RPT”);
when i first started, I didnt know this is a goreng / highly speculative counter.. recommended by my dealer.. learnt a very good lesson from this counter.. got burnt kaw kaw.. unless you get used with this "touch & go", "hit & run" style.. otherwise STAY AWAY for newbies.. otherwise get trapped & burn!
@saifol, you r right! earlier sold off all my balance at a loss after waiting for more than 2 months.. i wont return to this counter anymore.. main biz already switch to focus on property.. good luck to all those who just jump in this bandwagon.. :-)
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aliimam
471 posts
Posted by aliimam > 2015-03-05 11:58 | Report Abuse
@richkid
okay man,
looking at ur past record, i hold myself behind u, no offense.
lets see