see the trading volume by now it is only small fish is buying and selling. crocodiles already let go their stocks on 12/10. my take on this counter is going to lying down for a long period of time before next goreng season.
i would be interested to know their refocus after taking away loss making businesses. esp since is under tan sri chia, we should be even more keen to wait it out.
pump and dump? i would have let the share moved above 50 sen last week , stay there for a while before going back to 19sen? why would i want to cap it out ? hmmmm
keep ourselves updated on 1) election progress over in east msia. upcoming election's job awards 2) 5.17% purchaser identity. not sure who really bought it 3) construction theme in play soon 4) Assetkayamas progress
as long as dont break below 29.5c then it is still worth to try at this stage. easy to cut loss anyway. but just to be ready it may sideaway for quite some time, or even move down. bankers defnitely will need to wash away those bought on 12/10 then only will have significant move.
super high volume on 12/10 already told us that bankers have offloaded their stock. now left retailers to play among themselves. it could have technical rebound but dont expect itwill go back to previous high in short term.
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Chiwawa
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Posted by Chiwawa > 2017-10-16 09:07 | Report Abuse
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