@edenofsaudi though I haven't sold a single glove share yet but if really there's MCO, I don't think gloves will be spared of a selldown at current prices
To the person who converted 289,000 PA; you added RM0.20 x 289,000 = RM5,780.00 to get 289,000 mother shares when you can buy straight from the market at 20 cts or less for the same 289,000 mother shares; and you still can get back RM1,156.00 by selling your PA at 4 cts, why convert? Bodoh...
Locked means buy 500,000 ordinary shares la, but run liao after untung 1 sen difference. Tomorrow see if can masuk balik. Today a bit unstable also the market.
@scenery, depends lor..no sure win one lar...I also make loss sometimes but to a minimum lar...usually short term one within a week, see sentiment also. Loss is much lesser, because short term trade usually when the odds are quite high on my favor which is certain criterias it is a tick then only play one. Else nowadays I prefer to hold on to certain stock which I knew beaten down badly then I quietly buy..lorries. I think you saw me in some counters also haha those are waiting for big profits...Short term if the criteria don't match I no masuk, because short term trade the chances of losing without certain criterias present is no difference than go casino. Of course got time criterias present also will make loss one.
Forget to mentioned is short term trade is very stressful one...Look at screen most of the day also can make you go crazy when you have no favourable odds to bet on..So if you ask me I prefer long term buy and hold. Most people say this pattern is stupid but when I see my own record, it make me the most profits and the highest win %. Day traders 99.999% all lose money one, this is the truth.
This counter got potential one..Just need to be patient. From the latest quarter report previously it shows the cash in bank want bankrupt bankrupt like that. But after so much of preference shares converted, as you all know money come in already so no issues to the business already. Like all of you say lor, make no sense, so must be something you and me dunno one. Buy and keep in freezer. How I see also make no sense haha. But TAYOR.
Permaju holders~ hold tight tight for next 2 weeks, my indicator showing gud sign now~ if break 0.23. my tp will be 0.265. I avg down more when 0.17 last week~ pls do bear with me abit more time~
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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....
OngLai88
1,234 posts
Posted by OngLai88 > 2020-10-01 18:10 | Report Abuse
Still got converters even when prices are falling. Tomorrow 2.35 mil shares listed