Omg, there is no retail investors in this stock, judging by this forum's response where for the past 4 days nobody bother to even talk anything on this stock
That is why I always say don't believe on technical charts so much, as it is merely a compilation of historical data. In this case, if only the operator is playing, he can actually custom made the chart to his whims and fancy. In short, the ruler is in his hand, he can draw the chart whichever way he likes.
What Head and Shoulder formation, golden cross, etc all purely textbook. In POHUAT case, Yeap Chin Poh confirmed there is an operator. If you believe the chart you die faster LOL
Posted by Ooi Teik Bee > Mar 7, 2014 09:25 PM | Report Abuse X
In term of FA, Hevea is better than Pohuat. In term of TA, Pohuat is better than Hevea. I consider TA comes first and FA comes second. Hence Pohuat is a better buy.
OTB has been most consistent TA around! His assessment has been very good! However, some hantu cant stand OTB honest and free views! There's no charges for his stock picks so far and one wonders why! Those funds managers should be sacked to may way for OTB!
Q1 revenue hardly any improvement, only $528,000 only. Like I have said many times in Hevea thread, the rubber wood furniture (either dining or bedroom sets) market is contracting rapidly in the USA. Sern Kou and Lii Hen earlier results are another two very good yardsticks.
Sern Kou even pointed out in their annual report that they are facing severe over capacity problems on their factories and is aggressively digging into the bedroom set business once led by Lii Hen to make up the big shortfall
If I must use a technical term from technical analysis, the price of Pohuat and Hevea will now see a 'divergence' from here onwards, wherein Hevea shares price will lead Pohuat shares price from here.
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....
wikileaks
324 posts
Posted by wikileaks > 2014-03-10 21:01 | Report Abuse
What Kannibu has said is the fact. Buy, Hold or Sell is up to own decision