What is the news? Pls lar, tired seeing people keep saying insider news....insider news..... i also got one insider news on pmetal....that they might go for 2nd bonus issue by this year. Can you believe? Myself also doubt about it.....
As mentioned earlier, syndicates are selling lah......short term and margin traders are advised to take profit before the cooked duck fly away. They are taking profits toward RM2.00. Advised to buy back reaching RM2.00 level. TA wise, double top formation mah......
I dont have insider info, but I know this company has been using their earnings aggressively to expand. May see higher EPS in coming quarters, I see much potential in this company
The fact we have 2 reputable investors in Pohuat does not guarantee the share price will not fall. It does however imply that this company is "investment grade". If you take the long term view, which these gentlemen do, you should do fine.
I think it is good for long term investors who unlike day traders and speculators who only want to make fast money. With the continuing improvement in PHuat's fundamentals as stated in the latest annual reports it will sooner or later be traded at higher prices. Look out for new institutional investors in PHuat. If they increased their holdings then it will make another stride in its share price. With the coming PHuat's shareholders approval for the mandate to purchase it's own shares, this will be favourable for long term investors.
Many invested in PHuat wanted the share price to go up in the shortest time possible. But, if you have not accumulated enough you just wish the price of this share to come down further. Fund mgrs like to push prices down to weed out weak holders to build their positions.
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....
siulong1
406 posts
Posted by siulong1 > 2015-03-31 15:39 | Report Abuse
pohuat price keep being pushed down, why ah?