buy 1,000,000 x 0.04 =RM40,000 sell 1,000,000 x 0.045 = RM45,000
profit = RM5,000
profit margin = 12.5%
if you are lucky and able to do it a few time , the profit can be quite significant
who say can not make money
this is called swing trade
Not every counter can do swing trade
but pworth can ?
why ?
1. Last price = 4.5 sen
2. 10 weeks range = 0.04 - 0.045
3. NTA = 11 sen.
4. bad news : 4.1 temporary halt of logging operation for the verification logging activities 4.2 disposal of shares by Rashid Hussin wife 4.3 disposal of shares by CEO 4.4 disposal of share by Mahagaya
5. good news : 5.1. recommencement of its logging activities 5.2. good earning prospect 5.3. positive profit for coming year 5.4 good plywood price ( >50% revenue) 5.5 100M china contract for the supply of plywood 5.5. Showing improving growth for the coming year 5.6. successful listing of its Singapore subsidiary 5.7 Acquisition FMU5 is successfully completed 5.8 a huge negative goodwill of about 200M will be credited into profit
6. every trade swing between 0.04 and 0.045 represent a gain or lost of 12.5%
suggested strategy
1. do nothing , keep for long term 2. take advantage of the low price, swing trade
Result out d then u know whether it has reflected or not lo... if this mth end not resume then it is 5 mths almost... lets see how pwi doing during the first three mths...
share price is moved by good news or bad news not whatever stupid test if there is a good news , then all the buyers will rush in to push the price higher if there is a bad news, then seller will panic sell and the price drops lower
4. bad news : 4.1 temporary halt of logging operation for the verification logging activities 4.2 disposal of shares by Rashid Hussin wife 4.3 disposal of shares by CEO 4.4 disposal of share by Mahagaya
5. good news : 5.1. recommencement of its logging activities 5.2. good earning prospect 5.3. positive profit for coming year 5.4 good plywood price ( >50% revenue) 5.5 100M china contract for the supply of plywood 5.5. Showing improving growth for the coming year 5.6. successful listing of its Singapore subsidiary 5.7 Acquisition FMU5 is successfully completed 5.8 a huge negative goodwill of about 200M will be credited into profit
6. every trade swing between 0.04 and 0.045 represent a gain or lost of 12.5%
suggested strategy
1. do nothing , keep for long term 2. take advantage of the low price, swing trade
don't come here to mislead people with your solvency test you know what is solvency test meh company propose shares buy back wor... solvency test? my foot!
haLIE u LIAR just get lost la.... tipu ppl buy 4.5-5.5 sen now tell ppl sell 4.5 sen.... tipu ppl buy jaks wr 5sen today drop till 3 sen.... kuat tipu....
I only tell everyone share buy back impossible coz pwi has no cash... unlikely to justify they r solvent to do share buy back... dont dream.... share price wont up... i will stuck forever here....
haLIE... dont stupid la u.... type salah pun u can make story.... every counter u suggest pun in deep shit... still want to recommend... bodoh... pwi, jaks wr, ekovest.... just tell ppl u work for syndicate la.... palui..
Jaks wr haLIE’s recommendation caused ppl loss 40%.... sure not dare go back there comment la... haLIE u should go back and give more positive comment la...
why behave such immature and barbaric? i did not cause you lose any money i only had proven your view wrong i am just a stranger to you why treat me like an enemy we got to look at ourselves in the mirror sometimes if not always we do not need the readers here to tell us "stupid" who know there are people who are very happy reading your comments because they enjoy to see there are people more stupid than them
i said jaks WR 5 sen is a good buy because it is indeed a good buy when the power plant in Vietnam starts operation , my 5 cents will turn into anything amount not less than RM1.5
how come you are so stupid to demand that today i buy 5 cents , tomorrow the price must shoot up to RM1.50
if you say that to your son, then he will take you to the hospital for check-up
Already said many times the coming QR is most probably negative. If positive, then it is a surprise, a bonus and the price will move up from the bottom now. If negative, it is expected, nothing to shout about. We just carry on play ding-dong and pocket RM5000 for each swing.
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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....
mkmk
1,514 posts
Posted by mkmk > 2018-11-21 21:54 | Report Abuse
5.4 good plywood price.... can see cannot eat.... logs extraction volume nil hahahahahaha..... cant stop laughing....