i forecast next resistance should be RM0.585; if can go relentlessly, then would be surge till RM0.70 (30% up from RM0.54). Don't forget its NTA is RM0.80. I bought at RM0.45 level since Oct'13. Sold some at RM0.50 (10% profit). Never too ambitious & scared like Fibon case (Bought at RM0.43 never sell at RM0.65++) & now stagnant back to RM0.50 level.
31 days chart at inverted hammer with small shadow at the bottom....look like touching strong support here...may spring up the next few days...knee jerk response ...
Counter making 10 cts/share, PE 4.87 and NTA 89 cts ...not only making brassie but housing developer now! Look like the counter easily touching RM 1.00 in longer term when declaring dividend....
I do not think it may go lower coz co is making lots of money at 10 cts per share ???? buying when people are throwing is the answer , buy slowly ....so to get the bargained price. It may cross 50 cts and further up if less people are throwing.
Caely is making 10 cts per share but is trading below 50 cts? Price n earnings are contrasting ? others only making 1-2 cts can achieve around 50-90 cts ? at 10 cts it should be trading from RM1.00-RM 1.50 min....Longer term may come true . Now the market has overlooked this counter totally , look at the sad volume being traded daily.
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....
lepeng85
256 posts
Posted by lepeng85 > 2014-02-12 21:27 | Report Abuse
non-stop up