Tomorrow is the last day of trading before payout dividend, hard to say, last time b4 give dividend attempts also failed to live up the expectations. This time we hope it's going to exceed the expectations. At least a 0.40 closing tomorrow!
normally they (TA, Juipter & Kenanga)will release the news as they wanted then they try to push the share price up. Then once they gain, they will slowly sell and push the share down.
Don't be angry..there,s nothing wrong with the fundamental of this co. bear in mind this stock sit quitely within the range 0.20 to 0.25 within 2010 to 2012 before it soar to 0.54>. Whoever do no have the patience n dump the shares that moment are crying n sitting duck now..Do not ever speculate 4 short term profit. Instead look at the real quality of this stock and ride it all the way through its volatility ...you may win for short term... but do not angry if your profit a mere groundnut profit...if you want to trade..this stock is not for you...go and find another harvest if you can...
For those who have zero holding or little holding on this stock, this kind of price correction is the opportunity to accumulate more. This stock at last few months its price has dropped to 0.33. Unluckily nobody bother and afraid to buy at that time. For those traders who bot at that time and sold at its peak of 0.395 has been rewarded handsomely with roughly 20% capital gain not including dividend. But not every traders are lucky enough to sell at its peak as most of them were greedy and wait the price to soar more than 0.40 which it has not materialised. That was the reason why most traders suffered when it's price dropped back to >0.36. For those traders, it is advised to quickly dump your position here and leave this counter to us who invested in it for long term throughout its volatility. This is an investment grade stock and should be dealt with respect.
This is a chitot counter what for strong fundamental no movement better buy Th Heavy Engineering, at least when PN 17 lifted sure above Rm 1..so invest wisely.. Don't be emotional...think wisely..make money while u can..
Fundamentally strong counter does not move up and down drastically as they are controlled by the wise smart money who are in the midst of dumping or accumulating the shares. Sometime the share price is not moving at all due to existance of two groups of smart money who dominate the shares, first group are those who are in the process of accumulating the shares and the second group are those who are dumping the shares in order to realize their profit as they have been invested in the stock much earlier. The share price will hardly move until the first group completes their accumulation and the second group fully exits from their position. The first group will subsequently spread rumours by using their controlled press/media and hired analysts on future potential of the stock, merger & acquisition as well as other catalysts to markup the share price. They will exit from their position immediately as soon as the rumours are materialized. On the other hand, they will quietly exit if they receive the info from their resources that the rumours shall not be materialized. They will be dumping the shares to the greedy sheep traders who are willing to buy at the peak price.
If you are not a serious investor and have no significant capital, this kind of stock is definitely not for you. Go and find another Harvest if you want to become rich overnight. This stock is truly a high quality fundamental stock for those ownership oriented high profile investors with significant bunch of cash and who are willing to patiently wait years after years after years and enjoy the high yield and long term capital gain.
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....
anakkel
1 posts
Posted by anakkel > 2012-10-15 14:29 | Report Abuse
Can someone help, to hold to to sell? In at 0.39