Just thinking why those working in Scomi keep selling their stake . If they know the price is going up, why not they sell later ? Abu become CEO ? No way !! The trend now is , we can see some big guns are disposing their holding , but so far the market is absorbing well . The only thing worry me is the company directors are disposing their holding .. Anyone can enlighten me ?
prior to a very good announcement soon, directors normally will sell most of their shares coz: 1) want to scare away the contra kakis 2) want to create a panic selling
then later they will slowly start buying back in bulks...... sometimes u cant even catch up with their buying momentum....... it all depends on the market force.......
wait.... this is not a mid term holding....... this is short term holding..... cant tell when......... have faith and u will be rewarded.......
tomok has a positive way of thought but if you think it differently and it gave negative impress. Top management are selling, they don't have confidence to the future of the company doing? Your call
don worry guys..... this happen to all other great counters....... seen before knm trend? 2 weeks at 67 cents but now look at the price....... same goes to iris past 2 weeks panic sell but stop at 51.5..... now look at iris price....... i cant say much but already give a hint here.....
mistakes we Malaysian investors always make here...... 1) cant sabar nak untung cepat only 2) if directors and gang sell of their stakes the company still cant and wont go bankrupt.......Malaysian typical misunderstanding
hehe.... i'm used to this scenario more than 50x already...... scare people technique..... the art of Malaysian cash rich investors....... no worries.....
Kept on collecting lately, my average price now is about 45 cents ...... my buddies have allready collected to the tune of 2 million shares ....... that's how confidence they are ..... we shall see next month where we go hawaii or eat maggi. hahaha.
this one very short term only pending major news...... tungguuuu......... hawaii coming if not port dickson also can maa...... better than biskut cap ping pong n kopi o panas.......
If I know exact announcement or major news I won't go to Hawaii lah I go world round trip lah ....... nobody will tell you the exact date of any major announcement ..... I too have to wait .... like tomok 81 mention tunnnnngggggguuuuuuuu ...... that's why I mention no contra on this counter.
tomol81 total agreed, its for that reason I keep buying as it drops. I am not the same bomoh with the flying carpet and coconut, the only nuts I have are my balls.
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Posted by tomok81 > 2014-03-13 15:10 | Report Abuse
nice one akmal......
however the source is about another project......
k nice update........