luckily didn't bought at 0.295...bought a bit at 0.29...if drop further to 0.25, then i will consider to buy again, then 0.20, 0.15 and last buy will be 0.10
Only 3 lots done for 0.285. Apparently, it seems like a trap test to put new kakis (unfamiliar with this counter fundamentals / market) and T3 & T4 to fear., to test if anymore throwing out before technical rebound and it is going to be an interesting rebound. Watch out for technical rebound.
The engineering arm of the group is reporting improving results from one quarter to the next.Sales recognition from Sao Paolo project in 2015 will give further boost to its earnings . Turnaround is in the making for the group as can be been from 2 consecutive quarters of good results
Hooi, are you there? i believe on you since the price at 0.40...but it keep drop and drop...now suddenly drop back to 0.29....paperloss too much on this counter >.<
"The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices. Market movements are important to him in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell."---Ben Graham, The Intelligent Investor.
This stock is seriously undervalued! Looks like is a trap to clear contra player before great rebound! This company is making money, good prospect coming on top of existing RMbillions project! Even NTA is RM0.40!
Of course bro. u follow bro Hooi to average down since Scomi at 0.42.. Of course your heart dumping... But seriously, I still time my entrance. Will go big when no dumping this few days.
Scomi deals with drilling fluids. So when crude oil collapsed there will be less business for drilling. And scomi will be hit hard. That is the reason for scomi sell down
Yes, but they have secured billion RM contract before oil price collapsed. The less business will only impact on future contracts to be secured. If u see, when Scomies went up they stagnant but once Scomies went down they performed worse.
That is why no one can understand Scomi since beginning. If u see this forum, in the past all the so-call "Scomi Gurus" had left. All the so-call "insider info" ppl had left and all the optimistic ppl all left.... But at this price, i do not think we need to understand Scomi. Just buy and put into refrigerator till 2015
And seriously I appreciate that is still remaining supporters to support this share. Esp. i_investors, thanks for the update and when it starts to go up, then only all the supporter will come back and said buy, buy, buy...And they will be some so-call guru said TP RM0.60 by Jan 2015, RM0.70 by 2nd Q of 2015.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 500 views | 3 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 12612 views | 11 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
ww_guy
605 posts
Posted by ww_guy > 2014-11-20 13:01 | Report Abuse
maybe you think 0.29 is a support price. but is it true? let see....