Better u buy again to average ur buying price, this ctr seem like will rebound again, but in my opinion, it wont touch the highest point like last time, shark wont let ppl who stuck at high point to run out, only way is cut loss here or accumulate to average it...
still holding ? i check my last trade buy .265 , cut loss .255 , in in out out 6 times ,kalah the last time,then i totally forget about this 1 already ,,,as i see the only hope for this counter is uplift from pn 17 status .. and percentage quite high cause shrewd man rajendran still holding 7.7 % , belum cabut . and next time ,pls remember to cut loss for goreng counter . for rubbish counter t+1 enough already, except those i very confident and familiar . cause wanna average pun susah may lose more ..mostly average down for FA strong company only ,, all the best
ya ,, and sorry to say is possible , remember to set a cut loss price next time u bought any pn 17 or rubbish counter ,, high risk high return , like gambling . but i feel this counter stand a good chance to uplift from pn 17 .. i m a risk taker , r u ?
By the time I bot tis at 0.30 then I wana average the price I reenter again hoping the counter pumping ard the price. Who knows it keep on dropping.. If cut loss nw gone few thousands nia... :'(
, What is PN17? In this article, I will talk about on listed companies that are classified as PN17. PN17 stands for Practice Note 17/2005 and is issued by Bursa Malaysia; relating to companies that are in financial distress. Companies that fall within the definition of PN17 will need to submit their proposal to the Approving Authority to restructure and revive the company in order to maintain the listing status.
While there are more than a thousand companies listed in Bursa Malaysia, not all of them are in a financially sound position. Although at the point of listing, these listed companies must meet the Listing Requirements of Bursa Malaysia, given time, the company’s financial position and business direction can change for the better or for the worse.
There are many reasons for these changes, such as change in management, risk profile, management team’s experience, foresight, financial appetite, over-gearing etc.
Prior to 2005, listed companies that are in this PN17 condition are classified under PN4.
hehee ... good news to hepitrade ... Bursa Securities has vide its letter dated 18 October 2013, granted the Company an extension of time up to 30 December 2013 to submit a regularisation plan to the regulatory authorities.
hepitrade tomorrow will know .. and wish that u can escape , last friday i testing few at .155 caused i see the rebound signal , don know right or wrong yet .
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....
4u2c
3,553 posts
Posted by 4u2c > 2013-09-12 20:12 | Report Abuse
Tjhldg .....thank you for clearing my confusion.......hope u make money on this.