As announced on 30 October 2019, Uzma Engineering Sdn. Bhd. (“UESB”), a wholly owned subsidiary of the Group had filed a Writ and Statement of Claim in Kuala Lumpur High Court to commence legal action against Khan Co. Ltd (“Khan”) and Kong Offshore Malaysia Sdn. Bhd. (“Kong”) on 29 October 2019 amounting to approximately RM 63 million.
buy more aggressively late as adjustment over and price very attractive now. Always buy when price adjust and people too fearful on the stock and cut losses. Have been applying this strategy... "be greedy when others are fearful, be fearful when others are greedy" for past years and made a good return, even last year i made 20% return even though market is so bad last year after election...
Agreed. 81 sen is a good price to accumulate. Pull back over, cut loss by retailers also over. Dust is settled, time to recover to RM 1. The overpayment is just an excuse to push lower by big funds after they sold at over RM 1, I think now they started to accumulate... EPF also buying...
Thanks to those who keep spreading "fearful thoughts", big boys will laugh all the ways to the bank once again...history repeat.... Smartest investor like OTB also cut loss....
Posted by Henry8833 > Dec 5, 2019 3:52 PM | Report Abuse
Thanks to those who keep spreading "fearful thoughts", big boys will laugh all the ways to the bank once again...history repeat.... Smartest investor like OTB also cut loss....
Ans : I did not cut loss, actually I cut win. I never lose a single cent on Uzma. I made less only.
To me, FA is still very good. Unfortunately, I need to get out because I take TA comes first, FA comes second. I will come back again once my "Golden Cross Buy" signal appears. Thank you.
OTB also out already. I am also out now. Once OTB Golden Cross Buy Signal appears, OTB will come back. Then, I will also follow OTB come back to Uzma. Bye Uzma for now...
There are so many new traders generated by DDNK seminars. These are the newbies trying to implement what they learned from the seminars. These are the people who bought the unwanted shares. so sad.
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TheContrarian
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Posted by TheContrarian > 2019-12-03 10:12 | Report Abuse
Wah, nobody cheering?