Why not let it drop back to 10 sens then more people will goreng together LU UP UP baru syiok mah ! Hope the banker hear my voice ! Let it drop back to 10 sens !
yes i agree.....yesterday when it rebound from 1.00 i think many jump in......i know bcos i was tempted to jump in too but bcos i made a pledge no more invest in malaysia market i refrain from going back in......anyone went in?
Really surprised me why the public investors are buying this stock? Just have the good cursory look on the Dataprep financials - in the deep doldrums. Return of Equity -30 and making losses year after year.Net tangible asset(NTA) 0.05 cents.Just these figures will tell you straightaway that it is not worth the market price even now at 0.92 cent. Basing on the Technical Charts - SMA10,SMA 250,MACD and RSI probably expects the stock to downtrend to 0.17cents.View the information from https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=8338&mode=1D
@gcke they are betting. Not investing. Have you heard about "The Greater Fool Theory"? This is the fastest way to make money in Bursa MY especially when there is lack of enforcement.
If you are based on chart then it does not make sense :). People come here to buy based on what they think they know, what they believe and how much risk you willing to take hoping to get some profit out of it.
"The greater fool theory states that you can make money from buying overvalued securities, This is because there will usually be someone (i.e. a greater fool) who is willing to pay an even higher price. Eventually, as the market runs out of fools left, prices will sell off."
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....
HaroldHuong
384 posts
Posted by HaroldHuong > 2021-04-07 12:56 | Report Abuse
Who buy 0.830-0.900, sell 1.100-1.200, Gila happy