Looking at the volume traded yesterday, can anticipate how much it will fall on Monday unless majority SH is so generous to offer good price to privatise it which is quite unlikely. Congratulations for those contra winners yesterday.
0.28 is a good buy but not cheap in this type of markets sentiments, world are fighting covid-19, it may takes up a few months and whole world could be in lock down, economy and business are doom.
I believe more selling waves are coming. If 90 cent was a buy call, 30 cent was cheap, 10 cent is cheaper. During crisis, property and construction company normally don't do well as individuals or company would not be spending money to buy homes, factories and commercial lots. Unemployment and retrenchment will be only thing that are in the minds of individuals or companies.
KLSE will drops more than 50% from 1650 pts to 850 pts in my opinion. Covid-19 is more serious than the Asian financial crisis which drops 45%.Asian finiancial crisis doesn't affected the whole world and there are no lock down in every countries. The economies are so badly wounded that it takes a long time to heal.
China sees zero local coronavirus cases for second day, hits new record on imported cases PUBLISHEDMAR 20, 2020, 8:34 AM SGTUPDATEDMAR 20, 2020, 1:57 PM
BEIJING/SHANGHAI (REUTERS) - China’s coronavirus infections from abroad hit a new daily record while infected travellers reached an unprecedented number of Chinese provinces, pressuring the authorities to hold the bar high on already tough customs rules and public-health protocols. For a second day in a row, China found no domestically transmitted cases of the virus, which is believed to have emerged in a central province late last year, according to new daily figures on the disease, registered on Thursday (March 19). Now the focus is on guarding against cases arriving from abroad as the spread of the coronavirus in Europe and North America sparks a rush home by Chinese expatriates, many of them students, raising fears of a second wave of infections just as China brings its epidemic under control.
Mainland China had 39 new confirmed cases on Thursday, the National Health Commission said, all of them imported. Of the new imported infections, 14 were found in Guangdong, eight in Shanghai and six in Beijing, the health authority said in a statement. Big transport hubs like the capital, Shanghai, Guangdong, including the city Shenzhen, near Hong Kong, have been the main points of entry for the infected travellers. But on Thursday (March 19), imported cases were also reported in the cities of Tianjin, Liaoning, Heilongjiang, Shandong and Gansu in the north, as well as in Zhejiang, Fujian, Guangxi, Sichuan, bringing the total number of imported infections in China to 228.
The commission did not say where the cases were believed to have originated but provincial authorities said some of the travellers had been in Britain, the United States and Spain.
It will be at least 2 more months before covid19 subside. We saw Ekovest dipped below 0.30. It will go down again before rising like a phoenix. Don’t rush in as our death numbers are only in the early stages
Stable measure on asia region , i don't think any bad landed , all will stable and handsome back , will rise today , my expert view , bad is past , bright occupy the air .
REGION rebound , not point fear again , manipulated the whole secret money policy in future , cleaning the gutter finance , remain volatile , but effective on private task .
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....
Investsucess Trader
4,761 posts
Posted by Investsucess Trader > 2020-03-20 22:14 | Report Abuse
When it was 0.90, many peoples are also asking to buy, When you ask peoples to buy, you must also know to ask peoples to sell.