Steady build up in anticipation of a better quarterly result announcement in Jan 2017. If this materialised coupled with a few mega projects win, then Gadang will head north.
@ kancs3118 now 1.07 is very close to my average cost @ 1.12, dunno still consider low price not. Anyway, if together with warrant, i'm making profit position now already. Believe Q217 result won't let us disappointed again XD
Agreed@tksw. 1.There is a buying momentum,quite strong. 2.MACD cross the signal line earlier- signal to buy. 3.BB(10,2) show overbought condition. 4.Expected price to move.
No worry @Patrick13. The price momentum for a breakout to a higher price is still intact as shown in the technical chart.Analysis also show MACD is way above the signal line- signalling buying.The share is in the overbought state as from the Relative Strength Index(RSI) chart.A strong upsurge move in price is expected at any time.If price drop it will be in a very narrow range.Safe to collect and to get some reasonable return.
Author: Koon Yew Yin | Publish date: Thu, 29 Dec 2016, 11:05 AM
In a few days, I will be 84 years old. I wish to retire from posting any more articles to avoid frustration and irritation from a few idiots who frequently make senseless comments. It is so sad to see that these idiots do not know that they are really stupid and poor.
If timetokoon, murali, and stockraider can show the amount of profit each of them has made from the stock market in whole of 2016 with documental proof, I am willing to give them double the amount they have made.
Many want to know why I dare not participate in Tan WK’s i3investor competition. The reason is that I cannot change the shares I picked at the start and to win I will have to depend on luck. In the actual situation, investors do not just buy shares and keep them for one year.
In fact, I wrote to offer RM 100,000 as price money to Mr Tan WK to make the competition more exciting with the condition that participants can change the list of shares they picked. But he replied that he could not accept my offer because of a few constrains such management difficulties and the limitation of the computer system.
My RM one million price investment competition proposal which RHB and Maybank rejected, is being considered by CIMB seriously. This price incentive will encourage more people to improve their investing skill. You have to have real money/capital to participate. I hope CIMB can get Securities Commission’s approval.
My last gift:
What is poison ??? Anything is more than our necessity is poison such as food, ego, greed etc.
What is fear??? It is non acceptance of uncertainty. If we accept that uncertainty, it becomes adventure.
What is envy??? It is non acceptance of good in others. If we accept that good, it becomes inspiration.
What is anger??? It is non acceptance of things which are beyond our control. If we accept, it becomes tolerance.
What is hatred??? It is non acceptance of a person as he or she is. If we accept him or her unconditionally, it becomes LOVE.
From now onwards, I will post all my writings on my own blog: koonyewyim.com. You are free to visit the site anytime.
After this last posting, I can happily buy or sell to make money to give away. Best wishes and good luck for 2017 to all my readers.
fake gold... buy back Gadang without 2 Qtrs improved results, no new in coming projects, depleting order book... everything remain the same... even RM dropping, so much of Golden rules. laugh die me...
The problem with Gadang now is the push up is done by pengoreng... without actual good news come from Gadang that is very hard to keep up the momentum..
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....
kancs3118
2,214 posts
Posted by kancs3118 > 2016-12-29 07:40 | Report Abuse
Steady build up in anticipation of a better quarterly result announcement in Jan 2017. If this materialised coupled with a few mega projects win, then Gadang will head north.