Thanks KC53, I 'll keep on averaging down whenever I think the price is right n will monitor the movement every now n then so that I won't miss the opportunity. :)
zhm540, I'm not comfortable with that type of counter that went up so fast from 0.10 to RM1.80+ n then now drops quite fast too. Anyway best of luck to u n huat ahhhhhh..........!!! Trade at own risk.
In my view,if this counter goes below .315 I believe then the syndicate has the intention to test the all time low of .255 or even lower to accumulate.That would be the case when they see dow jones has convincingly struck major top and heading for the 20-30% correction.In fact when it broke the .32 to hit .315 I was already feeling uncomfortable but it did close at .32 I still feel you cannot hold for long term at the present moment unless one is prepared to stomach paper losses.
It's good enough at least not to depress the price!This syndicate just wanna keep on depressing the price!If they had supported the price,it would have hold at .35 cts!Now it broke the uptrend line since listing.This syndicate just waiting for opportunity to depress lower to accumulate and flush out weak heart holders!
Technically it shouldn't break .32 .In fact when it first hits .32 only 200 board lots was done.However this time round so many lots were done and it even broke .315.I guess it's the intention for the syndicate to flush out weak holders For it to resumes it's uptrend it would first mend the uptrend line
peter123, my present holding was bought at a high price n therefore I need to average down. If not I could not dispose of my holding at such a high price. I hope u understand why I'm so eager to accumulate more. Trade at own risk.
Unless this counter is linked with 1mdb which I think not,right?The gov investment arm holds over 51% but that doesn't mean Najib holds it.Pls correct me if I am wrong in the deduction.
after 8 days of KLCI into red, bio still not down below 30c, low was 31.5c, which is good, as the available shares in the open market not more than 90m, right now big player is collecting, once they collect enough will push up the price...
although 1Q net loss 0.029 million (decreased 83.43%) , 2Q onwards will be profit
if KLCI continues to drop, may still go down to 30c 30.5c
The only thing that bothers me now is the klci daily chart of smaller head and shoulder formation is targeting ard 1718 but weekly chart immediate potential head and shoulder formation says that if breaks 1730 will head to ard 1557 (approx) From the daily indicators due to rather low I am just guessing probably it hits 1718 but have to close above 1730 on the weekly chart so that it negates the weekly chart head and shoulder formation.Question in my mind,would they bash down biohldg and break below .315 during this time?Looking at the biohldg chart,the low should be around here already and I still believe there is a chance to hit .4 even in the event they intend to break the .315 eventually to the test the low of .255
When I feel comfortable with the company then I'll buy n keep!!! Especially herbal like tongkat ali etc etc............ tak boleh tahan lor!!! Trade at own risk.
vinvin, you may get your wish today... the upside is being blocked by operators... this stock is not for retail investors! I would prefer IFCA or FRONTKN. They are more fluid compared to BIO. Watch out for PWORTH.. It has been dormant for more than a year with lowest of 16s... but now potential for upside...
JY108,don't discount the possibility of market heading for 1450 if it breaks the 1680 level .There is a potential bigger head and shoulder formation.In the first place have you thought why market hit 1900 earlier?It went up due to excessive liquidity.You think our economy and world is good?World market went up to this lofty level due to excessive liquidity of q1,q2,q3 all over the world!Don't be overly bullish and it's prudent to be cautious and wise to reduce stock position.Otherwise when it hits there,you will find all the yrs accumulate gain is not enough to cover your paper/realised losses
good advice Annetan ! our economy is full of shit and our stock market is not that good. We are depending too much on foreign funds and the local syndicates to push up the prices.
Zhm540,pworth is a highly geared stock of over 5 times.In my opiniion it's highly probably a pn4 counter unless you do your homewrk to find out wht assets they have that people would want to avert the risk or else have to raise right issue.Hence better be careful
pworth is currently talking to Sabah state government to develop gold mining in Sabah.. they are currently looking at potential technology to be deployed. Once it is announced, it is going to be a really gold mine!
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vinvin
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Posted by vinvin > 2015-05-27 12:15 | Report Abuse
Thanks KC53, I 'll keep on averaging down whenever I think the price is right n will monitor the movement every now n then so that I won't miss the opportunity. :)