sell now and buy back lower. forget about go up, wont happen in near future, ringgit near 3.8 against USD ... you think market will bullish. dream land. bio main investor is MOF.
hold your horses.. now is T4 contra players session.. if the price does not goes up, they need to unload.. wait after their clearance, then after 4pm to see the movement of today.. not be panic.. just be watchful..
based on the volume here.. most of it are retail buyers like us.. if we are the one who create the panic selling mode.. we will be at the losing end for the operators waiting for low price to devour all.. without them do anyting.. HOLD ON..
how do i know? If each of us hold an average of 30K shares, it only need 40 retail buyers to achieve 1.2MIL shares.. if you see the selling & buying queues, average is 1.2 to 1.3MIL..
when operators see that no one is willing to sell at low prices, they can do 2 things:-
1) Either they buy all the way up to increase the prices and then sell it for profits; 2) They sacrifice (some of their profits) and force sell some of their shares at lower prices to buy at low prices & then push up the prices again..
its all about supply & demand in order to make profit..
Market sentiment is giving a field day for this operator.They love to depress the price and what level is anybody's guess now.However the 40 day moving average should be ard .345-.355.
yeah raydiant you are correct, they goreng to 32 cent thos morning to unload some ... then sell all the way now to 31 cent ... will close at 30.5 cent ... tomorrow retest support 30 cent ... once broken 25-28 cent. then is buy time !
volume is oversold.. either price will go up tomorrow morning.. and afternoon goes down again.. or price goes up all the way till close tomorrow.. let's hope for the best! a good friday!
Hi Anne, i already sold off ifca few days back, right now only buy few penny stocks, priva nova efficen, cap and kianjoo.
sold efficen today @ 0.29, was thinking of wait tiil hit 0.30, but KLCI red today so better sell off
cap tend to have a pattern, a good u turn can earn a bit
priva, bought only 30k units @0.265, if goes down will average down, the RSI and ROC indicate oversold, although stochastic K and D and MFI not,
Today BIOHLDG closing should be 0.31, only 2000 unit done @ 0.315 at 450pm... seem like many retailer caught offguard buying at 0.32, with past few days transaction, better to buy 0.31 and below
however, it was good closing with volume @ 0.310 and 0.315, must be retailer averaging down. tomorrow retailer best to buy @ 0.31 or below looks like oversold, price may goes up tomorrow, but by how much depends though...those with average cost below 0.305 should be good for profit taking @ 0.315 or 0.32
unlike last dec, i think most of us are lucky that current big drop is slower than last dec, but recovery may take much longer, looks like gonna last a month for this time
Anne, if you are managing private fund on behalf of family or friends, should look at steady stock like Takaful, it always goes up, today 3.30 - 3.53 range... good dividend yield too
It is also possible that the operator knew 1st quarter result is always down they push up rapidly to unload(the private placement ones) then when the result is out they push down to accumulate.Unless this stock 's fundamentals is a lie,they are pushing down to accumulate.How is it before listing the gov's investment arm took abt the rest to make up 51% holdings?They must have seen the potential in this company .
Takaful,don't want la.At this price it's probably in the range of abt $13!I bought earlier on only 1.30 something to 1.4 for so long ,could wait cut loss before the rise!
volume are getting lower by the days.. temporary only retail buyers at this moment.. if today still no show, have to wait for next week again.. so hold on to your shares.. please do not simply dump/sell your shares.. otherwise others who just come in benefited from the discount price that we give them..
[calvintaneng] Listen! Kulim's 2 pronged Invasion into Pengerang is still unknown to many. If you have a 3 to 5 years investment focus just buy Some Kulim now.
3 Salient factors for Kulim
1) Kulim will benefit from Crude oil rebounding
2) Kulim's EA Tech is directly involved in O&G industries. And performing quite well.
3) Kulim was The Original Landlord in Johor under Johor Govt through Johor Corp.
Daiman, Crescendo, Plenitude, Ksl, KSeng and all other Developers directly or indirectly have to buy their original land stocks from Kulim of Johor Corp.
Epa of Kulim also book this no. for their company cars. The no. is 2692.
Most of the lands by Kulim is planted with oil palms. Sometime back Kulim took over Sindora.
I like the transparent management of Kulim when I tendered for their jeeps.
The oil palm lands in Desaru and Tg Belungkor are very strategic for conversion into housing near Pengerang.
The future of Kulim is now brighter than KSeng by its proximity to Pengerang. Also a possible 3rd Bridge from Spore might link Either Pasir Gudang or Pengerang.
There is a ferry service from Changi Spore to Tg Belungkor right now.
Traderman aka Pedagang.....do you have any buy call for next week trade ?? Can highlight 1 counter based on your trading knowledge & your experience ...let c what u got ..
Since when bio and pwroot same segment? Pwroot Sell ah huat white coffee in supermarket... bio got Sell also? The nearest company Which almost same with Bio is hovid... btw pwroot has good result lady q that's Why keep go up.. bio Last q results is so so only
traderman, according to ur opinion if either one of the company wants to take over the other do u think it can be a good match? I'm referring to biohldg n pwroot! Tq. Trade at own risk.
I still think this round won't break .295.Tomorrow is probably last day for heavy volume.If after tomorrow,it doesn't want to go down then good chance for an upward rally.
Traderman,you must bear in mind the volume then was still high and it 's highly unlikely in my opinion it will behave this way unless dow jones crashes these few days.
I think if market world wide crashes,it might even drop to below .20 cts,lol! I am not discounting that from happening.As it is now,I think it's more likely to rally first before it breaks new low if that is going to happen.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
traderman
7,854 posts
Posted by traderman > 2015-06-04 14:49 | Report Abuse
sell now and buy back lower. forget about go up, wont happen in near future, ringgit near 3.8 against USD ... you think market will bullish. dream land. bio main investor is MOF.