The game is not over yet.As I have said before the amount of direct deals transacted gives hope to higher prices.However as mentioned before when the volume transacted is so high with small rise in prices indicates that they just want to do target price then will retrace.Wait to buy back.
possibly around .28 cts.most oil stocks are highly geared.the more "geng" and abt 1 billion gearing is umwog.coastal is one of the least geared and very healthy balance sheet but then it's around 2.05. I started buying umwog-cz today.conversion is 1.20 expiry july next yr ratio is 2.5.can watch cy as well but then its conversion is 1.6 expiry also july next yr.if umwog moves up strongly cy will perform better.i haven't bought cy yet.just watching. call warrants are risky but if u made it,u are rewarded handsomely.if u r not a risk taker,stick with mother share
AS I have said,it's dificultt to understand corperate's move.but normally from my observation of so many counters in bursa,it's more likely to head for higher price.According to one of my client who has wide network,he said this quarter's result is good.Iin stockmarket,there is always an element of uncertainty.Ask yourse;f,why did u buy this counter in the 1st place?follow buy is the price u enter lofty? Will it ever come back to that price again?no one knows exactly the route that stocks take unless u r the syndicate for that stock.even then they cannot be certain due to world markets.! i know when u enter big in this stock,it really unnerve you,nothing comes free and easy,lol ho[e this helps to calm your nerves.
Give you another recent example of directors disposing tekseng-wa.From the listing day,it pushes down from .48 to .22 before rebounding to around ..34cts then push down to gaina ll time low of .15.Tekseng-wa now stands strong at .395 cts I believe tekseng has prospects as they are venturing in solar business.But then prices keep dropping with directors disposing loads and loads and keep dropping all time low before coming up to .395 now.Tekseng is worse than biohld as directors are disposing now but prices didn't even go all time low.Perhaps this example will help you better.In stockmarket no matter how cheap in your opinion you buy,you still can suffer paper losses.
Character of a stock will change when it wants to go up.The fact we monitor for too long,we fear the same character appears but it 's never the same.For the first time after listing,this is the 1st fime so much direct deals were crossed,hence I STRONGLy believe there is higher price to come.
I thought we can't get at .30! Today .30 cts is done,lol! The 30 min and 60 mins chart indicate it's not impossible to get at .285! Though if happen could be just intra-day but will close at least .295 or 30 cts If you don't play contra,you don't care the fluctuation.You just watch T+8 for the big volume to see whether you can get then.Homealone,some broking hse provides the option for you to view direct deals.Pls check with your broker.
This stock's movement is most unpredictable.You can't be confidentally be sure of it's movement.Just don't buy too many till you lose sleep over it.It's not worth your beauty sleep.
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bruce5113
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Posted by bruce5113 > 2015-11-02 23:17 | Report Abuse
Duitkwspkita, u pakai kwsp melabur ke? :-D up up up...iris... :-D :-D :-D