Down tend sudden big transaction, big player run away, Up trend sudden big transaction, big player come in. My simple understanding on bulk transaction.
Nvm heather, just let those blurblur retailer run. If an expert in chart saw ranhill daily chart, they will knew something. huge volume in bottom + sudden sell off on 2nd session... hehe so obvious but some retailers still blur... said big shark run? No wonder ppl said 80% of retailers are losing money. Let me recommend u something, In FA wise, RANHILL business is solid + promising, even MCO also not much affect on its business. Power plant is also another promising sector. In TA, i more interested on this. I already monitor last week when price at 0.83 constantly, but MACD keep going up. yesterday, huge volume but also small sell off =? Shark collect enough stock dy, ready to push, but need to test water and wash retailer who buy at low price first. Even stoch + stochrsi + macd, all looks good. Based on FA + TA, i have no reason to sell the stock but keep topup when dropping. 1st buy last week 0.83 2nd buy today 0.825, hope continue drop to let me collect if can. But seem impossible since the bottom is so solid.
power plant companies: MFCB PE 11x (in Laos) Ranhilll PE 12x (in Sabah) Malakof PE 13x (in Johor, Perak & Kedah) Jaks PE 31x (in Vietnam) Tenaga PE 21x
ranhill net profit dropping after Q4 2019. Of course there are a few reasons. Like lower tariff rates for Sabah, lower water consumption due to MCO & etc. Ranhill also follow government order, to subsidy the water bill for the B40 group (RM2.8 Million) until end Dec 2020 (subject to extend). So, all these affect ranhill net profit, it also affect ranhill share price
I think previous announcement they buy back shares to reward their employees instead of issuing ESOS. $$$ from limited profits available are used for a select group instead of shareholders. That could be a reason why share price is dropping.
Previously they share buyback and take the reserve shares as share dividend to share holders, which i think many of us in this group should got it, including me.
still make profit for Q3 around RM72m, should not decrease the second interim dividend 2020 to 1sen. no new development on the proposed Geothermal Power Plant, Mini Hydro and the Waste Management.
Ranhill is the most logical company to take over the running of Indah Water from the government as it has proven track records of operating and managing water supplies and waste water both locally and overseas. Any how, water supply and sewage should, in the first place, be managed in an integrated way, not separately to be effective and efficient.
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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....
Heather19
100 posts
Posted by Heather19 > 2020-11-24 11:08 | Report Abuse
I see. How about big volume that sell more than 1000lots?