Switching my all portfolio to Petronm....................could get better return
Stock: [PETRONM]: PETRON MSIA REFINING& MKTG BHD Aug 1, 2017 10:50 AM | Report Abuse
Petronm is poised to surge much stronger later with the cup handle formation and limited sellers.
But what I like most are : 1. Strong and consistent FCF 2. Debt running down fast 3. Business growing with good marketing strategy 4. Proven quality management (vs HY's yet to be tested) 5. Dividend payout (HY not paying) 6. Earnings consistently being strengthened 7. Backed by established industry leader in Philippines 8. Forward P/E of at least 10x
All KLSE sector down except finance & properties. When market down, many will sell lower to lock profit or cut loss. If hve capital, its time to enter/ave down.
First uptrend wave: From lowest 4.14 to highest 5.49 up 135 sen. Then from 5.49 nose dive to 4.95 down 54 sen. (-54/135)x100%=-40%
2nd uptrend wave: From 4.95 run up to 5.94 up 99 sen. Expected -40% again so 99x-40%=-40 sen 5.94-0.40=5.54 Expected lowest for this wave around 5.54 and today lowest at 5.53
So 3rd uptrend wave is to begin now/ soon? Next monday exciting show is expected!
3rd uptrend wave : From 5.53 to 6.28??? Super precise calculation it will hit 6.28! Why? I won't tell u.
if they coming in on normal hour, nobody would throw their share away to them to collect at lower because when they enter they can effect the share price, but during trade at closing, they can just sapu those queue to sell at lower price.
This stage usually for flush away non-holding power investor and for them to collect more to carry on their master plan, what is their plan? I dont know also haha
each bid have their block (seller), if the seller of one bid all kena sapu then price move up one bid, so this guy sapu 16 bid block at the end to avoid other follow to push up the price higher and avoid seller to run away because they want to collect more unit of share
This is my understanding la, I 吹水 only, I newbie also, sharing and learning only ya, correct me if I am wrong
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SuperPanda
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Posted by SuperPanda > 2017-09-14 11:08 | Report Abuse
Dropping to 5.6 now. Waiting best time to top up.