If you have listened to those negative people or so called smart aleck, you would have missed a gem. I have bought and been holding from the day it listed at 52 sen. Now making 100% profit.
Agree with @nagachan. The amount of baseless, negative comments on this company's forum is too high. And some of it are absolute rubbish. What people don't realise is that small retail investors like all of us here don't really have an influence on the price with our small buy/sell orders so there's no point to try and say things to get other people here not to buy. Small players not buying isn't going to suddenly halt the momentum and bring the price down - only large sell orders do.
If you want to make money, just follow the fund managers/operators and ride the momentum while there is technical strength - not hope for it to come down so you can buy cheap. By the time it comes down, the rally would have been long over and you will be left with a cheap stock that doesn't even move. In the end, its only you who loses out. Nobody else. There have been at least 8 or 9 entry points over the last 5 days and if all you do is keep hoping for the price to come down, you are never going to make any money in the stock market. So keep hoping and let others who are willing to take some risks profit - just don't talk rubbish because it helps nobody.
And if you want to know why this stock has been doing so well, just read my previous comments.
Sincerely hoping those of you who haven't bought did so at RM1.05 during the minor retracement just now. Was too overheated earlier but don't think there'll be a better opportunity once the market resumes tomorrow. After flying under the radar for a week, there should be a lot more volume since it was a Top 10 active counter today and only one of 3 stocks to post >5% gains in today's bloodbath market. Not quite a hidden gem anymore?
@Yael Jasper, you might've exited too early. Huge buy orders of nearly 500k at one go @ 1.09 and 1.10 earlier. Don't think whoever is pushing this stock up will be done anytime soon.
Just be patient and hold, guys. It has rallied a lot already over the past few days. Just needs a breather now to shake out all the weak hands before it continues upwards :)
I don't know if any one else of you is facing this problem but I'm using CIMB iTrade and when a buy order is filled, you can see the quantity on the "Time & Sales" section of the stock tracker but the volume chart does NOT update to reflect the transaction.
Only happens with large volume transactions so just be careful and don't trust the chart completely. Same thing happened yesterday and I had to call up the helpline and they confirmed it was a problem and they will fix it ASAP.
Just a reminder to always double check in the "Time & Sales" panel to see if any large transactions were made but not subsequently reflected on the volume chart.
revenue will become loss soon. tired of asking syndicate to goreng already. please investigate the lawyer involved in the IPO. i heard he bought lots of shares and even told his friends to buy in up to 1.50. wakaka. they threw a party enjoying bottles of champagne and fine dining. if not mistaken the lawyer involve in this deal goes by the name of Lee and the office is near gardens midvalley. find out more. cheers
Revenue Berhad is owned by my cousin. Honest man who worked hard his whole life. Don’t know about the lawyer but seems like if it is real the lawyer just ride the boat of my cousin’s success.
If they wanted to goreng, it wouldn't have come this far and there would have been many, many sellers quickly disposing if they felt it's overvalued. But everyday (except for yesterday), buy > sell volume % by at least 20-30%. Doesn't seem like goreng to me when there is genuine demand. Plus, this counter is still way undervalued compared to its peers.
I was right last night when I said this counter was oversold. Let's see what the next few days brings.
Doctorvestor, please let your cousin know the lawyer is riding on success and might be trading on non disclosed information. i would not want to disclose the full name here. can perhaps just do a google search - Lee Lawyer Midvalley. It will show further.
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Posted by cytew > 2018-08-13 12:00 | Report Abuse
nothing wrong