because when we have ppl who PURPOTEDLY have direct access to the company management be so KIND to come to i3 frequently to share his PURPORTEDLY discussion with the company management in detail which paint a bright immediate future for the company, OBSTENSIBLY without any form of documentary evidence whatsoever (please see Jay's blog https://klse.i3investor.com/blogs/purelysharing/210865.jsp),
@skyrider Greatech is now clearly a GORENG STOCK !!
but why Greatech is a GORENG STOCK now ??
because when we have ppl who PURPOTEDLY have direct access to the company management be so KIND to come to i3 frequently to share his PURPORTEDLY discussion with the company management in detail which paint a bright immediate future for the company, OBSTENSIBLY without any form of documentary evidence whatsoever (please see Jay's blog https://klse.i3investor.com/blogs/purelysharing/210865.jsp),
It is jubilant when the party is on, but when the music stop, some will leave with only underwear!! Hahaha ... have fun guys ........
Thanks for the advice skyrider!
Here's something I like to share. Never go into trading using margin. Use only your spare money. This way you will have a peace of mind and hopefully still have some clothes on when the unexpected happens.
does not matter black or white cat,if can catch mice it is a good cat...why so many sochai sour grapes suddenly appear...hahahahaha....dow up 300 pts...tmr greatec 1.2
skyrider: That's a good point there but guess what? Even if it falls down to 0.85 tomorrow, I will still be laughing all the way to the bank because I don't think like you and jay do lol!
@ Richard KH Wong @Mabel Since Greattech share price reach 0.99 already, if add some more, will it be too expensive to buy?
Richard Dear,
I can only relate from my own personal experience.
When our dear Calvin promote Lafarge some time ago in relation to the ECRL Project, many were sceptical to buy into Lafarge as the price was already between 2.20 and 2.50. Calvin estimated the TP will be much higher.
After doing some research, I decided to take the plunge. When Lafarge registered another consecutive loss for Q119, I decided to take the offer from YTL at RM 3.75. The losses are mainly due to the delay of ECRL Project by the Government. I made 65% margin from this company. The profits help me to strengthen other Mabel portfolios including the acquisition of Greatec on its IPO day. I paid 20% above IPO to get into this train as my earlier offers does not achieved the desirable result. The rest is history.
Plan to get back into Cement business when ECRL really starts. Industrial products such as cements are secondary business. It will only move when the construction industry recovers or when a mega project starts.
So, coming back to your question, this is what I will do :
1. If you are already on board the train, just ride this wave and enjoy the cruising speed. This train is lovely, beside having nice companion, you got to dine those wonderful lobsters almost everyday. Apollo and Pang have been dining lobsters for the last 3 days since IPO :)
2. if you haven’t, then I suggest you take the above learning from my adventure with Lafarge. If we achieved TP RM 3 as highlighted by the team, you are getting on the train at 1/3 of the TP price.
As the price goes higher...those sitting on the fence will continue to be hesitant to enter...but the bull won't wait for u...any minor pullback is the best price you'll get for now.
A 3 dimensional numerical and technical analysis based on the the following theories and principles ;
(1)Fibonacci Principle(费波那契法则) (2)WD Gann Square of Nine(江恩九宫格) (3)Cause/Effect principle (因果法则)
#Greatec has made its debut with opening price of 63.5 on 13 June 2019 ,and hits a high of 78 and closed at 74 with daily average traded price of 71.4, and the daily traded volume was 192.721 million units . Subsequent day open at 75.5 and hits a daily high of 85.5 and closed at 81 with daily average traded price of 81.6 and daily traded volume of 112.105 million units. Therefore, the 2 days cumulative average traded price was 75.15 with cumulative traded volume of 304.83 million units.
The followings are calculated resistance/support points based on Fibonacci Principle ;
#Highest price was 85.5 (阳), and #Lowest price was 63.5 (阴) 。
161.8% (extended) (85.5-63.5)x1.618+63.5=99.1
61.8% (85.5-63.5)x0.618+63.5=77.1
Along the price movement path, strong resistance (pyramid corner-pc) and minor resistance (mid point-mp) points are as follows; 65(pc), 69(mp), 73(pc), 77(mp), 81 (pc 隔墙), 86(mp), 91(pc) 96(mp), 101(pc)...
#Interpretation (解读):
From the above available data to date , cumulative average traded price was 75.15, while computed fibonacci 61.8% is 77.1, indicating that, #Greatec has yet to reach it's highest price for this round of surge, therefore we are expecting that, it will move further up within next couple of days...We just wait and see !
#Note : The above analysis is #purely for educational purposes only.
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....
Jhl23
19 posts
Posted by Jhl23 > 2019-06-18 18:00 | Report Abuse
Fair value 1.7?