Now is July 31st … not yet December 25th… Joy to the World song is not playing yet. Don’t believe Joy to the World song will be sung… But the song Dangerousl by Michael Jackson is playing now… here.
Joyvest, you better cut loss because will drop to any price level, we still don’t know yet. Howwww?
cicakman Most ppl buy above 60 cts. Some managed to run n most ppl stuck n sure a lost if no holding. Good Luck.
Bro, singgah sebentar sebagai pegawai UNHCR untuk meninjau kes keselematan mangsa disini.. Kena berhati2 bila meninjau sebab ni seperti the killing fields, penuh dengan periuk api. Ok bro, dalam 5 minit lagi, akan meninggalkan lokasi ini, amat cemas keadaan disini. Ok roger, over and out.
kk7198 I bought at 0.61...either cutloss or average down.
Bro consider it as an impairment, your willingness to take a one time hit, Walk away, from this mess, this Co will always be here until its dying day. Meet it again at some other tine and at some other turf. Lose today, fight again at another time. There are over 3000 Co to scan for other opportunities. The fact that the market maker creates this significant drop is no reason for him to compensate for the shortfall experienced by those buyers.
@ $$ BUYSELL $$, Tell me, how many times you could afford that ....buy high sell low.Anyway, thanks moonslayer274.....thanks for your advice.yeah...looks like have to get out.
youarewelcome88 I too am surprised why IT services Co with an appreciation of over 100% struck Joyvest to give it all her own in promoting it like crazy.....
@ youarewelcome88 bro, not all his fault, just that we get carried away reading his English. Sometimes he is right too.Look likes have to sell in a rebound.
Day 3 ipo is only 0.30 cents , Many people got ipo 0.30 cents and sell it 0.60 cents and some sell higher. Thanks those people who chase and buy higher, without your support we ipo holder cannot earn big money. thanks you.
@kk7198... Honestly I will say Joyvest only sounds right. @cicakman was right in pointing out Joyvest where he justifies the buying due to an Oversold position. It's hilarious. Day3 then was only 2 day old... Or at most 3-Day old
@youarewelcome88 bro, Let's hear from joyvest. joyvest, many are anxiously waiting for your opinion....to cut loss, to hold on or to average down since some of them are here after believing in your comments.
Day3 falls on day four, will slide on day five, again tumbles on day 6 and continues to decline on Day 7 like a Porsche speeding down hill without break is not surprising and inevitable.
2.It is not entirely due to its directors'selling, rather it is valuation. This is because Day3 is simply over valued on day 1.
3. It is not difficult to size up Day3 and ascribe a value to its share price.
4.Last year Day3 made a profit of Rm6.2m. For the purpose of analysis let's assume there is an excellent earning growth of 15% for 2023. Therefore ,the year end profit would be 6.2 x1.15 is equal to RM7.13m
Hence the EPS is 7.13 / 480m shares is 0.0148 sen
5 The Bursa PE for the top 30 blue chips company in the country is averagely 12.5x If Day3 is price at 12.5x PE multiple the amount that could be achieved is 18.5 sen If Day3 is price at 15x PE multiple it is only good for 22 sen If Day 3 is price at 20x PE it only deserves 29.5 sen
6. Day3 closed at 53.sen today. Hence it is selling at a prospective PE multiple of 53.5sen divided by 0.0148. That works out to be 36x . At the current price of 53 sen , the valuation of Day3 with PE multiple of 36x is extremely astronomical. This explains why even directors are unable to resist the hot temptation. Sell and run with the profit.
7. in the coming days ,the bears will continue to charge violently ahead causing massive destruction in its path and aggressively conquering new territories in the southern region. 8. This is my personal perception of the counter and not intended to influence your investment strategy and plan. Happy Trading 31/7/23
We are happy that we have successfully clamped it down to below 55 sen...still remember that you were asked to sell at 55 and above before listing ? Current cumulative VWAP to date is at about 65.3..which is exactly in line with Fibonacci principles, 73 is high (阳) , 52.5 is low (阴), therefore, (73-52.5)x 0.618 52.5= 65 ,which is perfectly coinciding with cumulative VWAP to date at about 65.3.., if you are a short term trader, you can buy it at 53/54 range and cash it out at about 60/63 range ... don't be too greedy on it...
If fundamentals be the basis for the price dynamics, how do we contend with the issue of NTA which is only 8 sen. The 30 sen IPO done by "NAUGHTY BOY," M&A securities (another is Cloudpoint Bhd) is already a handicap of about 3,5 X NTA., which is considerably higher than the industry average of about 2X. And now at 53.5sen, NTA is about 6.5X. Consider the fact that pegged shares with nominees of IB's have conservative valuations, 2-2.5X based on fundamentals at best, unless you have diamonds or gold as the end game in sight. So what is the basis for the market maker to hold lofty NTA values for a new kid on the block? IMO given 2 weeks time 50 sen and above values are a long goodbye, which might reappear when the company improves its financial in due time.
Given the VWAP of 65 and the lowest of 52.5 under Fibonacci principles,it has reached the first level of the expected reversal any time from now. The likelihood of which is further coupled with its oversold position.
Mind you that the said level should not be relied on exclusively, so it is risky to assume that the price will reverse after hitting a specific Fibonacci level. However this is the 1st level. Good luck ,folks
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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....
$$ BUYSELL $$
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Posted by $$ BUYSELL $$ > 2023-07-31 13:58 | Report Abuse
today T3 is Day 3 mean wet wet wet pant.