From current trend of all new ipo, don't think the price will go up, should gradually decrease and close at 0.20. then likely to hover at 0.15 - 0.2 level before on the up again at next QR report.
it will happen again and again. Panic chicken will panic buy at peak price. you should learn that if didnt manage to get IPO, just forget it. A LOT other oversold stock pending to fly up. Masteel today, next Reneuco. not buy call. Just technical example
Learnt something new on this thread today whereby you can lose 300% of your investment. I was taught since my Modern Maths school days that the maximum amount you can lose is 100%. Macam-macam ada. What a wonderful world.
Normally I don't go for newly listed counter because they are untested and without financial statements for me to study. Those who got trapped today, take it as a lesson.
comebackkid@ Learnt something new on this thread today whereby you can lose 300% of your investment. I was taught since my Modern Maths school days that the maximum amount you can lose is 100%. Macam-macam ada. What a wonderful world. -------- Your old fashioned modern math was right ...max loss = 100 % Max gain .. unlimited % what a mad / gila thinking that you can loss 300 % .....kih kih kihh -------
Bought 0.29, sold 0.28 hu hu... It was a success, because lost less..than holding it til 0.25....
1 hr later a big shark cut loss 150,000 lots at 0.255. Market was at 0.27/0.275. He keyed in 150,000 lots, cut all buy queues n dumped all to 0.255. I think.he is the one supported it 0.29 - 0.30 in the morning cost averaging at 0.295. He lost 4 cents over 150,000 lots = rm600,000 over rm4.4 mil position.
Understand boys n girls? Thats how you do it.
That is the reality of trading. So, dont talk kok by the sideline and too chicken to get involved in the thick of the action.
This is not about holding. Its about do what you have to do, when faced with reality of what you see on the screen. He knows better.
If you ask me, at 0.27/0.275 the red candle is already massive some 0.38 long (from 0.65). It is termed a RED MARUBOZU. It indicates the future direction will be much lower. Very difficult for any price to reclaim above long marobuzu close, in this case 0.255. I wud say a weakness towards 0.215 with one rebound to 0.25 b4 it collapses below ipo price of 0.19.
It will settle where it will settle. PE 22 valuation for the ipo price was too high.
O o....dow jones dived overnight....jeng, jeng jeng.....the bad news is....this is only the beginning....of a sizeable correction downwards across the board, across the globe....jeng, jeng jeng...habis lah kau...your paper loss will double n tripple...
Cut sell queue and cut loss, dump to cheapest buyers in buy queue, at 8:59.56 am aka 4 sec b4 market open. You will get highest price of the day. Good luck.
Enter that tech stock now is considered chasing high...saw people start selling at 18.5 cents there... Btw contra players were washed out alrdy, Glostrext will be staying strong at 25 cents there
Buildings, infrastructures and facilities in developed cities will need monitoring as it involves public safety, for example, MRT lines and tunnels. Glostrext, are the one providing the instruments and monitoring technology to the industry,
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2909 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
xuxu
5,702 posts
Posted by xuxu > 2023-08-15 16:41 | Report Abuse
Debut sudah nak tutup kedai ka