Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
JAKE..jcy..I tot I cud help to give my views on this stk yesterday..hope those ppl asked to comment from duit wud appreciate my help....anyway,it still have one more upleg to complete ...tp 93-96 n it shud hold above 0.84-86 area for the aforesaid tp.This u must know...in any wave 5 or last leg of a trend,u might get disappointed for targets not reached,it happened quite often.If u r making profit now,take yr profit at least 70 pct of yr holding n the rest side on it with a trailing stp.
2bits..thats wave 1....can take that...so long as it has a close above 1682 wud qualify yr count...maybe after hitting 1709 it will take a correction(wont be much) n that wud be seen in early December,2015.
those who email me ytd. i have told them to take partial profit 1st.. never harm to take profit after a big surge. will top up when it comes lower. please take note
Posted by Kitty28 > Nov 25, 2015 10:41 AM | Report Abuse
I (1 people only this round) am also look at right price to go in.
They used TA to raise up the price and use TA to close the x-file.
Now it's time to apply FA to discuss. Firstly by quick glance in 2012 when P&L recorded highest profit of RM441 million the stock price was around RM1.58 and current financial year YTD profit is RM209 million so what is your guess of NTA and value price. Should the business momentum remain in next few quarters and continue to achieve all projected PBIT target then RM0.940-RM1.10 should not be a problem.
Secondly, other than the potential merger and acquisition talk with foreign well known players. I am watching closely on the approval process of MIDA regarding its application of tax exemption status for another 10 years. One must alert that the tax exemption shall be expired in April 2016. Please take note of every year's tax-exemption of around RM52 million which equivalent to 15% of the budgeted Profit.
My handout's entry price, target price, time to buy as well as time to dispose were taking into account all these parameters. With proper risk management we can handle well if business change.
Panic just now, did not hold on Capt TM advise. ah.... very very painful!
Nov 25, 2015 09:58 AM | Report Abuse
Buddies..know some of u r still holding jjt-wa..I don't think it will break below 0.55-58 area,if seen tested shud be a good buy.Over the short term,it shud stay below 0.78.
SS1967..as said b4,m expecting 1.20-30 as a new base for the next major upleg(wave C)..towards 1.76-1.80 n 2.20 later.I hope they will announce some good news in December,2105.
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Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/