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 Stock Market VERSION 27, Feng Shui? Sentiment? Goreng?

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dsugums
post May 19 2009, 07:35 PM

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Axiata just released its last quarter profit. January-March net profit fell to RM63.9 million from RM402.7 million a year earlier. Revenue was up 5.4 per cent at RM2.87 billion. Going to drag the whole CI because of this.

Maybe can get it for RM2.00 tomorrow. Long term the stocks is a good buy, if drops below RM2 tongue.gif


dsugums
post May 22 2009, 09:45 AM

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Volume slowly picking up. If HSI opens badly, then price might dip again. Otherwise, we might get an ultra mini rally
dsugums
post May 22 2009, 10:31 AM

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The CI looks fake. All the goreng counters are still stagnant. We can gauge market sentiment with goreng stocks alone. I have already start to off load my holdings starting with Sealink. Next to go is TMCLife.
dsugums
post May 22 2009, 10:48 AM

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QUOTE(VyvernS @ May 22 2009, 10:35 AM)
Is Sealink bad stock or just that you are playing fry-ing with it? I thought it was giving 4 sen dividend, and yesterday's earnings showed that it has 4.25 sen EPS.
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This stock fluctuates between 66 - 62 sen past week. market bad, it sinks to 62. When picks up, it hit the ceiling of 66-67. The dividend ex-date is only in July. So, in the meantime can goreng the stock. Will get in again when it goes back to 60-62 range.

Yesterday the 1st quarter results out. They made 21mil profit, thats why the price picked up today.
dsugums
post May 22 2009, 11:04 AM

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Today is Friday, maybe the goreng stocks might close lower before closing. A lot of traders might want to clear the holdings before the weekend. Maybe can pick up some stocks to marinate during the weekend and goreng/bbq it next week whistling.gif
dsugums
post May 22 2009, 11:28 AM

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TMCLife looks like getting ready to do a mini rally hmm.gif

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