I bought KHSB .. err.. just because somebody I know suggested it.

Average price is RM 0.62. Have no background knowledge on this share.

Anyone can suggest... to keep on averaging down or to cut loss???

Really at a loss here...

last quater 4 suffer huge loss, and the loss continue to latest quater 1,
resistance price is about $0.61, Support price is about $0.52.
average down or cut loss is up to u, .....who dare to decide for u!!

how do u guess know what price is their support price ?

elea88,

You are digging your own grave by buying it "just because somebody you know suggested it". It is far too soon to decide what you should do with it because I believe you have just bought it. I also believe that your loss is not THAT bad. Two possibilities:-

1. Hold it if you have the holding power and see what would happen after the downturn
2. Sell if if you are unable to do number 1

Moral of the story, do not trust anybody just because you know the person or because you are buying into a GLC. We have no faith in GLCs.

Good luck.

KHSB is a property company.

A subsidiary of Kumpulan Darul Ehsan ( Selangor State Govt Investment Arm).

their present project includes one in Pulau Indah Kelang.

I dun buy this company...cause i think their business is "slowwwww"
but that doesnt mean their price is "sloww" too...stock price are "irrartional" and hard to predict.

when some syndicate wants the price to up then it will up but July the market situation won't be too good.
if you don't have the holding power to hold for more than 1 month or months then better cut loss when the loss is not much, if later dropped further then even wanted to cut loss also can't

I think from all the above, summary is, sell....

GOSH... really thank you for all the information. Moral of the story is check first before jumping into any shares.. i suppose.

by looking at the chart pattern...

Perhaps that is the lesson you learnt form this. So it depends on you, if you have holding power, keep it. If not, cut loss