QUOTE(SKY 1809 @ Sep 12 2012, 12:19 PM)
KInda true also.
The reason why I sold off MBF W and Affin and bought Code 10 because I expect it to fall less when the market consolidates .
Well P & O , we started with ( some ) bought around 60sen, and many jumped in at rm 1.20, and suffered losses, and tonnes of noises created by the forumers.
M & A failed , and now story starts to repeat ?
No intention to jump in cos got bad memory at around rm 1.20 then
Thanks for sharing your past exp on the stock.The reason why I sold off MBF W and Affin and bought Code 10 because I expect it to fall less when the market consolidates .
Well P & O , we started with ( some ) bought around 60sen, and many jumped in at rm 1.20, and suffered losses, and tonnes of noises created by the forumers.
M & A failed , and now story starts to repeat ?
No intention to jump in cos got bad memory at around rm 1.20 then
I on the other hand is interested now.
A new M&A speculation appeared last Aug.
Stock jumped with a huge gap up and close around 1.22.
What's most interesting is that with the said weak sentiments and all the 'sell first and buy back lower' talks, the stock held firm and did not give up the gains.
Last Saturday, P&O confirmed it got offers from a S.African insurance company.
Stock gap up on Monday.
Despite the weak conditions again, the stock did not fall much.
Just now the stock holding around 1.22.
The current uptrend which started in June, still looks strong, in its infant stages.
I love stocks who hold strong on weak sentiments.
Kenanga report yesterday says the stock TP around 1.60.
I am interested but I think I will only adopt a buy high and sell higher strategy on this stock.
Sep 12 2012, 12:33 PM

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