QUOTE(gark @ Nov 16 2013, 10:11 AM)
Yes agree with you the chart is not nice, it is indicating that the share is on the down trend. The earnings also does not seem to be improving after the took over proton.
The blue gap up is when the announced they buy over proton so sudden euphoria on the stock. Now you talk chart, I talk stock.
Before they took over proton their earnings is on uptrend, but seems like proton is dragging them down Q after Q. This you can see the selldown after each Q report, and up again before each Q report hoping for good news that the proton bleeding has been stopped. (actually this trend is tradeable
)
But I feel that everyone is very negative on proton hence the share is getting a beat down. I believe they are on the verge of turning things around with the proton acquisition. ie. Cut R&D cost, using rebadging cars, develop land owned by proton (proton city & proton shah alam), using proton's facility for general assembly. Proton need to change slowly to perodua and i think they are taking that step.
Their other business growth has been stable but not fantastic. What i like is puspakom, indah water, klia services is MONOPOLY business with good margin.
When can this stock turn around, no one can tell for sure. But when the losses from proton is stemmed, then this stock will be back to the uptrend from the unlocking of value inside proton. So yes, I will not buy now, perhaps can see again when the Q report is coming up soon...
I talk chart you talk stock. The blue gap up is when the announced they buy over proton so sudden euphoria on the stock. Now you talk chart, I talk stock.
Before they took over proton their earnings is on uptrend, but seems like proton is dragging them down Q after Q. This you can see the selldown after each Q report, and up again before each Q report hoping for good news that the proton bleeding has been stopped. (actually this trend is tradeable
But I feel that everyone is very negative on proton hence the share is getting a beat down. I believe they are on the verge of turning things around with the proton acquisition. ie. Cut R&D cost, using rebadging cars, develop land owned by proton (proton city & proton shah alam), using proton's facility for general assembly. Proton need to change slowly to perodua and i think they are taking that step.
Their other business growth has been stable but not fantastic. What i like is puspakom, indah water, klia services is MONOPOLY business with good margin.
When can this stock turn around, no one can tell for sure. But when the losses from proton is stemmed, then this stock will be back to the uptrend from the unlocking of value inside proton. So yes, I will not buy now, perhaps can see again when the Q report is coming up soon...
Before they took over proton their earnings is on uptrend, but seems like proton is dragging them down Q after Q. This you can see the selldown after each Q report, and up again before each Q report hoping for good news that the proton bleeding has been stopped. (actually this trend is tradeable )
( Yes, every single trend is tradeable.
But are you sure you want?
For example, you can see what...
If you compare the first red arrow with the second green arrow.
It's quite a move, within that trend.
It's like some calls it... a trend within a trend.
And yeah... some pros will tell you...
they can 1.
Ah... not that I will say they bull shiiit you ...
I think it's doable...
but...
you know me...
I like eat expensive rice.... huhu...
If no big meat...
I won't waste my time one...
hehe...
I agree it will be a good idea for you to see the next Q first.
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Nov 16 2013, 10:22 AM

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