bcmall was one of the recommended buy by rakuten, right? lucky didn't listen to them
yeap, you're right:
Jul 29 | 08:21 AM Technical View: BCMALL (0187) Key technical indicators are showing renewed buying interest and thus may play catch up and move towards RM0.30 as the company has been a laggard amongst healthcare related theme play.
To read full report: Log in to Rakuten Trade account -> Click on "NEWS & REPORT" Tab -> Click on "RESEARCH REPORTS" Tab -> Search for "BCMALL – Technical View"
from my observation, their recommended stock is like main tikam 50/50 chance to rise, but most of the time the price plummet after their so called recommend buy
to be honest, i never really read through.
instead, im reading this particular thread more to get insights from all sifus here.
Speaking of this, is there some kind of trick people are using?
I swear I saw many people queueing buy for Hartalega at RM20 at 2.29pm today, but when market reopened, the RM20 buy queues were suddenly gone, replaced by RM18
Do they have like an automated bot set up that'll cancel their troll high buy price orders a few seconds before market opens? I noticed it happening many times before market opens in the morning/afternoon. Like you'll see many people sell for RM1.5 10 minutes before market opens, but once open, nobody actually sold for RM1.5
U make a right decision of not selling the big 4, as u almost did so just now Wa, still studying but have money to play share market? Wish I were like this too.
Its good to get exposure at young age. Yes, correct. AT too small le, 0.11. Goreng like got abit risky.
Green Ocean Corporation Berhad is a Malaysia-based investment holding company. The Company's segments include Biotechnology related products and Others. The Biotechnology related products segment includes palm oil kernel crushing and refinery, and premium health balanced cooking oil. The Others segment includes investment holding. The Company's subsidiary, ACE Edible Oil Industries Sdn. Bhd., is engaged in palm kernel crushing, refining of palm oil and palm kernel oil, and trading of refined palm oil.
BRIEF: For the fiscal year ended 31 March 2020, Green Ocean Corporation Bhd revenues decreased 45% to RM199.8M. Net loss totaled RM10.3M vs. income of RM1.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Operating expenses increase from RM55K to RM2.3M (expense), Other operating income decrease of 76% to RM88K (income).
lesson to be learnt... dont chase on a friday.. risk reward not worth it.. closed all my spec positions before lunch.. including losing ones as i thought MUIPROP will head higher when NICE was about to reach limit up..
QUOTE(SGSuser @ Aug 7 2020, 05:00 PM)
No, just much much less profit
lost 15% in value from the point i bought MUI
lets just hold and see next Monday since gold price is still holding:
but worry if this is too high... and my come down further next week.
1. For traders/speculators buying goreng stocks with weak valuation or fundamental, have a cut loss policy, whether it is 10% or 15%, etc.
Do NOT catch a falling knife by buying more shares. Preserve your capital by cashing out and live to fight another day.
2. For true investors, look at the valuation and fundamental of the company. If nothing has changed and the price dropped, we can consider averaging down by buying more of the stocks.
My 2 cents...
good sharing there,
my MUI is now at -15% paper loss.. just wondering if i shall keep it and review the situation further..
Aug 4 2020, 04:17 PM
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and my come down further next week.
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