LOL I got burned few hundreds already, still no sign of bouncing back...

few hundreds only mar!
Any plan to average down???

Wah.. Resorts suddenly up 4 sen. Come on.. you can do it. Fly up & reach @ 2.10.

Let it be, average down will only cost more brokerage...hopefully it can recover before Friday...goreng stock really high risk

This post has been edited by Futura: Mar 25 2009, 02:57 PM

2.10

That's the fun part of goreng stock.
I allocate a small percentage of my total investment for goreng. Currently, my goreng money stuck in Ramunia. Should have sold it 2 days ago (greed)...

anyone dare for JOHAN to goreng... should be the next SCOMI... if u know what i mean..

FYI: Bank Negara annual report which would be announced at 6pm today and also the monetary and fiscal policies direction from the governor.

This post has been edited by tessei: Mar 25 2009, 03:31 PM

Looks quite possible. Now flies to @ 2.050 already. Just another 5 sen to go.

I think should be able to reach RM2.07 today, not many sellers at RM2.05 right now.

Anybody can explain the announcement by UCHITEC on the proposed renewal of share buy-back authority?

Looks like the share price is responding well to this?

Any buyback program need to seek for shareholders approval, but it will expire after a year or so, after expired, it just renews and seek shareholders approval again.

Whether they actually implement the buyback from the market, it depended on company wish. They can buy zero share in between as well.

It has no effect on the market with this kind of news.

2.10? waaa... all very greeeeeeady.... I also wait for 2.10.. LOL

I see.... just a renewal huh? Seems the market is responding to even this kind of news as my favorite counters are mostly red except for some, including UCHITEC....

Anybody dare to goreng TMI?

Only dare to goreng after rights issue!

Ok. I'm in!

Go go RESORT.... still far from my ABP...

2.1 only, my tp price is RM2.5

Nowadays all analyst TP all tak boleh pakai liao... they say 2.50 today.. two months back they say TP 3.50... next month they tell you TP1.50...

Now you only notice ar?

I put a funny scenario (which is happening in real life, surely not all case is like that, if you monitor it long enough)

When share at 3.50, TP 4.00,
recommendation: buy

When share at 2.50 TP 3.50
Recommendation: buy

When share at 2.00 TP 3.00
Recommendation : buy

When share at 1.50 TP 2.00
Recommendation : hold

When share at 1.00 TP 1.00
Recommendation : sell

Then share bounce back from 1.00 to 4.00 after new bull run emerge after years time.

this apply to maybank also, now the new TP is 2.45 and recommedation SELL.

ci green lioa. Bingo!

This post has been edited by sampool: Mar 25 2009, 04:30 PM

I think analysts are like TV weather men. Sure they can tell you the weather four or five days ahead but as the day approaches it still rains when it should shine

If the wind starts blowing another way, they will change their predictions. So have to be fair to them, their analysis is based on the data that they have that day.