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the main problem right now is not following blindly the 'Value Investment'.
If you got a large capital to keep average down, then it's totally fine. But who knows when this stock gonna hit the bottom.
Not sure can fly high. by the way, i am holding 10 lots at 6.03 ringgit and missed the chance to sell at highest price. May be should let go now. hahaha
For my personal view, I'm confident that it will be second uptrend wave after the split share. The problem is the downtrend right now has been confirmed and breaking the support line each time it goes down.
My entry at 25 (which i myself considered high as well), I had choose to CL as the TA view is going worse day by day.
yup Wong. There's a lot of potential in TG whether it's short term or long term investment.
Right now the big shark keep pressing it down, and no one will be sure how much the price it will be.
Preserve the capital and wait for the right moment to entry again then it will only be profitable.
of course there will be a lot of ppl goreng it.
However, as a small cap investor, the most important things is to choose the right moment to SWIM with the shark but not EATEN by the shark. :)
I hope all of us achieve some profitable return in the investment. Good Luck.
ask yourself , TG capital decrease by 10000million , u think retailer can do this? even 10k retailer with rm10k also only have rm10million , cant even fight the shark
The shark indeed holding the extremely low average price in TG. The selling force is to press down the price so that they can goreng up again, probably after the share split. For those who living at lvl 25 condo and above, will needa reconsider their EP