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I dont understand why people keep promoting this stock?? FA is bad & TA is too. downtrend & sideway.Nothing seems to be in positive favour. PN17 somemore. What happen to the trend is your friend? Just because someone bought thousand hundreds Ringgit this stock, doesnt mean we shd too. There are hundreds of other stock we can choose from.
our own hard earned moneh shd be invested responsibly. At least read Minervini or O'Neill book for God sake. I dont know, myb over time the trend or FA might improve, but For NOW i dont see any logical reason to buy this stock. U may be trap here myb months or years in sideway.
Just analogy. To go fast ride ferrari or any fast car, not slow car like kancil. So as stock.
Disagree. Buy, sell & managing position must be govern by some rules or guidelines. What about TA & FA? For me meeting those criteria for own set TA & FA are the logical reason to buy. Stick & master jjst 1 setup can make u profitable in long run. Else u are gambling, not trading/investing.
Read the announcement since last year. They have secured 30 years concession to supply electricity to ECRL network and build the power plant. This is what we call value investing. Buy when others are fearful my friend
Sure there is Value investing. But u have to make you due diligence to know the intrinsic value of it. However there is also things called Value Trap. Statistically, when a stock drop more than 50%, it will take months or years to recover or break from sideway or worst further diwntrend. RENEUCO drop ~90% since it top in Jan 2021. At the end of days, whatever make one happy bro as long we profit. Cheers!
nobody is promoting reneuco..FF just too naive in this... this is trading business..what is commented here is just how traders views the value of this stock fm their perspective. entry and exit call..thats ur decisions to decide ur monies . Disclaimer. then its weird and wrong to have the mindset that a person comments is another guy buy or sell call...such stupidity if still exist..better quit trading then...
Haha...no wonder most people loose money in stock market....calling people stupid or act smart wont help u make money...being right or wrong also doesnt help u make money in stock market....u can be right & yet loose a lot of money (most of the cases)....keep being ignorance & help me make more money...cheers
I don’t understand why ppl dont do their research and identify growth potential and turnaround story for a company. All announcement already there to read :)
