I thought of using my favourite racing-higher title for this stock. But I decided to reserve for next round. Anyway, suffice to say today is a good run for Presbhd. Daily price movement is like climbing a mountain trajectory. Friday had similar pattern. But that is not what I want to talk about. But rather I want to talk about how a trained and seasoned stockist could smell something especially when this happened on the top of one big transaction crossed at RM2.40 with values close to RM1 mil mark in a single scoop. In fact, there was another even bigger scoop crossed at RM2.35. The fellow who made that call might get sack because he/she has literally lost more than RM30,000 in a day based on today's closing price. Or is it really the case? There's no smoke without fire.
Wait a minute. EPF, KWAP and a company director have been net buyers of the stocks in recent times. It's as clear as daylight if you know what I mean.
Good luck.
UncleZ, I would like to know your view about Mitrajaya? TQ.
ReplyDeleteI have read the blogs you post for Malaysia and it's update, we also provide updates of Malaysia. You can contact us on Epic research.
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