EOD Update (21 Apr 2006)
Latest purchases:
SEG: +3,000 (1.04) ... Total 8,000
TIMWELL: +2,000 (1.89) ... Total 8,000
Latest disposals:
SYF: -1,000 (1.37) ... Balance 1,000
/ichithekiller
.comment-link {margin-left:.6em;}
Bursa Malaysia stock trading portfolio of nobody really important.
2 Comments:
TIMWELL looks like a promising prospect on chart. It has retraced 61.8% from its last peak and is now near the 20-day moving average line. I will put it in my radar screen.
By the way why did you buy TIMWELL?
Good to know it looks promising on the charts. I don't really use MA's. I saw what looked like accumulation. A quick check showed a revamping of the Board and emergence of a new substantial shareholder (block placement at 1.60 & subsequent off-market purchases). Those in the corporate scene will know this particular Dato' Seri is the MP of Bintulu. And we all know this is election year for Sarawak. Now, why would he be interested in taking over a small little counter like Timwell? Your guess is as good as mine, but I'm willing to bet something "juicy" is in the pipeline...
What do you call this type of analysis? Fundamental? Technical? Heard of the Mosaic Theory? I always say I trade on intuition, but no one seems to understand... ha ha ... BUT, I could be wrong though! We'll see...
Post a Comment
<< Home