Sunday, June 4, 2023

Property Stocks : E&O and Ecoworld

 Morning ... today is an off day ... so, relax. No need to rush ..

I have not blog for looong time, I have not checked property stocks for long time too as most stocks going down much lower ... some lower than MAC2020 low ... some back to 2008 low ... and some even back to 1998 crash low. Serious crash in whole sector.


E&O : nearing 30 cents ... just saw it went thru right-issues at 23.5cents recently. One of the risk of buying these stocks ... you have to cough up more funds for right issues etc ... and it drifts lower, logically ... we should not average it down. 


Ecoworld : at least it recovering ... but during that crazy period of forming Ecoworld (moved from SPSetia) ... it went to the moon ... now, back to earth, the gravity is much stronger, I guess. Buy below 20cents. So, I wait. 

Note : I m BEARISH in whole sector, so no intention to trade/invest in any. More downside with no visible positive outlook. AVOID.

TEH


No comments:

Post a Comment

Stock Watch : TENAGA above RM14

 12.10 pm ... Tenaga above RM14 ... paper-profits RM500 and not selling ya ... add breakout uptrend and hold up ... use the profits to pay ...