Saturday, November 25, 2023

Chart of the day : Malakof (code : 5264)

 7 pm ... awaiting for Liverpool's game while checking on some latest QRs ... Malakoff, losses AGAIN ... I remember there was a Malay-member sharing with me (we met up at Main Place, dinner on him) why he invested his funds (kinda fund manager la) into Malakoff. 

Well ... that was during the listing time ... some years back when it was around 90cents ... didn't hear from him since then. Hmm ... wonder if he is still carrying her ... 


Malakoff : good rebound this month = hit resistance = sell. We shall see if next week there would be another selldown. 

If anyone is to trade Malakoff (avoid la ...aiyo ... ), then wait around 55 support. limited upside with NO good reasons to buy in, anyway.


Here ... to show current situation ... huge debt and losing money. AVOID la. 

ok, enough warning ... mana tau, next year surge back to RM1 , right? 

TEH


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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 ...