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Good evening rogue-trader, many thanks for yr advice. Will monitor closely and see how it goes. God bless.
Hi elizlow, MA Crossover although showing uptrend bt it is still mixed-up. Had to wait for a few more days to confirm. RSI is flat while William showed oversold. The only indicator that is quite true for price reversal is Stochastic- it showed either the price will be flat or waiting for a price reversal, which is uptrending. While Bollinger Bands still need a few more days to confirm the trend.
this stock is moving north now and good news on the way.
Hi Nostradamus,
The payment page for Share Portal is down. How do we go abt to made payment to be a subscriber? Thanks.
Good morning rogue-trader, appreciate yr advice whether is a good sign, RSI and momentum turning up or down. Thanks.
There will be a sharp price change soon.
It plans a 100,000 tonnes per year biodiesel plant in Malaysia, to take advantage of the nation's ample palm oil supply.
"Malaysia is the largest producer of palm oil and accounts for more than 50% of world palm oil output," said managing director Kar Wong.
The plant's feedstock will be mainly crude palm oil and refined, bleached and deodorised palm oil, he said, but the firm's technology would allow it to consider other feedstocks. It will be built in Kuantan, Pahang state.
He declined to comment on the financial investment, saying Advanced Holdings is still in the midst of finalising plans for the project.
The firm has not set a date for completion of the plant but normal delivery of biodiesel-making equipment will be approximately six to nine months, he added. The plant hopes to tap into European and United States markets, currently the world's largest biodiesel consumers.
"The promotion of biofuels in these nations for environmental reasons will help drive the demand for biodiesel through tax benefits and regulations," Wong said.
Good evening knightrider senior, many thanks for yr guidance. Have a plesant weekend. God bless.
hi elizlow,
You can now average your holding now !
Got news in SGX posting but not significant to move the px.TA indicators are flat except Bollinger Bands very tight. Price changes next week very likely moving north .
Since you bought at 0.525c for 20 lots, I would advise you to buy more this round to average at 0.355 or less, 40 lots to bring your holding to 60 lots at average to around 0.41c ! Thus when it rebounce back to around 0.4 and above, you can either take back your cash capital with a slight loss or if it go pass 0.42, then you can get some slight profit. All this do not include the dividends that you took last month Sep. Do add in the slight dividends that is given to you at 0.0025c of S$50. If you prepared to park your investment for a longer term, this is a share to consider.
I have friends who bought in 0.41 (200 lots) and just leave it there, without buying in more to average ! So if you can average to around 0.41, i think chances is not too back to recover your investment !
Good morning Knightrider Senior, I did not buy more at 0.345-0355 as I was away since 14.10.06 and only returned on 24.10.06. Many thanks for yr advice. God bless.
Good morning Nostradamus Elite Sir, thanks for yr kind advice. God bless.
Hi elizlow,
Looks like a double bottom at $0.345. Trending up now. Suggest you average down when it dips. Potential to rise is good.
just recover from long down turn it needs to take some time warming up before moving upward all the way,be patient and wait for good news
Looks to be heading south leh...
So did you buy more at 0.345 - 0.355 during last week or even earlier to average out your holding ?
I have been holding 20 lots at 0.525 since Jul 06. Dear Master Singaporegal, yr views on its TA, please. Thanks.
some movement this morning !
Buy so many round, each time at 10 - 15 lots to average, just check my statements, my total of 60 lots is at average 0.38 (exclude the fees). Just buy another 15 lots at 0.35 to average. Hopefully the bio- business could bring uptrend this counter and some new announcement !