
Technically, the MACD signaled a buy and RSI shows bullish divergence. The price cut the 14 days MA with high volume. Made one attempt to cross the 20 days MA but retraced. Hopefully the 14 days MA and the white candle now provides the support. Wait and see.
Looking at the candlestick pattern of Vard, it more and more resembles a fry pan bottom as days go by. The strong white candle on 30th July can indicates 2 things:
1) Pump and dump (I feel is extremely unlikely based on my own observation).
2) Insiders may have already grapped hold of some good news and that's why buy in cheap first.
What's really brewing I am really not able to guess. But if follow the pattern of previous fry pan bottoms for other counters, the reversal is gonna be a bullish one. Just my own opinion. Do your own due diligence.. =)
Loading engine.. Prepare to chiong mode
Sailing sailing home
Sailing sailing home
Sailing sailing home
Vard ready to set sail once again on bullish Dow. Prepare to see the surge!
Wa, Jim Rogers number 2 ! 





Simpsons ( Date: 01-Aug-2013 23:03) Posted:
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Equities generally is still cheap and other than blue chips..not many 2nd liners stocks so hopefully vard with ita fundamental can go up to $1..then $1.5..then..$2...then $2.5..then $3...
I intend to leave the shares for children and children's children..lol
I intend to leave the shares for children and children's children..lol
Agreed with you,  Bro.
  With sound fundamentals,  " you know I know" this counter will definitely rise back one fine day.
Cheers !!

SFGuyRuleZ ( Date: 01-Aug-2013 22:10) Posted:
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I definitely don't just invest in this counter. But i have the capital to invest and wait for this counter. Besides, opportunity cost is provided you can confirm make money from others when you don't leave your money here. But how sure are we? Nothing is certain. I do not know about others, but I have personally discovered myself that throughout all these years, if you can hold for stocks which you see potential growth and good fundamentals, you will definitely earn much more.. I am just speaking for myself.
Cutting loss in the case of Vard would have been smarter, but no one can predict when the bleeding will stop. I personally never expected the plunge to be so big. I am not saying cutting loss is not important. During the financial crisis 2008, Keppel drop from about 10 dollars to 3 dollars. Not just Keppel but almost all stocks. Cutting loss in a market crash is of course important. But for Vard this time round, is really a 50-50 bet.
Averaging down is risky but if you believe in the fundamentals of that stock and you can afford to lose that capital in the most worse case scenario, by all means, take that leap of faith and go ahead. Averaging down for e.g, penny stocks that have no fundamentals would of course be extremely dangerous and not advisable..
Average down or cut loss, invest long-term or short-term, trade or speculate or invest, short or long, etc..., it really has to do with one's capital, time horizon, risk appetite, style, judgements,etc... Everyone should also do their own homework and don't just listen or invest blindly. Even when it comes to valuations, like what Bro Jomini said, different analysts view the company differently and may use different valuations and discount factor or PE ratio. Please trust yourself and listen to your own gut feeling and analysis.
I assume Sis Gorgeous you are not vested in this counter le. But wish you all the best in other counters. Cheers!!

GorgeousOng ( Date: 01-Aug-2013 21:50) Posted:
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Maybe he hv 24 stk invested. Spread out calendar yr....still can get profit 2 times a mth! That's said...he's a investor n nt speculator looking at short short term gain. I see it as 98c in less than 4 mths.
GorgeousOng ( Date: 01-Aug-2013 21:50) Posted:
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If you keep holding on it....what about your opportunity cost.. You could have made a lot more from other counters. Give it a thought.
Cheers!
Cheers!
SFGuyRuleZ ( Date: 01-Aug-2013 17:40) Posted:
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This counter will definitely rise back de. The question is when only..
Some fundamentals for Vard:
Market capitalization (for now): $944 million
Acid-test ratio: 1.14
Current ratio: 1.18
Debt-to-equity ratio: 2.76 (reasonable for capital-intensive companies)
Retained Earnings: $536.55 million, out of which ~ 80% is in the form of cash and cash equivalents
With such good and strong fundamentals, tell me how to not don't buy and hold. Aberdeen123 and Ozone are correct to say that this counter is affected by speculation and confused sentiments now. Even if is 2 months or 1 year for the counter to recover, I will still wait. Just my own opinion. Do your own due diligence..
Hey...bear bar very small n got buying pressure. Previous bull bar looks big enough to reverse these 2 days poor showing n head north!
Sis, betul sekali!!! Tomorrow can start collect some...Cheers!!!
halleluyah ( Date: 01-Aug-2013 19:04) Posted:
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Dik, boleh sell dan lagi tapau short sekali....untung 2 kali ganda yah....
GorgeousOng ( Date: 01-Aug-2013 18:28) Posted:
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Indeed is a nice trading counter...buy on fri n mon...then sell on tue....make some kopi money....cheers!
This is a very nice to trade counter.
I guess he is trying to say that fincantieri might follow footstep of stx group and milk $$$ out if vard in the form of high dividend payout.
pineapple123 ( Date: 01-Aug-2013 15:47) Posted:
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Henry$$$,
what have you been smoking i cant make sense of what you're saying
what have you been smoking i cant make sense of what you're saying
Dividend_Warrior ( Date: 01-Aug-2013 15:45) Posted:
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Italian government is smart??!!?!?!
 

Henry$$$ ( Date: 01-Aug-2013 15:33) Posted:
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