Advice on Technical Analysis on SGX Stocks, how to trade it with japanese candlesticks..and trade with other parameters to gauge the direction of a particular stock if it is uptrend or downtrend..Of course this is only my personal view with disclaimer on my website. "To check Disclaimer, it is on the left top of the website here"

Saturday, August 28, 2010

PEC, Financial Results and my buy-out...

PEC, if you noticed in my blog has always been a lot of write-up on this stock as it is one of my favourite stock besides CapitaMall.

Just few days back, I missed out the date of the Financial Results thinking it was on Sept, which meant I didn't get the price at the lower price as this stock is always on my mind before the Financial Result is out or during the oil price movement.

Nevertheless, I have sold mine previously @0.86 but I got back at higher price yesterday @0.89 during 9.00am to 9.30am. I know you guys will think that selling low and buying higher is not wise move but exception case does occur. Why? Because of the total dividend that interests me. (0.04 per share). This has already accounted me on the price bought which meant that if I keep till the dividend , it is much lower price that I bought.

But of course, it can move downward or upward after today's closing price of 0.910, but at least I am in for PEC again to play this stock either or short or mid-term play.

Anyway, I will start writing lessons again to my subscribers and trust me, I won't want to delay anymore.I want to touch base with those new subscribers that have subscribed to me since July which I have not communicate yet and also those old subscribers(some of them who has asking how I am doing, appreciate that! )
Check it out tonight for those that have subscribed to my newsletter!

Thanks and happy weekend!
Star-Trader

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