ITMG miss prediction

After dividend date, many foreign buy ITMG shares for speculative rather than buying before dividend date. Foreign showed a contrast point of speculating where buy after dividend and sell before dividend date. This is a poor strategy on trading whereby many times i noted foreign always loss in speculating ITMG buy higher then sell cheaper. So the enter of foreign in ITMG might not help the shares to boost up. In conclusion just trust the local players for ITMG. happy trading all the best... WILL I AM Chen

Feed the chicken, it will be more expensive

Wow CPIN arrive at RP2,025 today. It will be good point for the chicken to fly again tomorrow. Tomorrow will be predicted to go to Rp2,100. It is still showed a strong buying level. Every break higher level will showed uptrend in stock price. Pst... the chart indicator showing a similar trend with BISI last year speculative prices to Rp 5,000, it predicted this chicken will be as expensive as Rp 5,000 too, safer will be Rp 4,000 runaway point. Lets check it out tomorrow... all the best happy trading WILL I AM Chen... GBU

The strength of chiken (CPIN)

CPIN shows continuous uptrend, close at Rp1,810 and will heading to Rp2,000. This uptrend showing indicator to buy. Consideration will be on BISI, the subsidiary of CPIN which moved to R5,000 last year. Will this year be the year of CPIN Rp 5,000?. . . Rp. 2,000 happy already la... few lots in market make it easy to push upwards... happy trading Will I Am Chen... GBU

ITMG updated

ITMG will continue to move on. Today close at RP24,400 and will be heading to 25,200 which is its resistant for tomorrow.. Surely it will breach the resistant at Rp25,200 because of its high dividend sentiment. If breached then next target will be Rp 27,000. Regional might be supportive to shares and confirm will break and investors could keep on investing till dividend date at 20 or 21. Hurry in before late. Happy trading and investing. . Will I Am Chen

Right Issues

what is right issues (RI) ? it is not the right to issue newspaper. In stock, RI is the right to issue additional number of shares based on current available shares. In other words, if a company want to increase its capital, they can issue additional stocks by allowing the shareholders to exercise some right for new shares. For example right 3:5 means shareholders should hold 5 shares in order to issue 3 new shares. Holder might hold until passing certain date such as 31 may, then they must provide additional funds to exercise the new shares.

The price of new shares was decided by the company if the right issues is at Rp 1,000, and holders keep the stock until 31 may, then tomorrow they will get the right to issue new shares. The right can be traded normally within 1 week, if after the end of trading price the right is only value at Rp 200 then shareholders should add additional Rp800 for one share.

In stock market, company which hold the RI corporate action, will boost the current shares price before the RI, and after the RI the stock value will drop as the shares becomes more. Suggestion is buy 1 week before RI and sell at the 1 day before RI. Happy trading ... Will I AM Chen...

BUMI

Bumi stock currently might be at risk with many foreign target its price to drop till Rp1,100. But this stock might not be so cheap, suggestion for accumulation might be at Rp2,400 before its go up again. Foreign will keep on sold so be careful if its breaches Rp. 2700. Rp 2,400 quite cheap already lo rather than late to buy if its fly... Happy trading William Chen

ITMG hold for dividend

ITMG will be a good investments for temporary until its cum dividend date at 21 Oct for RP680. Suggested accumulation is at around 23500-23800 and keep till 21 Oct. Normally foreign will accumulate stock giving distribution or diligent in sharing profit as dividend. This stock currently play within the range 23500 - 25000 with sideways trend. Accumulation at bottom at 23500 might be a good idea... happy investing, trading, and speculating ... William Chen