Mistakes?

After two weeks of selling Prestariang, I never expect it will continue to shoot up. With heavy selling pressure everyday, it turns out that EPF become the saviour and the major shareholders. I always wonder who will manage to absorb those selling pressure.  I believe EPF that has continuous cash flow will push up this counter so that they manage to pay higher dividend to the EPF holders.

On the other side, Supermax is getting higher selling pressure as well. Ever since the boss stand up for PKR, EPF is selling down and stop becoming the major shareholder. I also wonder who are the person who bought those shares since no announcement about who turn up to become major share holders. If it is the retail shareholders, it will be hard for Supermax to maintain its share price since retail shareholders usually hold shorter duration compare those institutions. Since MERS is still around Saudi and infecting more places, I believe glove counters will benefit from this disease although I hope it will not spread since its very deadly.

Less wait and see, the difference between this two counters. It will be interesting to see whether there exist any difference when EPF enter or exit. Today I also bought in CBIP clearing all my cash and I am 100% in stocks again. Although FED always threaten to stop QE, I believe those weak US data will force them to continue or create new move. Macroeconomy factors are always hard to predict so just look at the fundamental of the company and stay with it as long as it earning money.