Axis already bottom

Axis Incorporated Bhd a garment manufacturer swung from a net profit of RM16.1m to net loss of RM68.4m for its FY2008 ended March 31. This had cause Axis share price drop from RM 2.00 to RM 0.23 on 10 Nov 2008. The lowest Axis had hits is RM 0.085

However, this few day the vol for Axis is vary vary high. The 2Q result is about to come out end of this month. One thing good to buy in this share is all the vary bad news is out and now only left good news to roll out because it is on the bottom already any down side will be unlikely.

A 1,000 unit share only cost RM230 and if Axis up again to RM 0.3 you will earn 30% in profit.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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