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2010-07-29

PETDAG Moving Up With Low Vol



















PETDAG become one of my target share since May big dip because this share supported FBM KLCI when needed. I had keep some for long term investment when the price is around RM9.62.

If you analysis the chart this share move like BAT but the price can go up without vol to support. FBM KLCI can supported above 1,340 is thanks to PETDAG. For long term investment this share is good and also as long as government want to support the index even FDI fund is low in Malaysia this share will up.

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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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