I would like to sound more positive with my subject matter. If...

I would like to sound more positive with my subject matter. If there is a run, it would have happened last week or week before. So what is so different this week other than some hoping that it will be 2.8 so that they can buy into SBL or top-up.

If you look at the volume today is low, eventhough the depth is unfavourable, it still hit 3.0 today. Mostly shareholders are posturing waiting for ann. If it is a bloody good ann., then the buy/sell ratio will turn in minutes.

Patiences is the key. Some announcement will need to happen either this month or Feb. I believe the low volume is saying that let's hold at reasonable value for the moment i.e. 2.9 or 3.0. Of course those who bought low and selling for profit are slowly becoming a smaller group by the day, as more and more investors buying at 2.9, 3.0, 3.1 etc.

I would like to be more optimistic and say that it will hang around 2.9 to 3.0 until the ann. Ann has to happen either before or during the quarterly reporting which should be due soon.

I wonder who will blink first?


Quantum46
Do your own research.