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$CRESNDO (6718.MY)$ Why keep falling? Few other property cou...

Why keep falling? Few other property counters are also falling in tandem...
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  • Tsensei : Whole Malaysia market is mostly like that now, lack of stimulus from budget 2025, but it is said that predicted to have big 5 years plans to be announced coming year,  and many ppl sell and keep cash in pocket while waiting such  US election result which will impact data centre market etc, and few other factors.

    In short, playing it safe is to keep cash, wait and see.
    Risk taker to buy now, since many counter is so cheap now, then wait for recover to earn big

    Depending on your style of playing

  • 102875548 OP Tsensei : oic ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚... sell now, take profit, and ๐Ÿƒโ€โ™‚๏ธ๐Ÿƒโ€โ™‚๏ธ๐Ÿƒโ€โ™‚๏ธ

  • Tsensei 102875548 OP : Usually opportunity is in the bear market if you play your cards right and correct counter , you earn big when recover. Not an accurate example but Then most recent example is during Japanese carry trade black Monday, this counter drop so much, then recovered.
    But if your style is to only riding on bull trend, less earning but safer. Your call

  • 105720095 : for a while only ... look at the data in 2023 in October ... the movement is almost the same after ... dividends

  • 102755608 105720095 : this time drop alot......

  • Tsensei 102755608 : Ya, drop a lot, crocodiles cashed out in preparation for the upcoming uncertain market maybe, but seems like crocodiles buying cheap now according to some TA specialists, they saw some crocodile movements, but when they wanna pump up we donโ€™t know .

    If only this counter alone drop, then there might be a problem, but this is almost nation wide bear market, I have high hopes for Malaysia 2025 big plan , so letโ€™s put some faith on it

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