Friday, October 14, 2005

That Unpredictable Ship - Chuan Hup


Doubtful investors can be rest assured that special dividend of 44 cents per share will be paid - this is reflected in Pg 3 of the company's Annual Report. Don't bother to check the TAs; all indicators are bad. Even ChartNexus's Guppy MMAs are pointing a cross down of SMMAs Vs MMMAs-indicative of short term bearishness. But what is certainly unpredicatble is: "will the share price accelerates in anticipation of the huge dividend plus the special dividend?". This ball game is different and illogical as Emotion and Sentiment come in. Do not expect easy money falls from heaven and want it the way you imagine. When the Queen want to give you, she will. Surely, it will be the time when your patience runs dry and you already throw in the towel,-so to speak. So, remember, PATIENCE is the KEY!!!!

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