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Thursday 26 November 2009

ENRG & Bakrie in analysis

Several days ago, that I expected ENRG would rise at the next day, but it didn't. Well, I'll explain to you :

  1. From the technical view, it might rise after days of declinings.
  2. Unfortunately, the firm did announce the Right Issue of ENRG.
  3. Market is instable
As it's stated in Disclaimer that any faulty or inaccuracy isn't my fault, then it's all you risk if you lose on it. Even I did cut loss at yesterday due to this sudden information. Yet, it's not my favourite actually but it's a speculative one.

Bakrie went down today with average of around 10% totally esp. DEWA which informed the RI & BNBR informed will issue convertible bonds that will affect its subsidiary. Lately, Bakrie's issued a lot of bonds & Right Issued. What's happening to them actually.

UNSP itself yesterday was analyzed by YU (One of IDX Member) that UNSP will drop down to 660 & it might be realized soon due to today it slided down fast to 730 from 790.

Is this the beginning of 2nd crisis this year? We have no idea, what we can do is wait & see.

Happy Trading....^^
Disclaimer ON!!!

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