Industry: Fertility Centre, as well as stem cell banking and stem cell medical therapy in Malaysia and Indonesia through StemTech International Sdn Bhd
Company website: http://www.tmclife.com/
TMC Life (0101.KL) : I am waiting for a breakout and a close above 42 sen.
I am not interested in this counter as I am only interested in good FA stocks. lousy FA will trade short-term only to catch a few pips., but I see something is going on.
0.42 is not a good entry price, .39/.40 is better price. I guess it will take few days or a week to consolidate before boom again. This counter will turn around due to change in their business direction to focus on medical sector. What I see is the volume is too high, might have pull back before it continue to up. Pullback is expected, sometimes pullback won't happen and it just continues it's journey up. 42 sen and 41 sen could be a good support to accumulate more. I have asked around people from the medical industry about the FA of this company. Not so good. But 3 billionaires are inside. They won't let it stuck there. They will pump in businesses. They owned Tropicana medical centre too besides the fertility bisiness. Sime has their own fertility centre too and the bisiness was good when I was covering the hospital then. Even a gynae in Sunway opens his own fertility clinic renting d space from Sunway medical. no good prospect for this field? I don't think so... Many people are unable to bear kids having fertility issues do seek for help. One of the examples are my relatives.
Infertility - then they can help to get you pregnant if you want babies, if impotence - go get viagra / levtira.. do some relaxing exercises and actually there are therapy for impotency - which my ex colleague is currently handling.. but i don't know what it is.. lol..
this counter was my early days play ground that time was around 37 to 30c then up progressively to about 60c , when around 55c my friend told me was belong to Vincent Tan ,I stop .
I remember I did comment at Herman room said about it resistance , now let look at it weekly chart all the support and resistance was shown before it happen , this is just to show the wonder of nature , I m just lucky to found out this secret.
Sunday, July 14, 2013
