bad thing abt our bursa is tht it doesn't publish additional info on shortselling transactions. wat a bugger.

if u think abt it, kpj's share price has been climbing since 2009 starting from RM0.58 until last year tht peaked at RM4.85, that's 800% gains within 5 years period. there's not many investment vehicle tht could give this good returns within 5 years.

RSS date RSS value (RM) RSS volume
16/01/2014 344,329.00 99,200
20/01/2014 247,441.00 72,500
21/01/2014 396,717.00 117,700

wow, see tht stats above? institution(s) is/are short-selling even more today. i wonder which institution(s) is/are doing these. perhaps they knew demands are still weak hence keep it snowballing downhill. anyway on monthly chart, kpj almost hit the 40MA line which i think is initial support plus stoch indicates it in extreme oversold territory. if u see the yearly chart, i think it's just fair tht it retraces to the 38.2 fibo line.

me holding n queueing too. i'm curious to see how long these institutions shortsellers will continue the ss. keep an eye on the RSS report later tonite. i knw 1 thing is tht shortselling activities won't last long unless the overall outlook of kpj and m'sia has turned broadly negative on its fundamentals. medical tourism is also doing great. i knew a few european doctors in my circle who migrated into m'sia where they are setting up their new ventures in m'sia for medical tourism.

kpj is in an aggressive expansion mode but when some of its newly built medical centres start to bring in revenues, profits will start to kick in fast also. so u think they are trying to hav their presence in major cities n towns is a good move? of cos capex is high at the moment but if u are a long term investor, this stock sure is a keeper.

does anyone knows tht if a shariah-compliant fund allowed to short-selling a non shariah compliant stock?

18.4

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1520121

can verify it here:
http://www.bursamalaysia.com/misc/system/equity_market_statistics/securities_equities_rss.pdf

found out tht it was shortselling for the past few days but it has thinned out. once institutions stop the shortselling, it should hav a pullback. previous 2 sessions of RSS:

RSS date RSS value (RM) RSS volume
16/01/2014 344,329.00 99,200
20/01/2014 247,441.00 72,500

there were some short-selling of kpj as well last thursday so tht explains it why it was dumped to the ground when there were 2 days off holiday last week

http://www.bursamalaysia.com/misc/system/equity_market_statistics/securities_equities_rss.pdf

kpj shares buyback second time this month and epf buying some...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1519301
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1519317

after today's candlestick formation, it's showing a morning star reversal pattern. tomorrow's candlestick will confirm it... fingers crossed ^^

5 weeks straight down. hope this week to rebound. last week was down steeply could be due to 2 days off holiday so light trading interests.

i think they take advantage of the kpj's court case and drive down the price with short-selling as well so they hav caused many ppl to panic selling coz this is very unusual. for the next few days, u would see them buy up all the panic sellers' queued shares.

also there were short-selling of kpj recently within the last 10 days:

http://www.bursamalaysia.com/misc/system/equity_market_statistics/securities_equities_rss.pdf

tabung haji did these:

Acquired 07/01/2014
993,300

Acquired 08/01/2014
1,000,000

Acquired 09/01/2014
1,000,000

Acquired 10/01/2014
1,000,000

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1518177

need to form a good candlestick next monday to indicates a rebound initiation

hope this wont be like westport lol

sbb is always there buying. not easy to compete with them queueing at lower prices. usually end up raising queue price levels

i've seen some research houses being hypocrites, they initiate a sell call then few days/weeks later they change to buy call.

i believe many ppl bought kpj during the recent selldown. expecting some asset injection throughout this year. some news to share:

http://www.thesundaily.my/news/927387

it has topped out already. should buyback at lower price levels not current price level

it's back on the trendlines, good progress ^^

if those sellers at 3.51 are cleared, tht only requires abt under rm300k which is not much for a serious trader at this point, it can move on upward

ignore the research houses, they don't get it right all the time. now valuation of KPJ is appealing compared to IHH and expecting assets injection to lower its price to BV further which will make it more attractive to collect. this selldown is way overdone at this point.

yes at lowest... sapu loads of it. It will rebound, trust me. Seen it hundreds of time

excited with this rebound. i'm specialized in rebound-type of trade

the selldown is too overdone already

expecting a rebound already... not this time to go below 3.00 ^^

i hope crude oil price won't plunge this year otherwise all o&g counters are in trouble. most o&g counters' prices hav almost peaked until now so be cautious with ur money

he's gone nuts lol

volume is thin, will help sapu at last hour ^^

i believe many traders are off today coz tomorrow is also public holiday

its PE is below 20 already nw, will see if institutions to snap up all the panic sellers

this shares dumping will jus make its PE lower hence more attractive

wtf court case again http://www.bursamalaysia.com/market/listed-companies/company-announcements/1514409

better jump to counters in the trad/services sector

perdana is now in extreme overbought territory, it will drop like shit slowly from now on. not good to buy now anymore. crude oil wti price has topped. u guys will see this later

i am still hungry for more...

sell this fatty and buyback at lower

wonder who dump the shares

IHH PE: 52.7
KPJ PE: 20.4

MA line is at 3.77 so hope to see support buildup there

all time record high....

woohoo.... my investment booming

giv me a chance lar lol

this sbb queue, queue, queue and queue.........

usually 6 ticks range the max

thx for sharing smartly :)

this rebound situation is similar to POS m'sia

touched 8.83 and i hope it retrace then buy more ^^

L.C.Chong, i'm seeing the projected support at around 9.70-9.74 based on weekly chart. perhaps weekly chart provides a better technical outlook & projection?