Will KLCI continues to rise without turning back anymore?

Slight rebound now. Got to take partial profit first.

Whole Europe in deep red now. It is already a global crisis. I think I must hold on to HM for the time being.

Approaching 1600 already. Now 1603. Very nervous. Can it hold and technical rebound occurs. Now Dow Jones futures -166. Must decide whether to take partial profit or not?????

Yes! FBMKLCI-HM just touch RM0.50 at 2.50 pm (Wednesday). KLCI 1607 now. Can 1600 hold?????

Yes! FBMKLCI-HM just touch RM0.50 at 2.50 pm. KLCI 1607 now. Can 1600 hold?????

Yuan set for another major decline as China devalues for the second day. Dow Jones futures now -110. I think KLCI dropping to 1600 is possible.

If FBMKLCI is 1600, then intrinsic value = (1680 - 1600)/200 = RM0.4.

Dow Jones now -220 at 1:00 am. Crude oil -3.55%. All because of China purposely devalue its currency by 2% against the US dollar.

I checked so far lowest was RM8.29 set on 16.12.2014. Tomorrow I will try to buy some at RM8.20.

Ringgit breaks 4.00. Closed at 4.004628 to 1 UD Dollar.

Don't know whether GKENT, PENTA, LCTH and KESM can stand tomorrows (Wednesday) selling pressure or not. China purposely devalue its currency by 2% against the US dollar to start a currency war. I am all trapped up. So I can't do anything now. Whatever OTB tips give also no use to me now.

anonymouses888: May I know what is your source. Is it Prasarana?

Anyone knows what is the exercise price of the free warrants?

Dow Jones up 180 points. Will this help this stock to have technical rebound? I think it will.

Thanks Rchi.

Rchi, today I managed to buy HW at 0.16. But it seems to be the worst performing put warrant today. What do you think of its immediate next direction?

Why HW only up RM0.05 whereas KLCI drops a massive 27 points?

I am thinking of buying FBMKLCI-HW next Monday at 15.5 sen (100 lots) but I scared I will get trap. But thinking further, the US interest rate rise is a sure thing already. Even if FBMKLCI-HW drops from 15.5 sen, I can still confidently average down. For sure next month it will go up again. Moreover, many put warrants will be expiring in September 2015 (HF, HH, HI, HL & HM) and many traders will switch to FBMKLCI-HW which will only expires in July 2016. It is also the cheapest put warrant around.

I am thinking of buying FBMKLCI-HW next Monday at 15.5 sen (100 lots) but I scared I will get trap. But thinking further, the US interest rate rise is a sure thing already. Even if FBMKLCI-HW drops from 15.5 sen, I can still confidently average down. For sure next month it will go up. Moreover, many put warrants will be expiring in September 2015 and many traders will switch to FBMKLCI-HW which will only expires in July 2016. It is also the cheapest put warrant around.

Finish. Game over.

Finish. Game over.

Tomorrow US job data. If very strong job data, then the global share markets will crash.

Strong support now at 5.51. How about tomorrow and next Monday? Very nervous now.

26,200 units impatiently wanting to sell at RM5.55. Tomorrow should be bearish. Will it go back to RM5.20 before rebounding?

Record low volume 127,600 transacted.

The dividend gap of RM5.82 to RM5.51 should be closed. Then only we can consider the dividend is free.

Thank you Spaghetti for your positive comments. Record high means above six ringgit.

Why CMSB trading volume is so low today (Wednesday)?

林俊松: Do you know the exact date the 1st quarter results to be announced this August?

Please go back to RM5.85 and test RM6 again.

But there is no sell call by OTB to his subscribers.

Thank you very much for your response, Kak Rosmah. Let us wait till August 1st quarter report.

RECALL
spaghetti: More than half of the listing companies don't have cash. Banyak hutang dengan bank. SAM cash rich company. In 3 - 5 years time will became an international company and biggest supplier in Asia for supplying to Boeing and Airbus. Trust me 101% after x this counter will shoot up like orang gila-gila seperti kera kena belacan. If u don't buy now u will regret whole life. Next Q1 report very very good and expect revenue of more than 100 million - net profit of more than 10 million.
Just wait and see. I got insider news lah.
11/07/2015 10:03

Please break the immediate resistance of RM5.75.

Today manage to top up some at 5.64.

Dear Kak Rosmah, I need your advise for the immediate direction of SAM. I went in at an average price of 5.617 today. Fortunately it closed gap up at 5.57 with just 100 units done.

voonyoke: Noted with thanks. Next is the EGM and quarter results. Interesting to see whether it can break RM6.00 or not.

ESCERAM up because of OTB buy call. If no buy call, it will also stay flat.

RM6.00 will be a hard nut to crack. Before Sarawak state election early next year, CMSB have to fight through at least three rounds of US interest hike. Hope that it can stand the pressure. Anyway, if CMSB can break through RM6 next week, it will then be the new support. Next week nothing kacau, but 10.08.2015 got US job report.

But OTB said buy on weakness at RM1.03. Haizzz... Don't care lah.

I am in. I will continue to do strong buy ... I repeat ... strong buy.

twt6pg1: Yes, because he said from reliable source, GKent will get LRT3 project. He recommends a strong buy ... repeat ... a strong buy for GKENT with a target price of around RM2.

Yee Kar Wai: OTB is Mr Ooi Teik Bee (a remisier). We subscribe his blog. George Kent is one of his recommendation. You may email him at tbooifx@gmail.com to ask for further details.

He said from reliable source, GKent will get LRT3 project. He recommends a strong buy ... repeat ... a strong buy for GKENT. That is why you can see the price suddenly shoots up from 1.44 to 1.55 in a verticle line. He also strongly believes it is time for this stock to perform in next few days.

The only problem is he recommends too many stocks until we don't have enough money to buy all and have to be selective. I am also very worried in case GKENT and MRCB do not get the LRT3. No risk, no gain.

AmResearch analyst Mak Hoy Ken reckoned that the award of the PDP contract has to happen soon for construction works on the LRT 3 project to commence later this year.

Earlier reports noted that bids would be submitted this month, with the PDP award to be out in July.

“Of the seven bidders, our view of the MRCB-George Kent JV as a frontrunner remains.

“This is due to the duo’s combined experience in rail works and MRCB’s experience in managing the KL Sentral transport hub.

http://www.investopedia.com/terms/c/cupandhandle.asp

Mr Ooi said a cup and handle formed.

From reliable source, GKent will get LRT3 project. The source recommends a strong buy ... repeat ... a strong buy.

I thought IKHMAS will continue to rise today after its strong performance yesterday. So, I didn't sell yesterday. But instead it fall so badly today. I just hope it will recover.

Please recover IKHMAS.

http://www.thestar.com.my/News/Nation/2015/07/28/Zahid-appointed-DPM/