Peaceful,

Waiting for it rebound strongly on monday after formation hammer.
The TP still RM4.73 based on PE 12 and RM 6 based on PE 15

Star8888, u are totally wrong.
Actual is formation hammer for reversal downtrend.
Will test RM4.10 to 4.20 next week if no war

Fair value is RM4.40.
Today is formation hammer for reversal on downtrend.
I will keep and bottom fishing some stock as per below:

JHM
PENTA
MMSV
NOTION
AJIYA WA

TP is 40sen in two month from now.

TP is 44sen.
Hehe

Fuyoh, I can c seller who TP is well absorbed with new batch of player which foreseen the potential on Gkent.
Strong support at 4.22.
Once it clear all the profit taking, Gkent will start to take off.

Based on chart, Gkent may test the price as per below:

4.46 >> 4.78 >> 5.32 (200%) >> 6.17 >> 7.55 >> 8.40 (424%)

Can c the screen, now the buyers pilling.
Hooray, as more people discover it is deeply undervalue.
Ride with momentum as now us future reverse from low
Cheers!!!

Wait it boom after lunch time.
I have digested enough and this is really deeply undervalue.
Share split and 6.2bil is the main catalyst.
U can c example ekovest after share split increase 100% in one month.
Yeah i joining in.
All in

Congratulation Wealtwizard and Moneysifu for discovering this gem.
I will join the boat before it late.
Bear in mind the TP is not included the other future project and share split to increase the momentum buying

Dear Wealthwizard,

This really a gem and deeply undervalued.
I m really respect you as your recent article have bring good profit to all your followers:
1st Article : Mycron from 50sen to RM1.20
2nd Article : Ekovest from RM1.90 to RM3++
3rd Article : Cab from RM1.68 to RM2.65 within 2 week
4th Article : Gkent from RM4.35 to ????

Its really deeply undervalue.
I all in into Gkent before too late

CHELSEA

Thank you very much to Wealthwizard and Moneysifu.
Appreciate your sharing and recommendation.
I would like to express million thanks for your recommendation.
I will share my top pick later by this weekend.
Lets earn together

Why MMSV is good buy?
1)MMSV is still laggard behind close competitor Penta and Elsoft with high ROE 26.8%, profit margin 23.6%
2)MMS is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. Evolusys is involved in the software development. All stocks related to LED up more than 100% such JHM, D&O, Comcorp, IQ Group and Success
3)Group will benefit from exchange gain due to its export driven based advantage (1USD = 4.40MYR average from October 16 to February17)
Remarks : Penta, Elsoft and MMSV start rise on mid July 2016 after USD rebound from the bottomline
4)Coming Q1 2017 will be booming due to reason as per below:
a)MMSV MD TK.Sia said the company has secured about 9mil with worth of orders for test equipment for the first Quarter 2017 . This is not include revenue from ligthing sector (15%) + semicon (15%). Thats mean the coming quarter is confirmed higher than 9mil and this exceeded the revenue last two quarter which is 4.8mil and 6.8mil
b)MD TK Sia hint that the earning for the coming 1st half is AT LEAST 20% higher than last year
c)Based on my calculation, the coming quarter EPS is ranging from 2.3 to 2.6.
Taking mid point EPS 2.4 will generate annualized EPS 9.6

TP based on PE15 (Average between Elsoft and Penta)
9.6 x 15 = RM 1.44

My projection TP as per below:

1st : RM 1.16
2nd : RM 1.44
3rd : RM 1.80 (After transfer to main board on 2 H 2017

Please bear in mind the main catalyst in MAIN BOARD.

CHELSEA

Hi Kino Kow, you need to look at part 3 from sifu wealthwizard to determine whether there is a room for upside. Always remember buy low sell high.

marubozu is full candle which show strong momentum or bull chart.

Recent all semicon stock rise tremendously.
Now is the last chance to grab eg.
Why eg is best buy?
1)The most laggard semicon stock which hovering from lowest 0.43 and highest 0.675 in this 52 week
2)NTA 1.24 (upside potential 37%)
3)Profit margin increase from 1% to 3% after change ems to box build
4)Uptrend of profit and eps
Taking the average from the latest 2 quarter, the EPS is 3.5
Annualized EPS is 3.5 X 4 X 10 (very conservative PE at 10) will generate TP RM1.40 (upside potential 55%)for mother share
generate TP RM0.80 for EG WC based on same percentage.
5)Target price by UOB is RM1.19 and RM1.56 from ICON8888
6)EG-WC will start fly if mother cross the resistance 93.5sen
7)EG-WC have been cover by sifu as per below
a)Moneysifu
b)Venfx
c)Icon8888
Please consider all the positive point before you invest.
Will shine in year 2017

CHELSEA

Thank you fabulous sifu wealthwizard and moneysifu for this good recommendation.
Appreciate a lot.
Hi money sifu, heard that u buying eg wc?

Take your valuable time. Today is good closing altough T+3.
With second part, we pretty sure can meet rm2.20 by next week.
Thank you sifu ww for recommending this gem

Thank you very much for chl1989 and hitrun. The true hero who recommend this stock. For me , this really a gem. It may become second penta and elsoft due to nature of business is same. Yesterday closing is a good example, investor are rush in to buy although the market is weak. Rebound from low 84.5sen and end high 90.5sen. It break the all high for mmsv.
Forseen i would target the next quarter is range eps 2.5 to 3.
It take the minimun eps 2.5 (annualized pe is 10) and mutipily the average pe between elosft and penta around 1.30
The first target price is rm1.30 (upside potential of 44.44%)
This is not taking account listing in main board in 2H

Congratulation wealthwizard .Very fabulous write up on cab. This reli a hidden gem and you able to found in. I think investor will look into cab seriously since you have a very good reputation in mycron and ekovest. Salute you as pure investor.

Leng 1234 , ur news are so accurate.
Can i have ur email?
When the contract with air asia?
What is the value?

Tp 2.80 is coming. Hope my prediction trend is accurate

Posted by Chelsea > Jan 5, 2017 11:02 AM | Report Abuse X
Look at previous trend stay stagnant from 1.4 to 1.5 for 2 months after quarter announce before increase by 80 to rm 2.20.
What i c the current posistion may repeat the previous history. Stagnant 2 month from Nov to Jan before increase 80sen to RM2.80
Just a small prediction. Good Luck.
Break out at RM2.24 is critical point.


RM2.80 is coming.
Fuyoh

With strong candlestick marubozu and formation cup and handle, tml will head to north.
I guess madiba and bullbear777 will appear and shouting.
Last time Madiba give TP at Rm1.30 with this corparate exercise.
Remember below 23 sen stilla attractive price.

vyone chia acquire big percentage at 0.23.
Below 23sen is good entry.

Look at previous trend stay stagnant from 1.4 to 1.5 for 2 months after quarter announce before increase by 80 to rm 2.20.
What i c the current posistion may repeat the previous history. Stagnant 2 month from Nov to Jan before increase 80sen to RM2.80
Just a small prediction. Good Luck.
Break out at RM2.24 is critical point.

Just sharing. From the technical chart, cscsteel form a inverted hammer yesterday and it showed the worst and downtrent is over. This rebound is real. another 2 weeks to go before QR.

But lextcs, but previous quarter only 2.77 why u say cant beat?

Hi moneysifu, i just roughly get the figure from the graph. But the most important it break 1000 spread which is good for crc players.
Hope to break the r2 rm2.24 from kenanga. Just my small estimation, when it reach peak it will retreat 10 to 15sen and then rise back to 30 sen.
At 2.08 i guess it will rise to 2.38 before quarter result.
Just a small estimation.

CRAZY. CRC break record intraday increase (2.4%) from 3817 to 3910.
CRAZY. Spread break highest with 1000 between CRC (3910) and HRC (2910)

CRAZY. CRC break record intraday increase (2.4%) from 3817 to 3910.
CRAZY. Spread break highest with 1000 between CRC (3910) and HRC (2910)
Anxious to wait the coming quarter result. I m quite confident will more than 8.

Damn idiot is calvin. Rubbish article

Good information. Thank you mbs7633

Good closing. Today CRC price actualy rebound from the lowest 2950rmb 23 June to 3814rmb 28 Oct by 29%.
This will affect the coming quarter report ended 30 September and next quarter report ended 31 December.
3 weeks to go for quarter report

The drop may slightly affected to the similar stock that kyy own such as gadang and misleading of pn17 of kinsteel.
They may forget the trend of crc and the spread. Looking forward to the quarter report as there are too many postive factor.

Estimate eps more 8.
Hope my prediction is accurate

Welldone wealthwizard with concrete and precise analysis.
Looking forward your next article

Hi good investor, previous i own ratio cscsteel : myron at 40% : 60%
And now is 60% : 40%
Try to buy more myron today.
Happy invest

Probability, the spread incr3ase from 457 june to 880 up to today by almost 100%
So the x should be 100%????

Chelsea Lastest update (Rough estimation from graph)
CRC 3710 rmb (RM2300 based on conversion 0.620)
HRC 2830 rmb (RM1755 based on conversion 0.620)
Spread 880 (Break record)
RM2300 (Break record)

Thumbs up for Cscsteel and Mycron

Lastest update (Rough estimation from graph)
CRC 3710 rmb (RM2300 based on conversion 0.620)
HRC 2830 rmb (RM1755 based on conversion 0.620)
Spread 880 (Break record)
RM2300 (Break record)

Thumbs up for Cscsteel and Mycron

Lastest update (Rough estimation from graph)
CRC 3710 rmb (RM2300 based on conversion 0.620)
HRC 2830 rmb (RM1755 based on conversion 0.620)
Spread 880 (Break record)
RM2300 (Break record)

Thumbs up for Cscsteel and Mycron

Fuyoh. Steel on uptrend . thank you wealthwizard

For your information the price update from http://www.sunsirs.com/uk/prodetail-318.html is always late one or two day.
To get the fastest update, please get the value from the graph http://www.sunsirs.com/uk/prodetail-318.html
Latest hrc is 2820 and crc is 3670 (approximate value from the graph)
Spread increase to 850

Hi louis lim . Believe the annualized eps will hit at least 30 at quarter ended 30 march 2017 once it replenished the low eps on last year quarter ended 30 march 2016. If the otb pe is true, then the price will shoot above 4
Please bear in mind cscsteel hvnt issue bonus issue so far

Without all sifu like moneysifu, probability, wealthwizard, smartrader2020, otb and kyy, i not able to come out this article. The most important is sharing and earning together.

Hi Moneysifu, i obtained the CRC price since 2014 from article shared by wealthwizard part 3. It stated the source analysis from mycron's annual report.

Price of CRC & competition among CRC producers in Malaysia
Table 3: Average CRC Selling Price in Malaysia

TABLE HERE (I CANT PASTE)


Source: Analysis from Mycron's Annual Reports


Explanation:
As refer to Table 1, price of China CRC has been increased from RM1,825 (3/7/2016) to RM2,138 (10/9/2016), an increase of RM313 (using conversion rate of RM1 = RMB1.63)

For quarter ended 30/6/2016, the average CRC price in Malaysia was estimated at RM2,059.

Currently, CRC products was said to have transacted at range of RM2,150 - RM2,200, due to

Hi moneysifu,
Actually i get the CRC price from the link u send and then convert the RMB to MYR based on the exchange rate on that day.

Good closing altough other steel stock in profit taking.
At least break 1st resistance 2.10
Waiting to break 2nd resistance 2.25

Thank you all the sifu and sifu otb.
One question want to verify does higher usd will affect thier sales and profit?

Welcome moneysifu. I only can paste the graph yest coz my company have blocked the access. Daty i have limitation time to paste the graph with latest crc price. Fuyoh crc 3621rmb equal to rm2280.
I believe crc will ramp up their ulitisation (current 64.5%) as the price crc now is attractive.

Moneysifu hope it break the second resistance 2.25
Bear in mind pressmetal front runner pe now is 18.