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2013-08-06 17:01 | Report Abuse
As stated earlier, i have bought in at 76 today. Chart does seem bearish especially where it broke 77-78 support. I will still keep to my game plan to buy at 72 and 76 level and stoploss at 67. With the recent sovereign downgrade and festive weeks, the current price movement is acceptable and understood. I wish to hold on to redtone until year end before i get stopped out. Good luck all.
2013-08-02 01:19 | Report Abuse
Everyone knows the price of everything but they don't know the value of anything
2013-08-02 00:45 | Report Abuse
I reckon that we can move on to other counters for now while keeping tab on your price target. Immediate trading range remains at 80-85. For since i have taken profit on 50% of my position and earned a better average level, i shall add on to my long position at 76 and 72 with stoploss at 67. We should be hearing good news by year end. I have added georgekent and MAA to my book. Good Luck all
2013-08-01 14:42 | Report Abuse
Just stick to your price target instead of trading it and enrich your stockbroker. Tomorrow we have US job data to watch.
2013-08-01 14:40 | Report Abuse
Fed sees downside risks to economy have diminished, prepared to increase or decrease asset purchases, spending & business investment advanced- but unemployment remains elevated
* Fed vote 11-1, George dissented repeating concerns of future imbalances
* Fed expects inflation to return toward objective over medium-term, recognizes inflation consistently below 2% poses risks to econ performance
* ECB says Troika assessment is Cyprus programme is on track, Troika approval paves way for disbursement of EUR 1.5bn by ESM, EUR 86mn by IMF
* Brazil& 10 other LatAm's abstained from IMF vote to release more funds for Greece, cites risk of default
2013-07-31 21:14 | Report Abuse
willing buyer willing seller, makan cili rasa pedas. everyone has their point of view and differences and that forms The Market. Embrace the commonality, Respect the differences.No one should force their belief or views upon anyone. I must say that this forum is getting overly entertaining
2013-07-31 20:20 | Report Abuse
the recent fitch downgrading worries me. USDMYR has traded higher as money manager is exiting Malaysia Government Securities with 10 year bond traded above 4%. S&P will be in town in Sept 2013 for an economic review.
With this situation, I have reduced 50% of redtone today and look to trade short term 80-85 range with 1st stoploss at 76 and another stoploss at 72. Punters have to be careful, i advise players to have sufficient funds to take up rather than jobbing.
Ultimately i am comfortable with redtone to target but not the market. FOMC tonight, market will scrutinise Mr Ben's statement for any hint of early termination of monetary policy easing measures. Good Luck all
2013-07-25 01:31 | Report Abuse
willing buyer willing seller, no regrets but be responsible for your decision. The up flag formation formed from May31(60sen) to Jul 15(75sen) has been clearly breached upward...Lower lows and higher highs have also supported the recent breakout in past weeks' consolidation range of 77-83 sen...i have bought this counter on a target of 1.00 for immediate term and 1.60 for year end target with stops at 75 and 70sen both are resistance turned support in the flag. For those who wish to punt, please don't bite more than you can chew. Definitely a good stock to keep in my book as both fundamental and technical are sound.
2013-07-04 02:22 | Report Abuse
LB is moving up slowly and surely, little volume but with steady bidders
2013-06-23 21:35 | Report Abuse
kennertham@gmail.com thanks buddy
2013-05-21 01:30 | Report Abuse
I am very bullish on Iskandar and has invested in companies that will be efit from iskandar growth. I currently hold tebrau teguh, daiman development, dijaya, uem and benalec. Good luck to all, may the force be with u
Stock: [MPAY]: MANAGEPAY SYSTEMS BERHAD
2014-08-29 15:13 | Report Abuse
this is the best trick executed ever…. send out buy calls overnight to line up buyers and the next morning…. unload your shareholding at the high. Spectacular madiba