John1234

John1234 | Joined since 2014-08-26

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Stock

2016-03-10 12:41 | Report Abuse

Anyway, I know you meant well, just like me. Yes, that was when it was trading at above 20 sen and a lot of chasing. Now, it is at 13 sen. Selling is almost exhausted. Situations are different. I will be very worried if you tell me that directors are still selling at this price. Are they?

Stock

2016-03-10 12:16 | Report Abuse

I will not be surprised to see some of you start chasing high again when operator ramps up share prices in better times(eg when oil prices go up to say US$60 or higher per barrel). That is the crude reality of the stock market.

Stock

2016-03-10 11:34 | Report Abuse

I am not sure to what extent this current price has already factored in all the bad news, given its higher NTA. From now to next quarter is another 2+ months. Market operator will need to correct this oversold situation. So, there could be an oversold bounce for the operator to sell higher when sentiment improves. If we are still less confident of the prospects, then perhaps that is a better time to sell than now.

Just my personal view.

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2016-03-10 10:14 | Report Abuse

At current price, selling dwindles. Based on chart, it is deeply oversold. If not for the generally bad market sentiments, there should be an oversold bounce.

Stock

2016-03-10 09:43 | Report Abuse

Stop imagining all the fear scenarios, if 12.5 sen current support is still not broken. Did you test the market? Do you know what is the average holding cost for the operator? Market is not as simple as we think.

Stock

2016-03-09 12:40 | Report Abuse

TTTHuat, I like your trading style. Very open and jovial.

Stock

2016-03-09 12:28 | Report Abuse

This is a forum meant to exchange views to benefit each other. If the views are backed up with facts, we will gladly listen. But it is just plain guessing, then better keep it to yourself.

Stock

2016-03-09 12:12 | Report Abuse

If we look at the chart, it does not gap down for no reasons. First, on recent poor quarterly result; Second, on share consolidation. Please state facts by telling us why you will think it will gap down to 10 sen.

Stock

2016-03-09 11:49 | Report Abuse

Greed and fear always plague the investors. At 25 sen, people still chase like no tomorrow. But at 13 sen, pp get so fearful. That is why operator always has his days in the market.

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2016-03-09 11:18 | Report Abuse

I believe 13 sen is a good entry point, given its NTA. But this loophole is already plugged by the operator today as penny stocks are in rebound mode today.

Stock

2016-03-08 20:45 | Report Abuse

No, I use my observation. If you monitor the stock movement closely today, you can tell. Theoretically, share consolidation will serve to reduce the market float in terms of no of shares in the market, with a corresponding increase in share price after adjustment. So, investors do not lose out in terms of the aggregate value of shares after adjustment. But investors do not like it as they feel that they have less shares with them. And operator is exploiting on the current bad market sentiment to bring down prices.

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2016-03-08 18:24 | Report Abuse

Market is bad. Got to ride out this period.

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2016-03-08 18:22 | Report Abuse

Market is bad. Operator is pressing it down to collect.

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2016-03-08 17:19 | Report Abuse

A trader does not like "dead cat bounces". They are there to trap pp.

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2016-03-08 16:41 | Report Abuse

I can see that operator is collecting at 13 sen currently.

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2016-03-08 16:26 | Report Abuse

Congrats to TTTHuat. This goreng counter is meant for the traders.

Stock

2016-03-08 14:51 | Report Abuse

During bad times, prices could overshoot on the downside. But when market turns better, prices will readjust upwards. It is during bad times that we can find value buys.

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2016-03-08 14:47 | Report Abuse

During bad times, prices could overshoot on the downside. But when market turns better, prices will readjust upwards. It is during bad times that we can find value buys.

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2016-03-08 14:27 | Report Abuse

The counter was goreng up from 21.5 sen to a high of 32 sen after the cash distribution announcement. Those who have sold at above 30 sen are said to have literally pocketed the 8 sen cash already. No need to shout here and there now.

Stock

2016-03-08 13:07 | Report Abuse

This counter gets punished along with other export-oriented counters(also bad market sentiments) as ringgit gets stronger recently. It presents a good buying opportunity at current price if you still believe in its long term prospects.

Stock

2016-03-08 12:55 | Report Abuse

Based on last quarter's result(a loss though), the NTA per share still stood at 18 sen(an improvement of 2 sen over the same period in 2014).

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2016-03-08 12:41 | Report Abuse

Based on chart, Genetec Technology started to move up in prices from mid August last year, when it was merely 13.5 sen. Now, it is back to 12.5/13 sen. It should present a good buying opportunity if you still believe in its potential.

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2016-03-08 12:19 | Report Abuse

This is good news in the midst of poor market sentiments.

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2016-02-29 18:35 | Report Abuse

Executive Director, Mr Tan Kian Hong, has been acquiring shares at 7 sen in the open market:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5015461

Stock

2016-02-24 21:40 | Report Abuse

Revenue and profit both increased over the same period 2014.

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2015-11-30 20:33 | Report Abuse

Based on last quarter's results, NTA per share improves to 28.86 sen(from 24.55 sen).

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2015-11-30 20:20 | Report Abuse

Hope to see better days ahead...

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2015-11-30 20:11 | Report Abuse

No wonder I notice there has been good support at 52 sen price level of late. Hope to see more price action tomorrow.

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2015-11-30 20:08 | Report Abuse

Last quarter's result shows good improvements in terms of revenue and profits.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4937697

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2015-11-28 12:24 | Report Abuse

To me, this is a shortchanged deal! Par value is reduced by 60%(from 50 sen to 20 sen), but cash distribution is only 40%(8 sen out of 20 sen). If it is an outright cash payout, why tie it with other condition?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4935709

Anyway, a goreng counter can still be goreng up if there is speculative demand for such deals.

Stock

2015-11-25 20:41 | Report Abuse

Every crisis(meltdown) creates an opportunity. This drop is just an opportunity created by the big players to collect cheap and for us to buy low.

Ask yourself...

1. Is the result really that bad to bring about a change of fundamental? Have you lost confidence in the management?
2. Is this a loss making company with no future prospects?
3. Are you playing contra?

If the answers to all the above questions are NO, then stay calm about short term fluctuations. Should the need arise, do $ cost averaging on your holdings every 2 or 3 sens drop, provided of course if you have spare cash with you.

This stock should have greater support at around its 14 sen NTA per share(based on its last quarter's report) level.

Just my personal opinion. Not meant to be a buy or sell call.

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2015-11-22 18:59 | Report Abuse

Of course, its quarterly report would be closely watched too...

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2015-11-22 18:58 | Report Abuse

There could be some play on Bintai on Monday as the announcement of letter of award came after market close...

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2015-11-22 18:50 | Report Abuse

This counter is moving like a snail. EGM is coming on 30 Nov 15. http://www.bursamalaysia.com/market/listed-companies/company-announcements/4919545

See if there is any push up....

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2015-11-22 18:30 | Report Abuse

Well-said, Gohku. It is at best a 'goreng' counter when volume picks up. But even so, there could be false alarms too, like last Friday spike.

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2015-06-18 15:16 | Report Abuse

Not a red horse yet, until we see this forum flooded with people..

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2015-06-17 20:48 | Report Abuse

Tomorrow, we may see more active trading of this counter on account of the listing of the new rights and warrant.

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2015-06-17 20:35 | Report Abuse

Somebody said, "pmcorp gave me a year's supply of Tudor & Kandos chocolates."

Nothing is free. Does it occur to us that the freebis were at the expense of the long term investors? One person's gain is another person's loss(when the share price drops). That is how the market works

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2015-06-17 12:56 | Report Abuse

If it is so easy to guess, no need to work leh. Even in a baccarat game, it is also not easy to guess the correct bet too...

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2015-06-17 11:13 | Report Abuse

In this forum, we get to see the good, the bad and the ugly. Some are real sifus, while some are just trying to act like one.

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2014-12-11 23:46 | Report Abuse

25 sen is the support for now. See if this can hold..

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2014-12-11 23:37 | Report Abuse

Calvin, usually the leader does not get burnt. But the blind followers that do not cut losses suffer the most, out of sheer stocks punting.

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2014-12-11 21:52 | Report Abuse

12 sen is a strong support. It does not seem to break so easily.