Fandi, "be greedy when everyone is panic" only qualify to say that when the whole market collaps like end of 2008. Now the market is high and most of the stocks's prices are over value. Even market rebound but it can't sustain for sure. KLCI mid term target may falls to 1500 and worst case is 1300. Mid term could be 2 to 6 months time.

Not a good timing to collect any good stocks now. I rather wait until after election. It is uncertain now. Foreign investors are exiting these 2 days. I already called to exit the market since last week when the KLCI having a bear divergence signal. I already leave the market, good luck guys.

If not supported at 2,06, then the next target is 1.85. Watch out!

This is the end of the story, not only JCY; the whole market is over value.

THH has a good trend like Amedia. See this Wed & Thurs any force selling or not. The daily and weekly chart had formed a rounding bottom and waiting for break out at 0.75 with immediate target of 0.715 and 0.75 cts. Well supported above 0.59. Any good news I dun know but the chart tells everything since 24th APR.

THH has good trend like Amedia, should shoot higher to 0.75 after consolidation

THH good trend like Amedia, should shoot higher to 0.75 after consolidate

Took profit and switch to THHEAVY better

If can't breaks 0.775 then 2nd round selling

This is becos distribution not finish yet and need 2nd push, not far lar.

It may close "RED" today. Firm support at 0.555

So you dun have to regret.

PASUKGB if retract may support at 0.69 then 0.58. Expect profit taking soon.

Yes, if the mother, THHEAVY got support above 0.55

Rickyson, Wait for THHEAVY & THHEAVY-WA to soften down, they still go got room to go higher. Good trend like Amedia

Ricky, too late to go in lar, even if it can goto RM1 the risk reward is no good. Upside reward is 0.235 @0.775 but down side risk is 0.475 if it goes back to 0.30. The fair value is 0.12. New IPO company, no track record yet.

Smart money no longer buy, so it is under pressure now. Be careful

Only the "money maker" know what price to exit all

The 5 mins chart indicates can up some more. You only can hold until it turn. Very high risk to buy at 0.795 now.

Dun be greedy, you will be trapped. It is very much over price.

101, no garantee you will get it, depends on luck lar. If you are bumi, the chances is higher.

It is over price. PER 27.98, Y-Y profit growth inconsistance. The funny thing is I can't find this fund paying any dividend so far. Technically also formed a lower high and low trading volume. Any entry must broke out 2.35 before can be considered. If you wish to invest this closed end fund, you have to prepare to hold for long term.

Newcomer82
Immediate support at 0.455. This support level is previous double bottom. Do not top up if it dips below 0.455. You have to wait for another 4-6 trading days since the volume so huge on 7-9 Aug. Just let the contra kaki to exit 1st.

Buy and keep for life if you don't need money. It can be 10 folds like Digi after 10 years. You can just buy and forget, don't look at it any more. 10 years later open your portfolio again.

Cheer!
Liew

IHH sucks >60% of market capital today, haha, traded value more that traded volume by >100%. So no suprise the big institutes like EPF try to unload others and load IHH for better prospect in future.

The best buy above 1.45 with good market sentiment. Otherwise don't touch. Dow Jones is under correcting phase, may down more even if it rebound tonite. For KLCI the next support is 1620 and 1611. Let see how's it goes this week.

The MNRB Group is involved in the reinsurance, takaful and retakaful business. Its wholly-owned subsidiaries are Malaysian Reinsurance Berhad ("Malaysian Re"), a general reinsurance company; Takaful IKHLAS Sdn. Bhd. , an Islamic insurance provider; MNRB Retakaful Berhad, a general and family retakaful operator and Malaysian Re (Dubai) Ltd, a company incorporated in Dubai, UAE, to underwrite the reinsurance business for Malaysian Re and to service Malaysian Re’s business partners in the Middle East and North African regions. Another subsidiary company is MMIP Services Sdn Bhd, the manager of the Malaysian Motor Insurance Pool, a pool established by the local insurance industry to provide insurance coverage for vehicle owners who have difficulty in obtaining motor insurance coverage.

Must breaks 1.45 before it tests the next resistance 1.60.

This is the link
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1018641

Thanks Limpek, 17% is = 5.6% dividebd yield before tax at current price, not bad. Share price will sustains for a while.

I drawn a support trend line on my chart and found 3.00 is a good support for short term. Once it broke down 3.00, the next support is 2.88. Still call for hold, be patient.....

I invested after it broke up 200 days MA at 2.70. If it broke my support 2.95, I will take profit 1st. Thanks

MNRB just overbought and also cause by global market sentiment. Nothing to alert. This is a good fundamental company. Back to RM2.00 not likely lar. This company is under price:
Fundamental analysis
PER= 5.36
Book ratio only 0.66
Dividend yield 4.85%, good
year to year profit growth 132%
quarter to quarter growth 206%

Technical analysis
Uptrend with volume and OBV up
Immediate support: 2.95
Immediate resistance 3.20
Status: profit taking T+3, low selling volume, positive sign

Major share holders
1. Amanah Saham Bumiputera 49%
2. PNB 11.7%
3. Amanah Saham Malaysia 6.73%
4. Amanah saham wawasan 2020 5.86%

So you won't expect Amanah Saham will to let the share price go down to RM2.00.

I am new here. I saw alot of members here like bro Chong in this forum. I think he must be doing a good job. Chong, Keep it up and share more of your opinions in this forum. A little about myself. I am a technical analyst and have been trading >25 years in local market as well as oversea. I also used to trade local futures such as FKLI and FCPO. However I belive both, fundamental and technical. Fundamental uses to pick the right stocks to buy and technical is uses to pick the right timing to enter or exit. Having both fundamental and technical analysis, I can assure your risk is much more lower than just listen to tips or newspaper. The stock price up or down only have 2 reasons, it either driven by fundamental changed or driven by smart money. Stocks that driven by smart money are higher risk especially the pennies. It can be a real insider news or a fault one. By the time the news got into your ears, the cycle is almost ending. In another word, it is under distribution phase; smart money started to unload theirs shares to the retailers. That's what the retailers always late and got stuck forever. However technical analyst always got in much earlier and take profit during the distribution phase.

Mr Chong, good work! keep it up. Please share more in this blog. Your analysis so far doing well however timing to enter and exit is a concern to the newbies. We also need to add risk reward to their investment. Whether it is capital risk or investment risk, very important to protect the capital and profit. One should take care the capital more than the reward. Once the risk is taking care off, the reward will come. You can't expect to win every trade but try to minimize your losses and maximize your profit. Out of 10 trades I can afford to lose 7 times a little but only 3 trades are making big profit. Once you get in today, you should prepare to lose Max 10% of your investment if the trend againts you. Once you lose >10%, it is better for you to get out 1st. Take for example, Cybert was limit down on 12/7 but you can choose to exit 1st when losses >10% on 12/7. After 7 trading days, Cybert share's price downed from 1.94 to only 0.32 cents. See how serious it is. That's why risk management is much more important in your trading plan. Those already have profit also need to execute the same methodology to protect their profit.

Smartag financially is not doing well since after IPO in early 2011. However technically seem to be better after a bull divegence was confirmed at the end of APR this year. Since then a higher low was formed. Now sideway at higher price between 0.25 to 0.26. I will try my best to participate more if I got time. Will post again.

E&O almost hit my target at 1.58 today. If it hit 1.58-1.60 tomorow, it may consolidates for a few days before it continues to test 1.72 and 1.85 provided the market sentiment still good. The 3 white candles and the MACD above Zero level show that this stock is trending up at the initial stage. On weekly chart, a hidden Bull was confirmed on 25/5/12 and hopefully the bull will be carry on.
Short term trend is slightly bullish
Mid term trend still not yet turn bullish