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2017-10-17 12:19 | Report Abuse
The price support at 0.945 reached on 5 Oct 2015 was breached today.If the bearish tone continues expect the stock price to hover lower to the next price support at 0.52 reached on 8 June 2015.Hopefully the coming 3QR will be reasonably good to lend support to the stock price.Just to share from the Technical Price Charts.Such analysis can give useful guidance to the investors whether to Buy,Sell or Hold.Good luck and be a smart investor.
2017-10-17 11:49 | Report Abuse
Technical Analysis:
1. Bursa Index- from the charts the Bursa Index is still caught on bearish mode even though other global's equity markets have been up for the last one week.
2.If today price breached 1.63 reached on 6 August 2015 then it will trend lower and finds price support at 1.58 reached on 22 Feb 2016.
Presently, the Technical Price Charts-MA,MACD,RSI,stochastic show the stock in the bearish mode.
Just to share basing on technical analysis.
2017-10-16 19:20 | Report Abuse
@meistask3134 quite optimistic that this time the stock is on the road to recovery provided the uptrend is not derailed by adverse geo-political event coming out from North East Asia.
2.Today the uptick in price and trading volumes are positive.
3.All the Technical Price Charts-MA,MACD,RSI and stochastic are supportive for further price uptrend.
4.Hopefully the trading volumes can perk up during this week until Budget Day on 27 October 2017.
Cheers:-)))
2017-10-15 17:43 | Report Abuse
Read the news update- https://www.bloomberg.com/news/articles/2017-10-15/n-korea-seen-ready-...
2017-10-15 17:42 | Report Abuse
2017-10-14 17:49 | Report Abuse
@sitia do read my earlier post on 12 October 2017 on the same matter on hands.
Take care.Have a restful weekend:-(((
2017-10-14 17:47 | Report Abuse
1.This latest capital raising by the company will not be positive for the stock which is presently caught in the bearish mode.The present equity market condition is not supportive of such initiative by the company.
2.Similarly example can be made with MRCB when it made the right issue announcement.Its share price was immediately beaten down from 1.78 to the low of 1.13 before the ex-date.After the ex-date the price has been hovering at 0.935 cents level for awhile.
3.Why can't the company think of other ways to raise the capital needed? Why not call for Private Placement Exercise (PP) that can be subscribed by the major institutional shareholders or through the issuance of long-term bond.Maybe the investors will receive such proposal in a more positive light.
4.Additionally,basing on the Technical Price Indicators expect probably the stock price will trend lower next week because the buying support is weak since the beginning of last month circa September 2017.
The Moving Averages(MA) and RSI are not positive even though MACD showed an upward trend but the buying volumes had been low for almost a month- not supportive of the price.
Outcome- Such exercise is not positive for the stock and expect the price to trend lower towards the ex-date.Just to share on my analysis.It is not a recommendation to Buy,Sell or Hold.The money is yoursand the decision is yours to make.Good luck:-(((
2017-10-14 17:01 | Report Abuse
Read the latest news on North East Asia.Source- http://www.straitstimes.com/asia/east-asia/north-korea-readies-missile...
2017-10-14 17:01 | Report Abuse
Read the latest news on North East Asia.Source- http://www.straitstimes.com/asia/east-asia/north-korea-readies-missile...
2017-10-14 17:00 | Report Abuse
Read the latest news on North East Asia.Source- http://www.straitstimes.com/asia/east-asia/north-korea-readies-missile-launch-ahead-of-us-south-korea-drill-media
2017-10-13 19:33 | Report Abuse
Technical Indicators:
1.Bursa Index- still bearish even though today's trading volume is better than the last four days.Other major global equity indexes have been up for the major part of this week except Bursa???
2.AMMB analysis
A. Today the stock closed at quite a decent price.Up 5cents from yesterday closing.
B.All the Technical Price Indicators- Moving Averages(MA), Moving Average Convergence Divergence(MACD),Relative Strength Index(RSI),stochastic are all in the positive and supportive of the price.
C.The MACD line is still above the signal line showing upward trend with good buying momentum.
D.The RSI is still in the neutral zone and stochastic is positive.
Outcome: Barring sudden geo-political development in North East Asia involving renewed antagonism between Kin and Trump and North Korea did not test-fire an array of short-range rockets the stock price should be well supported and the momentum for uptrend is still intact.
Hopefully the price at 4.50 can be breached during next trading days with the national Budget 2018 set to be announced on 27 October 2017.Don't disappoint the holders and buyers of the stocks:-)))
2017-10-12 14:01 | Report Abuse
@edward123 have a speedy and good recovery.Take care.
2017-10-12 13:58 | Report Abuse
@traderman somewhat agreed with you by looking at reviewing through the Technical Price Charts' Indicators.Presently,the stock is caught in the overbought situation.The Relative Strength Index(RSI)reading and trending is above the neutral zone.The price will move within a narrow range unless the stock price perked up.Even though other Technical Indicators like MA,MACD are supportive.Today volume on the low and similar for the past two days.
2.Watch out for the geo-political event in North East Asia where it was reported that North Korea may be test firing short range rockets next week on 18 October 2017 or later of the week as news media reported.
Outcome: Expect the stock price to be not bullish unless volume gapped up and North Korea stops all the sabre-rattling with Trump,USA:-(((
2017-10-12 11:24 | Report Abuse
Technical Analysis:
1.Bursa KL
Is presently caught in the bearish mode even though other global equity markets are up for the most part of this trading week.
2.On Alcom
Presently the stock is overbought and UNLESS the trading volumes perked up the price will move within the narrow range.Today volume is a dissappointment!Even though other Technical Indicators like MA and MACD are positive.
and supportive of the price moves.
OUTCOME: Next week may witness the firing of short range rockets by North Korea as a show of force during the convening of the twice 5years annual congress of Communist China Party(CCP).If that happens another geo-political shock which will hurt the global market sentiments.
The risks will be higher this round because of worsening antagonism between Trump and Kim.
Stay tuned for next week development:-(((
2017-10-05 12:07 | Report Abuse
@SUPERSUN yeah agreed.I had offload all my holdings on the stock.
2.This company has poor Investor Relationship(IR) and takes investors for granted.
3.Can make one wonder,good QR but the stock price keeps dropping.
4.Better for such company to be delisted from Bursa or privatised.
5.Avoid any such stock related to OSK for goodness sake:-(((
2017-10-03 17:24 | Report Abuse
Good closing today.The buying rate for the stock is more than the sellers.Tomorrow probably the stock price will trend higher.Cheers for a better day:-)))
2017-10-03 15:56 | Report Abuse
Presently,the stock is very bearish.All the key Technical Price Charts - MA,MACD,RSI,stochastic do not support any reversal of the price towards the uptrend/upside.
Expects the stock price to be weak.No immediate impetus or good corporate news to support and move the price.
Just to share.
2017-10-03 15:45 | Report Abuse
1.Basing on the Technical Price Charts-MA,MACD,RSI,stochastic do not presently support any reversal in the price towards the uptrend.To be honest presently bearish.Will continue for awhile.
2.Past news on project awards did not move the price unlike other construction stocks!
3.Even though the fundamentals for the company is still intact,there is no market mover news from the company that can move and support the stock price.
Key Price Indicators can assist on win decision making.Whether to Buy,Sell or hold.
Just to share.Good luck.
2017-10-03 15:11 | Report Abuse
Key Price Indicator Charts- MA,MACD,RSI,Stochastic are presently not supportive of the stock price.Today it has breached the support price 1.42 reached on 28 November 2016.Possibly,will trend lower before the support kicked in.
Those charts can assist in making decision or market calls-Buy,Sell or Hold.Just to share.
2017-10-03 13:43 | Report Abuse
@SYZZ is the token gift of appreciation given out to all eligible shareholders or their proxies,nominees who register and attend the company AGM.
2.Can be in the form of KFC,White-town Coffee vouchers.Aji-No-Moto for example will issued out to all attendees the company products.The amount and quantities given out are in the value ranging from RM 30- RM 200.
3.Air Asia will give out free air travel ticket overseas.
4.Try attending on of such AGM to gather some good experience.In addition some companies like ICON,Astro,Air Asia,etc provide morning breakfast.Others like Malakoff also provide lunch pack.
Hope that explained.Smart investing:-)))
2017-10-03 13:35 | Report Abuse
@thedge do look beyond the price market price for this stock.Avoid making generalisation on the company.Comments however divergent from what the majority believe have to be based on supported fact and analysis.
2.If this company is no good why the accumulation of large number of shares jointly by Morgan Stanley and MUFG?.Such renowned institutional investors would not be throwing good money buying such company and making large losses from their decision in the end.They must have seen the potential gem and locked up value in the company after they have undertaken the due diligence analysis on the company's profile.
3.Maybe the company has large undervalued assets which can be monetised to reward the shareholders and stakeholders? Or there is some plan to revamp and restructure the company's operation to make the company more competitive in the digital media ecosystem?
4.Be patient and hold on to what you have bought and stay tuned to the development.
5.The counter is just recovering from the low low reached last month and hopefully can touch above RM 1.00 in the coming days...
Outcome: This company is very strategic and gomen will certainly plan for some corporate exercise to put it on stronger footing:-)))
2017-10-03 12:42 | Report Abuse
Repost the updated news which is good news for the local banking industry.Hopefully,AMMB can play catch up on its stock price with its peers.
2.Presently,ALL the key Technical Indicators are supportive of the trend and momentum moves for the stock price.Does not foresee any adverse global news that can upset or derail its price to advance further.Put on the road to recovery:-)))
Read from source- http://www.thestar.com.my/business/business-news/2017/09/28/bank-negara-to-implement-nsfr-no-earlier-than-jan-1-2019/
Good news for all the local banks trying to raise enough funds for Basel3. Now postponed a year from 1/1/2018 to earliest of 1/1/2019. Downside is they won't offer such good FD rates to raise funds for now.
2017-10-02 18:09 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
MEDIA PRIMA BERHAD
Particulars of substantial Securities Holder
Name MORGAN STANLEY & CO. LLC
Address 1585 BROADWAY, NEW YORK, NY 10036
United States.
Company No. NIL
Nationality/Country of incorporation United States
Descriptions (Class) ORDINARY SHARES
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 28 Sep 2017
1,350,000
Acquired Direct Interest
Name of registered holder MORGAN STANLEY & CO. INTERNATIONAL PLC
Address of registered holder 25 CABOT SQUARE, CANARY WHARF, LONDON E14 4QA, UNITED KINGDOM
Description of "Others" Type of Transaction
2 28 Sep 2017
1,350,000
Acquired Indirect Interest
Name of registered holder MITSUBISHI UFJ FINANCIAL GROUP, INC (MUFG)
Address of registered holder 7-1, MARUNOUCHI 2-CHOME, CHIYODA-KU, TOKYO, 100-8330, JAPAN
Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred ACQUISITION OF 1,350,000 SHARES BY MORGAN STANLEY GROUP
Nature of interest Direct Interest
Direct (units) 93,457,300
Direct (%) 8.426
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 93,457,300
Date of notice 02 Oct 2017
Date notice received by Listed Issuer 02 Oct 2017
2017-10-02 18:00 | Report Abuse
@IlmuKhodam MG is jointly acquiring the shares with Mitsubishi United Financial Group(MUFG),one of the top and largest financial conglomerates from Japan.Something big and eventful must be in the offing???
2017-10-02 10:33 | Report Abuse
Hopefully the trading volumes will gap or perk up today.Then the trend and momentum moves will be sustained and the price moves higher:-)))
2017-09-29 16:09 | Report Abuse
Technical Charts observations:
1.SMA is positive and on ascending curve upwards gradually.
2.MACD histogram is expanding.
3.Stock is presently overbought and hopefully trading volumes can perked or picked up to sustain the momentum.
4.Sotchaistic indicator is still above the Signal line showing good trend and momentum moves.
5.All the important charts show bullish signal is still intact.
Outcome: Hopefully,the price can gap up before the closing or by next week.
2017-09-28 15:08 | Report Abuse
Top up.Hopefully the trading volumes can be high before closing.
2017-09-28 12:48 | Report Abuse
Before lunch break the stock price has been down by 3 cents...what a disappointment.As compared to early morning session seemed to be so positive.
2017-09-28 12:45 | Report Abuse
Before mid-break the trading volumes were low as compared to the past few days...
2017-09-28 12:44 | Report Abuse
No effect with Azhar buying FGV shares from the BURSA market.Small amount as compared to the available shares in the market for FGV.He had done that before for Malakoff and yet the stock price came down!.
2.End of the day,it is the company fundamentals- financial results,DY,Return of Equity(ROE),good corporate governance,great business growth,etc that will determine and support the stock price.
3.Positive and strong sentiments have not returned yet for the FGV share price.
4.Waiitng for GE-14 announcement...yeah:-(((
5.Laggard stock- big plantation upstream assets but meagre growth in earnings:-(((
Outcome: The company strength is as good as those people helming the BODs and top management in FGV.Hoping for big and positive change but so far utter disappointment.Bogged down by old legacy issues which have yet to be remedied,resolved, and mitigated.
2017-09-28 11:36 | Report Abuse
Hopefully the trading volume today will perk up to support the bullishness of the price trend and momentum.Cheers;-)))
2017-09-28 11:31 | Report Abuse
Technical Charts readings:
1.Today trading session the stock price has breached the support level at 1.60 reached on 6 August 2017.
2.The stock will trend down and test the next support level at 1.48 reached on 18 August 2017.If that is also breached the stock will trend further down.
Just to share.To Buy,Sell or Hold is your decision- not mine.Cheers;-)))
2017-09-28 11:05 | Report Abuse
Technical Charts' readings:
1.Today price candlestick is above the MA20(Long Moving Average-LMA) line.
2.But the Short term MA-MA10 (blue) line is still trending below the LMA20 line.Their difference is only about 0.0125 which is getting narrower.
3.Other chart readings line MACD,stochastic(14,14,3,3) are above the Signal Line signalling positive trend and price momentum support.
4.RSI shows the stock is above the neutral zone.
5.Hopefully,trading volume today and tomorrow perk or gap up.Then the bullishness for the stock can be discerned.
Outcome: Wait to see whether today or tmrw a "Golden Cross" crossing can be achieved- when the SMA breached above the LMA line and ascend nicely upwards.Morning session the price has breached the 1.28 level before settling back at 1.27.
2017-09-27 19:04 | Report Abuse
Read the news on MS from NST news today- https://www.nst.com.my/business/2017/09/284527/morgan-stanley-raises-stake-media-prima
2017-09-27 17:03 | Report Abuse
@sitia possibly those brokers working for the IBs who are facing their trading desktops every hour and day.They are doing this to earn some meagre return at the expense of the wider interest of the general investing community.
2.If you don't believe me just pay a visit to them and you can observe the trading action by them.
2017-09-27 16:44 | Report Abuse
Correction to my earlier post:
The current price at 1.26 has not breached the price resistance level yet at 1.28.Too excited and lead astray when keying my comment.
My apology:-)))
2017-09-27 16:38 | Report Abuse
The difference between the Short Term Moving Average(SMA10) - blue line and the Long Term MA(LMA 50) is just about 0.020.Hopefully,the strong price momentum is maintained going forward barring any adverse geo-political event emanating from North East Asia(between NK and USA).
2017-09-27 16:34 | Report Abuse
Now up by 9 cents and the price resistance level has just been breached...
2017-09-27 16:32 | Report Abuse
@Squirtle thanks but I am not a Sinaklan but a genuine and careful investor like many of you.
2.Just sharing my views and thought.If not useful just ignore my posting.Technical Charts readings can help the investors whether to Buy,Sell or Hold to optimise on their capital returns.
3.I did not delete and repost.Maybe it is due to some Technical issues beyond my control.
4.You can check on my other comments at AMMB,FGV,GKent,Alcom,OSKVI,YSPSAH and many others.
5.Toegther we hope to make some reasonable capital gains from the equity market.
Cheers:-)))
2017-09-27 16:24 | Report Abuse
The stock is trying to breach the resistance level at 1.28 reached on 7 September 2017.Once that is breached expect the bullishness of the stock to stay positive.Hopefully,today is the start of the upsurge.Cheers:-)))
2017-09-27 16:17 | Report Abuse
1.Today price ascent -up by 6cents, gives glimmer of positive hope to the holders of the stock.
2.The Relative Strength Index(RSI) is giving an early signal to buy and collect.
3.On the MACD chart the positive histogram supports the present trend and price support momentum.
4.The Short-term Moving Average(SMA)-blue line is slowly closing on the LMA.The difference between them is minimal and can be easily breach for the positive price trend to continue.
5.Hopefully,the trading volumes will perk up in the coming days.
Outcome: Probably we can continue to witness the price ascent in the next two trading days or next week.Such Technical readings can guide the investors to Buy,Sell or Hold.Cheers:-)))
2017-09-27 16:10 | Report Abuse
The bullish trend for the stock price is still intact even though on lower trading volumes today.
2.The candlestick today is still above the Bollinger line and SMA(10)-blue line is on the ascend trend.
3.The MACD,RSI and stochastic (14,14,3,3) support the trend and price momentum move.The MACD and RSI both are above the Signal Line.
4.Hopefully when the volume perked up the price will ascend further from the current level.
5.Quite optimistic that the price will continue the ascent upwards in the short term.
Outcome: No worry,stay tuned.The Technical Price Charts can guide the investors to Buy,Sell or Hold onto the stocks to optimise on the capital return.:-)))
2017-09-27 15:54 | Report Abuse
1.Previously under the former company owner(conglomerate) who later sold out all the equity to FGV and related party the MSM share has been in the doldrums.
2.To be in the essential commodity like sugar the owner or company needs to know and master the trading and the whole process of sugar manufacturing inside out.Sugar is subjected to the vagaries and volatile price upheavals from the market forces!.
Under this previous owner they can make the company MSM performs year after year even with sugar as the controlled essential commodity for the public and citizens.
3.Sugar presently has been removed as a controlled item and yet the company MSM cannot make good profits and demonstrate commendable Return of Equity(ROE).
4.What that tells you???
5.Even as a GLC related entity.
Outcome: Good and top performance company is as the result of the proven quality,capability,expertise and skills of the top management in managing the company.Mediocre management,produces mediocre result.That is the basic fundamental:-(((
2017-09-26 17:59 | Report Abuse
Basing on the similar trend and momentum moves for the stock it will probably trend higher from today closing.Trading volume is at the year high.All supported and based on the Technical Price Charts- SMA,MACD,RSI and stochastic which still remain intact.
2.The Technical Price Charts can give useful guidance to the investors or punters to Buy,Sell or Hold.
Cheers:-)))
2017-09-26 13:31 | Report Abuse
The poor reception to the latest iPhone roll-out launch has a big negative impact on the Nasdaq and DJIA stock indices.
2.The adverse impact can also be seen in the number of companies in Taiwan that are big suppliers to Apple Inc.
3.In Malaysia,apart from Inari ,Unisem was similarly affected.Similarly for those companies who are dealing with such products and services through intermediary companies for Apple Inc.
4.Consolidation on the stock price for such semi-conductor companies will continue for awhile before it stabilises.
5.EPF and other local institutional funds-KWAP,Tabung Haji,etc who are big buyers in Bursa will invest or trade in share counters that they have big exposure to.Unlike other overseas funds which normally buy and hold for a longer time period.
Outcome: Consolidation on the counter price will continue for awhile unless there are big corporate news from the company that can further reverse the price consolidation.
2017-09-26 13:17 | Report Abuse
From the Technical Price Charts the stock counter is currently very bearish.
2.The Moving Average(MA),MACD,RSI,stochastic charts or trend lines support the bearishness for the stock price.
3.The RSI chart showed the counter is currently in the Oversold situation.
4.Do watch out on the implementation of MFRS beginning of next year.How it will affect the bottom line for this counter has yet to be discerned!
5.Global equities on poor sentiments currently also have a negative impact on the stock price.
Outcome: Surprised me that even though this counter has healthy bottomlines and report decent QR every quarter but the stock price barely move upwards.Is there something that we could have missed out or were not disclosed to us by the company.
Just to share:-(((
2017-09-26 12:49 | Report Abuse
Basing on the Technical Price Charts the low low price reached was at 0.675 on 4 September 2017.For the last five years this was the lowest price level in Media Prima history.
2.Currently,the MACD,RSi and stochastic readings support for the strong trend and price momentum to be maintained.
3.Increasing trading volumes today and the last two days also good for the price support.
4.Morgan Stanley will continue buying and collecting the stocks so as to average down the price that they purchased and collected at 1.15.Good time for them to do so.
5.Coming October will be seeing many events related to the e-commerce industry and internet start-ups and Jack Ma will probably be back for the events planned by MDEC.
Outcome: Currently,the stock is bullish.Barring any big and unexpected geo-political developments in North-East Asia the stock price has the probability to move further up then down.
Cheers:-)))
2017-09-26 12:31 | Report Abuse
The stock is currently trading and trending on low volumes for the past few days.
2.Even though the Moving Average(MA) line or chart is positive but the MACD and RSI do not show any positive trend and momentum support to move the price further upwards.
3.The next price support level is at 1.64.If this level is breached the stock will hover down to touch 1.60 achieved on 7 September 2017.
4.Global wide equities are currently bearish in lieu of the geo-political tensions in North East Asia and the recent Federal Reserve Board decisions on monetary policy and direction, and do not give any confidence and impetus for the local buyers or investors to buy and collect the stock.
5.Azhar buying into FGV will not move the stock price as proven earlier similarly when he was in Malakoff.
Outcome: The stock will trend and move sideways within the narrow range -+ 1-3cents unless there is positive news or big corporate move that can help to move the stock price upwards.It is all in the Technical Price Charts(even for speculative counter like FGV).The trend and momentum moves can provide guidance to the investors wheterh to Buy,Sell or Hold.
Hope for better days ahead and beyond:-)))
2017-09-26 11:40 | Report Abuse
The stock price had breached the floor or support price at 1.07 reached on 18 July 2016.
2.The next support level from the Technical Price Chart is at 0.97.
3.Yes,presently the stock is very bearish.
4.Supported by the MA,MACD,RSI and stochastic trend line and momentum.
5.It has been on the downtrend in recent days.
Outcome: Expect the bearishness on the stock price to continue unless there is some big and positive corporate news to move the stock counter.Global wide the equities are also affected by the recent decision made by the Federal Reserve Board on the monetary moves in USA(equivalent to our Central Bank,Bank Negara)
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
2017-10-17 14:52 | Report Abuse
Presently,the stock is caught in the overbought situation.The price will move within a narrow range +-3 cents unless the trading volumes perked up.
2.Even though Technical price charts- MA,MACD are still supportive of the stock price.
3.The next QR will be announced somewhere around 25 November 2017.But the last QR y-o-y,PAT is on the high base or around RM 80 million.But looking at the last two QR q-o-q the PAT were just around RM 6-9 million.Maybe this factor has to be considered close to the QR announcement.Will it affects the stock price then if PAT is very much lower y-o-y?
Just to share.Happy investing.