some may have lost patience and sold...

share price has not closed at RM2.40 or better for a year... can celebrate when it does.

if I am not mistaken, current share price is 1 year high???

Big buyer in CIMB today... Interesting!

KLCI is side way but KLCI Futures goes up gradually...

I don't particular like this stock because it yo-yo a few times, but it is also clear that it is on an uptrend

I kind of feel like Hengyuan is affecting the market sentiment overall, especially affecting retail counters

Not bad, earnings this year should improve over last year. Still a baby bull

wow, did not expect discount today. Big fund not pushing yet so have to wait. Earnings this year should improve over last year so there should be no worry...

now it is Matang's turn...

Hopefully tomorrow is also like today :)

drops so little only, so sad...

Not bad, good day to top up... Hopefully tomorrow also like today :)

can not let it drop to RM1.60 first ah????????????

bastard, now everyone rushes to buy...

Baby_Shark, share like Masteel is backed by good earnings growth, any profit taking is a good time to top up.

joeshare, you can buy in stages.

STC1136, thanks for sharing!

ValueMaker78, if you are confident with your analysis, why not sell now?

I do not own Ann Joo but I notice its share price now is lower than the one before the KLCI's uptrend started in mid December last year. Clearly oversold.

the KLCI performs like Hengyuan, crazy!

volume today is higher than those of the last few days

hopefully there will be profit taking for us to top up...

hopefully there will be announcement this month...

Well, actually there are short cuts

You can subscribe to professional service or take their courses:
- newsletter provided by OTB (Fundamental Analysis and Technical Analysis)
- newsletter provided by Fred Tham (Technical Analysis)

I am not their subscriber but I have heard some good comments about them. Unfortunately I do not know how much they are charging or how to contact them.

You can buy the stock that they recommend while you learn their techniques. Knowledge is the key.

Baby_Shark, you seem to know at least something about technical. Based on technical, you should have bought around 12/12/2017. Why wait so long?

You should use multiple moving averages, e.g:
7 days
30 days
200 days

there is a free one that I am using:

Chartnexus
www.chartnexus.com

Baby_Shark, you should get a charting software and learn technical analysis first. At the beginning, you may incur loses but most of us have gone through growing pains. You have to spend everyday to learn investing or trading. Yes EVERYDAY. The more time you spend everyday, the more earning you will get after you gain experience. There is no short cut.

if continue to drop, sell high and buy low

if last Friday was purposely done to scare people to sell their shares, the big funds might try again because it worked perfectly (highest volume) -- they were able to collect a lot of shares

I suspect most retailers have sold their shares and it is easier for the big fund to push the share price. Seriously I do not know the price target

I still think slowly slowly up is much better

huge volume last Friday. Rebounded yesterday for more than RM1. Contra players will take profit first. Maybe a little quiet these 2 days...

window dressing last Friday. May attract profit taking for a few days

This competition is actually a very good exercise for anyone to do research and decide on his or her picks. I myself learn a lot during the research process. Hopefully more participants are allowed in this competition.

ha, now I am relieved there is profit taking...

Does anyone have recent analyst reports? I am only able to find Ambank one in August

so easy to make money with this stock... almost everyday up by RM1

Nice price but I think a rest is needed...

volume today is higher than normal...

the current price is at the lower trading range. Baby bull, and definitely a buy at this price 1.5x

history repeats again, nasty sellers

hmm... if continue to drop, sell high and buy back later

did not drop much... maybe some buyers are accumulating

RM15, do not BLINK :)

big buyers are present today. They definitely have the fund to clear RM15, just a matter of time only...

congratulations to those who still keep Hengyuan at this price :)

I agree with Tom. I have witnessed all the cases

Its revenue for 3Q increases mainly due to higher selling price and HIGHER VOLUME.

This is also confirmed by Annjoo:
"The performance was further supported by HIGHER TONNAGE SOLD on
gradually IMPROVING DOMESTIC DEMAND from construction progress of various infrastructure and large scale development projects..."

This is also confirmed by SSteel:
"The higher revenue and PBT for the quarter under review ... were due to HIGHER SALES VOLUME."

This is also confirmed by LonInd:
"The operating environment for the steel business for the next quarter is expected to remain positive in view of the LOWER IMPORTS and the gradual INCREASE IN THE DOMESTIC DEMAND for steel products from the present increased implementation of the infrastructure projects in the country."

Yes there is slow down in property development business. However, local steel companies now get the business that was previously lost to imports from China. And there is also extra demand from infrastructure projects. These extra business is most likely larger than the decrease business from developers because all big 4 steel companies all experience HIGHER SALES VOLUME.

big buyers not pushing yet. No choice, have to wait...