I suggest you guys just follow the smart money algorithm. They will trap retailers to buy near RM10 and then hedge fund like EPF will take profit by disposing them.

This company is similar to Hin Leong in Singapore. The retailers and small investors were in denial until the company declared bankrupt.
Just get any of your CFO friends to advise you if the company's financial statement for the past few years make any sense.

Now not only KWAP selling, EPF also starting selling. Most of the hedge fund started to exit from this counter but retailers are buying and most of them have no idea how smart money trap them into buying.

Industry and rakyat now waiting announce from government about further incentive to reduce burden of rakyat which TNB expected to provide further discount on their bills. So, increased of consumer consumption will not help so much.

This what happened when you have a political chairman in GLC.

During the conference, government is exploring measures include a six-month extension of the electricity rebate and to waive Tenaga Nasional’s Maximum Demand charge and suspend Gas Malaysia’s Take or Pay (TOP) in gas off-take agreements.

How Tenaga going to pay thier worker salary?

Just finished online meeting with my industry association. It appears they need more than 2 months of MCO and more factory expected to close thier operations due not economical to continue with thier operations.

Any lock down more than 1 month is disaster for TNB. But now, they want to close more than 2 months probably 3 months.. That is
catastrophe.

Now I need to plan for cut loss this weak.

The good news is, does not apply to factories which major contributors for Tenaga Revenue. In addition to that, electricity consumption at home particularly aircon usage expected to be higher which provide better revenue compared to before MCO.

As long operation hours allowed to be more than 8 hours, no major impact to Tenaga revenue.

Good news. Industry and commercial are still allowed to operated and electricity consumption is getting higher.

This is a stock that hedge fund love to buy and keep for dividends. Those with EPF and ASB are actually getting dividend from this company after taking 3% profit from their dividend. Logically, this counter offer better value than EPF and ASB.

So no brainer to buy, collect dividend and forget about the price.

It 's a good time to clear weak holders create lack of supply situation next week. Hopefully can get a good price today.

Seems smart money have been accumulating in large volume since yesterday. That 's good indication.

It seems weak holders have been cleared this morning. Time to restore its actual value Price > RM12.

Yes, I hope so. But seems EPF started in accumulating/buying since 27th April which same date as I started buying. Hence, their smart money already programmed to start increase the price to RM12++

Why it's a Good news for Tenaga with implementation of the MCO that less than a month.

Tenaga charging thier industrial/high voltage commercial customers based on maximum demand per month and not based on consumption like normal consumer. Means, if the factory highest consumption is RM500,000 per day and the lowest consumption is RM10,000 per day, the company still need to pay 30 days x RM500,000 of that billing cycle.

In addition to that, more workers expected to work from home. Hence, consumption by consumers expected to be high since they need to switch on aircon and etc.

All 268,000 slots for AstraZeneca vaccine snapped up; minister promises more doses.
More Vaccine = More recovery = More Consumption = More Output = More Electricity = More Profit = More Dividend from TNB

Malaysia unveiled a 20 billion-ringgit stimulus package in March and began a vaccination program in February to boost the recovery. Exports recovered to pre-Covid-19 levels and an accommodative stance would further support growth, according to Morgan Stanley economists including Deyi Tan in Singapore.

All these manufacturers are heavily using machines to reduce dependency on labor particularly glove manufacturers and consumption electricity expected higher than pre-Covid-19.

We hope we can bring down to RM 9.8 ++ after lunch today and hopefully we can reach RM9.5++ by next week. Furthermore, EPF expected to reduce their hold to less than 17% of this counter since many of their members withdraw their money for Raya . So, I believe smart money will be able to bring down the price.

mokluhanj21 ,
Nothing is impossible in stock trading. The smart money can bring down the price this morning and then they can also bring-up the price. After lunch, they will try to bring down the price again.

The smart money now see this counter as stock with many negative news particular longer MCO expected after Raya. So, heading to RM9.5 is possible but not today.

The amount is not enough... We need to bring down the price so that all the weak holders can clear their holding. It seems we need bring down the price to RM9.5 ++. We will start to bring down the price after lunch.

Hopefully we can get some up to at RM10.1. We need to trigger the smart money to change their mode to super accumulation mode which I know EPF traders are on monitoring mode.

As at 9:27am, less than 20 weak holders with amount of 2,000 to sell at RM9.40. Not enough for us trade up the price. Please sell us more to allow us to up price the price.

We hope we can buy another 1,000 at 9.98 .

Seems this stock offer better return than any return that being offered by the Top 25 shareholders that own 80.95% of the company listed below:


Khazanah Nasional Berhad
25.69%
Permodalan Nasional Berhad
17.87%
Employees Provident Fund of Malaysia
17.86%
Kumpulan Wang Persaraan
7.3%
Public Mutual Berhad
2.04%
The Vanguard Group, Inc.
1.78%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments
1.37%
BlackRock, Inc.
1.15%
Eastspring Investments (Singapore) Limited
1.09%
State Street Global Advisors, Inc.
0.83%
Lembaga Tabung Haji
0.7%
Pertubuhan Keselamatan Sosial
0.49%
AIA Investment Management Private Limited
0.37%
Nordea Investment Management AB
0.34%
PPM America, Inc
0.33%
Principal Global Investors, LLC
0.32%
The People's Bank of China
0.26%
Charles Schwab Investment Management, Inc.
0.21%
J.P. Morgan Asset Management, Inc.
0.19%
Dimensional Fund Advisors L.P.
0.16%
Kenanga Investors Berhad
0.14%
HSBC Global Asset Management (UK) Limited
0.14%
Caisse de dépôt et placement du Québec
0.13%
Geode Capital Management, LLC
0.11%
Fidelity International Ltd
0.086%

Summary of fundamental analysis of Tenaga:
- Trading at 50.2% below our estimate of its fair value (RM20.02)
- Earnings are forecast to grow 10.29% per year
- Dividend yield expected to be increased to 9% from 8% currently

This stock appears on my radar today and seems almost all weak holders have disposed their stock and accumulation phase complete. So now, it's a time to up the price.
We will see how smart money do their magic starting today onward to trigger panic buying with stronger fundamental value.

Karadis,
Subscribe to Bloomberg Service to get a proper analytic data.Thos blogs or kiddies trying to tell the world that they are smarter than you but Bloomberg will tell you exactly as it is, not more and not less.

By the way, EPF is the 4th Largest shareholder of this company.

The earning grew by 354.4% over the past year. The only way the owner can take thier profit is by declaring a Bonus which expected to be this year.

Do you guy know that fair value of this company is RM32.91 compared to today price which less than RM1.
That is why Standard Charted increased thier shareholding up to 248.65% , which the 3rd largest shareholder.

It 's too obvious a shakeout process by smart money. They will bring up the price once all the weaker holder sell thier stock .

Intrinsic Value is at least RM2. P/PE is about 7.5x. This is really a hidden gold.

Wow, this is very under valued stock that suddenly appear on my radar. Nice shakeout by smart money to remove weak holders. Let 's see how high it can go from here.

Most weak holders have been removed. Now need to plan for Trade up

Nice shakeout process to remove all the weak holders. Hopefully can complete by today afternoon.

This appears on my radar. This is very undervalued counter. They have shakeout all the weak holders and should be up soon.

Good time and price to acquire this stock.

Sold at RM1.99. Probably will start shorting in the afternoon. For now, need to trap more volume before it can create a nice waterfall.

This is a good company. But this morning, it appears on my radar as a good stock to short. Seems I need to offload all my my stock before I can short nicely.

MYEG counter is very good in proving a trap to freshie traders

Anybody know when the US and Europe government will announce about action to be taken with the recent incident ?

Do we know what is the cancellation percentage?

Sharing is caring:

Fundamental Analysis:
- Earnings have declined by 0.06% per year over past 5 years
- Shares are highly illiquid
- Unstable dividend track record
- Shareholder returns in 3 years : -11.3% (Loss)
- Fair Price Value :RM2.32 (Over priced by 182.5% based on yesterday price)

The question is, what will you do since you have this data. Do you still invest on this stock although you know that you will lose money?

I just curious, why retailers willing to pay more then RM4.20 when the intrinsic value is only RM4.18 and no big boys want to buy this stock? I ‘m not sure if they know the meaning of overpriced.

This counter appears in my radar.It appears that some hedge fund have started accumulating this stock.

Market saying that there some good news that not yet announced. I wonder what are those news.

On my radar, it appears that local bigboys are in the mode of selling-off their share not only for Myeg, also other counters. Seems they are preparing for incoming announcement which maybe will take effect next week which, I hope not again.

Be ready for crash landing next week but keep praying that it will not happen. Not body will benefit including Myeg if it happen.

By the way, this is not a selling call. Please contact your professional financial consultant/traders for advise.

Check my chat history about this counter and make your own conclusion.

By the way. this is not selling call. Get advise from your professional traders.

Thank you.

I bought some at RM1.25 when it appears on my radar. But now, it also appears on my radar again but to recommend to sell in conjunction with bots by bigboys which set to distribution mode.
I wonder why those bigboys changing thier bots to selling mode today when Myeg just announced the dividend.

I hope I can sell before afternoon which the system anticipate that the price will be up in the morning before it drop in the afternoon.

shakeout exercise is already started to remove weak holders.

Good Morning everybody.
This counter appear on my screen again after a few smart money is changing their bots to accumulation on this counter again. Seems they set to execute in the afternoon.
So, the question is not when can they go more than RM1.4 again. But How fast can they get there.

But should set to more than RM1.5. By the way, this is not a buying call. Take your own risk.

Seems this is the group's lowest revenue so far. So I will exit first.
Good luck to all of us .

I will top-up once it hit RM3.

Bad news.
Higher credit losses than expected in this quarter. Seems most big boys started changing their BotMoney to distribution mode.

But I will keep it and I know this counter will recover in 2022.

Don’t worry. I will share when the smart money change their mode to acquisition mode. As for now, their AI still in selling mode for the next few days/Weeks.

Don’t be surprise if it will be lower low next week due to no support from any big money.

No shark waiting. All are retailers. ASIA INTERNET HOLDINGS SDN. BHD was in the queue to support but not anymore. Instead, big boys just started to sell-off.

GrahamNewman,
I agree with you. I bought it at RM0.78 when my app send alert about potential of Acquisition mode by the big boys.