kevinobc

kevinobc | Joined since 2014-11-28

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2018-05-14 10:05 | Report Abuse

thanks to MAHATHIR ... to adjust petrol price mechanism

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2018-04-03 10:08 | Report Abuse

mflour jadi bubur flour...

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2018-03-22 12:12 | Report Abuse

will continue fall further and further...

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2018-03-19 09:11 | Report Abuse

dnex start moving.... wake up call...

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2018-03-14 16:48 | Report Abuse

WAH SEONG CORPORATION BERHAD (5142.KL) Shares Needle Moving -1.96%

Shares of WAH SEONG CORPORATION BERHAD (5142.KL) are moving on volatility today -1.96% or -0.03 from the open. The BM listed company saw a recent bid of 1.50 and 2576400 shares have traded hands in the session.

Many investors may strive to be in the stock market when the bulls are running and out of the market when the bears are in charge. Investors often use multiple strategies when setting up their portfolios. Some may rely solely on fundamental analysis, technical analysis, or a combination of both. Investing can be an extremely tough process. Individual investors often strive to gather and analyze vast amounts of information in order to make educated decisions. Often times, investors may have initial success in the stock market, and then things may turn sour. Confidence may be necessary to make the tougher decisions, but overconfidence may lead to an underperforming portfolio. Overconfidence may cause the investor to make poor decisions because they are relying too heavily on personal interpretations.

Taking a deeper look into the technical levels of WAH SEONG CORPORATION BERHAD (5142.KL), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -77.78. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

WAH SEONG CORPORATION BERHAD (5142.KL) currently has a 14-day Commodity Channel Index (CCI) of -104.45. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, WAH SEONG CORPORATION BERHAD’s 14-day RSI is currently at 48.59, the 7-day stands at 39.73, and the 3-day is sitting at 32.25.

For further review, we can take a look at another popular technical indicator. In terms of moving averages, the 200-day is currently at 1.10, the 50-day is 1.43, and the 7-day is resting at 1.54. Moving averages are a popular trading tool among investors. Moving averages can be used to help filter out the day to day noise created by other factors. MA’s may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action.

Currently, the 14-day ADX for WAH SEONG CORPORATION BERHAD (5142.KL) is sitting at 24.77. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

When dealing with the stock market, investors may seek to make trades that will limit regret and create a sense of pride. Often times, investors may be challenged with trying to figure out the proper time to sell winners or let go of losers. Of course, nobody wants to sell a winner if it looks like there may be more profits to be had. On the other hand, nobody wants to hold on to a loser for so long that severe losses pile up. Investors often need to assess their own appetite for risk. Some may be able to stomach large swings on a daily basis. Others may not be able to take the volatility when dealing with riskier investments. Risk decisions may be made on past outcomes, and investors who have experienced previous profits and gains may be more likely to take a bigger risk in the future. Those who have only seen substantial losses may be more risk adverse in the future.

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2018-03-14 10:47 | Report Abuse

wah seong tp 1.80

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2018-03-09 15:07 | Report Abuse

the company that has full of cash.. no debt , why worry?

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2018-03-09 15:05 | Report Abuse

very confident in petron ! target price RM15

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2018-03-07 16:31 | Report Abuse

there is no reason for petron to fall with strong cash it has.. and business doing still ok

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2018-03-07 16:10 | Report Abuse

as global trade war.. in progress.... unless.. opposite direction

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2018-03-07 16:08 | Report Abuse

at the moment....this week .... it can fall to 4.95

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2018-02-21 20:47 | Report Abuse

KUALA LUMPUR: Hibiscus Petroleum Bhd’s net profit for the second quarter 2018 (Q2 2018) ended Dec 31, 2017, increased to RM11.04 million from RM10.66 million recorded in the previous corresponding period.

Quarterly revenue increased from RM62.83 million in Q2 2017 to RM76.01 million registered in the current quarter, mainly attributed to the higher average realised oil price of US$62.93 per barrel in the current quarter versus US$51.54 per barrel, previously.

In a filing with Bursa Malaysia today, Hibiscus said the increased profit was, in part, due to lower quarterly expenses.



Moving forward, Hisbiscus said it would focus on completing the 50 per cent acquisition in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract from Sabah Shell Petroleum Company Ltd, by March 31, 2018.

“Post completion of the North Sabah transaction, we will immediately focus on lowering unit production costs.

“We will also undertake a range of activities to ensure seamless integration of the North Sabah operations with our existing work processes and performance based operating culture,” it said.

The company announced on Feb 7, 2017 that it planned to increase the Anasuria Cluster production by 5,000 barrels of oil per day by 2020 with the GUA-P2 side-track drilling. – Bernama

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2018-02-19 09:50 | Report Abuse

due to upcoming QR RESULT.. tp. RM1.20

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2018-02-13 11:01 | Report Abuse

yes... petron is good.. both DRB & PETRON .. GOOD!

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2018-02-02 11:32 | Report Abuse

Hibiscus hit high 1.17. support is at 0.81 followed by 0.72. Time being 0.94 is d immediate support.

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2018-01-26 15:39 | Report Abuse

there is no reason for petron to fall as world oil price moving up..... it is all maniputated by ppl who wanna buy it a lower price..... target petron rm 17 by February when coming near to QUARTERLY FINANCIAL RESULT

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2018-01-26 15:05 | Report Abuse

lets read this past article.. get some insights

http://www.themalaymailonline.com/malaysia/article/analysts-rev-asia-buy-will-let-bn-take-pulse-of-the-youth-but-not-much-more#Jtmloo9BsFVipoCl.97

KUALA LUMPUR, May 12 — Barisan Nasional (BN) could gain crucial insight into the interests of young voters via Media Prima Berhad’s acquisition of Rev Asia Holdings Berhad, analysts said.

Rev Asia is the country’s biggest digital media platform, with a monthly audience that is five million strong and mostly young, and would give the coalition the advantage of being able to identify trends and key issues with which to better tailor its messaging for the demographic.


Umno, BN’s dominant component and owner of Media Prima, said last year that six million youth voters, or close to 50 per cent of the total electorate, are expected to cast their ballot in the next polls, arguably making them the next “kingmakers”.

But despite the platform’s potential to help BN bridge communications with the young, this will not necessarily translate to automatic support, pundits told Malay Mail Online.

“The data and digital footprint from Rev Asia’s products will certainly allow BN to understand the Malaysian youths better and identify the key trends in the demographics, most importantly the Chinese and urban English-speaking communities,” said Asrul Hadi Abdullah Sani, analyst at public policy consulting firm Bower Group Asia.

“However, will the online traffic translate into votes? It’s very unlikely,” he added.

Data-intensive targeted messaging is a relatively new idea to most parts of the world, including Malaysia.

While some analysts may argue that the recent victory of current United States President Donald Trump proved how a campaign built on database was effective in influencing the presidential election’s outcome, there is no conclusive data yet to suggest that the same strategy could produce similar results elsewhere.

In Malaysia, political ownership of media outlets is common, as are strict laws governing the publication of newspapers and magazines, characteristics that make it difficult for opposition parties to get coverage equal to the establishment.

But with print media numbers moving inversely to the Internet penetration rate, this control is no longer as influential as it once was.

“Even with whatever that has emanated from NST, Utusan have not succeeded in re-aligning the votes [back to BN] although they do have a captive audience,” Datuk Mohamad Abu Bakar, senior analyst with Universiti Malaya, told Malay Mail Online.

Mohamad was referring to New Straits Times and Utusan Malaysia, respectively English and Malay language newspapers that were once the leaders in their segments.

The dwindling sales of both NST and Utusan that are owned by Umno — with the former through Media Prima—are the clearest indicator of how control over media does not necessarily translate to support for the government, Mohammad pointed out.

Read more at http://www.themalaymailonline.com/malaysia/article/analysts-rev-asia-buy-will-let-bn-take-pulse-of-the-youth-but-not-much-more#BSmLJCzoVsxqtfHT.99

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2018-01-25 11:25 | Report Abuse

https://themalaysianreserve.com/2018/01/24/mmc-gamuda-gkent-strong-contender-mrt3/

The MMC Corp Bhd-Gamuda Bhd and George Kent (M) Bhd (GKent) joint venture (JV) is potentially the strongest contender to undertake the proposed Mass Rapid Transit Line 3 (MRT3) project due to the experience and assets needed for the extensive tunnelling works required on the project, according to analysts.

RHB Research Institute Sdn Bhd believes the MMC-Gamuda-GKent consortium is a formidable contender for the lead role, banking on its experience and track record as project delivery partner (PDP) for the MRT1, MRT2 and Light Rail Transit Line 3 (LRT3) lines.

“MMC-Gamuda’s expertise in tunnelling work bodes well for its chances, as 80% of MRT3’s alignment would be underground,” RHB Research noted in a report on Monday.

The consortium members have under their belts experience as the PDP in two prior MRT lines, the LRT3, as well as tunnelling works for MRT1 and MRT2.

Tunnelling experience and the ownership of tunnel-boring machines are key advantages of the MMC-Gamuda-GKent JV, RHB Research added, considering that 80% of works are slated to be underground works and the remain- ing 20% are elevated works.

Project owner, Mass Rapid Transit Corp Sdn Bhd (MRT Corp), announced last week that four consortiums had submitted turnkey tenders with financing plans for the multi-billion ringgit MRT Circle Line as tender submissions closed on Jan 18.

Three out of four submissions comprised consortium of Malaysian companies including Sapura-TIEC Con- sortium, MMC-Gamuda- GKent JV and Pacific-Mudajaya-JEC Consortium.

The sole foreign contender is China Communications Construction Co Ltd-China Communications Construction Co (M) Sdn Bhd JV.

An evaluation will be made by MRT Corp based on the “Best Evaluated Tender” from the three main evaluation criteria — which are technical, financial standing and the financing package.

A recommendation will then be submitted to the Finance Ministry for decision and approval.

The contract is tentatively set to be awarded within the first quarter of 2018.

RHB Research added that the MRT3’s lead contractor would be responsible for both the turnkey tenders, as well as securing the financing for the project.

The financing required is significant with demanding conditions. The winning contractor must fund 90% of the RM40 billion project for 30 years with an eight-year moratorium.

“We understand that the MMC-Gamuda-GKent JV has in place a firm financing arrangement by a group of reputable financial institutions. The consortium members would prefer the financing to be off their balance sheets, acting more as intermediaries between MRT Corp and the financial institutions.

“This is reasonable in our view as MRT Corp remains the owner of the asset, and hence, liabilities should be on their books instead,” RHB Research added.

In terms of financing cost, RHB Research believes it would be difficult to match the 3.25% soft-loan rate for the East Coast Rail Link project, and more likely to be between the 10-year Malaysian Government Securities rate of 3.9% and quasi government bond rates, including Prasarana Malaysia Bhd or DanaInfra Nasional Bhd of 4.5%.

Hong Leong Investment Bank Bhd (HLIBB) also stated that the MMC-Gamuda-GKent JV stands out as the top contender, given its strong confluence of civil and systems track record.

“Track-record-wise, MMC and Gamuda (via a JV) has undertaken the PDP role and tunnelling works for MRT1 and MRT2. Apart from that, they have also partaken in the Northern Double Track and SMART tunnel.

“As for GKent, it previously completed the LRT extension system works and is now undertaking track works for MRT2 and the PDP role for LRT3,” HLIBB noted in a report on Monday.

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2018-01-23 16:09 | Report Abuse

go go go now... fly... TARGET PRICE RM2.90

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2018-01-23 09:38 | Report Abuse

target price for GAMUDA RM6.00 ..... go go... epf keep buying

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2018-01-23 09:37 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/01/23/mmcgamudageorge-kent-jv-top-contender-for-mrt3-mmcgamudageorge-kent-jv-top-contender-for-mrt3-job/

MMC-Gamuda-George Kent JV top contender for MRT3

PETALING JAYA: The MMC-Gamuda-George Kent joint venture (JV) is the top contender for the mass rapid transit 3 (MRT3) project, according to Hong Leong Investment Bank (HLIB) Research.

HLIB Research said in its report that the JV would offer a strong confluence of civil expertise (through MMC and Gamuda) and systems experience (via George Kent).

“Track record-wise, MMC and Gamuda (via a JV) have undertaken the project development partner (PDP) role and tunnelling works for MRT1 and MRT2.

“They have also built the Northern Double Track and SMART tunnel.

“As for George Kent, it previously completed the LRT extension system works and is now undertaking track works for MRT2 and the PDP role for LRT3,” HLIB Research said.

However, the research house highlighted that the strong track record from the JV was challenged by strong competition from China state-owned construction giant China Communications Construction Co Ltd (CCCC).

“We feel that competition from CCCC would be further heightened, given the funding requirements in the tender equation.

Read more at https://www.thestar.com.my/business/business-news/2018/01/23/mmcgamudageorge-kent-jv-top-contender-for-mrt3-mmcgamudageorge-kent-jv-top-contender-for-mrt3-job/#EpbOb7w7zfsGjXIK.99

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2018-01-22 16:12 | Report Abuse

GAMUDA WORTH AT LEAST RM6 ....

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2018-01-22 15:42 | Report Abuse

CURRENT PETRON PRICE AT LEAST RM 13.70 MIN........ this is its value right now... those sell below it already undervalue... haha

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2018-01-19 09:52 | Report Abuse

buy petron better... as they hv cash .... whereareas hy hv debt.....

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2018-01-18 00:11 | Report Abuse

https://www.thestar.com.my/news/nation/2018/01/17/fuel-price-jan-18-to-jan-24/


PETALING JAYA: Petrol prices from Jan 18 to Jan 24 will go up by four sen per litre, but diesel prices remain the same.

RON95 will be priced at RM2.30 per litre while RON97 will retail at RM2.57 per litre.

Meanwhile, the price of diesel remains unchanged at RM2.32 per litre.

The new prices were announced on RTM1 on Wednesday evening and will take effect from 12.01am on Jan 18.

The weekly fuel pricing mechanism came into effect in April last year and the prices of petrol and diesel was been placed on a managed monthly float system from Dec 1, 2014 following the removal of fuel subsidies.

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