Wah! Very bullish today morning session :p

Haha ... some are diam diam buying ...

Immediate resistance is 0.965 (Fibo 50%), if cannot break then can say bye-bye!

From the technical website:
https://www.investing.com/equities/malakoff-corporation-bhd-candlestick

It is still on the "3 Outside Up" with 3 Star reliability - Bullish reversal, is going up!

But volume a bit thin, need more buyers to absorb for further upside, if no more fresh buying forces you will become last man standing :p

Ask HuatRex :p

buyers are trying to absorb sellers pressure ....

Probably have something coming in the 2nd session....Funds triggered cost control auto-buying now ... luring sellers to dump

it is reversing uptrend now ...

absorbing well so far ....

pretty low volume .... sellers dominate now

no buyers move in yet :p

it is healthy to see US market start the mild correction :p ...... for the bull to run longer

share price will probably rebound after correction to 0.36 ....

possible that TAGB to revalue the assets b4 datuk can sell his 10% and earn huge profit?

it will probably rebound after correction to 0.63-0.64

yeah...hope the reverse trend is formulating

Yesterday closed with hammer, couple with today white candle closing above yesterday high ...

Next Monday is very interesting, the sellers/shorters will fight fiercely with buyers, hope the buyers force are much stronger next Monday :p

Good sign, trend reversed

if he is going to sell ... need to create Good news to sell

and the last minute buyers pushed it up few cents :D

shorters keep selling....if they cannot sell down then need to buy to cover short? :p

estimate q4 to hit 4m above

buyers and sellers in battle

yeah, need to close above 0.955 today

Buyers are back now ... how strong are they today?

all about buyers sustainability ...

if their forces are strong can quickly ride on with them :p

early hour session, buyer forces are in control .... for NOW :p

let see can they see off the sellers later, if can then will rebound

likely there are some potential Funds to buy the 10% from Datuk?

Datuk will not sell his10% unless there is substantial profit

a bit fishy for them keep disposing shares now ...

Datuk direct ownership is about 10% now, let see how is he going to do with this 10%

it is in the dead zone now ... many are losing money now

why the directors disposed their shares now after owner gave positive outlook in media?

add more but dun pushup with better cost

most likely TA will dispose 5-10% TAGB share to Instituition Funds once it up to certain price

private placement or privatize coming?

some funds are trying to support @0.94 :p ... can hold off the sellers force?

now testing 0.91 ... then finally 0.86

still testing 0.935 - 0.940 ....

now it tries to retest 0.935 and see whether can press down or not :p

pending a rebound signal at this level

2nd test @0.495 and it tries to break the 0.49 support level .... still holding up pretty well :p

pretty strong support @0.38 :p

yeah, if it starts to rebound tomorrow, very likely can test 1.20

hope there are more buyers force :p

double bottom? :P

It tried to press down 0.93 but failed :p

It is a good sign!

if today can close with +ve gain, then can stage a rebound ..... but the sellers are still very much in control

sellers still have the force ... no fresh buyers coming :p

shorters are winning today battle :p

not sure about today, but hopefully this week the uptrend resume

technically, it is beautifully poised :p

Really coming this week? :p

Last 10 years Dividend Payout Ratio (DPS/EPS):

TA:
2006 = 45%
2007 = 70%
2008 = 39%
2009 = 52%
2010 = 32% (when it started to fork out more cash for property investment - TAGB)
2011 = 32%
2012 = 26%
2013 = 28%
2014/15 = 169% (revised financial year)
2016 = 26%

TAGB:
2010 = 32%
2011 = 49%
2012 = 46%
2013 = 34%
2014/15 = 127% (revised financial year)
2016 = 14%

I guess many people were frustrated specifically to 2016 dividend payout :p

Let see 2017 how...

The yearly cash flow for both TA & TAGB have been increasing over the past few years, once it de-geared, hope the cash will increase even more .... then see how management board is going to do with it for shareholders.

The market is very simple, if company brings positive impact for shareholders, more people will want to buy and price will go up.

Last year end, the last-minute big fund pushed it closed at 0.98, this will be the critical support level that shorters need to break :p

if cannot break then the uptrend will retest 1.07