I think 0.575 is a support. any expert could confirm this? if it breaks 0.575, then can consider to sell. anyway, as a trader the support price should be determined upfront, when taking a position.

Yeah, I fully agree with you... my average is slightly higher as I bought between 0.595 to 0.605. I stopped buying when I saw a Director sold his position. I'd think it is wiser to wait till the Company announces its results... anything could happen...

How high can it go tomorrow? Today's closing price = 7.12!

Yeah not many contra players as it has been bashed down for the past few weeks / months...

In any event, the proposed rights issue should be positive for the company in the long run...

Back to 87.5 already!!!

What's RHB target price?

Now it is back to 86.5...

Definitely someone had push down the price just to create panic selling... Fundamentally the company is okay...

Someone is collecting during the panic selling just now...

Thanks fortunebullz.

What's the next support price?

no reason to drop... but still dropping...
good results, EPF has been buying...but still dropping...

Looks like certain group of people are suppressing the price for accumulation.... Same goes to THHEAVY... Does anyone notice that?

39.5 - 40.0 are good prices to enter...

If they pay more dividends then the share price will move faster....

BIG support @ 0.36

Have to cut already..
so sad...

People start throwing @ 0.38...
What's the support?
Should I cut now?

Difficult to say...
Based on TA, it is quite bad...

Now no more 0.395...
Either 0.39 or 0.40

I also dont know if the results are good or otherwise. But people are selling...

What's the TP? I'll see tomorrow morning and jump!

Based on the chart, this counter has so many resistances... 32.5, 33.5 and etc arising from the previous spike... a lot of people got stuck last time.. therefore is has to clear 33.5 and maintain above that price first, before it can move to the next level...

will see tomorrow...

It's okay, AT... historically, the counter moves every year during chinese new year... accumulate and sell in the next chinese new year rally... :)

Morning pop

Got any good news???

Will go up... many BUY indicators already... a matter of time only and plus no bad news...

Dreamhunter, again I could be wrong on the stock operator. But I think it is good to verify the info from all sources to ensure that your capital or profit is protected... :)

Dreamhunter, I try to be as objective as possible. I'm a stock trader. I managed to grab some @ 28.5 not too long ago, though quite a small sum. Of course I'd like to protect my profit.

The Suma' share price may not move much even if it is uplifted from PN17 status. I could be wrong, but if you recalled, THHEAVY didnt move much when it was removed from PN17 status back in 4th quarter of 2012. Only after a new strategic investor came in 2nd quarter of 2013, then it started to move.

IMO, penny stock like Suma or any other penny stock has a guardian or operator. A classic book on this theme is Reminiscences of a Stock Operator.

http://www.amazon.com/Reminiscences-Stock-Operator-Marketplace-Book/dp/0471059684/ref=tmm_hrd_title_0/181-2813035-2942728

Thanks TJ

The Company has to show improvement in its profitability first. Then the investors woud believe that the Company can more generate profits from its future projects. More projects without growth in its profitability or margins expansion are meaningless... Anyone knows when is the Company going to announce its results!???

Cheaper as in valuation or in absolute amount?

We dont value banks using P/E.
P/B & ROE???

Only time will whether I'm wrong...

In 10 years time Iris price will go to RM10.00

Hey TJ, did you mention KELADI earlier??? Can anybody provide some colour to this stock?

I think knm and iris should also be in the list... Hot stuff...

:-)

Makes no difference to me.... Both involve probabilities... Statistical stuff...

:-)

Yeah I agree there are plenty of better stocks around... MAS should be on ignore list for the time being...

AyamTua: AirAsia has more upside? I dont think so... Both are affected by Maphilindo.... But MAS is at the bottom already... Cant go further down...

GLC wont die... Hehehehe...

1 quarter's profit isnt enough to uplift suma from pn17... Has to be 2 quarters profit... If suma doesnt announce profit this round... Cud b another round of selldown...

When? Time frame? 1 year? 1 month?

Which one is a better bet, mas or airasia??!

What news???

Rights Issue? Cash call again?
Then the price will go down... Not up lah

So when can we know the contract sum?

So can buy or not tomorrow?

Back on track...

TP above RM1? RM1.02? RM1.05?

Yeah, 0.97 or 0.975 is a BIG resistant...