Persistent selling at High volume likely by major shareholders. Sold down to 0.07 today.
Next support 0.06.

Crude oil price rebounding.

DOWNTREND.

Next support 0.06.

WHAT happened ? Down on BIG volume. Why ??

No judgement. Case likely postponed. DPS coming down to 9.5-10 as before next week

Collection period now. Next week this counter mayl go up fast.

Strong move . Next Resistance at 0.08

Oil futures rebounding now.

Dow index up 300+ points

Scomi now uptrend. Grossly oversold.

Rebound imminent. First resistance 0.21

Counter will be suspended next week

Reported good profit. Strong Rebound tomorrow

first resistance 0.33

Rebound imminent tomorrow.

First resistance 0.43

First Resistance 0.28

Something very strange with this share.

MULPHA is making good profits over the years.

igh NTA. It has Huge cash reserves. Single digit PE ratio.

BUT YET THE SHARE PRICE IS DROPPING TO YEAR LOW .

Any one can give a good and logical explanation to this ????

Thanks !

2 ways the market open for Hisbiscus. it is A LOGICAL AND RATIONAL SCENARIO.

If good news on oil found, then BIg limit up as the share is now very low and has been thrown down from 60 plus sen on margin calls.

Even if no good news the stock will be stable at the current level. It may slowly climb up as margin calls subsides. It would definitely not plunge as some expect as it is already low.

Margin call today. Stock likely to rebound strongly tomorrow.

AMMB target price 2.70. Still very cheap at this level now,

Mulpha has been making huge profits over past few years.

The strange thing is why didn't it declare any dividend at all so far.

THIS IS VERY STRANGE AND SCARY !

Not good news. Why the need to farm out the project?
Seems to me Perisai not capable to undertake project due to financial constraints.

First resistance at 8 sen

Uptrend. Strong Resistance at 0..22

Uptrend. First Resistance 0.08

scomi better. due to stronger shareholder.

6 sen now. Disappointing stock. Market up but stock asleep. Next support at 5 sen.

Klugman.

Assuming you are right on the ESOS issue, the price of Sanichi should not be dropping to this multiyear low.

The market has rebounded by almost 100 points and all penny stocks have rebounded but Sanichi is still in the doldrums.

There must be some explanation as to why the price is this low. This is not good.

Crude oil price rallying. O&G counters will shoot up next week. Resistance at 0.34

Financials are OK. Share is almost at all time low. Undervalued based on latest financials. Will rebound tomorrow

Time to buy. Strong support at 0.16. Rebound imminent. Next resistance at 0.18

Excerpts From TA

Due to the bleak outlook, we downgrade Perisai to 9
x FY16 P/E (previous:
10x) which is a 10% discount to the trough P/E of O
&G stocks during the
2011 oil price downcycle (10x).


As a result, our TP on Perisai is cut to RM0.24 and
we downgrade the
stock to Sell from Hold previously. Despite battere
d valuations, we advise
investors to avoid the stock until earnings headwin
ds subside.

Crude oil rebound. O&G counters rebound imminent

0.38

Likely bus fare increase finally. Earlier news of fare increase, counter shot up to 0.38.

SCOMIES :why drop so much ?

Rebounding. Next resistance 0.46

queuing at 0.07 support level

Share has come down a lot. Rebound imminent next week.

Uptrend. First resistance 0.525

Crude oil price rebounding. Perisai rebounding and first resistance 0.52

This is a high beta stock. Will rebound a few cents

STrange. Company just reported good profits. Project ongoing. But Why Share price dropping ?

Anyone has an answer. Thanks.

No play. Players throwing down. Trying to catch a falling sharp knife is not wise.

AGREE, Game over. Players getting out fast.

Stock grossly oversold. rebound imminent.

Volume dwindling down.

Players exiting stock.

Looks like stock will be quiet with low volume for some time.

next support 0.31

Huge volume due for Force selling already sold today.

Strong rebound likely.

First resistance 0.38

Huge force selling ahead ! Weak support at 0.28

Director buying :

http://klse.i3investor.com/servlets/anpth/1077955.jsp

RHB RESEARCH

Perisai Petroleum Teknologi may experience a further technical rebound after breaching the downtrend line in its latest session. Traders may buy as a bullish bias could be present currently, with a target price of MYR0.525, followed by MYR0.565. The stock coulddrift sideways if it does not react to the bullish development . In this case, further support is anticipated at MYR0.43, where traders can exit upon a breach.