Can't access private group. Please advise.

Charts went from tight and set up for quality trades. Back to “loose and wide” for tactical two way action while we are in price discovery mode. MA5 is below MA20. Know your levels when buying the dips.
BAYOR.

BAYOR based on the following:

PRO: Buying ahead of IPP Vietnam effect

CONS:
* ON 30 APRIL, CO SERVED WITH A WRIT OF SUMMONS AND STATEMENT OF CLAIMS BY STAR MEDIA GROUP BERHAD

* STAR MEDIA SEEKS 134.5 MILLION RGT RELATED TO PURCHASE & LATE PAYMENT INTEREST OF 43.2 MILLION RGT AS DAMAGES

* SHARE PLACEMENT PLAN TO RAISE RM54.97 MILLION, JUST 4 MONTHS AFTER GROUP FAILED IN THEIR RIGHTS ISSUE WITH WARRANTS.

Breakout. Near term resistance 0720/0750.

Trading Call: Buy on further rebound.
Target: RM0.665/RM0.72/RM0.80
BAYOR

Flag-formation breakout. SAYOR.

DK66 - No :) Near term, earnings appear to be still not exciting.
Icon8888 - No, am not a trader. Holding only dividend yield stocks.
A good weekend to reflect a bit. "Inversion ahead of the storm."

DK66, Am not being narcissistic - the MACRO concern is a set up to scare local equities as well. Honor your stops if you are a trader.

Below is my concern:
Japan's 10 year yield hit lowest since 2016 while the yield on the safe haven 10 year German bund fell briefly below 0% for the first time since autumn 2016. New Zealand's comparative fell below 2% for the 1st time, while Australia's equivalent was just 3 basis points away fro. A record low. The yield on US year Treasuries declined yesterday tumbling 4 basis points to below 2.5% lowest level since Jan 2018.

My concern is that Jaks went from 0.435 to 0.83 and could use a rest. Extended run which one can always revisit at lower levels. Let the market tell what's next. BAYOR.

Am wary over the various dilutive equity fund raisings done so far and the poor execution especially on its property business. Jaks fundamentals are extended unless analysts revise their nuetral call.
The macro concern is related to bond yields worldwide . Take care as the inverted yield curve could set up a sell on Andy's margins.

Most stocks in KLSE can use a good rest. Some stocks are extended, and some still look good. HIbiscus FA defies TA. BAYOR.

My concern is JAKS has climbed 62.11% higher over the course of the past quarter. No edge being long now IMHO.
Cash is a position.
Market correction will scare poor fundamental equities in KLSE. BAYOR.

Hibiscus Petroleum (Outperform, TP: RM1.73): Eyeing infrastructure sharing in Australia. Hibiscus Petroleum is exploring opportunities to share infrastructure with other O&G exploration and production services providers in Australia, before deciding on its development plan for its Australian assets. MD, Dr Kenneth Pereira said the group expects to complete this process within the next two or three years. On the group’s overall capacity, Pereira said while it has the potential to produce 20,000 barrels by 2021 organically, it is always open to look at new acquisitions. (The Edge)

Entries and exits matter to stay with trades. BAYOR.

https://klse.i3investor.com/m/blog/investmalaysia2019/198307.jsp

Don't let history repeat itself. Don't jump on the bandwagon when it has moved 187% over the last month. BAYOR.

Investors must always be on the lookout for the major catalyst that either keeps the bulls charging into the second half the year, or wakes up the sleeping bears. BAYOR.

Appreciate your info Moneymore. This Forum is expected to be well received. Increased funds flow in the international energy crude oil market means that stocks like Hibiscus will continue to have very HIGH UPSIDE regardless of currently stock price performance.
TA is improving. AMInvest Research highlighted Hibiscus yesterday. Trading call to buy on further rebound to RM1.19 on short term basis. Hopefully Public Bank will also give a trading call by next week.
Happy weekend everyone. Stay invested in Hibiscus.

Ref to KYY's article, investors should note on qoq basis, Hibiscus’s earnings halved as it delivered only 2 cargoes of crude oil in 2QFY19 against 4 cargoes in 1QFY19; the latter was INFLATED by a delayed cargo in 4QFY18 at Anasuria.

Hibiscus is the most consistent and strongest well managed oil company being added to MSCI Small Cap Stock Index on 30/11/18. Expect RM1.36 historical high to be eventually challenged and broken upwards for the general consensus target of RM1.60. BAYOR.