I support you 100%, but remember don't fall in love with it or for that matter with any stock. Buy low, hold, always take profit, as THH after 2 days up then come down back to original price ans stay down more than a week.

Singlet,Pagoda ke? Simpan aje lah buat kenangan. Maybe harga singlet lebih mahal dari THH. Kalau Simpan lama boleh jadi " barang antik" value will go up 10x more...ha ha ha...

Chan & Wan dispose 16000 each of their warrants @ 44 sen. They had the warrants for 5 sens or may be less. Now calculate their gain. Kaya gila.....

Sumatec ada improvement today - making higher high and higher low (0.61 - 0.625)
RSI - 0.54 moving sideways, Stockastic - no call buy signal yet. WR -71% (close to oversold. MACD histogram show green for pass 3 days but still below 0
Sumatec not moving much due to lack of buying interest. This reflect from the low volume 2.514m. Also due to uncertainty & no news on rights issues date ( as part of their regularisation plan) creating DOJIs for 3 days in a row.
Probably management has some teething issue need to iron out first. Just guessing....
Meanwhile my radar now on Hibiscs and Gpacket & my son graduation tomorrow in UM.

Ngantok tengok Sumatec today luckily Gpacket make my day

0.60 is good support & good entry.
ATR is moving average over 14 days.

Halim is history to Daim. Halim is having new set of "cronies"
Not sure about JV but they might have patch up their differences.

Cannot say too much lah... nanti Sumatec kena UMA.
All I can say this is a legitimate company, no longer in exploration stage - sudah ada oil,
Sumatec is still "baby stage" but growing very very fast.
6 months time, this baby boleh lari 100 metres.
Accumulation stage, if got money participate in the right issue.
Happy trading.

Don't worry about trading strategy so much. Apply strategy best suited for you.
There's so many strategies. Everyday I apply different strategy depending market sentiment. Sometimes I don't trade for weeks if market is against me.
Always look out for pull back in prices (30%). Now Sumatec prices range 0.60 (support)
0.630 (immediate resistance) next 0.650. So when price down get closer to support - that' the best time to get in.

Oh this is tough. Normally when there's news - bad or good will create volatility. You must know the ATR ( average true range). Sumatec ATR 0.03 to 0.05. Sometimes for days no range.
So look look see only.

Swing trading is like swinging from low tree to high tree than go back to low tree. (I''m born in year of the monkey) So I Ikut cara monyet lah ... Keep repeating whenever there is opportunity. Best if you can do this within the same day, commission is low and good profit. Swing trading is best if the stock have volatility.
Otherwise apply short term trading - buy & hold & exit min 15% profit.
This is my way., no necessary is good for you Daud.
Inshaalah we can money in Sumatec.

Directors oredi "pokai" must get money thru Esos (0.35) sell (0.63). 80% gain.
As long as directors keep exercising their Esos, you can forget about reaching 0.70 level.
Meantime "trade what you see & not what you think."

I think lay off for awhile. Dow Jones showing red again and with the new thing in US imposing " The Shutdown" something to do with Republicans against Obama Affordable Care Act.
This will affect DJIA & will indirectly affect world index as pharmaceutical industries big thing in US & Europe. It might or might not affect our KLCI. See lah first tomorrow.

Immediate Support 0.820, if violated go further south. strong support 0.80
I Look look see only today. Once rebound then probably re-enter tomorrow.
See how my mood, hibiscus, G packet is in my radar today.

SCOMI THE SNAIL. Loss volatility, no longer attractive to speculators.
Shah has to make announcement or update about the future of Scomi. Since the new "US tapering" & "Syria attack". Tak bangun bangun lagi terus coma.
Kesian....

Former President of Petronas will be soon on board Sumatec with 5% stake.Biar betul.
Not announce yet. Tengok dulu betul tak. Macam tak percaya Hassan interested in PN17 company. Don't know this good or bad news. This morning managed to exercise swing trading.
Out 0.630 buy back 0.60. Thank you Sumatec. Like this the later you announce right issue maybe bagus juga. Can earn 3 sens everyday.

Victor - ai yo yo ?... Many news out everyday about stocks, 3/4 of them is to sell their newspapers and most of them are not or nearly correct by words being twisted.
It depend on the readers to intrepretarion. Stock market is all about people's "intrepation& expectation" this create the volatility of the stock. If most people believe THH is undervalued stock & decide to hold and not many profit taking probably only 0.1 sen drop. I believe there was "disappointment" & panic selling and many people came on "Selling ship" The end result is devastating. Come Monday even worst.
The reporters are paid to do their work. Whatever they report not necessary correct. You need to do some. "CSI". So hold your grouses towards newspapers it's not worth it.

"close to get contract" is very misleading news especially for people who depended on news to trade instead of TA & FA. We must be responsible with our trade & not put the blame on others as we are the one who press "buy or call" button. Of course news can influence our decision.
For those who have bought price above 0.90 "hold" if you have holding power & look at bigger picture above rm 1.00 in the making. I think by year end possible. THH is in the process biding several projects and I'm sure next quarter report will be positive.
Happy weekend everybody.

Buy on RUMOURS sell on fact. Be it good news or bad news THH price always drop first before climbing up. If I recall when THH announcement PN 17 was uplifted prices move up from 0.60 to 0.62 then in 2 days went down to 0.54 days later down to 0.5. Then after 2 months slowly climb up to 0.60. After Mr.Queck comes in shares rally up to 0.70 level. Now above 0.80 level. Ok what... Less than 1 year gain by 50%. I think this is fantastic investment.
In short don't invest in THH base on news but base on fundamental, buy low & hold. Take profit 20 - 25%. This way irrespective what news comes out you'll not have sleepless nights.

Ini counter macam "baby" kena marah sikit sudah merajok - lari sembunyi bawah katil.

Support 0.88 oredi violated next support 0.85
Hopefully close above 0.88.

Got staying power - hold at least 2 weeks.

Expected a pull back, oredi in overbought, almost double top, showing look alike " shooting star" on top level. To add to this BURSA queries. THH not G packet kena queries pun price remain steady - no plunging down. Ada duit hold, contra players prepare to cut loss.

Whatever news out already factored in with price increase lately.
Resistance still at 0.95 & support @ 0.88
If you're sitting on profit - maybe take some if not all.
What goes up will come down. Catch it again on pull back.
Good luck.

Good keep taking profit until price back to 0.45. Then can buy back.
Dream only. I doubt it will go below 0.48

Now trading above MA 21 and mid Bollinger Band. Strong resistance @ 0.650.
Close green today, MACD histogram diminishing & with increase buy volume then "Ada chance" to close green again tomorrow. Otherwise to expect pull back of 1 or 2 sen down before making attempt to clear immediate resistance 0.650. Good luck. I look look see only

Long term investment is holding stock from 3 - 5 years. Got patience???...
Exdate price will be around 0.23 - 0.25 if price cum ex-date 0.58 - 0.60
Let say buy after xdate then hold. I'm sure it will not be below 0.30 more than 6 months.
This is oil company not harvest (0.25 right issue price)
Stay cool, if do not have intention to go for right issue (0.175) then stay out.
Nothing much going to happen until the annoucement of the date,
Meanwhile look at other counters more exiting.

THH is trading at upper Bollinger. If break resistance 0.88 this week then 0.95 is achievable.
THH is not like focal (ada ecoworld), hibiscs (ada oil). THH rely on Petronas mostly but Petronas got so many "anak" to feed. THH has more more upside than downside making investment as long term is better definitely TP RM 1.50 is in the making.
Indicators WR, Stochastic - overbought. MACD crossing upwards, RSI 0.59 (not overbought)
Lets see next week how THH perform.

I you're thinking of long term any price between 0.58 - 0.62 is good price to accumulate.
Unlikely there will be any up movement of prices till the announcement made.
Meanwhile other counters look promising e.g hibiscs, focal, gpacket, eastland, jcy
Tengok wayang aje. not asking you to buy as mostly nearing to overbought but try to take advantage when there is retracement.
Happy trading next week.

Then don't go in yet. wait till ex-date. Consider ex-date price be your day 1 in Sumatec.
By end of October a lot of regularisation exercise plan by Sumatec will be completed.
If you trust the management then treat this counter as your investment counter for 1year probably you will be rewarded handsomely. Meanwhile careful as the volatility is wide, good for swing traders & for those who have "strong heart"

Ai ya.... got ESOs 0.35 surely sell first lah above 0.60 making >85% gain
Later buy back ex- right issue 0.25 - 29 (only speculating)
You need to believe in this company, buy & hold.
Don't buy the share buy the company. Oil production now is 1000 barrels per day.
Targeting 4000 - 5000 barrels by end of 2014.

This counter don't follow bursa.
Suka suka naik suka suka turun.

Ini abang Aji suka tekan brake. After build up momentum suddenly penyek....
Got sickness Alzheimer or it it due HAJ season, all directors go to Mekah.
Then have to wait till season over by end of October.
Suppose to close at least 0.80 but down to 0.785. Apa ni?
Now back to gear 1, If no UP movement tomorrow better look at Puncak.
From O&G to water counter... boleh minum air banyak banyak sampai kembong.

Sleeping beauty ... Sampai "coma"
Chart already show reversal sign, yesterday dragon fly doji, today graveyard doji,
Stockastic, MACD already cross, RSI improved, WR 43% apa lagi.. Go up lah.
If everyday open & close price same then be prepared to get a few more dojis meaning cannot "show me the money" but show only " dojis"
Very much "accumulation mode" with NO volatility. So no money lah...
Patience ... A few more weeks probably,

whole last down from 0.8 to 0.46. Probabably this week climb up again to 0.70.
But now block at 0.66. If a lot of T4 today there will be heavy sell down back to 0.55 - 060
Also due to long weekend. Monday public holiday Malaysia day.

It's just a regularisation plan. Since Sumatec is PN 17 company they're informing Bursa what their future plan. There're are 8 proposals which the need to undertake to get out of PN17

Scomi, woke up yesterday after long hibernating but today still feeling tired continue to sleep....
I think Shah overwork need more rest. Cukup cukup lah tidor tu nanti sembab.

It will only touch bollinger band @ price 0.45.
RSI , WR -90 oversold , So still no sign rebound
Confirm rebound if can break resistance 0.50 ... otherwise stay out man.

Probably mid week October. Only my guess

Suggest buy after ex- date.
Good to buy if can get 0.45 may be tomorrow

If ex-date price 0.45 then adjusted price will be in range 0.20 - 0.23
Looking at his discount of 25% only. Right issue 0.17. Better buy after ex-date as possibility to get lower price without having to go for right issue which is no longer attractive.

I think a discount of 30% of ex-date price is acceptable in right issues.
If issue price is 0.175 then 0.25 is possibility of adjusted price of the share
So possibility ex-date price will be in the range of 0.50 0.52

If become antique than I'll go to Jonker Street. buy nice antique casing to store.
Antique can be valuable overtime...

Frank Ya lah agree my entry was "WRONG TIMING" I still have the 10k @ 0.430, I'll keep this for souvenir. I better go to other O&G counter like Alam, SKPetro or THH. The risk-reward ratio is more attractive right now, besides fundamentally they are better than KNM.
Good luck to all KNM lovers.

I started with KNM @ price 0.90 hold for 1 month - cut loss @ 0.80 .. Cry ..loss a lot.
I decide to trade in Takaful @ 3.90. Wah..... Scarry from cheapo stock to high price stock but fundamentally Takaful was strong & undervalued. Now Takaful went up high @ 9.00
I decide to buy KNM when price 0.50 (stubborn) as it Oversold for few weeks.
Alamak!! Keep going down. Cut loss @ 0.48. Buy huge amt @0.45. Manage to sell @ 0.49. Then when price get Oversold again @ 0.430 I test buy with small lot buy
Kali in kena...price drop to 0.420.
Ai yo yo.. I don't have much luck with KNM even guided by TA pun kena pancong luckily buy 10k lot only. Frank yr analysis on KNM make me 1000000 times to invest in this counter. Thank you Frank.

Mr. Ooi, I'm newbies, trading experience only 1 year.
Six months ago start learning TA . It has improved my trading tremendously.
I use 4 indicators - RSi, Stochastic, Bolinger bands & WR
I constantly check on EMA & SMA.
To me people's perception of the share is reflectted in the price.
Sometime the price is already oversold which gives "call buy" signal but the share price keeps going down sometimes over 2 weeks e.g MAHSING & SKPetro.
So bottom line is "trade what you see not what you think". Knowing TA is a great help.
Thank you Mr.Ooi.

What do you mean by "dangerous"? Is it becos of of price keep going up?

I had bad experience with KNM too holding 100k lots @ 1.03 but price keep going down.
Instead of cut loss ( this i a mistake) I decided to hold & left it alone as if I No longer hold this stock. I start to learn TA buy new counters & start making money. I wait for good opportunity to come in again for KNM
When KNM becomes 0.50 & oversold I buy 200k & sold @ 0.54
Last month oversold again when KNM price @ 0.44 buy 300k & sold @ 0.49.
Wah..at last manage to square after 2 years if put money in FD lagi bagus.
Good lesson to learn - take loses when it is small & never hold to non fundamental stock as It is real agony.

DELEUM is my darling, Hold price 1.76 from last year. Gave bonus issue & dividend 10 sen. Make good returns.
Today sold all... Feel happy but sad as no longer in my portfolio.

Yahoo80, I know you meant well, but the way you phrase your remark make people "GERAM" . Now THH Sudah naik & break resistance 0.750 next 0.80. Today to break 0.80 unlikely as it is beyond ATR 5 sen range. Perhaps next week who knows if not much profit taking.

Hope you get yr TP 0.78 today.