Yes, jpl_grandmaster is experienced. This sort of pattern suggest syndicate play. Kamikaze traders were caught so many times and yet they still chase and get caught. It is like ikan bilis all getting into the net. Remember from 1.50 to 50 sen...I saw many kamikaze traders chasing only to lose their pants and underwear. But it still never fails to draw loyal supporters still hoping for a rebound. But the trend line has changed from uptrend to downtrend. So be careful...it is on the way down.

Don't chase too high...or get caught...remember tomorrow and Friday might be volatile again with the Bersih rally coming this weekend. The market might be down again these 2 days. Be safe than sorry...chasing at highs....remember it can go up fast and go down faster. Greed is our worst enemy. Just stay emotionless ...got profit just take.

Greed is coming back again....be careful. Congratulations to those who take profit. Don't wait too long. Take profit. A few rounds of hit and run is good enough. This is how to play right now.

It looks like a dead cat bounce. Be careful while chasing. The world market is getting very volatile. Even the rally in DJIA ended up down last minute.

My advise is stay out and wait. With the Bersih rallies coming, we are uncertain whether there will be another black Friday or Tuesday. So just relax and sit back. Don't be a kamikaze trader. Once the dust is settled, it is easier to see the road ahead.

Please be patient...now IFCA is on the down trend. So it is still not a good time to go in. With a lot of bad news and world economy getting a bit gloomy, it is wise to save the cash and wait. As long as ringgit kept falling down and our 1MDB issues etc is still bugging the foreign investors, our stock market will be in for a long consolidation. Look at DJIA....yesterday it was a big rebound but suddenly it dive downwards towards the end. China's rate cut did not spark any rallies...this is not good omen. We have to be careful. As far as IFCA is concerned please be patient and wait. Look at K1 tech...it is a fine example of a share diving down from 67 sen to 27 sen and yet cheap nobody dare to buy. It did rallies a few times at 30 sen level until it was exhausted and now only 19 sen.

Same that is happening to IFCA. From 1.87 to 57 sen. How much more can it come down?? What is the bottom?? I dare not say but I can say it will drop lower as the stale bull are all waiting to sell. Bargain hunters are still waiting at the 45 sen level. Lets see how it goes. But the strategy right now is to buy near support and sell near resistant. Play a few rounds and you can get back your money.

Ringgit slumps to 17-year low on emerging-market jitters, oil. Late Tumble in U.S. Stocks Dashes Hopes for Rebound. Expect markets to fall 20 to 40 percent. Asian shares seesaw as China rate cut fails to spark rally. It is better to sell on strength now and avoid chasing near resistant. Do not chase high and be trapped as bullets are limited. We need to one shoot one kill. No more mistakes.

Strong support at 16 sen. Told you...rebounded already. 18.5 sen now...hahaha..

Getting too cheap....technical rebound! But resistant seen at 58 sen. So be careful to take profit. Many were trapped and waiting to sell. The sell down is not over yet. Bargain hunters came in to support and they gambled. Volatility is expected. So monitor and take profit. Be smart.

Ringgit 4.3 already... :( Just be careful when chasing. Good luck.

https://www.ecloan.com.my/calculator/ForexRate.asp

http://www.cimbbizchannel.com/index.php?ch=biz&pg=biz_pg_forex&tpt=biz

http://www.maybank2u.com.my/mbb_info/m2u/public/treasuryRates.do?chCatId=/mbb/Business/BTRE-Treasury&programId=BTRE04-Rates&cntTypeId=0&cntKey=BTRE04.01

https://www.pbebank.com/Personal-Banking/Rates-Charges/Forex/Foreign-Exchange-Rates-(Forex).aspx

http://rhbgroup.com/products-and-services/rates-and-charges/treasury-rates/foreign-exchange/

Suggest to take profit fast as this is not a market to play long term. Hit and run first. Don't let your profit turned to losses.

Hey, still got good old kamikaze traders started to buy and push the price up again. Can they fight the great bear ? With so many bad news...how much money can they pump in? Be careful not to chase to high...or else trapped. Sell on strength.

Why no UMA??? For dropping so much...?

No more support...free fall. Same like K-1.

Let them sell. Smart investors and long term investors can buy cheap.

In the wake of the market's worst week since 2011, the question for individual investors is what to do?
Nothing, says Jack Bogle, the legendary founder of the world's largest mutual fund company, Malvern, Pennsylvania-based Vanguard Group. "I've seen turbulence in the market," he said. "This is not real turbulence."

"Don't do something. Just stand there," he quips. Aside from concerns about debt, the long-term fundamentals in the U.S. economy are sound, he pointed out. Unless you need your money in the short term, leaving your money in a portfolio with the right weighting of stocks for your age and risk tolerance still gives you the best chance for success in the long term-even in a volatile or falling market. Bogle himself isn't making a move.

Most market corrections are just that-corrections, and it's better to stay in the market to capture the rebound, which usually brings the market back up to previous levels and then some. Even the worst-case scenario -like the financial crisis and the lost decade of the 2000s-is not as bad as some investors might imagine. If you stayed invested throughout the 2000s, you would have lost an average of less than 1 percent a year, Bogle pointed out. That's substantial, but not a nightmare. Many investors lost more than that because they sold in a panic near the bottom in 2008-09.

"I have advice for long-term investors," he said. "I have no advice for speculators."

Investors Grasp for Answers Amid Wild Stock Rout The Wall Street Journal q 2 mins 5 secs ago
China Aftershocks Could Stay Fed’s Hand The Wall Street Journal q 15 mins ago

The markets are far from that worst-case scenario, though there are concerns. The Dow Jones industrial average (Dow Jones Global Indexes: .DJI) and the Nasdaq (^IXIC) both fell more than 3 percent last week, into correction territory, and the S&P 500 (^GSPC) dropped to a level that is 7.6 percent off its 52-week high. The last time the Dow closed more than 500 points lower was Aug. 10, 2011. August is often a volatile month in the U.S. stock market, because trading volumes are low.

This year, the volatility has been heightened by a handful of negative signals in the U.S. economy, including lowered earnings expectations. But what's really driving the fear appears to be concern about China. The world's second-largest economy is slowing to its weakest growth rate in more than a quarter-century, with worries rising that it won't hit its 7 percent growth target.

A decline of more than 30 percent in the country's speculation-driven market, made up largely of individual investors rather than institutions, is prompting comparisons with the U.S. stock market in 1929 or Japan's in 1989.

And earlier this month, Beijing, in a surprise move, devalued the yuan, the Chinese currency. Analysts took that as a sign that there is even more weakness in the Chinese economy that hasn't yet emerged.

Problems in China could drag the U.S. down and damage an already weakened Europe.

"We live in an uncertain world," Bogle acknowledged. "Stocks are fully priced and interest rates are already low."

Yet, history shows the worst mistake, and the one investors are most apt to make, is to sell when the market is falling. Investors underperform the market every year, because they follow the herd and sell in a panic. Not only are you likely to miss the rebound, when the market makes up losses, but if you're in a taxable portfolio, "you'd probably pay a very large tax," Bogle said.

Some analysts suggest that investors see the decline as an opportunity to buy. That's not as bad an idea, but "nobody can tell you when the market is going back up," Bogle pointed out. "Maybe one guy, and he's up in a different world, heaven."

The bottom line: Sure, there are worries. But your best move is to stay invested, control your fear and "keep your fingers crossed," Bogle said. "I don't know a better strategy."

At 63.5 sen it was considered cheap last friday...imagine those bought at $1??? $1.50??? What happen to them....even those laughing and waiting at 80 sen were caught ...Not saying you cannot buy since it is so cheap...but please be careful.

An example of a true kamikaze trader.

Shafi sapu 500,000 last Friday at 63.5 sen. Now the price is 50.5 sen. A loss of 13 sen! Wow that worked out to be loss of $65K in just 1 day!!! Jangan main2 api... If she didn't cut loss...(I hope she did) don't know what will happen tomorrow. Will IFCA rebound? Pray hard for our comrades. I felt sad for them. See her comments. Nobody can expect such a huge loss in one day. Be careful don't be a hero. Play safe.


See below comment.
Shafi Awong.
"What are you guys waiting? kasi sapu loh!!!~ 0.635 very cheap already. cannot drop some more lah!!"

"I have sapu 500,000 shares, need to keep lah!!!"

"aiya, how can gst no more few months later, you think main-main ka?
IFCAMSC income stable lah!! wait all the politician jokes over, foreign fund will sure come back one lah, now KLCI PE at 14 times, very attractive one lah!!!"

"cannot count like that one lah! Business grow, income grow mah, how can drop back to 0.06? not possible lah!!! you think Public bank investment is KUKU bird ah? sure they see the value at 0.70 then only value at 0.70 mah!!"

Because of this article many were caught dreaming. They dare to chase and chase only to lose and feel depressed, cheated and disappointed and burnt of all life savings.

Already broken 5.05 strong support. This is no good. Tomorrow might drop below 50 sen.

Better sell today. Tomorrow sure kaput looking at the scenario from today. Run faster. If tomorrow gap down kena teruk...rugi besar. makan mi maggi...

Strong support seen at 16 sen.

Yes, I agree IFCA was once a juicy sweet beautiful share...but now it has turned ugly...burning so many people and causing many to lose their life savings. So just be extra careful. The warrants are also expiring in 2016. So everything good and rosy is coming to an end.

Tomorrow if DJIA drop another 500 points...we can see below 40 sen...it looks like there is no more support as kamikaze traders are all licking their wounds and burnt.. sad day.

Sell better. Cash better...see those who bought earlier Friday....all crying now. Who dare to touch???

Yes, I sold off earlier but buy back when it dropped below 20 sen. But I think this counter is worth to buy back based on the dividends and share buy back. We will see. Just bought back some small lots to play. No harm.

Just hold and wait. Losses too much to sell now. The company agree to buy back the share. So we need to wait and let them buy back. Thats the only thing we can do. Hold tight until the storm is over.

We should support ringgit. Don't go and create more panic by buying us$ or other foreign $. Just don't do it. Some kiasu people line up at the money changer with tons of ringgit prepare to buy whatever foreign currencies. US, AUD, Sing ...everything until Sing also naik to $3... what is happening????? No wonder POA...because too many panic sellers...selling ringgit. What to do?? What is our BNM gonna to do??? How can we push ringgit up???? How????

Rinngit sheds nine sen against US dollar! Looks like the 1997 financial crisis is back to haunt us.

http://www.thestar.com.my/News/Nation/2015/08/24/Ringgit-US-dollar/

Sell...expiry 2016...lagi berapa bulan?

Yes...if war...then oil might rebound. But wishing for a war is not a good wish...many people will die. I rather I lose some money than to witness a real war to happen. Worst come to worst just cut loss and stay sideline.

Look at the charts...from July 21st 2104 the price was 18 sen. On May 18th 2015 the price was $1.87 all time high...increased 10 times profit!!!! 10K invested became 100K!!! Really a massive profit. Who don't want to take profit? Still want to chase at 56 sen??? The question now is can it go back to 18 sen??? That is the fear as the world economy is getting worst. Oil price is getting low. Ringgit is dropping. Many were afraid and are cutting loss it the chart show all major support being broken one by one every week. If your money is losing every week how you feel? Your 100 K can become 10K. For those who willing to keep for long term...it will be very painful as you watch the price getting lower and lower. All the best.

The problem now is everyone is rushing to cut loss as many were caught playing contra hoping for a rebound after it has fallen from 75 sen support. But the rebound never came. Then it dropped to 68 sen...still many chased...hoping for the rebound. But it dropped further to 63.5 sen. Then we have a big group of people making up their mind...this is real cheap...they chased and bought a lot last Friday. But today Black monday really come. Now the price is below 58 sen. This is sending shivers to those who chased at 68 sen and 72 sen...so they cut loss. And it is a rippling or domino effect...as people starts to lose confidence, it became worst. It dropped further. Why???? It is because this share started as a 20 sen share...that is the problem. At 58 sen there is still rooms for it to drop further ...that is the problem.

Bad news lining up....US market down 530 points...Bersih Rally??? Coming soon...so any good news??? Only bad news... might drop to 40 sen...better cut loss fast2. How many times Kamikaze traders kept fighting only to lose more and more? At 80 sen already fighting...a few rounds...supported at 75 sen...now what????? 58 sen already. A huge 22 sen difference....wow. Can go down to 40 sen??? 30 sen??? 20 sen??? scary...

Gone!!!!! Those sapu at 63.5 sen.... a lot got conned. 58 sen kena...as expected...it is falling down like Humpty Dumpty... Hopeless to try to push....better save your vitamin M to fight for another day.

Only panic sellers or contra players selling. Best time to buy cheap.

I salute those kamikaze traders fighting so hard to push the price above the 63.5 sen support. Just how much money can you pump in ??? A lot bought above 65.5 sen yesterday were trapped and all anxious to get out. Most will want to sell this evening because they worry for another black monday next week. The US market has fallen so much. Hope the brave souls will win this time. Good luck.

Proven...63.5 sen support doesn't hold. Free falling again. Sad case. Kamikaze traders all fighting a losing battle.

The 63.5 sen support is expected to be tested today. If break will drop to the 50 sen level. If IFCA is so good why is the company not buying back their shares? There is no major support seen so far.
If it can go up and break 75 sen, then there is still hope of some recovery.
http://finance.yahoo.com/news/us-stocks-lower-morning-trade-global-markets-fall-155312751.html

Remember we chased and chased when they announced some juicy news about sealing some deals worth millions...and all of a sudden the directors start selling pushing the price down. Now with the announcement of the QR many chase and chase also. Don't be surprise if you see all of a sudden the directors start selling again. Not telling you not to buy or sell. Just that we have been caught many times in this share. Be careful when you chase or you will suffer losses when the directors start selling. Good luck comrades.

Semua kejar...nanti tengok...turun sangkut...ingat nasihat dari orang lama....sudah kena berapa kali? Semua kata2 manis...tak berguna. Market sekarang sudah lembik. Ada untung lekas2 lari. Tunggu lama2 untung pun jadi rugi punya.

Fishing pattern again....the fish are all exhausted...being pulled....let go...pulled...let go then pulled further down...just watch out for that resistant...of 63.5 sen...if broken...we will go to 58 sen.

Game over.

How many times they play this kind ??? It is like fishing....throw you a bait....let go...pull a bit...let go...pull a bit...let go...you bite...kena..chase high...trapped....as the price slowly drop from 1.50 - 1.40 - 1.30 - 1.20 - 1.10 - 1.00 - 90 - 80 - 70 - 60.... Last time also 81.5 sen...play a few rounds...then let go... drop to 75 sen.... then drop to 70 sen....down to 68 sen....to 63.5 sen pull up a bit to 70 sen...still don't sell ?? Then they will let go...drop back to 65 sen...then slowly if fall below 63.5 sen kena trapped again...kamikaze traders all trapped at 75 sen...remember that.

I support systech...they will buy back 10% of the stock...remember that. It will rise back. So hold and be patient.

The problem is the warrants expiring on 2016. A lot of warrants are converted to mother shares diluting the price. Just don't chase anymore as your bullets are limited. The warrants kept being listed and pushing down the price. These warrants are lots. The more you buy...the more they sell. The support of 68 sen breached. Now free falling...don't be surprised it will go back to 40 sen.

The problem is the warrants conversion to mother share...a lot of additional listings. The big volume of shares are waiting to sell. Not buy. So whenever the price move up, the selling starts to push it down. A lot of buyers started to think of the rosy days ...it went up to 1.80 right?? Suppose to go above $2.50 right??? So at 80 sen they started buying and buying only to be face with another wave of selling. 68 sen now...be aware 40 sen can come with such a weak sentiment. Just hold tight or cut loss. Don't buy first..wait for the selling to finish or the ringgit to strengthen.

75 sen is a very strong support for the previous week. Now look. It has fallen down to below 70 sen. A lot of investors got fed up and sell to cut loss. They don't want to think about it and monitor the stock every day afraid it will go down another 10 sen or 20 sen. It doesn't make sense. The directors and all did not come in to support at all. Only some kamikaze traders or bargain hunters buy when they thought it is cheap...but only to drop more forcing the traders to cut loss. Remember those who chased it up to 81.5 sen???? Now they are licking their wounds...crying. No need to support. Let it free fall. No point pouring your hard earned money to try to push it. The managers or directors should come in. Not to poor traders and contra players as their power is really too weak to push the big selling wave.

Not a good sign...looks like IFCA is going back to 40 sen.

Game over.