Focus on what can you can control, forget about the rest. What you can control is interpret price volume action, price trend direction , what price to buy in, whether is it worth the price to buy in, what is its value, is it worth to buy, if yes.. how much to buy in, what price to sell, how much to sell. Don't make an ass of yourself by focusing on subject matters, hear noises which is airy fairy, feel goody to yourself on airy fairy subject matters but totally gives zero benefit to yourself and which you totally do not have any clue nor influence. For starters, do you have any idea on price volume action , price trend direction, what is its intrinsic value versus current market price?

MYEG recent Rebound had failed my expectation of a stock which has been touted as a semi blue chip. I had expected a much stronger rebound towards resistance of 2.68-2.75 but this was not the case. It appears that trapped investors are getting out with speed.

Today it closed @2.61 below its closing yesterday@2.67. Since it peaked on 23/3/2015, it had registered two lower highs and two lower lows. Today it confirmed the second lower high. Ethan Cheong is spot on...expect second selling wave next week which most likely will retest its recent low or even hit new low.

lambat laun nilai rinngit akan naik, ekonomi Malaysia akan pulih dan berkembang,harga minyak dan harga komoditi lain juga akn pulih.....tunggu ja.....

This is another DARK HORSE which will soon gallop away to higher HIGH mountain. Still in early phase.

Already in lah. Now waiting for further CAPITAL APPRECIATION and HIGHER DIVIDEND PAYOUT.

i respect atas pandangan anda tetapi ini lah pendirian tersendiri yg di suarakan oleh anda tadi ni..jangan lah terlalu di terpengaruhi oleh emosi terbiar akibat kejatuhan harga saham MYEG.....relaks lah....

Ribuan terima kasih Ayam Tua..ribuan terima kasih...hidup hidup Ayam Tua!!

stok saham ni memang takda oomph!!! dah tunggu lama...kelakuan saham ni tak berpatutan dgn status "BLUE CHIP"...jikalau saham ni betul2 ada oomph, sila lah tunjukkan oomph..tak perlu tunggu lagi.....kembarkan lah oomph dgn seta merta..

Dark horse galloping away....ride on it, savor the breezy fresh air gushing against your face and enjoy the thrill of riding a dark horse going up the mountain top....hahahaha

eh..eh..pakar2 saham di ruang ni kata saham ni "blue chip"..namun begitu, kenapa harga saham turun cepat, naik lembik lepas tu turun cepat lagi???
ada kah saham ni bernilai saperti yg di perkatakan oleh pakar2 saham di ruang ni?.... atau... ada kemungkinan besar ...value saham ni lower than market price atau VALUE TAK SEIMBANG DGN MARKET PRICE? betul kah???

cepat turun..naik lembik...apa ni!!!

Cepat naik langit lah...I dah bosan tungguuuuu...I nak beli jam tangan baru lah... ni semi blue chip tapi rebound amat lembik..kesian..

Undervalued gem lah...fundamentals will continually improve over time...GORENG?? Well..,.that's another supporting catalyst to push share price UP UP UP!!!!

If it cannot overcome 2.68 then it will go down to retest the lows...maybe it need more time...

Ayoh...Never even hit first resistance price @2.68 and yet correction started downward again. When will it overcome resistance@2.68-2.75??? Was the last minute push up late evening yesterday aimed to off-load today??

The Oil & Gas stocks had already crashed in BURSA since last year. Last night WTI Crude Oil hit a higher high of USD 58/bbl after FOUR attempts to penetrate the WTI Crude Oil resistance of USD 56/bbl.Prior to this, WTI Crude Oil price had hit TWO HIGHER LOWS since it bottomed.

This signify that downtrend for WTI Crude oil price is over and the worst is also over for Oil & Gas stocks in Malaysia. It is timely now to get on board the Oil & Gas train in BURSA as it is already in process to leave the train station...

WTI oil price had already penetrated upward the down trend line in early march 2015. It challenged the USD 56/bbl Resistance FOUR times without success but last night it just managed to penetrate upward the USD 56/bbl resistance and closed @USD 58/bbl. WTI Crude Oil had hit 2 higher Lows and one Higher High since it bottomed in mid march 2015.

This signify that the downtrend for WTI Crude Oil is over. Key question now is...Will WTI Crude Oil trend sideways with slight upside bias now or start trending upward from now onward with intermittent correction along the way up?

The Oil & Gas stocks had already crashed in BURSA since last year. Last night WTI Crude Oil hit a higher high of USD 58/bbl after FOUR attempts to penetrate the WTI Crude Oil resistance of USD 56/bbl.Prior to this, WTI Crude Oil price had hit TWO HIGHER LOWS since it bottomed.

This signify that downtrend for WTI Crude oil price is over and the worst is also over for Oil & Gas stocks in Malaysia. It is timely now to get on board the Oil & Gas train in BURSA as it is already in process to leave the train station...

The Oil & Gas stocks had already crashed in BURSA since last year. Last night WTI Crude Oil hit a higher high of USD 58/bbl after FOUR attempts to penetrate the WTI Crude Oil resistance of USD 56/bbl.Prior to this, WTI Crude Oil price had hit TWO HIGHER LOWS since it bottomed.

This signify that downtrend for WTI Crude oil price is over and the worst is also over for Oil & Gas stocks in Malaysia. It is timely now to get on board the Oil & Gas train in BURSA as it is already in process to leave the train station...

The Oil & Gas stocks had already crashed in BURSA since last year. Last night WTI Crude Oil hit a higher high of USD 58/bbl after FOUR attempts to penetrate the WTI Crude Oil resistance of USD 56/bbl.Prior to this, WTI Crude Oil price had hit TWO HIGHER LOWS since it bottomed.

This signify that downtrend for WTI Crude oil price is over and the worst is also over for Oil & Gas stocks in Malaysia. It is timely now to get on board the Oil & Gas train in BURSA as it is already in process to leave the train station...

WTI oil price had already penetrated upward the down trend line in early march 2015. It challenged the USD 56/bbl Resistance FOUR times without success but last night it just managed to penetrate upward the USD 56/bbl resistance and closed @USD 58/bbl. WTI Crude Oil had hit 2 higher Lows and one Higher High since it bottomed in mid march 2015.

This signify that the downtrend for WTI Crude Oil is over. Key question now is...Will WTI Crude Oil trend sideways with slight upside bias now or start trending upward from now onward with intermittent correction along the way up?

WTI oil price had already penetrated upward the down trend line in early march 2015. It challenged the USD 56/bbl Resistance FOUR times without success but last night it just managed to penetrate upward the USD 56/bbl resistance and closed @USD 58/bbl. WTI Crude Oil had hit 2 higher Lows and one Higher High since it bottomed in mid march 2015.

This signify that the downtrend for WTI Crude Oil is over. Key question now is...Will WTI Crude Oil trend sideways with slight upside bias now or start trending upward from now onward with intermittent correction along the way up?

WTI oil price had already penetrated upward the down trend line in early march 2015. It challenged the USD 56/bbl Resistance FOUR times without success but last night it just managed to penetrate upward the USD 56/bbl resistance and closed @USD 58/bbl. WTI Crude Oil had hit 2 higher Lows and one Higher High since it bottomed in mid march 2015.

This signify that the downtrend for WTI Crude Oil is over. Key question now is...Will WTI Crude Oil trend sideways with slight upside bias now or start trending upward from now onward with intermittent correction along the way up?

Rebound will continue...won't end so soon.

The Biggest resistance ahead is 0.655 to 0.71.If 0.71 resistance is taken out convincingly, price will move to much higher levels and 0.71 will be the next major support.

Major immediate resistance ahead @0.615-0.645 but recently well supported @0.525-0.545

Talking about Fundamentals without proper basis of determining the assumptions to arrive at the intrinsic worth and supported by sensitivity analysis to determine the riskiness of accepting a certain intrinsic value is just as good as remaining silent. The value of intrinsic worth as determined by fundamental valuation varies according to the assumptions used in determining the intrinsic worth. Different people can arrive at different intrinsic worth of the same company.

To cut a long story short, better focus on PRICE, VOLUME action and PRICE TREND direction.

As expected,it's a rebound off oversold status. Immediate resistance @2.68-2.75. Trend reversal will only occur if it manages to penetrate upward 3.07 and stay above 3.07.

It had registered two lower lows and one lower high since it peaked on 23/3/2015. Will it achieve a second lower high or a new higher high in the near term ?

As it is not certain now that there will ever be a trend reversal, it's prudent to sell into strength at immediate resistance.

Right now, it is just rebounding off its recent low.

There is no necessity to be unduly biased in one's take on expected oil price movement, holding onto a biased view and in the process making hasty decisions that one regrets eventually. Based on chart trend, WTI oil price had already penetrated upward the down trend line. This is the 4th time that WTI oil had challenged the USD 56/bbl resistance. The law of nature says that any resistance if challenged numerous times will also break.

Just focus on the price volume action n free oneself from any biased views.

So what r u driving at? What is the basis of your decision making?

Just look at ifca n myeg trend.....it says alot

Ifca biz model is competitive n very scalable both locally n overseas esp in China n Indonesia. The threat to ifca biz model is always lurking in its vicinity. MYEG is not in league with ifca. Moreover it no longer has the monopoly biz as we all know it....ifca is still uptrending whereas MYEG has started on its downtrend.

Golden rules in stock investment
Rule No 1: Identify the main trend, individual stock trends
Rule No 2: Let the trend be your friend, respect the trend direction
Rule No 3: Get into stocks in early UPTREND mode
Rule No 4: Get out of stocks at top of uptrend or in early downtrend
Rule No 5: Don't forget the above 4 rules

This will avert making high volatility "pusing belakang, belakang pusing " investment decision....hahahahahaha

That implies Alpha transforms into HIGH BETA....lots of volatility in investment decisions ....hmmm what's the root causal factor/factors for high volatility in investment decisions....in local terminology..its "belakang pusing sambil pusing belakang" investment decisions.....hahahaha

UZMA train had already left the station. Congrats to those who got into UZMA train. Condolences to those who sold out UZMA to buy MYEG at higher prices...

Major shareholders are accumulating...join them to accumulate more..

Major shareholders are accumulating...join them to accumulate more..

I can see that GLOTEC is under slow discreet but low profile accumulation at 0.07 -0.075 whereas the major resistance is at 0.10-0.105. So the risk reward favors entering at 0.07-0.075 as there will be significant selling at major resistance@0.10-0.105. I have entered at 0.07.

I can see that GLOTEC had been under slow discreet but very low profile accumulation over the past 13 weeks .. from 23/01/2015 onward. The key question for any investor is "How much are the CBM reserves in the 3 Indonesian concessions worth in $$$/share? I don't have the answers to that at the moment".

GLOTEC had been under slow discreet but very low profile accumulation over the past 13 weeks....from 23/01/2015 onward

AyamTua,
God willing your prayers shall be answered affirmatively in near future.

Looking at GLOTEC chart pattern, current resistance at 0.07-0.075 is a major resistance. Looking at chart characteristics, resistance@0.075 will be overcome in due time.

Once 0.075 has been taken out, the next major resistance will be @0.10-0.105 which is 50% stronger than current resistance @0.075.

The train had already left the station. Congrats to those who got on board. Condolences to those who sold out..

Next resistance@2.60-2.65 will be overcome in due course. Next major resistance will be @3.24-3.30. Once this has been taken out, it will be fresh breezy air, lovely sunshine with clear blue skies ahead.

MYEG current biz model is not what it used to be...it had lost its monopoly status. Any one still harbouring the hope that this stock can continue to scale higher highs is only dreaming and hoping...the reality is its uptrend had ended and downtrend had started two days ago. Capital Preservation now takes precedence over wishful hope of future profits...most likely it will be future greater losses.....SMART money had been cashing out since January 2015 as evidenced by persistent Top Deviation vide pushing up its price to distribute to newbies, the hopefuls and the gullible investors...

First rebound will be relatively stronger than the subsequent rebounds....

MYEG Uptrend had ended. Today is second day of downtrend. It is still in early downtrend phase . It will indeed be an enormous try for its revised biz model to propel its share price up any further as it had lost its monopoly status. Experienced investors still holding the shares will most likely take advantage of any rebound to sell into strength.

Downtrend had just started...

MYEG confirmed its DOWNTREND yesterday. It had already broken its immediate short term support @ 2.68-2.78 on 9/4/2015 when it closed @2.60. Yesterday it closed @2.56. Immediate resistance@2.59-2.65

Immediate Support 1 @ 2.33- 2.44 with next lower Support 2 @2.00-2.10. If 2.00 support breaks, it will find it own bottom and thereafter trend sideways.

EVERGREEN is a cyclical turnaround stock.

SMART MONEY had been patiently cashing out since January 2015.

This stock had already topped. MYEG TOP DEVIATION started on 15 January 2015. Market had already VOTED on its revised biz model with clearly visible head and shoulders. Today it just confirmed its RIGHT SHOULDER and its now at beginning of downtrend.