Attended numerous technical charting courses in town. Currently, still work as a Remisier (> 23 Years experience) in Malaysia. Competed in 2015 stock pick competition, made 129% gain in 12 months. I was the champion of 2015 stock pick competition in I3investor.com.
Followers
287
Following
1
Blog Posts
18
Threads
11,548
Blogs
Threads
Portfolio
Follower
Following
2023-10-06 09:38 | Report Abuse
Based on FA, the chance for the share price of YTLPower to move up north is higher than the chance for the share price of YTLPower to move down south.
No one knows the right answer, it is the strategy that counts.
No right or wrong.
2023-10-05 17:27 | Report Abuse
Posted by dragon328 > 3 minutes ago | Report Abuse
Not helping was the abortion of the deal for KLK to take over BPlant. That gave a bad impression to foreign funds as in our free capital market is easily disrupted by politics and government policy.
-----------------
I agreed with you.
When I read the news I feel very sad for Malaysia and KLSE.
I want to buy the Sukuk/bond from LTAT, I am very angry on this news and I finally cancelled my purchase.
Thank you.
2023-10-05 17:23 | Report Abuse
Dear dragon328,
Most of investors are worried on higher bond yield and another round of interest rate hike at the end of 2023 in the U.S.
Do not blame investors in KLSE, last 3 years of bear market in KLSE, many old timer investors lost a lot of money until they are frightened to invest on a longer term basis.
The present style of investing in KLSE is to make peanut profit and run for life.
My 2 cents comment.
2023-10-05 17:15 | Report Abuse
Posted by Apple888 > 6 minutes ago | Report Abuse
Price now 1.90
Rr88 beaten otb
----------------
Ya loh.
OTB is so stupiid, make so much profit still did not sell.
Warren Buffett is even more stupiid, buy BYD at 1.00 in 2007, still did not sell at 232 now.
I can hold my Supermx in 2020 at 3.60 until 24.00, who is the real winner finally ?
Do not waste my time to argue, I know what is investment in share.
I am not the person who is good to make 3 cents profit only.
Continue to laugh at me, definitely will not lose in YTLPower because I am still in very big profit.
Thank you.
2023-10-04 22:45 | Report Abuse
Dear dragon328,
You are using fundamental to derive your answers.
I am using Fibonacci projection to project the potential share price for 2023.
161.8% - 3.18
1.50.0% - 3.00
138.2% - 2.82
123.6% - 2.60
100.0% - 2.24
78.6% - 1.91
61.8% - 1.66
Downside
1.91 - 1.88
I hope the strong support at 1.91 will not broken (closed at 1.92 today).
1.66 - 1.78
The next support will be at 1.66.
Upside
2.60 - 2.67
2.82 - 2.90 (average of 2.80 and 3.00)
3.00
3.18 - 3.12
I think my number almost meet your number.
You can use it as a reference.
Thank you.
2023-10-04 13:16 | Report Abuse
I made multi million profit from KLSE.
I have my records to show in I3.
------------------------
rr88 lost 15 million in KLSE year-to-date.
rr88 lost almost all trades in YTLPower, Armada and UEMS.
rr88 will lose in KLSE until bankrupt.
2023-10-04 13:06 | Report Abuse
I recommended YTLPower around 1.00 to 1.10.
Who dare to screw me ?
I will fight back and curse him until he dies especially rr88.
I never tell any lie here and I did not bullshit like rr88 in I3.
Please show me any article I posted in this forum is not based on facts and figures.
-----------------------
rr88 lost 15 million in KLSE year-to-date.
rr88 buy shares on contra only, he has no money to pick up shares with cash.
rr88 has no technical analysis skill, he simply bullshit on candlestick rule and chart pattern.
There is no "head and shoulders" chart pattern in YTLPower share price chart now.
rr88 just simply telling lies and bullshit in I3.
When KLSE is bearish, he will come out to attack YTLPower because he had been wrong on his predictions on YTLPower all the time.
----------------------
I do not simply telling lies and bullshit in I3 like rr88.
There is no "head and shoulders" chart pattern in YTLPower share price chart.
rr88 is just telling lies to frighten away all innocent investors in I3.
rr88 just simply telling lies to all investors in 2020 to sell away Supermx share from 5.00 to 20.00.
His action caused all investors to lose money making opportunities in 2020.
rr88 never feel guilty and never change, still behave the same way to tell lies in I3.
2023-10-04 10:39 | Report Abuse
You can express your opinion in I3 freely.
I welcome second opinion so that we do not invest wrongly on the stock.
You must read the technical chart according to candlestick rules if you use candlestick.
You cannot read the candlestick chart rules to suit you and tell big lies in I3 to frighten away all investors. I believe it is not fair to use this dirty technique.
Everyone should have his responsibility to ensure all readers will benefit from his posting.
Bullshit and telling lies are not welcome here.
Please note that there are many TA experts in I3.
You cannot cheat all the people all the time in I3.
2023-10-04 10:17 | Report Abuse
Our KLSE has not performing well over the last 30 years.
I still remembered FBMKLCI was at a record high at 1,332 in January 1994, the FBMKLCI increased only 100 points until 2023.
JSX or Indonesian stock market has increased 650% in the last 30 years.
I believe KLSE will catch up in the next 3 years.
All investors invested in KLSE will do well in the next 3 years.
My 2 cents comment only.
The final decision to buy is always yours.
Thank you.
2023-10-04 09:57 | Report Abuse
The share price of YTLPower will drop to 1.30, why buy at 1.92 ?
2023-10-04 09:42 | Report Abuse
rr88 lost 15 million in KLSE year-to-date.
rr88 buy shares on contra only, he has no money to pick up shares with cash.
rr88 has no technical analysis skill, he simply bullshit on candlestick rule and chart pattern.
There is no "head and shoulders" chart pattern in YTLPower share price chart now.
rr88 just simply telling lies and bullshit in I3.
When KLSE is bearish, he will come out to attack YTLPower because he had been wrong on his predictions on YTLPower all the time.
2023-10-04 09:34 | Report Abuse
I recommended YTLPower to my group when the share price was around 1.00 to 1.10.
I invest in a bit longer term, I expect the share price of YTLPower to go to 4.00 in the next 1 to 2 years.
I cannot find any good stock like YTLPower, hence I still hold on to this stock.
I am laughing all the way to the bank now.
I hold on to YTLPower share because I believe in dragon328's articles on YTLPower.
------------------------------
I do not need to run away from I3.
I am not so poor like rr88 to buy on contra because rr88 has no money to pick up the shares with cash.
I am not so poor like rr88, I do not buy 1 or 2 lots only.
I sailang on YTLPower.
Thank you.
2023-10-04 09:08 | Report Abuse
There is no "head and shoulders" chart pattern in YTLPower share price chart.
rr88, do not tell lies and bullshit in I3.
2023-10-04 09:06 | Report Abuse
There are many TA experts in I3.
I interpreted technical charts according to the rule of candlesticks.
Please tell me which part of my postings is wrong.
Please enlighten me.
I do not simply telling lies and bullshit in I3 like rr88.
There is no "head and shoulders" chart pattern in YTLPower share price chart.
rr88 is just telling lies to frighten away all innocent investors in I3.
rr88 just simply telling lies to all investors in 2020 to sell away Supermx share from 5.00 to 20.00.
His action caused all investors to lose money making opportunities in 2020.
rr88 never feel guilty and never change, still behave the same way to tell lies in I3.
2023-10-04 08:58 | Report Abuse
I never run away from I3.
If I post my recommendation wrongly, I will apologise in I3 sincerely for my mistake.
I do not tell lies in I3.
-----------------
I recommended many stocks in I3 since 2013.
Based on my performance records, many readers who followed my recommendation would make a lot of money in KLSE.
Many readers who followed my recommendation on Supermx in 2020 have made "million" in profit.
I feel very pleased and happy when my recommendation made a lot of money like my recommendation on Supermx in 2020.
My intention is to help readers here to make a lot of money from KLSE.
In 2023, my recommendations on AAX, Armada, YTL, YTLPower, WCEHB and UEMS are doing very well, I feel very happy on my performance so far.
Thank you.
2023-10-02 09:53 | Report Abuse
Affin Hwang Investment report on foreign funds participation.
Dated 27/9/2023 transaction.
Buy=566, Sell=539. Net buy 27 million.
Dated 29/9/2023 transaction.
Buy=615.8, Sell=538.5. Net buy 77.3 million.
Thank you.
2023-10-01 14:53 | Report Abuse
Disclaimer :
No one can predict the share price accurately all the time.
I want to stress that there is no 100% sure on the accurate movement of the share price.
Likewise, the candlestick chart pattern is also served as a guide only, not 100% sure it is correct all the time.
-----------------------
What Is a Hammer Candlestick?
A hammer is a price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies within the period to close near the opening price. This pattern forms a hammer-shaped candlestick, in which the lower shadow is at least twice the size of the real body. The body of the candlestick represents the difference between the opening and closing prices, while the shadow shows the high and low prices for the period.
1.) Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow.
2.) The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price.
3.) The close can be above or below the opening price, although the close should be near the open for the real body of the candlestick to remain small.
4.) The lower shadow should be at least two times the height of the real body.
5.) Hammer candlesticks indicate a potential price reversal to the upside. The price must start moving up following the hammer; this is called confirmation.
Further confirmation on trend reversal.
1.) I wish to see the closing price of the candle on 2/10/2023 to be higher than the high of the candle on 27/9/203 at 2.07.
2.) If the share price of the candle closes on 2/10/2023 is higher than 2.07, then the trend reversal is double confirmed.
3.) The 3 candles on 27/9/2023, 29/9/2023 and 2/10/2023 formed a "Morning Star" chart pattern which is a strong trend reversal signal.
4.) If a "Morning Star" chart pattern is confirmed, there is a good chance that the share price of YTLPower will break 2.24 which is the Pivot line of a "Cup And Handle" chart pattern.
5.) Once the "Cup And Handle" chart pattern is confirmed, there is a good chance for the share price of YTLPower to move up north to 2.90 in 2023.
Good luck to all investors here.
Hope you will be laughing all the way to the bank.
Thank you.
2023-09-29 16:16 | Report Abuse
When you write sincerely and honestly, the god will bless you and reward you accordingly.
When you do a lot of harms to all readers here, the god will not bless you.
Market will punish you severely.
Always do a lot of good deeds here.
2023-09-29 16:00 | Report Abuse
Dear klee,
Ok.
Thank you.
2023-09-29 15:43 | Report Abuse
There are many TA experts in I3, rr88 never ever bullshit here.
Do not twist the facts to suit you.
Read the TA chart correctly.
Do not know, learn from all sifu here.
rr88, do not tell lies in I3.
2023-09-29 15:08 | Report Abuse
Posted by CIO888 > 14 minutes ago | Report Abuse
@ Mr. OTB, what is the TA reading now?
-------------------------
Daily chart
There is a double top at 2.24.
The share price is undergoing a correction.
Strong supports are at 2.01 and 1.88 respectively.
If the share price can break above 2.24 within 2 weeks, then the chart pattern formation is called "Cup And Handle" chart pattern which is a very bullish chart pattern.
The uptrending is still intact as long as the aforesaid support at 2.01 and 1.88 respectively are not broken.
The share price of YTLPower is still in a technical bull market, hence the chance to drop below 1.88 is very slim.
Weekly chart
The Weekly MACD is still a buy signal, no worry.
Thank you.
2023-09-28 21:15 | Report Abuse
I recommend many stocks in I3 since 2013.
Based on my performance records, many readers who followed my recommendation would make a lot of money in KLSE.
Many readers who followed my recommendation on Supermx have made "million" profit.
I feel very pleased when my recommendation made a lot of money.
My intention is to help readers here to make a lot of money from KLSE.
I really appreciate dragon328 for all his good postings on YTLPower in I3.
I also want to help Jerichomy to make money in I3.
Unfortunately the stock that Jerichomy hoot big or sailang at that time is LayHong.
Jerichomy lost a lot of money and requested me to help him to recover.
Jerichomy requested me to recommend LayHong to my followers to support or push up the share price of LayHong.
I checked the FA of LayHong at that time, unfortunately the FA cannot passed my stock selection criteria.
Hence I turned down Jerichomy's request politely that I cannot help him because the FA of LayHong cannot pass my stock selection criteria.
If the FA of LayHong at that time is good and meet my stock selection criteria, I would have helped him to recommend LayHong to my followers and also posted my recommendation in I3.
Thus it is very unfair for Jerichomy to blame me non-stop in I3.
It is not my fault and I cannot simply recommend a lousy stock in I3 and also to my followers.
I also feel sad that Jerichomy lost in LayHong until bankrupt.
I know the bitterness or bad feelings of Jerichomy to be a bankrupt.
Even how good this YTLPower is, Jerichomy has no chance to buy this super FA stock now.
I hope that a miracle will happen to Jerichomy so that he can relieve from his bankruptcy.
I am so sorry that I cannot help Jerichomy right now, please stop to blame me, Jerichomy.
Thank you.
2023-09-27 15:48 | Report Abuse
TA of YTLPower is still an uptrending chart.
FA of YTLPower is still continue to make more profit or PAT in FY2024.
This correction is a normal correction.
No share price can go up in a straight line, it needs a correction in order to break new high.
Thank you.
2023-09-26 14:27 | Report Abuse
Source: CGSCIMB Report.
Yinson is scheduled to release its 2QFY24F results on 29 Sep 2023.
We reiterate Add, with an unchanged SOP-based TP of RM3.57.
We expect Yinson’s 2QFY24F PATAMI to exceed 1QFY24’s RM208m, as Yinson will book in the full BBC rate from the FPSO Anna Nery which achieved first oil on 7 May 2023; this is the key re-rating catalyst.
The standby rate for the Anna Nery from 3 Jan 2023 up to the day prior to first oil on 6 May 2023 is still under negotiation with the charterer; hence, Yinson may only be able to book this in 3QFY24F or 4QFY24F.
Downside risks include project execution challenges, and higher than-expected borrowing costs.
2023-09-26 12:16 | Report Abuse
Posted by Permutation > 45 minutes ago | Report Abuse
OTB, talking about energy stock. what is your take on Yinson ?
------------------------
Permutation,
Energy Index is also in a technical bull market.
I believe Yinson share will move up north after Q2 July 2024 result to be released in September 2023.
The share price of Yinson cannot perform because EPF is selling Yinson shares non-stop for no good reason or the reason I do not know.
Investors are saying total borrowing is too high.
Yinson has a total order book of RM 110 billion.
A total borrowings of 10 billion is less than 10% of the order booked.
At end-April, the group had a cash balance of RM2.02 billion against total borrowings of RM10.52 billion. Its net gearing stood at 1.8 times, compared with around 1.3 times among local utility players, according to data from Asia Analytica.
Yinson has 3 major FPSO contracts to be in operations in the next 2 years.
The pretax profit margin for chartering service is 39.6%.
The pretax profit will be at record high after 2024/5.
Yinson is good for a longer term investment.
According to the below IBs, the target price in 2023 is as follows :-
CIMB - 3.50
Kenanga - 3.65
Maybank - 5.05
UOB - 4.05.
Please read the below link.
https://theedgemalaysia.com/node/681667
https://theedgemalaysia.com/node/682936
Thank you.
2023-09-26 11:02 | Report Abuse
I am positive on Malaysia stock market or KLSE over the next 3 years because our PM DSAI has done a good job to attract FDI and foreign funds to invest in our KLSE.
Focus on technical bull market sectors to win big in the next 3 years.
If the stock and the sector are in technical bull market, the stock and sector will perform very well even FBMKLCI is still in a technical bear market situation.
YTLPower is a stock in a technical bull market, likewise, Utilities Index is also in a technical bull market scenario. No reason for YTLPower to drop until 1.28 ... I repeat ...
Our KLSE has not performing well over the last 30 years.
I still remembered FBMKLCI was at a record high at 1,332 in January 1994, the FBMKLCI increased only 100 points until 2023.
JSX or Indonesian stock market has increased 650% in the last 30 years.
I believe KLSE will catch up in the next 3 years.
All investors invested in KLSE will do well in the next 3 years.
Thank you.
2023-09-26 10:44 | Report Abuse
I recommend a buy on AAX, Armada, UEMS, YTL and YTLPower in 2023, all these stocks are performing very well in 2023 todate.
I have taken my profit on AAX only because I made > 100% gain.
I recommend a buy on YTLPower to all subscribers around 1.00 to 1.10.
I do not recommend a stock to make only 3 sen, I recommend a stock to make at least 30% gain, otherwise, I do not recommend the stock.
For YTLPower, I have made > 100% gain todate.
Should I sell YTLPower now ?
I did not sell, I still add position on this stock.
I may consider to sell some at 2.90 and keep the rest for a longer term investment.
It is so difficult to select a good potential stock to win big, I do not wish to simply sell it unless the PAT dropped a lot in next quarter result or the technical chart showed a downtrend.
So far, both TA and FA are still very good, no reason to sell them.
I still believe in dragon328's report, I really appreciate and respect dragon328 for his postings.
I am not like rr88, simply bullshit and telling lies in I3.
I talk with facts and figures and I have very good records in I3 to prove that I made a lot of money in KLSE.
I treasure my reputation, I do not simply post and recommend a lousy stock in I3.
I will apologise to all readers if I recommend a loss making stock in I3.
So far, those readers followed my recommendations since 2013, I believe they made a lot of money.
Thank you.
2023-09-23 19:25 | Report Abuse
YTLPower management guided for earnings sustainability for next 3 years.
I am positive on Malaysia stock market or KLSE over the next 3 years because our PM DSAI has done a good job to attract FDI and foreign funds to invest in our KLSE.
Focus on technical bull market sectors to win big in the next 3 years.
If the stock and the sector are in technical bull market, the stock and sector will perform very well even FBMKLCI is still in a technical bear market situation.
The share price of YTLPower is in a technical bull market. No worry !!
HL has underestimated a total of RM22.3 billion or RM2.75 per share.
If added, the SOP valuation of YTLPower should increase to RM3.23 + 2.75 = RM5.98 per share. Minus 10% holding discount, YTLPower SOP value should be around RM5.38.
Hope to see you at RM5.38 in 3 years down the road.
Thank you.
2023-09-22 17:39 | Report Abuse
KLV868,
I may not understand your question fully, I just try to answer your question.
If I answer wrongly, please raise your question again in more detail manner.
If I am not wrong, these orders (both buy and sell orders with same quantity) are married deal orders. These orders are restricted to the named or designated brokers only, others cannot execute these orders.
Once the married deals are done by both designated brokers, these orders are disappeared from the screen as if these orders are cancelled.
Hope I explain your question correctly.
Thank you.
2023-09-22 15:33 | Report Abuse
https://www.malaysiakini.com/news/680105
https://www.malaysiakini.com/news/680085
I am positive on Malaysia stock market or KLSE over the next 3 years because our PM DSAI has done a good job to attract FDI and foreign funds to invest in our KLSE.
Focus on technical bull market sectors to win big in the next 3 years.
If the stock and the sector are in technical bull market, the stock and sector will perform very well even FBMKLCI is still in a technical bear market situation.
Our KLSE has not perform well in the last 30 years.
I still remember FBMKLCI was at record high 1,332 in January 1994, the FBMKLCI increased only 100 points until 2023.
JSX or Indonesian stock market has increased 650% in the last 30 years.
The share price of YTLPower was at the peak at 1.43 in 2010, since then the share price has been in the downtrend until early 2023.
The share price started to move up north at the end of May 2023 after a good Q3 March 2023 result. The share price at that time is around 1.20.
The PAT for FY2010 was 1.211 billion, if PAT for FY2024 is > 2.453 billion, the target price at 2.90 is very fair.
No reason to argue that the share price has increased from 0.70 to 2.11 (21/9/2023), hence the share price cannot move up further.
The share price of YTLPower can only move down to 1.28.
This argument is not based on facts and figures, but rather base on bullshit and telling lies.
We like to listen to a second opinion so that we are not wrong, you must substantial your argument based on your facts and figures.
I will respect you a lot if you talk with facts and figures.
Thank you.
2023-09-22 15:31 | Report Abuse
Good explanation.
Thank you dragon328.
2023-09-22 14:26 | Report Abuse
Dear dragon328,
From your opinion, what is the PBT or PAT in FY2024 result for the followings ?
1.) Water & sewerage
2.) Telecommunication (5G YES)
3.) Data Centre
Please advise.
Thank you.
2023-09-22 09:56 | Report Abuse
The share price of YTLPower is in a technical bull market.
Likewise, Utilities Index is also in a technical bull market.
Even KLSE is bearish, the share price of YTLPower will continue to break new high soon.
Good luck to all investors in this forum.
Thank you.
2023-09-22 09:47 | Report Abuse
Based on FA, I try to use PAT to project share price of YTLPower in 2023/2024.
1.) Please note that Q4 Jun 2023 PAT at 1.13 billion alone is 93% of the (whole year) or annual PAT of 2010 at 1.211 billion.
2.) Highest PAT in 2010 = 1.211 billion, the share price was = 1.43 (record high share price).
3.) Highest PAT in 2023 = 2.022 billion, the share price should be = 2.39 (based on item 2 calculation).
4.) If the projected highest PAT in 2024 = 3.000 billion, the share price should be = 3.54 (based on item 2 calculation).
The PAT of FY2024 is higher than PAT of FY2023, there is a growth in PAT in FY2024.
The share price of YTLPower will move up north as long as there is a growth in PAT in FY2024.
The trading volume of YTLPower is so huge, big funds are buying this stock, hence it is very difficult for the share price to drop to a new low.
Let time tells us who is the eventual winner in this stock.
Thank you.
2023-09-21 17:40 | Report Abuse
The following events will enhance the share price of YTLPower.
Based on FA
1. Listed in FTSE Asia-Pacific index on 18/9/2023. - Completed.
2. YTLPower might be added to FBMKLCI component stocks in December's review. Presently, YTLPower ranks no 23.
3. Good Q1 Sep 2024 result releases in November 2023. I believe the result is definitely better than Q1 Sep 2023 result.
4. Tan Sri Francis Yeoh promised to give out a dividend of 15 sen for FY2024.
5. The target price set by HLIB in 2023 is 2.90, I believe it is achievable.
TA reading.
The chart pattern of YTLPower is a "Cup And Handle Chart" pattern.
The pivot line is at 2.24.
The share price of YTLPower is in correction mode now.
The correction will take about 2 weeks to complete.
Once the correction is over, the share price will break the pivot line at 2.24 soon.
Once the "Cup And Handle Chart" is well formed, the share price will break new high moving toward 2.90 level.
Let time tells us who is the eventual winner in this stock.
Thank you.
2023-09-21 17:28 | Report Abuse
I want to talk with facts and figures.
Based on TA or FA, the share price of YTLPower should be able to hit the target price set by HLIB at 2.90.
Based on TA, the trend of YTLPower chart is super bullish.
It is a strong uptrending stock, the share price will continue to break new high.
Based on FA, I try to use PAT to project share price of YTLPower in 2023/2024.
1.) Please note that Q4 Jun 2023 PAT at 1.13 billion alone is 93% of the (whole year) or annual PAT of 2010 at 1.211 billion.
2.) Highest PAT in 2010 = 1.211 billion, the share price was = 1.43 (record high share price).
3.) Highest PAT in 2023 = 2.022 billion, the share price should be = 2.39 (based on item 2 calculation).
4.) If the projected highest PAT in 2024 = 3.000 billion, the share price should be = 3.54 (based on item 2 calculation).
5.) If the projected highest PAT in 2024 = 2.422 billion, the share price should be = 2.86 (based on item 2 calculation).
6.) The target price set by HLIB at 2.90 is easily achievable if the PAT in 2024 is > 2.422 billion.
The PAT of FY2024 is higher than PAT of FY2023, there is a growth in PAT in FY2024.
The share price of YTLPower will move up north as long as there is a growth in PAT in FY2024.
The trading volume of YTLPower is so huge, big funds are buying this stock, hence it is very difficult for the share price to drop to a new low.
Let time tells us who is the eventual winner in this stock.
Thank you.
Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD
2023-10-06 09:45 | Report Abuse
Dear klee,
No worry, I just express my thought only.
Thank you.