leave it to the operator......just watch if you have collected enough.......

Why sell at 2.33?......No confident of out perform stock?...see how the operator play....Just watch....

hibernate......few months......

BUY ...anything below 2.17......Good Luck....

Sign can go very low if it breaks 0.9733......Good Luck

Resistance Level (R3) = 1.0333
Resistance Level (R2) = 1.0267
Resistance Level (R1) = 1.0133

Pivot Point = 1.0067

Support Level (S1) = 0.9933
Support Level (S2) = 0.9867
Support Level (S3) = 0.9733

Just wallup any price on monday.....

hibernate....not sure how long.......

BJ Auto already tested 2.31......To test 2.60 and above ...leave it to the operator....and watch..


Resistance Level (R3) = 2.2933
Resistance Level (R2) = 2.2667
Resistance Level (R1) = 2.2233

Pivot Point = 2.1967

Support Level (S1) = 2.1533
Support Level (S2) = 2.1267
Support Level (S3) = 2.0833

sometime cannot be greedy....

good luck

skyz ....can go above 2.43 kah?....wow....the whole market shud buy waseong... he...he...he

hold...leave it to the operator and watch...

hmmm......drop a lot......chart wise very weak.....

very close...will break 0.90 and will move on to unchartered territory...check it out...Good luck

BUY!!!!...Flying.....

http://klse.i3investor.com/blogs/PublicInvest/94726.jsp


Berjaya Auto - Management Buyout
Author: PublicInvest | Publish date: Wed, 13 Apr 2016, 10:03 AM

Berjaya Group Bhd (BGroup), a substantial shareholder of Berjaya Auto (BAuto), announced that it had entered into a MoU with key management of BAuto (BAuto Management) on the proposed disposal-cum-injection of up to an aggregate of 31.88% equity interest in BAuto into a special purpose vehicle (SPV) for a total consideration of RM766.75m or at RM2.10 per BAuto share. Essentially, it is a management buyout and we view this positively as it would dilute BGroup’s interest in BAuto and also suggest higher dividend payout by BAuto in the future. Our Outperform call on BAuto is maintained at a target price of RM2.58 pegged to 13x FY17F.

Details of the SPV. BAuto management will inject up to 114.5m shares amounting to RM240.5m at RM2.10 per BAuto share, translating to 10% equity in BAuto into a SPV. In return, the SPV will issue 240.5m new shares at RM1.00 par value to BAuto management, which represents a 66.7%-stake in the SPV. In addition, Berjaya Group will dispose its entire 21.9% stake in BAuto (250.6m shares) for RM526.3m or at RM2.10 per BAuto shares to the SPV. This proposed disposal will be satisfied via the issuance of 120.25m shares at RM1.00 par value, representing 33.3% stake in the SPV. The balance of RM406.01m will be satisfied in cash. Hence the SPV is expected to finance the cash consideration with bank borrowings. Upon completion, the SPV will own up to 31.9%-stake in BAuto.
Our take. We view this positively as we expect BAuto to distribute a higher dividend payout to its shareholders to help the SPV to repay the debt, amounting to RM406.0m. Currently, we assume a 40% payout ratio for FY16F and FY17F, which translates to a DPS of 7.1sen and 7.9sen for the respective years or a decent dividend yield of about 3.5%. We maintain our Outperform call at target price of RM2.58 pegged to 13x FY17F. We like BAuto for its asset light business model, sustainable profit margin, and attractive dividend payout.
Source: PublicInvest Research - 13 Apr 2016

follow epf lah.....

Believe it or not..... looks like will break 0.27 soon....very close.....and will move on from there on.......

Wah seong is extremely under value......current value stands at 1.57 (Graham numbers)....NTA...1.31...

hmmmm......consolidating.......

resistance cracked........will be flying......anytime.....

I confirm your statement....

-----------------------------------------------------------------------

joelyk i heard at least target 3X at current price just like travoltakeong target price,how true is it,time will tell.just keep in freeze and thaw it later.good rm0.20 penny stock with dividend throw in,what a bargain,hold on it
12/04/2016 21:42

hmmm.......been observing.....chart wise not so good....

believe it or not.....average TP nothing less 0.77.....Good Luck....

Very close ...set to take off.....

Resistance Level (R3) = 0.6600
Resistance Level (R2) = 0.6550
Resistance Level (R1) = 0.6500

Pivot Point = 0.6450

Support Level (S1) = 0.6400
Support Level (S2) = 0.6350
Support Level (S3) = 0.6300

All ressistance level crack.....

very close...shud fly anytime....

Resistance Level (R3) = 0.7600
Resistance Level (R2) = 0.7550
Resistance Level (R1) = 0.7500

Pivot Point =0.7450

Support Level (S1) =0.7400
Support Level (S2) = 0.7350
Support Level (S3) = 0.7300

very close.....to fly...

EPF Buy when people are not buying........follow lah....I think EPF is piling up its syariah compliant portfolio by acquiring BJ Auto shares.....check it out...

Average target price 0.77.....why bye-bye?....hold lah....

Very close......this counter will fly.....


Resistance Level (R3) = 0.6283
Resistance Level (R2) = 0.6217
Resistance Level (R1) = 0.6183

Pivot Point = 0.6117

Support Level (S1) = 0.6083
Support Level (S2) = 0.6017
Support Level (S3) =0.5983

http://klse.i3investor.com/blogs/kltrader/94424.jsp


Initiating coverage with Outperform; price target of RM2.59
MER initiates coverage on Berjaya Auto, the sole distributor of Mazda cars in Malaysia and the Philippines, with an Outperform rating and a price-earnings ratio (PER) - derived target price (TP) of RM2.59, implying c.22% upside. In Malaysia, checks with other auto-players, dealers and bankers reaffirmed MER’s view that 2016’s total industry volume (TIV) will likely decline YoY, or be flat at best. Nonetheless, Mazda’s new launches and competitive pricing via Completely Knocked Down (CKD) units will likely see further market share gain (c.2% currently), driving an earnings per share (EPS) compound annual growth rate (CAGR) of c.13% over FY16-18E. At the current level, MER thinks Berjaya Auto looks attractive, with dividend yields of 4.6%/5.1% for FY16E/FY17E providing downside protection.

EPF on buying spree...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5052101

hmmmm.....look at the technical indicators.....it will tell us something....

how low do you think signature will drop?

--------------------------------------------

Posted by paperplane2016 > Apr 6, 2016 10:49 PM | Report Abuse

No one wanna buy a stock with no future! So obvious! Result drop

EPF acquired....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5050857

hmmmm....intrisic value is 2.40.......like it or not, share split is scaring punters away.....

Resistance Level (R3) = 0.6350
Resistance Level (R2) = 0.6250
Resistance Level (R1) = 0.6200

Pivot Point = 0.6100

Support Level (S1) = 0.6050
Support Level (S2) = 0.5950
Support Level (S3) = 0.5900

http://klse.i3investor.com/blogs/hleresearch/92628.jsp

Wah Seong (Neutral, TP: RM0.90): Expands building materials business into Sabah. Wah Seong Corp is expanding its building materials, industrial equipment and machinery business into Sabah by forming a JV with Sabaconcrete SB, a Sabah-based company involved in ready mixed concrete supply and transportation. Wah Seong said its wholly-owned unit Syn Tai Hung Trading SB will own 70% of the JV company and Sabaconcrete the balance 30%. (Financial Daily)

As at Dec-15, Signature had net cash of RM6.3mn, comprising cash and shortterm
investment of total RM29.5mn and debts of total RM23.2mn. With the cash
compensation of RM80mn or 67sen/share (or 33sen based on outstanding
shares after the proposed share-split), Signature will have too much “idle cash”
which we think can be paid out as special dividend.

Assuming Signature would utilise RM15mn from the compensation for the
construction of new warehouse, RM3mn for debt repayment which drawdown
for the purchase of factory in Kapar, Klang, and RM5mn for relocation expenses,
Signature will end up with a balance compensation of RM57mn or
47.5sen/share. This would yield more than 20% if Signature were to pay out the
entire balance compensation as dividend in FY16.

We believe the management.will utilize the proceeds for both share buy-buck and special dividend.


Valuation
We roll forward our valuation base year to CY17. Based on unchanged PE of 10x,
we raise our target price for Signature to RM3.24 (ex-split price RM1.62).
Maintain Buy on Signature for the potential special dividend.

Source : PUBLIC BANK
Stock : WASEONG Price Target : 0.90 | Price Call : HOLD
Last Price : 0.745 | Upside/Downside : +0.155 (20.81%)

http://klse.i3investor.com/servlets/ptres/35336.jsp

TA Securities
A Member of the TA Group

Signature International Berhad

TP: RM3.24 (+49.3%)

Ex-split : RM1.62

Special Dividend in the Making Last traded: RM2.17

BUY

Ask EPF and Amanah Saham if the price will go below 2.10.... :-)

Resistance Level (R3) = 0.5033
Resistance Level (R2) = 0.4817
Resistance Level (R1) = 0.4683

Pivot Point = 0.4467

Support Level (S1) = 0.4333
Support Level (S2) = 0.4117
Support Level (S3) = 0.3983

No worries...EPF and Amanah Saham already use supersonic vacuum......

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5042933

small player use sapu......big player like you can vacuum..... :-)

BUY CALL...Sapu anything below 0.63...

Resistance Level (R3) = 0.6100
Resistance Level (R2) = 0.6050
Resistance Level (R1) = 0.6000

Pivot Point = 0.5950

Support Level (S1) = 0.5900
Support Level (S2) = 0.5850
Support Level (S3) = 0.5800

Buy call....Sapu anything below 0.785

Resistance Level (R3) = 0.7800
Resistance Level (R2) = 0.7750
Resistance Level (R1) = 0.7650

Pivot Point = 0.7600

Support Level (S1) = 0.7500
Support Level (S2) = 0.7450
Support Level (S3) = 0.7350