Mon/Tues contra traders exit but still well absorb. Chill la..

Steady buying at 0.65. transaction abt RM1 million already.. not much action yet just like "the calm before the storm" :D

US futures soaring high. Could be one of the pull in factor for the players to join the ride. Looking good.

Buying % up and getting stronger. Buyers are coming b slow n steady :p

Personally i feel Mother share still hot... better hit hard when its hot and leave the cold chicken warrant in the fridge. :D

Oil commodity play still strong http://www.bloomberg.com/news/2013-07-10/wti-surges-to-14-month-high-on-u-s-supply-decline.html

"Panic sell" and thwart the natural price rise bcoz swayed by o9 -ve forum comments? Transaction buy/sell today worth abt rm 7 millions. 71% are selling transaction worth RM 4.97million. Price went down obviously because of selling pressure and follow the big vol movement not by some small time retailer "panic sell" which is insignificant. Should read the Rule no.1 in stock market 2 understand better bfr buy/sell stock. http://www.thestreet.com/static/25-rules.html.

Experience trader/investor will know today is t+3/4 selloff day and will stay sideline or queue 2 buy lower abit at closing time. Even the big players also not pushing today because they know can get it at cheaper price from the selling pressure. Can see at closing time selling vol high from 0.655 - 0.645 but didn't go lower to 0.64. Its possible the selling pressure subside and those weak holders/contra kakis already exited. Total vol transaction today less than 1/2 of Tues vol and only 1/4 of Mon vol, showing the big players haven't exit and still in the game :D

Heavy selling today at 71%. transaction rm7.4million AVG 0.655 didnt break 0.65 support lvl avg price.. Selling pressure well absorb. MACD still bullish, Momentum and RSI still at strong lvl support, Sto at overbought lvl.

Uptrend /downtrend is guide sign. To go against reversal trend more higher risk. Dpds on each risk preference.

Buying only 34%, selling 66%.Ard 3.30 - 5pm should be able to see more selling pressure. Momentum & rsi showing downtrend. If support lvl broke at 0.65, more risk coming.

T+3/4 for those entered last thurs/friday retailers no money pickup will force 2 sell off their shares including those big players. Selloff expected bfr 1st half end and at closing today. Better watchout. I sold off mine yesterday.

Reach my target price, already took profit, good $$$$. Good luck 2 others still riding this horse. :D

Very strong buying transaction since morning and 2nd half. Alot buy transaction at 0.675. Big players accumulates and push up at the same time while the small player queuing up 2 taking profit. Need stronger push to break 0.68.

Very strong buying this morning.. reach 0.685 bfr being push down now trying to break 0.68 and hold the position. Once HK market open strong in green...more chances the buying strength will push price further :D

Big players entered back TGOff in big vol last Fri and today. Think still have few more pushes to go before consolidate period because no new news out yet. No news out means good news for the big players to push higher :D US futures +ve and look strong 2nite. Hope 2morow will be good show again.

Indicators all show very strong +ve, no weakness sign yet. today KLSE CI -9 pts but TGOFFS still up.

My personal view, from 0.65 - 0.68 total buyer transaction vol much higher than seller. If check every single price changes lvl, theres more % of buy transaction and its also higher than %sell. Big player entered much stronger today.. break 0.65 lvl convincingly and heading towards next new lvl at 0.68/0.70 and build up support lvl bfr next push. Those exit today are contra/small retailers for profit taking only. Need to monitor closely trading this coming Wed/Thurs and see if able to maintain the uptrend.

Contra and small retailer profit taking hamper down abit the price upward movement. Avg buy price at 0.65 with abt rm28million transaction, 52% buy transaction. Very strong buying at 0.66. Uptrend still intact... have potential rooms to go up further 0.68 & 0.70. Good luck 2 all. :D

Hit target spot 0.68! will break 0.70 soon. $$$$$$$

Big players pushing up! 0.66 resistance broke. 0.68 & 0.70 comin soon.

Congrates to all who makes profit. Tgoff already hitting 0.65 this morning and break 0.63 easily. Very strong vol transaction abt rm10million. Some contra kaki/small retailer taking profit block the continuation price rise but Uptrend sign still +ve..potential charging higher today 0.65+/- .

Biggest jump about 0.15-0.16 per day around 20-21 May. Big players push and break resistance strongly. Hope tomorrow history will repeat :D

Surin, u can sell at any profit lvl suit ur preference. For myself, plan 2 sell when it hit overbought resistance lvl, both momentum & RSI weaken and heading downtrend. Latest indicator still show very strong uptrend movement towards 0.68.

Based on convincing steady big vol bought and broke the resistance price at 0.59/0.60/0.605 on Friday. Price movement monitored up between 0.06-0.07 daily during strong buy. If uptrend continues next week possible to hit price range 0.68 - 0.69.

Big players just re-enter back strong again today. Seems like some good news coming out soon. Next week more uptrend highly possible with the big players support in strong buying strength.

Closing total transaction RM17million AVG at 0.59. Big buying transaction at 0.60 & 0.605. MACD bullish cross over very +ve big player re-entered. RSI & Momentum very strong and positive. Heading towards 0.63, 0.65 and 0.68 lvl.

Congrats for those still holding.

Strong buyer support lock in at 0.605! Will break new high again before closing 2day!

Resistance broke.. nice.. big players in the game back.

Some contra kakis playing in and out..resistance at 0.59. If can break next heading towards 0.63 - 0.65 range.

U re-enter? Tot u already sold all ur TGOffs. Hitting 0.59 already..

Early morning transaction reach RM1.48 million already hitting 0.57..good uptrend sign resuming :D

Slow and small buying today....max 1000 & 2000 lots only transaction so far abt rm 1.6million.. doesnt seem like big players join in yet.

Petrol price going up higher soon due to Egypt crisis...O&G counters will rise also.

Already peak? Those big players accumulating from recent high price plunge from 77 sen all the way down till 44 sen and continue 2 buy up till 57 sen. CHeck the vol absorbed & bought. AVG price abt 58+/- sen.. Target will push up back higher than 60 sen in mid term.

skali annouce special dividen again.. :D

AVG transaction yesterday at 0.54. Only small retailer exiting, price support still intact.

Some retailer/contra players exiting..still above support lvl.

Ya.. noticed some buying goin on since last week. This week Mon & Tues the buying spree become more +ve and stronger. Its clearer sign some big players want to accummulate back the shares and at the same time push back up the price.

Recent price pushed/rise from 0.30 -> 0.77 bfr plunged till 0.44. Now on the rise uptrend back 0.44 -> 0.57 high bfr holding back at 0.555. Personally i feel the median price should stable around 0.60 - 0.67.

Price movement seems heading towards 0.65+/-. Buyer spend quite some dough to push up price...should be from the same buyer that absorb the drop since 11 June.

Last yr dividen annoucement at 23/7/12 price shot up from 0.40 till 0.52. Ex-div date price reach 0.56 bfr plunge.

Vol increasing, transaction AVG at 0.56 with 52% buy.
Recent T+3 price went up instead with high vol.
Still accumulation stage by some Big players.

CPO price getting better.
http://biz.thestar.com.my/news/story.asp?file=/2013/6/17/business/13246851&sec=business

MARch 2013 news.. abit late 2 share :D

MELBOURNE: Proreka (M) Sdn Bhd, which makes automotive parts and components, is seeking to establish new partnerships with automotive OEMs (original equipment manufacturers) in Australia in its bid to expand and boost earnings.

"We are eyeing business ties with several Australian-based OEM suppliers that are looking for business opportunities overseas.

"We plan to collaborate on our technology and capabilities," said Proreka executive director Thomas Lim Teck Ling.

Proreka, which is the automo-tive arm of Main Market-listed Globaltec Formation Bhd, is involved in the design and enginee-ring, plastic injection moulding, and assembly of bodykits, lamps and lighting, window regulators, super chargers and gear shifters, among others.

The company has established technical collaboration with two Japanese partners, Taica Corp and Tech Art Co, to meet global quality standards for auto parts and body kits.

It also has technical partners from Taiwan and South Korea.

In Australia, Proreka has an ongoing collaboration with Sprintex Ltd to assemble super chargers, products similar to turbo charges, to boost car performance.

A 50:50 joint-venture company called Proreka Sprintex Sdn Bhd has been set up and it is expected to make around RM30 million in revenue per annum, starting next year, Lim said.

Lim said Proreka and the Australian-listed Sprintex have each invested RM5 million to set up a 20,000 sq ft plant in Glenmarie, Shah Alam.

"Production commenced in January and the plant is currently producing 200 sets of super chargers. The target is to produce 10,000 sets per annum from next year," Lim told Business Times in an interview at the Australian Automotive Week 2013 here.

Lim said about 10 per cent of the sets will be sold domestically and the rest will be exported to Australia, the United States, Europe and Japan.

He added that Proreka will be responsible for the sales and marketing of the superchar-gers.

Proreka also has a collabora-tion with automotive manufacturer MtM Pty Ltd, established in 2009, to assemble gear shifters and door checks at its plant in Puchong, Selangor.

"We are working as a strategic partner and manufacturing the parts for the two products jointly under a profit-sharing arrangement. The components are being developed in Australia and Malaysia," Lim said.

Lim said Proreka's core competence includes understanding the sourcing requirements of automotive OEMs and building relationships with global and international suppliers in joint product developments. Sharen Kaur

Read more: Proreka keen on Aussie tie-ups http://www.btimes.com.my/Current_News/BTIMES/articles/Sharen/Article/#ixzz2Ub684kCR

Click at announcement. Darulnas(M) Sdn.Bhd., KKK & TCGoH

New bigshareholder buying, financial qtr coming out soon bfr end of this month.