https://twitter.com/theedgemarkets/status/737941873755443200?s=08

The Edge Markets
Flash: WZ Satu to acquire SILK Highways for RM368m

https://twitter.com/theedgemarkets/status/737941873755443200?s=08

The Edge Markets
Flash: WZ Satu to acquire SILK Highways for RM368m

Will MFCB-WA able to break to a new high. Mother shares trading with a 5 cents dividend attached.

Potential reversal with momentum
Share prices are expected to rebound after a healthy consolidation. A decisive breach above RM0.68 psychological barrier is crucial for a resumption of uptrend towards RM0.0.73/RM 0.78 levels. Immediate support can be found at RM 0.65 level.Cut loss once RM 0.64 is violated.

Companies in the News

1⃣ AirAsia saw better operating performance for 4QFY15, reporting a 12% y-o-y increase in its number of passengers to 13.5 million.

2⃣ AAX did not perform as well, registering a 9% fall in its passenger count to 0.99 million for 4QFY15, in line with a 10% reduction in capacity to 1.19 million.

3⃣ AWC has secured a maintenance subcontract worth RM90 million over the span of 5 years for the newly-completed Shah Alam Hospital, from the Government of Malaysia.

4⃣ Tek Seng continued to benefit from its diversification into solar cell making during the 4QFY15, recording a net profit of RM10.41 million or 4.02 sen per share, compared to a net loss of 513,000 or 0.21 sen per share a year ago.

5⃣ TSRCAP has secured a contract from Putrajaya Homes Sdn Bhd for the construction of condominiums for total value of RM240 million.

6⃣ Samudra has bagged a contract from Lundin Malaysia BV to provide oil country tubular goods inspection services.

7⃣ BP Plastics’s net profit for 4QFY15 surged 264% to RM8.3 million, mainly attributable to higher sales volume with better product mix, higher process efficiencies and a weaker ringgit.

8⃣ Pharmaniaga saw its net profit for 4QFY15 plummet 56.23% to RM16.06 million or 6.20 sen per share, blamed the drop on increased promotional activities, research and development expenses, higher selling and distribution, as well as amortisation for the Pharmacy Information System.

Companies in the News

1⃣ AMFIRST REIT registered an 11% decline in its net property income to RM14.46 million for the 3QFY16, due to lower gross revenue from lower occupancy rate and higher interest expense.

2⃣ Businessman Datuk Jayakumar Panneer Selvam has emerged as a substantial shareholder in computer software application solutions provider EFORCE.

3⃣ YEN has been issued an UMA query by Bursa, following the recent rise in the price and trading volume of its shares.

4⃣ WARISAN is proposing to acquire a 55% stake in GoCar Mobility Sdn Bhd, a new startup company which currently operates a web-based platform for car rental business.

5⃣ SONA is further negotiating on the value of its proposed acquisition of Australia’s stag oilfield, after independent valuers deemed the transaction unfairly priced.

6⃣ Sunway Property has clinched 95% sales at its debut launch of retails units in a mixed development project in Bangi, Selangor.

7⃣ TNB & MALAKOF have inked a new PPA to seal a 3 yrs extension for the operation of Malakoff’s power plant in Tanjung Gemuk, Port Dickson.

8⃣ Maxwell may engage an independent firm to carry out an investigative audit on its hefty advertising spending in China, which affected its overall financial performance.

We wish everyone a joyful,prosperous CNY. Have a good and successful trading year ahead. may the year of Monkey brings good fortune to all.
Happy Chinese New year and Happy Holidays everyone.

Ewein's shares are trending impressively since 6th Jan 2016 since breaking out from a flag.Bullish pattern on a wave 3 is noticiable.It manage to test immediate resistance of RM 1.56 before a pullback. With more good news in store, once share price breaks RM1.56 supported with a good healthy volume it should scale to next resistance of RM 1.62 and Rm1.70 with a long term objective of RM 1.80 levels.Immediate supports can be seen at 1.45 level.

Ewein-WA- which expires on the 10th June 2017 with a strike price of RM0 .61 revised from 1.00 previously, based on the mother share of RM 1.52 . The warrant should be trading at RM 0.91 but close 0.82 therefore RM 0.09 discounts this morning supported with a good healthy volume. Upon retesting and breaking RM0.86 the warrant will test the next resistance of RM 0.925 and RM 0.99 levels.Supports can be found at RM0.795.The appetite for the stock remains strong and unwavering with strong buying interest.

FFHB bullish uptrend.keep an eye.once RM1.05 broken it will super.

FFHB is uptrending with a healthy volume. Upon breaking RM0.95 it will scale higher to break RM0.98 and futher upside towards RM 1.05. Any retracement, supports can be found at RM 0.90 level. Happy Trading.

We TCB family would like to take this opportunity to wish everyone a Blessed New year.Keep all those good memories of 2015, bad ones take it with a pinch of salt as experience.As the year ends, new one begins.We wish everyone a blessed new year with hope,love,peace,miracles n abundance of wisdom throughout 2016. GOD Bless.

LCTH will resume its uptrend soon. A break above RM0.77 will bring it to next level of RM0.805 and retest its high of RM 0.825.

Yoda's Momentum Idea - EG & EG-WC ( shariah complaince stock )
Staging strong technical rebound since consolidating for the last couple of days.Share price is expected to stage a strong rebound due to a white candlestick in the region of Upper-Bollinger band and a Positive Divergence on daily chart provided ammunition to scale higher. Expecting to test the first resistance of 0.89 and next level of 0.95. Supports are located at 0.82 and 0.785.Stop loss below 0.785.

EG-WC
Expecting to test its previous high of 0.555 and the new resistance of 0.58 and 0.60. Supports can be found at 0.53 level. A stop tight stop loss once 0.49 is broken.

Happy trading.

DISCLAIMER: The above information is NOT a recommendation to buy or sell stocks. They are only for sharing and educational purposes only. Any trade that you undertake as a result of the above information is solely at your own risk. Please consult your own investment advisor before undertaking any investment decisions.

Companies in the News:-
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1⃣ KLK profit for 4Q climbed 9.1% to RM186.29m on higher dividend income from Synthomer Plc, surpluses on sale of land & government acquisitions, & realised forex gain arising from the repayment of US dollar advances by an overseas subsidiary to the company.

2Malton posted a 71.34% on-year decline in net profit in 1QFY16 to RM4.33m, because of higher initial overheads for new projects to be launched and recognition of higher profits arising from the disposal of certain parcels of land in the previous corresponding quarter.

3MBMR profit fell 66.8% to RM8.62m for 3Q due to lower contributions from its JV with Autoliv Hirotako & associates.

4TChong profit for 3Q rose >15x to RM29.18m due to a significant increase in operating profit.

5Batu Kawan profit jumped 27% to RM115.33m in 4QFY15 on improved contributions from all business divisions, except property development.

6 CBIP profit dropped 34% to RM14.9m in 3Q, on lower project billing from its retrofitting special purpose vehicles & lower project billing & share of results of associates.

Encorp stands to receive A$6m under its JV, which will help the company recover its land cost in Perth, Australia.

ESCeramics is looking to transfer to the Main Board in 3 yrs.

PJDev is committed to paying out dividends to its existing shareholders in the future.
TSH 3Q loss of RM48.19m due to lower CPO selling price, lower crop production due to haze & a loss on forex.

KianJoo profit rose 17% to RM44.25m for 3Q due to forex translation gains.

LaFMsia 28.9% increase in profit to RM70.65m for 3Q due to higher sales revenue from the cement segment, improved plant performance & forex gains.

Esthetics profit rise 20.6% to RM6.9m in 2QFY16 on higher revenue & a foreign currency translation of RM2.5m.

Companies in the News:-
--------------------------------
1⃣ Parkson reported a 69% y-o-y profit decline for FY15 due to lower sales performance in its Msia, China, Vietnam & Myanmar operations, expects consumer sentiment to stay weak, but is banking on its ongoing rebranding campaign to revive its retailing biz across the region.

2⃣ Ta Ann profit jumped 55% y-o-y to RM67.42m in 3Q due to higher fresh fruit bunch production, better export logs & plywood selling prices & profit from its Tasmanian operations

3⃣ MARC has downgraded Alam's RM500m Sukuk Ijarah Medium Term Notes to AIS from A+IS due to weakened biz risk profile because of tough operating environment but revised its sukuk issuance outlook to stable from negative, expecting the group to sustain its current financial profile & no significant reduction in its order book from current level.

4⃣ SapRes is discussing a possible divestment of its education biz.

5⃣ WCT won a 3 yrs subcontract works worth RM282.57m for the construction and completion of several packages for the 276-km WCE from Taiping to Banting.

6⃣ Star profit fall 31.1% to RM23.64m for 3Q dragged by higher direct costs from Cityneon & lower revenue from the print segment and I.Star Ideas Factory.

7⃣ OSKVI loss of RM10.12m for 3Q due to decrease in mkt value in most of its quoted investments

XingHe is terminating its partnership with Asfar, following winding up proceedings filed against Asfar.

SPSetia has made its 3rd inroad into the Australian property mkt with its acquisition of a parcel of land in Melbourne for A$6.68m to be developed into a 48 unit four-level apartment complex with GDV of AUS$34m.
Boustead DCNS Naval Corp has clinched a €169.86m submarine refitting job from Msia gov.

Companies in the News:-
--------------------------------------
1⃣ Supermx's receipt of a licence to supply medical gloves to NHS in UK is expected to contribute positively to its earnings & net assets for 4 yrs from FY17.

2⃣ StemLife has received a conditional takeover offer from Cordlife for 45 sen cash per share for the remainder stake the latter does not own.

3⃣ Favourable US$ exchange movements pulled up Inari profit by 34.8% to RM45.5m in 1QFY16.

4⃣ OWG has proposed a bonus issue on the basis of 1 bonus : every 5 shares.

5⃣ Stone has signed a FA with LBS Bina to offer its products & services coupled with interest free vendor financing services to property developer LBS Bina for 18 mths.

6⃣ Instaco has clinched a RM29m contract for the installation of telecommunication towers across 30 hub sites in Perak, Negeri Sembilan & Sabah.

7⃣ SDred's SDB Guernsey has entered into a SPA with AL.AN SA for the sale SDB Guernsey's freehold four-storey building in London.

8⃣ WCT has secured a RM315.6m job for EPCC of substations from Petronas.

9⃣ Kwasa Land has appointed AZRB & Getrahome to build residential units in the project.

Companies in the News:-
—---------------------------------—
1⃣ KLCCP Stapled Group saw its total distributable income for 3Q fall 2.3% to RM147.13m.

Asdion's CEO Yap Tai Tee has resigned.

Guoco profit surge more than sevenfold to RM21.33m in 1QFY16, on higher revenue & recognition of fair value gain amounting to RM16.7m arising from the valuation of investment properties.

LionDiv & LionCorp's financial statements for FY15 have both been found wanting by their respective auditors.

Airport handled 5.3% fewer passengers in Oct due to runway closure & cancellation of flights primarily caused by the haze that had blanketed the Southeast Asian region for months.

Dolphin has proposed a bonus issue of 55.5m warrants on the basis of 1 free warrant for every 4 existing Dolphin shares; the proceeds from the exercise of the warrants will be used to repay borrowings & for working capital.

AxisREIT is buying 4 contiguous parcels of freehold land that collectively span 3.95 ha at Kulai, Johor for RM61m to diversify & enlarge its property portfolio.

Bintai Kindenko has received and accepted a letter of intent from Chong Kee Furniture & Construction to undertake subcontract works for a sum of S$17.28m in S'pore

SSteel expects another year of losses for FY16, before it marks returning to the black in FY17, helped by higher revenue from a new HRC steel product under its upstream segment.MMC Pembetungan Langat will be taking over a project to build a centralised sewage treatment plant & sewage pipes network connection in Selangor worth RM1.51bn from the MMC-Sumimoto Consortium.

Mudajaya's PT Harmoni Energy Indonesia has achieved the commercial operation date for its 2 x 7MW coal-fired steam power plant in Desa Baruta Analalaki, Southeast Sulawesi, Indonesia, on Oct 29

MISC is not in any discussions with Armada "on any potential transaction".

Companies in the news:-
--------------------------------------
1⃣ BJLand is suing a unit of the Korean government for losses & damages incurred due to an alleged breach of agreement in a land sale agreement in relation to BLand's Jeju Airest City development in Jeju Island, South Korea.

2⃣ SLP profit triple to RM9.39m for 3QFY15, underpinned by higher sales volume, higher & product mix of its flexible plastic packaging products & forex gains.

3⃣ Fitters has aborted the plan to list Fitters-NRG on ASX via RTO of IFS Construction Services Ltd.

4⃣ DBhd was slapped with an UMA query from Bursa, said it is participating in a public tender to construct housing development under PPA1M at Putrajaya.

5⃣ Amanahraya Trustees has emerged as a substantial shareholder of DiGi.

6⃣ FPI profit for 3Q surge by 127% to RM9.05m on higher sales at its Malaysian operations.

7⃣ KWAP has ceased to be a substantial shareholder in GenP.

8⃣ EPF has increased its stake in MahSing to 10%

9⃣ Puncak has appointed the former president & group CEO of UMW, Datuk Syed Hisham Syed Wazir, as its new MD.

Companies in the News:-
--------------------------------------
1⃣ Kulim has received a takeover offer from Johor Corp at RM4.10.

2⃣ RCECap has proposed a capital repayment & share consolidation exercise after announcing net profit gain of 81% y-o-y for 2QFY16.

3⃣ JAG 3Q loss RM8.23m due to rising staff cost pursuant to the implementation of SIS options.

4⃣ PICorp's Alam Sekitar has failed to secure the tender for the Environmental Quality Monitoring Programme for DoE.

5⃣ Hibiscus has been suspended & pending announcement

6⃣ TekSeng profit rose 183% y-o-y to RM5.04m for 3Q on higher revenue, primarily from its solar segment.

7⃣ MQREIT reported 76.1% rise in its realised net income to RM15.74m for 3Q due to the recognition of income contribution from Platinum Sentral.

8⃣ Harta profit for 2QFY16 increased by 25.4% to RM60.41m due to the increase in contribution from its Next Generation Complex new production lines.

Companies in the News:-
-------------------------------------
1⃣ AZRB has been appointed as the development partner of Kwasa Land to undertake a proposed residential development with GDV of RM257m.

2⃣ Parkson has tied up with private firm Superb Apparel Supply SB to establish new concept stores under the brand name 'LOL' that will sell affordable fashion apparels.

3⃣ AmProp profit jumped 130.58% to RM16.48m in 2Q due to contributions from its overseas properties division.

4⃣ SKPetro's SKE has secured a Field Development Plan approval from Petronas for the SK310 B15 gas field development project in East Msia.

5⃣ EG saw its renounceable rights issue with warrants at an issue price of 50 sen oversubscribed by 12.9% over the total of 115.24m rights shares available, raising RM57.8m in proceeds for its biz expansion.

6⃣ F&N is looking to increase its export segment contribution to revenue from 5-10% in 5 yrs.

7⃣ Trop's Datuk Kong Woon Jun has resigned as the group's MD.

8⃣ MISC profit rise 2.7% to RM483.56m for 3Q mainly from higher revenue in its petroleum biz & improved charter rates in the chemical biz.

Companies in the News:-
--------------------------------------
1⃣ MRCB has dismissed concerns that the mega projects it is undertaking soon, particularly the rejuvenation of the Bkt Jalil National Sports Complex, will strain its cash flow or spike its debt level.

MMHE profit for 3Q fall 56.6% to RM16.97m due to a weakened offshore segment, which fell into an operating loss with lower revenue.

Lay Hong which previously revealed it was mulling a possible JV project overseas besides being in talks with 2 foreign groups over taking up a stake in the company, said that it may seal the agreements for either or both deals in less than 2 mths.

SPSetia in a JV with Investec Australia has been shortlisted to bid for the contract to transform the A$500m old Royal Adelaide Hospital site into a more upscale area.

Petronas is injecting 3 companies that are currently undertaking petrochemical works at its RM60bn RAPID project in Johor into PChem for RM13k.

Tasek 3Q profit fell as the cement manufacturer lowered selling prices amid costlier raw materials.

FGV has completed the divestment of its non-core oilseeds crushing and refining plant in Quebec, Canada, to Viterra Inc for CAD172.7m.

TM has tied up with Medini Iskandar to jointly set up a managed services operating company to provide smart building services & smart city services in Medini, Nusajaya.

Hibiscus said some shareholders may be subject to margin calls on shares that have been collateralised & are being asked to regularise their margin positions.
F&N profit for 4Q fall 8.8% to RM56.7m, on weaker performance in its soft drinks segment.

BAT will be increasing the prices of its cigarettes by as much as RM3.20, after accounting for a 40% excise tax hike mandated by gov.

Companies in the News:-
---------------------------------------
1⃣ Bursa is advising investors to exercise caution in the trading of XOX.

LayHong has prompted Bursa to issue an UMA query.

PetDag 36.46% increase in profit to RM218.88m for 3Q on higher gross profit, lower operating expenditure & higher other income.

Destini posted 66% rise in profit as the aviation maintenance, repair & operations specialist’s revenue jumped 130%.

TopGlov expects to conclude at least 1 acquisition in the fiscal year through Aug as the Malaysian company seeks to maintain record earnings momentum.

Sona plans to buy Australia’s Stag Oilfield for US$50m & the transaction is intended to be the SPAC’s qualifying acquisition.

Icon has appointed Amir Hamzah Azizan as its new MD.

KNM has fixed the issue price for its proposed private placement at 50sen.

FSBM’s auditor has issued a qualified opinion on its audited financial statements for FY15.

Kamal Abdul Aziz of Wintoni has resigned.

(KUALA LUMPUR) "Nanyang Siang Pau" ascertain, Perwaja Holdings (PERWAJA, 5146, board of industrial products stocks) will work with China Zhiyuan Investment Group, the day after tomorrow (the 15th) signed a new memorandum of cooperation.

Perwaja Holdings predicament deeply in debt, to find a helping hand extended Zhiyuan Investment Group signed a memorandum of understanding at the beginning of May, in the 18 months to inject 300 million ringgit, divided into 3 phases will Terengganu Kemaman plant, transformed into stainless steel plant.

It is understood that the two sides will sign a new memorandum of cooperation in the day after tomorrow, and will be at the signing ceremony, announced further details and progress of the cooperation.

According to previous memorandum and lease, Zhiyuan will in the first phase, inject 100 million ringgit leased part of the land in Perwaja Terengganu Kemaman plant to build a new assembly plant and machinery for the production of raw materials use.

Restart Camarines factory production line

The second stage, creditors will seek Perwaja Holdings, regulatory unit, with the approval of Bursa Malaysia and the Bank of the parties, to take over the transformation and restart Camarines plant production line, then Zhiyuan Group a further injection of an additional 200 million ringgit for the production of 400,000 tons of stainless steel plate and bad.

If all goes well above the third phase of plant development malpractices related to stainless steel production plant, annual production of about 800,000 tons.

Companies in the news (for Friday June 26th):

GAMUDA in a JV with Evia Real Estate, acquire a parcel in Singapore, worth RM967.01m

PANASONIC proposes bumper dividend of RM1.27 per share.

CAPITAMALLS sells RM68.2b news shares.

MEDA Inc has proposed to acquire two parcel in KL worth RM180m.

BINA Puri S/B has been awarded a contract in Iskandar Malaysia's Central Business worth RM195m.

SCGM is proposing a bonus issue of 40m new shares on a one-for-two basis.

HENG Huat would be investing RM35m to build oil palm fruit bunch in Kelantan.

GBGQRS is tendering some RM700m worth of construction projects.

TA Ent's net profit jumped 81.5%.

AEON registered a net profit of RM58.24m.

SALCON is optimistic of securing between 30%-40% of its targeted RM2bil order book by end 2015.
YINSON intend to raise about RM299.5m through private placement.
KNUSFORD's wholly-owned unit KESB has entered into a JV with Greenland Malaysia to bid construction contracts locally and abroad.

ALAM : Tan Sri Quek Leng Chan has ceased to be a substantial shareholder for Alam.

Source : The Edge Malaysia

M+Online Morning Buzz: Dow-178.00 pts (-0.98%) @ 17,966.07 pts. The U.S. stockmarkets snapped its two day winning streak overnight, led by losses in the Dow (-0.98%) and S&P 500 (-0.74%). Separately, after a revision in the U.S.’s 1Q2015 GDP number, it resulted into a smaller contraction of 0.2% vs. a previously estimated drop of 0.7%.

Meanwhile, the FBM KLCI staged a rebound yesterday on the back of a positive market breadth and improved trading volumes. The MACD Histogram has extended another green bar, while the RSI continues to hover above the 30 level. The immediate resistance will be located around the 1,740-1,750 levels. Support is set around the 1,700 level.

Sector focus: Water-related, FBM ACE, O&G, Export-related

Water-related: JAKS, SALCON, KPS
FBM ACE: SUNZEN, HHGROUP, OCNCASH
O&G: SCOMI, UMWOG, SUMATEC, SCOMIES
Export-related: HEVEA, POHUAT, HARTA

Others: HUPSENG, SLP, DNOUNCE, PERWAJA

Potential Momentum Stocks:

PUNCAK (6807): Monitor for breakout above RM2.77 level. TP: RM3.00. SL: RM2.58.

GENETEC (0104): Price made a trendline breakout above the RM0.16 level with surge in volumes. TP: RM0.22-RM0.26. SL: RM0.16.

SAUDEE (5157): Price breakout above the RM0.56 resistance level with high volumes. TP: RM0.60-0.65. SL: RM0.515.

Source: M+Online

Uzma - MMSVS – Reaffirmed Growth Driver
Author: PublicInvest | Publish date: Fri, 5 Jun 2015, 09:40 AM

We had the privilege to visit Uzma's wholly-owned subsidiary, MMSVS in Phitsanulok, Thailand recently, hosted by Dato' Kamarul (CEO and Managing Director), Dale Tupper (Vice President of MMSVS), Dennis Saw INVESTOR RELATIONS) and the MMSVS team with positive feedback from both investors and various analysts. Phitsanulok is one of the 2 locations where MMSVS' operations are located about 400km North of Bangkok. The other operation is located in Songkla, housing a fabrication yard where new modules are designed and built. Our takeaway from the visit includes in-depth knowledge of the hydraulic workover (HW) techniques, which reiterates our Outperform recommendation on Uzma with a TP of RM2.98 premised on a 15x PE multiple to our FY16F EPS of 19.9sen, as MMSVS will be a strong growth driver going forward.

Our visit. We were able to embark on a 340,000 lbs pulling capacity of a hydraulic workover unit (HWU) at the site, as it was undergoing its testing phase before delivery to its new contract at the end of this month. The operation was demonstrated by Dale himself, who has been involved in the O&G industry for over 27 years. An expert driller, Dale walked us through the entire PROCESS of operating a HWU.

MMSVS. The Group currently has 9 HWUs leased out on both short-term and long-term contracts, with 1 used for training. Another unit will be leased to Malaysia this year, to boost leasing rates from our understanding. All contracts are typically on a 2-year long-term contract. In its fleet, they also have a non-hydraulic unit that is the truck mounted workover rig.

MMSVS integration. Having acquired MMSVS, Uzma has restructured the company to enhance its contribution, with exercises such as downsizing 17% of its staff coupled with re-deploying its ASSETS to receive better contract and pricing terms. Capex of RM54m has been allocated to upgrade ancillary equipment, with a 2-year target to command rates like its international peers.

Expanding to Asia. Rates in Thailand are currently low from standards that have been set by larger operators. Uzma however will be addressing and implementing a new strategy which does not emphasize on price competition, but rather through enhancement of its services to provide solutions which would reflect cost savings.

Source: PublicInvest Research - 5 Jun 2015

Positive Price Divergence and healthy consolidation.Beneficiary of a strengthening USD.
Share price is bottoming up amid strong buying strength.Will Mikromb resume uptrend...
Further upsides are targeted at RM0.445 and RM0.47. Supports can be found at RM 0.42.
Cut loss below RM0.40.

KSL-michael woo
Today although some selective counters performed but KLCI failed to sustain and decline for the 3rd consecutive session.KSL touch 1.92 and retrace back to close at 1.86 sitting at 20MA.Watch for tomorrow's momentum and broad market sentiment as construction overall had decline to -0.03%.KSL may drift sideways if it could not break above 1.92 level. In this case, further support is anticipated at 1.82, where traders can exit if 1.76 is breach.If broad market is bullish, KSL may test today's high at 1.92 and move towards the next resistance of 1.97 and 2.04.
Happy trading.

Krono-nanxiril
At today's trading some lower liners and sub-indices saw improvements but Krono is trading at a bearish region. Close with a doji at the same opening price of 0.25 since gapping down from 1st June. If you're trading this share, watch for momentum and volume for a technical rebound play.I persume it will trade sideways before closing the gap.Supports can be found at 0.24 and 0.22 levels.
Happy trading.

bro duit, we are always learning from each other.I always look forward to your comments which are valuable to me and many readers here. Sometimes we need each other to alert otherwise we will float n be carried away by with Mr market.Cheers bro duit.

duitKWSPkita
Hi, will try to share my 2 cents knowledge on how I trade my shares and lock in profits.Risk n money management are the most critical parts of a trading plan.Trader or investor must adhere to strict money management.The golden rules of trading-let your profits run and cut your losses short.Before taking a trade, one must draw out a trading plan according to your own risk appetite.A good trading plan consist of entry,exit,cut loss,position size based on minimum risk,estimated targets..etc.
- Its indeed a difficult question to answer, when to lock profit on a uptrend stock.It is almost impossible to make a precise prediction.We can use certain indicators to check the probabilty of how high the stock might reach.How many resistance it might break.Some stocks soar high above the fundamental of the company in a trading day on frenzy buying based on some good news,take overs or even rumors.
- As a discipline trader, one will lock in certain portion of the position once it reach your pre-plan target and ride the rest. It all depends on your risk profile and your trading plan.If you are trading a growth stock, you might want to average up because you do not want to sell away a big winner. You need to ask yourself, how much is the share worth and sell if its well over many times your justifiable valuation range.One can check the richness of valuation by using price-to-earnings (P/E) ratio.You may want to lock in profit if the stock is grossly over priced.
Happy trading.

Geshen-cityplus
Trading sideways and well supported at current level.Geshen is a control stock and can move quiet fast. Watch for momentum if you are trading this stock. Well supported at 20MA level and if 0.70 is close with volume it might test the resistance of 0.73 and 0.75.Supports can be found at 0.67 and 0.65.A stop loss if 0.64 is violated.
Happy trading.

Hi duitKWSPkita, nice to hear from you.Sharing is caring, hope to hear your views too.Thanks for the support.

Century-cityplus
Since the uptrend on 24th April this share has been trading sideways and retracing lately.Logistic stocks had positive patterns today and Century may experience further uptrust movement once the gap of 0.855 is close. The bullish bias will likely return if the 0.87 resistance level is surpassed with the next resistance of 0.91.
If the stock falls below the 0.83 level in the immediate term,the next support levels are anticipated at 0.805, followed by 0.785. A stop loss if 0.78 is violated.
happy trading.

Vsolar-cityplus
Patterns and chart wise are distinctly negative on this stock. Sharp drop for the past few trading days with high volume suggesting snowballing distribution.If you are looking to trade this stock, watch for a reversal signal or techincal rebound.If 0.17 is broken it will retrace towards the supports of 0.14 and 0.12 levels as the shares are trading below the 200MA at current stage.Any reversal its likely to test 0.19 and 0.21.
Happy trading.

LCTH creating nwe waves, heading north towards 0.60 soon.

LCTH: Its net profit jumped over 12 folds year on year to rm6 million despite sales increase to just 3.6% to rm30.9 million.

It manufactures precision plastic components and fabricates precision mould and dies. Its clients include HP, IBM, Dyson and Bose Corp.

LCTH intends to spend up to rm65 million on capex in 2015. About rm30 to rm40 million will be used to purchase land in Penang as its existing plant there is already operating at full capcity. It will utilize rm15 to rm20 million to build another plant in Johor and rm3 to rm5 million to replace old machineries.

Its net cash stood at rm98.6 million.

LCTH creating new highs, near term 0.60

LCTH is under accumualtion and it will be heading north once it breaks 0.55 level soon.

newinvestor8-Gpharos
Gpharos open with a gap up but could not sustain due to the weakness of broad market.If you would have taken position around 0.53 level, its a approx a 10% profit when it touched 0.63 this morning and its within the contra period.
Watch for momentum and how the mrkt will react in the coming days as supports are raised to 0.535 and 0.51 levels.Resistance can be found at 0.67 and 0.725. Always apply a cut loss point once your supports are breach.
Happy trading.

LCTH 会否是今年的黑马呢? 希望今年可以达到 RM0.70!
( from FATA sifu Mr Ming Han- FA+TA )

Gpharos may trend higher after closing above the 0.59 level in its
latest session today. Traders may buy as a bullish bias could be
present above this level, with a target price of 0.67 and 0.725, followed by 0.78.

newinvestor8-Gpharos
We do not advise on your entry and exit points cause all entry and exit points varies from each trader pending on your own risk profile.You need to have a trading plan to ensure when to lock in your profits and when is the right point to cut loss. You can ride on your winning profits if the stock is uptrending or average up once it breaks your resistance points.

Gpharos may trend higher after closing above the 0.59 level in its
latest session today. Traders may buy as a bullish bias could be
present above this level, with a target price of 0.67 and 0.725, followed by 0.78. You may set a trailing stop loss ( refer to the above explaination frm Profitman on trailing stop loss ).The stock may pull back to take a breather if it cannot sustain above the 0.60 mark. In this case, further support is anticipated at 0.525 and 0.50.
Happy trading

newinvestor8-mpay & Gpharos

congratulations, both your counters are bullish and momentum is uptrending.

Salcon is very bullish and it is heading towards 0.94/1.00 levels.

newinvestor8-mpay
Mpay is having a pullback after recent uptrending. It might trade side ways for awhile.Currently shares are at overbought stage. Watch out for reversal once the overbought situation has subside and momentum picks up and it need to break its 0.32 to scale higher towards 0.34 level.Supports can be found at 0.31 and 0.30 with a cut loss point at 0.285 level.Happy trading.

newinvestor8-gpharos
It tested the 0.515 resitance on a live chart today as the share was trading on 2nd T4.Gpharos is at a overbought situation and profit taking takes place today. It might trade side ways. It must break 0.515 to scale up further to next resistance of 0.535 and 0.56.Immediate supports can be found at 0.47 and 0.45.
Happy trading and always trade with a plan.

LCTH a cash rich company at new highs and shud scale to 0.60 level soon

cherry tomato-KTB
KTB price close above the 50MA level with improved volumes. The MACD Histogram has turned green, while the RSI has crossed above the 50 level suggesting that the positive momentum is intact.Resistance can be seen at 0.365,0.385 and 0.40.Any pullback if it cannot sustain above0.35 level, supports can be found at 0.32 and 0.315. A cut loss if 0.30 is violated.
Happy trading.

cherry tomato-KGB
KGB may keep its uptrend mode after trending higher for the last two sessions. Traders may buy above 0.395 as a bullish bias could be present above this level, with a target price of 0.415 and 0.425 follow by 0.435. The stock may trade side ways and take a breather if it cannot sustain above the 0.395 mark. As such, further support can be found at 0.39 and 0.375.
Exit if 0.365 is violated.
Happy trading.