SIN HENG CHAN (MALAYA) BHD

KLSE (MYR): SHCHAN (4316)

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Last Price

0.305

Today's Change

-0.005 (1.61%)

Day's Change

0.305 - 0.31

Trading Volume

62,000


4 people like this.

343 comment(s). Last comment by awesome20 1 month ago

Seanyew

147 posts

Posted by Seanyew > 2021-10-07 11:08 | Report Abuse

Tangkap ayam….. better run if still holding

Jnlee

305 posts

Posted by Jnlee > 2021-10-07 11:17 | Report Abuse

operator accumulation?

bktay123

190 posts

Posted by bktay123 > 2021-10-07 11:17 | Report Abuse

distribution maybe... owners reducing holdings

Jnlee

305 posts

Posted by Jnlee > 2021-10-07 11:18 | Report Abuse

operator accumulation

oasischeah

1,461 posts

Posted by oasischeah > 2021-10-07 11:44 | Report Abuse

This is grandfather share company. Will not move much unless change of head. Mentality of directors are conventional. New power CEO with different business plans will get this company surging like 25 years ago.

MMCRMMCR

14 posts

Posted by MMCRMMCR > 2021-10-07 12:17 | Report Abuse

collecting

TanChinku

188 posts

Posted by TanChinku > 2021-10-07 12:54 | Report Abuse

Price action only at 620, is like doing a related party transactions!
Can

TanChinku

188 posts

Posted by TanChinku > 2021-10-07 12:56 | Report Abuse

May have to wait for the 625/630 to finished

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-10-07 13:31 | Report Abuse

==========================================================================
https://klse.i3investor.com/blogs/see_research/2021-10-07-story-h1591937659-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_12_Another_Subur_690.jsp
==========================================================================



SEE_RESEARCH

TSH / 9059 WAIT for strong rally VERY SOON

First target ------ RM 1.50

Mid term target -- RM 2.00

========================================================================= SH Chan / 4316
REMARKS

The past few trading days are very low , averaging 150 lots to 218 lots per day

( 1 lot = 1,000 shares )

For 7 October 2021 , from 9.00 am to 12.30 pm

Prices

LOTS

1. RM 0.615 / 2,968

2. RM0.62 / 13,710

3. RM 0.625 5,153

4. RM 0.63 3,306

5. RM0.635 4,514

6. RM 0.64 1,995

7. RM 0.645 34

===========================================================================

sub total : 31,680 lots --- very high volume traded.

===========================================================================

Potential new shareholders are buying big from the open market ;

for hostile takeover.





Potentially, for this coming week ,



starting from 7, 8 October 2021 , onwards



(i)1st Target Price :

RM 0.68 level



( 17 % )



================================================

(ii) 2nd Target Price :

RM 0.915 level


( 50 %)

Posted by Supermodel > 2021-10-07 15:31 | Report Abuse

Why a sudden slump?
After 62cts distribution?
Can someone plse advise...

Citadel666

535 posts

Posted by Citadel666 > 2021-10-07 15:33 |

Post removed.Why?

Posted by risktoreward > 2021-10-07 15:37 | Report Abuse

Close gap

ianmsg7007

105 posts

Posted by ianmsg7007 > 2021-10-07 15:38 | Report Abuse

Hollandor

imvu

7,888 posts

Posted by imvu > 2021-10-07 15:49 | Report Abuse

bila nak limit up .

bktay123

190 posts

Posted by bktay123 > 2021-10-07 16:31 | Report Abuse

no body knows ...mkt forces difficult to understand

zzzzz

1,895 posts

Posted by zzzzz > 2021-10-08 07:29 | Report Abuse

Trap ??Trap ???

zzzzz

1,895 posts

Posted by zzzzz > 2021-10-08 07:36 | Report Abuse

looks like well distributed above RM0.62 level and down under RM0.60...

Blacksails

763 posts

Posted by Blacksails > 2021-10-08 09:37 | Report Abuse

Such a high volume yesterday and no unusual activity questioned by SC, are they sleeping?

goody99

1,814 posts

Posted by goody99 > 2021-10-08 09:40 | Report Abuse

see see first. This counter usually does not have many buyers and sellers. The volume is so high yesterday. If people want to sell, where to find buyers if the big buyer disappears?

oasischeah

1,461 posts

Posted by oasischeah > 2021-10-09 11:44 | Report Abuse

Most of the high volume is from Right to Left and vice versa. Nothing spectacular. SHChan is not worth buying.

ianmsg7007

105 posts

Posted by ianmsg7007 > 2021-10-11 09:58 | Report Abuse

Hollandorrr

imvu

7,888 posts

Posted by imvu > 2021-10-11 10:43 | Report Abuse

bila nak naik .. tengok kaunter lain naik geram betul .

imvu

7,888 posts

Posted by imvu > 2021-10-11 10:44 | Report Abuse

hari ni tolong lah hijau .

Posted by risktoreward > 2021-10-11 10:45 | Report Abuse

Don’t worry just hold, even though it’s making a lot of waves but note that it’s making higher lows, just off your pc and hp and hold

Posted by Benhobenhobenho > 2021-10-11 16:23 | Report Abuse

Plantation counters like sh chan really need a lot of patience to hold. Just like u grow oil palm, take time to cultivate, grow n finally comes harvest time.

Posted by Benhobenhobenho > 2021-10-12 09:30 | Report Abuse

No volume this morning

Posted by Benhobenhobenho > 2021-10-12 15:21 | Report Abuse

Look like this stock moving downwards slowly. True, not worth buying.

Citadel666

535 posts

Posted by Citadel666 > 2021-10-12 15:22 | Report Abuse

push one day dump one month hahaha

Posted by risktoreward > 2021-10-12 21:30 | Report Abuse

Dump for investors to buy ma, this is operator with a conscience

Posted by Benhobenhobenho > 2021-10-12 22:39 | Report Abuse

Can we hold this stock for the medium term or longer term to see results.

Seanyew

147 posts

Posted by Seanyew > 2021-10-12 22:59 | Report Abuse

as mentioned on 7/10 tangkap ayam …. better invest banking stocks

Posted by risktoreward > 2021-10-12 23:09 | Report Abuse

cool and relax

Posted by Benhobenhobenho > 2021-10-13 15:08 | Report Abuse

Volume getting small, less sellers?

Posted by Benhobenhobenho > 2021-10-13 16:50 | Report Abuse

A real dull dull counter

imvu

7,888 posts

Posted by imvu > 2021-10-13 22:54 | Report Abuse

FCPO sudah breakout 5000 , harap kaunter ni besok limit up .

Posted by risktoreward > 2021-10-13 23:49 | Report Abuse

hook to 0.58, then toing toing bouncy bounce

Satkeimah

22 posts

Posted by Satkeimah > 2021-10-14 10:11 | Report Abuse

i am new, still can hold or cut lost now .. Buy at 0.60 ... thank you

goody99

1,814 posts

Posted by goody99 > 2021-10-14 10:11 | Report Abuse

I feel like there are people trapped at high price bought during last week. This counter usually do not have much buying and selling queue... If these people rush to sell, its share price may drop below recent low of 53 sen.

Posted by Benhobenhobenho > 2021-10-14 21:14 | Report Abuse

@satkeimah, nobody can advise u, up to u but if it's me, I will hope for price to at least break even or few cents above my cost before I sell. After all price now is near to your entry price. Just to share my opinion, not advise please.

Satkeimah

22 posts

Posted by Satkeimah > 2021-10-15 08:47 | Report Abuse

Thanks @Benhobenhobenho

imvu

7,888 posts

Posted by imvu > 2021-10-15 15:09 | Report Abuse

tolong naik atas 0.600 ok .

imvu

7,888 posts

Posted by imvu > 2021-10-15 17:18 | Report Abuse

minggu depan FCPO breakout 5,000 lagi sekali , shchan gap up limit up .

goody99

1,814 posts

Posted by goody99 > 2021-10-18 09:53 | Report Abuse

unfortunately record daily volume also can not push the share price more than a few sen. The operator just want to sell, not push the share. There is no need to buy share that can not perform.

Posted by Benhobenhobenho > 2021-10-18 13:35 | Report Abuse

When buy plantation counters, one need lots of patience to hold, sometimes years before u can see some profits

imvu

7,888 posts

Posted by imvu > 2021-10-20 11:57 | Report Abuse

oit , bangun la .. kalau ku tahu ku masuk dekat kaunter thplant , bplant , jtiasa .

imvu

7,888 posts

Posted by imvu > 2021-10-20 11:57 | Report Abuse

aasia yg rugi pun nampak macam nak limit up .

CCWONG

290 posts

Posted by CCWONG > 2021-10-20 13:39 | Report Abuse

What are the positive factors favoring the oil palm industry especially the upstream oil palm companies with huge amount of oil pal estates:

1. RM to USD is > RM4.15++
(Oil palm export proceeds in USD will bring back more RM to their kitty).

2. Good CPO price > RM4.5K/ton to RM5.0K/ton ++.
(Same efforts, but selling at extremely good prices. Laughing all the way to the bank).

3. Most raw materials & costs of productions are sourced locally in RM including fertilizers as
Malaysia has a strong resource-based economies as Malaysia has been in oil palm industry
business for more than 50-60 years and so almost everything is local.

4. Upstream oil palm business is simple & no need for a Rocket Scientist to teach. Follow the
basics, follow SOp & get them right.

5. For gold, steel, etc, closing stocks are based on purchasers from suppliers of them.
(So, you realize when the gold, steels, etc are very high in prices, high profits are reported &
when their closing stocks are high - Quantity x Closing Stock Price Valuation).

6. For oil palm estates, the closing stocks are on the trees & keep on harvesting from its own
sources (oil palm estates), so no need to buy unless you are skewed more towards CPO
extraction milling & trading. Keep producing, harvesting & get more values from the trees.

7. So, for the same efforts, for the same marginal increase in costs (fertilisers & labour), the
operating profits generated as explained in above are 1.5 fold,2 folds, 2.5 folds, etc.

8. I sit comfortable with my simple business model analysis with oil palm industry & the oil palm
companies I invest in for long term (LT) & know that I will reap from my patience & be rewarded.

Satkeimah

22 posts

Posted by Satkeimah > 2021-10-25 10:45 | Report Abuse

Bila ke 0.68 ...

goody99

1,814 posts

Posted by goody99 > 2021-10-29 10:58 | Report Abuse

if this trend continue, 50 sen may not survive...

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