Posted by FullTime > 2015-11-25 16:32 | Report Abuse

Ambulance waiting outsite for Mieco

Posted by joni > 2015-11-25 16:33 | Report Abuse

its so cheap

Posted by bonbon > 2015-11-25 16:56 | Report Abuse

Dropped like no tomorrow with huge volume Better take profit and stay aside first

Posted by Ezra_Investor > 2015-11-25 16:58 | Report Abuse

Huge volume, you really think so?

When it breakout, it shoot up with 21.9 mil.
When it is T+3 drop, it is 6.8 mil.
Today is only 3.8 mil.

Posted by bonbon > 2015-11-25 17:03 | Report Abuse

I don't want to argue with you. Just buy if you want to buy. As for me, I rather take my profit and stay aside

Posted by Ezra_Investor > 2015-11-25 17:10 | Report Abuse

I don't want to argue with you as well.
I do NOT recommend a buy or sell call.
I ONLY provide facts and figures from the chart.

Everyone makes their own decisions.

Posted by dnn78 > 2015-11-25 17:31 | Report Abuse

Good note on the volume ezra. Thanks

Posted by Superb99 > 2015-11-25 17:59 | Report Abuse

OTB recommended a buy call before at 1.23, I am waiting for his comment on this counter, I myself also not sure about this counter now, why dropped so much? overbought or overvalued?

Posted by Johnnys > 2015-11-25 18:03 | Report Abuse

lucky cut loss yesterday... otherwise today can jump off from KLCC.

Posted by tiekyu > 2015-11-25 18:04 | Report Abuse

RSI(14) is 59. This means it just comes down from overbought position. wait until it comes to 30 and lower.

Posted by Superb99 > 2015-11-25 18:48 | Report Abuse

wow, Johnnys, your holding should be very large...lol

Posted by Superb99 > 2015-11-25 18:52 | Report Abuse

this counter is growing so no worry and selling at the price which is lower than its NTA

Posted by chl1989 > 2015-11-25 19:39 | Report Abuse

What is the next support lvl to go in? :)

Posted by wisdomtot > 2015-11-25 22:16 | Report Abuse

1.08

Posted by megapower > 2015-11-25 22:25 | Report Abuse

this only temporary due MYR VS USD low

Posted by bracoli > 2015-11-25 22:51 | Report Abuse

otb rekomen this stock ? y no c him post?

Posted by funitec > 2015-11-26 00:18 | Report Abuse

Back to buying price. Sold 1/2 @ 1.23. Can Top up 5k n wait again.A few hundred every bounce is Fun...ny.

Posted by Superb99 > 2015-11-26 07:52 | Report Abuse

yup, I will average down for any 5 to 10 sen drop, have to act like buaya, eat up all the panic sellers....lol

Posted by i3i2i1 > 2015-11-26 10:58 | Report Abuse

i think forming base now.. can recollect, i think...

Posted by Superb99 > 2015-11-26 15:53 | Report Abuse

market sentiment is poor

Posted by Ken Lim > 2015-11-26 17:37 | Report Abuse

all scare for interest rate

Posted by ChasingDreamz > 2015-11-26 18:11 | Report Abuse

Buy now, 1.13. Stop loss 1.08 shortterm. TP 1.31, really good 3.6 cutloss-profit ratio.

Posted by babypost > 2015-11-26 19:47 | Report Abuse

Still can up to 1.31 ?!

Posted by sarariman > 2015-11-27 10:56 | Report Abuse

1.08 now

Posted by Ken Lim > 2015-11-27 11:18 | Report Abuse

OMG I AM STUCK WITH THE MARKET NOW

Posted by FullTime > 2015-11-27 11:39 | Report Abuse

can re-enter at 99 cents

Posted by chl1989 > 2015-11-27 12:08 | Report Abuse

So low meh. Haha.

Posted by BearbearDrop > 2015-11-27 12:09 | Report Abuse

Just throw at me at 99 cts
Like an Arabian prince

Posted by chl1989 > 2015-11-27 12:49 | Report Abuse

It is a turn-around bet. Its roic and earning yield <10% (in others words, not efficient n not cheap). But shows sign of improving: its cash flow is healthy, debt reducing, cash reserve increasing. Tp of rm1.5(pe 10 which was the pe right before latest quarter announced) should be easily achievable. So, <rm1.10 is definitely a good bargain with upside margin of >30%. :) what say you?

Posted by BearbearDrop > 2015-11-27 14:02 | Report Abuse

Everyone else want to cash out to pay for their Christmas, Raya, Deepavali and any coming festival
May be now is a good chance to buy at a killing low price

Posted by Icon8888 > 2015-11-27 14:05 | Report Abuse

Sold at 126 few days ago

Posted by Icon8888 > 2015-11-27 14:07 | Report Abuse

profit has been used on a yummy steamed tilapia dinner

Already digested and returned to mother nature

Posted by Superb99 > 2015-11-27 14:07 | Report Abuse

today is Friday thus people normally won't like to hold shares over the weekend, if it still dropping on monday then really weird

Posted by BearbearDrop > 2015-11-27 14:11 | Report Abuse

Abalone scallop king crab shark fin

Posted by Superb99 > 2015-11-27 14:13 | Report Abuse

This counter is strongly recommended by those analysts so lousy mer

Posted by Icon8888 > 2015-11-27 14:13 | Report Abuse

Tilapia

I played small small only

Made peanut profit, can't afford abalone and shark fin

Posted by BearbearDrop > 2015-11-27 14:26 | Report Abuse

Mieco gave me enough money to fly to my favorite island to enjoy all the best seafood in this world!

Posted by Loopy > 2015-11-27 14:51 | Report Abuse

Careful cholestrol

Posted by backspacei3 > 2015-11-27 14:52 | Report Abuse

apa jadi

Posted by Ezra_Investor > 2015-11-27 14:52 | Report Abuse

Almost hit the Fibonacci 38.2% support.
See if it can withstand the selling pressure. This is one of the stronger support line.

Posted by Ezra_Investor > 2015-11-27 15:08 | Report Abuse

Market sentiment is poor these days, most likely due to holiday season?

Posted by chl1989 > 2015-11-27 16:13 | Report Abuse

Dont worry. Rainy days will be over soon :) buy when others fear

Posted by Ken Lim > 2015-11-27 17:53 | Report Abuse

Don't be too positive this storm can destroy your empire !!!
Just starting

Posted by chl1989 > 2015-11-27 22:47 | Report Abuse

How about Mr Otb? What is your view on current market as well as mieco? It seems like most of the investors are backing off from share due to the high potential interest rate hike in Dec. To me, this bloody thing has been in the know of everyone for a very long time and it must have been factored in already. :)

Posted by chl1989 > 2015-11-27 22:47 | Report Abuse

Would appreciate advice from sifu icon8888 as well :)

Posted by investpeople > 2015-11-28 09:49 | Report Abuse

Take rest or holidays first. Come back to Bursa Saham just after Christmas.

Posted by Superb99 > 2015-11-29 16:13 | Report Abuse

Don't understand why OTB ask us to buy at 1.23

Posted by Ezra_Investor > 2015-11-29 16:54 | Report Abuse

Most likely due to the technical analysis chart formation of Mieco, Superb99.
From the chart, I saw a very very bullish formation was formed previously.
However, the recent plunged has spoiled the formation.
Anyhow, Mieco is still well support by the Fibonacci support, so let's see how next week.

Posted by chl1989 > 2015-11-29 19:54 | Report Abuse

Rebounding next week! :)

Posted by Ken Lim > 2015-11-29 19:57 | Report Abuse

fundamental can change technical anytime