MARINE & GENERAL BERHAD

KLSE (MYR): M&G (5078)

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Last Price

0.31

Today's Change

-0.005 (1.59%)

Day's Change

0.31 - 0.32

Trading Volume

985,600


10 people like this.

3,697 comment(s). Last comment by kcliew08 2 days ago

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-19 15:32 | Report Abuse

preparing bullet for nxt phase. fundamental still intact

Posted by jackytheman > 2014-02-19 15:42 | Report Abuse

coming or not? maybe will drop back to 50 cents ?

Posted by jackytheman > 2014-02-19 15:43 | Report Abuse

anyone care to explain a bit ?

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-19 15:46 | Report Abuse

50 sen is ridiculously low. market cap just 240m. even ebitda is larger than that

Posted by jackytheman > 2014-02-19 15:47 | Report Abuse

then how low will it drop? 60 cents?

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-19 15:57 | Report Abuse

my personal estimate of lowest floor price 58 sen. though highly unlikely u get big lots. wait too long u may be forced to pay higher price.

Posted by jackytheman > 2014-02-19 16:02 | Report Abuse

maybe now good time to start buying and accumulate?

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-19 16:09 | Report Abuse

yes. accumulate in few stages.

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-19 16:13 | Report Abuse

Support is at this zone 625-635. My 2c, shld b completed downtrend n may like lee says, moving sideway. I may have miscalc this ctr n aplogise to mislead if anyone did listen. But pl do yr homework n trade at own risk. My positions are 72-76, stranded too n tq kuya hawk kindly indirectly corrected my mistakes.

Posted by jackytheman > 2014-02-19 16:18 | Report Abuse

OMG I went in at 0.65 and 0.645... this time die loh . bought a lot .

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-19 16:19 | Report Abuse

If close at 0.65 will have higher chance to consolidate earlier....as it might form inverted hammer pattern which indicate trend change

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-19 16:24 | Report Abuse

Lt....u are still confident with the fundamental right?
Then we trust u hahaha

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-19 16:27 | Report Abuse

Jacky...if u believe in this stock fundamental...and got holding power, just hold
I dont think the game ends here

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-19 16:35 | Report Abuse

The game has not ended but only retracement. I calc wrongly or else, i wud have not reenter at that price i mentioned. I wud have enter at this zone.

Posted by jackytheman > 2014-02-19 16:35 | Report Abuse

OMG I just simply just key in 0.655 after going to toilet and come back ... done all sold . SHIT

Posted by babyzebracrossing > 2014-02-19 16:37 | Report Abuse

there goes the hammer..here we go

mrlim

280 posts

Posted by mrlim > 2014-02-19 16:42 | Report Abuse

told you not to sell at low price

Posted by jackytheman > 2014-02-19 16:45 | Report Abuse

Man .... wanted to cancel but didn't expect it go up so fast .... when toilet shit and there it goes ... my shit cost me so much :(

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-19 16:46 | Report Abuse

ct- yes. ths co form abt 50% of my portfolio. have done valuation n projection for this co. i can share details with u if u are interested.

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-19 16:46 | Report Abuse

Downtrend, 1 2 3 4 5 & price shot up. There it flies, beginning of w5.

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-19 16:50 | Report Abuse

Tq LT. For fa, im not familiar n i only trade totally based on chart. But i do read the recent writeup posted here. Tq bro.

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-19 16:50 | Report Abuse

According to bro skyhawk...downtrend still intact...but possible it won't go down again right?

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-19 16:50 | Report Abuse

Lt...pls share with me yr precious fa info

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-19 16:53 | Report Abuse

i guess will create blog for benefit of everyone here. by july u will realise that silk current valuation is no brainer

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-19 16:56 | Report Abuse

ct- ur analysis is not a failure. its just didnt happen because of negative reaction on toll issue

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-19 16:59 | Report Abuse

Tqvm LT n since i have been holding, i will hold til end of its coming uptrend. Definately min 0.88. Cheers bro n happy trading.

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-19 17:01 | Report Abuse

Bro LT, pl share your blog if u have one. I will visit n read your writeup.

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-19 17:10 | Report Abuse

Yea pls share around...thx for yr effort man...
Just curious one thing...since 2009 silk edi involve in oil and gas sector, how come now only become hot?

Posted by jackytheman > 2014-02-19 17:51 | Report Abuse

now 0.67 can still buy back ? or go in ? any brother here can share ur opinion ?

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-02-19 17:55 | Report Abuse

Today is technical rebound....tomorrow will back to above 0.70 cent

Posted by jackytheman > 2014-02-19 17:58 | Report Abuse

what is technical rebound mean ? Sorry start playing jan2014 only ? mean Can I go in full force tomorrow?

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-19 18:15 | Report Abuse

ct- its because of the deep water vessels that they have & spike in malaysian deep water exploration activity. they hv 7 vessels by mid-2014. pcsb will need at least 20 units of 10k bhp vessels this yr.
its lucrative assets to own the assets at right time

sklyte

2,621 posts

Posted by sklyte > 2014-02-19 19:13 | Report Abuse

buy buy buy now, , silk will be announcing a restucturing on its tol concession, reducing its interest rate, and remember silk havent used any of their tax allowance

LTInvestor

107 posts

Posted by LTInvestor > 2014-02-19 21:19 | Report Abuse

rm400+ worth of tax allowance..no need to pay tax for long time

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-20 08:34 | Report Abuse

Tq LT.

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-20 08:38 | Report Abuse

Bro CT...u feel that the downtrend has stopped?
hope it reli stop here but yet to monitor

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-20 09:55 | Report Abuse

Today it gap opened but my concern is no vol. During the minor downtrend, vol diminished indicated ppl stil held it tightly so this reaasured me that uptrend will b coming. See how lol.

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-20 10:01 | Report Abuse

yea...vol thin still...this is my concern too...the big player still berpeluk tubuh haha
need vol to resume uptrend if not might reverse...i hate to see that haha

skyhawk

4,453 posts

Posted by skyhawk > 2014-02-20 10:09 | Report Abuse

Bro CT,Lee.....as expected it is now unfolding the corrective Wb...shld resumes downtrend soon..maybe another day or two..hopefully to c....Wc..

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-20 10:12 | Report Abuse

bro skyhawk...its sad to see another downtrend if reli happening... u foresee drop until 58c?
ask u...pjd-wc...all the way to 90c in between got 1-2 minor dip?

Posted by jackytheman > 2014-02-20 10:13 | Report Abuse

can go in now ? 0.685

Posted by jackytheman > 2014-02-20 10:14 | Report Abuse

I go 50k ? what is ur opinion bro?

skyhawk

4,453 posts

Posted by skyhawk > 2014-02-20 10:22 | Report Abuse

bro lee....d trend is v bullish...is normal to hv dips in between..
jackytheman....is not d right time to go in...just my2c.pls do your homeworks.

Posted by jackytheman > 2014-02-20 11:00 | Report Abuse

Alamak went in liow :( pray GOD ... perhaps buy more to average up . what is the best buy now ?

Posted by albert_yeoh > 2014-02-20 12:37 | Report Abuse

come join the game..im in the boat catching at @0.675 - 0.680,
rebounced coming

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-20 12:47 | Report Abuse

Kuya cum sifu Hawk, i oredi keep it into my icebox n tq. I dont dare to avy down unless when it is uptrending with huge vol, then i will avg up. Cheers bro.

skyhawk

4,453 posts

Posted by skyhawk > 2014-02-20 13:09 | Report Abuse

CT.....I m taking profits on some of my counters....to get d funds ready for my...Silk babe...sighted in d near distance...comingggggg!!!
:D:D

CityTrader

8,151 posts

Posted by CityTrader > 2014-02-20 13:12 | Report Abuse

Sifu Hawk, u re injecting an ong to my mind, tqvm.

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-20 13:26 | Report Abuse

bro sky...wad level r u looking at again? 58?

lee9fold

4,730 posts

Posted by lee9fold > 2014-02-20 13:26 | Report Abuse

hevea u manage to sell around 1.3 bro skyhawk?

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