masa BENTEN jatuh.... jangan kutuk dia, kata tak bagus ke apa ke....ringkasnya tak payah menyebok laaa.... kan dah tahu fundamental of the company, so masa dia jatuh tu study and do the technical analysis.... than joint the boat again....
Benalec the uptrend is very much intact...After forming a Doji at top last week the support level of $1.40 was tested last Friday but managed to hold.More consolidation is expected in near term and may trade between $1.36 to $1.44.I will limit my losses if break below $1.36.
I 'heard' is coming out with formal announcement..so let's see if that's coming true. Pls be responsible for your own decision on buy or sell. I am just sharing what I know...if is speculation or not you decide
just follow the director...when the director buy back the share they had disposed, then is a good sign to buy...follow the last two month trend....director sendiri throw out the share before "GOOD" news announce...
err...you remember last time before AGM, director sell share at 1.52 to make fool of small fish? the price will continue to drop for few more weeks....I was holding for long term as well, i just encourage them to follow the director trend to prevent fooled by them :)
Eia report is an assessment report that might have negative impact to Ben depend on the finding and it's not just a matter of when it will be release..
Bro Hangjebat,indictaors are just a guide only.For trading the Trend is our Best friend. As i mentioned the long term UP trend of this counter is very much intact. For trading purpose the support of $1.36 must hold for its further movement in near term. After forming the Doji last week the stock has declined as suggested but the RSI remain cuving up which is good sign. In near term most likely to trade between $1.36 to $1.44. As mentioned in earlier post it needs to stay above $1.45 to move again.
With the recent land sales, I believe it will provide cushion to the coming qtrs earning's top/bottom line, while waiting for the pending EIA announcement (Tanjong Piai MOU extension) in near term. I am just being optimistic that it will pass.
ALLAN88... mesti lulus punya... Just a formality...Gua look back to the chart.... study the pattern before reached 159.. My conclusion... ada tiga anak tangga bermula pada 124.... sekarang anak tangga pertama bermula pada 136 sudah siap, anak tangga kedua in the making.... SMILE
cheeboon .... so far our bro matrixcool bagus.... Me, tuisyen kat member... dia pula tuisyen kat KL... Must be good in technical as well as fundamental.. otherwise will losing RMRM... smilee
Published on FZ : Malaysia News - General, Political, National, Business, World (http://www.fz.com) Home > In the Chinese Press: Kuokuang scraps Pengerang project, report says In the Chinese Press: Kuokuang scraps Pengerang project, report says
Nation by Chan Wei See
KUALA LUMPUR (July 23): Three vernacular papers today quoted a Taiwanese newspaper as saying, Taiwan Kuokuang Petrochemical Technology has scrapped its NT400 billion (RM42.5 billion) investment plan in Pengerang, Johor.
Sin Chew Daily, Oriental Daily News and China Press cited a report by Taiwan's Commercial Times which said Kuokuang – a subsidiary of state-owned oil refinery corporation Chinese Petroleum Corp (CPC) – dropped the investment plan after a professional assessment.
The Taiwan daily quoted a source as saying the success of shale gas exploitation in United States caused a radical change in the industrial structure of naphtha cracking.
After considering a "professional" assessment, Kuokuang was of the view that the overseas investment plan using naphtha as raw material was uneconomic, the report said, thus deciding to scrap the Pengerang plan, in a May 6 meeting.
Commercial Times had also quoted a politician as saying Malaysia warned Taiwan on failure to respond to a land leasing application before the end of July will result in the land being passed to a Singaporean petrochemical investment project, and negotiations on the bilateral Free Trade Agreement (FTA) between Malaysia and Taiwan may be affected.
The Taiwanese newspaper found something amiss that Malaysia was rarely mentioned during the Taiwanese Ministry of Economic Affairs' review on its FTA negotiations with Asean countries recently, wondering if it had anything to do with the latest development on Kuokuang investment plan in Pengerang.
Kuokuang had signed a Letter of Intent on land investment with the Johor state government in July 2012. The document stated that the Taiwanese firm should submit its land leasing application by August 1, 2013 and failing to do so was tantamount to giving up (the project).
Commercial Times was made to understand that the investment plan will not be revived as CPC and other major shareholders of Kuokuang do not intend to invest funds amounting NT6 to NT7 billion before Aug 1, for land leasing purposes.
In addition to this, using ethane in shale gas as the raw material for ethylene is far more cost-saving than using traditional raw material naphtha (saving USD300 to USD400 per metric tonne – almost half of the cost of using naphtha). Kuokuang's major shareholders were discouraged in going forward with its investment plan in Malaysia and have shown more interest in investing in US.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hangjebat
430 posts
Posted by hangjebat > 2013-07-19 17:05 | Report Abuse
masa BENTEN jatuh.... jangan kutuk dia, kata tak bagus ke apa ke....ringkasnya tak payah menyebok laaa....
kan dah tahu fundamental of the company, so masa dia jatuh tu study and do the technical analysis.... than joint the boat again....