Posted by nomanland > 2014-05-21 21:06 | Report Abuse

4 indicators is tell me it is going to be bearish trend for awhile. Stochastic, MACD, Wm%R, and CCI. Another formation, Piecing Line(19/5/14 and 20/5/14), Bearish dragonfly doji (21/5/14). Interesting eh! JMHO.

Posted by Stock Operator > 2014-05-22 17:04 | Report Abuse

basing at 3/305
run up.... soon ;)

Posted by nomanland > 2014-05-22 21:45 | Report Abuse

double doji at the uptrend. be very careful. If open low and close low (blank candle), confirm reversal and bearish.

Posted by nomanland > 2014-05-22 21:50 | Report Abuse

look at the chart on 15/Jan/14 to 21/Jan/14, it looks similar to this week movement.

Posted by Stock Operator > 2014-05-23 11:01 | Report Abuse

hi guys... please have long term view instead of short term trading.
Short term fluctuations is inevitable... long term prospects for this company is pretty awesome.

Please note that ex dividend is next Wednesday. Good semi annual payout.

When the big boys start to notice this counter, this counter will soar like smrt/presbhd.

We just need the likes of Brahmal Singh, Mr Koon, Coldeye, EPF (mkt cap too small, probably not within their criteria) to make their presence known in this relative low profile company.

Posted by Stock Operator > 2014-05-23 14:56 | Report Abuse

wohoo, discount again! Can collect some below .3

Posted by Stock Operator > 2014-05-23 16:10 | Report Abuse

interesting.... T+4, kenna force sell?

Posted by Tina Khoo > 2014-05-23 17:19 | Report Abuse

Ex dividend 28/5 ? Y near dividend always ppl press down?

Posted by Stock Operator > 2014-05-24 10:46 | Report Abuse

(1) Force sell? I saw the parked sell queue at .3 switched to sell at mkt at .295. (Contra players)
(2) Management (insiders) want to collect cheaper? Scare tactics, make public sell. (Highly doubt it's this. Volume was below average)
(3) #nomanland has a point, chart does look similar BUT it was before all the spike up volume occurring in march. Furthermore, if you check Accumulation/distribution level.... Accumulation level is all time high.

I, personally would first look at the macro view:
KLCI was bearish the last couple of days, it's natural shrimps would unload at current prices.

Then looking at the counter: No announcements of shareholders unloading recently other than the one time off starting of the month.

On chart, MACD is turning bearish, no denying that. BUT vol. below average when prices dipped. Accumulation level still high.

JMHO, we should collect at this price discount.
Dividend of 0.0065 would be (0.0065/0.295= 2.2%) Semi annual payment.
One year would translate to 4.4%.

Look at Nov 2013 to current spot month. Direction of the counter is evident= North... Up to the stars and moon.

Well, I could be wrong. Maybe, come Monday it would drop below 0.25.....

Trolls, I welcome your attack.

Posted by nomanland > 2014-05-24 19:55 | Report Abuse

#Stock Operator, I will wait for those 4 indicators I mentioned before to almost reverse + good candle stick, then start buying. Look at the MACD histogram, strong divergence down trend. The divergence shape up and down since March 2014. As for the Accumulation/Distribution does not tell much when to buy or sell. I am eyeing on this counter.

Posted by nomanland > 2014-05-24 20:02 | Report Abuse

Dividend is a benefit if wanted for medium to long term investment and if the company fundamental is good. Investor like me, I am in and out when the price is right and waiting for dividend is like "...it is a boy." or "... it is a girl"

Posted by nomanland > 2014-05-24 20:04 | Report Abuse

Waiting for the company to give dividend in a month or so, too risky for me. I just can't see the future.

Posted by nomanland > 2014-05-24 20:21 | Report Abuse

#Stock Operator, another overlay indicator you might want to use are the Ichimoku Kinko Hyo and Bollinger Band. With these 2 indicators overlay on top of the candle stick chart, you will notice the direction. Again, I use the CCI, RSI, Stochastic, Stochastic RSI, MACD, Momentum, and others for the signal to get in or out. Another indicator I tried many time not to use is my stupid guts feeling and greed.(ridiculous most of the time). JMHO

Posted by Stock Operator > 2014-05-26 10:18 | Report Abuse

#nomanland I understand where you're coming.
I'm a long term investor for this counter, I shouldn't look at it every second. haha.

Posted by nomanland > 2014-05-26 11:59 | Report Abuse

#Stock Operator, my point is just be careful.

Posted by Stock Operator > 2014-05-26 14:22 | Report Abuse

#nomanland... yeah mate. Thanks!
I'm pretty sure it was force sell.. Saw the sell queue parked at .3 switched to .295 to .29 to .285. before 1230.

Posted by WDragon > 2014-05-27 09:52 | Report Abuse

anyone goes today meeting? any good news? 2morrow got diviend, right?

Posted by Stock Operator > 2014-05-27 10:31 | Report Abuse

tmr ex dividend.
I'm not attending.
Those kind sirs/madam who attend, kindly update.
Thanks!

Posted by jupiter 53 > 2014-05-27 11:33 | Report Abuse

It will be normal process to pass through the resolution/agenda in such meeting. Nothing exciting other than the dividend payout which already announced.

Posted by WDragon > 2014-05-27 15:44 | Report Abuse

no news means good news

Posted by Stock Operator > 2014-05-27 16:12 | Report Abuse

constantly face selling pressure

Posted by nomanland > 2014-05-27 19:04 | Report Abuse

technically, it is still bearish and down hill. JMHO.

Posted by kwongliang > 2014-05-28 11:48 | Report Abuse

the RSI (near to 70%) indicated that this counter has been overbought. Is it still a good time to buy?

Posted by Stock Operator > 2014-05-28 13:29 | Report Abuse

if u think it's overbought, then u shldnt buy it ;)

Posted by nomanland > 2014-05-28 14:50 | Report Abuse

#kwongliang, refer to MACD, Stochastic, and others indicator to confirm and decide. JMHO

Posted by Stock Operator > 2014-05-28 14:58 | Report Abuse

we might see something interesting before this session is up.

Posted by Stock Operator > 2014-05-28 16:52 | Report Abuse

guess nothing interesting.
not quite .290 was taken up

Posted by nomanland > 2014-05-29 00:18 | Report Abuse

waiting for it cross and turn. hopefully by next week. JMHO

Posted by Stock Operator > 2014-05-29 10:41 | Report Abuse

#nomanland, don't have to worry if your opinions are different from others in the forum.. it's a forum!

Posted by nomanland > 2014-05-29 16:07 | Report Abuse

#Stock Operator, no time to worry about anything. Cut lost if I have to and start over again. At least better than fixed deposit interest rate.

Posted by Stock Operator > 2014-05-29 17:24 | Report Abuse

#nomanland such counters are different from US counters.
What we read from books written by americans cannot be applied to msia stocks as mkt cap so much smaller. Majority of the shares controlled by certain individuals.
Another related point, illiquidity of the counter.

For #picorp, based on it's results, it's still pretty okay to hold on to. Don't let the short term dip in technical indicators scare u away... cause when it jumps, hard to get it. JMHO ;)

Posted by nomanland > 2014-05-29 19:16 | Report Abuse

#Stock Operator, will take notes. Initially, I was looking for medium to long term investment. After having fun, I noticed that someone or some group are having fun with those penny stock or less than 60cents. Basically, "hook, line, and sinker" type of strategy. After that, lots of buyer will get stuck at higher price. "illiquidity of the counter", I can agree.

As for now, I will take a few points and out I go. Only those stock which I think is worth it, I will invest it whether it is up or down. I don't have to worry about anything as I told myself, it is already gone.

Life is just too short. Enjoy while it last.

Posted by David Lee > 2014-05-30 19:35 | Report Abuse

0.285 now. good time to dump more?

Posted by alphajack > 2014-05-30 22:06 | Report Abuse

uh oh..results quite bad lolol. Habis la..lucky I dumped most of it at 0.30..Sien..next week reds..zzz

Posted by Stock Operator > 2014-05-31 10:59 | Report Abuse

lol.
such is life! Win some, lose some ;)
Gonna hold though.

Posted by WDragon > 2014-05-31 11:10 | Report Abuse

its fundamental still strong. waiting for more projects from government.

Posted by Clayton > 2014-06-01 21:52 |

Post removed.Why?

Posted by Stock Operator > 2014-06-02 09:59 | Report Abuse

flash drop.
GG =>

Posted by Stock Operator > 2014-06-02 11:38 | Report Abuse

what's the moral of the story? What does well in the past does not mean it will continue to do well...
dropping like nobody's business. No support from management.

Posted by alphajack > 2014-06-02 11:59 | Report Abuse

lol gg liao

Posted by Stock Operator > 2014-06-02 12:00 | Report Abuse

yea confirm gg.
every time .255 cleared. some joker place another 100 lots there. jesus christ

Posted by kwongliang > 2014-06-02 12:07 | Report Abuse

what is "gg"?

Posted by Tina Khoo > 2014-06-02 14:36 | Report Abuse

Dropping so much !!! Y...

Posted by Stock Operator > 2014-06-02 14:39 | Report Abuse

gg= good gamed= screwed.

Posted by Stock Operator > 2014-06-02 16:36 | Report Abuse

eh, someone call the owner to buy it up leh. don't let it bloody close low!

Posted by Stock Operator > 2014-06-02 16:48 | Report Abuse

bloody hell. black candle down...
GG week.

Posted by Stock Operator > 2014-06-02 17:00 | Report Abuse

sad day.
gonna be a sad sad week.

Posted by Aravind Kpn > 2014-06-02 19:53 | Report Abuse

why screwed? what did they do?

Posted by nomanland > 2014-06-02 19:58 | Report Abuse

I noticed at sell 0.255 from 230pm to 500pm, whenever it dropped to about <100-300 lots, someone, just top it up. Look like someone it preventing the price to go up to 0.260.

Posted by alphajack > 2014-06-02 20:11 | Report Abuse

I think one of the funds are selling. Quite obvious la..cannot be directors since got no announcement. Oh well..expect a bit more correction. One interesting thing about this stock is they had a good year in 2011, 2013 and mediocre year in 2012. 2014 is prob a mediocre year and we need to understand this biz more to know about it..probably contract driven and no so much awarded this year...Not much news about these specific contracts too since it is a possible crony company and this makes it even harder..hmm..I am prob gonan call it a day in this stock sayonara..