Posted by CLS1975 > 2015-08-06 09:32 | Report Abuse

just let it free falling until the bottom, just prepare your cash.

Posted by W > 2015-08-06 09:38 | Report Abuse

what's happen to this counter? Can someone educate?

Posted by CLS1975 > 2015-08-06 09:45 | Report Abuse

just look at buyer part, not many, and yesterday those contra player bought at RM0.405-0.42 (large volume at RM0.405) will sell in loss if BIG BOY don't join in next few days. it maybe drop below RM0.385.

Posted by W > 2015-08-06 09:46 | Report Abuse

who is BIG BOY u mean?

Posted by CLS1975 > 2015-08-06 09:47 | Report Abuse

BIG BOY = SCANWOLF = the company

Posted by CLS1975 > 2015-08-06 09:50 | Report Abuse

the Directors are making easy money here instead of operating a manufacturing company.

Posted by richkid > 2015-08-06 09:51 | Report Abuse

The big boys are not coming out to buy. So the retailers and contra players are worried dead as they are holding on but the price keeps dropping little by little without support. That is the reason many cut loss and wait at the sideline. Until the big boys are back the price will move again.

The buying and selling queue already indicated less buyers and more sellers waiting. This is not a good sign. Unless we see huge buying queue, Scanwolf will be dropping again. Cut loss and leave if playing contra. If break 38.5 sen we will drop down to 36 sen. Stay alert. Buy only if the volume is coming back.

Reason for the problem.

1. Ringgit weakness. It has continue to fall down even with BNM intervention.
2. Fragile market sentiment. Many got burnt losing tons of money. Look at IFCA forum.
3. Political uneasiness. Bersih rally planned end August will have people waiting before dumping more money in the stock market which can crash on any bad news.
4. More sellers than buyers. Everybody prefer cash now. Stale bull selling on strength.
5. Big boys are selling and not taking risk as ringgit drop.

Posted by leealan > 2015-08-06 09:56 | Report Abuse

cls1975 u r right, they trap those contra n short term investor

Posted by Mohd Fadli Mohd Shariff > 2015-08-06 09:56 | Report Abuse

lets hope the company director buy again

Posted by richkid > 2015-08-06 09:57 | Report Abuse

It is not easy to play under this kind of market condition...unless you got ton of cash and prepare to hold long term...until the political stabilize and oil price resume uptrend. We cannot sell short...we can only play long...and when it drops how can we make money??? Maybe we can sell first buy later? The price might be cheaper. That is the only concern. Look at IFCA...if they sell at 1.30 and buy back at 86sen now...right? But still IFCA is dropping...So how to play??? Many got burnt 100K - 120K...and cry without tears.

Posted by Mohd Fadli Mohd Shariff > 2015-08-06 09:59 | Report Abuse

look at the announcement Plaintiff had on 28 July 2015 withdrawn the suit against the Defendants (including the Company) with no order to costs. hope the directors buy more shares to stabilse the share. it can be done overnight if they wish

Posted by CLS1975 > 2015-08-06 10:03 | Report Abuse

leealan, just get ready your cash. wait for still it reach bottom, RM0.30-0.35 (movement level in between middle of year 2012 until end of 2014)

Posted by leealan > 2015-08-06 10:06 | Report Abuse

very precise n detail explanation from richkid

Posted by CLS1975 > 2015-08-06 10:07 | Report Abuse

but big boy may join in for while to trap some more contra players anytime at this moment, it maybe go up to RM0.41.

Posted by leealan > 2015-08-06 10:07 | Report Abuse

unless u have ton of cash then can consider catching the dropping knife

Posted by Muhd. Affandi Abd. Halim > 2015-08-06 10:08 | Report Abuse

Agreed with u #richkid...

Posted by donphatz > 2015-08-06 10:18 | Report Abuse

buyers seems to coming back. Big que waiting for the 0.375

Posted by Mohd Fadli Mohd Shariff > 2015-08-06 10:22 | Report Abuse

really miss the 24,374,300 volume day, as long term player, i hope the directors consider to buy more

Posted by samer > 2015-08-06 10:31 | Report Abuse

big boys are accumulating at 0.375 - 0.38. Every time someone bought at 0.38, they will replenish the buy q

Posted by Peter123 > 2015-08-06 10:35 | Report Abuse

0.38 is good price to enter!

Posted by W > 2015-08-06 10:40 | Report Abuse

how u know big boys accumulating at the price?

Posted by samer > 2015-08-06 11:01 | Report Abuse

observation and "brokers' tip off"

Posted by afata08 > 2015-08-06 11:13 | Report Abuse

wait @ 0.30

Posted by richkid > 2015-08-06 11:37 | Report Abuse

This is the problem...Look at the market at a whole. Already 464 counters down and only 178 up.
Unless ringgit can come up strong, market sentiment will drift lower and lower. Be cautious. Cash is king for now. Bursa index already down 15 points. I sold off all my holdings...just watching the show. I don't want to let my profit drop down to zero again. If the political, ringgit and sentiment is up again, it is not too late to buy again. For now...I prefer to stay out. Tomorrow is Friday...so not sure what is going to happen.

http://www.thestar.com.my/Business/Business-News/2015/08/06/Ringgit-opens-lower-against-US-dollar/?style=biz

Posted by CLS1975 > 2015-08-06 11:47 | Report Abuse

watching is better than investing now.

Posted by richkid > 2015-08-06 11:49 | Report Abuse

The huge drop in Bursa index is causing a fear in investors.Looks like big boys are selling blue chips. BAT, TNB, Sime, Maxis, Digi all big names going down the drain... sad day.

Posted by afata08 > 2015-08-06 11:50 | Report Abuse

Heard Bank Gabenor Zeti whose sign our RM also they wan 2 cut head!@#$%^...2.6B punya hal!...How ringgit wan 2 strength... i follow sifu now...

Posted by money_lai > 2015-08-06 11:51 | Report Abuse

some more the mh370 case leh:(

Posted by richkid > 2015-08-06 11:52 | Report Abuse

The number of counters going down keep increasing ...now already 491 counters down.

Posted by richkid > 2015-08-06 12:00 | Report Abuse

The number of counters going down keep increasing ...now already 502 counters down.

Posted by popcorn > 2015-08-06 12:06 | Report Abuse

downtime is the best time to collect cheap~

Posted by samer > 2015-08-06 13:30 | Report Abuse

popcorn, maybe not. don't risk your money ..............stay side line first

Posted by popcorn > 2015-08-06 13:35 | Report Abuse

I cut loss and sold d... now stay side and watch the show ~

Posted by popcorn > 2015-08-06 13:35 | Report Abuse

anyway if price drop below 32 cents, I will enter again~

Posted by CLS1975 > 2015-08-06 14:24 | Report Abuse

popcorn, that's what i thinking, no point to risk our $$ for a small gain at this moment.

Posted by Mohd Fadli Mohd Shariff > 2015-08-06 14:55 | Report Abuse

from stock sifu (suzardi maulan), i think for whom have cash not contra:

Ramai lagi yang tanya saya pasal situasi ekonomi negara disebabkan...
+ RM jatuh.
+ 1MDB.
+ Harga minyak.
+ RM 2.6b
+ TPM kena pecat
... [isi tempat kosong]
Tanya apa kesan, nak buat apa dan sebagainya.
Saya ni bukan economist yang pandai ulas perkara-perkara besar.
Saya cuma pandai buat benda-benda kecil.
Iaitu, kalau orang berbondong-bondong keluar dari pasaran saham, maka saya pun bersedia untuk membeli.
Nampak je senang kan, tapi susah nak beramal dengannya.

Posted by are_ir89 > 2015-08-06 14:58 | Report Abuse

All good counter drop n drop.. even new listed IPO.. sad day..

Posted by richkid > 2015-08-06 15:19 | Report Abuse

The number of counters going down keep increasing ...now already 633 counters down.

Posted by richkid > 2015-08-06 15:24 | Report Abuse

The number of counters going down keep increasing ...now already 648 counters down.

Posted by CLS1975 > 2015-08-06 15:29 | Report Abuse

have you fasten your seat belts? for those who still holding, roller coaster is going to start.

Posted by kingcobra > 2015-08-06 15:33 | Report Abuse

HOW LOW CAN U GO?

Posted by CLS1975 > 2015-08-06 15:47 | Report Abuse

if going up, no need to wear seat belts pun ok.

Posted by Peter123 > 2015-08-06 15:47 | Report Abuse

Time will come for rebound! hold

Posted by are_ir89 > 2015-08-06 15:56 | Report Abuse

its time for dare traders to buy n prepare for cut loss..

Posted by kingcobra > 2015-08-06 16:09 | Report Abuse

SO FAR THE LOWEST WAS 0280, BUT NOW 0375 STILL WANNA SELL...DON'T REGRET LATER,SHAREHOLDERS!

Posted by mh87 > 2015-08-06 16:50 | Report Abuse

Sellers are getting lower and lower.. Big potential for long term investors is absolutely sure..

Posted by kimssiat > 2015-08-06 17:35 | Report Abuse

The board all fire-fighting. So one side sell down and one side buy up?

Posted by richkid > 2015-08-06 18:21 | Report Abuse

The Malaysian ringgit weakened past 3.9000 per dollar today for the first time in nearly 17 years as local shares and government bond prices fell and concerns grew over a corruption scandal embroiling the prime minister.

The ringgit slid to 3.9000 as of 0830 GMT, its weakest since September 2 1998, a day before the government pegged was pegged at 3.8000. Malaysia lifted the peg in 2005.

Kuala Lumpur stocks fell 1.2%.

Malaysia government's five-year bond yield rose to 3.708%, its highest since June 29. The 10-year yield also advanced to 4.091%, the highest since June 17. – Reuters, August 6, 2015.

Posted by CLS1975 > 2015-08-07 08:14 | Report Abuse

"Black Friday Deals" is going to start.

Posted by richkid > 2015-08-07 09:03 | Report Abuse

Dow posts 6-day losing streak. The Dow Jones industrial average closed about 120 points lower, after falling as much as 177 points.
Oil continued to decline, with WTI crude settling down 49 cents, or 1.09 percent, at $44.66 a barrel. Brent dipped below $48 a barrel.
Damn...gap down to 36.5 sen already...