I'm surprised to find eg is targeting European market... that eg or when listed? end july? actually it's my first time doing rights issue....haha sry many stupid questions,..
no prob venfx..still no confident in their box built segment. zero news on which contract/new customer they secured. cz their way of doing everytime sure will brag in the news.
' AUG - 2017 GOING TO BE STRONG PERFORMERS ' SHOW UP MONTHS AGAIN $$$ SO, NO MORE NONSENSES ... BCOZ U SHUD BE BUSY FROM NOW, IN SEEKING FOR YOUR SEXY LADY ... if u agree my sharing in EGgs , go ahead & buy . while u may have others sexy ladies in mind dont waste your time ... pick the sexiest one . preferrably is the ladies who export their services (industrial in e&e sectors) ... Gd Luck all :)
Ven bro, last time Mr Value came to Vis when the price at 0.30+, the price started to move upwards till now 1.24. Is it a sign for Egg to move similarly since he showed his face last Thursday...hehe
The FBMKLCI closed higher +3.53 point or +0.20% to close at 1759.16.
Last week FBMKLCI remain strong supported sideways at range above 1750-1760. On Friday closing, both futures and klci movement showing chance of turning up, as long as it close above 1761 consider a turning up point.
DJIA remain positive and support at peak, as most company post better than estimate result, which mean the bull should can continue survive for a while.
Since am bullish on FBMKLCI, index stock like CIMB, ASTRO, TENAGA, WPRTS will be very much in focus.
*World Market Outlook
DJIA - Strong support area at 21450+, without breaking mostly is fine.
EUROPE - Mostly start to show downtrending, might due to EURO strenghtening.
HSI - Still bullish and running high. Hope it can sustain and dont sudden big fall.
NIKKEI - No much movement, remain sideways at peak.
THAILAND - Also no much movement, remain sideways at peak.
INDONESIA - A bit downtrending movement if no rebound up this week.
Malaysia - Still strongly supported, but also seems quite hard to go up.
*Important Note
Market remain hard to predict, but if our index manage to be supported, then should still have some stock goreng up and down. Have to be careful as usual.
*Result Comment
CCB - Mercedez seems sales profit recover, if next quarter also remain strong sales, then the price potential make a big bottoming up, which mean at least can recover up higher towards RM 2.50-2.80.
*Follow Up
AIRASIA - Closing higher up on T3/T4, which seems still ok to go higher. Don't break RM 3.24-25, then got chance to trend up higher towards RM 3.40+.
DRBHCOM - Still sideways on support, without breaking RM 1.65 then I still look good at it, if break again then mid term mostly not going up so fast.
EKOVEST - At least showing a bit rebound on support, if construction goreng theme is back, this stock that have the most order book at RM 12.7 bil, should at least rebound up higher towards RM 1.20+.
FPGROUP - After slight rebound up, now sideways movement, without breaking RM 0.865, then got chance to challenge RM 0.90 again.
FGV - Raise support to RM 1.69, without breaking, got chance to rebound up higher.
HEVEA - Very bullish, without breaking RM 1.60 then can go higher.
JAYCORP - Last mentioned on Result comment 23/6/17, good result with 5 cent dividend, mid term at least go back RM 1.40-1.50, after ex 5 cent dividend on 13/7, last Friday big push up close at RM 1.49. Quite bullish and strong. Without breaking RM 1.44 then might be continue go higher up.
* STOCK PICKS for FIFO / CONTRA * Short Term Section *** Buy low and sell high, Not chase after it move alot, need time monitor, got risk if fail need CL.
SUNCON - Previously called FIFO on ECONBHD, and ECONBHD breakout go higher, SUNCON seems to be possible breakout go higher too. Cut if break RM 2.02, else once breaking RM 2.07-2.08 then mostly will big spike up.
EG - Whenever it drop to around RM 0.8 this level, it rebound, potentially rebound up near RM 0.90 again. Cut if break RM 0.795.
VS - Last follow up on 11/7, Stop falling with dividend of 1.5 cent. If can rebound up above RM 2.0, then mostly still ok, last Friday seems to be pushing up strongly, closing at almost new high (high at RM 2.10), so can monitor if break RM 2.10 mostly will trend up higher again. Just hold if already got position.
Dont waste your time with explanation, people only hear what they want to hear this Monday !!
"Melabur Sampai Meletup"
Yours Sincerely,
Logic Trading Analysis
DISCLAIMER : All information from Logic Trading Analysis is for education, self improvement & personal use purposes only, NOT RECOMMENDATIONS. Kindly ask your remisier or dealer representative before making any orders, trade at your own risk!
not totally out yet coz the good things has yet to come.... this is the way to out played the contrarians n the last winners r those who can persist n hold the fight to the end...
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....
Alex Foo
12,594 posts
Posted by Alex Foo > 2017-07-18 15:54 | Report Abuse
ic....if i understand correctly....if i buy now, but didn't subscribe to rights issue, i will suffer dilution...
but i can also choose to buy after ex-right, although i may lose the possible cheaper rights issue price....and also missed bonus issue....
anyway....im doing EG homework right now....i read all your previous comments and am truly appreciate about your insights =)