TECHBASE INDUSTRIES BERHAD

KLSE (MYR): TECHBASE (8966)

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Last Price

0.155

Today's Change

-0.005 (3.13%)

Day's Change

0.15 - 0.16

Trading Volume

356,600


19 people like this.

10,642 comment(s). Last comment by AlfI3 2 days ago

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 21:07 | Report Abuse

Rr88. Aiya if u goreng don't talk about the share fundamental la pls, very funny u know.? If u goreng just talk about ur technical technique, awhile give tp rm2-3 la. Awhile say tp below 1 la

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 21:08 | Report Abuse

There is no tp for u goreng guy OK. U only follow the red candle, red candle come out then cut loss, green candle come out fast fast in. Don't say about Tp. U JUST GORENG OKAY

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-10-08 21:09 | Report Abuse

LOL

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 21:14 | Report Abuse

I wish i3 have specific forum for the warrant holder, so they can goreng here goreng there talk about their changeable technical technique and tp haha. Pusing here pusing there. That will be great

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 21:15 | Report Abuse

Instead of mislead ppl, ask them buy warrant this morning then ask ppl cut loss again this everning. Haizz those ppl trust him really get trapped. Kena cucuk pun tak tahu siapa.

rr88

6,532 posts

Posted by rr88 > 2020-10-08 21:28 | Report Abuse

I let you know a little insight now so that you learn.

10 mins going into the close, i was watching it like a hawk, finger on the trigger (mouse), ready to whack the warrants once again.

Watching if it would close above 1.66. This 1.66 makes a world of difference between big gain or big loss in coming days n weeks.

Then it staged a free fall past below this 1.66 towards 1.58. Then persistent selling at 1.59. Then i glanced at its chart it was showing a SHOOTING STAR CANDLE.

I abondoned my plan to buy back bcause the trend has now reversed.

When it moved to above 1.66 n close below this, it is a FALSE BREAKOUT.

1.66 is significant bcause it was the peak registered on 25 may 2017. When trend reversal signal appearing off this peak, it will fall in a trending fasion over time. I foresee a brief light green rebound tomorrow b4 it turns red n trend down in coming days n weeks. This is the only reason i advise people to cut loss on early green tomorrow to avoid much more serious losses.

You need to master breakout, breakdown, a few candle signals, previous peaks, previous valleys. As i said it is NOT YET EXPLAINED BY SCIENCE how n why share prices move into such a mould n technical signals. The Japs used these candles to trade rice since 1600s. Its true then. Its true now. Learn n profit from it, instead of being seen as NAIVELY STUPID by a lot more smarter n experienced people like me.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-08 21:33 | Report Abuse

rr88 you should take that story to Stephen Spielberg. I'm sure he'll be thrilled !

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 21:46 | Report Abuse

Rr88, u just trapped others who heard u buy warrant la. If they buy at Rm1 above now u ask them cut loss tomorrow around 0.7 plus??? Walao eh within 2 market hours losing 20%plus capital, then u buy lower again sell again at 1. Continuous do such thing will get cursed la. Aduhai I will feel pity for those who listen ur instruction.

If u just goreng then say u goreng, don't say what TP at here la pls. Use ur whatever market dynamic candle to say.

You are speculators only. Don't talk about fundamental.

Posted by petramaises > 2020-10-08 21:48 | Report Abuse

rr88 is a joker indeed

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 21:49 | Report Abuse

Rr88, so now u just tell me la, tomorrow drop until what level? If u are correct, I silent forever here. I won't talk a single words again. If tomorrow green? U leave? Since u so confident tomorrow confirm red like red lantern haha

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 21:54 | Report Abuse

I never believe what techical techniques de lar, u really think above or below 1.66 affecting next coming week movement ah?
Walao eh, if able to drop below 1.2 I believe only vaccine approved by who news can drop that much la.
If suddenly minister of health or Pm promote the proxmask? First fabric reusable antivirus mask produced in malaysia? U think the share price can go how far? Haiya
1.66 decide the future is damn funny la

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 22:01 | Report Abuse

U know how many shares volume traded above 1.62-1.81? U really believe those millionaires will cut loss? Even if they are afford to buy 100%, this stock is different with others la. 180m share quantity only with market cap 293m.
Today daily turnover already 146m and quantity 89m

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 22:02 | Report Abuse

That 89million bought today, they will cut loss u think? Between 1.51 to 1.81. Company md and director both lau holding around 40%, so market float this 60% share

JayC88

898 posts

Posted by JayC88 > 2020-10-08 22:06 | Report Abuse

of coz not, there will only be geniuses feeding their hard earned money as profits later to this 89million

Jeffson87

281 posts

Posted by Jeffson87 > 2020-10-08 22:08 | Report Abuse

I bought WA in the morning. Topup at noon... Very nice paper gain at price of above rm1 during the evening so call limit up until suddenly reversal kicks in. Macam cirit birit.. From double digit % gain became almost back to square one.. I knew it will naik balik.. If u ever bought gloves counter, then u would understand. Cheers

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 22:16 | Report Abuse

Jayc88, should be lo. This stock market actually is the money flow only ba. If the money keep flow at here, then the price will go higher than higher. As long as those banker shark keep changing hand to earn more profit

Fong Kh

1,836 posts

Posted by Fong Kh > 2020-10-08 22:20 | Report Abuse

Will it drop back to 1.2-1.3 again hehe

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 22:22 | Report Abuse

Jeffson87, haha at least u still gain today la. Wa green today haha. Same as supermax call warrant. When 1 sen become rm10, keep have rumour say banker will drop down the mother share la bla bla. But the call warrant expired 30sep for supermax still closed RM8 or 9 if I am not wrong. So CIMB have to pay them total 50mill call warrant x the margin. 450m? And its not only 1 call warrant. Oct expired around 2 to 3 more lagi. 1 type call warrant issued with 50 million quantity with 0.15sen, if cimb didn't do the risk management very well. They may lost more than 5billion lo unless initial issue warrant they already bought the mother share in same quantity first.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 22:24 | Report Abuse

Fong kh, call those banker ask haha, they are the big holder. I wish I know one of them, no need work dy. Follow their movement only

ktrader

1,887 posts

Posted by ktrader > 2020-10-08 22:33 | Report Abuse

rr88, your so called shooting star candle doesn't look like one to me . Last time in one of the i3 forum you also cannot distinguish bearish engulfing candle...trying hard to show off ya, pity you hehe

Jeffson87

281 posts

Posted by Jeffson87 > 2020-10-08 23:06 | Report Abuse

HLIB just put Top Glove TP @ Rm13.. Do u all think PPE counter will just crash because of so call shooting star and never went up.. I doubt so

Posted by Flymetothemoon > 2020-10-08 23:11 | Report Abuse

Who is this rr88 keep posting conflicting posts? Swt

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 23:11 | Report Abuse

Haha that the most important thing is u have to determine this stock as goreng or as ppe counter. Ppe counter then no need worry the short term up down as long as company keep contribute better profit.
By the way congratulations to all, prolexus overtake careplus become top 3 of the i3 hotstock trend

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 23:15 | Report Abuse

Erm, classified as warrant speculator ba. Took profit already and then ask ppl cut loss who bought high price lor. Morning keep promoting, evening went up and down liao then talk bad the share haha. Morning tp rm2-3, evening to Rm1. Another kyy ba. Awhile say sell supermax awhile say well supermax buy comfort, then switch again say supermax up 1600% already but top glove only 400% so top glove still the best. Turn here there haha

Posted by Flymetothemoon > 2020-10-08 23:16 | Report Abuse

I bought this stock as i believe in the company's growth potentials and good fundamentals. I love their business model too. I suggest everyone do their own research and make their own informed decisions rather than listening to some goons on this forum yacking non stop.

Posted by Flymetothemoon > 2020-10-08 23:16 | Report Abuse

Will be keeping it for long term

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-08 23:22 | Report Abuse

XxxxXzz, look a little deeper. If there was no pressure on the share price because of the Warrants, the price would reflect the earnings better. It's good for everyone including the IB

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-08 23:23 | Report Abuse

They won't have to hedge against the risk. Why create the risk in the first place?

Posted by Flymetothemoon > 2020-10-08 23:28 | Report Abuse

Tomorrow good day to top up

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 23:31 | Report Abuse

Motpheus61, because they don't see that coming ma. No one can really noticed supermax from Rm1 to rm18 now during march. U know the call warrant ratio cimb giving? Even come with 0.75, that why the warrant is higher than mother price. And u may check the latest warrant they issued on supermax nowadays, all ratio above 5-10

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 23:34 | Report Abuse

U try imagine, how many warrant they issue. If they really control the risk by holding same quantity share against warrant issued. They will took 50% of the supermax total share already. So sound impossible. During march supermax total share 1.3b, u go check how many call warrant release during march.

sujibaby

153 posts

Posted by sujibaby > 2020-10-08 23:36 | Report Abuse

Prolexus has good fundamentals, strong R&D, clear market direction and supply chain control. Its diff from the rest of the disposal mask makers.

limitupupup

1,466 posts

Posted by limitupupup > 2020-10-08 23:39 | Report Abuse

ini gamer counter, Big or Small gambling je layan je

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 23:42 | Report Abuse

But I do believe cimb may not create that much loss from glove counter warrant ba, remember they not only issued glove warrant. Alot of counter they have issued with 50m warrant with 0.15sen, that a realized profit due to this covid too

Posted by Flymetothemoon > 2020-10-08 23:44 | Report Abuse

@sujibaby I totally agree with you. It definitely has the edge over other disposable mask makers and even reusable face mask makers due to its antiviral face mask technology.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-08 23:52 | Report Abuse

So, is it ok to assume that you are more concerned about the IB making money than all of us , the retail investors?

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-08 23:53 | Report Abuse

Hopefully foreign fund will come back bah, since September they keep decrease the position till yesterday daily trade report still negative

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-09 00:01 | Report Abuse

Only when IB can making money, the price just will go higher ba. Only retailer can't keep breaking new record. That why we need give weself a TP and sell lor. Since all calculation u know how to do, safety player then u take current 20pe =rm2 lo, if u were risk taker then use future pe 13sen x4 = 52 sen then 10pe become rm5. 20
That why u need determine this stock as what counter, ppe counter or apparel counter. Ppe counter go for future pe and apparel counter maximum 10 to 15 pe lor. It's ur own call, no one actually responsible to ur gain or loss la.

Miracles

1,014 posts

Posted by Miracles > 2020-10-09 08:26 | Report Abuse

Morning everyone. Good day ahead?

Posted by singchai5375 > 2020-10-09 08:43 | Report Abuse

Up? Down?

Posted by acepilot12 > 2020-10-09 08:47 | Report Abuse

anyone expect up or down? cut loss or continue average down and hold?

UnicornP

2,800 posts

Posted by UnicornP > 2020-10-09 08:47 | Report Abuse

Up or down, still undervalued.

Miracles

1,014 posts

Posted by Miracles > 2020-10-09 08:49 | Report Abuse

As long as its still undervalue, operator has a reason to further push higher.

Jeffson87

281 posts

Posted by Jeffson87 > 2020-10-09 08:52 | Report Abuse

Down because profit taking. Up because wanna make profit. Its a norm. Why worry

Narialse

129 posts

Posted by Narialse > 2020-10-09 08:53 | Report Abuse

A lot of people seem keen to handwave this away, but the chairman has thrown almost all his shares since their record quarter (ended June) and he definitely knows something the rest of us don't so be cautious about using last quarters earnings as the basis of any valuation.

Jeffson87

281 posts

Posted by Jeffson87 > 2020-10-09 08:56 | Report Abuse

What basis do u use to determine value then?

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-10-09 09:00 | Report Abuse

Today KLCI up due to NASDAQ/ DOW JONES.

Narialse

129 posts

Posted by Narialse > 2020-10-09 09:01 | Report Abuse

With a company like this, wait for a few more quarters to see if it's sustained lor. Anything else is guesswork unless you have access to their investor relations people like the IBs do.

Honestly though, looking at the volumes traded (daily volume exceeding free float) and price fluctuations over the last 2 weeks (2 limit ups if I'm not wrong?), I'd be very cautious and treat this as a gambling counter. I honestly don't think a company that has had one outstanding quarter after which the chairman and major shareholder disposed almost all his shares can be said to have any fundamentals.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-10-09 09:03 | Report Abuse

UPUPUPUP

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