PTARAS MAY GAP UP THESE FEW DAYS....CHARTWISE VERY CONVINCING. AFTERALL THIS CO IS MAKING LOTS OF MONEY . SHOULD GO FOR MEDIUM TO LONG TERM TO REALISE ITS POTENTIAL...I THINK RM 4.00 SHOULD HAVE NO PROBLEM....
Pintaras Jaya (PINT MK)------------------------14//03//14 Technical BUY with +18.4% potential return Last price : RM3.04 Target Price : RM3.20, RM3.60 Support : RM2.91 Stop-loss: RM2.88 BUY with a target price of RM3.60 with a stop loss placed below RM2.88. PINT’s share price has been consolidating within the “cloud” since 14 Feb 14. However, yesterday’s surge which created a gap-up on the back of a higher trading volume of 0.5m shares (vs 20-day average of 0.1) suggests a genuine breakout given the higher closing above the recent high of RM3.01. The “gap”, a bullish crossover in MACD, Stochastic as well as between the 10- day and 21-day SMA lines, confirms a bullish bias and the creation of a new up-leg. Moving forward, we expect the upward trajectory to remain intact amid a long-term trend firmly planted above the rising trendline. We peg our upside target at the 1.61x Fibonacci extension level of RM3.60 over the medium term.
it need volume to climb higher....everything is ok except need some push up to trigger buy call. Good earnings , very low PE , good dividend except its stock price too under-rated and overlooked. Good for medium to long term.
Posted by Elwin Kai Kai > Mar 27, 2014 12:11 AM | Report Abuse
Mr.Kcchongnz thx for ur advice and post....Do you organize any talk or classes that teaches ppl on valuation....i would like to join if you does
Hard to find i3 forumer like you wishing to learn about valuation. Yes this is one of the two most important things to learn about fundamentals of investing; financial statement interpretation and valuations.
I will certainly let you know when I organize the talk.
mr kcchong pls let me know too if u organising any class for val;uation right now i stil;l depend on the internet source to learn my valuation technic really wish to attend a class
Posted by kcchongnz > Mar 28, 2014 01:08 PM | Report Abuse X Posted by Elwin Kai Kai > Mar 27, 2014 12:11 AM | Report Abuse
Mr.Kcchongnz thx for ur advice and post....Do you organize any talk or classes that teaches ppl on valuation....i would like to join if you does
Posted by David Mor > Mar 27, 2014 10:27 AM | Report Abuse
mr kcchong pls let me know too if u organising any class for val;uation right now i stil;l depend on the internet source to learn my valuation technic really wish to attend a class
Posted by brendonyeap > Mar 27, 2014 11:31 PM | Report Abuse
Pls do inform me too when u do hv a class on valuation. TQ
Posted by wayneyong > Mar 27, 2014 11:52 PM | Report Abuse
kcchongnz: Please do let me know too
There will be two major parts in the quantitative aspect of investing; financial statement analysis and interpretation, and valuation.
Interested please provide email address here and I will inform you when organized.
It will be a paid organized seminar and follow up educational programme in investment articles, continuous answering of investment queries, etc.
Oh yes, no punting tips. I have no crystal balls. Mainly teaching one to fish.
Posted by houseofordos > Mar 29, 2014 02:19 PM | Report Abuse
KC, is this live session ? Can you send the info to me too. U got my email address.
This conversations started when some people asked me about if I can give a seminar on investing. I have been thinking about that too as finance and investing is my passion. Hence the plan is still at its infant stage.
What I intend to do is to give a proper two-day investment seminar (not stock tips session) which participants will have to pay a fee. The main topics of the talk will be financial statement analysis and valuation methods. To me these are the two most important quantitative matters about investing. Participants are then encouraged to practice these skills with continuous support from me, with a nominal monthly fees. I will guide them whatever I can and able to. Of course this is optional.
I will continue to send my analysis of stocks and finance articles to those participants, and endeavor to answer whatever query for those who are in the monthly list.
Again no stock tips are expected from me, but merely sharing of knowledge of investment ideas and the market.
I am gauging the response now.
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Posted by Firebird2 > 2014-03-18 10:53 | Report Abuse
http://www.theedgemalaysia.com/business-news/280747-building-material-suppliers-to-benefit-from-mrt-line-2-says-amresearch.html