SAM ENGINEERING & EQUIPMENT

KLSE (MYR): SAM (9822)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.30

Today's Change

0.00 (0.00%)

Day's Change

4.26 - 4.38

Trading Volume

125,600


12 people like this.

4,866 comment(s). Last comment by RonnyWu 4 days ago

leekh5555

545 posts

Posted by leekh5555 > 2018-10-04 15:04 | Report Abuse

ya, at least 25.

leekh5555

545 posts

Posted by leekh5555 > 2018-10-04 15:29 | Report Abuse

agreed...just hold for next few years.

qqq3

13,202 posts

Posted by qqq3 > 2018-10-04 15:29 | Report Abuse

what happens when warren bufalo meets donald trump?

can buy and hold win over a recession?

leekh5555

545 posts

Posted by leekh5555 > 2018-10-04 15:40 | Report Abuse

wow, your friend really have good foresight...i bet and wish SAM is the next
one too...

leekh5555

545 posts

Posted by leekh5555 > 2018-10-04 15:52 | Report Abuse

hold some for long term and trade some along the way if there is opportunity

qqq3

13,202 posts

Posted by qqq3 > 2018-10-04 15:56 | Report Abuse

Donald Trump recession is going to be a multi year affair.....buy and hold will lose money but traders will also lose money ....


if buy and hold loses 50% in one transaction, traders lose 50% in 5 transactions


so...since no where to hide, buy and hold and traders also same same in recession.

Kyou

1,225 posts

Posted by Kyou > 2018-10-04 15:57 | Report Abuse

Sifu icon8888, any others counter will you hold for long tearm? beside SAM .
TQ

godhand

1,944 posts

Posted by godhand > 2018-10-04 16:04 | Report Abuse

how is buy and hold stupid? i dont understand

qqq3

13,202 posts

Posted by qqq3 > 2018-10-04 16:04 | Report Abuse

Donald Trump recession is very real...at least 70% chance to start by 2019.....so...you got 6 months to make all your money.

apolloang

18,163 posts

Posted by apolloang > 2018-10-04 16:06 | Report Abuse

msia recession not US,cos previous govt funds all go hide their money overseas worried kena consficate

qqq3

13,202 posts

Posted by qqq3 > 2018-10-04 16:07 | Report Abuse

Posted by godhand > Oct 4, 2018 04:04 PM | Report Abuse

how is buy and hold stupid? i dont understand
===============


buy and hold means very low portfolio turn over

traders have high portfolio turnover.

buy and hold meets a recession, typically portfolio will be reduced by half before it is all over.

godhand

1,944 posts

Posted by godhand > 2018-10-04 16:13 | Report Abuse

just brace through the volatility la. how can u time the market.

godhand

1,944 posts

Posted by godhand > 2018-10-04 16:16 | Report Abuse

of course if you have the skill to time the market. then its your advantage

qqq3

13,202 posts

Posted by qqq3 > 2018-10-04 16:21 | Report Abuse

Posted by godhand > Oct 4, 2018 04:16 PM | Report Abuse

of course if you have the skill to time the market. then its your advantage
============


in a bear market, timing also no use. Its a question of only who lose less, not who wins.

qqq3

13,202 posts

Posted by qqq3 > 2018-10-04 16:30 | Report Abuse

conditioning...

when people are conditioned to do buy and hold....then buy and hold becomes a loser.

markets are always like that.

Up_down

4,346 posts

Posted by Up_down > 2018-10-04 21:33 | Report Abuse

We conditioned our mind to hold longer period so long as the company is able to maintain its growth in earnings. Why want to sell early?....unless the share price shot up and PER reaching 30x. Currently, it’s traded at PER 15x and cheap cheap in comparison with glove sector. Lolz

Posted by simonteo79 > 2018-10-04 21:35 |

Post removed.Why?

Posted by Wong Chie Kiong > 2018-10-05 08:51 | Report Abuse

SAM (9822)
From a daily chart, we can see that SAM broke out from it’s all time high at RM8.22. At the same time, it broke out from a Rounding Bottom pattern. Volume of the breakout is significantly higher. Price is above upward sloping 50-day EMA and RSI (21) is above 50%. First target is at RM9.47, half of the Rounding Bottom formation height and also 100% Fibonacci Extension. Second target is the full formation height at RM10.72 and 161.8% Fibonacci Extension at RM10.78.

From a weekly chart, we can see that there is a symmetrical triangle forming from December 2016 to July 2018. With two highs that touches the downward sloping resistance line and two lows touching the upward sloping support line. It pulled back to the 50 week EMA before breaking out from the symmetrical triangle. Target price for the symmetrical triangle is at RM11.52, near to the 200% Fibonacci Extension RM11.59. However, this is a long term target price.

Current Price: RM8.26
Target Price: RM9.47, then RM10.72-RM10.78, then RM11.52-11.59.
Stop Loss: if price closes below RM7.98, below psychological support and below the low of breakout candle.

If you have any stocks in mind that you would like me to review on, do comment below on the original post and I will give my personal view of it.

Do like our page TradingIdeas for new updates!
Like, Share and Comment! Would like to hear from you!

Disclaimer:
This is not a buy or sell recommendation but for educational purposes only. Proper due diligence and risk management is required before taking a trade. The writer will not responsible for any gain/loss resulting from the information provided herein.

leekh5555

545 posts

Posted by leekh5555 > 2018-10-05 10:13 | Report Abuse

Wong,may i know from which sifu?

leekh5555

545 posts

Posted by leekh5555 > 2018-10-05 16:49 | Report Abuse

some recent comments disappeared.

Posted by Wong Chie Kiong > 2018-10-07 09:43 | Report Abuse

Tradingsidea at Facebook

leekh5555

545 posts

Posted by leekh5555 > 2018-10-08 13:02 | Report Abuse

Thanks Wong.

Up_down

4,346 posts

Posted by Up_down > 2018-10-10 14:27 | Report Abuse

RM is expected to weaken against USD further in tandem with CNY depreciation due to trade war getting intense. Good to stick with export related counters maintaining growth.

steelman

158 posts

Posted by steelman > 2018-10-10 17:34 | Report Abuse

bargain hunt this counter. opportunity now.

Up_down

4,346 posts

Posted by Up_down > 2018-10-11 11:40 | Report Abuse

Loaded more this morning.

Up_down

4,346 posts

Posted by Up_down > 2018-10-12 17:32 | Report Abuse

Nice and Quick correction has completed. Go go go!

Hafid

1,135 posts

Posted by Hafid > 2018-10-13 08:44 | Report Abuse

will go up on monday

Posted by ProsperousRealm > 2018-10-13 08:47 | Report Abuse

Low volume

steelman

158 posts

Posted by steelman > 2018-10-17 09:53 | Report Abuse

accumulate during correction and patiently wait for the bounty. sure to come soon!

Posted by Wong Chie Kiong > 2018-10-17 21:36 | Report Abuse

I think the upload previous report

Pewuf

172 posts

Posted by Pewuf > 2018-10-23 09:35 | Report Abuse

can share here ? company blocked blogspot.com

Posted by Wong Chie Kiong > 2018-10-23 10:18 | Report Abuse

Attached is the Very Long Term Funds Flow of SAM Engineering and Equipment Bhd that is listed in the KLSE (KLSE: 9822). During the period of consolidation in the green boxed region, smart money funds flow kept flooding into this company's equities. This eventually brewed for a multi-bagger upmove in prices (See FFA and Technical Chart illustrated). Currently, SAM Engineering and Equipment Bhd is forming an Inverse Shoulder-Head-Shoulder price structure which is bullish in price action for re-accumulation. This is achieved under strong funds flow as backing. There is very high probability it will continue its uptrend for sustained all time highs never seen before. Next target: $11.00 based on inverse SHS projection up.

Up_down

4,346 posts

Posted by Up_down > 2018-10-23 10:44 | Report Abuse

Awaiting another good QR announcement next month.

leekh5555

545 posts

Posted by leekh5555 > 2018-10-25 17:11 | Report Abuse

Boeing posted good Q result, hope SAM can tumpang some luck.

Hafid

1,135 posts

Posted by Hafid > 2018-11-04 20:03 | Report Abuse

SAM will have boom in aerospace engineering. There is something is going to happen

lbkeat

132 posts

Posted by lbkeat > 2018-11-12 11:41 | Report Abuse

many investors focus sam's aerospace business but i noticed their hdd business is performing very well. dufu released very excellent quarter results how about sam?

klchai123

116 posts

Posted by klchai123 > 2018-11-19 18:53 | Report Abuse

temasek holdings hold more than 71% of total shares, need to have more shares either thro share split or bonus issue, so that it's more affordable for small investors. increased production capacity should gradually be reflected in quarterly results

CK

269 posts

Posted by CK > 2018-11-30 10:28 | Report Abuse

Why SAM suddenly drop so much !!!

apolloang

18,163 posts

Posted by apolloang > 2018-11-30 10:30 | Report Abuse

profit shows not much growth

Hafid

1,135 posts

Posted by Hafid > 2018-11-30 10:59 | Report Abuse

sell

Posted by everlasting > 2018-11-30 11:29 | Report Abuse

the quarter result showed steady growth in the aerospace division, in-line with analyst and management expectation. It has been 3 years since the shareprice reached rm7-8 region, and it is picking up momentum again this year. The net profit in the last few quarters are among the highest to-date, averaging around 18-19million. My opninion is that the downside is limited as even in this bear market the share price is holding on. With clear earning growth visibilty in the coming years, there is no doubt that SAM share price is poised for another breakout like 3 years ago.

Posted by everlasting > 2018-11-30 11:37 | Report Abuse

As the price of the crude oil is not going to go back to usd100 range, airline sectors are expected to be benefited, as guided by Boeing recent qr, the demand of the airplane is going to increase steadily as more and more people are using aeroplane as their preferred transportation, even for domestic destination. It is a rare opportunities to be able to invest in an aerospace company as there are not many in our region due to the high entry barrier. We can see from how the major shareholders (Temasek etc) are not letting go any of the shares and they just barely maintain the minimum free float shares in the market so that it can be remained as a listed company

Hafid

1,135 posts

Posted by Hafid > 2018-11-30 15:04 | Report Abuse

7.80

Posted by Wong Chie Kiong > 2018-11-30 20:17 | Report Abuse

Any idea what is the ESOS pricing ..?

kakasi123

67 posts

Posted by kakasi123 > 2018-12-03 10:34 | Report Abuse

rm9 soon before year end

Post a Comment
Market Buzz