Posted by tsy88 > 2015-06-22 06:02 | Report Abuse

Good morning TCB/dunknow

Expect today market down but good to buy on pullback !!

Have a fruitful Monday. Happy trading !!

Posted by Dunknow > 2015-06-22 07:20 | Report Abuse

Good morning TCB
Good morning Tsy

Have a wonderful trading ahead :)

Posted by sunflower22 > 2015-06-22 07:48 | Report Abuse

Good morning Matrix, profitman, Tcb and all

Have a great Monday and happy trading

Posted by maelxpdc > 2015-06-22 08:27 | Report Abuse

jerasia..hehe

Posted by jasonor > 2015-06-22 10:01 | Report Abuse

Good morning tcb sifus.. happy monday :)

Posted by ProfitMan > 2015-06-22 20:23 | Report Abuse

Hi tsy, Dunknow, sunflower22, jasonor and all, Hope all of you took advantage of the green market today.

Posted by tsy88 > 2015-06-23 06:30 | Report Abuse

Good morning TCB/dunknow.

Have a wonderful Tuesday, Happy trading !!

Posted by tsy88 > 2015-06-23 06:34 | Report Abuse

Profitman

Good morning. Oh yes, market was surprising so good yesterday. Finally jumped into Ifcamsc after learning that company had ventured into e-commerce. But I only bought the Wa n not the mother share. Had also bought into Carepls wa and others.

Have a fruitful day. Happy trading !!

Posted by Dunknow > 2015-06-23 07:34 | Report Abuse

Good morning TCB
Good morning Tsy

Happy ttrading ahead

Posted by ariff7996 > 2015-06-23 08:28 | Report Abuse

Good morning TCB,

Good morning all... Happy trading yeah :)

Posted by ProfitMan > 2015-06-23 09:21 | Report Abuse

tsy, Dunknow, ariff7966, sunflower22 and all, Good Morning.

tsy, Ifcamsc has been impressive in its rebound.Congratulations. I think there could be some more upside but as always, we can never predict the market, so we can only be cautious. Carepls is a good buy. It broke its resistance of 0.775 yesterday with volume and the dark cloud of 8/6 has been totally lifted ....hahaha... It is bullish at the moment. Should be a good trade for you. Hope you make good money on this.

Posted by tsy88 > 2015-06-24 06:03 | Report Abuse

Good morning TCB/dunknow

Hope the Fitch's negative rating does not impact our market hugely !!

Have a fruitful Wednesday. Happy trading.

Posted by tsy88 > 2015-06-24 06:11 | Report Abuse

Profitman

Good morning. Thanks. Wah, yesterday performed best trade on Ifcamsc wa. Sold at highest of 1.32 and bought back at 1.22 (sell high buy low). Seldom get to achieve this type of trading. As for Carepls wa cleared seeing it not making any headway for half cents profit and switched to mother share.

Hopefully Fitch's negative rating does make a huge impact on our local bourse.

Have a fruitday Wednesday. Happy trading !!

Posted by tsy88 > 2015-06-24 06:13 | Report Abuse

Sorry, should be be ...Hopefully Fitch's negative rating does NOT make a huge impact on our local bourse.

Posted by gray > 2015-06-24 06:40 | Report Abuse

Tsy88 too early eh?

Posted by Dunknow > 2015-06-24 07:35 | Report Abuse

Good morning TCB
Good morning Tsy

Happy trading

Posted by ProfitMan > 2015-06-24 09:25 | Report Abuse

tsy, Dunknow, gray and all, Good Morning. I think a negative Fitch rating has been expected by many and probably could have been factored into the market somewhat. So, the impact may not be great.

tsy, Congratulations. That is a very very good trade on Ifcamsc wa. Well done. It feels good when we are able to sell high buy low ...hahaha.... and we do get a huge boost of satisfaction. Well done!

Posted by lctay81 > 2015-06-24 09:33 | Report Abuse

Good morning, TCB, can anyone advise on KNM? TQ

Posted by ProfitMan > 2015-06-24 16:08 | Report Abuse

lctay81,

KNM:
Broke out from its downtrend line today when it crossed 0.60 with volume. If this momentum continues, it should be challenging the resistance at 0.685 and becomes bullish. Immediate support is at 0.60/0.605.

Posted by ariff7996 > 2015-06-24 23:17 | Report Abuse

Hi TCB n all good frens here,

I just wanna thanks matrix for a good recommend on SAUDEE n SKPRES wa :)

Hope n wishing all here enjoy a fruitful trading..

Posted by tsy88 > 2015-06-25 06:35 | Report Abuse

Good morning TCB/dunknow

Opening gotta be sea of red but provide buying opportunity.

Have a great Thursday. Happy trading !!

Posted by tsy88 > 2015-06-25 06:38 | Report Abuse

Profitman

Good morning. Thanks for your compliment. Knm looks bullish. Going to buy on pullback today.

Have a great Tuesday. Happy trading !!

Posted by tsy88 > 2015-06-25 06:44 | Report Abuse

gray

Good morning. Haha, you are also early !!

Have a great Thursday. Happy trading !!

Posted by tsy88 > 2015-06-25 06:45 | Report Abuse

Profitman .. sorry, should be Thursday !!

Posted by Dunknow > 2015-06-25 07:32 | Report Abuse

Good Morning TCB
Good Morning Tsy

A very good morning & have a wonderfull trade ahead

Posted by cbyeoh > 2015-06-25 08:49 | Report Abuse

UOBKH - 25/06/15

Stocks to watch:
1) NIHSIN RESOURCES; Technical BUY on breakout with +32.3% potential return
*Last: RM0.31 Target: RM0.38, RM0.41 Stop: RM0.235
*Timeframe: 2 weeks to 2 months

2) HEITECH PADU; Technical BUY with +23.4% potential return
*Last RM0.725 Target: RM0.845, RM0.895, Stop: RM0.66
*Timeframe: 2 weeks to 2 months

3) ENGTEX GROUP; Technical BUY on breakout with +19.8% potential return
*Last: RM1.09 Target: RM1.24, RM1.33, Stop: RM0.995
*Timeframe: 2 weeks to 3 months

Posted by cbyeoh > 2015-06-25 08:55 | Report Abuse

HLE - 25/06/15

Trading Idea - ENGTEX

ENGTEX: Upside bias amid positive downtrend line breakout
§ Engtex prices jumped 2.8% in heavy volume after theedgemarkets.com reported that a new supplementary water agreement is expected to be signed between the Selangor and federal governments in the near term.
§ The downtrend breakout, positive divergence pattern and bullish indicators are likely to lift share prices higher towards RM1.14-1.20 levels, with long term objective at RM1.26. Supports are RM1.01-1.05. Cut loss at RM0.99

Posted by yoda88 > 2015-06-25 09:19 | Report Abuse

M+Online Morning Buzz: Dow-178.00 pts (-0.98%) @ 17,966.07 pts. The U.S. stockmarkets snapped its two day winning streak overnight, led by losses in the Dow (-0.98%) and S&P 500 (-0.74%). Separately, after a revision in the U.S.’s 1Q2015 GDP number, it resulted into a smaller contraction of 0.2% vs. a previously estimated drop of 0.7%.

Meanwhile, the FBM KLCI staged a rebound yesterday on the back of a positive market breadth and improved trading volumes. The MACD Histogram has extended another green bar, while the RSI continues to hover above the 30 level. The immediate resistance will be located around the 1,740-1,750 levels. Support is set around the 1,700 level.

Sector focus: Water-related, FBM ACE, O&G, Export-related

Water-related: JAKS, SALCON, KPS
FBM ACE: SUNZEN, HHGROUP, OCNCASH
O&G: SCOMI, UMWOG, SUMATEC, SCOMIES
Export-related: HEVEA, POHUAT, HARTA

Others: HUPSENG, SLP, DNOUNCE, PERWAJA

Potential Momentum Stocks:

PUNCAK (6807): Monitor for breakout above RM2.77 level. TP: RM3.00. SL: RM2.58.

GENETEC (0104): Price made a trendline breakout above the RM0.16 level with surge in volumes. TP: RM0.22-RM0.26. SL: RM0.16.

SAUDEE (5157): Price breakout above the RM0.56 resistance level with high volumes. TP: RM0.60-0.65. SL: RM0.515.

Source: M+Online

Posted by profitman > 2015-06-25 09:26 | Report Abuse

tsy, Dunknow, ariff7996 and all, Good Morning

tsy, ...hahaha...you made so much money you still thought it was Tuesday today ..hahaha... juz kidding yah.

Posted by tsy88 > 2015-06-26 05:58 | Report Abuse

Good morning TCN/dunknow

Have a fruitful day ahead. Happy trading !!

Profitman .. haha .. because Tuesday and Thursday both starts with T !!

Posted by Dunknow > 2015-06-26 07:24 | Report Abuse

Good Morning TCB
Good Morning Tsy

Hahaha,tsy ..like that oso can arr? :D

Posted by cbyeoh > 2015-06-26 08:37 | Report Abuse

HLE - 26/06/15

Trading Idea - KIMLUN

KIMLUN: Upside bias amid positive downtrend line breakout
§ Undemanding valuations. At RM1.34, KIMLUN is trading at 9.8x FY15 P/E (in line with its 5-year historical average of 9.5x) and 0.79x P/BV (42% below its 5-year historical average 1.36x), supported by a 3.8 sen tax-exempt final dividend for FY12/2014 (ex on 21 July).
§ KIMLUN prices also closed marginally above the daily ST resistance trend line (from a high of RM1.43 on 23 Jan) as well as its 200-day SMA. A sustainable close above 200-d SMA in the next 2-3 days is essential and could send prices higher to retest RM1.41-1.53 levels.
§ Supports are RM1.26-1.30. Cut loss at RM1.23

Posted by yoda88 > 2015-06-26 08:55 | Report Abuse

Companies in the news (for Friday June 26th):

GAMUDA in a JV with Evia Real Estate, acquire a parcel in Singapore, worth RM967.01m

PANASONIC proposes bumper dividend of RM1.27 per share.

CAPITAMALLS sells RM68.2b news shares.

MEDA Inc has proposed to acquire two parcel in KL worth RM180m.

BINA Puri S/B has been awarded a contract in Iskandar Malaysia's Central Business worth RM195m.

SCGM is proposing a bonus issue of 40m new shares on a one-for-two basis.

HENG Huat would be investing RM35m to build oil palm fruit bunch in Kelantan.

GBGQRS is tendering some RM700m worth of construction projects.

TA Ent's net profit jumped 81.5%.

AEON registered a net profit of RM58.24m.

SALCON is optimistic of securing between 30%-40% of its targeted RM2bil order book by end 2015.
YINSON intend to raise about RM299.5m through private placement.
KNUSFORD's wholly-owned unit KESB has entered into a JV with Greenland Malaysia to bid construction contracts locally and abroad.

ALAM : Tan Sri Quek Leng Chan has ceased to be a substantial shareholder for Alam.

Source : The Edge Malaysia

Posted by tsy88 > 2015-06-28 07:23 | Report Abuse

Good morning TCB/ dunknow

Have a wonderful weekend with loved ones !!!

Posted by tsy88 > 2015-06-29 07:14 | Report Abuse

Good morning TCB/dunknow

Have a fruitful Monday !!

Posted by Dunknow > 2015-06-29 07:23 | Report Abuse

Good Morning TCB
Good Morning Tsy

Happy trading

Posted by jasonor > 2015-06-29 09:12 | Report Abuse

Good morning TCB sifus... =)
looks like klci is on downward wave 5 after unable to break MA20 on 23/6.

Posted by ProfitMan > 2015-06-29 13:35 | Report Abuse

tsy, Dunknow, jasonor and all, Good afternoon

Jasonor, the KLCI continued its downtrend and it is not helped by negative factors like the potential Greek debt default and other on going internal issues. There will still be stocks to trade and spotting them is a challenge.

Posted by jasonor > 2015-06-29 14:00 | Report Abuse

thanks, Profitman. yup, with such high volatility it's hard to spot those potential rising stocks or maintain my profit. i had cleared my position on thursday waiting for to enter when market stabilized again.

Posted by tsy88 > 2015-06-30 06:20 | Report Abuse

Good morning TCB/dunknow

Drastic drop in Dow at the close. How will our markets play out today? Will see another sea of red today pending outcome of referendum on Sunday.

Have to trade with caution. Happy trading !!

Posted by tsy88 > 2015-06-30 06:25 | Report Abuse

Profitman

Good morning. To bottom fish or not to bottom fish at this point in time? Greek issue still unresolved makes it an even more daunting task.

Happy trading !!

Posted by jasonor > 2015-06-30 07:08 | Report Abuse

Good morning tcb sifus.. :)

Posted by ariff7996 > 2015-06-30 07:28 | Report Abuse

Good morning tcb n all frens.. Trade with caution today.. Very hard to choose stock atm

Posted by Dunknow > 2015-06-30 07:31 | Report Abuse

Good Morning TCB
Good Morning Tsy

I will stay sideline for the times being.
Quite rough of the red sea at this moment

Posted by ProfitMan > 2015-06-30 11:44 | Report Abuse

tsy, dunknow, ariff, jasonor and all, Good Morning.

tsy/ariff/jasonor/dunknow, it is certainly rough times and it is not easy to spot potential winners nor bottom fish. It might be best to let the Greek debt default play out over the next week. The ramifications from the default can be grave and far reaching. Although I feel and hope that the IMF and EU will still try to resolve it even past the deadline. The Greek problem piles on to the other internal problems that we are currently facing.

If you intend to bottom fish, do monitor the indicators closely and trade cautiously. You may want to tighten your stop loss and target prices during times like these. The fear overhang is great. So, the slightest negative news may trigger a sell down. And as we have always advocated, do not average down. You will probably notice that cheap can become cheaper.

But in stocks, there is no such thing as cheap if you do not compare the price relative to the stock valuation. Also bearing in mind that in a bearish market like this, stock valuation may mean little if you are looking at it for guidance to bottom fish as the fear sentiment is just too great at the moment and rationality gets thrown out of the window.

Happy trading and trade cautiously.

Posted by adeodatus3 > 2015-07-01 00:42 | Report Abuse

Dear TCB.. would like an updated reading on ifcamsc, thank u.

Posted by tsy88 > 2015-07-01 05:50 | Report Abuse

Good morning TCB/dunknow

Wow, Fitch has notched up our credit rating from negative to positive.
This will definitely provide a much needed boost to our already fragile market. Hope stocks will rebound !!

Have a fruitful day ahead. Happy trading !!

Posted by tsy88 > 2015-07-01 06:03 | Report Abuse

Profitman

Good morning. Many thanks for your invaluable advice. Oh, all only but too true. Like your,"rationality gets thrown out of the window".

However, I find this phrase "buy when others are fearful" to be very effective. There is indeed a lot of fear at this crucial stage.

Thus with this in mind, could not help nibbling on some stocks which I deem at very attractive levels.

Hoping to see a technical rebound after Fitch's surprisingly positive credit rating!!

Have a fruitful day ahead. Happy trading !!

Posted by Dunknow > 2015-07-01 07:31 | Report Abuse

Hi Profitman,
Always so generous,always so kind of sharing your invaluable advice....for inexperience like me,better berdiri jauh jauh,for experience trader,u will know what u have to do!kakakaka....

Thanks again ya,ProfitBro

Posted by Dunknow > 2015-07-01 07:32 | Report Abuse

Good Morning TCB,Tsy & all forumer here...

Happy trading ya...