"Knowledge without discipline is dangerous,discipline without knowledge has little value"
1) We are here to help out any I3 members of their stock TA. If you need help on any stock chart just address us as “Dear TCB..”
2) We encourage traders to buy stocks with a trading plan. Before you buy please have a Stop Loss in case the stocks go against you.
3) We encourage traders to cultivate a winning habit, that is to lock in profits often when the opportunity arises. Be focused. We are here with one purpose only, that is to make money, never let a winning trade become a losing trade.
4) We encourage traders to set a Trailing Stop to protect their profits when riding on a winning trade.
5) We encourage other traders that have TA knowledge to participate and help out others on TA. In this way we all can learn together.
6) We will never recommend any stock in this thread as Buying and Selling is solely your own decision and your own risk.
7) We may post the stocks that we are interested in, together with a TA reading on it for the purpose of sharing. These TA readings are to cultivate habits of 'Discipline' and 'Plan' before trading .
tsy88 - was somehow lucky to made some money on Reach WA in less than 2 minutes. I reckoned the early price of about 29 sen was rather high and when it started to fall I keyed in to buy at 21.5 (lowest for the day) and 22 sen. It was done so swiftly and immediately I keyed in to sell at 23 and 23.5 sen and again done when it staged a rebound.
Dear TCB,can you please advise ,I got stuck in ijacobs,Monday they open back,so what should I do,since I don't know to hold or just sell,I'm new in this investment world ,more like just follow sifu here and there,tq to all sifus here and good night.
Dear Mr TCB, Can you please check the TA for PMBTech?I release at 1.4,, The price seem to be going stronger at 1.8..& UMA was issue to PMBTech,will it affect the price?any next TP? Thanksssssss
pathew - Congratulations on LBalum. Yes, it has broken out from its ascending triangle with volume and in the process took out its major resistance at 0.815. Its next TP is 0.965 and then it will be off into unchartered territory. Congrats on your winner. Always a delight to be trading such a stock. Looks like you have been on a couple of winners lately.
Congrats on Reach wa. Yes, you were very lucky to get it at 21.5 and 22 and to clear at 23 and 23.5 on the rebound for 1.5/2 cents gain. Well done. As for me, checked with my remiscier and he told me the warrant would surely be subjected to heavy selling pressure as it is given free and people who subscribed successfully would surely take profit. In view if this, dare not touch at all. True enough, it presented that scenario. A friend of mine bought 100 lots at 28 on opening, averaged at 27 and again at 22.5. His average cost for 300 lots was 25.5. At 22.5, his loss would stand at 9k!
Somehow, I think you possess the luck factor as most of the time (95%) profit from your trading be it quick trade or carry forward trade.
Will clear Mmsv which I bought at 40 on coming Monday on Tm932's recommendation. He was so sure it will break high of 42 and gave 45.5/49 Tp. Monitored and saw it was nice and so entered at 40.
Another friend of mine bought LBalum 15 lots at 74.5 and sold all at 75.5 today. It was still not due yet. He could have made so much more had he not cleared! Come Monday, will surely be up again. He was so, so frustrated!!!
This is the beauty of trading. Sometimes making you so happy and other times, makes you so sad!
As I recall, your entry price was 0.66 and the share closed at 0.72 before its suspension. As you already know, there is a reverse takeover by Cekap Technical Services Sdn Bhd and Mecip Global Engineers Sdn Bhd on the table. I believe the stock will only re-open for trading on Tuesday.
Until we know what the material announcement is, there is nothing much you can decide on. There will be possibly 2 scenarios confronting you when it re-opens for trading. If the news is negative, you can expect a slide in its price in which case you may want to lock in profits. If the news is positive, there will be a further run up in its price in which case you may want to ride its profits and lock in when it hits your profit target.
With either scenarios, you will need to set a trailing stop to protect your profits and a stop loss price to protect your capital depending on how its price trends. So, i would suggest you wait for the announcement and then evaluate it before deciding your next move. Hope this helps.
Dear TCB, I would like to express my thank to Brother Matrixcool for providing me list of counters to invest in his weekly summary.I bought in 2 counters and both have brought big rewards to me. I have sent 2 appreciation letter to him but i think he is too busy to reply my emails.Just in case the emails were lost i would like to take this time to thank you here and you are blessing in my life. God Bless TCB especially Bro Matrixcool for providing such a wonderful thread.
tsy88 - yup was lucky on Reach WA. At this price it's definitely over-valued. As I mentioned earlier at 19 sen and below would be a good buy. PJD is still involved in the corporate exercise of OLH. I first bought the warrant at 39 sen but sold off with a few sen gain. The 2nd time I just entered some at 72 sen and kept till now. Will only sell when I see the money moving out. Looking at the trend of PDZ, I reckon can take a punt. Just my opinion. KGB iss also holding on well
Reach, a SPAC company, derives its value when it succeeds in acquiring a QA and subsequently commence drilling activities to generate revenue. Until there is news on a potential QA, let alone an acquisition, its price can fluctuate within a tight range although I am not sure how the price movement for Reach will pan out. So, in the short term, it would be trading on news.
Henchris, it would be worthwhile finding out how much Reach will re-pay her shareholders in the event they fail to acquire a QA within 3 years. Then you will know the down side risk of your entry price which in turn will help you decide on your next course of action.
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Posted by henchris > Aug 16, 2014 04:08 PM | Report Abuse
Dear TCB I entered Reach at 0.735. I wonder I should cut loss next week. please shed your precious advice. thank you.
Posted by yongyou > Aug 15, 2014 11:55 AM | Report Abuse
dear TCB---further then PMB TECH AND LB ALUM aluminium companies,, what else aluminium companies to be WATCH ? I MEAN THOSE ALREADY STARTED SHOWING BULLISHNESS BEHAVIOUR?? in the coming earning results most aluminium companies earnings will be strong
tsy88 - its a pity your friend sold off LBalum early. Thats quite a fair bit that was lost. But you are right. That is the beauty of trading. Many a times, we are unable to predict what is coming. By the way, I think you made on LBalum too. Congratulations.
RI77 ,Thanks for the kind words. Sorry i cannot answer every email but your messages to me inspire me too. I am happy you make some money but remember i do pick losers sometime, so get ready to take early losses if that happen. Happy Trading !!
Yup, Mr TCB...sometimes we makes loses, , but your commitment , kindness and spirits very much respected..it is genuine facts! ...ur willingness to guide us are very much appreciated...we salute all the TCB crews! Please continue to guide us, show us the road to success....thanksssss...LIKE! !!!!
johnny cash-aluminium related stks Pmetal, Pmb Tech,Lbalum has already spike recently and the other stocks which followed the aluminium trend play last Friday are Arank and Alcom.Remaining aluminium related stock which yet to be in play are Johotin and PA. Arank looks bullish with more upsides to come. Happy Aluminium trading.
ProfitMan/henchris/yongyou, if Reach fails to do QA within 3 years, 76sen will be returned to all Reach shareholders. This is mentioned in the Star newspapers as well as the CEO Shahul's interview with BFM.
cherry tomato-Landmark 'Currently, Landmark is trading at NTA of 3++ with a bright growth prospect driven by its mega project in Indonesia. Earning improved from negative to positive and if the casino licence is approved it will be the crown jewel for landmark. Poised for further upside after the downtrend line breakout. Share prices are likely to widen its Bollinger bands in the near term as readings from daily and weekly oscillators are improving. A decisive breakout above 20MA@ 1.56 is expected to spur prices higher towards 1.66,1.74 with long term target price of 1.93. Immediate supports are at 1.47 and 1.45. A stop loss if 1.45 is triggered.' ( posted last Friday )
- Landmark will face some force selling on Monday as it will trading on a T4.Despite some selling by contra players last Friday the price did not break the supports levels of 1.47 and 1.45. Watch for volume and price to sustain above 1.45 level which is the physchology support level.A stop loss if 1.43 is triggered.
You got it wrong. I did not buy LBalum at all. Have bern monitoring it for so long and still did not break out. Like Matrixcool pointed out, if has been hovering and range bound for too long though it did not break 74.5. I deleted it from my main watchlist and so did not see it setting new high past 81.5! By time I knew, it was already 85 and did not want to chase at that level.
Re -Reach. Refund to shareholders in case no acquisition made with specified time frame, thought 90% would be refunded? Or does it vary from one company to another? Interested to know also.
Has broken out of its rectangle trading pattern on 22/7. Currently consolidating after the evening star on 7/8 signaled an impending weakness in the stock. Has found support at 0.185 and will need to re-test resistance at 0.225 before scaling towards its next resistance at 0.28.
Thanks for info on Pjdev. Congrats on Pjdev wc. Handsome gain you are reaping at current level 1.06!
Reach wa - I personally do not think it is overvalued at current level though it is facing tremendous selling pressure at the moment as those who got them free will be disposing to realise their gains unless they are for the long term. Probably it will come back after T4 when the selling subsides!
Kgb - my remiscier told me to take a look at this counter on Thursday. He said will come to 52-55. I monitored it after that but saw it could not get past 47.5.
My blog - yeah, happened to come across this new thread. Not bad, the writer is equipped with so much knowledge and writes and predicts just about anything and in so much detail from Dow Jones, being foolish once and twice, etc,etc. Can really learn a lot.
Dear TCB - appreciate your analysis on Arank. On Friday spiked with volume. Is it set to to breach it's high of 71? What is the Tp 1, Tp2 and support? Is company also dealing in same line as Pmtech, LBalum and Pmetal? Thanks.
Inwest88 - re Pdz. Company denied making acquisition and seems they have been disposing and that is why it has come off from it's high. Prior to this, has been trending up so nicely.
Dunknow - absolutely agree with you. Since the commencement of this thread, the whole team of TCB have so unselfishly sacrificed so much time, effort and research with their analysis and advice given thereon. Especially so for those who have family commitments or are working, it is truly remarkable. Nothing beats it!
Without fail, I will daily scrutinize every page for the Ta analysis, comments and advice given in reply to requests made, as well as the 'Stock in Focus'. Not to forget Matrixcool's list of stocks given in his e-mails to us.
I am indeed very grateful and will always be to TCB. You have given me so much insight into trading. Thank you so much.
tsy88 - good morning. Thanks for info on PDZ. Not my pick actually as I was told to buy but of course ultimately I have to make my own judgement after doing some analysis and observing the trend / movement of the stock etc).
Inwest88 - good afternoon. Thought you knew about Matrixcool's list of stocks via e-mail. You just need to give Matrixcool your e-mail address and automatically will be included in the group and you will be updated every now and then via e- mail. The most recent one was on 13th August on Pmtech which was spot on! Unfortunately, I did not enter because it gapped up to 1.23 and did not want to chase. Really missed out on that. Congrats to those who have bought Pmtech after Matrixcool's alert via e-mail.
Apologies. Upon reflection and checking, I had bought LBalum but it was quite long ago. My last entry was on 24 June at 73.5. Chased it at that time and cleared at 71.5 on 27 June at a loss. Prior to that, had made 2 rounds on this counter at the time when it hit high of 81.5 and thereafter. Overall, had gained from it.
You have a very good memory indeed and could still remember! As my last 5transaction recorded a loss and after that had not traded on this counter, was of opinion that I did not make. Was referring to present moment when you congratulated me.
Thanks for your congratulatory message. Really appreciate.
LBALUM still can go up more..earning report end of september,, but it is moving upwards already earlier... IF ANY OF ALUMINIUM COMPANY SHOW A STRONG EARNING REPORT,,THEN SURE THERE WILL BE AN UPTICK ON ALL ALUMINIUM COMPANIES.. THIS IS THE TREND NOW... SO TAKE ADVANTAGE ON IT...ALUMINIUM PRICES ARE SURGING UP.... SO WHICH ALUMINIUM COMPANY IS GOING TO GIVE EARNING REPORT NEXT WEEK?????????? P METAL,, PM TECH ALREADY GIVEN THEIR EARNING REPORT... LB ALUM,,END OF SEPTEMBER...
CAN SOME EXPERT ON THIS SITE PLEASE GIVE ME THE FULL LIST, THE NAMES OF ALUMINIUM COMPANIES LISTED ON BURSA.. I WILL CHECK THEIR EARNING REPORT DATES, THEN I WILL POST IT HERE ON THIS SITE.. make sure full list ha,,give their full name ok, not short names... thanks
Johnny, there is nothing exciting on companies dealing with aluminium. Just only those who has smelter will benefit most because of the high premiun on ingot.
Johnny cash - take note that Pmetal had just released their latest quarter results. Their profit increased three-fold and they are giving bonus 1 for 2. Spiked to new high of 6.33 day after announcement of result and since then has retraced to 6.05!
OK THIS WHAT I HAD FOUND,, PMBTECH, P METAL ALREADY GIVEN OUT THEIR EARNING REPORTS.. ALCOM IS NEARING END OF AUGUST OR ANYTIME NOW.. LB ALUM AND ARANK END OF SEPTEMBER...
tsy88 - will be watching Astino. Ideal looks like it's being cornered as I noticed not much volume is required to bring the price up. Hopefully Ijacobs performs well upon listing foe me to clear my balance of stock holding.
Inwest88- thanks. I like Astino. Company raking in profit with low PE and proposing bonus issue. Has consolidated and looks set break its high of 1.86.
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"Knowledge without discipline is dangerous,discipline without knowledge has little value" 1) We are here to help out any I3 members of their stock TA. If you need help on any stock chart just address us as “Dear TCB..” 2) We encourage traders to buy stocks with a trading plan. Before you buy please have a Stop Loss in case the stocks go against you. 3) We encourage traders to cultivate a winning habit, that is to lock in profits often when the opportunity arises. Be focused. We are here with one purpose only, that is to make money, never let a winning trade become a losing trade. 4) We encourage traders to set a Trailing Stop to protect their profits when riding on a winning trade. 5) We encourage other traders that have TA knowledge to participate and help out others on TA. In this way we all can learn together. 6) We will never recommend any stock in this thread as Buying and Selling is solely your own decision and your own risk. 7) We may post the stocks that we are interested in, together with a TA reading on it for the purpose of sharing. These TA readings are to cultivate habits of 'Discipline' and 'Plan' before trading .