Posted by WenJun > Oct 14, 2020 12:31 PM | Report Abuse

@ernest60 you can search warrant calculator (for eg: Macquarie version or bursawave) in google, they can be helpful in calculating warrants’ theoretical price or real worth

Posted by WenJun > Oct 14, 2020 1:16 PM | Report Abuse

Bursa received strong support from uptrend line (started on previous retrenchment in June), broke MA10 @ 8.41, broke downtrend line with higher volume and MACD continues to be bullish.

Immediate resistance:
(1) Fibonacci 0.618 retrenchment level @ 8.59
(2) MA100 @ 8.69
(3) Fibonacci 0.5 retrenchment level and previous retrenchments levels @ 9.05 - 9.14

Technical chart as of 12:30pm today: https://imgur.com/zG5rm7F

Posted by winlast > Oct 14, 2020 1:35 PM | Report Abuse

next target price at 8.80

Posted by winlast > Oct 14, 2020 3:35 PM | Report Abuse

coming quarterly result must be good now buying stock to accumulatie

Posted by ernest60 > Oct 14, 2020 3:36 PM | Report Abuse

today shall be able to breach 5B of trading value easily, now already 4.454B...i think is highest daily in Oct...

Posted by tokohM > Oct 14, 2020 4:05 PM | Report Abuse

only MCO trading volume come, bursa only got hope

Posted by WenJun > Oct 14, 2020 4:31 PM | Report Abuse

EPF just selling non-stop whenever it rises I guess

Posted by ernest60 > Oct 14, 2020 4:35 PM | Report Abuse

not necessary EPF, a lot more other institutions....

Posted by winlast > Oct 14, 2020 4:37 PM | Report Abuse

today up 20 cents to 8.65
tomorrow up 20cents agin to target price 8.86

Posted by ernest60 > Oct 14, 2020 4:38 PM | Report Abuse

okok...sapu sikit before market close

Posted by ernest60 > Oct 14, 2020 4:43 PM | Report Abuse

haha...repeat again yesterday pattern before closing, they make the price down few bid

Posted by tokohM > Oct 14, 2020 4:59 PM | Report Abuse

last minute smashed down one

Posted by SharkyBilis > Oct 14, 2020 5:03 PM | Report Abuse

Hahahahaha, sengaja one. This way, the next day even if it gaps up, it's not going to go too high. And also, this way, the white candle don't look too high.

Posted by tokohM > Oct 14, 2020 5:13 PM | Report Abuse

why they want to do so?

Posted by SharkyBilis > Oct 14, 2020 5:40 PM | Report Abuse

Collect. If spike now, hard to collect right?

Posted by ernest60 > Oct 14, 2020 6:04 PM | Report Abuse

Haih, those ppl been collecting for so much and so many days liao..even cross trade for 15-20 millions still not enough..lesson learnt

Posted by WenJun > Oct 14, 2020 6:06 PM | Report Abuse

There was a similar candle in 16 July around the same price range, will history repeat itself? We will see

Posted by Chong96 > Oct 14, 2020 7:58 PM | Report Abuse

Flying soon. Tomorrow onwards bursa trading value expect will be as high as today due to a few IPO listing start from tomorrow

Posted by ernest60 > Oct 15, 2020 9:07 AM | Report Abuse

and what i noticed last time when it spike also after 11.30am one...haha..let see

Posted by ryan3 > Oct 15, 2020 11:39 AM | Report Abuse

U r right, ernest

Posted by Jeffreyteck > Oct 15, 2020 11:40 AM | Report Abuse

Selective court prosecution was among the reasons which led to an "enraged".... oh, I thought laws is fair? Lol. Just like market, some cases resolved fast, some just like transmile case, need to live long life to see end game. That's why power and money are so important.
Bursa 2800 is not a dream as many have power and money.

Posted by WenJun > Oct 15, 2020 11:43 AM | Report Abuse

Congratulations Ernest

Posted by ernest60 > Oct 15, 2020 12:05 PM | Report Abuse

but so easy to predict? or just the same bunch of ppl doing that only? then let wait for 4.50pm to buy some when they make it down few bid...
thinking just cut loss another stocks that i bought and top up it..

Posted by WenJun > Oct 15, 2020 12:09 PM | Report Abuse

Momentum is in play now, as long as it is able to stay above MA100

Posted by tokohM > Oct 15, 2020 12:21 PM | Report Abuse

last time EPF throw again

Posted by WenJun > Oct 15, 2020 3:02 PM | Report Abuse

Break 8.90 soon, close above 9 will be an excellent closing today

Posted by terence775 > Oct 15, 2020 3:25 PM | Report Abuse

Titan Come come come...place ur bet on bursa upcoming eps. Anyone else want to tikam??? lol....

1. Terence : 15.5c (I take the middle 1 la since u said 15-16c)
2. VFTrader : 22c
3. Sakurako : 15c
4. Titan : 17c
02/10/2020 2:53 PM

any other bets?

Posted by beginner > Oct 15, 2020 5:05 PM | Report Abuse

hm... i sense dai si heng is back, all are back...

Posted by ernest60 > Oct 15, 2020 5:09 PM | Report Abuse

@wei jun, surprisingly close at 8.8, not bad also...thought will drop few bids and top up sikit

Posted by WenJun > Oct 15, 2020 5:15 PM | Report Abuse

@ernest60 yeah actually quite good considering the broad market and other countries are doing bad today, especially that it broke MA10, MA100 and fibonacci 0.618 retrenchment level. Good short term outlook ahead

Posted by SharkyBilis > Oct 15, 2020 5:24 PM | Report Abuse

Like I said, buy popcorn, wait, eat and watch.

Posted by sakurako > Oct 15, 2020 7:23 PM | Report Abuse

wait till neck long :-) a bit more to reach my EP

Posted by MCDIDDY > Oct 16, 2020 9:12 AM | Report Abuse

GOGO

Posted by newgenyoda > Oct 16, 2020 9:14 AM | Report Abuse

gogo c33

Posted by newgenyoda > Oct 16, 2020 9:14 AM | Report Abuse

coming resistance at 9.11

Posted by ernest60 > Oct 16, 2020 11:07 AM | Report Abuse

Am I too early to ask this? What next after this QR? What warrant should look at? C34 right? Expiration next year Feb

Posted by Harimaukecik > Oct 16, 2020 11:22 AM | Report Abuse

lets see how this 2 weeks goes first...even result good but i doubt Bursa will break 52wH...because if it does...everyone shall happy with any warrant liao...am i right?

Posted by CatchThe Bull > Oct 16, 2020 12:16 PM | Report Abuse

QR on 29/10

Posted by EatCoconutCanWin > Oct 16, 2020 2:26 PM | Report Abuse

buy in today test TP9.15

Posted by Jeffreyteck > Oct 16, 2020 3:13 PM | Report Abuse

Political environment continue to be ruined by old horses. Potential volatility cum with opportunities.

Posted by ernest60 > Oct 16, 2020 3:14 PM | Report Abuse

haha, harimaukecik you are not wrong or right, because we dont have crystal ball to predict, but if you do nothing, the chance maybe will slip away...so i think you hvnt bought yet and maybe you should not invest in stock as well...

Posted by Alfonso > Oct 16, 2020 3:18 PM | Report Abuse

No problem, according to Wikipedia, our country is politically stable
https://en.wikipedia.org/wiki/List_of_countries_by_Fragile_States_Index

Posted by WenJun > Oct 16, 2020 3:28 PM | Report Abuse

Dear passenger, please receive your daily dose of roadblocks, thank you.

Posted by super_newbie > Oct 16, 2020 4:25 PM | Report Abuse

Bought some today.

Traded value MTD ~RM49Bil, estimated c. RM76Bil for Oct, much higher than any months of past year average, expected Q4 still earning above average.

Projection FY20Q3 NP = 124,670
T4Q EPS = 0.397, Trailing P/E 22.3 in 2 weeks time (below historical P/E 25) and provided FY20Q4 > FY19Q4.

Posted by ernest60 > Oct 16, 2020 4:31 PM | Report Abuse

@super_newbie, you can participate the bet of the Q3 EPS below:

1. Terence : 15.5c (I take the middle 1 la since u said 15-16c)
2. VFTrader : 22c
3. Sakurako : 15c
4. Titan : 17c
5.super_newbie:??

Posted by super_newbie > Oct 16, 2020 4:36 PM | Report Abuse

Risk free rate Sep'19 = 3.35
Fair P/E in equity market = 100/3.35 = 29.85
Historical P/E for Bursa = 25

Risk free rate Sep'20 = 2.78
Fair P/E in equity market = 100/3.35 = 35.97
Fair P/E for Bursa = 3.35/2.78 * 25 = 30.13 #

Posted by super_newbie > Oct 16, 2020 4:38 PM | Report Abuse

Q3 EPS = 124,670/809,000 = 0.154/ 15.4c

Posted by WenJun > Oct 16, 2020 5:06 PM | Report Abuse

Is this a shooting star?

Posted by SharkyBilis > Oct 16, 2020 5:10 PM | Report Abuse

1. Terence : 15.5c (I take the middle 1 la since u said 15-16c)
2. VFTrader : 22c
3. Sakurako : 15c
4. Titan : 17c
5. super_newbie:15.4c

Lai, place your bets!

Posted by Jeffreyteck > Oct 16, 2020 5:39 PM | Report Abuse

Market sentiment will determine its direction. No one can judge correctly the price.
...
Dr Mahathir says political uncertainty won't end with Anwar as PM.... of course, bcos I also want to be the pm, lol.