Avicenna Avi
Publish date: Sun, 13 Aug 2017, 01:16 PM
MoMo Trading is an advance stock trading methodology based on momentum. It is a revolutionary trading system based on century-old Tape Reading method.

Robot Jamei supports MoMo Trading system with specific Algorithmic programs (Algo) based on trading rules in MoMo Trading. Robot Jamei has the capability to detect momentum stocks in Bursa Msia regardless of market conditions due to its robustness.

Facebook: https://www.facebook.com/MoMoTrader
Telegram: https://t.me/momotraders

Sector: PROPERTIES (-0.89%)

Price performance:

  • 52w: 1.58 (H). 1.23 (L)
  • Fri 110817: 1.19 (new 52w L)

Fundamentals:

  • FA score: 10/10 (Reuters)
  • Rating consensus (5): Outperform
  • Recommendation: Buy (2), Hold (3)
  • TP (12-mth): 1.60 (mean)

Latest coverage:

Major shareholders’ action:

  • 290517: 1.4Mil shares (acquired)

Technicals:

  • Robot Jamei’s momentum indicator: Very weak
  • ADX (14): 43.7
  • MFI (14): 14.5%
  • Pivot: 1.26, 1.24, 1.22 |1.20| 1.18, 1.16  

Cons:

  • PROPERTIES is not a ‘favorable’ sector in 3Q17.
  • PROPERTIES was the 3rd worse badly hit sector after TECHNOLOGY, CONSTRUCTN last Fri.
  • Bloomberg reported on Fri that Msian banks are high on loan-to-deposit ratio.
  • Weak momentum. Technically bearish.

More: fb.com/MoMoTrader

TAMBUN

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Discussions
Be the first to like this. Showing 10 of 10 comments

Alex Foo

tambun property counter ROE 20%. cantik~ sapu~

2017-08-13 13:45

Alex Foo

PE at 5....~

2017-08-13 13:45

RainT

Tambun coming not much project already ....future prospect bleak


Buy Matrix .....good prospect

2017-08-13 14:15

Penang_lang

I from northern Malaysia. Buy Tambun after Ikea complete in 2019. Penang properties better choose those build Penang island property. Eg Ivory, Tropicana, Ewein, HuaYang. Analysts may recommend EcoWorld, Mah Sing or E&O but they are pricier now.

2017-08-13 14:21

vinc3362

Alex Foo......before property counter uptrend starts, market should undergo major correction already. Better focus back to your Hengyuan and steel counters. At least enjoy a major price uptrend before and after Q3 results announcement.

2017-08-13 19:21

Avicenna Avi

Guys, thanks for your insights. Anyhow, there are usually 3 groups of people in the stock market.

1) People who uses FA for investment decision. Timeframe: long term. Price: not an issue. Focus: undervalue stocks
2) People who uses TA for trading decision. Timeframe: short term. Price: a factor to consider since the timeframe is short. Focus: timing to ride with the trend.
3) People who doesn’t belong to Group 1 & 2. They huattt left & right, day & night as long as the bullets are there :D

2017-08-13 20:06

gohkimhock

I will avoid all property counters as well as those in oil and gas.

2017-08-13 22:53

Avicenna Avi

@gohkimhock: any particular sector that attract your interest at the moment?

2017-08-13 22:57

nikicheong

walao gohkimhock, those are the two sectors that should most interest value investors given their bombed out valuations. but of course, need to be very patient, choose wisely and have to have holding power.

2017-09-19 22:41

gohkimhock

LOL, 輸鳩死你呀..

2017-09-19 23:02

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