My Trading Adventure

Sarawak counters (updates)

CP TEH
Publish date: Sat, 21 May 2016, 10:14 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.

Updates on S'wak counters : CMSB, Dayang, HSL, Naim, Scable, WTK

MAY 2013 news : http://www.thestar.com.my/business/business-news/2013/05/25/sarawak-counters-hogging-the-limelight/


CMSB(code : 2852): Another black candle for the week. Though stochastic showing the stock price is oversold, no sign of reversal(yet). Watch.


Dayang : Peaked around RM3.75 ... dived to RM1, rebounded to RM1.35 level(which I missed) and now ... coming back to RM1 level. It closed at RM1.12 level yesterday. I have avoided O&G counters for few months now, watching as crude-oil above USD48 now (from the low of USD30 level)


HSL : I was watching yesterday for it to hit RM1.60 level to consider to buy but it rebounded to close
 at RM1.75 instead. Technically RM1.60 is a strong support. Reversal in making and we could take the risk of trading HSL next week. Cut-loss if RM1.60 broken, of coz.


Naim : Peaked around RM4.30 ... going below RM2 ... more than 50% retracement. Cut-loss is a MUST if one is buying at high level ... say, place 10% below your entry price, CUT LOSS.


Scable (code 5170) : Closed at RM1.44 .... shall only check at RM1.25 support level



WTK : Currently at RM1.15 level ... not attractive.

Note : I may consider HSL next week. Trade at own risk.

TEH
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Discussions
Be the first to like this. Showing 13 of 13 comments

choop818

Care to comment why Sarawak counters have dived lately?

2016-05-21 15:07

Jeremykid

Is Dayang still worth to hold? Pls advise

2016-05-21 16:42

kk123

Not just sarawak counters...even maybank and genting drop in the same period..may is the selling month

2016-05-21 19:51

Apollo Ang

each time loss 10%,10 times lost all your capital

2016-05-21 19:59

Apollo Ang

1 time lost 10%,10 times lost 100% and all your capital

2016-05-21 20:02

Fam Jenny

Apollo Ang,you are right,bittergourd is a retard.

2016-05-21 20:56

stockmanmy

sarawak counters.....where is Faye Tan?


Sarawak tycoons give donations for business reasons....

Why i3 members also give donations?

2016-05-21 21:23

stockmanmy

ang...its an infinite series, each time 10% of a smaller and smaller figure. You will never reach zero.

2016-05-21 21:25

saschl

Run from Sarawak counters, nadai, nadai harap, bop!!

2016-05-21 21:29

choop818

Has diving virus passed to Sabah counters also, like what happened to Aturmaju and Taann? More to come?

2016-05-21 23:49

cpng

Sarawakian related also no spare.
Beware!

2016-05-22 10:26

saschl

A very sincere warning on all Swk counters, seems all such counters really controlled by crocodiles who work on insider news, a live and undeniable case is Taan, Share price of Taan dropped by >15% before results announced on last Thursday, the fucking crocodiles kept on throwing! Very clearly, these blood sucking, damned to death crocodile insiders know the the fuckingly poor results of deadly Taan which were announced last Thursday! Damned, all these blood sucking crocodiles who earned by insider news will
All be condemned to early and premature deaths via he most horrible means!!

2016-05-22 10:45

kk123

Well both gtronic and taan drop before announcing their not good results..
So surely got some insider info element in it...

2016-05-22 20:36

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