My Trading Adventure
Sarawak counters (updates)
CP TEH
Publish date: Sat, 21 May 2016, 10:14 AM
CP TEH
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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
Not just sarawak counters...even maybank and genting drop in the same period..may is the selling month
2016-05-21 19:51
sarawak counters.....where is Faye Tan?
Sarawak tycoons give donations for business reasons....
Why i3 members also give donations?
2016-05-21 21:23
ang...its an infinite series, each time 10% of a smaller and smaller figure. You will never reach zero.
2016-05-21 21:25
Has diving virus passed to Sabah counters also, like what happened to Aturmaju and Taann? More to come?
2016-05-21 23:49
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
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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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
choop818
Care to comment why Sarawak counters have dived lately?
2016-05-21 15:07