connie

oh yes....thank you so much mr otb :)

2013-12-09 16:27

inwest88

# Ooi- you mentioned that Jaks is related to Puncak and thus will not provide a write-up. However for completeness can you provide the input for Jaks in the following areas - Resistance, Support and Target Price.

2013-12-09 20:46

Ooi Teik Bee

Jaks

The trading plan :
Reason to buy : Market rumour is a takeover target. More job will be awarded on water project.
The last 7 quarter results, there are profits made. No loss at all.
Major resistance = 0.575
Major support = 0.495, 0.455 and 0.42
NTA = 1.01
Target price = 1.10
Margin of safety = 54% (0.51)
Potential profit gain = 116% (0.51)
Cut loss at 0.42 = 18%
Risk reward ratio at 0.42 cut loss = 1 : 6.5

Feng Shui element = Water

Buy Jaks 0.51 (5/12/2013).

Thank you.
Ooi

2013-12-09 21:11

nch218

Great analysis and humble Mr Ooi...not selfish to share..and we all trade at our own risk..

2013-12-09 21:25

nch218

If more projects should be awarded to water project, I still.believe hiaptek should be benefits as well. Mr Ooi, any inputs?

2013-12-09 21:28

Ooi Teik Bee

Hiaptek - Technical chart is very good. However, I think Hiaptek is more toward steel industry rather than Water industry.

My stock selection criteria, minimum potential profit margin is 50%. I do not know Hiaptek can meet my selection criteria or not.

Thank you.

2013-12-09 21:37

nch218

Thanks Mr Ooi...hiaptek also supply to water industry..everytime when engtex move..it follow by hiaptek later
http://www.htgrp.com.my/projects_completed.asp

2013-12-09 21:48

inwest88

# Thanks OoiTB for the posting on Jaks.

2013-12-10 10:02