Measure your risk reward ratio and think logically. Bought 170m shares to push it back or let it die? Shares are limited but money is unlimited due to able to leverage.

SmartAss, you are right.I believe tomorrow will rebound and on 1st June when it is last day for payment for right, aax shall reach about 0.290.

Please think:
1. Today headline is very scary, losses increase by 10 times, but only drop 1 cent. Means? To me means price in.
2. Monday and Tuesday volume were very high, but today volume is so low and didn't break 0.250. Means? To me means, it has bottom up for now.
3. It is normal for shares to drop when there is right issue. They sell down mother shares so they can collect cheap right shares with warrant. They have bought so much right shares... ,more than 100m volume, let aax die? How much they are going to lose if aax die?
4. If you have bought at 0.255 to 0.265 and sold at around 0.280 - 0.290, what price you will buy back?
5. Tomorrow should rebound if the above 4 are valid. Isn't it at current price, demand is more than supply. You all know how to calculate risk vs reward ratio?

Shares investment is about statistic and common sense. Be greedy, when others are fearful. Understand the meaning and apply. :)

Unable to close above 0.430 which was resistant turn support. Today suppose to run but it didn't hence, out of my expectation so I sold first and see how.

Good question, so much debt how to pay? Bank borrow to the company? Unlikely and most important is interest going to kill the company. The easiest way is to do private placement, bring in a reputable investor like what happen to sumatec or do a right issue. To raise more funds, the shares price need to go much higher than current price. Yet to have a single analyst call for buy. KNM only receive buy call after up from 0.450 to about 0.90. Use your common sense when come to investment. Thanks.

0.405 turn support, 0.430 tested 3 times, volume done between 0.410 - 0.425 was very high. Technically it should not drop below 0.405 to maintain up momentum. My best guess base on experience, tmr should break 0.430 to reach around 0.460 to create panic buying.

Reasons for buying. 1. Seldom you see a company in a very short period of time can get total value of contract 500m above the company market value, currently at 325m as of bloomberg. 2. Yet to have a single analysis call for buy. See how knm turn around. On 21 & 22 Jan, very high volume isn't it similar to zelan on 5 & 6 August. If Zelan can cross 0.430 and close above 0.450, it shall surge all the way like knm. 3. When a company get such a big projects, it needs to issue right or do private placement because they were a loss making company and short of cash manage the contracts. This is true for Sumatec, TH Heavy and KNM. So, Zelan is still in its early stage.

My advice. But a bit at current price, 30% for your intended amount. Cut loss if close below 0.370. Average up another 30% at 0.440, further average up at 0.470. Once cross new high, adjust your sell price or cut price higher. Upside target is at least 0.60 so the market cap can reach 500m. Simple maths, you guys can calculate the risk and rewards. When a shares price at 0.400, 10% people see the shares price is undervalue but at $0.80, 90% people see the shares price as under value. This is very true for shares price that up very sharp in short period of time like SMRT and Benalec and stay in a high range for very long and people spread the news that the counter still undervalue. This is one of the usual way they unload their shares slowly.

Use common sense in investment. The ratio always remain, only 10% of people make good money in shares investment.

I bought Zelan at 0.350 when it breakout and average yesterday at 0.380 because after study, I realize I have bought too little.

Very high chance form double bottom. Today volume is very heavy so those who wants to sell, should have sold. Cut loss if break 0.840, upside 1.02 in short term < less than 2 weeks.. There must be a reason why volume so high at between 0.850 - 0.880. Main reason should be substantial shares holder selling and someone who knows come in and buy. I will buy tomorrow as long it is below 0.880 and above 0.860. Risk rewards ratio, worth a try...

Most likely to reach $5.00 in Nov. Buy 50m shares to lose money? Is very strong since the release of result and cross 50 days ma.

Potential to be the next Sumatec.

脚踏实地。

You don't need a very thick technical analysis book. Trial and error, discussions, experience, etc then you grow. I benefit from others so I don't mind shares with you all. If everyone looking at the same chart, using the same technical indicator, how you can get more information than others? Is how you link all the available information that make you difference from others. A lot of experts keep quiet.. hmm... don't know when can know one of them and get them be my clients. :)

As analyze on my previous comments, most highly traded counters just push up to sell at about break even price or a bit gain of gain. If next time SK Petrol reach 3.20 again, it might not be a good time to buy. It needs to depends what is the sell down volume. The more retailers get stuck, the weaker the counter is. This is an ugly true. My friend ask me, why today Hong Kong market up so much but KLCI down? The root of problem lies at Indonesia market. As long rupiah unable to climb back above psychological 1 USD to 10k rupiah, market won't gain confidant that the worst is over. Malaysia market is expected to follow Indonesia market. Trading falling market is twice more difficult than market on the way up. If you are not prepared, better stay sideline. Thanks.

First, those who will look at sk petrol r ppl with a bit of wealth n interested in shares then come here. 2nd, sorry not discrimination.. Above 28 more mature,...below 35 can take more risk. All r welcome just the age group 28 - 35 I see always more passionate. Those who attended any seminar on shares, I doubt the coach got teach u to select shares this way. They are more on long term BC if they say tmr will rebound, it didn't, they will pai seh. I also will have mistake, just like salcon...Suddenly broad market no good.. Everyone run, how to push? My investment style is win more, lose less and not 100% win. Thank you.

Of course no one can predict the future. Just measure the risk rewards ratio. If you go to casino you gamble $1, big return is $4 and chances of winning is 90%, small return is $1 and chances of winning is 10%, which one you choose? Or you choose to keep $1 and do nothing? I will choose option one. Why I know the rewards can be so high and risk is so low? This is my job experience. I do short selling for Singapore shares and hence, my opinions are less bias as I can profit from up or down market. I need valuable clients to open a trading account with me and not those who dream that they anyhow tikam, hear rumors, know a bit of TA can profit from the market. My job is to guide my clients to max profit and minimize losses. Hopefully can find someone about 28 - 35 and passionate in shares investment.

KNM, upside limited, unless there is a catalyst like profit improve or got a big contract. If break 0.370 with high volume, bye bye.

Eh,,, i didn't average up sk petrol as I believe it has stable but buy muhibbah as it didn't gap down like air asia even it is oversold. This is my job experience. Sorry, I always didn't hold shares more than 3 days as I bought at critical point, either it will move up a lot or down a lot. I am a Singapore remisier, looking for people who have keen interest in shares investment.

I have sold all at 3.52. KLSE today close at 200 days MA. I believe tomorrow will down. Imagine you start buy from 3.70 where was previous support price. You buy another time at about 3.25 when you see got people come in and support. At today close, you can sell everything at about break even price, would you want to sell? Most the counters got the same pattern.

I only look at shares that is actively traded. Currently, nothing worth buying as risk is too high compare to potential return. I was amazed, a lot of shares down with such low volume compare to previous up volume, it means, a lot of people still have no confidant in buying or previous up volume was just fake volume where exchange hands between same gang.

Be careful, my advice for normal retailers is stay out of the market. Only buy when there is exceptional sharp sell down. Those who like to trades, trade a bit and gain experience as most people expect market to be very volatile in coming months.

Most important, don't chase high. Market is now in down trend. The whole ASEAN in downtrend. Sentiment won't change overnight and takes time to regain confidant.

Yup, about 1.90 is the breakaway level...from July 15 shot all the way to 2.69.

Congrats to those that trust technical analysis as my last comments. Same as last time MHB, many retailers pray for it to go much lower but many fail to realize, if one day this counter fall below 3.18, this counter is gone. A shares need to hold certain pattern for it to continue uptrend. I wonder how many actually find my comments rational and actually bought? Always remember, don't always treat buyers are idiot when the shares price crash, as they might be accumulating. See what happen to Muhibah? Luckily I bought some at opening price and just wait for the day to end before decide to whole or cut. Tomorrow, if we are lucky Sapura Kencana will reach 3.60.

Tomorrow will rebound, 90% confidant. About the same as MHB on 31st May. Heavy volume done from 3.20 - 3.24. If buy so much to lose money, then I will cut at 3.18 with them. RSI 17, retrace to breakaway level... is a must buy price. If tomorrow morning didn't gap down but at around 3.25 - 3.30... it should have a technical rebound. Don't treat buyers are idiot. Risk is low, compare to potential reward, so is a buy. Furthermore, KLSE RSI at 20 and close just above 200 days MA. My buy price is the closing price - 3.24. Only when people are fear then you can get low price. Look at Air Asia, it is trying to form a bottom, RSI is also below 20.

Tedbeh, you are right, confirm related to private placement. For a private investor, would you invest in a company that shares price keep going up or keep coming down? Look at what happen to TH Heavy Engineering. If we are lucky, it will surge next week to above $0.800. But, of course... depends on the mood of stock market operator.

From technical view, most likely to spike up. Usually when most retailers sold, then the shares price will start to run. As long most didn't sell, it won't run.

is a new closing high. Yet to reach top volume, so? You should know what is the most likely direction of the shares is going. But, still it depends on the stock market operator mood...

Kenanga had wrote in great details on fundamental analysis. The company currently is cash rich most likely because it anticipate they are going to get some big contracts. On technical as mention earlier, the director put the downside at 0.910. Short term upside should be around 1 - 1.06. Recently the volume is very low so really can't tell when it is going to run up. Hmm... you might need to pick up, even you buy on Monday. But, the longer it consolidate, the stronger will be the rebound. Risk vs rewards and after comparing other counters, I am holding this counter for a while and see how. Finally,.... the chart is draw by major shares holder, so? I guess, it is a buy call. Unless broad market is very bad, if not unlikely to break 0.910.

Pantech is a false breakout chart. Too many people stuck at price 1.06 and above. Supply is too high compare to demand. It might be like what happen to Benalec. It is better for it to drop to around 0.900 - 0.950 before rebound, just like Benalec which was a false breakout chart too and drop to 1.30 before rebound. Glad I see sell signal and sold all at 1.13 & 1.14.

Congrats to those that read my technical analysis and bought Gadang at about 0.910. Argue so much no use. Some people are bullish, some are bearish... all price in the chart. Follow the chart is far more accurate.

Money got a bit, face only got one. If after I bought, the shares price, drop further, I will be laugh by my friends. So? I believe Tan Sri knows what to do. :)

1. Follow the chart. The counter surge from 0.910 to high of 1.06. If you have sold at above $1, would you buy back? If you miss the previous rally, would you buy at current price? 21 days MA is at 0.925. Demand more than supply, right?

2. Today, within minutes it was push down to 0.910 in low volume to create panic and accumulate until early afternoon session before push up.

3. If result was bad, the down volume on 26th July won't be just 6m at it will be much higher.

Conclusion: It should rebound like Coastal 5071. But, if tomorrow break 0.900 with high volume, cut... I believe is unlikely since the major shares holder bought some today.

If later break 50 days MA and S&P close below 1,600 with high volume then means bye bye.

I also hope so... hope there will be panic selling so we are able to buy it at a cheap price.

Due to false breakout. It attracts a lot of people buy breakout 1.50 but next day start to turn down. Just like Scomi. Only experience investors know whether it is true or false breakout. Global market so bad, still want to break 1.50?

Critical support at 1.30.

Yup,... People very funny one... See people sell down 1m shares think sellers are strong. Buyers didn't withdraw and let it throw so is equally strong. But, qqq... if global market crash, no matter what shares also die. 2 possible scenario. Try to draw a reverse head and shoulder chart or form double bottom. We shall see...

KWSP return is at about 6%. Means you are risking a guarantee return of 6% on some shares investment that you are not sure. Save it for retirement or repay your housing loan is wiser. Shares investment suppose to be in cash as short term interest rate is at best at 3% if you deposit with a broking house.

Hey guys, respect HSI, Nikkei, STI and ASX. Didn't you all see HSI, STI and ASX has broken 200 days moving average? Now waiting for S&P to break 50 days MA to trigger global sell down. This is a norm for of fund managers tactic... Hold US to sell Europe and Asia shares.

Still buy? Risk is too high compare to potential return. Unless HSI and STI climb above 200 days MA again, I am not buying and will only short selling.

Malaysia KLSE always the last index to down in Asia. Reason because we got capital control and foreign fund harder to transfer fund outside Malaysia. KLSE has been stuck in the range since 6 May... You think will break out at this kind of market condition?

Didn't you all realize, a lot of shares with high volume has form top and stuck a lot of retailers? TH heavy, Benalec, Scomi, Iskandar related counters, etc... Penny even worst... Downside risk is way too high. My advise is sell...

I predict KLSE will cover the gap due to after election surge at 80% confidant. If I am wrong, I buy high later... is ok with me, and I feel more safe.

My last trade was Scomi.. Buy at 0.430 & 0.435 and sold at 0.445 as I sense it should be false break out.

Try to keep more cash on hand, global market is not good. The bad of Malaysia investors is their bias is UP because they only can make profit if shares go up.

Buy is easy, sell is 10 times more difficult decision to make than buy, agree?

Hi BC, thank you for the sharing.

Lose money hold long term, win a bit quickly sell and take profit and look for new trades. 80% of people thought, as long you hold it for long term, confirm will make money.

When retailers start buying?
Example: When Maybank at RM5, I recommended people to buy, they say wait it drops further, when Maybank at RM10, automatic will have people call me up and ask me whether can I buy and hold for long term. Funny, right?

You only can call yourself you make it, if and only if, another crisis come and cause a deep recession and you are not burn and yet still keep making money.

Now is bull run,.... Making money is normal.

The sharks change their pattern every now and then. Your strategy work in Jun, does not mean will work in July... Trading is an art..

Let them kena burn lah. U think spend thousands attend a course n read books, trades n trades can be millionaire? A lot are not reveal in the course or books. I can talk a lot here, who knows what I really bought? Maybe redtone...? The most wasting money is attend the course. BC they cannot make it in trading so organize course to earn a living.... LOL...

Robert u r in yr 30s? I love to know more traders...

Not so simple... I only reveal a bit. Who cares of us? We are just kacang putih. If they know got someone keep buying, u think they will push up? Push down to hell n let u panic... MHB market cap so big n not like redtone or th heavy that can go against logic...too much.

Got time look at Singapore shares. Just look at We Holdings. 300% in 6 days, just before the end of contra period!!! Don't average up? You miss a lot of fun.... I am one of the kiasi that miss all the fun... hai...

Sorry, I am still a distance to call myself a professional trader. Average up never wrong if well manage on price you bought. Yup, you need to be very sharp, the time to sell. You kena something like KNM, bye bye. FYI: I bought KNM at 0.580, average up at 0.600, cut at 0.595. I do have some very very bad experience...

With the cash I have, my profit would only be half of what I get now. By averaging up, even my last trade is at a loss I am still better off in profit by 100%

A breakout, normally will up at least 20%.... sometimes even 100% before it stops and have sell signal. Just look at TH Heavy Engineering. If average up all the way... the profit will be unbelievable. I only need one trade like this a year...

Hi, Spinning Lotus, mind to have a coffee? Maybe I can learn a lot from you.

Talk easy, when want to buy or sell, not so easy... If I ai wan, not sold MHB at 3.70 or higher.. and keep for another day, the risk is way too high... vs potential return.

Open high, close high with high volume, hold on. Open high, close low with high volume, sell. Don't buy any shares that who ever bought and sold is making a losses - within contra period. People see you are panic, will push the price to very low and cause you to cut.

My first price was 3.22, next day 3.43, next day 3.61. I can't afford to pick up all. With this kind of closing, stuck so much people at high price, bias is confirm on the down side. I have been doing this many many times and I know 8 out of 10 is down.

The different one, you can look at GOB.

落井下石easier or 拔刀相助?

That is the max I can shares and can't be even more details. Yup, I see buy signal, I will be bullish, if see sell signal, turn bearish. MHB movement is really unexpected... reach 3.75, still can close so low at 3.57, don't run, wait until when? My profit reduce by half very bu gan yuan but I have an exit strategy even before I buy, so I make the decision to sell fast.

Exit strategy is the first thing, you need to learn in investment.

Only my clients can get to know more in depth on my technical analysis skills. Hope you all understand. Thanks.

Dondy, you were right too... It will be push up again but don't expect to a very high price. Above the right shares price, attractive enough for them to subscribe will do....

Base on technical analysis... The up volume was so low.. Only until it reach 0.100 and above the heavy volume come in. Means the base of this counter is too weak. Too many people bought at high price. Even want to rebound, it will take long time.

See Patimas? Same pattern, up volume is so low, but down volume so heavy.

You all should feel fortunate to have Sandra to explain in great details what is happening. Yup, what she said are true. I am also from stock broking. Newbies, please don't dream can make a fortune from penny shares. A lot of remisiers that look at the market everyday trying to guess the penny shares direction still losing money. Try to invest on big cap first. Before you can master big cap movement, don't try small cap, as most the small cap are manipulated. It can drop to whatever price they want and up to whatever price they want too.

Only 10% can make a fortune in stock market. Want to be the 10%... first, buy a investment book to read.

My advise: Just cut and learn a lesson and never try to act smart again. Yup, it might rebound to maybe 0.150.. but god knows. 0.130 is a very very strong resistance price. Risk is too high. I know a lot won't cut at this price.... But, if drop to 0.06 and then rebound to 0.08, you will cut. I know very painful, I went through before, at night can't sleep. But, only painful then you will learn the lesson and never try to do it again.

Scomi will break out on Monday. Today purposely let It close at 0.435... Buy so much at 0.425 - 0.430 to lose money? U think u want to pick up the shares or push up let ppl chase high? If press down n let it fall, i salute...

They are accumulating.. Why dont let it break down n cover gap? Bc they r drawing the chart. If i hold at 0.120, those that keep long, see already double from low, will sell to me. Those bought at 0.130 n above, see loss a bit, just cut n scared drop further.. No volume, how to break stong support 0.115?

Resistance now at 3.55 - 3.60. Strong support at about 3.20. If you buy at 3.40, upside is 0.150, down side 0.20... Not worth buying. 3 - 6 months, it should be up. Just like MISC, it needs to down one more time to about 3.20 to form double bottom chart. So many counters, why die die must buy this counter? Unless it drop to about 3.20. Scomi, seems want to breakout, we should buy shares on uptrend, right?

Don't worry, base on my job experience, it will go through. No one is selling at low price, it is a good sign.