CGS-CIMB Securities is substantial shareholder. NTA only 4 sen.

Don't know whose money is CGS-CIMB using to goreng a 4c NTA stock to RM3.15. Hope not customers' trust account money.

The 20% in Perodua worth alot of money. Sime needs the 20% to form majority and make Perodua its subsidiary before it can proceed to list it. Question now is need to wait for how long for Sime to make an offer. Can take months or few years. Need to settle UMW's debt first.

Ibot, my portfolio has been added but missing in the list above. http://klse.i3investor.com/servlets/pfs/71427.jsp

Please add me.
http://klse.i3investor.com/servlets/pfs/71427.jsp

Hi ibot. You left me out again. http://klse.i3investor.com/servlets/pfs/71427.jsp

I interpret this buy call as:

"Feng Shui master and the directors bought a lot at 8c. They are telling everyone to quickly buy it and help push it to 16c, so they can sell."

Ibot please add me. http://klse.i3investor.com/servlets/pfs/71427.jsp

Add me please. Thanks.
http://klse.i3investor.com/servlets/pfs/71427.jsp

Private placement 76m shares. PE so high. No wonder placement investors dumping. 1 day only manage to dump 4m shares, you can guess how many more days it will drop. Good luck!

50c first target? What's the story for this counter? Loss making, pe 35x. Someone please enlighten me.

Hi matrixcool

When sell... do you set profit target to sell or do you set trailing stop?

Say scicom today up so much, are you going to queue at certain target price to sell, or do you do a stop... i.e. if it drop below such price, you'll sell?

Many thanks.

Matrixcool - unfortunately I didn't get to buy Guoco. Not easy to buy it on event (3)... it opened gap up above breakout point, up 4%. Waited for it to drop back but it never did... Should I have jumped in if it open gap up above breakout level? Really need to learn more from you.

Thanks for the detailed analysis matrixcool. Definitely learning alot from you.

As I seldom trade during events (2), may I ask based on your experience and numerous trade on (2), what are the odds or do they happen often that after a period of consolidation, instead of a continuation breakout, it actually broke the support and went lower?

May I draw your attention to K1. It had a big move on 7May, then retraced 50% and consolidated for 8 days forming a pennant. However on 21May it broke the pennant's support and continuous drop for 3 days which is sufficient to trigger a stop.

You have shared with us that you have traded K1 before in July. Can you share how you trade K1, why entry in July (when stock has consolidated for 3 months, are you not afraid it will consolidate for another 3 more months), but not in May when there was a pennant formed 8 days after the big move?

Many thanks

#GUOCO—After hitting a new high of $1.96 on 31/07 it is taking a breather. It has formed a Flagpole pattern and consolidates inside the bullish flag, a break above its bullish flag at $1.80 signal breakout to retry its previous high and very strong resistance of $2.00(invincible zero resistance). A break above this psychological level of $2.00 will take it to next target of $2.10/$2.20. Failure to breakout it is expected to fall back and trade inside its bullish flag of $1.57 to $1.80. Stop Loss if $1.50 is violated for short term trader. #

Hi matrixcool

Can you share with us how would you trade in scenario above? I shall break the scenario into 3 events.

1) The stock already had big movement.
2) Next it consolidate or form a pattern
3) it broke resistance to go even higher

Most of the time we only get to notice the stock when event (1) happened of which the stock would have gone up more than 10% in a day. Some are lucky to enter on same day, some only noticed about it after market close.

Can you share with us how would you enter? At events (2) or (3)?

Do we enter at event (2) - consolidate & low volume, let's say GUOCO on 4/Aug, and sit and wait for it to move and set stop loss if it break the consolidation support?

Or do we enter at event (3) i.e monitor closely and wait for the stock to trigger buy signal price at 1.80 or 2.00 (if missed 1.80), and then start buying?

Or should we scan through top gainer during the day so we can be early bird to enter at event (1)?

Many thanks.