Post removed.Why?

Post removed.Why?

similar situation in klci, a big M shape that failed, from 1850 just 5 days ago to now 1758. 100 pts drop in 5 days. and ci close at lowest. the next weak support is 1723. that is still 35 pts from here.


this is all only surface, behind, there are a lot of counters hitting margin call level. the wave of margin calls will send ci below 1700.


looks like a downgrade is coming from s&p or moody.

today unable to hold near 78c indicate the rebound is only a technical rebound after 9 days of straight dropping. when you have 9 days of straight dropping and 1 day of strong rebound follow by the next day of weak closing (closed at day lowest). it is almost sure it will go to test the last low, which is 66.5c.

from here to 66.5c is almost 8c, that is not the worst, the worst is after 66.5 failed to hold, i can give u warranty card laio. 50c sure come.

ifca formed almost a M shape. classic pattern of toppish. what follows is the contra player on t+8 due from various date, plus the liquidation of syndicate on their goreng chips.
selling down all the way to test 50c is possible, all it take is 1 week.

i have a feel the syndicate is packing to leave for christmas....

mercury bro, the last time i traded HWGB it went up to 1.00 and drop to a certain level then it push up again to 77c and then the rest is history...

today i somehow can relate this price action of ifca to hwgb...??

mercury bro, yesterday i bought 72.5c, today sold all 77c i was the first one to hit the 77c seller 2.40pm.
many years never see mkt so bearish... drop n drop n drop.

how r u?

from orion conversation, i only knew he is only thinking this stock can only go up. he never thought this stock may collapse

noman, whats the conclusion from you?

actually in this mkt scenerio you pretty much know which co will survive which will fold.

knm will survive, THH will fold,

wait for mkt to stabilize....dont rush in to buy cheap, cheap can become cheaper cheaper

tp 50c

back to 1.20

anytime waterfall to 1.00

30c

please dont get offended. my GA shows ifca will drop to 50c if ci drop below 1700.

wait for 50c soon

buying oil and gas company is NOT investment. its more of speculating that oil price will continue to go up!

so now the gambler has to wake up, its open on the other side of the bet.

all oil and gas companies in bolehland are substantially owned by the stupid banks bcos of the loan. so oil n gas koyak how they cannot koyak?

75c soon

correct, banking will flood with bad loan from O&G company and default. plus property side.

just wait for rating agency to downgrade. i believe will come soon.

dont bullshit here. this comapny is bleeding and no new contracts is coming from petronas anymore.

the only way is to sell to sime again to bail them out, but at cheap price.

thu likely to retest 70c
friday may/may not go up. any upside is capped at 78c.

watch for ci to land into 1700 range. you have

ifca possible up 78c, possible down 65c. now 74c.
your upside is 4c, downside is 9c.

with ci possible drop 58pts from here, do you think ifca can go 78c or 65c?

ringgit may hit 3.80 like 1999. then all company has usd debt all died.

local property developer all koyak, import material rise. demand disssppear...lelong house everywhere.


not forget the GST hit

alpha trader, packed your luggage already or not? bring winter cloth la, cold there amsterdamn.

what story also no use now. push up to do right issue, get your money and coma for next few years until warrant expired.

possible drop to 1.70

will drop to 25c soon

well when mkt crash everything crash. matter of time, its called collateral damage.

this one warranty card issued. sure pn17 next year. this time no more rescued possible. will go to zero. 0c.

can go to 17c

Fx bro. mkt is big bear. careful la.

very bearish, using our GA method, target can be 13.0c

i have been warning under diff ID la. all kena banned. how come u r not banned?

without any improvement of our mkt sentiment. if should retest the 70c support. which is weak. and landed near 65c again. after that is anybody guess.

this is a very shorterm reading utilizing our proprietory method. call GA. Goreng Analysis.

Orion. bad news for you.

the shape of Ifca is showing head & shoulder, not your house shampoo brand. but something in Technical terms spells bearish and indicated the syndicate/owner or whoever is liquidating by pushing up.