Good closing at 35 sen. Operator has indeed warmed up this counter. Let's see how it goes tomorrow...

The buy and sell signals are in the trading dynamics and the TA analysis. When market is quiet, the signals are easier to pick up. Now that this counter is getting hot, signals are interfaced with noises from traders. Less easy to detect operator's game plans.

Anyway, this is a liquidity-driven market now. Just stay alert and trade on the momentum. As I now have exposure in this counter too, to be fair, I shall not give my sell decision(due to conflict of interest). Use your own judgements. Do not be too greedy as we do not know for how long and how far the stockists will push this counter up.

Huat, everyone!

I have been generous to share my knowledge of the trading dynamics of the stock market. If you had followed my postings, you would have known that my assessment about how market works is always so informative. Those forumers who had earlier heeded the "sell" calls from some "smart alecs" here could have ended up in Holland already.

And someone commented that I do not know anything. The greatest joke of Bursa.

Haha...

Do not try to predict the market. It must cross 30 sen first before we talk about higher prices. Much will depend on the speculative demand and how the stockists want to play the game.

Bought yesterday already...haha

I got the buy signal yesterday at 26 sen. I am not greedy. Just wait for the sell signal now...

Where are the rest? Busy punting on the stock?

Haha...

Engine has started? My prediction has come?

Kiasi has now learnt to speak like a veteran trader with a mkt sense. But somebody has yet to do his part well to shout louder so that stockists can fully understand his concern.

Stockists are everywhere. For IFCA, the theme is out, they can only make small money. For hot themes like O&G & steel, they can make big money from the investors/punters that help them chase the prices up.

Another understanding problem with you. You cannot catch why Kiasi asked that question. But I can understand his motive - to tease me..

Haha...it is really funny...

Haha shout louder....we understand you but it is no use. Stockists do not seem to understand you...

Ask the stockists! But that is their trade secret.....haha

Haha that is what the stockists were doing yesterday. Narrow trading range, but very high vol. 0.5 sen could also count so much in their profits.

That is the problem with you guys. Never try hard to analyse how mkt works.

This counter has been consolidating for quite some time within the 33.5 to 35.5 sen range. See if it can break out higher tomorrow...

Strictly speaking, this is called, "misrepresentation of factual info", in legal terms.

Haha..this may sound like a "foreign language" to you.

As I have said earlier, January is usually a good month for KL penny stocks. I would expect operator to push it up above 30 sen this month,to clear some stocks at the same time. If this does not happen, it will flash a "red" flag to me as it just signals that the speculative demand for this counter is just too low and the operator has simply given up trying it at such a good time.

A good trader always picks up signals given out from the market operator.

I like to talk facts. I am not against anybody. I just wanted to point out misleading statements.

Somebody says, "These 2 days market was good, all up except IFCA..".

I think he has not checked the mkt for a long time. IFCA closed at 26.5 sen on last trading day of 2016. Yesterday, it was 27 sen and today so far, unchanged at 27 sen, so overall still up 0.5 sen.

As for other counters, not all are up. Just look at Airasia, the punters' one-time favourite, it has been down these 2 days.

Haha, pls check your facts.

Facts of investment world:
There is a saying, "One man's trash is another man's treasure". To some, this counter may not qualify as a long-term buy as yet. But it does offer occasional trading opportunities for the TA-savvy traders.

"Be it a black or white cat, one that can catch mice is deemed to be a good cat!"

Somebody keeps on changing his goal-post without analysing the market, sure got one time hits the net by a fluke shot.

I am still waiting for a buying signal from the operator. Apparently, his shouts have not helped.

Ha Ha....

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Stock: [IFCAMSC]: IFCA MSC BHD

Dec 9, 2016 03:26 PM | Report Abuse

next week 0.250 before christmas


Stock: [IFCAMSC]: IFCA MSC BHD

Dec 7, 2016 09:32 AM | Report Abuse

next TP 0.20 before year end


Stock: [IFCAMSC]: IFCA MSC BHD

Dec 1, 2016 09:15 AM | Report Abuse

TP 0.18 before year end. wish IFCA all the best to HOLAND (KY + OBB + LNK = HKC)

04/01/2017 10:44

5/5.5 sen.....a little play now

What I have predicted turns out to be true. January is a better month.

Independent and non-executive director, Mdm OBB, resigned out of health reason. You guys can. also get paranoid.

Look! Stockists really had a good laugh and pushed the price up to 27 sen.

Yes, do not buy if you have no confidence in its management. There are so many companies out there for us to pick and choose. It all depends on our investment objectives, time horizon and risk tolerance level, etc.

I agree that its management has screwed up on its investment in its Power Associate, hence the unrecognised losses. So, it may not be a long-term buy. But on a short-term trading basis, it can still offer as a "cheaper" proxy to Mycron, if the latter can still climb up some more from the most recent consolidation and the steel theme play is intact. Of course, upside might be capped at a certain price level.

Just my views. Not a buy or sell call, always.

Just ask yourself. If not somehow due to the unrecognised losses, you think this counter could be trading at such a huge discount to its NTA at current price? To what extent the mkt has priced in that news is just anybody's guess.

December is usually a quiet month for KL penny stocks. So, operator is in an accumulation mode, while testing our patience. No hurry to change the status quo.

Next week is January. Mkt is usually better. Let's see whether there is any play.

2016 final closing: 26.5 sen, still above the previous low of 23 sen and defying expectation of falling to 20 sen or even lower, forecast by some.

I am still waiting for a buying signal from the operator...

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My previous posting:

3. Share price is also determined by mkt supply and demand conditions. If selling has already dried up, say at 23 sen at current (weak) mkt conditions, do you think stockists still have the incentive to press it lower again, before the emergence of any more bad news?

It needs not be GST related. A new catalyst can come in the form of a strategic alliance/partnership with a well-known company or a new lucrative business venture, etc.

Nobody will know how things can pan out in future.

An old man can also become energetic again. All he needs is just a viagra pill to pep up. Just look at Kuantan Flour. It has gotten a catalyst(ie a viagra pill) "twice" and operator has already made it a "casino-punting" stock for punters like some of you to chase high...

History has no lack of such examples at Bursa. Again, not a buy or sell call.

Closing at 40.5 sen, ahead of a holiday long weekend. Some slight profit- taking in a quiet mkt.

You say, "Many stuck inside, hard to up liao". Can you tell us exactly at what prices they are stuck? I believe you can't.

But the stockists do have such info available for their use. They have the daily trade data, analysed by computer. So, they would know at each price, how many shares were bought and sold by "outsiders" each day.

If many are stuck at, say 50 sen and above, what makes u think that it cannot go up above 30 sen, if stockists really want to push up the counter to attract buying and do some stock clearance sales? Moreover, stockists still have a secret weapon, called "creating liquidity". Of course, they can try to do it at the most opportune times, eg when East wind blows(I borrow the Chinese saying) and before the release of any more bad news(if any).

If everybody can easily guess what the stockists will do, they will have to pack up and change trades liao.

Just sharing what I know about stockists. Not a buy or sell call, always.

It closed unchanged today amidst a general weak mkt and Mycron's 5-sen fall.

Good closing at 41.5 sen. Up 9.2%. Back above 200 days moving average.

Yes, just bought some to test the water. This counter has been heavily oversold and suppressed at low prices for a while. Now that it has broken higher, let's see...

Sure or not? Even as Mycron has rebounded so much, it is still stuck between 34 sen and 38.5 sen range....

Pls do not laugh at others. He has also made a tidy sum from his bold action to catch a falling knife, which not many dared at that critical moment.

With his feedback and that price did not drop below 80.5 sen during those few days, it helped us to ascertain operator's willingness to push higher. It is just how amazing Mycron has made a strong recovery from a steep drop.

3 points of rebuttal(on Stonebridge's posting):
1. You said, "He dont know anything, he just trying to promote this super lousy counter." If you think this is a super lousy counter, why do you still want to collect at 10 sen? By this, you imply that there is value in this counter and you think the price should rebound in due course.

2. Did I really promote this counter? Did I give out a very high target price or say something very good about the counter, which is not true? All I did was to share,in particular, my personal experience/opinion on the trading aspect of share price movements. This is all about how market works. What is wrong with that?

3. Why do I always say, "Not a buy or sell call, always". This disclaimer clause is widely used in the financial industry to state that this is just purely a personal opinion. I cannot but laugh at your comment - "what not buy call or sell call" kind of rubbish theory.

I hope I have made myself clear.

What a selfish guy! He just wants you guys to keep on selling so that he can collect at 10 sen.

As I said, I have no exposure in this counter. Sell if you like. But please go after this chap if you suffer any losses.

Haha...when you watch a sword-fighting movie, you will only "know" who are the real good guys and who are the real bad guys towards the end of the movie. Do not presume anything until proven.

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Stock: [IFCAMSC]: IFCA MSC BHD

Nov 30, 2016 02:50 PM | Report Abuse

Definitely have to changed. Because institute selling slowly... i am not cruel enough to see small flies get playing by big shark.

Let it comes down to 0.10 then we collect.

3 pertinent questions to ask aloud:
1. Ringgit has "weakened?" since the last quarterly reporting. How has this impacted on its export mkts(eg Indonesia and China)?
2. Share price has nosedived to 27.5 sen. How much of the weak company performance has already been factored into the share price?
3. Share price is also determined by mkt supply and demand conditions. If selling has already dried up, say at 23 sen at current (weak) mkt conditions, do you think stockists still have the incentive to press it lower again, before the emergence of any more bad news?

None of us has the complete answers to all of the above. Where info is not readily available, it is up to the stockists to "price" the counter to the best of their own interests.

Food for thought. Not a buy or sell call always.

Is this a Trump rally or early CNY rally on steel counters? Nobody can tell precisely, except the operator.

Usually, operator likes to strike when we least expect it. Let's see how it goes.

Who says "trapped at 95 sen"? Now, operator gives you a chance to sell at 95.5 sen, while stocks last.

In a quiet mkt, operator is king.

Today, let's take a look at Hibiscus since there is so much interest in this counter. When Hibiscus was below 30 sen, before the last quarterly result was announced and before OPEC deal to cut output, stockists had already positioned their trades to collect low. Now, when news is out, they start to push prices higher to clear their cheap trades and also to test the mkt on speculative demand. If demand is high and news is supportive, they would gladly oblige to push higher. But punters have unknowingly become their tools to chase high. They wanted to buy high and hopefully to sell higher.

For me, my style is different. I like to "chase" low. I have made 3 rounds of profit from Hibiscus and exited from it. Just stay on the sideline to watch at the moment.

To each his own. Adopt a style that best suits your risk profile. Hibiscus is just a case study for illustration purpose. The price can go higher or lower, depending on stockists' game plans and mkt sentiments. Not a buy or sell call always.

Take the recent example, buy at 25 sen and sell at 31 sen, gross profit is 24%. No need to be greedy.

Haha...

Take Hibiscus Petro for example, how many are real investors and how many are just traders?

That's why someone says now people "play" Hibiscus already.....

If you like a tree, you do not have to own the whole forest.

Yes, go and play top 20. Easier. Everybody knows how to play.

For technical traders, we trade on buy/sell signals. As to how the company will perform in the next quarter or even next year is of little concern to us.

Haha this is not meant for the ameuters.

Though I have no exposure in this counter, I am keenly monitoring it for any good trading opportunity.

My trading principle: "When other people get greedy, I become fearful. When others get fearful, I become greedy".

Haha. I do my sums and take calculated risks.

Let's look at Kuantan Flour today. It is pretty interesting. It closed at 8 sen yesterday. Now, 21.5 sen, up a whopping 168.8% on "proposed" reverse take-over news.

Who would expect this price to happen? With stockists around, price can be ramped up beyond what we can imagine possible. All it takes is just a catalyst. A catalyst can also come in the form of a positive joint venture or a new lucrative business venture, etc.

Purely for illustration purpose. Not a buy or sell call always.

Mycron is leading steel counters higher in a quiet mkt this morning.

Interesting....this place has become a fish mkt? Who knows, the next moment, the operator can make these fish mongers to chase high?!

Haha...greed and fear are always our greatest enemies...