Kobay today created a strong reversal candle pattern. Insiders are making their move.

IGBREIT's target price is 2.120, still early to get in

The market already priced in the potential of a Fed rate hike, this is how the saying "buy the rumour, sell the news" came about. If the Feds hike, nothing happens; if the Feds don't hike, its a surprise, and the market rushes to compensate.

not very inspiring analysis, more like company summary

Mi already reached its support, and now only you people talk about avoiding Mi? *facepalm*

@paktua, both CapA and AAX already hit their immediate TP/resistance today, will start to retrace soon. And the retracement will be huge this time before it continue its upward trajectory

Oppstar has nothing to do with CapA, this mf (mother f*cker?) thinks promoting his stock in i3 can help push it higher. Naive at best, foolish at worst. That stock will crash after this hype, its main revenue contributor is from KirinCore chips, yes the ones used by Huawei, and now banned from manufacturing due to US sanctions.

I've read the prospectus and think its a good company but I also think they listed at the wrong time. After today this stock will likely crash first before rising again in the very long term.

Its main revenue contributor is the KirinCore, used by Huawei, which is now banned from production due to US Sanctions and Huawei as a whole also sanctioned by various governments.

My first support is around 1.785

The market already reflected the news in the current price.

why do people believe that retail traders on i3 can dictate the market price of a stock? come on la

Timecom today explode up, but TM didn't follow?

another one of my darlings, Timecom, suddenly exploded up today but the forum over there also quiet.

market already priced in the bad quarter, and the market is looking forward to the current quarter, so buy now and wait for movement before the next quarter report.

The forum is surprisingly quiet today for Mi..

I'm assuming many here are caught at around the 0.95 price? Now 0.24, that's a -70% hit, hope you guys ok.

Came to read the comments, and left wondering why people even bother investing in such a company.

Technical wise, it looks like Pharma will move in a sideways triangle for a very long time.

Pharma's problems are, 1) RM600mil worth of Covid vaccines expiring soon, 2) their short term debt stands at almost RM1bil.

Dpharma doesn't have both those problems.

HLB's target price of 0.88 is within range of my technical target of 0.92, after that the next target is 1.055. To be confirmed by market

I think those that jumped in today don't realize that IDSS is coming online tomorrow.

IDSS - Intra Day Short Selling - tomorrow people will start to short sell guys

Oh well its past 5pm already anyways... good luck tomorrow

@Thankcarefully is right, but unfortunately people love to trade on rumour rather than facts. Anyway need to thank these people for selling low then buying back at high price.

Very good Q3, Monday shoot up

i3lurker, what's your agenda or endgame for CapA here? i rarely bother with people's opinions but your's are somewhat interesting.

As inflation grows, dollar store type businesses (MRDIY) will flourish. Its something I have witnessed in UK during 2008 financial crisis, the Poundland stores (1pound store) were packed day in day out.

Coming back to my point about immediate term effects of taking over an ice cream business, what FFB would probably be able to do is add to their consolidated accounts to show higher revenue and profits, since Inside Scoop already has a steady stream of revenue and profit. And adding to that, FFB has the raw materials to supply InScoop thus lowering the cost of business and increasing profit margin. Time will tell.

My ROI on MI is now 39%, will add more in the next retrace.

Tmr up, those that trapped at high better sell after gap up, other people who bought at bottom want to top up.

Nothing fishy la, its normal for investors and traders to take profit after such a big run. It also means you get a chance to buy or add more.

How does Creador's shareholding of MRDIY have any effect on OPR?

I really want to hear your "reasoning"

Kind of strange that they would use the proceeds of the IPO for this ice cream business and their Jom Cha franchise, rather than the planned Australian production expansion. Although it might be more profitable in the long term, but in the immediate term, consumer spending is about to take a hit as interest rates continue to hike. Seriously need to think about whether worth holding onto FFB after this.

If we compare Swift to its peers, Swift is considered very undervalued. It might take a bit of time for Swift to unlock its potential in the acquisitions made.

First target for me is RM1.145, if hit, means can go higher after retrace.

The immediate threat now though is that travelers are willing to pay a very high premium to fly, so airlines are trying to milk as much as they can from this "revenge flyers". Most of the flyers now paying for the high premium are those that are flying to see families that they missed during lockdown. It is similar to what happened after 9/11, when people were afraid of flying and airlines had to reduce certain routes, but the first flyers were those that desperately needed to visit families and were willing to pay the premium. Lets hope more people start flying again so airlines will have to open more routes and increase frequencies of flights, forcing them to lease planes from AA

Its true that AA made money from leasing aircraft, that is why they placed orders for airbus many years in advance to use up Airbus' manufacturing capacity, preventing other competitors from buying their own planes anytime in the short term thus forcing them to lease aircrafts from the likes of AA.

If today close with this long green candlestick intact, it means its going to go above the last high (2.20). Basically creating a reverse head & shoulder.

MV doesn't rely on tour bus shoppers, sometimes i wonder how some people analyze stock... smh...

Those talking about Cypark better watchout, the last wave has peaked and its saying it wants to retrace.

Its a good opportunity to buy now, it will have to cover gap sooner or later. From now at 0.625 to cover the gap at 0.925, that's at least a 50% Return on Investment. And if the shorts keep shorting they might get caught with their pants down and have to close their position at a much higher price thus helping push the price further up.

@speakup

Do you personally know the "Siew" family?

@incone

Black heart? Whose money you think you're taking when you close a profitable position? We're all playing high stakes musical chairs, looking to trap the next greater fool.

@speakup
Looking at charts for all banks, most of them are looking like they will have a correction soon. Its your money, you do some more research and decide.

BIMB's gross impaired financing (GIF), meaning the average % of customers that are unable to pay their loans, is very very high, from end of 2021 to end of 2022, that percentage jumped up to 32%, compared to other banks only with only 12%. Meaning 1/3 of their customers unable to pay their loans. So if recession come, BIMB is a gone case already. The only reason i see people continuing to support this counter is because the bank's name is related to one's religion.

The only saving grace for Mr.DIY now is to pray that a global recession hits and hits very hard that people's buying power are reduced so significantly that can only afford to shop Mr.DiY style dollar shops.

@NEWBIE
LKL also buy their beds from China, connect some Malaysian sourced parts and do some creative reporting to barely pass the Made in Malaysia criteria. So no, China doesn't need our medical beds.

They still need us and the rest of the world. Biden is just continuing Trump's Make America Great Again policies but will only harm them more than help them. America can't produce as cheaply as other parts of the world. TSMC USA is just a wayang for Biden's voters

The debate here is so much more entertaining than the stock itself.

>fortunefire

why do you say so?

> MalyNegaraKu

If its a rubbish stock then why are you here? Are you trapped at the top RM3+/-?

If anybody felt left out, you can try again when the bears try to push down the large green candle. around the middle of the green candle at 1.23 can enter and put stop loss at 1.14. With the trade volume of 30million last friday, the highest in MI's history, i'm pretty sure that is quite a solid bottom unless some economic crisis erupts