Betol betol :)). Unlike in late Nov 2014 sellout. It has death cross.

Currently we are way above golden and silver cross. Short term,medium and long term bullish.

http://investors.morningstar.com/ownership/shareholders-major.html?t=5216&region=mys&culture=en-US&ownerCountry=USA

Nobody selling.

Must maintain our composure at all time.

How many time when he buy price will drop?

Dsonic alive and kicking.

It volatile, but I like it. Never bore me!

Few hundred million shares change hand since rally over good period of time. They can't be wrong ...not all of it. If it fake....within a days people will know. Director will throw first.

Kalau tak ada angin tak akan pokok bergoyang :)). Corporate exercise, info, etc are not like CIA secret files/confidential info...hard to find out. There are many insider in various level.

Let me tell you...push from 1.30 level are trigger from PMO people. So from 1.30 to 1.40 only sekupang.! And 1.40 is support level. The contract worth more then that.

Anyway I like CBB throw a support and give us direction at every level. Just think how much you will gains if you follow him.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4886477

No reason whatsover..just short seller...perfect timing...due slowdown in momentum....beautiful opp. to add.

Theare 2 type of short seller 1) Daily cover 2) Have 4days to cover.

CBB won't allowed it to happen.

Spanish. I never give comments there. But I do follow their forum for months...it is for Dsonic. :)) spy rival.

Don't worry. It will recover well before Friday....ok penat lah want to sleep :))

Beautiful opportunity to add.

Ranjits go tell Iris forumer. See what they will say to you, esp. Flytothemoon.

Short seller. Tmr ask your remiser. 1M share to short i.e between 8-9M volume to hit 10sen.

Another 30 min. I think will recover. See how fast they are doing....selling in few levels at one go.

Don't be stupid ...look at iris price movement.

Today definely they short...you can see from they way they sell.
You don't sell to them today....they will scramble back to opening price.


Optimushuat...today not announcement date.

Ant they will be another leg and the announcement getting closer imho i don't think will drop a lot...insider will take it. 1.60 small resistance as mention earlier.

Yesterday about half a million short sell. They have to buy back later.

Stock taking a break just for a day or two. Won't stay idle for more than 2days.

The gap with big volume meaning; the insider know something and consider the current price still acceptable for them to just grab it.

Contract is good. The opening gap is good...very bullish. I predict 1.60 before 1st half. And will fly higher.

1.60 not a problem, cause the build up are not there yet.

Sate. I think rally continue for sometime. The build up still not enough.

CASanji. Just compare the price movement between Dsonic and Iris. Need to say more?

Will it make any difference if you bought Iris, Airasia, Ifmcsa and hundred more stock? Iris from 63 sen to 19sen. Dsonic will still the best, will be back to RM2 in no time.

Slater nobody bother about you here and nobody respond.

I never reply to you because I feel you need some knowledge about investing first..i.e. what are you doing/buying first. If you can't handle 50% retracement...don't invest. If you can't set a side a sum of money for period of time...at least 24mth...in my opinion don't invest. Investment is for adult and not for a boy.

You can be swing trader or punter whatever...that I can't help it.
Then you need to adjust your strategy etc. Not all here has a same objective, strategy etc....your risk level and mine are different.

I never wrong about the company, the business and the potential. But stock market are dynamic and there are many other factors to consider beside the performance. So you have to adapt and make changes...realistic about your result, strategy, stop loss etc...it is your money.

It was unfortunate the stock had double whammy last year;
1) Irresponsible journalist
2) Oil....nobody expect it can drop by 60% in the space of 3mths. Therefore the Fuel Subd program are no longer viable. Even after 20 over co's submitted their proposal.

In other words...pandai pandai sendiri lah kalau mahu hidup...nobody going to take your hand and guide you step by steps like ...walk in the park. Nothing is absolute in stock market.

4th July...people always associate with firework celebration....people in this forum take it literally as actual date...fall on friday. When I said people will start talk again about Fuel Subd when RON95 hit back to rm2.30 ...you critic....rm2.30 is a level when govt withdraw the subsidy.

P.s. Made me even more determined .....to give the best of education to my children.

Between here and 1.60 there are not much resistance. If momentum maintain, we will be there soon. God willing.

Going to be long rally...it is not technical rebound of sort...few days or a week.... It bullish pattern movement. It has silver and golden cross signal after solid consolidation and steady build up activities.

Not too worry with daily movement. Every stages there are a profit taking activities but market can absorbed it...i.e. those who know the potential will hold to their holding.

Those who are thinking to buy back at 1.05, 1.10 has made mistake by selling it too early....thinking the pattern will be as same as in last few rounds but that was in consolidation stage,(supported by many bottom) they fail to understand we already breakout from that stage...its upward momentum.

P.s. hanging man candlestick...cannot pakai....it actually random...when it said 60% continuation of trend...it actually poor signal...everyday also 50:50 right? So what is another 10% ? imho.

Futures are green.

New support level is 1.40.

Technical reading by Cimb Sec. My reading 1.80 and might break 1.80 depending on contract award. There are 3 contracts.

Just based on chart; Cimb project at least 1.77

Usually will go higher upon breakout with good volume. Like today.

When the shadows become shorter, we will have an upside breakout.

On count it's half way through.

:)))

Orang punya duit lu sibuk kira....lu kira duit lu sendiri sudah lah.

Somebody from middle east la!.....very kind to him la! and donate hundred of million to him la!.....sound familiar? Malaysia boleh la!

Now he has few hundred million in his war chest! Kikiki.
Don't play play with him la! Especially if you try to short this time! Lu mati!

Don't think short seller dare to touch. Past 2days they got burn kaw kaw! :)) mati katak!

You can see today short seller, will appear tmr from your stock broking systems.

Then we can fly high !

Broke previous high. Will fly high.

Golden cross, silver cross won't let you down. It short n long term bullish.

https://www.malaysiawarrants.com.my/home

Think they going to sell for a while.

US Federal Reserve, regarding their interest rate. Not federal govt.

Maybe tmr market down; profit taking from today surge (overreact)

Fed announcement this thur.
Holiday and red shirt this wed are not helping.

Holiday in middle of the week and before major Fed announcement
People exit market or sideline.

Even in bear market, a good co. will still do well.

Just look at Myeg for the past 1yr....oil crisis, currency, etc.

Most reliable and most powerful signal. A long term bullish trend.
You seldom get this sign ; for Dsonic perhaps 3yrs ago.

http://www.cnbc.com/2015/09/04/banks-fighting-back-against-card-fraud.html


Greenspan also said he's "baffled" that a 25 basis point hike by the Fed would have a major impact on economic conditions around the world.

Analyst job is easy; .....due to....we change our....stance,TP,valuation, forecast etc.

Our job susah. :))

Today trade is good. Not volatile, tight trading, not much volume but strong.

Maybe stronger than July rally. July rally probabably due to small triple bottom, but that time July still bearish.

Now after 9mth consolidation (solid support) the stock might have strong momentum especially when 50day cross 200day. Might have staircase pattern.

Beats me !

I know a bit about propasal. The passport just a small section of larger project. This stock still can go at least another 500%. 1.35B shares issued are small, it still has more rooms to go.

Don't worry about that.

If you long in this stock. Golden cross are powerful buying signal, normally the trend can last very long....months or years. We are at the beginning of the lines. Of course it won't climb in straight line, but it won't drop easily at least for next couple of mths.

Imho.

It also triangle. Will breakout and fly high. God willing.
Avoid Myeg....bearish.

Beginning of bullish momentum.

Futures up, If Dsonic up today or tmr, we might get positive Macd signal and bullish signal from golden cross. It might do today......exceptional low volume today. Nobody selling.

That comparison are not accurate when co change their financial year.

Dsonic already give their earning preview for this quarter a mth ago. RM8-10M. The earning aren't going anyway because the contract are for 5M card a year. Quater to quarter report are not so important in this case.

If you buying because of earning then you are indeed a slowcoach and don't blame people. You will be a better trader/investor if you start by blaming yourself instead of other people.

We are buying because of potential new contract that will change the financial landscape of the company by hundreds %. They even give the estimated time frame; 3rd Q. This is the easiest stock!

For slowcoach;

http://fortune.com/2015/04/01/chinas-uneducated-traders-drive-recent-stock-rally/

Insider Movements


Notable movements

Closing at 44 sen on Aug 5, loss-making Kumpulan Powernet Bhd (fundamental: 0.95; valuation: 0.90) has slipped 26.7% in just over two months from its recent high of 60 sen on May 27. However, it is still up 76% from the 25 sen it ended at in 2014.

Chew Lee Hwa ceased to be a substantial shareholder of the warp-knitted fabric manufacturer after disposing of 433,400 shares or 0.77% equity interest on Aug 5 at undisclosed prices. Chew had a 5.11% stake as at May 7 this year, according to the company’s annual report for 2014.

At the time, Powernet’s largest shareholder was Datuk Ahmad Sebi Bakar with 25.31% equity interest, held through Bright Existence Sdn Bhd, followed by Woo Wai Mun with a 20% stake and Cheng Kok Ding @ Tank Kok Ding with 12.77%. Woo had a 25.27% stake as at Aug 10 while Ahmad Sebi ceased to be a substantial shareholder on July 9 after Bright Existence sold 2.7 million shares at 50 sen apiece.

Compared with its recent high of RM1.34 on July 23, when the company was issued an unusual market activity (UMA) query, shares of Datasonic Group Bhd (fundamental: 2.20; valuation: 0.90) have slipped 20.1% to close at RM1.07 last Wednesday. That’s 12.2% lower year to date.

The company’s second largest shareholder, Chew Ben Ben, had from June 3 to Aug 12 acquired just over 10 million shares or a 0.74% stake in the smart card maker from the market, raising his holding to 23.88%. Of these, 7.6 million shares were bought between Aug 6 and 12, with four million shares purchased on Aug 10 at RM1.153 apiece, filings show. Datasonic’s largest shareholder — Datuk Abu Hanifah Noordin, who has a 37.35% stake — sold 75,000 shares at RM1.132 apiece on July 22.

Foreign shareholding:

http://investors.morningstar.com/ownership/shareholders-major.html?t=5216&region=mys&culture=en-US&ownerCountry=USA

They did not sell their share recently.Some already sold their share in March this year but mostly came back to buy on June. Anyway foreign participation are not big.

30 Largest Shareholder

http://www.insage.com.my/ir/cmn/t01/tsh_t01.aspx?Symbol=5216

Hold tight to their shares. More than 1.1 Billion shares (with latest purchase by directors). That not include shareholding between 1-5 M shares which are not listed here.

With 1.35 Billion shares issued. I think only 10-15% are float currently. With such small % float and beautiful chart pattern ( about to develop "golden cross" in 2-3 weeks (estimate). Hope we get thru this difficult period.

Since most of us waiting for god intervention...do pray and stop cursing.

#Don't Gibab#Kipidap.

Wall street future green today?

UOBKH Retail Market Monitor 21 August 2015

FBMKLCI 1,577.41 (-5.03pts,-0.30%)

MSCI Asia Pacific Index (-1.50%)
Asian stocks fell for a fifth day amid heightened concerns over
slowing Chinese economic growth and as investors weighed minutes from
the Federal Reserve.

Top Gainers: Westports Holdings (+2.0%), Malayan Banking (+1.7%) and
KLCC Property & REITS (+1.4%)
Top Losers: Sime Darby (-3.1%), AMMB Holdings (-2.8%) and UWM Holdings (-2.2%)

FBMKLCI
Support: 1,570, 1,554
Resistance: 1,600, 1,630

US markets slumped as investors unloaded shares in the
consumer-discretionary, technology, energy and media space.

S&P500 2,035.73 (-2.10%)
DJIA 16,990.69 (-2.10%)

*The day’s data included a rise in weekly jobless claims that
nonetheless signal the labour market remains healthy,
better-than-expected existing-home sales, strong manufacturing data
from the Philadelphia Fed and a drop in the index of leading economic
indicators.

Stocks to watch:
1) G

2) DATASONIC GROUP; Technical BUY with +27.5% potential return
*Last RM1.20 Target: RM1.39, RM1.53 Stop: RM0.995
*Timeframe: 2 weeks to 2 months

3) T