Dunknow, Jobst has an immediate support at 0.445 and an immediate resistance at 0.48. If 0.445 fails to hold, it would test its support level at 0.395. It could be trading sideways in the short term. Please bear in mind that Jobst is still looking for a core new business. Do set your stop loss if you are thinking of accumulating it.

Good Morning All. We wish everyone a "huat" day again at the market!

Connie, thanks so much. I know i can count on you.

Duit, khabar baik. Thanks. Yeah... lots of fresh air. I still follow your comments mate. Always enjoy reading them ....hahaha...

oregami, thanks, am good. Hope you make lots of money in the stock market this year.

Connie, yeah, totally refreshed. Still trying to get back into the stock market trading rhythm ....hahaha....

Connie, well said. Hope you had a great CNY and have profited during CNY too.

Good Morning all. Just came back from my travels and I hope everyone is profiting from the market.

inwest88, really great to hear from you and very nice of you to pop by. We too wish you good health and great wealth in this new year. And, yes, a harmonious year is also very important, well said.

Dear all, on behalf of TCB, thank you for all your good wishes. We similarly wish all of you a very fruitful Goat year ahead blessed with great health, filled with abundant wealth and topped up with a very profitable year in the stock market.

To those not celebrating CNY, happy holidays & have a safe journey to your destination. We too, wish you a very profitable year in the stock market.

Connie & All, I wish everyone a Happy New Goat Year and may the new year fills everyone with happiness, excellent health with unlimited wealth especially from the stock market.

Dunknow, tsy88 and all - Good Morning. We wish everyone a happy and prosperous Goat year ahead and may the new year fills you with happiness, excellent health and with abundant wealth especially from the stock market. Cheers! Happy Holidays and do travel safe to wherever is your destination.

Duit, Thanks for that especially for the thought. Thanks bro. I wish you great prosperity too and most importantly, excellent health and may you churn money from the stock market all year round. ....hahaha.... Kong Xi Fa Cai!

divine,

Instaco:
It is still trading in its downtrend channel. Currently it is trading off its 2 years'low of about 0.11 and is presently locked in a rectangle trading with a support at 0.15 and a resistance at 0.175. There was an increase in volume of late but unless 0.175 is taken out with volume and convincingly, it will likely continue to trade within its rectangle.

oregami, thank you for helping out. Appreciate it.

RI77, suggest you consult your broker on the conversion process. The brokers usually do it for you and I believe there are some brokerage charges on the conversion too. Your bonus entitlement will depend on the bonus ex-date. Do check with your broker too to determine how long it takes for the conversion. If you have converted and registered all before the ex-date, then, yes, you should be entitled to it.

Dear All, Good morning. We wish you a profitable day ahead.

Connie & all, Good morning!

Dunknow, Tsy88 & All, Good morning.

Connie, ....hahaha....you too. Great to see you here.

Dunknow, i am trading this stk. Hope everyone profits from this stock.

kellysgk, ...hahaha...your reaction is normal especially for a newbie. I was in your shoes many moons ago, so its normal reaction. If you intend to trade it again, do take note of the support and resistance levels that i mentioned. We try to buy near support. If this stock trends back up to around 0.70 and beyond, it will be very bullish. It will be breaking out from a double bottom which is bullish. But you will also need to set a stop loss price, probably around 0.57 in case the stock price does not move up as we anticipate. We should maximize gain and minimize loss.
28/01/2015 20:48

esl_22, you are most welcome.

oregami, it needs to stay above 0.60 to sustain an upward push. It appears well supported at around 0.60 so far and with good volume too. It seems to have bottomed out at 0.535/0.54. It is on a technical rebound at the moment and based on the trading pattern today, it looks good to trend higher. Immediate support is at 0.58/0.585 and resistance is at 0.665/0.67. But as always, do set your stop loss.

kellysgk, your comments drew my attention. In share trading, you need to control emotions as much as possible although it is not an easy thing to do. But I would suggest that you get information on the company before you enter a trade. This would give you more confidence and it would be good if you look at the stock's price movement and pick up some basic stuff on chart reading. This would also help you build confidence. That is why some of the guys here are confident to hold even at low prices as they have background information to the stock and have done their research. Hope this helps you in your trading.

countfind,

KFM:
It is consolidating after it trended higher on 22/1 with volume. It needs to clear the strong resistance at 0.545 in order to push on. Good support is expected at 0.45. You may need to monitor to see if its attempt to trend higher is sustainable. I am afraid we do not advise on trading decisions but we hope this information helps.

sunflower22,

Ijacobs:
It is attempting to break out of its downtrend line but to no avail as there are insufficient volume to support a genuine reversal. It faces an immediate resistance at 0.33 and is likely to consolidate sideways. Any attempt to trend higher on low volume is likely to be shortlived. Support is located at 0.36 and for short term traders, you may want to consider a stop loss if this support is broken down.

tsy88, Dunknow and All, Good Morning,

tsy88 - yeah, trying not to delay the response to another day. ...hahaha... you were up too. Take care.

sunflower22,I quote Matrix excellent analysis below here on Censof:

"CENSOF (3891)—It broke above its Falling Resistance Line last Friday with increased volume which is very bullish. As long as it can stay above $0.47 it is expected to test $0.525/$0.56 and very strong resistance at $0.60/$0.625.Collect on any weakness for future play."

Dunknow. thank you for helping out. Appreciate it.Thanks.

Good morning All. I echo Dunknow's wish, everybody huat huat huat before CNY!

cherry tomato,

Armada:
The downtrend looks to be over after it bottomed out at 0.98/0.99. It is now consolidating sideways attempting to break through the tough 1.24 resistance. If it is able to break through this immediate resistance and fill the more crucial gap resistance of 1.21/1.28 with volume, then it will lend more weight to its price reversal. This will set it on its way to test the psychological resistance of 1.30 with an eye on the next resistance at 1.36. It should enjoy strong support at 1.18. There is an increasing momentum on the stock. You may want to consider a stop loss should 1.15 be violated.

cherry tomato, congratulations on your 1st round gains. Good trade. Always take money off the table if you are happy with the gains. Well done.

Skyhawk, hope you recover well from your food poisoning. Take care.

Angelic Connie & All, Good Morning!

Dear All, Good Morning & hv a good day in the market.

cherry tomato: Benalec:

It broke out from its down trend line on 19/1 with volume but will require a few trading sessions to ascertain its sustainability. It faces an immediate resistance at 0.72 and an immediate support at 0.68. The break out will be valid if it can stay above 0.68 to trend higher with volume. You may want to consider a stop loss should 0.645 be broken down.

Dear All, Good morning and have a profitable day ahead.

Connie & all, Good morning

Yuchen: WYK

The inverted hammer of 16/12 signaled a potential bullish reversal. It is still on track with the reversal but need to overcome the strong resistance at 1.22/1.23 It currently has support at 1.15. A break out of 1.25/1.26 with volume will confirm the validity of the reversal. For the medium term, the bullish reversal looks promising but the low weekly volume raises doubts on its sustainability. Do monitor for further confirmation.

Yuchen: SHL

Seems to have found a bottom at 2.80 and enjoys good support at this support level. It is currently consolidating after attempting to unsuccessfully penetrate its immediate resistance of 3.07. A break above 3.14 with volume would signal a potential break out from its double bottom. You may want to consider a stop loss should it break down from 2.80.

Duit, ....hahaha... I will be happy to do that if it helps in cooling her down. Cheers!

Connie, Good Morning! Cool down my dear ...hahaha... Re-dedicate this song to you:

http://youtu.be/pl9dc5FhFYU

Enjoy your weekend

Dunknow, no, it does not necessarily mean that an economic crisis will follow a bear market although both can be intertwined. An economic crisis is usually triggered by some fundamental changes in the economic climate that shocks the economic system. It can range from a crash in the commodity prices to the recent oil price drop. The crisis can trigger the bear market.

Connie, juz dropped by to wish you good evening. Well, Good Evening!

madhas, we can't tell you if its worth buying Abric. You will need to assess that. After the ex-date of the dividend, there will be an adjustment in its price. So,do factor this consideration in if you decide to buy Abric for the dividend.

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Posted by madhas > Jan 13, 2015 08:58 PM

Dear TCB
Can i buy Abric n enjoy the 30% dividen
n what happen to share price after that.

pathew, I think there is more certainty in the klci at the moment although any external shocks can depress it further. I don't think EPF will run out of money to support the index linked stocks as its a huge fund to begin with. Hypothetically, if it does runs out of money due to whatever reasons, there are also other institutional funds that will come into play. Moreover, the market will adjust itself over the course of time and will re-establish a new equilibrium in the market.

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Posted by pathew > Jan 13, 2015 02:28 PM

do you all think the current levels of klci is sustainable? what if EPF runs out of funds to support the index linked counters and those GLCs? what will happen to the market?

Good Morning to All. Hope you people have a good profitable day ahead.

Good Morning to all. Very happy you good people profited from Evergreen. As always, please trade with discipline and if you feel comfortable with your profits, consider taking it off the table. Have a profitable day ahead!

And if you make a lot of money from the stock market, do consider donating some to the under privileged people ...hahaha...

Connie & all - Good morning.