Good @1.29-1.28, lionind 1.5 year uptrend support line is here. Hope it can hold. Just wonder where is dropping of Chinese steel price news came from. The info I google is totally different. Chinese steel price is going to challenge all time height 4772 in near term. Although Chinese steel price is different from Malaysia, any price increase in Chinese steel price will guarantee Malaysia company current profit. Last few days Chinese steel price spike up around RMB500!https://tradingeconomics.com/commodity/steel

Wah suddenly this forum become hot today. Still blur blur. 1.36 didn't hold.....Wait for 1.29 tomorrow. If break the support again, have to use margin at 1.20....

Very strong resistance at 9.86. Profit take 30% C31 @0.15, balance 70% wait till Wednesday

Bought 1.36. balance 1.29, but unlikely

T+10 today, Judgement day. Can 9.86 be taken away? Million dollar question

i3 above financial highlight states QR to be released on 24-Jan-2018, accurate?

Paiseh, beginner mistake, TNB MACD is above signal, only %D is below smoothed %D (.........C39 trending lower next week before results release (TNB MACD below signal). TNB results on 19th or 26th?)

Save @linges, wait, TNB QR1 is Jan 2018, price may dip before QR, purely speculative. (However QR1 2017: price dip after QR as results below expectation, 2016 QR1: Price up after QR as better results) We should discuss TNB speculation in TNB Chat room

Strategy for C34 now should be buying on dip waiting for market to taking away 52 weeks Hi @9.86. Huge jump may be noticed after breaking up before profit taking come in (like TNB performance on 8-9 of January)

Hi, Linges, If I manage to sell half of C31 and C34 next week, swap & slowly accumulate TNB (C39) should be better choice as C39 trending lower next week before results release (TNB MACD below signal). TNB results on 19th or 26th?

Technically TNB temporary rest. time to slowly accumulate TNB at 15.68/15.70 before results released. When is results released?

@Alfred9999, Azman123 cool... cool down please. Agreed with AIfred Lionind technical suddenly turn unfavourable yesterday as rebound of MACD not seen yesterday. hopefully 1.36 can hold it, Operator may make everyone especially speculator like me frustrated, everyone cut loss then only goreng as fundamentally lionind next quarter Q2 may be better as parkson may stop making loss. Due to CNY effect, Parkson may make smaill profit in Q3 (IB may then come into promote), ie added bonus. Steel price currently is good, should be reflected in Lionind Q3. People fear, we become greedy as we look at 6 month future profit

Just sharing. This time readjust premium % as Maybank is slow and steady. Based on calculation, if 0.5% premium, 10, C31=(1.005X10-9.50)/3=0.165; 10.20, C31=(1.005X10.2-9.50)/3=0.23;
if 0.5% premium, 10, C34=(1.005X10-9.25)/2.5=0.305; 10.20, C34=(1.005X10.2-9.25)/2.5=0.385.
Market most of time is unpredictable, above is merely references.

T+9 Maybank still digesting sellers at 9.85 (52 weeks all time peak at 9.86). No news related to Maybank yet.
http://klse.i3investor.com/blogs/kianweiaritcles/144119.jsp
http://klse.i3investor.com/blogs/hleresearch/143988.jsp (Maybank & RHB)
So far non of the banks as far as I know take away 52 weeks Hi yet. As Maybank has consolidated for 9 days at this resistance, it could be first to break it and speculatively first target to reach is RM10-10.20 after breaking the resiatance. Time to sell half and buy 2nd liner banks then. Any good 2nd liner banks?

Funds is collecting between 5.05-5.20 these few days

Can 9.85 taken away today and 9.86 coming Monday?

nothing happen on T+8.......sma10 KLCI 1807 going to be tested tomorrow?

Hopefully a hammer can be form. Remember buy more at 1.36

@tradewinds. gap up tomorrow but not today, miss speculation by 1 day

Lion technically perfect for rebound if market up leaded by tenaga in the morning and Maybank in the afternoon tomorrow to test 1850

Force selling time over, Looks unlikely 1.36. wait for last 10 minites disposal

wah. 1.41 d. wait for us. haven't accumulate enough

Yes . speculatively only ya, wait for force selling 3.30pm hope it can reach 1.36, will be very attractive to buy

Technically Maybank previously price up on T+8 (T=14 Dec), today is another T+7, (T=29 Dec), would Maybank lifted tomorrow? Million dollar Question, seek tonight news for clue

Lion share price unique pattern seems that price must sink before major shooting up. the pattern can be seen 25/8-14/9, 4/12-3/1. If drop to 1.36, be prepared to accumulate more ya

Suggest buy 2nd liner like Gamuda WE , MRCB from proceed earn

@Linges, suggest to sell partially when KLCI over 1850 before crossing 1867. KLCI may need to be tested twice before crossing it. Chance to buy back after sold

@Novice77 why say dividend rush? Usually dividend in April, may be early this year but so far no announcement yet. Profit taking expected but should be short. Technically Maybank due to break major resistance @8.86 so hold or buy on weakness. KLCI target 1850 this week and should be reachable

Market profit taking start kicks in......

1830 reached but cn't break 8.82. what a slow and steady maybank

Yesterday Maybank 9.80 sellers seems taken out. Today Icapital only revises KLCI immediate term outlook in a range of 1660-1850, from 1660-1780.

Technically TNB MACD just cross signal today, good. While waiting for a short consolidation after index to test 1830, I believe TNB will lead others to cross 1830 in near future, banks may need to rest next week.

https://www.thestar.com.my/business/business-news/2018/01/05/hlb-and-maybank-are-affin-hwang-top-banking-picks/

Agreed. Tenaga is comparatively easier to push up as it consolidate for many days. However, things always happen reversely in last minutes.....

May be it is Tenaga not Maybank push the index to test 1830....

Technically short term final push can reach 9.91-10 before consolidation. Hope I am right, speculatively.

Bullish sentiments. Goreng time this afternoon. However, prepare to sell if index reach 1830. What do you thing?

Today market too hot, a bit caution

Minor correction at 1825-1830 ahead. Be prepared to take profit

Oh. Old news but it is good news, 45 million pocket 1/1/2018. That means time to goreng. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5653557. Hold tight for 2 days!

Fly tomorrow.Today all Steel counters may show buy signal-Bollinger breakout, additionally Lionind and ssteel bullish MACD crossover, am I right?

If no bonus issue, then i-share issue 20% can be similar like bonus 1: 4 or 1: 5 as a catalyst, Share price may push to 10.50 then.

(Catalysts for Maybank 2018 price advance (1) Interest rate increase in 1st haif
http://www.sinchew.com.my/node/1713360
(2) Potential bonus issue. Bonus issued in 2001 & 2008, Since then, no bonus issued yet, MBB is due to issue bonus, but when?
http://www.sinchew.com.my/node/1714433
any more? PNB restructuring?)

Lately whenever Maybank down, Tenaga will come to rescue and push up the index. volatile

Thanks @stock_hunt, @Amit Khindriya

Catalysts for Maybank 2018 price advance (1) Interest rate increase in 1st haif
http://www.sinchew.com.my/node/1713360
(2) Potential bonus issue. Bonus issued in 2001 & 2008, Since then, no bonus issued yet, MBB is due to issue bonus, but when?
http://www.sinchew.com.my/node/1714433

any more? PNB restructuring?

@stock_hunt, are you referring weekly chart macd golden cross to KLCI lndex or Maybank? how to get free weekly chart with indicators?

28th TNB price action to close at 15.42 was unexpected as it closed above sma 20 @15.35. 29th drop to close @15.26, below 15.35 may indicate consolidation phase is not over yet, it may retest support of sma50 @ 15.02. Coincidentally 28th white bar already close the gap down due to 44sen dividend on 19th of Dec, looks like all planed by big hand. Maybank up while TNB down, vice versa. Continue to watch the show.

Wah, 9.80 by big hand. Price up down left right like nobody. Total buy sell @9.80=5512KX9.80=54millions, can not say it is fake........may go through roller coaster next week.

@Linges, haha, we wait for you, red red in the morning then only move up after 11am......

@Warn3r, Thanks