Market is in window dressing. Watch the stocks involved. It will be EPS (Growth and Sustainence) in coming results. Forex is taken as a constant in the equation since the same forex is applied in last 2 quarter and therefore the result will be EPS.

15% up beautiful

Looking very attractive.

Welcome. I believe the market always want recovery. It will try to recover at every instant as long as it does not crash. i would like to see strengthening at 1655 to complete the cycle of consolidating and moving

stay above 1637 and stable will be good for PH. 1655 will see strengthening

Ok Hakchai. Will check a little later

See when KLCI touch above and stable above 1637.

Thank you Pakcik Saham. I may cover one on bullish market sentiment which will include those areas you mentioned.

China now does not have a circuit breaker anymore. Previous 7% circuit breaker removed.

The fall of Crude Oil price due to over supply is man made and not natural disaster. This means it can be overturned easily depending on the game. This is similar to war games. In war games the friendly party provoke each other by taking intimidating stance. it is not actual war but it provokes insecurity in the opposition. In the game of Crude Oil is similar. So the question to ask is when can this end?
This game is hurting OPEC and NON OPEC participants but i believe it will take its toll on both however the OPEC conglomerate more. It will not last!
The nature of the game we do not know but it is definitely forcing all in the O&G to produce more. The reason they have to produce more is because their income is slash by almost a quarter to date from peak and one third if you consider Oil value stability at USD90/barrel. This means they have to work 3-4times as hard to produce equivalent volume to cover their earlier top line.

They reduce the SRR not increase. It will see liquidity. Their number is 40B

Testing 27.5 good swing

From CIMB

Eastern & Oriental - Executes supplemental CA for STP2
E&O announced on Bursa Malaysia that its subsidiary Tg.Pinang Development (TPD) has signed a supplementary concession agreement (CA) with the Penang Government. This relates to E&O’s concession rights to reclaim 980 acres of land within Seri Tg.Pinang (STP), for which Phase 2 is approximately 760 acres. Based on our estimated selling price of RM400psf, the profit from potential land sales at STP2 may be lucrative because of its low-breakeven cost. We maintain our BUY recommendation on Eastern & Oriental (E&O) with an unchanged fair value of RM2.76/share (50% discount to FD NAV).

In my opinion lcth made some very technical positive chart movement up to last Monday 18 Jan. A combo of market and correction took precedence. A collection may ensued

1.32 is good price to benchmark. If fall below 1.32 today, it will be collection day

The last 2 days, most counter charts reflected the taper followed by the down turn. There is the individual chart and there are the majority which reflects the same behaviour. Many are taking the safe passage and we can see many are traders in this economical light. No right or wrong here.
It is predicting the outcome of this which will be straineous. So today I will keep it very short and lite. Buy when down and don't buy in large quantity yet.

hope can keep up after fizzle of divi

Next up swing may produce breakout. For now momentum taken away. Monitor volume and buyrate

Candle in red. If pull up to 77.5 or above may see better light

Fair volume. Hope to see volume pick up

Stronger support

My opinion on below Jan1 still stand. Cut loss if drop below 91.5 this week on prolong pressure.

Stock: [MIECO]: MIECO CHIPBOARD BHD
Jan 1, 2016 06:31 PM | Report Abuse

Nobody can tell from the the chart. But on the logical side the results being in Feb my suspicion is collection if happen will start end of Jan or early Feb. So chances are it will drop fr now till then


Stock: [MIECO]: MIECO CHIPBOARD BHD
Jan 1, 2016 06:10 PM | Report Abuse

Mieco at the edge. 1.05 and 1.03 are very near support. This will mean dropping below the 2 support may be devastating plunge to 99. Very key to stay above. We are sure of one thing, the already hv forex gain in the export exchange

Bottom support are much closer and may present reinforment..

The market has reprise the role and trend of Pohuat. I am collecting at each support. Next at 91.5

Interesting

Congrats all

Exceeded my expectation for a straight climb north. Kudos. Precaution needs to be exercise now

happy with the outcome and won't state the obvious

For those taking my opinion above, wait for the signal of reversal of Monday to be sure.

Many may take position starting next week as mentioned earlier barring any internal political calamity it should have steady outcome.

Pls use my opinion as a guideline, any changes differing from my expectation, has to be met with a change in strategy for traders however for investors will brace for the EPS performance expected for the coming results.

When I mentioned this was on the 10th of Jan and the deep drop happened on the 15th Jan Friday however preceding this it stayed between 1.03 to 1.06/1.07 which change the leverage of the uptrend channel higher actually. In my opinion leverage is at RM1 now as oppose to 0.985-0.995
If coming Monday it stays above RM1 it will be good sign. Other areas of consideration before buying is also CNY and Financial report. If it move north it will only be within this two weeks to be be safe and buffer Feb1st to 5th for tapering volume due to CNY. I am expecting things to pick up plus minus a week after CNY in positioning for financial results.

Gentlemen sorry to inform that there is a possibility of falling below RM1. The switch period proceeded too long. I will be locking below RM1. I hope I am wrong.

Mieco pohuat gd buy. Money is within the sector

With Hevea still on decline, start looking at possible beneficiaries when investor bail out

Rising tiger from brim of calamity? Wish them well in semicon business

Superb....let's hope Welcall also shoot

Really Well called

Will look to collect Mieco tomorrow if Hevea continues to drop

If tomorrow hevea drop further many will bail out and op for buy in other export theme esp those stagnant or going thru correctionz

Today mother took a beating. Son was steady

Good move

Will look to pick up some son tomorrow. Chart wise looks good just need one more volume surge

Nobody can tell from the the chart. But on the logical side the results being in Feb my suspicion is collection if happen will start end of Jan or early Feb. So chances are it will drop fr now till then

Mieco at the edge. 1.05 and 1.03 are very near support. This will mean dropping below the 2 support may be devastating plunge to 99. Very key to stay above. We are sure of one thing, the already hv forex gain in the export exchange