sometimes a correction presents an opportunity for buying.

No, heard nothing on the IW ipo yet.

thanks. It went up quite a lot on Friday. Hopefully can buy cheaper in the Morning as Dow Jones was down.

Tebrau is connected to the Iskandar Water Front which may be listed soon.

MRCB is another laggard. But with the management disposing all its non-profitable entities and focusing on those which they the expertise, I reckon they have a lot of upside but I prefer the warrants although at present they are commanding a high premium.

tj, construction sector still have some laggards in WCT and Mudajaya. With Kidex, I reckon Mudajaya is a good bet basing on Thursday's volume. However the not so good mood in Bursa yesterday prevented it from rising further. Can consider.

rchi, that's great. I am looking at Tebrau next week. Any opinion ?

wiseeye, there are many types of trading and I would say it's not really gambling if one trades wisely.

hello rchi, I see you in this thread very often. Make money last week?

tj, sudah makan ?

tj, thanks for sharing your trading strategy. It takes a very skilful and disciplined person to do this. You deserve to make the money. Cheers ! Going out now.

newman - unless it's major correction, it will not drop back to 1.30. I think it should be well supported at 1.36 - 1.38 level.

tj, you are right. Make 1 sen juual, if drops back by another sen or two buy back, if up again sell ! Thus one day you can make 2 or even 3 times from one counter. I know your style already, hehe !

This course offers very good career prospects. My son is in it too.

Gadang has good FA and thus can hold. But some want fast money and thus have to liquidate when it drops.

Gadang is still looking good and for those who have bought can hold on. For those who want to go in now, the reward to risk ratio is still on the plus side as despite it has risen for the past few days, there is no selling from the big boys yet.

ya, I missed out newman who's trading big time like tj but with lesser counters. That's why I understand the pressure being piled on mikekong55 as some of the smaller players may lose if they hold on longer (because of smaller volume) and do not sell out when mike shouted. good that mike is taking a break. Agree, newman ? :)

hi newman, need to take a rest today. Glad to see you making money from ktb and knm. Good for you mate. I am looking at Tebrau for next week. what do you think.

I do not have much time to look at the market but my trading is quite similar to yours but in much smaller volume. Recently made money in Halex, Scicom, Extol and Dsonic but lost on Superln, HHH and Pelikan.

Using your ruler is faster than TA. By the time they see the charts, the prices would have gone up by one or two sen and in terms of percentage could have risen by 5 to 10%. As for TA, i feel matrix cool and profitman are doing a very good job and are more realistic and conservative with their input giving details to support their views. The rest have not really reached their level, some are giving very high targets which often are not attainable. Some are giving target prices which are just one or two bits higher (so is it justified to enter?). Anyway this is what I notice.

tj, dow jones has been up for far too long and I would rather take it as a healthy correction. Our market is still solid and despite that there were more red than green yesterday, there is still play on some selective counters. And I reckon it suits your trading strategy. Buy in volume, hit and run if up by 1 to 3 sen. You are a good trader !

tj, no need to be sian. You can do a lot of things with the gains you made last week. Hehe ! Cheers !

Profitman, a very good view into how the OR works. A lot of people jumped in without any studies. You are indeed a wise trader !

Posted by SpeedyBoy > Apr 6, 2014 04:15 PM | Report Abuse X

steelheart, I tend to have the same feeling. PDZ has all along been very quiet until the beginning of the year when its volume began to increase accompanied by price, touching a peak of 16 sen in mid Feb with an astonishing volume of about 130 million shares traded. Even when the deal fell through it retraced to about 11 sen which I think is the support but the daily volume still remains high as compared to the period before its recent rise. It can be easily deduced that it is going through a consolidating, if not accumulation stage for bigger things to come.

Look at Sendai.

Posted by SpeedyBoy > Apr 6, 2014 04:15 PM | Report Abuse X

steelheart, I tend to have the same feeling. PDZ has all along been very quiet until the beginning of the year when its volume began to increase accompanied by price, touching a peak of 16 sen in mid Feb with an astonishing volume of about 130 million shares traded. Even when the deal fell through it retraced to about 11 sen which I think is the support but the daily volume still remains high as compared to the period before its recent rise. It can be easily deduced that it is going through a consolidating, if not accumulation stage for bigger things to come.

Thanks Icon8888, so the next write up will be Mulpha ?

thanks so much matrix. Hope that your sister undergo a successful surgery to start the recovery process.

Much appreciated, chinese tea.

chinesetea, I am a tea lover. Could you kindly recommend some good quality tea to me ? Thanks !

Hi matrixcool, would appreciate if you can kindly give your expert input on Sendai. Thanks !

rooney2u, note that this is not a call to buy but just to highlight for attention !

Do take a look at Sendai 1.05 / 1.06 (for contra or hold up to a week)
DISCLAIMER - not a call to buy or sell.

Do take a look at Sendai
DISCLAIMER - not a call to buy or sell.

You will see all these people jumping in again if they see Mike here.

I am surprised that even hepitrade, the founder of this thread has gone missing but I reiterate that Mike will surely come in off and off. He's a honorable man. Please do not put pressure on him. Let him have some breathing space.

bracoli, I am okay. Lunch went for bak kut ten at SS3. Dinner at home.
There's one restaurant called Krishna in Sg Way village, Good banana leaf lunch there with claypot curry mutton, curry chicken and fresh fish to be cooked on ordering.

bracoli, what did you take for dinner today ?

matrixcool, I only give credit if due. You deserve it. By the way, I know you are a MU fan. Congrats for the 4-1 victory over Sunderland last night. I do follow EPL but do not have any particular teams to support. Just enjoy watching the games.

Wiseeye, I notice that you are having both EAH and Instaco. If I am not mistaken, I remember someone told me that two have some connections. I am also keen on these 2 counters as their business models have great potential.

Hi everyone, as I mentioned I trust that Mike will come in on and off to do some postings. Do do not be too disheartened. Let us give him the well deserved break.

Tomorrow will be an exciting day for Datasonic !

Hi matrixcool, have been silently watching your thread for quite a while and have to say that you are going a great job in helping everyone with your chart readings. Also have to commend Profitman for ably taking on the task in your absence. People like you, mikekong and kcchong are unselfishly sharing your knowledge with the others.

steelheart, I tend to have the same feeling. PDZ has all along been very quiet until the beginning of the year when its volume began to increase accompanied by price, touching a peak of 16 sen in mid Feb with an astonishing volume of about 130 million shares traded. Even when the deal fell through it retraced to about 11 sen which I think is the support but the daily volume still remains high as compared to the period before its recent rise. It can be easily deduced that it is going through a consolidating, if not accumulation stage for bigger things to come.

Icon8888 - besides the various reports on his achievements (mostly not reported in the media) you can go to limguaneng.com. Of course at the end of the day, you have to from your own opinion.

bracoli, Don't worry, knowing Mike, I trust he will drop in on and off. Somehow I do not fancy wat tan hor so much.

Agree with gerry. Well done, hepitrade.

bracoli, did you enjoy your hokkien mee last night. Pintaras is good for middle to long term, consistent growth and dividends payout, well managed etc. You can see more details given by KC Chong whom I regard as the best FA practitioner in i3.

If I am not mistaken, Mike is not leaving this thread but will pop in occasionally as he has to pay more attention to his job. Nevertheless his contribution in recommending so many profitable counters will always be remembered and appreciated. Let us wish him well in his endeavors.

bracoli, ah wha in PJ Section 14 is good for Hokkien Mee. Enjoy your dinner.

bracoli, Siu Siu has another outlet in Sg Besi. The crabs there not bad but a bit pricey.