Hmm.. I did asked a professional query to an accountant from Kpmg who is doing some tasks at my company. She said.. according to her experience.. when an audited account is delayed.. usually it will be bad. Just sharing only..

I think in there will be another selldown in the 2nd session today and maybe the final before the long holidays. Next week there maybe a technical rebound. Just my guts feeling. Fundamental rebound may not happen yet till the audited reports materialise.. but depends on the actual results. Monitor and trade with care. Gudluck everyone.

Any chances to cause panic are "fruits" for the market makers.. ;)

Mostly due to panic sell coz by the delay in the audited accounts submission, the steel industry as a whole and the weak market sentiments. But I think the huge selldown maybe softened based on the ending today. Gudluck everyone.

Will the audited report be so bad compared to the unaudited one.. thats why the delay? Hmm.. if true.. then its not good and unfair to the general public whereby the insiders have the upper hands. Bursa.. pls do your job.. and dont tell us that our bourse also corrupted!!!

Wow.. Masteel has dropped more than 30% since hovering near 0.90 and above for the past 1 year and yesterday's volume was the highest ever (18x the avg) and yet wondering why no UMA was issued? To be fair, the public should be informed of any material news.. and Bursa is responsible to ensure this being done.. which is lacking at the moment. Condolence to many people who have been trapped and mainly clueless of what has happened. Gudluck.

Contact lens business is not easy bcoz for the eyes, people usually go for established names like Acuvue, Bausch & Lomb, Biomedics, Freshlook etc..

Thats what I was wondering too.. ??

Looks like high probability Masteel may rebound tomorrow based on the late buying rate @0.670 near closing and the almost 20% drop was too drastic for a day. Gudluck everyone.

Was it also bcoz of this:

"Masteel is delaying the filing of its annual accounts as well as the auditors and directors’ report for FY14. The annual accounts would be delayed beyond the filing deadline of April 30, 2015. Masteel said Bursa Securities would suspend trading in its shares on May 12 if the company failed to submit the annual audited financial statement for FY14."

Hmm..

Its a loss making company. It was "gorenged" heavily recently. Do understand what happened when a "gorenged" stock was finally abandoned. Gudluck everyone.

• And those who are still holding and hoping for this counter to rebound.. you can only dream. Exit and choose other counters. Dont let yourselves being manipulated here.. trade wisely. Gudluck.

• As usual.. the huge buy queue (passive) from the beginning will dissapear at the end of the day and Censof will keep on falling. You hv been conned people.. better run and cut small loss before half your money gone!!!

Me tend to agree with rich. Tomorrow maybe business as usual. No need to heed to all these emotional feelings.. which tend to favour the market makers..

Today close @0.610 with 18350 lots buy queue still intact. Hmm???

Looks like Supermx.. went down very bad to about 1.6. But see the price now.. hmm.

The volume is very high bcoz those that bought at low price will sell when the price go higher and vice versa. The cycle continues; thus, in the end.. the price will be stagnant and go lower..

So many people (including my close friends too) lost their hard earned money on this counter. I would like to offer my condolence to those who fell.. so pitiful.. :(

The price has been stagnant for quite a long time and inclining towards negative bcoz selling pressures have been very persistent and never end..

Somehow I tend to agree with winner. To think logically.. insiders should've known these corrupt fellas quite some time ady. Thats why the price has been dropping since.. now coz by panic sellers..

If price drop very low.. now hit lowest ever.. from 1.9 to about 0.63 currently.. possible Ekuinas take it private? Hmm..

If not now can sell @0.630 ady.. easy 3k profit in an hour.. ouch.

Wah.. missed to buy on dip @0.610 by panic sellers.. almost.. queued @0.600 tis morning.. haha.. :D

• Gone case.. kaput.. be prepared for a severe bloodbath !!!

Of course kt99.. but today be prepared to cut loss at 0.60 :(

Why you want to collect? Crazy? There are many other counters to invest. This one as I mentioned earlier.. gone case.. kaput !!! Stay away like a plague !!!

Gone case.. finish.. kaput!!! There goes the hard-earned cash for a lot of innocent people. Hah.. do you think the government wanna lend a hand? KEEP on dreaming!!! Pity pity them. :(

Beginning to wonder whether speculator's TA n opinion on Censof maybe were just useless mumblings.. hmm. Trade with care everyone n dont fall mindless into traps..

Icon buy queues have suddenly weakened and there is no strong support whatsoever. As such, it may be a falling knife and drop a lot today. Do monitor and be extra careful everyone. Its time to safeguard your hard-earned money. Just my 2 cents.

Looks like its in consolidation phase again after hovering about 0.53/0.54 last week; furthermore, oil prices retreating currently..

Looks like contra players and now panic sellers are not cleared.. LOL

Looks like its in the accumulation stage currently. Well done on your analysis on Dufu n Esceram.

"expected return to the Securities Commission’s shariah list next month". Note the word "expected".. gudluck.

The best way is to sell when your own TP has been met (not others). Dont fall trap into greed (easier said than done ya) by keep delaying and hoping for the price to go up more. Always remember.. money changes hands.. not fall from the sky.. so one has to lose for one has to gain. So who will lose and who will gain? Are you better than the market makers? There always opportunity to buy on weakeness. Food for thought. :)

The best way is to sell when your own TP has been met (not others). Dont fall trap into greed (easier said than done ya) by keep delaying and hoping for the price to go up more. Always remember.. money changes hands.. not fall from the sky.. so one has to lose for one has to gain. So who will lose and who will gain? Are you better than the market makers? There always opportunity to buy on weakeness. Food for thought. :)

Newbird.. you may use these indicators:

http://www.cnbc.com/id/17689937

Well done klsetrader. Do monitor and look for opportunity to buy on weakness.. :)

Hi jeff.. looks like you may be right. Due to the recent uptrend.. many contra traders are causing the selling pressures.. especially today is Friday. Its up to the market makers to absorb these sell queues or let the price consolidate a little and accumulate from there on. Also.. the oil price is in the red (-1.06%) currently. Trade with care.. monitor for opportunity to buy on weakness. Gudluck everyone.

• Currently oil price turned green.. heading up and over 57 ady. Gudluck everyone.. :)

PBT dropped 85% and Profit dropped 60% from previous year same qtr and even worse compared to last qtr? OMG!!! :(

Yup.. TP is 1.50

"We advise investors to accumulate the stock. We continue to like Bumi Armada for its solid earnings visibility given the long-term nature of its nine FPSO contracts and its good leverage in the international market. The company is currently bidding for three more FPSO contracts - one each in Nigeria, Namibia and Angola."

• Jeff.. me opine it wont go down that low.. but who knows.. anything can happen. The drop in the second session today is most prolly due to profit takings / force contras since Armada has been on the uptrend for the past 4-5 days. The main thing to note is that Armada had just secured a huge 1 billion contract.. so me opine any minor fluctuations in oil prices is quite irrelevant at this juncture. Just my 2 cents.. :)

Currently in the profit taking phase. Its normal after the recent spike. The contras may be absorbed.. and then the uptrend continues. Monitor closely for opportunity to buy on weakness..

Just sharing an advise I received.. "put an exit level in mind if its price today touch 0.56, this can safeguard your capital".. but I ady exited earlier.. :)

Its profit taking time at this juncture. Anyway.. oil prices just broke USD54.. further up 1.6%..

Wuh Hou.. I can tell you but.... :D
Good performance.. resistance @0.575 just been broken. Oil prices now further up 1.35%..

Resistance @0.565 absorbed and support forming. Now facing strong resistance @0.570 and noticed many big buy chunks have been hammering it. With volume.. prolly it may manage to break the contra traders. Oil prices up 1.02% currently.

Based on the huge volume (2nd most active counter) with good 60% buy rate.. green oil prices.. and good performance by Skpetro (Perisai usually mirror it).. we may expect the beginning of an uptrend today expecially when the contra traders are absorbed. Anyway, today is only T1 or T2. Gudluck everyone.

Looks like I agree. Thats not a prudent way to sell by lumping one huge sell amount in order to push the price down (discouraging people from buying and causing panic selling too).. while other O&G counters and oil prices are green..

Currenty.. oil prices are in the positive territory. If continue green till end of the day.. we may expect to see most O&G counters including Perisai close in the higher range..

http://www.theedgemarkets.com/my/article/oil-prices-rise-expected-dip-us-shale-output