TreeTopView

TreeTopView | Joined since 2020-09-28

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Stock

2023-11-23 15:29 | Report Abuse

Interesting, a 3.2 million on market transaction at 3pm went through at 1.24.

A new holder or someone topping up.

Welcome aboard the bus if you are a new holder. Take a seat and enjoy the view.

Stock

2023-11-11 15:27 | Report Abuse

LOL.....is that your "expert" opinion?

Stock

2023-11-11 12:52 | Report Abuse

Why are the short positions steadily rising week on week with this stock?

Currently sitting at 5,517,631 (0.40%).

Stock

2023-11-01 09:23 | Report Abuse

Q3 results always come out in November for PTrans.

News & Blogs

2023-10-29 12:02 | Report Abuse

qqq47660, you are now using the Celtic Green Brigade as a source of groups doing the right thing......."People send me videos of Celtic football fans stand in solidarity with Palestine. That is the right thing to do. Millions marching in western capitals to stand in solidarity with the Palestinians. That is the right thing to do. "


You clearly know NOTHING about the Celtic Green Brigade. Let me enlighten you, ya muppet.

Those particular group of Celric Football Club's supporter base is only a part of the team's overall support. Most of their supporters are embarrassed and dislike the Green Brigade.

Whether you know it or not....probably not.......the club is historically a predominately Catholic based support. Seems strange to me that the same group of supporters, the Green Brigade, have NEVER condemned any of the actions of the Catholic church over the centuries.

If the Green Brigade is your marker, you need to screw you head on tighter.

On another note, can you advise me on how many poor Chinese souls were killed during the Mao regime. Thanks in advance.

News & Blogs

2023-10-28 10:09 | Report Abuse

If you have 12 minutes to spare then this might be worth watching for a different perspective on the current shambles that is going on in the Middle East..

https://www.youtube.com/watch?v=B8YYmrgAeqw

Stock

2023-10-17 11:24 | Report Abuse

buahcempedak,

Yet again another dimwitted drone coming out with utter rubbish on i3. Get your facts right before posting shite.

"Datuk Seri Anwar Ibrahim says logistics companies and certain groups will continue to enjoy subsidised diesel but other users will have to pay a higher price as part of the government's plans to restructure fuel subsidies."

Stock

2023-10-07 15:35 | Report Abuse

An extract from a post I placed 2 months ago.........

"Current upward Fib. points are:
1.30, 1.38 (recently rejected intraday......normal at first attempt), 1.43 and 1.51.
Current downside Fib. points:
1.22. 1.18. "

******************************************************************************************************

The 1.38 level was rejected and couldn't be broken, probably more to do with overall market conditions than any other factors.
The downside Fib points back then were 1.22 and 1.18. The eventual closing low over the past 2 month period was 1.20.

So for now, I still retain previous Fib points as my guide, meaning if it breaks 1.38 it could then take on 1.43 and 1.51 if the upward trend remains in place.

Although I'm a LT holder of Solarvest and Svest-WA, I decided to buy a trading parcel during the week purely on a technical basis.

So far, so good.

General

2023-09-27 17:15 | Report Abuse

And what percentage of them are currently unemployed?

And back to my original question...........qqq47660, it sounds to me that you are so enamoured by China that once you have saved up the air fare and relocation costs, you'll be on you way there.

Any idea how soon that might be?

General

2023-09-27 15:52 | Report Abuse

qqq47660, it sounds to me that you are so enamoured by China that once you have saved up the air fare and relocation costs, you'll be on you way there.

Any idea how soon that might be?

Stock

2023-09-24 08:25 | Report Abuse

Something seems to be brewing here with volume increasing over the past 3 trading days (Wed, Thurs and Friday last week) with some signs that someone might be accumulating......

I watched the trades a bit closer on Thursday and Friday and it seems someone is keen to accumulate and takes decent sized chunks in single hits up to 1.35. The last hour on Friday was a bit quieter, however the 1.35 mark kept getting swept up, before someone closed it lower at 1.33 in the closing auction.

I still have Fib. points at 1.43 and 1.51 that are still active, so a break of the 1.34-1.36 area may make things a bit more interesting.

Worth watching, imo.

Stock

2023-09-14 10:50 | Report Abuse

YeosCincau, Let me get this right. Are you saying I am a company employee, a member of staff for Perak Transit?
Am I right in thinking that you are stating or suggesting that?

"Suddenly u koyak and threatening showing u from the company. Its not my fault ur terminal empty."

Before you dig the hole you are in any deeper, I'd suggest you consider what you state.

As for people having opinions on listed companies, I agree 100%. But the line is drawn when those comments make claims of fraud and slander. You should be well aware of that.

Don't blame me or anyone else if you are too naive to understand the laws.

Stock

2023-09-14 10:19 | Report Abuse

YeosCincau, I won't waste my time interacting with you. To be frank, your motives appear dubious.

You joined i3 in November 2022. Since then you have posted a total of 8 posts, all about Perak Transit, with 6 of them being derogatory (https://klse.i3investor.com/web/cube/profile/YeosCincau).

Here are some of your statements since you joined i3, you tell me if they are not actionable in a court of law:

"Probably they used personal company to rent. "
" After local council release open tender early this year, terminal alor setar disappear from their report"
"Honestly, their terminal is empty. "
"Contradict to their report which show huge amount of rental."
"Probably rent to third party or director private company."

Enough said. Good luck.

Stock

2023-09-14 09:39 | Report Abuse

LOL.......keep up to date, dude.

Stock

2023-09-14 09:18 | Report Abuse

YeosCincau, your comment.....":Previously said they are third party management for terminal alor setar. After local council release open tender early this year, terminal alor setar disappear from their report.".........is an outright lie and defamatory.

I suggest you correct your "error" and post the actual facts.

An extract from the most recent quarterly, August 16, 2023........."The Group is also actively seeking new third-party terminal management services to grow this asset light business, as seen from the collaboration to operate Terminal Sentral Kuantan and Terminal Bas Shahab Perdana in Pahang and Kedah respectively."

Terminal Bas Shahab Perdana is the Alor Setar site.

Stock

2023-09-12 11:11 | Report Abuse

The announcement regarding the dividend should be out by the end of this week.
Ex. Dividend Date will probably be Sept. 29.
Dividend to be paid from mid October.

News & Blogs

2023-09-08 15:15 | Report Abuse

Hi skoh, hope you are doing well !

Yes, I rarely drop into the i3 forum but I see that the usual scammer is still playing his usual scripts, and I couldn't stop myself from making a comment or two on his woeful trickery.

One thing constant in this country is the total lack of shame amongst some people. A skin thicker than a rhino's.

Skoh, do you still keep in touch with Tony? If so, say hi from me.

News & Blogs

2023-09-08 11:32 | Report Abuse

Don't give me your nonsense, I don't buy any of your shite.

You are a fake, a liar and set always out to deceive.

Stop kidding yourself and others that you are some type of market expert. You are a nobody and you know it.


News & Blogs

2023-09-08 07:57 | Report Abuse

calvintaneng, was this the same way you were scammed in KPower (now Reneuco)?

You say....."Why need to cutloss?
In the first place why go buy a lemon? Why the trouble? "

Hmmmmm, it appears that not only did you buy a lemon, you even VERY HEAVILY promoted it.

You were a strong supporter of that company, with your usual endless "reports" on how well the company's future was. In fact, you even went to the extent of visiting the company and talking to the main players (apparently) which led to you being even more convinced it was a strong company.

Remember when it fell to 68 cents? Remember how you stated that you were buying. and topping up at these incredibly low prices? Remember telling others to buy at 68 cents? Remember how you denigrated other reputable RE companies in your lame promotional bile? I do, very, very clearly!!

Take a good hard look at yourself. Frankly, I think you are a disgrace, acting under a veil of religious deceit in the hope that you are seen as cleansed and a good man.

It doesn't work !!

Stock

2023-08-29 13:04 | Report Abuse

Marginally higher??? What are you talking about you muppet!

Highest ever Revenue, highest ever Profit.

Up 26.4% year on year.
Up 6.2% quarter on quarter.

Yeah....up marginally...lol.....clown.

Great result.

Stock

2023-08-26 09:52 | Report Abuse

You guys really need to be able to read and understand a Quarterly report. It's all spelt out for you in black and white but, not surprisingly, most in here don't understand it.

To keep it simple......it all has to do with the timing of the ICPT payments.
The most current payment from the government was, from memory around July 12th for around RM4 Billion, so therefore not included in this report.....misses out by around 12 days.

This quarterly report states the 6 month ICPT inflow (page 1)at Rm6.492 Billion. (Rm2.860 Billion for April to June)
Then on page 7 of the report it clearly states......"As at to date, TNB has already received full payment of the surcharge amounting to RM10.4 billion"from the Government for the ICPT period from 1 January 2023 to 30 June 2023"

"As to date...." means up to the date of the report being published..........yeah, yeag, I know, just making it clear for some :)

News & Blogs

2023-08-06 11:33 | Report Abuse

Michael Sah, you asked....."PH-BN and PN are like the devil and the deep blue sea. Explain to me why I need to vote again? How do I know that my vote will not be hijacked and manipulated again if I decide to go to the polls on Aug 12?"

I am probably the most non political, non party affiliated person you could ever meet. I view politics, whether local or globally no more than a manipulative consensus of individuals seeking the trappings of power and influence. Occasionally you may see some individual attempting to shine a light of integrity, however it generally dims rather quickly as they get sucked up into their party's manifesto and populist policies. To even attempt to question their party's manifesto usually ends in expulsion and they soon become long forgotten by the mass public.

The current noise you hear and see daily during this state election period is merely that.....noise!

The trinkets and tokens they all offer the public during this period are generally designed solely to lure the fence sitters to move towards that particular party's vote bank. Once they either get your vote or are unable to tempt you, the farce stops and you are long forgotten.

Michael, to your question on WHY you should vote in this current state election. For me the answer is simple........IDEOLOGY.

Currently Malaysia is at the crossroads, in fact many would say that it has actually gone well beyond the crossroads and might be on a path of no return. Or at least, a path that is difficult to divert from.

The choice cannot be clearer. You either vote for a party like PN, whose main component is PAS, based on seat allocations. Their policies are clear, their intentions are clear, their vision of a Malaysian future are crystal clear and not even open to discussion.

If that is the path you want to remain on and your vision of a future Malaysia aligns with them, then you should clearly vote for PN

If you are more open minded, liberal, accepting of others no matter their creed or culture, then you, in my opinion, would have no other choice than vote for the PH combo.

As I said earlier, it all boils down, in my opinion, to your own personal ideology. Make no mistake, the next five years in Malaysia's history is at a very critical tipping point and the sooner people realise that the better, then we will all know which direction we will be moving towards in the long term.

Currently I doubt anyone knows where we are headed....but one thing is for sure, your vote in the upcoming state elections and the eventual GE in around 4 years time WILL define the future generations of Malaysians.

That is WHY your vote is so important, Michael......at least in my own opinion.

Stock

2023-07-29 11:55 | Report Abuse

An article well worth reading if you are a Solarvest investor, or have any interest in solar energy and solar energy counters.

Govt’s NETR pursues clear path for Malaysia energy transition, says Solarvest
https://theedgemalaysia.com/node/676513

In my opinion, this NETR initiative by the government is a massive shot in the arm to the RE industry and well overdue. So, kudos must be given for finally having the foresight in being fully committed to the RE plan.

As for Solarvest, the recent upward move has been following the Fibonacci price points fairly closely.

Current upward Fib. points are:

1.30, 1.38 (recently rejected intraday......normal at first attempt), 1.43 and 1.51.

Current downside Fib. points:

1.22. 1.18.


I'm leaning towards the gradual upside range........but I might be slightly biased, as I hold Solarvest. Ongoing positive media reporting on the NETR will probably give some extra brightness to some solar counters over the short and medium term, imo.

Stock

2023-07-28 17:13 | Report Abuse

AdCool, punters merely look at the headline numbers and if they look reasonable then all the fantasy stories come out.
Currently, the EPS from the cement business is 1 sen p/annum.

Coincidently, the deal on the Profit Guarantee share deal is also at Rm5.5 Million p/annum........which is 1 cent annualised EPS.

That doesn't stop the fantasy stories though :)

Stock

2023-07-28 16:11 | Report Abuse

The timing of the Profit Guarantee from the S&P is already locked in and set, so the share price being down at 18 cents had nothing to do with the S&P Agreement.........or the amount of shares the Vendor gets from the deal.

Keep in mind the Vendor has already received the cream from the deal in cash and a bundle of shares.

The next allocation of shares for the Vendor is when the Profit Guarantee initiative time period is completed.

Stock

2023-07-28 15:26 | Report Abuse

From the Quarterly:

Revenue from cement business Rm78.6 Million.
Profit BEFORE tax on the cement business Rm1.8 Million.

Hardly inspiring profit margins.

Seems most of the profit for the quarter came from the Glove Forming business:
Revenue from glove business Rm11.7 Million
Profit BEFORE tax from glove business Rm7.6 Million.

One first glance the profit from the glove business looks excellent, however the figures include a reversal of previous impairments.

Stock

2023-07-15 13:42 | Report Abuse

oops.....Miss C, I meant i3 Messenger.....not i3 forum.....cheers

Stock

2023-07-15 13:34 | Report Abuse

Hi guys,....nope, I'm not back on i3 as a regular poster again, this is merely a follow up from a request from a poster who still contacts me through i3 Messenger (which I still use).

She contacted me last weekend (hi, again) asking my thoughts on Tenaga and another company, however her main concern was the drop in price and current pricing of Tenaga. At the time the price was Rm9.05.

I won't bore you all with the lengthy reply I gave to her, (you know how much I can go on...lol), however I'll give some dot points from my response.

I suggested at 9.05 wasn't too bad, considering the market situation @ 7th July.
I suggested that she didn't sell at that price, 9.05, as we were coming up to reporting season next month with a dividend in the offing.
Something we both agreed with was the "impression" that Tenaga had been pushed down to this level, instead of merely falling to that Friday's closing price. Of course this cannot be proven, just a gut feeling following the regular little slaps the price would get if it even looked like going up.

I came up with two fairly obvious suggestions as to why........one, being Foreign Funds selling, which was stated in the press a few times in general terms......and the other was the opportunity for short covering at this price point.

In the previous weeks there had been very little indication of short covering, in fact almost non existent, however I did think that eventually it would happen although no idea when or by how much.

Lo and behold......a fluke on my part...........this short covering commenced in a fairly serious way this week, particularly Wednesday and Thursday ( Friday's net short figures not in yet).

Last Monday started the week with 12,716,690 short positions.
Up until close of trading on Thursday, it now stands at 6,670,787.
Total shorts covered in 4 days= 6,045,903.

That's all from me, just a quick "hi and bye".

"Miss C" , please keep in touch through i3.....it's easier to discuss that way...less noise :)

Stock

2023-03-06 18:42 | Report Abuse

Another batch of Warrants converted today...........10,628,509.

For the regular readers and contributors to this thread and some other threads I inhabit, it's time for me to say hasta la vista to i3. I've definitely overstayed my welcome and I'm getting nothing out of this site.

For those of you who enjoy chatting with me through i3 Messenger, I'd like to continue with that contact with you guys and gals as the chats are always informative to me, so I'll remain logged into messenger but will no longer read or post any forum content.

All the best with your investments.....you all know who you are.

Stock

2023-03-06 16:16 | Report Abuse

":Belittling Sunview in favour of SolarV is an uncalled for comparison meant to gloat and boast you have the bigger dick!

How lame! "

OK, show me where I did that. Not once did I "belittle" Sunview. If you can show me that post I would certainly apologise but I know it's a FACT that I didn't.

Stop making up stories to support your shite.

End of story, now trot along and eff off with your lies.

Stock

2023-03-06 16:12 | Report Abuse

I would never have any reason to delete any post I make. I stand or fall on what I say, either here or in real life.

As for you, well, you'd have to be the last person in here to preach about anyone's behaviour in i3.

ok, Sideshow Bob, hit me with more of your vomit, as I won't be responding. Go for it, you know you want to.

Stock

2023-03-06 16:03 | Report Abuse

What the eff is this shite you are spewing?

You're either partially illiterate or dimwitted, perhaps a bit from Column A and another from Column B.

At NO STAGE over the entire weekend did any poster say anything derogatory or negative about this company. The entire debate was about the endless repetitive posts from Mr. Chon.

Personally I hope Sunview runs, as it will perhaps lift other solar companies.

Clean up your act wee Bob.

Stock
Stock

2023-03-05 18:37 | Report Abuse

If the cap fits...............then what can I say, Tony?

I'll take so much before I bite....but I can smell bullshit from 100 metres away.

You know as well as I do that this character was due for a spanking. And as you add your peace and love and understanding rhetoric, please consider some of the prose you have used on posters that have gone beyond their limits on threads you inhabit.

I think you and I are on a very similar page, so let's not waste our time on debating how far the bow should be pulled back.

Have a good night, dude.

Stock

2023-03-05 16:30 | Report Abuse

It's late Sunday afternoon and it's been hot and sunny all day in my location, all my outside chores have been done so it was time for a long cool shower then an opportune time to open a few cans of that thirst quenching golden amber liquid. Sit back and enjoy the moment scrolling through some of the i3 musings........a perfect end to the day.

While doing so, I had an epiphany, a light bulb moment!! Where had I seen that name chon99 before?

Of course.......PT Resources.........I knew I'd seen that face somewhere before, maybe down in Mexico or a picture on someone's shelf.....or in i3! My curiosity got the better of me and I had to dig a little bit deeper.

Lo and behold, what did I see?

Well, Chon99 graced the i3 forum as a new member on September 12,2022.
From September 30, 2022, when the price of PT Resources was 46 cents, our good friend chon99 decided to devote his time wisely by extolling the virtues of PT Resources with multiple posts each day, of course, all of this good work was done to assist all the members of i3 and certainly not for any personal gain. Hmmmmm..........

Moving forward to October 28, 2022, a mere 4 weeks after starting his posts on the company, when PT Resources price was now down to 39 cents, our good friend chon99 ceased his multiple posts on this "excellent investment company". In fact I believe that was his final PT Resources post, apart from one rather none interest post.

Surely nothing had changed in 4 weeks? An "excellent investment opportunity" surely has more merit than a mere 4 weeks period.

After that, PT Resources actually had a bit of a run to mid and high 60's in December 2022......gulp.......where was chon99?

I am 100% convinced that if he had still held shares in the company, everyone on i3 would have heard about it from him with multiple daily posts, shouting from the rooftops. Alas, silence is golden~~

Now, does anyone see any similarity to the current chon99 posts on Sunview?

No need to answer, as the question was purely rhetorical.

The modus operandi is crystal clear, amateurish and frankly, rather pitiful.

Cheers.

Stock

2023-03-05 10:26 | Report Abuse

Good morning, Mr. Chon. So many questions to answer on a Sunday morning, thanks for sparking up my brain this early.

You asked......"May be you can give us an analysis of Sunview and Solarvest later so that our investors in this forum can have a better understanding ? "

Answer: Nope. As you have clearly stated, you are new to the market and have a lot to learn. Kudos to you for finally admitting that fact. Now, in order for you to learn you need to do some work.....agree? So, I can give you a rough timeline to when me and a few others debated the pros and cons of Solarvest in i3. It would have started around September or October 2020, where there was about 4 genuinely interested posters of Solarvest wrote and debated the stock. That's a good place for you to start your learning process. Disregard anything in the Solarvest thread after February2021, as that was when the stock was hot and all the new "expert" loonies joined in with their ramping nonsense. Enjoy the read and the learning experience.

Next, you asked........"1) Do you think 'one day ' SUNVIEW would not rise above RM1.00. ? "

Answer: Yes, it's possible. Although putting a timing on it is currently impossible, to me anyway. There would be various factors and aligning of the stars for that to happen, if you know what I mean.

Next, you asked...."2,) Do you think ' one day ' SUNVIEW would not issue free warrants ? "

Answer: Same answer as the previous question.

Next, you stated....."Please don't give a bias view on the stock of the similar nature !"

My comment: At no stage in this interaction have I stated a positive or negative opinion of Sunview. At no stage have I stated a positive or negative opinion of Solarvest. I answered a comment of yours where you asked which company I preferred.......my response to that was than I CURRENTLY prefer Solarvest. Absolutely no bias in that response, imo.

Next, you asked......"3) Do you think 'one day 'SUNVIEW would not give bonus issues ?"

Answer: I think your question is wrongly worded, just like the previous two questions. Perhaps you meant to say....."Do you think one day Sunview will give a Bonus Issue?" Is that what you were attempting to say? If so, then of course it is a possibility but you would have to ask the Company and their Market Advisors.

I think I have covered all your questions and I'd suggest this is where we draw the interaction to a close.
I hope you enjoy your research into the solar industry and the associated listed companies. It will be far more lucrative to you than doing your regular copy and paste of articles that are one year and longer out of date.

All the best.

Stock

2023-03-04 19:22 | Report Abuse

Dinner time....bye Chon.

Stock

2023-03-04 19:17 | Report Abuse

At this point in time, Solarvest is more appealing to me than Sumview, imo. To answer your question.

Stock

2023-03-04 19:11 | Report Abuse

I'd love to tell you, Chon, as I actually hold some Solarvest shares from late 2020.

It was one of my biggest gainers in early 2021, Rm1.20 to Rm3.00. Sold 80% of my holding, as it gained too much and too quickly, hence my selling. Also able to pick up the bonus issue and free warrants. It was a hoot.

Currently hold my 1.20 purchases, which in real time are at a cost of 80 cents because of the bonus issue.

ps. All of the above can be confirmed in i3 forum, as I was a poster in the company at the time. That might be a good place to start your journey into the solar industry, as there were a few good posters back then.

I retain a small holding in the mother and Warrants.

Anything else you need to know about my finances?

General

2023-03-04 18:52 | Report Abuse

You'll probably get more relevant information from the back of a Corn Flakes box.

Stock

2023-03-04 18:25 | Report Abuse

Tony. keep your hands off my golf course!!!

I'll give up some things but NOT my red wine, beer, malt whisky.......and the golf course!!

How dare you :)

As for Chon....well, I think you know.....a bit new and naive.

Stock

2023-03-04 17:07 | Report Abuse

Solarvest has an order book of circa Rm600 Million. Does that it make it better or worse than Sunview?

Stock

2023-03-04 17:05 | Report Abuse

The same can be said for ANY listed solar energy company, Chon.

I'm sure you realise that there are also many unlisted solar energy companies. Sunview is not Robinson Crusoe.

Stock

2023-03-04 16:52 | Report Abuse

Chon, can I make an assumption? I suspect that you are a relatively new player in the market......yes/no?

If the answer is yes (which I suspect it is), then I strongly suggest that you use your time devoted to the market much more wisely. Nothing you post in here will have any effect on your current holding in Sunview, whether it's posting a glossary of the CEO or a Paris Agreement. Frankly nobody in here cares and they are certainly not going to buy on your recommendations. Sorry if that sounds cruel, but it is a fact.

Companies at this level are a bit like sex toys, pulled out when the players are in the mood. Any substantial price rise will be dictated by far bigger players who decide when it's time to hit the on/off switch. That time usually coincides with the perceived positive news from the company or a general positive vibe given by management. That gives the players something tangible to start the ramp, whether it is of any substance or not.

Eventually the toy gets turned off and gets put into the drawer for the next time.

Call me a cynic....but I've been doing this for over 20 years, mostly in countries that are considered far more sophisticated than the Malaysian market. The truth is those supposed sophisticated markets are still filled with liars, cheats and con men, just like here. I could write a book about some of the antics I was asked to be involved in over the years, especially in the early 2000's, thankfully I was brought up to have a conscience.

Anyway, something for you to consider.

Hold your money tight in your fist, as nobody else will.

Stock

2023-03-04 15:45 | Report Abuse

lol, it's as if you have just discovered the wheel!

How long do you think this has been going on.....a few weeks? Or since you bought Sunview shares?

Stock

2023-03-04 15:31 | Report Abuse

"Malaysia is one of the parties who signed the Paris Agreement ".

Yes but they didn't realise the Agreement was about climate change.
They thought it was to confirm a regular supply agreement of croissants.

Stock

2023-03-04 09:51 | Report Abuse

It was a toss up between doing a morning of gardening, or having a lazy breakfast and looking at some charts........thankfully my brain chose the easier option :).
So, I'll do some word doodling on my thoughts on the KLCI and perhaps a bit on Tenaga. Don't yawn, guys, I'm only trying to entertain myself :)

Firstly, the KLCI.........yet another lacklustre week with the previous Friday's close of 1,456 and yesterday's close (Friday) of 1,453. Not a lot to get excited about there, although there was a period of mild concern on Wednesday. I'd targetted 1,440- 1,445 as a bit of a danger area and didn't want to see the KLCI close below 1,440. When it hit an intraday low of 1,444 my immediate concern was that a breakdown could possibly lead to an eventual drop to 1,420.
Thankfully it bounced and finished on Wednesday at 1,450, and since then it has ever so slightly eased up.

If I was to use my gut feeling (a new technical term :) ), I'd say the 1,440- 1,445 will hold and not be broken. I've really got nothing tangible to make that claim, other than my own personal sentiment. A break below 1,440 is probably not out of the question and a new target of 1,420 would come into play......but for now I'm betting against that happening, particularly now that many companies have just delivered their quarterlies and we know the good and bad to take notice of.

The KLCI currently needs a catalyst to give it some momentum and I'm not too sure where that will come from yet. Whether the "some companies are oversold in the KLCI" mantra will work to engage new buyers is yet to be seen, although it is a good reason for the likes of EPF and other Fund managers to give some of the KLCI components a bit of a tickle.

Onto Tenaga.........it's probably fair to say (obvious) that the quarterly wasn't received well by some. To me, some of the perceived positives and negatives are probably up for debate but we'd probably end up going round in circles if we were to try.
The bottom line is that the price fell once it was released, no argument there. What has been a surprise is the total lack of new shorts, keeping in mind that it was trading recently at 9.90 to 10.00. It seems odd that the Funds didn't use those price points as an area to batter the stock. It didn't happen and I view that as a plus.

Fib. points were broken all the way down BUT it didn't break below 9.15 which was a minor victory, as it bounced off 9.18. The current daily trade of choice is to knock it back down on small volume in early morning trade, then consolidate, then move up towards closing. Currently sitting at 9.40, I'd like to see a break of 9.44 then a move towards our old friend 9.62 to keep any short term momentum going.

In closing, some of the charts I have looked at this morning are showing early signs of a potential upward move in the next week or two, so my leaning is towards an eventual upward move of the KLCI. How weak or strong that move could be is impossible to tell, imo.

If you've lasted this long in reading this crap, well done!! It could be worse, I could be sitting next to you in a pub and I could go on for hours...lol

Have a great weekend, Tenagers.

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2023-03-03 15:44 | Report Abuse

Tell it to your main man on Sunday and see what he thinks of your very dubious nature.

Like I said before, enough, I'm finished with your nonsense. Your motives and agendas are crystal clear to most level headed people on i3 and if you can live with that and claim that you are a good man, then so be it.

While you have your dictionary out, look up the word, integrity. It may be a concept you are unfamiliar with.

Goodbye.

News & Blogs

2023-03-03 15:33 | Report Abuse

I had no choice, as I needed to address the lie that you perpetrated.

At a minimum, readers will now know the facts about the "tale of the windfall tax".