sarawak election play this counter..sit tight

ringgit weaker this counter will positive

force selling over lor now start climbing up

glove company benefit from the recent revised budget

game start..mother share moving

today only cheap sales

now 5.3..more panic

tadah tadah

panic panic

just now u shout sell at 5.46 now already 5.51, if u had bought u profit already lor

pang i agree with u i collect now topglove but slowly no rush

lowest 5.40..selling is normal for those collect this morning take profit.as long does not breach daily low is still hammer pattern

but if break 5.40 then cabut first lor

will consider reenter once contra and short term players flushed out from recent spike

big seller block at 5.56 and 5.58..psychologically asking weak seller to sell sell and sell..

but daily shows hammer pattern is out after this morning panic sell until 5.40..u decide

just sit tight and buckle up

good show skpetro thx for the angpow

hammer pattern appear today..market is still absorbing seller who are cutting at lowest price..let them cut lor..once berak is over then can rebound

i entered this morning oso

yesterday good shakeout at 41..remove contra and weak player already..with DJIA up 100+ points and rising crude oil, we will see changed sentiment in mid cap stocks

hope some show today for jtiasa..T4 T8 over already

price will open above RM 1.70..maybe around RM 1.72-1.73 or higher

also see yesterday statistic foreign fund nett buy RM 300+M

as i mention yesterday if crude oil is up, its no brainer for foreign fund to enter skpetro due to this company has very strong balance sheet and order book

all the best!

crude price up up..all in skpetro rm2 coming CNY rally gogogo

nice update calvin..hope some game before CNY

this counter also will fly when crude up.now crude bullish short term due to possible talks between russia and opec to cut production..

lets hope this positive development is true and not just talk only

@JoshuaMS7 so far no news yet on that collaboration but price movement so far indicate near term bullish for brent crude price as price has broken out from pennant pattern

but tonight we will know whether any progress when europe and us market opens

brent crude break usd34/barrel..let see how this counter react

this week most days have been foreign fund nett buy and retail/institution nett sell..

for this counter is the same..probably foreign fund have more idea of how crude oil will move in the short term hence showing now strong support at 1.69..seller keep throw 1.69 but more buyer come in to buy

monitor crude oil price and pray for break usd 36 and go to usd 40 :D

let see whether got game or not before CNY..

overall still uptrend as long as does not go down below 1.36 which is original price before it spike

epf buy or sell does not really affect this counter..this counter closely follow crude oil..

if crude oil keep bullish then it go up more..if not then profit taking may happen until crude oil show real trend

last year june 2015 declare dividend..this year have to wait maybe june or later but not before year end

price dip to 41 this morning but now recover to 42.5 already..this counter already test bottom few times and support is there

in near time should see some technical rebound to 49c

yes agreed with calvin hold tight rebound coming soon..today best chance to buy due to weak DJIA..but rising crude prices, approval of TPPA, strengthening ringgit will be good factors for CNY rally!

http://klse.i3investor.com/servlets/ptres/34195.jsp

kenanga investment has assigned TP of RM 2.38 based on PER of 14X

with rising brent crude prices and weakening USD, this counter would be no brainer for foreign funds and institution to pump in..hope for money swing in then can eat banana at least RM 1.80-1.90 before CNY :D

so far so good, just waiting investors to come in

if can green in sea of red..means strength..cny angpow

i agree Bluey..in this kind of market its good to find counters with positive profits and hold..

this counter if hold i see no issue..rather than holding speculative counters

once investors realize i am sure they start rushing in

quarter report announced profit increased 50% compared to last year similar quarter..

6 months profit increased 100% compared to last year..this counter can green in sea of red..gogo CNY rally!!

uptrending and building volume..must watch, dont miss the train for CNY

its normal selloff ma global market panic..but when market rebound counters with good FA and good prospect like this one will rebound very very fast compare to speculative counters

time to collect more and more when the price down!

potential to break 80c today

watch out..start to wakeup from sleep already

where the volume on monday go? all kontra kaki buy and Q at 80c ka?

need to break 80c resistance to move on..from chart looks to be quite soon

@ Duatlai can u give the link to Star interview with Yong Tai?

so far i look the chart all indicator bullish (daily chart)

1. building volume with price spread
2. macd cross signal
3. stochastic K cross D
4. RSI 59 (not yet overbought)

plus with the index doing so bad, Yongtai seems to be relaxed..RM 1 to come before CNY?:)

profit taking normal la up so much..but selling has slowed down..just waiting on next wave only

see how lor..many buyers at 1.13..strong support

its normal to slow down when hit resistance..but once break 1.16 it will be fast

its just a matter of timing

just now say slow and steady but asiaply-wa pecut so fast..very big buy volume..we will see how it close today

agree with surewinz..however its not certain that its going to happen next week..there is possibility of today also..we see how it goes