I sense something is brewing here. Every day went up few sen then drop back.

Surprising for RM1 unit worth asset per share with profit making is trading at 66 sen circa.

Seem shy to move up. Better let go tmrw if another red day

I think too many retailers holding rather than buying to keep its price momentum. Big guns wont push as wont benefit them much. Suggest to dump part of ur holdings before big guns lose patience

Wonder whether those said dps not making money for years ever read the company announcement

I beg to differ. We are only 30% dependent on Petronas from total revenue. Back in post 97 era, our exports went up like nobody business because of our weak currency. On recent weak RM, ppl keep on saying foreign equity exit but it seems that EPF is selling govt bond to make our currency weak. Perhaps we are also playing currency war like China and Japan to ensure exports are protected. With oil price dip, ppl judgment may be clouded that Malaysia is not playing same game like other exporting countries.

Fundamentally majority knows this company is going to triple their Q1-Q3 2014 profit in near 6 months ahead based on Investment bankers analysis and private analysis with catalyst coming from GST compliance. Sweetener came in from oversea expansion which company forecasted to be next economic engine.

So how latecomers want to jump in and enjoy handsome profits as well. If fundamental is strong, then next best thing is attack on TA to create panic sell. NSC listing in one hand also helped the attack.

TA is not a magic tool. While it aims to understand market behaviour and predict next swing, TA still depends on a set of assumptions that can be skewed to arrive to certain result outcome.

Nobody put a gun to our head to buy and sell. If anyone think this share has no hope anymore, do exit asap. If think it is worthwhile to wait even with paper loss, just wait and continue to have faith given that one understands the risks involved.

Ppl didnt read before posting. Not sure whether purposely done to accumulate or what. Vol transacted also small on daily basis but managed to push down price. It is Reverse Take Over (RTO). The company itself doesnt have capacity to venture oil and gas. The company who is doing RTO (will be buying the existing company) has already oil and gas business. Who cannot tahan can sell. Those who got holding power can wait till RTO completed estimated next year.

Its game over man. Game over. Game over. <- Laser tag closing mantra

Tq for pointing that perspective veera. Tmrw might be bloody red sea

pls be careful guys. this is a sign to relook your positions. in the end nobody put gun to your head to buy or to sell.

Told yah when so many ppl become optimistic, time to relook ur position

when pople are so optimistic it is time to relook our position