@Nickmotor, go to other goreng counters if you want quick money, PTRANS is for investors not gamblers

@profitgrow, I received dividends from a penny stock (on ACE board) several times, so it's possible that HUAAN will issue dividends if they want to

If the 0.60-0.47-0.60-0.47 pattern repeats, the share price should go up later this week. This pattern has happened three times in the last 1.5 months (16/1, 24/1, 26/2). Let's pray!

26/02/2018 0.31 0.46 +0.15 (48.39%) BUY Rakuten
23/02/2018 0.30 0.51 +0.21 (70.00%) BUY PUBLIC BANK

@PanjiAlam55, if Rakuten is stupid (I don't use bad words, so I use a substitution), then the prediction of Public Bank is more unrealistic.

The fundamentals and future of PTRANS are very promising, in particular it will be transferred to mainboard soon (indicating its solid business), that's why it has caught a lot of attention. It won't jump 200% within a day/week like other goreng counters, but it will eventually go up and return a big reward to its loyal shareholders. Nowadays, most people just look for quick money (i.e dreaming of making tons of ringggit in a day) and then brag on i3 forums how successful they are. It's naive and stupidity.

@Hustle, the stock markets over the world are more or less related, if DJ (aka the big brother in the world), reacts negatively, it sure will affect others. Even though you don't care, I don't care, but it does have an impact on all walks of life.

http://money.cnn.com/2018/03/01/news/economy/european-union-canada-global-response-steel-tariffs/index.html

The United States imports the most steel — 16% — from Canada. It imports 13% from Brazil, 10% from South Korea, 9% from Mexico and 9% from Russia, according to a Department of Commerce report from December 2017. Roughly 3% is imported from Germany, the only EU country to make the top 10 list of U.S. steel providers. China clocks in at number 11.

Agree with Betta68. In stock markets TA, FA & quarterly reports are merely for reference, the main trigger is always the operators/syndicates behind the backdrop. Have a look at PANSAR, it has surged from 0.465 to 0.915 (today's highest) amid DJ's turbulences (8/2-2/3/2018). Why? Fantastic quarterly reports? Not really (Although they have made a profit in every quarter, the share price has remained 0.40-0.55 for years). Having more future contracts? Probably. It has been flying, it's just because it's their turn. In stock markets, luck is more important than analytical skills.

@Betta68, this is just a pattern I observed according to the chart, I hope it will fly soon, fingers crossed! But before it recovers, it may go down to below 0.50, like previously 0.47-0.49 (I am just a newbie, please don't take my comments seriously)

@Betta68, JokerTp called "up" this morning, that's why it's going down :)

in the last 1.5 months, whenever HUAAN went beyond 0.60, the price would be pulled down to 0.50-0.55, it already happened three times, it seems that the share price is purposely manipulated

why is someone intentionally dumping the stock at 54cts?

all main markets are red, but KLCI! It always surprises me! LOL! However, it is still too early to jump into conclusions, Huaan is volatile, may turn red in the afternoon, who knows! Hope for the best!

appreciate your constructive comments UncleJohn and FlowerhornKing66

glad that Mpay made a profit in the last quarter, well done!

0.555

someone is dumping

Daily Technical Highlights – (HUAAN, KRONO)
https://klse.i3investor.com/blogs/kenangaresearch/147917.jsp

Hibiscus is making a come back, these two counters experienced the same roller coaster in the last few weeks, hopefully Huaan will follow Hibiscus's uptrend

go go go PTRANS! believe in the fundamentals!

bought at a high price (62.5cts), no bullets to average when it came down, still holding though, believe in the fundamentals, go go go Huaan!

"U.S. stock index futures pointed to a higher open Friday, a day after both the Dow Jones industrial average and the S&P 500 fell into correction territory.

Around 8:33 a.m. ET, stock futures were pointing to the Dow opening higher by 103 points. The Nasdaq and S&P 500 futures also indicated a positive open. The movements seen in U.S. futures come on the back of a sharply lower finish to Thursday's trading."

https://www.cnbc.com/2018/02/09/us-stock-futures-dow-data-earnings-market-sell-off-and-politics.html

Asian major index on Wednesday:
Shanghai SE Composite Index -61.39 -1.82% 3,309.26
Hang Seng -272.22 -0.89% 30,323.20
Nikkei 225 +35.13 +0.16% 21,645.37

Chinese index has been red all day, while Nikkei is able to close green. Hang Send shot up in the morning, then lost power in the second half. The worries are still there I think. All Dow futures are red now.

just like the futures index early today, red->green->red->green->???, hopefully the dow jones won't be down (if) too much when closing, of course it would be fantastic if it closed green!

dow jones futures already turned red, but nasdaq and S&P are still green

"But they said that many of the fundamental factors that have driven stocks higher — including rising corporate earnings — remain intact, and that Friday's trading had no signs of panic selling."
This is an excerpt from: http://www.latimes.com/business/la-fi-markets-slump-20180202-story.html

I agree that we should be cautious, however, If the U.S was not panic, why should we (except contra and day traders)?

@Michael Kwok 0.535

@Investee, agree!

@Nagakoon, Buffett888 did suggest cutting loss yesterday, but did he mention it will drop to 10sen??? I remember it was another person saying that

@ Investee, we have a pretty much similar situation, I bought at 62.5, hahaha, I'm still holding, hopefully the qr results are positive and will boost the share price

Happy holidays Huaan-ers!

Buffett888, thank you so much for sharing your experience with us, I will read Peter Lynch's books, I'm new to the stock market, there is so much to learn!

Ace Ven Ven - FYI: I submitted my form on 29/12/2017 and received the cheque by post (Pos Malaysia) on 10/01/2018. If you refer to the offer letter(s), it says the amount of money will be sent to you by cheque within 10 days of submission