Systech gets a second wind. Buy-ups happening in the last three hours of trading into today. Ichimoku 1H chart intact. Should be able to close 0.270 or higher looking at momentum.

Only if it can end the year at 2.75. Charts are looking good. 3.00 possible.

Steer clear first. If it drops below 0.75, next level of reasonable support will be 0.685

0.75 level strong support. Anything above is still sketchy. Still room to go under

All signs are still good. Buyers are still in control - indicating the strength of stock. Systech is currently in range trading mode, between 0.255 - 0.275. Once it is breaks free from the 0.275 ceiling, next target should be 0.32 and beyond.

Looks like waiting for news on Nasdaq will test holding power. It wont be now - and ARBB management doesnt to want to update - which either means there is no answer from Nasdaq or ARBB is facing some challenges. In anyway, better sell and move on until something concrete comes up. Holding on unless there is huge paper loss is not very wise - good money sitting down and doing nothing

No sudden moves are expected. It is flatlining - unless it is going for IoT projects nationwide, it probably will move between 0.13-0.15 tight trading range. That said, the past week, buyers are controlling on Nov 11 and Dec 6. What happened these two days, prior or post, will tell you much.

Dead counter already, dont hope

Dead cat's bounce - be careful. Bullishness over extended

If today can touch 16sen already can smile all the way to burger stall

@kahfui1221

So far no news of Nasdaq - if ever, anything pushing this stock price, it's likely to be local projects related to earlier mentioned

There, you can see the results analysis of Empire Resorts

https://in.investing.com/equities/empire-resorts-financial-summary

Foreigners selling - that's why dropping

Day charts looking good. Testing new grounds today and next week. Maybe good news from its Nasdaq listing coming?

Unsustainable - too hot

Now projects related to Malaysia will be better favoured. If this is one, then why not

https://www.theedgemarkets.com/article/securing-5g-and-ot-advancement-achieve-malaysias-ir40-digitalisation-goals


Now Sabah and Sarawak will hopefully get solar projects up and running, as well as IoTs for schools and public admins.

More IoT and ERP projects coming?

Now it is worth at least 70sen

This con share will end up in PN17

Monitor the outcome of its submission to Nasdaq of AIGL listing. When this happens, fireworks can be expected. It will intrinsically affect the "mother share" price, if any logic of economics is applied

Considering recents events, indicators to a reasonably good quarter are there. Once firmed, 4.70 is the target. To understand its movements, look at the long term

So, they are ready to list it seems. Are we looking at another unicorn?

See if it can break 0.335

There is no way for this conter to rise again. It depends on rumours to sustain the rise.

Cybersecurity play beginning folks. Watch all the cybersecurity counters.

SMTRASH has never given dividends - what kind of company rewards its investors like they did?

Big news indeed that RM80mil agreement. Pathetic!

Look, even in hardest of times there will be 2 types of crowd to Genting. One to gamble and the other to visit theme parks. Maybe a small portion drive up there to urinate, who knows. But the thing to remember is no matter how bad the economy is, people who can afford, will go on vacations. On vacations, they will eat. If they spend long time there, they will find a place to sleep. Now, ask yourselves how many people who had spent money to drive hours to a vacation spot, bring their own boiled eggs to eat instead of buying from the food outlets. How many people sleep in their cars overnight for two or more days. The question to ask is - do bad times stop people from enjoying themselves with small luxuries? Also those who spend money on themselves on vacations definitely wont spend time reading what stock traders and punters say or do. So what's the fuss. In investing, there will be ups and downs. As long as you know what you are doing, why worry what others say. Unless you dont have money to invest or not educated to invest wisely. Then it doesnt matter if you buy or sell because end of the day, even buying anything at cost and selling at cost, you will still lose money

The sky is the limit now for MFlour.

Technically it will break new high today. Looks like 3.13 will be the first breach, followed by 3.15.

https://www.theedgemarkets.com/article/businessman-tan-chean-suan-buys-535-stake-censof#:~:text=Tan%20is%20the%20chief%20executive,system%20for%20the%20tax%20agency.

His stake in Censof now stands at 14%

Every day there is something on GST... is it coming back? Looks like it with public assurances like this story

https://www.theedgemarkets.com/article/hsbc-malaysians-should-not-worry-much-about-gst-reintroduction

Needs to break 0.68, to break the 200MA and this will set it for 0.71 mission. Wheat supplies stablising

Why PN will implement GST before elections - so that if PH comes back, they can try and remove and then lose again. Or better, frighten voters that PH may remove GST again if reelected. Hence, win-win.

As for wheat, India can keep all it wants or needs. China is now the world's largest supplier and I think shortly, India can never hope to catch up even. So MFlour will still be hedged - purchases are made with long term planning of a hedge. That is why the consistant profitability

CGS-CIMB has "add" calls for GenM, MR DIY and RHB Bank with target prices of RM3.40, RM4, and RM7.70 respectively.

https://www.theedgemarkets.com/article/cgscimb-raises-yearend-klci-target-1647-points-names-genm-mr-diy-and-rhb-bank-top-picks

EPF needs money for the RM10k withdrawals.. if it could, it would sell

This is an earlier story carried by the Edge. Read for context. https://www.theedgemarkets.com/article/gentings-rd-affiliate-taurx-could-launch-alzheimers-drug-2023-if-trials-succeed

Bullish sentiments could be related to this news. Genting Berhad's 20% owned TauRx's success in Alzheimer drug submission

https://www.globenewswire.com/news-release/2022/05/31/2453751/0/en/Dundee-Corporation-Portfolio-Holding-TauRx-Pharmaceuticals-Ltd-Announces-Move-Toward-Regulatory-Submission-Following-Initial-Data-From-LUCIDITY-Trial.html

Definitely under-valued as stockbroking houses say. Look at the Net Profit, considering that the nation is just coming out of lockdown and price volatility of wheat over the past few months

@drkelvin20 last Quarter is based on result Jan-March////whereas our full Opening started in 1 APril...so...next Q should be more promising right?

This coming quarter will have less spending liabilities, and with full crowd recorded at both theme parks, hotels and casino (24hours), yes, it should be upbeat. In fact RHB just revised target to buy - 3.58.

@munah
Not sure what contributory factors - possibly a good dividend now that the windfall tax has been settled? Who knows. Buying momentum is strong - Might even close at 3.11 as a surprise

Only GENM showed potential, technically. Buy signals are strong.

Strong buy signal for 1H at 4pm yesterday. Perhaps the momentum will reveal itself today. Let's watch and learn.

How much is GenM average dividend?

Congrats guys, as spotted earlier. Tomorrow will be the true test of its resilience. Results in May should not be the yardstick if you look at past history. Look at Genting's two prong approach: the casino (which operates 24 hours) and the theme park, right into the night. At current price, it is a no-brainer as borders continue to open. Fundamentally, it is ready to reach greater heights - even RM3.30 in coming weeks. But let's see

This too - https://www.marketsandmarkets.com/Market-Reports/automated-test-equipment-market-237275050.html?gclid=Cj0KCQjw-daUBhCIARIsALbkjSYn2W_gCTTBphYNhsQ3UalLoR8ZjJkjm5yujeEYXJ5LfxXLAs1f1CYaAgqREALw_wcB

Old story but relevance is there

https://www.theedgemarkets.com/article/cover-story-rise-test-equipment-giants-amid-tech-boom

May dip below 0.60. Wiser to wait below, 0.57, 0.59.