PA not UNDERVALUE. It's OVERVALUE. Ratio 10 to 1, strike price 0.60 10X0.115= 1.15+0.6=1.75, premium= 42%. That's why PA not moving up~

@@jc5360, hello ^^

buy c6 better than c7. coz market maker has sold out c7. without market maker, c7 can't move~

a beautiful "N" shape~

Be noted that the company has Currency Forward Contracts in USD. They suffered RM1 million lost in this contract in previous quarter.

Glotec is buying in Indonesia. Frontken is buying in Australia, 2 countries with different quality. In your opinion, which country is better? Indonesia?=="

According to Nanyang Finance, the company is planning to buy a new business in oil and gas field. http://www.nanyang.com/node/708779?tid=462

Dr Hornloser is still holding 27% of Frontken. He sold the shares to his company, Cp Asia holding GmbH. Shareholding just changed from direct to indirect. Please refer to today bursa announcement.

Few days ago, the RSI was in overbought territory. Thus, it needs to setback before moving further.

I still optimistic about its quarter result. When the share up, some will say it will fly to 0.40. When it down, some will say "quick cut loss". Actually, if you refer to chart below, the share is in climbing stair mode. Thus, for the moment, it's only going down to prepare for another wave. The immediate support is at 0.285. please refer to the chart: http://postimg.org/image/du8tndj65/

"The Group recorded a loss before tax of RM0.57 million in the second financial quarter ended 28 February 2014 was mainly due to the listing expenses amounting to RM1.20 million charged against the earnings of the Group in the current financial quarter pursuant to the initial public offer listing of the Company." The company coming quarter result should be better even usd is strengthen against rm. It is because last year loss included a one time listing charges amounting RM1.2M.

Wait for next week. Quarter report may come out next week. Up or down depends on the result.

satha44 Its time to jump in again?

Don't misunderstanding the info that i have given. Strengthen of USD against RM may affect the company profit but its not mean that the coming quarter result will be unfavourable. This counter still can maintain its up trend If the company achieve higher revenue and profit margin to cover its foreign exchange loss.

But, we should aware that strengthen of USD against RM will affect the company profit. The last year second quarter report has mentioned that "The lower gross profit margin of 32.19% recorded in the current financial quarter ended 28 February 2014 was mainly due to the strengthening of USD against RM from December 2013 to February 2014 as most of the quarry industrial products are purchased from foreign suppliers and transacted in USD. " That is the only one quarter that has been reported loss since the stock listed in Bursa.

I think you should be patient. We can't hope that the stock will up immediately after we buy in. The stock is already in up trend. Thus, just hold and wait.

Actually they sold the shares via off market transactions. This means they didn't sell the share in open market.

The stock have broke out ascending triangle. It's normal to have consolidation before the next wave to start. The volume on 1 April is 46.4M and the volume is lower after that day. We should sell out If the volume after that day is over 46.4M. It means the stock have been sold down with heavy volume. But, now it's not happen. Thus, this is only a consolidation. Don't worry too much :)

When the stock was at 0.26, some says should buy in only it breaks 0.285. After breaking 0.285, they says again, you should buy in after breaking 0.3. It's very funny, isn't it?