@ColaBear Maybe it's better to average UP. Wait for the technical charts to indicate it has found a bottom and building a new Base around that. At least. Better still, to wait for an uptrend to start, whenever that might be. May have to pay a higher price than now but that's better than buying 'low' and possibly seeing something get lower.

One cold hard fact we must accept when it comes to public-listed companies - the controlling shareholder/s call ALL the shots. We minority shareholders are in just for the ride, and hopefully able to feast from their leftovers. At a luxury banquet, leftovers are still great actually, with delicious steak and lobster. If you drink, the leftover champagne and expensive cognac would still bomb you out, even if you are just salvaging.

With these companies, it's not how many hands are raised in support or objection against something but "the percentage" a hand represents. Most of us don't own even 0.5% of a counter - even when 100 combine, it's still insignificant. We can shout and scream but our opinions don't matter squat, unfortunately. Controlling shareholders putting their children, grandfather as directors...what can we do? That's how things are. Rather than "raging against the machine", I've decided to just reluctantly accept things when it comes to companies in Bursa.

Anyway, with Puncak, my thinking goes like this: 1) It may not control water in Selangor anymore but it has a respectable cash pile. 2) The controlling shareholder (Rozali) seems to be in the power-that-be good books. Federal and state. And he has connections, which is very important. 3) It's also in his benefit and self-interest to ensure Puncak does well. I believe this is his main company - his identity and legacy are tied to this. Something like "Duta Yap".

As such, I'm going to try 'tumpang'...and maybe pick up some of the leftovers. If I'm wrong...well, it won't be the first time I'm wrong. Or the tenth time. But I'm going to give this counter reasonable time. If the share price continues to slide up to a certain point, and falls past the important supports, I will cut loss and lick my wounds. I just hope I'll have the discipline to do so, should it indeed come to that.

By the way, the "Buy more" in my earlier comment refers to put warrants. NOT ordinary shares, of course. Just in case some people read too quickly and misunderstand :-) Particularly the FBMKLCI-H puts that have reasonable life left (at least 3 months) left, AND selling at a reasonable premium.

But I do know many people don't use these index put warrants to hedge anything - they are just speculating Bursa's index will suffer a steep fall. Nothing wrong with that - different people have different ideas and strategies when it comes to TRYING to make money. And they had a roaring great time last August when these put warrants went up at least 100%. With my hedging strategy, it's for some peace of mind. We will sleep better when we know we are somewhat protected whereby our losses would be manageable.

@jacklintan: Something that I had read some time ago - if we look for everything to be good before we'd put any money in the stockmarket, the time will be... never. Because there will ALWAYS be something or other that is of concern. You have been in the market for some time, right? Just take any period from the past several years - 2014, 2013, 2011 - any year. Try to remember all the negative factors factors which had scared off investors. There were quite a few. Greece, for instance, which would come to `kacau' our market. Political tension, general elections in Malaysia and whatever else. And of course, August 2015. Before that was the crude oil slide (still going on). Now it's China, crude oil (again), strong dollar (again), Islamic State etc. Things will never be perfect.

But having said that, it won't do to throw all caution to the wind. We must create our own strategy, according to our own appetite for risk, experience and what we hope to achieve. With me, I'd divide the capital into a few categories, and allocate the money accordingly. First category are counters that pay a reasonable dividend. Rock-solid companies like Selangor Properties, Boustead and such. Whenever any that are on my list goes down significantly, I try to force myself to be brave and just buy. And then wait it out.

The second category are counters "that display strength". Either individually or its group. For instance, "Export-oriented" - the gloves makers, furniture etc. which have been doing well due to ringgit's depreciation. A few years ago, it was Oil & Gas. Before that was Plantation. Telcos would also have their day. But watch the technical indicators - if certain support levels don't hold, then it's time to say goodbye.

The third category is mixed. Including structured warrants and all the nonsensical donkey companies. But donkey or not, when something is going up, I'd want to have some shares in it :-)

And when it comes to managing capital - never put everything in stocks. Even if the money is meant to buy stocks. It's more prudent to have a significant amount of cash in hand. Right now, I'm committing just one-third for the time being. Should the market not go my way, I can take comfort that I still have two-thirds left (more when the cut-loss counters are sold). Don't be too hurried, even if we feel `good' about some counter. Nothing is guaranteed. When sentiments get better, can use another one-third to invest.

By the way, if you have a significant amount in the various counters, might not be a bad idea to have some sort of insurance in the form of put warrants. Unfortunately, the investment banks have issued only a few that are specific to individual counters. And the ex. prices are unattractive. The next best are the index-based put warrants, like FBMKLCI-H(something).

I had bought some lots of these. Not to speculate but to keep me from getting overly nervous and stressed out when the market suffers a fall. These put warrants would go up in price and thereby help mitigate the paper losses of the various counters. You will have to decide for yourselves how much money you are going to put in these put warrants. As a rule of thumb, I think 5-10% of one's portfolio value should be adequate. But if you are really worried and think the market will crash, then buy more. Regardless of how we think the market will perform in the coming days, it's a good thing to hedge.

Remember the sharp fall of August last year? Many people had sold off in panic. Some, rather late in the fall. Crude oil going down, ringgit depreciating, 1MDB etc. Buyers who saw value had emerged in dividend-paying stocks were mocked (for example Media Prima, which went close to 1.00). Many of these counters brought in capital returns of at least 30% just a couple of months later.

I certainly don't know how things would transpire in the coming days and weeks. It might be the beginning of a long slide, or things might actually start to pick up (even though at this very moment it doesn't look anywhere like it). My own belief is this: there will be sharp falls AND rebounds. In other words, volatility. This isn't good for genuine investors but it's something which traders and speculators look forward to.

There are ALWAYS opportunities in the stock market, as well as risks. I think it's a question of managing these - to have the courage to buy something after doing research, which includes taking the downside possibilities. And to cut loss quickly when things don't work out, PLUS to take profits and not linger too long. Hopefully, the all-important luck factor will also be with us - there are just too many variables which are beyond our ability to accurately know about and assess.

Puncak has got a big cash pile, right? This is an aspect worth taking note of when it comes to assessing a company's survival prospects in lean times. I agree with the general opinions here, and have also taken @stkoay's caution into account. I'm also encouraged by @hng33 coming in - he may often be in for the very short term but he's someone who does his homework when it comes to assessing the technical charts. I think I'm coming in too. But using only half of what I had planned for this counter. And having a stop loss set in case it goes down further.

But regardless of the long, slow slide, this is one of the counters that I watch every day. Waiting for the day when it will eventually find its bottom. The moment you see a sudden increase in volume, that's the cue to jump in. I believe those who want to sell have mostly done so. Keep watching...

This 12 sen ordinary dividend plus 38 sen special dividend (total 50 sen) -- there is no ex-date yet, right? I believe it needs to be approved by the shareholders first. Based on previous SPB dividends, the ex-date tends to be in April, with the payment given out the following month.

Selangor Properties is one of the remaining old school counters on KLSE. I remember this name from when I was a child. In the early 70s, RTM's Rangkaian Biru in English used to have a segment called "Share Market Report" around 6.30pm or so. The announcer would read out the counters one by one. Not just the closing price but also the day's movements! Newspapers would publish these too - prices with the number of lots in brackets). Gradually, due to the number of counters, it became impractical.

@Icon8888 Thanks for this very useful and informative post. Plus your analysis. This is something which requires a lot of time and energy, not to mention a lot of brain power. Whether an individual agrees or not, and to what extent, is secondary. But I must say that this kind of post adds value to i3investor. Makes it worth the time to come here. You get an "A+" for your efforts. Very much appreciated.

LOL! You're funny. And I mean it in a good way.
Coming up with a headline like this, and honestly admitting you're trying to create hype... Haha!

Quite a good selection here. I'm going to jot these down and wait for the opportunity to buy a few. Gadang - one of my regrets. Got paralysed by the "It has gone up too much already" thinking, and thereby failed to capitalise on the gains that came.

Maybank's system is decent enough. But you MUST use Internet Explorer. The Android app is adequate for buying, selling and checking your account. But it doesn't list the counters - most active, biggest winners etc. That's a big shortcoming. I'm surprised that Affin's app is better. But then Affin's minimum commission is higher - twice Maybank's.

Maybe I should add this: before buying, always consider the downside risk. First and foremost. While we can't see the future, we can visualise the possibilities. In this case, a counter's support line could be of great help. Calculate how much we'd lose should it go below that point...and ask whether we can take the loss.

With trading, the key is in keeping the losses small. Even if 4 out of five trades result in a small loss, one winner which is allowed to run to its near maximum is often enough to cover the losses AND provide us with an overall profit.

@Jester, I don't dare to participate in this kind of thing. For one thing, my analysis doesn't have much sophistication. And this isn't fake humility. I'm still learning on the financial metrics beyond the bare basics like PE, DY free cash flow and such.

Right now, I'm basing my trades on these key words: "Buy Strength". Whether I like the company or not shouldn't matter. If the indications are right, then I'll buy. But with a "get out" point specified. This is especially so when a counter fools us with a false breakout (quite often). If it gets below the short-term support, I'll take the loss there and then instead of comforting myself "It will perform next week..." No more of this.

That's the main aspect of my TRADING. But I also have some capital allocated to INVESTING. This will be the counters that have some quality. Which means they MUST pay out dividends. Like Media Prima. However, they have to be at a good price first before I buy.

One more portfolio are the speculative shares I mentioned in the earlier post. These may be dumbass counters (like HB Global) and the dozens others that we see. I have no illusions about their business potential. And that includes Parkson and many of the oil n gas counters. But must acknowledge that they do have their moments, and coming in and going out at the right time will bring satisfying results.

For good measure and as insurance, I buy some put warrants too. Specifically FBMKLCI-H37 (for now). Must always remember the market fools us a lot of the time. There could also be sudden shocks, like what we saw in August last year. Having put warrants make me less tense and I sleep better at night. Should the market suddenly crash, at least I would have some protection to mitigate against the possible losses.

Sorry to hear that. -WA didn't look like a bad speculation during better times. Have to review and learn lessons from our buys that didn't work out. There are surely things that we could and should have done differently. Like cutting loss early when a counter falls through a supposed strong support. Easy to say in retrospect, of course. But this is a system and discipline we have to impose on ourselves to get better results in our future trades.

Slow, long slide by MBMR. Nothing sudden, no shock but it just goes down quietly. I had thought 2.58 was already low. But it still went down. Fortunately I stuck with the general rule of only buying when something is on an uptrend. But it's tempting, especially with the previous dividends.

One day it will find the bottom. And then move in the other direction. I'm waiting for that day.

Eagle eyes in @hng33. I wasn't even aware this counter had woken up.

Crony, politically-connected or whatever, must always remember our main goal: to try make money from the market. Don't know how low Media Prima might go but the dividends have been okay enough. In depressed market conditions, getting dividends is something comforting.

Firstly, A Happy New Year to @KC Chong and everyone who often follows the posts here, and may 2016 bring food fortune to us all.

This is another post, the content and essence of which are worth serious consideration by everyone trying to make money in the stock market. Or to avoid losing a huge chunk of his capital when the main goal doesn't materialise. It doesn't matter too much even if some of the points are `repetitive' - often, some critical and fundamental aspect needs to be drummed in again and again before we "get it".

Have to admit here that I do have two of the lemons mentioned here. Plus one or two others. Hibiscus and Amedia. There is always this "hope", of course. But with these two, and others I have in my "Speculative" portfolio, there's a strategy. Whether it works out or not, only time will tell, of course.

I do look at the downside risk first before buying these. Plus having a "Get Out" plan either way (including should they go down below a certain level). Hibiscus was bought at 0.245 while Amedia at 0.025 (before the most recent exercise. I didn't subscribe to the rights). The strategy is like what the portfolio's name suggest - wait for the time when it gains favour with speculators again. That might be in weeks or months. Possibly more than a year. But I'm prepared to wait.

I also have one counter which most everyone wouldn't even think of buying - HB Global (0.065). "Are you out of your mind?! It's a PN17 counter!" Well, can't claim to be too sane but... :-) This one is "calculated risk". Nothing too hot about the company but I noticed its NTA is 80-plus sen. And the shareholders include Datuk Shahidan Kassim and a unit of PNB. The company had made losses the last few quarters but these aren't too severe. Anyway, the PN17 status is more of technicality rather than an "ICU-type" of balance sheet.

My speculation is premised on these: (1) When the PN17 gets lifted, it will be seen in an entirely new light. (2) Should the majority shareholder get fed-up with the various technical requirements of being a public listed company, he can make a general offer to buy back the outstanding shares and take it private again. And the offer certainly can't be 0.10, 0.20 due to the NTA.

With these counters, I'm not under any illusions. No hope of "growth", "dividend" etc. These are all speculative. I should also add that the speculative portfolio forms only a smaller part of the capital. Should things not pan out as I am expecting, and even if the share prices go down to half of what they are now, my capital won't suffer too much. Sure, I will be exasperated. But not crippled.

The quarter results etc. look fine enough. But for some reason this counter isn't moving. Is it a general trend where investors are avoiding financial counters? Going to keep OSK in mind. The downside risk appears minimal, unless if some shocker is announced. When sentiments change, a 30-40 sen capital appreciation should materialise.

"rubbish" for those who fail to make any money when the opportunities appear. Both FGV and UEM, especially their call warrants, had given satisfying profits for those who had followed the trend. UEM-C20 especially, and FGV-C6. Even the safer mother have brought in reasonable gains from their low of this month.

Quite a good list. Thanks for sharing. This kind of thing helps with my decisions of "speculating". With the various counters, I hope to make capital gains within one year. This isn't a long timespan, especially with the old school "Buy and Hold" kind of investors. But 12 months is already a long time with many. To me, it's reasonable.

If one wants to make money from the market, it will do well not to let political beliefs obstruct his chances. Including with FGV. Personally I'm not impressed with the Chairman, Managing Director etc. Their decisions, especially with buying Eagle High, are suspicious. It's smells of "ada benda"; of vested interests not beneficial to shareholders. BUT if it's on an uptrend, and you want to try make some money, it's better to set aside our sentiments. "Making money" should be our only priority in the stock market.

Those guys with a longer-term holding plan, and had bought when it had rebounded off the low point...they will likely end with satisfying capital gain. Doesn't have to be 100%-plus like with some penny counters. But any kind of profit is welcomed. If one is doing better than what the mutual funds dish out, then he's doing fine with the stock market. This counter may be slow to go up. But the more important thing is, it isn't going down.

Looks "sort of" stabilised. But the technical indicators including RSI don't look attractive at all. It all depends on the big sellers - are they done yet, or is this just a lull before they resume?

This counter is something like that "Boy who Cried Wolf" story. It suddenly shoots up a bit, and contra players pile in (while those who had bought earlier sold off at a 1-pip profit). Then, it immediately petered out, and contra players get trapped. Happens again and again.

With contra players often getting stung, they will be wary about jumping in the next time. And that "next time" will be when this darn counter finally goes into a real, sustained uptrend. The question is "When" will this be.

As long as it doesn't slip below support, then it's okay. Should not because there aren't jittery contra players going to depress the price in the near term. Just wait for interest to pick up again.

This isn't a bad company. But it's on an obvious downtrend where the bottom is unknown. It may be 0.95, but this is just guessing. If the punter is lucky and it is the bottom, he will feel like a genius. Of Warren Buffet's class. But more often than not, trying to guess the bottom ends up in one becoming a forced investor. There's no fun in seeing our capital 'sangkut' in counters that are in a slow slide. Better wait for the indicators to perk up a bit.

@Annetan Thank you for sharing your experience with a lot of honesty in the feedback. It's posts like this at i3investor that I appreciate the most due to the very valuable lessons. One conclusion: to try make a profit, we MUST take a position. While staying at the sidelines and just observing is safe, doing so won't bring in anything either.

It's always easy to say we should have done this or that (or not do) in retrospect. I've been following UEMS and the warrants over the past several weeks. Those weren't really 'bad' buys for the technical indicators had looked promising. Unfortunately, the rebound was shortlived. Not only that, UEMS continued to slide. With the charts turning negative, it only panicked traders into selling and further depressing the price.

With warrants, especially a counter like this, we often have to jump the gun. That is, buying when things are depressed and everyone pessimistic. And waiting for a sudden spike in interest. Often, a minimum 30% profit or more is possible when the crowd jumps in. This is a calculated play whereby it's critical for the warrant to have reasonable life remaining (at least 5 months), and above the ex. price or very close to.

But must have an exit strategy - if it goes below a certain level, with the indicators showing more pain ahead, MUST sell and cut loss there and then. No "Wait a bit...might go up next week". Most of my losses with warrants were due to this procrastinating, which resulted in much bigger losses. It's easy to talk here about "discipline" - implementing when the time comes is often a different story.

@bleuerouge You are right. But the main question is "When". If one has the stamina to weather the storm and hang on, he will be rewarded. However, not many can do that.

If one is basing his buys on Technical Analysis, all the indicators say "Stay away". If you really, really can't stand it any longer and simply must buy despite the clear downtrend, it may be prudent to use just part of the intended capital. Maybe half and not all. If Astro continues to slide, at least you still have the other half. Can use this to average UP (not down) when you're reasonably confident the bottom has been found, and it's on the way up again.

Should keep watching this counter because sooner rather than later, fund managers are going to feel it's "cheap enough" and start buying. There are limited counters which they are permitted to buy, and they'd also want to have Astro due to the regular dividends.

Talking of itchy hand - this is why I check prices at i3investor instead of launching the investment bank's trading platform. Prevents impulsive buying - something which we'd often regret although there might be a few exciting successes in between. It's so easy and tempting. Requires just a few clicks, and suddenly we're exposed.

I wouldn't dare to say that. For one thing, don't know whether the seller is done yet, or waiting to continue next week. Looks to have stabilised but maybe it's because they don't want to panic other investors into selling too(?)

It's not at the lowest point yet (from early 2013) which should be very strong support. If the selling is done, might not go that low. Anyway, there's also the possibility of local fund managers buying and adding to their portfolio. They would want to average down the portfolio. At least that's my thinking (which may not be the case in reality). This current price - no guarantees, if course. But I'd think it's fair and reasonable, all things considered (but I'm not buying yet - I try not to buy on Fridays since something might happen overseas during their trading hours and weekend).

@pohwantam @hanxian I wouldn't know which one is "the best", because I've only had experience with Affin-Hwang (The Curve) and Maybank (Sunway Giza). Affin - not recommended because of the minimum charge of RM28, among other things. Not an issue if you are buying/selling RM8k worth in one transaction. However, not viable if your transactions are small. Especially with structured warrants and penny counters where you might not want to risk too much money. Would need at least a one-sen gain before you make a small profit.

I'm now with Maybank. It's much better than Affin based on my own experience and needs. Besides the RM12 minimum, the Maybank account is more flexible. Especially when you connect your savings account to the current (trading) account which will be opened. Can easily transfer from both accounts according to the need. The online trading platform is also more versatile than Affin's. But you MUST use Internet Explorer, else the trading interface won't appear. I'd prefer Firefox or Chrome. Have to get used to IE, unfortunately.

I had also considered Hong Leong and Malacca Securities. From my research, both are also very good. Plus CIMB too. But the nearest Malacca branch is at SS2, and I was reluctant to go there from Kota Damansara. Actually the physical location of where you open the account isn't really too important...because 99% of things could be done online. My choosing Maybank is mostly because I already have a savings account with this bank, and Sunway Giza is the nearest IB for me to register.

Bro, I'm no sifu. Had taken some losses too over the years. Plus failed to maximise profits in several big winners when I went out way too early (Ifca was the biggest fish that I had released too soon). But I *try* to learn from these, and to share the experiences here so that we could do better.

One of the lessons - trying to catch the bottom is often a risky game. The "cheap becomes cheaper" situation. It's not a bad idea to buy at a support level. However, we must have a plan, and especially the discipline. If the support doesn't hold, must cut loss at the stated level and thereby freeing our capital. And possibly not suffer bigger losses, "paper" as they may be. It's not as easy as it sounds...because we tend to procrastinate, comforting ourselves that "It will rebound next week..." Sometimes it does happen like that, and we pat ourselves on the back "for staying and not cutting loss". But more often, it slides further.

Anyway, another key thing I've learned: always protect our own interests, first and foremost. This is the aspect we must always ask when we want to buy or sell - Is this to MY interest?

It's now not too far from the lowest point since the re-listing at the end of 2012. What was it - 2.5-something was the lowest point. Remember the sentiment at that time? Investors were so disappointed, including Astro's staff who had taken loans to buy at 3.00. The CEO, Rohana had added to her holdings at 2.70 or so...a few million units. Bold of her in showing confidence. And it worked well for her when Astro went back to 3.00 and then above that.

Now, Dec. 2015 we are facing a rather similar situation. Is this an opportunity or a trap? We will have to make the decision.

After slipping under the 2.73 support, 2.67 is barely holding. The volume isn't heavy at all. But some entity looks to be doing controlled selling. Giving away at Buyer's prices, although not hurriedly. Astro is now at a rather attractive price. Very tempting. But must be reasonably sure the seller has gone away first. Or for indication there is solid support at this level. "Wait and see" looks prudent.

With this kind of counter, it may be better to stick to this prudent tip which I had often come across: "Buy on Strength". Right now it definitely isn't showing strength but the opposite. Whether this company is "good" or "bad" is secondary when it comes to protecting our capital, and hopefully make a profit. Would not be wise to go against the trend and momentum. It's better to wait a bit for the counter to find a new support level first.

For a genuine investor who can hold (as compared to "trader" and "semi-investor" whose horizon is less than one year), Astro isn't a bad buy at this price. Don't know how the share price will perform in the coming days, but one thing is for sure - the new buyer is getting it cheaper than those who had bought at the IPO.

Its regular dividends are an attraction, especially to fund managers. When they come in again - especially the foreign funds, this will be one of the counters they tend to buy.

The issue: Who is doing the selling over the week, and are they done yet? If not, we should hold on for a bit longer...if you can.

Maybe it's better to wait for signs that it had found a strong support first instead of trying to catch it at "the lowest price" (?) The potential profit will be less than "lowest price", but I feel this is the safer strategy.

Anyway, have to also take into account that "somebody" (not limited to one entity, of course) has been selling over the past week. Not just Pos but also several other counters that fund managers tend to have in their portfolios. Like Gamuda, TNB, Astro etc. If big boys are liquidating, it's better to wait until they are done first.

@waseong ---> "if this share suddenly up, pls dun go to chase high 追高 lo."

Actually that's what I'm planning to do. And I think quite a number of people too. If it goes up, with good volume and looks sustained, that's a strong BUY!! signal... because it indicates the bottom has been found, and it looks to be retracing its long slide.

Yes, 2.73 looks to be a critical support line. Might be considered as a calculated move if one buys at this price. However, if it slips below that, will have to decide fast - cut loss immediately OR to hang on (and thereby having the capital `sangkut')

Rather puzzling as to why it should be at this level on listing. Goes to show the presence of so many jittery people who had obtained its shares. Why would anyone apply for these shares, and then to immediately sell at the first sign of trouble? Based on what @sosfinance says on its NTA, this might be an opportunity.

Officially a penny counter with today's close. Interesting to see how it goes tomorrow - of whether there will be the effort to push it back up, or whether sub-1.00 will be the new normal. I don't have any Parkson shares. But if there is the opportunity to trade for some quick pocket money, I'll be coming in. Since there doesn't appear to be the possibility of dividends in the foreseeable future, capital gain is the only game. However, must be reasonably confident of a strong support line first.

Dividend 2.5 sen, come down 6 sen.
Have to check its support line. See whether it has been breached. If it's not, then can speculate on a possible 20-sen capital gain when it returns to its 'normal' level of 3.00 or so. This is one of the counters which fund managers would buy.

But the bigger concern is Astro's lack of growth potential. In fact, more subscribers are cancelling due to internet-based content being cheaper and more convenient. I'm one of those who have cancelled. This is the trend in other countries too, brought about by access to fast-enough and fixed-cost broadband. When Unifi and other fibre optic expand to other areas, you'll see many Astro subscribers terminating too. How to replace them? And how to deal with the increasing cost of buying content from overseas?

The round numbers are critical and are always strong resistance and support. But 1.00 is especially critical because it also carries this "penny stock" stigma. This is okay with ACE counters or those that have just been listed. But not for counters that were once coveted by investors.

I've also observed counters that sink below this level tend to stay there for years, if they don't get lifted back up within several weeks. AirAsia, UEMS, UMWOG, Armada etc. are recent `success' cases where they had gone down but managed to recover. It's something like the English Premier League - the clubs that get relegated tend to stay in the lower division/s if they don't gain promotion within the next couple of seasons. In a way, can't blame WC and PHB - 1.00 is a "defend at all cost" line.

2/12 RHB-OSK insists this is a "Trading Buy" with a TP of 0.56. Alam was at 0.475 then. Now, in less than a week, punters who had placed faith in RHB's call would have lost 9.5% of their capital. Goes to show these analysts don't know much better than us here. In fact, I'd much sooner listen to the opinions of a few people here than to buy something based on these analysts' TP.

@AdCool Thanks for the feedback on the share buyback. Should have done this basic check myself. Previously I had thought it was "market support" whenever it went close to 1.00. Turned out it was by PHB. Cheh!

I agree with @ks55's take - just let it slip past 1.00 and thereby find its real support, wherever that might be. Could be 0.95, or 0.85. Or 0.70...? Who knows. But I think WC and family could never see it as "penny stock", and thereby being peers with 'disreputable characters'. That would be like moving from the nice cafes and restaurants at Oasis Ara Damansara and The Curve to patronising ordinary, no-frills eateries. Would be a crushing blow to the image - once coveted shares, now ignored even by traders.

I'm still watching it for signs of bottoming out. But with this share buyback, the purported support line becomes questionable.

Waiting, waiting... Waiting for the worms to come for me. (Pink Floyd)
Hallo, Mister Chairman, CEO...Anyone -- So what's the latest development on the PN17 regularisation? Specifically, what's the status in getting out of PN17?

This counter's NTA is high as compared to the present share price. But the PN17 status is a huge drag. Especially when minority investors aren't being kept informed of developments and plans.