The other question will be goreng, it looks supported at 0.125. Wait for T3/T4 to clear for it to go up?

butter_will_fly.. same question on my mind now.. the quarterly report. But what thick orderbook do you mean?

Once mike n swing back, salcon moving. haha.. next luster? :P

Look at the market today... Feel like zzzzzz

Salcon is ooming!

Bro ulutrader, thanks for sharing. Good to learn from all. :)

Perhaps change a ID and post? hehehe

Bro chinesetea, how do they bill the sales ya? First time analysing property stock. Care to share more? Thanks. :)

0.15 first. hehehe..

lol.. Go to Financial section of the stock and you can see the P/E ady. P/E 1500... :P

Google Trailing PE and Forward PE to learn.

Nope. Dun have barakah. Can consider to cut n switch to other counter lo..

Bro hepitrade, u have holding in barakah?

What's the problem with China ya? Shanghai dropped 2%

Bro rooney2u, ya man.. sad not to have him to join here. Hopefully he will post more in the evening. Wonder if Luster's strength still continue or not.. Salcon too. Will have to pick up.

Bro smalltimer, put Narra into watch list ady. What's up there?

Ya. Q at 47. haha. Hold and wait. Medium term holding. The rest all ST. lol

Hi all, Daya all sold ady?

Bro smalltimer, Luster make it 0.18.. sap fatt! Lunch time!

Bro zu1967, looks like system down is good for u.. Can shoot bullets now. haha

Sell 63, buy 51 a loottttt, sell 57 half then keep the rest.. haha. who has that perfect timing?

Rebounded a bit.. Sweat man..... Suddenly all kaput.. Anyone got hands on IRIS?

Wah. Presbhd running.

Sifu really sifu.. Can know how it can go. :)

Bro 31153115, u in? hehehe

No gap up for daya wo... surprisingly.. But luster .135-14. in?

Good morning all. There's a news related to Luster:
OTHERS - ACQUISITION OF SHARES FOR A TOTAL CONSIDERATION OF RM2.00

LUSTER INDUSTRIES BHD.

Type Announcement
Subject OTHERS
Description - ACQUISITION OF SHARES FOR A TOTAL CONSIDERATION OF RM2.00

The Board of Directors of LUSTER INDUSTRIES BHD ("LUSTER") wishes to announce that its wholly-owned subsidiary, Luster Precision Engineering Sdn Bhd (“LPE”) had on 24 February 2014 acquired the entire issued and paid-up share capital of Pembinaan LSP Jaya Sdn. Bhd. ("PLSP"), a private limited company incorporated in Malaysia under the Companies Act, 1965 on 19 February 2014, with an authorised share capital of RM400,000.00 comprising of 400,000 ordinary shares of RM1.00 each, of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up, for a cash consideration of RM2.00 (the "Acquisition") from Puan Hasliza Binti Mat Hushin and Puan Farah Hasnina Binti Abd Hadi.

Pursuant to the Acquisition, PLSP becomes a wholly-owned subsidiary of LPE. PLSP is presently dormant.

None of the Directors and/or substantial shareholders of LUSTER and persons connected to them have any interest, direct or indirect, in the Acquisition.

This announcement is dated 24 February 2014.

Sifu mike, any effect on share price?

butter - just an indicator right? so how do you see usually? still learning.. hehe

Sifu mike, thanks for the recommendation today. Feel more confident after in Luster today. hehe. Buy luster, sell daya tmr after gap up. :)

Bro swingtrader, aiya.. Go do marketing pulak.. Swing here n there better money ma. Get one in office can sit there work + swing. lol
Anyway, all the best! Can post your comment here early in the morning too. heheh

http://klse.i3investor.com/blogs/fiboex/46002.jsp

What do you all think?

Thanks all for the update/recommendation. wanted to top up but didnt hit. should just hit the seller price. haha

Hi all, what do you think about Luster?

Bro Richmond168, thanks. Have to sacrifice a lot of things and focus. So think before you take. haha. Good to hear that you earned pocket money today. Really impressed by how you guys go in n out.

I see. Should I just queue to sell first? haha.

Bro psd57, what frog ah?

A lot done at 0.71.. Me too..

Ya man.. richmond168 is missing since yest. Hope he's out. Bro swingtrader, any other pick? Hexza opened high today.. Didnt go in.

ya I think so too. If test .70 resistance will go higher ady.

Thanks psd57 for your comment on Marco. PE only 8x? Mind sharing how to determine PE value?

Good morning everyone! Salcon today?

Bro swingtrader, yea.. Extol is a bit high risk. Hexza is better but still low volume wo..

Bro Richmond168, half working half studying... best is to do full time. but must earn a living so no choice. Level 2 requires a degree, max max ur frens can do Level 1 only.

Bro richmond168, just completed last year. Nightmare for 3-4years. Not widely recognised in Malaysia yet, maybe some time in the future.

Bro swingtrader, I am thinking of getting a bit of Extol to see see too. :)

Bro richmond168, ya, super low rate. Back in school time, 40% is our passing mark. But for CFA, 40% is their average passing rate. In Malaysia, I think 1 out of 3/4 candidates pass in each sitting. lol..

mfaizal - so sure? extol extol extol.. haha

Thanks for your sharing on TA. Good to learn from all of you here. :)

Also they have given out biggest dividend of all, and the lowered retained earnings could potentially indicate that the future growth might not be there (no big plan in expanding business). Also EPS/divi payout might be diluted by the number of shares outstanding after conversion of warrants like what you suggested just now. :)

Bro Richmond168, what I think about marco is the sustainability of the revenue given higher inflation/lower consumer spending power this year. Besides that, the higher operating expenses recorded during the latest quarter also caught my attention by what exactly is the item spent on (they did not give further explanation on that, only mentioned higher operating expenditure).

Something I notice on their share price, it tends to shoot up once a while, then come down over time. Goreng up for the larger shareholders to gain some profit then buyback at lower price?

And yea, follow sifu mike's guidance will be good enough and safe.Btw, are you taking CFA?

Bro swingtrader, thanks for your reply and opinion on the warrant. Selling pressure would remain it seems. I have sold my warrant at loss, wiped out my gains past few days. pain! Hope to recover this week.

Good night all, great to have all of you here.

Bro Richmond168, am doing some FA on certain stocks, Marco was one of them. Stil learning n need to get more experience. TA will assist in determining entry n exit price, right? Currently only learn from some websites and readings. This place is really good to learn skills from all the experts. :)

Thanks bro Richmond168. Bought in the warrant and cut loss ady. My biggest loss n mistake ever.. sigh.. Lesson learnt.

Any books to recommend for TA? Wanna learn more and hopefully can contribute to the ship here.. hehe