Not so much of dividend payout for this recently turnaround company. More importantly and moving forward, the company should continue to generate some profit for the current financial year.

Dear KC Loh, I believe you're referring to Para B3 - future earning prospect for 2014. The construction, property and water division will be key to Gadang future earnings.

Today broken resistance of RM2.69 with potential of scaling higher high in the near future.

Although the latest quarterly financial result is below expectation, however its annual pretax profit as at 31/5/13 is RM31.1 million vis-a-vis RM17.9 million as at 31/5/12. In short, there is earning growth for the company.

Based on today's paper, Prkcorp has no plans for takeover/privatisation or RTO at this juncture. If this is the case, the support of RM2.71 is crucial. Let us see the closing price for today. Good luck, guys.

Immediate support is seen at RM2.71. Good luck, guys.

Shooting star formed yesterday, indicating a possible price reversal. Let us see the closing price for today.

As we all know, between the FYE of 31/03/09 to 31/03/12, MTDACPI has been incurring losses. However, between 1/4/12 to 31/03/13, it announced a profit of about RM36 miliion of which about RM35 million is from LAD writeback. To me, it depends on how you define "turnaround". In a way, it is not wrong to say that MTDACPI has "turnaround" as at 31/03/13 which was mainly attributed to LAD writeback of RM35 million. Although it is quite common to have LAD claims in the construction industry, it may be uncommon to have LAD of RM35 million to be declared as 97% of the company's profit. Perhaps, it may be appropriate here to classify the LAD writeback of RM35 million as "one off gain"/"extraordinary gain". In any case, the LAD writeback RM35 million is history but more importantly, moving forward is to track the company's financial performance ie the coming quarterly report as at 30/06/13. Although Tabung Haji has been dumping its shares for some time, it will soon run out of shares to dump. Hence, the RM0.55 support is crucial in light of Tabung Haji's action until the next quarterly report is out of which MTDACPI's share price may then take a new direction depending on how the market perceive the company's performance.

Expected to test RM3.00 again tommorrow. After that, sky's the limit.

With ESOS price of RM1.48 vis-a-vis current price of around RM2.10, it is not surprising for ESOS holders to continue selling shares as cash is required to celebrate Hari Raya. However, selling pressure should taper off before the release of quarterly financial results coupled with dividend announcement next month.

Selling pressure very well absorbed, price holding steadily. Expect commendable quarterly financial results next week or so to boost price further.

Broke resistance of RM1.81 with volume gradually picking up,

Of late, share price under selling pressure. Kudos to the Director in buying shares to stabilise price.

Quarterly financial report should be out before 31/7/13.

Its common for this stock to have intraday price swing (eg. more than 10 sen) when there is heavy trading volume. More importantly is that price did not close at intra day low of RM2.49. Price is holding quite well to selling pressure for now. Uptrend still intact to test RM2.69.

Expect commendable quarterly results to be announced end of July/early Aug '13.

Already kept the stocks into the refrigerator, expecting commendable results from time to time.

Agree with you, ykinvestor. Its common for this stock to have intraday price swing when there is active trading volume. Price is holding quite well to selling pressure for now before testing the high of RM2.08.

Yes, at times the queue would continue to change when there are price movements. This afternoon, the buying queue of RM1.94 and RM1.95 stood quite for some time while the price climbed back to close RM1.97.

This afternoon, strong queue to buy at RM1.94 and RM1.95 to prevent price from dropping further.

Strong support anticipated at RM0.88. However, RSI is hooking down from an overbought position with high selling volume.

Agree with you, Pradeep. Demand is gradually picking up.

Just Do It, back to RM2.46

Once the acquisition of a piece of land in Section 13, PJ is completed, wait for the announcement to build retail and service apartments on this land which will contribute positively to its income.

Favco up RM0.30, this share only up RM0.05 ???

successfully made U turn.

Ehhh ??? Already pulled handbrake ??? Must release handbrake in the afternoon.

Dropped a lot from a high of RM2.46. Successfully made a U turn, charging up, from 2nd to 3rd gear...

Agree with ykinvestor. Hopefully, can break RM1.90 and absorb selling pressure in the afternoon session.

I doubt the minority shareholders (still holding on to stocks purchased above RM1.00) will okay to RM0.836.

Try Pantech-WA, poised to break high of RM0.54.

Dear derrickinvestor, sold mine at RM1.29 as i had switched counter. A profit is still a profit and not to worry though, market is still bullish with other counters to buy as well. Expect market to gain momentum into mid July 2013. We can relook at LBS when it correct later.

Pantech-WA should test the resistance of RM0.54 soon.

Sold mine as well. Lets wait if there is any opportunity to buy back in future.

Let the minority shareholders decide, whether GO or NO go.

In any case, Pantech has taken measures to mitigate the potential loss in revenue which is not significant. Just hope to hear announcements that it has secured new contracts in the future.

Correction may not be over for Redtone-WA. Lets hope for good news in the near future.

If Favco move up, good new also for Muhibah

Thank you, Teo. SBCCorp looks promising if price can continue moving up, hopefully.

Good for you, Leon. The granting of licence by Petronas augurs well for the company as it will then be able to participate and compete for future projects. With its existing orders in hand coupled with the strong earnings reported of late, price may continue to rise with some corrections along the way.

Dear Kahfiehlai, The current price is still below the 20 day EMA line, GMMA is still weak coupled with low trading volume. However, the RSI is well below 50% suggesting an oversold position due to the dumping of shares by LTAT. Although price has been hovering around RM2.00 mark, its not the time to buy yet. You can consider buying when there is marked improvement chart wise in the near future. Most importantly and hopefully LTAT has stopped dumping their shares.

It is not surprising to be optimistic since price has of late increased quite a fair bit. May even surpass the latest TP of RM1.90.

Pantech is saying that the export of its stainless steel pipes to US will be affected. However, Pantech expects about 3% of its revenue for FYE2014 be affected. Kudos to Pantech in taking mitigation activities/initiatives eg. increasing output of other products such as stainless steel fittings and exploring other markets for its products.

Let the minority shareholders decide.

Dear ginny115, price went up too fast and is coming down.

Almost reaching the resistance of RM1.32. If cannot cross RM1.32 convincingly, its sayonara.

Let's hope US market is still OK. Since RM1.75 resistance broken, sky's the limit.

Someone is accumulating this stock, selling pressure well abosrbed (especially during lunchtime), for now. Let us watch how the price move, my first benchmark is for the price to break the high of RM2.80. After that, sky's the limit. Most importantly, the shareholders must resist the temptation/urge to sell when the price is inching up.

Slow and steady, gradually moving up towards resistance of RM2.80.

I must thank Mr Ooi for his weekly gathering, learnt a lot from him and made some monies, too. Thank you very much, Mr Ooi.