chinesetea

chinesetea | Joined since 2013-08-14

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General

2014-03-10 16:27 | Report Abuse

1n1792. Have you not bought today at bargain prices? London is beautiful these few days. Hope you enjoy

Stock

2014-03-10 16:13 | Report Abuse

This counter like ecoworld is supported by major fund. Those who sell earlier will regret and buy back later. That's for sure. Close monitor and you will earn more.

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2014-03-10 15:51 | Report Abuse

The author of sin Jew must thank you to sell to him cheaply. Don't look at the news too much. Is Dsonic expensive? You have to compare with others counter like iris and Myeg. Go and buy those low pe stock that never rise. You cannot compare Apple to Orange by simply comparing Dsonic with blue chip and furniture stock. Low asset company like tech stock will have higher pe. Stay vigilant and don't kill the golden goose like what unclez said.

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2014-03-10 04:43 | Report Abuse

Ckl4717, it is a tragic that will affect MAS, but I don't think that will cause reduction in air traveling. Travelling by air is still far more safe than driving a car. Malaysia airline still have one of the best record. If MAS is affected, then Brahim may be slightly affected but only short term. The stolen passport will definitely cause the government to review the security of the onboarding to plane. This may increase the chance of mandatory of renewing passport world wide or at least in malaysia and airport will use the latest biometric technology and face recognition. Us and uk has introduced such measure since the 9/11. This will certainly positively affect Dsonic. For the time being lets not speculate too much and pray for the family who suffer.
LIFE is much more valuable than shares and be sensitive and do not put any sensitive comments that put salt on the wound.

General

2014-03-08 01:23 | Report Abuse

Does that mean they cannot play margin anymore?

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2014-03-07 21:46 | Report Abuse

A very nice close. Today it hit the historical high of 4.85. Hopefully it can break it like inari on Monday.

General

2014-03-07 19:23 | Report Abuse

Guys I need your help. I have shortlisted some shares and want to reduce the number of holdings. Can you vote 2 or 3 to be removed please. I bet you will not vote DSONIC :-) as I am going to top up more when if there is panic selling on Monday, haha.

DSONIC
CBIP
COASTAL
ECOWLD
KAREX
LATITUD
MATRIX
MKH
OCK
PJDEV
PRESBHD
PUNCAK

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2014-03-07 18:52 | Report Abuse

guys, Take note.
CPO nearly hit 2900 !! See all the futures price
http://www.palmoilhq.com/crude-palm-oil-cpo-futures/
IDR is stronger day by day

http://www.xe.com/currencycharts/?from=USD&to=IDR&view=1Y

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2014-03-07 17:48 | Report Abuse

it will only affect food counter like zhulian. Will you stop renewing your passport or IC?

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2014-03-07 17:47 | Report Abuse

Yeah!! Finally someone realise this great company. One of the best counter in the KLCI.

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2014-03-07 17:43 | Report Abuse

Anwar bought Dsonic?

General

2014-03-07 17:35 | Report Abuse

TAFA, poh huat, undervalue shares but low volume, a bit like Hevea, homerizt, Up down Up down all the time. Better invest in Latitud if you are after furniture stock.

DSONIC - In fact I am going to queue again on monday if there is any correction, hope there is panic selling :-). I am reducing number of counters from 12 to 10.

MATRIX - Luckily hold my trigger and was about to sell.

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2014-03-07 17:28 | Report Abuse

asamlaksa, good observations. It has already rise for RM1.00 in a month. Where can you find such counter. For those who bought at 3.92, don' t panic as you have become the history of the new low next week ;-). Let's it rise steadily and don't play contra. I will take this opportunity to buy at 3.8 (if there is still chance on Monday) if you have already bought higher and you will not regret.
It is still extremely cheap compare to MYEG. I think the story will be much different when there is one announcement of new contract.

General

2014-03-07 17:11 | Report Abuse

What a roller coster for dsonic. I am sure there are people panic buying and also selling.
uncleZ seems to know someone is going to take profit and calm us down before hand.

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2014-03-07 17:04 | Report Abuse

Absolutely, don't make a good fundamentals counter to become a goreng one. If rise too much without news will attract unwanted uma. If you play contra, you will definitely get burned.

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2014-03-07 16:54 | Report Abuse

Listen to what unclez said

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2014-03-07 16:20 | Report Abuse

Let it rest a bit and I am sure it will cross convincingly soon.

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2014-03-07 16:13 | Report Abuse

Rm4 next week is imminent. Bull is too strong. Look at the buying queue!!

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2014-03-07 15:20 | Report Abuse

Yes just wake up. Push!!!!

General

2014-03-07 07:42 | Report Abuse

Well said. Don't make your remindser rich :-). Good night and hope to see all green when I wake up. Kekeke

General

2014-03-07 06:23 | Report Abuse

Why do you need to know that? Cbip bought a long time ago. Suiwah only recently but very small amount.
Suiwah volume is very low like many good undervalue stock.
If you cannot wait, you can swap to other counter first as there are lots of bull counter. Then come back to it later near the quarter result. I may be wrong. It is really up to you.

General

2014-03-06 23:59 | Report Abuse

Thanks GogoChiao, you are wise. I bought inari at rm1. Just feel greedy to want more. Need to concur the fear and GR$$D :-) Sometimes it is good to have someone to give advice. Indeed I have missed the uptrend of some stock by selling too early to chase other stock and then buy it back later.
Ok,ok, I'll switch off the monitor.

General

2014-03-06 23:15 | Report Abuse

guys, inari seems breaking high as well. What do you guys think?
So many bull counter to follow.

General

2014-03-06 22:41 | Report Abuse

Budakampung : DSONIC. Buy as soon as possible tomorrow. MKH second. Kretam = ketam = crab = crap

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2014-03-06 22:34 | Report Abuse

where is tsumani :-) so quiet. 暴风雨前的宁静 (Quiet before the uptrend storm)?
Doji is formed.

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2014-03-06 20:18 | Report Abuse

sosfinance, Yinson is great but how far can it sustain (I am not bashing, just a genuine question)?

Dsonic is another one. Bought at rm3000 last year. Split into 5 and now each of the 5@RM3.7 become RM 18,500. Some even better if they bought before the bonus last year.

The 5 is going to be 10 because of 1 to 1 bonus. Coastal may follow YINSON footstep as well.

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2014-03-06 19:13 | Report Abuse

I have observed that brahim trend also like this. The price may be down a bit around fixing date or after announcement and then bounce back to further up. Yinson also like this although the PP reason is to expand business.

Hope after the news is out, this is heading above 4.8 to the target where it should belongs after fantastic result and future prospect.
Kekeke :-)

General

2014-03-06 19:10 | Report Abuse

Brahim rise up nicely today, congratulations to brothers who hold this. The PP seems does not have any bad effect on Brahim since announcement in September.
I see the price fixing date is 27. The price drop a bit and then rise like rocket. There are six tranches of coastal PP. So may be there is an opportunity to buy when you see 5 consecutive price correction. Just my 2 cents

Stock

2014-03-06 18:07 | Report Abuse

So strong. Looks like tomorrow will break new high.

General

2014-03-06 17:42 | Report Abuse

Remember what uncleZ said, when the market is in bull, you suddenly hear all this and that counter that goes up daily and your fundamental counter stay unmove and start to have doubt on your wisdom(OCK :-) ) .

Takaful is expensive old man. It gradually move up but it can sustain.
I am waiting for the right price to enter some day.

These hot penny counter we hear every day, up/down every few days give you too much emotion. I take profit and sold all my penny stock already and now only have this old man OCK stock.

So make sure you don't kill your golden goose to buy something you don't know and avoid penny stock.

Few days ago give you a glimpse on how quickly things can turn bad in one afternoon when the war news was announced. Examine which counter stand firms and make sure you gradually put some money aside for those fundamental counter to preserve your equity in crash.

Now we are business as usual and use up all our bullet. Remember to take profit for weak counter put aside some bullet for the next bargain, it may be round the corner. When everyone buy, you sell :-)

General

2014-03-06 15:34 | Report Abuse

UncleT only recommend two stock for last two weeks. Coastal and Takaful. I choose coastal because cheaper. Takaful earning is great. The volume is low but who knows it may give bonus or split to increase liquidity. This may be possible !. I top up few stock recently and all kena bonus , Karex, presbhd, Dsonic. May be mkh will be next :-)

General

2014-03-06 15:21 | Report Abuse

Guys , if you don't like mkh, grab some plantation stock or Cbip. It may goes above rm4 soon. Talk to later. Just woke up :-)

General

2014-03-06 05:46 | Report Abuse

Zoomboom , thanks for sharing. It will only affect domestic market. Coastal is an international company. With nearly 2.5billion contract in the book that will keep them busy for many years.
http://www.offshoreenergytoday.com/coastal-contracts-to-supply-372m-jack-up-unit-for-pemex/

General

2014-03-05 23:13 | Report Abuse

But be cautious yinson placement is for expanding business. So cannot be compared like to like

General

2014-03-05 22:55 | Report Abuse

It may happen until 3rd quarter using up 6 tranches. So the higher the price, the less PP they need to issue to get the working capital to buy OSV. The original calculation was using 3.81. If it can maintain current price, the dilution will be much less.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1550501

General

2014-03-05 22:37 | Report Abuse

Thanks Siva. I think it already announced the day the quarter was out so the price may already factor in.
If it drop, then I may take this an opportunity to top up.

You are right that about the price. They use the average of 5 days price. If the price is higher, then they can sell it to the private to get more fund (it's like printed money that change value). Good thing is the price will not drop too much or else the no want will want to buy the PP.

Different case may be different, yinson shoot up after PP.

Up or Down, I don't care much as my target is not 20, 30 cent. It's much more than that in one or two years time.

General

2014-03-05 22:09 | Report Abuse

Invest, before September last year, I only own CBIP, Takaful and inari. After the syria crisis, I sold my takaful and enter DSONIC. There are also many counters that I bought with small amount like GTRONIC, coastal, LBS, Genting Malaysia, Tambun and etc. These shares come and go and I am restricted to 10 for myself.
Some of them I buy and then take profit or cut loss shortly. I haven't mentioned coastal because it was stagnant for quite sometime. Also sometimes need to collect stock first without telling everyone, a bit selfish lah sorry :-)

For example, I bought inari@rm1, takaful@rm3, dsonic@rm3 and recent latitude @1.8, mkh@2.9, suiwah and iris.

Anyway I only recommend good stock here as we discuss undervalue share here. I always want to keep something for long term so that I don't need to look at that everyday. Too much news can affect your emotion and make the wrong decision.

I hope everyone here can study the effect of private placement and then we can discuss so we are not ignorance.

General

2014-03-05 21:44 | Report Abuse

Coastal up mid Feb partly because of the billion contract. Down because of war. My guest is they also want do p.p. last week but didn't expect price dropped suddenly. Quarter result excellent. Now they are building it up again. This is just speculation. Without this, I am still extremely happy about the fundamentals and future prospect. Check my post few days ago about coastal.

General

2014-03-05 21:37 | Report Abuse

Many opportunity to buy latitude until subsidiary result is included. Coastal , catch it while you can but be aware of the p.p. issue, it build ships and boat and you may miss it :-). You are late in the party but may still have chance. My highest price is 4.47 and lowest 3.
You can buy coastal first then latitude.

B/s at your own risk.

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2014-03-05 21:09 | Report Abuse

Oh yeah @rchi where there is meat we gather :-). Dsonic 2 in short blast mode. Have been collecting since rm3 and last few days average rm4.3

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2014-03-05 21:00 | Report Abuse

The issue price of the Placement Shares will be determined and fixed by the Board at a later date after receipt of all relevant approvals for the Proposed Private Placement (“Price-Fixing Date”). Based on Paragraph 6.04(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”), the Placement Shares may be issued based on a discount of not more than ten percent (10%) to the five (5)-day volume weighted average market price (“VWAP”) of Coastal Shares immediately preceding the Price-Fixing Date.
The key is the fixing date that has not been determined. So prepare for price movement soon.

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2014-03-05 20:51 | Report Abuse

My thinking is the higher they pushed, the more fund they can get from pp.The price they decide will become a major support price because they will unlikely to sell below that. Short term it will cause the price drop a bit but long term still in tact. Am I right rchi?

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2014-03-05 20:20 | Report Abuse

rchi, how do they decide the price pp price and when it is fixed?

General

2014-03-05 20:15 | Report Abuse

Coastal is very bullish and I think still got room to go to retest 4.8. price. Looks like it's in the wave 5 like MKH and may exceed the previous height. The only concern is the PP. I think it will be down a bit when pp start and then it will back to business. So remember to catch the next opportunity to buy cheap when it down again.

MKH quarter is not good but it may be propelled further if the CPO price hike because of the El Eino effect. Any palm stock will be good if this happen. Look at most commodity price and it looks like market is betting on it to happen second half of this year. The current sentiment is good because of Russian retreat.

PJDev wave is looking good and may take position. Don't go into any counter that you don't familiar with. Study the business.
Sometimes, this may be fake by someone else. So trade at your own risk.

General

2014-03-05 18:24 | Report Abuse

I have to thank uncleT. He talk about thissome everyday for last two weeks :-)
The most boring stock at the moment is Ock. Really testing my patient.
Still have some spare cash after grabbing some inari at cheaper sales.
I expect some profit taking soon and will grab more again.
Today cbip and ecoworld also good today.
Fundamental company always come back stronger.

General

2014-03-05 17:26 | Report Abuse

Coastal - You never know but as we discussed using the chart few days ago, that was the best time to buy. Remember we also talked about the MKH chart and it turn out as expected.

Coastal target is long way above. However, I am not sure whether the price is sometimes artificially pushed for the private placement or issue warrants. May be other member can share the experience how they do that as I vaguely remember they have to find an average price of last few trading days.

I will not buy any more for the time being. Buy low and not chase high.
May be look at which counter that has not performed well in the last two days and buy them. May be pj dev, I don't know as I am not familiar with the counter but still got potential from the chart.

Latitud - waiting for bargain for this. The figure is very impressive. Amazing EPS for last two quarter.

Wait for next major correction or another camping of Russian. Only start buying when the basher comes out. Follow them and you will get something :-)
Hope we have learnt something this round and prepare for next.

Don't forget to post some good counter here when you see correction.

General

2014-03-05 16:59 | Report Abuse

Mother coastal take turn today. Still not reaching previous peak yet.
Yippee. Child also good. Not sure why Dsonic not working today, possibly contra player force selling.

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2014-03-05 06:15 | Report Abuse

Prepare for the bursa announcement today to rename counter from Dsonic to Supersonic :-)

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2014-03-04 22:04 | Report Abuse

林俊松 , Latitud not good for you. It need holding power for a year and you seems to sell too easily after small correction.