be cautious... going down further...

nice call

Kawan Food manufacturing unit temporarily stops production due to Covid-19
Arjuna Chandran Shankar
/theedgemarkets.com
June 14, 2021 19:54 pm +08


https://www.theedgemarkets.com/article/kawan-food-manufacturing-unit-temporarily-stops-production-due-covid19

wait 0.095 then 0.070...

TENAGA profit will under some pressure due to the rising COAL price....
Aug20' - USD50/T
Oct20' - USD60/T
Dec20' - USD80/T
Apr21' - USD90/T

https://tradingeconomics.com/commodity/coal

just keep it~

keep it~

we can gauge at end of April where is it heading...

Nov 2020 - consolidate around 2.80 for around 40days then drop
Jan 2021 - consolidate around 2.10 for around 40days then drop
Mar 2021 - consolidate around 1.70... if around 40days is mid/end April...
then up or down... tak tau...

fundamental is nice~ just that the wind now blow against it...

that's why Consultant also gauging what price is best to enter...

what price you going to start buying? haha

looking good~

no trading because you guys no top up to buy more la... hahaha~

later you see it close at where it open... hahaha~

it will hovering up and down, if close above 5.60 then other story~

qr probably next week

1.90 - 2.00 soon... but after that maybe reverse back again...

careful guyz...

wait for 0.080 and below~?

catch it before too late

possible to rebound from current 1.70 up back to 1.90-2.00 before further crash back lower...
trade with caution...

good luck...

come to me 2.20~

next stop 3.30?

Careful.. look at TOMYPAK...

too steady~ cannot move~ ^_^

target private placement of 134mil shares...
up-to-date already done 90mil shares... still got 44mil...

scgm dive steeper than tomypak, bpplas, scientex due to its exposure in pandemic theme on MASK... but it also benefit most from it when it rise rm1 to rm3... now not looking good...

careful and don't consider jump in until at least MA50 is going uptrend~

just listen to paktua~
paktua tut tut advise is quite accurate~
:)

careful of falling knife... good luck~

remember must read TOMYPAK and BPPLAS QR probably announcing this week in order to gauge the impact of the resin price... see they got reveal anything or not...

RainT... just like many GLOVES counter also... FA super strong but stock price going south...

not bottom yet... careful~

good thing for SCGM is that the coming QR is on March... while TOMYPAK and BPPLAS is probably next week end of Feb... so we can see the plastic packaging is heading north or south overall...

good luck~

the only concern is their cost is rising...
http://www.theplasticsexchange.com/

Yinson too heavy...
if you superimpose UZMA and YINSON price chart you can see their similarity of movement...
but UZMA jump high since 3 days back... YINSON still too elephant weight... hope it will follow soon...

so fast? i think need 2-3months... but uptrend seems confirmed...

https://www.globenewswire.com/news-release/2021/02/03/2168910/0/en/FPSO-Market-Worth-USD-17-30-Billion-at-14-3-CAGR-by-2027-Owing-to-Presence-of-Established-Manufacturers-in-North-America.html

SCGM getting weaker in terms of technical...
careful guyz~

no RSS so far for today...

the question now is how low it will go before it go back up...
2.90? 2.70? 2.50?

high covid19 cases might make another negative impact if gov temp halt the construction site...

wow drop so crazily...
next stop 2.75...

downtrend still intact... careful guyz...

Big Fund wanna buy at lower...

careful falling knife~

RSS volume is high... wanna purge out retailers...

Michael Kwok: 1.80 probably 10-15 trading days...

its subsidiary Lee Soon Seng Plastic Industries Sdn Bhd ("LSSPI"), only the stand-alone die-cut packing machines would be shut down for a 7-day period until 24th January 2021.

SCGM if close below 2.10 today then habis.....

i think SCGM no do gloves...
but it is in PPE production of face mask and face shield...

big drop with low volume is no good news...

http://johor.chinapress.com.my/?p=855616

2 pax confirmed... others waiting result....