@calvintaneng yes the bullish trend for the stock is maintained even though the stock has been overbought.Hopefully the volumes will perked up in coming days to perk up and support the price further.
2.Hopefully there is no adverse event coming out from North East Asia.
Cheers,smile:-)))

@The_Reds optimism.Not pessimism.Cheers and look forward to the next week trading.
2.Normally,any counter after a strong price trend and momentum there will be a period of consolidation.
3.Hopefully,once the consolidation is done the uptick in the stock price can be achieved.
4.Just hope that it will not break below the support price level at 1.18.
5.Barring any sudden upheavals in the global equity markets the present stock price can be supported within a narrow range.Cheers:-)))

Read the news on GE-14 which will probably in the fist quarter of next year after the Budget.
Source- https://www.themalaysianinsight.com/s/15874/

https://www.themalaysianinsight.com/s/15874/

Basing on the Technical Price Indicators -Moving Averages(MA),MACD,RSI,stochastic charts as a guidance in decision making(Buy,Sell or Hold) the followings can be deduced:

1.The short term MA line(Blue) is still above the long-term MA and the line is still trending upwards.Positive chart line.;
2.MACD line is still slightly above the Signal line showing there is still buying support momentum for the stock.
3.On the RSI chart shows the stock is in overbought situation.After the weak holders have been shaken out the price will continue to trend positively if the volumes perked up.

Outcome: The stock may undergo some technical correction after the strong uptrend in the price.Barring any sudden collapse in the local steel market price the present price can be maintained.Can also benchmark with how Ann Joo price performs next week and after.Cheers:-)))

https://www.themalaysianinsight.com/s/15874/

Investing on stocks or equities is very much dependent on one risk profile.

2.For those who can take higher risks can invest on speculative counters.Higher risk will commensurate with higher return in the form of capital gains.But with the word of caution that a proper selection of the speculative counters is essentially vital.Otherwise one can be caught big time and their investment capital shrinks with losses arising.
3.For those who have a lower risk tolerance can vouch for equities with reasonable return or DY at least above what one can enjoy from the Fixed Deposit rates.Or in short value-investing for those retirees,pensioners who are comfortable with medium rate of returns from equities.
4.In whatever investment one is buying,one must possesses sufficient or reasonable basic knowledge about the company background,financial fundamentals,profile of the BODs,the business that they are in,potential for growth,etc.At times many investors have the herd-mentality- just buying what others are buying without any rudimentary knowledge about the company.
5.Will be good IF the person can also have rudimentary knowledge or understanding on the Technical Price Charts Indicators- MA,MACD,RSI,stochastic.That will provide a useful guide and help to the person whether to Hold,Buy or Sell.

Outcome- Be clear of your risk exposure when into investing.The money is yours.Nobody can decide for you.Cheers for a happier and wonderful days ahead:-)))

Any probable chance that the counter price will gap or one up beyond 4.50 next week to re-coup some lost ground since the high high level ~5.70 reached during the mid-year 2017???

Hopefully next week this counter will gap up.All the Technical Price Indicators-MA,MACD,RSI,stochastic support such uptick in the price which is very much long overdue:-)))

Think with the latest corporate development in Alcom with the emergence of new substantial shareholders- SC Land Sdn. Bhd and RDS Bina Sdn. Bhd. something positive will emerge from this counter after things have settled down.
2.SC Land is owned by Dato' CK Lim and he has proven his corporate mettle and mark with Classic Scenic Bhd.
3.Likewise for RDS Bina Sdn. Bhd. a low profile and very successful construction group and property development company helmed by four enterprising and dynamic directors.
4.Both these two groups would not have bought into Alcom Bhd. unless there is value-added return to them in their big purchase from Towerpack Sdn. Bhd.Otherwise why throwing in good money in such joint purchase by them.
5.Normally with the entry of new substantial shareholders something will be in the offing! Be patient:-)))

Outcome: Something positive will emerge out of this development.

@focusinvestor not necessarily true.Azhar had similarly bought into Malakoff shares when he was the CEO there but the price keep dropping.Now only 1.08 from the previous at 1.25-1.34.
It all comes down to the very basic rule- end of the day,it is the fundamentals of the company that determine how the stock price will perform.

Much more work needs to be undertaken before FGV can see bright days ahead.There are too many legacy issues to resolve and mitigate completely.Not an easy feat with such a politically infested stock.

Huhuhu...waiitng for the price to tick up(to recover losses since the IPO) and then I will exit completely from this stock.Not worth the capital gains with too much mental stress arising:-(((

Another news sourced on DI from the mainstream news media-NST.
Read from source- https://www.pressreader.com/malaysia/new-straits-times/20170821/281612420518232

Read the last line of the appended news report from NST.There are others from the mainstream news on FGV DI.
Source- https://www.nst.com.my/business/2017/09/277026/fgv-denies-delaying-ceos-return-through-extended-di-proceedings

Useful and interesting article- http://www.freemalaysiatoday.com/category/business/2017/09/20/buffett-calls-pessimists-about-united-states-out-of-their-mind/

Today the MA10(blue) line is closing very near to MA20 line(red).The difference between the two Moving Average(MA) lines is getting narrower at 0.0220 with respectable volumes day by day.
2.MACD chart is positive and still above the Signal line showing good price momentum support.
3.The stock is presently in overbought situation but hopefully tomorrow trading volumes will perk up to maintain the trend and momentum move for the stock.
4.Are we going to witness a Golden Crossing tomorrow where the MA10 line moves further upwards and intersects and moves beyond the MA20 line.If that can happen tomorrow...wakaka:-))). A price upsurge so as not to disappoint the impatient holders of the AMMB stock!

(NB: I prefer to base my stock analysis on MA10 and MA20 lines.Others will follow and review on MA50 and MA250 correspondingly).

If our present core of leaders have learnt from the past mega financial fiascos that cost our nation dearly then the latest mega revelations on 1MDB,FGV,SCR etc would not have happened.
2.Holding the high public office is the trust given by citizens that our leader will do the right thing and thing right.
3.But it happens to be not the case.It is All for One instead of One for All.
4.The outcome from all this present-day trials and tribulations cost our nation dearly.History repeating itself again.
5.Sorry to say our country lack leaders of high repute,ability and endowed with sound and proper leadership ethos.
6.On the DI the other mainstream news also carried similar news reports as published by the alternative media.

Viewing the Technical Price Chart on MA10(blue) & MA20(red) the MA10 has just crossed the MA20 line this morning.
2.Probably when volume ticked up the price will follow similarly in the later part of the day.
3.Bullish outlook for the stock is maintained unless there is unexpected global upheavals beyond our control.
4.Otherwise the Technical Charts portend bullish trend and momentum for the stock.

Stay tuned:-)))

Basing on the trend and momentum move for the stock price today it seemed that tomorrow the MA20 line(red) will be breached by the MA10 line(blue).The difference between them is only 0.0025.If the positive crossover is make by MA10 line by ticking upwards and breached the MA20 line tmrw then a Golden Crossing will be achieved.That if it happens will be bullish for the stock price which has been ticking downwards for a few months already.
2.When that happens the next price resistance will be 0.90 follows by 0.95 cents.
3.The other charts like MACD and RSI support the strong price support and momentum for the stock price.
4.Today,Morgan Stanley bough and collect another 290k of the stock.
5.Using Astro latest QR as a benchmark,hopefully the coming QR will be favourable to Media.

Outcome: Hopefully bright and sunny days returns for this stock which has been on the lows for awhile.Today Gkent witnessed a Golden Crossing in the late afternoon which cause the stock price to tick upwards by 22 cents just in one trading days Cheers:-)))

Seemed like the consolidation phase has been over after the big drop in the stock price on the release of the 2QR.
2.Today trend and move momentum for the price seemed to be positive.
3.Hopefully the support momentum can be sustained for the price to gradually move up.
4.The coming 3Qr should be better to support the price at the previous closing high or higher as what the analyst has written and expected.

Hope for better days.Always stay positive:-)))

This stock is still under consolidation mode.No signal yet that it will trend upward.Will move sideways within a narrow range +-0.2 cents.

Huhuhu...Gkent counter just make a "Golden Crossing" (where the MA10 breached upward on the MA20 line) today on the Technical Price chart to record a strong uptick in the stock price of 19-21 cents today.
2.Similarly,waiting for the same Golden Crossing to happen for the AMMB stock.It is getting closer with each passing day.
Cheers:-)))

@cckkpr if you were to look at the Technical Price Chart on Moving Average(MA) lines you will see that the MA10 had just crossed the MA20 line just now to make a Golden Cross crossing.(I prefer to look at MA10 and MA 20 lines.Others will look at MA50 and MA 250 respectively).Such market indicator will signal a strong uptick in the stock price.Expects the stock price to be bullish all the way.Cheers:-)))

Golden Cross just done.Cheers to all.

Looking at the Technical Price Chart today the MA10(blue) coincides with MA20(red).Any moment a Golden Cross will be breached and a bullish run up for the stock price.
2.MACD and RSI charts presently very positive and support the bullishness for the stock.
3.Expects the stock to trend higher pending the release of QR before the end of the month.Does the move and trend momentum today portends something very good for the holder of the stock,

Outcome: Probably can trend higher in coming days.Just stay tuned:-)))

@limkokthye that can only happen IF for whatever reason the global equity markets crashed.But going by the latest news report from Bloomberg the emerging markets is just witnessing the beginning of the bull run.If things do not go wrong then such bull market as similarly witnessed in the past events will last for a time period of two years.
2.So do ensure your expectation is aligned with the present market sentiment.
3.Or you have something in your hands which we do not have?.Care to share with us to let all of us discern on the facts disclosed by you.
4.Otherwise such waiting will wear you down.
5.Not worth the waiting.Too stressful and not market-savvy.Cheers:-)))

Would it be better and more beneficial to have EPF buying back the FGV shares from the Bursa then taking the money (held in trust for large group of eligible contributors)out of the country as announced and invests in USA?
2.Which country's interest comes first? Ours or the Yankees?:-(((
3.Our country is not rich.So such mega investment is better utilised to help our country grow and developed first.National priorities have to be correct.
4.For our country to be first,great and competitive with the rest of the ASEAN countries(not yet with the rest of the world) we need capable,dynamic,thoughtful,thinking and selfless leader.Selfless leader who put the nation's interest over their personal interest.Presently,seems to be found wanting...
5.With EPF buying back FGV shares that can give the stock price a big boost then anything else that had been decided and taken so far.

Outcome: Still waiting...suffering from long drawn fatigue:-(((

Read http://klse.i3investor.com/blogs/Hebeifortune/132605.jsp

Yeah, hopefully ANZ can find a suitable well-funded suitor to buy over their stake in AMMB.
2.Last two(2) days and today the stock price is on consolidation mode.
3.The MACD and RSI charts show and support positive price sentiment for the stock.
4.The MA10 is closing very near to the MA20 graph.The difference is only at 0.0500 today.Hopefully the trend and momentum move makes for a "Golden Cross" crossover in the coming days or before the end of the week.(NB: I have preference for the MA10 and MA20.Others will go for the MA50 and MA250 respectively).
5.Today,the USA Federal Reserve Board-FRB,(akin to our Central Bank that decides on the monetary policy) is starting their meeting until Wednesday.Our Bursa and other global equity markets also waiting further direction and decisions from the FRB meeting.

Outcome: Presently, price support for the stock seemed to be positive.

Basing on the Technical Price Charts,the stock price had breached the floor resistance price 0.92cents reached on 26 May 2017.
2.The next support level is at 0.725 cents.
3.From The MACD chart the MACD line(Blue) is moving below the Signal Line(Red) showing weak price support momentum.
4.The stock is presently oversold from the bounded chart of RSI(14,14,3,3).
5.The MA10 is hovering below the MA20 line supporting the trend and moves towards the downtrend.

Outcome: Unless there is positive market news for the stock expect the price to be bearish for awhile.Technical Price Charts can provide guidance on whether to Sell,Buy ,Hold.Just to share:-(((

Just to put it simply.IF they cannot properly manage and decide on the DI how then they are able to manage a public listed company like FGV which is heavy on political intervention and presently exposed to a lot of complex issues on hand?

@GM68 one can view the Technical Price Charts for a guide to know whether the price can go up or not.Or to Sell,Buy or Hold.
2.Presently,the Technical Price Chart shows that the stock price is in consolidation mode after a sharp sell-down on 29 August after the QR announcement which was poor vis-a vis y-o-y and q-o-q.
3.The MACD chart shows the stock is presently bearish.Buying support momentum for the stock is not strong.
4.RSI chart shows the stock is now oversold.
5.Winning the new projects will not move the stock price as shown by past similar announcements.

Outcome: Will take awhile for the stock price consolidation which will move within a narrow range +- 2.0cents.Unless there is strong market news that can reverse the price trend from sideways or downward.Just to share:-(((

https://www.themalaysianinsight.com/s/15060/

Wasting quality time during weekend of citizens tuning for an important announcement.But what was disclosed and announced was an anti-climax.What a roast:-(((

Contango is a situation where the futures price (or forward price) of a commodity is higher than the spot price.[1][2] In a contango situation, hedgers (commodity producers and commodity users) or arbitrageurs/speculators (non-commercial investors),[3] are "willing to pay more [now] for a commodity at some point in the future than the actual expected price of the commodity [at that future point]. This may be due to people's desire to pay a premium to have the commodity in the future rather than paying the costs of storage and carry costs of buying the commodity today."

Just basing on the Technical Price Charts for some guidance on the trend and move momentum for the stock:

1.The resistance(floor price reached on 29 May 17) at 1.18 was breached during the trading day on 6Sept 17 before it recovered strongly the following day.The price is now hovering between the narrow range of +-1-4 cents and is presently now at 1.25.
2.The MACD(Blue Line) line is trending above the Signal Line(Red line) on the MACD chart showing some price support momentum for the stock.
3.The RSI reading is at 52.7180 on the neutral zone.And the %K line is trending above the %D(Signal Line ) on the stochastic chart(14,14,3,3).
4.The MA10 line is still trending below the MA20 line and last few trading days the stock's price candlesticks were moving and trending sideways.Caught in the period of consolidation mode.

Outcome: There were some positive indicators from the Technical Price Charts and some nibbling and punting on the stocks but unfortunately market sentiments were not so strong during last 1-2 weeks trading period.Hopefully the trading volumes for the stock can crank up to reverse the price trend.The Technical Price Charts can help to guide the investors in making investing decisions- To Buy,To Sell or To Hold.

Just to share and all the best.Do have a restful weekend break.:-)))

@Alex Foo under this AMMB forum everyone is a contributor.Every one selflessly and willing to post and share real-time market information on the stock price trend and moves,and also any news announcement.Every one cares,even though we may not know each other except through the posting and sharing:-)))
2.Agreed @casanwk that the momentum for the price support and moves are still intact.The MACD,RSI,stochastic all point to a bullish trend.

Outcome: Hope the price support is sustained and maintained towards the upside.

Thanks,@casanwk for regular updates on the market trend and moves.Such calming persona and reassuring words help to soothe frayed nerves when trading on the equities:-)))
2.Good for that you hedge your portfolio @Alex Foo.

Further news from Bloomberg- https://www.bloomberg.com/news/articles/2017-09-15/north-korea-s-missile-launch-jolts-korean-stocks-currency-again

Read further news from Bloomberg- https://www.bloomberg.com/news/articles/2017-09-15/north-korean-acts-become-like-boy-who-cried-wolf-for-markets

IF not because of this maniacal,egoistic and boisterous Kim the stock price would have reached a new high again today.After touching 4.57 at opening it settled down between 4.52-4.53.Unfortunately,scuttled by today reported missile launch:-(((
2.Trump should not try to out-foxed and tamed this madman but to stay calm and open door for negotiation.But Trump's character is equally and eerily similar to this maniacal Kim.
3.I have just cut my holding on this stock because of the latest unwarranted provocation by the reclusive regime.
4.Such unpredictable geo-political situation in North East Asia reminds me of Cuba crisis during JKF's short reign.But fortunately for the world at that time we have a charismatic and strong leader like Kennedy.But not this time with Trump at the helm.
5.Are we entering an unpredictable and volatile times over such recent event...

Read- https://www.bloomberg.com/news/articles/2017-09-14/north-korea-launched-missile-over-japan-toward-pacific-ocean

Such stock counters ONLY for retirees.
2.From observation,to make capital gains on this stock is very difficult.
3.Annually,dividend is only 5cents per unit share.
4.Even with the company garnering new projects the stock price can hardly move.In some trading periods even went down.Sigh:-(((
5.If on fundamentals,this construction stock as a medium size contractor is fairly good.

Outcome: Retirees have plenty of time and patience to wait.Suitable for them.

If tomorrow can break through the 4.60 resistance level,then the next will be 2.64 and then 2.70.We will see how the market moves and trend momentum moves for the stock.
2.Hoping that DJIA will stay up tonight or there is no sudden adverse global news development.
Have a restful evening.

To be frank,the present price support and momentum for the stock is weak or bearish.
2.All the Technical Price Charts- Moving Averages(MA),MACD,RSI,Stochastic potrayed weak sentiment.
3.The price will be on downtrend for awhile unless there is some market news or development that can move the price upwards.

Outcome: Bearish outlook for the stock.

Today trading volumes at 11.897million units is the highest for the past 3 months which is very good.Increasing volume on price recovery towards the upside show strong buying momentum.
2.Hopefully tomorrow the journey to the next high can be achieved before we break off for the weekend.
Saturday 16 is Malaysia Day.
Take care:-)))

Temporary this counter will be adversely affected by Willowgen MGO which is make at an offer price below the market price for the stock.
Dammed if you sell now at a loss.Damned if you did not sell.

@Yukimura-san ,konnichiwa and ganbatte kudasai
2.At least you try.You have exercised your mandate well even though the majority out-voted you.
3.Continue to defend your investment strongly.The money is yours.
I truly applaud on your decision.Take care:-)))

Next company AGM next years hope the investors who attended the meeting can raise the high remuneration,benefits,perks,allowances enjoyed by the BODs.But their performance wise so mediocre!.Can propose for such payments to be tied with performance achieved by the company.If say,company losing money then they are not supposed to enjoy such lucrative remuneration.Need to say more:-(((

Happy days,happy days,happy days...more to come.When in stock investing one needs patience and fortitude to ride through the temporary storm or market upheaval.
2.I have learnt so much from other forumers which help me well in my investing decision.
3.Together,we can earn some reasonable capital gains or returns from our investing choices or selections..
Take care:-)))

Read- http://www.themalaymailonline.com/money/article/malaysia-palm-oil-prices-to-fall-17pc-by-nov-dec-says-analyst-fry#tJluYL6SxBRbob2B.97

A long white candle which appears today on the Technical Price Chart show the bullishness of the stock.That provided no adverse global events in the coming days.
Gogogo AMBANK:-)))

Agreed @casanwk.That is one every holder of AMMB expect out of the stock.Hope it does not disappoint all ardent supporters cum investors of the banking icon stock like AMMB.