pzul - sorry, mmsv just started moving up again

pzul - Better to look at dnex (Wave 3) and mmsv (good FA, consolidating at the moment)

pzul - All stockists have to close their trades in the same day, so churning for a 1 sen gain is quite common. Retail traders churning?? So far, the boss CCS has sold about 15 million of which 3 million was an off-market deal. Since stockists cannot hold stocks, perhaps the more relevant question is who bought? Retailers like you and me?

I have also checked the Focus article on MPay - madiba said that they retracted the article but there is nothing in the latest edition.

So, what is going on, really??

Bro sunlight - many thanks for the TA reading on Ideal.

tm932 - noted and thks for the TP info

tm932 - DNEX now in play

Good morning Connie. Nice to see duit breaking his silence.

And to bros. tm932, yong888,sephi and profitman, please continue to post here as I find your experienced calls very educational. Wish I could trade like you guys!!!!

Good morning TCB si-fus and si-heng.

Will be most grateful for an updated TA reading on MMSV (LED seems to be in play - qtr report awaited) and IDEAL (proposed acquisition proposal, profitable company but with lower eps this qtr).

yong888 - if you want to trade DAX etc you can use Saxo in Singapore (worldwide trading)

bullbear777 - dun worry, all news are welcome as long as there is no ulterior motive.

wee888 is correct. Let's see what happens during today's trading.

tm932 - no problem there, it's still on the move.

N thanks, Connie, for the reading. Looks like it will breach 42sen, the old high.

kuya hawk - seacera is fast approaching 1.44. do you see it breaching this level or would it go into a w4 correction? if w4 correction, what would the retracement levels be?

tm932 - mmsv fundamentals have changed and is now very positive. strong orders for their products and good margins. infact, they issued a 1 sen dividend recently in July 2014. good quarterly report expected soon - see the current volume and price spike

It is unfortunately a buy and hold stock - low float and uninteresting buy/sell volumes. Based on technicals, it can trade to 45 - 51sen but long term, if orders flow and profit rises, it can reach RM 1.00

MMSV is moving too. 1st TP 45sen, 2nd TP 51sen. Good quarterly report expected within 2 weeks

Ideal finally broke 60sen. In line with your TPs, should be on its way to 80sen.

Thanks for the reading, Connie. Looks like rectangular trading for GSB then until the quarterly results are out. In the meantime, I do see a lot of accumulation in this stock.

Good morning Connie - looks like the US markets corrected only slightly over the last 2 weeks and are expected to consolidate (16250 is still the level to watch for the DJ - any break below signals a more serious correction).

Just had a look at yong888's new home - he's having a good start.

Any technical views on GSB and MMSV? I am still sitting on these 2 stocks.

Good morning yong888. Like your new home!! And I see you are attracting quality and premium forumners. Ah, if you were a sweet gal like Connie, your new home would be inundated!!

pzul - nowadays busy with work, so seldom log iN.

Anyway, as of yesterday:
1. Major shareholder sold 3mln+ shares at 30sen in an off market transaction. Now, who could possibly want the no-value shares??
2. A lot of accumulation yesterday at 29 to 29.5sen - must be a crazed punter?? And all sorts of "news" to get retailers to sell (share float is not very high).
3. Yesterday was T+3 for the high volume + price spike last Friday. Today is T+3 for the follow through buying/selling on Monday. So, don't expect to the share price to go up unless strong buying kicks in from 3pm onwards.
4. If Focus etc were all conspiring to ramp the share, why would any major shareholder want to sell to bring the price down? To halve his own net worth??

DreamM's comment should be considered also - if the share is gorenged, it is actually good for the major shareholder etc.

The price direction will be clearer after today's trading.

Connie - Actually, I'm looking at point where our market rebounds. It looks like our institutions are selling - blue chips and stocks held by EPF are down but the RM is steady. Foreign funds should be buying around 1842 to 1845 unless this situation develops into a full-fledged correction which seems unlikely.

For the DJ, bottom of uptrend line is 16250 and that seems to be holding. So, if DJ and S&P hold tonite, KLCI should rebound from a long overdue pullback!!

I see the 200dma for KLCI at 1842

Connie - what is the support level for KLCI

pzul - Heard from close fren that Global Blue (Iris JV partner) has stated that they won't get the eTRS project. That leaves Mpay with a clear home run.

Kuya Hawk / topaz - Heard from close fren that Global Blue (Iris JV partner) has stated that they won't get the eTRS project. That leaves Mpay with a clear home run.

pzul - time to take a position!!

Good morning Connie - bad news for Ivory, they are backing out of the Plaza Rakyat project.

Alexofb2b - I do think GSB appears interesting. A lot of contra players squared off at the end of trading throwing at the buyer(s), so someone must have swallowed the 4mill sellers. Let's see what happens tomorrow.

Kuya Hawk - many thanks for the update on Dbhd. Heard some talk that something is brewing there.

Kuya Hawk - do you see DBhd completing its ABC correction and starting a new wave 1?

Alexofb2b - I note that you were in CSL recently and that's why I asked you about XDL. China has started their own QE - is that the reason for china counters moving? But not XDL?? This counter seems to have been sold down for a long time and even the HK sharks have disposed all their shares.

Alexofb2b - GSB doesn't need a lot of buyers, just a few players all buy 1 mill each considering the low float, haha! Anyway, Calvin has done some research on the stock and it does appear to be a recovery stock with strong upside.

Yes Connie dear. Was looking to sell earlier but will perhaps hold a bit longer.

By the way, Alexofb2b may be on to a good thing - someone seems to be accumulating GSB.

Connie - thks for reading Ideal. See what it is doing now!!

zu1967 made a trading buy call the last two days and this morning, he is already out - too many roadblocks. Looks like a lot of overhang to clear before it can move past 25sen.

horriefic - duit's blog is at http://duitkwspkita.tumblr.com/

Good morning Connie n thks for the Ideal info. This looks more like a goreng stock with most of the accummulation between 28 to 33sen, so the lower TPs may perhaps be more applicable.

Have been busy lately with work and only have some time to read the postings late at night. But it is good that so many FA and TA sifus are posting here with excellent analysis and or observations.

I wonder why there is not so much interest here in MRCB-WA (6x gearing)even tho' the mother broke thru 1.68 convincingly. Hopefully Kuya Hawk will look at this counter and post it as one of his recommendations.

Good evening Connie. Yes, this thread is getting "hot" but it maks for more variety and amusement!!

I see that Alexofb2b is active here and he has made some very good calls including CSL which most do not touch as it is a china counter.

Alexofb2b - can you please let me know how you gauge XDL? Any movement similar to CSL?

Connie - by the way, I asked you about Ideal sometime ago. It has reached 54sen and looks set to break 56sen. Any idea about Ideal's TP for this wave?

Good morning Connie. N of course belated congrats on your breaching 10,000 posts (n well on your way to 20,000).

Nice to see that your thread is attracting a lot of "premium" forumners who give good observations on various stocks. boon3 seems to be missing after some unintended or misconstrued comments here - he does give very good observations and I do hope he continues to post here.

I've been busy with work and have become a silent reader - when I have the time - like bro newman.

Anyway, just logged in to wish you a beautiful and safe trip to Switzerland. Do enjoy yourself.

By the way, I note that your recent readings have reached technical sifu status.

pzul: if you can collect n hold, then can take a position in ktb now. u can always sell at 30 - 30.5 if it cannot break the resistance of 30.5 with convincing volume

topaz: ktb has to break 30.5 before it can really fly. At the moment, the rise seems to be controlled with reasonable volume. I think the real play will come over the next few days.

star7: better not play MAS unless you have deep pockets. U won't know when the next sell call from the IBs will come.

rman1 / pzul: Been very busy these few days with work (and also with KTB and SONA). So, no postings.

Anyway, most of us are still holding MPay from a much lower price. Like madiba said and as you would have observed, best not to play contra for this counter unless you are on the screen constantly.

If you already have a position, then hold on tightly - the best is yet to come.

kuya hawk: With the wave recount for MPay, won't the TPs change? I tot the TPs will be higher after an extended W1.

connie: cautious buying in MPay - volume is still low. but if stock continues to go up and volume increases, then can see a good rally unfolding in W3

connie: kuya hawk already hoarse from shouting to you! better join us on KTB and MPay and ride the waves

connie: submissive seems too feminine

connie: Not caveat leh. Check what "dominant" means in a relationship :D:D

connie: see! more people liking your affirmative "dominant" readings.

ProfitMan: I'm still a learner. Always good to see how advanced surfers see the waves.