yes correction is needed to shrug of overbought levels

that day if not mistaken CB or CA when listed mother share went high to 3.50,,,can this be repeated again tomorrow????

will the mother share moves bullishly tomorrow, since the CC will be listed tomorrow??? any idea guys???

Post removed.Why?

Post removed.Why?

nooniez -----do you know why bursa is still holding the bonus approval announcement?? once they are satisfied n happy with this counter then they will announce.. so for sometimes datasonic should behave nicely..

if it maintain always like this,,surely after sometimes contra players won t come near this counter

since bursa is looking, it s better if this stocks behave.. after few sessions of good behaviour,,if bursa is happy n satisfied surely they will announce the approval of the bonus.. if this counter does not hehave,,simply surging without any valid reasons,,oh boy it s trouble.. the way it move today,, yes very good..this is the way to show a good impression to bursa police.. yes now datasonic is becoming SMART.. no more charging blindly ahead...hope it can maintain this good behaviour

JAKS Resources (JAK MK)
Technical BUY with +15.5% potential return
Last price : RM0.580
Target Price : RM0.670
Support : RM0.545
Stop-loss: RM0.540
BUY with a target price of RM0.670 with stop
loss placed below RM0.540. JAK’s share price
has retraced from the recent high of RM0.580
before continuing to consolidate below
RM0.545 in the last 7 weeks. However,
yesterday’s gap-up above the immediate
resistance of RM0.545 (now support) on the
back of a higher trading volume of 22.2m
shares (vs 20-day average of 3.4m) suggests a
genuine breakout from the previous
consolidation. Given the bullish crossover in
both MACD and Stochastic, the surging
momentum should push the share price higher.
Yesterday’s gain can also be perceived as a
much needed kick-start of the new up-leg in
which we expect JAK to sail along the rising
trendline in the foreseeable future. We peg our
upside target at the 1.38x Fibonacci extension
target of RM0.670 over the medium term.

TAS Offshore (TOB MK)
Technical BUY with +13.0% potential return
Last price : RM1.38
Target Price : RM1.44, RM1.56
Support : RM1.32
Stop-loss: RM1.29
BUY with a target price of RM1.56 with stop
loss below RM1.29. TOB’s share price has
been trading within a series of lower highs from
10 Jan 14 before making a breakout from the
short-term downtrendline on 16 Apr 14. The
share price surpassed the strong resistance of
RM1.32 yesterday on the back of a higher
trading volume of 13.8m shares (vs 20-day
average of 2.0m) yesterday which, given the
lack resistance, should lead to further upward
continuation hereafter. Given the strong
momentum as suggested by positive signals in
both the MACD and Stochastic, we expect
TOB to nudge higher and thus peg our upside
target at the 1.38x Fibonacci projection of
RM1.56 in the near term.

Naim Holdings (NHB MK)
Technical BUY with +29.0% potential return
Last price : RM4.29
Target Price: RM4.60, RM5.07
Support : RM4.02
Stop-loss: RM3.96
BUY with a target price of RM5.07 with stop
loss placed below RM3.96. NHB’s share price
has breached above the long-term
downtrednline following a successful breakout
above the “cloud” on 9 April before continuing
to climb higher. Yesterday’s positive closing
above the 61.8% Fibonacci retracement level
of RM4.16 signifies the end of the previous
trend and the current reversal should translate
into further upward movement. The emergence
of fresh buying interest as shown by the higher
trading volume of 4.2m (vs 20-day average of
1.6m) yesterday should in our view mark an
upward continuation which could retest the
previous high of RM4.60 in the near term.
However, we peg our upside target at the
1.38x Fibonacci extension target of RM5.07
over the medium term.

recommend properties stocks please

so which properties counters to buy???? GOB is one of it,,how about others??

MAYBE the run up on GOB,,is only before the rights issue?? how about after rights issue??

oh no new target price, still the old one.

RHB still maintaining target price 4.08,,,please newbies take note

PLEASE TAKE NOTE,,RHB IN THE LATEST REPORT STILL MAINTAINING TARGET PRICE OF DATASONIC 4.08... PLEASE TAKE NOTE

Hup Seng Industries
(HSI MK)
Technical BUY with +16.0% potential return
Last price : RM1.22
Target Price : RM1.35, RM1.42
Support : RM1.16
Stop-loss: RM1.14
BUY with a target price of RM1.42 with stop
loss placed below RM1.14. HSI’s share price
rebounded off the 21-day SMA line on 11 Apr
14 before closing above the 10-day SMA line
as HSI retested the previous high of RM1.24
last Friday. Despite falling short of breaching
the immediate resistance, a higher trading
volume of 3.6m shares was recorded (vs 20-
day average of 2.6m), signalling renewed
buying interest. Along with surging momentum
as flashed by a bullish crossover in both MACD
and Stochastic, we expect a breakout above
RM1.24, which should kick-start a new up-leg
as the overall trend remains clearly an uptrend.
Moving forward, we peg our upside target at
the 1.61x Fibonacci extension level of RM1.42
over the medium term.

Tadmax Resources
(WIJ MK)
Technical BUY with +25.0% potential return
Last price : RM0.520
Target Price : RM0.565, RM0.650
Support : RM0.485
Stop-loss: RM0.480
BUY with a target price of RM0.650 with stop
loss below RM0.480. WIJ’s share price has
been consolidating in the range of RM0.485-
0.515 in the past 16 days following what can
be perceived as a major correction from the
high of RM0.650. However, last Friday’s strong
gain on a higher trading volume of 5.2m shares
(vs 20-day average of 1.4m) suggests a
genuine breakout as WIJ also closed above
both the 10-day and 21-day SMA lines,
signalling further upward movement hereafter.
Given the surging momentum as shown by the
bullish crossover in both MACD and
Stochastic, we are optimistic that the share
price could end the major correction by
reversing the trend and as the share price
looks set to travel upwards. A positive closing
above the 61.8% Fibonacci retracement level
should spur further buying interest and could
retest the previous high of RM0.650 afterward.

Ornapaper (OPB MK)
Technical BUY with +29.0% potential return
Last price : RM1.23
Target Price: RM1.42, RM1.59
Support : RM1.15
Stop-loss: RM1.13
BUY with a target price of RM1.59 with stop
loss placed below RM1.13. OPB’s share price
has been consolidating in a tightening range
since 14 Feb 14 as the fluctuations in share
price have formed a bullish continuation
pattern in the form of a “symmetrical triangle”
in the last 45 days. Last Friday’s breakout from
the pattern, albeit the gap-up was relatively
minor, was accompanied by a higher trading
volume of 1.3m shares (vs 20-daya average of
0.55m), thus it is still considered a genuine
breakout. Given the bullish crossover in both
MACD and Stochastic, the positive momentum
should, in our view, help the share price nudge
higher hereafter. Moving forward, we peg our
upside target based on X to X projection of the
“symmetrical triangle” pattern at RM1.59 over
the medium term.

http://klse.i3investor.com/servlets/ptres/22488.jsp

NOW IS THE TIME,,DATASONIC SHOULD PLAY SMART..DO NOT SURGE UP, BECAUSE RHB STILL MAINTAINING THE SAME TP OF 4.08...SO PLEASE BE CAREFULL AT THIS POINT.. ONLY CATALYST THE MARKET, IS WAITING, FOR THIS COUNTER IS BONUS APPROVAL.. BURSA POLICE IS WATCHING NOW, SO PLEASE BE CAREFULL.. IF THIS COUNTER BEHAVES PROPERLY, THEN BURSA WILL BE HAPPY, THEN IT WILL ANNOUNCE THE GOOD NEWS.. BUT IF THIS COUNTER STARTS BEHAVING WEIRD,,ROCKETING UP WITHOUT REASONS,, THEN IT S TROUBLE AGAIN.

ANY RESEARCH HOUSE NEWS TODAY ON DATASONIC PLEASE???????????

why this counter no energy to sustain when it goes up???

hope RHB RESEARCH today gives a new target price for datasonic today?? pray for it.. thanks

hope RHB RESEARCH comes out with a new target price on datasonic today?? pray for it

Posted by Johny Khong > Apr 20, 2014 11:58 PM | Report Abuse

Furthermore, w much better market sentiment expected this coming week (as per Affin IB's analyses), d ONLY direction for Dsonic's stock price is it's heading NORTH. This is 99.99999% definite.

Johny Khong ---------any target price given by affin research??

Fam Jenny ---------yes that is the advise we can give to speculators...always look at the target price given by research houses.. in the case of datasonic,,it is RHB,, do not buy higher then target price..sometimes target prices change due to new contracts.. so today monday be watchfull on RHB RESEARCH sure they are going to take out a new research report.. the old target price is 4.08, hope they give higher..pray for it..sometimes they maintain the old one. friday closing was arround 3.63,, so it s already near the target price,,so please be carefull.. now market is also waiting for it s bonus issue approval..does not know why bursa is delaying this.. CMSB and other counters one already approved,, but datasonic is still waiting..thanks

any target prices by research houses? if no then we can discuss here with the experts on GOB....how this stock going to perform next friday,,after strong surge on friday... so for newbies who want to buy this stock,,should they chase this stock,,or wait for some minor correction after the friday surge?? any oppinion members out there?

4u2c----gave his oppinion fair tp is 1.25,,,how about others,,please more members give oppinions please...tq

any target prices by research houses? if no then we can discuss here with the experts on GOB....how this stock going to perform next friday,,after strong surge on friday... so for newbies who want to buy this stock,,should they chase this stock,,or wait for some minor correction after the friday surge?? any oppinion members out there?

Insas may rebound after the latest white candle. Traders may opt to purchase the stock if it closes above MYR1.25 today, with a close below MYR1.20 as a stop-loss. If the MYR1.35 resistance is broken,the price target would be MYR1.45. The stock could trend lower if it fails to get above MYR1.25, while downside risk will increase if the stop-loss is triggered.

RHB TRADING STOCKS DATED 18//04//14

Crest Builder may climb after holding above the 100-day MAV line. Traders may buy if it closes above MYR1.56, with a close below MYR1.50 as a stop-loss. The price target is MYR1.70 if the MYR1.60 resistance is broken. However, note that the stock could trend sideways if it fails to get above MYR1.56, while further support is at MYR1.40.

RHB STOCKS FOR TRADING DATED 18//04//14

Hup Seng may rally after closing at its highest in more than a week. Traders may buy if it closes above MYR1.20, with a close below MYR1.13 as a stop-loss. Should the MYR1.25 resistance level be broken, the price target will be MYR1.40. However, failure to get above MYR1.20 will likely see the stock trading lower, and downside risk will increase if the stop-loss is triggered.

RHB STOCKS TRADING DATED 18//04//14

so RAIDER what are your stock picks at the moment, which you think are still bullish n on uptrend??????? from my side i can only think of DATASONIC,,,GOB,,,SBCCORP,, INARI,, MUHIBBAH and etc..... to my oppinion if i am going to pick up only one counter then it should be GOB at the moment...but what is your oppinion Mr RAIDER???????????? thanks

WE are all staying in an era, rich becomes more rich, n poor becomes more poor..this is the trend now... usually big big sharks knows the news earlier, so they wait,,,actually they had already bought earlier..we the public retail investors will receive the news later,,so when we start buying, the sharks starts selling... market cannot be control by me and you retail investors,,but manipulated by big sharks, for their benefits...so do please be carefull when u invest...make sure you have the proper knowledge on this stocks,,,example always reading their research reports from research houses, and also try to learn some TA-- TECHNICAL ANALYSIS,, so you will know when to enter n when to exit the stock....do not go arround asking people on forums,,the more u ask the more u will get confuse...... about research houses reports,,i can think of some 3 popular ones, because of their quality in their reports... CIMB RESEARCH,,,,KENANGA,, OSK//RHB... others hwang dbs i had not tried reading their reports yet,,they are also good....UOB KAY HIAN also good.... if you do not equip your self with the right knowledge,,then you start following others finally will drop into self made TRAPS

Jolly Mypet--------yes this types of games do happen always in our bolihland,, at the end criminals will be walking arround freely.. they will be garlanded for their achivements.. actually they are the true devils..tiger with a goat skin over it

if not mistaken on 26th of march, the closing price of datasonic crosses 4.08,,, so bursa should had action FAST,,by taking out the precautionary note, but they waited till 4.80,, why?? bursa intentions were not clean, because they really want to give a hard knock to speculators retailers..this was done on purpose

http://www.klse.info/counters/historical-prices/stock/5216

some big ones missed the boat..they the big fish knows a hot contract news will be coming out on 18//04//14,, the big ones can be anybody...but the stock is already overpriced at that time..so what they did pump up some negative news in mas media to bring down the price very very fast, because the announcement date of contract is approaching.. they were very cunning, showing to masses to public that a healthy correction is being carried out on datasonic... actually this did not turn out to be a healthy correction, because healthy correction means price should go back to a little less then 4.08[rhb target price].. the price went down badly to 2.60 level, this we cannot define it as a healthy correction,, a total of 600 million capital wipeout from datasonic stock..this are define as DAMAGES to datasonic.. i hope datasonic and bursa does not have a hand in this super drama. datasonic should be fair to shareholders, the retail holders who are still holding the stocks.. if possible datasonic should take some legal action against the TA ANALYST, who created the blunder in mas media--sun daily on 4th of april 2014, because he does not have the right to do that.. sure this TA ANALYST is also working hand to hand with some parties...anyway all this is just speculation,but only can be reveal if a thorough investigation is carried out.. to me i define this as full DAMAGES to datasonic... bursa was zip quiet when the price plunge to 2.60 levels, they were enjoying it.. yes i aggree the price was overpriced at that time, and bursa police took out a caution note.. if bursa intention were clean, then this matter should end up with a healthy correction only..if it damages the stock, then somebody should be responsible for it.. i only can think 2 parties here, bursa police n TA ANALYST... when bursa police method did not work out, they start using mas media.. this is totally a CRIME

some big ones missed the boat..they the big fish knows a hot contract news will be coming out on 18//04//14,, the big ones can be anybody...but the stock is already overpriced at that time..so what they did pump up some negative news in mas media to bring down the price very very fast, because the announcement date of contract is approaching.. they were very cunning, showing to masses to public that a healthy correction is being carried out on datasonic... actually this did not turn out to be a healthy correction, because healthy correction means price should go back to a little less then 4.08[rhb target price].. the price went down badly to 2.60 level, this we cannot define it as a healthy correction,, a total of 600 million capital wipeout from datasonic stock..this are define as DAMAGES to datasonic.. i hope datasonic and bursa does not have a hand in this super drama. datasonic should be fair to shareholders, the retail holders who are still holding the stocks.. if possible datasonic should take some legal action against the TA ANALYST, who created the blunder in mas media--sun daily on 4th of april 2014, because he does not have the right to do that.. sure this TA ANALYST is also working hand to hand with some parties...anyway all this is just speculation,but only can be reveal if a thorough investigation is carried out.. to me i define this as full DAMAGES to datasonic... bursa was zip quiet when the price plunge to 2.60 levels, they were enjoying it.. yes i aggree the price was overpriced at that time, and bursa police took out a caution note.. if bursa intention were clean, then this matter should end up with a healthy correction only..if it damages the stock, then somebody should be responsible for it.. i only can think 2 parties here, bursa police n TA ANALYST... when bursa police method did not work out, they start using mas media.. this is totally a CRIME

some big ones missed the boat..they the big fish knows a hot contract news will be coming out on 18//04//14,, the big ones can be anybody...but the stock is already overpriced at that time..so what they did pump up some negative news in mas media to bring down the price very very fast, because the announcement date of contract is approaching.. they were very cunning, showing to masses to public that a healthy correction is being carried out on datasonic... actually this did not turn out to be a healthy correction, because healthy correction means price should go back to a little less then 4.08[rhb target price].. the price went down badly to 2.60 level, this we cannot define it as a healthy correction,, a total of 600 million capital wipeout from datasonic stock..this are define as DAMAGES to datasonic.. i hope datasonic and bursa does not have a hand in this super drama. datasonic should be fair to shareholders, the retail holders who are still holding the stocks.. if possible datasonic should take some legal action against the TA ANALYST, who created the blunder in mas media--sun daily on 4th of april 2014, because he does not have the right to do that.. sure this TA ANALYST is also working hand to hand with some parties...anyway all this is just speculation,but only can be reveal if a thorough investigation is carried out.. to me i define this as full DAMAGES to datasonic... bursa was zip quiet when the price plunge to 2.60 levels, they were enjoying it.. yes i aggree the price was overpriced at that time, and bursa police took out a caution note.. if bursa intention were clean, then this matter should end up with a healthy correction only..if it damages the stock, then somebody should be responsible for it.. i only can think 2 parties here, bursa police n TA ANALYST... when bursa police method did not work out, they start using mas media.. this is totally a CRIME

MASSAGE I PUT ON FACEBOOK TODAY--------some big ones missed the boat..they the big fish knows a hot contract news will be coming out on 18//04//14,, the big ones can be anybody...but the stock is already overpriced at that time..so what they did pump up some negative news in mas media to bring down the price very very fast, because the announcement date of contract is approaching.. they were very cunning, showing to masses to public that a healthy correction is being carried out on datasonic... actually this did not turn out to be a healthy correction, because healthy correction means price should go back to a little less then 4.08[rhb target price].. the price went down badly to 2.60 level, this we cannot define it as a healthy correction,, a total of 600 million capital wipeout from datasonic stock..this are define as DAMAGES to datasonic.. i hope datasonic and bursa does not have a hand in this super drama. datasonic should be fair to shareholders, the retail holders who are still holding the stocks.. if possible datasonic should take some legal action against the TA ANALYST, who created the blunder in mas media--sun daily on 4th of april 2014, because he does not have the right to do that.. sure this TA ANALYST is also working hand to hand with some parties...anyway all this is just speculation,but only can be reveal if a thorough investigation is carried out.. to me i define this as full DAMAGES to datasonic... bursa was zip quiet when the price plunge to 2.60 levels, they were enjoying it.. yes i aggree the price was overpriced at that time, and bursa police took out a caution note.. if bursa intention were clean, then this matter should end up with a healthy correction only..if it damages the stock, then somebody should be responsible for it.. i only can think 2 parties here, bursa police n TA ANALYST... when bursa police method did not work out, they start using mas media.. this is totally a CRIME

WHEN YOU THINK YOU MADE A GOOD PROFIT ALREADY,,JUST SELL...DO NOT GO ARROUND ASKING PEOPLE WHAT TO DO.. THE MORE YOU ASK THE MORE YOU WILL GET CONFUSE.....

Pavillion------ HOW DAILY CAN WE CAN CHECK FORWARD P.E????

everything that is earn in life time without putting any effort in it is GAMBLING

Post removed.Why?

Muhammad Jamaluddin ----yes you do have have a point there

Pavillion----thanks, but this counter inorder to surge at the moment, it needs new target price,, 4.08 it can easily cross over next week, but if next week it crosses strongly without any news or bonus approval news, then can be dangerous, what you say...i m talking for next week

CAN MEMBERS GIVE ME SOME ADVISE PLEASE,,THIS RUN ON GOB WILL IT ONLY RUN BEFORE IT S RIGHT ISSUE ONLY,,,OR IT WILL CONTINUE AFTER IT S RIGHT ISSUES???? please give your oppinion,,anyone there??

Overall positive, kicking off its restructuring plans
A 27% uplift to RNAV, 13-25% increase in FY14-16 EPS. We are overall
positive on the REIT strategy as it will enable MRCB to 1) pare down its
borrowings gradually through the cash proceeds. The RM486m cash proceeds
will largely be used to repay the debt associated with Platinum Sentral. 2) It will
gain from the recurring REIT earnings from the 30-32% stake in the enlarged
QCT at RM15m-20m p.a. based on our estimate. The 13-25% EPS upgrades
only reflect the group's core earnings i.e. the impact of the interest savings and
new recurring income from the REIT, but do not include the impact of the net
gain on the asset sale of over RM300m from Platinum Sentral and DUKE.
In our revised RNAV we have 1) assumed a base case of a 12% reduction in the
group’s borrowings, 2) introduced the estimated RM1.6bn enlarged asset value
of QCT at a 32% stake, 3) imputed the RM228m cash proceeds and RM99.2m
gain from the disposal of Duke which was announced earlier, 4) factored in the
RM239m gain from disposing Platinum Sentral and 5) adjusted balance sheet
items. This raises its RNAV/share by 27% (53 sen) from RM1.97 to RM2.50.

Turnaround in prospects this year
The stock is worth a trade. Overall, this deal kicks off the group's planned
restructuring strategy following the kitchen-sinking exercise late last year. Our
conversation with management suggests that there are likely to be more asset
injections on top of Platinum Sentral, particularly involving MRCB's assets in
KL Sentral. There could be slightly over RM1bn worth of property assets that
can be spun off to further repay its borrowings and invest in new ventures
including new landbanks. Also, having an associate stake in a REIT (QCT)
secures stable recurring income, which partially offsets the volatility in its
construction earnings. We also expect other positive developments over the
course of 2014, including a likely favourable decision following PKNS's appeal
against the High Court's decision on the PJ Sentral M&A, the decision on the
tolling of the 100%-owned Eastern Dispersal Link (EDL) highway, possible new
REIT-related deals, tenders for the RRI Land development and construction
job flows. Please refer to our report on RRI Land which was released on 5 Mar
2014 (RRI Land looks too big to ignore)
We upgrade to an Add rating, with a higher target price of RM2.00.
Since our downgrade of the stock to Neutral in August last year, the share price
has fallen 13% from RM1.50 to RM1.31 as at end-2013. It further de-rated in
late 2013 following the RM167m provision made in its 3Q13 results. Though the
stock has already rallied 27% YTD, somewhat ahead of the announcement of
the deals, we still see value in the stock. In view of the likely positive newsflow
in the medium term and the positive expectations of the new management's
transformation move, we narrow the RNAV discount from 30% to 20%, in line
with Sunway. Based on our revised RNAV 0f RM2.50, our target price rises
from RM1.38 to RM2.00 (see Figure 4). We upgrade from Hold to Add.

CONTINUE

Post removed.Why?

The news rally is just beginning -----CIMB REPORT DATED 11//04//14



MRCB has signed off on a RM750m asset injection exercise which kick-starts
its rationalising plans under the new management. It will end up with up to a
32% associate stake in the listed Quill Capita Trust REIT, which it will use for
future asset injections. The bigger picture is overall positive and investors are
likely to gradually appreciate the group's transformational initiatives. We
raise FY14-16 EPS forecasts by 13-25%. The deal is RNAV-accretive, largely
due to asset divestment gains and exposure to REIT. Our target price is raised
as we reduce our RNAV discount from 30% to 20%. Other potential catalysts
include newsflow on RRI Land, the tolling of the EDL and job wins. The stock
is worth the trade. We upgrade from Hold to Add.
What Happened
It has signed off on a REIT deal. MRCB has entered into a deal to inject
Platinum Sentral, one of its property investment assets in KL Sentral, into Quill
Capita Trust (QCT) Bhd, a listed REIT, for RM750m. QCT will issue new units
to MRCB to partly finance the purchase, leaving RM486m cash at MRCB's
disposal. It is also acquiring a 41% stake in QCT's REIT management company.
The deal is targeted to be completed in 6-9 months.
What We Think
Transformation strategy is positive. The REIT strategy is widely known
given the group's plans to monetise its property assets in KL Sentral. However,
emerging with a substantial stake in the listed QCT was a plus. This deal will
enable MRCB to 1) pare down its borrowings gradually through the cash
proceeds and 2) gain from the recurring REIT earnings from up to a 32% stake
in the enlarged QCT. The new management's turnaround initiative is taking
shape as it repositions itself as a major property player-cum-contractor.
What You Should Do
Accumulate. YTD, the share price has rallied 27% but has not fully priced in
the positives from this deal and other likely newsflow over the course of 2014,
in our view. We expect other developments including the likely positive
outcome for the PJ Sentral land, the government's decision on the tolling of the
Eastern Dispersal Link (EDL) highway, new REIT-related deals for key assets
in KL Sentral, tenders for the RRI Land development (see below the link to our
report) in which the group has the advantage due to its expertise in transport
oriented developments (TOD) and construction job flows including the
c.RM800m domestic rail rehabilitation project in which MRCB was granted a
letter of intent (LOI).

schng88 -----------thanks