http://www.theedgemalaysia.com/highlights/296373-pengerang-terminals-to-see-infusion-of-another-rm16-bln-over-15-years-najib-hl.html

Ramsyll, thanks for sharing the information. Appreciate it.

pisangkuat, what do you mean? D35? PSC? can help to elaborate....thx

Noted with thanks. Agreed with pisangkuat that this is not a goreng stock looking at the past performance of dialog shares. If you enter and go out, you may make some money but will not make as much as those with investor mindset for this counter.

Thanks for the write-up. This provides a very good summary for both the FA and TA.

The court case with TLP should not be a big concern in my opinion.

First, the fire did not happen during the construction period and it only happened after the handover of the project to TLP. If you have taken ownership of the project during handover, and the fire happened thereafter, it could be due to many possible causes which may not be Dialog's. Anything could happen after the handover and TLP should not just point its fingers and put the blame on Dialog.

Second, the claim amount is also ridiculous. TLP is claiming a few hundred percent more than the total cost of the project itself.

Third, the fire happened way back in the year 2008.

Anyway, this is just my personal opinion.

The next resistance point is 3.90 and support level is 3.51. Dialog has a good track record of growth in the past years since listing. Average CAGR is > 20% per year which is very consistent. So, it may still have some legs to move up.

Another possible way of riding the wave is by its warrant. Will do some analysis tomorrow if got time.

Below news should be positive for Dialog shares.

http://www.theedgemalaysia.com/business-news/285886-pengerang-terminal-phase-2-plan-likely-to-come-out-in-july.html

The potential for this stock should be intact.

Today, Dialog is listed as the Stock to Watch on TheEdgeMalaysia. So, should expect another day of high volume and volatility. Immediate Support is RM3.46. If broken, will test the yesterday's low at RM3.37 again. Immediate Resistance is RM3.60. If this is broken today, will be good for the stock.

Looks like buyers are slowly building up again after the initial sell-off this morning.....

kewyy, The SMA50 refers to the 50-days Simple Moving Average. This is determined by simply taking the sum of all of the past closing prices over the time period(in this case 50 days) and divides the result by the number of prices used in the calculation(which is 50 in this case).

In Technical Analysis, the SMA is also used to indicate the support and resistance line for the stock. A stock will normally bounce off the simple moving average price as they are considered as the support or resistance line.

Hope it helps.

By the way, i am also looking at the progress of the Dialog shares very closely as there are 3 news about the company recently, i.e. One is bad(arbitration or potential lawsuit by TLP and another two which are good(1. Announcement of RAPID FID and 2. Announcement of the commencement of Phase 1A of Pengerang Terminal.

These 3 news have caused the share price to be very volatile in the past few days. Will see how it will work out in the next few days.

Looks like there is good news announced today. They finally got the LOI for the Angola project. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1579817

trexdotcom, what do you mean?

Thanks for the words of wisdom. Appreciate it.