You will be surprised after 4hrs later

Key to profit in trading:
Buy "low" - when everyone is afraid of buying

Sell "high" - when everyone is getting afraid to miss the buying and cause the price to burst upwards

Intraday low is in for Gold futures. Time to load up mother and son. See you guys again when gold hit 2040-2080 range.

Just wait patiently for DX to breakdown below 92

Becoz traders rotating out from risk-off sector back to healthcare. Simple. and since most counters limit up, the spillover buy power go into smaller one like kone/oceancash (whichever not limit up will limit up soon)

The key resistance is 2028-2030. Should hit this pretty soon then retrace.

Gold future will need to at least hit 2100 in order for the stock to move to the range of 0.385-0.405. Currently it's trading at 2002. (Dec futures contract)

Good morning, USD getting smashed. Bond getting smashed, Gold will surge above 2000 anytime. Low of the day is in.

Thank you. All out.

Just need to break up 1970 gold futures to *force* nice above 0.320.

You don't even need short selling to be lifted. All it takes is 5million unit to put the price down 2bids+. Comprende?

Operator can supress the price as much and as long as they want to. However, they do realise during a gold uptrend, the more they supress, it's like compressing a spring coil. When it rebounds, it will soar in a faster pace than other peers. Also, it's always wiseful for them to let the spring release the tension later in a fast manner (when suddenly NICE outpace others in a swift manner) then only start to do some selling again.

Until that happen, there is nothing should the players who bought in the earlier session do. Just sit back and watch the show.

Oh hi it's me again.
intraday wise, gold future low is baked in. Lets see how far it can bounce today.

Posted by kata888 > Aug 14, 2020 10:59 AM | Report Abuse X
1953 intraday low hit, bye Gold shorts.

This means the low of the day for gold futures were just hit moment ago. Basically it's all the way up again with some zig-zag whipsaw action in between. Overall it will just close green today.

1953 intraday low hit, bye Gold shorts.

Get ready. Up soon

Just wait for it to hit 1950-1953 zone to trigger upward later. Currently 1960.80

@edward96

Sensible analysis on this. Don't worry, the market will definitely whipsaw it left to right before resume the upward movement of gold-related stocks. Having said that, if someone picked up the stock an hour before close, it would be very unwise to offload your position today.

Harta is RM34 stock for FY2020.

Price needs to be able to sustain at 0.300 for more upside in 2nd session

Posted by kata888 > Jul 28, 2020 3:42 PM | Report Abuse X
small +ve divergence, might able to close 0.295-0.305

This is still valid by the way.

You don't even need to get panic if the price is still above 0.260

small +ve divergence, might able to close 0.295-0.305

All trading platform freeze.
Bursa frozen, no datafeed available at all.

Moment of truth in 1min. Exciting, though nothing change from my yesterday's comment.
"Like I said last night, you will be witnessing phenomenal effect on this stock today. It will literally turn your perception upside-down."

Watching comments here is more entertaining that watching stocks

Like I said last night, you will be witnessing phenomenal effect on this stock today. It will literally turn on your perception upside-down.

You will be suprised how the market react to this news tomorrow

Base on the max/min scenario and throwing in some numbers, by maintaining the 29 MAY 2020 closing price and its corresponding PE ratio, the new forecasted Price stands at 0.983 (max) and (1.117 (min) respectively.

Just plugging latest qtr result which is 90.3M and assume real estate sentiment is not going to bounce back until FY21, by end of FY20 PAT assumed dropped overall to 72.24 (only 20%) for subsequent 3 quarters, the final year end price will be 0.39 (max), and 0.44 (min) respectively.

Derp. But we have new waves of retail trader warriors that will scoop up everything anyway, no fear, no fear.

Posted by YTH888 > May 24, 2020 2:54 PM | Report Abuse

a) You can't just average the PE of the top 4 players for the sake of calculation. Use weighted average though it's still deviate from industry's overal average-weighted value.

b) EPS can never stay flat for the next quarters (lets not talk about 4 quarters in a row). The assumption has to include a multiplier in order to mitigate foreign exchange loss (you can pull the overseas sales ratio and get the number in order to distinguish the "best-case-scenario" for this multiplier). And this is just one of many ways to have a conservative number. The multiplier will also cover the irregularity of EPS number for the consecutive quarters too.

Having said that, at the very least you had put in effort in punching and explanining the numbers unlike many out there who only know how to shout "huat ah, good ah, Up ar" daily without knowing what were they actually doing.

How I wish I am their happy brokers.

While there are inifinite valuation method to use to forecast the intrinsic value of the company, I still prefer a basic DCF model which is based on median FCF growth rate instead of the nominal CAGR calculation.

Discounting the management outlook by incorporating just 1 year instead of 1.5 years and couple with multiplier of 0.67 to the final figure put the price range for Supermax in the next few quarters within RM6.30-RM8.40. There is still plenty of margin of safety from latest closing price.

However, in this era of exponential super-smart new retail traders, who cares about fundemental anyway, just buy and pray.

That breaking news is at least 15hrs 43 minutes ago, geez.

Posted by Mabel > May 19, 2020 2:41 PM | Report Abuse
Today, the whole morning I cannot trade. My Maybank Platform is down...cannot connect to server.
Most of my trading today are back like the olden days like what my Mummy and Daddy used to do....
Meow Meow Meow by phone....
Sigh :(

----
This is really crazy, our Msian trading platform really inferior compare to thinkorswim and other international brands out there. Dissapointed too coz my Maybank eHLB and Rakuten all had connection issues.

Kindly let us know which brokers that you were using were down/unable to login right after market open. As far as we know:
Maybank / Rakuten

By the way, oil tanker rates didn't actually tank, instead it soars at least 100% on Y-Y comparison. You need to look at what type of tankers.

The parking rate for 4 yrs can actually get a brand new from S.Korea, the only problem is how fast they can build one.

well, just a quick info which I am putting out since you are new and looks like needed some help.

The front month futures spread just turn positive today which literally means until it hit the next expiration day, traders/oil producers/oil tankers/bunkers can literally push it to whatever price based on King Arthur and Moscowian liking. To fume the process, those sideline traders who wishfully thought that -ve on crude will happen again (in their wet dreams) have to start covering their shorts and brent will of course symphatically join the dance. Crude can easily break the downward trendline so does brent. $45 is as high as they can push once 'they' knew the exact numbers of shale companies in US went burst during this recent double black swan event (tripple for US shale companies). $60 is unlikely until 2H2021 or perhaps another war light up in Middle-east.

If you are having hard time to digest the above information, tldr: Don't worry about your position until the next hiccup during 2nd week of June.

Have fun trading, stay hungry for info.

Those who are holding longs, you are safe until 15th June 2020.

Rakuten too, server error

This is what a market should be behaving.

Sometimes you can easily spot people who "sendiri cakap sendiri song" when they don't even have the stocks listed in their portfolio but when the stock shot up, they will just chip in and said "oh thanks operator, I closed my long at xx made yy profit, so happy"

I relate this symptoms to "loose too much, don't dare to enter market but always happy to stay on sideline and chip in to self-comfort while waiting money to fall from sky or parents' donation"

It's okay to stay in such manner, but outsiders please keep your eyes wide open.

There is different perspective when looking at management's decision.

Lock-in at $35 basically guaranteed income sustainability instead of "hoping" price will surge in the near future. The trade-off obviously base on the fact that if price does soar above $35. It's a win-win situation for both parties. Not to mention the period is not prolong and ends at fiscal year 2020. Current brent price is at $27 (cash settlement) so there is room for $8 increment. The real storage issue will hit during mid-end of May. By diversifying the risk to mitigate near-term loss, it is expected the next qtr report should be not promising but low possibility to end up like Sapura. At least this cooperation with Trafigura comes in at the right time.

When it comes to business, you do not need put "hope" in it. Eliminating this factor basically leave you with net profit down the road.

Posted by monetary > May 1, 2020 11:07 AM | Report Abuse
https://opencorporates.com/companies/us_ok/3512387842

You are spot on, that's the only information I can find regarding this "middle-man". My major concern is on that link, the information listed on the right column.

Latest Events
2018-11-12 - 2019-04-20 Change of status from 'Active' to 'Inactive'
2019-07-10 - 2020-01-13 Change of status from 'Inactive' to 'In Existence'
2019-07-10 - 2020-01-13

Certainly looks like a "shell company".
"Incorporation Date 10 January 2013 (over 7 years ago)"
.
I do hope this is not exactly the limited liability company that is related to what serba has awarded RM7.7b contract from.

Awarded projects from "questionable source"(especially during this era where we can find everything online) is peculiar. Why not just directly from respected authorities.

Something to think about.

Has anyone even wonder where is this 7.71 billion contract located in UAE? or even wonder what is this "US-based Block 7 Investments LLC" ?

It's your money anyway.

The fact that remuneration package still remain high despite all the poor qtr results are breathtaking sight. Thanks for the ignorant shareholders to continue milk-ing them.

If only the remuneration..... oh well, just the typical covid related cina men companies

with downside risk being invalidated,
FA wise, the resistance 0.60 needs to be taken out in order to move towards TP of 0.80

TA wise, short term resistance needs to be taken out will be 0.47 and 0.51 respectively.

Brent needs to be above $26-$60 for the above TP to stay valid.
See you 3 months later.

The billions of order book is based on the stability of the region in the foreseeable future. What you "thought" might happen and the reality is vastly different from each other.

So does the thousands of "investors" who were tricked to believe the derivative product of WTI crude would not go below zero.

Without US support, the region will kaput within 3 weeks and turn into war zone. The underlying tension has gradually surfaced due to the recent oil-price war and DT is clearly not happy with this.

Saudi has no other choice but to comply with even further cuts. As for US, their cut is basically considered done with rigs shutting down dramatically. Further cuts for US? Impossible.

The fact that retail "traders", well investors value the bank stocks using ordinary stocks method is jawdropping.

Posted by harry_7 > Apr 28, 2020 3:22 PM | Report Abuse
The company’s latest reported net assets per share stood at seven sen (worth only 7c) ??

It's 0.065 to be precise, therefore

The RM0.125 is already considered as a 90% "juicy" premium.

Good luck to the members who are holding the share. You are left with one option basically.

In case new investors wonder, the keyword that is missing (of course it is not the obligation of takeover target to disclose that word) "Distressed"

Putting together the puzzle, we get
"Distressed Acquisition"

You should know what to do next, shouldn't you