SUPPORT AT 30CTS..WHERE MAJOR SHAREHOLDERS BOUGHT AROUND THAT PRICE...

it will trade into unchartered territory...after 1 for 1 bonus issue in Dec 2013...it price dropped more than half and trading at 2.90 which is much lower than 6.40 traded previously. By right it should trade at least half at 50-60 % around 3.20/3.80 or higher...Now , the time is coming...

some big boys are selling strongly at resistance 7.00 so that the share may not rise and they can collect at a much lower level...

like it or not , chart is weakening ...correction is real and coming fast , hope it is a small one or else it is against the norm.

bb r keeping watch on asset backed cos , I think Dutaland already in their radar , so they r accumulating to spring a gap up at no surprise!

trend is going south is a fact . chances of going up like gap up this morning ?.may be...provided bb push up the price higher...but the vol is half of yesterday...chances may not come at all.

revenue up or down has no problem coz the refund is sure at 3.90 . If scr is approved and the amount of fair refund is adjusted to a much higher value , then it will be a double bonus to those holding the scripts ...

just hoping to get a higher refund than 3.90 . anything higher will be a bonus but has to wait ....

Buy slowly like nibbling is the answer...concentrate on a single counter but going for long when u had decided is the real answer .

Problem with short sell that so many counters already approved at the expense of small players . BB can do buy long and short sell but not small players. So small players better avoid those counters published by the papers a few days ago.

I think it should be in Fibonacci n Elliot b wave ...that means it may move up a bit but may retrace back /pullback in the c wave which is considered severe correction before its upleg . At eps 5 cts and share more than RM 2 is considered fully valued and not much to be made unlike the initial price ...!

If iris got the TRS contract, then Mpay will surely drop like nobody business....

the pullback may incur corrections 38-50% for the last 3 waves for 5:3 in Elliot ...b4 going for the next up trend !

correction mood?

Tuesday, 25 Feb 2014

6:12PM CAELY Nine-month net profit 5.956 million (increased 478.81%)

still in the up trend and may hit 60 % higher....70-80 cts....wave 3....

iris still in wave Fibonacci and Elliot wave 5 ....to hit 65 cts b4 the final curtain of abc waves where retracement or pullback quite significantly b4 the next upleg begins

it will explode soon.....esp plantation stocks when oil palm hit RM 2900-3000!

look at kseng....unnoticed gem....

finally, many notice kseng...a hiddengem in Masai next to Eco-world ...boom....boom....

Fibonacci with Elliot B wave ....should be a bit cautious coz c wave which is the final Down trend may be near ...purely on chart... No malice

caely, dutaland and kseng may fly....charts shown v positive...

extract:
PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF
THE COMPANIES ACT, 1965 (¿PROPOSED SCR¿)

can anyone clarify this...capital reduction and repayment, scr?

strengthening of stochastic , %Khigher than %D , volume ups , look like the share is moving now...may go up 7.50 in near term , longer term should be higher. may be this is the beginning of Fibonacci and Elliot bullish 1st wave...

3rd wave may exceed 70cts if applying the formula 1.618 using Fibonacci and Elliot wave of 5:3. still learning and hope to putting into good use.

if going by Fibonacci and Elliot , this 3rd wave is rather too long , more than and far exceeding the required1.618 x's , it has to retrace back in the 4th wave b4 going up to the 5th wave, the last push...to be realised.

private placement to whom...? more dilution of shares and less eps?

o & g has its ups and downs too! if got oil, it will shoot up but if no oil, all will be gone to drain and bankrupt straight. It all depends on how you look at it and the amount of risks exposure you may afford...

too bad , the list of short selling counters increased exponentially, as minority shareholders , we r in the loosing ends unlike bb who r the greatest beneficiaries, buy makes , sell also makes , both ways also make , no broker fees except some misc fees....

hope iris is not in the short selling list...if so too bad ! We the minority shareholders will be in the loosing end when bb short sell to make quantum profit...buy makes , sell also makes...what is left for us? kulit shj?

if not mistaken this counter is in Elliot and Fibonacci bullish 3rd wave, may surpassed previous high....given the right factors.

riding fibinacci and Elliot 3 rd wave should be a longer up trend possibly surpassed previous high....coupled with bullish factors shall see a brighter future for Dutaland!

TREND REVERSAL COMING LO! GOOD TIMES AHEAD

more or less in Fibonacci with Elliot wave 4th...considered correction b4 going up to wave 5th ...last push...

Should be in Finacci Elliot 1 st wave....so EPF and Citigroup are selling aggressively....

Elliot wave 5 final push....?

look like this counter is in Elliot wave 4....? correct me if I was wrong.

is in Elliot wave 3 up trend....

only after finished elliot wave 2 ,longest Elliot wave 3 may appear....

mkh is in Elliot wave 5 ....final push,...to new height...

caely is in Elliot wave 3,,,the longest up trend prior to wave 5 ...correct me if I was wrong and thanks.

Jv with other cos to enter into property development!

Yes hidden gem.....

Still very strong n sturdy though market slides

O&G counters are just like playing poker games , when it strikes black gold , it is called very lucky , but once failed , it will be very miserable indeed!

MKH still in bearish trend ....may go down further unless confirmation found . ignal bearish spinning top ....

Bearish spinning top with top and bottom shadows.... It's last volume was really big compared with normal trade around 3 millions vs 0.54-1.2 million and it has been down 3 days but only 1 day for support... Look like it will go lower than 3.70 ...3.66-3.68 level ? Long and medium term shall be good and will exceed RM 4.00 ...

I prefer co making , asset rich and undervalued counters like Dutaland , Kseng , prkcorp , Caely , Inari , Ptaras , Supermx ....so that market loss is kept to the minimum...

contrarians and bb are throwing the white towels...sos...may find support at 39.5 cts....if it is really bad .

bb r suppressing the price by selling great vol at 6x's the buying rate ....press it lower...