https://www.thestar.com.my/news/nation/2021/10/10/hitting-the-highways-interstate-travel-allowed-starting-monday-oct-11-says-pm

The beginning of the end of a slumber

@fortheemprah, I can't predict the future however I believe the logistics sector will see good sustainable growth. Those with ILS status will have the advantage of income tax exemption boosting profitability. Smaller cap players will be edged out or merge into a bigger corporation. Bear in mind that the 51% Bumiputera equity condition imposed on the freight forwarding business will overshadow this sector until Dec 2022. Despite listed company being exempted from this condition but I see it as a privilege that can be taken away.

Should thank Mr Gan for disposing. Without his actions there won't be enough shares in circulation for share price to move significantly. Look at the total percentage the top 25 shareholders are holding.

The market doesn't always work logically that way. Which stock should deserve what amount of capitalization is not simply based on an individual's belief. It's the interest that one stock tend to attract over another seemingly more 'logical' choice.

This fella most likely regretted selling too soon. Now pouring cold water.

Future qtrs moving forward prospects can only be upsides. I don't see how this stock should suffer when domestic travel opens up and demands for its services gradually increases.

If the price is "not moving too much" then it's stable isn't it? Why panic sell? If the price really "drop a lot" then accumulate. This is no mama and papa co. you've invested in.

No need to watch the price movement daily. It will only succeed in stressing you out.

Has it crossed your minds that people who GG everytime about everything has ulterior motive? Believe in your judgement. We're all adults. We hold ourselves accountable for our decisions.

@fortheemprah refer https://klse.i3investor.com/blogs/nanyang_stock_expert/2021-09-28-story-h1591781947.jsp

yes I can see the hns pattern in the 1-yr chart.

That fella is here again to pick up cheap tickets. Stay calm.

How is the 51% equity fiasco going to affect this co.?

How is the 51% equity fiasco going to affect this co.?

I admit I was chicken shit. Should have bought more yesterday. Was betting it would drop below 90 sen today. Didn't happen. Maybe tomorrow perhaps?

Debt ring-fenced by income from on-going and completed projects.

Quote: HONG KONG, Sept 20 (Reuters) - Growing fears of China Evergrande defaulting rattled global markets on Monday as investors worried about the potential impact on the wider economy dumped Chinese property stocks and sought refuge in safe-haven assets.

I see you dump, I also dump. Somebody else see me dump, he also dump. Chain reaction until oversold position.

Presented with an unexpected opportunity today. Wow.

50 sen? Without question, accumulate more. If that really happens, it's a no-brainer decision.

Why do some traders have to announce how lucky they were they cut loss?

https://www.nst.com.my/business/2021/09/725968/malaysia-lose-rm2bil-tax-revenue-labour-shortage-2021

bucking the trend again today?

https://www.nst.com.my/world/world/2021/09/725957/la-nina-climate-cycle-may-reemerge-2021-un

@ongth60 Hopefully so. Let's see what happen today.

Price below 80 is very attractive.

Target 70 sen to enter

Still under selling pressure today. Show them another sign that no sensible holders would sell to them at the current price.

@VTrade, I spotted this article and did a research and found that Mestron makes specialty poles that fit the purpose of the project in Penang. Other competitor is Lysaght that makes the LYCORPOLE steel column and mast. Although the supplier for this project was not revealed, I have a hunch that it is Mestron.

https://www.malaymail.com/news/malaysia/2021/09/02/penang-to-install-smart-street-poles-under-connectivity-masterplan-says-exc/2002386

@m3379 yeah now that you've mentioned it, it's the same mathematically. weird isn't it?

https://www.nst.com.my/business/2021/08/722373/mahb-final-stage-assessing-rm400mil-aerotrain-bids

The moment somebody hard sell a stock,.....

RM0.50? Possible? Waiting with baited breath here.

How to break the jinx? I think we should stop the wishing for the time being.

I'm a bit concerned with the trading disruption today, breaking momentum. The eve usually feels like a Friday. I hope my fear is not realized.

Holding power is the key to winning.

It's only a matter of time the 1.15 resistance is broken. Like when it faced a brick wall at 1.09

Superb analysis. Director have no money to support the price. I wonder how you know that for sure.

Is there an impending news?

Solid Steel

SCK82, what do you mean "extend another div for Automatic"?

What's the reason for the sudden interest in this counter today? Anyone knows anything? Care to share with us?

Super Steel?

There's really no need to berate people who bought at a higher price. The valuation of the stock is one of the key aspects of consideration. This stock is seriously under-appreciated. Plenty of headroom. I'd rather chase a fundamentally sound stock versus a highly speculative one. Buy the dip whenever there's an opportunity.

Seriously, look at it this way. More and more people are getting vaccinated each day. It's only a matter of time before air travel opens up. Imagine the potential in this sector. Despite the pandemic this co. didn't lose money. That's what piqued me in the first place to put some money here.

At least 10% down from your previous batch.

Personally, I'd average down in the current situation. I set my own guidance of which price point to avg down. At the end of the day, it's still your decision whether to avg down or CL.

Comeback Steel

Healthy increment. We don't want a raging bull.