Has 69% buying rate today. Good sign

Has 67% buying rate today

I just ask be careful. For long term investors, it is worth to keep.

ryong92. yes, I left yesterday but bought back at 0.67 this morning :)

Be careful. Each time SYF touches on Bollinger top line, it will drop back next day. I experienced it few times. Take care.

I bought it today. Bollinger just open. it is coming.

I go to fajar. Its Bollinger just wide. coming soon. Bye.

Hi friends. I bought back this early morning. I just sold all. Hope you all d best. bye

Althoughh DJI before opens at 10.30pm M'sia time, it is dropping almost 400p. No eye see tomorrow.

Althoughh DJI before opens at 10.30pm M'sia time, it is dropping almost 400p. No eye see tomorrow.

Althoughh DJI before opens at 10.30pm M'sia time, it is dropping almost 400p. No eye see tomorrow.

It is not a special news. My main concern is new target price from research house.

If US DJ has heavy drop tonight, sure there is heavy selling tomorrow, especially tomorrow is Friday. Investors seldom want to hold stock during weekend.

I just sold out all. Although US share market is not open yet, but you can see the index in yahoo finance as reference. It is -250p now. WTI crude left 32.22. I better hold cash first. Good luck to all of you.

I just sold out all. Although US share market is not open yet, but you can see the index in yahoo finance as reference. It is -250p now. WTI crude left 32.22. I better hold cash first. Good luck to all of you.

10am AGM. May b no good news. Otherwise, share should move up now.

tomorrow is Friday. I rather to wait until next week then only go in again. risky to keep stock over weekend now with current macro economy

Sign seems is not good. China share is dropping 585p or 5.68%. WTI crude is 33.38. All are bad new. Tomorrow is Friday. Sure worst. I will consider to sell it first.

my cost is quite low. Lazy to sell it & re-buy back. Never mind, keep it for long term. AGM will be today. Believe re-rating on target price by research house will be out this week. Wait.... If new TP is 1.00, then it will become shining star :)

It has broken resistance of 0.64. Reaching 0.70 is possible.

Y2016. Wong Yik Kai disposed it on 31st Dec. Small qty only.

Its MACD is on flat. If it drops on tomorrow, MACD will be move down and may cross below Signal. In that time, it will be a selling signal. RSI is about 70 now. Hope it will not drop.

AGM is on 7th Jan. I expect there is good news to be released as most of the major newspaper are invited for attendance.

Business News

Saturday, 2 January 2016

Fund manager's stock pick

UOB KayHian Research

Stock pick: WCT Holdings Bhd

WITH RM2.8bil worth of jobs secured last year, WCT Holdings Bhd’s order book makes up 4.1 times of its 2014 construction income.

Besides the decade-high order book of RM5bil, margins for the outstanding jobs are also higher due to the slew of infrastructure contracts that could bring its pre-tax margins to between 5% and 8%.

The upcycle seen in the construction industry is among the few main reasons that WCT is one of UOB KayHian Research’s top picks. UOB KayHian sees earnings contribution from its bread and butter construction arm, which should come in as early as the first quarter.

There could be upside surprises if the company clinches more contracts going forward. It is tendering for construction jobs worth RM4.9bil.

Following the paring down of its stake in the 608 acres in Serendah to UEM Sunrise Bhd in December, there is the possibility of more asset monetisation in future.

WCT is in active discussions to unlock the value of its investment properties through a real estate investment trust structure, which could start with the Bukit Tinggi Shopping Centre and the Paradigm Mall in Kelana Jaya.

Both have a combined value of RM853mil and earnings before interest, taxes, depreciation and amortisation of RM70mil.

Another catalyst is the RM1bil cash settlement that it could recover from the arbitration case in Dubai for the next two to three years.

http://klse.i3investor.com/blogs/citta/88956.jsp

up to date, its MAs in short term to medium term is still moving up. Still has chance to rebound. The correction is short term only. Hope there is good movement next week.

I believe big shark have been in. The selling qty within these 3days was from institutional investors, not from big shark. If you look at the details of transaction qty, you will know what I meant. Big shark is still holding their share. I believe 2nd wave of rebound will come soon.

After d drop in these 2days, its TA chart is still looking good. Uptrend is still on, not over yet.

In fact, WC and WD has higher risk compared to WE because WC and WD had been up a lot.

No need worry. Wct is not a frying stock. It has strong fundamental. Rm4.4bil ordered book + window dressing + US DJ up + oil price up, u dont buy to earn money now, when do u want to buy? In fact, i hope to buy more wct-we next monday. Hope to sell it between 0.25 - 0.30

US stock was up 185p on wed and oil price is up also. Hope monday has good show. This WCT is undervalue now. No harm to buy more.

I believe it will touch at least 2.00 WCT. I will wait. It has RM4.4billion order book in hand. No need worry it will drop

No worries. Steady. Chart is still very nice.

no worries. Steady. Chart is still very nice.

Really is possible. Its RSI is 74 now. In May 2014, it has been increased from RM0.75 (at RSI 74) to RM1.25 (at RSI 92). It was about RM0.50 increase.

Supporting is at 0.13. Hope it will not drop below it.

Jstockman. Wat do u think on csl next week?

If you study its price movement since Oct, its pattern is always "up & down", then rebound further to higher price. Sure all stocks have correction. For this stock, good chart is formed as all MAs 20, 50, 100 & 200 are in uptrend mode. I will expect it touches 0.70 before CNY.

As from the latest earning report:
* 2 new property projects will be developed over next 2 years.
* JV residential development will be launched in early 2016
* Extra capacity from factory will be operating in early 2016

As from the latest earning report:
The increase of RM34.9mil in sales is from:
* Property sales - RM28mil
* increase in boards sales - RM3.2mil
* increase in rubberwood furniture export - RM7.3mil

It means sales from all segments is improving.

Its debt ratio is 0.43. I can't say it is very good, but not bad. The lower the ratio is, the better it is. For example, the debt ratio of SP Setia is 0.49. I can't say SP Setia is not good. Normally company in expansion may have higher debt ratio. Need more capital for projects, especially property development and new factory built up.

If sales in future is not good, it can't be for SYF to build new factory & operate in coming Jan. Sure has good planning for future.

Its supporting is at 0.143. It should be safe to buy it now at 0.145

Its price has broken 55sen as mentioned above. Being identified as "Next Big Thing (NBT)", don't play play :)

My earlier MyBursa news, last sentence is below.

As reported earlier, MyBursa had identified SYF as the Next Big Thing (NBT). The stock closed at 51 sen on Monday, but for the stock to really go on a run, it must first break the 55 sen level. Do that, and SYF will do justice to the NBT tag.

RSI is 75, overbought. There is chance to drop back. Hope it will not. Overall, all MA20, 50, 100 & 200 are in uuptren mode. Definetely it is a good chart. Worth to keep it for higher return.

Earning result is out. Revenue is RM94.9mil & profit be4 tax is RM13mil.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4952081

Hi guys, I don't buy instacom. No worries, there is supporting at 0.24. Bad time will be over. Share price always be up & down, holding will depend on whether u are short/long term investor. For those who want to hold it, I respect your decision. There is no wrong or right. Everyone has right to make his/her choice.

zbaikitree, Wahaha in XOX blog is looking for u.