My 2 sens' worth on HY: Before HY rose to its peak of 19.20 not too long ago, its price action pattern was a classic, smooth rise ( of course with periodic pull-backs) until just before 19.20 when its price action became parabolic. But that was also classic.
Since then, new players have come into (I suspect from China) HY. These new entrants have lots of cash, but they don't respect or care about your TA or FA. They trade like monkeys do - jumping up and down. They push up the price in the morning, and press it down in the afternoon, after they've made some intraday gains. Because of their daily antics, HY's price action have become very erratic and very volatile!
I feel the Bursa authorities should sit up and take note of who these monkeys are, and do something about it.

In the case of structured call warrants, don't wait until expiry, bcos
even if the mother share price is higher than the exercise price and you make a gain, you still have to divide the gain by the conversion ratio. Then compare that net gain with yr entry price to see whether you've made a profit or not.

Eforce's warrant's conversion price of RM0.68 is overpriced. It should be between 0.45 to 0.50 sens.

"Who own the rights to tocotrienols? Is it Hovid or Carotech?"

Apparently it's either Hovid or Mr. David Ho (MD/Chairman of Hovid) himself.

Thanks a lot, veln82k6, for the infor you have provided above re Hovid and Carotech, and Carotech's website. I really appreciate it.

I'm still a believer of tocovidsuprabio's tocotrienols. But I've stopped consuming them because they are very expensive - a 200mg twin promotional pack of 60 capsules sells for RM325.00 (after discount).

Carotech has been delisted. But my Carotech shares are still registered with the Bursa's CDS.

There has been a total news blackout on Carotech. The Board of Directors of Hovid owe a duty to all shareholders of Carotech to come out with a statement to explain what was the final outcome of Carotech.

Tocotrienol was manufactured by Carotech, a subsidiary of Hovid. Carotech's tocotrienols was derived from palm oil through a patented process. I was a big believer of the potentials of tocotrienols, and had consumed TocovidSuprabio myself as I'm a heart patient.

I also invested in Carotech. But Carotech has gone into receivership due to too high gearing, and also because Bursa rejected the Rescue Plan put up by some White Knights, even though the banks were willing to take a haircut on their loans to Carotech.

What has actually happened to Carotech? It had a spanking new factory, which was supposed to increase the production of Bio-Diesel, palm oil derived Vitamin E, tocotrienols, etc many times over.

Does anyone know the final outcome of Carotech?

Hovid used to own about 70% shares in Carotech. It believed in the huge potential of Carotech’s products I suppose. But when Carotech’s business went awry after the sub-prime crash in the US in 2008, it started to divest its shares in Carotech by giving “dividends in specie” to Hovid shareholders. It may have been a right move for Hovid, but ordinary investors would have held almost worthless shares of Carotech. Yes, Hovid would have suffered losses too, but its exposure to Carotech’s losses was very much reduced through that exercise.

Since then, there had been no communication from either Hovid or Carotech. Hovid seems to have washed its hands completely of Carotech.
24/09/2014 22:50

Tocotrienol was manufactured by Carotech, a subsidiary of Hovid. Carotech's tocotrienols was derived from palm oil through a patented process. I was a big believer of the potentials of tocotrienols, and had consumed TocovidSuprabio myself
as I'm a heart patient.

I also invested in Carotech. But Carotech has gone into receivership due to too high gearing, and also because Bursa rejected the Rescue Plan put up by some White Knights and even though the banks were willing to take a haircut on their loans to Carotech.

What has actually happened to Carotech? It had a spanking new factory, which was supposed to increase the production of Bio-Diesel, palm oil derived Vitamin E, tocotrienols, etc many times over.

Does anyone know the final outcome of Carotech?
24/09/2014 22:50

I've been investing in this stock since 2009, and believe that their new trading N services business model is even better than the previous mfg model.

"ADVENTA-RESUMPTION OF TRADING

ADVENTA BERHAD

LISTING'S CIRCULAR NO. L/Q : 69854 OF 2014

Further to Listing's Circular No. L/Q 69848 of 2014, kindly be advised that trading in the above Company's shares will resume with effect from 9.00 a.m., Friday, 21 February 2014.

Your attention is drawn to the Company's announcement dated 20 February 2014."

Hurray!!! Adventa just announced upliftment from PN17 status!

A new highway has been planned from Senawang (in Negri Sembilan)cutting through Springhill's land to the KLIA. Contractors have submitted their quotes for this proposed new expressway. It will shorten the journey to JB, and to PD, and will make staying at Bandar Springhill attractive, not only because the house prices are cheaper than in KL, but also enables those working in KL to commute from Springhill to KL faster. There is also an international school located there already.

I'm taking both a short and long term view on this counter. But the immediate TP = 23 SENS, according to the chart. If it can touch this price I will consult the charts again for a sell signal to take profit, if not will hold till sell signal appears. If after selling, the price continues to go up, I will buy back if the chart and mkt sentiments warrants a re purchase. But this counter is now in my watchlist.

whytea, without a doubt. Any increase in price of Muiprop will definitely help to boost up MUI, bcos it is a subsid of MUI.

whytea, yes, since last 2 trading days.

Re MUIPROP:
Moreover, another catalyst to Springhill's attractiveness, is the soon to be relocated TUDM base from Sungei Besi to Bandar Sri Sendayan (BSS) of Matrix Concepts. BSS is just next to Springhill. It (the TUDM Base of 750 acres) will house ground training facilities. About 5K personnel with their families will be relocated. Springhill will also enjoy the spillover effect from this.

The new Expressway from KLIA to Senawang (which is south of Seremban), and cutting through Muiprop's Springhill land will cut short the distance to go to Port Dickson from KL and vice versa, and will:-
1. Increase further the land value of Springhill;
2. Increase the value of houses built there;
3. Increase the demand for houses in Springhill (more people who work in KL will be prepared to relocate to Springhill and commute to KL because houses there will be cheaper than KL, and more affordable to young working families);
4. Springhill's neighbour, Matrix Concepts has a 685 acre Industrial Hub to provide jobs at door-step. Quoting from RHB Research's Report:"(iv) MCH is also an industrial proxy within the Klang Valley Located next to BSS is STV, a 685-acre industrial hub that is creating job opportunities. A few newly built factories have already started operations, with some undergoing construction. Given the ready infra such as power and water supply, freehold land status, connectivity to the North-South Highway and KLIA as well as the flexibility for industrial players to choose their preferred land sizes, STV has managed
to attract many local and foreign auto or aircraft parts manufacturers. Thus far, it has garnered MYR2.7bn worth of foreign direct investments. Its key investors include Hino Motor, Messier-Bugatti-Dowty, Keen Point, MCT Metal, Akashi-Kikai Industry/Daihatsu, MBM Resources/Mitsubishi, Nippon Kayaku, Meditop Corporation and the latest addition being UK-based Weir Group."

Extracts from MUIPROP'S 2012 audited Annual Report: "2.2 Summary of significant accounting policies (cont'd)
(d) Investment ProPerties:
Investment properties are land and buildings held by the Group for their investment potential and rental income and are stated at cost except for the freehold land of the Company which was revalued in 1982 based on independent professional valuation using open market value basis.

The freehotd land of the Company has not been revalued since it was first revalued in 1982' The Directors have not adopted a policy of regular revaluations of such asset and no later valuation has
been recorded. As permitted undei the transitional provisions of tAS 16 (Revised): Property, Plant and Equipment, this asset continues to be stated at its 1982 valuation."

Muiprop's land had not been revalued since 1982.

Hi guys, A NEW EXPRESSWAY IS GOING TO BE CONSTRUCTED FROM SENAWANG TO KLIA, AND IT'LL CUT THROUGH MUIPROP'S SPRINGHILL DEVELOPMENT. READ MY EARLIER POST PASTED BELOW:-

RHB Reseach, in a report on Matrix Concepts Bhd's development in Seremban on Jan.6, showed a map of the development which indicated that a new, proposed Express Way from Senawang to KLIA will cut through MUIPROP's SpringHill development land.

Per RHB Reseach Report:"The Senawang-KLIA Expressway has been proposed and the contractors are now submitting their tenders. The new expressway will offer an alternative route linking the North-South Highway and KLIA. Note that the expressway is also important to MCH as it will pass by or is near to the land in Labu that it acquired last year."

Go to:http://klse.i3investor.com/blogs/rhb/44367.jsp for the report.

RHB Reseach, in a report on Matrix Concepts Bhd's development in Seremban on Jan.6, showed a map of the development which indicated that a new, proposed Express Way from Senawang to KLIA will cut through MUIPROP's SpringHill development land.

Per RHB Reseach Report:"The Senawang-KLIA Expressway has been proposed and the contractors are now submitting their tenders. The new expressway will offer an alternative route linking the North-South Highway and KLIA. Note that the expressway is also important to MCH as it will pass by or is near to the land in Labu that it acquired last year."

Go to:http://klse.i3investor.com/blogs/rhb/44367.jsp for the report.

RHB Reseach, in a report on Matrix Concepts Bhd's development in Seremban on Jan.6, showed a map of the development which indicated that a new, proposed Express Way from Senawang to KLIA will cut through MUIPROP's SpringHill development land.

Per RHB Reseach Report:"The Senawang-KLIA Expressway has been proposed and the contractors are now submitting their tenders. The new expressway will offer an alternative route linking the North-South Highway and KLIA. Note that the expressway is also important to MCH as it will pass by or is near to the land in Labu that it acquired last year."

Go to:http://klse.i3investor.com/blogs/rhb/44367.jsp for the report.

MUIPROP (CLOSED yesterday @ 18.5 sens) has formed a shallow saucer-shaped pan pattern with a long curved handle(bullish). It has a depth of 4.5 sens. This pattern took about 8 months to form (from Mid May to now. The Target Price is 23 sens, Minor resistance at 19.5, 20 sens and 21 sens. Latest price now (@4.56pm) @ 19 sens is well above the parabolic sar indicator, showing today's price increase still has strength.
Note: Buy at own risk.

I use candlestick charts with a choice of indicators, moving averages, etc. from OSK188OMS, CHARTNEXUS, and METASTOCK.

andygan, I'm not saying that Muiprop is already in uptrend. It has the potential to go up further because the bowl-shaped pattern the price action has been completing normally is a bullish indicator of potential price rise. But market sentiments in the coming days are important to sustain the momentum.
Today's FBMKLCI Index closed with a Bullish Harami (pregnant) 2 candlesticks pattern. But a confirmation is required in tomorrow's trades. If the Index were to close above 1833 with volume, then a reversal of past 5 days' downtrend is confirmed.

MUIPROP (CLOSED today @ 18.5 sens) is in the process of completing a shallow saucer-shaped pattern (bullish), with a depth of 3 sens. This will give it a Target Price of 22.5 sens, ie., top of bowl of 19.5 sens + 3 sens = 22.5 sens. Minor resistance at 20 sens and 21 sens. If market sentiments continue to be good, the 2 resistance can be easily cleared.
Note: Buy at own risk.

Since its downtrend from Nov.12, 2013, PMCORP'S price action had been forming a DESCENDING WEDGE PATTERN. Since PMCORP had been on prior uptrend before Nov.12, the Descending Wedge Pattern is a bullish continuation pattern. On Monday, Jan.6, it broke above the upper descending resistance line with significantly high volume of 1.26M shares traded, and continued with even higher volume of 4.24M shares today. Target Price is 33 sens, provided it can clear above the Descending Gap created between Nov.12 - Nov.13, 2013 of between RM0.305 - RM0.32. Also note that a minor resistance at RM0.245 was convincingly cleared today.
Note: Upside potential is there, but trade at your risk, and this is not an invitation to buy or sell. The decision is yours to mae.

According to 30 min. intra day chart, from Dec.10 till today, a double bottom of soughts chart pattern was created,with height of 2.5 sen. This 2.5 if added to height of D/Bottom of 0.235 = 0.26 sens (Target Price).

andygan. 1 trading lot is 100 shares. So your 1256 x 100 = 125600 shares. But today's volume for PMCORP is 12562 x 100 = 1,256,200 shares.
Can someone pls confirm that per trading lot is now 100 shares, and that today's vol is 1.256Million shares traded.

andygan, correction. Vol 1256 lots is only 125,600 shares. Actually, today's vol is 1.26M shares traded, ie., 12560 lots. Compared to last 2 days' vol. of about 300K shares traded, today's vol is a hefty jump.

mike, thanks. u r too fast 4 me to follow!

mikekong55, what's yr story about Wellcal now? Will it go back up to 4.00 or will go down further, or go sideways? That is, until share split.

Electricity costs only 1.6% of total production costs. So, next yr's electricity cost increase will only affect the co's production costs marginally.

Reckon it'll still be able to pay 10 sens div after split next fin yr. So, @ cost of 1.30, div yield would be about 7.7%.

I have been holding this stock for its div. for some time now. This fin yr has rec'd 18 sens/share already. Topped up today so's to get more stocks due to proposed split (2.5 from 1). Even though paid a higher price, but plus my prev pur will bring down average cost to about RM1.30, after the split.
27/12/2013 22:04

BULLISH DIVERGENCE BETWEEN STOCHASTIC N MACD HISTOGRAM (BOTH BULLISH) N PRICE (BEARISH), INDICATING THAT PRICE MAY GO HIGHER.

smalltimer, For a country manager he (Clarence Ho) is so negative about his product. He did not come across as someone who is gung-ho and passionate about his own product. NFI would do well to put someone else who is passionate and full of hope in spite of limited resources.

A country manager like that will sabotage a good product.

mikekong55, go and enjoy your well-earned holiday with your family. Have a great time together travelling around Europe. Come back refreshed by the winter's cold, but fresh air, and repeat your feat as you did this year! A happy and blessed New Year to you and your family!

Quoting mikekong55: "where got player for this counter." "forget this counter" "please advise your friend's. here;sinking deeper."

mikekong55, your statements above are just a small sample of all the negative vibes you've been pouring on this counter. It makes me feel that you are spewing ill-intent on the performance of PMC so that if it goes down further the holders here will sell, and, then, you can pick it up again at 10 sens as you did at beginning of this year, so that u can make another killing.

Now i can see your so call friendly advise is not at all altruistic, and are loaded with ill-intention.

I'm holding my shares in PMC for its fundamental value, which says that even in the unlikely event of it being liquidated, it is worth at least 34 sens.

So, mikekong55, please go and have your holiday without leaving a trail of negative vibes here. It may follow you.

mikekong55, the whole mkt is down, n not just pmc.

There would probably be a tapering soon in the US. BUT long term interests would like be kept at same rate as now. So, the impact of the tapering would not be so bad on Wall Street.

Re Excel Force MSC Bhd: Go to the below stated site for FA DATA, which provided by its subsidiary, Insage, which provides financial data on quoted companies for FA purposes.

http://www.insage.com.my/ir/EFORCE/financial_ratioanalysis.aspx

Calvintan, while you r at it, look also into EForce (Excel Force MSC Bhd). This company has been around since 1994. Was founded (by a Taiwanese couple (who r still running the company).

"Established in 1994, Excel Force MSC Berhad (EFORCE) is currently the market leader in Malaysia for the provision of financial services business solutions. With more than a decade of experience in offering information systems and services to the Banks and Stock-Broking Companies in Malaysia, EFORCE is the first IT Company in Malaysia to provide a total, comprehensive and market-proven business solution for the stock broking industry from Front Office to Back Office..."

The company's stock closed at 57 sens on Friday (up 5 sens). Its dividend increase from 2 sens to 4 sens so far this year. I expect a further 1 or 2 sens for the YEnding Dec31, 2013. Buy for its good div yield and growth potential going forward.

smalltimer, why don't you check out MPlusOnline - the e-broking arm of Malacca Securities. For the Cash Upfront account, they charge 0.05% brokerage the first 3 months, and 0.08% after that. They provide one of the best online/real-time trading screen infor i know of, intra-day charts, and FA data.

Than you, patricksim53.

Logically speaking, KKP would also want a CASH PAYOUT from PMCORP because he (through MUI) would get the lion's share of such a payout. Let's say a par value reduction of 25 sens is envisaged. Then total Cash Payout would be RM88.55M. MUI's share would be 80% of RM88.55M, which is
RM70.8M, a hefty sum to help him pay back debts and reduce interests payments going forward.

So, tell me, why would KKP NOT WANT A CASH PAYOUT? AND IF PMCORP LOOKS GOOD AFTER A CAPITAL RECON EXERCISE, MUI WILL DEFINITELY ALSO LOOK GOOD!

mikekong55, KKP n Hope Foundation's relationship is already in tatters since he (KKP) took the case against the latter.

mikekong55, yr fear about KKP transferring cash to MUI without shareholders' approval in a General Meeting is also my fear too. And I have expressed this to Calvintan. He told me that at the last AGM of PMCORP, the shareholders vociferously expressed their displeasure on this practice of money transfer in large sums without shareholders' approval in the past. The Board then assured them that this would not be the case going forward. And so far, this practice has since stopped.

That is why SHAREHOLDER ACTIVISM of PMCORP is very important! Mitras, Mitras, where are you?

BASED ON THE MOST CONSERVATIVE MEASURE OF A SHARE'S VALUE IN FA IS: NET NET CURRENT ASSETS (NNCA). THE NNCA OF PMCORP IS 22 SENS, BASED ON SEPT.30, 2013 ACCOUNTS. THIS COMPARES WITH NNCA OF 16 SENS AS AT 31DEC,2012. SO THERE HAS BEEN AN INCREASE IN THE NNCA SINCE THE LAST FINANCIAL YEAR.

SO IT IS VERY UNLIKELY FOR THE PRICE TO GO BELOW 22 SENS. EVEN IF IT GOES BELOW 22 SENS IT IS LIKELY THE WORK OF SHARK SYNDICATES, AND IT WILL NOT PREVAIL FOR LONG.

zu1967, NO. I bought PMC based on its intrinsic FA. And its operational revenue is going to increase going forward. The way forward is UP, UP N UP for this counter. This going to be another grossly undervalued stock that's going to outperform the Mkt from 2014 onwards!!!