@superman7181, I don't think MAG will suit your taste. This counter is more like a boring stable growth counter. In my opinion, commodity stocks especially lumber, steel and oil will suit you more. Everyday new surprise for you. Good luck with your trading, dude. You've been a good mate.

New queue 0.55

Already pull out lmao

Hnmm, MQTech's QR result improved which is quite shocking to me. According to the report, the increase in profit is mostly from the increase in sales of precision and fabrication tools.

The news that he shared was from days ago, not today.

Since it let me earn 5 cents, I have no complaints for it.

I will try to queue @ 0.065

Just like what I predicted, those that bought at 0.07 but didn't sell at 0.075 will really cry now.

Matang today good volume

I am optimistic about the future education budget on STEM education in primary and secondary schools.
https://www.nst.com.my/news/nation/2021/10/734985/malaysia-needs-increase-percentage-students-stem-dr-adham

wait for the QR

same

Bintai just bought MGRC shares.

Dato' Sri Hadian Bin Hashim, the managing director of ICON Offshore has just subscribed to 1.65 million units of share at RM 0.105 per unit (12.5% discount based on the closing price, RM 0.12) on 15/02/2022 through ESOS.

Push NICE to 0.69

Matang's QR is looking pretty decent.

Waiting for Kanger's QR to determine fair value and enter.

Probably if there is a good QR, but the current situation is still quite bleak.

@newtrader1989, you need to understand most investors in this forum don't even hold shares priced at that high. Most that celebrates now bought at around 0.32.

He's an independent director without any shareholding in this company, so his resignation really does not indicate the possibility of the digital bank nomination.

Just like what I predicted, the buy queue @0.075 is gone now.

Posted by NoPainNoGain > Sep 30, 2021 3:55 PM | Report Abuse

A sh!tty trap counter.
Don't buy unless below 10 cents.

When you commented this on Sep 2021, you didn't realize it already rose to 0.21.

That's the problem. I don't know much about their operations. The variability on their costs can range from oil prices to the distance they travelled. Furthermore, I am not an expert in this industry. Since they already have an agreed premium with the Singapore company, I expect lower oil prices will help them instead.

A lot of people thought that ICON is an oil producing company but it is actually more like a support vessel company. So, it can just ride along the oil rally but under small influence (low rise/drop) no matter how O&G trend goes.

Dude, please provide updated information. Steven Kuah ceased to be a substantial shareholder very long ago. Nice try, buddy.

Another possibility is he will put the company under XL Holdings since the company is larger and he was just appointed as its executive chairman.

Lmao, I think it will be most probably get privatized by the chairman himself before he let the share price reaches so high. He already owns 53.61%.

The pattern too small.

But honestly, GhostRider999. That cup and handle pattern is too shallow in my opinion. Even though there will be a rebound, it is unlikely to be sustainable or go up very high.

If Kazakhstan supports Russia, then there will be possibility of a sanction on the oil export of Kazakhstan. Then, you know the rest?

Ya, what I meant is high price then less scale. You also need to consider that they consume bunker fuel as well.

@Ghostrider999, if I am wrong, pardon me lmao, since these are just my humble assumptions.

Bro, you gotta chill sometimes. If you try to understand from their perspective, you will know why some investors think that there are a certain pattern. In this case, I think he will the graph in a 5 days scale or something. I think he is a weekly based short term trader instead of a monthly based short term trader.

Lol, I told you it's just a sarcastic joke, relax dude. The "screw you" is fake and I agree with what you said about Theta.

Actually imo, I think he meant a small cup and cradle pattern in a 1 day scale as you can see it nearly forms a good rebound on Feb 10. However, it went back down afterwards.

Fk u, Benny. I earn 1000000000 from this counter and you earned none from it muahahaha!!!! You don't know how to watch a cup and handle candlestick pattern!!

^It's just a sarcastic joke, don't flag me haha.

Just received email response from them after asking them to change the website at their Bursa webpage.

So, you better cut lost unless you plan to let your investment sleep for more than 2-3 years before you even recover your costs. In this period of waiting, who knows there will be anything that happens to such a volatile company? After the pandemic, I think they will even sell their medical division.

Totally agree with what Dodge_wallet said. If they stick to their bamboo business, at least they have some worth. Now Malaysia is oversaturated with companies in construction sector and the upcoming increase in inflation rate will threaten the business further, since it will increase operation and material cost.

So, just wait for the VLSFO premium percentage to increase and the HSFO discount percentage to drop in order to buy back.

My advice is to wait for news that "ports are overcrowded with ships after the borders are opened", then only you reenter.

Well, a note for you. The oil bunkering businesses depends on the bunker fuel premiums, not the oil price to flourish. In most cases, high Brent crude oil can even hurt oil bunkering.

https://shipandbunker.com/news/world/460972-sb-analysis-latest-on-brent-vlsfo-hsfo-relationship-bunker-price-outlook-as-low-sulfur-premium-nears-2-year-high#:~:text=From%20May%202020%20to%20date,rolling%20average%20discount%20of%2018.6%25.

Well, I bought at 0.7, so I am waiting for it to drop back to 0.065. Once the resistance forms strongly and no one breaks it, people will feel fatigue and begin to sell.

Yes, my beloved chairman back in MAG. 800,000 @ 0.21.

Finally, there is a sell queue at 3.12 lmao. Just now there isn't even a sell queue around.

Lmao, Citadel. How many accounts you have? It seems like your Citadel666 account got suspended dy. Who pay you that much to comment everywhere lmao?

People want to buy, also got no one to sell. You guys are really suffering from success.

At least the ESOS is at 3 cents much better than other companies.

Return to queue for 0.015

Got a feeling it will drop soon, sold @0.75