Clearly seen that the market player is controlling the price at 3.30 - 3.45. Would be sideway for a period. We shall await for QR at end of June.

@ DaveInvest
LOL... he might be watching us now......XD I will definitely collect more if he dare to dump below 3.19

@ Raymond Tiruchelvam

Welcome.
10 MA is mainly for very short term trading.
20 MA is considered a "lifeline" to exit (if breaks below) or to enter (if stands above).
50 MA is for medium term investment
200 MA is for long term investment which frequently adopted by fund manager. Fund managers won't buy a stock if the price is below 200 MA.

For advance,
10 MA cross 20 MA - short term bull
50 MA cross 200 MA - golden cross for big bull

Do take note that TA is mainly helping you to buy and sell at the optimum time (can't use "right time"). Anyone knows TA can "draw" a chart and play a fool with you.

If you aim for short term play, focus on 10 MA instead. Otherwise, fundamental is still the core part.

@Daveinvest

I am a medium-term investor for this counter, aiming for its dividend after selling 18 pieces of land totaling RM 675,655,617. It provides the opportunity to collect whenever the price has discount.

Let's see whether the price can reach 3.45 today. If yes, high chance the price continue up tomorrow.

@DaveInvest

I trade other stocks while watching him playing solo. Once the price stable with low volume, I will come back to collect at low price

@ Raymond Tiruchelvam
Technically, the trend breaks 10 MA an 20 MA. It always not a good sign for a stock which breaks 20 MA. However, the good thing is the volume is less than 1 million in past 4 trading days. No change in fundamental.

@Daveunvest - there are 6,605 lots with 8 queues at price 3.45.
Who else has such money at RM 2.28 mil? absolutely it's not retailer, but market players.

If my prediction is correct, Crescendo will back to above 3.45 soon.

6,605 lots are queueing at 3.45. Likely the stock is temporary pressed at low price for their collection.

someone keeps on dumping the share, push up the price for few ticks then dump again. It still not the right time to buy in

current roadblock at 3.50 and 3.60. Most transaction today at 3.48.

Microsoft to invest RM10.5bil in Malaysia, says Miti
https://www.freemalaysiatoday.com/category/nation/2024/05/02/microsoft-to-invest-rm10-5bil-in-malaysia-says-miti/

JTGroup is urgently required to secure more contracts in coming 3 months, while the contract bagged on March 2024 will last for 13 months till Apr 2025.

The current status of JTGROUP could be at negative side, however once it proves itself as MAIN CONTRACTOR, the revenue will be growing exponentially.

Added positive point: Jati Tinggi Holding Sdn Bhd registered as Grade 7 contractor under CIDB, G7 contractors are recognized as the highest grade in the CIDB grading system.

Just to take note that TNB would issue contracts primarily to MAIN CONTRACTORS.

Since JTGroup is NOT main contractor, it will NO CHANCE to get any contract from TNB unless it switches its position to MAIN CONTRACTOR.

JTGroup needs to establish its presence as a MAIN CONTRACTOR instead of Sub-Contractor to be more profitable. Current order book sorely relies on the contract awarded on 7/3/2024 for RM 22 million data centre infrastructure.

First disposal - RM 117 million
https://www.sinchew.com.my/news/20231107/finance/5110895

2nd disposal - RM 111 million
https://www.sinchew.com.my/news/20231115/finance/5127803

3rd disposal - RM 315 million
https://www.sinchew.com.my/news/20231117/finance/5132752

4th disposal - RM 132 million
https://theedgemalaysia.com/node/707039

@ConstructionMinion: Thanks for the input. I just bulat2 calculate based on news. Even if at RM 120 per sqft, the sales value is substantial too.

Hope to get more input and pointer from you. :)

Both lands sold to Microsoft Payments at total price RM 447,640,000 with total land size 3,726,380 sqft, which is RM 120 per sqft.

Current landbank of Crescendo = 107,666,463 sqft. Premised on 1 sqft = RM 120, the value of landbank = RM 12.92 billion

Crescendo said the disposal consideration was negotiated on a "willing-buyer willing-seller" basis, means "buy it or leave it", no bargaining power from buyer.

Crescendo has landbank 2600 acres @ 113,256,000 sqft in JB.
After sold lands in November last year and recent 4th of April (two times to Microsoft Payment) which totaling 5,589,537 sqft, the landbank balance is still as high as 107,666,463 sqft.

27/3/24 - It's the first day for the major shareholder after 6 months since the IPO. Could usher in a major shareholder ticket.

fair price should higher than samaiden

crocodile made distribution already.... better run fast fast

gg result

sign gg

21622.500 -1041.500 -4.60%

D&O got fund managers support, JHM tak ada...
D&O fundamental is much better than JHM
share price is always supported by tycoon, not you and me or small guys.
don't buy the downtrend stock and below MA 20.

the show has ended... if can't go back above 0.82, just say goodbye

hmm... did sunview made offence towards its competitor...?

drop below ipo opening price, 0.615..... will further down

https://www.thestar.com.my/business/business-news/2022/09/26/cfm-energy-absolute-form-jv-to-distribute-ev-products-in-malaysia

Above MA 20 is the key

tin price dropped below 36,000. dont catch the falling knife..

support 3.59

support 1.80

breaks 50 MA. Support 3.31, 3.14, 2.92

42,255
Aluminum -14% from 3,873 to 3,321
PMBTECH drops from 22.00 to 16.04.

covering gap, 42,928.50 (-1171.50)
next support 3.99

technically still bearish and may cover the previous gap. dont rush to buy or average down...

Expect coming 3Q breaks net profit 15 mil. Management and top shareholder own ~73% ordinary shares (Year 2021). Share price can be easily to push above RM 5.00.

44,625 (+876)

break support 4.50, next supports are 4.24, 3.99 & 3.62...

below day ma 50 now...

there is a possibility to cover the gap 4.09 - 4.39...

go and google. then you will know. these are important indicators in technical analysis. I maybe wrong, let's see the progression of MSC in coming one week. market change is always reflected in the chart.

Commodities sure will spike up if Russia invade Ukraine again.

long queue sell at 4.80..

hourly 20 ma cross ma 50, macd dead cross...

technical turns bad. going to cover the gap 4.09 - 4.39. careful guys..

41957.50