Naim looks rebounding from recent sell off. Got in last wk closing 0.69.

Got some additional 0.22 recently to avg down my 0.255 bought 2 wks ago and sold all today bal 0.255, earned a bit.

Got in today at closing 0.945. The chart looks good for trending up plus higher crude now.

Closed at new high, looks like can still trend much higher.

When will the new shares from the rights be issued and start trading? Looks like those will sell take profit as rights issue was at 0.235, still substantial profit for them.

Got in 0.285.

Got in Zaki today 0.255, bet on next up wave.

Nice... back to 0.42. Think can target near 0.50 level.

Added today 2.40 level. Looks starting next up wave.

Sold some more shares at 0.39 and took some more profit held from low 0.20s. Saw 0.40 looks a resistance but even at 0.40 is trading at 0.3x BV, which is still very cheap in valuation.

Got in APB today at avg 2.30. Think this is just about a bit above the price paid by pmetal boss.

Sold half my stake at 0.31-0.35 ytd and today. Resistance s at 0.35. Hold the rest see if can inch above 40c level next week.

Just saw that on 3/7, Cap A actually seek extension til 7/10 but still pending bursa approval.

Waiting for the regularisation plan to be announced and think might be a spike up. Tony ever said expected to exit PN17 by this year.

Managed to sell zaki at 0.255 to earn kopi money as today can't sustain up momentum.

Got in Zaki ytd closing 0.25. What u guys think target sell price?

As for CapA, HLIB’s chart showed that the number of passengers carried has gradually improved 64.7% of pre-pandemic level in its 1QFY2023, as the group progresses with full reinstatement of flight capacity in 3QFY2023 and growth from FY2024 onwards.

Wong said the negative impact of the ringgit weakening against the US dollar will be negated by the lower jet fuel price and capacity expansion of the group.

“The group has been recording lower core losses over the quarters and is expected to turn around in 2HFY2023. Key risk is its Practice Note 17 (PN17) status, affecting the attractiveness of the counter,” he said.

Wong pointed out that CapA’s balance sheet remained distressed with negative shareholders' equity of RM5.6 billion, RM589.6 million cash, RM513.6 million short term debt level and RM4.4 billion short term lease liabilities.

“Nevertheless, CapA has received a clean audit opinion after managing to convince auditors of the group’s ability to remain a going concern for the foreseeable future.

“The management also reassured that PN17 regularisation plans are on track, without the need for capital dilution or equity raising,” Wong said.

It was previously highlighted that CapA would exit PN17 through a corporate exercise involving sister company AirAsia X Bhd and also potentially listing of the digital businesses in Singapore.

HLIB set a target price (TP) of RM1.15 for CapA and a TP of RM8.50 for MAHB. At 10.15am, CapA was trading lower 1.5 sen at 79.5 sen while MAHB was unchanged at RM6.90.

Nice... cleared 0.30... Looks like trending towards 0.35 next.

I have held UEM for over 9 mths and waiting for it to break above 0.30. Didn't sell all that time touched 0.31 after election. Maybe this time is trending up for real?

This stock looks trending up but a bit tricky for trading.

Anyone knows how long normally to exit PN17 after submitted a regularisation plan (if approved) by Bursa?

Trending up and going new high... Added today 0.735. Looks like this could be the next play.

Got in at 0.71 today after saw it broke new high. The new IPO stocks all been quiet since listing and this one and cloudpoint looks got player.

Nice closing at 0.695, highest closing for several weeks. Watch tmr morning may have action for a good run up.

Got in Bumi 0.48 today. Looks formed a good support at 0.42-43 level.

This time could be for real.... now cleared 0.69.

I have been holding since avg 0.645 level. Now 0.675.... Looks promising.... All the best!

Got in Cap A today 0.80 waiting for the Regularisation plan and exit PN17. SGX listed SIA has ran up more than 20% in 2 wks recently so think Cap A should be able reach $1.00 by end of July.

I think Govt can't let Pharma fail because that may affect the people access to medication. It will be serious issue and repercussions to politicians if any disruption to medication for the people and hospitals with lives at stake. So I think this is different as sapura (oil company no impact to the people) which is probably beyond saving.
I think their supply chain may not be so easily replicated in short term so maybe that's why BP and some potential suitors showing interest.

Im trading pharma for the short term, so not looking so far on the debt and pn17 status, as long as they don't receive letter of demand from creditor during this short term. The PP should be sufficient for them to avoid that but now not so sure if the price will move much until they completed the PP at 34c. But that also means they need to support the price around here to get investors taking up the PP.

The PP is to raise funds to pay off suppliers and those urgent bills due soon so they can continue to operate for time being. Probably buy more time for any possible deal or investment by the rumored suitors. Normally Govt will won't let a GLC fail because that will means a bad name for GLCs causing suppliers and banks will not willing to grant longer credit or grant loan in future.

Pharma is up today with volume at 0.41. Looks like closing the gap to target 0.43.

Cypark looks holding strong at above 60c level. They probably need to push price higher to raise funds later.

I got back in today at 0.38. Supposedly BP and a some PE maybe interested to buy a stake in pharma. So still chance of something positive coming.

Pharma is up today coincide with AGM same day at 230pm. Anything positive came out from that meeting?

Got in at 0.255 today. Seems like some volume today. Anyone else watching this?

Got in Cypark 0.63 n 0.635. Have dropped 50% from high and hoping for bottoming at 0.60+ level. Anyone watching this as well?

Thought wait 1 more day will drop due to contra players selling but today another big push. Made some from first round up but missed the boat this round.

Previously the govt said will announce investigation into NIISE contract awarding allegations by end Apr? If the govt did not find any wrongdoing, they should issue an official statement on the conclusion. Did they?

Added iris 0.115 at opening. Hope can Target sell around 0.16 contra trade.

Glad to hear NIISE contract extended that means govt did not find any wrong doing in awarding the contract.

Sold my Bahvest. Don't quite like the news of MACC getting involved but glad today up able to take my profit.

Finally Bahvest up.... Waited over 2 wks for it.

@youarewelcome88: Thanks... Hope to make some from this... Think the downside risk should be lower now vs last week as Lo should have liquidated all his shares so heavy selling should have been almost exhausted by now. RSI show very oversold and if today candlestick can close in green, then think good chance of a rebound up next week.

Price has stablized and waiting for price to break 0.14 resistance then next wk can look forward to 20c level.

Got in at 0.135 and 0.13 today. That Lo and gang should have finished selling their shares today and big selling should be completed by now.
Bahvest looks very oversold and think now is time to buy and wait for the rebound. My target to sell at around 20c level,

The NIISE investigation by Govt should be releasing findings by this week?

Major resistance at 0,44. Many stucked before the impairment bad news will be eager to sell around there. Current price hard to trade already.

Just saw this yong tai so weird... did a share consol 5 to 1 in July then followed by a 1 for 4 bonus issue.

Got in at 0.29 when it retraced from 0.305 in morning.