The correct trading strategy for AYS - In my humble opinion

AYS is in a downtrend mode - as such the correct trading strategy is:

Any price rebound - unload, sell irrespective of making profits of small losses

Get out of buy position and stay sideline. Should be able to collect at much cheaper price down the road. Maybe 40 sen?

:) :) :)

I am looking at 40 sen to make any purchase

IMO
AYS long-term trend is still down.

Price has not reach rock bottom. Stay side line and wait for cheaper price if you still want to buy AYS

Beware - Chart wise, VS could be in a major downtrend mode

Stay clear of VS. US Custom could be looking into the immigrant workers conditions in this factory

Beside, EPF already ceased to be a substantial holder

VS is in a major downtrend mode
EPF had ceased to be a substantial holder around 18th Dec 2021

You must be joking

Posted by UlarSawa > Dec 6, 2021 4:51 PM | Report Abuse

cantek lah closed at 54sen. Mana semua penkritic wtg lower one. Evrryday cakap mau lelong price one. Ayam Yang Sedap betul ada sedap lah. Correct?


My comment

The right trading strategy for AYS is - Any price rebound is a good opportunity to unload your position (take what every profit or cut loss)

Today is a good opportunity to unload your position

You can get cheaper price further down the road (If you still want to keep AYS for long term)

IMO - Chart wise, AYS is still going South. All steel counters are also going South

Better stay out of steel counters for now and wait for good opportunity to collect them at cheaper price

IMO - Chart wise, Hiap Teck is still going south. Practically all steel counters are also weak.

Potential RM13.4m fine from IRB is hanging around Hiap Teck neck.

Prefer to give Hiap Teck a pass and wait for a good bottom support before committing my capital.

These big speculators are really misers, not willing to throw millions of shares for retailers to accumulate

Price at 37.5 sen is good opportunity to accumulate for long-term passive investors.

But the volume is just negligible for meaning accumulation

Big speculators are trying to lure retail investors to sell to them

Posted by goodiewilly > Dec 1, 2021 9:03 AM | Report Abuse

You are right. The scenerio 3 years ago while Dyson pulled out from VS, VS was in perfect conditions to look for new customers to fill vacant capacity (no quality nor forced labour issues).
Now for ATA to look for new customers with reputation of forced labour issues and quality not met France customers issues, they need double or triple efforts to do so. The worst is that they become subcontractors for VS and SKP, at least to run their productions when their forced labour issues settled (Dyson may close one eye to put them as indirect subcontractors)

My comment

Beware: VS and SKP foreign workers could be in the same conditions as ATAIMS, as most foreign workers are controlled by cronies agents

When US customs investigate them, they could drop like a ton of lead

Posted by deMusangking > Nov 29, 2021 7:49 PM | Report Abuse

the big question tomorrow: will it limit down again?

My comment

"Most likely another limit down to 22 sen on Tuesday. Too many shares on margin call from banks.

Big shareholders may not be able to support, as they could suffer margin calls from old shares pledge to the banks".

:(

Posted by nono_hardi > Nov 17, 2021 11:36 AM | Report Abuse

anyone comment on this stock? It seems to be clear next week.

My comment

"Very soon they could be blood on the street for this counter"

Posted by goodiewilly > Nov 29, 2021 6:14 PM | Report Abuse

VS has a good design house for their clients. They may be able to design and produce products best fit for clients standard and requirements.

I never hear ATA got any design house. ATA is busy in fire fighting to save daily production volume, quality and labour shortage issues. I doubt they have times for others.

If Dyson wants you to swallow volumes that you may have to find all ways out to swallow, this is a happy issue. You will not spend any single effort to look for new customers.

My comment

"VS could also employed many foreign migrant workers who may have the same issues like ATAIMS". When US Customs and Border Protection Department (CBP) started to investigate VS, it price could plunge down".

Buyer beware

The AYS big speculators had been accumulating the shares around 40 sen between July to August 2021. They subsequently ramp up the shares to 70 sen and started unloading their cheap shares to retail investors as high as 90 sen.

The big speculators can afford to unload their share way down to 40 sen. They will only accumulate the share again when there are blood on the street.

Why would the Directors consider share buy back when the big speculators are still unloading their shares? They may consider share buy back between 20 to 30 sen?

By the way, most of the world markets are at or near record high, in fact even higher than the pre-pandemic level.

The upside is limited. Big speculators are looking for any excuses to sell down the market.

The big speculators can make big money when market crushes. Only retail punters will can crush as they seldom know how to short the market

By the way, most of the world markets are at or near record high, in fact even higher than the pre-pandemic level.

The upside is limited. Big speculators are looking for any excuses to sell down the market.

The big speculators can make big money when market crushes. Only retail punters will can crush as they seldom know how to short the market

By the way, most of the world markets are at or near record high, in fact even higher than the pre-pandemic level.

The upside is limited. Big speculators are looking for any excuses to sell down the market.

The big speculators can make big money when market crushes. Only retail punters will can crush as they seldom know how to short the market

Posted by JKPTR > Nov 27, 2021 10:24 AM | Report Abuse

ON April 19, the US Customs and Border Protection Department (CBP) acknowledged receipt of my formal complaint concerning allegations of
1. systemic forced labour (including, but not limited to unethical recruitment practices and
2. inadequate working/living conditions) at ATA IMS Bhd.

COMPLAINT 1 has been around since mega foreign workers recruiting project last 10 years
I heard of workers passport being detained by workers supplier even though they dont owe LHDN billions of dollars. Their salaries disbursement are controlLed by a cartel in cohort with HR department of the factory. I heard every month , one supplier of 300 workers to a factory earning few hundred thousand of "extortion money or 10% corrupt money " from the worker because he and the HR are buddies.
From time to time we hear of cases of foreign workers salary 3 months not paid and the supplier disappeared, says the HR. HR should sign letter to be guarantor for the salary.,not the cartel

2.Made worse by recent COVID19 PANDEMIC

"If the above is true, many companies in Malaysia could be in big shit trouble when US Customs and Border Protection Department (CBP) started to investigate all the big companies in Malaysia".

Retail investors beware

At 40 cent, MHB is still a very good buy for passive long-term Investors.

Keep it for 1 to 3 years to harvest reward around 3 folds shouldn't be a problem.

Current trading volume for MHB is way too little to accumulate. May need alot of patient if you want to accumulate at 40 cent and below

Cheers,

The earlier super profit is not sustainable.
Earlier super profit made was due to old inventory/stock bought at much lower price and sold at higher price.
Going forward, the cheap inventory/stock could be depleted by now and need to replace with new inventory/stock at higher price.
The next few quarters result should not be fantastic and expect AYS price to move South or at best flats

This is just my humble opinion

Game over for AYS?
The earlier super profit is not sustainable.
Earlier super profit made was due to old inventory/stock bought at much lower price and sold at higher price.
Going forward, the cheap inventory/stock could be depleted by now and need to replace with new inventory/stock at higher price.
The next few quarters result should not be fantastic and expect AYS price to move South or at best flats

This is just my humble opinion

In my opinion, KYY bought the bulk of AYS around 38 to 55 sen.

He is still making big money at 70 sen. Better stay out of AYS as the speculators are unloading their shares

Buying AYS at 70 sen is a piece of cake. But getting out of your buying position with a good profit at this price could be a dream. Don't get trap and become a "Reluctant Long Term Investor"

Technical speaking - AYS price is going South after the private placement 38m at 76 sen granted listing on 3rd Nov 2021

At 70 sen, the speculators who bought the private placement is losing money, unless they sold short at 95 to 85 sen before the listing of the private placement

Get out of your buy position B4 you become a "Long Term Reluctant Investor"
:(

With the immediate resignation of CFO after the "notice of additional assessment received from Inland Revenue Board amounting to RM13.4m" the financial conditions of Hiap Teck is getting clearer :(

Some info on "MARKET TONE"

1. When a Company gets good news and its share goes down, it means the company is very weak

2. When a Company gets bad news and its share goes up, it means the company is healthy

3.When a Company gets good news and its share goes up, it means the company is normal

4. When a Company gets bad news and its share goes down, it means the company is normal

Retail buyers beware!

It appear major shareholders of AT buying ASDION Bhd at 50 sen, way above ASDION's current price of 25 sen. 100% premium

Money is sucking out of AT into ASDION - both companies major shareholders could be inter-related.

For your info, the net shareholding of AT is 4,627m shares, which is HUGE and retail shareholders are at the mercy of the major shareholders

AT could eventually need to structure a capital reduction of 10 or 20 to 1. (Every 10 shares reduce to 1 share)

At 39.5 sen, MHB is still a good buy, for long-term passive Investors. Buy and keep it for 1 to 3 years. A 3 folds gain could be realized within this time frame.

For your info MHB is backed by Petronas and MISC.

This counter need passive investors for long term gain
Won't shoot up like a rocket, typical of highly speculative penny stocks

1 to 3 years period for a 3 fold gains is a good investment

Averaging down at this price is a non brainer

Still waiting to collect at 35 sen or below and keep for 1 to 3 years long term investment.

Cheers :)

Very useful information

Thank you

KYY recommendation at 62 sen could be too late

For your info - Big speculators first collected at 20 sen and subsequently accumulated at 38 sen

At 62 sen, they are sitting with paper profit more than 60%. Even when they sell down to 38 sen, they still in the positive side

Buying at 62 sen is a piece of cake, but getting out of your position with a good profit may be tough. Most likely greedy retailers could end up holding their losses and become a `reluctant long term investor' :C

KYY recommendation at 62 sen could be too late

For your info - Big speculators first collected at 20 sen and subsequently accumulated at 38 sen

At 62 sen, they are sitting with paper profit more than 60%. Even when they sell down to 38 sen, they still in the positive side

Buying at 62 sen is a piece of cake, but getting out of your position with a good profit may be tough. Most likely greedy retailers could end up holding their losses and become a `reluctant long term investor' :C

Steel is a Cyclical stock

At the current condition there is big chance for it to move up further.

Buy now so that you can exit with a good profit

Cheers

Averaging down at these prices won't go wrong

Make sure the money you used to average down is not emergency money and you can afford to sustain it for 1 to 3 years without affecting your daily life

See you at 35 sen or lower?

Keep in for long term - say 1 to 3 years to reap the reward above RM1.00

Cheers....... :) :) :)

My experience with Covid-19

4 ladies staying in the same house, all infected with Covid-19
Out of the four ladies, only 1 not vaccinated while the rest fully vaccinated with 2nd dosed.

The one not vaccinated quite seriously ill while the rest only experienced mild symptoms

Private placement of Leon Faut 31m at 85 sen was completed on 07 May 2021

At current price of 99.5 sen, Private placement investors still can make a profit of 14.5 sen (17% profit)

Chart wise, the private placement investors could be in the process of unloading their stock before it move down to break even price of 85 sen

In my opinion, the upside potential is limited. Buying is easy, but getting out of your buying position with a good profit could be tough under present conditions

My opinion on Leon Faut

Private placement of Leon Faut 31m at 85 sen was completed on 07 May 2021

At current price of 99.5 sen, Private placement investors still can make a profit of 14.5 sen (17% profit)

Chart wise, the private placement investors could be in the process of unloading their stock before it move down to break even price of 85 sen

In my opinion, the upside potential is limited. Buying is easy, but getting out of your buying position with a good profit could be tough under present conditions

Don't catch a falling knife

Most likely a dead cat bounce and going forward could be a candidate to a penny stock

Any detail assessment of the result of opening of the schools in relation to the current pandemic issue

Normally average down is not a good trading strategy

But at this MHB current price, average down could be the best strategy

This is just my humble opinion

Cheers

If you have enough bullets, good opportunity to top up again...

Make sure you have enough bullets for further top up if they press the price down further

Cheers

Will it drop below 0.40?

Good opportunity to top-up NOW

Make sure you have additional bullets to shoot if the price drop below 0.40

Cheers :) :) :)

Posted by JoshuaMS7 > Apr 28, 2021 6:06 PM | Report Abuse

haha we look for future, might be better in coming qtr since so much projects are secured in this year and oil price maintain above 60usd, should getting more projects coming!!


What is the use of securing more projects when MHB still bleeding huge losses.
For your info MHB secured Kasawari contract amounting to RM2.5 billion in July 2019. After almost 2 years in the project, MHB is till bleeding huge losses. Sad

Top management need to answer for this losses.

MISC and Petronas watchdog need to ............

Posted by SEED > Apr 28, 2021 5:00 PM | Report Abuse

mismanagement ! all garbage !!


Fully agreed with you!
MHB had secured BIG contracts, but the result is pathetic.
Paid fat salary with no accountability. Sad
What is MCIS and Petronas watchdog doing?