One thing that is puzzling is, why suddenly all the selling in telco stocks? Not only that most blue chips too. Is Foreign Funds selling because

" they know something about market that we do not know"?

Maybe it is best to let the falling knife come to a stop first and see a rebound before buying. Anyway, seldom do we see the tech indicators of this telco go so low !!

do you think the price of 38 cents will hold , look at the mother share price, very low and not moving?

If based on yield better to buy Malton loan or Pantech loan where interest is much higher and growth rate is more. Or you can invest in Bonds where the gain per year is better than 5.3%

nobody in the right mind will take the offer of RCPS, this you can see at the price quote where shares are offered free !!Never before has this happen !!

Also the price of 30 cents is the lowest for the year, so somebody really want the price to be low so he can mop up the shares.

Anyway, personally I am waiting to sell this no use share after holding for a very long, long time!! just my opinion.

is it wait for hammer to appear after downtrend and then confirmed by doji ?

from intensity of drop, Axiata drop the most. Do you think buying call warrants of Axiata and TM is worth the risk?

Be careful. From Balance Sheet, they buy plants and equipments more than their revenue!

something fishy. Please read the blog. Receivables also increase. Just my opinion.

Is it good to wait somemore, or can buy at this level ?

Compared to TM, Maxis, Digi, which is better and faster to rebound ?

TM call warrants worth to try, TM- cr ?

What is the potential upside, and the downside?, i.e. resistance and support ? The good news is div announcement ?

Good fundamentals, but not moving at all for a very, very long time, really testing your patience!!

Maybe good to sell and switch to other shares!!

Yes, cash upfront. But with just 1 bid higher , if you buy alot, can profit.

To me, I always buy 1000 units, as in the past one lot is 1k shares and not 100 as at present. The commision per trade is only RM6 with Melaka Securities!!

TP is a guide, coastal touches 2.50 at one point.T3b system identifies some activity, and who knows it can go up.

From the charts, we see that it has strong support at 1.80 and consolidating. Recently it started to go up with volume, showing that someone is accumulating, maybe due to good results, or possible M & A as it is in O & G sector.

RHB recognia, gives a rate of return of 130 percent, which is one of the highest return in their fainancial analysis system.

FYI , not everyone has alot of money, so they buy in 1 or 2 lots, people like me with very small capital.

This is a well managed company as I can see after reading their annual report and the price for conversion of their warrant is higher than RM2 ringgit. Other companies in oil and Gas like perisai, Alam, etc has moved , but not Coastal. For sure, can go above RM2.00!! look at analyst TP in i3 portal and you will know !!

25 ringgit for 1000 shares

There is hope that after reporting profit, for two quarters, PN17 will not apply.

BUT, be careful, as after PN17 lifted, the shares more often than not, go down, e.g. Talam ( Trinity )

however, I went in at 10.5 cents, Hope to buy more when it goes down, even touch 15 sen, dah cukup, kan ?

It depends on the par value. If malton is 50 cents, then it means RM12.50 for every 1000 shares.

By the way, Malton , when I compare to other property counter, not so good, Maybe Hua Yang, or Tambun better.

I bought at 64 cents and belum lagi recover, have to be long term investor!!

perhaps it may not happen so soon, but later at the election annoumncement, or the result of Nov 6 US election, or the fiscal cliff that US is facing at end of year. Eclipse , according to a Fong Shui fella is on Nov 13, so maybe a down period ?

Hi Mr Teh,

Stock market always fluid, and difficult to predict, agree?
Have been reading your blog and your suggestions are mostly accurate, except for a few stocks.

What is your advice for a regular khaki who still lose around 10% of his portfolio and hope to recover it back? Most of the shares were bought based on TA and FA when they are low, but some never recover and remain low, e.g. YTL-p, Fajar, RCE, etc.

Lately, some analyst were pointing out the present market charts look like in 1997, 2008, before market turns down.

Please comment on the above.

In Share Investor Magazine, malaysia, this month, one analyst mentioned that the rising wedge formation is a herald of a downturn. It happened in 1997, 2008,and may happen in 2012 ?

Any truth, or opinion on this matter ? Thanks.

Good write up in the Star,Sat. Coastal is among the list of good companies by Forbes magazine, with good eps, dps, roe, etc.

RHB recognia software value this stock at higher price. I believe if below 2 ringgit can buy and keep till it goes up.

At present price, worth to enter ?

Better to wait until stabilize before buying.

I believe IJM-wc at below 1.40 is better buy as it is lower than the price at Nov 2010. Also if one patient, Gamuda-wd below 94cents.

Results out ? Worth to enter at this level ? Any good news ?

I have bought some at 1.38, but have sold all. Advisable to sell if profit as it may come down according to some analyst due to placement.

can buy when TA is good.

Is there anything that can make the price to go up ? What is the risk going in at this level ? Target Price ? Thanks.

heard that G Ocean has technology to make CPO usable during winter, Luster has also restructured like KNM. Care to comment on entry point?

Has anybody any opinion or facts about these listed companies? At the present level is it OK to go in ?

most Inv Banks give TP f above 1.50

Worth to try if TA is good.

hope it will go up above 1.50. some resistance expected at 1.41. Because of long gestation, hope it goes much higher !!

You are good to make money. Even using TA and FA, I still make losses!. What criteria do you use to be able to make profit. Care to share ?

Maybe we have to change mindset, buying low price counter, like JCY and hope to go higher.eg RCE at 44 cents, never move yet.

One Seminar speaker recommends that we buy up trending stocks as this is supported by institutions and thus can go higher , like AEON, TM etc. Agree ?

Also from Personal Money, returns from REIT is good around 20 %. One share that has gone down alot also is Fajar -Wa !!

Using T3B system, can buy if go above resistance of 1.31. hope it can go up beyond 1.40.

Theoretically, price should go up as they manufacture much needed land at strategic places. Funds have bought at around 1.38. hopefully can go up to the TP of Inv Banks.

If not mistaken, it went down to low 37 cents. however, those YTL holders get it at 20 cents, so it might go lower than 37 cents.

bought at 60 cents, so have to hold and ave down when it goes lower.

very slow counter. Funds bought at ard 1.38. waited for a long time to break even and then will sell.

Bro Chong,

Digista a good buy at 41.5, agree ? Only thing is do they give dividends?

After AGM, probably will buy back own shares, and price will rise up .

can keep this share as fundamentals are good.

Still got momentum to go higher. Hopefully can go higher tomorrow.

Have to thank Bro Chong, for his instinct and reco on this share.!

Mr Teh,

Can you please give some pointers which shares are the so called good fundamentals counter with good dividend ?

Would you consider Pres Bhd, BIMB as one of it ?

Coastal at support ?

Maybe can consider Coastal, as it has fallen from above 2.00 to less than 1.80. Value investing wise, it is good to have this share.

Fundamentally, RCE capital is good, but it is very slow, same like ECM being taken over by Kenanga.

Lastly, maybe can consider Pantech, PE and DY still good.

Food busines is OK. Hope it can go past 60 cents. At least it gives dividends.

By the way, on fundamentals alone, rce capital and coastal not bad as China Co shunned by traders. OSK covers Multi sports as PE is low.

Yes, I even bought at 1.46, 8k as it was highly recommended by Fund managers !!

It touches 1.00 just like Kim Lun, but Kim Lun recovers much faster!!
Can go to 1.46 before encountering resistance.

How can you get at 5 cents?? Anyway, price moving up,59cents, yahoo!!

The company has good fundamentals being in the food business and expanding factories in Seremban. PE is around 2x. I bought it due to reco from my remisciers. Hope I can profit before its price drop.

People dont like China based company due to its dubious accounting, like the case of XDL. Hope it is like CSL lah!!

i notice ECm slowly inching up, someone is slowly accumulating !! Speculation says deal will be done by end May.

Thinking of Averaging down from 86 cents. Lowest touched is 78 cents!!

Down risk is 6 cents from present price 80 cents, upside potential at 1.00, is 20 cents, so should be OK lah!! Agree ?

Now moving up, can touch 64 cents?

After Coastal,call warrants expired, price went up. Genting Malaysia also like that, price depressed like anything, but after expiry on 30/4, price went up higher.

So watch out for BIMB-cb, merchant bank will depress price till maturity on 18/5, then maybe BIMB price will shoot up like Takaful!!

Still has potential to go higher, maybe till 2.50 as this is a good fundamental share in Oil and Gas and potential in Merger and Acquisition target, like Kenanga taking over ECm !!

good momentum, can go higher. will wait till overbought, then maybe take profit ?

Looking at momentum, still has potential to go up. hopefully can recover to 1.38!!