It has dropped almost 10 sen. Is it advisable to buy now?

This counter will slowly slowly eat you up for those that still holding on to it. Just like GAB counter. Better runaway from it and move on to other counter. Do you all agree with me?

As long as it stay above 1.60, then 1.70 would be reachable.

As long as below 3.40, should continue to accumulate and keep (not to sell) for the 3.70 target price. You will lose out a lot if you sell too early and hence, you are not maximizing your return.

Of course CUSCAPI would not goes up to 70 sen in one push. First to 50 sen, follow by 55 sen then 70 sen will be the next target !!! Just like SKPRES.

So history repeated. Yesterday was only one day show. And next Monday.....??

That would not happen as long as the bankers and creditors do not go after MAS. As it is a national carrier, they will allow MAS to do restructuring and pay back the debt slowly rather than sue for bankruptcy.

The best decision is to stay away from this counter. Any restructuring plan will only bring down its share price. Runaway now before it's too late. No investor will willing to pay higher price for such a deep trouble company with huge accumulated losses and many expected lawsuits coming in.

Can the support 2.95 hold? Will it break the support 2.95 and go below 2.90 before any bull run?

What was yesterday news?

Good time to buy as it is undergoing bollinger squeeze waiting to breakout!

POS likely to enter the downtrend zone. Crucial point at 4.32.

Could be big boys are waiting for the buyers to build up so that they can sell at one big shot. Be careful, looking at the candlestick forming today.

It can be the current price 1.53 or 1.50 or 1.48 or 1.45. Nobody can tell you what is the best price. It can drop further or it may not. If you are afraid and don't want to miss the ship, then start to buy now, a little by little.

Break 3.08 will fly to 3.23. Simple rule.

Yes, because before the announcement it went up to 1.65/1.68. Most research house valued it above 1.90. Also, this is a hot pick stock with a lot of demand. In stock market, everything is decided by demand and supply. If there is no demand, no matter how good fundamental a company is, its share price won't go up, example is Tan Chong.

The Proposed Share Issuance shall be conditional.....
So, does it mean that to stop Quek from buying the shares at such a low price of RM1.35, push up the share price so that the Bursa and shareholders would find it unfair at such a big discount given to Quek??

Or they will push down the share price to make it easy for Quek to obtain the approval??

Hard to understand how the market would react??

Agreed with samsung555. RHB and MayBank maintain their Buy Call with TP 1.96 and 1.90 respectively. As Warren Buffet said, when people panic and selling, we buy. So, today is a good time to accumulate for those that have missed out earlier. If you don't start buying now, when are you going to buy? And those that not play contra, should keep as Alam's fundamental is still strong.

It's coming back. Showing sign of moving up back. This mean that it's time to buy at low price now so that you will not be chasing at high price later on. Monday.....

Break 1.47 with HIGH VOLUME. Tomorrow will break 1.53 and march towards 1.60. Finally.....!!!

A lot of HOPE analysis for ALAM stock and it's really testing our patience!!!

After the results announcement yesterday, 3 Research House still give a BUY CALL and high Target Price ie KENANGA (TP 2.10), AMMB (TP 2.05) and RHB (TP 1.96).
Now only doing at 1.49, Target Price upside of 32% !! Buy at Low and Sell at High, don't wait until 1.80 or 1.90 then only buy, it will be late. Learn to maximize your returns.

Going to move soon...

Alam is a good potential profit making stock. Start to accumulate now during the time when the price is falling. Institutional investors will accumulate when the price is low, when the price is falling. They will accumulate over a long period and not just two or three days. they will slowly and slowly accumulating the stock. When the price goes up and up, it will be the time for the institutional investors to sell to make profit. So..., be like them and not to worry.

Is there anyone know what is happening to GAB company? Why is it keep going down and look like no bottom? At one time it was suppose to be a very good investment stock but now terrible. What is happening?

Strongly supported by 2.39, the bull has made a come back, RM 2.45 (1st session closing), a White Marubozu formed!!!

Today closing price of RM2.40 is already below its price of RM2.48 before the announcement. Hence, it's current price will not be affected even though the bonus issue does not materialize. Its strong support is at RM2.39.

Watchout for Alam, a breach above 1.59 with high volume will test its next resistance of 1.66!!

As per RHB Research Team - We attended Oldtown (OTB)’s analyst briefing and visited its new plant in Ipoh yesterday (05/12/13). The new plant is a modern, green building with an annual capacity of 24k tonnes to cater to the group’s expanding business. Going forward, we believe the additional capacity from this FMCG plant will drive OTB’s growth. Maintain BUY, with our FV
unchanged at MYR2.90. So, there is still an upside of 45 sen!!

BULLISH PATTERN

Oldtown closed at 2.45.

Based on my own observation, tomorrow need to stay above 2.44 for it to have chance to reverse up again. If tomorrow and after tomorrow, its price go down below 2.44, for both days, then it may likely to continue going downhill. That's will be no good.

Actually, today it suppose to close at 2.44 (same as yesterday) but someone purposely bought 100 shares at 2.45 at 4.50pm (last trading) in order to end above yesterday's closing price of 2.44. After that, from 4.50pm to 5pm, 2 transactions with total of 6 lots were done. Otherwise if today closed at 2.44, then the candle pattern would be called the Bullish Matching Low, am I right?

Hence, 2.44 should be a good support price and for confirmation, if tomorrow it can breach 2.48, we may see a bullish reversal likely.....

The Golden Rule is STAY AWAY from airline counters. Too tense competition, too high capital intensive and too many uncertainties!!

Something smell fishy with this counter over the past 4 months. Will there be another big bull or a big fall???!! Difficult to judge what are the big boys up to from the graph and everyday transactions??

Bullish Engulfing formed today!!

The confirmation level is defined as the last close. Prices should cross above 1.06 level for confirmation.

The stop loss level is defined as the last low. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level of 1.03, while no bearish pattern is detected, then the stop loss is triggered.

With today's closing at 7.33 that is above the high (7.32) of the long legged doji (or may be seen as Gravestone Doji) formed on 18/11/13 immediate after a long black candle and in a long downtrend, AMBank (AMMB) shown sign of a bullish reversal. Three white body candle with closing price higher than the previous day formed after the long legged doji on 18/11/13 may show a strong indication of a very likely uptrend coming up. Breach above 7.38 will test its next resistance of 7.54.

Let keep our finger cross......

For those who already bought and still holding onto it with the hope that it will reverse, then you may wish to place your stop loss at 2 bids below 2.44 i.e. 2.42 (only my opinion).

Get back your cash first and make back again at another time. Stock trading is a never ending business, there are always opportunities to make money as long as you still have the cash.

The market sentiment for AA is still strong from the petty traders but I really doubt that the institutional/foreign investors will continue to show their strong support. Eventually the institutional/foreign investors will escape with a good price selling to the petty traders who still believe in AA.

Because the petty traders still have the faith in AA, today's the AA only dropped slightly because the institutional/foreign investors did not want to kill the counter immediately by throwing out a big bulk of AA into the market. Killing the counter immediately will only kill themselves. They will slowly release to the petty traders and finally they runaway with profit and the petty traders loss from continuous buying (thinking that it's cheap) and holding on to it.

This has already been proven from AA's highest 3.54 to today's closing of 2.48 (30% drop)in less than 6 months.

You're right. With the released of its impressive results, it will take this time opportunity to make a new high i.e. above 1.63!! Today selling was mostly from those that were playing contra and the small timers that satisfied with little gain (but forgo the bigger share). Nothing to be afraid of this counter as most research houses are giving a thumb up to it, FA is strong and TA is going on fine. Still plenty room to move up to the TP of 1.80/2.00.

Seem that investors are moving away from MayBank to other banking counters such as AmBank (TA shows positive signal).

Well..., theEdge is reporting on the Net Profit AFTER Financing Activities, Forex Gain/Loss and Tax whereas theStar is reporting on the Net Profit BEFORE Financing Activities, Forex Gain/Loss and Tax.

Therefore, AA's operations was actually performing better and was staying above the competition.

Yup, the Star reported different i.e. its report is favourable to AA, please read http://www.thestar.com.my/Business/Business-News/2013/11/20/AirAsia-posts-net-operating-profit-of-RM201m-in-Q3.aspx

Most of the volume done at the selling price of 0.64. Very small volume done at near low price. Hence, it was not force selling but false selling. As RepcoLow said, "Same player buying and same player selling, nothing great". The big boys are still holding at 0.63/0.64 and above. Nothing great and nothing to worry!!

KLCI down more than 10 pts but AA stil up by 3 sen. Positive news...

You're right ganasai. Agreed with vxse. Today's morning session AA was doing good. TA indicators signalled positively. Let see how's the afternoon session.

As per TF, AA's cost saving plan is successful in Q3 and he is pleased with the Q3's figures. Hence, it may surprise the analysts with its Q3 release results later on. Buy or not, it's your choice! No risk no gain.

Alam is a buy call from most of the research houses. Agreed with Susan to continue to hold on to the stock if you are not playing contra. The price will positively go higher than now. If we have good chance to make more profit, why must we sell now to earn less?

Alex Woo, the ex-date is today (20/11/13). So, if you will to sell today, you will still get your warrant.

If really, that's good. Then we can continue to hold to wait for it to goreng.

Always there were a lot of volume done everyday at the Selling Price for a very long time but its stock price did not go up. What does this mean to this stock? Anybody can explain and guide on this?

From MayBank KE's today research report...
Maintain Overweight for O & G
•Based on our assessment of PETRONAS' Pan Malaysia transportation and installation (T&I) Package A, we expect Alam Maritim and Barakah to be the front runners.
•The former's edge is in owning the most complete marine spread among its peers. The latter meanwhile has the advantage of having the finest pipelay barge (age profile, asset quality etc).
•While Puncak Niaga O&G is the incumbent, we reckon its focus is on Package B. We are BUYers of Alam Maritim and Barakah.

lkyip77, the ex-date is 20 Nov 2013. So, the last day for you to buy Genting shares and still entitle to the dividend is 19 Nov 2013. If you buy Genting shares on 20 Nov 2013, you will not be entitled to the dividend anymore.