Big rebound coming...! From the candlestick ...a reversal pattern forming.

Yes...I won. No need to sell underwear.

Sentiment is very weak. Its cheap but it can go cheaper. The bottom is not sure how deep yet.

STay out first...its dropping too fast. Tomorrow might drop further.

Another sumatec.

Sendiri punya stock tak mau beli...orang punya m3tech goreng stock beli...apa pasal?

Very very boring day...zz zz zz but huge support at 37 sen. So it won't drop and very steady at 37.5 sen. Relax and have a kit kat.

Yeah...sometimes you need to use reverse psychology to get this thing moving again... :)

Come buy at 38.5 sen. Let me get out first. Don't want to pick up.

AAX You are FIRED!!!!!!!!!!!!! I am selling at 38.5 sen. Buy buy buy so that I breakeven. Will play another round next time. Come eat from me please. haha...at least don't let me make losses.

One more day to wait for confirmation. Tomorrow AA QR out. By then we will know to sell or to buy AAX. Normally AA will have some influence on AAX future direction.

No wonder not moving...the money used to subscribe to M3Tech.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5187797

AA up 7 sen already. Time to fly.

I already said 37.5 sen support 41 sen resistant.

AA QR out today. We will see if this is a fake or conman counter.

I can recognise this buying formation. If you see such a pattern. Be alert. Normally this is like a setup. Ready to push up. If you don't see a big buying queue, then it means game over. This time the buying queue is different. It is lined up at each bid all 6 million. With such a pattern, don't you realize something is brewing? Hope I am not wrong. Last time I saw the same buying pattern with KTC and I thought nothing of it. Then slowly I saw KTC moved from 35 sen to 50 sen within a few days.

Buy early. Big queues 6 million each supporting the price from falling. Something is brewing. Don't believe? Please look at the strong buying queue. Never before I see such big buy queue. It is parking there waiting for any sellers. Like a net, it is trying to catch all the contra kakis before moving up.

Time to sapu. Good read.

There has been reports suggesting that AirAsia’s the leasing unit is valued by the airline at US$1.02bil. We can use the cash for dividends or to reduce debts,” said Fernandes after the “Power Talks Business” series talk organised by The Star Media Group here.

Aircraft leasing business is booming and several companies in China and North Asia are looking to expand the business and the easiest way is to buy an existing outfit.

A report quoting sources said that AirAsia planned to tap potential suitors including the leasing units of China’s HNA Group, China Merchants Bank and Accipiter Holdings, the aviation leasing company backed by Hong Kong billionaire Li Ka-shing.

We believe the next two years could be very exciting times for AirAsia as a group from the passenger and ancillary income side.”

Good news. Time to fly AirAsia.

http://www.thestar.com.my/business/business-news/2016/08/29/airasias-monetisation-plan/

Good results. Future is bright. Don't sell anymore. Support is strong at 38 sen. The bear is weary after 6 days. The bulls are ready to shoot back with bullets collected. 6 days not enough of selling? Operator will come in to buy the cheap stocks. Look at the strong buying queue. All ready ...6 million at each bid starting at 38 sen. Today will be interesting. Bulls. Time to fight back.

The worst is over. The dust has settled. Good support at 8 sen.

The bear looks weak. The bull is waiting to charge.

Buy. Starting to rebound. Looks good. My gamble paid off. This should be the rebound point.

Yes. Look at 22.5 sen support. It was supported between Jul 26 thru Aug 19. Then on Aug 22 it was broken. That triggered a massive drop from 22 sen to 17.5 sen. This is really frightening as investors realize the significant risk if Perisai default in its short term debts. If the situation worsens, it might drop below 10 sen like Sumatec. So it is better to stay out first, wait for a clearer signal like what Old90 suggested.

First support 37.5 sen, 2nd support 35 sen support. 41 sen first resistant. 45 sen 2nd resistant. Lets see how it move. Bear or Bull?
Already dropped 6 days, will it drop again? Is AAX a pump and dump stock? Only the operator knows. Monitor closely. Good luck.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5189233

38 sen is like a selling climax....That was a last push by the bear to KO all the bullish thought investors. In technical terms, sometimes
it is called a "false breakdown" meaning to frighten people who thought the 38.5 sen is broken. So they sell like no tomorrow and lose
confidence. I already said 38.5 sen is the last fortress. The bull was slaughtered left right center by that bear. This is the last battle at
Singapore island. A lot of us give up. Yes, please be cautious. We are at the danger zone. Everyone is now at the edge of the cliff.
And I am already to press the cut loss button to run if it drop further down to protect my capital. Cut loss is always my strategy as
part of cut my losses short. So Monday will be interesting. If we can push and break 41 sen resistant then it is a bullish signal.
If it drop below 38.5 sen say sayonara to AAX. It is my call. My own opinion. Don't follow me and blame me. We learn new experience
every time and not every stocks behave the same. Based on the chart, it is already bearish. But I hope the worst is over when the buyers
came charging back. I still don't believe...why they kept dumping when they have already dumped for 6 days!!!! Maybe they want to clear
stock and throw everything back to push it down to TP 21 sen and later collect again ? If it is true, then we will dump if it break 38 sen and
wait to buy back at 21 sen.

We are in the tunnel for 6 straight days without light. Hopefully next week we will see some light. If not better throw and forget it and label
this as a pump and dump. Don't blame anyone as we are just sharing our experience. When it was up everybody happy. Down everyone
starts to blame one another. Please make your own decision. The money is yours. I am trapped too. So must be patience. Just have a
trading plan. Cut loss if it break your tolerance level. Don't keep holding and tell people you lost 50%. That is too much. If lose 5% I run.

Case close.

UMWOG is also sitting comfortably on a cash pile of RM909.19mil in proceeds from its initial public offering (IPO) in 2013, which cushions its against further cash flow pressure.

On the other hand, the group reported a net loss of RM67.25mil and revenue of RM130.01mil for the second quarter ended June 30, 2016 (Q2FY16).
http://www.thestar.com.my/business/business-news/2016/08/27/credit-crunch-persists-in-oil-and-gas/

However, the same cannot be said for Perisai which fell into a net loss of RM2.68mil in Q2FY16.

In an Aug 25 note by TA Securities Research, the firm cautioned that the company faces some significant risk arising from its short term debts.

“Perisai currently has short term borrowings of RM475.4mil but its cash is only RM21.9mil. Note that the group is attempting to renegotiate with bondholders of its SG$125mil in medium term notes to reschedule the payback period,” it said.

http://www.thestar.com.my/business/business-news/2016/08/27/credit-crunch-persists-in-oil-and-gas/

No choice ...either you buy at support or buy above resistant. Don't even think this 38.5 sen can be broken so easily. Those selling must be crazy or desperate to get out or another margin call? Is AAX a pump and dump stock? So many people buying at 41 sen today. If next week close below 38 sen I cut loss.

Bought at 38.5 sen. Now wait for next week to confirm whether to sell underwear or eat abalone. Wish me luck.

hati hati
http://www.reuters.com/article/us-global-oil-idUSKCN111048

hati hati
http://www.reuters.com/article/us-global-oil-idUSKCN111048

This is getting interesting....how much can you sell?? Where got so much stocks to sell? Everyday sell tak habis-habis peluru kah? I collect first ...all your bullets...then time to shoot back up...LOL.

Come and sell all to me at 38.5 sen for my collection.

38.5 sen is the strong support. I calculated. Therefore don't worry. 38.5 sen is my last fortress. I parked all my funds there as my last fight to support AAX. Just like Singapore fortress last retreat from Malaya against the invading Japanese forces. If 38.5 sen broken I cabut and sell underwear.

Sorry for being negative. But everyday down down down. I don't have anything positive to say. I also hope Perisai can go up. I know a lot trapped here.

How to start party? Bursa watching with a close eye now. Cannot simply push up and down. Bursa will catch you. Who dare to pump and dump again? Maybe will cool down wait first. After Bursa sleeping again they will pump again.

Everything just pretend don't know. Goreng up and down. Nothing happen?

EPS -0.22. Not good. Might drop like Sumatec.

Already said...AirAsia report will be good and it will pull AAX up also. Nobody believe?

I trust my own charts. I trust nobody. I only share my opinion. You share yours. We play with our own money. So proven my theory is right. Where can everyday go down. If you got 100 lots you sold...still got magic? You still can sell tomorrow? You got nothing left. You need to buy back. Thats the game. After the bear, comes the bull.

Thank you AAX earned some pocket money!

I already gave warning..the bear is exhausted. How can you kept selling? Now bull coming back charging after a 5 days rest. See? Everything must balance. Yin and Yang. Cannot be bear all the time. Be a contrarian. Buy when everyone selling. Holds true.

Very strong wave now. Sell regret? Don't believe? I already said AAX is a good stock.

Up again...buy early.

Today is up day for AAX. Too many down days already. AAX fly again.

I still expect a very good result from Airasia. Trust TF. Next week will be a good week for AirAsia.

http://klse.i3investor.com/blogs/kianweiaritcles/102977.jsp

The future is bright. Collect more from fear stricken speculators. You throw people collect.

http://centreforaviation.com/analysis/airasia-x-2016-outlook-turnaround-predicted-as-australia-improves-china-grows-5th-freedoms-launch-261774

I bought some CW at 8.5 sen today. Hope for the rebound tomorrow. It fell from 15 sen to 8.5 sen. So it is a calculated risk. Tomorrow should be a good day for a technical rebound after 5 days losing streak.