After we clear all the sellers, we will move up. In fact big brother AirAsia is moving up again after being pressed down this morning. So you can see this AAX and AA are still investor's fav stocks.

Yes, very few sellers at 39 sen... In fact most of the stock done at 39.5 sen. So it is still very steady and well supported. Those contra players can never pick up stock normally tend to sell cheap. Majority who bought did not sell and still holding for TP 49 sen.

Stay focused. Any break of 40.5 sen is a confirmation of a sharp uptrend. Now volume still low...but the buying queues are slowly increasing. I sense something big is coming.

Those who bought early morning all biting the dust now...especially those who chase up to 10.5 sen. Suddenly instead of moving up, it came crashing down...some even sold and cut loss immediately without waiting....in just 10 minutes they sold and cut loss with the tail behind their backs....squealing without tears.

Looks like a lot of people just cut loss and dump it. They lost patience and no more confidence in Perisai. The 9 sen support just now suddenly turned into resistant! A huge block just came out and support at 8 sen. Looks like there is a group of people fighting hard to save Perisai from the danger of total collapse. But the selling is just getting too much to handle. The sellers kept coming....looks like Perisai is really in danger.

Looks like a lot of people are waiting to sell and get out. So when the news came out, they took the opportunity to sell...and kept selling...this is called Panic selling...in the end the bullish news today of the JV partner was taken as a "escape path" for all the trapped souls. Those buying in anticipating of a sharp rise after the "good" news did not materialize...Perisai was losing money and was in danger of going into PN17 after it unable to repay its debts. So it is now very hard to get back the investors confidence...even the good news are not good enough today to give it a strong push. I wish my bro here good luck and hopefully Perisai will be saved and not end up like LionCorp.

I believe it is a very risky bet...look at LionCorp already RIP. Many are betting ...that Perisai will be rescued. But it is losing money. So how much more can it tahan?? How long more ?? A lot of people are trapped inside...all anxious to escape or cabut when the price rebound. So it is a hard to put money in now...just like putting water to the sand in a Sahara Desert. Your money will vaporized. So if you have "extra" money you can place a bet to buy just like you buy lottery. If your lottery didn't strike, then be prepared to lose your money. Don't put your baby milk powder money or your wife inside that's all. Good luck.

Today support 39.5 sen resistant 40.5 sen. Good luck bro.

@Risk trader

http://www.thestar.com.my/business/business-news/2016/10/04/cimb-research-downgrades-perisai/

Yesterday CIMB gave a target price 8 sen.


http://www.thestar.com.my/business/business-news/2016/10/05/perisai-petroleum-jv-partner-get-financing-offer/

Today Kenanga gave TP 11 sen after JV partner financing offer.

Don't play play...look at lioncorp...sudah RIP after PN17. So please be careful playing PN17.
Don't let your money burnt to ashes. Got chance cabut.

The good news is from today till Oct 9 you can still trade.
The bad news is from Oct 10 onwards you cannot trade.
It is as good as dead meat.

“The board of directors of the company (Lion Corp) had today announced that the company has resolved that the company will not be submitting the appeal in view that all material developments in relation to the regularisation plan have been disclosed to Bursa Securities for their deliberation in arriving at the decision,” Lion Corp said.

Trading in the company’s securities will therefore be suspended from Oct 10 and then de-listed on Oct 12. Lion Corp will still continue its operations and business as an unlisted entity.

http://www.thestar.com.my/business/business-news/2016/10/04/end-of-the-road-for-lion-corp-as-a-listed-company/

EPF already no money. You think they want to bail out Perisai? Not possible. All our hard earned money....you want to use it to bail out Perisai a loss making company. I think better sell to another white knight company. Lelong lelong who want to buy Perisai??

Sad case.. Cimb tp 8 sen. I think they will try to re-negotiate with the bondholders. That is the only time to escape. If the bondholders agree...Perisai will rebound sharply. Else tutup cerita if becomes PN17. Very hard to rebound if PN17. Those bought will be stuck in the mud.

Tomorrow support 39.5 sen resistant 41.5 sen. If break 41.5 sen to retest 43 sen. Good luck.

Tomorrow support 39.5 sen resistant 41.5 sen. If break 41.5 sen to retest 43 sen. Good luck.

Today suddenly burst into the top three volume. Still don't ring any bells?? BB is coming back.

Thats why I said many times....buy. Kenanga Research won't simply publish something that is "tin-tin kosong". Nobody believe. Little bit of profit also take. Should sell only at 50 sen and above. Now is still too early to sell. Tomorrow will see another big push. 40.5 sen is just kacang puteh. 21 million is still considered low volume. Normally big push is > 200 million. Today is just eye opener only. Desert mah. Main course not yet come. Relax.

CIMB TP 8 sen....Times are bad. People are selling and getting out. Don't catch the falling knife.

Gapped down on panic selling.

You don't have to worry. Let them sell. Those sell will regret. TP 50 sen. Now only kasi makan. Today super bullish. Index up 12 points. Strong start for Oct. Uptrend likely to continue after lunch.

Turnaround and fly!!!
http://klse.i3investor.com/blogs/kenangaresearch/105474.jsp

Now just starting only...more to come. 50 sen mari.

Kenanga already gave a "hint" last week....nobody take notice. Only smart people take it seriously and start buying. Those who believe Mccurry and McSushi sold and now crying...in silent.

What strong sell?? What bulls**t. All rubbish!!!! 50 sen coming lah...those who sell and believe those people...( you know who ) will suffer now seeing the stock fly above 50 sen soon.

Like I said many times...those impatient sure sell....after finished selling...The stock go up. That's why we see a lot of poorkids... When we play the same counter...we win money. They lose money. Why? Because when we recommend to buy. They sell. Then they blame us after selling.

Yes...my buy signal last week was correct !!! Tepat! Flying now back to ...50 sen.

Suspended?

CIMB TP 8 sen...damn....no hope.
http://www.thestar.com.my/business/business-news/2016/10/04/cimb-research-downgrades-perisai/

What else ?? Will it be another PN17 ?? Any white knight coming to rescue this company? Will it go down down down? Hold and let it drop?? Long term holding? Die die??? Sell first?? Gap down?

http://www.thestar.com.my/business/business-news/2016/10/04/bondholders-say-no-to-perisai/

Support AAX. Last week proven this stock is on the way up. While other stocks were mostly down last week, AAX remain upbeat and stayed on the positive territory. The strong TP 49 sen given by Kenanga in their report on 30th September clearly boast market sentiment on AAX. I think tomorrow will be a bullish day for AAX. Fasten your seat belts. Lets rocket this above 50 sen.

AA is worth $6 because there are a lot of things not added in now...because people not seeing the value now...only those with a vision can see it....like TF thats why he is saying $6...because he is looking forward a few years ahead of time. AA is worth it if you keep long term.

AAX will rocket up higher. Want to buy better buy now. We are here because we support AAX.

Thumbs up! After all the poorkids sold the price will rocket up. That's why the poor remains poor.

Buy signal is triggered! My screen showing a buy based on the increase volume and positive price movement after a near record low activity yesterday. This clearly show buying interest coming back after that drop from 49.5 sen to 37.5 sen recently. Please buy early.

Stock is a zero sum game. Please don't blame. Want to buy? Buy at the lowest. Don't buy at the peak. Now is a good time. The worst is over. Buy and keep for long term.

The worst is over! hahahahaha...AAX is reaching for the sky. Back toi IPO TP $1.25!! Buy!
http://www.theedgemarkets.com/my/article/cover-story-worst-over-says-airasia-xs-ceo

Sell and get out.

I got burnt many times playing this counter. So please be careful after make money must run fast.

Oil price dropped again.

“OPEC producers have a record of cheating the production quota. So it remains to be seen if they can really carry out the deal,” said Jonathan Chen, an energy analyst at Phillip Futures.

“The jury is still out whether OPEC will take any real actions,” said Ben Le Brun, an analyst with OptionsXpress, saying the global oil markets will face a high degree of uncertainty leading up to the late November meeting as OPEC members will battle over who will be exempt from the deal and who should take a steeper cut.

For example, Iran, Libya, Nigeria may fight to postpone cutting their production until their output regains their peak levels.

“In any case, this is still kicking the can down the road to the formal OPEC meeting on Nov. 30, where individual country quotas might be decided,” Citi Research said in a note.

http://www.wsj.com/articles/oil-prices-rise-on-opec-deal-1475115600

I seldom believe foreign research house as they don't understand the local environment. I prefer MIDF research which gave a TP 49 sen. This is more realistic when we see AAX is on the uptrend.
Never ever believe foreigners because they underestimate our local companies. Those who believe them are considered not patriotic. I trust Malaysian companies and Malaysian researchers.
STRONG BUY!

I seldom believe foreign research house as they don't understand the local environment. I prefer MIDF research which gave a TP 49 sen. This is more realistic when we see AAX is on the uptrend.
Never ever believe foreigners because they underestimate our local companies. Those who believe them are considered not patriotic. I trust Malaysian companies and Malaysian researchers.

The price of AAX have reached a point that long term investors are no longer selling. They are keeping for long term making neko and pauper unable buy at a cheaper price. So they continue to bombard this forum with negative news but nobody is selling. Everybody is waiting to sell after the next QR report which is expected to have a big jump due to :=

1. More new routes and destinations.
2. More new planes.
3. More customers.
4. Low oil price and hedge in oil price.
5. Nice stewardess.
6. Confidence in AAX and AA.
7. TF good management and team.
8. Super deals and holidays offers
9. Stronger MYR
10. Good track record and profit for the past consecutive Quarter.

There is no reason to sell but 101 reasons to buy.

Based on the huge buying interest when it fly from 40 sen to 49.5 sen, I believe the big wave will come again to break 50 sen as the ringgit strengthens. Buy now before it move up. Limited stock.

Sure up...sure up....Every tom dick and harry also up. Thumbs up babe ! Yeah...

Good news. AirAsia rebounded strongly. Something big is coming. AAX pasti tuju langit. Always AirAsia going up AAX will follow.

Next year you want to worry then worry next year. Not this year. Buy you want to sell nobody is stopping you. Go ahead and sell. We are expecting huge profit this year. TP $1 coming. Who cares? The current QR is in November. Not next year. PSC hike is still being discussed. Why jumped the gun now? AAX is appealing to lower it. So the discussion is on going. Why sell for nothing concrete and happening next year? If you say 20 years from now we all will die. So ? We already know we will die, why want to enjoy now or everyday sad for the next 20 years?

That depends what sort of investors are you. Why worry now when it is not happening now? Just like the hike is next year. So you panic sell this year. But this year should be a bumper year. Everyone rush to travel because of the hike. They want to save money. So the profit will jump. When profit jump QR will be good. The stock price depends on QR report.

GST or no GST life continues on. PSC or no PSC fly continues on. We support AAX. TP $1.

Good times again. AAX coming October expect another rally towards 80 sen.
http://www.thestar.com.my/business/business-news/2016/09/26/foreign-investors-are-returning-to-malaysia/