Buy 21 sen ...hold tight!!! Will break 21 sen... insider told TP 25 sen remember???

Go and dream...12 sen is impossible...Sharks are already entered around 15 sen. I saw the huge volume ...I monitored this share closely the past few days. No doubt about it! The buying will come back....don't simply sell...This time must break 21 sen...

My average price??? I bought at 7.5 sen for long term but sold at 16.5 sen. Buy back at 17.5 sen...Average around 12.5 sen. So not a big problem. I have holding power for 3 months. Hope XOX will be 30 sen after 3 months!

Please look at the volume when it is going up ...huge!!! Look at the volume when it is coming down....low... This is what??? What???? Technical analyst?????? Anyone studied and passed your TA exam? @prince Now can you predict a huge selling tomorrow or a rebound???? Tomorrow we might see a huge rebound. People sell in fear...But I buy when people are in fear. I have learned this art after being burnt a few times...buying at the peak and not buying at the low.

Look at the chart at 15th Oct 2015. The bullish candlestick range is at 15.5 sen to 19.5 sen and this is backed by a very huge volume. And the fall from 21 sen to 17 sen now present a very good buying opportunity. Remember this is a uptrend chart. The trend line is still upwards. Support at 17 sen. Compare this with Oct 5 2015. After 3 days of lying low, XOX jumped up. So tomorrow XOX should jump up based on the calculation.

Flush out the weak players as the contra players no holding power...

Sharks all entered around 15 sen....remember that huge volume...they will not let it fall so much...I think support is around 17 sen - 17.5 sen...volume is low...so it is just mild consolidation T+3... Anyway the engine will soon start...again to retest 21 sen...

Buy back time!! 17.5 sen for 2nd round play....

Ikan bilis better be cautious...not be trapped by the same style played by mqtech or TMS or Flonic...huge volume but all big block cornering you.

UMA issued so...the syndicate will slow down a bit of their activities.

Don't chase...expect some more selling tomorrow.. T+3

Rising too fast from 15.5 sen to 21.5 sen....so now it is consolidating due to profit taking.

Better run than get burnt in this type of syndicate controlled stock...anytime fall...anytime up...you don't even know when....as the remote control is at their side.

No power....

When you see such a pattern...refer to MQTECH...Flonic also like that....same pattern...they like to corner you....you cannot queue at 10.5 sen because there is a big queue there...sure cannot get.

Same tactics like MQTECH.......same.... Huge buying queue at 10.5 sen...then another huge sell queue at 11.5 sen...corner you to buy at 11 sen....later....the 10.5 sen queue will disappear....

esl_22 : Just for monitor...no obligation to buy...buy only when the 8 sen queue starting to finish...

@esl_22 Yes bro...I saw a suddenly spike in Sanichi just now...7.5 sen big queue....suddenly disappeared! Someone buying big...and I think this Mah Wee Hian is acquiring the shares... Just sharing in case Sanichi run...People here while waiting for Wintoni can get some profit from Sanichi...

Mah Wee Hian buying big....Sanichi suddenly going up....

All old news...2014... any 2015 prince???

Something is brewing...

Mah Wee Hian buying big....

@prince... I suggest you go to Sanichi counter....7.5 sen sapu!!!! Cheap!!!!!!

Sanichi coming at 7.5 sen!!!!

Sanichi coming!!!!! Buy now at 7.5 sen!!!!!

Finished selling 11 sen...then suddenly appeared another big block of 14 million shares...park at 11 sen....Shark is working....be careful...not to be tempted to buy at 11 sen...they will offload to you then push lower at 10 sen....9 sen...like what happened to MQTECH. MQTECH was also having huge buying at 14 sen level....then all the buying disappeared...now MQTECH is at 12 sen....really scary...be careful of this kind of pattern.

Same pattern like mqtech lah.... high volume fast go fast down... trap ikan bilis... don't be fooled...be cautious...

zz zz zzz

Take profit first.

UMA kena lah....

Yes! TP 25 sen coming after all the contra kakis sell first. Maybe today XOX rest around 19 - 21 sen level. So far today's selling is very well absorbed. Try to push down to 18 sen tak jadi....Buyers supported strongly at 18.5 sen. So price rebounded back to 20 sen zone. Very good and healthy. Like I said, kasi weak players keluar dulu...prince...semua negative comments people keluar ikut exit...Semua long term kaki masuk pintu depan...LOL. Tak ada duit jangan masuk...nanti panic sell..

Yes...actually no logic...fundamental analysis... technical analysis is better...it is more up to date. The share price reflect XOX strong growth potential...people buy is because XOX got a good future in their eyes. How high the PE ratio now or how weak is the book value doesn't mean a thing. Look at Wintoni...losing company but still goreng kaw kaw...where is the logic??

My advise is to buy based on volume, momentum and price break out. Sell if support breached. Currently 18.5 sen is the support. Sell only if 18.5 sen is breached. Don't sell if this price is supported and continue to ride until 80 sen. Negative comments are just from people who tried to frighten you off to sell cheap. Those who sold at 18.5 sen now regret and angry, right??? LOL.

Par value reduction also chase like mad? Any other good news?

Go go go!!!

Based on the chart, the immediate resistant is at 30 sen. If XOX can break 30 sen then can confirm bull run.
Very interesting case as this is the 2nd time XOX is running with above 100% gain. That time
there was a speculation that some big guy is taking over XOX.

This time another round of heavy buying. So it is a 2nd time takeover attempt? Interesting.
Candlestick alone is not a reliable. You must look at the volume which determine the momentum.
There are 2 long green volume bar. This means this run up is backed by huge volume. The
difference now is XOX is making money and not a loss making company. So it might be a
different ball game. Is this 2nd time lucky for XOX to break thru? I think huge investor is in.

Let the market force tell us the story. Chart never lies. Wait for the opening bell...

Year over year, XOX Berhad has been able to grow revenues from 57.0M MYR to 91.0M MYR. Most impressively, the company has been able to reduce the percentage of sales devoted to selling, general and administrative costs from 47.03% to 39.96%. This was a driver that led to a bottom line growth from a loss of 1.3M MYR to a gain of 809.0K MYR.
Bloomberg,

Prince kept repeating something that was proposed when XOX was making losses and when it was below par value of 10 sen. If the price kept going up, I don't think XOX will want to approve the capital reduction. They might abort the plan all together. So just wait for the news and don't keep giving negative comments.

Now in 2015 XOX is back in profit. And it is growing. That is why investors are buying big. This is not a loss making company now. This is a profit making company. Future star. So please do not keep repeating the proposals that was made when XOX was below 10 sen and when it was not making profit.

Mara is the largest shareholder of XOX. Majlis Amanah Rakyat is a very big investment company. What we just invest is just a bit compare the this company. From 80 sen to 7 sen...imagine. When XOX return back to profit what happen? The same person who sold off XOX from 80 sen will quickly wanted to buy back the share!!! That is the instant reaction. Just like when IFCA fell from 1.85 to 46 sen what happen?? It immediately rebounded back from 46 sen to 1.00!!! Now from 80 sen to 7 sen...So the investors who sold off earlier at a more expensive price will naturally came back and sapu back the share!!! Can you imagine XOX from 7 sen can rebound back to how much??? Can it be at least 40 sen??? Can it be 80 sen next year??? Nobody knows...but everyone know it will be uptrend because the worst is over for XOX.

According to all the investment guru, buying at the lowest point is the best. Many rich and famous make their fortune buying potentially good companies which is at the lowest and cheapest.

Good luck.

Hate to say this but the news given by prince was dated Fri, 17 Oct 2014 and that was 1 year ago.
So it is stale news or expired piece of news. If you tell me this 1 year ago I believe you. But today is different. We are seeing XOX getting profits and getting more subscribers. Something is brewing.

One year can mean a lot to a company. So now it is on the way up and many investors are looking at the QR report and XOX is in profit now. So are you telling me to keep selling until it is 5 sen or 3 sen??? Ridiculous isn't it? Already started making money...still don't want to give XOX a chance????

Any start up company will make losses during the initial year of business. Don't tell me when you start a new business, you are guarantee to make profit on your first year. It takes a few years to break even. Kiasu investors when they bought XOX during IPO started throwing it because in the QR report it was losses.

Did you know XOX is slowly getting a lot of attention lately?? Because of a lot of subscribers are starting to convert from Maxis or Digi to XOX due to the 28 months validity. Many of my friends started to use XOX. I even get to know XOX this year. And when the stock suddenly shot up from 7.5 sen to 21 sen this few weeks it is already telling you something is brewing.

A few possibilities why the price shot up.

1. XOX can be a target of takeover because it is cheap.
2. XOX is too cheap but the business is expanding and profit is coming.
3. Someone wanted to push the price up before the capital reduction.
4. XOX is having a bright future with increasing subscribers. Next QR should be better.
5. People like Wong Ah Yong like XOX and big investors are started to want a piece of XOX.
6. XOX is a telco company but cheap and the peers like Maxis and Digi are already too expensive.

Whatever the reasons, as long as the price is going up, I will continue to have faith.
As long as the price is well supported at the 20 sen level, there is no need to sell. If monday it can break 21 sen then better add more or buy more before it jump to 40 sen.

Good luck and happy investing!

https://www.digitalnewsasia.com/mobile-telco/xox-aims-to-fasttrack-global-marketing-with-ehorizon-jv

I don't believe it can cross 14 sen...I bought at 7.5 sen...it was a miracle...XOX crossed 14 sen!! Break 14 sen...I was shocked. Nobody believe it can cross 20 sen after that...everyone was shivering and some crying foul..waiting for it to drop back to 10 sen for them to collect. But XOX remained steady with huge buying volume. It crossed over 20 sen to 21 sen before negative investors started taking profit because they don't believe they have found a gold mine...they cut the goose that lays the golden eggs!!!

They chop the goose up because they are afraid...afraid the goose will not lay anymore golden eggs as the goose has already laid more than 100% of their investment in buying that goose.

But people like richkid are not going to cut the golden goose because richkid wants to let the goose lay more golden eggs until the investment value is $1 just like IFCA...hahahaha.... good story?

After watching it moved from 7.5 sen to 21 sen...nothing is impossible anymore. I will keep it until $1.

Engine....starting....hahaha..Always need to wait for the sellers to finish selling baru engine boleh start...Next week 25 sen...

There is no reason for the company to sell....if it want to be a big player in the mobile world. Trust me. Nobody is that kiasu. We can see wong is buying big...and I think will accumulate more. Just watch the show. Don't keep talking negative. Be positive. Watch the show. If really down always make sure you have your stop loss. No worry. If you don't take risk how to gain?

@prince Thank you for all your hard work. Thumbs up. But if the company want to push...let them push..we just ride along. Better still push until 40 sen! hahaha...

If today close at 20 sen also not bad. Someone predicted it close 20 sen on Friday. hahaha...If suddenly it jump and close higher it would be a bonus! The good thing about XOX is it was not a small boy to start with. Ipo it was 80 sen big boy. Just like any start up it was not profitable the first few years. So it dropped to 5 sen...became a small boy. But now it is profitable and slowly growing to be a big boy. Same like you when you are a baby you are making losses. You drank milk but never contribute. After a few years you graduated and found a job and start making money. Then your value grow back to positive. As you rise from rank and file you might become a CEO. And you can be a billionaire. Nobody knows. So XOX just started making profit and at 20 sen it is a good investment. Future XOX might be the next Digi..$5.70!! hahaha... need to wait lah...be patience.

I have seen how it rise from 7.5 sen to 13.5 sen then fall back to 11.5 sen...then up again hit at 14 sen...break 14 sen...then hit 15 sen 16 sen 19 sen and now 20 sen....I am sure there is another round to hit 21 sen, 24 sen and 27 sen...and 30 sen...so? Just buy on weakness. Stay focus.

@prince The proposed capital reduction is because XOX was below par value of 10 sen last time. Now it is already above 10 sen. So I think XOX might abort the proposal all together. Wait for the news lah...common sense. Why so worry? Want XOX to fall back to 10 sen for you to enter? I suggest just buy on weakness and let your profit runs. Keep for long term. Future IFCA in the making. Cheap telco good buy at 20 sen.

If a share is below the par value of 10 sen it must have capital reduction to be more attractive for bank loan. But XOX has recovered back and above 10 sen...now it is 20 sen...so there is no need for the capital reduction. Don't jump to conclusion so fast. Last time XOX was 5 sen...so the capital reduction is necessary. But now no need already. Wait for more good news lah. Don't simply pour cold water unnecessarily.

http://www.xox.com.my/contact-us/xox-dealers/

@cm go and compare the QR report of Wintoni and XOX....It is weird people still chase and rush to buy a loss making company like Wintoni while they didn't see the value of XOX...XOX should be at least 40 sen by now...hahahaha

The nice thing about XOX is the telco business. This is the GEN-Y business. The era of facebook, iphone, android phone, tablet, note and all of these devices need internet data to communicate. You will never go wrong. Humans need food, water, electricity, shelter and they need to communicate and connect with each other. The future is bright for XOX. Someone suddenly started buying and the frenzy started. Because you will never find a cheap telco company again. It is really expanding with more subscribers. I too attracted to their plan with 28 months validity. Many of my friends switched to XOX. This proved a viable business just like ASTRO. When the subscribers increased, the profit keeps coming. That is when you see the potential. And comparing XOX with its peer with the same business category like Telekom, Digi and Maxis, XOX is just well too cheap at 20 sen a piece. If today I tell you there is a new IPO and the new company is XOX and the IPO price is 50 sen...I am sure everyone will rush and buy, right??? Just because it has fallen to 10 sen doesn't mean it cannot rise back to 50 sen or 80 sen. Trust your own thinking.

Those who wanted to gamble and high risk taker can choose this type of share. Those who are not afraid to be burnt can enter. Those who are wolf of wall street can play this type of counter. Highly speculative. Those with heart attack stay sideline.

Candlestick is a very short term indicator suitable for day trades. Yes it is going down because of profit taking but it is not going to be a big drop. The big players are in. You will slowly see the price rise gradually. Buy on weakness. Don't miss the boat. From the different indicators, it is telling me that the support is firm and more uptrend next few weeks. The sharks are just waiting for you to sell to collect.