Today will breakout above RM10.30 (may come close to RM10.40).

When the price of a counter dropped badly or shoot up, it is usually due to rumors or news (other than its profit/loss). In the case of YTL, it was due to the cancellation of HSR.

In the case of CIMB, it started to drop badly after the May 09 election result due to Nazir Razak (brother of Najib Razak) being its chairman.... but now it has started to rise in price for the past one month due to speculation that Nazir Razak may be resigning from CIMB soon (especially after he resigned from Khazanah Nasional as a BOD). On top of that, CIMB has been a very profitable bank. There's no guarantee that CIMB will continue to shoot up in price.... but I am telling u what I am seeing only (just like I told people here what I saw about YTL about 3 months ago).

Cheers everyone..... make your own decisions at your own risk (and your own profits too).

Yes, when YTL up almost 50% I was here promoting everyone to buy or hold onto YTL.... I started buying YTL from RM0.95 to RM1.12 and slowly sold off YTL from RM1.28 to RM1.32. And during that time CIMB was down badly but I did not buy CIMB at that time bcoz I was buying YTL.

I agree with leomany.... lot's of opportunities making money from other high flying counters.

@leomany: U really act fast to change counters! That's what not many people can do.... some people here (in this Sapura's forum) got stuck in this counter for years and still here.

frankco's "promotion" reminded me of hng33.... where is hng33 now? I hope he did not lose all his money.

While YTL up 1 sen, CIMB up 9 sen & TOPGLOV up 18 sen today.... u see what I mean? Y want to b stuck here making 1 sen or 3 sen a day while u can make more profit in other counters?

RM10.20 fake wall now broken... hope it will not fall back below RM10.20.

Hahahaha!! Crazy 254,400 fake Q sell at RM10.20!!

Today will breakout above RM10.20!

Agree with takashi85; better buy FGV, and maybe CIMB (very profitable company & price beginning to move up), also TOPGLOV (giving out 1: 1 bonus issue).

Downtrend.... sell!

@timss: I'm not trying to give negative comment here, but as u requested for evidence... here it is:
http://www.ytlcommunity.com/quarterlyreport/pdf/YTLCorp%20-%203Q%2031032018%20Final.pdf

RM40B is only the non-current liability, the total liability is RM50B (including the RM10B current liability).

The 40B debt was stated clearly in YTL's latest QR.

I can only comment based on recorded facts.... and can't comment on how he did it (reduce debt).

I have to admit that Sapura's CEO is committed & working hard to reduce its debt:

2016 Debt = RM16.2 billion
2017 Debt = RM15.1 billion
2018 Debt = RM14.7 billion

I am also interested investing in this company (not now, maybe in future) if the debt is reduced to below RM10 billion and the company start showing some profits.


For now, I will let the other ikan bilis push down/ up the price first.... see how it goes, whether there is any direction or not for this counter.

In case some of u don't realize.... SAPNRG is using the same formula as 1MDB: borrowed billions of RM; no profits (only losses); running out of cash, so tried to sell its most precious Assets (E&P); failed in listing its E&P but keep promising; pay its CEO millions of RM even though the company running out of cash; keep insisting that it is right to pay the RM72 million to CEO (just like Najib keep insisting that it is right to pay Arul Kanda RM5 million for 6 months' service (including 2 months on leave.... so actually only 4 months).

If Sapura has first class Assets then y the company has to write off RM2 billion impairment on its assets recently? Y can't it get more loan from banks? Y does it have difficulty listing it E&P?

Whether my answer was correct or not, please read up Sapura's Annual Reports (2012 to 2018) yourself.... don't simply say I didn't give correct answer.

I was answering Hidup_Anwar's question. He ask about Sapura's debt so I gave him the answer about Sapura's debt; he did not ask about Sapura's assets. I answered according to what was being asked.

Some people ask questions but when we give the answer they don't like to hear the truth... they get angry.

@newbie8080: Don't b alarmed by that "bearish correction" prediction. TA indicators will throw out a lot of numbers at u.... but u must understand whether those numbers r useful or not. For example, if u use 250 days SMA then how long do u think that prediction will take effect? If your investment/trading time frame is only 2 or 3 weeks to a few months, do u think this 250 days prediction will affect u?

@Sapnewbie: YTL also has huge debt but it is a profitable company and it has RM11 billion cash (in fixed deposits) while Sapura is losing RM2.5 billion p.a. and has less than RM1 billion cash. That's y YTL has no problem with its debt but Sapura is facing cash problem (may be insolvent soon).

@Sapnewbie: I did not cut loss.... I sold off everything about 3 months ago with a little profit. I refer to Sapura's Annual Reports available at Sapura's website for all its past & present financial status.

Compare Sapura's debt in 2013 at RM3.8 billion with its debt now at RM15 billion..... what do u think about that!? Will this company ever prosper?

@Hidup_Anwar: Sapura's debt 0.6 billion in 2012 & Sapura Kencana's debt 3.8 billion in 2013.

@BetorInvest: It is difficult to explain how to use the Impulse system in Ms Excel spreadsheet.... it involves quite elaborate computer programing. My opinion to u is: u don't really need to use the Impulse system (though it is a good one) unless u have the software & know how to use it. If u can use many of the other readily available TA software, it is already too good.

Y runnnnnn!? I thought u said RM15 coming? Hahahaha!!

Cancelled small quantities like 93k will not affect price but if cancelled 10 million then it will be good (suppose to increase value of shares by reducing supply).

Now, with Sharil of EPF being moved to Khazanah & TS Zeti as chairman at Sime Darby..... looks like the Battersea deal will be harder to get done.

https://www.thestar.com.my/business/business-news/2018/08/04/shahril-appointed-khazanah-md/

http://www.theedgemarkets.com/article/zeti-sime-darby-propertys-new-chairman

Not sure how these 2 big moves by the PH government will affect SPSETIA & Sime Darby's oversea's investment projects.

Agree with joeshare.... that someone dumping r the sharks!! This is the real manipulation of share prices (not only this counter, many other counters also the same).

Market slow never mind.... at least we know the KLCI have been in uptrend since 16 July 2018 (more than 2 weeks already); so the probability of winning is higher than losing (unless the market suddenly crashes).

Yes, it is better not to depend on one counter only to earn money.... better spread out your bets on a few different counters. If this counter not up today, at least 1 or 2 other counters can up. As for this counter (TOPGLOV), don't lose money is good enough already.... if want to make money from it, must be patient (wait a few days or weeks).

@BetorInvest: Yes, I've also read about the elder impulse system... I think in those books written by the world famous Dr Alexander Elder. I'm not sure y it is not commonly used.... probably hard to get the software. I also don't have the software for that. So I do it (the elder impulse system) in MS Excel spreadsheet. If u know how to use it (the elder impulse system) then go ahead & use it, it is a good system.

The difference between 9.99 and 10.15 is 10.15 - 9.99 = 0.16; if u bought 10k yesterday at 10.15 and the price now (this morning) is 9.99 then u have lost RM1,600.00 already. So if u waited till today to buy at 9.99, u already saved RM1,600.00 (only 1 day difference).

@viagra: http://www.chartnexus.com/software/cnx_software.php

@BetorInvest and others interested in TA: Of course, u need to download TA software available freely from the internet (just google).

@BetorInvest and anyone else who wish to learn TA, I recommend u visit the website below:

https://www.stocktrader.com/free-technical-analysis-education-articles/


There are many other free online courses as well.... just google.

@BetorInvest: I see u r not that interested in selling for quick profit; u r more interested in TG's breakout above it resistance. Breakout from the first resistance at RM10.72 could happen soon (without any regard for court case result).... how soon? probably within 1 or 2 weeks. Breakout from the 2nd resistance at RM11.18 is harder to tell at this time (whether will breakout above RM11.18 also not sure).

Agree with @saw_investment.... 40b debt but the cash b4 share buy backs was less than 12b; now, after several weeks of share buy backs, YTL's cash could be around 11b now. Its RSI at 76.92% is still overbought... better wait a few weeks or months later if want to buy back YTL's shares.

@BetorInvest: The first resistance is at RM10.72 and the 2nd resistance is at RM11.18; so if u want to sell for fast profit, place your sell order at RM10.70 and if u can wait a little longer to make bigger profit then place your sell order at RM11.14 or RM11.16. Good luck!

@StockGambler: Remember, at the SAPNRG forum, I gave buy call for TOPGLOV at RM9.99? I said this entry is more likely can get in than Balong's RM9.36. If anyone wants to enter at lower price like RM9.86 or RM9.72 could get in yesterday early in the morning for the first few seconds only but it is unlikely u can get it bcoz it shot up too quickly in a few seconds only. Hahahaha!!

Congrats to those who sold at 1.34 - 1.35; enjoy your seafood nasi lemak. ^^

@Asdfghkl: Thanks for the good luck wish! U sold at 9.96 & some of us bought from u; the price is 10.18 now.... did u detect any sharks pushing?

Asdfghjkl Managed to get at 9.82 and will sell when i feel the sharks stop pushing.
31/07/2018 09:21
Asdfghjkl Done selling at 9.96...good profit in 20 mins. Bye all.
31/07/2018 09:25
Asdfghjkl Good luck ;D
31/07/2018 09:26

Hahahaha!!

O.K. Thanks! I focus more on their financial accounts and price charts (plus technical analysis).

@samuel: Yes! It is based on the entitlement date (not based on payment date).

U r welcome! But y do u want to know all these figures? Does it help in your investment decision? Do u mind sharing? (I am just wondering.)

@wiki123: 51.9 billion gloves p.a. as of 31 Aug 2017 (now probably should be close to 60 billion).

@wiki123: Latex = 52%, Nitrite = 36%, Vinyl /etc = 12%.

What do u mean by no growth? TG's growth in revenue and net profit is more than 20% annually for the past 6 years. Even the purchase of Aspion is to facilitate future increase in production.

Based on the price chart of past 2 or 3 weeks, it is obvious that the RM700 million overpay court case has already been factored in.... so even lose court case will not bring down the price too much but if win court case then the price will definitely shoot up a lot. Hence, no need to keep waiting for court case result.... otherwise we will be waiting forever with inaction.