Chickens chickened out.
Dont try to time it. You try to time it you end up chickening out. HODL.

Sapu. Myeg n htpadu tag team duo vs billions of government contracts.
It has ran out of sellers at this level. With the money that coming in, with low share base, it is cheap at 2.40++. Soon it will take out 2.70++ for a big battle at closing high 2.99/3.00. Once cleared, it will head towards 4.00.

Sapu b4 its too late.
I no kidding.
Jpj contract 190 mil. Profit 15 cents per share.
Half of immigration contract would be 3x more than jpj contract. Profit 45 cents per share.

At 60 cents profit, pe 8 = 4.80
At pe 12 = 7.20

Real jpj contract, real money.
190mil for 3 yrs.
IT job profit margin = 25%
Profit per year = (0.25 x 190)/3 = 15.8 mil.
Share base = 100 mil
Eps = 15.8/100 = 15.8 cents
PE 8 to 10, this contract should contribute rm1.20 to 1.60 to the share price.

BUY !!!!!!!!

Less is more. The lower it gostans, the higher it goes. Shares do not go up in straight line. I said HODL, dont try to time it. It will go to new high above 3.15 to above 4.00. That is first stage. Contract award time 5.00 to 7.50. Because contract is huge, profit margin is high and share base is small.

The trend has reversed, resuming uptrend. Consolidating its recent gain from correction bottom sideways 1, 2, 3 how many days no one knows, and will move up to take out its recent peak of 3.15....

As I said HODL. It means hold, do not sell and do not take profit.

HODL..

Price has reclaimed above 27mar closing of 1.89. The trend has reversed. UPTLEND.....all the way to 4.20.

Added n adding position at 1.78 - 1.82.

No 1: 29 feb 2024 close of 1.78 is THE CORRECTION BOTTOM.

No 2: Market closing peak = 2.99 on 11 mar 2024.

No. 3. After this correction, price will change direction to uptrend to take out 2.99 last peak n head towards = 2.99 + (2.99 - 1.78) = 4.20.

No 4. Two new substantial shareholders with combined holding of 32% bought via off market deals at 2.15, higher than 1.80 it is now.

No 5. With its experience and track record with the Immigration dept, it should get the rm1.2 bil contract in full or partially. IT job profit margin is high some 20 - 30%. With only 100mil shares issued and with such high profit margin, share price should be in the rm5.00 - 7.00 region should it get the contract in full.

=> Take this opp in share price weakness to add to yr position n wait patiently.

Sideways bottom consolidation on the card. Wait after raya. Dont jump in n out trying to time it pang, you will miss the boat. The boat will depart when you least expected.

Btw my prediction is not crazy if you know what i know. I mean technically.

In technicals, what is the meaning of a golden ratio retracement??
It means, going forward it will surpass the last closing high of 2.99 and the last intraday high of 3.15. This is basics of stock trading. Not a matter of if, but a matter of when.

Position yrselves now.
All it takes is for pmx to come out and say "i dont see any problem as he bought it in open market and he is no longer in politics and does not involve in govt administration" for this thing to hit limit up.

A close above 2.17 today would form a Bullish Engulfing Candle, a trend reversal signal.

Then you would have 3 signals alligned to form A SUPPER BULL:

1. A descending triangle 2.43 - 2.99 breakdown target of 1.87 => checked.

2. A golden ratio retracement of 1.21 to 2.99 move at 1.89 => checked.

3. A bullish engulfing off descending triangle breakdown target and golden ratio retracement => In Progress ?

Then just HOLD ON TIGHT2 RIDE THE SUPERBULL WAVES UPWARDS...

TS Wong, Farhash, Sultan of Kelantan bought a combined stake of 30% at 2.15. You buy now 1.95 - 1.99 you will get it cheaper than them. Just buy, no need to think. Keep it for a few months. Technically and experience wise and track record with Immigration Dept, they must get the contract, if not in full, partially.

Golden Ratio Retracement of the 1.21 => 2.99 move:

2.99 - 0.618 (2.99 - 1.21) = 1.89

1st Tp b4 contract award = 4.00 ++

2nd Tp after contract award = 6.00 - 7.50

300 mil profit over 4 yrs for company with 100 mil shares = 300/100/4 = 75 cents per share per year earnings.

PE 8 => 6.00
PE 10 => 7.50

Descending triangle base at 2.43, top at 2.99. Tp when base broke down = 2.43 - (2.99 - 2.43) = 1.87.

This Tp is being hit now, BUY!!!

Uptrend will resume with Tp of:

Tp = 3.15 (last peak) + (3.15 - 1.87) = 4.43.

Buy now you WILL MORE THAN DOUBLE YOUR MONEY!

Sold 2.23. See money take money.
Chart resistance here.

Monkey trade. Last monkey in will pay the price. See losses, lock in losses. Dont try to be a hero arr.

My take, in time, it will go back to 0.14.
Because historically, proven, they cant translate big project into big money. Must be bcause of too many thambis at the top. Thambi mindset is naturally to complicate things which are not complicated.

Small brain icecool.
Speculative trading you need to think like a speculator. I run again the numbers. This time use what little brain you have.

Operator took big position 15 mins b4 market close 2 days ago during momentum surge 0.32 to 0.39.

The next morning he did the early churning buying all the sellers n selling at the same time 0.41 - 0.455. Here is a good facking trap. He conned n trapped the buyers.

When it dropped too fast to 0.365 he pushed it up to stabilise at 0.395 to 0.425 all morning. What did he do? He churned to unload his 0.32 - 0.39 shares, probably averaging at 0.36 cost. In churning, you sell he buys, you buy he sells, at the same time he did left pocket right pocket trading to nett sell.

By lunch time, he had sold off all his shares. After lunch he no longer supported the price and it started to turn red n continue going lower n lower as people who got conned earlier 0.395 - 0.425 started to cut losses. It came down all the way to 0.315 from 0.40. He bought back 0.32. I am not just saying. You could see some big volume traded traded at 0.32. Big dumping absorbed by big buying. It was the same operator who released shares 0.395 - 0.455, buying back.

He tried to push this morning but he was stopped at 0.355/0.36. This people (operator) they dont just hang around once they cant push, they sell back. They pocket whatever small profit they could. So he started churning 0.33 - 0.35 to unload his 0.32 shares. To you it seems like buying. But to the trained eyes, it was a nett selling operation.

Once he had done selling, and detected by big sellers, you see dumping below 0.32 to 0.305. This operator bought back 0.305 - 0.315. If he can play and enough people to play with, he will play. If not, he will sell back n it will drop below 0.305.

This is a con game. The idea is to con people to buy their shares that they acquire at cheaper price.

Understand now? You want to speculate, you need to master the art of speculation!

TREND: DOWNTRENDING
3.92 => 3.72 => 3.52
3.52 => 3.72 now
3.72 => 3.52 => 3.32
3.32 => 3.52
3.52 => 3.32 => 3.12
3.12 => 3.32
3.32 => 3.12 => 2.92 => 2.72
2.72 => 2.92
2.92 => 2.72 => 2.52
LAST STATION: TWO FIVE TWO

Remember otb & kyy JAKS?
Remember all those fancy calculation and how much money JAKS would make from its vietnam power plant?
And the icing on the cake is they went to visit the power plant in vietnam..ha ha ha...guess what? JAKS is trading at 0.15 now...
That visit was not the icing on the cake, rather it was the icing on the shit...hu hu..

Whatever price you bought 0.40++, 0.20++ or 0.10++ just write it off salvage whatever little left you can save, and move on.

I took another look at it, even 6, 7 cents also dont buy. It will remain a penny stock 6 - 9 cents FOREVER. This is what 3 billion shares will do to a company whose business just cukup makan only. In case you havent noticed, kapitan opat is selling everyday.

I told u people a thousand times. You follow otb you will end up in longkang.

Game over. Downtrending from here. No need to think. That 3.70 was crucial. It gave way just like that today. It held up 3 times previously. The break below 3.70 today is a confirmation of a double top structure at 4.20. Early strength monday will be stopped at 3.70. In time it will go back to 2.80 where it all started this year.

Fundamental wise earning has peaked out. They will come down to stabilise around 500mil rgt per qtr, off its peak of 800mil rgt. Therefore the share price has peaked out at 4.20 and will come down to stabilise lower, some 1.00 - 1.50 lower.

If one were to believe the cup n handle pattern 4.20 - 3.70 - 4.20 cup. Well bad news because THE HANDLE OF THIS CUP BROKE OFF TODAY.

If you want to trade trying to follow operator footsteps by all means go ahead. Fast in, fast out, lock in small profit and lock in small losses as well.

But if you want to hold, a BIG NO, because you will never see 4.20 again in your lifetime.

DOWNTLENDING. Drop, operator bought, operator pushed up n distribute n take his trading profit. Then he steps aside n waits for it to drop again. You saw good buying yesterday 3.83/3.84? Well, it was not buying. It was churning to distribute. Next drop is below todays low of 3.52. Then when there is good selling some 20 - 30 cents lower, this operator will step in again to repeat the cycle. In fact he has been repeating this cycle many times over the past 2 months. That is all that there is to it. You are right footed you make money. You are wrong footed, you lose.

Ever heard of DARVAS BOX ?
Darvas box 3.70 - 4.20 broken.
The next Darvas box is 3.20 - 3.70.
THREE TWENTY..

3 times support 3.70 breaks babe.
Run to the hill, tsunami coming.

Still here? Pancit dy.
You see there is a bearish descending triangle formed with base at 2.10. Triangle top at 2.30. Once 2.10 base gives way, it will go to 2.10 - (2.30 - 2.10) = 1.90. Or back to square 1 to hybernate there for a few months.

Many ask me to comment. Here it is:
1. The chart is bearish. It is a TICKING TIME BOMB ON BORROWED TIME.
2. A DOUBLE TOP has formed. The 1st one was on 30jan, and the 2nd one was on 27feb. It is a bearish market top formation. Just a matter of time for it to drop off this top and will not recover.

Many pm me asking for my comment.
Here it is:
1. The previous descending triangle with the base at 2.15 broke out to the upside a day after it announced its QR. 95% of the a descending triangle results in a breakdown below its base. But in this case it broke to the upside of the triangle.

2. There is a consolidation triangle formed since 10 days ago. Price has broken down off this triangle at 2.64 two days ago. Triangle base was on 27feb at 2.51 => 2.71 = 20 cents. It will in its way down 20 cents below 2.64 to 2.44.

Ding dong ding dong but going lower.

Ticking time bomb. 1.90 - 1.96 coming.

I told u 7 cents.
Now 9.5 cents. This is lowest point.
Once break, it will go to 6.5/7 cents.

Paktua bought at 0.44.
Then crashed. Then he went crazy for a month. Then he came out when it rebounded to 12.5 cents.
Now 9.5/10 cents, he goes crazy again.
This thing you cant talk big n try to play hero. Down a bit below cost, cut loss.

What the fuss is all about.
The secret is in the pattern.
Free fall to 1.30 rebounded to 1.41.
Drop again to 1.30 for a potential double bottom. This is where you buy.
Should 1.30 break, you quickly cut loss at 1.27/1.28.
Rebounded again. You wait to see if it could take out 1.41 the rebound top. Should it fail to take out 1.41, you take your profit 1.37/1.38.
It cleared 1.41, now it had formed past a W shape double bottom rebound at 1.43. You waited because it would form a V shape technical rebound to more or less 1.41 + (1.41 - 1.30) = 1.52.
Now you searched for previous lowest point around 1.52. You found it to be at 1.54 some months back. Now you knew 1.54 will be your resistance. So, you set to sell at 1.51 - 1.53. You sold 1.52.

You bought 1.31, you sold 1.52 for 0.21 profit in 25 minutes.

Now at 1.50 closing, you see the chart structure is very bearish. So you wait patiently to play similar rebound play for any freefall below 1.30 yesterdays low.

Understand? Good boy!

Nothing to shout about. Yesterdays result is the same as 2 qtr ago. Just a speculative hype riled up sentiment. It will resume its downtrend towards 1.80. Many will cry.
Eps = 4.5 + 4.5 + 4.5 + 5 = 18.5 thereabout.
Fair value = 1.80 - 2.00 only this is where it will settle. Going forward it will go even lower because contribution fr ytlpower has peaked out n will be lower n lower. Final stop = 1.60 there about, after the speculative hype it will settle here over time.

A MIS-GUIDED PERCEPTION OF SPECULATIVE TRADING
Ytlpower earning has peaked out in aug last yr n starts to come down. Going forward ytl earning will come down due to lower contribution from ytlpower. This feel good factor is misplaced. Share price will go back to 2.15 where it was about to go down last few days, and drop to 1.80. And all you speculators will lose 60 cents a piece, some time in march.

Detailed analysis completed.
ABORT 2.09 - 2.11. Even here its looking scary bcause the chart is just too sharp. More like 1.97 being a symmetrical inversion of 2.10 - 2.23 candle. WAIT PATIENTLY FOR A MAJOR SLAUGHTER below 2.00.
Good luck !
Adios.

You can buy but you cannot get out.
It is too soon to take a position.
Yesterday was a trap day.
Today is another trap day for a new bunch of edyots. Wait 2.09 - 2.11. I am too waiting. But not today. Be patient. Im out of here. I talked too much. Good luck!

Mama mia, ayo ma, ayo pa..

Today 2.16/2.17. Monday lower.

This is yr strategy.
Yesterday con day T, people got trapped. Today T1. Monday T2. Some people will take losses in afternoon of T2. Tuesday T3 force selling at bargain prices. If you got trapped yesterday you need to get out now at some losses bcause it will get worse n worse until tuesday. If u have not gone in buy some monday afternoon, buy more on tuesday. Take profit on rebound. Remember, dont be greedy. See money take money.

I think you wait patiently for it to come to you at 2.09, 2.10 n 2.11.

Another one of those take a position, pump n dump intraday in ytl. The drop will be delayed a week or two.

Another one of those take a position, pump n dump intraday. The drop will be delayed a week or two.

Baby BS smells bad like sh^t.
A bigger idi^t is not the who who loses, but the one who doesnt know when to sell until all the profit evaporates.

Whos my student yesterday, elite?
Now you learn yr lesson?
Selling can be made to look like buying. Understand now?

So how? KENA DY? KENA CON YESTERDAY?

I told u it was a conjob to trap buyers from mid morning to closing.

Now 2.20 support will break. Bcause there were some big buyers as well kena con yesterday. Next support 2.10.
You know what they say, always cut yr losses short . Dont sayang2. Its the rule of the game.

As usual SELL THE NEWS at opening bell because technicals are very bad.

As usual SELL THE NEWS at opening bell because technicals are very bad.

ABORT. It does not open green.
Operator completed the conjob distributing shares.
RUN FOR YOUR LIFE!

Huat arr, hentam!
Market condition changed overnight, new york jumped. New operator will take over and bring it to 2.45.

Good news ka? Good news you sell lah. It is called sell the news. When it tries to surge the first few mins tommorow you sell ok. This oil n has surge the past few days is only a few days of speculative play. It all will fizzle out, price reverses n volume disappear. Ok. Adios. Good luck.