Yes it is a shooting star...but who created it?...its us who reacted to someone's indication, who created a panic selling....the smart one who created this would have sold and getting ready to buy lower.....supermx will have to correct a little because it has moved up quite a bit but not as panicky as we see today because of various reasons...good results, bonus issue and etc....only 4 those who see it through...

2nd round of distribution at 24.5c...good luck

Traders are trapped at 25c.. good luck

no counter is bigger than the market, if the market sentiment is negative, all counters will suck up to it eventually. better to cash out than trying to beat the market speculatively...

All TP's that is available is to cheat retail players, get out and protect what you have. This is a highly speculative counter, all fundamentals are punting on oil price... you will see this declining rapidly when the aligators comfortably position out themselves... o

Another explosive and high risk counter....downfall is within sight....good luck...

surprise to see people are still clinging on Lion... didn't you see the downtrend...what ever price you buy...you will get even cheaper.. its over guys for Lion...

When many chartist starts talking positivity after a spike in share price....expect the price to retract... caution...this counter is really struggling...bubble in the making....

wanna learn how sharks distribute and exit....you watch Lion carefully....pretty interesting.... very sorry for those still in it hoping for RM2......

@Khatu... can fly or not....

looks like operators are clearing what they have...or heavy selling by those who thought it will fly to RM2 after listening to amateur analysis

Its time for correction...matter of how big it is...good luck to contra players...the operators are catching you day by day... take your profit...good luck...

Aiyah...this counter always bully small traders and yet they keep buying...just stay out...this counter isn't going anywhere...

Tighten up seat belts and wait for Lion hunt again loh....everyone thought Lion had given hope but kena swallow again loh...

Its attracting traders now....once all big guns distribute....you small traders left licking the wound .. last oil crash also same, licking the wound to 23c... leave this stock

Lion is so full of mystery on 43M shares suddenly traded day before....small traders are gulped last 2 days slowly but surely....yet so many are fooled thinking sudden spike is a reversal of trend... lets see tomorrow's trend...

Lion crackdown started loh...

syndicate loh....attract, swallow, attract swallow...always sapu lower one...dangerous loh..

Can it find its support and rebound?

Now they will throw to all queing thinking the price will shoot up

its funny...how all turns positive now... if monday Lion swallows....all turn bearish again...

0.88 - 0.91 is the new range lah ... going to stay here for a long time I think... good luck to all contra guyz...

It will not break RM1 today but this is a blue eyed baby of many big fishes....it only has to go up...pause..and go up....

the big fishes are slowing exiting @ 0.93-0.94... stay out..

There you go....bloodshed started...

Friday...another bloodshed today...

No point chasing....big fishes are slowly swallowing...just stay side line...leave the big fishes buy n sell between themselves....

once beaten twice shy...stay out...don't get intimidated by price going up...big fishes will eat you alive again

Art of selling...gradually sell and exit... Lion is back to cage...

clearing out all the punters...

Since the price has started upwards, lets see how many here will follow what the "invertinvestment" author said:

"Once you've bought at the bottom of cycle, you should keep it tightly and only sell at the top (Yes I know, it's easier said than done). It will not be a smooth journey, sometimes you could see a 20-30% retrace due to profit takings. Don't get faked out and don't try to be the smart guy to capture the short-term ups-and-downs because... it will backfire! For example, you think the share price is going to retrace so you sell. Guess what? it goes further up and now you're in a tough position because you'll be reluctant to buyback, thus losing the entire full ride to the peak".

confidence on Lion is roaring, buyers are increasing, sellers should reduce soon...fun time begins

Lion roared....good come back today...

why would one want to sell when the trend has reversed to positive...the upleg is just the beginning...

wow...this forum is becoming personal than professional...sad..

@Betland....I agree with you... the results is good.. many punters here are spreading negative feelings and personal vendetta to get the share of the pie lower on Monday because they stayed away of hoping bad results.... on monday it should be reasonably trading at PE of 5

I think many are articulating the 4th qtr results the way they want to gain traction on the share price to buy lower.

All reports are comparing the current qtr to the same qtr last year which is a 13% increase in revenue. Of course, expenditure increased but not in the same proportion to the revenue but merely a 4.5% Profits increased by 5X when compared to the same quarter last year.
YoY, revenue increased by 24% compared to exp only 21% which is good and profits increased by 60% which is even better.

This improved results is despite them stating the same about the "PROSPECTS" last year in which they said

"Despite the safeguard being in place, the operating environment for the steel business remains challenging in view of the stiff competition among the local steel millers and rising raw material prices. Nevertheless, the Group will stay vigilant and responsive to market changes and persists with its efforts to improve operating performance and consequently the Group's business outlook in the next financial year is expected to remain
satisfactory"

Challenges are there but the company is unlocking every avenue looking into the future possibilities i.e. purchase of megasteel and etc. With just PE of 4, this price is a bargain on Monday.

Good results I suppose...its flying now

Those who sold...its a bitter pill to swallow now...its recovering

Time to collect...

massive selling at 97c...is TH selling...

Downside is over until the results are out. This stock will fly again. Too many good stories against all those who are pessimistic..

Everyone can make their own decision. All reports are available with disclaimer to take your own risk. Lets be practical, its steel play now and if you have done your own analysis ride on it or stay side line. Purchase of Megasteel is already factored in the price and Q4 results is expected to be good. If you see value in there buy, if not stay side line. I would suggest to do your own homework before you make your own buy or sell call.

struggling to fly...too many sellers...better switch

Results good...sure will start moving frm tomorrow

Hope resistance is over...should climb back tomorrow onwards...

Taking a breather...2.60 resistance...resume the back climb tomorrow..

Collection over...next stop 90c...

Will start moving from next week...hope collection is over

my hunch...it will be back to 2.45 by COB today