Since the sharp drop in share price from the peak of RM1.01 on 23 Jun 2014 to low of RM0.555 on 15 Dec 2014, the stock is now grossly oversold, indicating a possible resumption of uptrend as “Pos itive Divergence” pattern formed on daily chart points to potential reversal. Moreover, “Hammer” candles tick pattern on weekly chart is a sign of reversal of downtrend. Noticeably, weekly oscillators (RSI, MACD and Slow Stochastics) show that share price is bottoming up amid strong buying strength.
Further upsides are targeted at RM0.70 (100-d SMA & weekly 50% FR) and RM0.725, with a long-term objective of RM0.78 (200-d SMA & weekly 38.2% FR). Supports are located at RM0.655 and RM0.645. Cut loss below RM0.63 (weekly 61.8% FR).

Source: Hong Leong Investment Bank Research - 5 Feb 2015

salcon chart

http://klse.i3investor.com/blogs/hleresearch/69819.jsp

woah volume break 5m liau

how about me connie, i make u O everyday

yup connie, at d bottom of the V yuuuuuuuuuuummmmmmmmmmmmmmmmy

woah osk baby give another (+4 sen)8k paper gain huuuuuuuuuaaatttttttt arrrrrrrrrrrr $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

woah...thanks bro hawk, then my profit will be 22k huat all the way to jupiter

connie, pjdwc most likely to move after cny as olh will proceed with the merger osk-pjd-oskp soon enuf

welcome on board bro hawk, what's yr short term tp? thanks

thanks mslee, ong mali to all in CC house

ocbc roadblock is weakening, now explosive volume, cash per share 48 sen

good morning connie, salcon out of bear cage yet? my 100k(0.58) is flooding purple notes, dunno wanna take profit a bit first?

aiya connie. i save 35 yrs baru dapat 10k, u know air dude cage tion is limited loh

aiya connie, yr ling girl ree oredi how many k liau

duit, just kidding only, after saving 35 yrs, i m so glad to have 10k, phew

osk give 10k paper gain today, better than nothing lah

charlie, if kenot break 85, come back to 79, i oso sapu lah

connie, another melting song for u

https://www.youtube.com/watch?v=HavNjGRA1KA

same story again, some dude keep replenish the sell q at 2.03, will break soon enuf

connie, later i make u much more beautiful inside out yeah

fyh, i loaded 100k osk shares at 1.39, 50k shares at 1.43, 30k shares at 1.48, 20k shares at 1.83, collect dividend sudah cukup lah + 'a bit' of capital gain, no play other stock liau

good day fyh, got touch n go any babes at cc bor?

cherry, i cabut l&g at 63/65 b4 they convert tons of loan stock to mother share (now share base 1.1billion liau), then by back 42/45 sold 52 no more liau

paperplane, good luck on the superb rto story

connie, give u a romantic song, read the lyrics

https://www.youtube.com/watch?v=oUCf29rOSIA

duit, premium 4.8% ok lah but mother share price already price in all good news liau, now got capacity constrain mah

wahhh old ass kay rain purple notes again

connie, dat korean dude drama healer, i watch till ep16 liau, the babe not so chun, this one very chun one oh yeon seo

https://www.youtube.com/watch?v=y70EZ2tEizY

duit, ecofirst have 138m borrowings, cash 16.968m, balance sheet not sonice oredi loh ,every quarter earn peanut, on the positive side Investment properties 381.5m,Property development costs 53.3m DAEBAK, no doubt sindi kucing duit recommend sure rocket up one, kanbate

cherry, goreng means no fundamental, highly geared company, low cash, high debt, high interest payment evry qtr, maybe ecofirst semigoreng

Yup Connie, persona want money, 255m X 0.25 = above rm63m, btw tonight I flame u way up yeah

Conversion take 8 working days, nobody will know what is the price of the mother share by then

Thanks paper plane, I don't play goreng counters

Yup connie, definitely trading at substantial discount to mother share, buy now convert asap to grab the profit, there's 255m warrants, if everyone convert, the mother share price will free fall , on top of additional 39m private placement of mother share to be issue later will significantly increase total no of shares

ocbc's shares will soon vapourized, everyday they put roadblock from 0.60 to 0.70, their shareholding shd be below 25m now

hanting, hope, expectation, dream and desire not at 2.00 but 2.20(hope), 2.40(expectation) 2.70(dream), 3.00 (desire)

oops connie, later i come n unpain u thru sensual pampering yeah, meanwhile osk keep raining purple notes, gotta rent lorry liau to store them

1.99 clear all

some dude keep tambah/replenish sell q at 1.99

ok connie, rest up, later i come n lap yr bear lee n if u want more...then....

duit, chun li terbalik and kaki spinning sure distract my eye wor, later i invite her to steep sit me loh

ya lor duit, street fighter chun li veli chun wor, meanwhile for d other chun, must ask connie how she feels, she usually O repeatedly only

oic duit, thanks, usually we dual-wiping til smooth smooth loh, chun bor chun? kikikiki

wahhh connie, lapcheong means lap til very cheong izzit

coz of the corporate exercise, olh promise not to buy even 1 share of oskh/oskp/pjd

good morning connie, u also really tastes good ... extremely yummylicious !!! sweet and chewy

aiya rhb already up so much mah, osk still sticking the head in the hole meh?, 15(sp) sen + 5(final) sen dividend plus free 1 warrant for every 4 share , the mkt really dumb ass one

ong mali ong

charlie, i hold marco (bot at 0.13-0.14) for 4 yrs for dividend (1.5 sen, more than 10% yield) subsequently sold for 0.18, marco is cash rich, high yield (at current price 8% yield), just to note land need tons of cash to unlock value, dats why most property counters trading at half times book value, good to hold for long term but i'm bored with this stock

connie, of coz never forget 1000 yrs song, bye cherry hope yr guy like yr cherry, wahhh sherri seems tasty

ooops happy belated horknee anniversary baby

connie, 365 days X 3 already more than 1000

connie, welcome to 1000 times since we met

connie, i'm just telling charlie u r the yummiest babe ever

charlie, l&g share base increase to 1.1 billion shares liau, max tp 0.58-0.60, usually i grab 0.45-0.48