sting79

sting79 | Joined since 2014-08-18

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Stock

2020-08-14 16:55 | Report Abuse

I find that playing probability analysis is better than chart/volume and hope analysis..

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2020-08-14 16:50 | Report Abuse

lee_m2020 TRIVE will leave 0.02 likely permanently..

That's based on the chart analysis and volume right? Don't forget such super duper speculative counters, the sharks can let go the plug easily anytime!

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2020-08-14 16:49 | Report Abuse

For those who bought, just hold la. Those not yet buy better stay away unless it drops to 0.01 and below. Trive let me won 3 rounds already!

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2020-08-14 16:43 | Report Abuse

Many many stocks in deep red sea, opportunity to accumulate more. Must have a strategy which includes downside buying! At least that's how I usually win in the market mid to long term!

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2020-08-13 17:54 | Report Abuse

5c0160: That's fine if the price rise again next year or so. Most important is you win at the end of the day. If you win by jumping here and there into speculative counters based on rumors/news, then congrats to you as being one of the rare ones!

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2020-08-13 17:29 | Report Abuse

Haha don't get me wrong, I bought this because 0.37 resistance broke earlier and BCMALL is one of the laggard healthcare counters with quite ok fundamentals.

Then when price free fall past few days, a further look in company reports and announcements shows that this is a counter worth to hold and even average down further.

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2020-08-13 17:22 | Report Abuse

DIlbert118: Not sure, can try read my comment above? Rebound not likely in short term but medium term?

The hope is in improving quarters post MCO, management's aggressive new business venture, past track record, and the final one is emergence of a new big shareholder.

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2020-08-13 16:53 | Report Abuse

Waiting directors to sell more so price will drop further and also due to the potential negative coming QR.

Once they ceased to be substantial holders, then it's time to add more. Hopefully by that time the new shareholder is coming in as well. May also see the directors buy back their shares.

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2020-08-12 18:13 | Report Abuse

Nothing to kasihan if this is not your all-in and is just extra money. Investor interested in penny stock should see this as an opportunity to collect. BCMALL has rallied also, hence the fall now.

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2020-08-12 17:09 | Report Abuse

BCMALL is a healthcare/medical equipment and services company, also one of the major players in laundry services, unfortunately the recent venture into healthcare consumer products did not work out (with Foodict). But if you look at the reason for the failed venture, it is because Foodict not able to produce its audited 2019 financial statements within the stipulated timeline.

Estimate the upcoming quarter for Apr-Jun to be negatively impacted due to MCO which shuts down its laundry business, and also generally the healthcare/medical sector operating at reduced capacity. Expect some downside in short term, but is a very good time to collect more or average down.

Once Covid19 is over, all commercial business (especially hotels) will reopen hence momentum in the laundry sector should return on top of the additional outlets. Healthcare/medical would also improve due to the after-effect of the virus. The management's plans to further increase customer base and aggressive new business ventures also bold well for the company.

But the best part is this since its listing in 2016: company has met the Profit Track Record Requirements on 30 December 2018. This is why they now have to issue some of its share to Bumiputera investors to comply with Bursa requirements for newly listed company. Usually the indicative price (0.255) in the proposal is not far from the actual issue price, so you can see another big investor coming in around that price.

Happy to average down further as price drops in the short term. This is a counter that lets you sleep peacefully at night!

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2020-08-11 11:16 | Report Abuse

liegelord nice to see you here again sting79

Same here liegelord. Sold already for profit thanks to the current penny run and also this is purely speculative stock. Been holding for a long time already.

Come join me in O&G stock if you still have funds. Earn some kopi money also good..

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2020-08-11 11:03 | Report Abuse

There are many emerging bigger players in the solar / battery related sector, plus Trive's biggest revenue is not from this sector. Simply relying on hope analysis is a risky bet now due to the crazy run already. Please invest safely.

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2020-08-11 11:00 | Report Abuse

Forget about Trive if you have profit now. Based on the latest private placement proposal, the funds are likely to be used for the Persoft Towers, not the lithium battery sector. If demand is so good and they are the main distributor, why not spend more into this sector?

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2020-08-11 10:02 | Report Abuse

Slc1 Sour grapes, really sour. Wakakaka

Not sour grape, but observation of this early morning high opening hence many are doing profit taking now causing the selldown. This is in general, not only Vivocon.

Hope they release the annual report soon so that can see if the directors/related persons have increased their holdings since 2019. If yes then it's safe to hold along with them.

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2020-08-11 09:54 | Report Abuse

Morning session high opening is a trap for most counters. Can see now many operators from different penny stocks are pulling the plug, may expect a selldown in KLCI today if such sentiment continues.

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2020-08-10 16:43 | Report Abuse

Possible upcoming announcements:
1. Next quarter result maybe end August
2. Announcement of utilization deviation of the $25 million 2018 RI money
3. Positive corporate announcements after consolidation exercise completes?

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2020-08-10 16:13 | Report Abuse

Hence my comments above from a chart-wise perspective, can use today's closing to sort of gauge the uptrend.

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2020-08-10 16:09 | Report Abuse

Sales, most of the old timers here know of the trap. However, the recent volume from end June up to today is different than all previous runs. No matter what, trader will come since penny stock is hot now being rotated one after another...

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2020-08-10 16:03 | Report Abuse

Wait for end day closing to determine next move. If KLCI in red sea but Vivocon can close above 0.045, then chart wise may be bullish.

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2020-08-09 22:57 | Report Abuse

This is a counter related to Vivocom (same directors, same corporate exercise pattern), be very cautious here.

Not really bullish or even momentum stock, MACD already sloping down which is a negative signal. Just past few weeks of volume which is similar to Vivocom pattern, and see how now Vivocom price went down all the way from the day the momentum started. Trive and Bornoil yes, momentum stocks with bullish MACD and volume.

From chart wise, both EAH and Vivocom are quite similar and not tempting for traders. From hope-analysis wise, EAH got potential coz not goreng yet??

Many potential laggard counters being promoted out there due to current craze, better to ride elsewhere!

News & Blogs

2020-08-09 22:53 | Report Abuse

From chart wise, both EAH and Vivocom are quite similar and not tempting for traders. From hope-analysis wise, EAH got potential coz not goreng yet??

Many potential laggard counters being promoted out there due to current craze, better to ride elsewhere!

News & Blogs

2020-08-09 22:39 | Report Abuse

Trive and Bornoil yes, momentum stocks with bullish MACD and volume.

News & Blogs

2020-08-09 22:39 | Report Abuse

Not really bullish or even momentum stock, MACD already sloping down which is a negative signal.

Just past few weeks of volume which is similar to Vivocom pattern, and see how now Vivocom price went down all the way from the day the momentum started.

News & Blogs

2020-08-09 22:34 | Report Abuse

This is a counter related to Vivocom (same directors, same corporate exercise pattern), be very cautious here.

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2020-08-09 22:21 | Report Abuse

You don't simply avoid TRAPS, you ride the wave with probability (define your own interpretation, but should be easy if have common sense) as most important factor. If your job is a true trader, you would have gone through many groups/channels/telegrams for tens of counters daily to gauge your top picks in terms of probability. Also to split your capital into few stocks than all in one basket. Adding FA into your TA set is a big bonus to cushion your downside.

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2020-08-09 22:15 | Report Abuse

JohnFook My purpose here is not to make fun of those trapped. I am a fellow trade and I am here to persuade you to not to fall into this sort of trap. We are seeing again and again how bilis being trapped with shark exit. If all of us want to successful traders and make trading our career this one thing is a must learn ie AVOID TRAPS.

As a trader, I think you have bad analysis with very general assumption. Those who bought low has no fear to let go for now, only those chase high need to be afraid.

Furthermore, other similar counters are worst chart-wise than BCMALL. Try harder.

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2020-08-08 21:28 | Report Abuse

Haha so funny many of you assume people ask to sell because want to buy cheap. Read their comment history first before comment ya?

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2020-08-08 19:59 | Report Abuse

AlexChiaWS: My greatest lesson in life is never to put all eggs into one basket. Not sure how many have yet to learn this, but anyway good luck guys!

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2020-08-08 19:55 | Report Abuse

AlexChiaWS What kind of guy, who want to dump tonnes of his share while his friend shouting inside a forum telling everyone not to buy or even worse sell if already profit?
Can someone understand this guy?

A guy who has lost and fall hard before, but got back up again.

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2020-08-08 19:51 | Report Abuse

Don't get me wrong, this is still a good company to invest, but not at the price and timing now. Anyway, good luck to all here!

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2020-08-08 19:51 | Report Abuse

Ok, but I see more probability in other laggard counters being promoted. If you read alot more on channels/groups/telegrams, you may understand what I mean. Oh yeah, big traders are in the Chinese groups too, is a big plus if you can read those.

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2020-08-08 19:36 | Report Abuse

samurai_rising: That is the hope analysis mentality, I'll rather stick with probability in all markets, as the saying goes your money, your lesson.

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2020-08-08 19:10 | Report Abuse

Even always remembering downside which I put myself on the 'safer' group, also got hit badly for other fundamental / laggard stocks during the Friday selldown since nearly all got impacted.

Imagine if play with hope analysis and chase high stocks like NOTION / ESCERAM / gold-related counters feel on Friday...

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2020-08-08 19:05 | Report Abuse

Hrrypttr: I always defensive and protect downside even when switch mode to speculative stock like HLT / K1. Hence always take profit when comfortable, you will never know which one they will fly to moon.

Hoping K1/BCMALL/BIOHLDG/etc will fly like LKL/HLT/Carepls is like forgetting your downside.

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2020-08-08 18:48 | Report Abuse

Not a buy/sell call guys, just my own perspective only.

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2020-08-08 18:47 | Report Abuse

Sorry for my comments, but I got in below 0.5 hence already sold before the fall on Friday due to the probability and chart-wise. Also many potential counters are being promoted recently, hence adding more to the probability factor - staying long in one counter when already comfortable profit is not a good thing.

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2020-08-08 18:37 | Report Abuse

Many interpretation of probability here for example:
1. Split your capital into different stocks, not only stocks with potential run due to current mania. Put some into fundamental stocks to cushion the fall when the king bear comes
2. For stocks related to current craze, look for potential ones. Many chinese and english groups/telegrams/channels have all sorts of potential counter being promoted, can pick those not yet move hence downside risk is taken care first

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2020-08-08 18:32 | Report Abuse

Fundamental and value investing don't work at current crazy run, hence probability is the next most important criteria. If you don't take care of the downside, your greed will take care of you.

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2020-08-08 18:27 | Report Abuse

From a probability play, rather look for those with potential to bull so can stay in safer zone. If and when market turn bearish, the fall will be so hard that those heavily invested in chase high stock will either average down to catch falling knife, or sell at great loss.

I've been through this before and fall very hard, hence probability is extremely important especially in such crazy times.

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2020-08-08 18:23 | Report Abuse

huatkopi88 If K1 underperform during bull run, you lose return wise. That's like choosing a winning horse. Win big and win small matters from investment perspective. Low expectation low return.

Doesn't matter since not heavily invested in these kind of chase high stock. If you heavily invested then no comments, your money.

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2020-08-08 18:21 | Report Abuse

Say whatever you want like hold this for long term etc, fact remains that few past days has caused the chart to look downtrend, coupled with Friday bad sentiment. Only news able to help push K1, else many will look elsewhere if the run continues next week.

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2020-08-08 18:18 | Report Abuse

Traders do not like this kind of stock, hence K1 lost one group to help push the price. Exception is when there's news then they will come back!

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2020-08-08 18:16 | Report Abuse

Chart looks bearish, run first with profit and no need look back. K1 is not the only potential counter if you love high risk chase high stocks haha

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2020-08-07 14:55 | Report Abuse

Both buy/sell bids increase drastically, make it the hottest penny today!

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2020-08-07 12:27 | Report Abuse

I've seen instances where one single bid can be refill infinitely although it got eaten up non-stop. That seems to be price suppressing when both shark and market maker not in sync.

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2020-08-07 12:25 | Report Abuse

lee_m2020 The price will go up .. it is not worth for bilis to sell for a tiny gain vs. waiting too long as long term investors. And bilis could be the majority....

Let's hope you are right that the price will move as the operator allow the price to move up 1 bid this morning.

If you notice, more than half of this morning's volume got eaten up during the 9am opening trade in just one single swoop. That could be one reason the price up move up 1 level, as the market makers did not expect this hence not able to refill the 0.015 bid fast enough.

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2020-08-07 12:07 | Report Abuse

This short bull is not enough to propel the price bid higher. Many are still stuck @ 0.015 for those who bought earlier or 0.020 for those who chase high today.

Since there is no catalyst to help push price, let's hope it is insider news or else most newbies will stay here for a long time along with the very old holders..

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2020-08-06 13:36 | Report Abuse

Also, try to search around for counters that have performed consolidation in the past months. You'll noticed that usually consolidation comes with another exercise like Rights Issue etc.

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2020-08-06 13:28 | Report Abuse

Klsefighterlim: We all know it will be a fact after bursa approves. But please try to play out the different scenarios in your mind. There is zero benefit to major shareholders if just consolidation alone. Hence there must be something else after that, even if the plan is to let the price waterfall.

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2020-08-06 13:19 | Report Abuse

Those with cost above 0.1x to 0.2x will incur very big % loss if sell now. There is almost no point to sell already, can ask Siva68 or slc1 who are long term holders here.