K1 looks to be similar to BCMALL pattern, but can see more potential in BCMALL (few catalysts).

K1 has only one catalyst which is the NASA ventilator news, even so it's not a fully healthcare counter. Its technology area is more on IT services, hence also not fully a TECH counter where most other tech counters are currently riding on the NASDAQ uptrend.

Am monitoring this together with BCMALL.

Don't run first, wait consolidation news to complete if already invested. Outsiders should not touch for now based on this counter's pattern. Stay tune for more announcements!

Regardless who is right or wrong here, this counter has become a feeding place for ego loosh hahaha... rather put money in other penny stock with more potential while the bull run still last!

This Lo Ling has been buying since June 2020 up to 22 million shares now, but directors keep selling. One side sell, another one comes in... hopefully the biggest of them all will come in soon, the bumiputera investor..

This Lo Ling seems to be a suspicious character, is not a good sign for BCMALL..

BURSA MALAYSIA SECURITIES REPRIMANDS, FINES AND SUSPENDS LO LING FOR MISCONDUCTS AND VIOLATION OF RULES
06 May 2019

Probability analysis = TA/MA/SA + FA + HA (hope analysis like news/rumors) + timing

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

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!

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!

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!

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!

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.

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.

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.

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.

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!

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..

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.

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?

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.

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.

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?

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

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...

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.

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!

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!

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

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.

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

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.

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.

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

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!

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.

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!

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.

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.

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...

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.

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

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.

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

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.

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.

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.

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.

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!

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

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