@richkid, have you cut loss or still holding. Hope you will recover soon.

How about @Swk23 ? Smart and experienced trader also can get caught and trapped, how about us, man?

@zbaikitree, thanks for reply. Please shout if there are money to be made, not just for avoiding bloodbath.

@zbaiktree, you advised many people not to buy many counters. Many times you are right, and many people who took your advice escaped the bloodbath.

Do you also advise people what stocks can buy? It would be great if you can help many people make some money.

AGM over. Any more bad news? Anyone attended, please brief us. Thank you.

What is cooking ??? Singapore investor collecting for some time already.

Looks like it has hit bottom. From recent high of 0.705 to 0.205 (today), it has dropped 70%. Time for some technical rebound ???

Your money you decide....good luck !!!

@richkid, attend AGM and ask Management why restricted issue was at 10sen when the consolidated price was 49sen.

Restricted issue at 10sen when the consolidated price is 49sen. Something very fishy !!! Free money for the 2 investors.

@richkid, do you know where the restricted issue is so cheap?

Restricted Issue Shares at 10sen to 2 parties.
Total of 45,000,000 shares issued.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4929389

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4929405

So the price should drop back to 10sen ?

Tomorrow could drop further to 0.21 before a rebound....just my crystal ball reading.

Don't flag me. Wish me luck.

From high of 0.705 to today's low of 0.23, it has dropped 67%

Can take some risk.... Good luck !!!

Strong buying at 0.235, looks like almost bottom.

What price is worth to take risk?

There has to be a bottom. Pre-consolidation price is 0.245.

What price can buy ?

Posted by zbaikitree > Dec 2, 2015 03:02 PM | Report Abuse

now start burn hell notes, and paper house.
...................................

Can buy after funeral over ?

What price can buy?

Flood gate opening.....be careful

Some activities detected.

You should cut loss and buy back lower.

Congrats on your profit @richkid

@richkid, there is a 3rd group just watching bear & bull fighting. Good luck to the winner.

Goreng time....is here again

Swk23 promoting to buy while peter123 promoting to sell. Who to follow lah?

Within a week, price dived more than 50%, could be bottomed already...but you never know what the operator has in mind.....

I think better put my money in AMEDIA-WA. Good luck all.

@richkid, market a bit weak. December month could be quiet. Be careful with your punting. Good luck.

Posted by richkid > Nov 27, 2015 12:31 PM | Report Abuse

More buying will be coming...when the news from CIMB research spread...Hold tight your IFCA.
I already sold my XOX to join this bandwagon.
..................

@richkid, hope you sold XOX and DPS early before the downtrend. Good luck.

Contra players must be careful with IFCA. Don't be greedy.

Contra players must be careful with this stock

1.02 - very good closing. Huge BIG candlestick !!!

Itudia syiok syiok !!

Contra players careful...next R @ 1.03

0.995 resistance taken down...

Above 1 soon. Don't be left behind.

Some think can some think cannot...take some risk to find out.

Warrant expiring in Feb. Hope to get free warrants after that....haha

itudia today can close 1 dollar syiok syiok

@limayseng, negative turned positive. Can make it to 3-month FD instead of 6-month?

@k8118k, thanks for sharing the report. 118 !!!

Operators like to catch monkeys...

Lukewarm response from i3 members !!! Who are the buyers???

Engine started and still going strong. QR to be released this month have to be good.

Not many people excited on this counter.....Engine started and still going strong.

@richkid, congrats....

@richkid, congrats to your XOX profits. I missed this round. Will consider to follow your next tip.

Next week ICON no longer run by crooks.....better days are coming.

Hope to see 90 sen or higher again.

Thursday, 12 November 2015

KUALA LUMPUR: CIMB Equities Research sees a high possibility that water contracts could be revived.

It said on Thursday based on recent data points, the momentum of government and private sector-funded water projects should play catch-up with non-water contracts.

“The government’s large budget substantiates this, with RM12bn in total under 11 Malaysia Plan (over five years from 2016), based on our compilation. We believe the bulk of the budget allocation excludes pipe replacement given the focus on treatment plants, implying that eventual spending could be higher,” it said.

CIMB Research said one of the key catalysts for a comeback in water projects is Budget 2016. One-quarter of the total RM2.2bil would be to build and upgrade new water treatment plants (WTPs) nationwide.

This is slightly higher than the average allocation per annum in the past seven years, which is positive for the backlog of water capex in Klang Valley and, more importantly, in Selangor. This also means that there could be several tenders for WTP upgrades in other states. The other catalyst is Selangor's industry consolidation.

“We expect over RM2bil worth of water-type contracts to be awarded largely in 2016. This does not include potential jobs from the private sector side. Overall, this is good news for pure water infra contractors, where the average order book based on our checks is currently running at below RM1bil.

“Salcon, which is the only pure water infra contractor under our coverage, could emerge with a bigger share of wins. Its tender book (jobs in tender) stands at RM1bil to RM2bil,” it said.

CIMB Research said after the exit of Puncak Niaga from the water business in Selangor, Salcon now looks more attractive given its position among the contractors that could benefit from new tenders post the water consolidation in the state.

The critical water reserve margin of below 5% in the state implies that new alternative water supply jobs will be expedited before the implementation of Langat 2 WTP phase 2 (RM800mil to RM1bil in value). Salcon is also in the running for this job given its advantage in phase 1.

“Smaller-cap integrated water contractors offer good order book growth prospects. Within our coverage, Salcon provides the only exposure as its larger peers are focused on other segments. We maintain our Overweight call on the construction sector. Gamuda remains our top big-cap pick while Muhibbah Engineering is our preferred small/mid-cap stock,” it said.

Where there is crisis,there is opportunity......

Flying

Got buyer got seller. Got believer got non-believer.

Got money, buy some. Got no money, just watch the show.

Time to accumulate.

New MD AMIR HAMZAH BIN AZIZAN coming in on 1/3/2016. Company still making profits, new projects keep coming in....getting rid of the crooks Jamal & Rahman...all are good news for the future

@richkid, please advise on how to trade XOX ?

Licensed Ah Long ok to have gearing ma. Borrow money to make money...smart business model.