It is not happening....Plan aborted...

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kakashii Grace. There is a proposal to list Bank Islam instead of Bimb. If such proposal materialize, it will bring benefit to all stakeholders. It is timely considering all banks listed in Malaysia already done so.
17/02/2016 12:23

Up Trend Price Cycle

Minor Up Trend .............3.5022 Stop Loss 3.4579
Up Trend Conformation...... 3.5245 Stop Loss 3.48
Up Trend Target-1........... 3.547 Stop Loss 3.5022
Up Trend Target-2.............. 3.5696 Stop Loss 3.5245
Up Trend Target-3...............3.5924 Stop Loss 3.547

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Down Trend Price Cycle

Minor Down Trend............ 3.4579 stop Loss 3.5022
Down Trend Conformation.... 3.436 Stop Loss 3.48
Down Trend Target-1....... 3.4142 Stop Loss 3.4579
Down Trend Target-2...... 3.3926 Stop Loss 3.436
Down Trend Target-3...... 3.3711 Stop Loss 3.4142
Down Trend Target-4...... 3.3497 Stop Loss 3.3926

Resistance Level (R3) = 0.5867
Resistance Level (R2) = 0.5833
Resistance Level (R1) = 0.5817

Pivot Point = 0.5783

Support Level (S1) = 0.5767
Support Level (S2) = 0.5733
Support Level (S3) = 0.5717

BUY CALL...Target Price above 1.0233 suggest trend is up...

Target Price above 1.8837 suggest trend is up.......BUY CALL...

Tuan Syed...I am very confident...thanks...

Price above 0.4939 suggest trend is up.......most probably...take this golden opportunity....its now or never......

uptrending if sign breaks 1.74.....most probably....

BUY CALL....


Resistance Level (R3) = 1.3000
Resistance Level (R2) = 1.2900
Resistance Level (R1) = 1.2800

Pivot Point = 1.2700

Support Level (S1) =1.2600
Support Level (S2) = 1.2500
Support Level (S3) = 1.2400

Technical Tuesdays
#Waseong ( 0.805 )

EPF VS WASEONG

As of late, EPF has been disposing lots of their shares. However, WASEONG has been buying back its shares around the 0.80 range. Therefore, there should be some support. Although it is an O&G counter, the Risk : Reward ratio is decent. Cut Loss if it breaks its low of 0.79.

TP 0.905 / 1.00
IF you are trading O&G counters, be sure to constantly monitor live oil prices.

Trade at your own risk
GreenTrade$ WILL NOT be held responsible for any losses or decisions made
Rebecca Lye and Jackson Lam like this.

or....can wait for break out.....

some one is trying to fish at lowest price...joint the crowd........

very good...en route...2.80-3.00.....interesting...BJ auto....outperform stock.....

simple....if it breaks 1.69...sign will move higher.....if it breaks 1.57...sign will go lower and can fish for lowest price.....No worries....can hold........As of today, Signature International Bhd's intrinsic value calculated from the Discounted Earnings model is RM2.78

BJ Auto...up trending....

accusing TH will be a bankrupt is too much lah......assess BIMB as an entity by itself....TH is a major shareholder in BIMB.....

As of today, Bimb Holdings Bhd's intrinsic value calculated from the Discounted Earnings model is RM3.75.

Use your own judgement lah...my verdict is still cautious play.....

.....U........soon

yup...Poh huat chart looks bearish......As of today, Poh Huat Resources Holdings Bhd's intrinsic value calculated from the Discounted Earnings model is RM1.39.

is this counter going south? any poh huat specialist?

Resistance Level (R3) = 0.2200
Resistance Level (R2) = 0.2150
Resistance Level (R1) = 0.2100

Pivot Point = 0.2050

Support Level (S1) = 0.2000
Support Level (S2) = 0.1950
Support Level (S3) = 0.1900

let's see what happen within this 1-2 weeks.........south or north.....

lot's of room to move up....depending on market forces...The excitement should begin after breaking 0.90-0.95...Good Luck

As of today, Wah Seong Corp Bhd's share price is RM0.805. Wah Seong Corp Bhd's Tangible Book Value per Share of Sep. 2015 for the quarter that ended in Sep. 2015 was RM1.31.

As of today, the stock price of Wah Seong Corp Bhd is RM0.805. Wah Seong Corp Bhd's graham number for the quarter that ended in Sep. 2015 was RM1.57

As of today, Wah Seong Corp Bhd's share price is RM0.805. Wah Seong Corp Bhd's median P/S value is RM1.90.

tehcnically positive all the way....set to move towards 2.80-3.00...depending on market forces and if there is a breakthru in all ressistance level.....

Asiaply already hit the base price......Buy call....difficult to chase if it spikes above 0.25....I agree with Tuan Syed..0.50 and above is achievable...depending on market forces...

buy call......if you are confident ...can buy...

Technically...Signature is showing some positive indicators.....

depending on market forces...average target for KSL is 1.72-1.94...Good Luck

It is a good price to enter.......if you are confident....

healme...no problem....my plessure..

.Analyst consensus..BUY CALL.....Price....3.60.....4.09.....4.59...could be mid term to long term

a matter of time....I guess....

yup...the party will begin after 0.28-0.32....

as at now....very stable

let's see what happen if it breaks 1.82....

Two things to consider.....technically speaking...

if it breaks support 3.11...might go below 3.00..

if break ressistance 3.30-3.35....maybe can go higher....

depending on market forces....Good Luck...

the best deal is yet to come....

traders must know the support level and ressitance level......as at for now....support has turn to ressistance...please look at the chart......let's see what happen within two weeks.....over all market not so promising.....my verdict...still cautious.....

Resistance Level (R3) = 3.3500
Resistance Level (R2) = 3.3000
Resistance Level (R1) = 3.2700

Pivot Point = 3.2200

Support Level (S1) = 3.1900
Support Level (S2) = 3.1400
Support Level (S3) = 3.1100

Valuation
We made no changes to our TP of RM2.63 given the immaterial earnings contribution to FY17E. Our TP is based on an unchanged targeted PER of 12.4x, which is also at +0.5x above its 2-year average forward PER.

Source: Kenanga Research - 2 Feb 2016

http://klse.i3investor.com/servlets/ptres/34267.jsp
02/02/2016 22:42

free falling?....God knows...

God knows what will happen if it breaks 2.85....Could it be Institutional investors turn shortist?.....

interesting to watch how institution become shortist...

enteing danger zone...


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travoltakeong The danger is if it breaks the 3.3167 support.....Good Luck....
02/02/2016 09:16

both way institution will make money....they hold millions of stocks......they can be shortist too....

The danger is if it breaks the 3.3167 support.....Good Luck....

TH issue is to get excellent yield in all its portfolio to pay good dividend to its depositors....BIG CHALLENGE.....

My view is BIMB will trade between 3.42....to 3.72.....Intrisict value for BIMB is 3.75...Anything above 3.75 is a Bonus.......it all depends if TH has the ability to support this counter....This is NOT a buy or sell call...Trade at your own risk...

As of today, Berjaya Food Bhd's intrinsic value calculated from the Discounted Earnings model is RM0.62.

yup....good to exchange notes....I will stick to my findings...intrisict value is 3.75...Good Luck to all...Happy investing...