Pmetal - weekly long lower shadow (quick backtest to 50% of prior week candle) and close above prior weekly closing price - super bullish. Monday should see action... rchi's C4 will be king...

no bad... closing 2.05... that means next week still got action... it is doing a backtest from yesterday's surge... macd shows uptrend still got 1 week action...

no i say bank is later... don't know which day... not necessarily monday... just the catalyst is OPR rate increase

re: Muthu, later OPR rate increase, bank's turn also...

already lost lu bu's loyalty...

when parliament will dissolve?

re: superbull, get ready to collect c28...

fuyoh, half hour 2 million share, 2.14 already...

lai liao lai liao, going to challenge 2.14... but volume also slowly building up...

10000 lot volume push supermx share price up by 10cents

jib gor give free money...? actually nobody really scare election, pple scared after election... toll increase, petrol increase, gas increase, house price increase etc... already many agencies want to increase but delay after election.... all waiting...

i think if we want to reference, maybe look at Kossan, if Kossan breaks new high, supermx will follow break resistance...

this time if break, it will break the triangle formed since September...

yes, looking at weekly chart, this week can reach 2.15 without getting too overbought... and if it closes above 2.14 like you say, next week should continue to challenge 2.30 level...

superbull & pretty, i also loaded a little C28 for fun... :)

aiyo, they long time no politics... in selangor got water supply problem, pakatan also didn't help... how u say they are pakatan fella...

re: DatoKim, how high is the highest point this january? 2.30?

re: rchi, hope pmetal run bring the life of all metal stocks together... can see lysaght move already... others to follow...

target 1.20

re:connie, yah hope rchi can give some light on his method :)

sapu malakof mhb....

rchi... good choice... actually i saw from chart yesterday thought it might move so that's why also ask you...

Posted by rchi > Jan 3, 2018 09:25 AM | Report Abuse

sapu atta wb

ok... the reason i ask is ATTA mother share chart, seems to still have legs to go up to probably 1.20

re: rchi, you still holding ATTA-PA?

Icon sifu was one of first to sailang HengYuan... his sense and analysis is good... only a matter of time to prove themselves... he didn't say this company can goto top 3 again, he only said improved earnings and EPS... so read carefully what he is targeting... turnaround and improved earnings play... plus they booked depreciation unnecessary, so that means they still have quite some money in bank to do acquisition, upgrade plants etc....

re:superbull, the uptrend usually lasts 10 days before macd peak and turns over... we are only in day 3... so there's plenty of time... but the last time it was the sixth day to have an action, so my guess is we should see something next week... by the way, the yearly candle shows hammer... 2015 is bullish engulfing and controlling bar for 2016&17. 2016 and 2017 are also inside bar... i would expect 2018 to be good/rebound followed by 2019 all time high....

Re: yes its a kossan level. Kossan 40+mil net profit include rubber also... But supermx booked higher depreciation... So profit already in kossan level. Will match kossan market cap soon

maybe t+3 again?

market cap also only 1.4b... so much less than harta and topglov and kossan..

http://edition.cnn.com/2017/12/20/politics/house-senate-trump-tax-bill/index.html
this will help US companies or companies with US subsidiaries... like supermx... 21% corporate tax rate

Topglov = 2 days candle, each day is 7%+
Harta = 2 days candle, each day is 6%+
supermax = so far 1 day candle 7%+, tomorrow likely another 6 to 7%... so avg target price 2.20...

yes agree, today topglove 2 big green candles, likelihood supermx to follow.... tomorrow supermax 2nd green candle... so see if it can challenge the resistances...

maybe to be continue tomorrow...

if EG can up profit to 18mil per quarter like VS last time, then easily can EPS 8cents per quarter, even conservatively if we talk about earnings of 9mil (estimated), we should be at 4 cents per quarter, 16cents per year... so PE 7 = 1.12... and if upgrade to PE 15 = 2.20... so if EG can expand their earnings 2X to 18mil, that will be 32cents annualised, PE 20 after rerating, should set it back RM6 possibility...

12cents?

kai, when 2.14, C27 how much?

Harta market cap -> 18b
Topglov market cap -> 10b
supermx market cap -> pathetic 1b+, so big difference now...

word upgrade, more IB FORCED to buy... :)

re:MORE IB WILL BUY

which one better? 27 28 29 at this point?

Trader Man, raider already in HY long ago making money...

re: superbull, c27, c28 or c29, can still top up further? C27 5.5sen, seems good entry...

yes true, i also receive...

raider, thank you... do you have a list of raider portfolio or kind of stock like this? Would like to do more research... i noticed your style is earnings growth, free cashflow type like hengyuan and trapped value like bjc and maybe insas...? thanks anyway...

raider, really love all your postings... some very basic common sense too and really needed to refocus if one has strayed away.... back to drb, the spring though compressed, only rebounded from 0.85 to 1.70+, 100%, still not very strong.. for bjc, still think this spring rebound is 0.60 for first cut first to build base... but sometimes, the time taken is quite long, sometimes it's the opportunity time lost on other better stock which has broken some significant resistance... like HY etc... what's your opinion on bjc spring release target? hope to hear from you....

how u know he is boy boy?

this time uptrend is 2.17 to 2.2...

think end of year more like 18, does not look like 15 anymore...

don't play play, thor's only use hammer, not yet use thunder...

Thor said today, i use small hammer today enough, no need to use thunder...

we all already choose our best seats... and ready our popcorn and cola, can start anytime...

HENGYUAN @RM21 CONFIRM COMING let the tiger show start
20/12/2017 09:29