re: chanky50, i have the same thinking... wave 5 could be 1.38*wave3, 1.5*wave3 and 1.618*wave3. Since wave 3 = 0.71, then we are looking at 1.6 to 1.8 region for 1.38 to 1.618 ratio...

sorry after 1.10/1.20 is 1.60 to 1.80 and 2.40... :) write too fast :)

re: Venfx, if sector re-rating, hoh sei liao... the next resistance after 1.10/1.20 is 1.60 to 1.80 and 1.80... :)

re: Chanky sifu, what is your target for major wave 5 for EG? lets say wave 2-3 = 0.6, then we are looking at wave 4-5 = 1.10/1.20 region? thx

ok noted

the polished instrument = preference share?

re:VenFx, like your comment especially on the company development... and think you hold yourself right by not revealing your trade, it's after all a personal matter... but still appreciates your input/advise with regards to price point like 0.765 can still invest or not, even to me it's still low risk... from chart, the next resistance is 0.89 and then 1.10. I'm still holding some amount of -wc, not too sure if I would be holding until its maturity... but definitely will hold for mother share... thx

re:venfx, tq for your wise comment...

re: labu83, what is your target on C35? thx

PBT 36m, so if without that high tax, it should be PAT 30m.... that's quite an improvement... so should start FY18 with a good record... anyway, this is q4, everything lumped into FY17...

fuyoh, bone gor also look up to supermax... never thought this will happen... bone gor really saviour to almost dead counter... have to agree, it's about time...

lol, global business very competitive...

"Where are the homegrown Malaysian companies with increasing (international) revenues, juicy margins, high ROE, making unique products protected by IP (intellectual Property)?"

last session close high at 7.15... just above the triangle... either a t+3 today or need another day t+4....

suggest you open a blog and have the crash crisis discussion there rather than comment on each individual counters.... there you will find more better pple for expert view...

Posted by goldentriangle > Jul 4, 2017 03:26 PM | Report Abuse
Asian crisis is coming, All the asian
markets was collapsed.. As at 3.25pm,
Nikkei 20,032.35 (-23.45)
Hang Seng 25,393.68 (-390.49)
Shanghai 3,179.33 (-16.58)
Taiwan 10,347.78 (-65.01)
Korea 2,380.52 (-13.96)
Singapore 3,208.83 (-14.63)
KLSE 1,763.66 (-5.01)

or could be t+7 until next wednesday to move together with Lotte? Although current price now PE is 16, forward PE is only 12...

http://www.theedgemarkets.com/article/lotte-chemical-titan-prices-shares-rm650-each

when is the listing date?

could be doing a t+ something days... t+2, t+3... etc... after the 7.30.... now is inside bar... volume is low...

this one more optimistic -> MQ Research reiterates their Outperform recommendation on TNB with a target price of RM19.00.

and I think whoever that is has collected enough C10 for the play up... think average 8 to 9cents... for almost 1 month...

finally breaks out of triangle and moving upwards... closing 7.30 :) ... tomorrow call warrant will jump up to follow...

malaysian business launched... you can buy online now... http://aveovision.com.my

On chart it wants to breakout from the resistance.. This announcement will help it...

So tomorrow can gap up after suspend lift?

hammer candle for oil and gas exploration etf... should spot a reversal soon...
http://stockcharts.com/h-sc/ui?s=xop

and I suggest if you want to buy energy stock at a cheap, then good time to collect something like petronm... it's getting more attractive...

re:goldentriangle, you see this news by CNBC... http://www.cnbc.com/2017/06/20/oil-prices-are-tumbling-more-than-2-percent-toward-43-a-barrel-right-now.html this is the contrarian news, when CNBC announced bear market, means oil is near bottom for reversal... from chart, 43 is strong support, it will reverse...

just received IPO notification, lotte ipo 11 Jul tentative... 740mil shares. Such big company with quite low share number, think its attractive...

but still doesnt make sense to go down, coz, profit is on the rise. even next quarter is EPS 12cents, it's still almost 100% from last year... annualised, can still beat last year...

i think you better get ready, either get ready to jump out of the stock or just stay put... looking at the triangle, it can still go on for a few more days before breaking out of triangle, 3 to 4 days... that time will decide the direction...

RM30million can already produce 1b condom... that's quite a low barrier to entry... meaning RM300mil can already produce 10b condom, can conquer a lot of market share already.. but still need to work on market penetration...

I think the last I read is 6b capacity. Wow, topglove now invest want to get 1b capacity, 17% of Karex using RM30million.

what is Karex's total production capacity currently? How many production lines do they have?

it is going to break triangle soon... need only volume...

with today closing at 7.20... macd finally crossed upward... bullish :)

1 more month to listing...

fuyoh, good closing 7.21...

looks like going to form a hammer today... triangle continues....

they are promoting Lotte Chemical and stated paying out > 3% dividend... and value it at PE 12... and PCHEM is PE 16... guess they will make sure PCHEM is PE 16 always to maintain attractiveness of lotte chemical IPO .... http://www.thestar.com.my/business/business-news/2017/06/15/lotte-to-pay-out-50-of-profit-as-dividends/

you mean C10 everyday volume so high is bcoz they are collecting them?

everyday the volume on C10 is very high... created by market maker?

don't know... maybe it's a direct transaction between buyer and investment bank? Have to ask someone who knows this thing...

just got this info from my broker screen - direct business transaction info PCHEM-C10... 100000 C10 0.135 transacted...

pchem wanted to breakout from the triangle today at 7.27, but faced some pulldown... hopefully with bigger volume can push up and sustain...

bro tkp2, tot you already on vacation from the profit you made earlier this year... good to know you still in the game :)

yes, macd also going to cross positive...

long time didn't hear from bro tkp2... maybe on vacation?

re: Save, actually 14.50 is all time high closing, so after that, it's just a intraday high like 14.6 and 16... not much resistance. Already here, why not go further, why need stop at 14.5? If overall KLCI is going up due to PE, then this tenaga still can go further. You have power transmission line monopoly + power generation + the world is moving into electric cars etc... so does the demand for electricity...

re: Save, i certainly want to know why they are in rush to challenge 1800, is it election coming? Or ringgit strengthening or etc....? anyway, i will just hold on to it... it will want to challenge 14.6 first.

If tenaga goes to rm16 c35 will worth 0.4