it seems it can break 1.70 before 11 am ?

it has broken 1.60 and is on the way to the next target 1.75

based on Kenanga's research chart analysis , Perisai is moving towards 1.70. PERISAI is on track for a rebound, having confirmed the bullish “Hammer” reversal candlestick. Furthermore, Stochastic is showing some improvement and has crossed above the signal line.
http://klse.i3investor.com/blogs/kenangaresearch/32185.jsp
So perisai is still a buy at 1.57

HwangDBS Research Highlights that Muhibbah is a Cheap proxy to Favelle Favco with exposure
to other growing segments.Muhibbah's attractive valuation with 4-6x FY13-15 PE. Maintain BUY with RM2.15 TP (SOP valuation)
http://klse.i3investor.com/servlets/ptres/16715.jsp

http://klse.i3investor.com/blogs/rhb/32180.jsp - As it has broken 1.60 the next target for muhibbah is 1.75

HwangDBS Research Highlights that Muhibbah is a cheap proxy to Favelle Favco with exposure to other growing segments. Muhibbah's attractive valuation with 4-6x FY13-15 PE. Maintain BUY with RM2.15 TP (SOP valuation)
http://klse.i3investor.com/servlets/ptres/16715.jsp

Guess Who Was Buying Amid the June Sell-Off - http://www.cnbc.com/id/100843887.
Once it breaks 0.67, we will see the real actions

thanks !

what is the reason ?

it has broken the strong 6.25/0.63 resistance and it will fly

now

hope it can cross over 0.625 before 4 pm

got it. if it can move over the 0.625 resistance, it will move to the next target 0.69

its net asset per share is 1.72 so at 1.00 it is still a bargain

it looks attractive. Buying now.

DIBS is creating property speculation and bubble. It is just a matter of time for the authority to stop it.

it is oversold with RSI less than 40 so it will probably rebounce tmw if Dow is green tmw

it probably has flushed out some weak player this morning and should be doing better later on

collecting more now to get ready for tmw

it looks like it is going to close green today. We will see the real action to go over 0.96 tmw.

We will see some real moving up action after 4pm later, if not it should be tmw then

KimLun's new TP is 3.28. Kimlun is fast emerging as an attractive, albeit cheaper, proxy to the surge in construction works in Iskandar Malaysia and the MRT projects in Malaysia nad Singapore. Another ~ 42% upside.
- http://www.theedgemalaysia.com/business-news/242474-amresearch-kimlun-set-to-benefit-from-more-iskandar-jobs.html

- http://klse.i3investor.com/blogs/amresearch/31790.jsp
- http://klse.i3investor.com/blogs/amresearch/31792.jsp

The EPS dilution via ESOS is insinificant.

According to Eugene above, Director exercised ESOS acquired 200,000 shares @RM0.67 mmmm. This is interesting, instead of making the profit (0.935 - 0.67 = 26.5 * 200, 000) straight away by disposing the shares, the Director has picked up the shares. This is an indication that he is expecting the shares to go up much higher in the near future. So I am more convinced now that the next month's result will be very good and the mother share will certainly go over 1.00 and goes towards 1.20

yes, once it breaks 0.96 and stays, it should march towards 1.00

Today is the last T +4 which has 94 million shares, so it looks like it is well absorbed today. Thus Malton has a chance to sails toward 1.00 today

if Dow in green tmw, Favco will likely move higher tmw too as it has gone over 2.64 and created new high today.

This is good it means they are confident the pantech shares will go much higher in the future because they know the pnatech future financial results would be good.

NP alkop :-)

I posted this question to myself about Pantech as I am a long term investor in Pantech.With all the M and A activities (Yinson's buy of Fred Olsen, Tanjonf Off plans acqusition etc..) happening in the uptick and booming O n G sector now, as well as famous persons buying up stakes in some O n G counters (Quek's new stake in THHeavy , Kencana Capital's stake in Yinson etc..), could the same thing happens to Pantech too ? I think this is possible in the near future. The reason is that the success of Nautic Steel has proven its management’s sharp eye in identifying small and well-established companies to value add to the group. Thus Pantech will look out for more companies like Nautic, which have the following: (i) an established clients’ network, (ii) has the approval of international oil majors, (iii) manufactures parts that are in the PFFs value chain, and (iv) able to fetch high margins.
Pantech has set its sights on achieving MYR1.0bn in revenue by 2015, the group’s FY16. A simple calculation shows that if Pantech were to achieve this, it would have to boost its topline at an annual rate of 15%-17%. Thus is M and A activity part of the plan to achieve thier MYR1.0bn in revenue by 2015 ? I guess the Pantech management has no problem to duplicate Nautic Steel’s success.
Again Pantech can also ask some famous corporate figure's to get some placement shares for it's new M n A activities too
There is a high possibility that Pantech will get rerated again with a higher PE i.e 15 after the release of coming quarter result next month. So this means, with a project EPS of 0.13 cent (this could be higher) next year, its TP price would be 1.95. Taking into the considerations of the potential M n A activities, the factors like the excellent mangement teams and its excellent yoy growth rate, I will not be worry about the short term volativity and will keep on investing on it as well as waiting for it to hit over 2.00 in the next 6 months to 1 year.
http://klse.i3investor.com/blogs/rhb/29507.jsp

i think it will stay above the Psychological level 2.50. If it can stay above 2.50 next week and goes pass 2.64, it will sail to the 2.90/2.95 level

T+4 on Jun 10 has 65 million shares compared to only 4 million shares on Jun 7

it seems T+4 is well absorbed, we may see some upswing in the next 10 minutes

we will only see the real movement near 4 pm as we need to see how well T+4 can be absorbed

I also recommend people to start accumulate the pantech WA too. Once the pantech result is announced next month, there should be no problem for the mother sahre to hit 1.20. So this means the Wa can goes from 0.50 to 0.70/0.75

Favco will sail to 2.90/2.95 in near future if it can go pass 2.64 today

Fed has said repeatedly he'll be forced to tighten monetary policy if inflation exceeds 2% and/or the unemployment rate drops below 6.5%. But current levels for inflation and unemployment are roughly 2% and 7.6%, respectively. So I think the Fed isn't going to stop the 85B monthly bond purchase now that Japan is dropping into a sinkhole.

Najib said EPF should trade more in the mid cap stocks http://www.theedgemalaysia.com/business-news/241925--najib--time-for-glcs-and-epf-to-trade-more-in-mid-cap-stocks-.html , so this should be good for mid cap stocks with good fundamantals, to name a few like, Pantech, Alam, Favco etc....

it will have strong support at 0.90 especially at 0.88 and should rebounce should it touches 0.88. So good to collect around 0.90/0.91/0.92. Its result next month should be good. Its PE around 8 at this level appears attractive compare to other O n G counters which has PE over 15. So more it is a laggard. So if you are a long term investor, prices at current level should appear attractive.

sorry for commenting in the wrong forum

Funds have overpriced in that Fed will end the tapering in the Fed’s $85 billion-a-month asset-purchasing program in Sep. What is the big deal if the amount is reduced from 85B to lets 65B. This is a gradual process. As world's inflation is easing and not escalating, so I don't think Fed will start the tapering so soon in Sep. Anyway we will know more on Jun 19 for some clues from Fed. Hope Nikkie will start rebounce between 12,000 and 12,500.

Funds have overpriced in that Fed will end the tapering in the Fed’s $85 billion-a-month asset-purchasing program in Sep. What is the big deal if the amount is reduced from 85B to lets 65B. This is a gradual process. As world's inflation is easing and not escalating, so I don't think Fed will start the tapering so soon in Sep. Anyway we will know more on Jun 19 for some clues from Fed. Hope Nikkie will start rebounce between 12,000 and 12,500.

Buy

Nikkie would appears attractive to funds after nearlly 20 % drop from the top, so it should rebounce. Even Soros was coming back to Nikkie after the recent sell off.

buy on dips as today's drop will neutralise its overbought situation

1st near team target is 2.70/2.75 followed by the next target 2.95

Hi derrickinvestor, pls read page 9, I have explained there why the WA can hit 1.29

it closed at 1.40 and the RSI appears attractive again so it should rebounce tmw

if pantech can stay above 1.00 this week, it will sail toward 1.20 with resistance at 1.10. Hope it can challenge it again tmw and stays at 1.00. I recommend people to look at the pantach WA too as its return will be better than the mother share. If mother share goes from 0.97 to 1.20 the WA will go from 0.50 to 0.70.

if it clears 0.90 it will sails towards 0.95

A direct exposure to Favco is better than Muhhibah. For long term Muhibah is a good buy.