connie, you are romantic...... I like.....,, that is right.... we shall enjoy what we are doing.....

connie dear,

Salcon, after breaching 0.8700, next resistance is 0.920000(23.6% Fibo Retr, H= 1.000, L=0.63) ,... PA is bullish right now ......

happy trading....HIHI

connie ,

haha, i will be in the AGM,.... may be asking them to engage me to be their M&A adviser ,.... hahah, just joking..

happy trading, bye,,,,,, chat later sayang

connie,
pls wait for the upcoming AGM of MAA before investing, I will let you know the outcome........, as it is an interesting CTR,,,,,

connie, lunch time, will chat with you later..... bye

connie dear,

you are pulling my legs lor......

Yeap, my 3 ladies are getting 5 figures monthly salaries each with bonuses.... haha, but it is not enough for your shopping trips ....

I do advise them how to invest, but no trading allowed as it will affect their work duties...

happy trading

connie ,

but then, dear, there are tons of data/ info from all over the world for our digestion before we can trade well........pls don't copy my footsteps lor....

I am lucky to hv assistants in my office to assimilate, compile, and build the intelligent database in my co-Server, incorporating many data on major countries from GDP, interest rate, import/export data, deficit /balance , employment, growth forecast,inflation. timely economic news (marco/micro),,, world stockpile, production , consumption for commodities....etc etc..................

The above is a crazy /daunting work indeed......

happy trading

connie ,

pandai..... haha, i am glad to know that...........

We use EW quite successfully on Global futures, forex, commodities , oil, gold............... haha..........

happy trading

connie, this is my views on EW

EW is a good tool to describe the past, present and forecasting the future trend on any trades, comprising the Mass Behavior, Mass sentiments, environmental influences...... However, with a poor turn over in Bursa ctr such as Barakah, Salcon.........., I just wonder its effectiveness and application over here...

A conventional method comprising std FA, and TA with trendline,channel , support/resistance, Fibo,with some indicators are sufficient here..... But but the above is only my personal views.......

happy trading

connie dear,

yeap, i do know that you are pandai lor....... hahah..... i hv no other intention..... ....

hope you huat huat everyday,..As now day trading is the best policy.. .....

happy trading

connie ,

be cautious on any new investments............ be aware on the Global bearish market sentiments....

connie ,

you are spot on........., hahaha........

connie,

Basing on chart, Salcon correction seems to be over... barring any unfavorable /negative news near terms, Salcon shall be bullish heading toward RM1.000, (Salcon does not seem to hv a complex wave pattern right now)

Hope it helps,..... connie....

happy trading

connie ,

OK, I am looking at Salcon

connie,

market may head for correction following the Global trend...... so be conservative now on ANY new investments.....

sephiroth ,

very pandai lor...........

connie ,

i was in Bangkok yesterday....... not looking for Thai angels but for some business opportunity lor..........

sephiroth ,

wow,,,, congra....

connie ,

no lah, i am using a old BMW-5 lah, nearly 5 years old acquired from a dato,..... wow, now I know that you love BMW too....... welcome you to our BMW member club maaah......

sephiroth ,
hv you serviced your Notes counting machine recently ?? i am afraid it will be overloaded lor.....

we must always be happy maaah ... life is too short to be sad and moody lor......

wow, Duit is in bad mood kah??........ Aiyooooooo, say good bye early in the morning ????

connie, good morning to you and to ALL here lor.......

sudah Huat huat lah ??? hahahhh

Adik Duit,

hi, I am busy on my trading platform on EU and US futures ..... looking good as I hv been Shorting them since last week......... as Global downtrend is a better trading opportunity....... , Oil is weakening as Dollars gained strength, Gold and other commodity may head to further weakness...... ....,
Thanks for your tips on Glotec,....... I will look at it tomorrow..... how are you ?? I may leave for New York for a short business trips cum leisure this Sunday, will miss you and connie ....... ......

Wishing you happy, and do enjoy your life to its fullest,..... and don't worry, as charity work is my life's mission...........

Bye bye, happy trading, adik......

Adik Duit,

As you do know that Global stock markets may head for major correction, so I hv BEEN UNLOADING some of my "blue counters" to preserve my profits recently,... so that I can divert them to commodity trading such as Gold/Silver near term.......... or just buy into Bond..........

You may consider to do so too...............

Happy trading ........ bye

Adik Duit,

hi, I am busy on my trading platform on EU and US futures ..... looking good as I hv been Shorting them since last week......... as Global downtrend is a better trading opportunity....... , Oil is weakening as Dollars gained strength, Gold and other commodity may head to further weakness...... ....,
Thanks for your tips on Glotec,....... I will look at it tomorrow..... how are you ?? I may leave for New York for a short business trips cum leisure this Sunday, will miss you and connie ....... ......

Wishing you happy, and do enjoy your life to its fullest,..... and don't worry, as charity work is my life's mission...........

Bye bye, happy trading, adik......

investor2013

RM0.08 DIV EX maaah.... so opening fair value is RM 0.09 down today lor.....

connie dear,

Barakah will be testing her support near 1.3000 (61.8% Fibo Retr) soon, hope it has triggered your stop loss long ago...... Her last Down leg may end near there too....... below 1.3000 can be very scary.....

happy trading

connie dear,

Barakah may complete her last Down leg near 1.30000........ ,

I am also more concerned on her NTA and Fair value.......,

Best regards,,,,,,, Happy trading

duitkwspkita .

Good Write up on N2N....... Congra.................

N2N is one of my Blue counters since last year.....

N2N is a supplier of Bursa trading platform for many Bankers/ Brokers and Securities firms in Malaysia. she enjoys her fees/ income for both trading platform maintenance and services.......

Happy trading .

As what I hv posted , Both US/EU stock/Futures hv commenced their decline.....

Both Gold and Oil are drifting down too........

In fact I am also disposing some of my Bursa "Blue Counters" slowly since last week,...... so that I have more Cash on hands . Meanwhile, am looking for More opportunities to invest/ Short on other weakening Global Markets.............

Happy trading

connie dear,

ok , ok,,,

connie,

I hv to sign off now ... going to see my dad ....

will chat with you later,

Wishing you all the best and be happy always.... bye......

connie dear,

ok, ok, i get it ...... thanks,

my dad and I are both fine, thanks, dear.....,

I promise to show my presence in your thread till the day you chase me out lah..... i promise...

Christine Goh,

hi, how are you?

connie ,

wow, you do read me well.....

connie ,,,

ooooh, i don't know Adik duit's whereabout...... , sometimes i do think that she is always around as a silent reader.... hahah

connie dear,

you are too busy reading waves lor..... may be going for a PHD in EW from University of New York city........ NOT JOKING LAH.... HIHI,

YOU STILL PREFER ME TO DISTURB YOU ALWAYS KAH ???? dear ??

connie dear,

you are pulling my legs lor........ hihiii.

I want to drink with you lah....... hahahah

connie dear,

I am in your thread without disturbing you ..., as Your house has enough readers and participants..... a busy and productive forum indeed......
I am now back to KL....

Congra on your good work done in this thread.... I am always yours....

Happy trading and wishing All here happy and huat huat always.....

Bye...

Adik Duit,

before signing off, I would like to tell you that you hv a excellent write up on BoilerMech...... Pls do continue your good work and do post regularly........

Wishing you all the Best, be happy and enjoy your life always,

Happy trading...... bye bye........

Yours

Yong

adik Duit, ok, hihiii,....... no problem lor,........

Let me put up this case here...

If my family members possessed more than 85% of the shares issued in a listed company, (may be close to 90% now), I will prefer to privatize it immediately. It really does not make sense to go Public anymore.....

Quote""
Abang yong, you go too fast sorry that I must pull you back (hahahahah, pls dont shoot me).
TWO MAIN AGENDA OF LISTING:
1) TO RAISE FUND (to expand the business)
2) To RAISE CORPORATE PROFILE LOCALLY AND INTERNATIONALLY
""""Unquote

My views above may not suit your taste , adik.. As I am not Mr, Chia who has different agenda for listing a company.

I will reserve all my other comments on the above to minimize any misunderstandings ......... bye bye......

Happy trading....

US Dollar is now UNDISPUTED King of Forex..........

Last night, RISING SURGE in the strength of Dollar was downright scary. The USD was easily the best performer on the day while the pound languished on referendum fears. The BOJ minutes and some second tier releases are due next.
the fundamentals are so divergent between the US and its major rivals that unless the economic story changes, any USD selling will be temporary.” Today we learned just how much the market is falling in love with dollars.

Asset managers and hedgers who sat on the sidelines during last week's ECB drama and non-farm payrolls jumped into the fray. What started as started as selling in cable turned into selling everything against the dollar.

The late-day move started in USD/JPY as it broke last Thursday's high of 105.71 and then quickly broke through 106.00. Dollar buying then spread to commodity currencies and eventually to EUR/USD as it fell 50 pips to 1.2880 in an hour. The EUR/USD daily RSI eventually fell to the lowest since the depths of the 2008 crisis. In the end, nothing was spared the wrath of King Dollar.

Overall economic news was light but US consumer credit surged to $26B, easily beating the $17B expected in a sign of better willingness to borrow and lend.

Up next on the schedule are the BOJ minutes from the Aug 8 decision and the tertiary industry index, which is expected to rise 0.2%. At 0130 GMT, Australian housing finance data is due but it's unlikely to move the market.

Happy Trading

Todate my picks for DAY TRADING :-

Frontkn
Mahsing
DGB
Glutec
AWC
GLANFLO
DIGISTA
INSAS
TENAGA

Happy trading................

Can we start buying Gold and Silver Now ???????

The way that gold moves inversely to the strength of the USD seems to be putting undue pressure on the metal, as we feel like regardless of the dollar's strength, it's a losing battle the paper currency is fighting in the long run

We also watched pricing of the commodity deflate after the minutes from the Federal Reserve's latest meeting showed that they were potentially thinking about raising rates sooner. Again, we believe just the opposite should have occurred, and gold should have walked up on these sentiments as equities are likely to be negatively affected from a rate hike.

In addition, we also like silver here. Like aluminum, silver has significant avenues for usage outside of simply being a commodity that people hold. Silver is also being pressured downward towards its lows of the year.

With the geopolitical tensions overseas, we still think gold is a prim and proper hedge for investors. Traditionally, on a global scale, gold has had the most success in holding its value during times of turmoil throughout the world.


The strength of the dollar continues to rise.
We believe the strength in the dollar is to be based on reasonable good fundamentals,and one of them is also due to ECB's asset purchasing plan.

We find the irony of the situation quite funny, actually. Due to the ECB's stimulus, people should be reminded that gold is a great hedge against central banks creating too much paper money. Instead, just the opposite is happening in the U.S., people are moving away from gold. We believe this to be a shortsighted view and continue to believe that gold is an opportunity on the ECB created "fake dollar strength."

There is also the extremely important argument of whether or not banks are moving away from the USD as a reserve currency and buying gold instead .

With gold at its support near $1,275, we are considering a position in the commodity as a hedge for the next couple of years. But then Gold may head into the 1100 region in next 1-2 months. So I will start buying God SLOWLY from now on…….. I will Long Gold / Silver aggressively when Gold is in the 1100 -1000 channel.

Aiyooooooooooooo, adik Duit, If I hv known that u were lonely last night, I would invite you to join me in Batam lor......

I am just back to my room ,,,,.. my drink was probably "spiked"..... resulting in my being a disco dancing star the whole night through....... what a night..!!! moonlight?? I hv not seen her last night....

Very tired right now,,,,........ have a nice day and wishing you happy and enjoy your life always.....

Bye bye....

Is the major correction in US stock market getting NEARER ?????

The QE #3 is expected to end in October this year. What will be the immediate impact on Stock markets ????

Again the stock markets are forever cyclical, cyclical bulls are always followed by cyclical bears. The average size and duration of a cyclical bull within a sideways-grinding secular bear like we've seen in the stock markets since 2000 is a doubling in 35 months. Today's bull has nearly tripled, up 196.1%, in 66 months! It is far too big and far too old, meaning a selloff's highest-probability outcome is the next cyclical bear.

Cyclical bears tend to cut stock prices in half over a couple years or so, they are dangerous beasts not to be trifled with. And once QE3 is done, there is no more Fed backstop in place to motivate traders to instantly buy every minor dip. the Fed has no room to cut interest rates to arrest a stock-market swoon. And again QE4 is very unlikely in this political environment.

Rising stock markets make Americans feel better about everything, so we are more likely to vote for incumbents for more of the same. But we feel worse when stock markets are weaker, making us more prone to kick out the bums in hopes for change.


The major corrections when QE1 and QE2 ended actually began a little earlier in anticipation, and it is reasonable to expect stock traders to start selling ahead of QE3's rapidly-approaching end too. And since the Fed won't risk the political wrath of the Republicans who will likely soon control the full Congress again, it isn't going to launch a QE4 soon. So any stock selloff won't have any hope of a Fed rescue!

Thus the end of QE3 is exceedingly ominous for these lofty stock markets. A major SPX selloff, whether it is merely a 20% correction or a new cyclical bear, will drive devastating losses in everything from the high-flying momentum stocks to the conservative SPX-tracking ETFs like SPY . And it has been so long since we've seen any material selloffs that the resulting hit to complacent and euphoric sentiment will be massive.

How can you protect yourself in this coming swoon? Buy gold. The entire precious-metals sector was abandoned and left for dead during the Fed's QE3-driven SPX levitation. But alternative investments will return to vogue in a big way once normal stock-market behavior including selloffs resumes. The gains coming in the beaten-down precious-metals sector will be vast as flight capital floods in looking for safe havens.

The big risk of serious inflation igniting thanks to QE's huge monetizations remains too, which will act like rocket fuel for gold. Even when QE3's new buying ends soon, the Fed will still have $3.5t of bonds stuck on its balance sheet! That means $3.5t of new money injected into the economy that could start bidding on goods and services and driving up prices any time until the Fed can unwind its QE bonds bought.

The bottom line is the Fed's third quantitative-easing campaign is due to end in late October. QE3 has massively boosted the stock markets, driving their extraordinary levitation of the past year-and-a-half or so along with the Fed's jawboning. Once QE3 ends, so does the Fed's implied backstop of stocks. Any selloff can't be met with rate cuts , and a new QE4 is extremely risky politically for the Fed.

So the overdue stock-market selling pressure is likely to cascade with the Fed no longer available to arrest it. Major stock-market corrections emerged as both QE1 and QE2 ended, and the stock markets are far more extreme today as QE3 winds down. And once again this end-of-QE selling is likely to start in anticipation of the actual event, an ominous omen for stocks that mirrored QE3's Fed balance-sheet growth.

Watch out the declining path for the major US stock market correction NEAR TERMS........

Happy trading

HAPPY Moon cake Festival to ALL in i3-forum........

....cheers and be happy always....

Wishing you all the best...... bye bye

connie dear ,
adik Duit,

I hv a few friends who will join me here for a moon cake party(11 of them all)..... has booked a private room in a disco joint tonight ..... strictly no Drugs, no other illegal stuffs, but but lots of moon cakes, food, Hard drinks ready to get drunk with the moon's goddess lor tonight , hihiiii.....hahah,

Before I forget, these are my favorite songs for sharing with you tonight.......

http://www.youtube.com/watch?v=xknW3A5LhZ0 TALKING TO THE MOON

http://www.youtube.com/watch?v=qLwCZg_1u44 MOONLIGHT CRUSH

http://www.youtube.com/watch?v=O7ST575w4Pg MOONLIGHT DREAM

http://www.youtube.com/watch?v=YOuKL8W2Cuo NO LYRICS = Moonlight dream

Wishing you all the best , and a happy Moon Cake Festival lah....

bye bye....

Posted by yong888 > Sep 6, 2014 12:12 PM | Report Abuse X

I would add the following comments on BolierMech.

A) Low shares circulation in market
1) In view of her Low Share circulation in the market, (less than 15% with around 45 millions free float), one way to improve the situation is to either issuing Private placements of 10-20% of her total share base to valued investors such as EPF, FELDA, TNB, or Mechmar.
2) Initiate the Bonus issues to increase the total volume of free float.
3) The Chia(Cheah) family to dispose some of their shares to the public

B) To reduce her high debt to an acceptable gearing ratio.
1) Capital reduction (RM1.00 TO 0.5000)
2) May look into disposing their non performing assets (pls refer to their annual reports)
3) Merger & M&A ( for example, looking into the possibility of buying up Mechmar which is her direct competitor.)

FN: Mr, Chia Siong Kung is my MBA classmate in UM many years ago, and he is my good friend too. It is possible that he is very busy with QL, INTI, and other oil palm businesses in Indonesia. So if he can personally looking into Boilermech which shall be another Rising star in the making in Bursa....

Happy trading