Posted by spinninglotus > 2012-03-16 08:19 | Report Abuse

Im trying to educate my brothers here about share trading...On 9March 2012,an article in a Chinese newspaper said China Yunnan Mining company is buying HWGB mining business.Again HWGB clarified that it was not true!

Posted by cmlooi > 2012-03-16 08:43 | Report Abuse

That's why its called a 'rumor'. Sometimes its true, sometimes not. So follow the chart.

Posted by spinninglotus > 2012-03-16 14:11 | Report Abuse

If traders are still interested in NIcorp,as you see today support lies at 60cents.If NIcorp are involved in the bid for Shell LPG assets with Asprlire Wan Zulkifli,then it could still go back up to 73cents...60cents support line is crucial--dividing line between bull and bear.

Posted by spinninglotus > 2012-03-16 16:00 | Report Abuse

Broken 60cents,next level 55cents and 50cents

Posted by Michael Chee > 2012-03-16 17:11 | Report Abuse

penny stocks is a big con game if u want to play u must learn to run faster than usian bolt.

Posted by azta12 > 2012-03-16 17:53 | Report Abuse

many of the traders out there had already anticipated it will broke the 60 sen lvl today, support level at 58 sen lvl, is still not convincing enough.

Posted by spinninglotus > 2012-03-16 18:38 | Report Abuse

The Chinese Newspaper that spread the rumours in NIcorp and HWGB is Nan Yang Siang Pao! So be careful all brothers.

Posted by spinninglotus > 2012-03-16 18:41 | Report Abuse

We must know the fundamentals of the company before speculating shares and predicting share price. So do not put our hard earned money into the share counters just because you see its share price flying it does not mean anything more than attracting us to give our money to those manipulating the shares.

Posted by 8p0022 > 2012-03-19 20:07 | Report Abuse

Nicorp no. of shares = 700,000,000
Sagajuta asset = RM343,000,000
Sagajuta 2011 profit = RM11,000,000 only
Net asset/share = 343/700 = RM0.49 only
EPS = 11/700 = 1.57 cents only)
.49 + .0157= .5057

Posted by 8p0022 > 2012-03-19 20:14 | Report Abuse

0.505 is a good deal considering potential lucrative deals & ventures...

Posted by chong > 2012-03-20 03:15 | Report Abuse

After all the negative feedback from friendly members here asking you all to stay absolutely clear from Nicorp, still there are so many kakis who persist on with the grandiose hope & dream to see it shoot sky high. Come on, as I said so many times before, FACE REALITY MY FRIENDS. Have it ever lingers in your mind that you all are being make sacrificial lambs for certain people to fatten their bank accounts? When will you all learn.....perhaps after your bank account had been totally cleansed?...hee, hee, hee

Posted by perfect60 > 2012-03-20 03:17 | Report Abuse

so chong if that's the case wat's your recommendation - other counters?

Posted by chong > 2012-03-20 05:20 | Report Abuse

Brother perfect60, I had recommended a few counters before & they are all making money for quite a number of members here...counters like Coastal & son, Tenaga & son, BIMB, KHSB, EPMB & soon to make money too ECM. Please put your money in some worthwhile counters preferable undervalue & money or profit making companies & see your money grows instead in some lousy money losing & very low NTA or worthless penny counters....for these useless penny counters, the ones making money are the syndicate members & their proxies & the directors off course.....so stay off as the last one out always kena bakar or hangus. Remember you are all pawns in this penny goreng counters.

Always remember that this site had all types of people and most may lead you to Holland..so be very careful please brother perfect60. Remember too nobody hands you all or anything on a silver platter. Trust yourself & no one else including me as we are ALL FACELESS PEOPLE IN THE INTERNET.

Cheers brother perfect60, be wise, play safe & smart too. Good luck to you too.

Posted by spinninglotus > 2012-03-20 08:10 | Report Abuse

Frankly speaking,the from its net asset per share of 49cents,buying at this level 50cents risk is much lower.If brothers believe good management with Dato Chan and good projects in the future,you can buy and wait.Risk--no projects,potential earning-good projects.So which one would you bet?

Posted by chong > 2012-03-20 08:31 | Report Abuse

A friend just send me this from presumably a CIMB research report....

Naim Indah Corp (NIC MK; RM0.535) – SELL

FY13P/E: N/A, P/BV: 4.9x

 The stock appears to have formed a double top pattern. Prices failed to record a new high last week, which led to further selling.

 With both its indicators starting to head lower, the odds of further upside also diminish as well. Continue to look out for the support at RM0.505 where a break below would send prices falling towards the RM0.42 levels next.

 Any rebounds should be a chance to sell into strength. As long as the RM0.725 resistance is intact, we think that sellers are in charge.

Posted by 12dec1960 > 2012-03-20 11:38 | Report Abuse

march 14th i shre my thoughts on NICORP.. to look for other counters.. it is still possible for those who wants to cover losses.. buy ZELAN at anything below 50sen hold on tight.. 1-2 months u'll get to see back what u hv lost betting in NICORP.. I APOLOGISE FOR MY UNSOLICITED ADVICE N POSTING..SORRY GUYS..JUST CONCERN..TQ

Posted by 12dec1960 > 2012-03-20 12:09 | Report Abuse

BEWARE.. A CAT DEAD BOUNCE.. BEWARE COULD BE A BEAR TRAP.. OOPSS SORRY!

Posted by thor > 2012-03-20 12:14 | Report Abuse

bear trap or bull trap??? a dead cat bounce

Posted by 12dec1960 > 2012-03-20 12:19 | Report Abuse

JUST AN OPINION.. UR ENTITLED TO URS.. BULL TRAP PERHAPS.. TAKE IRIS AS AN EXAMPLE SOME 6YERAS BACK IT WENT ROCKET HIGH FOM A MERE 10SEN TO RM1++ ALL SWEET AND ROSY.. TARGET SET HIGHER ONLY TO TRAP INEXPERINCE PUNTERS WHO'S DREAM TO GET RICH QUICK.. REFLECT ON THIS FACTS..

Posted by thor > 2012-03-20 12:25 | Report Abuse

I am just wondering whether you got the terms mixed up. A dead cat bounce is used to depict further downside...bearish in other words so it is a bull trap. I never meant to dispute the view you have..I am just confused with the terms used

Posted by 12dec1960 > 2012-03-20 12:43 | Report Abuse

corrections.. dead cat bouce.. a bull trap

BULL TRAP:defination ; a false signal indicating that a declining trend in stock or index has reversed n heading upwards.

BEAR TRAP:defination; a false signal that the rising trend in stock or index has reversed n heading downwards.

thanks thor..

Posted by thor > 2012-03-20 13:02 | Report Abuse

no problem. We are here to assist one another.

Posted by spinninglotus > 2012-03-20 13:35 | Report Abuse

Traders can eye 0.50,if can hold strong,enter at 0.50,if breaks 0.50,cutloss and buy at 0.45/0.40.

Posted by Insider76 > 2012-03-20 14:38 | Report Abuse

Right time to go in now.

Posted by frankietcc > 2012-03-20 15:27 | Report Abuse

It flies again...

Posted by spinninglotus > 2012-03-20 17:18 | Report Abuse

Yup,technically it says enter now and sell at 0.56

Posted by spinninglotus > 2012-03-20 17:22 | Report Abuse

Traders,from my experience,When CIMB asks you to sell,thst is time for a good rebound.But no guarantee after that.Haha so still have to monitor,no role to buy and keep yet.If it rebounds up 60cents,that is likely a resistance.Can still watch and see.

Posted by spinninglotus > 2012-03-20 17:24 | Report Abuse

Like I said,entered at today's morning level risk is low.That also means good chance for rebound and profit,but does not mean the end of downtrend.Buy early,sell early.Do not buy late,sell late.

Posted by spinninglotus > 2012-03-21 07:29 | Report Abuse

Oh my God!Now rumour says Datuk Chan is buying another penny stock Focus Energy and same rumours of him injecting oil and gas assets into the company!

Posted by alntm > 2012-03-21 08:25 | Report Abuse

huh? such thing as focus ENERGY?

Posted by spinninglotus > 2012-03-21 09:37 | Report Abuse

Sorry my mistakes,it is Focus Dynamics Technology.

Posted by spinninglotus > 2012-03-21 15:58 | Report Abuse

Like I said brothers,0.565 was the selling price,now it drops just like thst.Now rumours circulates Dato Chan into other penny stocks,so I expect this counter and Harvest will be very quiet for sometime.Good luck Brothers!May be below 50cents can watch.

Posted by KC Loh > 2012-06-15 01:12 | Report Abuse

new from the Edge newspaper, that Nicorp is terminated from the LPG deal. They are looking at lawsuits now against Aspire from what i read. read the edge 14th May, p.5.

Looks like a lot of punters will be burnt. from my point of view, this Chan fella is out to make a quick buck!

Posted by chong > 2012-06-15 01:33 | Report Abuse

Yes, brother KC Loh , alot of people going to get burnt as I had said very very much earlier that Nicorp is NOT GETTING THE THE LPG DEAL....why?...because an Omani company from the Middle East had already sign the agreement with Shell quite sometime back....still people want to chase this counter after I had said this, OMG.

Cheers.

Posted by talk2pkc > 2012-06-15 04:44 | Report Abuse

anyone know JUPITER ? Do they sing like "Stevee Wonder" or are they part of RC's associates ???

Posted by KC Loh > 2012-06-15 11:50 | Report Abuse

@ Chong, you were kind to warn other bros. Any CEO who bails out by selling his shares at 890k x 0.46-48 tells you the story. Buffettology insist management must be sound and committed to the company, obviously something Chan is not. The punters forgets too easily at their perils.