Posted by bojed > 2021-07-26 09:48 | Report Abuse

YBS has just tested ema50 support on the hourly chart. Looking decent so far.

Posted by aa1234 > 2021-07-26 10:20 | Report Abuse

lets wait for afternoon

Posted by Gekko92 > 2021-07-26 10:21 | Report Abuse

Everyone going out to buy crypto?

Posted by aa1234 > 2021-07-26 12:24 | Report Abuse

Selling pressure

Posted by bojed > 2021-07-26 12:33 | Report Abuse

Dragonfly doji :)

Hopefully this current price will be the lowest for the afternoon session.

Posted by bojed > 2021-07-26 16:38 | Report Abuse

If YBS closes at 0.49, it will end the day with a doji.

That half a sen is so close yet so very far LOL!

Posted by supafly83 > 2021-07-26 17:01 | Report Abuse

Ok. Losing steam or accumulation for the upcoming QR?

Posted by bojed > 2021-07-26 18:22 | Report Abuse

I have no idea.

The price is still above the ema20, ema50 and ema200 for both the daily and weekly charts.

Posted by bojed > 2021-07-26 22:22 | Report Abuse

The Board of Directors of YBS International Berhad (“Board”) wishes to announce the production facilities of the following subsidiaries of YBS have been operated in reduced production capacity due to Covid-19 Pandemic.



a) Production facilities in Vietnam

Oriental Fastech Manufacturing (Vietnam) Co. Ltd. (“OFMV”), a wholly-owned subsidiary of YBS in Vietnam, are partially suspending their operation from 19 July 2021 onward in compliance with the Directives No. 16 issued by the Vietnam Government on 16 July 2021.

Under Directive No. 16, only factories, businesses and service establishments producing and providing essential goods and services are allowed to open and asked to ensure workers follow strict health guidelines issued by Vietnam Health Authority. For businesses operating during the 14 days period, the businesses must implement "3 on the spot” (on-site production, on-site dining, on-site rest) approach to meet the safety requirements for workers inside the factory or company.

In view of the above, the operation of OFMV has been halt on 19 July 2021 and had on
20 July 2021, resumed its production activities with the reduced production capacity as allowed by the Vietnam Government from time to time.



b) Production facilities in Malaysia

Oriental Fastech Manufacturing Sdn. Bhd. (“OFMM”), Golden City Plastic Sdn. Bhd. (“GCPSB”) and Edaran Precision Industries Sdn. Bhd. (“EPISB”), all are wholly-owned subsidiaries of YBS, having their production facilities in Bukit Minyak, Penang and Muar, Johor respectively have been operated in reduced production capacity due to Standard Operating Procedures issued by National Securities Council (MKN) and Ministry of Health.

The Group is mitigating the impact of the production disruption by proactive and close engagement with the customer to manage the production capacity challenges and to have the delivery dates re-scheduled in order to meet the demand of customer. In the meantime, as the Group would also utilize outstanding stocks to fulfil sales orders. The disruption of production capacity in the abovementioned companies is expected to have impact to the financial performance of the Group which could not be quantified as this point in time.

The Group will continuously monitor the development of Covid-19 pandemic and the disruption to its business activities caused by the prolonged effect of such pandemic and evaluate their impact on the financial position, cash flows and operating results of the Group. The Group will make necessary announcement in the event of any material or adverse development relating to this matter.

This announcement is dated 26 July 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3178121

Posted by bojed > 2021-07-26 22:23 | Report Abuse

Following the extension of a Full Movement Control Order imposed nationwide by the Government to curb the spread of the Covid-19 pandemic, Bursa Malaysia Securities Berhad had vide their letter dated 16 June 2021 granted an extension of time up to 31 August 2021 for listed issuers to issue their annual reports that include the annual audited financial statements and the auditors’ and directors’ reports which are due on 31 July 2021.

The Board of Directors of YBS International Berhad wishes to inform that the Company’s Annual Report for the financial year ended 31 March 2021 will be issued by 31 August 2021. The extension of time for issuance of Annual Report was due to disruption in operation of service provider (i.e. printer and mailer for distribution of Annual Report) and pending engagement of service provider for virtual Annual General Meeting of the Company.

This announcement is dated 26 July 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3178122

Posted by bojed > 2021-07-26 22:23 | Report Abuse

Not the kind of news I want to hear to be honest.

Posted by shavemyfurm > 2021-07-27 09:51 | Report Abuse

从事精密工程和精密注塑服务的 YBS International Bhd 表示，其截至 2021 年 3 月 31 日（21 财年）的财政年度的年报将在一个月后，即 8 月 31 日发布。它表示，延期发布其 21 财年年度报告的时间是由于其服务提供商的运营中断，即分发其年度报告的打印机和邮寄者，以及有待服务提供商参与其虚拟年度股东大会.

Posted by shavemyfurm > 2021-07-27 09:51 | Report Abuse

Hmmm, so what is it ?

Posted by bojed > 2021-07-27 10:02 | Report Abuse

Don't give me false hopes anymore baby LOL!

Posted by scjm > 2021-07-27 10:38 | Report Abuse

good chance to buy on pullback now

Posted by bojed > 2021-07-27 10:40 | Report Abuse

Plan your trade and trade your plan.

Study the chart because it doesn't lie. If it drops down to your CL point, just cut and move on.

Dangling purely on hope can lead you down to an endless abyss.

Posted by aa1234 > 2021-07-27 11:02 | Report Abuse

panic selling

Posted by supafly83 > 2021-07-27 11:58 | Report Abuse

price might slowly creep down.. will most likely clear up to 0.455 wall. luckily sold all at 0.49. waiting to buyback.

Posted by kfliau > 2021-07-27 12:45 | Report Abuse

If today can close at 48 cents or higher signifies droganfly doji formation again, a key trend reversal indicator

Posted by bojed > 2021-07-27 12:57 | Report Abuse

The trend is still upwards despite the drop in price because the price is still above ema20, ema50 and ema200. A doji today will only strengthen its trajectory.

Posted by bojed > 2021-07-27 13:08 | Report Abuse

0.485 would be better.

Posted by klse99 > 2021-07-27 13:10 | Report Abuse

Feels like it has a small possibility has a small bounce up at 0.48

Posted by greencode > 2021-07-27 13:33 | Report Abuse

If fail touch 55cent within this week . It will downtrend . Becareful. So far the Bussines is not much and up because tech up. But not all tech companies is good fundamentals. Don’t get trap

Posted by supafly83 > 2021-07-27 15:00 | Report Abuse

they already delaying QR. So this is a sign. Aprreciate your hard work on the TA @bojed... however we will now be relying on fundamentals/sentiment.

Posted by bojed > 2021-07-27 15:12 | Report Abuse

Two red days in a row which looks quite likely to extend to three.

My cost has risen from 0.355 to 0.3756. I bought more shares at 0.48 yesterday.

All I can say is, you don't have to be a hero if the trend is going against you. If the price goes down to your CL point, just cut your position short and move on. There are hundreds of other counters in bursa.

As for me, I will continue to hold as long as it stays above 0.445.

Plan your trade and trade your plan. Cut your losses short and let your profits run long.

Posted by bojed > 2021-07-27 15:29 | Report Abuse

The pleasure is mine.

------------------------------------------------------------------------

supafly83 they already delaying QR. So this is a sign. Aprreciate your hard work on the TA @bojed... however we will now be relying on fundamentals/sentiment.
27/07/2021 3:00 PM

Posted by supafly83 > 2021-07-27 15:45 | Report Abuse

ok.. 0.45 is most like to break. gonna wait at 0.40

Posted by aa1234 > 2021-07-27 16:03 | Report Abuse

Wow

Posted by bojed > 2021-07-27 16:31 | Report Abuse

Every man for himself.

Posted by kfliau > 2021-07-27 17:05 | Report Abuse

Trend line broken. Should have cut earlier

Posted by bojed > 2021-07-27 20:46 | Report Abuse

I'll say it again, if it goes down to 0.445 tomorrow, I'll sell all of my shares, even if it LU after that.

This is one of those moments where I just have to accept what it is. Despite being an investor in BSKL since 2012, I still count myself as a newbie who still has a lot to learn.

Posted by bojed > 2021-07-27 20:50 | Report Abuse

I have a feeling it might want to close the gap left between 9 July and 12 July, which is about 3 sen apart or maybe it will rebound at ema50.

Posted by michaelwong > 2021-07-27 20:50 | Report Abuse

Postpone qr financials result. Something not right

Posted by Saint14Feb > 2021-07-27 20:56 | Report Abuse

@bojed The way I read it, the delay is only in the publishing of it's Annual Report (FYE 31/3/21). I believe the financial reporting for the quarter just ended (30/6/21) will still be as usual.

Posted by michaelwong > 2021-07-27 21:01 | Report Abuse

YBS International Bhd, which engages in precision engineering and precision injection moulding services, said its annual report for the financial year ended March 31, 2021 (FY21) will be issued one month later, that is by Aug 31. It said the extension of time for the issuance of its FY21 annual report is due to disruption in its service provider's printer and mailer operations for the distribution of its annual report, while also pending the service provider's engagement for its virtual annual general meeting.

Posted by bojed > 2021-07-27 21:02 | Report Abuse

Yes, of course.

Posted by TedTock > 2021-07-27 21:10 | Report Abuse

But they can issue a digital copy?

Posted by greencode > 2021-07-28 08:55 | Report Abuse

Easy to knw. The price movement because of the insider. Meaning insider knw what is going on. If good results the price won’t be like this.

Posted by aa1234 > 2021-07-28 10:46 | Report Abuse

0.44 wow

Posted by scjm > 2021-07-28 11:01 | Report Abuse

probably going back up to 45.5 and 46 again

Posted by greencode > 2021-07-28 11:24 | Report Abuse

Don’t fall in love with your stock. Divorced it when it harm you badly

Posted by scjm > 2021-07-28 11:41 | Report Abuse

dont be too quick to draw your gun

Posted by supafly83 > 2021-07-28 12:29 | Report Abuse

sell pressure is massive.. possibly going back down to 0.375 area.

Posted by kfliau > 2021-07-28 12:35 | Report Abuse

Luckily sold all at 45. Clear down trend. There is a gap from 0.355 to 0.385 on the day of spike. Probably will clise this gap

Posted by scjm > 2021-07-28 12:36 | Report Abuse

that is possible if last line of defence at 42 cannot hold

Posted by supafly83 > 2021-07-28 12:39 | Report Abuse

@kfliau.. thanks for confirming the gap.

Posted by kfliau > 2021-07-28 14:12 | Report Abuse

Welcome supafly83

Posted by greencode > 2021-07-28 14:29 | Report Abuse

Heavy selling wait till green candle

Posted by greencode > 2021-07-28 14:40 | Report Abuse

Support 37 to 38 cent . Broken ,,, is die signal

Posted by scjm > 2021-07-28 14:44 | Report Abuse

it would not be to the company's advantage if the price is pushed below 42