Posted by Ooi Teik Bee > 2013-09-18 12:45 |

Post removed.Why?

Posted by choolooi > 2013-09-18 12:49 | Report Abuse

So happy and nice to see joyful comrades here ....
Yes Matrixcool and htyeap125 Are also good Chartists.

In the near term ,many will be following these sifu gems

Posted by JYap > 2013-09-18 12:57 | Report Abuse

Thanks too. Bought some at 36 cents last week, no hurry to sell and I'll hold it first. cheers.

Posted by houseofordos > 2013-09-18 13:06 | Report Abuse

hahaha... yum yum....

Posted by sense maker > 2013-09-18 13:12 | Report Abuse

It would be good if we can have a small gathering to discuss our common interest of shares in KL. I would love to join.

Posted by KC Loh > 2013-09-18 13:14 | Report Abuse

My only regret Mflour money didn't come fast enough before the analysts found this gem. Anyway Congrats to all whwho had gained and special thanks to kcchongnz who first mentioned it. I am still holding some :)M

Posted by kcchongnz > 2013-09-18 13:21 | Report Abuse

Fibon was not first mentioned by me. It was from houseoordos. I concurred with him and used the information given by him and even some of his analysis and wrote up the report.

Posted by xingxian > 2013-09-18 13:23 | Report Abuse

Take a look at MMODE. Similar to FIBON IMO

Posted by KC Loh > 2013-09-18 13:30 | Report Abuse

Houseofordos, yamsengggggg

Posted by kcchongnz > 2013-09-18 13:31 | Report Abuse

sense maker, If I am in KL, I sure like to meet you. I think we have the same philosophy in investing. If we have technical people in the group, it will even better.

I have learned something from you in the revenue recognition thingy before.

Posted by houseofordos > 2013-09-18 13:37 | Report Abuse

haha KCLoh cheers...

I made full use of KCChong's template to do valuation on numerous companies... found many gems this way... thanks to KCChong for his sharing...

Posted by CityTrader > 2013-09-18 13:37 | Report Abuse

My antenna is faulty that i didnt read the writeup so no money flow in to my account but i congrats those who have exited with profit.

Posted by inwest88 > 2013-09-18 13:49 | Report Abuse

Let me join in the appreciation to kcchongnz. I have also liquidated my 15,000 units at 42 sen (purchased at 36 sen)for a profit of about RM850. Not much (as I say I trade for fun) but enough for my happy hours for the next week. And I am truly happy for those who made more.

See kcchongnz, you have so many people expressing gratitude to you. Thus you need not have to bother a handful of guys who only how to give rude and cynical comments and questioning your integrity and so forth.

Posted by Ooi Teik Bee > 2013-09-18 13:53 | Report Abuse

We should be in this type of atmosphere, not finding fault on writer and create unpleasant scene to fight. I am so happy every one shares information and makes money together. Cheer !!

Posted by sense maker > 2013-09-18 13:58 | Report Abuse

Hi Kcchong, when you are back from NZ, please let me know. I spend not more than 2 months in a year in KL. Still, we should be able to make a meeting with like-minded investors happen.

I just looked at Fibon. Its AR is rather high at around 3 months of sales collection period, and is higher than total net profit of the year. Net profit plunged after the 2008-09 crisis.

Still, depending on valuation, it is a good bet on Fibon's recovery of profit to pre-crisis level, which will send the price up to 60sen. That may take at least 2 years, I guess.

Posted by htyeap125 > 2013-09-18 13:58 | Report Abuse

You are right, Mr Ooi, we are against BIG SHARKs in this market, so we have to consolidate all our findings and strength so that minority interests is taken care of, cheers & congrats to those who have made $$$$$$$ today.

Posted by mfcheong1960 > 2013-09-18 14:00 | Report Abuse

well said.

Posted by inwest88 > 2013-09-18 14:15 | Report Abuse

People with knowledge and skills like kcchongnz, ooi teik bee, matrixcool (just to name a few) when presenting their views on stocks, they always have supporting facts and figures. Thus the readers can do their own study, analysis and understanding before making a decision and are solely responsible for their own actions irrespective of whether profits or losses are incurred. We can see in the forum they are plenty of people just shouting buy buy buy, sell sell sell and some even predicting target prices without any basis of all. Some can even tell you that the counter will go limit up soon and yet there are some who believe such stories.

Posted by htyeap125 > 2013-09-18 14:17 | Report Abuse

yesterday was a doji but today suddenly shot up like nobody's business. Mr Ooi Teik Bee, how do we interpret Fibon from TA point of view. Hope u can share your professional opinion on this. TQ

Posted by Ooi Teik Bee > 2013-09-18 14:33 | Report Abuse

The 3 candles on 10/9/2013 is called 'Morning star", a reversal and bullish sign. But the next 4 trading day candles were not good. Hence the chart is not good (to be fair).
Once the price breakouts from 0.37, it is a buy signal. The price just go up too fast, it is not possible to catch it using TA. I will keep this stock KIV since the price had broke up from 0.415 and form new high. I will buy it when the price corrects later (please refer to my Cup And Handle chart strategy mentioned above).
Thank you.

Posted by Ooi Teik Bee > 2013-09-18 14:42 | Report Abuse

Posted by Ooi Teik Bee > Sep 11, 2013 11:54 PM | Report Abuse X

This is the Cup And Handle chart formation strategy :

0.415 is the pivot line, normally the stock price cannot cross this pivot line on first attempt. If I sell it at 0.415, I will buy back in next few days at a lower price (buy back at the Handle). I will not sell it again at 0.415 because most of the times the price will cross this pivot line on second attempt to form a Cup And Handle. The price will skyrocket up once a Cup And Handle chart is formed. Thank you.

Posted by Alex Chan > 2013-09-18 14:44 | Report Abuse

no vol...could be trappy

Posted by JTFX > 2013-09-18 14:51 | Report Abuse

kcchong, i'm not much the dinner type of guy ..but wud love to buy u a few drinks n beers with u when u r back here..i move ard a bit..so give us a heads up..tks agn..appreciate all ur sharing n analysis here..

Posted by inwest88 > 2013-09-18 14:53 | Report Abuse

This is not a speculative counter, so what type of volume do you expect. Already today's volume is more than 2 million whereas the last 4 weeks daily average is 400,000 plus. And volume is relative. With a small base you cannot expect the volume to be like MAS, Daya, Iris etc.

Posted by Ooi Teik Bee > 2013-09-18 15:53 | Report Abuse

This is the Cup And Handle chart formation strategy :

0.415 is the pivot line, normally the stock price cannot cross this pivot line on first attempt. If I sell it at 0.415, I will buy back in next few days at a lower price (buy back at the Handle). I will not sell it again at 0.415 because most of the times the price will cross this pivot line on second attempt to form a Cup And Handle. The price will skyrocket up once a Cup And Handle chart is formed. Thank you.

Dear hiddengem,
It is the beauty of TA, 0.415 is a strong resistance to cross.
Please buy on weakness in next 2 weeks, we want to buy at the Handle, but not the Cup. Please refer to above strategy. Thank you.

Posted by sephiroth > 2013-09-18 15:58 | Report Abuse

slowing down, Mr Ooi, as you said we want to buy at the Handle at what price?

Posted by Ooi Teik Bee > 2013-09-18 16:01 | Report Abuse

Between 0.37 and 0.415. Buy on weakness in next 2 weeks. I will not buy if price is < 0.37. Thank you.

Posted by Alex Chan > 2013-09-18 16:04 | Report Abuse

long tail...one day play...trap

Posted by Ooi Teik Bee > 2013-09-18 16:08 |

Post removed.Why?

Posted by trustme932 > 2013-09-18 16:13 | Report Abuse

hiddengem...what do u want to do?

Posted by JTFX > 2013-09-18 16:14 | Report Abuse

haha..TQ vm Mr OTB..thats why i left sell odas @ 0.40-415...

Posted by anbz > 2013-09-18 16:19 | Report Abuse

because on aug 12 max price was 0.415? TA?but that's only an assumption...yet today max for now is 0.43...so if its on the move up again , mr OTB...u would suggest to sell at 0.43? am i right...just want to test my shallow TA

Posted by Jameslee > 2013-09-18 16:20 | Report Abuse

TA for WTK didn't work!

Posted by anbz > 2013-09-18 16:21 | Report Abuse

on weakness? try 26.5...great accumulation then ...hehe

Posted by Ooi Teik Bee > 2013-09-18 16:23 | Report Abuse

Dear anbz,
Intra-day is not accurate, normally I use closing price to compare. In this case, still use 0.415 as major resistance. Thank you.

Posted by anbz > 2013-09-18 16:25 | Report Abuse

Posted by Jameslee > Sep 18, 2013 04:20 PM | Report Abuse

TA for WTK didn't work!
------
sure-lah wtk = we tak kerja ...

Posted by trustme932 > 2013-09-18 16:26 | Report Abuse

hiddengem.. quite a messy chart pattern..chasing rallies not advisable.If it closes below 0.39 today the trading range wud be 0.35-0.40 near term.

Posted by Jameslee > 2013-09-18 16:26 | Report Abuse

GOB also didn't work.....!

Posted by asoh > 2013-09-18 16:27 | Report Abuse

Very scary news in Malaysia on "http://www.theedgemalaysia.com/political-news/254975-study-very-high-risk-of-graft-in-malaysias-defence-sector.html"

Posted by trustme932 > 2013-09-18 16:34 | Report Abuse

hiddengem...the top shud be 0.46 for the timebeing..means tom n monday.

Posted by anbz > 2013-09-18 16:38 | Report Abuse

haiya james...why complain..now it works for fibon..masuklah...apapasal mau cerita wtk sama gob?...let me check gob...charts..., man i think TA works also for GOB...the problem is ...may be u bought at peak...kahkah

Posted by anbz > 2013-09-18 16:41 | Report Abuse

but the graph for GOB is quite flat for a week...i noticed that it never happen before...ask OTB lah for interpretation...get some knowledge...don't just complain

Posted by anbz > 2013-09-18 16:44 | Report Abuse

ah soh ..aah..what so scary about that ma?

Posted by Saturn > 2013-09-18 23:34 | Report Abuse

Useless here to talk about TA

Posted by Rambotan > 2013-09-18 23:57 | Report Abuse

Saturn, if "Useless" here to talk about TA then it must be Hopeless....if so


Useless = Hopeless here?.....hahahahahah a

Posted by Rambotan > 2013-09-18 23:58 |

Post removed.Why?

Posted by kcchongnz > 2013-09-19 10:00 | Report Abuse

Posted by xingxian > Sep 18, 2013 01:23 PM | Report Abuse
Take a look at MMODE. Similar to FIBON IMO

Have taken a peep at M-Mode. Appears to be a good company selling at big margin of safety.

Is the market inefficient?

Posted by anbz > 2013-09-19 16:59 | Report Abuse

if efficient = predictable...then efficient bursa is not market ma

Posted by kcchongnz > 2013-09-19 17:27 | Report Abuse

Efficient market=predictable market?

Wow, you beat Professor Eugene Fama who developed this theory which is one of the main topic in finance and investment.

Posted by Alexwong > 2013-09-19 17:29 | Report Abuse

IRCB got up much higher than Fibon