Posted by kclow1 > 2012-03-08 14:31 | Report Abuse

http://klse.i3investor.com/servlets/fdnews/208348.jsp

Posted by spinninglotus > 2012-03-08 14:32 | Report Abuse

Takeover price for ECM rm1.10,it is soooo cheap to buy.

Posted by spinninglotus > 2012-03-08 14:35 | Report Abuse

Near term target 90-92 cents...once announcement out it will shoot up to 1.00!You can read all my postings and Brother Chong's postings in this blog.

Posted by spinninglotus > 2012-03-08 14:35 | Report Abuse

One scoop finish at 0.885...very good prospect.

Posted by tcr5585 > 2012-03-08 14:37 | Report Abuse

what is TP?

Posted by spinninglotus > 2012-03-08 14:41 | Report Abuse

The best trade is buy and hold.Those people buy and sell cannot truly earn from this counter because they lose brokerage and price difference.

Posted by Wolverine > 2012-03-08 14:43 | Report Abuse

Brother spinninglotus, thank you for the information. I hope 0.88 is a good entry price as TP is 1.00

Posted by spinninglotus > 2012-03-08 14:47 | Report Abuse

You know there are always traders playing with intermittent profit taking.When I saw that fella put 0.85 as resistance,I laughed at him that he is going to regret.2days later now ECM 0.885,that trader sure cries badly now haha...

Posted by Yuzuki > 2012-03-08 15:09 | Report Abuse

interesting ..... hmmmm ......

Posted by spinninglotus > 2012-03-08 15:11 | Report Abuse

If you look at today's trading,0.88 has become a new support line.I do not know when the official announcement will be made,but whether you buy at 0.88 or 0.89 does not matter because you still have more than 20% upside profit!That is great achievement indeed!

Posted by spinninglotus > 2012-03-08 17:05 | Report Abuse

Not bad ECM closes at 0.88 support line.Bullish territory.

Posted by Su Jackie > 2012-03-08 17:13 | Report Abuse

Ooi, all of you there, thank you for talking it up to enjoy feeling good.I have just sold off all my shares at 88 sen for you to hold and i am now enjoying some kopi-oh money. Thank you again.

Posted by spinninglotus > 2012-03-08 17:28 | Report Abuse

ECM is not a speculative counter.It has true value.Unlike Naim Indah and Harvest,it has great earning potential with cash rich and good dividend.Even without Kenanga takeover,its near term value is 90-92cents.

Posted by spinninglotus > 2012-03-08 17:53 | Report Abuse

Haha brother Su Jackie,you will regret of selling ECM too low and too early.I know traders like you are selling ECM today.However,great investors earn good money by knowing he should hold a good shares instead of puntering.I also think you are here telling people you sold to scare people so that you could buy at lower price.Im afraid that you will be disappointed.

Posted by Su Jackie > 2012-03-08 18:14 | Report Abuse

YB SLotus, the talk of takeover had dragged on for very far too long. It goes on and on and nothing happens. Everytime we ask someone about the news - answer is around the corner. How very much more longer, everyone got to wait. If too long, why not we come in at a later stage.

Posted by spinninglotus > 2012-03-08 18:28 | Report Abuse

Actually this share price surge today has nothing to do with takeover offer..hehe...it is based on real fundamental.If really about takeover,today it should surge to 1.09.Obviously it is not.The surge from 0.85 to 0.88 is so fast until you cannot catch.Some people with large funds are in this counter already.

Posted by spinninglotus > 2012-03-08 18:31 | Report Abuse

Normally in takeover process,there are stages...first exploring,second negotiation,third BNM,fourth further negotiation,fifth pricing out,then only finally the announcement.The talk is private.Of course you can never get to know when.However,technical charts can tell because until now there is no speculation in this counter.It moves up slowly,steadily with intermittent profit taking,including you here.

Posted by spinninglotus > 2012-03-08 18:49 | Report Abuse

Those insiders are not stupid,you see,they want to accumulate enough ECM at cheap price before announcement.I expect next few days ECM to retreat on profit taking to above 0.86 support line and those insiders will accumulate all shares sold by public to scare us.After they get enough shares,they will push it up very fast like today again.Bullishness is confirmed.Just need to test its support line further.

Posted by spinninglotus > 2012-03-08 18:52 | Report Abuse

As for Brother Chong and me who monitor ECM everyday,you see insiders' actions already come much earlier at 0.83-0.80...They pushed down price,then up so fast until you cannot catch.Then yesterday they pushed down ECM and accumulate up to 0.855,then today suddenly surge to 0.88.It is impossible to trade.So buy and hold is the best.

Posted by spinninglotus > 2012-03-08 18:57 | Report Abuse

ECM is not speculative counter.It is no like counters Naim Indah,Puncak and Harvest...this is what I observe.

Posted by Su Jackie > 2012-03-08 19:01 | Report Abuse

YB SLotus and YB Ching, Walau eh, there are so many stages towards takeover and we will have to wait until the cows come home. Now all of you have been monitoring this counter for ages and you will surely know roughly about the stage they are in by now. Can advise on the stage ? I am also getting excited and passionate now. Maybe I should buy back at 88 sen tomorrow - my sales price today ? Maybe no chnance leow ?

Posted by Su Jackie > 2012-03-08 19:02 | Report Abuse

Sorry YB Chong - Not YB Ching (this is for the Ching Dynasty!)

Posted by spinninglotus > 2012-03-08 19:26 | Report Abuse

We can only know by tomorrow share price action.Haha I remembered when I bought at 0.83,they pushed down to 0.80.When I sold at 0.83,they pushed up to 0.85,when I bought at 0.85,they pushed down to 0.835 again.Then today wanted to buy some more it jumped to 0.88...Haha...

Posted by spinninglotus > 2012-03-08 19:42 | Report Abuse

Based on today's bullish action,I believe it can still run further with near term target 90-92 cents. May be Kenanga announcement is near?

Posted by Su Jackie > 2012-03-08 20:47 | Report Abuse

Aiyoh Walau eh, YB you are not answering to my points.That shows you are all just punting up and down and hoping it goes right ! This is really dangerous.

Posted by spinninglotus > 2012-03-08 23:31 | Report Abuse

That is not how we reason in shares....But looking at how you punter this counter,certainly I will not answer your questions. Cheers!

Posted by spinninglotus > 2012-03-08 23:47 | Report Abuse

Good shares I buy more and hold...speculative shares have lots of speculators like you we sell and only aim short term. But speculators will lose more in the long run.Haha

Posted by spinninglotus > 2012-03-09 01:27 | Report Abuse

ECM is a very good and stable counter.It is not suitable for punters...haha we buy and hold and wait for good news!During profit taking I will buy more!

Posted by chong > 2012-03-09 01:44 | Report Abuse

Going towards $1.10 a possibility.

Posted by spinninglotus > 2012-03-09 07:37 | Report Abuse

Yes,ECM is bullish territory.Once 0.88 broken,it will fly to the sky!

Posted by Jjtrader > 2012-03-09 10:19 | Report Abuse

Jupiter buy call target price RM 1.00

Posted by spinninglotus > 2012-03-09 10:43 | Report Abuse

Yes,from its fundamental it is a good invedtment.Buy and hold better than traders playing around,because eventually traders will realize that they lose more money trading this account.Today they pushed the price lower to accumulate more.I plan to buy bit by bit.

Posted by Jjtrader > 2012-03-09 10:55 | Report Abuse

Agreed bro spinninglotus holding good share will make a wealth , in and out market too often wii only make a wealth for stockbroking.

Posted by Yuzuki > 2012-03-09 10:58 | Report Abuse

NICE .... :)

Posted by spinninglotus > 2012-03-09 11:59 | Report Abuse

Brothers,from now onwards I should stop providing technical analysis buy and sell for ECM because traders like brother Su Jackie will exploit my information for their own benefit. The more the speculators join this counter,the worse this counter will become. So let us just buy and hold for maximum profit!

Posted by Su Jackie > 2012-03-09 12:11 | Report Abuse

YB Slotus, by the way I really enjoy talking to all of you. My comments are quite pragmatic. I am a retired chartered accountant who has so much time to look at all the five corners of investments in details what investors are up to. I will prefer that you continue to let us all know what is about to happen so that we can help you to fan the fire to boil the counter up. By the way, I have not gone in-depth on the fundamental analysis as yet. when I have the time I will try to see what ECM has to offer.

You see today, KLCI and markets over the world all up but ECM down - most counters up.
What is going on my friend? I won't be surprise, the price may even be dragged to 85 sen today.

Posted by spinninglotus > 2012-03-09 12:28 | Report Abuse

Yup,all speculators should sell ECM more to us....your presence not welcomed here.Those speculators followed me entering ECM much earlier.Now they just sell and sell...but it is ok. That is why I should stop providing further details about ECM.

Posted by spinninglotus > 2012-03-09 12:31 | Report Abuse

We have enough cash to pick up ECM anyway.

Posted by jacklew > 2012-03-09 12:40 | Report Abuse

hi, i learnt from someone that we are here to make money, not enemy :-)

Posted by Su Jackie > 2012-03-09 12:44 | Report Abuse

Yes sir, let us sing the song MO NEY MO NEY MO NEY (Repeat 3 more times). We are here not to just nmake money, but to make more money. Its damn exciting - I really love the market - there are jokes around and yet we make MO NEY!!!!

Posted by chong > 2012-03-09 17:20 | Report Abuse

Bad day for ECM, down 2.5 cents but hopefully it catches up next week.

Posted by spinninglotus > 2012-03-09 17:45 | Report Abuse

Aiya,now everybody knows those punters are around,who still wants to buy high for them to profit?So definitely we would force them to sell as low as possible to us...haha..So brother Chong,do not worry.ECM has to be as low as it can to make those punters lose interest in this counter,then only action will come.

Posted by chong > 2012-03-09 17:51 | Report Abuse

Wisely said it brother spinninglotus.

Posted by spinninglotus > 2012-03-09 18:09 | Report Abuse

Hmm...we help our brothers earn money from this counter.But those punters make our brothers lose money...We have made buy call too early for those punters to enter.Market needs to take time to filter out all these punters...

Posted by Su Jackie > 2012-03-10 11:36 | Report Abuse

Rest assured, next week will be a positive week for BURSA. ECM will reach at least 90 sen early next week. Buy more to target RM1 at the next level. I need to be serious from now on.

Posted by nicermannson > 2012-03-10 11:43 | Report Abuse

bought some at 86.5

Posted by Su Jackie > 2012-03-10 12:13 | Report Abuse

Good on you to buy at this level. Quite difficult to get below 86 sen. Fundamentally, good investment as dividend yield is 7.7 % and PE at 10.7. NTA is 1.21. If there is a takeover in the short term and even if assume shares taken over at extreme discount of 15 %, the price is still RM1.03 i.e there is still upside of 16 to 17 Sen or premium of nearly 20 % on current market price. it is surely a buy at current level - only problem is that too few shares to share in the market. More volume will build up over the next few weeks based on the way we talk now.

Posted by Jjtrader > 2012-03-10 20:16 | Report Abuse

Take over price fixed at around RM 890 million, i.e 1.4 time the book value of the entire investment banking and stockbroking business excluding the assets like investment In E & O & some property management. The take over price in to believe around RM 1.10 per share for the banking & stockbroking business only WITHOUT assets.

Posted by Su Jackie > 2012-03-10 22:49 | Report Abuse

True enough to his words, YB Slotus no longer wants to comment or provide hints. He must be thinking of new investment strategies to apply to ECM.

Posted by jtpc2006 > 2012-03-12 07:13 | Report Abuse

it's only waiting for the takeover, so accummulate and reap the rewards, coming soon too.