TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.09

Today's Change

-0.005 (5.26%)

Day's Change

0.09 - 0.095

Trading Volume

3,528,900


10 people like this.

24,157 comment(s). Last comment by Lee Ying Yee 1 day ago

paloma

81 posts

Posted by paloma > 2018-10-09 10:58 | Report Abuse

Still not sure up or down after qr released

John1234

2,020 posts

Posted by John1234 > 2018-10-09 11:04 | Report Abuse

As at this morning, only 126,500 shares done. Even the goreng master stops churning trading vol at current level, how to reach TP 10 sen? 24.5 sen remains the current immediate support level.

Unless a black swan event or internal crisis happens, it is highly unlikely to hit 10 sen.

John1234

2,020 posts

Posted by John1234 > 2018-10-09 15:26 | Report Abuse

The goreng master decides to churn up in the afternoon....

alex88812

294 posts

Posted by alex88812 > 2018-10-09 21:24 | Report Abuse

my paper loss about 45%... ='( considering to cut loss...

Posted by Younglearner > 2018-10-09 21:33 | Report Abuse

my paper loss is about 55%, i'm still hoping it can rebound

John1234

2,020 posts

Posted by John1234 > 2018-10-09 22:10 | Report Abuse

Now, the only hope is the release of a better than expected quarterly result(which is still an unknown at this moment). Like that, there's a good chance for it to break above 30 sen. But it is harder to hit above 40 sen, unless the goreng master chooses to churn both the price and vol at the same time.

scholar

74 posts

Posted by scholar > 2018-10-10 00:40 | Report Abuse

Up up up. It will go up

paloma

81 posts

Posted by paloma > 2018-10-10 09:39 | Report Abuse

Very slow even it can up...

Tipster

752 posts

Posted by Tipster > 2018-10-10 12:44 | Report Abuse

Just wait for right time to average down. Good GP to be announced : GP @ RM45-50 million region.

paloma

81 posts

Posted by paloma > 2018-10-10 13:04 | Report Abuse

Tipster, but sometimes price is not moving even got good qr ....not sure how will it go after qr released by this month end

Tipster

752 posts

Posted by Tipster > 2018-10-10 14:41 | Report Abuse

Sentiment is no good... Huaan just follow only... when there is news, the breakout will be imminent...

John1234

2,020 posts

Posted by John1234 > 2018-10-10 15:00 | Report Abuse

Today, KLCi is down 27 points. Genting Berhad gets whacked down 41 sen. This give the goreng master an excuse to churn down Hua An.

Tipster

752 posts

Posted by Tipster > 2018-10-10 15:02 | Report Abuse

Looks like the FFs are exiting market...

paloma

81 posts

Posted by paloma > 2018-10-10 15:34 | Report Abuse

Wait till month end and see how..

paloma

81 posts

Posted by paloma > 2018-10-10 15:58 | Report Abuse

Tipster, how u know the result will be good?

Tipster

752 posts

Posted by Tipster > 2018-10-10 16:49 | Report Abuse

Coz i have been tracking the spot prices movements.... talking to their IR... did my own calculations...

paloma

81 posts

Posted by paloma > 2018-10-10 16:57 | Report Abuse

Tipster, last quarter also many ppl expected gd qr, but end up disappointed, hope this round qr is good

speakup

27,274 posts

Posted by speakup > 2018-10-10 17:00 | Report Abuse

thanks to PH, u got chance to buy this blue chip HUAAN at mega sale price

John1234

2,020 posts

Posted by John1234 > 2018-10-10 17:49 | Report Abuse

Genting drops 46 sen today, partly due to the work of regulated short sellers on higher sin tax talk.

Hua An is more stable. It does not fall in the regulated short selling list.

lancetsy

57 posts

Posted by lancetsy > 2018-10-11 09:11 | Report Abuse

9Huaan trading now at 0.225...a 10% loss...

John1234

2,020 posts

Posted by John1234 > 2018-10-11 10:45 | Report Abuse

After this shakeout, the shares are in much stronger hands.

paloma

81 posts

Posted by paloma > 2018-10-11 11:02 | Report Abuse

The qr release date is very close to budjet date, maybe will have tsunami again

John1234

2,020 posts

Posted by John1234 > 2018-10-11 11:17 | Report Abuse

The shark pulls up Genting Berhad from a low of 7.17, making short sellers buy back higher.

Do not play play with short selling...only for the big boys...

John1234

2,020 posts

Posted by John1234 > 2018-10-11 12:27 | Report Abuse

After the panic selling initiated by the mkt operators in the morning, most counters are trading lower, but near the day's highs. A good sign. It shows mkt operators are more inclined to support the prices higher, than let them have a free fall. Of course, ultimately the share prices will depend on mkt sentiments and conditions.

John1234

2,020 posts

Posted by John1234 > 2018-10-11 15:35 | Report Abuse

I bought some at 23 sen to test the mkt. No venture, no gain.

paloma

81 posts

Posted by paloma > 2018-10-11 16:24 | Report Abuse

Seems hard to back to 60 cent

klck23

623 posts

Posted by klck23 > 2018-10-11 16:46 | Report Abuse

dow future is bad still

John1234

2,020 posts

Posted by John1234 > 2018-10-11 17:40 | Report Abuse

I am not too greedy. If I can sell at 29 sen, I can already make 26% profit. Why not?

Yes, Dow futures is down. So long as Dow does not drop more than 300 pts, most mkts have already priced that in.

We can never know where the bottom is. Buying at today's price is already at a good discount to many.

Alex™

12,594 posts

Posted by Alex™ > 2018-10-11 17:43 | Report Abuse

i'm not greedy also, if drop to 19sen, i cut loss 26%

John1234

2,020 posts

Posted by John1234 > 2018-10-12 09:12 | Report Abuse

Wow, low is 22.5 sen...

Dow futures is up. So, no panic selling..

John1234

2,020 posts

Posted by John1234 > 2018-10-12 18:31 | Report Abuse

It closed at 24 sen, in line with a rebound in the Shanghai and HK mkts.
https://www.cnbc.com/2018/10/12/stock-markets-sell-off-isnt-the-start-...

Crasd123

729 posts

Posted by Crasd123 > 2018-10-14 11:26 | Report Abuse

Just keep Huaan、 future be rm2

Come

1,146 posts

Posted by Come > 2018-10-14 23:03 | Report Abuse

Don't buy...b careful

John1234

2,020 posts

Posted by John1234 > 2018-10-15 09:36 | Report Abuse

24.5/25 sen this morning. Let's be realistic. The hurdle to cross today is 25 sen. It can be done within 1 min if the goreng master wants to do it.

If 25 sen is not done convincingly, no need to talk about higher prices...

cth0712

225 posts

Posted by cth0712 > 2018-10-15 10:46 | Report Abuse

Huuan, why can back to old day 0.23-0.25?
Why market so scare to accept this price?

John1234

2,020 posts

Posted by John1234 > 2018-10-15 11:19 | Report Abuse

Today, some select counters are up, mainly oil and gas counters like Hibiscus, Reach Energy, Sapura Energy, etc

So, I believe some punters can smile more today...

paloma

81 posts

Posted by paloma > 2018-10-15 15:11 | Report Abuse

Drop...

John1234

2,020 posts

Posted by John1234 > 2018-10-15 15:48 | Report Abuse

What to do? China and HK mkts are down again.
But I can see that it is just sliding lower in low vol. No panic selling as most are waiting for the quarterly result due to report this month.

John1234

2,020 posts

Posted by John1234 > 2018-10-15 15:56 | Report Abuse

The smiles on punters' faces turn out to be transient. Sapura Energy starts to retrace too....

asd88

810 posts

Posted by asd88 > 2018-10-15 15:58 | Report Abuse

guys any idea how the report will be?

NoEmo

1,167 posts

Posted by NoEmo > 2018-10-15 22:30 | Report Abuse

normal retracement today. Barring any unforeseen circumstances from USA n China, HuaAn should be testing 29c next week.

jcpy

216 posts

Posted by jcpy > 2018-10-16 08:30 | Report Abuse

Although Coal prices hv no doubt risen faster than Coke prices, the latter seemed to catch up too and has remained resilient. My take is that this qrt results should be better in terms of margin.

paloma

81 posts

Posted by paloma > 2018-10-16 16:29 | Report Abuse

Either is drop or not moving, hard to go up the price.....

John1234

2,020 posts

Posted by John1234 > 2018-10-17 10:58 | Report Abuse

Even mkt leaders like Sapura Energy are not pushing higher currently, how can we expect mkt follower like Hua An to move first, when there is no good news specifically to support it? The goreng master is no fool. He does not churn up or gap up for no reason.

John1234

2,020 posts

Posted by John1234 > 2018-10-17 12:04 | Report Abuse

The same goes for stock promotors in this forum too, they promote with a reason.
So, pls sieve through what they say, including mine or you can end up as hairy crabs anytime in a stock mkt.

Do not play play.

John1234

2,020 posts

Posted by John1234 > 2018-10-17 15:04 | Report Abuse

Today, interestingly, only 676,700 shares done at 3pm. What is the underlying message?

4D - 6767. Some would say.....haha

paloma

81 posts

Posted by paloma > 2018-10-17 17:23 | Report Abuse

Drop

John1234

2,020 posts

Posted by John1234 > 2018-10-17 20:29 | Report Abuse

It is up to you to interpret this mkt signal. I presume you belong to the group that think the glass is half empty as opposed to half full.

Words can lie. But mkt statistic does not, if not camouflaged.

asd88

810 posts

Posted by asd88 > 2018-10-18 11:34 | Report Abuse

buying force coming

John1234

2,020 posts

Posted by John1234 > 2018-10-18 11:58 | Report Abuse

Seems like some smart guys have understood the mkt signal that I highlighted. Let's see if the 25 sen resistance set by the goreng master can be broken convincingly today or a false break-through.

It is getting more interesting....

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