Posted by kmohan62 > 2015-07-10 12:46 | Report Abuse

Those contra traders and speculators...you'd better run!! This is for genuine investors with at least 3 months time horizon...will reap handsome gains...

Posted by kwl8888 > 2015-07-10 13:35 | Report Abuse

Without those contra traders and speculators,
Mieco won't up so much.
Should say thank you to them.
Yesterday and today have up a lot,
might drop back soon.

Posted by kmohan62 > 2015-07-10 14:00 | Report Abuse

kwl8888,

Yes,Investors should thank contra traders and speculators for rise in share prices...that's exactly why I would want to warn them as they might occur loses beyond redemption and might not be able to dabble in the market if that happens...

Posted by Ooi Teik Bee > 2015-07-10 14:28 | Report Abuse

Posted by kwl8888 > Jul 10, 2015 12:23 PM | Report Abuse

Better don't buy now, wait drop back next week.
OTB informed his subscribers to take profit.

Ans : I told all my subscribers to buy at 0.74.
Thank you.

Posted by hissyu2 > 2015-07-10 15:10 | Report Abuse

kmohan62, wanted to buy more.. but no money la... LOL

Posted by joel > 2015-07-10 16:47 | Report Abuse

LATEST!
http://www.theedgemarkets.com/my/article/mieco-shares-rise-7-year-high

July 10, 2015 : 4:31 PM MYT juz now !
From The Edge Malaysia !

其中的内容！：
The remisier sees the immediate resistance level for Mieco (valuation: 0.9; fundamental: 0.65) at RM1.46 !

Posted by kmohan62 > 2015-07-10 17:03 | Report Abuse

hissyu2,
You are right...waiting for profit taking to further accumulate...but I am afraid this counter has crossed the point of no return for the time being...expect it to stabilise and continue surging ahead albeit at a lower pace..

Posted by kwl8888 > 2015-07-10 17:15 | Report Abuse

Yes, Mr OTB informed his subscribers to buy at 0.75 on last Friday.
Luckily I followed his advise this morning to sell.
Wait to buy back on weakness,
hope could buy below 0.90

Posted by omega88 > 2015-07-10 17:36 | Report Abuse

Remiser simply give a price for u to die. Dun believe too much

Posted by hissyu2 > 2015-07-10 17:39 | Report Abuse

kmohan62, agree. Foresee the same trend like evergrn(aghh, feeling bad still as i couldn't get evergrn at 1.4...T_T)

Posted by Ooi Teik Bee > 2015-07-10 19:14 | Report Abuse

Posted by kwl8888 > Jul 10, 2015 05:15 PM | Report Abuse

Yes, Mr OTB informed his subscribers to buy at 0.75 on last Friday.
Luckily I followed his advise this morning to sell.
Wait to buy back on weakness,
hope could buy below 0.90

Ans : I hope you make a lot of money.
FYI only, 5 of my recommended stocks break new high today. They are
Mieco
Minho
Hevea
VS
Penta

Please do not blame me again.
Thank you.

Posted by ChartMaster > 2015-07-10 22:32 | Report Abuse

KUALA LUMPUR (July 10): Shares of Mieco Chipboard Bhd ( Financial Dashboard) extended gains today, rising to a seven-year high of RM1.01 as talk that the particle board maker may undertake a corporate exercise resumes, which propelled institutional money.

As at 3.51pm, the stock was traded up 4 sen or 4.35% at 96 sen, with 18.63 million shares changing hands. Its market capitalisation has surged to RM212.1 million since June 29, when it was at RM140.7 million.

It was one of the most actively traded stocks today. The counter had earlier rose as much as 9.78% to hit a seven-year high of RM1.01.

Mieco is among chipboard makers which have been enjoying the upward trend in their shares, fueled by a stronger US dollar.

A remisier said institutional funds have been buying into Mieco since June 22.

"They accounted for about 20% of the total volume transacted every day," he told theedgemarkets.com.

The remisier sees the immediate resistance level for Mieco (valuation: 0.9; fundamental: 0.65) at RM1.46.

"Should institutional funds continue to buy into the stock, it is likely to breach the level. However, we see some profit taking activity when the stock hit a high of RM1.01," he added.

A senior research analyst had earlier told theedgemarkets.com that there were takeover talk in the market about Mieco, which could have led to the recent rise in its share price.

However, an official from the company had dismissed the speculation, saying the share price movement was due to market forces.

For the first quarter ended March 31, 2015 (1QFY15), Mieco returned to the black with a net profit of RM3.2 million compared with a net loss of RM3.17 million a year ago. Revenue was up 6% at RM80.28 million, from RM75.75 million in 1QFY14.

Posted by Joel > 2015-07-11 07:44 | Report Abuse

无风不起浪,Chartmaster. Like!

Posted by hockhuat > 2015-07-11 07:58 | Report Abuse

market is very cautious

http://www.thestar.com.my/News/Nation/2015/07/11/1MDBs-RM13bil-assets-cannot-be-sold-easily/

Posted by ChartMaster > 2015-07-11 09:31 | Report Abuse

http://www.wsj.com/articles/u-s-stock-futures-rally-on-greece-deal-hopes-1436531195?ru=yahoo?mod=yahoo_itp

Posted by rissay2u > 2015-07-11 19:23 | Report Abuse

tq kmohan62. what is your TP?

Posted by kmohan62 > 2015-07-11 21:17 | Report Abuse

rissay2u,
Based on the micro and macro economics conditions as well as its fundamentals,Mieco's TP is around RM 1.20 which is achievable within the next quarter.

Posted by Ravi Kumar > 2015-07-11 22:26 | Report Abuse

Hockhuat only got giving warning this and that. From iFCA forum come here to disturb. He is still waiting for IFCA at 60 sen

Posted by Ravi Kumar > 2015-07-11 22:26 | Report Abuse

TP is mouth watering

Posted by Sunkist118 > 2015-07-11 22:46 | Report Abuse

What is to for mieco hor?

Posted by 8wpwtmt8 > 2015-07-11 22:56 | Report Abuse

Target price given by a influencial remisier is (1.52 + 1.47 + 1.87)/3 = 1.62

Posted by querries > 2015-07-12 18:30 | Report Abuse

Tmr how?

Posted by blahbleh > 2015-07-12 20:17 | Report Abuse

Likely to go up. Global market sentiment is good. More upswing.

Posted by hissyu2 > 2015-07-12 23:22 | Report Abuse

below 90cents then fast fast buy more lo~~ but i bet it will go up instead

Posted by saltedfish > 2015-07-13 00:25 | Report Abuse

I will be very wary about this counter....

Posted by 8wpwtmt8 > 2015-07-13 03:57 | Report Abuse

Greece debt crisis: Athens offered 'temporary Grexit' if no deal - live updates

The proposal on the table would force Greece to vote through sweeping changes by Wednesday night. Or, it would be offered a ‘temporary Grexit’; an opportunity to restructure its debts.
13/07/2015 03:55

Posted by 8wpwtmt8 > 2015-07-13 04:14 | Report Abuse

Demonstrators are gathering in central Athens tonight to protest against fresh austerity measure being imposed on Greece:

Posted by Ravi Kumar > 2015-07-13 05:30 | Report Abuse

Ha3 one lesson people should remember for the past 3 weeks thanks to Greece and China people made a lot of money thanks to the negativity

Posted by joel > 2015-07-13 05:54 | Report Abuse

Institutional funds have been buying into Mieco since June 22.
当时(June 22,2015) MIECO的股价：
Open: rm0.65
Hi: rm0.67
Closed: rm0.665
Vol (’00) = 5632
一至到Jun 30 until July 10, 2015
Vol (“00) started increased from 20,009 to 207,904

就以June 22 开始, rm0.665 到今天RM0.94
股价升了大约41.35% .
这还没真真计算Institutional funds购入after June 22，2015
Range with rm0.70-rm1.01:
Assume that Institutional funds averaged price might at rm0.80,okay, 那就合理的上涨了17.5%
（rm0.94-rm0.80 /0.80 x 100% = 17.5%）
(Institutional funds have been buying into Mieco since June 22. )

如果您是FUND MANAGERS，会怎样做？
我呢，就会再购入和握住MIECO until next coming QR/接下来的3个QR。
说不定LTH / KWAP 会join到那时。
Immediate Resistance level for Mieco (valuation: 0.9; fundamental: 0.65) at RM1.46.

从JUNE 22 开始的话，Mieco股价真真BULLISH 发生在July 09， 2015。
其他的天数股价波动正面。除了July 08，2015。
说实在的啦，Profit Taking/Consolidation price 几乎每天都发生：
（分2种：green & red ）

就看看July 07 – July 10 ，2015。
July 07： Open:rm0.805 Hi:rm0.875 Closed: rm0.845
(没有ProfitTaking吗？自己仔细想想.)

July 08 : Open:rm0.845, Hi :rm0.865 , Closed :rm0.805

July 09: Open:rm0.80, Hi: rm0.925, Closed:rm0.92
(大多数握住,但是也有Profit Taking 的。)

July 10: Open:rm0.93, Hi: rm1.01 & Closed: rm0.94

（这一天很明显已经很多Contra kakis@ProfitTaking，包括July 09的。）

Normally, 通常都会ProfitTaking在最后的第三个星期Before Hari Raya Aidifitri 发生。
(买好过年东西就回家乡，而且在最后第二天与最后一天（Ramaddan 28，29）家里很热闹)
别太在意你购入的价位，得知道你购入的公司前景。

Mieco Chipborad is the same industry as Heveaboard/Evergreen
(相信大家都懂)
Purnama Kuantum 私人有限公司目前已购入总1亿1919万股-
单一大股东@56.76%. (私有化可能性介于65%-70%。)
（公布日期为27 Jan 2015 in Bursa Malaysia: 试想想下，发生在1st QR公布之前的. ）

Market Capital (RM) : 197.40m
EPS (cent) : 11.75 *
P/E Ratio : 8
Par Value (RM) : 1.000
NTA (RM) : 1.32
Net Gearing: 32.7%
Revenue rose: 6.3%

1.Hidden divegent formational confirm the uptrend will continue RSI was reversing more than 50.
3. MACD 的黑线在红线之上!
2.A very bullish implication STOCHASTIC cross over is given BUY signal.
3.Enjoys Higher Local Chipboard Demand & Stronger Furniture Exports.
4. 今天2015升息is likely！强势美元将会继续是未来趋势！
5.But also from abroad last quarter result shows some similarity with Evergreen.
6.MIECO•A Good turnaround!
7.Better performance in the coming QR.

Posted by kmohan62 > 2015-07-13 08:01 | Report Abuse

This stock will be playing catch up with Evergreen as the latter is currently in over bought and over valued position..still a lot of upside potential...TP RM 1.20..

Posted by anonymousinvestor > 2015-07-13 09:19 | Report Abuse

=)

Posted by hissyu2 > 2015-07-13 11:38 | Report Abuse

hissyu2 below 90cents then fast fast buy more lo~~ but i bet it will go up instead
12/07/2015 23:22

no more cheap cheap shopping... LOL~~

Posted by kmohan62 > 2015-07-13 13:56 | Report Abuse

Those who missed the Evergreen boat is given a second chance in the form of this stock..still plenty of upside potential..

Posted by joel > 2015-07-13 14:49 | Report Abuse

looking at rm1.05 today.

Posted by Ravi Kumar > 2015-07-13 15:09 | Report Abuse

@hockhuat Again I must say you were WROZNG!!!!

Posted by hissyu2 > 2015-07-13 15:52 | Report Abuse

kmohan62, i am gonna to stalk you moving forward... though you were not suggesting this counter before(i saw you were suggesting evergrn previously, so i started to look at the furniture/chipboard counter)

Posted by hissyu2 > 2015-07-13 15:54 | Report Abuse

joel, you are my stalking target also... LOL... if no mistake, i looked this because of your comment about flbhd(and yes, i bought flbhd and homeriz!!)

Posted by joel > 2015-07-13 16:10 | Report Abuse

RM1.05说不定今天可达。

Posted by kmohan62 > 2015-07-13 16:11 | Report Abuse

It looks like this stock may meet my TP of RM 1.20 before the start of next quarter...!! Still there's upside potential...

Posted by joel > 2015-07-13 16:16 | Report Abuse

rm1.04的selling vol must clear 就能过rm1.05。

Posted by joel > 2015-07-13 16:19 | Report Abuse

RAYA (Ramaddan 29)之前来到rm1.20 的机会很大！

Posted by kwl8888 > 2015-07-13 16:21 | Report Abuse

Just worry that Bursa will issue UMA to spoil the uptrend party!

Posted by joel > 2015-07-13 16:26 | Report Abuse

Uma 该不会，为什么？
因为：An official from the company had dismissed the speculation, saying the share price movement was due to market forces.
健康成长-MIECO。

Posted by joel > 2015-07-13 16:28 | Report Abuse

希腊的问题settle juz now。
欧元走高！
最新的！FB got news！

Posted by joel > 2015-07-13 16:30 | Report Abuse

Price to reach today maybe at RM1.10.

Posted by joel > 2015-07-13 16:38 | Report Abuse

不要卖，去买MIECO。

Posted by joel > 2015-07-13 16:40 | Report Abuse

明天应该波动于rm1.10-1.20@MIECO.

Posted by LordJDHighest > 2015-07-13 16:40 | Report Abuse

Syf will be the next mieco,dun miss it!

Posted by joel > 2015-07-13 16:44 | Report Abuse

时间剩下13分钟左右to buy MIECO。

Posted by LordJDHighest > 2015-07-13 16:51 | Report Abuse

Syf broken downtrend, cheaper entry compared to mieco, gogogo