Posted by kmohan62 > 2015-07-15 09:44 | Report Abuse

Those who missed the boat earlier on this counter..time to take a plunge...perfect time to accumulate on the dip..

Posted by James Bond > 2015-07-15 09:48 | Report Abuse

why all furniture stocks moved up edi except this one ???

Posted by sbg3106 > 2015-07-15 09:51 | Report Abuse

this one already moved so much you said no move?

Posted by kmohan62 > 2015-07-15 09:52 | Report Abuse

James Bond,this counter at the cusp of taking off...time to take position.

Posted by kwl8888 > 2015-07-15 09:52 | Report Abuse

Mieco had been up from 0.75 on 3 July till 1.13 on 14 July,
already up 50%, should take a rest before break new high.
No share can straight up without drop.

Posted by kentrade888 > 2015-07-15 10:13 | Report Abuse

Write a comment..mieco tp :2

Posted by samyen01 > 2015-07-15 10:41 | Report Abuse

Can Mieco break 1.20 today?

Posted by Sohai > 2015-07-15 11:19 | Report Abuse

Raya am pao!!!!!!

Posted by chy72 > 2015-07-15 11:21 | Report Abuse

投資，可別追逐短暫的眼前利，因小失大

面對趨勢向上的金融市場，若是盲目追求短線獲利，往往錯失長線的大行情。

Posted by weechin53 > 2015-07-15 12:07 | Report Abuse

Mieco may make a big return after Raya?! Who knows?

Posted by chy72 > 2015-07-15 12:07 | Report Abuse

evergreen still strong....1.78.....mieco profit taking.....consolidation stage

Posted by joel > 2015-07-15 12:27 | Report Abuse

Exactly,weechin53!

Posted by 8wpwtmt8 > 2015-07-15 12:43 | Report Abuse

TP according to my sifu is 1.60+++

Posted by 8wpwtmt8 > 2015-07-15 12:50 | 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 8wpwtmt8 > 2015-07-15 12:52 | Report Abuse

I would like to recommend Mieco to buy, it is worth to buy and hold until the next quarter result is out on 22 August 2015.

Posted by chy72 > 2015-07-15 12:54 | Report Abuse

agree with 8wpwtmt8....i am waiting to ad more at 1.05

Posted by sell > 2015-07-15 13:26 | Report Abuse

RHB latest TP 77sen overshoot now. If buy now and drop below 80sen how?

Posted by 8wpwtmt8 > 2015-07-15 14:10 | Report Abuse

Last price : RM1.06
Target price : RM1.18, RM1.24
Support : RM0.75
Stop loss : RM0.745

BUY with a target price of RM1.24 and stop loss at below RM0.745. Based on our last BUY call on 9 Feb 15, MIECO had hit our targets of RM0.615 and RM0.725. Currently, MIECO continues to form higher highs and higher lows on the daily chart. This bullish pattern is supported by positive readings in the RSI accompanied by higher trading volumes. Currently, the DMI shows buying momentum overcoming selling momentum. We peg our new targets at RM1.18 and RM1.24 in the near term.

Expected Timeframe: 2 weeks to 2 months

Source: UOB Kay Hian Research - 10 July 2015

Posted by 8wpwtmt8 > 2015-07-15 14:18 | Report Abuse

Hevea can perform, no reason Mieco cannot.

Posted by chy72 > 2015-07-15 15:21 | Report Abuse

Add more at 1.05...hold until August q report out

Posted by chy72 > 2015-07-15 15:28 | Report Abuse

Too many contract kski this counter compare with evergteen

Posted by chy72 > 2015-07-15 15:43 | Report Abuse

i sold evergreen liao.....

Posted by chy72 > 2015-07-15 15:44 | Report Abuse

prepare fund to buy more for mieco

Posted by joel > 2015-07-15 15:44 | Report Abuse

helo, sahabat sell.
Rhb itu sudah 2 minggu yang lepas,
Rhb below update for Mieco.

哈罗，8wpwtmt8,
距离这个8月的QR 只剩下短短的4-5个星期而已。
这期间我本人看上RM1.60.

Posted by chy72 > 2015-07-15 15:48 | Report Abuse

joel do u have new 1?

Posted by joel > 2015-07-15 15:57 | Report Abuse

My remisier ask and advice me to buy for SIMPAN MIECO share
in this coming QR and following QR too.
It will be great performance in next QR.

Posted by joel > 2015-07-15 15:58 | Report Abuse

My remisier worked in RHB Investment Bank, Petaling Jaya.
I had been follow him 7-8 years ago.

Posted by chy72 > 2015-07-15 16:08 | Report Abuse

JOEL u tak takut meh...peole keep selling if keep droping 2 days liao...nobody berani buy liao...u remisser still ask u to buy?

Posted by joel > 2015-07-15 16:10 | Report Abuse

to hold,
bcos last week I bought already.

Posted by querries > 2015-07-15 16:16 | Report Abuse

joel, I ady bought at RM1.1, so how do u think. should hold until next quarter, will it up above rm1.1 before September?

Posted by chy72 > 2015-07-15 16:17 | Report Abuse

ME TOO I BOUGHT IN 0.80..STILL HOLD... A lot of my friend sell it liao...and they are ready buy back below 1.00 since very strong profit taking

Posted by chy72 > 2015-07-15 16:18 | Report Abuse

so they call me hero.....dun know take profit since if drop

Posted by joel > 2015-07-15 16:27 | Report Abuse

HOLD.

Posted by joel > 2015-07-15 16:33 | Report Abuse

August 2015 的QR是计算以4月-7月的生意。
RINGGIT vs US$ 在那期间对MIECO 的结对利好！

Posted by joel > 2015-07-15 16:36 | Report Abuse

学校开学后的HARIRAYA 该会bullish。

Posted by joel > 2015-07-15 16:39 | Report Abuse

三兄弟Hevea, Evergrn & Mieco 都在调整着股价。

Posted by chy72 > 2015-07-15 16:40 | Report Abuse

add some at 1.04 will hold it until next q

Posted by joel > 2015-07-15 16:43 | Report Abuse

其实你们清楚自己买的股吗？
国际油价至少两年都不会升回US95-100。
Ringgit 走软是肯定的，
木材股出口肯定受惠。

Posted by joel > 2015-07-15 16:46 | Report Abuse

我们现在都在RAYA mood 了啦。
很多人都拿假期会家乡过年。
在HIGHWAY了，少数人在买卖了。
下个星期啦。

Posted by chy72 > 2015-07-15 16:47 | Report Abuse

hope tomolo will be round back to 1.07

Posted by joel > 2015-07-15 16:49 | Report Abuse

Wish to back rm1.10-1.15。

Posted by chy72 > 2015-07-15 16:55 | Report Abuse

are we all stupid?????my frieng laught me....hai so sad....

Posted by ethan1986 > 2015-07-15 16:57 | Report Abuse

suddenly Today drop a lot n like going to downtrend..worst upcoming for this counter?

Posted by kwl8888 > 2015-07-15 16:58 | Report Abuse

目前的经济情况不乐观，
政治局势也不明朗。
我觉得还是采取逢高套利，逢低买进。
保留现金，等熊市时才买进。
Mieco 在两个星期内涨了超过50%，
可能这一轮的涨潮要结束了。

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

From a person :erkongseng.

面對趨勢向上的金融市場，
若是盲目追求短線獲利，
往往錯失長線的大行情。
以定期定額紀律投資，
克服人性貪婪，
才是細水長流的投資之道。

所以就对啦，
MIECO ，Hevea， Evergrn 应该要有Consolidation price。
有些人认为涨酱多了，其实每个人看的角度不一样。
没有错于对。

Posted by chy72 > 2015-07-15 17:11 | Report Abuse

Yes..i same with you...but most of my friend said 采取逢高套利，逢低买进.miecho的涨潮要结束了

Posted by chy72 > 2015-07-15 17:13 | Report Abuse

today still add some at 1.04..........a little worry...hope i AM NO WRONG.

Posted by chy72 > 2015-07-15 17:14 | Report Abuse

will hold until next q see how.....another 2 week...hope i am no worong

Posted by kwl8888 > 2015-07-15 17:22 | Report Abuse

There is no right or wrong in buying shares.
Mieco is good fundamental share, no worry.

Posted by ChartMaster > 2015-07-15 17:32 | Report Abuse

Today is T+3, all contra was well absorbed. tomorrow will continue it's uptrend.