Posted by 4u2c > 2014-05-18 16:30 | Report Abuse

will take longer to mature.Will not buy in at this price...Good luck to u folks !

Posted by jackytheman > 2014-05-19 12:17 | Report Abuse

Ghost just sold all at 0.83 ... and it jump .
:(

Posted by sosfinance > 2014-05-19 15:30 | Report Abuse

I was writing about SILK when it was around 61.5sen about a month or so. SILK has been moving up a bit fast lately. Two new developments are the private placements and one of the vessel was contracted with oil major for 2 years.

If it follow the script, it should goes up 6 sen a month, now it has moved 24 sen in one month. Faster than I thought. Valuation wise, remains, should reach 120 sen in 2-3 years time.

Posted by lee9fold > 2014-05-19 16:03 | Report Abuse

good analysis sos... appreciated ;)

Posted by FPCInvestor > 2014-05-19 16:32 | Report Abuse

stil can enter?

Posted by ayam_dara > 2014-05-19 16:37 | Report Abuse

still can.. price just break out.. volume doubled

Posted by sklyte > 2014-05-19 16:38 | Report Abuse

2-3 years time, too old already la bro, what kind of valuation you are using?

silk highway will turn profit next year, thus improving margins and also sukuk will be expiring next year, restructure for a 100-150 basis point will have this highway value at above RM600m +OSV 200m = 800m / 660m shares = 1.30 6 months TP, 2-3 years LOL

Posted by DaitoRyu > 2014-05-19 16:39 | Report Abuse

Enter now if you want to lose money!

Posted by jackytheman > 2014-05-19 16:46 | Report Abuse

why this counter go up and down? funny ... can buy ??? just sold 0.83 few hundred k

Posted by jackytheman > 2014-05-19 16:46 | Report Abuse

in fact sold all

Posted by jackytheman > 2014-05-19 16:46 | Report Abuse

range from 0.83 to 0.845

Posted by ayam_dara > 2014-05-19 18:23 | Report Abuse

Its breakout time. Surpass previous high. Now is d time to go in.

Posted by sklyte > 2014-05-19 18:24 | Report Abuse

good those contra, faster get out, dont stop this counter from reaching rm1

Posted by rqsh > 2014-05-19 20:58 | Report Abuse

Tomorrow I will Q to buy Silk and looking the current market this counter can worth a try.Early bird catches the worm!

Posted by Eskay > 2014-05-19 21:54 | Report Abuse

Can finally smell rm1.00 coming soon

Posted by Tom > 2014-05-20 01:37 | Report Abuse

???? ?? ? ? ? ???

Posted by rqsh > 2014-05-20 08:52 | Report Abuse

try to top up on this counter. early bird no regret

Posted by rqsh > 2014-05-20 09:36 | Report Abuse

Its now 0.830

Posted by sunztzhe > 2014-05-20 09:38 | Report Abuse

Uptrend is intact , gaining more traction n moving up steadily

Posted by sunztzhe > 2014-05-20 09:40 | Report Abuse

Resistance of 78 cents had been taken out, moving steadily UP

Posted by ayam_dara > 2014-05-20 10:58 | Report Abuse

Yesterday institution buyers only comes after 2:30 pm

Posted by lee9fold > 2014-05-20 11:01 | Report Abuse

every dips is a buying opportunity now...those who missed earlier must not miss it this time :D

Posted by KJ Cheah > 2014-05-20 11:41 | Report Abuse

dangerous zone now !

Posted by lee9fold > 2014-05-20 11:55 | Report Abuse

dont simply say dangerous :D

Posted by KJ Cheah > 2014-05-20 15:20 | Report Abuse

lai liao!

Posted by Eskay > 2014-05-20 18:53 | Report Abuse

Building a good base around rm0.81 level....will go up higher from now....good news coming ......looking at rm1.00 minimum

Posted by IniKaliLah > 2014-05-20 23:39 | Report Abuse

Tomorrow will break to above 0.90 cent

Posted by lee9fold > 2014-05-20 23:45 | Report Abuse

surely will go above rm1 :D

Posted by rqsh > 2014-05-21 00:32 | Report Abuse

Will top up again tomorrow look positive and can follow through all time high again.Dont miss it!

Posted by Eskay > 2014-05-21 06:46 | Report Abuse

Just the value of the hi way itself will justify a higher valuation for this counter.

Posted by rqsh > 2014-05-21 09:47 | Report Abuse

Get onboard heading for 1.00 very positive

Posted by rqsh > 2014-05-21 10:13 | Report Abuse

Calling for takeoff by this week Rm1.00+ uptrend. Dont missed this.

Posted by sosfinance > 2014-05-21 10:39 | Report Abuse

It is very difficult to explain for such a sharp rise from 60 sen to 88 sen. 47% up in less than 2 months. I expect it to go up 100% in 24-36 months. Hmmmm…….a lot faster than I thought. Happy problem.

Posted by lee9fold > 2014-05-21 10:43 | Report Abuse

base on TA...rm1 achievable soon :D

Posted by rqsh > 2014-05-21 12:03 | Report Abuse

After lunch one horse back will be 0.920+.now or never.

Posted by sklyte > 2014-05-21 12:27 | Report Abuse

sosfinance, your expectation is too low, 24-26 months? i already told you, damn alot of exciting things going to happen in the next 6 months, debt restruturing could reduce its debt to 6-6.5%, which is almost a contribution of 10m to PAT, how about the tol rate increase ? that is 40% up growth, the highway itself is worth mroe than the current market cap, OSV operation and those ships are free for you!

Posted by sklyte > 2014-05-21 12:28 | Report Abuse

give silk 2 years time, it is worth RM2, sorry to say this, not 1.20, please work your model/math carefully

Posted by KJ Cheah > 2014-05-21 13:21 | Report Abuse

hope it can break 0.90 after lunch

Posted by kassimSave > 2014-05-21 13:22 | Report Abuse

sklyte no toll ma!

Posted by lee9fold > 2014-05-21 13:25 | Report Abuse

kj cheah i tot u say dangerous previously?

Posted by air01557 > 2014-05-21 13:26 | Report Abuse

can buy now - TP 1.00

Posted by KJ Cheah > 2014-05-21 13:29 | Report Abuse

lee9fold: yes and luckily i still hold it since dangerous zone

Posted by lee9fold > 2014-05-21 13:30 | Report Abuse

kj cheah...its not dangerous at all...it will go all the way until rm1 :D

Posted by KJ Cheah > 2014-05-21 13:38 | Report Abuse

ok let's hold tight together !

Posted by 林俊松 > 2014-05-21 14:15 | Report Abuse

When I buy, u drop, I when I sell, u up.
So shit~

Posted by calvinwky168 > 2014-05-21 14:28 | Report Abuse

Silk: Awarded MYR22m contract. Silk Holdings Bhd's subsidiary Jasa Merin (Malaysia) Sdn Bhd has won a contract by Carigali Hess Operating Company Sdn Bhd for the provision of one unit of straight supply vessel for MYR22.92m. The contract, which commenced on May 12, 2014, is for a primary term of two years with three extension options of one year each at the discretion of Carigali Hess. (Source: Bursa Malaysia

Posted by lee9fold > 2014-05-21 14:29 | Report Abuse

lim, u reli tak boleh :D

Posted by calvinwky168 > 2014-05-21 14:30 | Report Abuse

Private placement of 30mil new shares.
On behalf of the Board of Directors of SHB, AFFIN Investment Bank Berhad wishes to announce that the issue price of the new ordinary shares of RM0.25 each in SHB has been fixed at 72.5 sen per Placement Share. The issue price of 72.5 sen per Placement Share represents a discount of approximately 9.4% to the 5-day volume weighted average market price of SHB Shares up to and including 19 May 2014 of 80.06 sen each.

This announcement is dated 20 May 2014.

Posted by calvinwky168 > 2014-05-21 14:38 | Report Abuse

Above 2 are major factors to Silk share movements lately.
Once this extra 30million on the market, price will consolidate due to enlarged capital and dilution of eps.
Nothing to worry.
Some big fish (institutional investor) willing to pay 0.725/ share, speaks volume of Silk growth prospect.
When I said months ago, drop more just buy. It was a no brainer.

It is still the same. Drop more, buy.

Posted by lee9fold > 2014-05-21 14:40 | Report Abuse

calvin, well said :D