Posted by rqsh > 2014-05-21 15:00 | Report Abuse

Uptrend will be around 9.35 closing worth to invest.

Posted by KJ Cheah > 2014-05-21 15:10 | Report Abuse

at least one more uptrend wave later !

Posted by KJ Cheah > 2014-05-21 16:24 | Report Abuse

oh boh lat

Posted by 林俊松 > 2014-05-21 20:15 | Report Abuse

Potential to hit RM1.47 like Pelikan ma?

Posted by KJ Cheah > 2014-05-21 20:23 | Report Abuse

pelikan is goreng counter with PE = -121.93

Posted by ppginvest > 2014-05-21 20:29 | Report Abuse

Potential Pelikan continue dropping till the same level or below than current SILKHLD?

Posted by 林俊松 > 2014-05-21 20:30 | Report Abuse

What is the tp for Silkhld?

Posted by rqsh > 2014-05-21 23:20 | Report Abuse

rm1 by this week

Posted by Risk Trader > 2014-05-22 00:49 | Report Abuse

Just buy...everyday make money for contra gain...TP rm1.50 is very soon

Posted by ayam_dara > 2014-05-22 08:51 | Report Abuse

If it breaks 0.90 then it can go higher. Hopefully by this week or next. The volume looks very promising.

Posted by rqsh > 2014-05-22 08:57 | Report Abuse

I am in holding my shares until reach RM 1.22 EXPECTED BY NEXT WEEK

Posted by bovun2014 > 2014-05-22 10:17 | Report Abuse

clear all 0.88 160k. will buy around 0.80

Posted by jackytheman > 2014-05-22 10:17 | Report Abuse

sell down liow ... luckily sold all.

Posted by sklyte > 2014-05-22 10:18 | Report Abuse

faster sell if you contra dont kacao

Posted by jackytheman > 2014-05-22 10:21 | Report Abuse

I didn't contra ... holding since feb. 2014
haha... was waiting for 1.00 ....but instint told me sell . sold all liow haha

Posted by jackytheman > 2014-05-22 10:22 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1628697

Posted by sklyte > 2014-05-22 10:24 | Report Abuse

k, got profit just take for you lor, i am looking beynod rm1, exciting times ahead next 6 months

Posted by 林俊松 > 2014-05-22 15:18 | Report Abuse

Kapal sudah tenggelam?

Posted by ppginvest > 2014-05-22 16:22 | Report Abuse

yeh, happy lim?

Posted by sosfinance > 2014-05-22 18:13 | Report Abuse

SILK went up from 64 sen to 88 sen in 10 days (37.5%). During the same period, SILK announced, a contract of RM22m, private placement at 72.5sen, disposal of 1.0m shares by Dato' Azlan (less than 1% of his holding).

The question is not whether such news cause the increase, it is more important if the news improved drastically the fundamental of the company. From what I can see, yes, the contract is a positive to the profits, and the private placement also improve gearing (which will reduce the funding costs).

The sharp increase, in price, comes together with the volume. The increase is too fast and naturally, it will consolidate a short while before moving further. So, it could be a good time to take some profits, and reenter when it falls back say to about 76sen. Just a thought.

Posted by KJ Cheah > 2014-05-23 11:26 | Report Abuse

got to say dangerous zone again !!

Posted by lee9fold > 2014-05-23 11:27 | Report Abuse

no...i will collect more and more and more :D

Posted by rqsh > 2014-05-23 11:46 | Report Abuse

Afternoon start to takeoff now refuelling.

Posted by lcqs > 2014-05-23 11:48 | Report Abuse

up up up

Posted by rqsh > 2014-05-23 11:51 | Report Abuse

GOGOGO

Posted by rqsh > 2014-05-23 11:54 | Report Abuse

LAST CALL NOON NOW

Posted by 4u2c > 2014-05-23 15:01 | Report Abuse

looks like game over......consolidating 20 mil project over 400 mil(their yearly revenue) is so so only..This share got potential

Posted by Eskay > 2014-05-23 23:09 | Report Abuse

Next week will continue uptrend

Posted by 4u2c > 2014-05-24 01:41 | Report Abuse

why u so sure ?

Posted by bovun2014 > 2014-05-24 11:19 | Report Abuse

The downtrend risk is higher than uptrend as the price already upped 30%....

Posted by KJ Cheah > 2014-05-24 11:58 | Report Abuse

sold. will in the game again at lower price if possible

Posted by lee9fold > 2014-05-24 12:38 | Report Abuse

next wk will trend higher :D
see u all at rm1

Posted by johnny cash > 2014-05-26 09:54 | Report Abuse

Silk Holding (SIB MK)
Technical BUY on pullback with +25.0%
potential return
Last price : RM0.845 (RM0.780~RM0.820)
Target Price : RM0.905, RM1.00
Support : RM0.780
Stop-loss: RM0.750
BUY on pullback with a target price of RM1.00
with stop loss placed below RM0.750. Given
our earlier BUY call at RM0.735 on 15 May 14,
SIB has exceeded our initial target of RM0.870
before dipping lower over a normal pullback.
Despite the current weaknesses, we remain
positive over the medium-term outlook, thus
the current pullback can be perceived as
opportunities to buy on lower risk. A bearish
crossover in stochastic along with dwindling
volume in the past 3 days signal less buying
interest. We expect SIB to make a “return
move” to the immediate support of RM0.780.
Investors may accumulate in the RM0.78-0.82
regions with the expectation that the trendline
would remain above the 50.0% Fibonacci
retracement level.

Posted by rqsh > 2014-05-26 10:11 | Report Abuse

This counter will be above 0.900 after lunch, JUST WENT IN 0.865 ALL THE BEST!!!

Posted by ppginvest > 2014-05-26 16:25 | Report Abuse

dear rqsh, once you bought in, do not sell ok, even it drops a bit...

Posted by annie24 > 2014-05-27 14:18 | Report Abuse

any luck of it going up

Posted by lee9fold > 2014-05-27 14:46 | Report Abuse

luck? then u better dont buy :D

Posted by Alex Lee > 2014-05-27 19:29 | Report Abuse

IJM to buy SILK highway 398m?.

Posted by sklyte > 2014-05-27 20:14 | Report Abuse

stupid SILK! why sell so cheap? 400million for highway only? should be worth 500m minimum!

Posted by LTInvestor > 2014-05-27 20:19 | Report Abuse

tomorrow price double

Posted by Eskay > 2014-05-27 20:25 | Report Abuse

Maybe less corruption that is why cheaper....about rm10.8 mil per km ....

Posted by calvintaneng > 2014-05-27 20:41 |

Post removed.Why?

Posted by sunztzhe > 2014-05-27 21:20 | Report Abuse

The passenger traffic in the SILK highway had been increasing and will increase further and that means increasing recurring income over time due to the massive mass housing cum commercial property development projects in Kajang by MKH, Gamuda, Mah Sing and other developers. The latest news is not positive for SILKHLD as its fundamental is going to change soon.

The latest quarterly results for MKH is fantastic and it is better to sell SILKHLD now and wait for opportunity to buy MKH on weakness.

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

the highway is worth more than market cap, unlock the value, now purely osv player, can have rerating in future years, was pissed they sold at SO CHEAP!!! RM398m? got so dumb or not? the highway tol rate scheduled to increase on july to RM1.80, and potentially sukuk interest to be revised down to 6% on jan 2015.. i am speechless.. they just reduce a RM2 company to RM1.20 just like that...

Posted by sklyte > 2014-05-27 21:51 | Report Abuse

tomorrow limit up showwwwww.. highway = market cap

OSV worth 300million come on...guysss, do the math

Posted by sosfinance > 2014-05-27 23:07 | Report Abuse

Prices and fundamentals do not react in linear way. That is why we have some stocks which are undervalued. Looking at its gearing, Silk is under pressure to clear its current liabilities, after it spends about RM140m buying new OSVs and increasing its equity in some of the OSVs. Their cash position is unable to clear the current outstanding loan of RM149m.

So, interesting, lets see what happen tomorrow.

Posted by bovun2014 > 2014-05-27 23:26 | Report Abuse

398-149 (liabilities) = 249 mil. / 330mil share = 75 cents capital refund. With current 85cents, means u pay 10 cents with 21 osv

Posted by iafx > 2014-05-27 23:33 | Report Abuse

there is long term borrowing 889m. the mgmt. shouldn't sell the concession at such price... probably the co. urgently needs cash.

Posted by eddyng3300 > 2014-05-27 23:35 | Report Abuse

What should be the price, anyone can help to work it out?

Posted by sunztzhe > 2014-05-27 23:46 | Report Abuse

PETRONAS CEO, about 2 months ago, had cautioned that OSV rates will only go down in future as the supply is more than the demand. Unless SILKHLD value adds and differentiates its O&G business, future earnings will be just be average if based purely on OSV business prospects. To value add and differentiate its O&G business it needs a new business strategy, time to execute strategy and more capital investment to support the strategy that can truly add higher value to its O&G biz. At the moment its just OSV biz.