Posted by thenewbee > 2017-06-06 16:29 | Report Abuse

i don look it in this way, this counter dont need catalyst to push up the price, this is a big fund counter, only big fund institution can push the price up, speculators, ikan bilis like us can only afford to buy warrant. A growing stock will always trend up slow and steady, to acquire more fund for bigger projects, they will have to push up the price eventually. Imagine the volume traded, how much worth money was that. Can people like us afford to push it up, even 100 i3 sifu also cannot push up the price much. Technical point of view, symmetrical triangle and double bottom is forming which is a good sign of upward trending. It should trend up at the support price of 7.09-7.15

Posted by wiki123 > 2017-06-06 16:38 | Report Abuse

have faith my friend, my other blue chip tenaga also moved, almost give up after wait so long... so this could be next... :)

Posted by thenewbee > 2017-06-06 16:43 | Report Abuse

always have faith in my picks. Need some positive energy to cheer up myself only haha

Posted by omnigunk > 2017-06-06 17:13 | Report Abuse

Yes, I hold Tenaga almost 1 year also no movement now suddenly moved.

Posted by thenewbee > 2017-06-07 10:16 | Report Abuse

syndicate having fun agian

Posted by thenewbee > 2017-06-07 10:16 | Report Abuse

might push beyond 7.25 today

Posted by thenewbee > 2017-06-07 11:46 | Report Abuse

sapu some c10

Posted by gabriel1985 > 2017-06-07 12:01 | Report Abuse

Still below 7.2, interesting.

Posted by wiki123 > 2017-06-07 12:30 | Report Abuse

how do you know? thx

Posted by thenewbee > Jun 7, 2017 10:16 AM | Report Abuse

might push beyond 7.25 today

Posted by thenewbee > 2017-06-07 12:36 | Report Abuse

based on chart @wiki, volume is suspicious, afternoon should have some action. bullets ready now

Posted by wiki123 > 2017-06-07 17:14 | Report Abuse

the thing to watch is 7.18. So far anything below 7.18 gets eaten up very fast and close at 7.2 and above.

Posted by thenewbee > 2017-06-07 18:36 | Report Abuse

if price goes beyong 7.20 will be eaten down fast also. they want to hold the price at 7.15-7.20. As long as it doenst go below this range. the stock uptrend intake is ongoing

Posted by omnigunk > 2017-06-08 11:05 | Report Abuse

I'm ready to double my current exposure if the price goes down any further.

Posted by wiki123 > 2017-06-08 11:46 | Report Abuse

maybe wait for after britain election and FBI testimony today first... wonder where is tkp2?

Posted by thenewbee > 2017-06-08 12:16 | Report Abuse

hehe this stock only main by omnigunk, wiki, tkp2 and me hahahaahah. can we organize a gay party of 4 when c9 touches 0.2

Posted by thenewbee > 2017-06-08 12:18 | Report Abuse

morning star will be formed if pchem can close higher today or tomorrow https://www.google.com.au/search?q=a+rising+star+in+technical+analysis&rlz=1C1CHZL_enAU746AU747&source=lnms&tbm=isch&sa=X&ved=0ahUKEwj_6LuMsq3UAhVHjLwKHT2HCqAQ_AUICygC&biw=1536&bih=759#imgrc=yjeZ4H8oKR4E4M:

Posted by wiki123 > 2017-06-08 14:36 | Report Abuse

lotte titan chemical next week to officate IPO activity. they will make sure pchem cannot go down... else cannot fetch good premium....

http://www.sinchew.com.my/node/1650795/%E4%B9%90%E5%A4%A9%E5%8C%96%E5%AD%A6%E5%A4%A7%E8%85%BE%E4%BC%A0%E4%B8%8B%E5%91%A8%E5%90%AF%E5%8A%A8%E9%A9%AC%E8%82%A1ipo

http://www.thestar.com.my/business/business-news/2017/06/03/lotte-chemical-titan-said-to-draw-pnb-to-rm59bil-ipo/

Posted by thenewbee > 2017-06-08 15:51 | Report Abuse

goof info wiki

Posted by omnigunk > 2017-06-08 15:52 | Report Abuse

Sure looks like morning star. Add more at C9 at 0.12.

Posted by thenewbee > 2017-06-08 16:08 | Report Abuse

have faith boys, the patience we had will give us fruitful outcome, once it burst out from triangle it will be smooth uptrend all the way to 7.5-8 range

Posted by wiki123 > 2017-06-14 13:07 | Report Abuse

long time didn't hear from bro tkp2... maybe on vacation?

Posted by thenewbee > 2017-06-14 16:46 | Report Abuse

finally close higher than 7.2 , break out from triangle plz

Posted by wiki123 > 2017-06-14 17:13 | Report Abuse

yes, macd also going to cross positive...

Posted by thenewbee > 2017-06-14 18:21 | Report Abuse

wiki, let's pray hard kiki

Posted by tkp2 > 2017-06-15 08:52 | Report Abuse

hi bros, you guy still here, good good, i am still holding lah, play Insas-wa last 2 weeks, with profit from Insas, i am comfortable to hold PCHEM for a while

Posted by wiki123 > 2017-06-15 09:06 | Report Abuse

bro tkp2, tot you already on vacation from the profit you made earlier this year... good to know you still in the game :)

Posted by thenewbee > 2017-06-15 10:04 | Report Abuse

the game never stop lmao

Posted by wiki123 > 2017-06-15 10:17 | Report Abuse

pchem wanted to breakout from the triangle today at 7.27, but faced some pulldown... hopefully with bigger volume can push up and sustain...

Posted by thenewbee > 2017-06-15 10:35 | Report Abuse

the volume that buy above 7.25 is tiny, lol. Not even attempted to breakout from there, they are stil lholding at the same range. HAiz

Posted by wiki123 > 2017-06-15 10:45 | Report Abuse

just got this info from my broker screen - direct business transaction info PCHEM-C10... 100000 C10 0.135 transacted...

Posted by thenewbee > 2017-06-15 10:49 | Report Abuse

what does that mean wiki? c10 is only at 0.1 now

Posted by wiki123 > 2017-06-15 10:53 | Report Abuse

don't know... maybe it's a direct transaction between buyer and investment bank? Have to ask someone who knows this thing...

Posted by thenewbee > 2017-06-15 10:58 | Report Abuse

there are so much c10 under 0.135 in the market now, why would buyer need to buy at a so much higher price from the investment bank, doenst make any sense

Posted by wiki123 > 2017-06-15 11:10 | Report Abuse

everyday the volume on C10 is very high... created by market maker?

Posted by thenewbee > 2017-06-15 11:12 | Report Abuse

even the mothr share also played by syndicate only lo. . went down to 7.16 quickly eaten back up. Collected not enough warrant meh. now premium only 3% for both warrant, if move now, they can earn a lot

Posted by wiki123 > 2017-06-15 11:25 | Report Abuse

you mean C10 everyday volume so high is bcoz they are collecting them?

Posted by thenewbee > 2017-06-15 11:31 | Report Abuse

suspecting, press down a while to collect and push back up everyday. WEll i have seen a lot of stocks behaving like that, but this happened for too long, if they are going to push, it will be a crazy one. Mark my word, if it can surpass 7.3, we will see it touch 8. If it doesn't means we are at risk

Posted by thenewbee > 2017-06-15 11:37 | Report Abuse

now they are holding at 7.19, with 7.2 huge block, but it will be cleared pretty fast later to close at 7.2 again

Posted by wiki123 > 2017-06-15 11:41 | Report Abuse

they are promoting Lotte Chemical and stated paying out > 3% dividend... and value it at PE 12... and PCHEM is PE 16... guess they will make sure PCHEM is PE 16 always to maintain attractiveness of lotte chemical IPO .... http://www.thestar.com.my/business/business-news/2017/06/15/lotte-to-pay-out-50-of-profit-as-dividends/

Posted by thenewbee > 2017-06-15 11:46 | Report Abuse

question: why would pchem care about lotte IPO?

Posted by thenewbee > 2017-06-15 15:13 | Report Abuse

huge transaction done at 7.18-7.2

Posted by ag397 > 2017-06-16 09:20 | Report Abuse

Wonder y pchem price is coming down days by day.anyone got info

Posted by thenewbee > 2017-06-16 10:56 | Report Abuse

It wasn't a huge disposal at lower level price , in fact the buying rate wS about 80 percent yesterday at 7.18 to 7.20

Posted by gcke > 2017-06-16 11:02 | Report Abuse

@ag397 the petrochemicals selling price have a direct correlation with the global market oil prices.Presently,the oil price is biased towards the lower level.One other reason is falling demands for petrochemicals as skeptics anticipated.

Posted by wiki123 > 2017-06-16 15:13 | Report Abuse

looks like going to form a hammer today... triangle continues....

Posted by wiki123 > 2017-06-16 17:08 | Report Abuse

fuyoh, good closing 7.21...

Posted by omnigunk > 2017-06-19 12:06 | Report Abuse

http://www.mida.gov.my/home/3860/news/chemical-companies-riding-high-/

Posted by thenewbee > 2017-06-19 13:14 | Report Abuse

guys, i'm getting depressed because of this. everyone still holding?

Posted by omnigunk > 2017-06-19 14:49 | Report Abuse

I'm averaging down. Doing well so far.

Posted by thenewbee > 2017-06-19 16:15 | Report Abuse

i cant jsut average down like taht endlessly, the chart is so misundersanding because of the syndicate action, purposely building wall and huge support for no reason. if they want to push up they can push up as high as they want