KPJ HEALTHCARE BHD

KLSE (MYR): KPJ (5878)

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Last Price

1.92

Today's Change

+0.06 (3.23%)

Day's Change

1.86 - 1.92

Trading Volume

11,705,600


4 people like this.

1,924 comment(s). Last comment by Michael Kwok 2 months ago

Posted by MAMEE MONSTER > 2014-01-21 18:02 | Report Abuse

Good

Posted by MAMEE MONSTER > 2014-01-21 18:02 | Report Abuse

016-88

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-21 18:11 | Report Abuse

me holding n queueing too. i'm curious to see how long these institutions shortsellers will continue the ss. keep an eye on the RSS report later tonite. i knw 1 thing is tht shortselling activities won't last long unless the overall outlook of kpj and m'sia has turned broadly negative on its fundamentals. medical tourism is also doing great. i knew a few european doctors in my circle who migrated into m'sia where they are setting up their new ventures in m'sia for medical tourism.

kpj is in an aggressive expansion mode but when some of its newly built medical centres start to bring in revenues, profits will start to kick in fast also. so u think they are trying to hav their presence in major cities n towns is a good move? of cos capex is high at the moment but if u are a long term investor, this stock sure is a keeper.

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-21 21:33 | Report Abuse

RSS date RSS value (RM) RSS volume
16/01/2014 344,329.00 99,200
20/01/2014 247,441.00 72,500
21/01/2014 396,717.00 117,700

wow, see tht stats above? institution(s) is/are short-selling even more today. i wonder which institution(s) is/are doing these. perhaps they knew demands are still weak hence keep it snowballing downhill. anyway on monthly chart, kpj almost hit the 40MA line which i think is initial support plus stoch indicates it in extreme oversold territory. if u see the yearly chart, i think it's just fair tht it retraces to the 38.2 fibo line.

richcares

1,419 posts

Posted by richcares > 2014-01-21 21:34 | Report Abuse

thanks jack

richcares

1,419 posts

Posted by richcares > 2014-01-21 21:35 | Report Abuse

could be tabung haji

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-21 21:43 | Report Abuse

bad thing abt our bursa is tht it doesn't publish additional info on shortselling transactions. wat a bugger.

if u think abt it, kpj's share price has been climbing since 2009 starting from RM0.58 until last year tht peaked at RM4.85, that's 800% gains within 5 years period. there's not many investment vehicle tht could give this good returns within 5 years.

richcares

1,419 posts

Posted by richcares > 2014-01-21 21:53 | Report Abuse

with this short selling, the price will go down more. why is this institution predicting the price will fall

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-22 09:10 | Report Abuse

frm technical perspective, the selldown is overdone coz it's extremely oversold so it should hav a pullback no matter wat. there's no one way direction

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-22 10:46 | Report Abuse

if RSS is absence today then it should indicates tht it's supported by its 40MA line currently @3.31 on monthly chart since there's a tremendous demand @3.30

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-22 10:48 | Report Abuse

at the moment until the listing of all the rights issues shares and free-detachable warrants, it's a pullback play which i'm seeing it to be bottoming out at current price level if RSS doesn't push it down further.

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-22 11:07 | Report Abuse

max. pullback target 3.62 at 50.0 fibo retr.

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-22 11:32 | Report Abuse

most investors of kpj hav subscribed for its rights issues and the recent selldown has make it unattractive for most investors who average down their holdings to sell their stakes at current price level. i believe this could be the reason tht the institution(s) who linked to kpj started this selldown. this selldown exercise for them has to find a support to stop hence the monthly chart which i think they r queueing up as well @3.30

richcares

1,419 posts

Posted by richcares > 2014-01-22 12:00 | Report Abuse

thanks Jack for advice

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-22 15:00 | Report Abuse

now it's a waiting game. there will be a buying frenzy wen big players start to pick up the shares. now they need to see more supply then they sapu all panic sellers ^^

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-22 15:01 | Report Abuse

get ready at last hour

necro

4,726 posts

Posted by necro > 2014-01-22 16:25 | Report Abuse

Tak payah tangkaplah...
Not worth it at current price for investment..
Better buy on average starting from RM2.60 to RM2.80

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 08:55 | Report Abuse

we hav 10 downtick candlesticks... time to go green

cloud

40 posts

Posted by cloud > 2014-01-23 09:11 | Report Abuse

waiting buyback from rss, right

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 09:25 | Report Abuse

they r not the only one

cloud

40 posts

Posted by cloud > 2014-01-23 09:29 | Report Abuse

they are building up again, tough path

cloud

40 posts

Posted by cloud > 2014-01-23 09:32 | Report Abuse

nice ride

Posted by gabriel888 > 2014-01-23 09:38 | Report Abuse

2.60 - 2.80?? wait long long

Posted by Sheridan Sulik Suleiman > 2014-01-23 09:45 | Report Abuse

cantikkk...upp green

cloud

40 posts

Posted by cloud > 2014-01-23 09:45 | Report Abuse

congrats

31153115

940 posts

Posted by 31153115 > 2014-01-23 09:47 | Report Abuse

not good comments from CIMB reduce TP 3.19

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 09:52 | Report Abuse

as promised, it always rebound

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 09:58 | Report Abuse

so u think healthcare sector is going down the drain in long term? think again. if u are long term investor and got extra cash, invest in it is good but if u are trying to squeeze as much profits from each of ur dollar then be a stock traders. expecting its NTA to improve futher wih assets injection tht will make it more attractive to own.

cloud

40 posts

Posted by cloud > 2014-01-23 10:00 | Report Abuse

now tell me jack, did u average down and out now?

31153115

940 posts

Posted by 31153115 > 2014-01-23 10:02 | Report Abuse

I bought CW out half ady

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 10:03 | Report Abuse

if u see how they operate this RSS thing for the past 3 weeks, u will realize their tactics. forgot to post this, yesterday they did RSS again which is the most:

RSS date RSS value (RM) RSS volume
16/01/2014 344,329.00 99,200
20/01/2014 247,441.00 72,500
21/01/2014 396,717.00 117,700
22/01/2014 457,506.00 138,500

31153115

940 posts

Posted by 31153115 > 2014-01-23 10:03 | Report Abuse

but strange to me that CIMB report got no -ve impact on it!!!

Posted by gabriel888 > 2014-01-23 10:05 | Report Abuse

FYI oversubscribed - 20.37% ; wat u all point of view?

31153115

940 posts

Posted by 31153115 > 2014-01-23 10:06 | Report Abuse

tq jack for your info

cloud

40 posts

Posted by cloud > 2014-01-23 10:07 | Report Abuse

311, partially out if doesn't feel right is not a bad idea

iafx

4,632 posts

Posted by iafx > 2014-01-23 10:08 | Report Abuse

lol... cimb is having fire at their own back door

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 10:11 | Report Abuse

partial of mine avg down & sold... my others i bought at lowest yesterday which i will keep but if they rss again i'll jus buy more and why? coz it's already cheap for a king of healthcare of m'sia. kpj is to ihh, jus like maxis+digi is to axiata. many of my doctor frens are very bullish with m'sian healthcare outlook. they're frm turkey n europe. it's way cheaper for them here n they hav many more frens n clients moving over as well.

31153115

940 posts

Posted by 31153115 > 2014-01-23 10:12 | Report Abuse

yeh cloud, this counter trade at thin volume, playing with cal warrant is even high risk at this type of counter, but since I got it at the lowest price, I am a bit safe, good luck everyone

31153115

940 posts

Posted by 31153115 > 2014-01-23 10:14 | Report Abuse

what about pharma, jack??

cloud

40 posts

Posted by cloud > 2014-01-23 10:14 | Report Abuse

got it guys, jack and 311 nice share

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 10:20 | Report Abuse

for pharmaceuticals, take a pick:

CCM
YSPSAH
APEX
CARING
KOTRA
HOVID
PHARMA
ADVENTA

but i like hovid n caring

31153115

940 posts

Posted by 31153115 > 2014-01-23 10:26 | Report Abuse

I think HOVID wouldn't be so soon, the 'TOKOVID', if I get the name right, still pending approval from US for international market, they said need at least 3-5 years!!!

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 10:29 | Report Abuse

banking on wat u know and trading on what u think. invest in progressive companies

31153115

940 posts

Posted by 31153115 > 2014-01-23 10:30 | Report Abuse

nice piece of advise, TQ Jack

iafx

4,632 posts

Posted by iafx > 2014-01-23 10:31 | Report Abuse

invest in progressive companies - LIKED!

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 12:14 | Report Abuse

from the current buying momentum, it seems tht it could reach the 3.60 rebound resistance tht i mentioned earlier. if tht really happens, it shows tht the manipulator(s) is/are adhering to the TA

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 12:16 | Report Abuse

because there was a black window created between the price 3.60 - 3.63 (13 - 15 Jan.) plus a MA line @3.61 currently

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 12:18 | Report Abuse

they took advantage of last week tht had 2 skipped days holiday. very well thought out of them

Jack Knight

1,024 posts

Posted by Jack Knight > 2014-01-23 12:19 | Report Abuse

it would be great if can get some info of who's this shortseller(s). only institutions can do shortselling. anyone any clues?

31153115

940 posts

Posted by 31153115 > 2014-01-23 13:04 | Report Abuse

EPF or LTH, possible???Just my lucky guest.

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