Posted by simonscs > 2021-09-20 16:17 | Report Abuse

i think 2.00 will be best

Posted by 7chewe > 2021-09-20 16:33 | Report Abuse

Encorp hit 52 weeks high at 0.485

do you think where it will be heading?

TP 1.00

Posted by oldchinaman > 2021-09-20 16:37 | Report Abuse

I stuck 2.5million shares @ rm 1.56 since MGO time ( more than 10 yrs)
Hope can recover some losses

Posted by oldchinaman > 2021-09-20 16:39 | Report Abuse

Si PENDEK that time did some dirty jobs

Posted by powerup89 > 2021-09-20 16:43 | Report Abuse

Hopefully can reach above 1.56 than u can happy....

Posted by imvu > 2021-09-20 17:00 | Report Abuse

besok gap up limit up .

Posted by SpikeNow > 2021-09-20 17:10 | Report Abuse

encorp , suddenly steam , but ending layu .. Another disappointing one . show some love will ya .

Posted by oldchinaman > 2021-09-20 20:11 | Report Abuse

"powerup89 Hopefully can reach above 1.56 than u can happy.."

Thanks Bro

Posted by imvu > 2021-09-21 08:06 | Report Abuse

berdebar debar ni ..

Posted by wkkht > 2021-09-21 08:31 | Report Abuse

Encorp Bhd’s major shareholder, the Federal Land Development Authority (FELDA), sought to sell its shares, spurring the stock to move higher. According to "The Edge Malaysia" report, Felda is considering disposing of Encorp's equity at RM1 per share.
https://www.theedgemarkets.com/article/%E5%A4%A7%E8%82%A1%E4%B8%9C%E5%AF%BB%E6%B1%82%E6%92%A4%E8%B5%84-%E5%88%BA%E6%BF%80encorp%E8%B5%B0%E9%AB%98

Posted by 7chewe > 2021-09-21 09:23 | Report Abuse

Encorp flying, surpassing 52 weeks high at 0.485, now already surpassing resistance 0.490

0.520

Limit UP very likely :)

Posted by bulldog > 2021-09-21 09:43 | Report Abuse

Accumulation in progress


Huat chaiii

Posted by bulldog > 2021-09-21 10:02 | Report Abuse

Sold 55

Huat chaiii

Posted by powerup89 > 2021-09-21 10:02 | Report Abuse

Jus wake up ....see wah ho geng chao sia.....huat chai....

Posted by 7chewe > 2021-09-21 10:08 | Report Abuse

HODL, momentum is still very strong, TA is very excellent

today will close above >0.550

TP RM1.00

Posted by SpikeNow > 2021-09-21 10:17 | Report Abuse

yes yes yes yes encorp victory ! muacks TP .

Posted by 7chewe > 2021-09-21 10:17 | Report Abuse

next resistance is 0.600 & 0.705

surpassing that, the sky is the limit.

BBB ~TP RM1.00

Posted by powerup89 > 2021-09-21 10:31 | Report Abuse

Just relax......felda bought in 1.54 at 2014 .....

Posted by SpikeNow > 2021-09-21 10:37 | Report Abuse

wanna go again ? lai lai , on la .

Posted by SpikeNow > 2021-09-21 10:42 | Report Abuse

after 2nd round i wanna go for my next potential .. fly like this is very fun !

Posted by kentrade888 > 2021-09-21 10:45 | Report Abuse

Shareholders enter the market to push up the stock price.

Posted by 7chewe > 2021-09-21 10:50 | Report Abuse

https://www.theedgemarkets.com/article/encorp-shares-trade-higher-major-shareholder-eyes-exit

Encorp Bhd, whose major shareholder Federal Land Development Authority (FELDA) is looking to dispose of its stake, saw its shares trading higher today.

...

The Edge Malaysia reported that FELDA is looking at exiting Encorp with an asking price of RM1 a share.

The plantation giant was also reportedly eyeing to sell a block of shares to a bumiputera entrepreneur who could turn things around, and in turn, if the share price picks up, FELDA would exit the company.

FELDA has a 69.14% stake in Encorp, which based on its closing price of 29 sen last Friday (Aug 20), is worth RM57.15 million.

In May 2014, through its unit Felda Investment Corp Sdn Bhd, FELDA bought a 49.5% stake in Encorp for RM239.72 million or RM1.55 a share from Tan Sri Mohd Effendi Norwawi. FELDA ended up with a 72.27% stake after forking out a total RM306.11 million.

Posted by powerup89 > 2021-09-21 10:53 | Report Abuse

Just hold.....huat chai....

Posted by SpikeNow > 2021-09-21 11:11 | Report Abuse

push push push again .. go go go .. dai geh huat !

Posted by 7chewe > 2021-09-21 11:31 | Report Abuse

volatility is still there, because people still un-convince that counter can hold longer

once price keep increasing between ~5-10% daily, its gonna be less volatile

today maintaining above 0.50 (>5%) above 52 weeks high is consider good, BUT if it can be above 0.550 (~>15%), then more people gonna convince it will move higher towards TP RM1.00

BBB & HODL!

Posted by suprnoob > 2021-09-21 11:39 | Report Abuse

red seas, run!

Posted by SpikeNow > 2021-09-21 11:50 | Report Abuse

yes yes like that fun .. go go go up up up again

Posted by powerup89 > 2021-09-21 11:50 | Report Abuse

Suprnood dont disturb here.....u wan cheap ticket u go other counter.....lol.....

Posted by SpikeNow > 2021-09-21 11:51 | Report Abuse

nvm them lah , go go go .. i want to clear off then eat mooncake d .. fly fly again higher

Posted by Bolihkid > 2021-09-21 11:55 | Report Abuse

1 for sure. 1.55 to breakeven

Posted by suprnoob > 2021-09-21 12:24 | Report Abuse

@powerup89 lol

Posted by bulldog > 2021-09-21 15:33 | Report Abuse

Thanks encorp

Huat chaiii

Posted by bulldog > 2021-09-21 15:33 | Report Abuse

Distribution in the making

Huat chaiii

Posted by imvu > 2021-09-21 17:11 | Report Abuse

hari hari hijau , besok hijau lagi gap up limit up .

Posted by 7chewe > 2021-09-21 21:39 | Report Abuse

still strong...able to maintain above 0.500 tomorrow, gonna test 0.595

TP 1.000 still intact! Slow and steady....

Posted by 7chewe > 2021-09-21 21:46 | Report Abuse

Waiting for BIG BOYS to come in as a saviour, may be start at 0.75-0.80, at least to save Felda stake

for Felda its now or never, half way done, another half way thru to hit 1.000

for US? lets make BIG bucks! BBB

Posted by SpikeNow > 2021-09-22 09:14 | Report Abuse

come on encorp .. go go go ., pushball the way up

Posted by imvu > 2021-09-22 10:33 | Report Abuse

hari ni dah kenapa , mana pergi volume ?

Posted by 7chewe > 2021-09-22 10:51 | Report Abuse

PAUSE break awhile, to flush out the weak holders (since yesterday evening) before moving to the next resistance 0.605, after that it will be non-stoppable.

this morning, most counter also slow, still sideways, even though more green counters (391 vs 341) people trade with cautious.

those wish to enter Encorp, now is still the right moment. You're most welcome

Ermm, I am sitting on a profit, lets join us. :)

TP 1.000 still intact..\ HODL

Posted by 7chewe > 2021-09-22 10:59 | Report Abuse

Lets spread positivity of ENCORP

Performance:

1YR : +143.90%
6MTH : +58.73%
3MTH : +51.52%
1 MTH : +72.41%
5 DAY : +38.89%

BBB!

Posted by bulldog > 2021-09-22 14:06 | Report Abuse

Let's get ready for 2nd half encorp

Huat chaiii

Posted by suprnoob > 2021-09-22 15:28 | Report Abuse

melecur

Posted by suprnoob > 2021-09-22 15:29 | Report Abuse

suddenly volume gone into thin air.

Posted by 7chewe > 2021-09-22 21:53 | Report Abuse

price drop due to low volume is not a strong signal (for reversal), it can simply "boost up" price further UP once the volume surge.

Let see tomorrow, after taking a "deep breath", and flushing out weak holder, the price gonna hike unstoppable.

lets give others to a chance re-enter. so that no one is left behind, once it reaches TP 1.000

Posted by bulldog > 2021-09-23 10:34 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by Citadel12 > 2021-09-23 10:36 |

Post removed.Why?

Posted by Bolihkid > 2021-09-23 11:07 | Report Abuse

Huat Ahh

Posted by bulldog > 2021-09-23 11:12 | Report Abuse

Thanks encorp


Huat chaiii

Posted by SpikeNow > 2021-09-23 12:24 | Report Abuse

yaiks .. on la .. nice .. tp tp .. enough

Posted by 7chewe > 2021-09-23 21:45 | Report Abuse

told you so. do not easily panic. it will go back above 0.50 and moving UP!