Posted by questionmark > 2021-01-08 14:33 | Report Abuse

what happen to the land sell? thought today is the date line of the extension right

Posted by strattegist > 2021-01-08 17:19 | Report Abuse

closed red

Posted by iyin666 > 2021-01-08 18:18 | Report Abuse

SPA extended again for another 3 months to April 2021. No good governance company takes 1 year to complete the SPA. If unable to agree, should state reasons n not keeping shareholders in the dark. It may not be a bad thing as palm oil prices hv skyrocketed.

Posted by wan161 > 2021-01-08 19:09 | Report Abuse

nice.. still can get revenue from palm oil.

Posted by John1234 > 2021-01-09 10:01 | Report Abuse

Yesterday, Bursa market saw a sea of red, with 1040 losers vs 353 gainers. KLCI was up 30 points, but the broader market was spooked by rising Covid-19 cases and possibly strict MCO measures to be announced on Monday. Market operators took this opportunity to whack down prices of many counters, notably steel counters, Awanbiru Technology and many others.

As I have said, when the broader market is bad, this counter would not be spared. So, it was churned down as well. Now, it is coming close to my next top-up price target of around 53 sen.

There is a marked difference between a punter and a bargain hunter. A punter likes to act on a "bright" green price signal while a bargain hunter likes to see red.

History has shown that any short-term major price correction is usually a good buying opportunity to sell on a rebound.

Posted by John1234 > 2021-01-09 10:15 | Report Abuse

At a casino, I notice that some pp like to bet against a dominant group of players in an opposing bet box. Why? They feel safer to be on the same side as the banker(casino-operator).

Likewise, when the market operator is seen to be collecting our shares in a market meltdown when many dump their shares, wouldn't it be wiser to collect as well? Sure, he will churn up the shares when market has improved.

Food for thought.

Posted by John1234 > 2021-01-11 08:50 | Report Abuse

https://www.theedgemarkets.com/article/stop-spreading-mco-rumours-%E2%80%94-ismail-sabri

Who spreads rumours? Runners from the syndicates ?

Posted by strattegist > 2021-01-11 10:33 | Report Abuse

weak

Posted by Miz Raya Bloom > 2021-01-11 10:36 | Report Abuse

rumours tu ntah, gua x campur kikiki KUB ini masih lembik, deal tak jadi ka? Tengok news company sec resignation dan redesignation sahaja

Posted by strattegist > 2021-01-11 11:13 | Report Abuse

simpan buat pekasam wahai Cik Puteri Bunian...

Posted by Miz Raya Bloom > 2021-01-11 12:26 | Report Abuse

kikiki pekasam sedap makan ngan nasi panas kikiki padaku kalau confident simpan, kalau belum beli, beli harga tengah murah, eventually naik la tu, pendapat peribadi

Posted by John1234 > 2021-01-11 14:50 | Report Abuse

I managed to top up some, but less than what I would have hoped for. While some are worried about a total lockdown, I would think it is highly unlikely, due to the high economic costs incurred.

Anyway, steel counters stage a comeback too, after a shakeout.

Posted by Miz Raya Bloom > 2021-01-11 15:20 | Report Abuse

noted john

Posted by John1234 > 2021-01-11 17:08 | Report Abuse

https://www.theedgemarkets.com/article/pm-muhyiddin-make-special-announcement-mco-6pm-today
https://www.theedgemarkets.com/article/oil-palm-plantations-operate-normal-if-mco-reenforced-says-minister

Posted by strattegist > 2021-01-12 09:30 | Report Abuse

uhuk uhuk

Posted by strattegist > 2021-01-12 10:04 | Report Abuse

darurat declared

Posted by strattegist > 2021-01-12 17:29 | Report Abuse

flat

Posted by John1234 > 2021-01-12 17:44 | Report Abuse

Today, I had a rather busy day, trying to offload some steel shares that I had managed to pick up on the cheap recently when I saw the operator push it down deliberately.

As I have said, January is traditionally the best calendar month of the year for small and mid-cap stocks. So, if this fever carries on and spills over, the tide can eventually lift this laggard counter up too.

Let's wait and see.

Posted by wan161 > 2021-01-12 22:58 | Report Abuse

can go back to 75c?

Posted by John1234 > 2021-01-13 08:26 | Report Abuse

Well, the 52-week high is 77.5 sen. A more realistic target would be 60+ sen(eg 65 sen). Based on the last traded price of 53.5 sen, that is already a 21% ROI, way higher than the current FD rate. A break above 70 sen might require a stronger catalyst.

Global markets are pretty bullish about 2021 on vaccine rollout and expected economic recovery. Domestically, emergency declaration helps to remove the political overhang in the country temporarily, while allowing the focus to shift towards containing the spread of Covid-19, amid a resurgence in cases.

https://www.theedgemarkets.com/article/emergency-declaration-surprise-will-enable-govt-focus-containing-pandemic-%E2%80%94-affin-hwang-am

Posted by strattegist > 2021-01-13 10:11 | Report Abuse

green

Posted by strattegist > 2021-01-13 13:07 | Report Abuse

steady green

Posted by strattegist > 2021-01-13 18:00 | Report Abuse

closed green

Posted by John1234 > 2021-01-13 22:18 | Report Abuse

KLCI jumps 1.5% on bargain hunting, hopes of political stability and virus control
https://www.theedgemarkets.com/article/fbm-klci-closes-2465-points-163669

Posted by strattegist > 2021-01-14 10:11 | Report Abuse

green

Posted by John1234 > 2021-01-14 13:06 | Report Abuse

Last December, I bought into a few select counters in anticipation of this January rally. So far, only this counter is not performing yet.

From my result, I can conclude that counters that were whacked down more tend to move up much faster than the rest. Apparently, this counter was less actively traded and hence, less of an incentive to move up yet, until the operator has collected enough shares from the frustrated.

This operator is really testing our patience, which I have had plenty of it. I have set aside some funds to top up more at below 50 sen.

Posted by strattegist > 2021-01-14 17:10 | Report Abuse

closed green

Posted by John1234 > 2021-01-14 20:42 | Report Abuse

Today, market was pretty hot, stirred up by some speculative plays and punters had a good field day.

Among the more popular names, JCY enjoyed a good run, up 5.5 sen. The operator pushed it up on very huge trading vol(top 5th most active) to attract lots of buyers.

But this is what happens next after market closed:
https://www.theedgemarkets.com/article/jcys-major-customer-cuts-order-eventually-stop-purchases%C2%A0

So, this is another classic example of pump and dump! Do not play play. Invest wisely.

Posted by strattegist > 2021-01-15 11:46 | Report Abuse

green

Posted by John1234 > 2021-01-15 12:47 | Report Abuse

NM expected to cut OPR to new low of 1.5% — DBS Group Research
Lower rate will help to soften the impact of MCO, but bad for FD customers. More pp will be attracted to the stock market for higher returns.
https://www.theedgemarkets.com/article/bnm-expected-cut-opr-new-low-15-%E2%80%94-dbs-group-research

Posted by strattegist > 2021-01-15 17:54 | Report Abuse

closed flat

Posted by strattegist > 2021-01-18 09:56 | Report Abuse

sustain

Posted by Miz Raya Bloom > 2021-01-18 12:18 | Report Abuse

mambang ini rajin monitor KUB.
John ku rasa macam tu gak, samada kaunter ku naik, thats another story
kikiki

Posted by strattegist > 2021-01-18 12:28 | Report Abuse

iya lorrr Puteri Bunian... mambang setia menanti...

Posted by strattegist > 2021-01-18 15:58 | Report Abuse

green

Posted by strattegist > 2021-01-18 17:30 | Report Abuse

closed green

Posted by John1234 > 2021-01-18 19:03 | Report Abuse

This counter is still in a consolidation phase. Nothing to shout about yet.

Posted by strattegist > 2021-01-19 10:48 | Report Abuse

steady

Posted by jeffrey7817 > 2021-01-19 13:43 | Report Abuse

Waiting for catalyst.. possibly dividend since this counter start return to profit and with cash hoard over 200 mils

Posted by jeffrey7817 > 2021-01-19 13:43 | Report Abuse

Worth collecting below 60¢

Posted by jeffrey7817 > 2021-01-19 13:44 | Report Abuse

Agro segment should reporting more profit as CPO price trend higher in Q4

Posted by strattegist > 2021-01-19 17:24 | Report Abuse

closed red... down 2 sen

Posted by strattegist > 2021-01-20 10:15 | Report Abuse

pegun

Posted by strattegist > 2021-01-20 18:20 | Report Abuse

closed red down half sen

Posted by strattegist > 2021-01-21 13:41 | Report Abuse

green

Posted by strattegist > 2021-01-21 17:35 | Report Abuse

closed flat

Posted by strattegist > 2021-01-22 17:46 | Report Abuse

closed red down half sen... 0.535

Posted by strattegist > 2021-01-25 11:31 | Report Abuse

soft

Posted by strattegist > 2021-01-25 18:50 | Report Abuse

closed red... 0.525

Posted by wan161 > 2021-01-26 12:40 | Report Abuse

oversold ad.. lets rebound sikit ke 58c ;)