Posted by mg42 > 2014-03-18 12:25 | Report Abuse

heavy debt, going bankrupt soon!

Posted by samcghee > 2014-03-18 15:26 | Report Abuse

mg42, why u so negative about this stock? think positive!

Posted by johnny cash > 2014-03-18 18:58 | Report Abuse

Prinsiptek Corp (PSIP MK)
Technical BUY with +18.8% potential return
Last price : RM0.320
Target Price : RM0.345, RM0.380
Support : RM0.300
Stop-loss: RM0.295
BUY with a target price of RM0.380 with a stop
loss placed below RM0.295. PSIP’s share
price has been consolidating within the
“symmetrical triangle” pattern since it began
retracing from the high of RM0.405 on 17 Jun
13. We expect a strong breakout from the
triangle in the near term following 8 months of
accumulation. Yesterday’s gain on the back of
a higher trading volume of 11.4m shares (vs
20-day average of 1.0m) indicates strong
buying interest. In our view, a bullish crossover
in Stochastic, a +veDI pointing upward along
the ADX line and a positive closing above the
“cloud” translate into fresh buying interest and
could catapult the share price higher. In the
event of a breakout above the “symmetrical
triangle”, we peg our initial upside target at the
previous 5-month high of RM0.380 over the
medium term.

Posted by countfind > 2014-03-18 19:08 | Report Abuse

"We expect a strong breakout from the triangle in the near term following 8 months of accumulation. " .35 acievable

Posted by arv18 > 2014-03-18 19:11 | Report Abuse

contruction??? i hate construction stocks.

Posted by tjhldg > 2014-03-19 02:14 | Report Abuse

3278 alway like that 1

Posted by samcghee > 2014-03-19 08:48 | Report Abuse

arv18, you hate construction stock, may i know what kind of stock you like? which industry? do you mind to share with us?

Posted by raymondlim > 2014-03-19 11:36 | Report Abuse

he like china stocks.....go buy xdl

Posted by mg42 > 2014-03-19 12:16 | Report Abuse

China stocks very good, can earn fast money!!!!!!

Posted by samcghee > 2014-03-19 12:57 | Report Abuse

then u might go to holland like HBGlobe

Posted by samcghee > 2014-03-19 15:57 | Report Abuse

sop, I more like xinquan but most of china stock will keep their cash for future investment as their business is very competitive. Do not expect they will give u high dividen.Better watch malaysia stock likes Keladi Maju.

Posted by samcghee > 2014-03-19 16:01 | Report Abuse

Despite Prinsiptek, I also like Keladi Maju( Black Horse for year 2014)

Posted by mg42 > 2014-03-19 17:49 | Report Abuse

Prinsiptek boss sold many shares in past few days! Beware.............maybe bankrupt!

Posted by reekinv > 2014-03-19 23:45 | Report Abuse

mg42 ... please dun give false information to misled ppl ..

Posted by samcghee > 2014-03-20 08:31 | Report Abuse

mg42, what is your intention to spread this negative and false info to people. You thought people r stupid, they can check & obain info through bursa. Pls if u hate or loss money due to this counter, then u should open minded to accept. Right attitude in looking different aspects will help u in the future.

Posted by ww_guy > 2014-03-20 13:57 | Report Abuse

this is 1st time i herd ppl said China stocks very good...pls look at CSL, it keep dropping from the listing date (above RM1.50 if not mistaken) until bottom around RM0.20 even though keep making money and hold a lot of cash...and Maxwell etc? if you really trust mg42, just go and sell it now...

Posted by tjhldg > 2014-03-21 01:49 | Report Abuse

vol vol vol

Posted by mg42 > 2014-03-21 08:44 | Report Abuse

don't waste time on this rubbish stock!!!!!!! better buy china stocks!!!!!

Posted by mg42 > 2014-03-21 12:56 | Report Abuse

if this stock good, then why the boss give u chance to buy it at low price? Think about it!!!!!!!

Posted by Jacky Jacky > 2014-03-21 17:04 | Report Abuse

maybe u are right

Posted by tjhldg > 2014-03-25 02:18 | Report Abuse

: )

Posted by raymondlim > 2014-03-25 22:03 | Report Abuse

Collection mode

Posted by OptimusX8 > 2014-03-25 22:04 | Report Abuse

dont waste time on this stock

Posted by samcghee > 2014-03-26 08:36 | Report Abuse

OptimusX8, pls be patient as i earned profit through capital gain. No bad nearly 70%.

Posted by OptimusX8 > 2014-03-26 08:37 | Report Abuse

Wow,

Posted by mg42 > 2014-03-26 08:44 | Report Abuse

the boss is unloading heavily today!!!!!

Posted by samcghee > 2014-03-27 10:17 | Report Abuse

mg42, then who is the buyer who can loading this heavy volume? What is your opinion?

Posted by samcghee > 2014-03-27 11:05 | Report Abuse

mg42, if the boss unloading the share, then he need to notice Bursa. Then we can view it through company annoucement in changes in shareholder. Am i right?

Posted by samcghee > 2014-03-27 15:32 | Report Abuse

sop, how is yrs tanco and astino? Any good news. I knew astino is good company. Kindly give yrs view about tanco

Posted by mg42 > 2014-03-27 18:08 | Report Abuse

the buyer is not the syndicate. It is uncle and aunty only. they buy b'cos they heard some wind blowing news. So, the boss can unload!!!!!don't ever touch this stock!

Posted by samcghee > 2014-03-28 09:35 | Report Abuse

Really very hard to invest. i will keep and hold this counter for one more year . i really want to see how this boss/MD of psiptek play what type of kung fu.

Posted by samcghee > 2014-03-28 09:41 | Report Abuse

since i bought at 18cents, i don't think so it will drop back til 18cents.

Posted by samcghee > 2014-03-28 09:43 | Report Abuse

Thanks sop

Posted by mg42 > 2014-03-28 12:15 | Report Abuse

Although it can't drop back to 18cents, but it drop back to 25 cents. It will stand firm at least 3 years at that price!

Posted by samcghee > 2014-03-28 16:02 | Report Abuse

mg42, sometimes we cannot underestimate it as it started to earn some profit and this means the transformation management is in the correct way. Try to keep and follow up on the next 2 or 3 quarterly results. That is why i said we need to give time to them to prove.

Posted by samcghee > 2014-03-28 16:05 | Report Abuse

If i can hold for 2 years, why not i hold for another one year, two possibility only, up or down. The probability up or down is 50%.

Posted by samcghee > 2014-03-28 16:06 | Report Abuse

likes i can hold magni fr 3 years and then it bears fruits.

Posted by tjhldg > 2014-03-29 01:10 | Report Abuse

: )

Posted by mg42 > 2014-03-31 08:46 | Report Abuse

today, the boss will kill the contra player!

Posted by 4u2c > 2014-04-01 01:11 | Report Abuse

i bought at this price a few mths back......i think its a promising company....coming qtr results , we will know

Posted by samcghee > 2014-04-01 08:33 | Report Abuse

4u2c, hope u r right. I also hope the coming qtr results is good. This few week, the price for this stock r quite stable.

Posted by mg42 > 2014-04-01 12:01 | Report Abuse

there is no hope for this counter, better look for others!

Posted by 多学几年 > 2014-04-01 18:14 | Report Abuse

hello sop, Dato Foo was disposed 2 m share on 27/3, but i check the volumn traded on that day only 0.62 m, so he can sell in close market?

Posted by mg42 > 2014-04-01 18:18 | Report Abuse

the boss also don't want their shares now! Now u all trust me? better look other good stocks!

Posted by 多学几年 > 2014-04-01 18:25 | Report Abuse

mg42 any tips?

Posted by mg42 > 2014-04-02 07:38 | Report Abuse

bankrupt soon!

Posted by samcghee > 2014-04-02 08:43 | Report Abuse

mg42, who is the buyer to buy the share from Dato Foo? retail investor or others or another new shareholder coming soon. We will know this in this year? I still decided to hold it as the likelihood uptrend is quite high after price stabilisation.

Posted by samcghee > 2014-04-02 09:34 | Report Abuse

mg42, do you think the buyer is so stupid going to buy bankrupt or poor performance company? Pls use yrs logical thinking. U always think negative aspect , what about positive aspect?

Posted by mg42 > 2014-04-02 12:07 | Report Abuse

uncle and aunty is the real buyer!!!! they just follow the Q! then dato foo cancel the Q, so the retail buyer will trap!

Posted by samcghee > 2014-04-02 14:14 | Report Abuse

If the price drop, uncle & aunty sudak kena trap, On the other hand, if the price up, then uncle & aunty will happy.Hard to catch the behind secret strategy by psiptek MD.