Posted by Powerplay666 > 2021-09-30 22:20 | Report Abuse

U have to believe in the counter if it has excellent fundamentals. I saw the same trend happening with Canone. Went up to 4.15 few weeks ago and then retraced all the way back to 3.60..Remained sideways for several days before it exploded today to 4.62. Operator will always do this trick to create less resistance for the next wave.

Posted by Powerplay666 > 2021-09-30 22:23 | Report Abuse

My feeling is that pmbtech price might go down to the low 11s to bring down the rsi before it rebounds strongly. Rsi now still in the 60s. Once it's in the 50s u can collect again aggressively.

Posted by contraplayer666 > 2021-09-30 22:27 | Report Abuse

Powerplay666 thanks for your advice sifu. Really appreciate a lot

Posted by gemfinder > 2021-09-30 22:50 | Report Abuse

Ya.. pmbtech wil be boring until u wont notice it. Sudemly it jump up high high. Hahahaha

Posted by HamsterHuat > 2021-09-30 23:47 | Report Abuse

ok @Powerplay666
i wait to low rm11 before decide to stock up more...

Posted by lalazai9 > 2021-10-01 07:50 | Report Abuse

Over value PE 90, PE should around 15 will go back to RM2, gd luck guys

Posted by HamsterHuat > 2021-10-01 08:36 | Report Abuse

@lalazai9

you think nowadays Sjare follow PE meh..
if really follow PE....go buy Glove lah...PE even lower than 15....
hahaha

Posted by investmalaysia7777 > 2021-10-01 09:43 | Report Abuse

PE?? Look at Tesla and Topglove for your reference lo hahahaha

Posted by Ahahah > 2021-10-01 09:59 | Report Abuse

@lalaziai9 look for future PE instead of current. Or else you can go to buy glove.

Posted by a11282879 > 2021-10-01 10:17 | Report Abuse

都說了不要期望了，跑的快好世界 ！老板都沒有心再繼續炒了，給你們散戶慢慢自己炒！

Posted by SUPERMONEY > 2021-10-01 10:43 | Report Abuse

Technically, appears price drifting on a downtrend channel and no sign yet of reversal. best to watch before catching the falling knive till it seen settled down.

Posted by Yogi74 > 2021-10-01 10:43 | Report Abuse

@lalazai9
You're good fortune teller

Posted by PureBULL ... > 2021-10-01 10:44 | Report Abuse

EV + ES ECONOMY IS HERE N JUST GETTING STARTED IN THE WORLD =
THE HAPPENING BLUE OCEAN BIZ


What's the best proven biz model now to be super RICH = the truly skim cepat kaya.raya?

PMETAL's biz model is the best of the best to follow...
WHY? PMETAL is now worth $47 billion in just < 5 short years.
n would be on the journey to be the # 1 mkt cap stock on KLSE in the next few years, by courtesy of EV.ECONOMY.

STOCKS that begin to follow this similar proven biz model as EV.METAL producers on BAKUN HE
= r GIANT stocks in the making = we enter n hold tight.tight to be rich.,.

https://klse.i3investor.com/blogs/future_tech/2021-09-30-story-h1591816601-Luxury_carmaker_Rolls_Royce_to_switch_to_all_electric_range_by_2030.jsp

Posted by gemfinder > 2021-10-01 11:28 | Report Abuse

gameover

Posted by investmalaysia7777 > 2021-10-01 12:10 | Report Abuse

no sign of reversal

Posted by SUPERMONEY > 2021-10-01 12:14 | Report Abuse

global sentiment weak. DJ fut now dn 200 pts. now just see where the bottom support.

Posted by AJtheGreat > 2021-10-01 12:16 | Report Abuse

Die la like this

Posted by SUPERMONEY > 2021-10-01 12:16 | Report Abuse

1 min chart appear supporting near 11-11.10 for now.

Posted by LRWoo99 > 2021-10-01 12:20 | Report Abuse

Hold tight ! This counter will fly to RM20

Posted by SUPERMONEY > 2021-10-01 12:20 | Report Abuse

there is a tough resistance at 11.30 to break for today. if breaking it may be better scenario

Posted by Apple2353 > 2021-10-01 12:21 | Report Abuse

operator made their money already. game over..it will be diving from now onwards. too high

Posted by Powerplay666 > 2021-10-01 12:36 | Report Abuse

Waiting for the corrective wave 2 to end then we can see wave 3 soon.

Posted by LRWoo99 > 2021-10-01 12:52 | Report Abuse

Insider news ! Operator will push the price next week … better buy now before it’s too late

Posted by Powerplay666 > 2021-10-01 13:01 | Report Abuse

I added more at 11.20. I figure the downside is limited around this price. Let's see how next week pans out.

Posted by Powerplay666 > 2021-10-01 13:13 | Report Abuse

https://www.straitstimes.com/business/economy/silicons-300-surge-throws-another-price-shock-at-world-economy

Key point in the article is that silicon prices are expected to remain at current levels through until next year's summer.

Posted by gemfinder > 2021-10-01 13:57 | Report Abuse

powerplay, it is a rm10 shares... not 1.20 shares... not many ppl can keep averaging down

Posted by SUPERMONEY > 2021-10-01 14:18 | Report Abuse

if recover in the afternoon can break 11.60 then ada chance

Posted by SUPERMONEY > 2021-10-01 14:18 | Report Abuse

best to closed unchanged then we would hv a doji as reversal

Posted by Powerplay666 > 2021-10-01 15:51 | Report Abuse

Did anyone else collect at low 11s?

Posted by gemfinder > 2021-10-01 15:53 | Report Abuse

rebound!!!!!

Posted by contraplayer666 > 2021-10-01 16:27 | Report Abuse

I got enter 11.3 11.1 11.6

Posted by contraplayer666 > 2021-10-01 16:27 | Report Abuse

Gogogo I can feel the strength is back !

Posted by SUPERMONEY > 2021-10-01 17:13 | Report Abuse

closing price only show a short typed hammer and not able to hold above the 11.60 that indicate still have weakness as of today. Seller force seems in control. hope next week it still able to support the 11.00 level to form a sideway pattern. Otherwise breaking it will see 10.50 support level. Volume still high though. Technically may revisiting the MA20 if weakness persist. wish for the best next week.

Posted by LisaOppa > 2021-10-01 17:40 | Report Abuse

missed my boat on genetec...not gonna repeat the same mistake hehe

Posted by Powerplay666 > 2021-10-01 18:07 | Report Abuse

Once the price stabilises, it will tend to range sideways maybe few days. Then it will rebound big. If the drop is gradual and slow, I'll be more concerned. This kind of drop happening with pmbtech is obviously a manipulated press down to flush out weak hands and collect cheap tickets before they push it up again. Experienced this with Sam. Dropped from 15 to 11.50 before shooting to 21.

Posted by LRWoo99 > 2021-10-01 18:32 | Report Abuse

Next week PMBTech will surge to RM15 !

Posted by Yogi74 > 2021-10-01 19:38 | Report Abuse

RM 16

Posted by Powerplay666 > 2021-10-01 19:57 | Report Abuse

Not quite a complete hammer formed but the lower legs are encouragingly long. The trend reversal is in sight.

Posted by gemfinder > 2021-10-01 20:57 | Report Abuse

Those force sell wil sufer

Posted by skyhin > 2021-10-01 21:53 | Report Abuse

Don't simply said to 15.or 16... All is downtrend..... Operator is playing around.... Go other counter better on here.... Sam is best support strong....

Posted by ceoshare > 2021-10-01 22:32 | Report Abuse

Silicon’s 300% Surge Throws Another Price Shock at the World . BLOOMBERG NEWS

Posted by ceoshare > 2021-10-01 22:32 | Report Abuse

https://www.bloomberg.com/news/articles/2021-10-01/silicon-s-300-surge-throws-another-price-shock-at-the-world?srnd=premium-asia

Posted by Mr.Sm Invest123 > 2021-10-02 00:31 | Report Abuse

hold tight

Posted by Yogi74 > 2021-10-02 00:50 | Report Abuse

Looking for a limit up

Posted by gemfinder > 2021-10-02 08:28 | Report Abuse

mon gapup

Posted by gemfinder > 2021-10-02 19:06 | Report Abuse

https://klse.i3investor.com/blogs/EagleEyed/2021-10-02-story-h1591871253-PMBTECH_Will_it_become_the_next_Genetec.jsp

Posted by BlessedInvestor > 2021-10-02 23:57 | Report Abuse

PMB is a gem just unearthed recently.

Based on the author estimate

70,000 * 50,000 = 3,500,000,000 YUAN (3.5 billions YUAN = RM 2,272,907,032)

PMB net profit margin is about 10% based on past few quarter results. RM 2.2b sales x 10% = RM 220m. Assuming PE 20 (Conserviative PE as Pmetal used to have PE of betwen 30-50 in the past) will give mkt cap of about RM 4.5 billion. Current mkt cap is about RM 2.4b.

PE 20 -30 should be very fair to PMB as it is in a special industry and barrier to entry is very high.

Future growth prospect

This year PMB completed phase 2 expansion making its output to 72k MT. The land area for the factory can cater for another 2 phases of expansion in near future. The mgt has indicated that negotations are underway with Sarawak Energy on power supply deal for phase 3-4 expansion. We shall hear some good news from them in near future.

Posted by skyhin > 2021-10-03 00:32 | Report Abuse

All this calculation like last time glove.. How is today glove facing cause people stuck....... Dont compare to genetec....... Buy or sell based on your study......

Posted by Mr.Sm Invest123 > 2021-10-03 08:51 | Report Abuse

hello Mr skyhin @ Glove is OVER SUPPLY- gloves everyone can produce now

Posted by JConnor > 2021-10-03 11:31 | Report Abuse

Hi sifus. Newbie here. Do you know if pmbtech is at full capacity 72000 MT already?