Posted by Suhaimi Yusof > 2019-08-18 08:03 | Report Abuse

Money flow in significantly increase.. But price still down.. Deviation.. Good sign to recover soon..

Posted by John1234 > 2019-08-19 09:30 | Report Abuse

Early in the morning, mkt operator pretended to throw down at 10.5 sen. But when I queued to buy at 10.5 sen, he started to stack up buyers instead. Lol...

Posted by John1234 > 2019-08-19 10:23 | Report Abuse

Tested. I am right. 11/11.5 sen now. Never trust what u see. U must test it to know the truth.

Posted by John1234 > 2019-08-19 10:29 | Report Abuse

Wow, 11.5 sen now. I missed my 10.5 sen buy today... Lol...

Posted by Legend > 2019-08-19 10:45 | Report Abuse

Hmm take off already

Posted by Chokhmah > 2019-08-19 11:26 | Report Abuse

Shit, I missed it....

Posted by Suhaimi Yusof > 2019-08-19 12:17 | Report Abuse

Let see closing this pm.. Strong resistance @RM0.13.. Tembus 0.13 can go up 0.16..Money flow-in keep increasing.. Value buy..

Posted by Suhaimi Yusof > 2019-08-19 16:36 | Report Abuse

Wait for oversold over.. Then it will run and fly..
1st resistance 0.13...next 0.165..

Posted by Suhaimi Yusof > 2019-08-19 16:38 | Report Abuse

My personal opinion based on study. . I m not responsible anything.. Trade at your own risks.

Posted by John1234 > 2019-08-19 18:00 | Report Abuse

I did say on 15 Aug that it was well supported at 10.5 sen. I wonder how many have seriously followed this buy signal....

I queued, but missed the opportunity to top up more this morning...

Posted by Suhaimi Yusof > 2019-08-19 22:13 | Report Abuse

Todays Turnover Rate +14.286%..Deviation Expert MONEY FLOW-IN very BIG.. STRONG BUY SIGNAL..
Let see the volume for tmrow..

Posted by Suhaimi Yusof > 2019-08-20 09:12 | Report Abuse

Hopefully can fly to 0.135 today.. And next target at 0.165
More than 3 consecutive days money flow in is quite strong

Posted by kfliau > 2019-08-20 11:30 | Report Abuse

@suhaimi what do you mean by money flow in ?

Posted by Suhaimi Yusof > 2019-08-20 13:14 | Report Abuse

@kfliau.. I have software to monitor this indicator..

DE is an indicator to detect money flow in or out of a stock

Posted by Suhaimi Yusof > 2019-08-20 13:15 | Report Abuse

Red color mean money flow in (buy in) stock, green color mean money flow out (sell out) stock.

Posted by Suhaimi Yusof > 2019-08-20 13:15 | Report Abuse

There is an Y axis, that's represent total net money flow.
Over 0 means Bullish, below 0 datum means bearish.

Posted by Suhaimi Yusof > 2019-08-20 13:15 | Report Abuse

Means red bar above 0 datum, the probability of stock getting bullish

Posted by Suhaimi Yusof > 2019-08-20 13:16 | Report Abuse

In case of Mestron.. 3 consecutive days in RED indicator under DE.. Probability Stock getting Bullish..

Posted by Suhaimi Yusof > 2019-08-20 13:19 | Report Abuse

Plus.. Turnover Rate is positive more than 10% is quite strong.. If turnover rate positive is time to rebound before uptrend..
BUT if Turnover rate is negative it might go down..

Posted by Suhaimi Yusof > 2019-08-20 13:20 | Report Abuse

My recommendation not for IntraDay.. Can be used for Short Term Trader and Mid Long Term investment..

Posted by kfliau > 2019-08-20 14:49 | Report Abuse

Thanks Suhaimi for the explanation

Posted by kfliau > 2019-08-20 15:30 | Report Abuse

@suhaimi today's volumn shrank. So it's negative and might go down?

Posted by Suhaimi Yusof > 2019-08-20 16:16 | Report Abuse

@klfliau let see after closing.. For today before closing i cant see the turnover rate and money flow as well..

If todays closed with positive turnover rate and money still flow in.. Tmrow if KLCI okey it might go up..

Posted by Suhaimi Yusof > 2019-08-20 16:20 | Report Abuse

Still oversold not over yet.. Most of the traders get trapped at 0.115 - 0.135.. Very soft resistance at 0.135..if can reach 0.135 next resistance 0.165

Let oversold over first.. It might take 2-3 more days i believe..

Posted by Chokhmah > 2019-08-20 16:21 | Report Abuse

will further drops to 0.105 or 0.095 i believe.

Posted by kfliau > 2019-08-20 16:53 | Report Abuse

Thanks Suhaimi appreciate your advice after market close

Posted by Suhaimi Yusof > 2019-08-20 22:13 | Report Abuse

Kfliau.. Turnover rate is neutral..
But money flow-in is still on going today..
Stock rebound but still weak sign..
Difficult to justify utk uptrend since oversold not yet over..

KLCI dah keluar BUY Signal harini.. Hopefully stocks to follow..

Posted by Suhaimi Yusof > 2019-08-20 22:17 | Report Abuse

But based on others indicator.. Mestron is quite strong to turning up..

Posted by kfliau > 2019-08-21 00:50 | Report Abuse

@suhaimi Thanks for the info

Posted by Suhaimi Yusof > 2019-08-21 21:52 | Report Abuse

If market ok this few days.. Mestron has good momentum to go up..

Same to Tashin quite good indicator.. I dont buy Tashin since non shariah.. But this counter short term is good..

But NOT for intraday..

Posted by kfliau > 2019-08-22 11:14 | Report Abuse

@suhaimi Looks like the readings are not good today, money flow out?

Posted by Suhaimi Yusof > 2019-08-22 22:51 | Report Abuse

@kfliau..although the price slightly down but money still flow-in as same amount as yesterday..
At current market situation is quite difficult to estimate.. But with other indicator very optimistic for Mid Term is quite strong to turning up.. Short term is sideway..
No signal sell.. Buy signal is still strong..

Posted by kfliau > 2019-08-23 09:33 | Report Abuse

Thanks Suhaimi

Posted by ruhaizat69 > 2019-08-24 06:50 | Report Abuse

Even their own factory has been disposes, what do you hope anymore wiith this scamer company, TP0.05

Posted by GenghisHoe > 2019-08-25 16:31 | Report Abuse

What caught my attention on Mestron?

Source: https://whyvalueinvesting.blogspot.com/2019/08/newly-listed-mestron-holding-berhad.html

Posted by kfliau > 2019-08-27 11:43 | Report Abuse

@suhaimi, looks like all the buying interest has dissipated. What about the readings?

Posted by John1234 > 2019-08-27 12:42 | Report Abuse

The readings can be "distorted" by deliberate actions from the mkt operator. More reliable source - let the QR report speak for itself within days, either good or bad...

Posted by kfliau > 2019-08-27 13:28 | Report Abuse

@John1234 Agreed. IPO at 16 cts. What I am afraid is many companies do creative accounting to make the accounts look good for the listing. After listing all the shit is exposed. I hope Mestron is not one of them

Posted by ruhaizat69 > 2019-08-27 17:09 | Report Abuse

Wow Rm700k profit for disposal, what amazing profit & I revise my TP to rm0.055

Posted by Suhaimi Yusof > 2019-08-28 08:44 | Report Abuse

Kfliau.. Money flow out started yesterday.. Turnover rate - ve 4%..look not attractive.. Hope just retrace for short term..
Too many retailer involves.. Most trapped @ 0.12..

Posted by kfliau > 2019-08-28 10:02 | Report Abuse

Thanks Suhaimi

Posted by birkincollector > 2019-08-29 18:22 | Report Abuse

lol -ve results...how this type of company can be listed in the first place

Posted by Chris Kho > 2019-08-29 19:01 | Report Abuse

Quick analysis:
i) recorded profit before tax 1.1million (see note 3)
ii) the loss was mainly due to listing expenses amounting to 3million
iii) however, gross profit margin dropped to 17% compare 34% in previous quarter (a warning!!)
iv) cash flow from operating activities is still very healthy i.e. identical to previous quater - 1.9million

probably IB will remain buy buy lower the price target....previous buy call by Public IB and Rakuten

Posted by Chris Kho > 2019-08-30 09:04 | Report Abuse

Personally do not suggest to keep on as margin drop is not justifiable as major pole sales was from telecommnucation and o&g sectors yet gross profit margin was only 17% (50% from from previous quarter). the profit margin was also far below the expected 30% as mentioned by ED during the prospectus launch!!!

As the average margin in 2017 and 2018 for standardize pole was 20%, the 17% figure is highly questionable

Posted by kfliau > 2019-08-30 17:12 | Report Abuse

I think the price has already factored in this poor result, hence held steady

Posted by Suhaimi Yusof > 2019-08-30 23:48 | Report Abuse

Though the company making loss but net cash flow (cash is king) much more better as compared to Q1. Hope with KLCI start to rebound mestron to follow..

Posted by GenghisHoe > 2019-09-03 07:57 | Report Abuse

The question here: Mestron just raised RM 25.28 million on 18th June 2019, but on 1st August 2019, they proposed to dispose of two (2) one-half storey linked factories -- Isn't it strange that within very short period, Mestron required the working capital again after listing of forty five (45) days?

Source: https://whyvalueinvesting.blogspot.com/2019/08/why-mestron-dispose-of-two-2-one-half.html

Posted by newboy18 > 2019-09-04 12:11 | Report Abuse

rubbish company

Posted by ruhaizat69 > 2019-09-04 21:27 | Report Abuse

Scamer company, run before it”s too late, don”t lose all your money

Posted by 2937039523036097 > 2019-09-11 13:18 | Report Abuse

Ock 5g company sudah terbang lo why mestron pole manufacturers no yet