Posted by Winner 2016 > 2019-08-02 16:03 | Report Abuse

finally collected 0.180....i believe this would be the rebound point...

Posted by fundamentalkia > 2019-08-02 16:04 | Report Abuse

Not bad, 5 million throws at 0.18, still manage to stand at 0.18

Posted by apolloang > 2019-08-02 16:06 | Report Abuse

bukan macam mestron? hehe

Posted by SuperPanda > 2019-08-02 16:06 | Report Abuse

i only buy the price i want, if cannot get i buy something else..

next qtr still few mths away, with current market situation, you have a lot of time to trade this stock..
________________
fundamentalkia Haha superpanda, then u continue to wait lorh. I collected some today.
02/08/2019 3:17 PM

Posted by Adventure > 2019-08-02 16:07 | Report Abuse

Collected 0.18, keep till qr :)

Posted by Winner 2016 > 2019-08-02 16:08 | Report Abuse

those throw big throw at 0.18 may lost a vios or crv...just in 2 week ...hahaha...

Posted by Investsucess Trader > 2019-08-02 16:09 | Report Abuse

0.18 = 9.5 millions, 0.185 = 1.7 millions, yesterday + today 0.185cts = 42 millions

Posted by Winner 2016 > 2019-08-02 16:10 | Report Abuse

if you notice that 0.185 also a fake number...0.185 suddenly increase a lot a minute before 0.180 big throw... mean that the big shark try to frighten the small fish and then....you know i know la...

Posted by 553871575098935 > 2019-08-02 16:13 | Report Abuse

Collect a bit at 18c..see how next week. I think rebounce is around the corner..not only Istone..many begins to looks attractive/oversold. If Dow drop again tonight most likely Bursa to open lower on Monday morning but I believe bargain hunters will kick-in.

Posted by Investsucess Trader > 2019-08-02 16:14 | Report Abuse

Don't worry , no more bullet to throw at 0.18, At 0.185 bullet also finished total 2 days 41 millions.

Posted by kingb > 2019-08-02 16:29 | Report Abuse

Bought 0.18 to average down from 0.22 (bought from 3rd day).

Posted by Investsucess Trader > 2019-08-02 16:38 | Report Abuse

I guess the guy who sold 5 millions bought at 0.20 last 3days, today T+2 due, he lost RM 100,000-00

Posted by SuperPanda > 2019-08-02 16:38 | Report Abuse

next week still have time to buy, tonight you will see dow will continue drop.. so by next mon asian market and bursa will still red

bursa on bearish mode moving towards below 1600 pts

Posted by Investsucess Trader > 2019-08-02 16:40 | Report Abuse

Better buy now, if drop top up, or else if shoot up , then miss loh,

Posted by Winner 2016 > 2019-08-02 16:45 | Report Abuse

Need to know that why James Dyson is moving to Singapore not only buy the superbig villa but also the headquarter....because their product "build in Malaysia"... and Istone is one of the important supplier for them

Posted by Winner 2016 > 2019-08-02 16:51 | Report Abuse

suddenly put 20000 at 0.180 to block the price close higher...hahaha...

Posted by Winner 2016 > 2019-08-02 16:54 | Report Abuse

The graph plotted according to their story...to confuse the technical analysis

Posted by Investsucess Trader > 2019-08-02 16:56 | Report Abuse

They shifted from 0.185 to 0.18, I guess not much seller , only big player stucked, then throw.

Posted by SuperPanda > 2019-08-02 17:40 | Report Abuse

dyson not moving to spore..its their dopl has been setup there..

Posted by qqq3 > 2019-08-02 17:45 | Report Abuse

new low...................shows its not easy play ipo shares.

Posted by Investsucess Trader > 2019-08-02 18:00 | Report Abuse

Those bought and sold in the open market till today, 99% lost badly but not as bad as Tashin and HMPT.

Posted by fundamentalkia > 2019-08-02 20:32 | Report Abuse

Public Bank's fair price made on 8 July = RM 0.20, 11% upside from today closing price.

Posted by SuperPanda > 2019-08-02 22:14 | Report Abuse

my fair price is .16 in 2 wks time

Posted by Investsucess Trader > 2019-08-03 10:11 | Report Abuse

If can drops to 0.16, I considering selling all my GenM and AA stocks to buy this unpolish gems.

Posted by ktsk88 > 2019-08-03 10:18 | Report Abuse

Their biz is in Ai Automation and i believe after almost 10 days of downturn and almost near the IPO price of 16sen, it will rebound...........will grab some next week depending market condition. But long term should be okay to made some from this stock.

Posted by Investsucess Trader > 2019-08-03 10:35 | Report Abuse

Now is the time if you miss the IPO.

Posted by Depeche > 2019-08-03 10:45 | Report Abuse

Will be able to buy 0.175 or lower this week...DOW is showing weakness...operator will use the weakness to drive price down to flush out week holders.

Posted by Shines > 2019-08-03 13:51 | Report Abuse

Prepare to buy each 0.005 down, enuf cash to buy till 15 sen

Posted by cytew > 2019-08-03 18:29 | Report Abuse

Actually , is the same stupid investment bank that has been making lousy IPO exercise that produces "intentionally created penny stock" for both the companies (Mestron and Istone) without having updated information on present efficient market needs

Posted by Ncm88 > 2019-08-03 18:42 | Report Abuse

Cytew tashin to join soon.......

Posted by cytew > 2019-08-03 19:25 | Report Abuse

Tashin by nature is grossly over priced in its IPO, it is likely that falls below 40 sen next week ,strong support is at pyramid corner at 37 sen

Posted by cytew > 2019-08-03 19:30 | Report Abuse

Istone fundamentally is as good and strong as Greatec and UWC....。

Posted by Mabel > 2019-08-03 21:19 | Report Abuse

Good discussions.

No need to think so long guys.. it's already hit my target price

Cheers!

Posted by lohloyfoo > 2019-08-03 21:43 | Report Abuse

Go go go

Posted by Ncm88 > 2019-08-03 23:02 | Report Abuse

No idea why they want to debut istone with billions in shares. What a waste

Posted by SuperPanda > 2019-08-03 23:53 | Report Abuse

thats a very good point, an ACE listed with small turnover id prefer it total shares to be less than 300m

what if next qtr it only manage to earn half that current profit? take 2m for example... what would be its fair value then?

Posted by moneykj > 2019-08-04 00:05 | Report Abuse

Istone macam mestron, trend lower and lower. Go for Kanger. Strong momentum stock.

Posted by cytew > 2019-08-04 00:07 | Report Abuse

#ISTONE (0209) :
IPO price is 16 sen per share.

Fundamentally, ISTONE (0209) is as good and strong as #Greatec (0208) and #UMC (5292) , and making its debut on 17 July 2019 with opening transacted price of 25 sen , hits an intraday high of 27.5 sen, and closed at 23.5 sen. However , after 12 trading days, it hits a new intraday low of 17.5 sen and closed at 18 sen on 2 August 2019。

WHAT ACTUALLY HAD GONE WRONG ?

Below is a 3 dimensional numerical and technical analysis based on the the following theories and principles ;

(1) Fibonacci Principle
(2) WD Gann Square of Nine
(3) Cause/Effect Principle

#istone has made its debut with strong opening price of 25 sen ,and hits an intraday high of 27.5 sen on 17 July 2019 ,and also hits an intraday low of 17.5 sen and closed at 18 sen on 2 August 2019 。Todate ,as on 2 August 2019, cumulative weighted average traded price is about 23.15 sen , and total cumulative traded volume is about 915.9 million units 。

The followings are calculated resistance/support points based on Fibonacci Principle ;

Highest price was 27.5 sen (阳), and lowest price was 17.5 (阴) 。

38.2%
(27.5-17.5) x 0.382+17.5=21.32

Along the price movement path, strong support (pyramid corner－pc) and minor support (mid point-mp) points are as follows; 25(pc), 23(mp), 21(pc), 19(mp), 17 (pc ).

#Interpretation, (解读)：

From the above available data to date , cumulative weighted average traded price is 23.15 sen, while computed fibonacci 38.2% is 21.32, that actually has indicated #istone to break its next strong pyramid corner support at 17 sen is imminent..。

#Note :
The above analysis is #purely for educational purposes only.

Posted by fundamentalkia > 2019-08-04 01:00 | Report Abuse

For discussion purpose, may I know why some investors prefer expensive stock with lighter outstanding share compared to cheap stock with heavier outstanding share? Take the example of the 500,000 unit of shares that sold at RM 0.16/share vs 80,000 unit of share that sold at RM 1.00/share, it takes the same RM 80,000 in term of monetary value.

Posted by Mabel > 2019-08-04 09:06 | Report Abuse

Less competition...

Just compare istone (heavy) and Greatec (light) you will get the picture..

BTW I just bought a nice heavy duty wheelchair for someone. It's lighter but cost much more compared to the one I bought earlier...

Posted by cytew > 2019-08-04 10:21 | Report Abuse

Due to availability of Internet services, market becomes very efficient nowadays, and flooded with all kinds of "bit traders" , many of them prefer to trade penny stocks with good fundamentals (lower risk), therefore "intentionally created penny stocks like Istone and Mestron" were actually inviting trouble for themselves, during down trend market situation ," bit traders" were trained to protect their capitals by selling down their stocks regardless of their fundamentals, that in turn causes disastrous effect on all penny stocks.. Anyway, we will approach Istone management to rectify the shares structure if it falls below IPO price of 16 sen.

Posted by fundamentalkia > 2019-08-04 11:15 | Report Abuse

Can I say that during down-trend situation, penny stock tends to be undervalued compared to other stock, assuming both of them having the same market capitalization

Posted by lohloyfoo > 2019-08-04 17:43 | Report Abuse

Time to buy?

Posted by cytew > 2019-08-04 19:28 | Report Abuse

Don't buy now ,wait until its expected bad Q2 results is released

Posted by Meng Yeow > 2019-08-04 19:47 | Report Abuse

14sen all in

Posted by Depeche > 2019-08-04 21:51 | Report Abuse

Why are u so sure Q2 results are going to be bad?

Posted by fundamentalkia > 2019-08-04 23:27 | Report Abuse

so that he can buy at lower price haha

Posted by Davidl > 2019-08-04 23:35 | Report Abuse

IPO price at 0.16

Posted by 7300 > 2019-08-04 23:39 | Report Abuse

the name don't match business, all rubbish

Posted by cytew > 2019-08-05 06:46 | Report Abuse

Due to one off listing expenses, if Q2 results is still good, then bad results will happen in Q 3