I3investor most experienced investors, traders, punters gather to exchange their views on current stocks! Beware! Most of their views may not be suitable for those under 90s!
hahahahaa ... ya hor kuya ct ... today is saturday hor ...knn betul ... y ,,, ada interesting in kub aar ? ... Tp is 0.75 lah ... but me offload 30 % liau 0.56 to 0.57 ... sian liau ... wish can cross 0.60 next week lah ... new high for composite will happen next week lah ..wish can follow wt vol juga lah ... haut aarrrrrr
Local events on June 23 Y.S.P.Southeast Asia Holding Bhd 13th AGM at Unity Hall and Stateroom, Lower Ground Floor, Palace of the Golden Horses, Mines Resort City at 9:30am.
STEP Malaysia & Labuan IBFC organises the Commercial Uses of Trusts at Sasana Kijang, Bank Negara Malaysia, KL at 9.30am - 12noon.
Wintoni Group Bhd AGM at Boardroom, Kelab Rahman Putra Malaysia, Sungai Buloh, Selangor at 10am.
The 39th AGM Of Malaysia Packaging Industry Berhad at 6½ Miles, Simpang Salak South, (Lot 3, Jalan Kuchai Lama), 58200 Kuala Lumpur on Monday, 23 June 2014 at 10:00 a.m.
Signing ceremony of MoU between Nam Cheong International Ltd & Perdana Petroleum Bhd at Skyview 7, Level 29, The Gardens Hotel & Residences, KL at 10.30am.
Hibiscus Petroleum Bhd KUALA LUMPUR: Hibiscus Petroleum Bhd is buying Talisman Pty Ltd which includes a 25% stake in the Kitan producing oil field for US$18mil.
It said on Monday Kitan oil field would contribute significant net cash to the company in the second half of 2014. At current oil prices, this will allow Hibiscus to book its first operating profit in 2014.
Hibiscus Petroleum said the Kitan field was discovered in 2008 and started production in 2011. Wood Mackenzie estimates 17 million barrels of remaining reserves on Jan 1, 2014 (4.25 million barrels net to Hibiscus).
The average production rate in 2014 is expected to be 10,000 barrels of oil per day of which 2,500 barrels of oil per day would be net to Hibiscus due to its 25% stake in Talisman Pty Ltd which was acquired from Talisman Energy Inc.
"The acquisition is being funded using the equity capital raised through the conversion of Hibiscus warrants which are due for conversion by July 2014," it said.
To recap, the Kitan oil field is operated by Italian integrated energy company Eni. The field is in the Bonaparte Basin within the Australia-Timor Leste Joint Petroleum Development Area (JPDA) about 550km north east of Darwin, Australia.
The field is developed by a subsea production system with three subsea wells tied back to the Glas Dowr Floating Production Storage Offloading Unit (FPSO).
Eni owns a 40% stake in the asset while the remaining 35% is held by Japanese oil and gas Exploration & Production (E&P) company, Inpex Corporation.
Under the deal, Hibiscus Petroleum will acquire Talisman's stake of the oil field with an effective date of Jan 1, 2014 with all existing assets and liabilities as well as absorb the risk of well projects to be executed post-agreement, upon completion of the transaction.
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS) Asia * China To Set Yuan Clearing Bank In Sydney USA * Jobless Claims In U.S. Decreased 2,000 Last Week To 312,000 * Restrained Consumer Spending Curbs U.S. Growth Optimism Europe * UK Consumer Morale Hits New Nine-Year High In June Currencies * Pound Back Above $1.70; Dollar Falls Vs. Yen Commodities * U.S. Crude And Brent Fall As Iraq Export Fears Recede * Gold Falls As U.S. Jobless Data Suggests Economic Strength
Psiptek, bot at 295 & expected it to upswing yesterday but it didnt. It turned u turn that is v critical that it can go lower if 290 cant stand. Cut lost price 285 & tp 32-330.
Kub, best buy at 530 but i didnt bot as i was away. Yesterday it upsided but m stil waiting for a downleg to go. It shld b the final downleg. Pay attention to this ctr now.
Greenyb, great! Tp 36 & 39 later.
Pasdec, the downtrend hit my tp1 79 & tp2- 0.71 that shld b the bottom for w4 formation. It may linger in trading range in 75-85 until it breaks the recent high to form w5.
Sunflower 29 Ndex From bigger picture:- it is still trading in W1 territory & hope this round price can head to W2 to break 0.42, thus u need to find out its FA as i dont have any idea at all.
From current price formation,it looks like it will climb to challenge the High 33 & 34. If u have bot at my suggested price 29-295, u may have a big gain for coming uptrend. If price can break 33 & 34, it will challenge the next stages; 385 then 42 to sail in unchartered territory. For the time being, i only wait to see how strong this current upsiding line is before i can talk more.
Hi Bro Hitman Sycal I m looking today's formation as the final downleg. If there is any huge vol emerging tomorrow, the uptrending begins & will break to stay above 430 heading to W5 territory. Based on TA TP, my final TP is 0.50. Next TP535 & from this zone onwards, i consider danger.
Hi Shafiq04 PTB From 240 til 300, considers as danger zone & these TP ends the W3 impulsive wave unless there is further extension. I see no ler!!!
Above are my personal views & pls do not take them seriously as my TA will holland u at any time. Cheers!!!
If it can break 24, impulsive trend is in the making but 0.20 is critical point to break first. Let it break 0.20 first if u have not bot yet. If u have bot, u can wait to see how it breaks 24. If it cant, can sell at Res 24 & buy back at 185 if u are a swing trader. If u are intending to hold, my next TP0.35 & 0.42 if 24 can be broken. Good Luck. 0.185 is the support.
Above is my personal point of view & trade at your own risk.
Hi Sunshine96 Ekovest. Currently it is in consolidation phase & will lock in the cage between 1.25-1.10 for quite sometimes, I think. Next support is 1.08. If u are good in swinging, can buy at 1.10-1.08 zone & sell at 1.20-1.25. Do not greed at this narrow trading range so long u can gain some kopi duit.
Above is my personal point of view & trade at your own risk.
K1 moves today as expected but don't expect it to break 445. More up & down is expected for coming days but good for punting purpose. Trading range from 0.40 - 0.435. Cheers!!!
ASB As expected, it has moved from its correction but how high it can go, I predict the highest should be 240 & lowest is 230 then it will stay in trading range before it breaks out 275 to highest 31 or 33.
KTB Hope I don't get it wrong. It will start its engine today impulsively to retest 360. As I m not clear, I came out with 2 TA. My TP1 0.39 & 0.415. Another set is TP1-0.50 & 0.605
KUB As expected, it retraced to 0.55 level. 0.55 is the support level. Once res585 can be cleared with huge vol, my TP for this coming uptrend is TP10.64 & 0.675.
PTB I bot PTB yesterday at 0.185. I believe there is another major upleg to complete unless it retires earlier at recent High 0.20 but it cant convince me. I stil stick to my decision by taking risk that it will hit my TP1-0.23 & TP2-0.28 then close my portfolio.
OCNCash Res 335, if can break, will see price heading to 0.39, 0.43, 0.46 then close case.
Above are my few ST ctrs & they are my personal point of views only & sometimes, I m wrong. Not buy call. Good Luck to Me.
US stocks rise as Yellen says stimulus must continue US stocks rose as Federal Reserve Chair Janet Yellen told lawmakers the central bank must press on with monetary stimulus as “significant slack” remains in labour markets and inflation is still below the Fed’s goal. JPMorgan Chase & Co and Goldman Sachs Group Inc increased more than 1.5% after the banks reported better-than-estimated earnings. (Bloomberg)
US retail sales, manufacturing data point at firming economy A gauge of US consumer spending rose solidly in June, in the latest sign that the economy ended the second quarter on a firmer footing. That momentum appeared to have carried into the third quarter, with other data showing factory activity in New York state expanded sharply in July. The Commerce Department said core sales, which strip out automobiles, gasoline, building materials and food services, increased 0.6% last month after rising by an upwardly revised 0.2% in May. (Reuters)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Fortunebull > 2013-12-03 20:12 | Report Abuse
I3investor most experienced investors, traders, punters gather to exchange their views on current stocks! Beware! Most of their views may not be suitable for those under 90s!