Bro pop8872. Okay la bro. Become slave then slave lo. As long as no big impact on ur relationship and not sleeping on sofa can ady lo. Don't worry bro, 2 weeks later u can happy hour again. Now just teman teman ur wifey la ya. Hope u have an enjoyable weekend with ur wife there. :)
Bro swingtrader. So how's ur knm? Planning to sell on Monday? Qr not really impressive le. Based on Friday closing, also not impressive. Can't even hold at ma30.
Bro hepitrade. Don't talk about saag liao. Sad case for me. I also kena trap there. Is really one of my biggest mistake that I had made in stock market. Zzz
Bro zu1967. So what do u think about sumatec? Can release from pn17?
Bro zu1967. Like that ah.. Then macam can buy some to keep lo. If can release then kaya le. But still a bit scare. Last time I kena trap at saag. By the way, do u know when is the last date to full fill the condition terms before it is delisted?
swingtrader, based on criteria (yest low-closing difference >5%, volume increase >50% compared to previous day, no big movement in price on Wed(T3 on Mon), downtrend on Thu+Fri)
ASIA BIOENERGY TECHNOLOGIES VITROX CORP BHD TA WIN HOLDINGS BHD (volume lower compared to Thu)
Will filter more criteria later on. Just finished building the spreadsheet.
Abang halim. Have u received my replies on friday morning? So far do not have stock to trade at the moment. Next week. We will be watching the screen only .kikiki
Bro swingtrader. So u still planning to hold? Since u also foresee there is a high chances for the price to go down some more.
Bro zu1967. I also a bit scare to touch this kind of stock. Got experienced before. Hehe.. :)
Bro changlk03. If u plan to bu sumatec, then u really need to have eyes on it le. Is quite risky. Their report not really impressive also. Have to be careful lo. By the way, next time can u screen through the system and print the output and paste here? Then we have more stocks to analyze. Hehe. :)
Changlk0k. Sumatec. Simple reason. Need to wait. My cash is mainly for short term trade. Kikiki. If u are going for long term. Really need to study its new venture. Abang halim. Mqtech sold already. The company is really bad.
I prefer co making , asset rich and undervalued counters like Dutaland , Kseng , prkcorp , Caely , Inari , Ptaras , Supermx ....so that market loss is kept to the minimum...
Marco - Hard to say but if you look at historical trend, it tends to spike up once many months, just like the recent spike to 0.205. Selling pressure definitely will be seen as the warrant holders converting to mother shares prior to maturity date (May14), and subsequently profit taking (zu has mentioned just now)
Skpetro. Tend to agree with bro zu. Assuming u have converted 100,000 units at total cost of 17 cents. Suddently price increases to 18.5cents. What are u going to do?
skpetro, cannot hold? queue and sell at 0.075/0.05, you may have chance to sell it if there's volume coming like yesterday morning. But don't hope too high. Buy within your mean, dont contra. I max max go 10% beyond my cash in account. Knowing that I have more funds in other account to pay for settlement come T+3.
skpetro, technically yes if you are able to queue at 0.07 and trade is matched. But it takes 7-10 working days to convert it, so you will have to make an assumption that the mother share price is still within that range for the coming days. Not easy to extract arbitrage profit.
Hepi. No lah. New issuance of shares. Will increase no of shares will cause high liquidity. Increase no of sellers as new shareholders will tend to take profit
Chart Analysis .Downtrend stock Small head. Longer Body with slightly long tail but shorter than body Volume very high. 141 Mil Average volume for the past 4 week 41 Mil
Chart wise not attractive. High volume - indicating shares price is being manipulated for dumping purposes. Hisk risk category. Chance to win 50 : 50
Financial is not strong with low revenue. Making loss company
VITRAX
Chart Analysis. Downtrend Stock Small head small body very long tail High volume 1.24 Mil. Average volume 368k Strong financial and good profitability Chart is very attractive. Strong reversal trend. Price is expected to go up on Monday morning. Chance to have a white candle chart on Monday is high. Need to have good volume for the price to sustain If good white candle is established at 5 pm. Expected more show on Tuesday.
TAWIN
Chart Analysis. Downtrend stock Small tail small body. Chart wise not attractive No further analysis is required. Chance is 50: 50
swingtrader: please can you check TA for Airasia X ....now its correction mode...over sold situation....RSI 10%..Stochastic Oscillator %D < 20...Does this chart shows uptrend or downtrend....
Wow just off my eyes from VITROX for few days and it dropped so much, even went outside of the band. It wiped off the gain since the beginning of 2014. Lower wick is about 80% from high to low, it's a hammer, supported with high daily volume. The chance of reversal is high. Hopefully, it will rebound on Monday.
meena - Better don't touch AAX first as I believe market might remain weak for the coming days. Overall, it's still a downtrend stock. Though stochastic %K is crossing %D, and RSI is oversold, PLUS formed a doji with relatively higher volume compared to average daily volume, it MIGHT have a technical rebound. But, the risk outweighs the reward.
1.VITROX reported net profit of RM 5.26 m for the fourth quarter ended Dec 31 2013, was down 30.0% quarter-on-quarter(q-o-q) from 7.53m 2.Revenue for 4QFY13 also fell by 15.4% to RM28.5m from RM33.7m in 4QFY12. 3. For the full year FY13, net profit increased by 17.5% to RM24.1m from RM20.5m in the previous year, while revenue increased by 19.2% to 106m from 88.9m 4. Based on an eps of 10.41c and a PE of 10.75x FY13, I will estimate a conservative price of Rm 1.12 as our entry price level. My 2c here
Bro changlk03. Good. But I'm busy on weekdays. Not much time to study. But I think there must be some people here to analyse. Bro swingtrader now also busy with his new career, don't know he got time for the analysis or not. But keep do the posting, if I saw and got some spare time, I will do the study. Can post more on Friday, will allocate some time for the analysis on weekend though sometime I'm busy on weekend also. Lol. Tqvm for korek the info ya. Hehe. :)
Bro swingtrader. May I know what's ur view on iris now? What do u see on the charting analysis? What forecast can u give on Monday? Tq. :) I noticed something weird there, may be I'm wrong, minor double bottom. If it can close at green zone on Monday, the story might change. What do u think?
Bro menna. Personally I did monitoring on aax since Wednesday. For me, if price start to cross above 0.86 on Monday, I will start buying. If on retracement mode, I will start accumulating when the price is traded at below 0.75 also depend on condition and hold until next year, only if no issue with aax within the time frame. Reason is simple, just because I belief in Feng Shui. This year is the wood element year, also known as Wooden Horse Year. Fire element (airline industry) added benefits to wood element for this year due to the Chi. If happen I collected aax, hope it can provide me good return then. :)
Bro psd57. Vitrox, hit and run. Hehe. :)
Bro skpetro. If I'm in ur case. Once mother is traded at below 0.17 on Monday, I will sell. Hold if mother is traded at above 0.17 and faster take profit if got opportunity. U can try ask others for further opinion. :)
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 hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?