Posted by duitkwspkita > 2015-03-24 10:57 | Report Abuse

Profitman.... one time we sama sama buy same counter and after we gain we pi tengok CICAKMAN 3.......sui bo???

hey...my fren earn ur EVERGREEN until wanna cry liao..... now so so so so much gain liao..... can round world one month liao he said....

Congrad him and congrad you.

Posted by profitman > 2015-03-24 11:03 | Report Abuse

Duit, yeah, that would be a great idea. But not Cicakman 3 lah bro ...hahaha....

Congratulations to your friend on Evergreen. Wow, its fantastic for him and we are very happy to hear that. I wish I made so much too ...hahaha...

Posted by profitman > 2015-03-24 11:04 | Report Abuse

Dunknow, ..hahaha... thanks for your kind words. Yeah, Duit is siow siow but very nice guy. I like. Brightens up our days.

Posted by duitkwspkita > 2015-03-24 11:10 | Report Abuse

profitman....I gaodim Cinderella jor.... relaxing movie lo.... after day fight nite fight must watch cartoon.... now wait for The Avenger and Fast too furios......

send our appreciation to matrixcool and other TCB associates............

hahahaha.... dont wish ppl's money.... we dunno their difficulties rite? chheeeerrrrrrrrrrrrrs dont kill me ar if I prolong my siao siao character

Posted by cbyeoh > 2015-03-24 12:42 | Report Abuse

HLE - 24/03/15

Trading Idea - AIRASIA
AIRASIA: Bottom fishing
Imminent reversal of selldown. Since tumbling from the peak of RM2.94 on 26 Dec 2014 to recent low of RM2.18, we see a good buying opportunity as the “Tweezers Bottom” candlestick pattern at the bottom suggests a reversal signal. Coupled with “Bottom-up” oscillators, further upside targets are RM2.29 and RM2.36, with long term target price of RM2.48. Immediate support is RM2.18 and RM2.14. Cut loss at RM2.10.

Posted by teyl333 > 2015-03-24 13:02 | Report Abuse

Thank you Profitman/TCB on your reply. A very informative for us. Cheers :)


teyl333, we don't mind. Please feel free to ask and we will try our best to share our experience with you.

For me, I do not average down if the stock is weak, has broken down from a support level and has hit my stop loss. No, we, TCB, do not encourage AD. Once a stock is weak, it will be sold down in the near term. For some reason(s) traders do not want to hold on to it. As the popular saying goes, "you do not want to catch a falling knife". If the stock keeps trending down, there will be a point in time where you will not have the financial resources to do so and moreover, it requires time and lots of renewed confidence in the stock in order for it to turn bullish again.

Under this scenario, it may be best to monitor for the selling pressure to subside and to look out for bullish reversal signals before re-entering if you are still keen in the stock. It is also worth finding out why the stock declined in the first place. If there is a fundamental issue with the stock, you may want to liquidate when it hit your stop loss, get out and look for other more profitable stocks to trade.

However there were instances where the stock trended lower from my entry cost where I do accumulate more provided the support level is intact, has not hit my stop loss, FA is intact, bullish catalyst is present, strong buying interest remains and the stock is on a bullish phase like wave 3. This is more like accumulation rather than averaging down.

So, AD is not in my plan and TCB does not encourage AD either. The minute it hits my stop loss, I am out clean without a second thought, accept that I was wrong in my analysis of the stock and move on to another stock. After all, we will have winners and losers in our portfolio.

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Posted by teyl333 > Mar 23, 2015 03:40 PM

Dear Matrixcool/TCB,

I have some questions in my mind, hope you don't mind me asking. In your trading plan, will averaging down (AD) within your plan too and is it encourage to do so? Thank you.

Posted by teyl333 > 2015-03-24 14:53 | Report Abuse

Dear TCB,

Can I have reading for both ifcamsc & ifcamsc-wa? Thanks in advance.

Posted by matrixcool > 2015-03-24 14:57 | Report Abuse

profitman, enjoy reading your article on Average Down.
Thumb Up !!
I totally agreed that unless there is a price reversal form, never average Down.
" Only losers average losers" Unquote !

Happy Trading !!

Posted by profitman > 2015-03-24 16:51 | Report Abuse

teyl333,

IFCAMSC:
Under profit taking after hitting a high of 1.40 on 12/3. It has broken down from its immediate support of 1.28. The next support is at 1.22. Immediate resistance is at 1.31. It is losing momentum at the moment.

IFCAMSC-WA:
Movement is tracking that of its mother's share. Broken down from 1.15 support and its next support at 1.07 remains intact for the time being. Immediate resistance = 1.19.

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Posted by teyl333 > Mar 24, 2015 02:53 PM

Dear TCB,

Can I have reading for both ifcamsc & ifcamsc-wa? Thanks in advance.

Posted by teyl333 > 2015-03-24 17:15 | Report Abuse

Thank you very much profitman on the reading :)

Have a good rest and tomorrow more huat from bursa. Cheers...

Posted by yoda88 > 2015-03-24 23:01 | Report Abuse

sunflower22
OSK
OSK is downtrending and momentum has slow down.noticeably all oscillators suggesting impending selling pressure. If critical support at 2.04 is broken, next support can be found at 1.97 and 1.94.Watch for oversold and a technical rebound accompany with volume in the near term.
Happy trading.

Posted by yoda88 > 2015-03-24 23:13 | Report Abuse

sunflower22
Carepls
Carepls shares are likely to halt and subsequently trade sideways.Profit taking occur in today's trading.Resistance are at 0.55 and 0.57 if shares managed to break 0.53 with volume.
Supports can be found at 0.51 and 0.48. A stop loss if 0.47 is violated.
Happy trading.

Posted by yoda88 > 2015-03-24 23:25 | Report Abuse

sunflower22
Sycal
Sycal shares are not in play and trading sideways at the moment. Its at a consolidating phase and is expected to enter into a techincal rebound at a oversold situation.Any technical rebound will bring share prices to a target of 0.425 and 0.445.Major supports can be found at 0.40 amd 0.39. Cut loss if 0.375 is violated.
Happy trading.

Posted by Dunknow > 2015-03-25 07:26 | Report Abuse

good morning tcb
good morning tsy
good morning Matrixcool,profitman,yoda,cbyeoh.....

Happy trading

Posted by tsy88 > 2015-03-25 07:30 | Report Abuse

Good morning TCB/dunknow

Happy trading !!

Posted by yongyou > 2015-03-25 07:48 | Report Abuse

Good morning TCB and all

Posted by cbyeoh > 2015-03-25 08:51 | Report Abuse

UOBKH - 25/03/13

Stocks to watch:
1) TANCO HOLDINGS; Technical BUY with +47.2% potential return
*Last: RM0.160 Target: RM0.215, RM0.265 Stop: RM0.135
*Timeframe: 2 weeks to 2 months

2) TEKALA CORPORATION; Technical BUY with +37.3% potential return
*Last RM0.325 Target: RM0.415, RM0.460 Stop: RM0.280
*Timeframe: 2 weeks to 3 months

3) KPJ HEALTHCARE; Technical BUY with +14.1% potential return
*Last: RM4.07 Target: RM4.49, RM4.69, Stop: RM3.94
*Timeframe: 2 weeks to 3 months

Posted by cbyeoh > 2015-03-25 08:52 | Report Abuse

HLE - 25/03/13

Trading Idea - MASTEEL
MASTEEL: Contrarian play amid undemanding valuations
Consensus is predicting a strong EPS CAGR of 28% from 2014-2017.
A good contrarian play due to undemanding valuations in anticipation of more positive newsflows from 11MP rollout by mid-2015.
In the wake of bottom-up oscillators, a decisive breakout above RM0.845 will spur prices higher to RM0.875-0.92 zones. Cut loss at RM0.76

Posted by profitman > 2015-03-25 09:11 | Report Abuse

Good morning all & thank you cbyeoh for all your daily info. Should be very useful for traders.

Posted by cityplus > 2015-03-25 09:51 | Report Abuse

Good morning TCB,

Thanks for previous TA, today I would like to get help from you guys again about Samudra(7185), thanks in advance.

Happy trading :)

Posted by novice8 > 2015-03-25 21:42 | Report Abuse

Tq tcb for the analysis on osk and ifca!! I have been thinking to get them as mid term counters and your analysis certainly help! Tq!!

Posted by novice8 > 2015-03-25 21:44 | Report Abuse

Very useful info on AD topic! I'd learned something! Tq for the sharing, profitman!!

Posted by Dunknow > 2015-03-26 07:22 | Report Abuse

good morning TCB,good morning tsy...

Posted by novice8 > 2015-03-26 07:33 | Report Abuse

morning everyone! morning dunknow! Dow didnt closed good last night..any impact on our market sentiment later?

Posted by limjunie749 > 2015-03-26 08:49 | Report Abuse

Dear TCB,
Can I have reading for both digista and bimb-wa ?
Thanks in advance.

Posted by cbyeoh > 2015-03-26 08:50 | Report Abuse

UOBKH - 26/03/15

Stocks to watch:
1) SYMPHONY HOUSE; Technical BUY with +32.4% potential return
*Last: RM0.175 Target: RM0.225, RM0.245 Stop: RM0.140
*Timeframe: 2 weeks to 2 months

2) CYL CORPORATION; Technical BUY with +37.0% potential return
*Last RM0.675 Target: RM0.810, RM0.925 Stop: RM0.565
*Timeframe: 2 weeks to 3 months

3) MUHIBBAH ENGINEERING; Technical BUY with +20.3% potential return

Posted by cbyeoh > 2015-03-26 08:51 | Report Abuse

HLE - 26/03/15

Momentum Idea - WZSATU
WZSATU: Bottoming out amid bullish indicators
“Hammer” and “Spinning Top” candlestick at the bottom suggest reversal signal. Reading from daily and weekly oscillators shows that share price is bottoming up from oversold territory. Further upside targets are RM1.48 and RM1.52, with long term target price of RM1.71. Immediate support is RM1.35 and RM1.33. Cut loss below RM1.30.

Posted by sunflower22 > 2015-03-26 14:17 | Report Abuse

Yoda88,

Thank you very much for the TA on Osk, sycal and carepls. Really appreciated.

Posted by yoda88 > 2015-03-26 22:49 | Report Abuse

余光成 1)从2014年Q4业绩推算(EPS=RM0.0165),估计2015年eps=rm0.066 ,
pe=10 ,股价=rm0.66
2)私有化可能(高于RM0.52).
3)lcth NTA= RM 0.52, Cash =RM0.23 (8257万)
很好的资产表,供参考,进出自负

Posted by yoda88 > 2015-03-26 23:08 | Report Abuse

LCTH
-2014 revenue drop significantly due to changed in procurement strategy of a major customer in 2013
however profit start recovering in Q2Fy14
and in Q4FY14, earning very good wif profit margin > 10%
despite of company spending quite a lot in purchase of property/plant/equipment, cash level still very strong
2013 company spent 6.7mil 2014 spent 26.8mil in property/plant/equipment
latest 4QFY14 is a very healthy q result, i think such earning is sustainable in FY2015 due to the following reason

1. MYR weaken against most asia currency including china RMB and HK $
2. mostly export, minimal impact from GST
3. higher margin product
4. cost cutting result in higher profit
5. new plant/property should start contribute to higher revenue going forward

i need 1 more Q result to further confirm that

assuming Q4 FY14 result will maintain or higher in fY15, projected FY15 EPS will be 1.65c * 4 = 6.6c ! Current price 0.365, Projected PE for FY15 = 0.365 / 1.65c = 5.5 !

Given that most penny stock wif healthy balance sheet n strong earning , avg PE 10 or higher, so my target price for LCTH in 2015 will be 6.6c * 10 PE = RM0.66

Should not a problem to achieve 0.45-0.50
( good fundamental analysis from an excellent FA/TA friend-Ming Han)

Posted by matrixcool > 2015-03-27 00:10 | Report Abuse

LCTH

Thanks Yoda88 for posting Ming Han article on LCTH.

Technically, it did breakout from $0.385 with volume and is expected to test $0.415/$0.44 and immediate target of $00.48.

Happy Trading !!

Posted by Dunknow > 2015-03-27 07:23 | Report Abuse

good morning TCB,good morning yoda,matrixcool
good morning tsy

Posted by Dunknow > 2015-03-27 07:24 | Report Abuse

Thanks Yoda for updating the LCTH.....

Posted by Dunknow > 2015-03-27 07:48 | Report Abuse

Hi Profitman/TCB,
I have 1 question on momentum,may I know how TCB spot the momentum?sometimes one share doesn't move & suddenly moves either up or down,any signal or criteria...just eager to learn more.....

Posted by yoda88 > 2015-03-27 09:51 | Report Abuse

Momentum Idea - JAKS


JAKS: Poised to stage a triangle breakout
◾ A potential beneficiary of water replacement pipes. Valuation remains undemanding at 0.52x P/B, 23% below ENGTEX’s 0.68x and a 17% discount to its 10-year average 0.63x.
◾ In the wake of bottom-up oscillators, a decisive breakout above RM0.565 will spur prices higher to RM0.595-0.615 zones. Cut loss at RM0.50


Momentum Idea - ALAM


ALAM: Bottoming out
◾ The stock is grossly oversold and establishing near-term uptrend, indicating strong reversal of downtrend. Imminent technical rebound is likely to emerge as daily oscillators are bottoming up from oversold position and downtrend on hourly chart was broken amid strong momentum.
◾ Further upsides are targeted at RM0.74 and RM0.76, with a long-term objective of RM0.815. Supports are situated at RM0.685 and RM0.67. Cut loss below RM0.655.

Posted by MainBesar > 2015-03-27 10:08 | Report Abuse

hi tcb crew... can u check on ygl n systech...

Posted by twoplus > 2015-03-27 11:58 | Report Abuse

hi crew, how's SGB still tp 0.7?

Posted by yoda88 > 2015-03-27 12:11 | Report Abuse

twoplus-SGB
BUY SGB ABOVE 0.580 SL 0.540 TARGET 0.630/0.670/0.710
( a buy call frm another forum-trade at ur own risk )

Posted by rob_z3_man > 2015-03-27 17:51 | Report Abuse

Dear TCB,

May I please get a reading for MPAY?

thank you

Posted by Dunknow > 2015-03-29 08:22 | Report Abuse

Good morning TCB
good morning tsy

happy weekend and happy ching ming in advance ..

Posted by matrixcool > 2015-03-29 15:41 | Report Abuse

29/03/2015

Sharing My experiences with friends here.

TCB has always encourages taking early losses and try to ride on profit on a winner. That is the only way traders can make some money in KLSE.I would like to share my trading experience of EVERGRN (5101) with friends here. I am a short term trader and I don”t normally hold stock for more that 3 months unless I am on a winner.

For many of my readers, I thank you for the many emails I received on EVERGRN because many of you made money on it. But sadly many of you were out of it when it hits $0.80+ and I know just a few of you ride it until $1.00.

My ride on EVERGRN ended last Thursday when it hit my Trailing Stop at $1.19. It is almost 3 months when I first introduced it in early January 2015.

Posted in Week 1 Report :
# EVERGRN (5101) — stage 4 of the cycle ended with a new low of $0.45. It has started new stage 1 cycle trading in Rectangle pattern from $0.505 to $0.68. Lately it has shown more strength to break out from the rectangle, so any weakness towards immediate support of $0.59/ $0.57may offer buying opportunity for future play. #

After I posted it, on week 2 I have chosen it as my Top Pick:

EVERGRN (5101) — Last week I have recommended this stock and asked you to buy at $0.59/$0.57 levels.After almost 2 and the half year of consolidation from $0.45 to $0.68 it finally breaks above $0.68 0n 07/01 with volume on the weekly chart.It is expected to begin its 2nd stage of the bullish cycle if able to stay above $0.68 to an immediate target of $0.85 with strong resistance estimated at $0.78.Any consolidation due to the recent sharp rises should find immediate support at $0.70/$0.68 (Resistance turns Support) which offer buying opportunity for future play.I had set my Trailing Stop at $0.67 to protect my profits (Action: I may also lock in my profits if it can”t break above $0.745 ).

After this posting it started its stage 2 cycle and hit a high of $1.28 last week, gaining more than 100% in almost 3 months.
I want to share this because if you are on a winner do remember to trade with a Trailing Stop as no one knows how high it can move, the targets can only be used as a guide.


Happy Trading !!

Posted by wtclau > 2015-03-29 17:57 | Report Abuse

Hello matrixcool, how are you? I have not been receiving any email from you lately. Have you stopped sending yr recommendation or you missed out my email. If you r still sending pls continue to send to me. Here is my email, wtclau@yahoo.com.sg. Thank you n have a nice day.

Posted by matrixcool > 2015-03-29 18:49 | Report Abuse

wtclau,

Yeah, I just sent you another email attached the latest weekly summary.
Can you check your Junk mail maybe it is in there.

Happy Trading !!

Posted by novice8 > 2015-03-29 18:50 | Report Abuse

mat!! tq for your precious sharing of trading experience on evergreen!!

Posted by sunflower22 > 2015-03-29 19:05 | Report Abuse

Good evening Matrix and TCB,

Many thanks to Matrix for your sharing and advice. So nice of you and your teams to share the informations with us all the time. Appreciated very much.

Have a wonderful weekend.

Posted by cityplus > 2015-03-29 20:12 | Report Abuse

Good Evening TCB and many thanks to Matrixcool, I beleive there are many others benefited from EVERGRN (5101) as me by follow your excellent TA of the stock.

Posted by Dunknow > 2015-03-29 20:50 | Report Abuse

thannks,Maxtix for this valuable trading....many ppls,include me still don't know how to ride the shares...reason is because inexperience & just don't want to be greedy....so i believe this sharing is so important for everyone of us here...thanks again,appreciate so muchiiiiiiiiiiiiiiii

Posted by Dunknow > 2015-03-30 07:29 | Report Abuse

Good morning TCB,
Good morning tsy...

Happy happy trading,wondering the oil drop about 5 % will give any impact....

Posted by tsy88 > 2015-03-30 07:57 | Report Abuse

Good morning TCB/dunknow.

Happy trading !!

Posted by tsy88 > 2015-03-30 08:01 | Report Abuse

Good morning Matrixcool.

Thanks for the wonderful sharing. You have done very well on Evergrn and riding on the profits for a considerable period of time! Thumbs up and salute !!