Posted by Mc_Wei > 2014-06-16 15:41 | Report Abuse

Lz Lee Weiping> When a dividend is declared especially in % terms... they do not refer to % of profit made. It is % of the par value, i.e RM1.00

As this is a special dividend, adjustment needs to be made on the chart.

Posted by pathew > 2014-06-16 16:09 | Report Abuse

omg, ILB, I should just close eye and buy earlier at 83sen.... now 88sen!

Posted by ProfitMan > 2014-06-16 16:13 | Report Abuse

pathew - ILB:

My view is that it is bullish. It broke the handle resistance of 0.82 today with volume and increasing momentum. I would expect it to test the high of 0.92 in the coming trading sessions.

Posted by Mc_Wei > 2014-06-16 16:22 | Report Abuse

pathew> To enlighten you abit.

ILB market cap is RM154 million

Total equity or NTA(after minus minority) is RM317 million

Total cash in hand (net of debt) is RM175 million

If you wish to compare in "per share" basis... just divide the above with 178 million shares.

On daily chart, I see cup and handle breakout with immediate target at 88.5c.

Posted by pathew > 2014-06-16 16:35 | Report Abuse

Profit_man, that's why needed TCB sifu to give me courage, coz I saw the gap up with volume as listed in my initial comment on ILB.

MC wei, nice read into the details, I know it was net cash. based on your figures, it should arrive at rm1.01 per share. MOS of 21.6% as per price at 83sen this morning

Posted by Lz Lee Weiping > 2014-06-16 16:56 | Report Abuse

mc_wei
sorry for the mistake that I have made in the explanation, my bad, and thanks for pointing out.
and in my opinion i don't think that that's a cup and handle because it doesn't really form the erm...deep "U" cup shape..

Posted by sunlight > 2014-06-16 17:23 | Report Abuse

Hi Sunshine96,

SYCAL:
on 06/06 posted by ProfitMan
Bullish and under consolidation at the moment. Can expect it to trade sideways in the very short term on reduced volume. However, its overall uptrend should remain intact.

Immediate support = 0.38 ; S2 = 0.345
Immediate resistance = 0.40 ; R2 = 0.425

Today (16/06)
It is still on uptrend but under consolidation with sideway movement between $0.38 to $0.43. Broke the $0.40 resistance on 10/06 but due to lack of volume, it pulled back to $0.405 on 13/06 ($0.40 old resistance become a new immediate support) forming an inverted hammer indicating potential bullish reversal. The main support is at $0.38.
Today the volume has picked up (abt 2.5mil) but still below 30days MA vol. Currently looks like still consolidating between the 2 price range. If it breaks the $0.43 resistance with volume, it will try to move to the next resistance of $0.455.

Happy trading!

Posted by matrixcool > 2014-06-16 17:34 | Report Abuse

ILB--Very interesting stock Pathew brought out today. So many discussions and lots of inputs from the forumists.
Our thanks to Lz Lee Weiping, Mc_Wei, ProfitMan and of course Pathew for some insightful inputs on the stock. That is why TA is so interesting and everyone interprets the chart differently. I read with real interest and learn from you all too.

I also like to congratulate Sunlight for his 1st TA posting on TCB thread, hope you can carry on reading more charts in the future.

Happy Trading.

Posted by pathew > 2014-06-16 17:55 | Report Abuse

matrix, so what's your read into this?

Posted by matrixcool > 2014-06-16 18:11 | Report Abuse

Ha, pathew, get me involved too??

I think what needs to be said on TA have been pointed out by you all. The only thing I may add is the gap of $0.82/$0.80 will be filled one of theses days. The breakout today does carry an estimated target of $0.895/$0.90 which it almost achieved today.

Happy Trading..

Posted by sunlight > 2014-06-16 18:34 | Report Abuse

Thanks Matrix. Will give my 2c TA reading in future whenever I can. Also learning from you and others.

Posted by CautiousTrader > 2014-06-16 18:52 | Report Abuse

Dear TCB, can you help to check for AEON? Thanks.

Posted by tsy88 > 2014-06-16 20:05 | Report Abuse

Matrixcool - M referring to Amprop (last time known as Amdb). The code no.is 1007. Sorry for the late reply.

Posted by tsy88 > 2014-06-16 20:12 | Report Abuse

Matrixcool - Thousand apologies. Juz went through my posting n realised that I indeed typed Amcorp!!! Have been making numerous errors in spelling!

Posted by spider99 > 2014-06-16 20:15 | Report Abuse

hi TCB master

Please help to advice on pmhlg

Posted by stay_foolish > 2014-06-16 21:35 | Report Abuse

CautiousTrader

AEON

From 05/05 to 08/05, 3 days continuous gap up which indicate a very bullish trend. However, on 05/06 it filled the breakaway gap and forming a new base at 3.65/3.67. It is now trading sideways on a narrow range between 3.65 and 3.75. A break below 3.65, will see its price trend lower towards to strong support at 3.58. Need to breakout 3.75 to test 3.84/3.9 with volume.

Posted by sunshine96 > 2014-06-16 21:46 | Report Abuse

Sunlight....Thank you for the interesting analysis on sycal.

Posted by jass > 2014-06-16 21:46 | Report Abuse

thanks Matrix for bertam n ProfitMan for add info on psintek :))

Posted by yoda88 > 2014-06-16 22:50 | Report Abuse

nana88-Silk

Since share price has hit high at 1.05 with volume on the 10th June and followed by a hanging man,its suggested a sell signal. The overall uptrend is still intact as you mention nana88 but at current stage it's at a consolidation stage. All indicators are at negative region at this junture, keep an eye tmr, if it pull back n retest the 20MA@0.92 level.
Immediate supports are located at 0.92 and 0.875,while resistance are 0.975 and 1.05. A stop loss to be consider if it retrace below 0.875.
Happy trading.

Posted by yoda88 > 2014-06-16 23:10 | Report Abuse

spider99-pmhldg
The share price hit high towards 0.18 on the 12th of June with good volume and 0.175 the next day but volume decreased.The black candle show retracement of the share. Hammer has formed last Friday and today with the second hammer indicating a potential rebounce. Always apply a stop loss when trading.
Immediate support is at 0.13.
Resistance at 0.175 and 0.18 with volume.
A stop loss will at 0.115.
Happy trading.

Posted by Nana88 > 2014-06-16 23:21 | Report Abuse

Yoda88,
Noted with thanks. I shall keep an eye on it. Looking for pop to buy on weakness ;).
Happy trading.

Posted by Nana88 > 2014-06-16 23:24 | Report Abuse

Opp (opportunity) not pop (argh.....auto spell)

Posted by spider99 > 2014-06-17 06:27 | Report Abuse

thanks for yoda88 bro

Posted by sunlight > 2014-06-17 10:05 | Report Abuse

Hi tsy88,

AMPROP (by closing of 16/06):
Very bullish with higher high and higher low. There was a breakaway gap with huge volume on 23/05 after consolidating since 24/04. Though the gap was filled partially to $1.03, it became a good support for further uptrend with 2 more gap ups with good volume (above 30d MA vol) on 10/06 and today (16/06). The price yesterday also managed to break the uptrend line resistance. However, the candlestick form resembles a shooting star showing a potential price reversal. Today price movement can help to confirm the direction of the trend. TP1 is $1.22 and TP2 is $1.34.
Immediate support is at $1.17 & $1.12 with main support at $1.03. Stop loss if $1.03 is violated with volume.

Today the opening is a gap up and has reached TP1 but need to hold with volume. If closes strong with volume today above TP1, it will try to reach TP2. Do remember to set trailing stop to protect your profits.

Happy Trading!

Posted by CautiousTrader > 2014-06-17 10:09 | Report Abuse

Dear Stay_foolish, thank you very much for analyzing AEON.

Posted by deedee > 2014-06-17 10:35 | Report Abuse

Dear TCB, can help look at GUH? Which stage of EW is it at now? Uptrend now? Thank you.

Posted by sunlight > 2014-06-17 10:44 | Report Abuse

Welcome sunshine96. Happy trading.

Posted by ProfitMan > 2014-06-17 13:23 | Report Abuse

deedee - GUH:

It has been retracing in the corrective wave 4. If it can break the resistance of 1.42 with volume, then it would be on an uptrend taking it into the bullish wave 5 when it will consequently test the resistance at 1.48. The hammer of 9/6 is a bullish reversal pattern but I would caution that the volume is still low to sustain a strong upward push of the price. If it fails to break 1.42, it will remain in wave 4.

It has strong support at 1.31/1.32 with further support back at 1.20.

Posted by Chenlai > 2014-06-17 13:34 | Report Abuse

Hi TCB...kindly advise Bright? Many thanks again!

Posted by tsy88 > 2014-06-17 13:38 | Report Abuse

Hi, Sunlight - Juz saw yr analysis on Amprop. Tqvm. In that case, I better wait. As of mid-day, volume is not impressive.

Posted by sunlight > 2014-06-17 13:42 | Report Abuse

Welcome tsy88. Happy trading.

Posted by deedee > 2014-06-17 13:42 | Report Abuse

TCB ProfitMan, thanks for the analysis! Will keep monitoring.

Posted by tsy88 > 2014-06-17 13:50 | Report Abuse

Dear TCB - Can u pls check on Smrt code 0117? Juz bot 2day at 0.69 n wa at 0.47. Wa is in the money. Frm its movement 2day, looks like it is trying 2 reach its high of 0.745. M not sure at this point though. Need yr help 2 analyse.Tks.

Posted by yoda88 > 2014-06-17 16:00 | Report Abuse

tsy88- Smrt
Your did a good entry at that price. Currently on a hourly live chart it is very bullish, set your own trading plan. Both the mother share and warrant has brkoe out of a bullish flag and if it manage to scale above the upper bollinger band of 0.73 it will retest the previous high of 0.745. If it manage to break its stong resistance of 0.745,next will be 0.83 level.The warrant is trading at cent to cent with the mother share.

Immediate supports are 0.66 and 0.60.
A stop loss at 0.585.
happy Trading.

Posted by tsy88 > 2014-06-17 17:09 | Report Abuse

Yoda88- Tq so much. Glad 2 hear that. Wl c if it can breach its high of 74.5.

Posted by tsy88 > 2014-06-17 17:14 | Report Abuse

Hi,Sunlight. What do u think of the closing n volume of Amprop 2day?

Posted by Lz Lee Weiping > 2014-06-17 18:52 | Report Abuse

KTB
has already breakout from symmetrical triangle since 13/06/2014 and today has reached a high of 0.335. Most likely will try to challenge it's long-time resistance(year 2010) which is 0.35. Supports level are 0.275 and 0.255.

Posted by sunlight > 2014-06-17 22:04 | Report Abuse

Hi tsy88,
AMPROP:
Today's doji form just shows indecisive signal. It may have been a profit taking day. Every stock when going up still needs space to breath before continues. Amprop is still on uptrend. But need to see tomorrow's price movement to determine its further direction. Just remember to set a trailing stop to protect your profit.

Happy trading.

Posted by sunlight > 2014-06-17 22:11 | Report Abuse

Hi Chenlai,
BRIGHT:
After hitting a high of $0.825 on 18/04 since beginning of Y2014, it went into a big pull back to $0.625 on 09/06. Please note that it may potentially form an Inverted Head & Shoulder with neckline at $0.72. Breaking above $0.72 with volume signals breakout (buy signal) to immediate target of $0.815/0.825. Stop loss if $0.625 is violated.

Happy Trading.

Posted by yoda88 > 2014-06-17 22:23 | Report Abuse

KTB- agree with you weiping that KTB has broken symmetrical triangle and today scale above the bollinger band with volume. An uptrend is expected with buying interest as substantiated by the daily chart and daily oscillators are hooking up at the positive region suggesting a possibility of imminent resumption of uptrend.

Further upside targets are 0.35 and 0.395. If it manage to scale above 0.395 the next target will be 0.41.
Immediate support is 0.275 and 0.255.
Stop loss if 0.245 is violated.
Happy trading.

Posted by matrixcool > 2014-06-17 23:17 | Report Abuse

For Traders that have been collecting KNM and Mitra since my alert through email much earlier, my congratulation to those that have started to lock in profits.

Latest Update:

KNM—Trading in uptrend channel with Range $0.79 to $0.86 (Higher Low and Higher High and these values keep moving higher). Upward Momentum speeds up to test its immediate Target of $0.85/$0.86. Short Term traders Stop Loss if the uptrend line of $0.79 is violated with volume. Formed an Engulfing Bull today during an uptrend, do observe tomorrow closing if it is below $0.835 it may be the last engulfing top.

MITRA—Hit my Target of $0.935 today but fail to break above it. Upward momentum increase, it is expected to re test its previous high of $0.935(Very Strong Resistance as this is also the same high that set on June 2011). It needs a much bigger volume to break this strong resistance and a successful penetration( I will scale in more shares) will take it the next target of $1.00. Immediate supports adjusts to $0.91/$0.87 and to Stop Loss if $0.82 is violated.
Note: I may lock in all my profits if $0.935 could not be taken out soon.

Happy Trading and Good Night.

Posted by tccher > 2014-06-17 23:38 | Report Abuse

matrixcool thank you for the knm and mitra , what is yr next counter to be in ?

Posted by matrixcool > 2014-06-17 23:45 | Report Abuse

tccher ,

You can email me at:

matrixcool02@gmail.com

02 reads zero two.

Good Night..

Posted by tsy88 > 2014-06-18 01:47 | Report Abuse

Hi, Sunlighht. Tq n appreciated. Wl monitor very closely. So far, hv not bought yet though was encouraged by my friend who strongly recommended me 2 buy on Monday.
Same 2 u. Happy trading...

Posted by tsy88 > 2014-06-18 02:02 | Report Abuse

Dear TCB - Can pls help 2 look into Asb? Past 2 days, it has been range bound but does not break 0.24 n cant go beyond 0.25. Is it consolidating at this point?

Posted by Chenlai > 2014-06-18 08:00 | Report Abuse

Thank you very much Sunlight, appreciate it!
Have a great day ahead!

Posted by bracoli > 2014-06-18 09:11 | Report Abuse

Dear TCB, could you plz look at censof?

Posted by sunlight > 2014-06-18 10:01 | Report Abuse

Welcome Chenlai. Happy trading.

Posted by sunlight > 2014-06-18 10:06 | Report Abuse

Hi tsy88, if you want to trade this stock (or any stock for the matter), I encourage you to have a plan of target price and stop loss and be discipline to follow through. As what bro. Matrix has mentioned before, we can enter into any stock so long we have a trading plan. :)

All the best and happy trading.

Posted by pathew > 2014-06-18 10:11 | Report Abuse

Hi all,

Penta forming spinning top today?
Looks like uptrend still intact but may consolidate to 34.5 - 36sen range before moving up again?

KUB, within symmetrical triangle with strong resistance at 54.5sen. tested this resistance level 3 times within past 3 days and break out with volume will test the year high at 56.5sen. Immediate Support at 53sen and strong support at 50sen.

ok ah sifus?