Tuesday, December 23, 2014
Friday, November 28, 2014
FEELING CHRISMASSY !!!!!!
MY GOOD OLD FAITHFUL XMAS TREE :):)
THE TURKEY I ROASTED LAST YEAR .... LOOKS YUMMMMMMMMMMMI !!!!
Tuesday, November 4, 2014
KLCI WAVE COUNT 4-11-2014
For discussion only
Thursday, October 2, 2014
BIG 7005
early September price suddenly bullish broke out triangle chart with VOLUME.....they try to CLOSED OPEN GAP DOWN at 11/4/2014....then price have correction back ...when correction price bearish bcus profit taking broke over down support at 835....so directly to find 50ma support 0.74....
Its another opportunity buy in with limit...at 50ma 0.74/745 ? i m try buy in.....bcus my wave 5 target is 1.15....but short term will hv up down up down retest each resistance which is 0.77/0.80/0.835/0.90(strong one).....i m trying buy in on dip....buy on support and wait to next ride....
my stop loss point first is 0.70...second point cut loss all is 0.64.....
this not a buy or sell call.....happy trading :D
Saturday, September 20, 2014
GHLSYS UPDATED
after broke 1.08 last wekk price surgy up to 1.15 then correction down back....price is found support at 1.03 triangle chart support....is BUY called ....price will retest 1.15 next week and if broke 1.15 will test resistance at 1.22 / 1.30 is our target price for short term.....
this is reference ready by shareinfo4u.... (copyright by shareinfo4u)
based on short term target is 1.60
Long term target is 2.20
Wednesday, September 3, 2014
GHLSYS 03/09/2014
2/9/2014 success breakout triangle with volume we will see next resistance test 1.03 and 1.08....
0.995 / 0.965 support price .......hopefully will see test 1.16 soon.....
updated chart from
Thursday, August 7, 2014
WILL another BOOM UP scenario happen ? GHLSYS
we are waiting volume 3x to 4x increase ....
macd buy and sell signal are joining together above zeroline (bull run zone)....
strong resistances need breakout triangle cage is 0.945 / 0.995 / 1.03 /1.08
we can found support strong on recently 0.885/0.90...
RSI curving up.....
IF GHLSYS BOOM UP wth breakout triangle cage.... will hv another uptrend mode happen on the way...
we stil waiting next quater result will be announced on this END MONTH....shall we she will hv another 1st April scenario happen ???
NEW RESISTANCE WILL BE FOUND 1.16 / 1.25......
no buy or sell call.......happy investing
Tuesday, July 22, 2014
6068 PCCS
PCCS only have 60.012mil capital paid up.....
P/E RATIO 7.48 , EPS 9.42 , NTA 2.0036.....is still undervalue stock
based on chart view,
price still stand above long term 200ma , 100ma , medium term 50ma ,
resistance is 72/785.....support strong will be at 68/665/62....
we trust that in medium term price will up test 0.86 and 0.99.....
this is not buy or sell call....
we will buy on each support to keep and hold for it on this pretty stock.....
happy trading :D
Friday, July 18, 2014
THE MYSTERY BEHIND GHL SYSTEMS BHD
Essential No 1.
INNOVATIVELY REDIFINING AND INDENTIFYING SEGMENTS THAT PRESENTS GROWTH OPPORTUNITY
Periods of migration to E-Payments technology transition to the next growth market. I have to use a term zone to define the intersection of the value of this company can provide in order to capture the needs of the huge population in this region.
While I would be a fool if I were to sell this company while they are just beginning to show positive results for the past few quarters. I rather choose to slowly trailing up closely to this company, regardless of the price of the stock. I sincerely believe a rightly managed company and the e- payment industry growth will automatically be taken care of the rest by itself.
Essential No 2.
" I COULD NOT HEAR WHAT PEOPLE SAID, BUT I COULD SEE WHAT THE MANAGEMENT DID"
I notice that this company has adopted a very healthy cultural transition to actively integrating sustainable principles to their business model. Such as concern about their management reputation, employee motivation, developing recurring income strategy to help them create value and capture growth and capital return. This will make a positive contribution to the company in the short and long term value.
I like them because of their commitment to integrate and improve the social environment, returns on capital, human talent retention, consumers and business connectivities.
I believe the e-payment trend is clear, endorse by Asian Central Bankers, more businesses will have to take a long term strategic view of sustainability from a universal point of view.
Essential No 3.
THE IMPORTANCE OF UNFOLDING THE HISTORICAL EVENT ON
E-PAY ACQUISITION.
WHAT MEASURES WE USE TO GAUGE THE VALUE OF GHL SYSTEMS BHD
Essential No 5.
E-PAY ACQUISITION.
It is controversial that I have to say it need skills to make a wise investment. Every investment has different risks involved. To make a good decision we have to be able to evaluate both the information available as well as HOW WE THINK ABOUT IT. Thinking biases will cause investors to make costly mistakes. I still remember when Simon Loh makes a first moves few years ago to privatize E-Pay Asia Limited. I was thinking by that time, why he is taking E-Pay private? What is the real value of this small company commands? According to analyst report , at that particular year, E-Pay worth only £ 22 cts
Unfortunately the offer has been blocked by a Malaysian tycoon V. Tan . In just one week period he has acquired more than 5% to block off the proposed acquisition. He has counter offered to take over E-Pay at around £0.25¢ instead. Eventually the proposed privatization has been in a deadlock and eventually lapsed. By then I am beginning to question the analyst valuation. What is so good about this small and low profile company? I don't see any exceptions of financial figures that makes me excited about it. By 2013, Simon Loh again attempted to acquire E-Pay again. This is the importance of critical thinking at the right timing. This time the offered price at £0.42 ¢ is finally gone through.
Below the link
http://tmt-transactions.com/e-pay-asia-to-go-to-euronet-after-tobikiri-capital-fails-to-match-a12m-bid/
http://www.thestar.com.my/business/business-news/2013/10/12/ghl-back-on-growth-path-creador-sees-potential-in-shared-services-and-solutions-provider.aspx/
The M&A exercise eventually concluded in 2014 successfully. This is a NEW GHL. What is the impact of this new entity will unfold? Is there values that we can't see but is seen by professional money managers?
Essential No 4.
I have tried many ways to investigate which investors can conduct their investment strategy more effectively. One of the challenges I am being an investor, we are often on our own, struggling to comprehend a lot of market information. I am not interested in "safe" investment. I am interested in investment that offer the greatest returns. The risk is to be managed and not avoided. Returns correlate with knowledge which often means, the more specialized the activity, the lest people understand, the more money you can make.
Why Creador decided to invest in this company? Since I have invested earlier than them, it is an interesting myth to be explored further. What they see and what they want? When I critically think about it, it's becoming more complex than I can imagine. Private equity fund is numbers driven. The first thing they do when they invest in a company stock or business is to expand, cutting cost, cash flow and professionalization. Either they make it larger, create value or helps sell it to a much larger sophisticated investors or financial buyers.
I believe the first thing they will focus on is cash flow. They will closely boost the EBITDA. They will eventually sell their stakes or the whole far more than what they pay for. Secondly, they will focus on product to product where they can really make profits and generating cash. (E-PAY is a cash cow, generating machine) Following they will mitigate risk management on expense control.
I realize that Creador II has two key personel, Brahmal Vasudevan and Lim Sze Mei have appointed Non Executive Director into the board recently. Thirdly, I also notice that they begin to focus on industry specific metrics. I begin to feel that I have invested in a right company. Not because I am good at analyzing a stock. It is because somebody has done the homework for me. And Creador are already proven they are a value investor. Since they have actively involved, what else I need to do?
Below the link
http://www.creador.co/m/our-investment-team.php
With this team of best brainers professional money managers what else can I ask for.
Essential No 5.
GHL SYSTEMS BHD.THE HIDDENGEM DISCOVERED BY CREADOR II
In a very one morning, like usual, I was having my morning breakfast, suddenly my phone ring disrupted me that morning from a call from my best friend. She says, " Do you know who will be getting a private placement in GHL ? I was actually still half awake, and didn't answer that question, for a few seconds. She continues with," Ananda Krishnan is getting a piece of GHL do you know that! Omg ! When I heard that, I disbelieve what I heard. After a brief chat i come to understand it is not him that invested directly. It is a Private Equity firm by the name Cygas are confirming getting a stake from Ghl through a private placement of 20% stake of total paid up after the mergers of Ghlsys and E-Pay Limited Asia. They automatically becoming one of the major shareholders just behind Simon Loh that command a 36 % stake on total paid up in Ghlsys.
My first reaction is. What is there to be excited about? Who are they? Are they the same as other institutional fund or mutual fund that will sell when the value goes up.? Why they choose GHL? Is there no other company to spot or something that they know about that normal investor don't know? This is my first impression. But I was wrong. Instead of doing my check up on them, I belittle them. I later discovered that they have spent much time and money to make up this deal. If it is not a hiddengem, why are they so interested at Ghlsys? Out of 600 companies they research, they pick GHL as one of the targets portfolio. What is so good about this company? When the mergers successfully integrated on Feb 2014, Creador II has quietly increased their stakes to about 26% and the best part is there is a sudden big increase of the institutional and mutual fund investor listed on the list recently. What is the value that they see? In a short period of 4 months, there are numerous positive movement of big money moving into this company. Is there really something I can't figure out as at today?
What is the value they can create?
http://www.focusmalaysia.my/Markets/Creador-s-consumer-centred-investment-preference
My first reaction is. What is there to be excited about? Who are they? Are they the same as other institutional fund or mutual fund that will sell when the value goes up.? Why they choose GHL? Is there no other company to spot or something that they know about that normal investor don't know? This is my first impression. But I was wrong. Instead of doing my check up on them, I belittle them. I later discovered that they have spent much time and money to make up this deal. If it is not a hiddengem, why are they so interested at Ghlsys? Out of 600 companies they research, they pick GHL as one of the targets portfolio. What is so good about this company? When the mergers successfully integrated on Feb 2014, Creador II has quietly increased their stakes to about 26% and the best part is there is a sudden big increase of the institutional and mutual fund investor listed on the list recently. What is the value that they see? In a short period of 4 months, there are numerous positive movement of big money moving into this company. Is there really something I can't figure out as at today?
What is the value they can create?
http://www.focusmalaysia.my/Markets/Creador-s-consumer-centred-investment-preference
Essential No 6.
GHL SYSTEMS BHD. IS IT A STOCK TO MAKE A QUICK MONEY?
I notice that some people generally perceive themselves are better decision maker and at times overestimate their skill that they actually are. When Ghlsys is uptrending every time, there are many traders got trapped and I felt deeply sad about it. Perhaps there are more skillful traders managed to make some handsome gain when they have bought it while the share prices retreated to an undervalue level.
As this company is still very young at this moment, there is much opportunity to trade and make a quick buck while the price taking a plunge like it did recently. We have to be confident while trading this stock and by the meantime giving sufficient time for Ghlsys to fundamentally prove itself. This will perhaps one of the biggest obstacles to investors successfully trade this company effectively.
If people are generally influenced psychologically, it will likely miss out the opportunity to make some quick bucks while the volatility is happening. This volatility happens due to the institutional involvement and it is not related to fundamental changes or whatever negative news. I choose to adopt a more conservative way to manage my trade in this company. I trust the professional money managers and the management will probably prove themselves soon. I wish all Ghl Systems Bhd investors and traders all the best in the future.
I notice that some people generally perceive themselves are better decision maker and at times overestimate their skill that they actually are. When Ghlsys is uptrending every time, there are many traders got trapped and I felt deeply sad about it. Perhaps there are more skillful traders managed to make some handsome gain when they have bought it while the share prices retreated to an undervalue level.
As this company is still very young at this moment, there is much opportunity to trade and make a quick buck while the price taking a plunge like it did recently. We have to be confident while trading this stock and by the meantime giving sufficient time for Ghlsys to fundamentally prove itself. This will perhaps one of the biggest obstacles to investors successfully trade this company effectively.
If people are generally influenced psychologically, it will likely miss out the opportunity to make some quick bucks while the volatility is happening. This volatility happens due to the institutional involvement and it is not related to fundamental changes or whatever negative news. I choose to adopt a more conservative way to manage my trade in this company. I trust the professional money managers and the management will probably prove themselves soon. I wish all Ghl Systems Bhd investors and traders all the best in the future.
Essential No 7.
WHY GHL NEED CREADOR WHILE THEY ARE CASH RICH?
Ghlsys is considered in a very positive cash hoard in their coffers after the merging with E-Pay Limited Asia according to their latest quarterly report. When they know that their accounts have sufficient capitals and improving revenues, why are they placing out their valuable shares totaled to about 20% to Cygas (Creador)? Is there any benefits other than monetary issues? Cygas in the other hand, actively acquiring E-Pay at ASX end of Dec 2013 at a huge premium around £ O.65¢ to £ 0.75¢ much more than the capital return of £ 0.42¢.This is a mystery to me when I notice that Ghlsys doesn't need any monetary assistance or in any distress shown in any way I look at it. The other areas I have looked into is dividends. But Ghlsys doesn't propose any either. What makes Ghlsys accept them being their major shareholders and what makes Creador interested to join in the new structured company? Is there any synergies that beneficial to Ghlsys particularly to Simon Loh as he is the one running the show in the company.
In order to make this deal this company must have a comprehensive management plan, good financial projection, experienced management team and strong growth potential. Normally Equity Fund Manager does not involve on management and technical expertise. They mainly focus on funding and exit strategy. Ghlsys actually does not equivalent to another company they have invested as the base is not large enough compared to Bonia, Old Town and it just to name a few. What is there other than the core business that Ghl is focusing on: Electronic Payment Gateway in South East Asia. Since the money managers are connected to Maxis, Astro, Banks and some other connection that link to Usaha Tegas, I view it as a win win situation in a low profile way.
Since Ghlsys is actively expanding their business and customer base (B2C) (B2B) , maybe there are some affialation among both of them but in a low profile manner. Only from this point of view , I can explain why this joint effort is connected. Especially both of the key management team has appointed to the board of directors recently. Hopefully they successfully form a good partnership as the company is gradually maturing from a 100 million cap rises to almost 400 million cap recently.I believe with their experience and monetary muscle combined , another surprise of enlarging the business model and company size is in the making now. Other than that i do not see any reason why this synergies between Ghl and Creador is needed to be carried out in the first place. Hope I am not wrong.
Essential No 8.
GHL SYSTEMS BHD. HOW TO PROFIT FROM THIS BORING STOCK.
One of the reasons I found investing in Ghlsys is not exciting at all. If I were to make my investment exciting, it will have to make thing more difficult and cost me more money in the long run. In fact, it will be defeating my efforts to grow my wealth. Actually, I am not concerned much about the fluctuation as I am more focus on the different thing. This is one of the most boring stock that I have in my life. But I do not lose a single cent, while staying with it. I am sticking to my principle that eventually it will reward me when the time is ripe.
Instead, I have found out that this volatility is a great way to make additional nice profits when the market rebounded nicely. Slow and steady really works for this company. Instead of running away with fears, when it plunged and with steady approaches much profits will be generated when strategic technique is being practiced. I am contempt staying with this boring thing, because I have a sad experience seeing someone who has wasted a considerable amount of money trying to picking up stocks in an effort to win only end up in the losing end.
I am fortunate that I have invested in this boring stock. I have no regret in my decision. Although it is not exciting, but it rewarded me well. I sleep well and I am looking forward for another uptrend again. I can wait. I will wait. As far as I know, I know the trend too well. Only now I begin to understand what is " INVEST IN WHAT YOU KNOW AND UNDERSTAND WHAT YOU INVEST." As the price of this company beginning to show value, it is time for me to celebrate again.
Essential No 9.
GHL SYSTEMS BHD. NO RISK FACTOR NO REWARD.
When we must eliminate the risk, the reward will not present itself. I still remember when the new management started to take over from this mismanaged company in 2010, I was very excited about the new lease of life that someone like me to decide to invest in a technology company that monopolized the e-payment business in the region. Although it is not in good financial health, but the industry is striving. I believe risk is man created. It is not coming overnight without a reason. While the company is doing well, but we can't know how much damaged that one unethical team of management can do to a company.
Eventually, in early 2011, the new management has to write off around rm20 million onetime lost, not operating lost but the damaged already done. I was wondering at that time, how can a public listed company management can make it better or die easily? Yes, I can say it is very easy to do that. Integrity and ethical. The most important element to eliminate risk and reward. The price of this share plunge immediately, although it is not an operation lost, it is still negative news, thanks to the previous team. But then, when the value drops and people fear, risk is there but the larger reward is there too. The new management is doing a right thing. If I am not mistaken, they have made their promises. To revive it and make it a profitable result the next quarter. They make it. They have proven itself.
For a moment of fear and risk, the transition begins from that moment. With the integrity, determination and an ethical way of managing a company, they have delivered their results and promises. Risk is self created. At least we can see the future clearly with the management passion, transparent and ethical way in conducting a business. The rest is history. Now that they have grown to a medium size entity, what is the reward and risk in term of future earnings and revenues? The point is there to be explored. The history is available to be studied. The first positive accomplishment is Ghlsys beginning to attract genuine equity investors. I believe in this ever challenging and the uncertainty in stock market environment, well managed company is well sought after. At least it can see the future clearly. It is an important strategy and method to achieve their mission and move forward. Internet and e-payment has boomed in developing countries. THE RISK IS IN THE DEVEVOPING COUNTRIES, THE REWARD IS AT OUR UNDEVELOPED REGION. Nobody knows the real impact of this social technology will bring to this company. It's not only mean to make money; the money must be healthy money by contributing to the society. If their mission is to solve social and business lifestyle, I believe they will create a history again to me and my REWARD and NOT RISK.
Essential No 10.
Ghlsys is considered in a very positive cash hoard in their coffers after the merging with E-Pay Limited Asia according to their latest quarterly report. When they know that their accounts have sufficient capitals and improving revenues, why are they placing out their valuable shares totaled to about 20% to Cygas (Creador)? Is there any benefits other than monetary issues? Cygas in the other hand, actively acquiring E-Pay at ASX end of Dec 2013 at a huge premium around £ O.65¢ to £ 0.75¢ much more than the capital return of £ 0.42¢.This is a mystery to me when I notice that Ghlsys doesn't need any monetary assistance or in any distress shown in any way I look at it. The other areas I have looked into is dividends. But Ghlsys doesn't propose any either. What makes Ghlsys accept them being their major shareholders and what makes Creador interested to join in the new structured company? Is there any synergies that beneficial to Ghlsys particularly to Simon Loh as he is the one running the show in the company.
In order to make this deal this company must have a comprehensive management plan, good financial projection, experienced management team and strong growth potential. Normally Equity Fund Manager does not involve on management and technical expertise. They mainly focus on funding and exit strategy. Ghlsys actually does not equivalent to another company they have invested as the base is not large enough compared to Bonia, Old Town and it just to name a few. What is there other than the core business that Ghl is focusing on: Electronic Payment Gateway in South East Asia. Since the money managers are connected to Maxis, Astro, Banks and some other connection that link to Usaha Tegas, I view it as a win win situation in a low profile way.
Since Ghlsys is actively expanding their business and customer base (B2C) (B2B) , maybe there are some affialation among both of them but in a low profile manner. Only from this point of view , I can explain why this joint effort is connected. Especially both of the key management team has appointed to the board of directors recently. Hopefully they successfully form a good partnership as the company is gradually maturing from a 100 million cap rises to almost 400 million cap recently.I believe with their experience and monetary muscle combined , another surprise of enlarging the business model and company size is in the making now. Other than that i do not see any reason why this synergies between Ghl and Creador is needed to be carried out in the first place. Hope I am not wrong.
Essential No 8.
GHL SYSTEMS BHD. HOW TO PROFIT FROM THIS BORING STOCK.
One of the reasons I found investing in Ghlsys is not exciting at all. If I were to make my investment exciting, it will have to make thing more difficult and cost me more money in the long run. In fact, it will be defeating my efforts to grow my wealth. Actually, I am not concerned much about the fluctuation as I am more focus on the different thing. This is one of the most boring stock that I have in my life. But I do not lose a single cent, while staying with it. I am sticking to my principle that eventually it will reward me when the time is ripe.
Instead, I have found out that this volatility is a great way to make additional nice profits when the market rebounded nicely. Slow and steady really works for this company. Instead of running away with fears, when it plunged and with steady approaches much profits will be generated when strategic technique is being practiced. I am contempt staying with this boring thing, because I have a sad experience seeing someone who has wasted a considerable amount of money trying to picking up stocks in an effort to win only end up in the losing end.
I am fortunate that I have invested in this boring stock. I have no regret in my decision. Although it is not exciting, but it rewarded me well. I sleep well and I am looking forward for another uptrend again. I can wait. I will wait. As far as I know, I know the trend too well. Only now I begin to understand what is " INVEST IN WHAT YOU KNOW AND UNDERSTAND WHAT YOU INVEST." As the price of this company beginning to show value, it is time for me to celebrate again.
Essential No 9.
GHL SYSTEMS BHD. NO RISK FACTOR NO REWARD.
When we must eliminate the risk, the reward will not present itself. I still remember when the new management started to take over from this mismanaged company in 2010, I was very excited about the new lease of life that someone like me to decide to invest in a technology company that monopolized the e-payment business in the region. Although it is not in good financial health, but the industry is striving. I believe risk is man created. It is not coming overnight without a reason. While the company is doing well, but we can't know how much damaged that one unethical team of management can do to a company.
Eventually, in early 2011, the new management has to write off around rm20 million onetime lost, not operating lost but the damaged already done. I was wondering at that time, how can a public listed company management can make it better or die easily? Yes, I can say it is very easy to do that. Integrity and ethical. The most important element to eliminate risk and reward. The price of this share plunge immediately, although it is not an operation lost, it is still negative news, thanks to the previous team. But then, when the value drops and people fear, risk is there but the larger reward is there too. The new management is doing a right thing. If I am not mistaken, they have made their promises. To revive it and make it a profitable result the next quarter. They make it. They have proven itself.
For a moment of fear and risk, the transition begins from that moment. With the integrity, determination and an ethical way of managing a company, they have delivered their results and promises. Risk is self created. At least we can see the future clearly with the management passion, transparent and ethical way in conducting a business. The rest is history. Now that they have grown to a medium size entity, what is the reward and risk in term of future earnings and revenues? The point is there to be explored. The history is available to be studied. The first positive accomplishment is Ghlsys beginning to attract genuine equity investors. I believe in this ever challenging and the uncertainty in stock market environment, well managed company is well sought after. At least it can see the future clearly. It is an important strategy and method to achieve their mission and move forward. Internet and e-payment has boomed in developing countries. THE RISK IS IN THE DEVEVOPING COUNTRIES, THE REWARD IS AT OUR UNDEVELOPED REGION. Nobody knows the real impact of this social technology will bring to this company. It's not only mean to make money; the money must be healthy money by contributing to the society. If their mission is to solve social and business lifestyle, I believe they will create a history again to me and my REWARD and NOT RISK.
Essential No 10.
CROSS BORDER JOINT SYNERGIES WITH INTERNET TITANS WILL MATERIALIZE SOON?
A leading Chinese internet payment titan ALIPAY has recently announced a couple of deals that raising eyebrows of e-payment followers. With South East Asia and China relationship has risen tremendously regarding in tourism and business volume, e- commerce and e-payment solution is expected to see a rapid growth from now onwards. The news has said that they have teamed up with e-Nets from Singapore to boost up cross border trades business between the two countries. Their outlook for Malaysia and South East Asia as a whole is very positive. And it is just the beginning. What is interesting is because of some financial regulations and jurisdiction, they have to partner or synergy their operation with local peers to link up the opportunity. Mr. Raj Lorenzo, CEO of Ghl has been working at e-Nets as the MD for ten years before,it is possible that he may have the experience to work things out that beneficial to Ghlsys. I wish with the sudden emergence of Alibaba Group will bring positive development of strategic partnership with local companies, the near future may present some interesting breakthrough to all companies related to this sector.
Another notable move from Alibaba is they have just beginning to acquire GDex. What is their next target? Who? Only time will tell.....
Please refer the link below for further study.
Tuesday, May 27, 2014
KLCI 26-5-2014
Temporary wave 5 high at 1889.47 on May 19. Today, CI broke thru 30MA and 1870 support.
Next support at 1849 region. If 1849 violates, short term correction will kick in.
CI need to stay above 1870 to continue uptrend!
KLCI weekly on overbought region too.
Trade wisely. Dont get involve too much on peanut goreng stocks for the time being!
Maybulk 27-5-2014
For discussion only:-
Maybulk completed its major wave 5 at 2.24 on April 14. It broke thru at the long term support trendline 1.88-1.89 on May 8. This pretty much confirmed wave 1,2.3,4,5 is completed.
It undergoes corrective wave 1,2,3 now.... price probably will trade within the downward channel with final corrective wave 5 at 1.60 area (61.8% retracement)
Maybulk completed its major wave 5 at 2.24 on April 14. It broke thru at the long term support trendline 1.88-1.89 on May 8. This pretty much confirmed wave 1,2.3,4,5 is completed.
It undergoes corrective wave 1,2,3 now.... price probably will trade within the downward channel with final corrective wave 5 at 1.60 area (61.8% retracement)
Tuesday, May 13, 2014
Saturday, May 10, 2014
9962 GMUTUAL
another uptrend mode still on....GMUTUAL....i m close monitor it.....Ascending Triangle happen in Gmutual yearly chart
price will retest again 0.515 , strong resistance 0.55..... we need volume increase to push the price broke over Ascending Triangle.....will test another resistance 0.585 / 0.605....
support at 0.485 , S 2 0.46......
Wednesday, April 30, 2014
GHLSYS CORRECTION MODE AFTER TOUCH 1.08
GHLSYS
AFTER TOUCH OUR TP 1.06.....HAVE BIG CORRECTION NOW...SO, IS TIME FOR US TO FOUND...WHERE IS REAL SUPPORT PRICE FOR THIS GHLSYS....CHASE? GUESSING?
LAST TIME I HAVE MENTION 1.13 IS MID TERM..
http://chrissyconn.blogspot.com/2014/04/chart-updated-httpchrissyconn.html
SO, IS TIME TO FOUND OUT WHERE IS REAL SUPPORT FOR THIS CTR....
PRICE STILL HEALTHY BCUS STILL UPTREND MODE ...PRICE STILL ABOVE 200MA, PRICE STILL ABOVE 50MA MEAN 50DAYS MOVING AVERAGE 0.85...
some SHORT TERM TRADER will not play this counter...why? bcus still bearish at short term....punter time is OVER in this counter...now is the great time we can slowly patient found true support price BEFORE HAVE ANOTHER UP WAVE TO 1.15 BASED ON MIDTERM....
IN SHORT TIME....BASED ON MOVEMENT UNTIL 25/4/2014....
we can see price have resistance at 0.935.....support at 0.85..... so, we wait for reversal happen ....
:D
UPDATED 30/4/2013
based on yearly chart, can realise if broke over 50ma, will immediately found 100ma is support price at 0.80.....based on previous weakness on end august , end January and early march....price can find strong support on 100ma .....
WE NEED REVERSAL BASED ON,
1. we waiting wide spread up, on high volume, punching through the top of a trend channel (supply line)....
2. YEARLY CHART ALREADY OVERSOLD REGIONS ...
3. we wait STO blue line cross over RED line....
UPDATED 21 JUNE 2014
20ma cross over 50ma ...price now stand above 50 ma is bullish short term....as we predict price touch resistance 0.99 drop back have correction .....so patient to wait another bullish trend....
congrats who bought at oversold zone...now have rewards....
our resistance still same 0.99 , 1.03/1.08 , if broke 1.08 will TEST NEW HIGH 1.16 /1.24 next resistance......
AFTER TOUCH OUR TP 1.06.....HAVE BIG CORRECTION NOW...SO, IS TIME FOR US TO FOUND...WHERE IS REAL SUPPORT PRICE FOR THIS GHLSYS....CHASE? GUESSING?
LAST TIME I HAVE MENTION 1.13 IS MID TERM..
http://chrissyconn.blogspot.com/2014/04/chart-updated-httpchrissyconn.html
SO, IS TIME TO FOUND OUT WHERE IS REAL SUPPORT FOR THIS CTR....
PRICE STILL HEALTHY BCUS STILL UPTREND MODE ...PRICE STILL ABOVE 200MA, PRICE STILL ABOVE 50MA MEAN 50DAYS MOVING AVERAGE 0.85...
BASED ON WEEKLY CHART ...INTERSTING THAT WE CAN FOUND SUPPORT PRICE AT 0.855...10 DAYS MOVING AVERAGE
some SHORT TERM TRADER will not play this counter...why? bcus still bearish at short term....punter time is OVER in this counter...now is the great time we can slowly patient found true support price BEFORE HAVE ANOTHER UP WAVE TO 1.15 BASED ON MIDTERM....
IN SHORT TIME....BASED ON MOVEMENT UNTIL 25/4/2014....
we can see price have resistance at 0.935.....support at 0.85..... so, we wait for reversal happen ....
:D
UPDATED 30/4/2013
29/4/2013 HAPPEN OVERALL BAD MARKET CORRECTION OVER 750 COUNTER DROP....SO, GHLSYS BROKE DOWN OVER 50MA.....
based on yearly chart, can realise if broke over 50ma, will immediately found 100ma is support price at 0.80.....based on previous weakness on end august , end January and early march....price can find strong support on 100ma .....
WE NEED REVERSAL BASED ON,
1. we waiting wide spread up, on high volume, punching through the top of a trend channel (supply line)....
2. YEARLY CHART ALREADY OVERSOLD REGIONS ...
3. we wait STO blue line cross over RED line....
UPDATED 10 MAY 2014
REVERSAL GHLSYS after OVERSOLD REGIONs
As we expect on 30/4/2014,
we can found reversal happen at 6th may 2014 ,
now we can found that' price will be RETEST 0.87 .....resistance 2 (R2) 0.93 , R3 0.99 , R4 1.08
support can found 0.825 , support 2 0.765 , support 3 0.73 cut loss if break down over 0.675....
UPDATED 21 JUNE 2014
20ma cross over 50ma ...price now stand above 50 ma is bullish short term....as we predict price touch resistance 0.99 drop back have correction .....so patient to wait another bullish trend....
congrats who bought at oversold zone...now have rewards....
our resistance still same 0.99 , 1.03/1.08 , if broke 1.08 will TEST NEW HIGH 1.16 /1.24 next resistance......
Tuesday, April 8, 2014
5095 Hevea
8-4-2014
Hevea is trending in upward channel. Rebound from 1.32 today to close at 1.39.
Price might trends up to 1.55 to 1.60 area!
26-3-2014
After hitting WAVE 3 at 1.45, the price crumbling down to 1.01 to hit wave 4
The price has been moving up nicely forming higher low to establish a ascending triangle!
Broke up from cup and handle formation but no goreng yet.
Volume has been building up nicely.
If 1.45 (double resistance) can be taken out with convincing VOLUME, we shall see Hevea heading to wave 5 peaking at RM 1.65 / 1.70.
Hevea is trending in upward channel. Rebound from 1.32 today to close at 1.39.
Price might trends up to 1.55 to 1.60 area!
26-3-2014
After hitting WAVE 3 at 1.45, the price crumbling down to 1.01 to hit wave 4
The price has been moving up nicely forming higher low to establish a ascending triangle!
Broke up from cup and handle formation but no goreng yet.
Volume has been building up nicely.
If 1.45 (double resistance) can be taken out with convincing VOLUME, we shall see Hevea heading to wave 5 peaking at RM 1.65 / 1.70.
Thursday, April 3, 2014
0021 GHLSYS
chart updated
http://chrissyconn.blogspot.com/2014/03/0021-ghlsys.html
1/4/2014 broke 0.915 .....short term will immediately retest 1.06 ....
uptrend mode still bullish on....be caution...will be up and down for correction wave.....
new support will be 0.895, 0.92 , 0.98....
mid term position will be test 1.15....
this price just referring.....buy or sell on own risk
Tuesday, April 1, 2014
3743 MAICA
1/4/2014 volume increase ....resistance at 1.60 , 1.75 ....support 1.41......
no buy /sell call.....happy trading ...cheers!
Maica or Sunsuria TP 1.98 by UOB . Right issue 3 For 1 @0.65, plus 1 free warrant. Share price now @ 1.34 from a high of 1.69 on Feb 17, 2014. If buy now, the average cost will be 0.8225 with 1 free warrant ( 1.34 + 1.95 / 4 = 0.8225 ). The new boss is Datuk Ter Leong Yap, who is the most famed as president of the Chinese Chamber of Commerce and Industry in KL & Selangor.
Catalyst : Ter is likely to inject 3 major property developments into the company valued at about 10% of its estimated GDV of RM10bil.7186 SWSCAP
morning session 1/4/2014 broke out with volume 0.65 wave 3 ....so immediately test tp 0.76 short term
Thursday, March 27, 2014
0166 INARI
0166 INARI - How high can it go?
INARI is on final leg of wave 5.
After hitting high of RM 2.87, it might retraces to 2.61 or 2.46 area before heading to its
final destination at RM 3.20 / 3.25 region.
If market sentiment not allowed, RM 2.87 might be the peak of wave 5.
INARI is on final leg of wave 5.
After hitting high of RM 2.87, it might retraces to 2.61 or 2.46 area before heading to its
final destination at RM 3.20 / 3.25 region.
If market sentiment not allowed, RM 2.87 might be the peak of wave 5.
Monday, March 24, 2014
5213 SNTORIA
5213 SNTORIA - Breaking out from pennant formation?
Look like wave 2 finishing soon. Powerful wave 3 gonna kicks in!
Pennant formation on daily chart.
Once VOLUME kicks in and breakout from pennant, short term target at RM 1.35
Company recent announcement
5/3/2014 i) Proposed share buy back 10%
ii) Proposed 1 warrant for 5 existing share
iii) Proposed increase share capital from 100M to 200M
AGM meeting on 27/3/2014 for the above proposed announcement!
Company 2013 annual report - HERE!
Look like wave 2 finishing soon. Powerful wave 3 gonna kicks in!
Pennant formation on daily chart.
Once VOLUME kicks in and breakout from pennant, short term target at RM 1.35
Company recent announcement
5/3/2014 i) Proposed share buy back 10%
ii) Proposed 1 warrant for 5 existing share
iii) Proposed increase share capital from 100M to 200M
AGM meeting on 27/3/2014 for the above proposed announcement!
Company 2013 annual report - HERE!
Friday, March 21, 2014
7251 Barakah
7251 Barakah - Rebound on sight?
New trading cylce for Barakah after hitting a high of wave 5 at RM 1.90 on 10-2-2014.
It retraced 61.8% to consolidate at RM 1.55 area.
Stage 1 accumulation at the moment.
Barakah 60min chart.
New trading cylce for Barakah after hitting a high of wave 5 at RM 1.90 on 10-2-2014.
It retraced 61.8% to consolidate at RM 1.55 area.
Stage 1 accumulation at the moment.
Barakah 60min chart.
Monday, March 17, 2014
5584 YeeLee
5584 - YeeLee : Challenging new high!
Based on 1 year chart, Wave 3 is still processing!
If 1.48 can be taken out with good volume, should be testing 1.98 for wave 3 peak.
Volume have been building up for last month
Trading plan:
Buy at 1.48 if huge volume kicks in, EXIT if 1.30 break! Short term TP is 1.98.
Price probably will retest 1.48 for support if it manage break it with volume before it scale higher.
Disclaimer: Buy & Sell at your own risk!
Based on 1 year chart, Wave 3 is still processing!
If 1.48 can be taken out with good volume, should be testing 1.98 for wave 3 peak.
Volume have been building up for last month
Cup and handle formation??? Though not a perfect cup... but make do make do. Now... we just need VOLUME for this stock to scale higher! However, directors are disposed some holdings at open market but not at big quantity! http://klse.i3investor.com/servlets/stk/announce/5584.jsp
Buy at 1.48 if huge volume kicks in, EXIT if 1.30 break! Short term TP is 1.98.
Price probably will retest 1.48 for support if it manage break it with volume before it scale higher.
Disclaimer: Buy & Sell at your own risk!
7145 Psiptek
In terms of wave count, c correction is forming now. There may be further pullback if 100ma crosses below 200ma which will also trigger macd to issue sell signal. Should there be no pullback, then the trading range between 29.5 to 33.5 shall remain. For a breakout, 33.5 must be taken down with volume. Once passed 33.5, the next immediate resistance is 36.5 and thereafter it will retest its previous 52 week high of 40.5. Strong support is at 29.5 mark.
Sunday, March 16, 2014
9776 FARMBEST
A positive breakout on 13/3 with vol of 652k about 2.6x of av vol of 253k. The breakout was further convinced on 14/3 by huge trading vol of 2.7mil. Initial resistance at 0.75 - 0.78 range followed by 0.83 barrier. A breach of 0.83 may pave way for the bulls to challenge the previous 52 week high of 0.95. Immediate support at 0.64; followed closely by 0.61 mark.
Thursday, March 13, 2014
0021 GHLSYS
break 83.5/84, immediately retest 0.915 ...if broke again 0.915 again wth volume should be 0.965 no problem
hope can found wave 4 END bottom at 0.765.....bcus correction done C yesterday 14 march ....
Wednesday, March 12, 2014
5071 COASTAL
Coastal 12-3-2014
After it achieved high of 4.80 on 20/8, it retraced nicely 23.6% to 4.12 on March 3rd for wave 4.
Chart wise it looks like wave 5 is processing with final TP around 5.90.
Share price will scale higher if it manage to break 4.85. Long term resistance pointing at 4.92.
Depending on market sentiment, buy on strength if it manages to crack 4.92.
Disclaimer: The chart is for educational purpose only. If you decide to take position, please consult with your remisier!
Tuesday, March 11, 2014
Kfima
kfima is the first dish recommended by this house to all our lovely guests ....
based on chart, broke out the strong resistance 2.11 ... ....today touched 2.27 with 3x volume ... it is expected to break 2.27 to reach a new high at 2.50 and thereafter 2.67. lets enjoy this wonderful journey together. :D http://klse.i3investor.com/servlets/forum/900776253.jsp