How's our auto market? What say you??
30.3.08
TCHONG
Improvement in TCHONG result. Revenue decrease but earnings increased. Does this means margin improved?? Yes, according to its most recent report, the margin improved n 2H07 and it was expected to spill over into 2008.
How's our auto market? What say you??
How's our auto market? What say you??
HAIO
The financial result improved. This FY 3Q result more than doubled last FY 3Q result. Dividend increased from 5 sen to 8 sen, more than 50% increament.
From the daily chart, i think the price is a little over-extended and perhaps it will pull-back to 3.00 then continue the run.
From the daily chart, i think the price is a little over-extended and perhaps it will pull-back to 3.00 then continue the run.
LANDMRK
I think the price will find its support at 2.25 and next 2.16. If these supports are broken, the whole plan has to be re-think.
YTLPOWR
The recent result is boring. Just a marginal improvement. No wonder its share price also flat.
Here is the result.
Here is the result.
HEITECH PADU BERHAD (HTPADU)
HTPADU surprisingly trying to improve its earnings, after such a long time. Probably the DOT-COM BURST still felt by them. But, see the result below, in my eyes, it is improving.
Earning almost triple compare to last year. And somebody is looking at this stock. Look at its share price.
This weekly chart showed that the price had crossed and stayed above its 50wks EMA. A good sign. Let see the daily.
THe daily showed that the price has rallied above its 200d EMA and stayed above it. Last week Friday the price rallied to try to pass the last 3 weeks price. Perhaps next week we can see the price rallied to its next resistance of 0.95 then 1.08. Interesting!!
Earning almost triple compare to last year. And somebody is looking at this stock. Look at its share price.
This weekly chart showed that the price had crossed and stayed above its 50wks EMA. A good sign. Let see the daily.
THe daily showed that the price has rallied above its 200d EMA and stayed above it. Last week Friday the price rallied to try to pass the last 3 weeks price. Perhaps next week we can see the price rallied to its next resistance of 0.95 then 1.08. Interesting!!
OSK
OSK also had their result doubled. More than double. Dividend given also almost double. Assets increased 24 sen/share. How about their share price? Let see.
Its weekly price showed that it is still under pressure and downtrending. Drawing the mid-term downtrend line showed that if the price started to penetrate 1.90 and then 2.24, there's high chance that the price is U-turning. How about daily?
Its daily still at early stage of rebounding. Nothing firm yet.
Its weekly price showed that it is still under pressure and downtrending. Drawing the mid-term downtrend line showed that if the price started to penetrate 1.90 and then 2.24, there's high chance that the price is U-turning. How about daily?
Its daily still at early stage of rebounding. Nothing firm yet.
TA
TA financial result improved. Earnings improved almost double. Asset value improved 10sen. However, its share price is not. Last week closed at 1.20. Lower than its NTA of 1.50.
We've seen some rebound in its share price. Off its low of 0.975 about 3 weeks ago.
It is still below the mid-term downtrend line. When it crosses the line at about 1.30-1.35, the beast is out!!
We've seen some rebound in its share price. Off its low of 0.975 about 3 weeks ago.
It is still below the mid-term downtrend line. When it crosses the line at about 1.30-1.35, the beast is out!!
27.3.08
KLCI
KLCI successfully closed above its immediate resistance level of 1251 today. In fact it closed 2 points higher, probably just to announce that it will go further up tomorrow.
Next potential resistance that i see is 1296, which is 61.8% Fibonacci level.
Let see how it will behave tomorrow.
Happy Investing! YEY!!
Next potential resistance that i see is 1296, which is 61.8% Fibonacci level.
Let see how it will behave tomorrow.
Happy Investing! YEY!!
SCOMIs (SCOMI, SCOMIMR, SCOMIEN)
I am seeing all Scomi group of companies rebounding soon. They are SCOMI, SCOMIMR & SCOMIEN.
Watch out!
Watch out!
26.3.08
BROKERAGE FIRMS STARTED TO MOVE - OSK, TA
Something i noticed today, brokerage firms started to move. I have OSK and TA in my watch, both stocks have started to their way to the course of their journey.
Probably worth watching for the next 2 weeks to see if this trend has started.
AGREE?
YEY!!
Probably worth watching for the next 2 weeks to see if this trend has started.
AGREE?
YEY!!
TMCLIFE
TMCLIFE continue its uptrend today. It broke previous high of 1.53, reaching a high of 1.55, 2 sen higher. However, it closed 1.52.
Since this stock is on uptrend, a weakness in price is a good entry or re-entry.
Happy Investing!!
Since this stock is on uptrend, a weakness in price is a good entry or re-entry.
Happy Investing!!
KENCANA
KENCANA still catching its breath today, but will a smaller quantum. Volume dropped lower than the average level. All indicators showed positive development. GOOD!
Tomorrow might be a good time to make an entry. 1.51?
Remember, Support floor at 1.40. Falling below this level should alert for an exit.
Happy Investing!!
Tomorrow might be a good time to make an entry. 1.51?
Remember, Support floor at 1.40. Falling below this level should alert for an exit.
Happy Investing!!
LANDMARK
LANDMRK continue its dash today. Add another 10% on top of 20% on the previous day. Volume also increased. Reaching high of 2.47 today, just 3 sen off its next resistance of 2.50.
If it breaks 2.50 tomorrow and close above it, it will continue its rebound.
YEY!!!
If it breaks 2.50 tomorrow and close above it, it will continue its rebound.
YEY!!!
NOTION VTEC BERHAD (NOTION)
NOTION result is not so impressive, but improving. Last financial year its revenue touched RM100 million. Its dividend improve marginally. SO-SO result.
Weekly chart triggered break of resistance level, 0.435. Next resistance level is 0.50. Let see the daily chart.
Today the price increased 20% at one go. It also broke its 200d EMA. Volume showed a little improvement. Let see if the price can continue its dash. YEY!
Weekly chart triggered break of resistance level, 0.435. Next resistance level is 0.50. Let see the daily chart.
Today the price increased 20% at one go. It also broke its 200d EMA. Volume showed a little improvement. Let see if the price can continue its dash. YEY!
SINDORA BERHAD (SINDORA)
Fundamentally, the earning was double compare to last year. Revenue increase almost 50%. bad news is, the was no dividend declared. How's the technical analysis?
The weekly chart shows price action is just about to make a move, north-bound. 1.68 is the resistance level. If by end of this week, it can pass this level convincingly with reasonable volume, we can count on the move. How's the daily? Let see.
On daily chart, i can say almost all indicators (accept Accum/Dist) about to start the uptrend. So, what shall we do? BUYYYY!!!
The weekly chart shows price action is just about to make a move, north-bound. 1.68 is the resistance level. If by end of this week, it can pass this level convincingly with reasonable volume, we can count on the move. How's the daily? Let see.
On daily chart, i can say almost all indicators (accept Accum/Dist) about to start the uptrend. So, what shall we do? BUYYYY!!!
25.3.08
KL COMPOSITE INDEX (KLCI)
Composite Index looking to break 1251.35 to confirm that current temporary uptrend is not a false uptrend. From closing today, 1229.95, that is another 21.4 (1.74%) points rise tomorrow. From the percentage point of view, i think it is possible to achieve.
However, let see the condition tomorrow.
However, let see the condition tomorrow.
LANDMARK BERHAD (LANDMRK)
Same case as SCOMI, LANDMRK is about to start its dash of 100m run. I'm waiting for the price to break 2.10 convincingly. How's the daily chart.
On the daily chart, today it broke the 2.10 level. Let see if the price can hold support of 2.25 (today's high) tomorrow if it continues its dash.
On the daily chart, today it broke the 2.10 level. Let see if the price can hold support of 2.25 (today's high) tomorrow if it continues its dash.
SCOMI
Is SCOMI breaking its downtrend channel? From the weekly chart, the price looks like erady to make a move. Let see the daily chart.
From the daily chart, the price is just about to make a move. If the price can penetrate 1.00 level, i opine that it will make that uptrend move. I guess we have to see tomorrow's move.
From the daily chart, the price is just about to make a move. If the price can penetrate 1.00 level, i opine that it will make that uptrend move. I guess we have to see tomorrow's move.
KENCANA
KENCANA take a breather today. Probably it will find a support at 1.51 and it might be a good entry. But if it opens with a gap-up and it hold support at 1.59, i suppose it will resume the uptrend.
Happy Investing!
Happy Investing!
DIVIDEND PLAY - YEO HIAP SENG (M) BERHAD (YHS)
Another dividend play is YHS. 9 sen dividend based on today's closing of 1.50. This translate to yield of 6%.
The dividend x-date is 18.June.08 (3 months from now). Certainly worth watching.
The dividend x-date is 18.June.08 (3 months from now). Certainly worth watching.
DIVIDEND PLAY - NCB HOLDINGS BERHAD (NCB)
Based on today's closing, 3.12, NCB's dividen of 20sen, x-date 23.April (1 month from now) will yield about 6.4%. This is quite high. Certainly worth watching.
24.3.08
MINETEC
The price closed at 0.23 today. Not passing it. If tomorrow the price penetrate above this level, it can continue.
LIQUA HEALTH CORPORATION BERHAD (LIQUA)
Liqua's result is bad. Fundamentally, it is not doing good business.
However, this monthly chart shows that it is going to rebound from its bottom.
Then, this weekly chart has already showed the price already lift-off from its floor.
Then, this daily chart showed in 2-days, the price has appreciated by almost 120%!
This stock is PURELY SPECULATIVE!!
However, this monthly chart shows that it is going to rebound from its bottom.
Then, this weekly chart has already showed the price already lift-off from its floor.
Then, this daily chart showed in 2-days, the price has appreciated by almost 120%!
This stock is PURELY SPECULATIVE!!
KENCANA PETROLEUM BERHAD (KENCANA)
What KENCANA does?
Kencana Petroleum Berhad, an investment holding company, provides integrated engineering and fabrication solutions for oil and gas industry in Malaysia. It undertakes various engineering and fabrication works for onshore and offshore production facilities, which include initial consultation, conceptualisation, detailed design, engineering drawing, model building, procurement of raw materials and components, fabrication, transportation and delivery, and installation and commissioning. The company also involves in the engineering, construction, and commissioning of oil and gas facilities, oil and gas pipelines, storage tanks, water supply system for power plants, and water pipelines; and design, engineering, and fabrication of various types modules, including gas compression, carbon dioxide removal, and water injection modules, as well as steel superstructures. In addition, Kenchana Petroleum undertakes design, engineering, and fabrication of process skid systems, including metering, de-sander, air compression, gas conditioning, chemical injection, air dryer, and crude oil separator skids, as well as designing process skid systems. Further, it offers a range of supporting services, including general maintenance services, such as valve maintenance and refurbishment, testing and recalibration of pressure safety valves, and plant shutdown and maintenance services; single buoy mooring maintenance services, that comprise system overhaul and refurbishment, replacement of worn-out parts, hose change-out, and installation and commissioning of offshore structures; and other supporting services consisting of shutdown engineering services, material and equipment maintenance, and third-party consultancy services. The company was incorporated in 2004 under the name Radiant Horizon Sdn Bhd. and changed its name to Kencana Petroleum Sdn Bhd in August 2005. Further, it changed its name to Kencana Petroleum Berhad in September 2005. The company is based in Sungai Buloh, Malaysia.
Weekly chart shows that price has rebounded. It has gone passed 1.50 convincingly. Time to go in.
The daily chart MACD already had Golden Crossing. I'm waiting to see the price action, whether it can go pass 1.79, then pull back a little for me to take position. Let see.
Here is the quarterly result. It announced the 2Q result today. Cumulatively, it almost double its income compare to last FY. Solid performance!
Kencana Petroleum Berhad, an investment holding company, provides integrated engineering and fabrication solutions for oil and gas industry in Malaysia. It undertakes various engineering and fabrication works for onshore and offshore production facilities, which include initial consultation, conceptualisation, detailed design, engineering drawing, model building, procurement of raw materials and components, fabrication, transportation and delivery, and installation and commissioning. The company also involves in the engineering, construction, and commissioning of oil and gas facilities, oil and gas pipelines, storage tanks, water supply system for power plants, and water pipelines; and design, engineering, and fabrication of various types modules, including gas compression, carbon dioxide removal, and water injection modules, as well as steel superstructures. In addition, Kenchana Petroleum undertakes design, engineering, and fabrication of process skid systems, including metering, de-sander, air compression, gas conditioning, chemical injection, air dryer, and crude oil separator skids, as well as designing process skid systems. Further, it offers a range of supporting services, including general maintenance services, such as valve maintenance and refurbishment, testing and recalibration of pressure safety valves, and plant shutdown and maintenance services; single buoy mooring maintenance services, that comprise system overhaul and refurbishment, replacement of worn-out parts, hose change-out, and installation and commissioning of offshore structures; and other supporting services consisting of shutdown engineering services, material and equipment maintenance, and third-party consultancy services. The company was incorporated in 2004 under the name Radiant Horizon Sdn Bhd. and changed its name to Kencana Petroleum Sdn Bhd in August 2005. Further, it changed its name to Kencana Petroleum Berhad in September 2005. The company is based in Sungai Buloh, Malaysia.
Weekly chart shows that price has rebounded. It has gone passed 1.50 convincingly. Time to go in.
The daily chart MACD already had Golden Crossing. I'm waiting to see the price action, whether it can go pass 1.79, then pull back a little for me to take position. Let see.
Here is the quarterly result. It announced the 2Q result today. Cumulatively, it almost double its income compare to last FY. Solid performance!
TMCLIFE
WOW!!
Suddenly, this stock put a break on its price. I dont know the reason.
However, optimistically, i think maybe this is an opportunity to get in at 1.37, the support.
If tomorrow the price continue to close higher, it is resuming its uptrend.
Let see.
Suddenly, this stock put a break on its price. I dont know the reason.
However, optimistically, i think maybe this is an opportunity to get in at 1.37, the support.
If tomorrow the price continue to close higher, it is resuming its uptrend.
Let see.
23.3.08
TMCLIFE BERHAD (TMCLIFE) - Updates
Here is the chart updates on the weekly and daily.
On the weekly chart, it passed 1.41 level 2 weeks ago. However, for confirmation, it hasn't break 1.49 level yet. Once it break this level, i'm looking that it will be heading to break 1.78. Lets follow this stock.
On the daily chart, probably tomorrow, monday, it will break 1.49 level. It must break 1.49 convincingly with decent volume more than 10k lots.
On the weekly chart, it passed 1.41 level 2 weeks ago. However, for confirmation, it hasn't break 1.49 level yet. Once it break this level, i'm looking that it will be heading to break 1.78. Lets follow this stock.
On the daily chart, probably tomorrow, monday, it will break 1.49 level. It must break 1.49 convincingly with decent volume more than 10k lots.
RAPID SYNERGY BERHAD (RAPID)
Rapid Synergy Berhad, an investment holding company, engages in the manufacture of precision tools, dies, and moulds for the semiconductor, electrical, and electronics industries in Malaysia. It also involves in construction and project management, and property development activities. The company is based in Penang, Malaysia.
Here is the last 2 years quarterly result.
Monthly Chart look like it is heading higher, passed 1.97 level.
Weekly Chart confirming passing last 3 weeks high of 1.97.
Daily Chart showed last week friday close 2 sen higher at 1.99. Confirming it is heading higher. Problem is this stock is illiquid.
Here is the last 2 years quarterly result.
Monthly Chart look like it is heading higher, passed 1.97 level.
Weekly Chart confirming passing last 3 weeks high of 1.97.
Daily Chart showed last week friday close 2 sen higher at 1.99. Confirming it is heading higher. Problem is this stock is illiquid.
19.3.08
WARISAN TC HOLDINGS BERHAD (WARISAN)
Warisan TC Holdings Berhad, an investment holding company, provides management services. It also engages in the operation of inbound and outdoor tours, hiring of cars and coaches, provision of air ticketing services, operation of hairdressing academy, sale and rental of industrial machinery and equipment, and underwriting of captive insurance business. In addition, the company manufactures undergarments; and distributes and sells cosmetics, health care, and consumer products, as well as material handling equipment, agriculture tractors, engines, and construction equipment and parts. Further, it engages in the manufacture, distribution, and sale of generator sets, engines, alternators, and related accessories. Warisan TC Holdings was incorporated in 1997 and is based in Petaling Jaya, Malaysia.
Weekly chart has yet to penetrate 2.16. I need the price to pass 2.16 convincingly with constant high volume.
Weekly chart has yet to penetrate 2.16. I need the price to pass 2.16 convincingly with constant high volume.
TMCLIFE BERHAD (TMCLIFE)
TMC Life Sciences Berhad, through its subsidiaries, provides a range of fertility treatment services in Malaysia. It engages in the provision of consultancy, and research and development services; the provision of storage of cord blood and adult stem cells, stem cell therapy, and application services; the establishment and operation of women’s clinic; and gynaecological and fertility problem management activities. The company is based in Petaling Jaya, Malaysia.
Technically, it has passed 1.41. Look like it is now going towards 1.78. I might be buying. I need volume to show a little more confidence.
Technically, it has passed 1.41. Look like it is now going towards 1.78. I might be buying. I need volume to show a little more confidence.
SRII BERHAD (SRII)
SRII Berhad, through its subsidiaries, engages in the manufacture and trade of fire fighting equipment primarily in Malaysia. Its products include fire hose reel equipment, wet and dry riser equipment, hydrant equipment, nozzles, adaptors and couplings, foam station equipment, fire extinguishers, cabinets, sprinkler system equipment, flow control equipment, carbon dioxide automatic extinguishing systems, powder fire extinguishers, fire alarm products, and fire suppression systems. SRII also involves in the installation of fire fighting and prevention systems, as well as servicing and dealing in related equipment; and offers plumbing services. In addition, it engages in the investment and development of properties. The company was founded in 1974 and is based in Subang Jaya, Malaysia. SRII Berhad is a subsidiary of Eastern Perfection Sdn Bhd.
Look like it has broken RM 1 level. Lets look if the price can penetrate Rm1.16 for confirmation of an uptrend.
Look like it has broken RM 1 level. Lets look if the price can penetrate Rm1.16 for confirmation of an uptrend.
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