Kuala Lumpur Stock Pick

MUDA & SUCCESS & HUAAN - Waiting for signal..

2008-04-22T23:47:00.004+08:00

These 3 stocks are waiting their que to resume their uptrend. Watch the price behavior...

HUBLINE & KENCANA & RCECAP - March Through..

2008-04-22T23:33:00.005+08:00

Start with HUBLINE.
It marches past its previous immediate high of 49.5sen, WITH VOLUME.
Weekly chart signaled the first green light.
Tomorrow it will be facing next immediate resistance of 52.5 sen. Maybe no problem since the volume is supportive. But tomorrow is a new day..

Now KENCANA.
This one looks promising. After went through previous resistance of 1.84 and 1.88, it closed with a big white candle. Next resistance possibly be 2.28, that is about 28sen from yesterday's close. Entry maybe at 1.88, if the price is too strong probably at 1.99 or 2.00.

RCECAP.
About same as Kencana, next immediate resistance is 81sen. Might be considering an entry at 64.5 sen. Aiming for 81 sen.

KLCI SHOWING ITS NERVE!!

2008-04-22T23:29:00.003+08:00

KLCI lifted off its resistance 1267, 3 days ago. Now it is trying to fill-up the gap it left after the General Election about 1.5months ago.
Can it fill the gap? Still yet to be confirmed...

SARAWAK - TURBO-CHARGED!!

2008-04-22T23:26:00.005+08:00

I'm expecting a pull-back on this stock. I would like to join the ride. I've put 3 entry level that i'm considering. Let see how it goes.

HAIO - Trying to form a double-top or trying to break a new high?

2008-04-21T23:38:00.002+08:00

HAIO, a good fundamental stock but a little funny on how it is spending its cash (MLM company tring to venture into IT??).
But today's good white candle supported with volume showed some faith in making money.
If there's anybody want to consider, it is still on its uptrend cycle.
Happy Investing!!

LINGUI

2008-04-21T23:24:00.003+08:00

LINGUI had a good day today. Closing at previous high. Probably it will continue this good run tomorrow. Entry at 1.67 could be the best if the price turbo-charged. Otherwise, then entry at 1.59, today's low, should be the best entry, although it is quite nervous entry.
Volume should go past 10k lots.
Fundamental has weaken due to affected housing market in Japan. But it is picking up..
Happy Investing!!

ENGTEX

2008-04-21T23:17:00.005+08:00

This stock showed strong performance today. Breaking to a new recent high with good volume. Probably tomorrow is a good day to enter.
Happy Investing!!!

SUCCESS

2008-04-21T23:10:00.003+08:00

SUCCESS take a little break today. It touches a low of 0.91 today, which was expected. Probably that level will be tested again tomorrow.
However, it the price decided to march through the roof, close above 0.97, aggressive uptrend will continue.
Happy Investing!!

MUDA

2008-04-21T23:01:00.004+08:00

MUDA's technical outlook is very interesting. Steady uptrend. Recently volume picked up. It seems like the price action will continue to climb.
But as I marked in the chart, why is the Accum/Dist on a down trend? Is it under tremendous distribution?

Take a look at the fundamental, here.

And the technical here.

INSBIO

2008-04-21T22:53:00.003+08:00

This stock might not catch your attention, but it catches mine.
The fundamental is not so strong, even we can see the revenue is steadily climbing.
Here is the data.

Breaking above26.5 sen, then 28 sen might trigger quite a big rally. Happy Investing!!

HUAAN

2008-04-21T22:43:00.004+08:00

This stock will probably break its previous high of 0.77 tomorrow. If it breaks and stay above that level, supported with good volume (>63k lots), the current uptrend will resume.
Happy Investing!!

WORLD MARKET

2008-04-19T12:55:00.003+08:00

ASIA showed improvement. Lead by 2nd world biggest economy, Japan, is trying to break from the down-trend line.
KOSPI and Hang Seng also improved. Shanghai showed further deterioration on the price index.

EUROPE also showed improvement lead by FTSE and DAX. FTSE will try to break its next resistance, also its next down-trend line. While DAX has just broke-out of its down trend line and looking to break its next resistance level at around 7072.

US market condition also improved. Dow went past its resistance level of 12755. NASDAQ also posted a big gap-up probably due to Google earning announcement. S&P 500 has yet to confirm its bullishness although it went thru its immediate resistance.

CRB Index which measure the commodity is still strong.

IMPROVEMENT BY SECTORS

2008-04-19T12:28:00.002+08:00

As of yesterday's closing, only 3 sectors are showing improvement. Consumer (strongest), Industrial Products (strong), Plantations (weak) & Technology (weakest).

Consumer grow the strongest, in current market condition. Probably supported by F&N and NESTLE.

Ind-Prod also showed strong interest to grow. By watching these group of stocks, KNM, SHELL LIONIND, KINSTEL & LINGUI, i'm quote confident that this sector will expand more.

Plantations had quite a good run about half-year ago when CPO spot price climbed up to RM4,000/tonnes. Now the price has come down to the average RM3,000/ton. So it cool down a bit. Bio-diesel will also become viable at this price.

Technology, surprise, surprise. It has just started to show some signs that this sector might started to expand. Contribution to Tech indices control by MPI, Gpacket, Unisem.

TA

2008-04-19T12:08:00.003+08:00

TA has travelled past it immediate resistance 1.13 WITH VOLUME. Look like it is going to test its next resistance 1.22 next week. If the break of 1.22 accommodate with VOLUME, then it is quite sure that short-term uptrend is coming. Intermediate and long-term downtrend is still the master though...
Happy Investing!! YEY!!

LION INDUSTRIES CORPORATION BERHAD (LIONIND)

2008-04-19T11:46:00.004+08:00

This stock revenue has been on improvement for the past 6 quarters. Current Q earning exceeded last year's same Q by many times. It is also almost double preceeding quarter.
Dividend improved last year by 100% from 0.5 sen to 1 sen.

I saw GK Goh & gang has been mopping up its shares in March 08. Good?

Immediate resistance is 2.45. next resistance is 2.54. The strongest resistance could be its all-time high of 2.78. Support is at 2.15.
Happy Investing!! YEY!!

SUCCEES TRANSFORMER CORP BERHAD (SUCCESS)

2008-04-19T11:16:00.003+08:00

This stock is all over the news last week because it caught everybody by surprise on its sudden surge of the stock price. Rising about 15% in 3 trading days. WOW!
Looking at the fundamental, looks like this counter is supported by its fundamental. EPS rising 50% more than last year's. Dividend 2.5 sen compare to 0 sen last year.

Its monthly showed the price rebounded past its immediate resistance of 91 sen.

Weekly also same. This big white candle confirming the bullishness of the price.

As mentioned earlier, the 15% positive price action is telling investors/traders that it is pressing the turbo button now. The stochastic showed the price has a bit more to go while the strenght might be slowing. GMMA is trying to confirm the uptrend. MACD also issuing the uptrend ticket.
Happy Investing!!!

KLCI

2008-04-19T11:05:00.003+08:00

Weekly KLCI has improved, a bit. Still reluctant to show its BULLISH face as yet. The 'vacuum' is still left unfilled, even Friday closing showed that some institutional investor tried to combine forces and tried so hard to fill it. Next week could turn up better due to US market bullish outlook. Lets wait next week. How's the daily?

Daily chart showed that the price is supported by stochastic holding above 50% as well as the RSI, above 50%. Momentum also picked-up on Thursday & Friday. ADX still showing KLCI price lack of strength to the north direction.

ECM On the edge??

2008-04-19T10:53:00.003+08:00

It looks like next week this stock is going to test its immediate resistance 0.715. Is this stock re-starting its uptrend after almost a year hibernating? Who knows?
Do you want to consider early entry at 0.72?
Happy Investing!!

SWKPLNT - CAUTIOUS!

2008-04-19T10:48:00.002+08:00

If the price close below 3.68 we shall protect the profit. Then, lets wait for awhile on the re-entry.
Meantime, if you have good stock to reinvest your profit, you can do so.
Happy Investing!!

TIMBER RELATED COMPANIES STARTED THEIR UPTREND?

2008-04-19T10:10:00.003+08:00

I guess, the BIG FOUR (TAANN, LINGUI, JTIASA & WTK) in timber related industry has started their uptrend in tandem with the improvement in wood price.
Started with a short-term breakout by Taann (Biggest in Market Cap.) on 19.Feb, recently Lingui & Jtiasa joint the rally. Wtk has yet to show the reaction.
Smaller companies includes Subur, Eksons, Java, Leweko, Pworth, Sindora, Tekala, etc.
Here is the relative performance of those 4 companies.

LANDMRK - CAUTIOUS!!

2008-04-17T20:46:00.004+08:00

Woooo!!! Suddenly the price acted cautious!! Closed at 2.31, the immediate support! If it does not rebound tomorrow, it could testing the next support at 2.10.

Hello Fellars!!

2008-04-17T20:40:00.003+08:00

Sorry for not updating this blog quite some time. I got some problem with my laptop.

What's the problem with my laptop? All over sudden the monitor just blank! The monitor just went BLACK!!! Including this time, it has been four times!! My laptop is a HP Compaq V3000, anyway.
I heard from the computer shop repairer, this monitor problem is common for V3000 model. DAMN!

Now that i've got my NEW laptop, a Toshiba's. So now i'm back updating my blog.

TCHONG

2008-03-30T19:09:00.002+08:00

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??

HAIO

2008-03-30T18:53:00.003+08:00

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.

LANDMRK

2008-03-30T18:48:00.003+08:00

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

2008-03-30T14:00:00.002+08:00

The recent result is boring. Just a marginal improvement. No wonder its share price also flat.
Here is the result.

HEITECH PADU BERHAD (HTPADU)

2008-03-30T11:13:00.003+08:00

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!!

OSK

2008-03-30T10:20:00.003+08:00

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.

TA

2008-03-30T10:05:00.004+08:00

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!!

KLCI

2008-03-27T23:24:00.002+08:00

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!!

SCOMIs (SCOMI, SCOMIMR, SCOMIEN)

2008-03-27T23:21:00.002+08:00

I am seeing all Scomi group of companies rebounding soon. They are SCOMI, SCOMIMR & SCOMIEN.
Watch out!

BROKERAGE FIRMS STARTED TO MOVE - OSK, TA

2008-03-26T23:18:00.003+08:00

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!!

TMCLIFE

2008-03-26T23:06:00.002+08:00

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!!

KENCANA

2008-03-26T22:54:00.004+08:00

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!!

LANDMARK

2008-03-26T22:49:00.002+08:00

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!!!

NOTION VTEC BERHAD (NOTION)

2008-03-26T22:37:00.002+08:00

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!

SINDORA BERHAD (SINDORA)

2008-03-26T22:22:00.002+08:00

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!!!

KL COMPOSITE INDEX (KLCI)

2008-03-25T23:11:00.002+08:00

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.

LANDMARK BERHAD (LANDMRK)

2008-03-25T22:48:00.002+08:00

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.

SCOMI

2008-03-25T22:33:00.002+08:00

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.

KENCANA

2008-03-25T21:00:00.003+08:00

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!

SRII

2008-03-25T20:54:00.002+08:00

SRII cannot break 1.16. The price facing a 'slow-death', dying slowly...

DIVIDEND PLAY - YEO HIAP SENG (M) BERHAD (YHS)

2008-03-25T20:42:00.002+08:00

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.

DIVIDEND PLAY - NCB HOLDINGS BERHAD (NCB)

2008-03-25T20:34:00.002+08:00

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.

MINETEC

2008-03-24T22:44:00.003+08:00

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)

2008-03-24T22:19:00.004+08:00

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!!

KENCANA PETROLEUM BERHAD (KENCANA)

2008-03-24T21:52:00.004+08:00

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!

TMCLIFE

2008-03-24T21:45:00.002+08:00

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.

MINETECH BERHAD (MINETEC)

2008-03-23T21:26:00.002+08:00

It needs to break 0.23 level to make further recovery.

TMCLIFE BERHAD (TMCLIFE) - Updates

2008-03-23T21:18:00.003+08:00

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.

RAPID SYNERGY BERHAD (RAPID)

2008-03-23T17:53:00.003+08:00

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.

WARISAN TC HOLDINGS BERHAD (WARISAN)

2008-03-19T23:29:00.002+08:00

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.

TMCLIFE BERHAD (TMCLIFE)

2008-03-19T23:20:00.002+08:00

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.

SRII BERHAD (SRII)

2008-03-19T22:48:00.004+08:00

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.

PROTON, I told you so...

2008-03-06T22:46:00.004+08:00

In Nov 18, 2007 i suggested that proton to to tie-up with a battery maker in Malaysia, ETITECH. Here is the link, http://klstockpick.blogspot.com/2007/11/proposal-to-save-proton.html

Today, i saw an article of GE starting doing that and also going a step ahead by developing electric car.

So, Proton Chairman, CEO, COO, CSO (Chief Strategist) and whatever Chief do you have in there, open your eyes, look into future. I know that you guys are saying that Proton do not have such muscle to start such a GRAND project, well, start small. Look back during the time you start to mingle with other season businessman or politician. You didnt have that confidence, but you've made a small baby step. Same goes here!!!

I do not want to see Proton failing Malaysian's hope. One time is enough that you used the profit by selling dodgy cars to us, playing "dont-care" attitude towards quality until you have to make a re-start. Stop acting like a person who never attended school.

Business Trip

2008-02-24T22:20:00.002+08:00

Next week I'll be on business trip to Tokyo, Japan. Therefore, the blog will not be update. When I come back next weekend, I'll update the blog.

VITROX CORPORATION BERHAD (VITROX)

2008-02-20T22:51:00.003+08:00

Its earning posted a new record in this quarter. Revenue also a record.
Current full year earnings grew 1.5 times compare to FY06. Interesting part is that this company has zero borrowings.
Dividend distributed is 0.5sen, making total of 2 sen in current FY.
Its share price is sluggish but showing signs of improvement.
Here is the result.

HUNZA PROPERTIES BERHAD (HUNZPTY)

2008-02-20T22:25:00.002+08:00

HUNZPTY recorded almost double the earning compare to 2Q07. It says in its report that Alila and Mutiara Seputeh are the main contributor.
Its cumulative earnings for 2Q current FY has already surpassed its cumulative 3Q preceding year.
No dividend distributed.
Its share price is still sluggish.
Here is the report.

My Stocks Taking Black Candles

2008-02-20T22:14:00.002+08:00

Sentiment is very bearish now. Even companies with good earnings beaten.

As you can check, all stocks under my watch are reporting good earnings. Their 3 quarters earnings usually outperform whole year earning of the previous year. Obviously their earnings are improving. It is just waiting for the right timing to jump in.

As you can see, on the right-hand-sidebar, i list up all (Well, only four) potential stocks heading north. Even then, after some climbs they will all turned bearish, technically.
Ramunia - long black candle
Sarawak - bearish runaway Gap
Annjoo - A little bearish, still hoping
Afg - Probably good time to pick some shares. Let see tomorrow's price action.

Of course nobody know how long this condition will continue, only GOD knows. =sigh=.
But, just to keep the spirit high, NEVER GIVE UP!

OIL IS HEADING TOWARDS $100 MARK

2008-02-19T23:38:00.003+08:00

Look like oil is heading towards the $100 level again. Will it goes pass $100 mark this time?
I think most likely. The main reason: Venezuela's Hugo Chavez, Not OPEC output cut, not the explosion. Open your eyes...

Credit Suisse Strips $1B From 1q Profits

2008-02-19T23:33:00.000+08:00

Credit Suisse Strips $1B From 1q Profits. (read: Sub-Prime Issue is far from over)

Here is the link.

http://biz.yahoo.com/ap/080219/switzerland_credit_suisse.html

YNH PROPERTY BERHAD (YNHPROP)

2008-02-19T23:16:00.002+08:00

YNHPROP price collapsed today. Down 14 sen (4%). I think it is confirmed that the price has collapse from its uptrend channel.
Immediate support, 2.39
Next support, 2.30.

ALLIANCE FINANCE GROUP (AFG)

2008-02-19T23:08:00.002+08:00

AFG share price reacted positively on the result announced. It is now riding on the momentum started from the recent low of 2.78. It closed at nicely 50% Fibonacci. If the price can penetrate 50%, and 3.10, it could re-visit its recent high of 3.30.
The short term GMMA has penetrated the long term GMMA. This uptrend might be brief due to current negative sentiment worldwide.
Here is the technical outlook.

** I've added AFG into my Technical Analysis column at the sidebar.

SOUTHERN STEEL BERHAD (SSTEEL)

2008-02-19T23:01:00.002+08:00

SSTEEL 4Q result looked very good. Net profit is at the highest level for this quarter.
Cumulative revenue is at the highest level.
Cumulative net profit more than double compare to last year's.
No dividend rewarded in this quarter. Total dividend for this year is 7.5 sen, a little higher than last FY.
Its share price showed a little recovery today and might continue tomorrow.
Below is the result.

SUNWAY CITY BERHAD (SUNCITY)

2008-02-19T22:31:00.004+08:00

2Q08 result for SUNCITY was up on revaluation of its properties.
NTA is up from RM3.16/share to RM3.51/share.
However, it says that even excluding the revaluation, its profit increased. It's good to hear this.
No dividend announced for this quarter.
Its share price still on downtrend.
Here is the result.

SocGen is reporting its result this week.

2008-02-18T23:23:00.002+08:00

According to Reuters, Scandal-hit French bank Societe Generale and peer BNP Paribas and Barclays, report results this week, the week of 18th February 2008.

The results could trigger another significant drop in indexes across the world. Sentiment is bearish. Therefore, no buying this week or two.

http://www.reuters.com/article/marketsNews/idCAL1849510820080218?rpc=44&sp=true

ANN JOO RESOURCES BERHAD (ANNJOO)

2008-02-18T22:55:00.002+08:00

ANNJOO closed its 2007 with a bang. Revenue improved to RM1.9Bil compare to RM 1.4Bil in last FY.
Profit improved from RM102mil to RM192mil, almost double.
Dividend maintain at 16 sen.
Its share performance is now on uptrending. It continues to buy-back its shares.
Here is the result.

ALLIANCE FINANCE GROUP (AFG)

2008-02-18T22:07:00.004+08:00

AFG 3Q cumulative earning improved a lot. At cumulative earning of 20.22 sen, adding another 6.6 sen for 4Q, it is trading at 10.9x PE as at 2.93.
Dividend distributed is 4.5 sen.
Share price, going sideways for now.
Here is the result.

TSH RESOURCES BERHAD (TSH) - Update 4Q 2008 Result

2008-02-17T09:42:00.003+08:00

Here is an update on 4Q result for TSH.
Revenue up 40% compare to last FY.
EPS nearly double compare to last year.
Dividend of 6.5 sen distributed compre to 0 in last FY. Good development.
Its share price is still in the primary, long-term up trending, but it looked like it has already started a route to the south, short-term downtrending.
Here is the result.

KLCI - TECHNICAL ANALYSIS

2008-02-14T22:14:00.002+08:00

The Composite Index is crossing the 50% fibonacci line. It is looking good until yesterday. This index might be driven by the Election element that is going-on right now. As long as the price stays in the uptrend channel you can feel relieve (even if it's in the lower portion of the channel).

This might also be driven by the news two days ago that was saying Malaysia as a safe haven during volatile period. I agree that our corporate result has improved. Take a look at the reports. They say it all.

ANNJOO, SARAWAK, RAMUNIA.

2008-02-13T21:37:00.004+08:00

Yesterday i posted 3 graphs. I expected those to go up today. But the election announcement spoilt the mood. Only Sarawak held up strongly. Huge volume supported the price. Ramunia and Annjoo got full BLACK candle. For Annjoo, it is still in the uptrend channel, but if the price fell apart, i guess we have to wait for a re-start.
'People' say, based on history, market will rally during election. But today's action made me wonder, "What is happening??" Is there a risk during this upcoming election? Is the opposition going to rule the country this time? During driving back from work today ,I had this little funny feeling that the opposition is going to win quite a big portion. However, I still want the current government to rule the country as they looked like they are going to bring more development to the country. So there you go, i am supporting the current government, obviously.

Stock to watch on 13 February 2008

2008-02-12T22:40:00.004+08:00

SARAWAK, RAMUNIA, ANNJOO.

YNHPROP - TECHNICAL ANALYSIS

2008-02-10T20:50:00.000+08:00

Weekly GMMA looked like it is still holding the uptrend. The price has weaken a little. Let see the daily price below.

The daily price showed that it might have built a new uptrend channel. The GMMA has started to separate between traders group and investors group.
The price recently retreated to just 50% Fibonacci (2.60) and bounced. Since it has taken out recent 2.78 high, the price is now heading towards 2.90. Once the MACD Histogram turned upper half in green, it is confirm that this stock heading higher. Watch out.

SCOMI GROUP BERHAD (SCOMI)

2008-02-10T20:17:00.000+08:00

SCOMI's result in the 2Q was due to sale of Scomi Oilfield Limited. The sale proceed has been utilized to reduce borrowings from 1.74x to 1x. Excluding the sale, the profit increased 55% in 2Q, according to its report.
In 3Q, its profit also increased 36%.
No dividend awarded in 3Q but we can expect dividend in 4Q.
Its share price has been on sideways, a little weaken.
Here is the result.

RCE CAPITAL BERHAD (RCECAP)

2008-02-10T19:48:00.000+08:00

RCECAP profit is on up trend. Although the relative changes compare to last year is not so significant, it is about to become significant due to higher disposable income in public sector.
Last year, it started to reward its shareholder with a small dividend, 1 sen, insignificant.
Its share price has weaken a little.
Below is the result.

OSK HOLDINGS BERHAD (OSK)

2008-02-10T19:27:00.000+08:00

OSK profit result in the current quarter has more than double compare to last year. This FY accumulated profit has surpassed last years' full year and it has double.
Dividend improved from 5 sen in 1H last year to 10 sen this year.
Its share price is on down trend.
Below is the result.

KLCC PROPERTY HOLDINGS BERHAD (KLCCP)

2008-02-10T19:13:00.000+08:00

Net earning almost double. Contributed by increase retail lots rental (according to its report). This FY 2Q result almost equal to last years' 3Q earning.
Dividend is maintain as per last year's.
Its share price has been on sideways.
Below is the last quarter result.

HUNZA PROPERTIES BERHAD (HUNZPTY)

2008-02-10T18:47:00.000+08:00

Its 1Q result was good. Last quarter revenue was the second highest in last 2 years. So does profit.
Dividend for FY 2007 (12.5 sen) also significantly higher than FY2006 (7.5 sen).
Its share price, not so encouraging. Now it's on sideways, probably base-building. It might pick-up in 2H this year.
Here is the result.

HAIO ENTERPRISE BERHAD (HAIO)

2008-02-10T18:33:00.000+08:00

Last quarter's result was the best result in the past 2 years. Revenue at the highest level, profit as well. Compare to last year, this 2Q result almost double.
Dividend is 3 sen higher.
Its share price, the uptrend which started in early-Oct 2006, has just ended last week, end-January 2008. Not bad for almost 1.5 years of up trend.
Below is the result.

DRB-HICOM BERHAD (DRBHCOM)

2008-02-10T18:12:00.000+08:00

This stock 2Q result has already surpassed its 3Q last years' earning. It looks like it's going to outperform last years' result.
Dividend alson improved. It distributed 0.5 sen more than last year's in 2Q. Last year's dividend was distributed in 3Q.
Its share price is on a down trend.
Here is the result.

AFFIN HOLDINGS BERHAD (AFFIN)

2008-02-10T17:51:00.000+08:00

AFFIN'S financial result has been improving. Its last quarter (3Q FY2007) revenue was the highest in the last 2 years. Profit also double compare to previous FY2006.
Dividend is same as last year's up to 3Q. While we expect AFFIN will distribute the same dividend as last years', there might be a surprise judging from its profit margin trend.
On its share price, it peaked in early-Nov 07. Now it is on a down trend.
Here is the inancial result.

TAN CHONG MOTOR HOLDINGS BERHAD (TCHONG)

2008-02-10T16:20:00.000+08:00

TCHONG has been in the limelight for quite some time already. Accumulated revenue up to 3Q this FY was less than last year. However, one thing to notice is that its profit is on up trend. Compare accumulated profit until 3Q this FY and last years', you can clearly see that it has surpassed last years' whole year earning. That is a clear sign that its profit margin is improved.
Dividend-wise, it might matched last years' dividend. 5 sen. 4Q result is schedule to be announce on 22 February.
Its share price has started its down trend starting from mid-Nov 2007. It tried to recover in January this year, however, the price couldn't sustain.
Here is the result.

VITROX CORPORATION BERHAD (VITROX)

2008-02-05T22:10:00.001+08:00

VITROX financial performance has been good. This FY even better. It has already surpassed last year's earning.
Dividend is also rising.
While the semiconductor sector is not so significant in Malaysia, if this company is targeting foreign income, it might produce a pleasant surprise in its earning.
Here is the result.

SARAWAK ENERGY BERHAD (SARAWAK)

2008-02-05T22:06:00.000+08:00

SARAWAK ENERGY has made its intention very clear to grow electricity generation in Sarawak to 30GWatt from less than 1GWatt currently. Even at present level, its profit has never been better. Moreover if it has generation capacity of 30GWatt.
Judging from the financial result, we can be sure that the result will only get better. For this FY, it has almost surpass last year's result.
While dividend also in on the rise, we can expect better dividend in the final quarter of this year and the coming years.
One BIG question remain is that the taker of the huge generation capacity. CMSB-RIO TINTO is one of them (completed only in 2010), also possibility in supplying to Kalimantan, Indonesia (even any industrial development evidence yet to be seen), Oil Palm clusters in Sabah, others are yet to be proven.
Here is the result.

PLANTATIONS SECTOR - FRESH FRUIT BUNCHES (FFB) ABOVE 50,000 METRIC TONNES

2008-02-04T17:30:00.000+08:00

I list down plantation companies which has FFB output close to or more than 50,000 tonnes.
This data is based on The Star newspaper dated 29 January 2008 for FFB Dec 2007 output.

In alphabethical order based on stock name,
1. Asiatic
2. Bstead
3. Hsplant
4. Ijmplnt
5. Ioicorp
6. Klk
7. Kulim
8. Kwantas
9. Sime
10. Tdm
11. Tsh
12. Twsplnt
13. Unico

RIVERVIEW RUBBER ESTATE BERHAD (RVIEW)

2008-02-04T17:00:00.000+08:00

RVIEW, same as other plantation companies, has a wonderful year of FY 2006/07 due to CPO price. Y-O-Y change was more than 20%. And this FY 2007/08 also will be another bumper year. Until 3Q of this FY, its earnings has almost double. And we still have another quarter to go.
Dividend also rewarded in 3Q this FY and it is more than last years'. For the last 2 years, RVIEW will only rewards its shareholder in the 4Q. This is a good development. We hope the dividend in 4Q will also be double.
Here is the result.

TSH RESOURCES BERHAD (TSH)

2008-02-04T16:59:00.000+08:00

TSH is among companies that has more than 50,000 tonnes of fresh fruit bunches (FFB). Result for FY 2006/07 has been the best for the last 2 years. While for FY 2007/08, even we still have another quarter to go, TSH has already outperform its last year's full result.
However, one thing to note is that for FY 2006/07, it did not reward its shareholder with dividend (even the profit increased more than 30%).
Here is the result.

FREIGHT MANAGEMENT HOLDINGS BERHAD (FREIGHT)

2008-02-04T16:57:00.001+08:00

Freight revenue has been on one-way-street, up to the north. Profit for FY 2007 has already achieve all-time high. Dividend is consistant with 4sen/year. Normally dividend is rewarded on 3Q & 4Q, if Freight decided to disburse some dividend on 2Q, we should watch this stock.
This particular stock might be the gem among all other transporters due to its ability to withstand free-fall in BDI.
Here is the result.

YTL POWERINTERNATIONAL BERHAD (YTLPOWR)

2008-02-03T12:04:00.000+08:00

According to the last 2 years result, this company reported its best result last year. Its revenue, profit and dividend at the highest level in FY 2007.
The share price is still continuing its long-term bull run started back from March-2002, had a hiccup in 2nd-half of 2006 and resume its uptrending from end-October 2007 up to now. Judging from its share price, it might be a good time to accumulate now as it is at the bottom of the uptrend.
Here is the result.

TA ENTERPRISE BERHAD (TA)

2008-02-03T11:47:00.000+08:00

This Finance company is a little bit different from other 'finance' classified companies in Bursa Malaysia. This company has its property division as 'insurance' against slow down in financial services market in Malaysia. It is also in expansion mode trying to penetrate Vietnam financial services market.
Its property division is doing well.
The result shown below is the proof that its property division is contributing quite significantly in its coffer. Up to 3Q accumulated profit already surpassed last year's whole year profit. Accumulated revenue also at the highest level. The fourth quarter result to be announce in March.
Its share price topped in Feb-2007 and has been in downtrend. Let's watch when this counter will reverse.

ANN JOO RESOURCES BERHAD (ANNJOO)

2008-02-03T11:33:00.000+08:00

Yet another steel company made the cut of 'financial improvement' label on my blog. This is the fourth company who made it.
Following the trend of other steel companies, this company's accumulated 3Q result has already surpassed the whole last year result.
Its accumulated dividend matched last year's up to the 3Q. Let hope it could announce FAT dividend in the final quarter.
Its share price has started the second wave of run-up starting from the first day this year (2nd January 2008). Now we are just waiting for the price to breakout. Probably tomorrow, 4th February 2008.
Below is the financial result.

MALAYSIA STEEL WORKS (KL) BERHAD (MASTEEL)

2008-02-03T11:23:00.001+08:00

This is another steel company, after SSTEEL and KINSTEL, that had improved a lot. As you can see from the result, its accumulated result up to 3Q this FY has already surpassed the whole last financial year. It is interesting to see the coming announcement schedule this month end.
Its dividend also has improved a bit compare to last year.
Its share price also still maintain its mid-term uptrend which started from end-Oct 2006. It reached highest level just recently on 11th January 2008. Let see whether it can withstand the external turbulance which coming from the US market (that drag the whole world down together with them).
Here is the result.

YNH PROPERTY BERHAD (YNHPROP)

2008-02-03T11:00:00.001+08:00

This is another property company that is currently making its mark in KL. Its results in every quarter of current FY have been outperforming the results in last quarters. Even the revenue in current FY drop a little, it has been able to up its profit. This means its margin has improved. I'm expecting the company to announce another 10sen dividend this month, judging from last year's pattern.
In terms of its share price, we might have missed the high growth of capital gain which started from end-Oct 2006 and ended in May-2007. Lets wait for the next round of share capital gain era probably end of this year.
Here is the financial result.

SUNWAY CITY BERHAD (SUNCITY)

2008-02-03T10:42:00.001+08:00

Sunway City Berhad has created a buzz recently about possibility of setting up The Biggest REIT in Malaysia (or in neighbouring country). Its 1Q result announced in Nov-07 showed quite significant improvement compare to last 1Q FY quarter. 2Q result to be announced on end of this month should be interesting to watch.
In terms of its share price, it might be on a med-term downtrending now. It has had a good uptrend starting from end-Nov 2006 up to the highest level on early-Oct 2007. I'll keep watching its share price development.

SOUTHERN STEEL BERHAD (SSTEEL)

2008-02-03T10:15:00.000+08:00

Another steel company that showed vast improvement in current quarter is Southern Steel. Its accumulated profit up to 3Q current FY alone has surpassed whole last FY profit.
It has also started to give generous dividend for every quarter this FY.
Its share price has started its uptrending since 21st December 2007. Good counter to buy and hold.
Here is the result.

KINSTEEL BERHAD (KINSTEL)

2008-02-03T10:10:00.000+08:00

Kinsteel's revenue improved very much after it aquires Perwaja Steel last year. Starting from that moment, its revenue surpassed RM 1 billion mark. Now, Kinsteel is planning to list its unit, Perwaja Steel. Things can only get better for this company. With Malaysia's construction sector picking up, the future looks bright.
Here is the financial result.

FABER GROUP BERHAD (FABER)

2008-02-03T09:51:00.000+08:00

Current FY 3Q result almost equal its whole last year's result. This is a good development for Faber. Its mission to make Malaysia as health tourism destination is very much welcome. I hope a lot more analysts will take note on this stock. Health tourism has huge potential. However, in terms of its share price, this stock has been moving sideways since end/April 2007.
Here is the financial result.

MALAYSIA AIRPORT HOLDINGS BERHAD (AIRPORT)

2008-02-03T09:45:00.000+08:00

AIRPORT financial result has been improving. Current FY 3Q accumulated result has surpassed whole last FY result. From now on, AIRPORT result can only get better. Technically, its share lacks volume. once the volume improves, the price action will show result.

AIRASIA BERHAD (AIRASIA)

2008-02-03T09:36:00.000+08:00

AIRASIA's financial performance has been good. However, this development has been capped by the high oil price and bad publicity on their fuel hedging strategy recently.Nevertheless, its share price looked like it has started to rebound. I'll keep on watching its price action in the next 2 weeks.
Here is the financial result.

Alliance Financial Group (AFG)

2008-02-03T09:27:00.000+08:00

AFG profit and revenue is on uptrending. We should take note on this development. 1Q & 2Q result surpassed last year's. Current FY, AFG has started giving dividend .
Here is the unaudited result.