Steel counters 2day seems to be picking up strength. I monitor Lionind price get good support at 1.25 and alwys try to break 1.30 lvl but still not successful.

Some of the steel news.
http://www.reuters.com/article/rbssMiningM...236037420090522
http://www.bloomberg.com/apps/news?pid=new...id=auKbJs.d62k0

TA also have very strong support at 1.02. Seems like have people don't want it to drop below tat level. 

TM is getting weaker, i've exited my position at 3.80. Seems quite risky if stay on for the capital repayment, might go in after ex for swing play. 

Cheers,
v_viper88

LionInd has been good to me yesterday. Bought @ 1.27 and 1.28, sold at 1.30. Then buy back again @ 1.26 and sold @ 1.28

No... i earn KFC meals only. I can profit with 2 sen/share because my brokerage is low. I use Jupiter.

Yea... past few days the news on steel sector quite gloomy.. den suddenly says inventory low due to china import alot... price up again.

http://money.cnn.com/data/commodities/index.html

Hope next week Lionind price will be up. 

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Added on May 23, 2009, 10:55 amI chk TM past few days have the same type of big seller selling in big chunk 5000 lots X 3/4/5 continuously.
Better be careful. The buyer support only temporary after the ex div... seller is very aggressive.

If more than 100% , you stock becomes worthless odeli.

Just caught one mistake of here.

never lah, just contra  with you.

Look forward to reading that and contributing.

Will it be different from the 'High Dividend Counters' thread already on the forum?

You're looking for a counter which will give high div ?

No worry. You are blessed with more than 100% return again and again for all your hard work.

lol, bull wif 8-legs

tomolo dunno how many legs since taikor is not in.

must be mad cow adi .. nto normal cow.

Ya, and very much understood. Meanwhile, I'm still looking for other fundamental plays as you have mentioned. Something that could be a bigger cash cow.

TM will be my cash cow in June.

Tomorrow maybe left 1 leg, since over use the other 7 legs.

TM really beat all the sellers Kaw kaw today.... din go down but went up instead.
Kinda scary to hold on when last week drop till 3.74.

I swap to Lionind at 1.27... chionging up today 1.38 but later in the evening.. the seller wack down price kaw kaw 1.35.

Today market is strong... no more Perak Zamry vs Nizar phobia?

I'm back to LCL. I think I'm going to keep this one for the long term. I'm bringing back my infamous 4 year plan onto the table.

Why do you buy LCL? Good fundamental?
I buy LCL because it has a really nice website. The welcome photo's very nice.
When I read the financial report, should I be looking at "Results for the Group" or "Results for the Company"?

any reason for unloading mrcb? i am holding some..

thanks but i see it is still quite safe for this stock compare to other small cap. somemore got EPF backup and also the iskandar project and also the recent news of them building offices of 1.8billion, correct? and mrcb has not been surging comparing to tebrau and twscorp and uemland, so i am a bit worried.

Just unload mine at 1.38, earn a KFC dinner plate.

MRCB shoot up faster than Zelan. Really jeeb's pet.

Any1 notice today Zelan's movement? Early morning abit strong buyer nimb here n there... after lunch..  chomp all the way to 1.08 or 1.09?
I bought 1.02 this morning que to unload at 1.03... went to work at afternoon, din monitor .. when reach office.. check all sold.
Make peanut gains again..

Lionind today oso behaving weird... buyers trying hard to push up its price in morning and also after lunch.. price went up till 1.37/1.381/39/1.40 with big buyers buying 5000/3000/2000/1000 lots several shots..  but in the end seller still throwing down the price till 1.35. 
I sold some at 1.38 and buy back some at 1.36. Make more peanuts..

Its quarter result out soon anytime..

I grab somemore lionind after sold my Zelan. 

Some news on steel market. China to lead the way of recovery.

http://www.bloomberg.com/apps/news?pid=206...fer=commodities

Maybe those big shareholders or fund ppl who have pump in alot money in this lionind earlier might want the price to hold before the next push. Or maybe they have insider news steel market price will go up more due to higher demand.

Worst scenario is they try to lure all the new buyers in before exit like previous drop to 1.10.

30X kfc value mean means rm300 profit?

My profit today about 250 only..

Wow.. DJ ups  Hope can maintain or go higher tonite.

http://www.reuters.com/article/marketsNews...648487320090526

Err.. i dun goreng stock ler..  i'm see market condition and how the stock performance..
If its a good stock with strong buyer support and have news play, i might go in for quick gains.
Like Zelan and Lionind today... saw its buy pattern and potential rise so i go in.

Lionind? My expected TP is around 1.60 - 1.90 for mid term. If can hit RM3. I'll be damn happy la...  so slow see it moves up abit by abit..
If i see panic seller pattern and market sentiment bad, i'll sell 1st and buy back later at cheaper price..

What is your avg price for lionind?

My rich neighbour 70++ old uncle also have Lionind stock purchased since last year.. price avg about 2++.
He said last time drop till 0.50 he also don't sell.. really strong holding power.
When price up around 0.80, he bought some but his avg price still high 2++ also.

He also Keuro stock kaki, he bought among the top high price last year April around 0.60,
tat time start to drop around 0.40-0.50, he told me this is a bad stock high risk but can buy abit when drop coz Plus highway sure got support coz alot cars use highway. I chk the stock fundamental fail, so keep aside..

Keuro keep drop kaw kaw till 0.17 on Mac tis year..then shoot more than 100%+ up till 0.46.  Walo.. why i din buy la at 0.17.. if buy sure make big profit. 

Saw him recently, he  told me his stock Keuro up 100%+ also no use coz still lost money.

Cheap penny stock can shoot up faster... its really unbelievable but it really happens in stock market world.

Coffin warrant like TA-WB also can rise from coma and now going down back, will it bounce again?.... or more like ppl say "dead cat bouncing".

So better watchout for good potential stock tat can rise up and fast sell if see its going down back.

Penny stocks are very volatile and manipulated a lot by big boys and day traders.. not necessarily it shoots up but
downward trend big time too.  You must play properly otherwise can lose shirts, pants and underwears too. 

Over long term, better buy value blue chip stocks or just indexes if cannot afford individual stocks or know how to access those quality ones.

Quick gain not goreng la.
Its more on profit taking. The stock i play mostly stable company.
Okla.. next time dun tell about those goreng stock.. bad 

K.. gtg finish.. work.. tomolo work 8am.. dang.. looks like i'll miss the fun 2molo..