there is a REAL bull behind this counter (look at the B-Q everyday) but seems that some extreme factor (S-Q that can overcome 500k+ volume within minutes) preventing the bull from moving..

this couple seems unpredictable.
today seems like they are not afraid of the UMA anymore, the volume again make it top 3 among KLSE, before MULPHA and EQUINE

some unknown person keep disposing at 0.075 as ZPOW mentioned, to do some transfer of share.
that's why the price can't move.
if not the price should have reached 0.08 or 0.085 already.

it's because the volume of shares they hold are getting smaller day by day.
few days later they will have no more share to dispose and for sure the share price will gone by by then

the force selling is done at 0.075 for the pass few days.
i don't think they will force sell at 0.07

i think today price drop mostly is caused by those contra kaki that merely lost their kaki, they are cutting loss.
the market is all RED today..
all counter i am in are RED.
luckily i use cash to buy those stock, if use contra then finish.

This post has been edited by sjz: Jun 16 2009, 11:59 AM

they don't have major amount of debts since they are not involving in those sectors that need a lot of capital, eg. construction they are just doing distribution business.
so file a PN17 is impossible.

i just don't understand why ppl keep linking low price counter with PN17 counter?
i think a lot of ppl had explained here before, the amount of debt of compugt is very very low since they are doing distribution business not construction business which involve a large amount of capital so definitely this counter won't ended up being a PN17 counter unless the couple borrow large sum of money using their company's name then flew away which is 100% unlikely to happen

This post has been edited by sjz: Jun 18 2009, 09:55 PM

i’m holding mine at 0.08 too，not really large amount but it's still there
i would be thankful if this counter won't drop to 0.065 tomorrow
dare not hope it will up during these tough period
all my counter were red， dumping around 15k in uchitec， hope it will
rise since there will be a dividend payout at july

i think takashi did go to AGM right?
hope he will update us here.

i think it will close at 0.075 or 0.08 today.
my way of dealing with it is leave it alone.
since i buy using cash, the best technique i got is wait,
1 day the price sure will rise, just matter of time.
no need to make yourself worry so much, the price drop yesterday is due to contra kaki that almost lost their kaki since monday evening

This post has been edited by sjz: Jun 19 2009, 04:03 PM

Again, pls read again what ZPOW say, chart is dead but stock market is alive, so we can't compare 2 company that having a similar chart.
the case of Idaman is very unique in which their main source of income Tahan Insurance were being taken over by BNM due to the lack of capital and Idaman Unggul Berhad failed/refuses to submit their future plan to Bursa Malaysia within a certain period in which results in the suspension of their counter.
do you think Compugt will have the same incident as Idaman??
Compugt isn't involve in insurance business or even EMAS Finance sector.

haha...
on Monday i think even "bottom fishing" at 0.07 also won't success and based on your luck at 0.075 since there will be a long B-Q.
during Monday the S-Q should be significantly lower since the couple already announce they won't dispose any share anymore, actually they stop disposing their share since last Monday already, during the last few days the dispose activity were done by contra player which probably receive a margin call from their bank since the price of this counter remain unchanged for such a long period and they are holding this share until maximum limit T+3 already, so they only got 2 choices available, settle the margin call or cut loss by selling the share.

btw, here are some Insider Tracking of Off Market/Direct Deals for COMPUGT.
seems that those direct deals were done at 0.08 or even 0.09 while the market price is roving around 0.07 to 0.075.

Fri Jun 19, 2009
Stock Code -- Stock -- Price -- Total Volume -- Volume Traded
5037 COMPUGT _ 0.08 _ 1,363,000 _ 109,040

Jun 17 and Jun 18 No Direct Deal

Tue Jun 16, 2009
Stock Code -- Stock -- Price -- Total Volume -- Volume Traded
5037 COMPUGT _ 0.09 _ 2,375,000 _ 201,875

Mon Jun 15, 2009
Stock Code -- Stock -- Price -- Total Volume -- Volume Traded
5037 COMPUGT _ 0.08 _ 116,000 _ 8,700

Jun 11 and Jun 12 No Direct Deal

Wed Jun 10, 2009
Stock Code -- Stock -- Price -- Total Volume -- Volume Traded
5037 COMPUGT _ 0.08 _ 3,525,000 _ 282,000

Jun 9 No Direct Deal

Mon Jun 8, 2009
Stock Code -- Stock -- Price -- Total Volume -- Volume Traded
5037 COMPUGT _ 0.08 _ 300,000 _ 24,000

Jun 5 No Direct Deal

Thu Jun 4, 2009
Stock Code -- Stock -- Price -- Total Volume -- Volume Traded
5037 COMPUGT _ 0.09 _ 200,000 _ 18,000

Jun 3 and Jun 4 No Direct Deal

This post has been edited by sjz: Jun 21 2009, 01:50 AM

Totally agree with you.
Don't know why got people like to simply comparing the graph pattern and link 2 irrelevant company together but refuse to have a look at both company's simplest general info.
The business sector of IDAMAN and COMPUGT are totally different.
Some more as i mentioned before, the case of IDAMAN is due to special incident that will not occur that often.
stock market isn't something that are bound to follow the graph pattern you predict, anytime SOMEBODY can manipulate the market to make the price go up or down.
so don't decide which stock to buy simply based on a graph pattern
Can only treat them as a reference tools before you going into a counter.

This post has been edited by sjz: Jun 21 2009, 12:58 PM

it's time to enter a counter while the price is low.
mostly it's the contra kaki cut lose because the T+3 period already due.
maybe they buy using contra last Wednesday and today is the T+3 due date and the price is not higher than their purchase price, so they panic and start dumping the share to cut lose.
after all contra kaki being chased away and lose their kaki, the price will rise bgack

did you do your own analysis or just simply talking here？
the couple already stop disposing their share so the price won't drop too much unless the unknown buyer that absorb almost 30% of shares and Q millions of ringgit at 0.065～0.07 previously change his mind and start disposing the share

should be contra kaki throwing at 0.075 this time.
during bullish era COMPUGT become a safe heaven..
all other counter drop like hell today!!!
regret buying other counter on last Friday, the share dropped by 12.7% today.

---

Added on June 22, 2009, 5:35 pmhe promise not to throw anymore when reporter having an interview with him, so i don't think he dare to break his promise.
the selling activity is done by contra player that are forced to cut loss.
i think now contra player dare not enter this counter anymore after learning their lesson, so the price should rise soon.
but i need to wait until around 9pm to get the insider trading information and will check does the couple playing anything funny.

This post has been edited by sjz: Jun 22 2009, 05:42 PM

Just check and confirmed there is no Off Market/Direct Deals or Major Shareholders Buy/Sell Record in Compugt for today.
So the S-Q should be the job done by contra kaki.
This is a good sign, after Wednesday (T+8) there will be no contra kaki anymore so probably after that the price will shoot up (or rise slowly 0.005 by 0.005?)

This post has been edited by sjz: Jun 22 2009, 11:25 PM

haha..
agree with you. but i feel that the price won't drop anymore since there is no more disposing activity means lower S-Q compared to last time but strong B-Q provided that the secret buyer of COMPUGT share didn't change his mind, if it's not because of the secret person, COMPUGT would ended up to be roving around 0.05 level or even lower.
there is a possibility that it will remain at 0.075 or 0.08 for a few days too.
it will rise, it's just a matter of time, whether how long it takes to rise.

during these bearish days, the share price remain you should be happy already.