1.53 to 1.55 , 38.2% fibo n 20day MA coincides around that level. around that level should be safe to accummulate.

that's just what i think. MACD & OBV don't look too good near term for this stock.

This post has been edited by teehk_tee: Aug 3 2009, 04:50 PM

ARGH.
day after day WCT rubs itself into my wounds. watched it go from 2bucks to 2.61, then now 2.80.



This post has been edited by teehk_tee: Aug 3 2009, 04:53 PM

lol!

if reach 1.52/1.53 i'll dump in 50 lots.

not a good day today.
YTL lost its prev 4 day gains. grrr EPF.
upside is TA still cheong. cheong to 1.30 gogogo!!

i'm with sky on this.

i can see facepalm.jpg from the forumers in alam here.

haha, they're referring to Fajarbaru Builder Group Bhd, small cap construction stock.

YTL .. won't hit the top
but EPF keep transacting large amounts of shares in a low volume environment. not good.

listen to AdamG's words of powarhh

wow, i'm quite scared of these CX stocks. the risk-reward ratio isn't my cup of tea

morning guys,

looks like today's another dead volume day.

hehehe

good one david n adam

haha don't worry i've got confidence in KNM. will buy in more when it hits lower.

holding powarrhh!

i'm sure you're one who has a lot of faith in this phrase. goood for you! always have absolute confidence in your decisions.

This post has been edited by teehk_tee: Aug 4 2009, 07:48 PM

sorry boss i haven't got any new stuff on Fajar. missed the boat already not gonna chase it
expect maybe 1 or 2 more days of green, then probably will start pulling back.

good thing is that volume MA for this stock is increasing.

---

Added on August 4, 2009, 8:59 pmi'd agree with adam on the sell part, contra players should look to cut positions IMHO.

i'm preparing for the red army. come on down!

This post has been edited by teehk_tee: Aug 4 2009, 08:59 PM

here you go, July 31 OSK Research paper on Fajar.
http://www.fb.com.my/images/OSK310709.pdf

edit: personally i think infrastructure projects in East Malaysia should be a hit. I only know 2 companies with exposure there, Hock Seng Lee & Naim. any others?

This post has been edited by teehk_tee: Aug 4 2009, 09:18 PM

lol don't wanna break your bubble boss but i'm on YOUR side.

Loh & Loh? i heard they specialise in water construction or something like that.

i've followed WCT since it was rm2, missed the boat then n kept watching it go up week after week.
followed Fajar since 0.90, now 1.20.

been hoping to buy at corrections, but its been nearly 3 weeks still no major fallback.

my next target's a construction stock. now looking into buying opportunities, maybe HSL/others if their FA looks good.

This post has been edited by teehk_tee: Aug 4 2009, 10:50 PM

haha, but the price hasn't fallen significantly. i'm looking at a dip of more than 9-12%

one theory of economics which i hold true strongly is the multiplier effect, (some call it the trickle-down effect) n construction is almost always the first beneficiary of any stimulus package in a recovering economy, while the reason i've stayed away from property until now is,

#1 : it's a laggard.
#2 : the market is recovering but still looking too heated for my comfort.

i currently hold YTL for long term, but looking to either WCT/HSL/Gamuda (not so attractive since the MD left) for buying opportunities.

my portfolio has OnG, OnG up&downstream support, Finance, Construction. Looking to plantation near the end of the year, and property sometime in mid sept.

that's just what i feel. don't take it too seriously ok hehe.

This post has been edited by teehk_tee: Aug 4 2009, 11:20 PM