It's been awhile, V2 already!!!!

Although it's 1 week late, but I still wanna wish Happy new year to all traders year. may this year be a very prosperous year for all of us!


new year gift:

SENDAI




Weekly chart of Eversendai. Notice the divergence between the price and the stochastic. Personally, I like to use this method as I find it pretty reliable, at least after I run some back test, and from my own experience using the method.

Nonetheless, this is not a buy call, just to share my opinion. Cheers

Never in my radar before, and yes, fundamental understanding is important for any stocks. without fundamental, technical will be useless in my opinion.

I think the lacklustre in the share performance ever since the listing is because the construction sector in general were not doing well. Talk about bad timing

But most IBs said construction will pickup in 2013, and I figure this is the counter that have not move up yet, so might be worth to look at and study the fundamental of this company.

venturing into O&G? based on their expertise i.e. construction, could they be building rigs? or maybe processing plant? I don't know....haha

lol yeah, you need big knife to jump around in futures. FCPO margin is RM7000 per lot, where got small!!

really? very low ah your rate. which broker?

btw RM6k can trade 5 contracts? what contract is that? i thought CPO margin is currently RM7k, not sure about FKLI though, but i think more than RM2k

PMed you already

positive news also price not going up much...haih

maybe because no trading interest, especially from day trader.

today only move.....

what happen to FKLI?

i also jobless now. haha. anyone want to hire me to trade for them?

that's freaking 3.5 millions already as initial margin. If i have that kind of money, I'll just put it in TH, earning 5-6% a year is more than enough for me. no heart attack when seeing price moving in the opposite direction as i expected. haha

I need new ping pong set.

no position for stocks, and not looking to enter equities at the moment.....so no point to post charts also.

plus my bursastation expired, now just renewed so might post again sometime soon

FCPO on Flickr

FCPO 5 mins chart.

not looking at stocks atm, so maybe i'll just post fcpo or fkli for the time being....

what do u need training room for? my office still go empty chair inside my room

burstation got 2 option, 1 is basic, and another 1 is pro.

Basic is web based i think. I'm using pro version.

for pro, if u want charts and data for derivatives only (that is, FKLI and FCPO), starts from RM563 for 6 month and RM958 for 12 months.

refer here:

http://www.bursastation.com/users/register...ibeProContainer

you're expecting discussion on stocks? FKLI? thread title is Bursa traders, so i guess everything under Bursa falls here

got stock tip please share2

I don't have any at the moment because of uncertainty of GE, and now with the shit that happening in Sabah, i rather be on safe side, and keep my cash.

Fund managers normally are not allowed to be reckless during period of uncertainty. So I'm afraid the push up of KLCI this past few days are created by them to dump their holding..

My 2 cents only

YTLPOWR

YTLPOWR Weekly chart

Forming wedge, with bullish divergence btw price and RSI, indicating strength. I suspect accumulation.

Same goes to the 'anak', YTLPOWR-WB


YTLPOWR-WB

Broke the down trendline with exceptionally high volume, couple with bullish divergence in RSI, and triple bottom formation. Strong support could be seen at 0.36-0.37

Anyone care to highlight the fundamental of this counter? If I'm not mistaken, they are not paying interim dividend for the first time in 5 years, which could mean their cash pile is increasing, and create speculation that they might be taken private, or will use the cash for future investment.

Yeah huge debt, hence not making sense to privatise it. And YTL are known to be not generous, either in dividend or privatisation. Let see what they have up their sleeves, and whether the action are justified by the price action

Anyway if RSI goes above 50, i might consider taking position

This post has been edited by ciahcra: Mar 7 2013, 04:32 PM