Might even take it private and repackage it... Vincent Tan speciality... packaging business

ah wood is moving up very nicely ...

boon 6180 inching towards 920 the price you said to lookout
just a little bit more can breakout liao

This post has been edited by lambethwalk: Mar 27 2014, 09:17 PM

Please correct me if wrong, must add 1 to the stock code?

new chicken to chase ka,

You downgraded my value by 3 sen ka?



92 is the price you want to watch.
And you want the stock to move higher than 92 sen.

If you are impatient and you do not wait for this to happen, the risk is that it could fall back lower.
Look at Feb big run, where did it hit the roadblock and then turn horribly lower?

Volume.
No volume no action.
Too little volume ends up with a lame action.

Again compare the Feb run. *we come back later on that run again*
Look at that volume.
What can you gather?
Well it's gonna need that much volume to see action.

Last Tuesday volume, 25/3, the volume build up was fine.
Stock ended up few bids higher.

What happen next?
Two things.
It held its ground, which is good.
But there's no follow up.
Since Tuesday, the stock gained 1 sen.
So it's half half here.

Next we take the bigger picture.



We need to zoom out to read the tea leaves.
We need mor info esp on volume.

What does the zoom out tell you?
When was the last big play on Malton?
Last June.
That's the key.

You want to see those kind of volume.
Else the play most probably might not be meaningful.

Understand the volume?

If the volume is not there...
yes, Malton could move past 92 but would it have enough momentum to go pass 1.00?

This is an important issue for you to address.

Else you will be trading a stock, which could see some gains, but the gains could be limited due to the lack of buying momentum.

Meaning to say, if you enter at 92 sen, at best maybe you could see the stock go 1.00.
A 8 sen gain.
And that's about it.

LOL!
And you know what I would call such a trade?
Yup, a Mickey Mouse trade.

You know me la...
I don't believe in making a trade aiming for such tiny profits.
It's not meaningful and even if one can win some...
soon one day, one will be stuck....
you know I have examples to back up such statement.

So if the volume is not there...
perhaps it's even better to wait even higher.
Wait for the 1.00 barrier.
If it breaks that WITH volume, chase the chicken.

Back to the Feb movement.
Feb is usually big profit announcement month.
True enough, Malton's earnings was announced on the 26th.
Ok, without looking inside Malton's earnings, Malton's profits looked great.

Mark the date down on the chart, and you would have seen the stock JALAN few days earlier on 18th.

The stock already priced in the good news....
or them busuk insiders already knew?
And since then the movement has been disappointing compared to the earnings.

Congrats on wood.

read ALL walaueh...
yes...volume... need that VOLUME!
but so close boon... 920 at the horizon .. so near... can feel, can smell...

on another case. look at GP waterfall



This post has been edited by lambethwalk: Mar 28 2014, 09:06 AM

ugh.. DSONIC-CA is also scary le.. like superman push.. but can excise at that price meh? or just simply goreng?

No volume no action.
No action no money.
No money no honey.



GP?
What's the biggest thing to learn?
Never fall in love with a rumor.

but rumour came true
at the very end.. jadi

Please create new version V4 for further posting. Ty