Now already 0.305!!! New 52 weeks high! TP at 0.50!!!

I posted on 28 Aug:

0177 Pasukhas starting to fly.

Rumor says there is a vibrant investor to link big contract from South Asia. Definitely will double up. BUY! I attended FGS roadshow at PJ last weekend and this recommended stock didn't disappoint me.

https://hk.finance.yahoo.com/q?s=0177.KL

my ayam lari again? Or i let the fish swim by me d?

You see ayam but you look see look see.......................

not sure, was reported on the edge saying that it is asset injection arrangement

well, to really admit i was more keen towards property and industrial sector rather than those IT/management thingy. i feel that these sector have already reached their intrinsic value nowadays

btw, i am very keen on YSPSAH. last time you said that chart and financial looks weak? today directors are buying and busy acquitting when the shares are low. perhaps waiting for share buy backs from company will be a better indication?

This post has been edited by spring onion: Sep 5 2014, 01:03 AM

YSPSAH... hehe... again?
This was what I saw the other day when I wrote the chart looks weak.



That MASSIVE selldown on 2 Sep on the back of a very HIGH volume was a worry.

Such action calls one to zoom out....



As you can see, clearly that sell down has put a huge concern over the sustainability of the current uptrend.

Layman's worry is easily translated as 'Is the long term uptrend over? ie is it game over?'

This is a weak chart.

Sorry I do not know any other way to describe it.

Would I use a predetermined entry price (1.40 as suggested by you) to determine an entry?

No I won't.

I am in the market long enough to know that such a strategy is rather risky and an almost impossible situation to manage my risk trading it this way.

That's my opinion. ( LOL! I thought it would be nice if I don't day day post long long message to describe the obvious.

Next... what's the logical thing to do?

I do not know about you but I would be asking WHY.

What has happened that caused that long black candle?

And the clear answer is ..... profit result wasn't good at all.... ie weak.

And this is what I saw THE OTHER DAY.....



See the decline in profits?

Most important also, profits have dropped to a measly 1+ million....

It's a shocker for me to see it. (I do remember that last time we talked before on YSP... )

Ok profits results was weak.

Then I ran a quick check on 'my sector leaders' (ie my own opinion on which are the better stocks in the sector)

I look at Pharma - profits were up some 36%.
I look at Ahealth - profits were up some 6%.

So clearly YSP were underperforming..................

Also from that screen shot, we can see the boys from TH were disposing their shares......

What would be my conclusion?

So yesterday, you saw the Dato Dr Lee announcing he had increased his stake.
475,*** additional shares were bought at 1.50 on 3/9 (not yesterday hor)
Not cheap.... at least 700k..... too rich for me.... LOL.....

So the Dato thinks his shares is valuable at 1.50...
and he has put money where his mouth is.



Would I follow?

Sorry..... I won't...... not now..... but this is me, my style.... which of course could be wrong.
Cos at this moment, I just not convinced by its fundamentals and also on its valuations....
maybe Dr.Lee sees value....
but what if he was just buying cos he does not want his shares to fall lower?
I don't know...
For me, I think I would need more reasons to buy and at this moment..... there isn't enough......



This post has been edited by Boon3: Sep 5 2014, 08:28 AM

Turn right?

Wanna turn right but still don't know gonna park inside or not yet lo. Haha

Kopi-O punya lesen.....

Eh eh as long as i drive safely police also cannot catch me wan

update....



only 2 downloads?? .......

I tell you...
it's like this one...................

















eeenie meenie mini mo.........

NTPM..... 2nd quarter of shitty results.....

TP no longer in demand meh?



Trailing eps now only 4.3 sen.

At 80 sen, PE = ......

NTPM already this year not very the happening at all....



Now if the shitty results ...... erm...... causes the stock to break down..... look out below....








ooops...... the edge not helping at all..... not with the article headline.....

http://theedgemalaysia.com/business-news/3...to-rm7-mil.html

This post has been edited by Boon3: Sep 5 2014, 08:54 PM

Furniture stocks downtrend?

lol @2 downloads

Tarak laku why ar? Haha wa tengok chart sudah tak lalu sure tarak pigi download itu pdf loooo



TEKSENG macam sedap wo

Yeah... we are always prejudiced in our own many ways and we do prefer to see and listen what we want to see and listen.

Other day, only 141.



Reading the pdf is pretty much interesting....
sometimes we are plastered with fei kei numbers...
however, there are few times we are left scratching our heads until we lose some of our many million hairs....
wondering why the forecasted numbers are much lower than the current numbers.

reminds me of inari last september...

Yeah... Tekseng ..... this ah seng rocketing like crazy....
amazingly it isn't even anyway close as good as the other better furniture related stocks.

LOL!

thanks for feedback. the reason profit was lower is due to forex loss. revenue wise i can still see the volume are sustaining could be a temporary loss

fundamental wise, i can only see light in homer and hevea. homer got strong profit margin and fundamentally strongest in terms of their cash management. hevea on the other hand is riskier but their EPS is damn good and improving

the numbers in chart do support tekseng. but i wouldn't trade shares which i'm not familiar with

Boon,
http://www.bursamalaysia.com/market/listed...cements/1729309

refer to the above announcement, the price acquired by the director is 0.66 per share but i check the chart, lowest on 28 Aug was 0.675. How did he acquired at 0.66 per share?

Let me honest here, I've yet to look c look c the balance sheet and notes, hence it's interesting to note what your point on the forex losses.

Ah... the furniture stocks.

Well... it's rather clear, at least for me....
the past couple of months....
Homer has underperfomed....

Other stocks have advanced a fair bit compared to Homer....

which is simple...

either Homer is outright lousy or jinxed .... LOL ....
somebody needs to sell else Homer won't naik.....

LOL! jk la (as usual)

or perhaps it could be viewed as a rare opportunity.....
fundamentally and most important (from a cash flow perspective) Homer is as good (if not better) than most listed stocks....
Despite that Homer is now paying a consistent dividend each quarter, the cash had increased steadily....
From fy2011, cash pile increased from 11.7m > 24.4m > 34.7m > 47.8m (as reported in its last profit report)
Yup... Ohhhh M Geeee!!!
It's a freaking cash machine!
Tell me another listed company which is better than this now?
Homer only has a share base of 200 million shares.
What's the cash per share amount?
And despite the current good profit growth, the share has gone into a coma....
LOL!!!

Like I am saying a couple of times now....
Is this value or is this a death trap?



Yeah.... I do have certain shares which die die also I won't trade...

hehe.... good question cause I also dunno how.