Many years before them, there was this weekly article written by Dynaquest boss Neoh Soon Kean.
His weekly column would appear on the Sunday Mail.
He got such a huge following that whatever stock he column features, the stock would go up on Monday. 

Then you have the reporter following the footsteps in the Chinese columns... yup... Mr.Fong

Write...stock goes up...



Then of course you have several bloggers like Dali and then KYY.

LOL! Life is good.

Anyway......... is it hard picking a stock like Krono?

From the history, we know this stock fared badly since listing. Soon after listing as posted here post #1879, Krono started having quarterly losses. 2 consecutive quarterly losses.

As stated in the posting, turnaround was seen. Since then a turnaround was positively seen.
3 quarterly set of profits.
One could have easily estimated that the current fiscal year profits should easily double the previous year profits.
And if one read the earning notes, one would have realise that Krono's profits came mainly from Singapore, which is a wonderful hedge against the weekening ringgit.

Of course the risk is obvious. It's still newly listed , so the reliability of the numbers and shareholding issue (the only main shareholder is the Indian owner).

Price then was around 27 sen at the time of the posting. Yes, it had already appreciated a fair bit already considering the stock could have easily be bought around 15 sen. But sometimes, this is what I call insurance. Buying on the first positive quarterly result runs the risk of a flash in the pan scenario.

Anyway.. there we were..... and what happened by end Feb was Krono confirming that its profits had more than doubled.

Stock then shot up!

see below...


Ok that was all cerita lama....

Old tok is cheap tok!

So before this breakout...
if one was paying attention....



That look like a simple flag pattern waiting for the good ole breakout....

In the meantime... the company was featured in the edge...

http://www.theedgemarkets.com/article/indi...80%94-kronologi
http://www.theedgemarkets.com/article/kron...sence-india-sea

This is what happens next...



So who is this Fong fella again?
ps: if you ask me... I rather be my own hunter.... anytime.