Edit

Happy April Fools everyone!

Let me fool everyone with a chart that I think has "potential" in the upcoming days, weeks and potentially months. Let us discuss one of my siggy shares, Parkson (and so, the pump and dump activity can continue and people like me can profit! Great plan right?    Just kidding, April Fools again).

Sure everyone know that this company is a loss-making firm (well who would not thought about it). In the last few years, 5 years or so, it has been on a long term downtrend which if we zoom out of the chart, there is no full stop on this company. Every few or so month, the company's shares will get dragged down for the obvious reasons, their huge mistake in investing into China.

Let us look at the recent financial figures and we can see Parkson is profiting once again, albeit so far, up 10 million, down from 31 million of net profits during the same quarter. The net tangible assets as of now stands at RM2.38. But hey, this is a trading topic right? So why the whole talk about fundamentals in here? Bring us to the technical aspect part.

So remember that I have said it was down for about 5 years? If one were to argue, "But where got all downtrend? There was at least a stable phase on the one month chart in 2014." But if we were to zoom out to the weekly chart, short term wise, it has been proven a downtrend lagger and it has been nearly 90% since 2011. Embarrassing!

However, recently the chart has been stabilised since the start of the year and maintained consistency in 2017. Word abuzz come from privatisation, sale of their retail assets, blah, blah. This is not important. What is important is that, there is recently few upside down dragonfly Doris known as the "gravestone doji" appearing in the Parkson graph. Gravestone dojis usually appear when a bullrun has overran its course. But the weird case is that, it has showing up on the daily chart near the lowest point. Does this mean a bull is picking up again?

But anyway, this is just a prank. I am seriously wasting my time talking non-sense. Oh well, who will ever about it and of course, if anyone believes my analysis, look forward to my siggy first before buying or considering. Let us consider this an educational information for everyone. 

Have a nice weekend ahead. Apologies for having me to take the pic as Investing.com is not really friendly in sharing links...

Dude....

it's OK to talk trading based on fundamentals. I even put it there on the first page long ago.

Ok. Parkson.

It's not just just China.
I feel the management has continued to make bad decisions after bad decisions.
Anchor tenant at Maju mall?
No wonder they are losing so many millions on that store.

Latest?
Anchor tenant at Mytown Mall?
And just a few hundred meteres, anchor tenant at Sunway Velocity?
I just don't see Parkson can do well making such corporate decisions.
You been to these 2 new mega big malls?

Nope. Never been to MyTown nor Velocity. As for Sunway Velocity, I have been getting from people bad criticism about the place, hence, the reason why it is not doing well. And with less crowd, no surprise it will not do well. Malaysia's retail segment is barely floating!

Now, this one is really strange. Open two outlets nearly side by side. Really red flag indeed. In the years before this, they should have open one at Mid Valley or something.

Yes, I cannot more than not agree that the management has a lot of problems now. But there was this company who is bleeding money, do not know which direction to undertake, also like Parkson, being too ambitious with launching too many products, now which company is that? Anyway, it is a GLC company but Parkson is not and so I cannot digress too much about this.

But talking on technical terms, I do maybe see a rebound in this stock, maybe around till the 70c level. Definitely not IWCITY, AIRASIA style of rebounding. But speaking of better confirmations of an increase, if one is not comfortable with Parkson. Let me pull out some magic and if I can that I got this from KLSE Technical Analysis (all credits goes to him), there is always.....Benalec.....

Edit

A tiga ... FA looks good, and looks like momentum starting already. Been monitoring from last QR.

Momentum starting ??



Sudah terror geng lingo.



This one kinda strange.
The market's reaction to its performances was kinda muted in Feb... then suddenly it decides to pop up on Friday.

I have no idea how to chase such stuff.

So remember that I have said it was down for about 5 years? If one were to argue, "But where got all downtrend? There was at least a stable phase on the one month chart in 2014." But if we were to zoom out to the weekly chart, short term wise, it has been proven a downtrend lagger and it has been nearly 90% since 2011. Embarrassing!

However, recently the chart has been stabilised since the start of the year and maintained consistency in 2017. Word abuzz come from privatisation, sale of their retail assets, blah, blah. This is not important. What is important is that, there is recently few upside down dragonfly Doris known as the "gravestone doji" appearing in the Parkson graph. Gravestone dojis usually appear when a bullrun has overran its course. But the weird case is that, it has showing up on the daily chart near the lowest point. Does this mean a bull is picking up again?

But anyway, this is just a prank. I am seriously wasting my time talking non-sense. Oh well, who will ever about it and of course, if anyone believes my analysis, look forward to my siggy first before buying or considering. Let us consider this an educational information for everyone. 

Have a nice weekend ahead. Apologies for having me to take the pic as Investing.com is not really friendly in sharing links...

Hope to get some thought on this too. High profile deal, but price down 9% upon closing.

Pop because BI approved.

Nope. Never been to MyTown nor Velocity. As for Sunway Velocity, I have been getting from people bad criticism about the place, hence, the reason why it is not doing well. And with less crowd, no surprise it will not do well. Malaysia's retail segment is barely floating!

Now, this one is really strange. Open two outlets nearly side by side. Really red flag indeed. In the years before this, they should have open one at Mid Valley or something.

Yes, I cannot more than not agree that the management has a lot of problems now. But there was this company who is bleeding money, do not know which direction to undertake, also like Parkson, being too ambitious with launching too many products, now which company is that? Anyway, it is a GLC company but Parkson is not and so I cannot digress too much about this.

But talking on technical terms, I do maybe see a rebound in this stock, maybe around till the 70c level. Definitely not IWCITY, AIRASIA style of rebounding. But speaking of better confirmations of an increase, if one is not comfortable with Parkson. Let me pull out some magic and if I can that I got this from KLSE Technical Analysis (all credits goes to him), there is always.....Benalec.....

Morning guys 🙋🏻

Just back from crypto lala land....

Normal bursa trading resumes today 😸

PAPER trade.. COMFORT at 71 cents..

This is good ma...

1. Write down reasons why you buy.
2. Note market sentiments
3. Treat it as if you were trading with 100k real money.
Take BDB the other day.
Looked ok...
Good dividend going ex.
Theory to test?
Jump into a stock which has going to pay dividend soon.
Sub theory of it...trade long or short?
If trade short...selling it immediately after it went ex...would yield what kind of result.
blah...blah...blah...
Oh...and check if Ah Boon got put his two coconuts into play or not......

So it goes pop pop sound......

make money again eh?

Scary stock.. dun dare use real money.. 

Getting scary ..... cos Gark thinks it's scary.
Lot of stocks going pop pop hor...

ahem.. ahem.....