Oh yes that's what i've been doing...

Continuously analyze my earlier analysis....

You will find that sometimes your initial analysis is right...after 3 months, your realized that your initial analysis is wrong..

then

after 6 month, it matched with your initial analysis..

MI Technovation Berhad 5286



Huge volume on QR date.

Seems the market is anticipating good QR result from MI equipment.

The QR released :



Will they be disappointed?

Or are they looking forward to MI's expansion?

Chart will tell next week

C&H setup eh?

Well i think this "cup" is more established.

Pinjam ur chart, the volume showing "cup" too.



Stock price pull back on light volume and climb on high volume, bull's commitment more than bear. Smell bullish.

However, still need 1 good earning as catalyst.

PS : If i tangan gatal and optimistic about this counter, i will take position during those days with super low volume .. ie when no body interested to sell / buy.

Honestly i didnt expect this kind of drop for JFTECH... What i expect will be some consolidation near 4.4x area..



Nevertheless, the stock price has been doing quite well since MCO.

Update MI (5286)

The earning indeed disappointing the market...



Lower low and lower high with volume confirmation..

Update SUNREIT :

DPU For FY 2020 = 7.33 sens

SUNREIT Yield : 0.733/ 1.43 = 5.12%
Current eFD promo rate : 2.30 %
Current 10 Yrs MGS yield : 2.63 %

Latest QR result:




DPU drop-> REIT price drop. The golden rule.

Let says one invested in SUNREIT during 19th May 2020 ,with price 1.55, one will currently now sitting at loss -9.2% 8% typo

Some of the highlight in the latest QR :







Borrowing increased too, for the acquisition of Sunway Pinnacle :





With current climate of prolonged global low interest rate environment, REIT will be the place for those yield chasing pension funds / institutional funds. Take a look at the largest 30 shareholders of REIT, mostly are those fund houses. A few % in yield different means almost nothing to individual investor, but for large institutional fund houses, we're talking about millions, or hundred of thousands perhaps?





However as an individual investor, the bet, or should i say investment strategy still remains, is to bet on its recovery. Here are some questions to ask ourself before investing in sunreit.

- Why SUNREIT?
- What is my expectation out of SUNREIT?
- How do I react if the price of SUNREIT drop further?
- Can the properties of SUNREIT earn me more DPU for years to come?
- When will be the recovery?
- What if it never recover?



This post has been edited by Smurfs: Oct 29 2020, 08:52 PM

SUNREIT cont..

I remembered 2nd October...It was the 2nd day of continuous 3 digit Covid new infections in Malaysia..





No sign of consolidation yet.....

Just becareful of "endowment effect"..

Sometime traders/ investor are not aware of this "endowment effect" is actually steering their thoughts unconsciously...

Well anything can happen , even to the so called "safe heaven", REIT...

America's malls under pressure : CBL, Pennsylvania REIT, file for bankruptcy

Good stuff

Homeritz and friends, Latitude has been trending up recently.

Update SUNREIT NOV-16



That volume on 10 Nov, is due to the news of 90% effective coronavirus vaccine. Since then, recovery theme can be seen across bursa..

Nevertheless, like trading every other stock, the risk is always depends on your buying price.

Buying price is very important.

Moving Averages(MA) presents a "smoothen" version of price's general direction, ie averages of stock prices.

Some trader use MA as support / resistance. They sometimes act as support or resistance within a trend; and in some cases, they are similar to trend lines. The main difference between MA & trend line will be ; MA is calculated, trend line is drawn by human. If you ask 10 people to draw trend line, you might get 10 slightly different trend lines. But if you ask 10 people to generate MA on the chart, all 10 should arrive at the same result.

Some trader use the "golden cross" & "death cross" to catch big moves. However, they produce really infrequent signal. And it is not foolproof too.

Some trader see when the stock price crossed MA 50 line with volume commitment, they long the stock, this could be the case for OCK. They place a bet on possible directional change in the market.

But to me Moving average (MA), be it SMA / EMA / LWMA, to me is still a laggard indicator. It can be use as REFERENCEs, but dont jump into trade because MA told you to do so. It didn't yield much results

Cheers

P/S In terms of sensitivity, LWMA > EMA > SMA. Sometimes too much signal can become interference, ie noises.

Less is more.

This post has been edited by Smurfs: Dec 5 2020, 01:52 PM

MI !

anyway can see the descending triangle.. looks bearish at the moment.

BUT the pull back was done on lower volume..and the stock is now consolidating.

Have to watch 3.8x support level..if breakdown, it is likely to attract additional sellers.

However, it can also be an opportunity to take position...

P/S UWC more interesting

Breaking down

No sexy stories / catalyst to drive MI's price up...

It is still trading at below average volume.. lack of volume.

Unless the board gatal want to play those "bonus issue" game , to spice things up a little bit to attract punters

The chart clearly showing only 1 direction as for now, no buy signal yet... wait for trend reversal lo

But what if... the reversal is a bear flag and stock price continue to dive.

Here is another descending triangle :

Eh topic changed....

What's the latest rules & regulation then

Probably a thread that discuss more on strategy would be beneficial for all...when to buy, when to sell, position sizing, breakout play, value investing, dividend play bla bla bla..

No i dont have any CPO related stocks..

I'm not good at stock that are closely related to commodity prices, be it energy / CPO / steel stock

What was your concern?

lack of volume?

Just had a glance on TCS.. Seems like they are mainly involved in building & constructing residential & commercial building, especially projects from SP Setia, Mahsing, Tropicana etc.

So if property market is improving, new launches from Msia Developer will be catalyst for the group, if they manage to secure those contracts.

Competitor will be inta bina, Kerjaya Prospects?



Blow water is my strength !