LOLOL!!!

Maybank dun have H&S la... PBBank got la....
Maybank... lol.... DESTINED to lose mah...
that was made on purpose...
cos all you see on the thread...
is.. COLLECT, COLLECT, COLLECT....

then... this fella... say so loud.... if got a million bucks... buy at 7.50 lor.... sure win... sell at dividend ex-date....

so I fast hand fast leg inserted a 555 trade into the trade....     

Better post something else this thread gets .... err .... quarantined....   

Someone just shafted CIMB leng chai report on TG ....


that rather says it all for me............

Anything good? 

Next time i wanna call this run up bust down the kyy effect already. Gotta trademark it hahah

Yeah, I am aware of the overcapacity issue.

ps .... hope you all understand now why I despise him so so much. So rich and yet need to do all his nonsense. Quit writing la. If he is good, why need to advertise and promote everywhere what he buys? Hope water fish come help and prop up his shares so that he can sell ah?

KNS!

You must had caught the rebound.

No follow leh. You know I cannot play such trading. Never good at catching the rebound. Yup, my account catching cobwebs.

So much buybacks? If so much, sure attract speculators.

The last reported q... errr... u go see lo...


... have a good weekend la..

Cheers

Ouch!!

Now that's a surprise that you could be caught.

If you do notice, I tend to shy away from stocks which has questionable owners.... cause I believe that leopards don't lose their spots....

it's like .... say... AirAsia... I view what the owners do rather seriously... which is why I won't touch their stocks.... even if one day, a great stock recovery is possible.

Yup, if I don't trust the owners, I avoid.... it's like what the say about stock market cliches that the owners would cheat on you the minute you had their backs turned on them (I believe this is a phrase from Livermore book)....

in that perspective... Genting ... a serial RPTer ..... always using Genting Malaysia as their own private atm..... 

Oooh...... looked into the BS......

and the bloody elephant in the room is that TG has its hand in the money market funds.....

normally it's ok .... to put some extra money into market funds... but this TG ..... i think is way too aggressive....
it's got some 1.6 BILLION ringgit in money market funds...

and when the company put in so much money in, you think they would be more transparent and describe clearly what type of money market fund does 1.6 Billion ringgit buy!!!   

scary

Oh Kenanga platform and Krono (one of my old winner last time.   )

1) The buttons on top of the chart. The camera. It takes a snapshot of what you are looking at. (Fifth from the right)

2) It was on my watching list. The news broke out on the 2nd Nov.

https://www.theedgemarkets.com/article/kron...-contract-china

It was around noon (if not mistaken and the edge article came out a couple of hours later)

You can see it on the trade details of the 2nd...



stock was drifting no where.... and then the news came out and pop went Krono (as a matter of fact, it started kicking some butt and pop went the tech leaders such as MPi and Unisem.

3) I will mark down the event on the chart ...



The first arrow showed where how the stock turned around AFTER the news... (from (2) you can see punters/traders hitting up on the stock (reacting on the stock news) between 52 and 53)

4) Oh... notice how I switched off the S/R lines (it's the second button on the top left).  Ok, this is my flawed practice.  After years of testing, I do not believe in these Support/Resistance lines. Support/Resistance will always be broken. Same perspective with Oversold/Overbought. These things happen. Reacting to these indicators will BADLY effect my trades.

Supports will always be broken.
Today support and tomorrow support will likely not be the same if the stock is in a plunging 'motion'.
Today's support can and will easily turn into tomorrow resistance.

Same with overbought/oversold.
Stocks can be rebound very quickly once it is oversold.
But when shiit happens, stocks can be oversold for a long time.
Buying them assuming they will rebound can badly impact the trade.

Anyway... that's me.

I just don't have and use such stuff.

5) It's hard to understand the Krono chart by looking at the 6 month time frame.

So zooming out for another view, it's always useful.

Looking at it the past 1 year ...



You can see it collapsed.... so need to look back more...

6) The bigger picture



You can also refer to this posting post #565

So the breakout was around Apr 2017.... the earnings although was smallish, it started picking up since then.... and then the stock soared .... it soared past 1.

Since then, since hitting 1 buck .... the stock struggled....

many stale bulls ....

7) So this is where I would say Krono is ....



In my opinion (which I could be wrong) , I feel that basically it's stuck in a range... the 50/60 sen range...

(yes, recently the stock did broke out of this range but for me, the stale bulls are firmly in charge... and clearly they disposed on strength ...)

a) So if I want to use breakout strategy ...

I would want to see the return of recent Aug trading volume... I want to see better momentum built up... and I would prefer to see Krono trading above 75 sen...

Yes, I would only consider trading it based on stronger volume and a much higher price.... (this is because I feel there are far too many stale bulls in the stock  and because of the stale bull issue, I am skeptical and unsure what kind of running legs Krono possess currently ...    )

b) The low ball strategy would require much patience.... wait for Krono to sink back to the low 50s.... 

EDIT: Remember to USE the save button and save whatever markings you made on the chart..... it's a useful practice.

Fuyooooh!

Damn! Batu api spotted!

Not a tip la. Was just answering an earlier posting.

Still stand by my opinion that there's loads of stale bull in the stock...

So how's your ip12?
Wasn't stalking but as I was surfing the celcom thread I saw your postings....

Habis la u..

U better watch out

I am never comfy with PLANTERS.

Yeah.. One of the sectors I am not good at.

So much factors involved...

Cpo prices. The currency. The age of the trees. The yield. The land. Management.

Pening.

Some go up, some don't.

Me not simat enuf...

Sure got my friend .....

Buy stocks that will go up. 
okay?
And gong xi fa cai to you my friend. Wishing you tons of happiness and good health. 

yhtan

this one .... can or not?

Samchem up again ... and yes, I have zilo position in the stock....   

Oh yes hor .... now I remember! Ya. Ya. I think you goreng the fella b4.

It's just popped up on my screen... you know ... Samchem... and the Luxchem ....   

never knew such a stock existed until the other day....

and yea... if you noticed... the majority of the newer listed stocks had some sort of momentum lately .....   

So mana tipsy aku?