AGLOBAL slowly moving up

TA outlook for AGLOBAL trending up. I have been holding this stocks for months and positively looking for great return. Keep asking myself to be patient and wait for the time to clear all... this stock should move up very soon...

US Dollar strengthen

The recent pace of the decline in the Dollar has been giving traders a clue that sentiment may be shifting. December Gold is trading lower because of the stronger Dollar. Now, looking for pressure to remain on January Crude Oil.

The stronger Dollar and weaker equity markets are helping to convince speculators to think about the short side of the market. The weak economy is expected to continue to help erode demand. This should increase supply which would be another bearish sign that lower prices are to follow.

KLSE quiet

KLSE has been moving sideway for few weeks after hitting the year high. Anyway, the index supposed to move downward now but it somehow still sustains above critical support line.

Investors are standing aside to watch up and cautions about the KLCI movement, as the chances for the index to move down side is high. There were not major correction since April, expect to happen soon or another around of uptrend to end the long run bullish.

Just to watch up and selectively pick a good stock to invest. Be caution and react accordingly to the market movement.

AGLOBAL

GLOSOFT has changed name to AGLOBAL (Ariantec GlOBAL). With Metronic Global acquired 96,657,750 shares at 0.10, I personally believe AGLOBAL still has room to move higher... I am still holding some shares.

However, KLCI in the correction phase finally, given chance to keep some good counters.

Stocks to watch

Many stocks has recovered the loss due to Dubai crisis. Below are the stocks need to watch up!

Kossan - TA looked good now, potential another uptrend rally.

Mudajya - I personally like this stock, similarly another uptrend rally formed.

Hiaptek, AFG...

AHEALTH

AHEALTH TA outlook is looking good now. Good to keep this stocks for another growth. Looking for short to mid term gain.

Glosoft Announcement

There will be additional shares listed tomorrow according to announcement today.

Acquisition of 3,957,196 ordinary shares of RM1.00 each in Ariantec Sdn Bhd ("Ariantec”), representing 100% equity interest in Ariantec from Metronic Global Berhad, Vincent Loy Ghee Yaw and Chen Kong Kheng by Global Soft (MSC) Bhd (“GS”) for a total purchase consideration of RM38.25 million to be satisfied entirely by the issuance of 382,500,000 new ordinary shares of RM0.10 each in GS

KLCI index might in correction phase

After the short term bullish since early Nov at 1240 to as high at 1288, KLCI index might face another correction if the index cannot hold at1273.

Although KLCI might in short term downtrend but there are still some good stocks to pick.

Stock to watch : MUDAJYA - support at RM4.40

Game Over for MLAB

MLAB game is over today. Correction is coming soon. The interesting part of this stock is like riding on roller coaster, very exciting.... Only short term play stock and profit is huge, of course if don't know how to handle it, loss will be significant.

I am still waiting for Glosoft to has same kind of roller coaster movement. Keep waiting.

Will Glosoft come back?

I am still holding Glosoft since failed to sell it out, will Glosoft come back after T+3? I must sell it this time, and expect new high compare to last round.

Let's see what happen this week.

Stock to watch this week.

Some stocks to watch for this week :

Gunung, MLAB, GUH, Glomac and TSM.

What happen to TAMADAM?

One day up, one day down. Persons behind this stock are good in trapping the small fishes. Actually, if I bought it yesterday I should it today morning. Why? In the early morning, the stock pushed out with high transaction. It is unusual and means somethings, right?

The stock still looked attractive as for now, mid-term uptrend still intact. However, TA suggests there will be more selling pressure in coming days, especially T+3.

Keep in view for 2 more weeks.

Hello TAMADAMI

TAMADAM went up yesterday but I didn't ready to get myself in. I missed the boat again. This stock will come back again. Wait for next correction, will enter and prepare for the ride...

Glosoft didn't hit 0.12

I wanted to sell out Glosoft at 0.12 but didn't success.
Spotted another stock that could be potential for mid-term gain : TAMADAM. Watch up!!!

Glosoft update

Glosoft has been moving up slowly for few days and volume has increased from day to day, especially with ~4.3 million shares transacted today. TA has triggered some correction might happen. If tomorrow go up further, will consider clear up my holding stocks.

Will Titan move north this week?

Titan has gone up last week following good market sentiment. Anyway, it successfully closed above short term bullish line, possible to move higher this week. Current support still drop at RM1.13 and resistance at Rm1.25

KLSE correction finish?

Today KLSE index closed handsomely up 11.52 pt. It has surpassed short term bullish 1250. If the index can sustain above 1250 for another few days, means correction finish, another bullish will come back.

Stock to watch: AWC, Glosoft, HPI and ENG.

Titan

Titan moved up to RM1.25 after impressive financial announcement. On the same day, relatively high volume traded and the price didn't push higher. The following days, selling pressure kept the price closed lower. The support should draw at RM1.13 in order to push higher in the next round.

I personally missed the chance to sell out my shares due to impressive financial result. TA revealed it still has potential move higher as long as the support doesn't break.

Titan Chemicals 3Q net profit surges to RM143m from RM9.6m

Titan Chemicals 3Q net profit surges to RM143m from RM9.6m

Market might be slow down in November

Market outlook may enter adjustment soon. It is important to pick the right stock to trade now as some stocks will go south anytime. Try to avoid those downtrend stocks, else will get trap.

Stocks under my radar scan as below after those recommended being running up:

Glosoft - An speculation stocks, 0.075 should be strong support level.

Titan - Giant will move soon...

Insas - Long term TA looked good. Invest in long term for this stock will have good return.

Glosoft - watch up

Glosoft - anoher penny stock need to watch up. TA for Glosoft has triggered buy signal.

SKPRES - what a waste!

I sold out all my shares too early for SKPRES at 0.16. I never think of it can run so sudden after break 0.16. I was expecting a pull back before another strong rally and re-enter. What a waste and mistake being made.

Learn from mistake, and this is the road to success.

KKB - up handsomely

KKB finally pushed up as mentioned in previous post. Yesterday, close at RM2.58, up RM0.18. There is still no sign of immediate adjustment, uptrend still intact. Continue to hold...

A good profitable stock.

Can KKB break the new high?

KKB remains quiet for another 3rd weeks since last update. Today, it closed at 2.40. Will it break the new high tomorrow? If not tomorrow, should be near in the future.

Stocks to watch

Kossan - Uptrend still intact, more room to go...

Skpres - Another price pushing up coming soon...

Natbio - TA uptrend formed again, waiting for pull back to enter...

Kossan and Gpacket

Kossan - finally up beautifully today, as I said this is sure win stock last week. More room to go, anytime pull back will be good entry.

Gpacket - Finally come back to spot list again. Buying signal already being triggered. Finding a good entry point now, any pull back will be good price to enter. Good luck!

SKPRES - Good Spot

No surprise to see SKPRES up today. Continue to hold it, believe still have some room to go, if strong support at 0.135 never break.

SKPRES

Take note on SKPRES, another speculation stock has potential to rise. Short term outlook looking good. Breaking 0.145 will be good for rally run.

About GTRONIC

I was asked to give opinion on this stock. At first, by looking the chart, something cross my mind "money flow into this stock" Someone is accumulating shares. After few times of checking, yes my interpretation is right, no doubt.

Moved on to check the stock performance, I noticed the announcements were related to share acquisition. Things are clear now. the decision is on you. Anyway, this stock is slow moving, but will see result eventually.

Friday, 18 Sep 2009
5:44PM General Produce Agency Sdn Berhad (18,000 Shares Acquired)
5:44PM Ng Kweng Chong (18,000 Shares Acquired)
5:44PM Malaysian Technology Development Corporation Sdn. Bhd. (18,000 Shares Acquired)
5:44PM Ng Kok Khuan (18,000 Shares Acquired)
5:44PM Ng Kweng Chong (18,000 Shares Acquired)
5:44PM Ng Kweng Chong Holdings Sendirian Berhad (18,000 Shares Acquired)
5:43PM Wiserite Sdn. Bhd. (18,000 Shares Acquired)
5:43PM Gooi Mei Hoon (18,000 Shares Acquired)

Tuesday, 15 Sep 2009
5:25PM Malaysian Technology Development Corporation Sdn. Bhd. (18,000 Shares Acquired)
5:25PM Ng Kok Khuan (18,000 Shares Acquired)
5:25PM Ng Kweng Chong Holdings Sendirian Berhad (18,000 Shares Acquired)
5:25PM Ng Kweng Chong (18,000 Shares Acquired)
5:25PM Gooi Mei Hoon (18,000 Shares Acquired)
5:25PM Wiserite Sdn. Bhd. (18,000 Shares Acquired)
5:25PM Ng Kweng Chong (18,000 Shares Acquired)
5:25PM General Produce Agency Sdn Berhad (18,000 Shares Acquired)



Thursday, 10 Sep 2009
5:19PM Ng Kweng Chong (18,000 Shares Acquired)
5:19PM General Produce Agency Sdn Berhad (18,000 Shares Acquired)
5:19PM Malaysian Technology Development Corporation Sdn. Bhd. (18,000 Shares Acquired)
5:19PM Gooi Mei Hoon (18,000 Shares Acquired)
5:19PM Wiserite Sdn. Bhd. (18,000 Shares Acquired)
5:19PM Ng Kok Khuan (18,000 Shares Acquired)
5:19PM Ng Kweng Chong (18,000 Shares Acquired)
5:18PM Ng Kweng Chong Holdings Sendirian Berhad (18,000 Shares Acquired)

Monday, 7 Sep 2009
5:12PM Gooi Mei Hoon (20,900 Shares Acquired)
5:12PM General Produce Agency Sdn Berhad (20,900 Shares Acquired)
5:12PM Ng Kweng Chong (20,900 Shares Acquired)
5:12PM Ng Kweng Chong Holdings Sendirian Berhad (20,900 Shares Acquired)
5:12PM Malaysian Technology Development Corporation Sdn. Bhd. (20,900 Shares Acquired)
5:12PM Ng Kok Khuan (20,900 Shares Acquired)
5:12PM Wiserite Sdn. Bhd. (20,900 Shares Acquired)
5:12PM Ng Kweng Chong (20,900 Shares Acquired)

Wednesday, 2 Sep 2009
5:14PM Gooi Mei Hoon (18,000 Shares Acquired)
5:14PM Ng Kok Khuan (18,000 Shares Acquired)
5:14PM General Produce Agency Sdn Berhad (18,000 Shares Acquired)
5:14PM Ng Kweng Chong (18,000 Shares Acquired)
5:14PM Malaysian Technology Development Corporation Sdn. Bhd. (18,000 Shares Acquired)
5:14PM Ng Kweng Chong (18,000 Shares Acquired)
5:14PM Ng Kweng Chong Holdings Sendirian Berhad (18,000 Shares Acquired)
5:14PM Wiserite Sdn. Bhd. (18,000 Shares Acquired)

Thursday, 27 Aug 2009
5:15PM Wiserite Sdn. Bhd. (18,000 Shares Acquired)
5:15PM Ng Kweng Chong (18,000 Shares Acquired)
5:15PM Malaysian Technology Development Corporation Sdn. Bhd. (18,000 Shares Acquired)
5:15PM General Produce Agency Sdn Berhad (18,000 Shares Acquired)
5:15PM Ng Kok Khuan (18,000 Shares Acquired)
5:15PM Ng Kweng Chong Holdings Sendirian Berhad (18,000 Shares Acquired)
5:15PM Ng Kweng Chong (18,000 Shares Acquired)
5:15PM Gooi Mei Hoon (18,000 Shares Acquired)

ENG and Kossan

ENG and Kossan come into the game now.


ENG - after correction for 2-3weeeks, it starts to move higher. Waiting for profit taking time to come.


KOSSAN - ~5% return from my first time recommendation, technically no problem to move higher. Sure win stock...

KKB

The longer KKB stay in the range of RM2.35-2.40, the higher the chance for it to go higher. From chart, it can tell another 2-3 weeks, the golden cross will happen. Be patient.

KKB and Dialog

KKB has been staying quiet for few days. Action to be taken, wait for the price pushing up, or increase shares if the price falling.

Dialog - Technical outlook for Dialog shows uptrend is confirmed.

KKB - moving up soon

Let see how far this stock will go. Technically, there is no problem for the stock move higher as for now. It has been moving sideway for some times. It is time to continue the rally.

MLAB - done deal for now

Today climb up to higher 0.235 with big volume and it is good profit taking strategic. Run away from the stock now. Next will be sideway trade, hard to get profit. KIV for next few weeks.

Right Timing is important

A good entry and exit timing are important in Stock market investment. It is to determine a success of a trade and know how to cut loss when prediction is not realized. This is the reason why peoples like to learn up technical analysis as it has the advantage of visualizing price movement.

A strong fundamental stock will go downhill when it is overbought or penny stocks will fly when indicators are trigger buy signal. So, use your fund to maximize the profits when the market is good, to avoid money stuck in the market for long period.

Here is the basic TA training url from Hexun. Let me know if you have problem to view it. I have a copy of it. Enjoy and happy trading.

http://wizard.stock.hexun.com/qtds/video/

Follow up on Kossan and Astro

Kossan's rally will conitnue, the chart signal trending up and up.

While for Astro, might see some resistance to further push up at the moment, should go for few days adjustment before it can further going up. Any pull back, will be good entry point.

Speculation Stocks

MLAB - currently TA outlook is trending buy, fulfilling the basic requirement. However, this stock don't have promising financial result. I list here just to record my analysis.

JADI - Another potential good stock that climbs up slowly.

Stocks to watch up

TA for Kossan and Astro are trending buy for this week.

Support for Kossan - 3.90

Support for Astro - 3.30

TA outlook for BKOON

BKOON has no trading volume today. This is purely speculation stock based on TA chart. Let see what will happen next for BKOON.

BKOON

From TA chart study, BKOON is trending higher and potential to hit the record high. Anyway, there is no good financial performance to support this. It could be a price surge in short term with medium risk and high return.

Current resistance is at 0.34, strong support at 0.30.

ENG 8826

One of the good selection stock for short to mid term investment. From TA point of view, the stock has no doubt to move higher. Indicators are showing strong movement now.

Furthermore, the strong financial result reported recently really impressive. Total net profit of RM11.4 million for Q2'09 ended 30/6/2009. ENG has announced First Interim Tax Exempt Dividend of 3%.

營業額首破10億令吉‧戴樂全年淨利增長22%

（吉隆坡）歸功於海內外特殊產品和服務業務表現亮眼，推動戴樂集團（DIALOG,7277,主板貿服組）截至2009年6月30日止財政年，淨利較前期的7557萬7000令吉成長21.98%至9218萬6000令吉。

第4季淨利3049萬

營業額首度突破10億令吉關口，為11億零425萬8000令吉，較前期的7億9050萬7000令吉上漲39.7%。

單季而言，戴樂集團第4季淨利在特殊產品與服務、工廠維修和轉化管理（Catalyst handling）業務帶領下成長86.42%至3049萬2000令吉，前期同季為1635萬7000令吉；營業額則從前期的1億8049萬2000令吉上漲98.2%至3億5770萬4000令吉。

派2.4仙終期股息

這間公司董事部建議派發每股2.4仙終期股息，令全年股息為3.6仙。
“排除任何不明朗因素，我們對截至2010年6月30日止財政年表現感到樂觀，主要是上述核心業務成功取得不俗的訂單數量。”

Dialog 7277

Dialog is in uptrend. Potential to break the recent high

Dgate's 1H net lose

Dgate posted 1H net lose of 19.780 Million. It will get hard pressure to push higher from fundamental point of view.

Dgate at risk of downtrend

After big jump to 0.23 with huge volume traded in a day, Dgate now is in the risk of moving down hill if the share continue to drop. Unless it can trade sideway for a period of time, there will a hope to rise again.

DGATE good rise today

Dgate go up to today with >15% gain. :)
Selling out all at 0.225 as the volume way to high. See how it go for next week...

Carotec and Dgate

Carotec support at 0.27 currently. Today morning up to 0.29 and close at 0.28 with moderate volume.

While for Dgate, support draw at 0.18, waiting for rally to come.

High potential but cheap stocks

Carotech and Dgate are currently on rising trend. The rally will come soon.

Bursa Announcement

On 3rd Auguest, there will some changes on the items below:

- Tick Size
- Trading Halt
- Unified Board

New Tick Size:

http://www.bursamalaysia.com/website/bm/trading/equities/minimum_bids.html#TickSize


New Trading Halt Rules:

The trading halt period for purposes of disseminating Material Announcements (MA) will be shorten from 1 trading session to 1 hour.

http://www.bursamalaysia.com/website/bm/trading/equities/trading_halt.html


Unified Board:

The merging of Main board and Second board into a single board for the established corporate as Main Board.

While current Mesdaq market will be renamed as ACE market.

http://www.bursamalaysia.com/website/bm/listed_companies/main_ace_market.html

Adjustment

It was time to clear out Gpacket stock today. The rally stop here, however the uptrend still intend. Wait for 1-2 weeks time to allow the adjustment happened. Continue to monitor it.

While for Comcorp, personally believe it will break the record high for this year.

Gpacket and Comcorp

Gpacket pulled back and moved up again today. Uptrend should be continue.

Comcorp finally moving north today as well. This is big win stock, up 16%. This stock will go higher if break recent high.

Comcorp

Good stock monitor, will go north anytime....

Gpacket up expected

Gpacket going up as expected... the uptrend will continue. Any adjustment is good entry point for now.

Pick of the day - Gpacket

Gpacket closes to turning point from down trend to up trend. If it can stand for 0.75 for another few days. Uptrend is confirmed.

FBM KLCI

Need to take note that the KLCI will change to FBM KLCI effectively on 6th July 2009. With the change, only 30 conuters are playing roles in the index now. Personally think that the change will be easier to control the index as compare to 100 counters. The recent rise might be not really reflect the actual movement of major counters. Just don't be too positive about the market index.