Wednesday, December 31, 2014

New Year 2015 Greetings



WISHING ALL SUBSCRIBERS AND FRIENDS


A HAPPY & BOUNTIFUL HARVEST


IN THE YEAR 2015







Wednesday, December 24, 2014

To all subscribers, buddies and friends..


Wishing all of you 


A Very Happy Merry Christmas!!!




Sunday, December 14, 2014

FBMKLCI(composite Index) ---heading to which direction???


The composite index is now in the normal corrective wave4 ...

It is now unfolding the minor corrective waves...the ssw

Ssw3 is expected to end at 1713 ...before the ssw4 (uptrending wave) takes over..

Ssw4 is expected to end at 1779....before the last minor wave...ssw5 (downtrending wave) kicks into action

Ssw5 is expected to end at around 1655...

The next BULLISH WAVE 5...WILL SCALE UP TO 1905(my personnal tp)

The above is just my2c opinion....Trade at your own risks...




Saturday, December 6, 2014

Qualities Of Good Traders ???


Bad Traders Versus Good Traders, the BIG DIFFERENCES


  1. Bad traders are very arrogant and opinionated on the future direction of the markets. The best traders I know are very flexible and just go with the flow.

  2. Bad traders love to give out unsolicited advice, question, and argue with others. Good traders just share what they are doing and let others ask questions if they want to.

  3. Bad traders are completely focused on being right all the time while the good traders are focused on trading the price action.

  4. Bad traders are obsessed with the future, good traders are obsessed with the present moment.

  5. Bad traders like to trade too big and good traders like to trade small.

  6. Bad traders look for a great stock pick while good traders look for a great trading system.

  7. Bad traders are usually very emotional while good traders are very logical.

  8. Bad traders are completely focused on the money they can make while good traders are concerned with the money they can lose.

  9. Bad traders trade their opinions, good traders trade the price action.

Friday, November 28, 2014

Crude Oil (10 years chart)



Every candlestick represent 1 month

The EW have completed the major 5 waves....and now into the major corrective phase(ABC)

The wave 5 is a failure....a truncated wave 5

More lower prices are expected from the corrective ABC

(The above is just my2c opinion....Trade at your own risks)

Saturday, November 22, 2014

OCNCASH (0049) ----A Roller Coaster Ride To More PROFITS !!!


The stock is now in the last uptrend impulsive wave...

A roller coaster ride....the lows are getting higher....L1,L2,L3,L4...a confirmed sign of an uptrend.

All members are riding this exciting roller coaster...now already in profit.....going for TP(more profits).This is the second round....enjoy the ride...

The above is just my2c opinion....Trade at your own risks.

JAG (0024) ----Riding The Wave For Another Profitable Trade ???


The stock is now unfolding its uptrend impulsive wave...

Bought at 0.19 on 4/11...

Resistance at 0.25 will be penetrated soon....towards our TP at ??? (best known to members only).

The above is just my2c opinion....Trade at your own risk.


Saturday, November 8, 2014

SEACERA (7073) ----Another Profitable Trade Done.


Riding the technical rebound wave for another handsome gains.

1st buy was at 1.07 on 9/10

2nd buy was at 0.965 on 20/10

Sold all at 1.15 for a nice profit..

( Again all my subscribers are a happy lot laughing all the way to the Bank).

p/s....there are many more profitable trades to come....where the waves can be explosive or corrective.

Thursday, November 6, 2014

KTB (4847) -----Another round of profitable trade.



Riding the waves again... for another handsome gains.

First round.... BUY at 0.275,/0.26 and 0.30....SOLD at 0.47

Second round... BUY at 0.315....SOLD at 0.445

( All my subscribers are again laughing all the way to the BANK)

p/s....all the buy/sell calls can be verified at chrissyconn forum at www.i3investor.com






Tuesday, October 21, 2014

Tuesday, October 14, 2014

FITTERS (9318) ---After Bonus issue


The chart is adjusted with the bonus issue...

W3 ended at 1.00..

W4 is now unfolding its corrections...

W5 is expected TP at 1.22 ( just a guide)...

Trade at your own risk.

( The above is just my2c opinion).


Monday, September 29, 2014

FARMBES (9776) ----Update...Another profitable trade in the making...



This is an update to my previous chart...

The chart is self explanatory...

All the buy calls are issued through emails to all my subscribers...including TP

Should the market weakens before reaching TP....a sell call will be issue to them....to take profits.

( For those interested to subscribe...please email me for details at...silkyhawk@gmail.com )

Thursday, September 18, 2014

FURNWEB,HOVID,FITTERS,PESONA.....Riding the WAVES for maximum PROFITS.



The following are just some of the many profitable counters recorded in my portfolio.

When to buy and sell to capture the profits are very important.

Having a proven time tested strategy is a must to this trading business.

All my subscribers are happily laughing all the way to the Bank.

*For those interested,please email me at....silkyhawk@gmail.com










Wednesday, September 3, 2014

PESONA (8311) ----Another successful trade???


Pesona is now in the impulsive wave5 now.

Strong support is pegged at 0.49

Resistance now turn support is at 0.595

Uptrend AB is the long term trend.

Uptrend line CD is the explosive wave5 in progress...

Bought at 0.61 on 31/7...TP is...better known to my subscribers...

( The above is just my opinion...Trade at your own risks.)

TAKE NOTE;

Have sold all at 0.925 on 8/9...exceeded the TP at 0.835

Saturday, August 30, 2014

MPAY (0156) ----Latest update.


The stock is still in the impulsive uptrend.

AB....represented the long term uptrend line.

CD....is the accelerated uptrend line.

Support is now pegged at 0.255....strong support is at 0.22

The resistance is at 0.32(R1)...and at 0.375(R2).

Target price remains the same as before...

My average price is now at 0.225 (the buying in...can be verified at Chrissyconn forum at www.i3investor.com)

Today sell down is due to poor market sentiments and contra traders...

Expecting the prices... should be climbing up soon...

( The above is just my2c opinion....Trade at your own risks...the final decision is still yours ).

Saturday, August 23, 2014

ECOFIRS (3557) ----Another Profitable Trade ???


The stock is now in the impulsive uptrend wave 5.

The uptrend line is represented by AB

The explosive accelerated uptrend line is at CD.

Strong support is now at 0.29.

Resistance now turn support is at 0.325.

Bought at 0.31....TP ??? ( best known to my subscribers )

( The above is just my2c opinion...Trade at your own risks )

Wednesday, August 20, 2014

LBALUM (9326) ----Another profitable trade.


The stock is now in the impulsive uptrend wave 5.

The uptrend line is represented by AB.

The accelerated explosive uptrend is represented by CD.

Strong support is now pegged at 0.735

Resistance turns support is at 0.775

After the breakthrough at 0.775...it is now in uncharted territory..

TP is at ???....( best known to my subscribers ).

( The above is just my2c opinion....Trade at your own risks )

Tuesday, August 12, 2014

DSONIC (5216) ---Update.


Dsonic corrections is coming to an end soon...

The next uptrend impulsive wave5 is at the horizon..

The lows are getting higher....a,b,c..

The bullish uptrend is very much intact...represented by AB.

The strong support is now at 1.80.

Resistance at 1.90 will turns into support soon...price is expected to move up after penetrating 1.90

Target price remains the same as before.

(The above is just my opinion...Trade at your own risks).

MPAY (0156) ---Update.


Mpay is now in the bullish impulsive wave3...

The uptrend is represented by AB....

The accelerated uptrend is denoted by CD..

Strong support is now pegged at...0.27..

Resistance is now at 0.32...expected to breaks through soon.

The target remained the same as before...

( The above is just my opinion...Trade at your own risks.)

Thursday, August 7, 2014

FURNWEB (7168) ----Riding the waves for profits.


The stock is now in the last uptrend bullish wave5.

Strong support is now pegged at....0.64

Resistance turn support is now at...0.70

Bought at...0.705...TP ( Best known to all my subscribers ).

( The above is just my2c opinion...Trade at your own risks )

TAKE NOTE ;

Have sold all on 22/8 at...0.88 ( target reached ).

Saturday, August 2, 2014

L&G ( 3174 ) ----Another Profitable Trade.


The stock is now in the last uptrend bullish wave 5.

The uptrend line is represented by AB.

The strong support is now at....0.545.

The resistance now turns support is at ...0.58.

Most of my subscribers have converted Lg la(0.415) to mother share(LG).

The TP....best known to them.

( The above is just my opinion......Trade at your own risks ).

Friday, August 1, 2014

FITTERS (9318) ----Another profitable trade ???


The stock is now in the last bullish uptrend wave 5.

The uptrend line is represented by AB...

Strong support is now pegged at 1.00(S).

Resistance at R1(1.05) was penetrated on 17/7 easily and R2(1.11) was broken through the next day...

The resistance turn support is now at 1.11.

All my subscribers bought in around 1.04....TP ??? ( Best known to them ).

( The above is just my2c opinion.....Trade at your own risks ).

TAKE NOTE;

Have sold all at 1.39 on 9/9.....Target reached.

Saturday, July 26, 2014


SELAMAT HARI RAYA
TO ALL MY MUSLIM SUBSCRIBERS

AND ALL MY NON MUSLIM FRIENDS & READERS
HAVE A LONG WONDERFUL HOLIDAYS


IDEAL ( 0081 ) ---Another ProfitableTrade in the Making ???


The counter is now in a very bullish phase...

The uptrend line is represented by AB...how far can this wave goes???

Strong support is pegged at...0.28...the resistance at 0.32 is now turning into support...

All my subscribers bought in around 0.32...TP ??? ( best known to them ).

( The above is my2c opinion....Trade at your own risks.)

TAKE NOTE (8/8/14...11.20AM)

Have sold all at average....0.535 for a profit gains of 67.18%


BREM (8761) ----Another profitable trade( Riding the waves ).


The stock is in a very bullish phase...wave 3.

The uptrend line is represented by AB...

The accelerated uptrend line is represented by CD...

The strong support is now pegged at...2.03....and resistance is at...2.13 is broken easily...

The stock is now in uncharted territory...how high it can go??

All my subscribers bought around 2.09....TP at ??? ( best known to them).

( The above is just my opinion...Trade at your own risks ).

Tuesday, July 22, 2014

TA (4898) ---Riding the wave for profits.


The stock is now in wave 5....an impulsive bullish wave.

All my subscribers bought around...0.83...TP ???

Strong support is now pegged at...0.80

Resistance at 0.865 was taken out easily...

The uptrend line is represented by AB..

The following uptrend line (CD) shooting up like a rocket...probably on M&A play..

TP ???.....how high can it goes??? (the TP is known to all my subscribers ).

( The above is just my2c opinion....Trade at your own risks...the final decision is still yours )

Monday, July 21, 2014

SONA ----LATEST NEWS.


Sona to ink SEBG deal end-July


SONA Petroleum Bhd expects to sign the sale and purchase agreement  to acquire a 66.7 per cent stake in Salamander Energy (Bualuang) Ltd (SEBG) for US$280 million (RM893 million) by the end of the month.
The acquisition will be a significant milestone for Sona as it takes its first step in becoming an independent upstream oil and gas (O&G) company.
Its vice-president for business development, Datuk Saw Choo Boon, said the company could not meet its June 26 target as it was still finalising details of the agreement with United Kingdom-listed Salamander Energy Plc.

“We are targeting to sign the agreement by the end of the month. We will then submit a proposal to the Securities Commission for approval. This is a good deal for Sona,” Saw told Business Times by telephone on Friday.
SEBG, a subsidiary of Salamander Energy, owns and operates the Bualuang oil field, which has five wells, in the Gulf of Thailand.
The acquisition of shares in SEBG will result in Sona, a special purpose acquisition company (SPAC), owning an effective working interest of 40 per cent in two O&G blocks close to the Bualuang field.
The blocks include an active oil field that has been in production since 2008.
This acquisition will generate positive cash flow for Sona and will allow the company to receive 40 per cent of the revenue.
For fiscal year 2013, Sona did not generate any revenue other than interest from fixed-deposit placements. Its pre-tax loss for the period was RM5.1 million.
SPACs are known as shell companies, as the entity has no business or asset during listing but uses proceeds from the initial public offering (IPO) to acquire assets in areas specified in the prospectus.
Under SPAC rules, the company must place 90 per cent of its IPO proceeds in a trust for the purpose of acquiring an asset within the first three years of listing.
Sona, one of the three listed SPACs in Malaysia, raised RM550 million from an IPO in July last year.   

SONA(5241) ---Latest News.

Business News





Published: Monday July 21, 2014 MYT 12:00:00 AM
Updated: Monday July 21, 2014 MYT 8:08:26 AM

Sona inks agreement to own Thai oil and gas assets

PETALING JAYA: More than a month after announcing a heads of agreement (HoA) on its qualifying asset, Sona Petroleum Bhd has finally inked a definite sale and purchase agreement (SPA) to buy a 40% stake in the Thai unit of UK-listed Salamander Energy Plc.
The next step is for the special purpose acquisition company (SPAC) to get the approvals from shareholders and the Securities Commission (SC) before it can graduate as a junior oil and gas (O&G) player.
As announced in June, the acquisition entails Sona buying into three asset classes in the oil and gas space.
They are an ongoing production field, a near-term development asset and an exploration asset in an area called the G4/50 concession.
The producing and near production assets are located in B8/38 concession in the Bualuang field while the exploration blocks are due for drilling soon.
Sources said the deal was signed last Friday in Amsterdam, the same day Sona sent out invites for an analyst briefing and press conference to be held today.
Sona shares, which had come under selling pressure in early June when the company announced its HoA with Salamader, had appreciated by some 10% since late last week, to close at 53.5 sen on Friday.
Oil and gas executives said it was common practice for global oil and gas deals to be inked in locations like Amsterdam where stamp duties were negligible.
Banking sources said the key aspects of Sona’s SPA were not too different from what was inked in the HoA.
Effectively Sona will be forking out close to RM900mil for a 40% interest in the B8/38 and G4/50 concessions in the Gulf of Thailand.
Half of that will be paid from Sona’s coffers and the other half from a debt facility from BNP Paribas that has already been firmed up.
Sources said two local banks were also keen to participate in the funding of this deal.
It is also understood that the SPA covered extensive explanations over the issue of control over the asset being acquired, which has been a challenge for all SPACs seeking to acquire producing assets.
“The parties are aware of this requirement and have inked out details of their joint management control, detailing how Sona has a strong say in key strategic, financial and operational decisions of the operating company. It is a tight management services agreement,” said a banker familiar with the deal, declining to give more details.
Apart from having a share in the holding company owning the O&G assets, the SC wants the SPACs to have substantial interest in the company running the operations of the assets.
In a note to clients last Friday, a local brokerage attributed a fair value for Sona’s shares of between 80 sen and 84 sen based on discounted cash flows of the company post its qualified acquisition of the Salamander asset.
The first SPAC to graduate as a junior energy and production player is Hibiscus Petroleum Bhd. Its area of focus is mainly in the O&G exploration assets.


Sunday, July 20, 2014

OSKPROP (6661) ---Riding the wave for nice profits.


The counter is now in a very impulsive bullish W3...

The lows are getting higher and higher...a,b,c,d,e...

The uptrending line is represented by XY...

Most of my subscribers bought in at around 1.70...my own TP is at... 2.21

The strong support is now pegged at 1.91 and resistance is at...2.08

This impulsive wave 3 will takes the price much higher...with the play on M&A going on now...

( The above is just my2c opinion....Trade at your own risks...and the final decision is still yours.)

TAKE NOTE : (12.42pm 23/7)

The counter gaps up in the morning....very bullish

The counter hv over shoot my TP1 at 2.21....now going for my TP2...???

TODAY : (1/8/14  6.24pm)....Have sold all at 2.27

HOVID (7213) ---Riding the wave for another profitable trade.


The counter is now in W5....an impulsive bullish wave.

The uptrend line is represented by XY...

All my subscribers are in at 0.38.....my own TP is at 0.465

Strong support is now pegged at 0.325...

Resistance is at 0.375...easily penetrated and now trending into uncharted territory...



( The above is just my2c opinion...Trade at your own risks and the final decision is still yours.)

TAKE NOTE :
TAKE NOTE :
Hv just sold all at 0.465... target reached ( 10.41am...23/7)

PJDEV WC (1945WC) -----Another profitable counter.


The counter is now in W5 ...an impulsive bullish wave.

The lows are getting higher...a,b,c,d....

The uptrend line is represented by XY...

Most of my subscribers bought in at 0.725....my own TP is at 1.08

Strong support is at 0.70.

Resistance at 0.82 is decisively broken through easily...

( The above is just my2c opinion....Trade at your own risks.The final decision is still yours.)

TAKE NOTE ( 8/8/14...11.25AM)

Have sold all at ...0.96 for a profit gains of...32.41%

Wednesday, July 9, 2014

INARI (0166) ----Another Profitable Trade--Riding the waves.


Inari is now in the bullish impulsive wave5.

Resistance at 2.88 was taken out easily...and now the stock is soaring into uncharted territory.

Support is now pegged at 2.58.

My own TP is at 3.62.

The buy call can be verified at Chrissyconn forum in klse.i3investor.com.

( All my Elite Club subscribers are riding the waves with me.....Trade at your own risks ).

BJAUTO (5248) ----Profitable trade by riding the waves.


This is an update to the previous chart :

The stock is in the impulsive wave 3...a very strong uptrend.

The resistance at 2.36 is broken through easily and now is climbing towards my personal TP1 at 2.57.

The support is pegged at S1(2.22),follow by strong support at S2(2.04).

The buy call(code name*cash automobile*) can be verified at Chrissyconn forum in klse.i3investor.com.

*The above is just my2c opinion....trade at your own risks*

(For those interested to subscribe to my Elite Club for more profitable trades...please email me at

silkyhawk@gmail.com.)

TAKE NOTE : ( 12/7/14)

Have sold all at 2.60...exceeding my TP 2.57 on Friday (11/7).

( the sell call can be verified at Chrissyconn forum)

Friday, July 4, 2014

KNM(7164) ---Update.


The stock is still very bullish.

The lows are getting higher....a,b,c,d.

The previous uptrend line is represented by XY.

The AB is the uptrend channel...price touches the the lower channel at *d* and rebounded...

My own TP is at 1.12....still very much intact from the previous chart.

R1 and R2 is taken out decisively and price is now moving up strongly...

Strong support is now at 0.72

( The above is just my2c opinion...trade at your own risks.)

TAKE NOTE: (5/7,1.17 pm).

With yesterday(4/7) closing at 0.965...*am expecting a price pullback in the sub waves* soon.

( 4/8/14...9.41am )...Have cleared all the remaining balance(stock) at 1.12...target reached.

Thursday, July 3, 2014

SILKHLD(5078) ---Riding the waves for profits.


The stock is still very bullish.

It is now in the impulsive Wave 3.

Just bought in  for the past 2 days at....1.07

My own TP calculation is at....1.64...there will be dips before reaching it.

The past buy/sell calls can be verified at Silkhld and Chrissyconn forum at i3investor.com.

( The above is just my2c opinion....Trade at your own risks and the final decision is still yours )

Friday, June 27, 2014

DSONIC(5216)----ON UPTREND ??


The stock is turning bullish now after consolidating from the high of 2.44.

The uptrend is represented by the line XY.

The lows are getting higher....A,B,C,D...

The strong support is at 1.90 follow by 1.70

The uptrend is on the impulsive wave5...with a target price at 2.87.

There will be dips before reaching it.

( The above is just my2c opinion...trade at your own risks)

Saturday, June 7, 2014

SONA(5241) ---Update.


The long term uptrend is still intact....represented by trend line XY.

The line Z1/Z2 is the accelerated uptrend before the unneccessary sell down.

The insitutions/funds support is at 100 ema and 200 ema.

The 2 days sell down was well done by the *big boys*...selling from left hand to right hand to create the

*FEAR*.This has a domino effect and the *herd's instinct* was triggered.All are rushing to the EXIT.

The support is now pegged at 0.515 and the next strong support is at 0.495.

I am expecting prices to move back up next week.

(The above is just my2c opinion....Trade at your own risks )


KTB(4847) ---Update.(Still bullish).


The uptrend is very much intact...represented by XY.

The lows are getting higher...A & B.

A bullish flag is formed...a bullish continuation pattern.

The strong support is at S1 0.245 follow by the next support at S2 0.215.

Resistance is at 0.30...this will be broken in due course.

Still looking at TP 0.495 for this impulsive wave 3...there will be dips before reaching it.

( The above is just my2c opinion....Trade at your own risks....)

Monday, June 2, 2014

FARMBES (9776) ---Update.



Due to poor market sentiments the stock drifts down to the lower channel line before rebounding strongly.

The underline uptrend is very much intact.

And with the following GOOD NEWS...it should continues its uptrend with vigour...

THE NEWS.

SHH (Malaysia) Holdings Sdn Bhd has proposed a reverse takeover deal worth RM380 million to Farm’s Best Bhd, according to the Edge Financial Daily citing unnamed sources.
Under the proposed reverse takeover deal, SHH (Malaysia) Holdings, which operates a poultry business in Shandong, China, will form a new company to undertake the corporate exercise to inject its poultry business into Farm’s Best Bhd for RM380 million. In return, the new company will be issued 760 million new shares at 50 sen each.
At the end of the exercise, Farm’s Best Bhd will delist and the new company will resume its listing status, with the poultry business consolidating with the new company.
A source was also quoted as saying that “SHH China’s revenue and profit are almost five times the size of Farm’s Best”.
SHH Malaysia Holdings Sdn Bhd was incorporated in November 2013, and is owned by three Chinese nationals, Zhu Zong Ying, Zheng Wendi, and Xu Mao Lei, with stakes of 75%, 22%, and 3% respectively.
Also noted was that SHH Malaysia Holdings Sdn Bhd holds 100% equity interest in SHH Holdings Pte Ltd based in Singapore, which in turn holds a 100% stake in Shandong Hua Hui Food Ltd in China, which breeds parent chickens, incubates broilers, breeds meat chickens for in-house usage, and processes poultry chicken meat as its primary business activities.
On the 20th of January 2014, Farm’s Best Bhd had entered a Heads of Agreement with Zhu and Zheng, which would reduce the listed company’s par value to 50 sen from RM1, which will in turn reduce its share capital to RM30.54 million from its current RM61.08 million. However, this will merge the “technical, management, marketing and development resources to derive economies of scale” in their operations, as well as allowing Farm’s Best Bhd to “expand its customer base and have access to a greater People’s Republic of China market” through the SHH group.
Also noted was that the merger would propel Farm’s Best Bhd “into a global poultry player”, and will fully utilise Farm’s Best Bhd’s existing poultry processing plant which is currently under-utilised to export processed and further processed chicken products.
The listed company had recorded lower revenue and profit for its recently-ended first quarter for 2014, with revenue falling to RM114.45 million from 1Q13’s RM116.41 million, and profit fell to RM336 000 from 1Q13’s RM407 000.
Farm’s Best Bhd’s shares are currently valued at 63.5 sen, up 1.5 sen

SONA (5241) ---Bullish now??


The strong support for this stock is at...0.53

The resistance at 0.62 will be broken soon...

TP is at...0.83/1.01.

It is now in the impulsive wave 3...very bullish.

( the above is just my2c opinion...trade at your own risks)

P/S...all my subscribers (Elite Club) got in earlier at around 0.585...for a nice profitable trade.


Sunday, May 25, 2014

MPCORP (6548) ----Downtrending???


The final upleg done and over for this stock was on 10/4/14.

Soon after...it is unfolding the downtrend corrective waves ABC.

Expecting prices to move lower...the support at S1 0.44 will be broken down soon.

The next strong support is at S2 0.39.

(the above is just my2c opinion...trade at your own risks)

PMCORP (4081) ---Trending sideway.


The stock is in stage 1 of a stock cycle(hibernating mode).

Prices need to break out of the box at R1 0.245 and finally at R2 0.26 with volume to consider it to be

bullish.

For long term investor...maybe now is a good time to accumulate...

For short term trader...maybe to consider when it breaks above 0.26 with volume.

( the above is my2c opinion...trade at your own risks ).

Thursday, May 15, 2014

KTB (4847) ----Bullish Trend to continue...


The stock have a nice run up from 21/3 and culminating on 2/5..at the highest 0.32.

The pullback(correction) is now over...and prices are climbing up now( the impulsive wave 3)

More positive upwards price action is expected as from now.

The SUPPORT is now pegged at...0.215....RES at...0.30

The TP is calculated at 0.495...there will be dips before reaching it.

The resistance will be taken out very soon...

( The above is just my2c opinion.....TRADE AT YOUR OWN RISKS)

Saturday, May 10, 2014

SILKHLD (5078) ----Bullish stock.



The strong support is now pegged at 0.61.

My own calculation of the TP is at 1.25 (there will be dips before reaching it).

Yesterday run up and breaking the resistance at 0.76 easily signified a bullish move...more positive price

action is expected from now.It is now in the impulsive bullish wave3.

This bullish move was confirmed with the latest news...the private placement of 6.2% to an *investor*.

1)The Placement Shares are not priced at more than 10% discount to the
weighted average market price (“WAMP”) of SHB Shares for the 5 market
days immediately before the Price-Fixing Date;

2)The Proposed Private Placement, which is expected to be completed before the end of the 3rd quarter of 2014.

*My 2c opinion is that prices will go up before the announcement of the Price-Fixing Date evidently by the way that the shares are being sapu in the open market.*


(I am bullish on this stock...my2c opinion....trade at your own risks.)

THE NEWS:

SILK HOLDINGS BERHAD (5078, SILKHLD)

DateMay 09 2014 TypeGeneral Announcement Ref No.MI-140509-68643

Type
:
Announcement
Subject
:
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description
:
SILK HOLDINGS BERHAD (“SHB” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 30,000,000 NEW ORDINARY SHARES OF RM0.25 EACH IN SHB (“PLACEMENT SHARE(S)”), REPRESENTING UP TO APPROXIMATELY 6.2% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SHB (“PROPOSED PRIVATE PLACEMENT”)


Announcement Details/Table Section :




On behalf of the Board of Directors of SHB, AFFIN Investment Bank Berhad wishes to announce that the Company proposes to undertake a private placement of up to 30,000,000 new ordinary shares of RM0.25 each in SHB representing up to approximately 6.2% of the issued and paid-up share capital of SHB.

Kindly refer to the attachment for further details on the above Proposed Private Placement.


This announcement is dated 9 May 2014.

Thursday, May 1, 2014

GHLSYS (0021) Update.


The stock now is about to move up again after closing near the Support at 0.81.

The selling pressure is drying up now...since started on 16/4...confirmed by lower volume traded.

The last closed was a spinning top with higher volume than the previous two days is of very importance.

The next few days closing above 0.85 will confirm the start of the next upleg...

The 1st support is at 0.81 and the 2nd support is at 0.685...Res at 0.915

The stock is NOW still in W5...the impulsive wave.

( the above is just my2c....trade at your own risks ).


SYMPHNY (0016) ---Update.


First mention on this stock was on 10/4....a speculative trade.

Since after the 11/4...the stock starts to drift lower and lower and the volume traded is diminishing.

The downtrend is not over yet...hopefully can find support at 0.20.Failing that it would try to close the gap.

Before the gap up, the counter was at the range of 0.105~0.14(A) for more than a year.

The gap up(B) (the work of a stock operator in action) is now over.

C denotes the downtrend in progress....those who heeds my2c opinion would have got out at 0.27 earlier.


( The above is my2c....the final decision is still yours...trade at your own risks)





Sunday, April 27, 2014

FARMBES (9776) ---Profitable trade.


FARMBES is very bullish now.

The lows...a,b,c are getting higher...

The highs ..D,E,F are getting higher...

The support now is at 0.73...res is at 0.78...

The stock will breaks this res 0.78 soon...and climbing higher..

TP is at 0.85

Getting in now...is still profitable...

( the above is just my2c....Trade at your own risks.)

Thursday, April 24, 2014

IRIS (0010) ---In Correction Mode.


Iris have a very nice run up from a low of  0.165 to the highest at 0.63.

It is now in a downtrending mode...waves abc correction.

Expecting a short rebound to 0.555 before resuming its downtrend towards 0.39.

( the above is just my2c opinion....Trade at your own risks ).

Wednesday, April 23, 2014

KNM (7164) Update.


KNM uptrend is still intact...the w3sw5 is on the horizon now.

The uptrend line is represented by  XY.

The lows....a,b,c,d...are moving higher.

The highs...E,F,G....are getting higher.

Strong support is at...0.825....res is at 0.915.

The TP 1.12 is the immediate target.

I am bullish on this stock....Trade at your own risks....

( the above is just my2c opinion ).

Saturday, April 19, 2014

MPAY (0156) ---Bullish trend to continue!!!



Mpay is now in an uptrend( the impulsive W3).

Strong support is pegged at 0.275.

Immediate TP1 is at 0.45.....TP2 is at 0.565

Expecting explosive price action in the coming week....getting in now is profitable...

( the above is just my2c opinion....Trade at your own risks )