Support : $41.5, $39.73
Resistance: $44.42, $45.75, $48.42
Sunday, 17 July 2011
NASDAQ- Altera Corp rebounce from support?
Support : $41.5, $39.73
Resistance: $44.42, $45.75, $48.42
TRC sideway again?
Inverted hammer formed last friday most likely will lead the TRC to continue sideway next week, price fluctuating around 0.68-0.755.
Entry price: 0.76
Take profit: 0.815, 0.855
Cut loss: 0.71
Entry price: 0.76
Take profit: 0.815, 0.855
Cut loss: 0.71
Saturday, 16 July 2011
Analyze on XDL Fundamental performance
How investor pick stock base on PE?
For instance, stock A and stock B are in the same business field, both financial fundamental look similar, stock A trade at PE=10 whereas stock B trade at PE=15. Obviously, investor preferable to pick stock A as it is consider relatively cheap.
How we can determine a company is well managed?
For a well managed company, its annual ROE is ~25% and ROA is ~15%. In this case, XDL annual ROE=34.03% and ROA= 24.37%.
Annual ROE=Annual profit / (Asset-Liabilities) ;
Annual ROA= Annual profit/ Asset;
How we know a company is holding enough cash?
A strong fundamental company current ratio should be less than 5. In this case, XDL current ratio is ~1 and it is consider good.
How earning per share(EPS) affect the stock price?
PE=Current stock price/ EPS;
Assume the XDL PE is trade at 1.765. Year 2010 EPS=0.1983.
Current stock price= 1.765 x 0.1983 = 0.35.
If Year 2011 projected EPS is 0.25, stock fair price= 0.44.
2011 Q1 EPS=0.0431, XDL need to work hard in Q2,Q3,Q4 to gain 0.2069 to make annual EPS=0.25.
Would XDL archive it?
Please leave some comment if you have any insider news about XDL or anything about XDL.
Friday, 15 July 2011
WCT rebounce from support 3.08 (Stock to watch on 18 July)
Entry price: RM3.17
ADX: Bullish momentum weak
MACD: 4R1G, bull almost kissing with bear from below (Bullish)
RSI and STO start to rebounce, bullish.
ADX: Bullish momentum weak
MACD: 4R1G, bull almost kissing with bear from below (Bullish)
RSI and STO start to rebounce, bullish.
Kurasia hit our take profit price
Kurasia high 0.57. Our take profit price at RM0.56
Sold off half at 0.56 to secure the profit. Next take profit price at 0.58 and 0.60. New cut loss at 0.50. If you would like to maximize the profit from this counter, you may use Trail Stop Loss Method
Sold off half at 0.56 to secure the profit. Next take profit price at 0.58 and 0.60. New cut loss at 0.50. If you would like to maximize the profit from this counter, you may use Trail Stop Loss Method
AirAsia-ANA tie-up likely
How you can make huge profit in Airasia? Maximize profit using trail stop loss technique
PETALING JAYA: AirAsia is likely to have a joint venture with Japan's largest carrier - All Nippon Airways (ANA) - to set up a low cost airline likely to be called AirAsia Japan.
An announcement on the collaboration is expected to be made next week and it would involve the setting up of a low cost carrier (LCC) and a hub in Japan by AirAsia. The LCC will serve the domestic market and eventually regional markets, sources say.
Like its other joint ventures in Indonesia, Thailand, the Philippines and Vietnam, AirAsia will partner ANA, which may lead in equity share holding but operationally, the Malaysian carrier will be in the driver's seat.
Whether this JV will involve ANA's recently launched low cost unit, Peach Aviation, is not clear.
Peach, which is said to have received its Air Operators' Certificate from the country's Civil Aviation Bureau is owned by ANA in partnership with Hong Kong's First Eastern Investment Group and Japan's Innovative Network. All three parties own a 33.3% each in Peach.
Peach is supposed to operate in March next year from Kansai International Airport and AirAsia Japan probably will operate from either Tokyo or even Fukukoa.
There are plenty of choices for AirAsia to operate from including Fukukoa Osaka, Sapporo, Haneda and even Kansai.
Narita Airport, based in Tokyo, is the busiest airport in Japan and last year it said it would open a terminal exclusively for low-cost airlines in a bid to grab a larger slice of the increasingly competitive Asian tourism market.
For AirAsia which is still in expansion mode, the JV bodes well in terms of reach and connectivity. Even though AirAsia's sister airline, AirAsia X flies to Tokyo via Haneda, a hub gives the airline exposure to a new market, traffic and connectivity that enlarges its route network.
This venture will eventually translate to additional revenues for AirAsia in the longer term.
AirAsia joint venture in the Philippines is set to take off in October this year from Clark. Both ThaiAirAsia and IndoAirAsia have grown in size to become candidates for initial public offerings.
ANA is the eighth largest airline in the world by revenues and the largest in Japan by passenger numbers. Founded in 1952, it flies to 76 domestic and international cities in a fleet of 228 aircraft serving a network of 164 routes.
ANA has 33,000 employees and operates more than 1,000 flights a day. In 2009, it carried 44 million passengers.
ANA has been a core member of Star Alliance since 1999. It has a 47% share in Japan's domestic passenger services market.
ANA's rival is Japan Airlines (JAL) which is also in talks with Qantas to set up its own low cost airline. JAL is a member of oneworld and ANA has a code share arrangement with Malaysia Airlines.
ANA will also be launching the world's newest and most advanced passenger aircraft - the Boeing 787 Dreamliner this year.
PETALING JAYA: AirAsia is likely to have a joint venture with Japan's largest carrier - All Nippon Airways (ANA) - to set up a low cost airline likely to be called AirAsia Japan.
An announcement on the collaboration is expected to be made next week and it would involve the setting up of a low cost carrier (LCC) and a hub in Japan by AirAsia. The LCC will serve the domestic market and eventually regional markets, sources say.
Like its other joint ventures in Indonesia, Thailand, the Philippines and Vietnam, AirAsia will partner ANA, which may lead in equity share holding but operationally, the Malaysian carrier will be in the driver's seat.
Whether this JV will involve ANA's recently launched low cost unit, Peach Aviation, is not clear.
Peach is supposed to operate in March next year from Kansai International Airport and AirAsia Japan probably will operate from either Tokyo or even Fukukoa.
There are plenty of choices for AirAsia to operate from including Fukukoa Osaka, Sapporo, Haneda and even Kansai.
Narita Airport, based in Tokyo, is the busiest airport in Japan and last year it said it would open a terminal exclusively for low-cost airlines in a bid to grab a larger slice of the increasingly competitive Asian tourism market.
For AirAsia which is still in expansion mode, the JV bodes well in terms of reach and connectivity. Even though AirAsia's sister airline, AirAsia X flies to Tokyo via Haneda, a hub gives the airline exposure to a new market, traffic and connectivity that enlarges its route network.
This venture will eventually translate to additional revenues for AirAsia in the longer term.
AirAsia joint venture in the Philippines is set to take off in October this year from Clark. Both ThaiAirAsia and IndoAirAsia have grown in size to become candidates for initial public offerings.
ANA is the eighth largest airline in the world by revenues and the largest in Japan by passenger numbers. Founded in 1952, it flies to 76 domestic and international cities in a fleet of 228 aircraft serving a network of 164 routes.
ANA has 33,000 employees and operates more than 1,000 flights a day. In 2009, it carried 44 million passengers.
ANA has been a core member of Star Alliance since 1999. It has a 47% share in Japan's domestic passenger services market.
ANA's rival is Japan Airlines (JAL) which is also in talks with Qantas to set up its own low cost airline. JAL is a member of oneworld and ANA has a code share arrangement with Malaysia Airlines.
ANA will also be launching the world's newest and most advanced passenger aircraft - the Boeing 787 Dreamliner this year.
Thursday, 14 July 2011
Boring with MRCB
ADX signal shows MRCB will go sideway. MACD undetermine, waiting for 4R1G. RSI and STO bearish, if broke below 50%, it is not good. Cut loss at 2.24
Kurasia sideway
Kurasia reach its 20dMA support, will it further dive down or rebounce? ADX, MACD, RSI and STO show bearish signal.Volume distribution show strong buy force by small fish (not a very strong bullish sign). Remember to cut loss if drop to 0.48
Can we fly again with Airasia?
I believe Airasia can fly,do you? All signal are intact except volume distribution show high selling pressure. perhaps it is intraday profit taking. Hold airasia and let ride the bull togather.
Efficen bullish again?
We have bought this counter as it hit our entry price at 0.24. Candlestick form white hammer and rebounce from 20dMA, bullish sign. ADX shows bullish start to pick up its momentum. MACD, 4R1G,bullish sign. RSI rebounce from 50%, bullish. STO, bullish kiss with bearish with K line slightly above 50%, bullish. volume distribution shows high sell pressure, bearish. Conclusion, 5 bulls 1 bear.
Kinstel near cut loss
Please closely monitor Kinstel tomorrow. Cut loss if drop below 0.70. All indicators are bearish signal, not a good sign. Volume distribution also bearish.
Wednesday, 13 July 2011
14 July stock to watch
KULIM, 2 white candles after double doji, indicating bullish signal. ADX is flat indicate that price correction is happening. MACD waiting for bull to cross bear from below, undetermine now. RSI and STO showing bullish signal. Volume distribution showing great buy force, bullish!
Entry price: 3.61
Take profit: 3.66,3.83
Cut loss: 3.53
Take profit: 3.66,3.83
Cut loss: 3.53
WCT sideway or break out or breakdown?
WCT form doji today, meaning need next trading day for confirmation whether it is up or down. it form doji close at support level, perhaps it'll gain it momentum and shoot up tomorrow. ADX signal cross 20 from below indicating new trend is forming. RSI showing bullish signal while MACD and STO show bearish. From volume distribution, it is obvious that selling pressure from big shark is high especially near trading session close today.
We remain our support at 3.08 and cut loss at 3.06.
We remain our support at 3.08 and cut loss at 3.06.
TRC downtrend or sideway?
Anyone lock the Airasia today?
Airasia hit our entry price today. Anyone manage to buy it? It is closing at our entry price, let's hope airasia fly high! Everyone can fly!
Technically, Airasia is nice. As you can see, the white candle today is supported with high volume (Bullish). Furthermore, the ADX start to cross above 40 indicating the uptrend momentum become stronger. MACD look good today, 4R1G indicating bullish. Both RSI and STO signal look good (bullish). Please sell half when the price hit RM3.65, and the balance aim for RM3.84. Airasia support is at 3.50 and our cut loss is at 3.42 (2 pips below previous higher low closing).
Tuesday, 12 July 2011
Global Market News
China will announce their 2Q GDP..
If meet expectation, Asian Stock will rise
If does not meet, another glory win for the Bears with extra punch..
So stay tune for 10.30am forecast
http://www.dailyfx.com/calendar (LIVE)
FBMKLCI Slump, Who Chase Away Bull?
World stocks slump on renewed EU debt concerns. Most of the investors concern that the eurozone's debt crisis could infect Italy and Spain and subsequently it sent global stocks spiraling downward recently while markets were still reeling from last week's dismal jobs report in the U.S. As the market tensions grew, eurozone officials were meeting Monday to figure out how to get banks to participate in the next rescue of Greece. Those negotiations have been plagued by threats from ratings agencies that they would consider a bank rollover of Greek debt a default. To be on the save side, the big players are cash out from the stock market and invest in gold. This is the reason gold price rose sharply to $1549.2 per ounce.
Please visit me again as I'll update from time to time. Bookmark this http://xtrader188.blogspot.com/ for easy access. Hope you find my info useful!
Monday, 11 July 2011
MAS down trend again
ADX: Bullish momentum slow down and kiss with bearish ==Bearish
MACD: Bearish almost kissing with bullish (waiting for 4R1G) ==undetermine
RSI: Above 50% ==Bullish
Sto: Bearish cross over bullish with signal line broke below 50% ==Bearish
Conclusion: 1 Bull 3 Bear. Bear win.
Kinstel retrace
Sunday, 10 July 2011
How to Trail a Stop Loss and Maximize the profit
Have you ever come across the situation where after selling a stock, the stock price continue to going up and you certainly regret to selling off too early. I believe most of the stock traders do experience the same situation and the question is how many of them learn from the mistake. Well, I found this clip very useful which is about how to trail a stop loss and this certainly will help to maximize your profit. Enjoy!
UOB Kay Hian FV for MRCB at RM3.02
11 July (1st half trading session)
Open: RM2.32
Close: RM2.31
Volume: 8,470 lots
Sell pressure higher than buy forceKUALA LUMPUR: UOB Kay Hian Malaysia Research is maintaining a Buy on MALAYSIAN RESOURCES CORP [] Bhd (MRCB) at RM2.32 and has a fair value of RM3.02 as it expects MRCB to benefit from more redevelopment projects.
It said on Monday, July 11 MRCB’s share price has crept up with volume last week, from RM2.21 to RM2.32.
“We continue to expect more positive newsflow in 2H11 for MRCB, particularly on the redevelopment of the Rubber Research Institute land in Sungai Buloh (GDV: RM10 billion), “River of Life” project worth RM3 billion for phase 1 and also more sizeable land deals in Selangor, which will allow them to develop at least RM4 billion to RM5 billion of GDV in the future.
UOB Kay Hian Malaysia Research said if successful, the acquisition would lift its total GDV to a whopping RM12b. We maintain BUY with a RNAV-based share price of RM3.02.
TRC break above bull flag
TP: 1.97, 2.07
CL:1.73
RR:0.85, 1.62
Resistance: 1.99, 2.09
Support: 1.75
Trend: Uptrend (The counter still fluctuate within 1.7-1.84 channel)
Candlestick: Bull Flag form last week and Doji form on 8 July (undetermine). Next trading day needed to confirm the bull. If hit our entry price, it will continue bull, else sideway.
ADX: Bullish with good momentum
MACD: Bullish crossover bearish
RSI: 50% (Bullish)
STO:Bullish crossover bearish (bullish)
Volume distribution: Sell pressure higher than buy force (bearish)
Conclusion: 5 bulls 1 bear . Bull win.
Will Airasia continue to bull?
Profit taking: 3.65,3.84
Cut loss: 3.35
Resistance: 3.67, 3.86
Support: 3.37
Trend: Uptrend (Bullish)
Form higher high (Bullish)
ADX: Nearly cross above 40 from below, good momentum (Bullish)
MACD: kissing and waiting for 4R1G, this will be critical turnover point (Undetermine)
RSI: Retrace toward 70%. Bull if rebounce, berish if break below
Sto: Bearish crossover and broke below 80% (Bearish)
Candle Stick - Hammer on support 3.37(Undetermined ) Waiting for next day signal. If White candle and goes up it will be bullish
Conclusion: 3 Bulls 2 Bear. Bull win
Saturday, 9 July 2011
Technically it is very nice now
TP: 2.31, 2.37,2.43
CL: 2.13
RR:0.5,1,1.5
Resistance: 2.33, 2.39,2.45
Support: 2.18, 2.15
ADX: waiting to cross above 20 from below. If this happen, new trend forming is confirmed.
MACD: 4R1G (Bullish)
RSI: 50% Bullish
Sto: Bullish cross over bearish
Volume distribution: Selling pressure high at the end of trading session by big shark. Bull win at trending end.
Conclusion: 5 Bulls 1 undetermine
This is good counter to pick. Please join forum to view YTLPOWR fundamental analysis and news related to YTLPOWR.
Bersih 2.0要求不能失焦
净选盟2.0倡导:
全面清理选举名册、
改善邮寄选举程序、
实施点墨制、
至少21天竞选期、
政党公平在媒体曝光、
加强选举法令执法、
消除贿选、
停止龌龊政治
709 集会为大马的人权演进，写下光辉的一页。为那些站在前线的人们，深深致敬。
- Speak the truth even if your voice shakes
- I did rather they blind me with tear gas than I blind myself with fear
- You need not promise her the world just give her a future
- People should not be afraid, government should be afraid of their people
Will Bersih 2.0 affect 11 July Gadang Bull rally?
Entry Price: 0.72
TP: 0.735, 0.76, 0.8
CL:0.67
RR: 0.3, 0.8, 1.6
Resistance: 0.74, 0.765, 0.805
Support:0.675
Candlestick: double doji and white candle with short lower shadow (Bullish)
ADX: Below 20 indicate side way
MACD: 4R1G (Bullish)
RSI:Above 50% (Bullish)
STO: Touch 80% bullish
Friday, 8 July 2011
Will KEURO continue bull or bear?
If ADX cross 40 from below it will be super bull, if it cross below 20 from above it will be side way trading. Besides we need the confirmation from next day trading,if it hit our entry price with high volume (above 1.14M) the bull most likely will continue.
Entry Price: 1.18
TP: 1.22,1.27, 1.35
CL: 1.1
RR:0.5,1.1
Resistance: 1.23, 1.28,1.36
Support: 1.12
Candlestick: Bearish (In an uptrend or within a bounce of a downtrend, a sharp intraday sell-off is followed by a reversal which causes the stock to close at its opening price near the day's high. Although the stock recovers from its intraday sell-off, it suggests the bulls are starting to lose strength, and a reversal may occur. A weak following day on solid volume is still needed to confirm the pattern. )
ADX: Bearish
MACD: Bullish
RSI: Touch 50% Bullish
STO: Above 80%(Oscillator makes it easy to identify overbought and oversold levels. The oscillator ranges from zero to one hundred. No matter how fast a security advances or declines, the Stochastic Oscillator will always fluctuate within this range. Traditional settings use 80 as the overbought threshold and 20 as the oversold threshold. These levels can be adjusted to suit analytical needs and security characteristics. Readings above 80 for the 14-day Stochastic Oscillator would indicate that the underlying security was trading near the top of its 14-day high-low range. Readings below 20 occur when a security is trading at the low end of its high-low range.)
FBMKLCI
ADX, MACD,RSI, STO signal look superb bull. If bull continue next week, KLCI will test weak resistance at 1598 and major resistance at 1605. Its support at 1582, if break below next support will be 1568.
KINSTEL(5060)
KURASIA (5097)
The Average Directional Index (ADX) indicator depicts the strength of a trend, and does not differentiate between an uptrend or a downtrend. ADX indicator values above 40 indicate a strong trend, while ADX values below 20 indicate a sideways trading range.
An ADX move below 40 from above indicates a trend slowing down. An ADX move above 20 from below indicates a new trend forming.
WCT (9679)
Research done by CIMB
Target Price: RM4.15
WCT is well positioned for the construction boom and is a main beneficiary of the Economic Transformation Programme (ETP). The construction firm still has an edge in open tenders as it remains one of the efficient contractors and boasts a strong track record. Local project flows this year are likely to be as good as last year for WCT. It is targeting RM2bil worth of new jobs this year, backed by the ETP and 10th Malaysia Plan. WCT has also pre-qualified for the RM10bil- RM11bil mass rapid transit elevated works. Despite the Middle East tensions, we remain optimistic about the group's prospects in the Gulf region, especially in Qatar and Abu Dhabi. Factors that could trigger a re-rating (on its Outperform rating) include projects wins and ebbing Middle East concerns.
Risk: The risk entailed would be any delays to the implementation of the ETP. CIMB Investment Bank Bhd head of research Terence Wong
Maybank research
(July 7, RM3.15)
Maintain buy at RM3.12 with target price of RM3.75: WCT’s 2011 job win target remains at RM2 billion riding on a sizeable RM10 billion tender book. This will provide the lift to its RM3.4 billion outstanding order book. We retain our forecast for a 31% growth in 2011 net profit supported by strong property sales, completion of the 1Medini earthworks and good progress at the Qatar government building works. Our target price pegs the stock to sum-of-parts (15 times 2012 price-earnings ratio plus 20 sen value enhancement for the KLIA2 retail concession).
Our optimism is based on an existing RM10 billion tender book of which 65% is in the Middle East and the rest in Malaysia. The former includes potential works in Abu Dhabi and Saudi Arabia. Domestic jobs include a government building job and the LRT Package B in which WCT has participated in the tender. The award for one of two lines (Kelana Jaya) is expected soon while the other (Ampang) at end-3Q or early-4Q.
WCT has also participated in the contractors pre-qualification for the Klang Valley MRT (Sg Buloh-Kajang line) elevated structure works, which closed on April 13. Despite more than 70 contractors having participated, we are positive on WCT being pre-qualified. The elevated structure, spanning an estimated 41.5km, offers a revised works value of RM12 billion to RM13 billion, we understand. The call for tender is expected in July, and work awards towards end-2011.
Locked-in sales for the quarter were at least RM20 million as at mid-June, against RM100 million in 1Q11. The relatively slow sales are believed to be seasonal, with target launches for 2011 staying at RM400 million and target sales at RM300 million. 1Medini condominium (gross development value raised to RM700 million from RM600 million) is still on track for its maiden launch in September. Unbilled sales of RM264 million (73% at Bandar Parklands, 27% in Sabah) should provide for stronger property earnings ahead. The terms are still being finalised with financing issues being sorted out.
WCT has a 70% stake in the concession, together with Malaysia Airports (30%). We derive a preliminary 9% concession internal rate of return based on RM520 million project cost and RM10 per sq ft rental income per month. Our preliminary estimate is a 20 sen per share value enhancement for WCT. — Maybank IB Research, July 7
MITRA (9571)
MAS (3786)
Subscribe to:
Posts (Atom)