Milo's TA discussion and sharing thread

[Milo-Dino]

why bull olam when olam is exhibiting a Bollinger band breakdown of prior trend with high volume? history repeated twice already

Fyi, it was breaking up out of bollinger band during the session. It drop so much due to the STI component rebalancing.

Anyway you are a chartist right? I remember yellowpen shooting you previously. Lol

 

[Sinkie]

Fyi, it was breaking up out of bollinger band during the session. It drop so much due to the STI component rebalancing.

Anyway you are a chartist right? I remember yellowpen shooting you previously. Lol

Wish yellow pen is here too

 

[zip113]

Fyi, it was breaking up out of bollinger band during the session. It drop so much due to the STI component rebalancing.

Anyway you are a chartist right? I remember yellowpen shooting you previously. Lol

quote first

 

[WLM_WLM]

Fyi, it was breaking up out of bollinger band during the session. It drop so much due to the STI component rebalancing.

Anyway you are a chartist right? I remember yellowpen shooting you previously. Lol

Hmm rebalancing... care to explain more? lol

 

[Sinkie]

Hmm rebalancing... care to explain more? lol

Thai bev coming in to replace ihh

Sti is a market cap weighted index, go find up both these counters market cap and then fit the replacement in yourself imagining you are also a fund manager that track your fund to sti etc

 

[remy3413]

15 billion market cap, that's big....

 

[WLM_WLM]

Thai bev coming in to replace ihh

Sti is a market cap weighted index, go find up both these counters market cap and then fit the replacement in yourself imagining you are also a fund manager that track your fund to sti etc

ohh icic..

 

[staedtler_07]

Care to share on Nam Cheong? Read that Petronas is going to buy OSV soon.

 

[champion09]

didn't see nam cheong for a while and already close to 30c stock sia..amusing

the previous breakout already exceed the fair value of 25c region...

 

[gensity]

close meh? been still since 0.25 for 6 months or 12 months liao..

 

[leozzz]

Hi anybody looking at china fishery?I read some reports the acquisition of Copeinca by them...could be catalyst?

 

[champion09]

close meh? been still since 0.25 for 6 months or 12 months liao..

I entered at the 0.16x range and took it to 0.19x range, cashed out and removed it from watchlist when it first hit 25c..felt it wasn't worth the risk re-entering.

guess those bunk boats contracts are worth more than they looked.

 

[champion09]

Hi anybody looking at china fishery?I read some reports the acquisition of Copeinca by them...could be catalyst?

54c is the next support since it crashed through the 60c support after breaking down from the double top formation.

Not vested, nv really interested in s-pennies. Not sure about the fundamental news also. another 4-5 candles of consolidation will confirm it this is the bottom for this drop.

just my 2 cents.

 

[Milo-Dino]

54c is the next support since it crashed through the 60c support after breaking down from the double top formation.

Not vested, nv really interested in s-pennies. Not sure about the fundamental news also. another 4-5 candles of consolidation will confirm it this is the bottom for this drop.

just my 2 cents.

this was a $2 stock months back

 

[Milo-Dino]

Hi anybody looking at china fishery?I read some reports the acquisition of Copeinca by them...could be catalyst?

I saw it drop from $2 to current price...

you are right.. that news was catalyst for the stock to sell down further.... they are trying to swallow a company bigger than them via a HOSTILE takeover

 

[Milo-Dino]

Care to share on Nam Cheong? Read that Petronas is going to buy OSV soon.

Where u get rumour about OSV and Petronas....

pls sic source if not it can be misleading for the ill-informed

 

[leozzz]

I saw it drop from $2 to current price...

you are right.. that news was catalyst for the stock to sell down further.... they are trying to swallow a company bigger than them via a HOSTILE takeover

Icic...just a question, I read some reports that the takeover would benefit china fishery in the long run, what do you think bout it?

I see the price now like quite low Le..hahha...

 

[champion09]

I saw it drop from $2 to current price...

you are right.. that news was catalyst for the stock to sell down further.... they are trying to swallow a company bigger than them via a HOSTILE takeover

Oh, maybe that's why it was never on my radar since I don't follow anything above $1.50 due to my small capital...

 

[champion09]

Icic...just a question, I read some reports that the takeover would benefit china fishery in the long run, what do you think bout it?

I see the price now like quite low Le..hahha...

in takeovers, the immediate company has to cough out $$. If they don't have it, means they have to squeeze investors for it. I suppose people are running because they are afraid of share placement or rights placement.

if it is beneficial in the long run, why not wait until mess sorts out first.

 

[Milo-Dino]

Icic...just a question, I read some reports that the takeover would benefit china fishery in the long run, what do you think bout it?

I see the price now like quite low Le..hahha...

if buying for FA reasons.. especially on the takeover.. I rather wait for the dust to settle... like wait for the takeover to be completed and maybe the 34c rights to be issued first...