KSL, PWorth, Olympia & Dutaland

KSL Holdings Bhd (Rm 4.27)

KSL is taking a breather to form its minor wave i and ii of its mini-wave 3 of sub-wave iii.

Priceworth International Bhd (Rm 0.265)

Sub-wave v of wave (iii) in progress.

I expect PWorth to go above Rm2.00 by 2017 when the company monthly log output reaches 100,000 cu.m and its timber mills can operate close to 80% of its capacity. The only question is whether the 'assets bubble' will burst before 2017.

 

Olympia Industries Bhd (Rm 0.195)

Currently it is either forming its sub-wave iii of wave (v)

OR it is forming the wave b of its major wave 2. I put this option as less likely especially when Dutaland is moving.

Dutaland Bhd (Rm 0.595)

Dutaland moved up strongly today. It added 5.5 sens (+10%) with very high volume of 44.5 millions shares changed hand. Since 2009's bottom, it has been moving side way forming its A-B-C-D-E mega wave (2).

After competing its mega wave (2) in 2013, it has formed its wave (i) and (ii) by end of August. Today's surge is the sub-wave iii of its wave (iii). That is why it is so dynamic. Hopefully my reading is right.

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