Wishing all of you good health, prosperity and excellent luck in your stock investment.
If I am right, crude oil price and ringgit should bottom out in 2016. Stocks will have their last surge before the assets bubble burst in 2017.
Good luck.
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Thursday, December 31, 2015
Happy New Year, Friends.
Wishing all of you good health, prosperity and excellent luck in your stock investment.
If I am right, crude oil price and ringgit should bottom out in 2016. Stocks will have their last surge before the assets bubble burst in 2017.
Good luck.
.
Wednesday, December 30, 2015
Guantanamera
Once upon a time
Kuantan has a beautiful fishing village called Balok.
A beautiful beach called Batu Hitam.
Then came Lynas with one of the biggest rare earth refinery that is located within these beautiful places and it has not made known to the public its radioactive waste disposal method.
Next came large scale bauxite mining that turned the whole area red.
In a dry day
When it rained
When the 'red' reached the sea, we have red sea.
The beautiful Balok river became red river
And the Batu Hitam beach turned red too.
No wonder the latest hit in Kuantan is 'Kuan-tana-merah-godzilla- kuan-tana-merah'
Click ' Why is Kuantan turning all red like Mars' for an interesting article.
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Kuantan has a beautiful fishing village called Balok.
A beautiful beach called Batu Hitam.
Then came Lynas with one of the biggest rare earth refinery that is located within these beautiful places and it has not made known to the public its radioactive waste disposal method.
Next came large scale bauxite mining that turned the whole area red.
In a dry day
When it rained
When the 'red' reached the sea, we have red sea.
The beautiful Balok river became red river
And the Batu Hitam beach turned red too.
No wonder the latest hit in Kuantan is 'Kuan-tana-merah-godzilla- kuan-tana-merah'
Click ' Why is Kuantan turning all red like Mars' for an interesting article.
.
Tuesday, December 29, 2015
EG and Inari
EG Industries Bhd (Rm 1.10)
EG gained another 5 sens (+4.7%) on Tuesday to close at Rm 1.10.
It is going for its most bullish option of forming the mini wave 3 of its sub-wave iii of wave (v).
Inari Amertron Bhd (Rm 4.74)
Inari gained 19 sens to end the day at Rm 4.74. With this break-out, it is forming its sub-wave vii and confirmed that its wave (iii) has 9 sub-waves.
Inari will be traded Ex-Bonus (1 for 4 bonus issue) on 4th January 2016.
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EG gained another 5 sens (+4.7%) on Tuesday to close at Rm 1.10.
It is going for its most bullish option of forming the mini wave 3 of its sub-wave iii of wave (v).
Inari Amertron Bhd (Rm 4.74)
Inari gained 19 sens to end the day at Rm 4.74. With this break-out, it is forming its sub-wave vii and confirmed that its wave (iii) has 9 sub-waves.
Inari will be traded Ex-Bonus (1 for 4 bonus issue) on 4th January 2016.
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Monday, December 28, 2015
How to address the rising cost of living
"I have 3 jobs - as Pontian Member of Parliament, Deputy Minister and UMNO Information Chief".
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Sunday, December 27, 2015
Weekly update
Dow (17,552)
There is a possibility that Dow has completed its wave (iv) and is currently forming its wave (v). If I am right, Dow will be setting more new highs in 2016.
FBMKLCI (1,663)
Very likely KLCI has completed the wave (ii) of its major wave 5. Mini wave 3 is in progress.
EG Industries Bhd (Rm 1.01)
EG is forming its major wave 3 at this moment.
The question now is whether this major wave 3 has ended ?
If it has ended, then it has to move lower to complete its major wave 4.
However, if this major wave 3 has 9 waves, then it is forming the wave c of its wave (vi).
A bullish possibility is as shown below. EG has completed sub-wave i-ii and mini wave 1-2, the next surge will be the mini wave 3.
Emico Holdings Bhd (Rm 0.355)
Emico has either completed its major wave 3
Or it is forming its wave (vi) at this moment.
Farms Best Bhd (Rm 0.665)
Friday's pullback can be the starting of wave (ii) correction,
It is also possible that the current pullback is only the mini wave 2.
Inari Amertron Bhd (Rm 4.44)
If Inari can continue to move higher next week, then the current correction is the sub-wave vi.
Failure which, it is on course for its wave (iv) correction.
Insas Bhd (Rm 0.765)
Hopefully the next down is the mini wave 7 of (ii).
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Tuesday, December 22, 2015
Farms Best Bhd (Rm 0.72)
Farms Best added 11 sens (+18%) on Tuesday with 1.6 millions share changing hands. Since 2009, Farms Best has been moving side way forming a complex ABCDE-X-ABC corrective wave, its mega wave (2). Hopefully the low in August 2015 marked the end of mega wave (2).
Its candlestick today is significant in the sense that it can be the wave (v) of Farms Best and usually a 5-wave formation indicates a new up trend cycle.
If it is indeed a new up-trend in the making, the next major wave 2 correction provides a last chance for accumulation before the dynamic major wave 3 starts.
Dow (17,417)
Dow gained another 165 points (+0.96%) on Tuesday. There is a possibility that wave (iv) has ended and wave (v) has started.
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Its candlestick today is significant in the sense that it can be the wave (v) of Farms Best and usually a 5-wave formation indicates a new up trend cycle.
If it is indeed a new up-trend in the making, the next major wave 2 correction provides a last chance for accumulation before the dynamic major wave 3 starts.
Dow (17,417)
Dow gained another 165 points (+0.96%) on Tuesday. There is a possibility that wave (iv) has ended and wave (v) has started.
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Monday, December 21, 2015
Emico Holdings Bhd (Rm 0.41)
The star on Monday is Emico. It added 14.5 sens or 54.7% to move from 26.5 sens to 41 sens with a record volume of 83 million shares which is 86% of its total numbers of issued share of 96 millions. There must be a lot of speculative buy and sell (contra-players) within the same day.
From the 20-year chart, Emico is on its mega wave (3)
So far Emico has completed its mega wave (1)-(2), its major wave 1-2 and is forming its major wave 3 of (3).
Before the Monday's surge, my wave count for Emico was (i)-(ii)-(iii)-(iv) and I was expecting the (v) to end somewhere at 31 sens.
But with the fantastic performance on Monday, I feel that a more fitting count is as shown below.
It is highly possible that Monday's candlestick is the minor wave iii of mini wave 3 of sub-wave iii of wave (iii) of major wave 3 of mega wave (3). So it is the iii of 3 of iii of (iii) of 3 of (3), this can be why it can add on 54.7% with volume of 83 volume which represent 86% of its total issued shares of 96 millions.
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From the 20-year chart, Emico is on its mega wave (3)
So far Emico has completed its mega wave (1)-(2), its major wave 1-2 and is forming its major wave 3 of (3).
Before the Monday's surge, my wave count for Emico was (i)-(ii)-(iii)-(iv) and I was expecting the (v) to end somewhere at 31 sens.
But with the fantastic performance on Monday, I feel that a more fitting count is as shown below.
It is highly possible that Monday's candlestick is the minor wave iii of mini wave 3 of sub-wave iii of wave (iii) of major wave 3 of mega wave (3). So it is the iii of 3 of iii of (iii) of 3 of (3), this can be why it can add on 54.7% with volume of 83 volume which represent 86% of its total issued shares of 96 millions.
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