DRBHicom...on downtrend...

Yesterday was a lucky escape...during morning session at around 11 am...throw DRB at 1.83 (the last 8 big lot) ...reason being sensed negative sentiment plus DRB broke support at 1.90...

good news...fundamental still intact...so can re-start accumulate once solid base is formed later...

now, rm1.90 becomes the resistance..while support is as low as rm1.34...i'm thinking that area between 1.70 down to 1.50 is good area to start accumulate slowly...

DRBHicom - be strong....more to come...

amik kptusan to lock profit dlm DRBhicom...sold half...keep half...locked profit at 85% untung....

alasan jual...to protect profit...dan keep the rest...to fight on smpai TP2.50 (near)...and beyond spai TP3.50 (far)....lastly swap/anchor more dlm DRBH-CC ...now holding 10 big lot of CC and adding more....if reach 2.50...mother gain berkembang to morethan 100%....dan CC should be around 0.675...another 14% gain or more...

so...now, aku ada a king and a queen for the checkmate...

volume DRB akn come back...why? bcos FA wise...it is still undervalued....TA wise, traders tgh tunggu signal...support 2.20 masih strong....i think once break rm2.30...more people will jump on board...HwangDBS TP utk DRB at 3.55...

2011-early year bull !!!

bursa buka on 3rd Jan 2011...bulls let loose on the field...plenty of green ushering new year...plus...1 month to CNY and probably general election theme on the way...

My 2011 portfolio:
1. CSCsteel ~> AVP1.72
2. DRBHicom ~>AVP1.19
3. DRBHicom-CC ~>AVP0.47
4. KKB ~>AVP1.90
5. MBMR ~>AVP3.40
6. TOPGlove~> AVP5.76

Did some hedging in DRBHicom-CC, and still accumulate...DRBHicom still hold until arrive my TP...

CSCsteel not moving up...been holding for months now...should have sold at peak last time...considering to fold over into other counter...

KKB, just started engine today...

MBMR, slowly accumulate bit by bit....

TopGlove is not so beautiful now!!! Maybe have to wait until March (past rubber wintering season)...Can't wait that long...


New candidates (FA strong)...got a list of about 5 stocks after doing own research (looking at their financial reports)....Trade BUY in play...slowly accumulate...

Need to remind myself....this time no more play,play....need to follow this maxim ~> use 80:20 rules aka 80%FA, 20%TA....

DRBHicom - Now, its a sought after gem !!!

pd ketika post ni d tulis...DRBh sdg dlm cubaan untk break rm2.00 resistance...now at rm1.97...if attempt berjaya, more will follow...

wat is the big hoohaa about DRBh??? TA wise mgkn akn ada consolidation klu fail to break rm2.00 resistance...1st support at RM1.75..

but ada cakap2 dlm cyber yg it's worth atleast rm3.50...HwangDBS gave TP at rm3.55...so how?

let's come back to basic question....camna nak letak value for stocks? sebenarnya, byk cara ikut style investor...for me, TP3.55 is too high...unless 3Q and 4Q eps = 10 +10 = 20 sen...then baru TP tu valid...otherwise...TP2.50 to TP2.70 adalah lebih logik sbb basing on current performance...

Having said that...x brmksd esok akn trus lompat...aku rs 3Q result adalah penentu samada DRB bleh cecah TP2.50 atau trus lompat ke TP3.50...if 3Q eps = 5 sen...so TP2.50 lah...if 3Q eps 10 sen, then TP3.50 is valid...

Hold DRB for now...and considering to do some hedging in DRB warrant...see how it goes..

DRBhicom - still ada power...

masih hold DRBhicom...smlm dan pagi ni nmpk support area 1.18...ramai dok masuk area 1.19 - 1.20 sblm brlps..la ni dah cecah 1.23 pd noon...tgt break after 1.25 closing to 1.30 dah x jauh...

DRBhicom - melepasi 1.20 on strong news...

Slps bbrapa lama x aktif...now dah breaking away drpd 1.10 -1.15 dan tutup pd 1.19 selepas sentuh 1.20...which is a good news indeed...this undervalued stock mgkn just bru start engine klu tgk TA wise...

1. bollinger...bru breakout
2. MacD line...new uptrend
3. RSI...in bullish area & blum spai overbought

DRBhicom dah break close resistance...aka di 1.15...kemungkinan bergerak atas lagi...to next resistance at 1.25...klu break 1.25, sure bullish berterusan...

problem...
1. EPF masih dok selling...why???? sdgkan masih undrvalue..
2. people mgkn akn sell on good news..sbb news ttg DRBhicom akn beli stake dlm proton, join venture dgn automakers & mgkin unlock bisness entiti dgn list dlm bursa...

utk masa la, masih hold DRBhicom..reasons:
1. new uptrend...potensi utk naik lebih tinggi...
2. belum nmpk signal downturn utk take profit...
3. most importantly...DRBhicom masih lagi deeply undervalued...especially berbanding auto lelain...

harap monday/mggu depan akn lebih baik... :)

DRBhicom...1Qtr profit (230% QoQ)

result dah kuar lewat ptg smlm...1st qtr profit up 230% bbanding dgn 1st qtr tahun lepas...skali tgk nmpk nice...but wait...

1. revenue turun skit...so ok la, acceptable...
2. profit?!...haa ni skit musykil...down 39% bbanding previous qtr!!!
3. EPS plak shrink by almost half bbanding previous qtr (from 13 to 8)...wotttt!!

patut ler price payah nak break drpd 1.15...dan epf asik dok dispose..seems like insider dah tau price mgkn dah kira prestasi semasa...

now, slps report ni dah kuar...dan xda lagi brita buruk, harap price akn start gerak ke atas...bottomline, DRBhicom mesti recover balik dlm 2nd, 3rd dan 4th qtr nati...otherwise...bye,bye

Stock Valuation at PE 10
EPS 1st qtr 8 sen...tp amik just 5 sen, kira low la...so
0.05 X 4 X 10 = RM2.00

DRBhicom bila nak kuar report nih???

DRBhicom blum kuar report...selalunya kuar end of the month...mgkn esok kot....anyway ari ni tutup pd 1.10...btw, EPF dok wat heavy disposal...nape? result x baik ker?

anywy, TP 1.30-1.50 still x brubah...tapi kena break 1.15 dulu...dgn current situation mgkn susah skit...dgn support kat 1.04 rsnya akn rebound balik...wait area 1.05-1.08 klu nak average...