Mr Investor

This is a follow-up review. It has been a month since I last charted the FBMKLCI. Market sentiment continued to weaken and dragged the FBMKLCI lower. As the down trend is still intact, it will most likely persist until it reaches support. I previously reviewed the FBMKLCI HERE . From my review, I highlighted the bearish trend. After almost a month, the bearish trend is still persisting. Check out Chart 1 below on the medium term trend: Chart 1: FBMKLCI Medium Term Trend Nothing too exciting about the FBMKLCI though. Investors should be cautious about the market sentiment. My view is that the FBMKLCI may not have found firm support yet and may trend lower. Chart 1 above shows the medium-term trend of the FBMKLCI. There are a few key support and resistance levels: Key Support: S1: 1,700 S2: 1,680 Key Resistance: R1: 1,725 R2: 1,751 Chart 2: FBMKLCI Short Term Trend Final thoughts Probably, it might be a good time to cash-in onto some profits now. Judging from immediate price ac

This week I wanted to take look at Century Logistics Holdings Bhd (7117) to see whether it has any potential investment value. I have never analysed this company in more detail as I had never allocated time to look at it; my loss though. Since rallying to a high of RM 1.40 in June 16, 2017, it retraced to RM 1.03 in September 2017. Ever since then, the company’s share price has been consolidating. The company is involved with the logistics business, as described by its name – Century Logistics. This analysis is a litmus test to see whether this company warrants more attention. It was noted that on October 31, 2016, the founder and major shareholder, Datuk Richard Phua, had transacted to dispose off his 31.44% stake in Century Logistics to CJ Korea Express Asia Ltd for RM1.45 per share. Its new parent company CJ Logistics Corp is quite a large Korean logistics company with an annual turnover of over USD 4 billion. Below is a chart of its share price performance for 1 year: Chart 1: Cent

I recently found out about this company -- Hiap Teck Venture Bhd (5072) -- through a friend of mine, and I thought I should take a look at it. I have not performed my fundamental analysis on this company yet, but I wanted to write about my observations on the price action of this company.  Based on a surface level review of its financials, I noted that its joint venture company -- Eastern Steel Sdn Bhd -- recorded an impairment loss on its property, plant and equipment of about RM 266 million in its latest Q4 2017 financial result that was announced on September 28, 2017. As Hiap Teck's interest in the joint venture company was 55%, its share of losses from Eastern Steel was roughly RM 155 million. See Picture 1 below on the summary of its quarterly results: Picture 1: Summary Hiap Teck's Quarterly Results (Source: i3investor) Technical Analysis Review of its Share Price Picture 2: Price Chart of Hiap Teck Based on my observations of the price chart

Kronologi Asia Berhad (0176) is an electronic data management solutions provider listed on the ACE Market of Bursa Malaysia. This company has garnered much attention as its share price jumped from RM 0.36 per share in late April 2017 to RM 1.10 per share in early-November 2017 – a remarkable 300% gain! Chart 1: Kronology Asia Berhad Share Price What does it do? Its prospectus pretty much sums up what it does “To achieve data assurance and protection through the systematic backup, storage and recovery of enterprise data to ensure business continuity.” In short, it is a computer data storage systems provider. It provides data storage solutions to its customer by tailoring their needs to its products. Its products are categorized into 2 segments: 1. Enterprise data management infrastructure technology (EDM Infrastructure Technology) – the physical hardware, software and/or equipment components of EDM 2. Enterprise data management managed services (EDM MS) – backup, health chec

Success Transformer is a company that I have been monitoring for some time. I previously made some money investing in it, and thought it would be a good idea to revisit this company now. It is involved with the industrial lighting and electric transformer manufacturing business. It has a listed subsidiary, Seremban Engineering Berhad (5163), which is involved with the process engineering industry. Its share price has been consolidating for some time, and I think there may be opportunities to invest in this company. Chart 1: Success Transformer Corp share price From 2014 until 2016, Success' process equipment division was hit by cost overruns on certain projects which resulted in it reporting losses. Looking at its price chart, its share price has not progressed much from 2014 - 2016. Post financial year 2016, business operations seemed much better. It appears that its process engineering division has since gotten out of the red and is now reporting profits. Even the profit marg