Mr Investor

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

This counter had recently rallied and closed at a high of RM1.75 on October 23, 2017. What followed in the subsequent days were 2 straight days of profit taking. This was evident by the 2 significant black bodied candles which closed lower until October 25, 2017. Refer Picture 1 below on the technical chart of HeveaBoard. Picture 1:HeveaBoard Chart 25/10/2017 For any investor, testing a high 3 times at RM1.75 in 3 months would be an important indicator of a potential change in trend. Currently, HeveaBoard is trading at an important price "zone" - immediate medium term support level of RM 1.62 . Knowledge sharing For all support/resistance levels, there is a +/- variance of approximately 1% from the support line indicated. Hence, support at RM 1.62, can be interpreted as support at RM1.61 or RM 1.63. Can the support zone hold? Probably, because prices retraced about 50% from its previous rally . Note that the previous rally began in the highlighted RED rectangle - September 2

The FBMKLCI has been depressed lately. Looking at the chart below, it makes me feel uneasy. Charting the FBMKLCI is more for determining the overall market sentiment, and may have no relation to individual stocks. Picture 1: FBMKLCI - Key Support / Resistance Levels Market sentiment has been bearish. This is evident by the string of black candles in the past 2 weeks. Sentiment became more bearish as the week progressed as the index made 4 consecutive lower closes towards the end of the week. On Friday, October 20, 2017, the market closed at 1,740.65 - immediate support level. A brief back ground on the bearish trend On October 9, once prices failed to rally above resistance at 1,766 - zone of price rejection, prices immediately turned south. Prices broke below key support level of 1,752. Based on the current trend, the bear trend will most likely resume until it finds support. Currently, the index is trading at its immediate support of 1,742 / 1,741. Key support levels If the supp

Just a brief technical analysis review of this company: Medium Term Trend Analysis: Chart 1 The trend for this company seems decent. A healthy consolidation pattern with a bullish bias. Forming a base above RM 0.93. And price action has been trending above its 20-day exponential moving average. Key support areas: S1: RM 0.940 S2: RM 0.930 (Stop loss) S3: RM 0.910 (Stop loss) Key resistance areas: R1: RM 0.965 R2: RM 0.975 R3: RM 1.000 Momentum indicators: Both the MACD and the RSI have been holding up fairly well indicating consolidation. Potential Entry point: A good entry point (buy) to this counter would be at around the price range on RM 0.93 - RM 0.94. Potential Exit point: Suggesting to exit at RM 0.98 and RM 0.99. Risks: Low trading volume. Appreciation of MYR against USD. External factors. Short term chart: If you want to FIND OUT MORE on the FUNDAMENTALS of this company check out my article HERE . Note: This is not a recommendation to buy or sell this stock by the writer. The

Bison Consolidated Berhad (5275) is a dynamic convenience store company listed on the Kuala Lumpur Stock Exchange (KLSE). It has grown many folds since it first opened its myNEWS.com store in 1996. 11 years later, it has opened about 300 stores in Malaysia. In 2012, Bison entered into a joint venture with WH Smith Travel Limited to operate WH Smith news, books, travel and convenience stores in Malaysia. My first impression about the convenience store business was that this is a saturated market – apparently NOT. The thought of many convenience stores come to mind – 7 Eleven, 99 Speed Mart, KK Super Mart, NZ Magazine Centre, Family Mart, K Mart and etc.. All of the stores aforementioned compete within the convenience retail segment. Picture 1: myNEWS.com in Bangsar LRT Station Picture 2: myNEWS.com in Masjid Jamek LRT Station Since its listing on the KLSE, the share price has surged almost 100% from RM1.10 to RM2.38 in one and a half years. The surge was mainly driven by the growth stor