Friday, 20 April 2018

ALLIED TECH - SOME CORPORATE CHANGES TO TAKE PLACE(LIM TAH HWA HAS 403M SHARES@7CENTS AVERAGE)

Lim Tah Hwa has been accumulating ALLIED TECH shares back in 29 NOV 2017. He has made 2 purchases in 2018(1 FEB and 9 APR). Now that he has emerge as the biggest controlling shareholder, expect some corporate changes to take place in 2018. Market must be wondering what plan he has for ALLIED TECH given that his purchase price is substantially higher than current market price of 4.8cents(versus 7cents we illustrated out below).
 
Share purchases by LIM TAH HWA -
                          29 NOV 2017 114m@ $7.068m or $0.062
                           1 FEB 2018   229m@ $18.35m or $0.08
                           9 APR 2018    60m @ $3.00m or $0.05
 
                             TOTAL       403.4m@ $28.42m or $0.07 average.
 
 
 
 




Thursday, 19 April 2018

STRAITS TIMES INDEX - TOUCHING MULTI-YEAR HIGH 3600(AIM 3800 LEVEL IN 2018??)

 
With big funds accumulating INDEX Components like DBS UOB & OCBC, the STI have been shooting to multi-year high touching 3600. We see this a bullish sign for the index rallying above the key psychological 3600 level, next level to look for will be the 3800 high set in 2007. For now, we will be shifting our attention to small-caps who have underperform the big-caps for the past few weeks. We will likely see interest in rotation among many favourite small penny stocks among pundits.
 
 

ALLIED TECH - LAST MINUTE ACCUMULATION GOING-ON AT $0.049(LOOKING GOOD FOR THE WEEK)

 
Allied Tech BBs bought up 14m shares at $0.049 around 20mins near closing. We suspect that the BBs are accumulating its cheaply , strong support at $0.049 found. These 2 days we see the STI running up more than 100 points and it is looking ripe for the small-caps stock to start its rallies soon.
 
 

Wednesday, 18 April 2018

MARCO POLO - STRONG BASE SUPPORT FOUND $0.034(COULD BREAKOUT ANYTIME SOON)

We see Marco Polo building a strong support base at $0.034 for the past few trading sessions. A successful breakout above $0.035/36 will take it towards its pysological 4cents level. Taking note MARCO POLO this week with a SL 32 and entry 34.
 
 

Tuesday, 20 March 2018

MERCURIUS - STRONG SUPPORT FOUND TODAY $0.022(RTO GAME CHANGERS TO SEE IN 2018)

We see strong support at $0.022 levels today at it is currently ripe to see some positive developments. Such as its RTO for the malaysian property business which would be starting its momentum in 2018. Short-term target $0.035-45
 
 

Tuesday, 13 March 2018

VALUETRONICS - THE UPTRENDING PATH TOWARDS $1.06 LOOK CLEARER EVERYDAY

This is a clearly an UPTRENDING HIGHER HIGH counters call VALUETRONICS. We see that the path towards $1.06 look even clearer as the day past as the stock have found higher support.
It could easily breeze through towards $1 anytime no one know but we feel it is coming along with the technology stocks rallies. ULTIMATE TARGET for 2018 will be $1.68
 
 

Wednesday, 7 March 2018

MEMTECH - BREAKOUT TO HIT A HIGH $1.64 AFTER YESTERDAY BLOOMBERG ARTICLE ABOUT TESLA

 
We alerted our student about the Memtech news yesterday on a bloomberg article about TELSA at $1.51. Today MEMTECH rally super strong to hit a high of $1.64. Congrats to all who trade with us yesterday
 

Friday, 2 March 2018

JADASON - WHAT TO LOOK OUT FOR IN 2018? GROWTH FROM 5G TELECOM AND AUTOMOTIVE INDUSTRY

Jadason reported a strong set of FULL YEAR 2018 with net profit growthing 54% to $2.8m. This week we saw many techs stock rallying on the back on strong semi-conductor growth and Creative massive R&D found new product, reviving the TECH STOCKS favours. We will look forward to JADASON 2018 growth coming from 5G TELECOM as well as the AUTOMOTIVE industry as main drivers. Today we see JADASON strong support at $0.072 as well as $0.073 this week, next week we seeing how the overall market perform to lead the rest of the TECH counters.