Kopitiam Talk & Intellectual Discourse: Tracking an IPO - The Case for MSM ..

(c) ArifinLatif Consulting, 12jul11, 8:31am

Kopitiam Talk & Intellectual Discourse: 

Tracking an IPO - The Case for MSM

=> Bias reversal signals a potential downturn on 11 July 2011!

MSM-12jul11,advGET

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(c) ArifinLatif Consulting, 12jul11, 7:55am
 

How to Track a New IPO: The Case for MSM

=> Too early/insufficient data to get accurate signals???

=> Stochastics trending downwards - from 69 to 68.8, now at 55.9
=> Price oscillator....? insufficient data to invoke a calculation! 

My ANALYSES:

1. Stochastics => on the high side, from 69 down to 68.8 and now
at 55.9 (trending downwards!).
2. Mini EWA (Elliot Wave Analysis) => waves 1, 2, 3 completed... expect wave 4 to unfold.
3. Price reversals timing => fits into 2,3 and 8-day fibonacci sequence!
4. Wilder's Swing index => signals a 'short sell' Friday, 8/7!
5. Bill William's Profitunity Analysis => fake bars (last 2 days - categorised as 'slightly dangerous'!)
6. Japanese candlesticks => Inverted hammer on 7/7 + Three black candles appearing on 11/7!!!
 

My PROGNOSIS:

Take profits first... re-enter when mini wave 4 unfolds. 

Happy trading guys & gals! 

Salam.

MSM-12jul11,MetaStock11

Kopitiam Talk & Intellectual Discourse: Tracking an IPO - The Case for MSM

(c) ArifinLatif Consulting, 11jul11, 8:27am

Kopitiam Talk & Intellectual Discourse: 

Tracking an IPO - The Case for MSM

An interesting IPO and a startling debut for MSM (Malaysian Sugar Manufacturing)... bought over from Robert Kuok's stable of companies... kudos for FELDA Berhad. Good marks for the Govt's ETP with respect to the capital market masterplan!

If you are a long term investor, just lock up your MSM shares and move on looking for similar IPOs. Fundamentally, just follow the PER and/or the perceived multiples of its earnings ~ yes just trust the financial analyst's evaluation.

But if you wish to trade, or trade-and-invest, then technical analysis can offer some pointers.... after 9 days of up, up and away scenario chances are profit taking will appear. When? It is now... with stochastics 'cutting from above' over the 80% line! 

From a mini EWA, I saw a mini wave 1 (day 2), mini wave 2 (day 3, touching 2.618x level) and a potential mini wave 3 (day 8)... yes a 2-3-8 fibonacci sequence in play?  

My Take >> Take profits first and re-enter later!

MSM-11jul11,advGET

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(c) ArifinLatif Consulting, 11jul11, 8:40am

How to Track a New IPO: The Case for MSM

Too early (not enough data) to get accurate pointers! Nevertheless, here are some of my analyses:

1. Stochastics on the high side, down from >80 to now at 68.8 (trending downwards!).
2. My own mini Elliot Wave Analysis (EWA) shows a mini wave 1, 2 and 3 completed...so  next move, a possible mini wave 4 (correction wave).
3. Wilder's Swing index signals a 'short sell' there last Friday!

My prognosis>> take profits first and re-enter when mini wave 4 unfolds. Happy trading guys & gals! 

Salam.

MSM-11jul11,MetaStock11

Kopitiam Talk & Intellectual Discourse ~ Tricubes, Idris Jala & ArifinLatif (Me)......

Yes, Tricubes, Idris Jala & ArifinLatif (Me)... courtesy of copied snapshot from Malaysiakini website, and my personal technical analyses of Tricubes' share price trend on Bursa Malaysia.... beginning from the 'epicentre' of 4 sen, 'tsunamied' up to 45 sen, then followed by a swift splashing off the tidal waves to close to 14 sen (as of eod's closing of today). Any reprive in store? Yes, technically the so-called zig zaging Wave 4 is finally unfolding..... (see my pre-warnings before!). Here are some of my charting snapshots of Tricubes, based on 23 May 2011's end-of-day closing....

TCUBES - watch out for 30may2011's trading! (ArifinLatif Consulting's chart, by Advanced GET).

TCUBES - watch out for 30may2011's trading! (ArifinLatif Consulting's chart, by Metastock).

Right or wrong is another issue (the fundamentals of Tricubes and the EPP project), what was/is at stake is the amount of money splashed out buying/selling during the frenzy moments around April 2011! No doubt a lot of 'greater fools' were sucked into the hole in the process ~ this is no nonsense, there was/is still a theory called "THE GREATER FOOL THEORY" - its very much alive!

....and to cap up with some 'fundamentals', here are the advertorial snapshot of PEMUDAH's CEO, Datuk Seri Idris Jala, explaining the rationale behind the award of the EPP on MyEmail Project to TRICUBES, and some feedback on Malaysiakini.com plus Tricubes' 'go ahead' with the beta version of the MyEmail....

Idris Jala defends 1Malaysia email - Malaysiakini (May 6, 11).

MyEmail - Still many unanswered questions - Malaysiakini.

1Malaysia MyEmail beta portal goes online - Malaysiakini.

25 April 2011 ArifinLatif Consulting's Kopitiam Talk ~ on TCUBES's eod closing (22apr11)

(c) ArifinLatif Consulting, 8.14am, 25apr11  Continuing The TCUBES story....

The TCUBES story.... see what an ETP Update has done to this penny stock that has faced financial irregularities?


Too much embroiled news over the weekend... let's see what happens in today's TRADE! To me its a question of fundamental vs technical analysis (charting).... you might be surprised both sides are going to stick their necks over who's right and who's wrong! The verdict? BOTH might be right & wrong at the same time...'cos both professionals are looking at the same price data!

Technically the stock has scaled the 6.85x in 3 days! That's scary and theoretically speaking the retracement should be in place! BEWARE!

(c) ArifinLatif Consulting, 8.14am, 25apr11 - Technically the stock has scaled the 6.85x in 3 days! That's scary....

And, according to Bill William's Profitunity Analysis, the current bar is what he calls a FADE bar! What that means is that simply the traders are fading away!


Salam, all d BEST to all! 

(c) ArifinLatif Consulting, 8.34am, 25apr11 - the current bar is what he calls a FADE bar!

ArifinLatif Consulting's Kopitiam Talk ~ on TCUBES's eod closing (21apr11)

ArifinLatif Consulting's Kopitiam Talk & Intellectual Discourse ~ on TCUBES's eod closing (21apr11)

(c) ArifinLatif Consulting, 9.26am, 22apr11


The TCUBES story.... see what an ETP Update has done to this penny stock that has faced financial irregularities? Technically the stoch has scaled the 6.85x in 3 days! That's scary and theoretically speaking the retracement should be in place! BEWARE! Possible retracement levels, by Fibonacci studies alone! Here's my take on the chart based on yesterday's closing....

(c) ArifinLatif Consulting, 9.26am, 22apr11

All d BEST to all!

April 15, 2011 ArifinLatif Consulting's Kopitiam Talk & Intellectual Discourse ~ KLCI

April 15, 2011 ArifinLatif Consulting's Kopitiam Talk & Intellectual Discourse ~ forecasting KLCI using charting/technical analysis..... courtesy of Advanced GET and Metastock.

LEARN A WORD (OR TWO) A DAY... and be analytical in your trading/investment decisions! 

Introducing today a couple of analyses >>>>> Advanced GET's powerful charting tools (all-in-one chart) and a couple of Metastock's in-built expert advisory tools showing some bullishness in the short/immediate trend on KLCI, viz Bill Williams' Fractal analysis, Profitunity analysis ('the alligator story'), Rex Takasugi analysis, and PS Bull Power Bear Power 2. 

Take them with your kopitiam guys & gals! And in your stride/finger taps...... All d best! 

By: Arifin Latif

Photos: 5

Advanced GET's powerful charting tools (all-in-one chart)

Metastock's in-built expert: Bill Williams' Fractal analysis.

Bill Williams' Profitunity analysis ('the alligator' notion).

Rex Takasugi analysis.

PS Bull Power Bear Power 2.

ArifinLatif Consulting's Kopitiam Talk ~ on KLCI's eod closing (11apr11)

ArifinLatif Consulting's Kopitiam Talk ~ KLCI, 11apr11 closing: just a quick revisit on the short term trend of the FBMKLCI - has been in hibernation for over the past 3.5 years since taking over Perak SDOA's Director's post. KLCI, I'll be back, that's my vow.... 

A quick revisit to the ftse bursa malaysia's klci.... hmmm, pullback still strong at 70 PTI* (profit taking index, on advanced GET's software)... another bout of profit taking may continue but a short-lived one, i guess (a freelancer's quick viewpoint)... happy trading guys & gals out there, in the financial jungle... best regards! 

* NOTE: 70% score on the PTI is a strong confirmation for a reversal, albeit on the short term basis ~ watch out for other indicators flashing out in due course!

Here's a quick take on the Chart's end-of-day closing for 11 April 2011:

PTI is a strong confirmation for a reversal, even on a short term basis ~ 
and 70% is a BIG percentage point! Watch out!