K_S_AbdHamid

K_S_AbdHamid

Sedania were a company provide Airtime & Data Peer-to-Peer Transfer Platform for Celcom Axiata Bhd and Maxis Bhd in Malaysia and Robi Axiata in Bangladesh back in 2017, and now they had expand into Fintech, Sustainable Energy and Healthcare. Looking at their QR revenue was below Rm 8M until year 2020. But their last 4Q revenue had increased significantly....

K_S_AbdHamid

Gfm is an integrated facilities management & service provide company. Back in November, GFM acquired the remaining shares in oil and gas (O&G) maintenance services provider Highbase Strategic Sdn Bhd. As at end-September, GFM had cash of RM93.83 million against short- and long-term borrowings of RM28.48 million and RM241.35 million. Net gearing stood at 99.7%,...

K_S_AbdHamid

Pharma, a company engange in research and developing medical drug and devices was a darling in pharmaceutical in Malaysia. Recently, it had been hit hard with expired vaccine and the obsolete of PPE, needles etc (for Covid 19 use) impairment which was not utilised by the MOF. The recovery of its share price had been distorted as they are facing some dispute...

K_S_AbdHamid

Swift Houlage is a logistic company operates in Malaysia & Thailand. It became public listed in year 2021, the IPO price was at Rm1.03. In my perspective, the management has fresh ideas in navigating the company to expand further. This could be seen when Swift has expanded its fleet by adding 50 prime movers last year, and is keen to be the first logistics player...

K_S_AbdHamid

Barakah is a PN17 company which is specialized in underwater pipe laying company. This company even own itself a pipe laying barge which is called Kota Laksamana which had dragged them into financial difficulities. The main catalyst for Barakah to finally make a breakout from its downtrend channel is Petronas had lift off its suspension on PBJV. There are another...

K_S_AbdHamid

On Fri 24 Feb Iris had reported its Qr and the result was considerably good. The market reacted to the result by pushing the share price which was struggling to even hold at 0.110 at that time to close at 0.120. On the chart wise, 1) the volume is still low (below 14 ma) indicates Sellers are weakening and Buyer's low appetite. 2) the stochastic is in oversold...

K_S_AbdHamid

Iris Corp is the awarded company with a Rm 1.1b Niise project after SKIN project had been terminated. Only that, recently there is an investigation on the appropriateness conduct during the award process. The share price had tanked since the announcement it won Niise project until today. Currently there is a huge battlefield between Sellers and Buyers at around...

K_S_AbdHamid

Basically Bslcorp is involving in precision stamping and PCB assy. The company valuation had went down to 0.065 from its peak 2.430 in Nov'21. This had happened amid BCM Allience / Cita Realiti disposing their shares. Having a very low gearing ratio (0.09 as of Feb '22) while the US gov is trying to minimize China influence in the chips sector, this will provide...

K_S_AbdHamid

Melewar is related to steel manufacturing holding company. Steel / metal price had been down lately due to China Economy Restriction (zero covid policy). As recently the Dollar index is down and China is easing their economy restiction, steel or metal is among the sector which should benefit from it. Looking at the chart, there had been buying activities recently...

K_S_AbdHamid

If we look to the chart above, we can see that Energy Sector in Malaysia is still undervalue or maybe I am wrong. Eventhough Oil price is continue rising, but we can see that the Energy Index is at what can be consider a low territor. If we see, while the index making Lower High (arrow 1,2,3) but the oil price (Brent crude) during that particular day keep getting...

K_S_AbdHamid

Barakah, a PN17 company with a huge advantage in its side to revoke the status. Last of its 2 quarter had recorded a significant profit with oil price is keep climbing up, the benefit is huge for this mid-stream company. Not to mention, it also won a court order for Enquest Petroleum to make payment to its subsidiary company by end of Jan '22. Looking to its price...

K_S_AbdHamid

After it made its triangle breakout on 20th Oct, Scope looks ready to continue its uptrend journey. Scope had been making its Higher Low starting from July '21. We can see at the lower band line. Currently: 1) Stoch %K is at 85 higher - I believe it will create an upward momentum further. 2) CCI reading on 25 Oct had climb from near 0 to 123 indicate that...

K_S_AbdHamid

Iris had started forming a Bullish Falling Triangle pattern on somewhere in Mid Jan '21. Eventhough they had been awarded with goverment project (NIIS) in March, the pattern keep intact. Recently the triangle band had become narrowed. I anticipate that Iris had done it's final pullback and ready to breakout from the pattern. Currently: 1) it had reached the 0.205...

K_S_AbdHamid

Today Barakah had made a strong move from 0.065 to close at 0.08 in one single day. In shory, today's closed price is above it's downtrend line with strong buying power. Currently: 1) Looking at line (a) which is inverse with line (a'), showing that eventhough today's closing price is lower than that 6th July but RSI is ticking upward. This show that this counter...

K_S_AbdHamid

Today close had signed that Ancomlb may just making a breakout from Bullish Flag pattern. Currently: 1) The flag candles is above MA20 line. 2) Macd had made cross. 3) EMA & MA had made crossover. Disclaimer: This is NOT Buy / Sell call. This is for learning purpose only.

K_S_AbdHamid

GFM had started to form Bullish Falling Wedge somewhere in early of May. The falling wedge's band had become narrowed. As the final closed price is at peak of the band, I anticipate that it will break out in the following day or it will make a final pullback before breakout eventually. Currently, Macd had made a cross on 12 July and last closed price just touch...

K_S_AbdHamid

Mind had started forming a Bullish Falling Wedge starting in end of Apr. Currently the Wedge's band had narrowed. With the last close price is just allign to MA20 and Macd is making a cross, I anticipate that it is breaking out of the Falling Wedge or make final pullback and break out eventually. Disclaimer: This is NOT a Buy / Sell call. This is for learning...

K_S_AbdHamid

Minda's chart patter is in Bullish Falling Wedge starting somewhere in end of Apr. Recently the falling wedge's band had been narrowed. With last closing just allign with MA20 and Macd also start to make crossong, I anticipate it will breakout in the following day or make a last pullback and breakout eventually. Disclaimer: This is NOT a Buy / Sell call. This is...