25 July 2013

The first thing i sold in the morning was sumatec. the counter opened at 0.375, taking 0.38 as the sellers keep piling up. The warrant was unchanged. when i see that they started to sell at 0.375, I sold it there as well. it went down to 0.37 and done a little at 0.365. at 9.30am, it came back up strongly to 0.38 and within half an hour, it went to 0.39 while its warrant went to 0.225. at closing, sumatec was last done at 0.385 and its warrant went to negative at 0.205. KNM started at 0.475 unchanged but went past 0.47 within half an hour. i waited for it to roll over and sold it at 0.47 at 2.40pm.  

Konsort went to 1.33 at 10am but came back down to 1.30 until after 10.30am. from there, it went to 1.36and stayed there for lunch. after lunch it went to 1.38 but came back down to 1.35. near market closing, it started to move up where i bought 7.4 lots at 1.36 and queued 12.6 lots there. my colleague started to take a block at 1.37 and another at 1.38 where i bought 2.6 lots at 1.38 to round it up to 10 lots. at the closing, it threw 2 lots at 1.36 to me and closed at that price. MPHBcap was another counter that went up today it went up to 1.53 and mingled there till around 12pm. it then went to 1.57 and stayed there for the whole day. at closing, it came back down to 1.54. due to the fact that this is a newly listed counter and it was traded at its new high, i expect it to go further within a short period of time and i bought 10 lots at the closing price. Coastal came down from the high of 3.15 2 weeks ago to its lowest yesterday after a strong ran up. it closed at 2.35 yesterday where my colleague bought 45 lots there. it jumped up today opening at 2.56 and went straight up to 2.71 at 10.30am. it then stayed at 2.69 to close for lunch. at 3pm, it went to 2.71 and at 4pm, went to a high of 2.76. it closed at 2.74 where i queued 10 lots but done only 4.6. 

MNC went to negative from 0.29 to 0.245 in the morning but regained all the losses at 2.30pm. it then went straight to 2.35 where i hesitated to buy it. i was right. after consecutively cleaning up the sellers at 0.33 and 0.335 for 3pm, it was clear the it has no intention to move higher from there. it is just interested in selling all its stocks there. it closed at 0.325. Kinstel was active since yesterday where it moved all the way up to 0.34, an increase of 0.035, but a high of 0.35 was done earlier. the counter moves slowly and that does not interest me. GOB opened negative at early morning but regained its losses after 10am. right before lunch, it went straight to 0.89. i did not bother to look at the counter as i knew it just wanted to roll out its stocks with little intention to move higher as its highest price transacted was 0.935. the counter will have to move past 0.91 as there are many resistance at that level. I was again right. it came back down at closing to close 0.865. Muhibah continued it uptrend after a sell down recently to high of 2.72 achieved before 10.30am. it stayed there until 4.20pm giving impression that it will continue its up move. the counter went up from 0.80 from a few months earlier. at closing, it went straight down to 2.63 closing. puncak was also rebounded after heavy selling from top of 2.80 to close at 2.45 yesterday. my colleague bought 50 lots at closing. in the morning, it rebounded to high of 2.54 but closed at 2.51. tomorrow, its free warrants will be listed. MYEG was also another counter that rebounded today after heavy sell off this week. it was traded at a high of 2.30 but came down to 1.87 yesterday. at 10am, it rebounded to 1.97 high but closed at 1.95.