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WITHOUT DISCIPLINE YOU CANNOT ACHIEVE SUCCESS, IN ANY FIELD

Sunday, April 14, 2013

Redtone International Bhd (RTON.KL)


Overview:
REDtone International Berhad is a Malaysia-based investment holding company,engaged in investment holding and provision of management services to its subsidiaries. The Company operates in Malaysia, Singapore and People’s Republic of China. The Company’s subsidiaries include REDtone Telecommunications Sdn. Bhd., which is engaged in the research, development, manufacturing and marketing of computer-telephony integration products, and provision of communication services; REDtone Technology Sdn. Bhd., which is a provider of total solutions in business communication and telecommunication, and REDtone Network Sdn. Bhd., which is engaged in the research and development and marketing of communication applications. In February 2012, the Company disposed of its interest in REDtone Software Sdn Bhd. In February 2012, the Company disposed of its interest in REDtone Software Sdn Bhd.



Trading Plan:

1) Trendline - 50MA breakout at RM 0.420
2) Volume: High
3) MACD: Third Green (Positive>Bullish)
4) Smoothed RSI : At 61.9%. RSI will go >70% if KLCI still in bull market to test 1720.
5)Support/Resistance: Supported at RM0.395. Resistance at RM0.445 .Today close RM 0.420
6) Beta: 1.87
7) Candlestick: Bullish
8) Pattern: Bullish after breakout at RM 0.420


Trading Plan 1:
Entry: RM 0.400 or higher
Profit: RM 0.445
Cut loss: RM 0.380
RRR (Risk to Reward Ratio)> 1 : 2

Scenarios Analysis:
1) Breakout above 0.400.


Tok




Wednesday, April 10, 2013

JCY International Bhd (JCYI.KL)


Overview:
JCY International Berhad (JCY) is a Malaysia-based company investment holding company. The Company is engaged in the design and development of hard disk drive (HDD) components. The Company manufactures base plates, top cover assembly, actuator pivot flex assembly (APFA) and anti discs, which are the mechanical components of HDDs. The Company’s manufacturing facilities are located in the states of Johor, Penang and Malacca, in Malaysia, and in Saraburi, Thailand. The Company ‘s subsidiaries include JYC HDD Technology Sdh Bhd, which is engaged in the manufacturing and trading of HDD components; JYC HDD Technology, which is engaged in the trading of HDD components, and Minarex Holdings Limited, which is engaged in investment holding.



Trading Plan:

1) Trendline - 50MA breakout at RM 0.560
2) Volume: High
3) MACD: Third Green (Positive>Bullish)
4) Smoothed RSI : At 66.9%. RSI will go >70% .
5)Support/Resistance: Supported at RM0.560. Resistance at RM0.645 .Today close RM 0.580
6) Beta: --
7) Candlestick: Bullish
8) Pattern: Bullish after breakout at RM 0.560


Trading Plan 1:
Entry: RM 0.580 or higher
Profit: RM 0.645
Cut loss: RM 0.560
RRR (Risk to Reward Ratio)> 1 : 3

Scenarios Analysis:
1) Breakout above 0.560.
2) North Korean issue.


Tok




Unisem M Bhd (UNSM.KL)


Overview:
Unisem (M) Berhad (UNISEM) is involved in the manufacturing of semiconductor devices. It is a global provider of semiconductor assembly and test services provider in Malaysia. 
The Company offers integrated suite of packaging and test services, such as wafer bumping, wafer probing, wafer grinding, as well as range of leadframe and substrate integrated circuits packaging, wafer level chipscale packaging and radio frequency, analog, digital and mixed-signal test services. 
Its services include design, assembly, test, failure analysis, and electrical and thermal characterization. It also has operations in Crumlin, South Wales, the United Kingdom; Chengdu, Batam, Indonesia and Sunnyvale, California, the United States of America (USA). The Company’s subsidiaries are Unisem (Ipoh) Sdn. Bhd., Unisem Advanced Technologies Sdn. Bhd., Unisem (Europe) Holdings Limited, Unisem Chengdu Co., Ltd., Unisem (Mauritius) Holdings Limited and Unisem International (Chengdu) Ltd.



Trading Plan:

1) Trendline - 50MA breakout at RM 0.925
2) Volume: High but not consistent
3) MACD: Green (Positive>Bullish)
4) Smoothed RSI : At 60.5%. RSI will go >70% once Tech sector in play.
5)Support/Resistance: 
Supported at RM 0.905. 
Resistance at RM 1.15.
Today close RM 0.94
6) Beta: 2.11
7) Candlestick: Bullish
8) Pattern: Bullish after breakout at RM 0.925


Trading Plan for UNISEM:
Entry: RM 0.930 or higher
Profit: RM 1.150
Cut loss: RM 0.905
RRR (Risk to Reward Ratio)> 1 : 6 (VERY RISKY)
Trading Plan for UNISEM-WA:
Entry: RM 0.235
Cut loss: RM 0.190
RRR (Risk to Reward Ratio)> 1 : 2.5

Scenarios Analysis:
1) Breakout above 0.925 on the next following day
2) North Korean issue.


Tok