Monday, April 23, 2007

ECM

Today, a gap was spotted in the candle chart of ECM. Volume increased healthily while price increased as well. From purely technical analysis, there is a high chance that ECM could be shooting up to the resistance at RM1.20. However, since my last recommendation on ECM, traders should be concerned with the high volatility of this stock. For the time being, hold is the best decision.

3 comments:

Chen Kiat said...

Halo, halo. Lenyap to where these weeks? Exam ah? :P

Unknown said...

READ THE A GOOD ARTICLE I TOEBEAR'S BLOG AND I POSTED IT BELOW AND FOLLOWED WITH MY CAL TO WITHDARW ALL MONIES FROM MAYBAN, CUT THEIR CREDITS AND MOVE OUT FACILITIES TO OTHER BANK (OTHER THAN AMBANK)

"Wednesday, May 9, 2007
Maybank or Bumibank?

Again, Malaysia went 'famous' just because it's largest bank(however you wanna call it) declared that it now require all that law firms must have a 'bumiputra' partner with at least a 50% stake before they could do any business with the bank. Discrimination, arrogant and ungrateful are the words that I have for this bank.

I thought all these while the people have been thought to spend more effort in building self competency and companies to work hard in order to complete globally?...Capability, integrity, efficiency and merit if you ask me are the main criterias to consider when I want to do business with someone and surely not the race. Most of us are Malaysians, born and live here since independance....living peacefully in a multiracial country is something we're proud of...at least today we are.

Then all the sudden came a bank who without thinking implemented such rigid and ridiculous rule in the midst of the Gov's effort to build unity in the Malaysian people... even simple civilians who never had a chance to be educated knows how important it is for someone with a high place in the community to think before he says anything. For words spoken are hard to be taken back... it reveals the intention and the perception of that person.

Having said that, now I'm pretty sure we now know this bank's view on the people of this country.In short, if Maybank thinks that it's so darn big and powerful that is does not need contribution/business from other races in this country apart from 'bumiputra'. I say, go ahead and implement it....

I bet that when all the non-'bumiputras' withdraw their commitment with this bank...It's guaranteed that this arrogant bank will move from being the largest bank to the smallest(only if it's able to survive) in a relatively short time.Now to the 'ingenious' management of this bank who came out with that foolish decision, please use your head and think before you implement anything in future.

There's a saying, "There is pride before downfall". God gives us a head to think and not for fun! For if you don't need them, you won't have them."



THIS IS THE BEST POSTING I EVER READ READ FOR A LONG TIME.

TIME TO TEACH BIG AND ARROGANT MAYBAN A LESSON. FORCE THEM DOWN TO THEIR KNEES FORCE THEM TO BEG FOR FORGIVENESS
LET MAKES AN EXAMPLE OUT OF MAYBAN SO THAT OTHER BANKS (LIKE AMBANK)AND OTHER CORPORATIONS WILL IMMEDIATELY SCRAP ALL THEIR DISCRIMINATIVE POLICIES.

LETS ALL THE RIGHT THINKING AND FAIR MALAYSIAN WHICH FORM THE MAJORITY OF MALAYSIAN MAKE A CONCERTED EFFORTS TO UNITE AND WITHDRAW OUR SUPPORT FOR MAYBAN. LETS US WITHDRAW OUR MONIES FROM THIS ARROGANT BANKS. IF WE HAVE MAYBAN CREDIT CARDS - DO CUT THEM INTO TWO AND SEND THEM BACK TO MAYBAN. IF WE HAVE FACILITIES FROM MAYBAN - SERIOUSLY THINK OF MOVING IT TO OTHER BANKS (BUT NOT AMBANK UNLESS THEY ALSO DROPS THEIR DISCRIMINATIVE POLICY).
LET US SUPPORT ANY BANK WHICH TREAT ALL MALAYSIA EQUALLY.

LET BRING MAYBAN TO ITS KNEE - WE WANT MAYBAN TO PUBLICLY APOLOGISE TO ALL MALAYSIAN FOR HAVING DISCRIMINATIVE POLICIES AND GIVE A PUBLIC COMMITMENT THAT THEY WILL NEVER HAVE ANY DISCRIMINATIVE POLICY ANY MORE.

DO IT NOW - AND LATEST BEFORE THE END OF MAY. WE WANT IT TO SHOW IN MAYBAN'S NEXT QUARTER RESULTS.


LETS US ALSO STOPP SUPPORTING MAYBAN SHARES. SELL ALL YUOUR MAYBAN SHARES IF HAVE THEM. IF NOT, DO NOT BUY ANY MAYBAN SHARES. LET IS DROP LIKE FLIES!!!!!!!


TOGETHER WE UNITE TO RISE AGAINST AND DEFEAT ALL EVILS!!!!

Unknown said...

Hi,

I think all bloggers who are patriotic Malaysian should highlight the discrminative policy of Mayban (and AmBank).

Maybe all right thinking Malaysian should be asked to seriously consider whether they want to continue banking with such a Bank.
Should we not make out voices heard loud and clear. Should we not seriously consider withdrawing all our monies from Mayban (and AmBank), cut their credit cards into two and returned to them, turn down all their offer of banking facilities and switch our banking facilities to banks which do not practise discriminative policies? Should we not deliver this strong message to Mayban (and AmBank) in such a loud voice to be heard also by others who are practising or intend to practise discriminative policies - so they will stop such disgusting policies?

Think about it and let all of us who belong to the group of right thinking Malaysian highlight and create an action group to fight discriminative policies being practice by any parties.

Consider pls!!!!!