Steel: Lionind.
Chart 1: Lionind, from 30/07/2009 to 20/01/2010.
As shown on chart 1, price of Lionind retreated after resisted by the RM1.71 level, but it managed to rebound precisely from the 14, 21, 31 EMA, which is still serving as the dynamic support. After rebounding from the dynamic support, price of Lionind re-tested the RM 1.71 level.
As indicated by A, on the 20/01/2010, price of Lionind rose sharply, with its intra-day high reaching all the way up to RM 1.84, marking a 17 months new high. However, profit taking soon took place, and pulled the price back to RM 1.71.
As a result, it formed a long upper shadow candlestick, with huge volume, as circled at B, which suggests that the selling pressure was strong, and the RM 1.71 resistance remains intact.
If price of Lionind should remain resisted by the RM1.71 level, the uptrend for Lionind is less likely to sustain, but still, it has not formed a downtrend yet for it is still supported by the 14, 21, 31 EMA. If price should break below the 14, 21, 31 EMA, it would suggest an end to this rally, thus a signal to take profit or to cut loss.
| Leading PER | 4.22 times | Dividend Yield | 0.61% |
| Dividend | Dividend Yield | Net Profit Ratio | |
| 30/06/2009 | 1 sen | 0.8% | -6.06% |
| 30/06/2008 | 1 sen | 0.38% | 12.43% |
| 30/06/2007 | 1 sen | 0.57% | 4.36 |
| 30/06/2006 | 0.5 sen | 0.52% | -0.29% |
| 30/06/2005 | 1 sen | 0.81% | 8.26% |
Table 1: Lionind, yearly Dividend, Dividend yield, and Net Profit Ratio.
Properties: IJMLand
Chart 2: IJMLand, from 24/09/2009 to 19/01/2010.
As indicated by A, price of IJMLand rebounded from the RM2.17 support level on the 29/12/2009, and tested the RM 2.40 level. Despite closing marginally above the RM 2.40 resistance level, volume did not increased substantially, as indicated by B, thus giving no confirmation to the break out signal.
Nevertheless, price of IJMLand remains above the 14, 21, 31 EMA, and the immediate outlook remains positive bias. But still, the lack of volume remains a major set back.
Technically speaking, if volume should increase with price of IJMLand remain above the 14, 21, 31 EMA, it would be a good signal as chances of price to start rising is high, and it could test the next resistance at RM 2.68 too. However, if price should break below the 14, 21, 31 EMA, it would be an end to the upside biased movement, it would be a signal to take profit or to cut loss. And the next support is at RM 2.17 level.
| 4 Q Rolling PER | 25.97 times | Dividend Yield | 0.00% |
| Dividend | Dividend Yield | Net Profit Ratio | |
| 31/03/2009 | 0 sen | 0% | 7.62% |
| 31/03/2008 | 0 sen | 0% | 14.13% |
| 31/03/2007 | 0 sen | 0% | -2.76% |
| 31/03/2006 | 0 sen | 0% | 9.07% |
| 31/03/2005 | 0 sen | 0% | 9.56% |
Table 2: IJMLand, yearly Dividend, Dividend Yield, and Net Profit Ratio.
Finance: CIMB
Chart 3: CIMB, from 25/09/2009 to 20/01/2010.
As shown on chart 3, price of CIMB broke above the RM 13.30 resistance level on the 8th of January, 2010, touching its new high of RM 13.58 level, and followed by a consolidation. Despite the consolidation, price of CIMB remains supported by the RM 13.30 level. As indicated by A, the 14, 21, 31 EMA is still rising while still supporting the uptrend as well as serving as the trailing stop reference.
Technically speaking, the uptrend for CIMB remains intact and it is only a consolidation of an uptrend. Nevertheless, if price should remain supported by the rising 14, 21, 31 EMA, the uptrend is expected to carry on, and investors could hold on to their positions, until price should break below the 14, 21, 31 EMA, it would be a signal to take profit or to cut loss.
| 4 Q Rolling PER | 20.36 times | Dividend Yield | 1.87% |
| Dividend | Dividend Yield | Net Profit Ratio | |
| 31/03/2009 | 25 sen | 4.27% | 25.22% |
| 31/03/2008 | 25 sen | 2.27% | 31.00% |
| 31/03/2007 | 15 sen | 1.94% | 23.53% |
| 31/03/2006 | 15 sen | 2.63% | 17.51% |
| 31/03/2005 | 15 sen | 3.19% | 18.01% |
Table 3: CIMB, yearly Dividend, Dividend Yield, Net Profit Ratio.
Conclusion:
The overall uptrend for the KLCI remains intact, despite the negative performance across the regional markets. Still, there is always risk in trading, and investors should always equipped with a sound trading plan before taking up any positions, and cut loss if the uptrend should be violated.
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