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Kian Ann recently made a new high at 40 cents , n pulled after that . It pulled back three days to form a small flag formation , n broke out of this formation on the fourth day with increasing volume . It may go to 45 cents if the measuring is correct .
chtan5751 ( Date: 20-Sep-2012 12:08) Posted:
| Hi , bought 100 lots at 0.38 on 17-9-12, , wanted to sell 100 lots at 0.39 yesterday , but only 62 lots done..Dividend $0.82 will paid on 31-10-12 no best...still can buy if a price below 0.38. cheers... |
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Hi , bought 100 lots at 0.38 on 17-9-12, , wanted to sell 100 lots at 0.39 yesterday , but only 62 lots done..Dividend $0.82 will paid on 31-10-12 no best...still can buy if a price below 0.38. cheers...
Kian Ann made a low at 10 cents in Oct 2008 , it started its uptrend very slow to reach 22 cents in Sep 2009 . Coming down for a consolidation n touched 16 cents in May 2010 . In most of the times between May 2010 and 2012 , it seldom broke the resistance at 22 cents , until July this year , its directional movement index made a valid positively cross n ADX starting to rise . Breaking the resistance at 22 cents n also broke out of the long term right- angled triangle formation , it rapidly went up to 36.5 cents . Because the surge was too fast , therefore it pulled back to 32 cents for a technical correction . From there it started to advance again , yesterday it has already reached 39 cents .
Current edition of ShareInvestor has a detailed write up on KiannAnn. Over last 5 years has managed about 50% CAGR, even better that Berkshire! consistent improvement in revenue, opertaions etc...for long term though, slow and steady.
Yesterday was driving along AYE marin bay, saw all those cranes and heacy machinery...could not help wondering where they get all the spare parts---Kian Ann? It seems no matter who wins which contract, KianAnn stands to win!
So the SI conclusionmay have a real fundamental basis on my observations! Any comments?
Not bad at all. Kian Ann managed to close unchanged at 24cts!
At 23cts, Kian Ann is a steal! Too bad it is linked to the construction sector where the kateks are hammering the counters hard to try and make money from them.
The funny thing is, Kian Ann does not have the sand problem
Looks like there is accumulation going on at 24cts
I too agree with tuntan8888 that Kian Ann is way undervalued at these price levels. Well, buy in at the lows now and wait for the price to appreciate further. Afterall, when the past construction boom was in full swing in the late 1990s, Kian Ann was trading in the region of
65cts. 
Today is the tail end of the T+4 contras who bought in 100lots and cannot hold. The rest were all small transactions, so expect the price to go up from today onwards. Get in cheaply
I feel that Construction stocks are still poised to rise much higher due to the construction recovery and boom for the next 3 years. The building of the 2 IRS, islandwide infrastructure development, private and commercial property development and redevelopment will stand the construction sector in good stead. Just as an example, Yong Nam was trading around 46cts in the late 90s during the last construction boom.
Thus, if you worry about construction counters due to the sand issue, don't fret. It is a small issue. Anyway, you can also leverage on those engineering companies who sell their heavy construction equipment and spare parts to the construction industry. They make good $$$ and no sand issue to worry about. Kian Ann Engineering is one of them. Kian Ann was trading around 65cts in the last construction boom circa 1999 as well. Plus points include yearly dividends and special dividends, and potential for price to cheong strongly up!
Mr crumbs how come your posting the words so small wan? You use wat font? Can next time use bigger font? Very hard to see leh :P
Kian Ann Engineering is a construction related counter that need not face the Indo sand ban problem (although the sand issue is just a temporary problem).
This counter is an undervalued gem waiting to be noticed. Kian Ann Engineering doesn't need to factor in the sand issue, and yet capitalises on the construction boom instead. 
If you want a safety net, this counter also pays you dividends and give you specials as well.
This safe and boring stock which will come into focus the coming weeks once players shed off their speculative fervour and concentrate on counters with earnings and dividend yields. 
Sleeping Giant mai ? More like a dwarf to me! Cheers!
Looks bad on AC/Dist &Chaikin charts. But using 13MA, can accumulate at 21c.
Hi tuntan8888
How do you arrive at > $0.60?
Hi tuntan8888
How do you arrive at > $0.60?
Volumes are really bad on this penny stock. TA people should avoid
Ya boy! Just drove past the building, big, gleaming, modern looking, near the Expo and ITE....looks like worth quite a bit if REIT'ed!
Heavily undervalued on PE & P/NTA & despite construction boom & forthcoming demand for its heavy equipment/spareparts businesses. Once this giant wakes up it will bulldoze to > $0.60. Moreover its huge premise @ 7 Changi South could be sold to REITs to free up cashflow.
