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 Stock Market V28, YI FATT = easy rich!!

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cherroy
post May 28 2009, 03:01 PM

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QUOTE(panasonic88 @ May 28 2009, 02:49 PM)
that's why AdamG advised us to LONG commodities?

which means, crude oil price will surging? will that bring benefits to plantations?
*
It is a difficult catch right now. We don't know where the economy is heading, and situation of consumers and stimulus effort, recover is intact or not. That's why market is flat and nor moving much and stuck in tight range.

Commodities surging lately is not due to demand picking up (instead demand is still in shrinking or flatting scenario) but due to speculation and hedging of cheap money around.

Ordinary or plantation company will benefit if high price x high amount sales = total revenue.

But you have high price but low amount of sales at the moment, then goodness of high price might not total benefitting the plantation company.

You previously monthly sales is Rm1.00 x 10,000 items = 10K and with cost at 0.90, so profit 1K

Now price become 2.00 but cost become 1.80 (due to oil price rising blar blar) and with loweer item sales of 5K unit, so you still make the same profit of 1K.

So in this kind of scenario, company didn't benefit from the higher price, eventually share price might not move much.
zamans98
post May 28 2009, 03:01 PM

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TM nut.. dying painfully and slowly. Haih...
omores
post May 28 2009, 03:04 PM

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QUOTE(zamans98 @ May 28 2009, 03:01 PM)
TM nut.. dying painfully and slowly. Haih...
*
Haih, i got 250k shares... cant even afford to average down, cos need at least RM50k to make a difference in average price. smile.gif
panasonic88
post May 28 2009, 03:05 PM

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market like now, sell oso wrong, buy oso wrong.

kek sim!
jgchoo
post May 28 2009, 03:05 PM

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QUOTE(zamans98 @ May 28 2009, 03:01 PM)
TM nut.. dying painfully and slowly. Haih...
*
its not dying, just resting... since last few weeks run too hard liao... biggrin.gif


Added on May 28, 2009, 3:06 pm
QUOTE(panasonic88 @ May 28 2009, 03:05 PM)
market like now, sell oso wrong, buy oso wrong.

kek sim!
*
agree, but selling 50% resort on 2.72 biggrin.gif

This post has been edited by jgchoo: May 28 2009, 03:06 PM
omores
post May 28 2009, 03:07 PM

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PKFZ report going to come up soon, 3.30 pm. Will this affect the market? I think will be quite bad... tales of corruption anyways...
zamans98
post May 28 2009, 03:08 PM

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QUOTE(omores @ May 28 2009, 03:07 PM)
PKFZ report going to come up soon, 3.30 pm. Will this affect the market? I think will be quite bad... tales of corruption anyways...
*
wat report is tat?? sounds dodgy hmm.gif
virtualgay
post May 28 2009, 03:08 PM

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QUOTE(omores @ May 28 2009, 03:07 PM)
PKFZ report going to come up soon, 3.30 pm. Will this affect the market? I think will be quite bad... tales of corruption anyways...
*
what is PKFZ?
AdamG1981
post May 28 2009, 03:08 PM

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No volume in cash market. Dow futures +12

cherroy
post May 28 2009, 03:09 PM

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QUOTE(panasonic88 @ May 28 2009, 03:05 PM)
market like now, sell oso wrong, buy oso wrong.

*
Then sitting in the middle doing nothing must be right liao, can't all three also wrong kua. tongue.gif


Added on May 28, 2009, 3:10 pm
QUOTE(virtualgay @ May 28 2009, 03:08 PM)
what is PKFZ?
*
So big issue, don' know meh.
Port Kelang Free Zone (something like that).

This post has been edited by cherroy: May 28 2009, 03:10 PM
omores
post May 28 2009, 03:11 PM

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PKFZ, port klang free zone. First project supposed to cost only 2.5 billion, then 4.3 billion, then now they say need 12 billion due to interest rates.

Ong Tee Keat on hot stones because he supposedly try to delay showing the reports 2 weeks or 1 month back.
protonw
post May 28 2009, 03:11 PM

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QUOTE(cherroy @ May 28 2009, 02:51 PM)
Always got next year.  tongue.gif

Yup, 35 cents + 55 cents.

This year 105 cents total.

Lastest profit figure down quite a lot, a bit worry for next year special dividend will be cut severely. Still at 50 cents dividend, it is 2x better than FD.

It is free stock now if hold more than 10 years or so, the power of dividend.
*
cherroy, how to convert it to dividend in RM if i hold 1000 shares notworthy.gif
omores
post May 28 2009, 03:12 PM

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Damn Maybank really went down to RM5! I didn't even check cos I tot won't get. Alyo, match adee my order cry.gif

Hey, where got go down to 5? at most 5.10 only mah. ***, and only 10 lots matched. Someone playing tricks again. AIYO, really irritated by the stupid irritating ppl who do odd lots.

This post has been edited by omores: May 28 2009, 03:14 PM
cherroy
post May 28 2009, 03:13 PM

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QUOTE(protonw @ May 28 2009, 03:11 PM)
cherroy, how to convert it to dividend in RM if i hold 1000 shares notworthy.gif
*
Don't need convert lah.

Just sitting at home, waiting the snail mail that got cheque inside sending to you, aka doing nothing.
jgchoo
post May 28 2009, 03:13 PM

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QUOTE(protonw @ May 28 2009, 03:11 PM)
cherroy, how to convert it to dividend in RM if i hold 1000 shares notworthy.gif
*
1000 share get rm900 dividend before tax
virtualgay
post May 28 2009, 03:14 PM

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QUOTE(omores @ May 28 2009, 03:12 PM)
Damn Maybank really went down to RM5! I didn't even check cos I tot won't get. Alyo, match adee my order  cry.gif
*
good la... average down ma...
AdamG1981
post May 28 2009, 03:14 PM

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Omores, your orders all done. biggrin.gif

jgchoo
post May 28 2009, 03:15 PM

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QUOTE(omores @ May 28 2009, 03:12 PM)
Damn Maybank really went down to RM5! I didn't even check cos I tot won't get. Alyo, match adee my order  cry.gif

Hey, where got go down to 5? at most 5.10 only mah. ***, and only 10 lots matched. Someone playing tricks again. AIYO, really irritated by the stupid irritating ppl who do odd lots.
*
how to buy @ 5 when market is 5.1? can sell me some? drool.gif
cherroy
post May 28 2009, 03:15 PM

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QUOTE(omores @ May 28 2009, 03:12 PM)
Damn Maybank really went down to RM5! I didn't even check cos I tot won't get. Alyo, match adee my order  cry.gif
*
Maybank got 5.00 today? I taught 5.10 is the lowest trade until now, or my computer screen wrongly liao.
panasonic88
post May 28 2009, 03:15 PM

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QUOTE(omores @ May 28 2009, 03:12 PM)
Damn Maybank really went down to RM5! I didn't even check cos I tot won't get. Alyo, match adee my order  cry.gif

Hey, where got go down to 5? at most 5.10 only mah. ***, and only 10 lots matched. Someone playing tricks again. AIYO, really irritated by the stupid irritating ppl who do odd lots.
*
i tot u queue at 4.90?

lowest 5.10 only mah. ala hantu?

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