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 Stock Market V29 aka V28B, farewell to V28

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kb2005
post Jun 5 2009, 09:25 PM

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QUOTE(cks @ Jun 5 2009, 06:53 PM)
im holding IOI, TP at RM 5  biggrin.gif
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What is yr avg price ?
jgchoo
post Jun 5 2009, 09:34 PM

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signing in ~~~
virtualgay
post Jun 5 2009, 09:51 PM

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signing in V29 aka V28B!! hahah!!!
nujikabane
post Jun 5 2009, 09:57 PM

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Hahahhafor th whole week Kbunai closes at RM0.09, just now it goes up to RM0.10, quickly sell my 150,000 units of shares, hahahah made some peanut money, lol . I fed up with Kbunai already, terkedek-kedek gerak macam itik like dat, haha

This post has been edited by nujikabane: Jun 5 2009, 10:02 PM
panasonic88
post Jun 5 2009, 10:23 PM

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Good news! biggrin.gif

As per proposed in the meeting,

They're distributing Single-tier Final Dividend of 3 Sen Per Share, ex 29/7

viper88
post Jun 5 2009, 10:24 PM

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For those on TM boat.




Attached File(s)
Attached File  TMLatest.pdf ( 893.33k ) Number of downloads: 94
alfredfx
post Jun 5 2009, 10:45 PM

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prolly Najib wants it to sustain until his 100days ?


Added on June 5, 2009, 10:46 pmobama => 6100 -> 8500 = 40%

KLCI 800 -> 1120 = 40%

Najib's legacy

This post has been edited by alfredfx: Jun 5 2009, 10:46 PM
nujikabane
post Jun 5 2009, 11:03 PM

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Forget already, when did Najib become Prime Minister?
mynewuser
post Jun 5 2009, 11:12 PM

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Dear all, do this piece of news will improve any counter in our bursa?

http://www.theedgemalaysia.com/business-ne...-says-musa.html
kellyC
post Jun 5 2009, 11:29 PM

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QUOTE(viper88 @ Jun 5 2009, 10:24 PM)
For those on TM boat.
*
thanks for the info.....I just bought TM share early today ... blush.gif
danmooncake
post Jun 6 2009, 12:08 AM

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QUOTE(mynewuser @ Jun 5 2009, 11:12 PM)
Dear all, do this piece of news will improve any counter in our bursa?

http://www.theedgemalaysia.com/business-ne...-says-musa.html
*
The reality of the fact is Malaysia is upbeat about China but China is not really upbeat about Malaysia.
IMO, China trades with Malaysia is minuscule compares to other countries.
China investment in Malaysia is only about US135 million compared to Malaysia investment in China
is about US1.4 billion. Yes, Malaysia needs China more than China needs Malaysia now.

China investments in Malaysia brings few jobs whereas Malaysian companies investment in China brings more
jobs over there. Only those multinationals profit more and they're keeping their money in China at the moment.

Truth of the matter is Malaysia govt over all these years has been ignoring China
and only until lately because of this economic down turn when US/Europe are not buying as much,
Malaysia has no choice but to face the 800 pound gorilla in this neighborhood.

Will this Gorilla notice or is he playing lip service to the new administration in Malaysia?
Like others, Malaysia can join at the end of the line knocking at China door begging for investments and businesses. shakehead.gif

This post has been edited by danmooncake: Jun 6 2009, 12:23 AM
David_Brent
post Jun 6 2009, 01:02 AM

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QUOTE(danmooncake @ Jun 6 2009, 12:08 AM)
The reality of the fact is Malaysia is upbeat about China but China is not really upbeat about Malaysia.
IMO, China trades with Malaysia is minuscule compares to other countries. 
China investment in Malaysia is only about US135 million compared to Malaysia investment in China
is about US1.4 billion. Yes, Malaysia needs China more than China needs Malaysia now.

China investments in Malaysia brings few jobs whereas Malaysian companies investment in China brings more
jobs over there. Only those multinationals profit more and they're keeping their money in China at the moment.

Truth of the matter is Malaysia govt over all these years has been ignoring China
and only until lately because of this economic down turn when US/Europe are not buying as much,
Malaysia has no choice but to face the 800 pound gorilla in this neighborhood.

Will this Gorilla notice or is he playing lip service to the new administration in Malaysia?
Like others, Malaysia can join at the end of the line knocking at China door begging for investments and businesses.  shakehead.gif
*
100% agree with DMC. Good post.

But Najib didn't spend four days there - along with all his MCA/Gerakan coalition buddies and assorted hangers-on - for no reason.
He was obviously on a sales trip. But - for what?
O&G contracts? Automotive?

If we could figure out his angle in this trip and identify the counter that may benefit we could make some moola. Sime, it ain't. IMHO.

Najib is not dumb comercially: he's trying to place Malaysia between the Arab/Muslim/Islam world as a favoured cousin/investment destination but he also realises that the "800 pound" Panda to the North has everyone by the goolies - if it wants.

Getting the scales to balance is the 'art' of politics. hmm.gif
danmooncake
post Jun 6 2009, 05:31 AM

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Weekend debrief:

Well, seems like DJ did end up a few points higher at Friday closing. But, NASD lost a few points.. but NASD still ends up higher this week due to the run up by Apple (AAPL). Good old AAPL, can't bet against this company - now that Steve Jobs is coming back.

Oil did went up higher intially and cross over $70 mark but back down quickly. Mostly because USD didn't tank this time but remains in positive territory against the EU and GBP. Overall, I believe Oil still kinda high (closed above $68) with plenty of inventory at world market. IMO, this temporary surge in commodity Oil price won't last.. and we'll see a correction shortly.

How's this will translate to commodity stocks for KLSE next week? Dunno yet.. KLSE usually have to wait until Tuesday (which I'm sure some people here hates) to seek further direction.








htt
post Jun 6 2009, 08:55 AM

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QUOTE(alfredfx @ Jun 5 2009, 10:45 PM)
prolly Najib wants it to sustain until his 100days ?


Added on June 5, 2009, 10:46 pmobama => 6100 -> 8500 = 40%

KLCI 800 -> 1120 = 40%

Najib's legacy
*
Don't think the market recovery have much to do with Najib, other market without PM change also up by similar magnitude... blink.gif
SKY 1809
post Jun 6 2009, 09:39 AM

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QUOTE(htt @ Jun 6 2009, 08:55 AM)
Don't think the market recovery have much to do with Najib, other market without PM change also up by similar magnitude...  blink.gif
*
Yes, 100% agree with you.

HK surges more than 50% .

STI is doing pretty ok.

Bursa only up less than 30%.

Some more people say too high odeli.

Maybe they may want to depress the market to about 900 pts and buy hmm.gif

This post has been edited by SKY 1809: Jun 6 2009, 11:28 AM
alfredfx
post Jun 6 2009, 09:44 AM

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then u need to understand who is pulling up the market. any foreigners ? all local players .. who is the biggest players ? check the papers and you will know ... global econ provides the theme and of course you need ppl to goreng .. same like 2001-2003


Added on June 6, 2009, 9:44 amhistory pattern, human behavior and information are 3 most important stuff .. good luck

This post has been edited by alfredfx: Jun 6 2009, 09:44 AM
SKY 1809
post Jun 6 2009, 09:49 AM

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Of course, people talking about the bears since 850 pts, the bear surely would come one day.

But some stocks odeli up 100% , since the repeating sayings ( of the bear market ) days in days out., and not getting tired ?


Do not think of many opportunities you miss since the 850 pt days , than the bear you are always fearful of ?

By the way, foreign ownership in Bursa listed cos is about 31% ( figure given by Bursa boss last week ). So cannot claim there is no FF in Malaysia.

This post has been edited by SKY 1809: Jun 6 2009, 11:29 AM
mynewuser
post Jun 6 2009, 10:37 AM

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Pelikan dropping this 2 day. Is it normal for most of the stock. After one day shut up. Next few day drop?
seanlel
post Jun 6 2009, 10:51 AM

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QUOTE(mynewuser @ Jun 6 2009, 10:37 AM)
Pelikan dropping this 2 day. Is it normal for most of the stock. After one day shut up. Next few day drop?
*
I am looking at this counter... Is it good time to buy now? haha~ rclxms.gif
mynewuser
post Jun 6 2009, 10:58 AM

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QUOTE(seanlel @ Jun 6 2009, 10:51 AM)
I am looking at this counter... Is it good time to buy now? haha~ rclxms.gif
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Good. You can buy it in the lot of every 5000 continue. rclxms.gif

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