Steel price drop back.. after few days price up.
http://www.bloomberg.com/apps/news?pid=206...mmodity_futures

Yesterday morning session, Lionind not much movement coz seller outnumbered the buyers. Later in the 2nd session start to cheong up.
I sold off my Lionind at 1.39 for some profit. Might buy back next week if price drop back..

Zamans98, your Sealink doing well... price keeps goin up..
Will it catch up with Dayang?

Dayang given out 7sen divi on 13/3/09 but its price continues to go up..
Good dividen, last year 15/8/08 also gave 7 sen dividen.
http://biz.thestar.com.my/news/story.asp?f...69&sec=business
My remiser recommended me to buy Dayang previously for O&G but i alwys play lionind more..
Might go for Dayang if the price drops abit later.

Very true indeed.
This northern giant panda is playing a very smart strategic chess game in world economy in particular access to scarce resources (not just natural resources). They can get better returns (and low risk and in whatever form) by offering loans, softloans & trade credit facility to many countries including uncle sam, russia, brazil, african countries and malaysia too.

http://www.examiner.com/x-2903-Energy-Exam...PO-oil-pipeline
http://www.bloomberg.com/apps/news?pid=206...id=alq7SrC3bUs4
http://allafrica.com/stories/200803311205.html
http://www.nytimes.com/2007/01/30/world/af...aandafrica.html

The scariest thing is they already have AVAILABLE and ALLOCATED funds for each of the world's regional geography. Indeed they are in a hurry to become the world economic powerful.

Wow oil hit $70 in Asia; I think this will augur well for oil related counters next week
http://article.wn.com/view/2009/06/05/Oil_...hes_70_in_Asia/

This post has been edited by Muliku: Jun 6 2009, 11:34 AM

Is LCL dying? I read from newspaper they have to compensate for some company in DUBAI due to delay in completion in their work. Hmph... Luckily manage to sell mine to 0.69. When it dip down agian isit worth to buy? Hmph..

I read in TheStar Online about the acquisitions of Kurnia Setia by the shareholders http://biz.thestar.com.my/news/story.asp?f...5&sec=businessp . What will the significant impact be on the share price?

If based from the report, it means that the shareholders plan to take the company private, just like what Ananda Krishnan did to Maxis, rite?

So what do we do, assuming that we do not have any shares in the company yet, do we go in or do we stay in the sideline? And if we have the shares already, do we sell?

This post has been edited by nujikabane: Jun 6 2009, 05:12 PM

Yes.

If open lower than the offer price, can buy & earn the difference. If market price higher than offer price (unlikely), can sell for existing shareholders.

Its shareholders will receive cash of RM2.40 per share while warrant holders will receive 90 sen per warrant.

Closing price last thursday 2.20 mom and 0.89 for warrant.

Monday sure ppl will sell higher price.. maybe close to 2.45 coz the 5 sen dividen.

If the selling price goes up to more than 2.45, would the offer price increase or still the same?

Don't think it will go higher. Based on it current price, not much vol also..

Last time when Maxis got offer to privatise.. its price close about 10 -15 sen cheaper from the offer price.
But those who bought have to wait about 1 mths+ to get their money if accepting the cash offer.

quote
Very true indeed.
This northern giant panda is playing a very smart strategic chess game in world economy in particular access to scarce resources (not just natural resources). They can get better returns (and low risk and in whatever form) by offering loans, softloans & trade credit facility to many countries including uncle sam, russia, brazil, african countries and malaysia too.
unquote

If any country thinks that she can just make use of this giant panda( after using the bridge, pull the plank), think twice. They are smart and knows what is beneficial to them and what is not.

I hope the investor must be very careful espically in KLCI .. i have monitor the klci for a month , and why the klci go up is mainly the help of EPF injecting the fund into the market .. I dont believe we have strong foreign fund in the market .. Most probaly the foreign sharks all in HKG now , that why u see Hang Seng is doing very good ...

Dow Jones is putting the globe in a risk .. the US gomen printing too much money .. until the greenback is losing its stake against the euro,yen and even RM .. yesterday US umeployment reach the highest rate since 1983 ... and with the gomen keep bailing out financial company such as AIG .. that will putting the market into a defense mode ..

So advice .. dont be too happy with the KLCI reaching above 1000 points .. monitor closely on the Oil Price .. and remember , the klci going up it is not because of economy recovery is because the EPF injecting fund into the blue chips .. check the bursa share holding changes and you know what I meant .. if you realise top 10 active counters you hardly see blue chips counter ...

This post has been edited by MoonRider: Jun 7 2009, 12:05 AM

Well, ppl keep saying that there'll be correction, maybe go back down to 1,000 points.
My thinking is, if EPF keeps buying and keep supporting the KLCI, then how will the correction come? Without the foreign funds selling down our KLCI, who will sell down the KLCI?

Is Bursa Malaysia open on Monday? Since today Agong b'day on Sat, so is it replacement for banks and bursa?

KLCI is open on Monday.
Here is the list of the days when the Bursa Malaysia are closed :
http://www.bursamalaysia.com/website/bm/ab...r_holidays.html

TQ!

anybody on L&G?

any thought on this counter?

thanks for the opinion..

Most probably will open around 2.3x-2.40. (Taking in account of 5 cents dividend) because you don't trade at 2.40 (ex-dividend price.) Why buy 2.40 if it will be taken private at 2.40 and delisted? which is the main reason.

There is no incentive for people to buy more than 2.40 unless there are people view the privatisation price is too low and want to 'sapu' the stocks then reject the privatisation offer (which is unlikely especially in current market condition).

---

Added on June 7, 2009, 9:53 amMost probably will open around 2.3x-2.40. (Taking in account of 5 cents dividend) because you don't trade at 2.40 (ex-dividend price.) Why buy 2.40 if it will be taken private at 2.40 and delisted? which is the main reason.

There is no incentive for people to buy more than 2.40 unless there are people view the privatisation price is too low and want to 'sapu' the stocks then reject the privatisation offer (which is unlikely especially in current market condition).



This post has been edited by cherroy: Jun 7 2009, 09:53 AM

anything can happen, the market can be crash monday!!!! normally the market will crash when many ppl beliave it will up further, and market up when many ppl believe will it will crash. I to hope market CRASH and also market UP.

This post has been edited by sampool: Jun 7 2009, 10:26 AM

market going up we scare to jump in, market going down we also scare to jump in, how like this?

of cos you're not scare, you're so experience can whack the tiger until sleep on the ground.
take care of us and protected us, you're our leader now, dun disappointed us ahh....

i think depends on market sentiment
you have pelikan too?
since last month I buy/sell a few times mostly make KFC meals
still holding some which didn't sell when >1.28