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Stock Market V29 aka V28B, farewell to V28
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VyvernS
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Jun 12 2009, 03:16 PM
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QUOTE(omores @ Jun 12 2009, 03:14 PM) Hahaha, they really protect Mas man. I think not a typo. It's called sabotage. Hahahaha. But mas loss not as much as I expected (i tot RM1p/share), so I think your stock price wont plunge like crazy la. Probably they did sell some asset after all  Still I think you should sell as high as you can on Monday and don't touch this counter anymore. Ya....better drop it on Monday. It was a RM560mil loss on derivative probably on the hedging, whilst another operating loss of RM140mil....I guess kena swine flu, wrong side hedging, economy recession bring it down... At first so happy, thought it was 41sen gain. Mana tahu on close inspection, miss out () pulak....den become 41sen loss....hahaha This post has been edited by VyvernS: Jun 12 2009, 03:17 PM
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VyvernS
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Jun 12 2009, 03:19 PM
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QUOTE(cherroy @ Jun 12 2009, 03:17 PM) Everyone knows even MAS itself has been saying will report some significant losses due to oil hedging loss. When I saw forumer posted about profit time, I puzzled  Bursa site showed up without the ()....Catch folks unawares. Den if they didn inspect again, jia lat...Monday buy in, drive the price up, I sell with happy profit...Hahaha
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VyvernS
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Jun 12 2009, 03:20 PM
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QUOTE(virtualgay @ Jun 12 2009, 03:17 PM) who knows MAS fly on Monday le...? That may be true....It could be the latest in the trend of "Less Bad is Good". Everyone expecting Rm1-2 billion loss in the hedging. Mana tahu is ONLY RM500million. So still acceptable and can continue to buy.
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VyvernS
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Jun 12 2009, 03:29 PM
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QUOTE(cherroy @ Jun 12 2009, 03:26 PM) Airliners stocks only can trade, not suitable for long term holding due to 1. Business is cyclical in nature, anything bad happening (terrorist), fuel cost, flu can easily make them vulnerable to significant losses and could be in trouble. You need just one event that can sink them. 2. Business is run in high depreciation cost, a idle plane can means loss of million per month. You don't have enough passenger already can doom. The word is "enough'. Got customers is not good enough, must have high passenger rate. 3. Inability to pay generous dividend as all airliners company are running at high cashflow burning rate one and with high debt and borrowing in general. Planes simply expensive in both initial cost and maintenance. Look at history of all airliners stocks, seldom there are airliners stocks that can let you hold 10-20 years or so which make one rich or make a lot of money out of it. Even the like that running at efficient one like SIA, it shares performance is underperform than other old fashioned dividend stocks. Just my view. Don't mean necessary correct. Thanks, cherroy, for the the explanation!
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VyvernS
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Jun 12 2009, 03:58 PM
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MAYBANK break 6.00 YIPPPEEEE!!!!! Maintain maintain to close above will be cantik!
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VyvernS
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Jun 12 2009, 04:04 PM
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QUOTE(moorish @ Jun 12 2009, 04:03 PM) I'm banging my head on the table and wall now  Aiseh....You are not alone bang head.....
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VyvernS
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Jun 12 2009, 04:50 PM
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it is now preparing for OCP
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VyvernS
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Jun 12 2009, 04:53 PM
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TOP - Theoretical Opening Price, OCP - Opening/Vlosing Phase TAL - Trade Price at Last Aiseh...KLCI close at 1.19 up only. Above 1090. Next week 1100! Hai....mine 4 green and 4 red counters today...Never mind go catch movie tonight after Nandos dinner.  Everyone have a good weekend! Maybe next week good show to see. This post has been edited by VyvernS: Jun 12 2009, 04:56 PM
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VyvernS
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Jun 13 2009, 12:52 AM
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[quote=omores,Jun 13 2009, 12:45 AM] Added on June 13, 2009, 12:46 amKhairy J. no longer in power now Najib camp is in power. If he was, Air Asia might be able too. Remember the routes swapping? LOL.  Anyhow don't think even Air Asia would even be able to get any loans for only 10% stake amount. Nobody wants to touch Airlines now. Too much guts, maybe no glory. Cannot lah...AirAsia still can take loan ah? Debt already 8 billion ringgit. Want to buy MAS also i think bank won't approve them...Hahaha..
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VyvernS
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Jun 13 2009, 12:59 AM
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QUOTE(omores @ Jun 13 2009, 12:57 AM) That's why i said i DON'T think EVEN air asia would be able to get any loans. This is withstanding the fact that they are banker's darling, I always get surprised each time they manage to get more money to buy more fleet.  LOL. Hahaha....You are right! They always seem to be able to keep getting more and more money from the bank until now soooooo much loans.... Up late monitoring NYSE?
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VyvernS
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Jun 13 2009, 01:26 AM
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QUOTE(naz_b_85 @ Jun 13 2009, 01:14 AM) What happened to the Guinness drought plan? Go gym just come back? Or already back from mamak nite out?
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VyvernS
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Jun 13 2009, 01:32 AM
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QUOTE(naz_b_85 @ Jun 13 2009, 01:29 AM) Friday and Saturday night I get to relax Went for a nice dinner at Tony Romas and caught a movie...but we all end up back in here don't we?  Hahaha...  yup, back here juz checking out how DJ is doing before calling it a night.
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VyvernS
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Jun 13 2009, 01:46 AM
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QUOTE(naz_b_85 @ Jun 13 2009, 01:35 AM) Another less clear day for Dow. KLCI very expensive at this level for me. Sure there are still some counters that can shoot based on developments like Puncak but fundamentally I think most are overpriced for now given the economy. We've ran ahead already and there's not much more to go imo. Ya...Oil slipping on profit taking. DJ is mostly flat this week. If it does not go up or down today, it barely moved the whole week when the initial expectation was for it to go up. I think folks are being cautious. Not much direction. KLCI is up until 1090. Correction should be due soon, but then we have been waiting for it the whole of 1.5 months.  Hope MAS does not drag the CI down too much on Monday. I am only holding on to what I have now and not buying anything new. Most of my counters are dividend plays, waiting for them to come June & July. But if there is a correction in the market, i may sell those profitable ones to go into cheaper long term counters. Hitting the sack now, badminton game in the morning. Enjoy your weekend.
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VyvernS
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Jun 13 2009, 03:39 PM
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QUOTE(nujikabane @ Jun 13 2009, 03:26 PM) Thanks for providing me the link to check dividends, and I've checked the link. So, to get the dividends, one must hold the shares at the ex-date, right? It doesn't matter when it was announced or the date of dividend payments, right? To: wankongyew....this is also another link you may find useful: http://www.icapital.biz/english/dividenddisplay2.aspHi nujikabane..nope, you should be holding them on the day prior to ex-date. On the ex-date the share price will be decreased. Yes, it does not matter when it was announced or when the payout will be. You need to hold the shares BEFORE the ex-date.
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VyvernS
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Jun 13 2009, 03:52 PM
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QUOTE(nujikabane @ Jun 13 2009, 03:45 PM) So, if I take your link as reference, Daya had announced on 8th June abt the dividend, and the payment date will be on 20 July, ex-date being on 19th June. So only the ex-date should be taken into account, right? So, it's 19th June, and one has to have the shares before that date, i.e 18th June? Correct. After ex the share price will be revised. Take a recent example of Telekom's capital repayment. Prior to ex-date on 26 May, price is 3.80 at closing. On the ex-date 27 may, it dropped to 2.82 after capital repayment. So only those who had the shares on 26 May will get the 0.98 cap repayment, then see a drop is share price on their holdings to 2.82. Those who come in on 27 May will not get the cap repayment but able to buy TM shares cheaper. This post has been edited by VyvernS: Jun 13 2009, 04:00 PM
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VyvernS
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Jun 13 2009, 04:08 PM
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QUOTE(nujikabane @ Jun 13 2009, 03:57 PM) Was about to edit the last reply to include this question: What does it mean by "Entitlement Subject" ? First & final TE Final + special Interim Not really sure. Here are some links: http://financial-dictionary.thefreediction...nterim+dividendhttp://financial-dictionary.thefreediction.../final+dividendTE is tax exempt. Some have 25% tax on them. This post has been edited by VyvernS: Jun 13 2009, 04:13 PM
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VyvernS
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Jun 13 2009, 08:43 PM
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Wah...Moorish...What is this Uchitard? Look like combination of Uchitec and Whittard (famous Coffee brand in UK). Hehehe...  Added on June 13, 2009, 9:29 pmBy the way, off thread a bit, since this thread is KLSE. I noticed a thread about Trading in US, but its not about what is good to buy in NYSE. Is there a discussion thread on that? What is good to buy in NYSE? This post has been edited by VyvernS: Jun 13 2009, 09:29 PM
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VyvernS
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Jun 14 2009, 01:48 AM
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QUOTE(sharesa @ Jun 14 2009, 12:56 AM) hope Tanjung continue its uptrend  Hmm...You catch it at 13.00 izzit? I think there are those out there hoping for 12.50/12.80....Like me... I am already in the boat, earlier bought around 13.60...So dropping further would be averaging down. Perhaps some "folks" may push it up to compensate for what is coming from MAS......  otherwise KLCI may nose dive.
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VyvernS
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Jun 14 2009, 09:47 PM
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QUOTE(omores @ Jun 14 2009, 07:55 PM) MAS has a 1.0293% weight in KLCI basket of 100 stock. There are 99 other stocks that holds 98.07% power in deciding whether KLCI is green or red. When MISC who has a 6.8184% weight in the KLCI, was losing a tonne of money oso no effect on KLCI, will MAS show so much effect? Also, note that EPF have been buying small sums of MAS the last two weeks, eventho it's everyone's knowledge that MAS is losing big in hedging.  I think we are going to look at a Malaysia boleh on Monday, but I could be wrong. What will ultimately affect the KLCI is if a big number of retail investors got spooked and start throwing their shares together-gether in all/ heavily in some counters with weight in determining the KLCI index like MISC, SIME (6.7785%), PBB (6.464%), Tenaga (5.5422%), Maybank (5.3058%), IOICorp (4.8167%), Commerz (4.3109%), Petronas Gas (4.112), Digi (3.4137%), Genting (2.9208%), PLUS (2.9307%), BAT (2.6625%), TM (2.832%) plus 87 other such counters including MAS. If I was the EPF, I would probably either support MAS from dropping further / goreng the higher weighted counters to offset MAS's effect.  If u are holding good fundamental counters now, i wouldn't worry yet. Thanks....Omores, this is good information. Agreed that MAS alone will not able drive KLCI down. There are still very many more companies that actually contribute to the weightage.  I believe like you do, Omores, that Monday will have Malaysia Boleh! 1100 Mari mari mari! This post has been edited by VyvernS: Jun 14 2009, 09:50 PM
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