cont from V28

topic title amended on request

This post has been edited by fergie1100: Jun 5 2009, 05:16 PM

Yo 2nd post

I think plantation stocks may face a flattish period. FCPO price is very low now. Been dropping, not following crude oil or soybean at all. Some of reasons is probably due to India imposing import duty (India big consumer of palm oil products). Will have to wait and see before sailang now.


Haha delete 29 alltogether la. What's this aka aka business or should i put angry face before you change. LOLOL

This post has been edited by omores: Jun 5 2009, 05:18 PM

so fast zoom.....

hungry ... boss, i mau maggie goreng tambah telor!

V29...Hope KLCI like the thread...Keep increase.

our thread URL tells something?

http://forum.lowyat.net/topic/1053535 <--- hhmmm...

how come i got no chance to open thread one!!!

i'm been waiting since V22.. now already version 29

i tot nobodi dare to open v29 after waited so long
soli boss

Must cut Q next time

NEO I wanna ask why you sell TGOFF? I'm very kiasu hehehehe

Can ask moderator change thread URL? We need more "ong" number....53535...Hai...

Haha we are so kiasu.

KLCI has move above its 9 years P/E average of 16.7 base on 2009 earnings.

My guesstimate is chance of correction is coming.

I'm moving away from High beta stock to low beta stock.

I'm not selling all my TGOFF completely..

but i think upside is limited

bb v28 my fat fat fat

agree with Neo18. market has been rallied from 8xx pts to 10xx pts in 3 months time. i am always being caution for any possible pullback, too, yet still need to know how to play along with the wave.

stock market is a piece of art.

Hope this is not a Korea War thread again.

How come this thread like in the wrong location in LYN? Shouldn't it be above with the previous v28?

Not to complain, but its not at the usual place...

Ooooopss.....After I write, then it got "promoted"...Sorry sorry

This post has been edited by VyvernS: Jun 5 2009, 05:36 PM

Wow..... everyone is here~~

me still holding but on TGOFF-WB..... so if u going to sell, let me know first ar

Unless the missile fire into the wrong direction, else also not that much impact on us...

the word u're looking for is sticky / pinned. onli moderators can do it

Hahaha....Ok...Thanks la, Baronic....Me not so well verse in forum terms......Pai seh, pai seh...

long time no c htt

I go away awhile only and I'm on page 2?!

Long time no see...
Busy recently...

Sign of economical recovery on the way.

Also sign of less time for market

reporting in page 2.. wah.. u guys so fast.. MKLAND.. go go go..

market is testing 38.2% fibo - 1077 soon .... can it surge pass ?

Najib 100 days catalyst ?

Invest Malaysia 2009 run ?

Reporting in for V29. today is a good day. Most of my counters are green.

Some people still waiting for Chin Peng to come back, with lot of hope

This post has been edited by SKY 1809: Jun 5 2009, 06:09 PM

genting touch rm6!!

checking in.
so fast new thread. this is a sign off bull la.

im holding IOI, TP at RM 5

I sell I let you know

NEO when you sell you let me know ah

DJ futures pop up higher tonight.

US unemployment number claims for May is less than expected but total percentage
has surged above 9.4%.

Market look past unemployment numbers and surging ahead again.
Very counter-intuitive.

Oil pops above $70 now..

Oh well., it seems to be green again for this weekend.

This post has been edited by danmooncake: Jun 5 2009, 08:41 PM

me too except 3 counters

DJ pop, oil pop, everything pop even though unemployment rising because.... the unemployed people turning to the stock/commodity/whatever to make money.

Checking in to V29 ! LOL the thread number, ahhaha

Sooner or later, reality will kick in.. unemployment will need to be reduced for true economic
growth. Market cannot go up all the way. I think this market now is a bit overbought.
We will see another pullback soon.

Time to prep up for short list for next week trade.

---

Added on June 5, 2009, 9:19 pmHa! When the whale sells, the ticker could be down 2 ticks already, by the time you got
the info, the ticker could be down 4 ticks.

To beat the market, you have to be front runner, not follow.



This post has been edited by danmooncake: Jun 5 2009, 09:19 PM

What is yr avg price ?

signing in ~~~

signing in V29 aka V28B!! hahah!!!

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

SAPCRES fans

Good news!

As per proposed in the meeting,

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

For those on TM boat.




Attached File(s)
 TMLatest.pdf ( 893.33k ) Number of downloads: 94

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

Forget already, when did Najib become Prime Minister?

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

http://www.theedgemalaysia.com/business-ne...-says-musa.html

thanks for the info.....I just bought TM share early today ...

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.

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

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.

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.

Don't think the market recovery have much to do with Najib, other market without PM change also up by similar magnitude...

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

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

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

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

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~

Good. You can buy it in the lot of every 5000 continue.

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

Didn't notice Dayang until you mention it... Anyway, just found out that Naim is the major shareholder for Dayang. Since I'm holding some Naim shares, I hope Dayang will contiune to prosper! FYI, Dayang is the first O&G company from Sarawak listed in main board (info from Naim annual report that I just read)!!!

We've the 7th victim but yet KLSE continue rocket up, seem no rasa

http://www.reuters.com/article/hotStocksNe...E55507020090606

By Edward Krudy
NEW YORK (Reuters) - U.S. stocks may get a lift next week as regulators are expected to name the first round of banks allowed to repay bailout funds. The move could feed hopes that the banking system is stabilizing further.

But widespread skepticism over the sustainability of the recent rally from 12-year lows in March remains as bears keep looking for signs of economic weakness.

The wild cards in the coming week include the jump in the price of oil, now near $70 per barrel, and the leap in U.S. Treasury bond yields, with the 10-year note's yield near 4 percent.

Investors also will sift through a government report on May retail sales and data on consumer sentiment for clues about the state of mind of consumers, whose spending accounts for two-thirds of U.S. economic activity.

"From the market's point of view, the repayment of TARP (bailouts) is a big positive in that it shows that private equity is available and capable of coming in and funding the banks," said Marc Pado, U.S. market strategist at Cantor Fitzgerald & Co, in San Francisco.

But even though the repayment of money from the $700 billion Troubled Asset Relief Program is seen as an important psychological step, there are also concerns that the banks may repay the money too soon while selective repayments may stigmatize some lenders.

"The potential negative is that people start looking at it and saying these guys have been able to pay it back, but other people haven't," said Doug Roberts, chief investment strategist at Channel Capital Research in Shrewsbury, New Jersey. "There could be a concern that the government will have to go back in again."

There is also concern that the repayment of TARP may rob the economy of money that could be lent to consumers and businesses.

The S&P 500 index .SPX is up nearly 40 percent since a hitting a 12-year closing low on March 9, largely on hopes of an economic recovery. But indexes have drifted since early May as investors look for more catalysts to drive the market.

In a historic turn of events on Wall Street, General Motors (GM.N)(GMGMQ.PK) and Citigroup (C.N) will lose their place in the blue-chip Dow industrial average .DJI on Monday, marking a fall from grace for two once venerable American corporations.

SPOILER MAY BE OIL NEAR $70

Steadily rising oil prices have started to cause concern, with some investors worried that higher prices may put pressure on the all-important consumer, dampening the speed of a recovery. Crude futures jumped to a seven-month high above $70 a barrel on Friday before falling back to settle down 37 cents, or 0.5 percent, at $68.44 on the New York Mercantile Exchange.

John Praveen, chief investment strategist at Prudential International Investments Advisers LLC in Newark, New Jersey, said that "when you are getting too close to the $70 range, you begin to wonder whether the rise in oil is going to start being a burden for the economy."

Trends in oil prices will be a factor in Wednesday's report on the international trade deficit for April and Friday's data for May on import prices and export prices.
The Federal Reserve's Beige Book, an anecdotal report from the Fed's 12 districts, will shed some light on the economy's health when it's released on Wednesday afternoon.


WORRY OVER RISING BOND YIELDS

Similarly, rising Treasury yields, which reached as high as 3.9 percent on Friday, marking the loftiest level in more than six months, are causing concern that consumers and businesses may face higher borrowing costs.

Investors will watch the results of a 3-year note auction on Tuesday and a 10-year note auction on Wednesday to gauge investors' appetite for swallowing ever increasing government debt.

"We have seen bond yields back up over the last couple of weeks and if they keep going up, there is growing concern that that could short-circuit the recovery," added Praveen. "If the recovery becomes questionable, then you might see a pullback in equities."

Stocks finished the week with gains, with the Dow Jones industrial average .DJI up 3.1 percent, the Standard & Poor's 500 Index .SPX up 2.3 percent and the Nasdaq .IXIC

up 4.2 percent.

May retail sales, due on Thursday, are expected to show an increase of 0.5 percent including auto sales, compared with April's drop of 0.4 percent. Excluding auto sales, May retail sales are seen up 0.2 percent, compared with April's fall of 0.5 percent.

A preliminary reading for June from the Reuters/University of Michigan consumer sentiment index is due on Friday.
"Investors will continue to watch to see if economic data is improving," said Michael Sheldon, chief market strategist of RDM Financial in Westport, Connecticut. "The trend over the past few months has been encouraging, but there is still a long way ahead before we can say that the economy is growing, and it's growing on a sustained basis."

This post has been edited by viper88: Jun 7 2009, 04:40 PM

Hmmm..... anything to look forward to this week? Have been quite busy lately... no time to goreng any stocks....

Have a question, guys - how much are you invested currently? 70%, 80%, etc?

99.99%

Hmm.. goreng Talam, Johan, Muiind, Keuro?


TA-WB already out ... those got at 0.005 and sell at 0.01 or 0.015 sure happy..fat profit sia.
TA.. those got it at 1.02/1.03 den shoot up to 1.09/1.10... also can make good money.

My remiser say if want to gamble for those stock, pump in about 10-20K,
He recommend talam to me few weeks back coz most popular due to news play..

Talam.. tat time only 0.10 .. might shoot up soon if out from PN17.

Others ..

Johan shoot up to 0.38 tat day.. sumthing is cooking this counter.. the secret recipe is not in yet...

MuiInd - Najib fren counter.. 0.20+/- entry

Keuro oso shoot up 0.455.. entry 0.37 +/-

If market bad, drop 10% lost den cut...

Too bad.. i dun dare play those counters.. only play Astro..
Those goreng stock are high beta risk... market plunge.. drop alot. so be careful.

---

Added on June 7, 2009, 9:54 pmMe 35% only.

This post has been edited by viper88: Jun 7 2009, 09:54 PM

So one's optimistic while the other's cautious.

I'm really on the fence. I want to go at least 80% in next week because scared of missing out on further rallies, but at the same time am worried that a correction could happen anytime. Sigh!

I'm only about 40% in stocks..... my risk appetite is very low so gonna stay at the sidelines for a while....

If KLSE was around 800-900, then I don't mind gorenging those stocks. However, at current levels, I don't even dare look at them!

The only stocks I might go for is Lionind if it drops......

Sold off most of my stocks except for Uchitec, Qcapita, Hektar and TM...... mainly for long-term investment....

Someone say pull back happen May. But till now still shut-up. So already enter 80%.

Many people, including me, was expecting that too. Miss lots of boats because of that....

BTW, I think you meant "shoot up" and not "shut up".

105%... overstock.. lol