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 Stock Market V31@V28d: Bull vs. Bear, Welcome all Big Sharks & Ikan Bilis

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chyaw
post Jun 23 2009, 05:25 PM

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I don't think Zelan will give dividend this year...
It is losing money, but I see bright future in it (long term).

QUOTE(panasonic88 @ Jun 23 2009, 05:20 PM)
hehehe so many hidden dragons in lyn laugh.gif

i am waiting for zelan to announce div!!! 2009 havent give a single cents yet, hmmm.

anyway, i am on the boat wif ya, chyaw.
not the cheapest price, but still relatively discounted since the recent peak.

alivecmh, not looking into that 2, not so familiar except knowing that they are super goreng counter. i am ready to pick up & hold my Zelan biggrin.gif
half work, half see real-time, half blow water in lyn. biggrin.gif
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chyaw
post Jun 23 2009, 05:33 PM

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My wife favourite is Michael Smith! tongue.gif
I'm the white mice for her testing! cry.gif

QUOTE(panasonic88 @ Jun 23 2009, 05:31 PM)
yah they did poorly on their past 2 quaters.
so we are both Zelaner... yeww, sounds weird.
i am also a fans of AFC. Jamie Oliver, my love lust.gif

user posted image
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chyaw
post Jun 24 2009, 09:03 AM

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LCL fly due to good news! Yeah!
chyaw
post Jun 24 2009, 09:08 AM

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For those swing traders, it is good to read bursa announcement at the end of the day everyday, then you may able to pick up some thing to "swing" either bad news or good news

QUOTE(sampool @ Jun 24 2009, 09:05 AM)
FATTAT lol. smile.gif
----------------------

7177           
CALL ON ADVANCE PAYMENT BOND 

DESIGN, SUPPLY & INSTALLATION OF INTERIOR FIT-OUT WORKS FOR TIARA UNITED TOWERS
IN DUBAI (THE PROJECT)  CALL ON ADVANCE PAYMENT BOND (APB)
Reference is made to the earlier announcement dated 11th June 2009, whereby LCL
Corporation Berhad (LCL or the Company) had announced that the issuing bank of
the APB provided by LCL Interiors Contracting LLC (LCLIC) to Arabtec
Construction LLC (Arabtec), the Main Contractor of the Project, had made the
payment amounted to AED25,400,389 to Arabtec pursuant to their claim. LCLIC had
earlier received an advance payment of AED39 million from Arabtec being 25% of
the contract sum.
SETTLEMENT
The Company is pleased to inform that, on 22nd June 2009, LCLIC and Arabtec has
resolved the final account in relation to the Project and reached a full and
final settlement with regards to the disputes in relation to the Project
amicably.
Pursuant to the said settlement, Arabtec shall refund to LCLIC the balance of
AED5,443,024 being the difference between the final payment to which LCLIC is
entitled and the claim amount on the APB. Accordingly, it was further agreed
that the APB and the Performance Bond provided by LCLIC to Arabtec in relation
to the Project shall be cancelled and the civil suit instituted by LCLIC
against Arabtec shall cease accordingly.
FINANCIAL EFFECTS
The financial effects on the above settlement are as follows :
a) An estimated revised net cash flow impact of approximately AED19,957,365
(equivalent to RM19,264,046) to the Group as compared to AED25,400,389
(equivalent to RM24,192,093) previously reported;
b) A decrease of net gearing ratio to 2.89 times as compared to 2.92 times
previously reported (currently at 2.75 times based on audited financial
statement for the financial year ended 31 December 2008);
c) A  profit recognition of AED3,304,376 (equivalent to RM3,189,581) instead of
loss recognition of AED3,096,012 (equivalent to RM2,948,735) previously
reported;
d) An improvement on Earnings Per Share to RM0.1278 as compared to RM0.0755
previously reported;
e) An improvement on Net Asset Per Share to RM0.99 as compared to RM0.95
previously reported.
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chyaw
post Jun 24 2009, 10:06 AM

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Hi guys,
Pic below is some comparison of glove companies in M'sia in terms of financially.

user posted image

This post has been edited by chyaw: Jun 24 2009, 10:08 AM
chyaw
post Jun 24 2009, 10:11 AM

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Sorry... I'm not good in putting photo...
Anyway, you guys can read the research paper on Kossan as attached. The info is inside.

QUOTE(lonewolf @ Jun 24 2009, 10:07 AM)
chyaw..too small kenot see
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QUOTE(debbieyss @ Jun 24 2009, 10:08 AM)
sangat kecil.....  sweat.gif
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This post has been edited by chyaw: Jun 24 2009, 10:12 AM


Attached File(s)
Attached File  Kossan_20090624_Initiate.pdf ( 297.38k ) Number of downloads: 18
chyaw
post Jun 24 2009, 10:15 AM

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Uchitec where got fly?

QUOTE(moorish @ Jun 24 2009, 10:09 AM)
what I learn from my short experience in share market, when you treat share like gambling you may make money but you will also lose money. I'm trying hard to go in shares like an investor. (but behind I'm quing PMINDWA rclxms.gif )
TGOFFS and Uchitec yawn.gif
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chyaw
post Jun 24 2009, 10:20 AM

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I post Kossan research paper not because it is a good company. I do it to show when research paper do peers comparison, Harta always stands out from the rest (go to page 17).

QUOTE(freddie @ Jun 24 2009, 10:17 AM)
kossan and topglove both are good companies...

but i still like harta more. smile.gif
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Added on June 24, 2009, 10:22 amIf KLCI drop to 1000, you may not dare to enter... icon_idea.gif

QUOTE(debbieyss @ Jun 24 2009, 10:15 AM)
that's why i veli hope it falls till 1000pt then i can sapu all stocks and "re-invest"..... hehehe

i wanna start my brand new life again......
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This post has been edited by chyaw: Jun 24 2009, 10:22 AM
chyaw
post Jun 24 2009, 10:23 AM

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You're one of the swing traders! rclxms.gif

QUOTE(panasonic88 @ Jun 24 2009, 10:22 AM)
CI cheong cheong

i sold my Zelan into rallies. enough to treat my families for Transformer 2 + buying popcorn & cokes laugh.gif
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chyaw
post Jun 24 2009, 10:33 AM

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short term it won't work as not many people know what Harta does...
for long term, Harta should have better future and more potential upside in price. I stick to Harta as my only gloves counters. Oh yes, last time I also bought top glove @3.50! brows.gif

QUOTE(freddie @ Jun 24 2009, 10:28 AM)
ya i noticed that. in theory harta is still undervalue but theory doesnt always work in the market.

but really, kossan is nice, steadier than topglove... which reminded me i still have some topglove avg price RM8.80!!  mad.gif
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chyaw
post Jun 24 2009, 10:39 AM

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So, you're no longer Harta shareholder?
Next week, dividend will reach my pocket! brows.gif

QUOTE(freddie @ Jun 24 2009, 10:36 AM)
ho ho ho... i bought at ipo and almost wanna cut them when it dropped to 1.50... then slowly accumulated around 1.35+.

now i am not rich now because i sold most of them at 2.8x to fund my wedding.  cry.gif
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chyaw
post Jun 24 2009, 11:36 AM

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Green, just switch off the trading platform as nothing "wrong" with my counters. Red, need to jaga a bit lar and also thinking of switching REITs to growth counters.

QUOTE(sharesa @ Jun 24 2009, 11:28 AM)
Everybody in dilemma, thinking deeply whether to sell or hold laugh.gif
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chyaw
post Jun 24 2009, 11:40 AM

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Fundamental is ok, but a bit pricey even at IPO price...
I'm quite sure it is director goreng. If not, where can get so much volume yesterday?
I really doubt Bursa system, why Samchem didn't receive UMA!!!

QUOTE(nujikabane @ Jun 24 2009, 11:36 AM)
LOL samchem, first IPO for the year seems to be doing good tongue.gif
Fundamentally strong or got directors goreng the stock, lol
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chyaw
post Jun 24 2009, 12:35 PM

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I'm refering to overall...
I only got this 3 REITs. I choose them as their dividend yield is very attractive during the time I bought them. Others you can refer to below link:
http://mreit.blogspot.com/


QUOTE(protonw @ Jun 24 2009, 11:42 AM)
hmm.gif what counters?  Harta........... hmm.gif By the way, which reits is good besides Axreit, Atrium and Hektar?
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chyaw
post Jun 24 2009, 03:42 PM

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Drop until nothing more to drop jor...
Might be good for short term play? hmm.gif Any ideas? I'm not good in short term...

QUOTE(panasonic88 @ Jun 24 2009, 03:40 PM)
Compugates become "defensive" counter recently. CI drop kaw kaw, it stays at the same, with +0.005 or -0.005 difference. rolleyes.gif
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chyaw
post Jun 24 2009, 04:02 PM

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Now I got some cash in hand jor. Just sold some of my Litrak. Hopefully can sell off all of them. Then tomorrow see how... Maybe ask for tips from moorish.
chyaw
post Jun 24 2009, 04:16 PM

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For short term play, yes! Need some fun, else too boring. yawn.gif
QUOTE(protonw @ Jun 24 2009, 04:12 PM)
You also need tips kah  brows.gif
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chyaw
post Jun 24 2009, 04:19 PM

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I thought short term play is like that. Get some peanut then chicken run! tongue.gif
My long term play up 50% still yawn.gif

QUOTE(panasonic88 @ Jun 24 2009, 04:17 PM)
the fun started since yesterday afternoon, when oil rebounded from 66 to 68. you alerted us. buy & keep the stock over nite, today can sell at a hetfy profits jor biggrin.gif

i did that on KNM & Zelan... just that i kiasi, grabbed my money and left the table too early.
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chyaw
post Jun 24 2009, 04:21 PM

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I'm just planning to take 5K for this kind of fun only mar. smile.gif

QUOTE(omores @ Jun 24 2009, 04:18 PM)
Hahaha dont la, you are like a rock to me. Don't stray from the path!!! Hahahhaha.
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chyaw
post Jun 24 2009, 04:31 PM

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Actually, partially joking. Short term is something that I'm not good at... Anyway, put some money in Fajar-wa. I was aiming it when the price was higher than current. So, mid term wise, I think I got it cheaper than if I bought it earlier this month...

QUOTE(protonw @ Jun 24 2009, 04:27 PM)
me see him say need tips also di gan ken. He is joking.  I know he has something in mind. right CH?
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