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 Stock Market V34: Return of the Bull, Part II, Malaysia Boleh!! 1200 is coming

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David_Brent
post Jul 20 2009, 02:35 PM

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QUOTE(debbieyss @ Jul 20 2009, 02:33 PM)
i think i'm too reckless then  blush.gif
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My problem is that I got the right stocks but at the wrong price rclxub.gif
David_Brent
post Jul 20 2009, 02:38 PM

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PBB and COMMERZ neck and neck now.... icon_idea.gif
David_Brent
post Jul 20 2009, 02:39 PM

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QUOTE(jasontoh @ Jul 20 2009, 02:37 PM)
My current situation is in dilemma whether to sell or continue holding it until the REAL BULL is running wild
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You're a fairly sanguine kind of a chap....when do you think we will see the REAL BULL?
And how will be recognize it?
David_Brent
post Jul 20 2009, 02:42 PM

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QUOTE(teehk_tee @ Jul 20 2009, 02:40 PM)
still watching astro. -14sens now.
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Watching ASTRO on the Bursa Trading Screen is MUCH MORE FUN than watching ASTRO on the TV laugh.gif icon_idea.gif
David_Brent
post Jul 20 2009, 02:53 PM

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QUOTE(dsugums @ Jul 20 2009, 02:50 PM)
FAJAR converting their warrants quite a lot lately and also buying back their shares. Not sure what is cooking with themĀ  hmm.gif
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Oh! Thanks for that information. Can anyone throw some light on what this might mean?
I've got 7000 units of FAJAR under the bed for a rainy day.
Hoping they will get the LCCT contract - or part of it. hmm.gif

Maybe they're buying their shares 'cos no one else will laugh.gif

This post has been edited by David_Brent: Jul 20 2009, 02:55 PM
David_Brent
post Jul 20 2009, 02:57 PM

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QUOTE(teehk_tee @ Jul 20 2009, 02:55 PM)
if it's like YTL, where the directors are exercising their warrants, then that might signal that the directors are buying indirectly.

If it's just normal exercise of warrants i don't see anything that sticks out.
FAJAR's on a downtrend now, even it's volume is on a downtrend. waiting for a while.
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Thanks for the helpful insight rclxms.gif
Guess it'll stay under the bed for a while longer till someone takes an interest in it. brows.gif
David_Brent
post Jul 20 2009, 03:00 PM

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QUOTE(panasonic88 @ Jul 20 2009, 02:57 PM)
oh yes ayam back!

this thread soared 4 pages since my last visit at 20 min ago!

as for Astro... oh poor thing, biggest trap for the week!
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One glance at your screen told you the whole story! brows.gif
David_Brent
post Jul 20 2009, 05:37 PM

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QUOTE(moorish @ Jul 20 2009, 05:04 PM)
aiyooo I just came in, my MK 0.415 I didnt sell sweat.gif  tomoro my ting ting day
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Keep it till it hits 0.50.
Not long now.... drool.gif
David_Brent
post Jul 20 2009, 05:50 PM

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QUOTE(cherroy @ Jul 20 2009, 05:44 PM)
This angpow every three months, not per year one lor.  thumbup.gif

That's why I like it dividend play, don't need to do anything like everyday need to think until head burst which stock to goreng, how much to buy, when to sell, how much to sell etc. Scare tomorrow will drop etc etc.
Just blowing water in lyn, then waiting cheque coming every Q.  laugh.gif 

It can go beyond 1.70 now.
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I hope to join you soon. Just sent more cash to OSK today.

Will start a second portfolio this week called "The Heart Attack Avoidance Fund" just to hold REITS and a few safe high yielding counters. Going to start with HEKTAR, ATRIUM and AXREIT icon_idea.gif
David_Brent
post Jul 20 2009, 07:12 PM

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QUOTE(.:BreT:. @ Jul 20 2009, 06:48 PM)
me too... 100 lots,.... plus my "long term" saag and scomi ahhahaa..... -.-"
hope can throw at profit level for both the long term counter smile.gif
zamans98, u still holding both?
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laugh.gif
I know what you mean - I also got "long term" saag and scomi - although that wasn't the idea when I bought them hmm.gif


Added on July 20, 2009, 7:14 pm
QUOTE(ABC2020 @ Jul 20 2009, 06:55 PM)
yeah thumbup.gif , tomorrow buy more... oil us 70 is coming soon.
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Hope oil at USD70.00 will also give my OILCORP and KENCANA some colonic irrigation... icon_idea.gif

Sick of seeing them taking up space on my screen....... hmm.gif

This post has been edited by David_Brent: Jul 20 2009, 07:14 PM
David_Brent
post Jul 20 2009, 07:20 PM

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QUOTE(ABC2020 @ Jul 20 2009, 07:17 PM)
you invest in all oil counter ah.  notworthy.gif
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Trying to dump DIALOG as well.... brows.gif
My diet definitely too 'oily' hmm.gif
David_Brent
post Jul 20 2009, 07:22 PM

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Those purchases could mean for short term speculation, but ending up as long term when prices fall.
We call them " long term " due to accidentally purchase.


That's exactly what I mean as well doh.gif
David_Brent
post Jul 20 2009, 07:24 PM

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QUOTE(teehk_tee @ Jul 20 2009, 07:23 PM)
wah. too oily not good for health. try some health food. HOVID lol.  tongue.gif
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Was just looking at that actually....
Thinking of IRIS.... hmm.gif
David_Brent
post Jul 20 2009, 08:05 PM

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QUOTE(SKY 1809 @ Jul 20 2009, 07:56 PM)
Once out of the woods, you may not be able to catch it.

It is like those waiting for CI to fall to 800pts, but it jumped above 1000pts.
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I think that those waiting for the CI to fall to 800 pts will have a long wait! laugh.gif
Where's DoomCake?
David_Brent
post Jul 20 2009, 09:20 PM

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QUOTE(yang yang @ Jul 20 2009, 08:55 PM)
From Nextrade blog
WTIC has rebounded off its horizontal line support of USD60 last week. However, it is likely to trade in the USD60-70 band for a while (say, for the next 2 weeks) before rising further. One can see that the 20-day SMA will be cutting below the 50-day SMA soon- a mildly negative development. Nevertheless, WTIC is still trading above its rising 100-day SMA and with that I believe the uptrend is still intact. A break above the recent high of USD74 will signal the continuation of the prior uptrend.
rclxms.gif
Guess tommorow , everybody will buy oily food  smile.gif
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Oily Food??? I got lots I wanna sell!
rclxm9.gif
David_Brent
post Jul 20 2009, 09:26 PM

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QUOTE(teehk_tee @ Jul 20 2009, 08:50 PM)
I'm not dissing your info but I'm more concerned by the amount of inventories that developers are holding, how much properties are they releasing into the market, and how good is the take-up (apparently better than expected). Until last month I've had word that developers are still postponing some of their property launches in hope of better demand in the future, some reinnovated their property loans like SPSetia, and turned out to be a fab idea.

Since sales of some suburb residential areas are healthy, and high rise apartments in the city are doing so-so. I'd still give it some time, maybe about a month like i said, just to clear things up. The couple of developers I'm looking at in particular are SPSetia, and Eastern & Oriental.

http://star-space.com/news/story.asp?file=...17057&sec=pnews

no doubt, the market's improving. but my entry time will be when we're not totally out of the woods yet, but when the fog clears a little. There's still an air of uncertainty at the moment. and i hope there's a little more direction in about a month's time.  icon_rolleyes.gif

wait. maybe not even in a months time. lol.
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I totally agree with you. There is a HUGE overhang of high-end properties either on or coming to the market very soon. Especially in Golden Triangle. Mont Kiara is in the toilet IMHO.

NO ONE is going to pay RM1K per square foot and above.

Median residential properties in the 500K to 1 million bracket should do OK.

David_Brent
post Jul 20 2009, 09:33 PM

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QUOTE(danmooncake @ Jul 20 2009, 09:23 PM)
Guys,

We going to break the resistance level (S&P: 950, DJ: 8800) with this momentum up.  More positive news continues to
pour in this week - GS just raised S&P level to 1060, CIT group got loan break (shares pop up), HGSI successful trial for
their lupus drug (shares pop up 3x).. and finally, Bernanke going to testify and traditionally everytime he speaks, it has always been positive.  8 out of 24 companies reported last week beaten estimates, others met and less than 15% failed.

If we break through and maintain, the resistance will become support. 
The bears cannot win this week.  biggrin.gif

Although, I still believe we will pull back but the positive news keep coming in, the bears have little enough ammo left to do much damage.  This market is too upbeat during this earnings season.  A lot of short coverings are actually pulling this market higher and we have not see big institutional buying yet.
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As always a very valuable contribution from DMC. notworthy.gif
Thanks to you for taking your time to provide us with your insights. thumbup.gif
David_Brent
post Jul 20 2009, 09:37 PM

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QUOTE(SKY 1809 @ Jul 20 2009, 09:33 PM)
In Investment , it is not across the board. Not all banks do well like PBB.

Be selective.
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That's why I made particular reference to Golden Triangle and Mont Kiara.
Doh! blush.gif
David_Brent
post Jul 20 2009, 09:42 PM

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QUOTE(teehk_tee @ Jul 20 2009, 09:39 PM)
lol debbie how'd you know i'm in UK. still in malaysia still in malaysia. laugh.gif
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1,000 posts! rclxms.gif
Congratulations.
David_Brent
post Jul 20 2009, 09:47 PM

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QUOTE(debbieyss @ Jul 20 2009, 09:44 PM)
blink.gif

But i truly hope tomorrow is green
else i will be going to Holland again
not much bullets left to go there already....
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Ah Long maybe can help?? brows.gif
rclxm9.gif

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