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 Stock Market V37: Return of the Bull, Part V, Bull vs. Bear

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jasontoh
post Aug 17 2009, 05:08 PM

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QUOTE(teehk_tee @ Aug 17 2009, 05:07 PM)
wooooh i sure hope it doesn't shoot up to 1.50 after i release  doh.gif
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Seems like you are very confident in this counter
jasontoh
post Aug 17 2009, 05:09 PM

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QUOTE(panasonic88 @ Aug 17 2009, 05:08 PM)
LOL LOL!

awww, my overall portfolio recorded a negative profit. all paper gain are wiped out. sob sob.
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Well, your Maybank and Latexx contribute majority of the loss, right?
jasontoh
post Aug 17 2009, 05:12 PM

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QUOTE(zamans98 @ Aug 17 2009, 05:10 PM)
It tomolo megasales, then I will diversify my portfolio to FINANCE.
Cancel the idea of Oily stocks.

Time to consider TA, OSK, Affin, BIMB.. (all below RM2)
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If you want OSK, can buy tomorrow onwards. Today is the last day for OSKVI distribution. Wondering what price would OSK be tomorrow hmm.gif
jasontoh
post Aug 17 2009, 05:16 PM

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QUOTE(mopster @ Aug 17 2009, 05:09 PM)
jason,
I notice dialog is buying back lots of shares (almost 17m now), and since this is the 4th quarter, im hoping for a final dividend or treasury share tongue.gif
report should be out anytime soon..
Also, the price has been steady around 1.17-1.19.. what do u think ?

meanwhile rcecap is a bit kiamsiap la... 0.75cent dividend only.. (after tax)...
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By right 14th August or this week. If give more shares to us, then we have to buy back at lower price. The dividend is laughable for this counter, like giving beggar only. Anyway, long term wise, should be able to hit RM2, if oil price recover


jasontoh
post Aug 17 2009, 05:17 PM

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QUOTE(panasonic88 @ Aug 17 2009, 05:13 PM)
you are very right.

this show that pbbank is a VERY SOLID stock, be happy with yours  thumbup.gif
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I almost make the same decision with you, luckily in the end, I still prefer Pbbank. After the dividend, still earn a bit smile.gif. Waiting for another outstanding result in Q3, and I see Pbbank been doing some share buy back not long ago. hmm.gif
jasontoh
post Aug 17 2009, 05:24 PM

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QUOTE(panasonic88 @ Aug 17 2009, 05:23 PM)
yah hold on to it. look at her today, tarak rasa also even CI fall 20 pts, SOLID!

i'll buy back in Q4, but that's my later plan. maybe oct has big crash, who knows  whistling.gif
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Well, if big crash happens in Oct, I'm sure Maybank and Commerz will go down side by side. Pbbank might tank, but comapre with the other 2, maybe just a little
jasontoh
post Aug 17 2009, 05:26 PM

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QUOTE(cherroy @ Aug 17 2009, 05:25 PM)
Make it a black Monday then, after all September is approaching, bear's favourite month.

But I doubt it could sink as much as 300 points as lately market is quite stable (I could be wrong), as it is something we have not seen quite a long time. Missed that.  wub.gif
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Maybe in the 1st session, see DJ drop like shit, but slowly recovering towards the closing like what happen recently
jasontoh
post Aug 17 2009, 05:29 PM

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QUOTE(teehk_tee @ Aug 17 2009, 05:27 PM)
haha, there's something cooking behind i think.
got confident in short term before TA Global is listed.
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Ooo...hopefully you are right
jasontoh
post Aug 17 2009, 08:19 PM

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Seems like DMC is like Ting Hai hoping for bearish sentiment. Anyway, a correction to the market is normal to make the market stable, as long as it did not hit most of my stocks tongue.gif
jasontoh
post Aug 17 2009, 08:39 PM

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Surprisingly stock market took a dive after some countries announced out of recession
jasontoh
post Aug 17 2009, 08:51 PM

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QUOTE(dreams_achiever @ Aug 17 2009, 08:45 PM)
Because we all believe in "buying on rumours, selling on news"..haha.. cool2.gif
All the news has been priced-in. So just wait for some little retracement..
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Can be the reason also. Then all stocks should rebound back anytime soon? So, hold or just sell or buy more? hmm.gif
jasontoh
post Aug 17 2009, 08:58 PM

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QUOTE(dreams_achiever @ Aug 17 2009, 08:55 PM)
anytime soon? i won't think so.
Look for Dow jones weekly chart. Its been rising for last 4 weeks.
Last week managed to closed -48.67 points. Meaning its just beginning of downtrend.
I foresee it may last for 1-2 weeks. Anyway, i shorting market now..hehe  icon_rolleyes.gif
Just my 2 cents only biggrin.gif
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I see Euro zone is clawing their way back to green/not so red
jasontoh
post Aug 17 2009, 09:01 PM

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QUOTE(debbieyss @ Aug 17 2009, 08:59 PM)
last for 1-2 weeks? Mean it will continue to fall till end of this month? Then it would possibly fall till 1000pt...
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I tot u previously say it is uptrend? Now not so convince anymore? hmm.gif
jasontoh
post Aug 17 2009, 09:32 PM

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QUOTE(danmooncake @ Aug 17 2009, 09:29 PM)
I see a possible 10%-15% retracement for DOW for the next week or so.
Meaning, some of those stocks have been out-performed may also see more pullback.

So.. we been saying that we will depend on China on recovery.  Everybody was bullish about China.
Now, China has been pulling back for the past 2 weeks.. lost over 500 points and it is not done yet.
It has been double top. It is going down!

Therefore, Dow wants to follow China now. 
Dollar has been low and bottom. Dollar going up now!
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Ok...10%-15% is not that scared. Imaging all bourses having 50% correction, now that is one scary thing
jasontoh
post Aug 17 2009, 09:34 PM

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QUOTE(protonw @ Aug 17 2009, 09:33 PM)
Wow, djia heads south, -150...blood bath.
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Dun scared ppl by using the number la. Use the %
jasontoh
post Aug 17 2009, 09:54 PM

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QUOTE(David_Brent @ Aug 17 2009, 09:52 PM)
Look...this is just a little local difficulty.  The markets are going to continue to up-trend because:

1. Cash (worldwide) has nowhere else to go as long as IR are near 0% - and the world is AWASH with liquid cash.
2. Does anyone think that G20 has committed nearly $6 trillion to kick-start their economies just to see the value of the markets decline by 50% (as Jason fears)?
3. YES: KLSE IS different; we are a back-water and buying counters here can be just as much a political decision as an economic one.

This is a GREAT time to buy under-valued assets - if you have 'bullets'

Me? I'm going to send OSK another RM100K in cash tomorrow to make sure I am positioned to collect some bargains from those NUMPTIES who think it's a good time to sell!

icon_rolleyes.gif
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Brother, you so positive in the stocks? Well, then let us join hands and hold on tight for this rough ride
jasontoh
post Aug 17 2009, 10:52 PM

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QUOTE(David_Brent @ Aug 17 2009, 10:51 PM)
That's the whole point.
In western economies - DEBT = WEALTH.
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Without debt and spending, what is going to spur the economy?
jasontoh
post Aug 17 2009, 10:56 PM

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QUOTE(tessei @ Aug 17 2009, 10:54 PM)
HOPE & GREED!!  icon_rolleyes.gif
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If everyone were to save all their money, and just HOPE a better tomorrow, let see how the economy self destruct
jasontoh
post Aug 17 2009, 11:14 PM

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QUOTE(David_Brent @ Aug 17 2009, 11:02 PM)
But - it's not a new concept - is it?
That has been the whole basis of western capitalism since Bretton Woods.... hmm.gif


Added on August 17, 2009, 11:05 pm

Easy.

Cash is simply being "created" out of thin air.by the central banks.

No problem!
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True. Money was never real in the first place
jasontoh
post Aug 17 2009, 11:19 PM

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QUOTE(espree @ Aug 17 2009, 11:14 PM)
Thank you Cherroy and Debbie.

Jason, is bstead still in your wanted list?
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Yup. Planning to consolidate all my stocks to 25%-finance, 25%-plantation, 10%- ONG and 40%-long long term stocks from consumer products etc

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