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 Stock Market V38, Return of the B...

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.:BreT:.
post Aug 20 2009, 10:41 AM

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guys, is it possible to move my accounts from one osk remisier to another osk remisier?
zWinceZz
post Aug 20 2009, 10:48 AM

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looks like bear is coming out from the corner already...


mopster
post Aug 20 2009, 10:50 AM

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QUOTE(panasonic88 @ Aug 20 2009, 10:31 AM)
Sealink macam ala movements eh, mopster brows.gif
*
sealink sailed already... bye.gif

hmm CI up but today's volume is lower compared to previous days....
usually by now should have 250+, now only 174m

@jason,
yeah both in O&G but they specialize in different aspect. maybe this will affect the prospect..
Alam does underwater services and ship
while
Dialog on petrochemical tank construction..

there are other factors to consider also like chyaw said per and political link maybe ?

lklatmy
post Aug 20 2009, 10:55 AM

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My observation on gloves:

The recent run up was mainly due to the hyped up on the increase in demand of gloves with the H1N1 outbreak.The price increase of the various glove counters in the last two month ranges from 15% to 100% with the most significant increase seen in Adventa ,Latexx and Supermax.

Assessing the current situation objectively,most of the rubber glove counters are already trading at PE of 15 and above.Forward PE varies, but some company's forward PE are expected to reduce gradually,this is due to expected increase earnings as a result of increase demands.Everyone is increasing their production capacities,will this eventually cause oversupply when H1N1 pandemic recedes?

The excitement on rubber gloves,just like those theme plays that happen in the past in Bursa,will eventually fade off.and I personally already see the fever subsiding now.

I believe that there is not much meat to gain if one were to buy glove counters at the current level,there is actually higher risk of getting stuck at high prices.

I hope my observation is wrong and everyone please do not be influenced.Just ignore what I said and continue with what you are doing.I wish you making lots of $$$$$$$$$$$$$$$$$$$ biggrin.gif

This post has been edited by lklatmy: Aug 20 2009, 11:11 AM
SKY 1809
post Aug 20 2009, 10:58 AM

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QUOTE(lklatmy @ Aug 20 2009, 10:55 AM)
My observation on gloves:

The recent run up was mainly due to the hyped up on the increase in demand of gloves with the H1N1 outbreak.The price increase of the various glove counters in the last two month ranges from 15% to 100% with the most significant increase seen in Adventa and Supermax.

Assessing the current situation objectively,most of the rubber glove counters are already trading at PE of 15  and above.Forward PE varies, but some company's forward PE  are expected to  reduce gradually,this is  due to expected increase earnings as a result of increase demands.Everyone is increasing their production capacities,will this eventually cause oversupply when H1N1 pandemic recedes?

The excitement on rubber gloves,just like those theme plays that happen in the past in Bursa,will eventually fade off.and I personally already see the fever subsiding now.

I believe that there is not much meat to gain if one were to buy glove counters at the current level,there is actually higher risk of getting stuck at high prices.

I hope my observation is wrong and everyone please do not be influenced.Just ignore what I said and continue with what you are doing.I wish you making lots of $$$$$$$$$$$$$$$$$$$ biggrin.gif
*
1001% agree. thumbup.gif notworthy.gif

It is fairly easy to set up a glove plant and the Capex is low.

This post has been edited by SKY 1809: Aug 20 2009, 11:05 AM
mv2r
post Aug 20 2009, 11:01 AM

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QUOTE(.:BreT:. @ Aug 20 2009, 10:41 AM)
guys, is it possible to move my accounts from one osk remisier to another osk remisier?
*
y not?
.:BreT:.
post Aug 20 2009, 11:02 AM

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QUOTE(mv2r @ Aug 20 2009, 11:01 AM)
y not?
*
guys, any osk remisier to recommend? pm me thanks
David_Brent
post Aug 20 2009, 11:13 AM

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QUOTE(espree @ Aug 20 2009, 10:22 AM)
Why is harta keep dropping? overbought?

STI: 2,542.32   +19.54 
HSI: 20,267.39   +313.16 
*
Amazing...HARTA drops KINSTEL rises... hmm.gif
The market is a wonderful thing....


Added on August 20, 2009, 11:14 am
QUOTE(.:BreT:. @ Aug 20 2009, 11:02 AM)
guys, any osk remisier to recommend? pm me thanks
*
I'm with OSK at SS2 and I cannot recommend any of them...... shakehead.gif

This post has been edited by David_Brent: Aug 20 2009, 11:14 AM
SKY 1809
post Aug 20 2009, 11:16 AM

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QUOTE(.:BreT:. @ Aug 20 2009, 11:02 AM)
guys, any osk remisier to recommend? pm me thanks
*
I rather look for one who is learned than Cheap.

There is a very good one in this thread. thumbup.gif

This post has been edited by SKY 1809: Aug 20 2009, 11:17 AM
mv2r
post Aug 20 2009, 11:18 AM

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QUOTE(.:BreT:. @ Aug 20 2009, 11:02 AM)
guys, any osk remisier to recommend? pm me thanks
*
osk remisier recommends stock based on their feeling yawn.gif
zamans98
post Aug 20 2009, 11:20 AM

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Msports under heavy selling pressure, dropped to 0.76!!
lsmpro80
post Aug 20 2009, 11:23 AM

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Huaaaa... msport really selling down ... red alert


Added on August 20, 2009, 11:23 amwhy everybody running.. mostly retail investor ..

This post has been edited by lsmpro80: Aug 20 2009, 11:23 AM
mopster
post Aug 20 2009, 11:24 AM

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QUOTE(zamans98 @ Aug 20 2009, 11:20 AM)
Msports under heavy selling pressure, dropped to 0.76!!
*
did u dump yours this morning ??
panasonic88
post Aug 20 2009, 11:25 AM

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out of curiousity

i typed & googled "bad month for stock market"

this is what i get: OCTOBER!

CODE
October is not a good month historically for stocks and the stock market.
It can be said that the stock market has crashed three times and each of those disasters happened in October


make sure you are aware of this, fellow investors. rolleyes.gif

David_Brent
post Aug 20 2009, 11:25 AM

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QUOTE(zamans98 @ Aug 20 2009, 11:20 AM)
Msports under heavy selling pressure, dropped to 0.76!!
*
I don't understand how a company can IPO at 0.85 and then drop 0.10 in the first day.

Does it mean that all those investors who applied and got the shares at 0.85 suddenly decided to throw the stock and lose 10 cents a share the day that trading started? hmm.gif
lsmpro80
post Aug 20 2009, 11:25 AM

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more than 10 consecutive selling... gosh.. must be something wrong is it?anyone having insider news
David_Brent
post Aug 20 2009, 11:26 AM

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QUOTE(panasonic88 @ Aug 20 2009, 11:25 AM)
out of curiousity

i typed & googled "bad month for stock market"

this is what i get: OCTOBER!

CODE
October is not a good month historically for stocks and the stock market.
It can be said that the stock market has crashed three times and each of those disasters happened in October


make sure you are aware of this, fellow investors. rolleyes.gif
*
Let's abolish October then and call it September V2 laugh.gif
zamans98
post Aug 20 2009, 11:28 AM

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QUOTE(mopster @ Aug 20 2009, 11:24 AM)
did u dump yours this morning ??
*
nope, even at 0.80, losses will be circa 450RM
enji
post Aug 20 2009, 11:28 AM

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QUOTE(panasonic88 @ Aug 20 2009, 11:25 AM)
out of curiousity

i typed & googled "bad month for stock market"

this is what i get: OCTOBER!

CODE
October is not a good month historically for stocks and the stock market.
It can be said that the stock market has crashed three times and each of those disasters happened in October


make sure you are aware of this, fellow investors. rolleyes.gif
*
But normally festival they will goreng a bit right? this month is puasa month, then next month is Raya Month..after that.. October..no festivals..ekkeke wink.gif
panasonic88
post Aug 20 2009, 11:28 AM

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QUOTE(David_Brent @ Aug 20 2009, 11:25 AM)
I don't understand how a company can IPO at 0.85 and then drop 0.10 in the first day.

Does it mean that all those investors who applied and got the shares at 0.85 suddenly decided to throw the stock and lose 10 cents a share the day that trading started? hmm.gif
*
rumour said the shareholders gets a way much "cheaper cost" than the IPO price.

So they can afford to dump, and at the same time, they get fat pockets $$$$$$

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