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 Stock Market V38, Return of the B...

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TSVyvernS
post Aug 19 2009, 10:42 AM, updated 17y ago

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Continued from this thread...

http://forum.lowyat.net/topic/1125244/+2500

Mr. Moderator, please pin..TQ.
TSVyvernS
post Aug 19 2009, 11:06 AM

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QUOTE(danmooncake @ Aug 19 2009, 10:59 AM)
Wow! So soon.. new thread?

TS:
Is this your title: Return of the BEARtongue.gif
*
Hahahaha.....I've left it in limbo: is it BEAR OR BULL

tongue.gif
TSVyvernS
post Aug 19 2009, 11:09 AM

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QUOTE(panasonic88 @ Aug 19 2009, 11:04 AM)
Alam qtr report will be out soon. anticipating a good one.
*
Yes..yes...this is what i read too.....Alam report expect good.
TSVyvernS
post Aug 19 2009, 11:19 AM

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Are we lack of water supplies or what? Hmm..Puncak Niaga up 12 sen today so far. icon_idea.gif

Still eyeing Bstead - did not reach 3.6 or less yet. vmad.gif

PLUS Expressways got news that privatisation proposal has been submitted.. hmm.gif

This post has been edited by VyvernS: Aug 19 2009, 11:20 AM
TSVyvernS
post Aug 19 2009, 11:26 AM

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QUOTE(panasonic88 @ Aug 19 2009, 11:24 AM)
me guess!!! 13.80!! tongue.gif
*
13.80 would be my price too...Currently this is also my ABP for Mr Rambutan.
TSVyvernS
post Aug 19 2009, 11:28 AM

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Anyone any news on Puncak? On the up and up today.... hmm.gif
TSVyvernS
post Aug 19 2009, 01:52 PM

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QUOTE(panasonic88 @ Aug 19 2009, 01:44 PM)
Msports kaput, first trading session closed 0.035 sens below IPO.

now at 0.815

i should be gladful that i SL mine huh. sweat.gif
*
Good good rclxms.gif At least will keep you focused on other counters than Msports..

By the way, I think Boustead will have quarterly report this week. Normally, it will be this week. If the report is good, do you think the share price will up further? Hmm...

Its now 3.62, i may jump in half of my allocation first and see later. hmm.gif
TSVyvernS
post Aug 19 2009, 02:27 PM

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QUOTE(panasonic88 @ Aug 19 2009, 02:18 PM)
omg, the jinx wednesday!

shanghai SSEC 2,800, lai ba!

dow future is getting reddish! -51.00

THIS MORNING IS A TRAP!!!
*
Ha...Wednesday is the day to buy then, and sell on Thursday....Heheheh biggrin.gif
TSVyvernS
post Aug 19 2009, 02:41 PM

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QUOTE(panasonic88 @ Aug 19 2009, 02:35 PM)
told you, makcik fatimah sells cheaper laugh.gif
*
I wanna buy from Pak Ananda...got ah? 13.80 mari mari...Please.. tongue.gif
TSVyvernS
post Aug 19 2009, 02:48 PM

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QUOTE(panasonic88 @ Aug 19 2009, 02:44 PM)
ahhh sibeh tempted to buy Boustead at 3.60 >.<
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Aihhhh....i cannot believe this....My system hang...

I ady q for bstead at 3.62 now not show up at all. It just stuck as an unmatched order. WTH..... doh.gif Calling remisier...calling remisier...... mad.gif
TSVyvernS
post Aug 19 2009, 02:59 PM

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Pana - I move ahead with the plan ady.....1/2 of allocation bought for Boustead - 3.60.

Now monitor if can break 3.60 and next purchase will be 3.50.
TSVyvernS
post Aug 19 2009, 03:15 PM

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BUY BUY BUY....this market must BUY!!!!

Errmm...hehehe....maybe wait 1 - 2 more days...Friday may see further selling...then BUY BUY BUY
TSVyvernS
post Aug 19 2009, 03:28 PM

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QUOTE(mopster @ Aug 19 2009, 03:23 PM)
with EPF, PNB, Tabung Haji, Tabung Tentera, controlling most of KLCI, it is less volatile imo..
i think by 3% they will Halt trading liao... LOL
*
I quite agree with Mopster...Hahaha biggrin.gif

We have powerful people holding lots of interests here....So, i think dropping 5-7% would be prevented by our own Agensi Pam Perlindungan. tongue.gif

Aiyah....this from Bloomberg....What a lousy Iron & Steel company in China....Cause worldwide & regional sell off. But if give us opportunity to BUY.
Hahah biggrin.gif

Quote from Bloomberg:

European and U.S. stock-index futures fell and Asian shares retreated as China’s Maanshan Iron & Steel Co. posted a second straight half-year loss and copper dropped. The Shanghai Composite Index entered a bear market.

Maanshan fell 7.7 percent after announcing a 795.4 million yuan ($116 million) net loss for the first half. BHP Billiton Ltd. slid 1.5 percent in Australia as lead, tin and nickel slipped on the London Metal Exchange. Telekom Austria AG will probably move as profit at the country’s biggest phone company trailed analysts’ estimates for the second quarter.

Futures on the Euro Stoxx 50 Index slid 0.7 percent at 7:52 a.m. in London. The U.K.’s FTSE 100 Index is set to open 24 points lower, according to inter-dealer broker BGC Partners. Standard & Poor’s 500 Index futures expiring in September slipped 1 percent, while the MSCI Asia Pacific Index decreased 0.7 percent.

China’s Shanghai Composite Index fell as much as 5.1 percent, a 20.5 percent retreat from this year’s high on Aug. 4. Maanshan dropped 7.7 percent to 4.80 yuan. A slump of at least 20 percent on an index is commonly defined as a bear market.

Worst Drop

U.S. and European stocks rose yesterday, helping global equities rebound from the worst drop since April, following better-than-estimated earnings at Home Depot Inc. and Target Corp. and an increase in German investor confidence.

BHP slid 1.5 percent to A$36.71. Copper retreated 2.3 percent on the LME.

Telekom Austria may move. Net income dropped to 82.3 million euros ($116.5 million), missing the 84.1 million euros estimated by analysts surveyed by Bloomberg.




TSVyvernS
post Aug 19 2009, 03:43 PM

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QUOTE(David_Brent @ Aug 19 2009, 03:36 PM)
The psychology doesn't stack up to me when those selling at 14.30 know full well they could have sold at 15.xx (ex-divvy) only a matter of days ago hmm.gif
*
I very agree. Those who willing to sell of at 14.xx could have sold at 15.xx then. It actually reached 16.00, and I asked around whether I should dump it. I decided not to and it is back to 14.xx. I am still holding on to it, and waiting to wallop some more below 14.

Perhaps others have different trading methods that i don't "ming bai". rolleyes.gif
TSVyvernS
post Aug 19 2009, 03:47 PM

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QUOTE(chyaw @ Aug 19 2009, 03:42 PM)
I don't think Maybulk will be doing well... BDI not performing and DBS expect more downtrend...
*
There was an article about BDI should have good future...Hmm...

http://klsestockcomment.blogspot.com/2009/...en-reasons.html
TSVyvernS
post Aug 19 2009, 03:48 PM

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PLUS holding up well too. smile.gif
TSVyvernS
post Aug 19 2009, 03:50 PM

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QUOTE(David_Brent @ Aug 19 2009, 03:47 PM)
That's what I'm waiting for as well.
As soon as I think it's bottomed out (for this period) I will do a smash and grab raid on it....
The fundamentals of the stock are exactly the same at 13.xx as they were at 16.00 and they will be when it gets to >18.00.

Unless there's some 'news' I'm missing.
*
http://www.topnews.in/bill-gates-looking-p...-greece-2200032

Maybe AK wants to put in a bid for the island too... biggrin.gif
TSVyvernS
post Aug 19 2009, 03:56 PM

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QUOTE(panasonic88 @ Aug 19 2009, 03:52 PM)
PE at 7. long way to go neh  unsure.gif
*
Either the price really drop off cliff or earnings shoot to the sky... whistling.gif
TSVyvernS
post Aug 19 2009, 04:07 PM

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QUOTE(cherroy @ Aug 19 2009, 04:02 PM)
A few days or few week trend doesn't matter one if one intends to hold it for long term and fundamental still intact.

I am happy to see each year getting 90 cents dividend and don't bother about the current share price too much.

But if fundamental changing like EPS drop due to operation business deteoriation, div drop, then I can sell it at 14.00 or 13.00 as well disregard it has reached 16.00 or 18.00 previously or not.

What has happened few days ago like reached 16.00 or not, has passed and no point to see back like haiseh, 16.00 doesn't sell, so I should not sell at 14.30. It doesn't work this way.

Sometimes if things or situation have changed (especially fundamental side), then must protect the profit.
*
Thanks Cherroy for the pointers.

Agreed, that fundmentals are important guiding factor. I have read 3 articles on Tanjong, one from CIMB, one from Personal Money and another I cannot remember (possibly Smart Investor or Malaysian Business), all recent articles. All have good calls on Tanjong being a good long term investment company.


TSVyvernS
post Aug 19 2009, 04:09 PM

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Bstead really going further south....Hahaha biggrin.gif looks like i need to prep bullets.

Set lower target for next purchase ady....3.45. Now at 3.58.

Apart from that, OT: Amanah Saham Wawasan 2020 announces 6.3sen div per unit.

http://www.btimes.com.my/Current_News/BTIM...icle/index_html


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