in the past 2 months i observed the our daily product prices are increasing 5%. $$ become smaller and only those invest in stock (short to long term) or property (long term) will be benefited.

ci tp at 2010: 1500

i think local investor no interested due to we are not able to keep track the china company and the local stock still cheap. also currency concern.

less bumi involvement in tis stock also a mean concern of the still not be able to goreng or ....

This post has been edited by sampool: Aug 21 2009, 10:03 AM

msport hv a risk downside to rm0.60.

today very boring leh. nothing just seeing jetson fly all the all to 2 (expect).

maybe free fall to 0.60.

all of us invest few ringgit and open 1 account and share the password can lioa loh. Dun let uncle earn somuch la..

us is the train head of all the world stock market directly or indirectly. i hv been read a book few years ago, its said ci is link closely with singapore market and australia market, but tis 2 market i am sure also link with dj.

we are in globalisation of bisness environment now. investor is looking for bigger picture of economic, but trader/daily traders are not.

Good news?

7177
RIGHTS ISSUE

LCL CORPORATION BERHAD ("LCL" OR "COMPANY")
RENOUNCEABLE RIGHTS ISSUE OF UP TO 28,917,700 NEW ORDINARY SHARES OF RM0.50
EACH IN LCL (RIGHT SHARES), ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 5 ORDINARY
SHARES OF RM0.50 EACH (LCL SHARES) HELD AFTER THE SHARE SPLIT, AT AN ISSUE
PRICE TO BE DETERMINED (RIGHTS ISSUE)
We refer to the announcement dated 17 March 2009 in respect of the approval of
the Securities Commission (SC) for the extension of time until 31 August 2009
for the Company to implement the Rights Issue.
On behalf of LCL, CIMB Investment Bank Berhad wishes to announce that the
Company does not intend to implement the Rights Issue prior to 31 August 2009.
As such, the approval of the SC for the Rights Issue will lapse on 31 August
2009.(This announcement is dated 21 August 2009)

msports technically could free fall to 0.6 (strong resistance).

but nobody know when it will rebounce, could take months.

may be i use back the lcl chart to match up with msports.

it will join rm1 club in short term.

remember, when everyone is prepared for the crash, it will not becoming. tis is like wat happen during april-may when many expect market crash base on years of historical charts.

somehow, ppl may make 10 pick correct, but with one wrongly pick msport, all the earned $$ from stock will just disappear over weeks.

---

Added on August 31, 2009, 3:02 pmsomehow, ppl may make 10 pick correct, but with one wrongly pick msport, all the earned $$ from stock will just disappear over weeks.





This post has been edited by sampool: Aug 31 2009, 03:02 PM

the market will be getting heavy sell down in coming weeks, due to

1) political instability (mca case), N will hold election and delay as long as possible.
2) dj bad sentiment and correction to world stock markets.
3) trading volume low due to ppl need $$ for raya.
4) oil price increase to rm0.05 more compare to expected. ron95 unable replaced ron97 fully.
5) h1n1 and personal credit issue slowdown the expense in 2nd half of the year.

the chances is very high, september trading pattent will repeat the bottoming like wat happen in this march '09.

"V" (march - aug) and "V" (sep - ?) shape is likely to form tis year.

1000 - 1050 >> if the worse is happen

dj red, ci green.

tis market is now even bad for those who diversified too many counter in the market. chances of failure is higher.

for lcl i still in profit as bought at 0.60

the market is still hold. maybe soft landing. saag in india is good in stock performance. could accumulate from now or lower, dun let shark to play only.

http://money.rediff.com/companies/saag-rr-infra/11610055

2 cents.