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 Stock Market V40, Do you believe in October Myth?

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okw0809
post Sep 30 2009, 10:27 PM

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Recently O&G sector has been buying back the share. Dialog, Waseong.
As of 28/Sep, EPF accumulated total of 403,091,004 KNM

hmm.gif hmm.gif hmm.gif O&G is going to shoot up ?? drool.gif drool.gif
okw0809
post Sep 30 2009, 10:35 PM

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QUOTE(David_Brent @ Sep 30 2009, 10:31 PM)
I sold my DIALOG last week at 1.26 because I thought the PE was too high hmm.gif
I used the dosh to buy HAI-O rclxm9.gif
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Congrat !!! rclxms.gif rclxms.gif
okw0809
post Sep 30 2009, 11:56 PM

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QUOTE(cherroy @ Sep 30 2009, 11:53 PM)
EPS at 45 cents, annualised RM1.80,

at 15.00 means PER 8.3x  brows.gif

Cash 1.8 billion. Cash generation is strong, no problem for generous dividend. They can even raise the dividend if they want to based on the cash generation ability.

Tanjong had lot of borrowing, short and long term in USD, so if USD sinks vs RM, extra exchange paper gain.
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Sorry that I am not familiar with it. Already 15, still a good buy?
Can share with me the TP of this company? Thanks. icon_rolleyes.gif
okw0809
post Oct 1 2009, 12:12 AM

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QUOTE(jasontoh @ Oct 1 2009, 12:04 AM)
I thought share buyback is good for us, if we buy lower than the buyback price, right? Anyway, share dividend or dividend is about the same. When I get dividend, I'll just reinvest back. So it does not even matter


Added on October 1, 2009, 12:05 am
You buy only 200g rambutan, cannot really enjoy la. Like can see but cannot touch only tongue.gif
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Some ppl happy with just Toyota, some need BMW to feel satisfaction.
If mopster can enjoy with 200g rambutan. We should feel happy for him. nod.gif
okw0809
post Oct 1 2009, 12:21 AM

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After that...Lamborghini. It never end. biggrin.gif
okw0809
post Oct 1 2009, 11:28 PM

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QUOTE(jasontoh @ Oct 1 2009, 11:24 PM)
Who knows...maybe later DJ got bargain hunting until close in green? Or maybe DJ red, KLCI green. Or red Friday with very low volume trading.
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If DJ drops less than 80~100 points, there is chance CI green tomorrow.
But if it's more than 100 points, most likely will be bleeding badly. icon_question.gif
okw0809
post Oct 1 2009, 11:32 PM

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QUOTE(David_Brent @ Oct 1 2009, 11:29 PM)
No worries....bleeding part of a natural cycle..... hmm.gif
Normally once a month..... laugh.gif
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Yup but unfortunately our CI can bleed more than once a month doh.gif
okw0809
post Oct 1 2009, 11:34 PM

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Probably some of you seen this but anyway, let me share this:

Wed Sep 30, 12:14 pm ET

KUALA LUMPUR (AFP) – Malaysia and Saudi Arabia on Wednesday said they would establish a 2.5 billion dollar partnership to invest in oil and gas and real estate projects here and abroad.

The joint-venture company is a collaboration between government development and investment firm 1Malaysia Development Berhad (1MDB) and Saudi Arabia's PetroSaudi International Limited (PSI).
okw0809
post Oct 1 2009, 11:44 PM

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QUOTE(David_Brent @ Oct 1 2009, 11:38 PM)
Nah....stay cool...

There is no bad news ....

it's just like the KLCI

Down on Profit Taking

laugh.gif  rclxm9.gif
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Haha......As of now, I still can't figure how ppl take profit when market down biggrin.gif biggrin.gif
okw0809
post Oct 1 2009, 11:46 PM

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QUOTE(protonw @ Oct 1 2009, 11:44 PM)
Tomorrow do first round shopping mar.  laugh.gif Then maybe can have another and another.....  tongue.gif
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protonw punya bullets really like machine gun wo... flex.gif flex.gif


Added on October 1, 2009, 11:47 pm
QUOTE(debbieyss @ Oct 1 2009, 11:46 PM)
For long term trader/investor, they bought shares since early this year so now is their time to take profit  biggrin.gif
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Ya....but I prefer profit taking when green biggrin.gif

This post has been edited by okw0809: Oct 1 2009, 11:47 PM
okw0809
post Oct 1 2009, 11:53 PM

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QUOTE(uyafr @ Oct 1 2009, 11:49 PM)
Thats what they write in local newspaper lah  sweat.gif
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That's what I exactly meant. I found that our local newspaper out of creative idea already.
Whenever red, they just say profit taking and full stop. No much details and explanation laugh.gif laugh.gif
okw0809
post Oct 1 2009, 11:59 PM

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QUOTE(uyafr @ Oct 1 2009, 11:57 PM)
KLSE must look good mah... when the market is down, it does not matter u lose money or not... it will be reported as "Market Down on Profit Taking" hahah like David mentioned earlier. Now even better with the new Index...  biggrin.gif
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When market green, they should report "Market Up on Loss Taking" tongue.gif tongue.gif
okw0809
post Oct 2 2009, 12:04 AM

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QUOTE(David_Brent @ Oct 2 2009, 12:00 AM)
Can we all try finish this thread tonight??
That way the LYN insomniacs club can start a new thread for tomorrow....
Better Feng Shui and NO references to BEARS....

What say you???? icon_rolleyes.gif
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Wa...later the moderator send us to Ban Island sweat.gif sweat.gif
okw0809
post Oct 2 2009, 12:06 AM

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QUOTE(David_Brent @ Oct 2 2009, 12:05 AM)
Truly - the financial journos everywhere in the world are useless......auto-prompt readers...or copy from BURSA
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They copy from Bursa. Bursa copy from Bullshit biggrin.gif biggrin.gif
okw0809
post Oct 2 2009, 12:24 AM

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QUOTE(motolola @ Oct 2 2009, 12:15 AM)
i'm sitting at the sidelines too.. wait and see a little more since limited bullets i have cool.gif still a newcomer to this game tongue.gif
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Me too. Anyway whichever counters you go, please try not to enter Equine, MEMS, Scomi if they happen to be on your list
okw0809
post Oct 2 2009, 12:31 AM

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QUOTE(debbieyss @ Oct 2 2009, 12:23 AM)
David, why not you start?
We never see you start any thread yet
tongue.gif
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David ! David ! David ! flex.gif flex.gif biggrin.gif
okw0809
post Oct 2 2009, 12:37 AM

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QUOTE(David_Brent @ Oct 2 2009, 12:36 AM)
Title should be:
"WHOSE AFRAID OF THE BIG BAD BEAR - GOLDEN OCTOBER!"
Sorry - just thought that up without thinking.... blush.gif
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I suggest " Hunt For Red Octobear " biggrin.gif

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