i believe it will touch 1600



My belief only...

Matter of time only, due to economy growth and inflation. 

During 1994, when crossing 1300 time, people talk about touching 1500, but it only happened after 14 years. 

So gain 200 points for holding 14 years, 200/1300 = 15% equivalent to 1% per year, much much worst than FD

Touch 1600 is up or down? Today close at 16xx or 12xx?

Edit: Double confirm with KLSE website. Today close at 12xx, 1600 just 400 points away

Matter of time only, due to economy growth and inflation. 

During 1994, when crossing 1300 time, people talk about touching 1500, but it only happened after 14 years. 

So gain 200 points for holding 14 years, 200/1300 = 15% equivalent to 1% per year, much much worst than FD

Actually - looked at it historically - the world has been in a bear market for the past 20+ years

we have passed 1600 already, no?

I second to DBrent & Master Cherroy, in long term basis. We are looking at KLSE up to 1600 and current pull back to 1000..... in order for small fry like us able to admin & manage the holding. 

Last nite PM sd arabs monies will coming & will announce today, anyone got ideas ? 

1) You use the cash to give good dividend, share price will automatically stablise itself, it is the market force that matter the most, look at BAT, even the financial crisis was on its height point, its share still solid like a rock. You don't need to interfere much to prop up the share price, nobody can fight the market force, market will determine itself.
3)&4)  Yup, this I agree, but partly no applicable after single tier, any profit made or accumulated profit is taxed at company level.

Nothing beat hard real cash. What if company is actually buying at higher share price level. Like company is paying average Rm2.00 for the buyback, but share price now is Rm1.50. Effectively you don't save any from it. As if give cash, it means RM2.00 net. But now worth Rm1.50 only, still lose out.

5) It is force reinvest, company still pay for commission for brokerage during the buyback as same with retailers, investment banks still charge the commission, stamp duty, clearing fee. Even we received as free share dividend, it means company actually paying for it already. Company money is your entitled money.

The major problem of buyback is so called that reasonable price, what price is low in consideration? Share price below NTA? Share price below cash level per share? There is no guide line on it.
Why buy today, then next day no buying?  Company is just seen buyback when they wish, as same as most retailers buy stocks when they wish, a good strategy to do it in this way?

At least need some analysis or proper explaination to shareholders why buyback and reason for it. We had seen lot of company is making losses for shareholders (in term of money) due to buyback price too high.

The one I had seen the company making decent profit out of buyback programme is IGB, which they sell their part of their previously treasury share (which bought at lower level) at a gain.

Don't mean buyback is totally not good, as ability to buyback means at least company financially and cash situation is strong, just nothing beat hard real cash return for shareholders. Want to reinvest, can always use the cash to buy the share again from the open market, by then shareholders have a choice. Market is not stupid, if a company is good and give good return to shareholders, people won't ignore the stock.

Cheers. 

morlinggggg

ohh today have new toy, GENS-C2

Instrument Type : Structured Warrants
Type of Structure Warrants : Call Warrants
Description : NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS

Underlying Stock : GENTING SINGAPORE PLC (FORMERLY KNOWN AS GENTING INTERNATIONAL PLC)
Name of Issuer : OSK INVESTMENT BANK BERHAD
Stock Code : 0539C2
Stock Short Name : GENS-C2
ISIN Code : MYJ0539C2K82
Board : Warrants Board
Sector : STRUCTURED WARRANTS OTHERS
Initial Listing Information
Listing Date : 01/10/2009 
Term Sheet Date : 30/09/2009
Issue Date : 30/09/2009
Issue/ Ask Price : MYR 0.1500
Issue Size Indicator : Unit
Issue Size in Unit : 90,000,000
Maturity Date : 25/08/2010
Revised Maturity Date : 
Exercise/ Conversion Ratio : 6:1
Settlement Type/ Convertible Into : Cash
Exercise/ Strike/ Conversion Price : SGD 1.0600 
Name and contact details of market maker(s)
(if applicable)
: OSK Investment Bank Berhad
Derivatives & Structured Products
21st Floor, Plaza OSK
Jalan Ampang
50450 Kuala Lumpur
Telephone no. : (603) 2162 0288
Facsimile no. : (603) 2163 4836

Circumstances under which the market maker(s) may not be able to provide quotes
(if applicable)
: Please refer to Section 3.3 of the Third Supplementary Base Prospectus dated 18 August 2009 and Section 3.1 of the Term Sheet dated 30 September 2009

The market is unpredictable.

C has reverted it position from losing 11 cents to wining 14 cents.

It happened when we were all sleeping.

It is risky to do overnight share trading.

Let's say if big bad news occur at mid nigh when we have slept, then habislah we all punya money..

Maybank to go all out to grow Indonesian unit BII

Marching On

Everyone said Maybank's venture into Indonesia was wrong and the timing horrendous, i think Maybank is out to prove all its critics wrong (or right whichever the case may be)

CimB also has a (earlier) major presence in Indonesia, so in the end its a fight between two Malaysian titans...

Any failure or sign of weakness shown by Maybank, I won't be suprised if CIMB came knocking on their door... perhaps even swallowing Maybank as a whole? 

Few yrs back i could recall CIMB formerly BBMB (Bank Bumiputera Commerce) was on the verge of collapse with scandals and mismanagement, looks like its on track to becoming a regio9nal player. 

To be KIV.

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Maybank, CIMB in big fight in Indonesia

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