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 Stock Market V41, OCTOBEAR vs OCTOBULL - Who's d winner?

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David_Brent
post Oct 2 2009, 10:31 PM

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QUOTE(protonw @ Oct 2 2009, 10:28 PM)
Will update you if you are curious to know.  laugh.gif

Vince will give Kenny Rogers vouchers I think.  (Nekobank gave rm20 KFC vouchers and nothing else).
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Good that he promotes his brands I suppose... nod.gif
In US/EU a lot of companies give their shareholders privilege/loyalty cards or similar....to build the franchise
Surprised Vince doesn't do something similar hmm.gif

Think GENTING does something similar.....
David_Brent
post Oct 2 2009, 10:41 PM

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QUOTE(mopster @ Oct 2 2009, 10:31 PM)
Bro Dow heading to green zone.....    shakehead.gif  blink.gif unpredictable ...
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Think the market took the hit yesterday.... hmm.gif
The non-farm employment data was leaked like a dripping tap so investors weren't really surprised this morning IMHO.

Also - unemployment is a long-term threat to the recovery (no question about it) but these data will mean that corporate earnings should improve dramatically in the next reporting season and through the end of 2009 because of productivity gains.

Q: What do the markets like?
A: Earnings

laugh.gif
David_Brent
post Oct 2 2009, 10:51 PM

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QUOTE(mazda626 @ Oct 2 2009, 10:48 PM)
Nekobank Cimbank sure die in Indon, those ppl are primitive......... doh.gif
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I agree.
I was seriously considering adding Nekobank to my stable but when I read what they were planning for their BII business - it makes me want to run a mile.
TBH - I hope CIMB takes them over - that would be a good move. hmm.gif
the country has too many banks IMHO....
David_Brent
post Oct 2 2009, 10:55 PM

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QUOTE(mopster @ Oct 2 2009, 10:51 PM)
yah.. earnings is the king... but also need to take note that things will eventually come back to those corporations when there is less and less consumers able to buy their products/services..  hmm.gif

also, from what i heard on bloomberg, they are blaming SME for not hiring enough ppl....  laugh.gif
-------
on the other hand, i wonder what headline they'll put later...
now is "Stocks fall as job losses rise more than expected"  To "Stocks recovered despite mounting job losses" ?  laugh.gif
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You're absolutely right. Long term jobless-ness is a big worry.
And also - there is growing evidence that many companies have cut-back too brutally and may need to re-hire very soon...as you said.
Short-term it's good for earnings though.... drool.gif
David_Brent
post Oct 3 2009, 12:32 AM

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QUOTE(cherroy @ Oct 3 2009, 12:23 AM)
This is indeed true, at my area, factories and company are struggling to hire back people to meet the sudden rise in orders. They are having not enough people to produce.

You can't blame the brutal cut back early in the year, as there is almost no order or little order across and price of goods are tumbling fast, even my company's one of raw material, price tumbling near 50% over 3-4 months time, imagine those stock up a lot one, surely suffering.

You don't cut your expenses, you might not survive if there is no huge stimulus package to stimulate the economy. Company need to act quick whenever situation change. Company might earn less due to unable to meet the demand, but if company doesn't react in the first place to cut, if situation doesn't turn better, without the cut, company might not able to survive in the first place.
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Well - that's absolutely right.
Good companies will respond very fast which may mean suffering for employees.
But it is a survival game. And the fittest survive.
Cost/Overhead cutting is where most of the last quarter earnings come from in good companies - productivity is increased and higher efficiencies....IMHO

Also: management must focus on real issues.

Hiring and training new workers will take some time.
My point is that for investment these so-called unemployment numbers may not be a bad thing.

Also - good companies with astute management will emerge leaner, fitter and more profitable.... drool.gif

<Just my opinion only>

This post has been edited by David_Brent: Oct 3 2009, 12:34 AM
David_Brent
post Oct 3 2009, 12:45 AM

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QUOTE(cherroy @ Oct 3 2009, 12:39 AM)
Yup, this is what happening now, increase productivity and squeeze out more from existing left workforce.
For shareholders POV, this is good thing.

Economy, stock market, company is not charity game, always must react quick for survival.

After all, it is not totally bad thing. Every event happening has its good face as well. Just like if not the 1997 Asian crisis and its lesson, Asian countries won't be that resilience to face the current global crisis.

But for broader and longer term sense, it is not that good, without more people being employed, you don't increase the demand as no job, no money to buy new toy. There is limit how much you can cost cutting and productivity increment, you always need increment in sales to bring the profit to a new higher level. Without more job being created, the sales prospect won't be that good.
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This is the biggest worry - no doubt.
But - if you're treating a patient with multiple injuries, your first job is to keep him alive and breathing. Then get him walking and eating properly.....

The 100meters race or training him for the marathon can come later.

The toxic debts and derivatives that created this whole mess are going to take years to get rid of....
As investors, we have to react to circumstances as we find them...but I agree with you - without consumer demand - the recovery will be very fragile... hmm.gif

This post has been edited by David_Brent: Oct 3 2009, 12:46 AM
David_Brent
post Oct 3 2009, 12:51 AM

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QUOTE(epalbee3 @ Oct 3 2009, 12:49 AM)
Officially I am Citibank shareholder now holding 115 shares.

So I am the boss now.. wink.gif
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Hope you do a better job for the shareholders than the current numb-nuts who is sitting in the boss's chair! laugh.gif
David_Brent
post Oct 3 2009, 01:14 AM

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QUOTE(cherroy @ Oct 3 2009, 12:53 AM)
Soon or later, consumers will recover, it is matter of time.

But stock market could go ahead too far by itself by expecting a steep V-shape recovery.

Personally view, recession will go away, but recovery process and return to normal health of growth take time. Just like you said, the patient has been kept alive, need time for nursing, we can't expect the patient to go for 100m race next month.

It could take 1-3 years time before everything passed.

I don't believe after 1st year of anniversary of financial crisis, we are talking like nothing happen and bull charging non-stop.

From March low to now of stock price surge or bull run, I still view it is a correction of panic selling and undershooting of the market, which after things calm down, stock market react to what its real fundamental should be, that's why we see some stocks that shouldn't beaten down surge 50% or more as previously panic and pesimisticsm is overly done or excessive, while for some stocks, they are not recovering as they are the one really hit by the crisis. So it is a selection or elimation process.
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Very true....there are lots of exceptions but quite a lot of FBM stocks are not currently reflecting their 'true' value IMHO.... I think it's a matter of time: 2-3 years at least as you say..... hmm.gif
David_Brent
post Oct 5 2009, 11:22 AM

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QUOTE(panasonic88 @ Oct 5 2009, 11:00 AM)
second liners fall the most today.

FBM30 counter aint affected much.
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The usual story..... shocking.gif
David_Brent
post Oct 5 2009, 02:58 PM

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Been busy today:
Bought: CCB, MYEG and SAPCRES
Sold: Latexx rclxm9.gif
David_Brent
post Oct 5 2009, 03:03 PM

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QUOTE(chyaw @ Oct 5 2009, 03:00 PM)
Buy CCB for div???  brows.gif  brows.gif  brows.gif
Need to make sure got special div.  whistling.gif
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Got a sneaky feeling there might be another one coming up..... brows.gif
Hope so.... tongue.gif
David_Brent
post Oct 5 2009, 03:18 PM

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QUOTE(chyaw @ Oct 5 2009, 03:16 PM)
Yeah! But my overall portfolio still red...  doh.gif
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Mine too..... mega_shok.gif
David_Brent
post Oct 5 2009, 05:04 PM

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Wah!
My MYEG up 20.xx% since I bought it this morning...
rclxm9.gif rclxm9.gif
<must be the same numbty who forced up KLK> laugh.gif
David_Brent
post Oct 5 2009, 05:08 PM

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QUOTE(aurora97 @ Oct 5 2009, 05:05 PM)
someone shock shock go an key-in Rm 17 for KLK.. mana tau match.
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Same thing happen this morning with CCMBIO - someone mis-key in and sell at 1.76 laugh.gif


Added on October 5, 2009, 5:11 pm
QUOTE(panasonic88 @ Oct 5 2009, 05:07 PM)
lucky guy! laugh.gif
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Need some luck after you know what... sweat.gif

This post has been edited by David_Brent: Oct 5 2009, 05:11 PM
David_Brent
post Oct 5 2009, 07:57 PM

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QUOTE(teehk_tee @ Oct 5 2009, 07:26 PM)
hmmm.. looks like today had a late afternoon rally.
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Only because of "monkey business" laugh.gif
How's your ring-side seat at the greatest fiscal collapse in world economic history?? brows.gif
David_Brent
post Oct 5 2009, 08:22 PM

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QUOTE(teehk_tee @ Oct 5 2009, 08:08 PM)
geee
there's quite a lot of politicking around here because the election's just around the corner, i think sometime in May '10.

but right now forex seems to be way more interesting than equity markets.  laugh.gif  laugh.gif
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Shorting the pound??
David_Brent
post Oct 5 2009, 08:24 PM

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QUOTE(aurora97 @ Oct 5 2009, 06:08 PM)
Wtf market up 10.20 pts?
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I see that today we have three different closing numbers for the FBM-30 Index....The Edge gives one , TV7 today gives another and OSK/Bursa a third... hmm.gif


Added on October 5, 2009, 8:26 pm
QUOTE(StupidGuyPlayComp @ Oct 5 2009, 08:24 PM)
Ask a noob question, the CI increase 4 points or 10 points today?
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So much confusion today...I'm trusting the one on the Bursa website tongue.gif
But - can you imagine how we are to attract FFs if we can't even agree the closing prices... hmm.gif

This post has been edited by David_Brent: Oct 5 2009, 08:26 PM
David_Brent
post Oct 5 2009, 08:38 PM

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Good news for KNM holders:
http://www.klse.com.my/website/bm/listed_c...ments/index.jsp

RM155 million new business.


Added on October 5, 2009, 8:39 pm
QUOTE(teehk_tee @ Oct 5 2009, 08:32 PM)
definitely tongue.gif

...and long the Oz...... brows.gif

This post has been edited by David_Brent: Oct 5 2009, 08:39 PM
David_Brent
post Oct 5 2009, 10:44 PM

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QUOTE(chyaw @ Oct 5 2009, 09:14 PM)
ha ha ha...
some news on KLK

Trade Cancellation Request for Stock KLK (2445) - update 
Please be informed that the Exchange has reviewed the request for cancellation

of a KLK trade and has decided not to approve the request.
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It wasn't me.....I swear it wasn't me.....
...no matter whatever you all might think..... sweat.gif


Added on October 5, 2009, 10:51 pmSo - now everyone knows....a couple of million ringgit can move the index 6 or so points.... laugh.gif
The secret's out! icon_idea.gif

This post has been edited by David_Brent: Oct 5 2009, 10:51 PM
David_Brent
post Oct 5 2009, 11:30 PM

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A trade was done in KLK shares.
A trade is defined as transacting between a willing seller and a willing buyer.
So who was the willing seller and who was the willing buyer in this case and why was this extraordinary trade done?
This is a very interesting question. hmm.gif

This post has been edited by David_Brent: Oct 5 2009, 11:31 PM

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