Predict another wave of economy crisis? I believe the chance is low........unless Obama declare war

This post has been edited by StupidGuyPlayComp: Feb 5 2010, 11:18 AM

I think might be a deeper correction this time where as another round of recession will be unlikely. As US has been restructuring their financial system by putting into more control measures. I think index around 1,000 to 1,100 we can start to accumulate growth stocks already.

This post has been edited by darkknight81: Feb 5 2010, 11:22 AM

From RHBInvest on CSCSTEL.

Released the dividend first before the earnings. So everyone have to reverse calculate.


CSC Steel yesterday declared a dividend of 20 sen per share, consisting of 13 sen taxable dividend, 6 sen
franked dividend and 1 sen single-tier dividend.
- It said that the 13 sen taxable dividend is in line with CSC Steel’s dividend policy of distributing at least
50% of its profit after tax.
- Assuming the 13 sen taxable dividend per share is to account for 50-55% of its FY12/09 net profit, we
believe CSC Steel is likely to report a FY12/09 net profit of RM90-98m, which is significantly above
expectations.
- We are raising our FY12/09-11 net profit forecasts by 22.9-40.9%, mainly to reflect higher selling prices.
- Fair value raised by 23.1% from RM1.64 to RM2.02 based on 9x revised FY12/10 EPS of 22.4 sen.

This post has been edited by GregPG01: Feb 5 2010, 11:22 AM

seems like ppl still don't believe Mr Lee.

DJ MARKET TALK:KNM Group +9.3%; Buyout Offer By Managing Director

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0248 GMT [Dow Jones] KNM Group (7164.KU) last +9.3% at 82 sen after BlueFire Capital controlled by MD Lee Swee Eng offers to buy out of oil and gas services provider at 90 sen/share. "The stock could rise further to test 90 sen on arbitrage opportunity," says dealer. But AmResearch analyst Alex Goh says while there's a possibility that KNM's share price could move towards the 90 sen/share offer, "we are uncertain this offer will be realized"; adds spoke to KNM's management "and they seemed as surprised as us." Keeps Hold call with unchanged 82 sen target, pegged to a FY10 P/E of 13X, a 7% discount to KNM's 3-year average P/E of 14X, pending further details on offer.(ECH)

I think he talked about taking it private once long time back....when prices was like 1/2 from now also.

Latexx 4th qtr report is coming out soon.

I noticed it has a support at 3.63-3.64, should be a good buy at this price. LTH also acquired 1,175,900 shares recently.

DJ MARKET TALK: Latexx 4Q Net Profit Likely +20% Vs 3Q - CIMB

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0723 GMT [Dow Jones]Glove maker Latexx (7064.KU) likely to report 4Q net profit of MYR17 million, up 20% on quarter, up 1.4X on year, says CIMB Research's analyst Terence Wong; attributes increase to additional annual production capacity of 800 million pieces of gloves in 4Q, higher nitrile products; estimates FY09 net profit at MYR51.9 million vs MYR15.2 million year ago.

Keeps Outperform call with unchanged MYR5.44 target.

"Potential share price triggers include the upcoming strong results and improving earnings ability, driven by its major expansion plans and move towards premium products," says Wong; adds Latexx's 3-year EPS CAGR of 104.4% is highest in industry. Company expected to release 4Q earnings after 0900 GMT Friday. Stock last down 1.3% at MYR3.69. (ECH)

It was announced in yesterday Bursa announcement. Any different? Still can fake

so hard to tell who knows that he might be selling some right now

This post has been edited by sharesa: Feb 5 2010, 11:57 AM

is it safe to buy right now? or is there still any uptrend left?
because this is one of my target list...

though im queuing teoseng at .45

This post has been edited by mmusang: Feb 5 2010, 11:57 AM

what's your plan? not selling now?

PBBANK and anak on downtrend today....

more on Genting SP - Genting SP- double-top reversal sighted

Alex Lu also blogged about BDI - breaking below its uptrend. (Maybulk & MISC)

This post has been edited by panasonic88: Feb 5 2010, 12:05 PM

ya hor....

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Added on February 5, 2010, 12:06 pmI am confuse....

This post has been edited by protonw: Feb 5 2010, 12:06 PM

sell now? it is blood everywhere!

buy buy buy~~ sapu everything`

CIMB touched SMA(100) @ 12.50!! i draw using yahoo finance
BURSA coming to SMA200 @ 7.63!!

can buy cheap blue chip liao~~...


This post has been edited by mopster: Feb 5 2010, 12:18 PM

sigh....today's portfolio really kena boom-boom-pow

wow ... -9,197.92

wan to sapu, but no money

same here Is it just the beginning?

i heard some analysts at CNBC mentioned that it would be good to buy stocks somewhere mid-Feb because during that time would release some datas from US.