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 Stock Market V50, HUAT AH!!! Tiger Roar, Market Rise!

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mopster
post Mar 1 2010, 05:00 PM

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Tomolo nekobank [Maybank] Ex-Date 11c... no wonder today got strength to break 7.00...
ahh today is quite a happy day... smile.gif

so far Euro FTSE,DAX still doing good with greek bailout promise...

This post has been edited by mopster: Mar 1 2010, 05:01 PM
SKY 1809
post Mar 1 2010, 05:00 PM

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QUOTE(omores @ Mar 1 2010, 04:56 PM)
Hai, on different topic, I'm very heart broken about my Boustead Heavy Industries (BHIC)... Still holding but my margin pared down like crazy. sad.gif  I guess I'm gonna average up a little bit and wait to sell when good times roll. LOL.
*
Malaysia not likely to order more warships.

Need to cut down on budgets before the next GE


TSVyvernS
post Mar 1 2010, 05:01 PM

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QUOTE(omores @ Mar 1 2010, 04:53 PM)
Wah not bad, you use fengshui also to select your stocks ka?  brows.gif

Not a bad idea. You can be Joey Yap of the stock market, VyvernS. I can be your marketer. Hehehe.
*
Hahaha laugh.gif

I think if i had known to counter check my 八字 with that of 林梧桐 maybe won't find trading in Genting so tough... tongue.gif Joking nia...I think my timing not right ler, like proton mui mui mentioned. So now, a bit more cautious hmm.gif
protonw
post Mar 1 2010, 05:04 PM

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QUOTE(VyvernS @ Mar 1 2010, 04:53 PM)
Just a note to Bstead holders...

Before 2005, Bstead used to announce their quarter report at the end of February. About 2 weeks later, they would announce the dividends. So, HOPEFULLY, in about 2 weeks from now, we can see some extra goodies coming in.....Lets keep an eye out!
*
Oh is it? rclxm9.gif


Added on March 1, 2010, 5:06 pm
QUOTE(omores @ Mar 1 2010, 04:56 PM)
Hai, on different topic, I'm very heart broken about my Boustead Heavy Industries (BHIC)... Still holding but my margin pared down like crazy. sad.gif  I guess I'm gonna average up a little bit and wait to sell when good times roll. LOL.
*
Aiyor, you didnt sell when it went high? I thought you disposed d.... sad.gif

This post has been edited by protonw: Mar 1 2010, 05:06 PM
omores
post Mar 1 2010, 05:10 PM

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QUOTE(panasonic88 @ Mar 1 2010, 04:59 PM)
ahh so it was you. the other day mr remisier was mentioning your name.

he says he is ready to jump off BHIC boat.
*
eh? who? smile.gif im curious

I'm not ready to let go tho,..... how?

This post has been edited by omores: Mar 1 2010, 05:19 PM
zWinceZz
post Mar 1 2010, 05:14 PM

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Summary: Straits Asia Resources Ltd (SAR) has unveiled a new CEO. The group
has appointed Mr Martin Purvis as successor to Mr Richard Ong. The
appointment will take effect on 1 Mar. Mr Purvis has been a director of SAR
since its IPO in Nov 06, and is also the CEO of SAR's parent company PTT
Asia Pacific Mining. This appointment does not come as a surprise to us as
we have previously highlighted the possibility of a change of leadership.
With his extensive background in the resource industry, Mr Purvis appears
to be well-suited for the role. We will have more updates after the
company's conference call scheduled sometime in the middle of this week.
For now, we maintain our SELLrating and S$1.73 fair value estimate. (Lee
Wen Ching)
protonw
post Mar 1 2010, 05:17 PM

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Today Alam closed at 1.85 from low of 1.75.... which I missed....
cherroy
post Mar 1 2010, 05:20 PM

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QUOTE(VyvernS @ Mar 1 2010, 04:53 PM)
Just a note to Bstead holders...

Before 2005, Bstead used to announce their quarter report at the end of February. About 2 weeks later, they would announce the dividends. So, HOPEFULLY, in about 2 weeks from now, we can see some extra goodies coming in.....Lets keep an eye out!
*
They just completed the right issue, so it means they need the money.

Also with the completion of right issue, number of shares become more, so it means more dividend or cash needs to be paid if declare the same amount of dividend.

Generally it is less likely company to give big dividend after right issue. Just take your cash from right issue, then give you back? laugh.gif
chyaw
post Mar 1 2010, 05:26 PM

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This could be the case of sell on rumours, buy on news? hmm.gif



QUOTE(zWinceZz @ Mar 1 2010, 05:14 PM)
Summary: Straits Asia Resources Ltd (SAR) has unveiled a new CEO. The group
has appointed Mr Martin Purvis as successor to Mr Richard Ong. The
appointment will take effect on 1 Mar. Mr Purvis has been a director of SAR
since its IPO in Nov 06, and is also the CEO of SAR's parent company PTT
Asia Pacific Mining. This appointment does not come as a surprise to us as
we have previously highlighted the possibility of a change of leadership.
With his extensive background in the resource industry, Mr Purvis appears
to be well-suited for the role. We will have more updates after the
company's conference call scheduled sometime in the middle of this week.
For now, we maintain our SELLrating and S$1.73 fair value estimate.  (Lee
Wen Ching)
*
TSVyvernS
post Mar 1 2010, 05:30 PM

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QUOTE(cherroy @ Mar 1 2010, 05:20 PM)
They just completed the right issue, so it means they need the money.

Also with the completion of right issue, number of shares become more, so it means more dividend or cash needs to be paid if declare the same amount of dividend.

Generally it is less likely company to give big dividend after right issue. Just take your cash from right issue, then give you back?  laugh.gif
*
Oooh ya hor.....But last two quarters give divvy wor.... hmm.gif What you say makes sense ler...like the KPJ results.
Apparently holding out for more divvies on Bstead, but if none comes, this counter still hold on tight tight smile.gif
I still praying hard, that the directors will declare dividend...Kakaka...pray hard. laugh.gif
The report says: The directors have not decided on dividend to declare yet.
mopster
post Mar 1 2010, 05:32 PM

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me not greedy, i'm content with 5c from BSTEAD... tongue.gif

TA paper on BSTEAD (taken from CBRS)

QUOTE
One-off Gains Boosted 4Q10 Earnings
Boustead announced a sharply improved 4Q10 set of results.
Net profit grew by 71.4% QoQ to RM147.7mn on the back of
4.4% increase in revenue, partly due to an undisclosed
amount of fair value gain booked on revaluation of
investment properties. We believe this gain could be in the
region of RM30mn – RM35mn (RM08: RM37.2mn) based
on the information available in the result notes. In addition,
BHPetrol too recorded stockholding gain but again the
amount was not disclosed in the notes.


so technically their earnings should be lower if not because of one-off gains...
as long as the price is reasonably supported, i'm ready for long term with Bstead...

This post has been edited by mopster: Mar 1 2010, 05:33 PM
Mikiyo
post Mar 1 2010, 05:33 PM

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hi guys! australia time difference causing me a little trouble in trading in msia. just now b4 the market end. i bought genting @ 6.22. hope it will be a good trade. today let go KPJ at 2.49 vmad.gif bad move
SKY 1809
post Mar 1 2010, 05:34 PM

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QUOTE(chyaw @ Mar 1 2010, 05:26 PM)
This could be the case of sell on rumours, buy on news?  hmm.gif
*
The sacking of a CEO due to falling share prices, does not justify a buy call.

Afterall, the management is happy with the latest set of reports.

So More of internal management conflicts than anything else.


Just my view only

This post has been edited by SKY 1809: Mar 1 2010, 05:34 PM
protonw
post Mar 1 2010, 05:35 PM

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QUOTE(Mikiyo @ Mar 1 2010, 05:33 PM)
hi guys! australia time difference causing me a little trouble in trading in msia. just now b4 the market end. i bought genting @ 6.22. hope it will be a good trade. today let go KPJ at 2.49 vmad.gif bad move
*
Haha, our friend so far away also trade heavily.... thumbup.gif support KLCI
cherroy
post Mar 1 2010, 05:36 PM

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QUOTE(mopster @ Mar 1 2010, 05:32 PM)
me not greedy, i'm content with 5c from BSTEAD...  tongue.gif

TA paper on BSTEAD (taken from CBRS)
so technically their earnings should be lower if not because of one-off gains...
as long as the price is reasonably supported, i'm ready for long term with Bstead...
*
Profit derived from fair value adjustment won't earn you a single cent of cash.

If one off gain due to disposal of asset, then yes, there is cash.
TSVyvernS
post Mar 1 2010, 05:39 PM

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QUOTE(Mikiyo @ Mar 1 2010, 05:33 PM)
hi guys! australia time difference causing me a little trouble in trading in msia. just now b4 the market end. i bought genting @ 6.22. hope it will be a good trade. today let go KPJ at 2.49 vmad.gif bad move
*
Must be evening trade before dinner on hungry tummy....
I think Melbourne about 2 hours ahead of Malaysia.
Hope all is well in Aussie land Down Under thumbup.gif
chyaw
post Mar 1 2010, 05:41 PM

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Not sacking lar. Just that the contract didn't renew only tongue.gif
Actually, there is a fear that the contract will not be renew, that's why the share price keep falling. Now, it is no longer a rumours. It is a fact. laugh.gif
The theory of "buy on rumours, sell on news" can't pakai as rumours cause selling, that's why I revise it to "sell on rumours, buy on news" laugh.gif icon_rolleyes.gif
PS: not asking ppl to buy SAR... later kena SARS!!! sweat.gif


QUOTE(SKY 1809 @ Mar 1 2010, 05:34 PM)
The sacking of a CEO due to falling share prices, does not justify a buy call.

Afterall,  the management is happy with the latest set of reports.

So More of internal management conflicts than anything else.
Just my view only
*

Added on March 1, 2010, 5:43 pmBTW, SAR today green. laugh.gif

This post has been edited by chyaw: Mar 1 2010, 05:43 PM
SKY 1809
post Mar 1 2010, 05:46 PM

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QUOTE(chyaw @ Mar 1 2010, 05:41 PM)
Not sacking lar. Just that  the contract didn't renew only  tongue.gif
Actually, there is a fear that the contract will not be renew, that's why the share price keep falling. Now, it is no longer a rumours. It is a fact.  laugh.gif
The theory of "buy on rumours, sell on news" can't pakai as rumours cause selling, that's why I revise it to "sell on rumours, buy on news" laugh.gif  icon_rolleyes.gif
PS: not asking ppl to buy SAR... later kena SARS!!! sweat.gif

Added on March 1, 2010, 5:43 pmBTW, SAR today green. laugh.gif
*
Oh I see, more towards the American way/term of saying.

I am more towards the British, or Chinaman. biggrin.gif



This post has been edited by SKY 1809: Mar 1 2010, 05:47 PM
Mikiyo
post Mar 1 2010, 05:50 PM

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QUOTE(protonw @ Mar 1 2010, 05:35 PM)
Haha, our friend so far away also trade heavily....  thumbup.gif support KLCI
*
my comm sec account in australia will be done in 2 weeks time smile.gif then ill be trading australia cds. Its a good way to play futures smile.gif


Added on March 1, 2010, 5:50 pm
QUOTE(VyvernS @ Mar 1 2010, 05:39 PM)
Must be evening trade before dinner on hungry tummy....
I think Melbourne about 2 hours ahead of Malaysia.
Hope all is well in Aussie land Down Under thumbup.gif
*
hahaha day light saving havent over yet. so its about 3 hours ahead smile.gif when its time for me to do my final buying..its always dinner time T.T

This post has been edited by Mikiyo: Mar 1 2010, 05:50 PM
SKY 1809
post Mar 1 2010, 05:51 PM

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QUOTE(Mikiyo @ Mar 1 2010, 05:50 PM)
my comm sec account in australia will be done in 2 weeks time smile.gif then ill be trading australia cds. Its a good way to play futures smile.gif


Added on March 1, 2010, 5:50 pm

hahaha day light saving havent over yet. so its about 3 hours ahead smile.gif when its time for me to do my final buying..its always dinner time T.T
*
You are certainly playing with your future.

Just joking only. notworthy.gif

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