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 STOCK MARKET DISCUSSION V65, Plantation Surge & CI 1500 and beyond

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yok70
post Nov 12 2010, 09:44 AM

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QUOTE(jasontoh @ Nov 12 2010, 09:43 AM)
Not sure pana will answer or not. I'm also looking for ppl's view on this
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i'm also. icon_question.gif


Added on November 12, 2010, 9:45 am
QUOTE(yok70 @ Nov 12 2010, 09:41 AM)
so different view on plantation.  hmm.gif
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KUALA LUMPUR: CIMB Equities Research is maintaining its Trading Buy call on the Malaysian PLANTATION [] sector due to its bullish view for the crude palm oil (CPO) price prospects in the near term.

It said on Thursday, Nov 11 it favoured Kuala Lumpur Kepong for its strong fresh fruit bunches (FFB) output growth prospects and exposure to rubber prices.

“We also like Sime Darby for the potential improvement in the subpar yields from its existing estates as well as the potential sale of assets due to the group’s ongoing restructuring following the appointment of a new acting CEO,” it said.

CIMB Research said Hap Seng Plantations remains a Trading Buy for its cheap valuations and strong dividend yields.

However, it remained Neutral on IOI Corp due to its slower FFB output growth prospects stemming from its ageing estates.

As for Genting Plantations which had outperformed its peers, it believed the market has priced in the favourable CPO price prospects.

“Given the stronger-than-expected surge in CPO prices, we are likely to upgrade our target prices for all the Malaysian planters when they release their results,” it said.


This post has been edited by yok70: Nov 12 2010, 09:45 AM
yok70
post Nov 12 2010, 09:52 AM

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timecom engine warming up.... flex.gif

yok70
post Nov 12 2010, 10:24 AM

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QUOTE(Mikiyo @ Nov 12 2010, 09:57 AM)
anybody here holding BJCORP bside me? XD
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Hands up. sweat.gif

Hope their confirm cosway special divvi may cheers the price up. yawn.gif


This post has been edited by yok70: Nov 12 2010, 10:25 AM
yok70
post Nov 12 2010, 10:25 AM

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QUOTE(JamesPond @ Nov 12 2010, 10:23 AM)
everything drops today..
just sell
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what??


Added on November 12, 2010, 10:26 am
QUOTE(cherroy @ Nov 12 2010, 10:13 AM)
Correct.  biggrin.gif
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Usually good for my profile. tongue.gif


This post has been edited by yok70: Nov 12 2010, 10:26 AM
yok70
post Nov 12 2010, 10:29 AM

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QUOTE(GregPG01 @ Nov 12 2010, 10:17 AM)
OSK .  cry.gif  cry.gif  cry.gif
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why? you worry osk will be privatize?

The average P/BV for previous M&A transactions involving stockbrokers/investment banks is only 1.2x. However, the
acquirees in the past transactions were mostly smallish players and the pricing paid may not be reflective of OSK’s valuation. Assuming a 50% premium over the average, the P/BV paid OSK could be 1.87x, valuing the company at RM2.61bn or
RM2.78/share. At the current price of RM1.97, the stock is trading at 1.3x its end-Jun 10 BV/share of RM1.49. Do not expect a bargain.
tongue.gif


This post has been edited by yok70: Nov 12 2010, 10:32 AM
yok70
post Nov 12 2010, 10:35 AM

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QUOTE(Mikiyo @ Nov 12 2010, 10:32 AM)
btw yok, has the proposed dividend resolution been passed yet? The AGM was held not long ago right? i lost touch with all the news already...exam period
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Their 1 sen divvi has confirmed, but their special divvi not yet. That would be another 4 sen or a chance to buy cosway loan shares in a very yummy discount (much much better than if option for the 4 sen cash divvi).
tongue.gif

yok70
post Nov 12 2010, 10:36 AM

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QUOTE(harry1125 @ Nov 12 2010, 10:32 AM)
i think it is hard for IB privatize...because bank need very high cash/capital liquity...
btw bro, yesterday u ask for daibochi report right?

attached with cimb latest report.
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Thanks!! notworthy.gif

yok70
post Nov 12 2010, 10:47 AM

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QUOTE(Bullish @ Nov 12 2010, 10:37 AM)
can still enter bjcorp today? at 1.08??
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i don't know. VT is a fox, that's all i can say.
bjcorp is somehow highly undervalue. However, that's a reason for this. Simply said, VT is a fox. doh.gif


This post has been edited by yok70: Nov 12 2010, 10:49 AM
yok70
post Nov 12 2010, 10:51 AM

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QUOTE(Mikiyo @ Nov 12 2010, 10:37 AM)
problem with the option, we are not sure of the terms of the option of the cosway loan stuck yet. IT might require some conversion rate that would make it better for us to collect the 4.5 cents hmmmmm
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ya. gonna wait for the final details to come out.
wait long long long time now. yawn.gif .
VT stock = wait long long time. yawn.gif


yok70
post Nov 12 2010, 10:55 AM

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QUOTE(Bullish @ Nov 12 2010, 10:51 AM)
haha....not a normal fox but very cunning one....smile.gif...anyway u ppl can survey DAYA...i think is a good buy!!!
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ya, Daya has been very active recently. Current price has reached its resistance, don't know can breakout or not. tongue.gif

yok70
post Nov 12 2010, 11:01 AM

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Time shoot up to the sky! shocking.gif

yok70
post Nov 12 2010, 11:12 AM

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QUOTE(SKY 1809 @ Nov 12 2010, 11:05 AM)
Timecom suspended

Hopefully sharks goreng up Muhibbah, and then suspended.
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Ya it's suspended. Don't know what's up eh.... sweat.gif

Muhibbah's profit taking now....hopefully afternoon force will be back. biggrin.gif

This post has been edited by yok70: Nov 12 2010, 11:14 AM
yok70
post Nov 12 2010, 11:14 AM

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QUOTE(Eng_Tat @ Nov 12 2010, 11:07 AM)
what happen to timecom to get suspended? any ideas?
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hopefully good news. sweat.gif


Added on November 12, 2010, 11:15 am
QUOTE(JamesPond @ Nov 12 2010, 11:14 AM)
suspended means?
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tak boleh trade. unsure.gif


This post has been edited by yok70: Nov 12 2010, 11:15 AM
yok70
post Nov 12 2010, 11:19 AM

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QUOTE(Eng_Tat @ Nov 12 2010, 11:18 AM)
sold timecom at .775 just before suspended sad.gif
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don't know who is lucky though... sweat.gif


Added on November 12, 2010, 11:20 am
QUOTE(SKY 1809 @ Nov 12 2010, 11:19 AM)
May jump 10sen next Monday or opening.
*
rclxms.gif


This post has been edited by yok70: Nov 12 2010, 11:20 AM
yok70
post Nov 12 2010, 11:24 AM

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cool.gif


Added on November 12, 2010, 11:26 am
QUOTE(SuperToi @ Nov 12 2010, 11:21 AM)
sure u regreted
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I sold malton at 0.755 in the morning, and it moved up to 0.83 on that afternoon! cry.gif


This post has been edited by yok70: Nov 12 2010, 11:26 AM


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