May be next qtr report is so damn good that P&O boss decides to keep it by himself

shit i guess it is too late to top up my shopping trust account with moolah
sunday already

I buy @3.69, but dump at last friday, crazy drop.... Damn panic
Last sell at 3:46.......

Super Bull In The Horizon, Says Chartist

KUALA LUMPUR, Nov 13 (Bernama) -- A super bull run is in the horizon for the Kuala Lumpur stock market with the 30-stock benchmark index potentially surging up to 1,780 level towards the end of next year, market analyst, S.N Lock said.

After reaching multi-year and hictoric highs, all key regional, including the FBM KLCI and European markets took a dip on Friday amid worries of a possible increase in interest rates and Ireland's debt problem.

Lock, however said the decline after the vigorous rally and consolidation was much needed for the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) to continue with its uptrend after reaching a hictoric high of 1,528.01.

"The potential target level for next year will be at 1,691-1,780, with critical support at 1,440-1,550 level," he said at the TheEdge Personal Money Investment Forum on The Stock Market 2010 on Saturday.

On a more bullish side, Lock said the FBM KLCI could also surge to 1,869-1,958 level, if the market barometer breaches the initial targets for 2011.

Among the key factors for the bullish outlook is the fact that retail participation is still very small despite the market's surge to new highs.

Hence, when they come on board the market will be boosted further, he said.

The engine of growth for the market, especially with more projects will be in the construction, property, steel and plantation sectors, Lock added.

Meanwhile, Maybank Investment Bank's vice president of research, Wong Chew Hann also said there was potential for more equity funds to flow into Malaysia.

"We expect the overnight policy rate to be stable at least until second half of 2011 and equities are attractive asset class for low interest rate time."

She however, gave a lower 2011-end target of 1,660 for the FBM KLCI.

Wong said the risk factors were stronger growth and better employment in the U.S. as well as possible capital control, especially in Asia.

On the outlook for China, Standard & Poor's director for equity research, Alexander Chia helped ease some possible concerns among participants at the event today, saying China may experience a soft landing.

-- BERNAMA

AS reported in the Edge and just my intrepretations :-

1) Saachs is appointed by OSK to look for a buyer- 2 big banks ( Maybank and ICBC ) are interested  so far. Price could be an issue. 3X price/book value ( what OSk is looking for ).

But if the deal to strike at 2x Price/value , still good for small investors , right ?

Regards.

OSK's BV is 1.68. eh i thought the article in btimes was putting the price tag at around 2x (3.36),  i feel1.5x was more realistic since it'll be at a premium of 25% to a closing price of RM2, but not attractive for Ong the controlling stakeholder.

but if OSK is looking for 3x P/BV (3x is 5.04 ) then.. i'd sailang this stock. better than supermax. (last part was blow water only )

btimes article
http://www.btimes.com.my/Current_News/BTIM.../#ixzz151T8P2GS

IF you ( insiders )  have ready buyers in hand  , then you know whether the market price is cheap, fair or expensive.

So not applicable to the rest of us.

sky, any comment on LCTH latest quarter report?

I'm letting go LCTH and picking it up again after everyone panic selling LCTH because of annual report.

I'm letting go LCTH and picking it up again after everyone panic selling LCTH because of annual report.

i am letting go also hopefully price not drop lar

i am letting go also hopefully price not drop lar

i m holding @ 0.385.....

still thinking whether to cut loss 2moro early morning...

u? bought @ ?

---

Added on November 14, 2010, 9:52 pm

u cut loss also?

OSK's BV is 1.68. eh i thought the article in btimes was putting the price tag at around 2x (3.36),  i feel1.5x was more realistic since it'll be at a premium of 25% to a closing price of RM2, but not attractive for Ong the controlling stakeholder.

but if OSK is looking for 3x P/BV (3x is 5.04 ) then.. i'd sailang this stock. better than supermax. (last part was blow water only )

btimes article
http://www.btimes.com.my/Current_News/BTIM.../#ixzz151T8P2GS

Hope so too, but I don't the situation will be that easy. Read some replies at investlah, better keep money at hand now, especially at this downturn market 
Bought 80 lots at 0.345
If sell still got opportunity for KFC lunch 

buying a stock and wait for many moons for a buyout is risky. P&O will show you that tomorrow.

opportunity to buy more? scare to see it open on monday .....