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 STOCK MARKET DISCUSSION V72, CNY RALLY !!

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2611
post Feb 10 2011, 11:56 AM

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mphb turns green !!! notworthy.gif
2611
post Feb 14 2011, 11:10 AM

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QUOTE(t5t @ Feb 14 2011, 11:00 AM)
Today is not bleeding day!
Today is Valentine's Day!
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that would be a bleeding valentine day if u happen to hook on a v !
tongue.gif
2611
post Feb 14 2011, 03:41 PM

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QUOTE(yok70 @ Feb 14 2011, 03:31 PM)
gotta put in freezer deep deep ice it.  yawn.gif
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this news doesnt impacted the share price much as of today . so is it a good thing to be cheer on ?
2611
post Feb 14 2011, 04:34 PM

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megb below rm 2 will trigger some panic sellings doh.gif
2611
post Feb 14 2011, 04:54 PM

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QUOTE(yok70 @ Feb 14 2011, 04:52 PM)
luckily i didn't buy more. looks like another freezer food now.  doh.gif
however, good divvi though, just treat it as reit then.  cool2.gif
i think its business is kind of monopoly (i mean, with the scholarship thing). so as soon as it able to get investor in, FF selling will be finished and price can move back to "normal" level.  blink.gif
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yok70, i realise that i have quite similar portfolio as yours. at least we hold 2 freezer food now !
should this be a good thing to cheer about on such gloomy day for US ? tongue.gif
2611
post Feb 16 2011, 09:09 AM

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what is wrong with megb ?
continue to bleed
2611
post Feb 16 2011, 10:02 AM

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yok70, any plan for megb ? hold or average down ?


Added on February 16, 2011, 10:04 am
QUOTE(2611 @ Feb 16 2011, 10:02 AM)
yok70, any plan for megb ? hold or average down ?
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KUALA LUMPUR: OSK Research said Supermax Corp Bhd’s FY10 results were within expectations and as anticipated, the results were lower on-quarter owing to spiralling latex price and no improvement in forex.

The research house said on Wednesday, Feb 16 although the company is the closest to Top Glove in terms of product mix, it has managed to differentiate itself by having a higher OBM mix as well as distribution income to smoothen its manufacturing profits.

“Our target price for Supermax remains unchanged at RM7.84, based on the existing PER of 13x FY11 EPS. Supermax remains one of our top two picks for the sector besides Kossan. Although we maintain Neutral on the sector, Supermax’s valuation still stands out over some of its peers given its single-digit valuation.

“Going forward, we believe the stock would come in for a re-rating when latex price gets toppish, which we think would be sometime in May 2011 when the wintering season of rubber trees is over,” it said.

This post has been edited by 2611: Feb 16 2011, 10:04 AM
2611
post Feb 16 2011, 10:20 AM

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QUOTE(yok70 @ Feb 16 2011, 10:16 AM)
still holding it for now. I also  sweat.gif now.
without new institutional investors joining in, there is no chance for it to rebound. If they ever found them, i'm pretty sure the price will shoot up fast. So, it's a 50-50 now. I'd say HOLD if you have spare money and already bought it, but don't BUY on this falling knife. Just my view.
the comforting thing is, it still pays pretty good yield of 7-8%.
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we have the same thought then . haha.
by any chance you have the link or article related to the yield that they are paying from past records ?
thanks smile.gif
2611
post Feb 16 2011, 11:37 AM

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megb sees alil bit of buying force. those ff start to sell off their stake again ? rclxub.gif
2611
post Feb 17 2011, 09:17 AM

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megb fighting back ?
2611
post Feb 17 2011, 09:30 AM

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QUOTE(t5t @ Feb 17 2011, 09:24 AM)
I hope it does!!!
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director buying shares ?
2611
post Feb 17 2011, 03:22 PM

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superman flying but porfolio got pull down alot by megb !! geram nya. 1.80 support gone .. now looking at 1.7x ... sad.gif
2611
post Feb 22 2011, 01:46 PM

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MEGB had on 16 February 2011 announced the receipt of a notification from Dato' Sri Santhara Kumar A/L Ramanaidu ("Dato' Sri Edmund Santhara"), the Group Chief Executive Officer and Executive Director of MEGB, pursuant to Paragraph 14.08(a) of the MMLR of his intention to deal in the shares of MEGB during closed period.

Further to the aforesaid announcement, MEGB had on 22 February 2011 received a notification from Dato' Sri Edmund Santhara pursuant to Paragraph 14.08(d) of the MMLR in respect of his dealings in the securities of the Company as stated below:-

(a) The transfer of 49,601,079 Ordinary Shares of RM0.20 each from Dato’ Sri Edmund Santhara to his spouse, Datin Sri Carline A/P A. Johnson D’Cruz representing 12.1% of the total issued share capital of the Company as at 22 February 2011 at nil consideration ("Transfer").



Any impact on share price ?
2611
post Feb 22 2011, 02:14 PM

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megb buy queue is awesome ! something good brewing ? biggrin.gif
2611
post Feb 22 2011, 04:17 PM

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MEGB very awesome leh !!! me likey. but im queing to buy more at 1.82.. grrrr mad.gif
2611
post Feb 22 2011, 04:31 PM

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wah 1 huge selling pressure at 1.84 ... 2500 lots ... whos that ? ff ? blink.gif

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