Your story about Indo Attack is kinda interesting to me too

Hi all, newbie question - counters like tanco n hwgb's volume damn high, is this meand its getting goreng? Shld we newbies stay away? But seems lots of ppl eyeing these kind of counter / trend... Thx

Just read this & thought that this is something worth reading for all here as well.



Ann Joo Stock Watch: 3/3/11


4Q2010 registered a loss of 0.54 sen, but FY2010 EPS was 23.90 sen. Dividend was 12.34 sen. Again, steel industry is quite unpredictable, and there are too many variables to assess the fundamentals of the stock. Therefore I would find it more appropriate to use technical analysis to trade steel stocks if I want to monitor those stocks for trading, as it will not worth my time to follow the fundamentals closely without access of early information.

Technically the stock was on a down trend. The closing price of 2.62 was touching the 100w EMA. I see the next support at 2.53, if it breaks the 100w EMA.






Dialog Stock Watch: 3/3/11

The stock is on an uptrend, but the latest candlestick is bearish. The closing price on 3/3/11 was 2.19, just above the 10w MA centre line of BB.

Fundamentally, 2Q2011 registered an EPS of 1.84, making a 1H2011 EPS to 3.52. I am making a EPS forecast of 7 sen for FY2011. At the price of 2.19, PER is 31x, which is high. If I use a PER of 25x, then the fair value is 1.75. The stock is currently overvalued by the market.





Mahsing Stock Watch : 2/3/11

Technically, the stock is bearish on a down trend, though the price was still trading above the 10w MA center of the BB. The support is 2.00.

Fundamentally 4Q2010 registered an EPS of 3.77 sen, with FY2010 EPS 12.41 sen. With a close of 2.35 on 3/3/11, the stock was trading at a PER of 18.9x. Looking forward, I forecast the EPS FY2011 at 12 sen, and with a prospective PER of 17x, the fair value is 2.04. The gross dividend is 7.6 sen, gross dividend yield of 3.2%.





Lion Industries Stock Watch: 2/3/11


Fundamentally 2Q2011 registered an EPS of 19.93 sen, and a pretax profit of 190m. But the pretax profit consists of an extraordinary gain of 172m from disposal of a subsidiary. Therefore the operating performance was not as good as the numbers showed. Since I am not familiar with the steel industry, I will not spend time analysing the detail fundamentals or the valuation of this company. It is more appropriate to trade this stock based purely on technical analysis.

Technically, the chart is showing bearish downtrend, as the closing price on 2/3/11 at 1.67 had broken the horizontal support level of 1.77, and also broken down the 100w EMA. The next support is 1.58.





Kfima Stock Watch: 2/3/11

The stock price was on a decline after reaching a high of 1.85 and closed today at 1.54, which is just above the horizontal support of 1.52 and the 100d EMA.

Fundamentally, 3Q2011 registered an EPS of 7.63 sen making a total of 19.85 sen for the first 9 months of FY2011. I am making an EPS full year forecast of 28 sen, and with the price of 1.54, PER is 5.5. In my estimation of valuation, I am setting a prospective PER of 7x, thus a fair value of 1.96.




Cheers to all.....happy investing.

Just add for Ann Joo:-
I've been acc on this counter as i heard they got some customer with major needs of steel in hand. Again my view only and i'm a noob investor.

particular month.- u must call to close, else will bring forward to 15 March (long) till u close the contract.
u can buy now & close today.
U can buy now & close it on 14-18, 2x or 3x March provided u dont have margin .

If got margin, u need to top up in order to maintain the contract.

This post has been edited by feralee: Mar 4 2011, 02:01 PM

Thanks.

More analysts start to upgrade Affin Bank now

Najib may allow FF ( long term ) to hold up to 49% of our local banks.

This post has been edited by SKY 1809: Mar 4 2011, 02:13 PM

Or you could use Chartnexus, free as well

Saudi Arabia, please don't play play leh..
I am just hoping for some good rebound after market shock.. Straight after got this news, BJCORP drop to 1.10 level

Sienz..
Still got 3months time line..

You mean 1.01?

Don't panic, 3 more months is quite a long time. Good luck.

wow, great one ..
so did this tall guy mention anything about DRB?

now very chaotic.. short term wise i'm lost.. no direction... kepala pusing...
one day down... one day up... [for component stocks]
my stocks tian tian down....

collect divvy... and buy when sales come....

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Added on
sigh~~ oil still green..... GDF still sleeping ? it's about morning there now...

if US job recovery is on track... very soon we'll have a big scare... Uncle Ben hinting on rate hike.. then that time massacre again... before analysts come in and say it's good and healthy.. and buy buy buy....

This post has been edited by mopster: Mar 4 2011, 02:33 PM

Regarding trading on the KLCI future. I was wondering why not just trade the KLCI ETF? Isn't that much convenient?
Please comments. Thanks!

they are totally different imo....
Future is fast money~~~~ u gamble on the index.... derivative... very volatile....
ETF is slower than Reits [i mean klci etf].... u buying a bit of each of the component stocks...

This post has been edited by mopster: Mar 4 2011, 02:43 PM

Yea 1.01..
Haizh..

3 months quite a long time.. Haha.. If market neutral, I will not be worried.. Now market is volatile, with saudis making noise now..
This 3 month might not be able to repair those holes.

yeah, my one xia more than shang。 headache. <hiding>

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Added on March 4, 2011, 2:56 pm
Why Kulim WC like no trading after 11am

This post has been edited by protonw: Mar 4 2011, 02:56 PM

Limit up 2 times... Bursa keeping it in freezer to cool down~~
check annoucements...

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Added on
now i see some buying volume...

This post has been edited by mopster: Mar 4 2011, 03:03 PM

Thank you.
This is useful.

HUBLINE : 1Q net profit 9.439 million (increased 574.70%)

this sentence sounds very interesting right?

DRB sharks are back in town

if market or your counter is neutral, you got the warrant premium to worry about.