Analysts can come up all kind of reason to explain a market phenomena otherwise they won't have a job to do. When market up time, they said the index will shoot over 1000 (also few said 1200! simply hit a number one) by year end, now market more subdue time then said WC coming:stars:

A number of local analysts are unproffesional at all, talk like 'kopitiam', don't have some sense of responsible at all.

All shares price is based on their valuation, when company is doing good and making good profit then surely people love to have it and buy it that's why it goes up. While when company is not doing good (like MAS and Proton) then there is no reason for investor to buy up their share. So whether the index will go up to 1200 or whatever level, it must be looking back how the index linked company are doing and their future as well.

Technically the KLCI upward trend (5-6 months) has been breached. Also the market is not so optimistic for its short term trend whereby futures for next month (jun) is trading at a huge discount of about 20 points.

US (Dow Jones and S&P 500) did influence the world market since it is the biggest and powerhouse of the world economy. However, since 97 due to the currency control there is only a few foreign funds in Malaysia so the impact is not so great compared to the early 90's.
Local big guns always don't like to see the market down, they are more like keep on support until they can since if the market goes down, they are the biggest losers since they hold the most shares in KLSE.

Whtrader,
you stay overnight to trade? since US market opens only after 9.30pm and until 4am local time.

Contra trading won't able to make a living for you. It is just extra income when market hot time. A lot of people got this mindset also, but practically, it is very difficult to do in real actual trading. Also generally in normal trading day when market more subdue, share price has little movement only which you might find that you are struggling to cover the commission rate rather than making profit. If really interest in contra trading then better go for the futures which is more volatile and better return if you get it right.

1 week earn RM200? no problem but can you consistently do it every week? Bare in mind although you might be able to make profit for let say 3-4 week time but when market go against you time, you might easily loss Rm2000 or even more per week.
It some sort like gambling rather than investing.

PS Contra trading is only suitable when market 'goreng' hot time other than that you are basically feeding your remiser and broking firm only while you gain peanut.

CPO is bullish mainly because of market expects Bio-diesel will start its production on 2007 but the good harvest season of Soy Bean has dragged down the CPO for the last 2 months. Don't know which way the CPO will go since personally think that the bio-diesel won't have major impact in the market as lot of analysts predicted (at least for this decade), it is bullish merely on prospect rather than fundamental. A lot of factor need to be sorted out before bio-diesel can be widely used eg. engine, distribution, impact of the maintenance, production cost (since until now it is much more expensive to be produced than purely fossil fuel diesel)

For FKLI, technically, the upward trend for last few months has been breached. For next few week, the overseas market will have lot of influence how the cash market performs. Generally, there is some big scale of sell-off particular for Asia-Pacific bourses due to US interest rate concern and inflation shows no sign of cooling down. Whether the sell-off trend has been receding, no one can correctly guess it. That's why the futures (JUN) is trading at a record discount rate of 20+ points for last week before closing the gap to 13-15 points last friday.

ECB raised the interest rate, Korea, Thai also make surprise hike which put a lot of pressure on the equities market today.
I think inflation has gone out a bit out of control with all comodities (even spread to timber logs every thing come out from earth) hitting unrealistic high which make worse for the inflation.

One thing good about the futures is that you can trade both way, long or short. Equities wise, only 'up' is the way to make money since short selling is not permitted at least for here until now.

Although virtual stock trading might be a good way to gain some experience in share investment, game still is a game, when you are dealing with huge chunk of money (hard-earned), then it is a bit different.
You can simply buy any stock in the virtual game, if turns out the share decline and loss then you can simply said, oopps I make a mistake. But in real money trade, it might mean ten or hundred of thousand of loss just because the mistake.

When buying or investing a particular stock (for long term), a lot of consideration needs to be well studied eg. valuation, PE ratio, company prospect, yield, interest rate effect, management, healthy cash flow, etc. in order to justify your investment whether worth it or not. If the the share returns can't outperform interest rate then better save it in the bank with minimal risk. (It is part of reason share plunged so much recently because US and others countries raise their interest rate which make share less attractive)

But when trading 'goreng' stock then it is different story already, it is some sort like hit and run, gain enough must run, never hold this kind of stock for long term.

PS: Game still is a game, never treat real hard-earned money into a game play. If treat it like game, it is no different with gambling.

Ya, for futures market, technical analysis is more applicable since it is more on speculative and short term type of invesment (a month or two time frame only).

While buying share for long term investment, it is wiser to do the fundamental part since you aims for long term gain and the health/returns of the company is more important than the daily moving of it share price since at the end of the day, share price is based on its fundamental eg. Genting share won't stay at RM20+ for years if it is not a good and profiting company with good earning results years after years

A rotten ABC company's share may also goes to RM20+ under 'goreng' but it definitely won't stay at there long and after 'goreng' activities faded out it might worth few ten cents only. Study the tech-bubble burst on 2000 and 2nd board-bubble few years back then you will know sometimes shares price can hit ridiculous height but won't last long. That's why I am keeping telling people not to buy the 'goreng' Mesdaq shares for investment purposes, which has been unreasonbale price, but just merely speculative for short term is different story but remember to 'cabut', don't stay there forever, your finger will easily burned.
A lot of Mesdaq's CEO/directors already dump significant amount of their holding already signal you that the price whether is high or not.

Mesdaq 'goreng' has been subdue recently and not much volume shows that syndicates are moving away except Iris. Intraday/contra is only suitable when market is 'hot' time if play it when market quiet time then you are looking for trouble or feeding the brokers only.
Speculative only when market situation is favourable not everyday got easy meal one or you are playing with fire. Mesdaq is not as good as you are thinking.

Being a genuine investor, one doesn't need to be actively trading, just like W.Buffett did. When spot a good investment opportunity then start investing in it and growth with it and when hitting the target or price become unrelistically high then unloading it and wait for next time opportunity. Sometimes, patient is also the key element of a successful investment.
Actively trading most suitable for speculating purposely since speculating stocks normally not worth to be holding, only look for short term gain.

Generally, good fund manager with sound track record normally won't go in and go out in the market quite as frequent as majority people are thinking off. The more frequent you trade, the more broking firm is earning, market doesn't go up everyday one.

For UT, after the BNM liberalise some restrictions, there are plenty of global UT as well, basically you are investing in foreign country mostly developed country fund which has been performing quite well recently.

Local UTs are not performing well for the last 2 years or so mainly because KLSE has been underperforming compared to the regional bourses. Foregin fund basically only show little interest in Malaysia market for the last few years time mainly due to slow progress in GLCs restructuring and various problem hanging in the market like MAS, Proton, TNB vs IPP etc. Market sentiment also not helped by recent outburst between TDM and PL which basically exposed more and more problem and weakness of current economy situation.

Currently, the best well-managed local bank is Pbb which has the lowest NPL compared to others rivals even when financial crisis 98 hit time, its NPL still not way below double digit level. Also, for previous 2-3 years, it has good dividend yield roughly 8-10% (I don't have the figure with me currently) annually. This year will be a bit lower due to newly acquisition of Asia Commerce Finance in HK and need some fund to finance it.

Just to share some information.

Iris share went up to about RM1.30+ from around 8-10 cents while Mobif is from around 80-90 cents and shoot to 3.60+.
So even Iris at 25 cents, the syndicate still making money from it.

I have no comment on whether it is opportunity to buy or sell. The counter is only suit to speculate not for investing for long term.

Personally think that Iris has been total manipulated by the syndicate, there is no reason for a company share's trading volume exceed (not just exceed but triple or even more) its total paid up capital EVERYDAY for 3-5 months period consecutively without any real development of company business and future.

Up or down is just depended on their willingness to push it or not only, just like Repco in the 90's (which shoot to over 200). The syndicate just making embarrassment for the SC and laughing stock for foreigner investors regarding the healthiness of Malaysia Stock Market.

I think a lot of people don't realise the UT distribution can be taken as cash rather reinvest. Although reinvesting is not that bad, but everytime you reinvest you lose 5% from it. When you buy UT, you must fill in and instruct them to get the distribution as cash or else they will automatically reinvest for you.

Personally think that taking cash is much better than reinvest.

Yup, everytime you buy UT, you lose 5% straigth away and 1.5% annually for their maintenance cost. That's why UT company are always trying to launch new fund.
Global fund still ok since it is not accessible for retailer investors like us, also you spread your risk in foreign currenct asset and might earn better if RM depreciation like 98's.
For local equity fund which you can buy yourself in the stock market, it is not worthwhile to be invested especially for those having sound investment knowledge people. In stock market, the commission rate is about 1.2% with no maintenace fee need to pay and can get back the money in 3 days time while UT need at least a week or so when redeem your units and need to lose 5% every purchase and 1.5% annually.

I am not saying UT is not good but bare in mind their cost of purchase is not cheap also. But for those having little knowledge about the stock market and having no-discipline in investment, it might also a good choice.

Also, there is forex FD which offer better return rate than ringgit denomination eg. AUD - 5.5%
NZD - 6.8%
USD - 5.2%
(Not exact but roughly)

The main risk is currency depreciation and loss during the exchange.

Actually if one is wealthy enough should spread his/her asset a little bit (Just my opinion) since ringgit isn't as strong as other currency like SGD or AUD. Also economy wise, Malaysia isn't perform well for the last few years. Although BNM and gov keep stressing that GDP growth 5-6%, the actual business situation out there is not that as good as they mentioned.

For Forex FD, since about 2 years ago local (both foreign and local) banks already got such service so don't need to go to the country to open up a FD account. Currency risk is definitely got, no doubt.
Just want to point up some and more investment tools.

For share investment, several key factors are the key to monitor.

- management (there are plenty of mis-management listing company here, I don't think need to elaborate more on this)
- earning or PE ratio
- dividen yield
- company prospect
- asset quality
- shareholding liquidity

If the investment scheme is so good then he/she won't need to introduce to other, better keep it himself/herself. Top investment guru like Warren Buffett also find it difficult to earn back in 3 years (33% annual). Be realistic, if one investment can earn 10-20% annually, it is considered an achievement already. 3 months earns 100%? He/she must be the richest man/woman in this world. But strangely still a lot of people believe in this kind of scheme (or pyramid scheme)