Brother danmooncake, Red Bull not too good, too much chemicals is bad for health.......why not try some green vegetables instead , always fresh & green. .....always good for your health, both physically & psychologically too......yummy too.



...... take your pick here please

I'm already "green". Can't you see it in my avatar?

But, I will be turning brown and black (with sharp teeth too).
All I will desire next will be Red Raw Meat of the bulls!

This post has been edited by danmooncake: Sep 21 2011, 04:54 AM

Hmmm looks like we might have a Wednesday sales again.

Today DJ up a few miserable points.... Dow Jones Industrial Average 11,408.66 4:02PM EDT Up 7.65 (0.07%)



...but then anything can happen we all know that Malaysia Boleh.....hope that today morning will be a Positive Boleh.



Cheers brother skiddtrader, all the best to you today.

Japan & Korea open in GREEN.......hopefully ikut sama sama juga.

Most Asian stocks rose on optimism Europe’s debt crisis may ease and lift exporters’ earnings, overshadowing concern after the International Monetary Fund cut its global growth forecast.

yea yea..green counters coming...

morning! today bloodbath or "non-event"(everyone hiding and wait for fed's meeting outcome)? we'll see.

i think most long term investers are buy blueshit in stages from their bunker window.

wonder how long can my cash can allow me accu in stages....

Bursa Malaysia Bhd


Target: RM7.50



Earnings forecasts and target price cut. We lower our FY11-13 net earnings forecasts by 16-22% following a reduction of 17-23% in our projected average daily trading values (from RM1.7-2.1bn to RM1.4-1.6bn). Our valuations are

rolled over to 2012 but our target P/E is cut from 33x (based on 10% premium over the 5-year average) to 25.5x (15% discount) in view of the more cautious market sentiment. As a result, the target price falls from RM11.60 to

RM7.50.



Downgrading Bursa to a Neutral

The more cautious market sentiment… Market sentiment has turned cautious amid
fears of a double-dip recession in the United States and a deepening of Europe’s
sovereign debt crisis. The KLCI has fallen 8.4% over the past two months. We also
lowered our end-2011 KLCI target to 1,580 from 1,700 previously. The lower KLCI
target and a possible drop in the trading value do not bode well for Bursa’s earnings.
…leads to a lower rating. In light of the weaker market sentiment, we downgrade our
rating on Bursa Malaysia from a Trading Buy to NEUTRAL. The three key reasons
behind the downgrade – namely (1) lower KLCI targets, (2) dwindling trading value and
(3) contraction in P/E multiples – are discussed in greater detail below.


Why the downgrade?

Reason No 1: Lower KLCI targets
A cut in KLCI targets. On 5 Sep 11, we lowered our year-end KLCI target to 1,580pts
from 1,700pts mainly due to a cut in FY11-12 EPS numbers and a reduction in the 3-
year moving average P/E from 14.5x to 14.1x, which is also the target P/E for the index.
We also introduced our end-2012 KLCI target of 1,660pts, which is lower than our
earlier end-2011 target of 1,700pts. The downgrade in the target puts a lower cap on
the upside potential for the KLCI and has negative implications on the trading value for
the market, and ultimately the earnings of Bursa Malaysia.

Good Morning!
let's see if today is a trap day or not..

Technically…

– Bandar Raya Developments (BRD MK; RM2.24, Sell) – Violated its triangle support.

– Scomi Group (SGB MK; RM0.29, Buy) – A short term bottom may have formed.

– Benalec Holdings (BHB MK; RM1.06, Sell) – Downtrend does not look complete yet.

CI already in red...........super bad sentiment for KLSE

FF sell, GLC sell, aunty uncle also sell........all scared

Red Territory day?

haha.. so fast red zone liau. not even 15min of trading.
GLC ho liau

die liao.... waiting for 1350 now

FOCUS broke its 3 months resistance. Aiya sold dy. Gonna choong technically i guess.

Not too bad for Bursa , only -0.03 points...maybe will pick up towards green later.

now is only 9.21am. Wait until 10.30am. There'll be blood bath.

CI counters with higher red have trading at low volume, seem kena press down to made the CI in red.................high volume like Sime Maybank CIMB PChem in green

in recent weeks, i found out that jupiter is almost fighting against cimb's TA report. On those cimb wrote TA sell, jupiter wrote TA buy. when cimb said buy, jupiter said sell.


Attached File(s)
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 cimb_ta.pdf ( 84.12k ) Number of downloads: 17
 denko_ta.pdf ( 86.47k ) Number of downloads: 17
 drbhcom_ta.pdf ( 91.59k ) Number of downloads: 21
 perisai_ta.pdf ( 87.86k ) Number of downloads: 27