Check in second..haha

Hopefully, new thread new hope. Miss the time KLCI hitting 1,600 points. Now so sick already, everyday red..almost.

Year end our KLCI should be 1350, my forecast. Check out now. Meeting up some clients.

If you are using OSK188 portal, just click on the "News" tab and you will be able to check substantial shareholders disposing or acquiring shares. As for number of shareholdings, refer to "Database" tab.

Yeah. I agreed, cannot hold one. When FF continue to dump more, PNB, EPF and ASB cannot do much also. Foreign fund is the key to drive up the economy, didn't we know this well?

market in red, seeing networth evaporated..and I'm sure Im not alone..lols

My next buying pit at is at 1370 or 1350. I have done shopping during 1450

PBB sell down begins, first time for the past few weeks see it drop so much.

My holdings that didn't drop much instead gain is BERNAS, TM, MAXIS (mantain), CMMT and SUNREIT.

Worst affected is SPSETIA for the past weeks and YTLPOWR which is going downhill since early of the year. Genting paper lose is near to 6% at the moment with my ABP at 10.04.

Thankfully I have took profit on SUPERMX 7 weeks ago when it was trading at 3.74.

We are going to test 1400 support level real soon. Will be breached by 11am or latest during the second session. Good luck forumers~!

Oh my Genting...

The beauty about forex is we can short it, sell first even though we don't have that currency pair. So, forex is fine, in fact I did better because of the current sentiment that drives the volatility. Like the past 12 hours, EUR/USD went up to 1.374x before southing all the way to 1.357x, about 180 pips differences, which is very good. So take the money to save my stocks, keep averaging down. So I have a mixed feelings during current market sentiment.

Oh ya, EUR/CHF was great too if you did a buy, but be careful as it is overbought. Anyway, here's a research paper if you are interested for forex and Hong Kong stock market.

Research Investment Daily

Summary:

§ Clearer direction should emerge once the HSI breaks out of the 18,600-19,100 range and the HSCEI moves out from its 9,700-10,000 range.

§ China’s affordable-housing construction on track and should further support demand and prices for cement. Maintain Buy on Anhui Conch (914.HK, HK$23.05), targeting rebound to HK$28.50, with stop-losses at HK$20.00.

§ Positive on PRC natural-gas distributors, given government’s focus on cutting carbon emissions and maintaining steady economic growth. Buy Towngas China (1083.HK, HK$4.41), targeting HK$4.90, with stop-losses at HK$4.28. Buy China Resources Gas (1193.HK, HK$12.12) at ~HK$11.80, targeting HK$13.00, with stop-losses at HK$11.20.

§ AUD/NZD’s Morning Star pattern at its low yesterday suggests an end to the short-term downtrend. Long at 1.2510, targeting 1.2653, with stop-losses at 1.2442.

§ EUR/CHF’s 9-day RSI is in overbought territory at above 70, hinting at a correction in the short term. Short at 1.2280, targeting 1.2159, with stop-losses at 1.2350.

Major Index Mid-term Technical Analysis & Key Data

§ Major Index Mid-term Technical Analysis: HSI, HSCEI, Shanghai Composite, DJIA and S&P 500.

§ Major Index P/E Bands, Valuations and Earnings Growth: HSI, HSCEI, Shanghai Composite and S&P 500.

§ Market Data: Previous Day’s Main Gainers and Losers; HSCI Volume Filter; Treasury Yields / Interest Rates; Exchange Rates; Energy and Raw-Material Prices; A-/H-Share Listed Companies.

Source: Sun Hung Kai Financial Service, Hong Kong

This post has been edited by andrewckj: Sep 22 2011, 10:47 AM


Attached File(s)
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Wow,as expected and predicted early in the morning KLCI did breach the 1400 level and close at 1387.xx. Exciting days ahead. Let's stick together my fellow forumers during this bear time

MSM continue to lao sai. MSM has fallen a lot for the last few days. Any takers?

So many blue chips stocks are looking good.Yummylicious~!!

If you all wanna make money, it is time to start to nibble a bit from here and there from now. Aim blue chip stocks, one that give good dividend. Some of the stocks are looking good for it's dividend yield. I'm so excited..

A lot of panic selling are going on and it will continue.

you are rite bro! Buy into fear, haha

My dad told me, the likelihood of durian drop to the head is near to 0 %, at most 1%. Got spiked by durian of the ground indeed happened frequently.

You make the call

Telco's company and consumer products.

I love TM and BERNAS, they keep selling down, I will accumulate more!

TM and Bernas had their business operated in Malaysia.

TM monopolize the broadband industry in Malaysia. Will you terminate the line if recession ever hits? Most of us here are connected either through Streamyx or Unifi. Good dividend policy as well.

BERNAS, monopolize 65 % of rice industry in Malaysia. LOW PE, good dividend policy, and rice is the main source of carbo for most Malaysians, the term "makanan ruji Rakyat Malaysia". Again, people won't stop eating rice even if recession hits. It will continue to grow, because population tend to increase.

Also, BERNAS top 5 shareholders holds up to a total of 80 % of the shares, with the main shareholder TWS with 72% ,followed by FELDA and some other soldier fund. Lack of foreign fund exposure, no foreign operation exposure, low PE, good book value, how low can it drop?

Rice is yummy! Later I want to eat Bak Kut Teh,