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 STOCK MARKET DISCUSSION V98, Celebrating KLCI breach 13xx point

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monkeyking
post Sep 19 2011, 04:28 PM

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QUOTE(jerrychoo2004 @ Sep 19 2011, 05:20 PM)
HUAT ARRRRHHHHH
Smartag gogogogog!!!!!
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rclxms.gif rclxms.gif rclxms.gif rclxms.gif rclxms.gif rclxms.gif
monkeyking
post Sep 19 2011, 04:53 PM

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icon_rolleyes.gif Last chance to buy your Smartag at 27.5 cents now...tomorrow will go up further. rclxms.gif rclxms.gif rclxms.gif
monkeyking
post Sep 19 2011, 04:58 PM

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thumbup.gif thumbup.gif Digista just great rclxms.gif rclxms.gif
monkeyking
post Sep 19 2011, 05:00 PM

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QUOTE(gogo2 @ Sep 19 2011, 05:57 PM)
Everyone fear but bro monkeyking still optimistic... smartag holder here... huat ar!!
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icon_rolleyes.gif Have no fear, monkeyking is here. laugh.gif laugh.gif
monkeyking
post Sep 20 2011, 03:47 AM

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thumbup.gif Some news for all....



Overview/Top Headlines

- At the market open EUR/USD open down over 80 pips from Friday close after EU Finance Ministers failed to emerge with a solid proposal on Friday and reports surfaced over the weekend saying that the EU had warned Greece that the next aid tranche is at risk if Greece does not take further steps. Greece PM Papandreou cancelled his trip to the UN and is holding a cabinet meeting today to consider additional austerity steps for continued international bailout funds. USD gained about 80 pips against the Swiss Franc and almost 120 pips against the A$. Asian equity markets had a day of steady losses on the renewed risk aversion and the fresh wave of concern over Europe’s inability to find a concrete solution for debt issues. Gold traded up, front month silver decoupled falling 0.4% in the session.

- Former Vice PBoC Gov Wu Xiaoling said China economy will cool at quicker pace in 2012 because of EU sovereign debt crisis, slower global recovery and property tightening measures. “Currently, China’s economy faces inflationary pressures as well as pressures on government debt, which means we cannot go down the road of expanding both credit and fiscal spending.” Chinese press speculated that non-performing loans for China banks may rise as much as 5% in 2011. China reported August new home prices, showing in increase in all 70 cities measured, up from 68 in July. Shanghai Aug new home prices +2.8% y/y, +2.5% m/m; Existing Home prices +3.7% y/y. Beijing Aug new home prices +1.9% y/y, flat m/m; Existing home prices +1.9% y/y.

- Japan Econ Min Furukawa said the Government will announce interim plans to deal with strong Yen early this week. Support for companies struggling with strong Yen and low-interest loans to small and medium sized companies expected to be part of the measures.

- German Chancellor Merkel’s CDU party defeated by centre-left opposition Social Democrats in Berlin State Elections, a small increase in support compared to last election in 2006. Merkel’s CDU won 23.4%, a gain in comparison to the 21.3% five years ago (in the 1980s the part usually secured 40%+ of the vote).
monkeyking
post Sep 20 2011, 04:07 AM

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thumbup.gif Yesterday market so bad and only 2 ACE counters had gains of 1 cent & above......Smartag & Digista. rclxm9.gif rclxm9.gif rclxm9.gif Today more upswing for both counters too. rclxms.gif rclxms.gif
monkeyking
post Sep 20 2011, 07:44 AM

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icon_rolleyes.gif And don't forget to have Smartag for companion today & as I had said earlier this


...............announcement to be made soon.......approval to commercialize project guaranteed...100% guaranteed. rclxm9.gif rclxm9.gif


icon_rolleyes.gif So what kept you waiting & waiting. brows.gif



...btw, durians falling? laugh.gif laugh.gif



user posted image


user posted image
monkeyking
post Sep 20 2011, 08:40 AM

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icon_rolleyes.gif Technically…

– Petronas Chemicals Group (PCHEM MK; RM6.05, Sell) – Hanging by a thread.

– Multi-Purpose Holdings (MPU MK; RM2.59, Sell) – Below all its key moving averages.

– Malaysia Marine and Heavy Engineering (MMHE MK; RM6.13, Sell) – More downside ahead.
monkeyking
post Sep 20 2011, 09:17 AM

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QUOTE(soul2soul @ Sep 20 2011, 10:15 AM)
yea I watched the interview of LKY. He said Euro will eventually break into 2 or 3 tiers currency area. 

Btw, how come it affects malaysia so  much ? Our banks are not exposed to Greece or Euro problem right?

Why panic?
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thumbup.gif Well said, none of our banks will be affected by the Greece crisis........people just panic selling, perhaps a bit overacting. shakehead.gif shocking.gif
monkeyking
post Sep 20 2011, 09:28 AM

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thumbup.gif thumbup.gif Economic news – Of tightropes and safety nets

The 2012 Budget which will be presented on 7 Oct is all about keeping the economy going
given the acute external uncertainties. The budget measures will build on the foundations
of the Government Transformation Programme (GTP) and Economic Transformation
Programme (ETP) as well as strategic reform initiatives to enhance Malaysia’s
competitiveness.
Investors and consumers can look forward to a “friendly” budget that will
stimulate economic growth in the private sector. Generally, the budget is unlikely to deliver
major negative surprises. We also expect targeted “safety net” measures to ease the
burden of the rising cost of living on low- and middle-income households. The Budget
should sustain fiscal support while reducing the budget deficit from an estimated 5.4% of
GDP in 2011 to around 5.0% in 2012.


thumbup.gif ETP projects like Amedia, Digista, Smartag rclxms.gif rclxms.gif rclxms.gif
monkeyking
post Sep 20 2011, 09:36 AM

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thumbup.gif thumbup.gif BSKL going into the green zone...buy now or be left behind. rclxms.gif rclxms.gif
monkeyking
post Sep 20 2011, 09:46 AM

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QUOTE(paikut @ Sep 20 2011, 10:39 AM)
can i ask where do you check the BSKL? thanks
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thumbup.gif Looking at Yahoo Asian market & I base it on my presumption. laugh.gif laugh.gif
monkeyking
post Sep 20 2011, 09:54 AM

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icon_rolleyes.gif Seems UEMLand going to kena goreng. hmm.gif
monkeyking
post Sep 20 2011, 10:07 AM

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QUOTE(kueyteowlou @ Sep 20 2011, 11:04 AM)
blush.gif

salcon nice bargain price...  icon_rolleyes.gif
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monkeyking
post Sep 20 2011, 10:29 AM

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QUOTE(gogo2 @ Sep 20 2011, 11:18 AM)
Actually I doubt anyone have confident. LOL. 13xx is imminent this week. If not 12xx.  brows.gif
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shakehead.gif Wah, you terror , want to kill all & sapu laugh.gif laugh.gif laugh.gif
monkeyking
post Sep 20 2011, 10:44 AM

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QUOTE(gogo2 @ Sep 20 2011, 11:31 AM)
Based on current sentiment bro. All hell break loose now.
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icon_rolleyes.gif Hopefully not. flex.gif
monkeyking
post Sep 20 2011, 12:21 PM

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QUOTE(panasonic88 @ Sep 20 2011, 01:14 PM)
I think monkeyking gonna shout SMARTAG tongue.gif
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thumbup.gif The potential is there , it's the people that had not open their eyes to see. laugh.gif 3 to 5 years down the road, it may become a potential blue chip company....mark my words. rclxms.gif ....think of the potential earnings to come in future. rclxm9.gif rclxm9.gif
monkeyking
post Sep 20 2011, 12:33 PM

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QUOTE(yeowyin @ Sep 20 2011, 01:28 PM)
same story like iris corp..... after so many years still the same.......
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icon_rolleyes.gif Iris is totally different cup of tea altogether......let me ask you how many identity cards you have.......yes, you use 1 & it's for life but Smartag is use for only 1 trip per container & they charge for each and every single trip....now this is the vast difference between Iris & Smartag. rclxms.gif rclxms.gif Well, that's about $70 million per year tax free profit base on the Malaysian market, now think of the whole world. brows.gif


wub.gif Cheers.

This post has been edited by monkeyking: Sep 20 2011, 12:34 PM
monkeyking
post Sep 20 2011, 12:37 PM

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thumbup.gif Go Malton go go goooooooooooooooo rclxm9.gif rclxm9.gif
monkeyking
post Sep 20 2011, 01:38 PM

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QUOTE(Icehart @ Sep 20 2011, 02:04 PM)
Woah, you guys are heroes for holding so much blue chips in this bad market sentiment. I currently only holds smartag.
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thumbup.gif thumbup.gif Yes, Smartag is recession free. rclxms.gif rclxms.gif rclxms.gif

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