Why no update your blog with them stats?
Why so lazy?
Why?

Day nite don't gangnam so much la.

Don't say no eye see.
Eye is there to see.

Local funds selling, KLCI pull-back to 1600 seen
Written by Ho Wah Foon of theedgemalaysia.com
Thursday, 06 September 2012 11:05

KUALA LUMPUR (Sept 6) – Local funds are actively selling index linked stocks for the second day running, forcing down the FBM KLCI by about 1% in mid-morning trade, according to Fong Teng Siew, the head of research for InterPacific Securities.

Fong told theedgemalaysia in a telephone interview Thursday: “Local funds are selling big cap stocks, Petronas group of companies and index-linked stocks. Probably they think that in terms of pricing and valuation, the current market is high.”

In mid-morning trade, the market fell across the board with all sectoral indices rolling in the negative territory. At 11.03 am, the FBM KLCI lost 14.81 points or 0.9% to 1626.20.

Big cap stocks that registered falls include PPB, Petgas, Petronas Dagangan PChem, AEONCR, KLK, Dutch Lady, Genting, Axiata, CIMB, Maybank and TM.

Yesterday the local funds and retail players were already net sellers, with foreign funds being net buyers, Fong noted.

“Valuation for our market is very high now, with some big cap stocks such as telcos having 30 times PEs. The last time we had such high PEs was in 1993 and after that the market crashed, but I don’t think there will be a crash this time around. A strong pull-back to just above 1600 is possible,” Fong said.

He said he is advising clients not to enter the market now as valuation is high. “But for those already in the market, they may have to hold on to their stocks for long term prospects.”

Yes, a well known masak masak taukeh!

You still hold? Congratulations!

Show off!

Scomi not bad eh?

I also dunno why. I guess that's why the price so cheap.
Sold the other day already. Might consider re-entry around 130.

Looks like a gangster company hor.

Ada masuk 'jail'?

Joker lah you.

Today is a nice day.

Sell more buy much more?

Just now you say you no like jail.
Scomi not that bad also.
Yesterday bouncing at 285 only.

Could be. This was a 'fast' trade for me. Just sold already.
I was seduced by its movement. Yesterday fall was like a big angpow for me.

Formed triple bottom, break the lowest dy.
?
The last two bottoms were exactly on the money at 1.02. MAS 'broke' that low today. It touched 1.00 briefly before trading at low volumes to close at 1.01. The day(s) is still 'young', and we do not know yet if this 1.00-1.02 will hold. If it doesn't hold, then this bottom will be a much lower bottom. Can still call a triple bottom if this bottom is much lower?

Another simple question. Why buy MAS now? Do you foresee MAS to return to profits soon?

Those who traded the double bottom formation in early Aug, has just experienced a failed double bottom of play by now, unless the traders were swift enough to exit at 1.10.

The thing is you are basing it on 'IF'.
IF it holds or rebounds around this price, then of course a triple bottom play is an 'option'.
What if the current bottom forms at a much lower price?

QEs are bad for stocks meh?

Looks like you have been busy. Busy making plans for next big KILLS?

It's possible that the housing sector gets some big incentives.
However, I am not keen about this sector at this moment.
Property stocks seems fairly valued right now. Nothing excites me... yet.

Haha!
Can I remind you that it's mine also.
I also have a few shares.

JCY again? Horrors?
Haha! You very cinta this stock.
One day, how many times you whack this stock?