I thought you would since the other one's DEAD line is close.

Point about resistance.
Resistances and also supports are always there to be broken.
No supports and resistances lasts forever.
Correct ah?

LOL!

Don't worry, I understand what you are talking about and I think your points have its merits.
Hehe but what are the current news saying?
Aiseh, I am sounding like hard selling this counter when I don't even own any shares.

Here's some news to consider.
Coal prices. Are they up or down? I think they are down.
Tenaga earnings always have forex issues because they borrow a trunkload of May Kum.
May Kum today not as geng jor.
It's around 3.06 and at such rates, Tenaga will be boosted by forex gains.

Ujian ah? 

1. They borrowed in USD loh. Why? Err ... no idea.
2. What cause their shares dop so much last time? Which last time your ralking about?
3. Not sure.

Pass ah? 

Looks like Funds are re locating their assets from Plantations to Telcos.

Telcos offer good free cashflows like reits.

They can pay from  50 up to 90% dividends despite they need loans for capex.

Frankly reits are in debts too , even worse surviving on short term borrowings  /rollings.

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Added on October 3, 2012, 11:31 pm

Guessing only.

But Telcos up for a few days odeli .

Demands for smartphones are damn good throughout the world like we are having good economic times.

Some more, Govt got gives rm 200 to buy smart phones

SKP looks ok, not bad, decent but are you sure you are comfortable playing such a setup??

CPO counter should be on the rise today with the reduction in export tax. which counter that does not have tax free quota?

I ask counter not CPO price movement, as reduction in tax benefit those without duty free quota only.

Btw Chef, today long or short..

Tenaga CW and CX has no buy/sell bids? 
Close shop jor? 

calling magika..

long oh..

Don't understand.
Who is holding?

Yesterday I was mentioning ablout kena trapped by warrant. So today seems no bids, is perfect example.. Dont issuer have an obligation to bid ?

Oh.. this is what you talk about.
Cheh.

But it doesn't make any sense to me if they don't put out any bids.
Maybe I dumb dumb cannot understand but the CWs are 'betting tickets' for the market to bet on.
The bankers have set the prices and conditions of the bet long ago.
Why suddenly no tickets for sale today?
If they don't put the tickets out for sale, the bank do what business?
Based on yesterday prices, the W and X is in the money meh? 

Chef. You running fever or wat..Did not see 1658 on my radar..