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 STOCK MARKET DISCUSSION V129, All time high!

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ham_revilo
post Mar 30 2013, 01:59 PM

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QUOTE(mopster @ Mar 30 2013, 12:44 PM)
JibGor will go for Umrah next week... so confirm not next week dissolve...
earliest would be 8th April... 1 more week to goreng..
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its almost definitely going on auto pilot. he still have 24th april asean summit at brunei.

darkknight81
post Mar 30 2013, 02:51 PM

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QUOTE(foofoosasa @ Mar 30 2013, 02:35 PM)
I want to re-buy it.I got some fresh ammo. smile.gif
anyway off topic, I wonder how Affin bank attract you beside valuation wise perspective.
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Haha good point bro.

1. Free float of affin is less than 20% !!!

2. Bank of East Asia owned 23%. Which means it was indirectly owned by quek.



darkknight81
post Mar 30 2013, 02:55 PM

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QUOTE(gark @ Mar 30 2013, 02:55 PM)
Wilmar lauric (ie. palm oil) division is doing a fantastic job.. it is just the china crushing operations which is bringing everything down. I will wait for at least they can break even for their crushing plant, then i would invest. But their valuation is very high > 10 PE... hmm.gif
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Compare with malaysia plantation giant like klk, sime, genp wilmar is much more cheaper. Besides, i like it sugar business as well.

Furthermore, they have diversified into consumer products. E.g. Partner with kelloggs etc

This post has been edited by darkknight81: Mar 30 2013, 03:21 PM
gark
post Mar 30 2013, 03:07 PM

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QUOTE(darkknight81 @ Mar 30 2013, 02:51 PM)
Haha good point bro.

1. Free float of affin is less than 20% !!!

2. Bank of East Asia owned 23%. Which means it was indirectly owned by quek.
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Good company, but donlt like majority owned by LTAT... politically linked.
SUSPink Spider
post Mar 30 2013, 03:37 PM

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QUOTE(gark @ Mar 30 2013, 03:07 PM)
Good company, but donlt like majority owned by LTAT... politically linked.
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And that day I listened to an interview with some Affin bigshot on BFM 89.9, the discussion then was about the proposed takeover of Hwang Investment Bank. Seriously, that guy dunno what is he talking...the interviewer asked him about how to retain clients of Hwang's famed investment management arm, and he went on about having plans and mechanism in place to prevent that from happening. And he spoke with such overbearing, proud tone rclxub.gif

Hello, we are talking about customer loyalty, not staff loyalty, u cannot stop your customers from leaving doh.gif

Doesn't inspire confidence at all, as a customer of Hwang Investment Management, I'm praying hard that Affin won't take over Hwang. sweat.gif

This post has been edited by Pink Spider: Mar 30 2013, 03:39 PM
foofoosasa
post Mar 30 2013, 05:24 PM

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QUOTE(gark @ Mar 30 2013, 01:55 PM)
Wilmar lauric (ie. palm oil) division is doing a fantastic job.. it is just the china crushing operations which is bringing everything down. I will wait for at least they can break even for their crushing plant, then i would invest. But their valuation is very high > 10 PE... hmm.gif
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This is what I read too last time when I go in, It seems like the operation in China not so impressive bring down the overall result . Actually I am not truly understand what is happening in their Oil Seeds and Grain business.

And the report from last year 2012 3Q says that their sugar business making loss due to the delay of operation due to weather/ season factor - wet weather. I have truly little knowledge in these operation how does it works.

The only confirm things is lower palm oil price booast their profit for palm and laurics.

Valuation very high I am not sure, Personally think quite fair the share price currently. smile.gif

Thanks for your valuable opinion notworthy.gif

This post has been edited by foofoosasa: Mar 30 2013, 05:27 PM
foofoosasa
post Mar 30 2013, 05:27 PM

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QUOTE(darkknight81 @ Mar 30 2013, 02:51 PM)
Haha good point bro.

1. Free float of affin is less than 20% !!!

2. Bank of East Asia owned 23%. Which means it was indirectly owned by quek.
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Point noted, will consider it, but currently myself holding too many financial counter already...

Thanks notworthy.gif

This post has been edited by foofoosasa: Mar 30 2013, 05:27 PM
SKY 1809
post Mar 30 2013, 09:11 PM

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QUOTE(Pink Spider @ Mar 30 2013, 03:37 PM)
And that day I listened to an interview with some Affin bigshot on BFM 89.9, the discussion then was about the proposed takeover of Hwang Investment Bank. Seriously, that guy dunno what is he talking...the interviewer asked him about how to retain clients of Hwang's famed investment management arm, and he went on about having plans and mechanism in place to prevent that from happening. And he spoke with such overbearing, proud tone rclxub.gif

Hello, we are talking about customer loyalty, not staff loyalty, u cannot stop your customers from leaving doh.gif

Doesn't inspire confidence at all, as a customer of Hwang Investment Management, I'm praying hard that Affin won't take over Hwang. sweat.gif
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all u need is to pray hard that Affin share price shoot to the roof.

Then u would start to marginalize all yr mentioned " weaknesses " in Affin .

Luckily, Tambun share price moves a bit this year , so investors have more or less forgotten their earlier complaints ( marginalized liao) hmm.gif

In the eyes of most investors, cheap shares do not look good at all i.e badly "linked" somewhere yawn.gif

Not saying it is wrong anyway, just the usual forum culture maybe.

This post has been edited by SKY 1809: Mar 31 2013, 02:53 PM
Dividend Warrior
post Mar 31 2013, 12:30 PM

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New thread!!!
TSyhtan
post Mar 31 2013, 06:45 PM

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QUOTE(staind @ Mar 30 2013, 09:19 AM)
Election after jibkor finish pai pai.
PETALING JAYA: The dissolution of Parliament to pave the way for the general election looks likely to take place only after the second week of April as Datuk Seri Najib Tun Razak is scheduled to perform the umrah or minor haj next week.

Sources said the Prime Minister is expected to depart for Saudi Arabia on April 3 after chairing the next Cabinet meeting and taking part in a cycling event in Putra-jaya.
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Look like he is going to seek advise from god laugh.gif
Bonescythe
post Apr 1 2013, 12:41 AM

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QUOTE(staind @ Mar 30 2013, 09:19 AM)
Election after jibkor finish pai pai.
PETALING JAYA: The dissolution of Parliament to pave the way for the general election looks likely to take place only after the second week of April as Datuk Seri Najib Tun Razak is scheduled to perform the umrah or minor haj next week.

Sources said the Prime Minister is expected to depart for Saudi Arabia on April 3 after chairing the next Cabinet meeting and taking part in a cycling event in Putra-jaya.
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Hahaha...

CP88
post Apr 1 2013, 07:03 AM

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QUOTE(staind @ Mar 30 2013, 09:19 AM)
Election after jibkor finish pai pai.
PETALING JAYA: The dissolution of Parliament to pave the way for the general election looks likely to take place only after the second week of April as Datuk Seri Najib Tun Razak is scheduled to perform the umrah or minor haj next week.

Sources said the Prime Minister is expected to depart for Saudi Arabia on April 3 after chairing the next Cabinet meeting and taking part in a cycling event in Putra-jaya.
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Guess he can considered as bapa kepercayaan pai pai smile.gif
Icehart
post Apr 1 2013, 08:47 AM

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Today April Fools day.
Stock market might crash later.
river.sand
post Apr 1 2013, 09:04 AM

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So will GE fall in May hmm.gif End of this month people busy filing income tax...
Bonescythe
post Apr 1 2013, 09:08 AM

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KLCI will fool us by dropping 50 points in a sudden?
Icehart
post Apr 1 2013, 09:19 AM

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What a good start to a red day biggrin.gif
So little trading going on.
Bonescythe
post Apr 1 2013, 09:19 AM

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Don't be fooled by the low volume bro.. Hahaha
Icehart
post Apr 1 2013, 09:24 AM

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QUOTE(Bonescythe @ Apr 1 2013, 09:19 AM)
Don't be fooled by the low volume bro.. Hahaha
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Ah Bone, how's business? brows.gif
SUSStupidGuyPlayComp
post Apr 1 2013, 10:38 AM

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just login and found CI so red......................
Bonescythe
post Apr 1 2013, 10:39 AM

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QUOTE(Icehart @ Apr 1 2013, 09:24 AM)
Ah Bone, how's business?  brows.gif
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Ah.. Business is so so only bro.
Last year punya year end quite gao gao.. This year not much for the start of the year, but got some small goodies bag only la.

How is your ice cream going on?

Maybe can take 10 box to the voting center to sell.. Not bad one

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