This morning I look see at Keck Seng!

Stingy poker!
There goes the speculation for big bumper dividend. LOL!


This morning you got what for me to look see?

Titanic MISC is still sinking.deeper .......

another iskandar counter, CRESNDO, kenanga PT 3.56, anyone looking at it ?

NEXTNAT....

The comedy of the day. 0.095, 0.1, 0.095, 0.1...............

That reminds me of Celine Dion's theme for Titanic. If you listen to it while watching MISC tanks, how awesome.

Me!

I believe the potential is there but for now I am just looking only.

Iskandar theme WILL be the theme to focus on.
Real money is being spent on the region.
Last year a China developer invested big money in Danga Bay and then we have Kouk buying land from UEM Land.
Not forgetting Temasek's mega billion dollar deal with Iskandar Waterfront too.

RSP wait you for next 6 month.

This post has been edited by felixmask: Apr 24 2013, 11:00 AM

yaya, saw yesterday news robert kouk gonna invest 1 billion into iskandar

But all the news could have been factored into the prices.

Market Efficiency Theory.

Told ya, the special dividend never exist in such "kiam siap" Company

Erm, Shipping industry? MISC is a gone case, Maybulk?

hmm 0082 no power? Bone sifu got any updates on this stock?

Your statements are correct.

When i mention selling pressure, i was looking at buying and selling volume. At that point of time, i see low buying volume and high selling volume (queing btw). That's what i meant by selling pressure. my bad if it meant wrongly

Nevertheless, you analysis is even deeper. which make sense lo. 0.32 to 0.38 is 0.06= ~20%. profit taking make sense.

No I do not think it's a gone case.
The 'interest' in the stock must die or cool off first.
If you look at the chain of events, what has happened is normal.
Stock went up because of the offer.
Offer rejected stock fall down.
BUT after the rejection, some smarty pants suggested another offer could be launched within 6 months.
This eXcitement was splashed with cold water when news stated clearly that another offer can only be offered after 12 months.

I bought MISC before and made not bad money.
I think if MISC falls to those low again, I might .... just wet my feet again.

Maybulk? A big no for me.

No problem.
It looks like one terror geng analysis but trust me, it wasn't much analysis.
Basically you can see this from a simple look see and what I posted was very basic way to look at volume.
Better experts should be able to draw a better picture for you.

Those buy/sell queues...
Normally I will look but I won't pay too much attention on it.
Queues are easily added/withdrawn all the time and this makes it extremely hard for a simple person like me to understand,

yeah true on the volume. now the buy volume is nearly double the sell volume.

As mentioned by Guru Gark, it is better to put attention to the fundamentals of the co than the volume things, esp for new babies.

If buy and sell volumes could be fake, then transacted volumes be be faked too ( from left hand to right hand ).

How reliable is it to analyse a chart with those fake volumes and making a near perfect conclusion .

Just my thought only.

This post has been edited by SKY 1809: Apr 24 2013, 12:38 PM

Check in.

Apa ini.....I am not guru lar...

Looking at 3816.. look look see see...

Japan surging today again...

This post has been edited by gark: Apr 24 2013, 01:22 PM

I have not totally written off 3816. PE is kinda good too.

Japan ,many funds could have shifted out from China and moving into Japan.

MISC Bhd Petronas Privatisation Bid Fails
Date: 22/04/2013

News MISC announced that its major shareholder, PETRONAS had failed to meet the Acceptance Condition of 90% that is required for the delisting of MISC.

As of last Friday, the acceptance level for the Offer (RM5.50/share) stood at only 86.07%.

Comments We are surprised by the outcome as we had expected a better reception: 1) post the higher revised offer of RM5.50/share (from RM5.30/share); 2) and EPF's (the second largest shareholder) acceptance.

Given that Petronas' takeover bid has now failed, MISC will continue to be listed. However, we suspect that restructuring announcements could be on the cards; especially for the Petroleum and Chemical divisions, as we believe they were the main drivers for Petronas' bid to de-list MISC.

With the failed privatisation bid, we expect MISC's share price to weaken (the stock dropped 2.7% on Friday) as its valuations revert back to the current financial straits of the company.

Although we expect further improvement in FY13 (versus the volatile FY10-12 results), the company will still continue to be hampered by losses at both its Petroleum and Chemical divisions.

Outlook We believe that the shipping industry will continue to face tough times, especially for the Petroleum and Chemical segments, which will likely continue to be hurt by 1) volatile charter rates versus unyielding bunker costs and 2) the imbalance in the demand and supply of vessels.

Forecast Maintained at this juncture, pending further updates in its upcoming 1QFY13 results.

Rating Revert to UNDERPERFORM

Valuation We are reverting to our pre-takeover bid target price of RM4.61/share for now. Nonetheless, we will relook at our target price post 1Q13 results.

Our target price excludes the value of the assets of its Petroleum and Chemical Shipping division as we expect the divisions to remain loss-making in the near future.

However, should these divisions’ financial outlook improve or if MISC can successfully sell of these divisions, there could be an upside boost to our target price as we would need to include their NAVs into our valuation then.

Risks 1) Lower-than-expected charter rates; 2) a higher-than-expected bunker cost; and 3) Inability to pare of loss-making divisions at expected market prices.

Source: Kenanga

This post has been edited by SKY 1809: Apr 24 2013, 02:03 PM

So pitiful that your name is used daily like Dai Foo. Haha!

But then this is biasa when words are filled with bones.

Too bad, you're now simply collateral damage now.

Aiyo!
Say MISC mah.
I thought what FOUR tails you just mentioned.

Why you look see?