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 STOCK MARKET DISCUSSION V134, CI step into 1800, are you happy?

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gark
post Jul 24 2013, 10:01 AM

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QUOTE(yok70 @ Jul 24 2013, 01:24 AM)
Maybank IB acts as stabilizer and bought Airasia X stocks. Then what? They will hold those stocks? Or they will sell back to the market later?  notworthy.gif
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As a stabilizing manager, the fund to purchase comes from the IPO proceeds itself, so it is basically AAX buying back itself. No loss to the stabilizing manager as they are merely agents, AAX foots the bill, later all these shares goes back to treasury. laugh.gif

This post has been edited by gark: Jul 24 2013, 10:01 AM
gark
post Jul 24 2013, 10:08 AM

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QUOTE(Boon3 @ Jul 24 2013, 10:03 AM)
If one is not lazy, one can use Uncle Google to check on past Greenshoe options performances.

This one is the first one tongue.gif

http://www.theedgemalaysia.com/commentary/...hoe-option.html
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If any IPO requires stabilizing manager on the first day itself already means it is overpriced and is going to fall sooner or later. Anyway I don't subscribe to IPO, most of it overpriced.

This post has been edited by gark: Jul 24 2013, 10:09 AM
gark
post Jul 24 2013, 10:09 AM

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QUOTE(felixmask @ Jul 24 2013, 10:05 AM)
Hi gark,

I thought the stabilizing mechanism using own IB $$$, not the $$$ from the IPO listing company?
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From overallotment of shares by listing company if not mistaken.
gark
post Jul 24 2013, 10:15 AM

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QUOTE(felixmask @ Jul 24 2013, 10:08 AM)
YES  nod.gif  from Prospectus
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You must take note that IGBREIT is now paying out 100% of earnings, this in the future is not sustainable...later will revert back to 90+%
gark
post Jul 24 2013, 10:58 AM

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QUOTE(Boon3 @ Jul 24 2013, 10:27 AM)
What's your estimate DPU from IGBReit for 2103?
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Don't know oh... never done much research yet. tongue.gif
gark
post Jul 24 2013, 01:32 PM

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QUOTE(Boon3 @ Jul 24 2013, 11:10 AM)
Maybe and possible.

Personally, I do not like Mad Valley at all. tongue.gif
It's been almost 2 years since I last step foot inside that place.  sweat.gif
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Ok wat... got everything under the sky.

Then which mall you usually go ah? tongue.gif Or you don't like go mall one... laugh.gif
gark
post Jul 24 2013, 01:39 PM

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Bonds : Death of an asset class.

Link here...

A very technical but good analysis for bonds returns for the next 7 years, which is expected to perform below cash.

This post has been edited by gark: Jul 24 2013, 01:40 PM
gark
post Jul 24 2013, 01:46 PM

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QUOTE(Icehart @ Jul 24 2013, 11:19 AM)
sweat.gif

But it's been a while since I last stepped on MV.
I dislike shopping actually. Car parks problem and the price sometimes you can get cheaper at your local 99 speedmart.
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got girlfriend/wife/children different story liao.... 'forced' to go shopping... sweat.gif
gark
post Jul 24 2013, 01:55 PM

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QUOTE(felixmask @ Jul 24 2013, 01:51 PM)
nod.gif  nod.gif Dont bring wife shopping sure WIFE/GF/Concubine/Mistress/Female moody Temperature not stable.
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Wah you so 'keng' got mistress and concubine also bring shopping ah.... laugh.gif Nanti kena' chop'.
gark
post Jul 24 2013, 02:03 PM

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QUOTE(felixmask @ Jul 24 2013, 02:00 PM)
must treat them good, then only they serve well back.
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Bring them shopping if wife/relative/friend/private detective see.. go back home wife 'chop' your little..... rolleyes.gif

This post has been edited by gark: Jul 24 2013, 02:04 PM
gark
post Jul 25 2013, 10:11 AM

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QUOTE(Boon3 @ Jul 25 2013, 09:34 AM)
This one also getting whacked until out of shape hor. tongue.gif

Yesterday volume... err ...  sweat.gif  sweat.gif

user posted image
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Somehow these are the graphs that excite me.. not the forever up one. Something wrong with me? icon_question.gif
gark
post Jul 25 2013, 10:35 AM

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QUOTE(Boon3 @ Jul 25 2013, 10:30 AM)
Forever up ones are good especially if you are patiently sitting in it. tongue.gif
To get big gains, you have to wait.
How to get 3x or 4x winners if you don't wait?
It's the same with investing or is the investing following the trading?  rolleyes.gif  tongue.gif
Investors don't pull the plants out upon seeing the first bloom of flowers, do they?  rolleyes.gif

Those falling ones...
laugh.gif
I know... you like cos .... you are drilled that buying something 'cheaper' is a good thing. tongue.gif
I know ... very hard to argue against that reasoning. Haha.
But in the stock market, I have seen incidents where all it takes is one bad falling cheap stock to whack you out of the game.
I saw it in Transmil last time.
Kaki thought when Tranmil fell kau-kau, it was opportunity of life time to buy something 'good' at a much 'cheaper' price.
How can it be bad? They argued.
Rich man Billionaire Kuok got big stake in the stock wor.
How can he let it die.
Kaki bought a lot when it limit down the second time.
When it rebounded a fair bit, he was convinced he was so right.
He bought more.  doh.gif
When Tranmil resumed falling.. he constantly bought more.
Still saying Kuok will not let Tranmil die.
He was wrong.
I am sure he lost at least 250k (maybe more) in that stock. He denied. Saying only 100+.  sweat.gif

When the stock is in its initial falling stage, what would really hurt is buying and then to see the stock continue to fall and have no idea why the stock keeps falling and have no idea when it will stop falling.
If I want, I would rather wait a bit first.
Let the selling finish first and not do the risky thing of guessing where and when the stock will stop falling.

Waiting to buy is as important as waiting to sell. tongue.gif
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Nice transmile story... but the transmile stock falling is together with deteriorating fundamentals. This kind of 'falling' stock I also don't want to touch.

For the forever up stock, most are selling at high valuation, again back to fundamentals. I also hesitant to buy cause it is overvalued...

Sometimes so difficult to play stock market, buy susah, don't buy also susah... sweat.gif
gark
post Jul 26 2013, 10:44 AM

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QUOTE(V-Zero @ Jul 26 2013, 10:41 AM)
Ini, lately I never bother to check stocks anymore.  doh.gif
Just take our blue chip compare to company like Coke in US.

Freakin expensive.  doh.gif
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Coca Cola : KO: NYSE... PE ratio is 20.6x FY13 wor... which of our blucheat is more expensive than that? laugh.gif
gark
post Jul 26 2013, 10:53 AM

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QUOTE(V-Zero @ Jul 26 2013, 10:48 AM)
Not exactly blue chip lah.
But the price sure is blue chip price.  tongue.gif

Dlady @ PE 23.94
Nestle @ PE 31.97
F&N @ PE 24.30
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Ok comparable lah... except nestle. tongue.gif But then again I get your point.

Apple is PE 10, Microsoft PE 12 and google PE 23 only...

Nestle is wayyy to expensive.. yet got people buy 1..
gark
post Jul 26 2013, 11:01 AM

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QUOTE(V-Zero @ Jul 26 2013, 10:58 AM)
Btw wondering if you know how to calculate the PE of KLCI?
Take the price and earnings of all the CI stocks?  hmm.gif

Need to consider the weightage also right.  shakehead.gif

btw.. Hoping Dlady to drop to PE20.  laugh.gif
You have a point there.
That explains why my ahpek watch list never move while index at record high.  tongue.gif
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Yes take all earning divide by all price total. Or you can just google... tongue.gif KLCI PE is about 16x now, not too high but not low either.

gark
post Jul 26 2013, 11:13 AM

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QUOTE(SKY 1809 @ Jul 26 2013, 11:08 AM)
But the weight age is used for computing the CI lor hmm.gif

Meaning to say, average of 16X is a bit fake  lah  .

BTW. EPF also not favoring lower PE CI stocks.....maybe
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The PE 16x not calculated by me one leh.. by the index manager, FTSE KLCI. tongue.gif
gark
post Jul 26 2013, 02:21 PM

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QUOTE(river.sand @ Jul 26 2013, 02:16 PM)
Apple - Warren Buffet won't touch
Microsoft - Buffett also won't touch because he is a good friend of Bill Gates
Google - PE 23 is really high for a tech counter  sweat.gif

Nestle is defensive. Even if economy is bad people still eat Maggi and drink Milo...
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Coca Cola is PE 20+
Kraft Foods is PE 20+
J&J is PE 20+
Unilever is PE 20+
Nestle SA is PE 18.8+
Danone is PE 20+


....

Why nestle malaysia so 'keng' one have to sell at PE 30+? rolleyes.gif

Other companies not defensive meh, including Nestle's parents? tongue.gif

Hint, hint... buy Nestle SA, higher dividend, lower PE, higher growth... than Nestle Malaysia (which is 70% owned by Nestle SA rolleyes.gif )

This post has been edited by gark: Jul 26 2013, 02:26 PM
gark
post Jul 26 2013, 02:34 PM

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QUOTE(ham_revilo @ Jul 26 2013, 02:32 PM)
malaysia market small ma. not much competitor, if milo double the price tomorrow, i think people will still buy but maybe lesser.

the same goes to the stock i think, its expensive but people still buy.

just my 2 cent though smile.gif
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No wor.. i won't buy even though i drink milo for many years already. Oligo is not a bad alternative. tongue.gif
gark
post Jul 26 2013, 02:41 PM

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QUOTE(jasontoh @ Jul 26 2013, 02:35 PM)
Nestle got list in US market? I can't seems to find it. hmm.gif
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Listed in SIX Swiss stock exchange. But you can buy the ADR from US market.
gark
post Jul 26 2013, 03:32 PM

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QUOTE(jasontoh @ Jul 26 2013, 02:43 PM)
Code name? I really cannot identify, so many about the same name
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Nestle = NSRGY:OTC US - US Stock ADR (15% witholding tax on dividends)

Nestle = NESN:VX - Swiss stock exchange (No dividend tax)

This post has been edited by gark: Jul 26 2013, 03:37 PM

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