On point 2....

There was a gap down last month... Why?

I see.

That's not very good development.

Interesting.....

http://www.theedgemalaysia.com/business-ne...c-takeover.html

KUALA LUMPUR (May 6): Damansara Realty Bhd (DBHD) rose as much as 13% on speculation that the firm, which has close links with the Johor royalty, will take over KFC Holdings (Malaysia) Bhd from Johor Corporation (JCorp), dealers said today.

DBHD officials could not be reached for comment.

At 2.57 pm, DBHD jumped 14 sen or 10.6% to RM1.46. The fourth top gainer saw some 9.7 million shares changed hands. It had earlier hit a high of RM1.49.

According to a dealer, DBHD might take over the ‘golden egg’ assets held by JCorp, such as KFC.

Johor businessman Datuk Daing A Malek Daing A Rahaman, who is well connected to the state royalty, has assumed control of DBHD via Seaview Holdings Sdn Bhd.

“We hear market talk that the Sultan of Johor views favourably on DBHD and is willing to inject KFC into the firm,” the dealer told theedgemalaysia.com.

On April 30, DBHD announced to Bursa Malaysia that Seaview had completed its acquisition of 51% of equity in DBHD from JCorp via a share sales agreement.

Daing A Malek is one the shareholders of Seaview.

Meanwhile, another dealer told theedgemalaysia.com that DBHD’s rise among the top gainers today could be due to a technical rebound.

“We think it is a technical rebound, although we have heard JCorp may inject assets into DBHD,” said the dealer over the telephone.

From a technical perspective, Kenanga Research in a note today said DBHD’s immediate support and resistance levels hover at RM1.32 and RM1.58 respectively.

=============

Wayang kulit time....

http://www.theedgemalaysia.com/business-ne...ara-realty.html

KUALA LUMPUR (May 6): Johor Corporation Bhd (JCorp) has denied speculations that Damansara Realty Bhd (DBHD) will take over its subsidiary, KFC Holdings (Malaysia) Bhd.

“JCorp is not aware of such proposal and has not solicited any proposal in relation to the mentioned companies,” said the state corporation in an email statement to theedgemalaysia.com.

Earlier today, theedgemalaysia.com reported that DBHD, which has close links with the Johor royalty, rose 13% after the firm was rumoured to take over KFC.

DBHD official could not be reached for comment.

DBHD attracted market attention after Johor businessman Datuk Daing A Malek Daing A Rahaman, who is well connected to the state royalty, assumed control of DBHD via Seaview Holdings Sdn Bhd.

Goreng like 10 years ago meh?

Not 10 years la...

back then was 2007 and now is 2014

So far, then 2007 and now 2014..... very much same..... so far. !!!!



This post has been edited by Boon3: May 6 2014, 09:42 PM

current 'downtrend'.....



sometimes they say patterns exist....

do they?

this current downtrend happened AFTER Homeriz announced their profits results on 28/4/14

Previous profits was announced on 24/1/14



.... and yes, a similar downtrend was also noticeable.

Only difference, I would say for the current downtrend, there was already a slight weakness of the stock before the profits were announced.

But betting on patterns is not a sure win strategy.

Sometimes patterns do happen, sometimes they don't.

This is the much bigger picture.

the previous profits were announced on end Oct 2013.

Homeriz went gap up instead.



So where's my tip?

what has thomas cup got to do with stock market?

Yeah, you might as well state that puasa month happens during mid of the world cup.

Yeah and then many are just playing candy crush in the office too!

What market?

LOL!




So funny.
Why don't one just prove conclusively that SELL before the World Cup is one fail proof strategy.

Point is we ALWAYS hear so many super market advices/theories.

SELL la in May and go holiday....
BUY for CNY rally....
SELL la before World Cup....
BUY la for Raya rally....
BUY la for Santa rally....

LOL!

So many theories.....

my point is?
Has anyone conclusively prove that these theories even work?

Sell in May theory?

I think I posted the 2013 and 2012, KLCI chart.
I even posted one random stock, PBBank.
Did the theory even work?

World Cup theory?
I have posted not too long ago the CI charts for the last 3 World Cups.
Did the theory even work?



Yeah, I think it is better if market players do their own homework, check their own data, before simply listening to advices.

Thanks for sharing your business experiences.
Yes, sometimes it can be a good indicator.... but .... remember there are always exceptions.

How many people, you know, have complained that business in general has been poor for the Dec-Feb period recently?

I heard many, from different businesses.

But strangely, if you recall the good/lousy profits trend list I posted recently, most companies that reported for that period, actually performed much better than last year.

Well..... how would you explain that?


You know, sometimes, observations are just observations.

Sometimes we can see a shop with booming business.
We walk in and we usually see loads of people in the shop.

But can we safely conclude 100% that this is a great profitable business?

We cannot because we do not know the financial standing of the company.
If the company is heavily leveraged, then whatever good business from appearance would be reduced greatly by financial costs.
Or perhaps, the owners have other huge hidden costs from our eyes?
For example, the owners could pay themselves with obscene salaries or the owners simply pass all sort of bills as company expenses.
When that happens, all the profits would be diminished!

Ok. Point noted.

Just to share once again the 2010 KLCI chart.



Notes....

1. The index dropped a lot in May itself.

2. The market however, rebounded strongly by end May itself.

3. 2010 World Cup started in June. http://en.wikipedia.org/wiki/2010_FIFA_World_Cup

Conclusion?

I am a cheapskate.
I try to use everything the free way.

My copy is from the trading software provided by my brokerage house, and in this instance, KenMoney.

Jupiter charting is the same, and yes most stocks have full historical data, except for CI.

Yeah... the CI ....

I cannot go back to say 2002.

Correction... my free cheapo software only provides me to see 10 year data.

Meh stock ah?

What the stock name?

Jinter ah?

Almost midnight and you think I remember numbers meh?

So what is the question, actually?




Lazy to think la

forgot.

well you can see the Q4 results is always much lower, right?

that page, where you took the screen shot, scroll up...
look at the last 5 years profits.
what trend do you see?

Or you can see Carlsberg.
Their Q2 is always much lower than Q1 every year.