QUOTE(bursalchemy @ Jan 2 2015, 11:27 PM)
fund mgmt but learning from this thread
This post has been edited by teehk_tee: Jan 3 2015, 02:06 AM
USA Stock Discussion v6, Midterm Elections! U.S. Jobs Report!
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Jan 3 2015, 01:57 AM
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Senior Member
5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK |
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Jan 3 2015, 04:42 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jan 2 2015, 02:06 PM) existing holdings, think good chance as us economy looks strong, usd getting stronger. crude... should see bottom "soon". but... how to buy more with rm? now...3.5145. This post has been edited by danmooncake: Jan 3 2015, 04:42 AM |
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Jan 4 2015, 02:30 PM
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All Stars
24,453 posts Joined: Nov 2010 |
QUOTE(danmooncake @ Jan 3 2015, 04:42 AM) i expect it to keep edging lower until one of two things happen - oil price rebound significantly or a reversal in net capital flow happens - both unlikely in the short term. this commentary by mier may be a little outdated but take note one para...QUOTE The values of ringgit Malaysia (RM) against a basket of major trading partners (China, Singapore, Japan, USA and Thailand) are consistently below the baseline index in May 2013. During the middle of 2013, ringgit depreciated significantly due to large activities of quantitative easing from the US Fed to increase its money supply in the environment of lower interest rates in an effort to boost economic recovery. Ringgit went through a volatile period from the middle of last year until the first quarter of this year before rebounding towards an appreciating trend until September 2014 and got weaken again thereafter. Bank Negara's international reserves were depleted in the bid to support depreciating ringgit. http://www.mier.org.my/outlook/ about oil price, everyone seems to want to predict how will oil price move from now. of all the reports and comments i came across, this one made most sense to me: QUOTE The faster it comes down, the faster it comes back. In terms of today, we started at $107 in June — and we are now in the $55 (US) range, and I think it could go down to $45, plus or minus in February … could be down for six to nine months and then I don’t know if it’ll come back 50 per cent, 100 cent or 150 per cent. OPEC will keep prices down until they have disrupted the investment cycles for the high cost producers. I think the six month period is no accident. They need to keep it down for a certain period of time until people “get the lesson.” http://calgaryherald.com/business/energy/o...eteran-jim-gray so, we keep close watch from now till 2q/3q2015. meanwhile, we'll see if saudi will do anything soon. This post has been edited by AVFAN: Jan 4 2015, 04:29 PM |
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Jan 4 2015, 10:37 PM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AVFAN @ Jan 4 2015, 02:30 PM) i expect it to keep edging lower until one of two things happen - oil price rebound significantly or a reversal in net capital flow happens - both I'm interested to know if low oil prices can hurt Petronas or not.. but someone spin the story it doesn't hurt Petronas at all but yet Petronas made its move to reduce cap expenses and caused a dump in Malaysia equities in December.http://www.thestar.com.my/Business/Busines...nies/?style=biz |
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Jan 4 2015, 10:54 PM
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Validating
1,525 posts Joined: Oct 2012 |
QUOTE(danmooncake @ Jan 4 2015, 10:37 PM) I'm interested to know if low oil prices can hurt Petronas or not.. but someone spin the story it doesn't hurt Petronas at all but yet Petronas made its move to reduce cap expenses and caused a dump in Malaysia equities in December. Our oil is the high grade oil which target airlines, aerospace, high R n D bio/ technology ..etc ..http://www.thestar.com.my/Business/Busines...nies/?style=biz For airlines, many companies already have a fuel /oil hedge contract allows a large fuel consuming company to establish a fixed price. If you are the oil producer and with the current price, will you want to dig more oil, sell yr oil or hedge the oil price to many big companies ? |
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Jan 5 2015, 03:11 PM
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All Stars
24,453 posts Joined: Nov 2010 |
oil... <usd52.
rm... 3.54x. |
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Jan 6 2015, 12:59 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
finally, oil at $50.
what's next? |
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Jan 6 2015, 01:22 AM
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All Stars
24,453 posts Joined: Nov 2010 |
bursa and rm will take another beating tmrw...
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Jan 6 2015, 04:39 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
ok. first stop 1970.
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Jan 6 2015, 09:05 AM
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Senior Member
2,222 posts Joined: Jan 2003 From: Penang |
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Jan 6 2015, 11:26 AM
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All Stars
10,123 posts Joined: Aug 2007 |
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Jan 6 2015, 12:46 PM
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
Obviously consolidating before resuming its downtrend...
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Jan 6 2015, 02:44 PM
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Senior Member
3,090 posts Joined: Dec 2007 |
Anyone used TradeMonster online brokerage before? I've tried searching for related topic here but found nothing hence would like to beg for a few 2 cents before I sign up with them.
This post has been edited by talexeh: Jan 6 2015, 02:47 PM |
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Jan 6 2015, 03:15 PM
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Senior Member
5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK |
QUOTE(danmooncake @ Jan 6 2015, 11:26 AM) Not sure if it will get there... I think if like last time (Dec 15/16th pullback), it could be another 'buy the dips' moment like mid oct, and mid dec.if bull comes in rampaging the next day after dip at 50ma (like today), then just close eyes and buy next day. especially if wti were to pivot strongly coincidentally at the same time |
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Jan 6 2015, 05:49 PM
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All Stars
24,453 posts Joined: Nov 2010 |
crude 48.xx...
this one coming true or what! QUOTE The faster it comes down, the faster it comes back. In terms of today, we started at $107 in June — and we are now in the $55 (US) range, and I think it could go down to $45, plus or minus in February … could be down for six to nine months and then I don’t know if it’ll come back 50 per cent, 100 cent or 150 per cent. OPEC will keep prices down until they have disrupted the investment cycles for the high cost producers. I think the six month period is no accident. They need to keep it down for a certain period of time until people “get the lesson.” http://calgaryherald.com/business/energy/o...eteran-jim-gray and more pain for bursa, rm, 1mdb, etc... man, my pack of boncafe will be rm20, salmon rm80 per kg soon!! |
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Jan 6 2015, 11:20 PM
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Senior Member
3,090 posts Joined: Dec 2007 |
First experience with HLeBroking's foreign exchange platform went down the drain.
It keeps giving me silly reason that it's unable to process my order due to sector suspended. Called the toll free & his first attempt failed until he changed to "another system". I don't really enjoy calling the broker every time I want to place an order but I'm not sure if this issue is unique only to HLeBroking or other local brokerages as well. |
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Jan 6 2015, 11:48 PM
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All Stars
24,453 posts Joined: Nov 2010 |
QUOTE(talexeh @ Jan 6 2015, 11:20 PM) First experience with HLeBroking's foreign exchange platform went down the drain. i can say cimb's itrade is ok. had been using it for sgx and nyse. all is good.It keeps giving me silly reason that it's unable to process my order due to sector suspended. Called the toll free & his first attempt failed until he changed to "another system". I don't really enjoy calling the broker every time I want to place an order but I'm not sure if this issue is unique only to HLeBroking or other local brokerages as well. haven't used the others - thailand, indon and hongkong. |
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Jan 7 2015, 12:10 AM
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Senior Member
3,090 posts Joined: Dec 2007 |
QUOTE(AVFAN @ Jan 6 2015, 11:48 PM) i can say cimb's itrade is ok. had been using it for sgx and nyse. all is good. Can I know what platform CIMB iTrade use for foreign exchange? HLeBroking uses IRESS.haven't used the others - thailand, indon and hongkong. I'll see if my broker can give me an explanation on how to prevent this issue from occurring again or else I'll have to switch to either iTrade, OSK or foreign online brokerages. |
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Jan 7 2015, 12:22 AM
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All Stars
24,453 posts Joined: Nov 2010 |
QUOTE(talexeh @ Jan 7 2015, 12:10 AM) i hv no idea what system or which developer did it...not perfect but works fine most of the time. not complaining. can use on pc or ipad, can do e-ipo, foreign bourses, can transfer money between trading and bank acc,.... i find it good enough. |
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Jan 7 2015, 12:22 AM
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Senior Member
855 posts Joined: Jan 2010 |
-Holds zero interests in this lair
This post has been edited by Brother J: Jul 14 2015, 01:55 AM |
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