Anyone has frequently trading the shares in the stock markets.Or invest in it.
Or someone has the knowledge to read the financial statements of each company to determine the growth of it. If yes pls come n share abt the current news n update prices or even forecast.

Personally, i m very interesting abt the stock markets in Malaysia n i seldom play jz observe the share.

Good topic to start with stock market. I want to know also. thanks.

honestly i know nth on stock market, willing to learn also.....

http://www.klse.com.my/website/bm/index.jsp

crap talk about tips and rumours on klse
http://www.osk188.com/forumOpen.jsp?id=2

visit the star website daily to check on how the stock is performing as it has top 20 active share , dividend info, and yearly performance and etc
but the share price updated is like 1/2 hour late.
http://biz.thestar.com.my/marketwatch/

another worthwhile site to visit is the edge daily.
http://www.theedgedaily.com/cms/index.jsp

1st thing if you want to buy share is to open a CDS account(central deposit system, if i'm not mistaken) with a local brokerage / securities house like OSK, Maybank security, etc.. only cost rm 10 then you can start trading share.

there's a free seminar on how to be stock-market savvy by the Securities Industry Development Centre
http://www.sc.com.my/

This post has been edited by repusez: Oct 11 2006, 07:43 PM

If have to decide if you want to speculate or invest

If you want to invest in a good KLSE counter, here are some useful websites

The Edge Online:
http://www.theedgedaily.com/cms/index.jsp

Bursa Malaysia's eResearch:
http://www.bursamalaysia.com/website/bm/li...e/eResearch.jsp

A basic knowledge of reading financial reports will be very useful. Earning per share (EPS) is one of the value that will determine the fair value of a stock.

Get a book about Value Investing and/or Warren Buffet.

This post has been edited by Ranma: Oct 11 2006, 10:51 PM

well today Malaysia stock market is dead notung much tot alk about. it alwasy trap people inside the stock at high price.

well if you relly want to invest buy stock that only give good dividen.

i have read stock market for sometime looking at the graf and price.

for example genting RM12.50 now more then 18 plus. resort RM3.25 the highest go to 12 plus at a time. now i already stop lookng because i see no point.
a lot people dare not to invest in shares now. by the way i got this is because my father work as remiser for 30 years no income. even if have around 300 a month....haha

You should've kept looking bcoz Genting is now RM26+ and Resort RM11+

A lot of retail investors are followers. They only enter the market when it is "hot". The "hot" period was not that far back, up to middle of this year KLSE was very active. So is KLSE dead or just sleeping?

haha...las time i monitor genting day by day. wow today 26 plus oh well i see some of the stock about 80% of them all gain.

but now good stock already sky high no worth to buy. average stock you buy you die
low price stock you buy wait till dun know when.

well can say Malaysia stock market is 70% dying and 30% sleeping.

if you know this story before if true MAS last time sell to govement at RM20 per share and today price is like what RM2 plus i guess.

stock market in Malaysia is control by politic.

well just a clue if you want to buy and sell share. you your feeling,study all background and graf only buy it.

Hexagon and Ipmuda. My forecast will double their share prices in no more than a month.

KLSE like that one lah - got counter lose a lot, got counter gain a lot.

Digi RM4+ 2.5 years ago, now RM12+ plus dividends and capital repayment
Pos Holding RM2+ 2 years ago, now RM5.

These are not speculative counters. Those who know how to invest will still gain even in a slow market.

Care to share what makes you think so?

July I bought AirAsia at very low price and now they rise back

waiting them to drop again to quite low price again..

plan to buy ToTo, they just give out dividen and ppl speculate their price will drop after dividen

I hope moderators will be able to state that the opinions on this forum doesn't contribute to any advice to buy/sell/ hold any shares etc.

Some newbies might treat it as easy way to earn money and go pk.

Investment itself is a risky stuff. Although whatever we are going to discuss here is just for reference. If anyone taking for real, no one to blame on. Believing that, newbies need to pay some fee to learn the lesson.

Great that got such section. Was actually long awaited this. By the way, me newbie too.


cheers,

they have brain to think, so easy go PK meh?

I never play stock, just observing from time to time. I have no watsoever experience, however im eyeing on scomi-ca. This fella always at 5 or 6 cents, and suddenly will go up >100% and then fall back again to 5/6cents.. den idle and slacks a while, before it goes for another jump. How to "play"? haizz

It closed at 0.22 today, leapfrog from 0.07 last week, damn I miss it
The mother share Scomi also shoot up...on the rumours of it major shareholders planning to privatise it

that was really a bad miss

3weeks ago i plan to put in money into money but now too late ady dang! I heard got smth to do with SJER?

you have any insiders info?
do the shareholders have enough funds to acquire it in the first place

It depends how you compared, if you compared with price at 1997, then I bet 80% of the share price is still off more than 30-50% below. The stock market has only partially recovered from the 98's financial crisis. Apart some heavyweight and quality stock (MISC, Genting, PBB, Guiness etc) which has fully recovered and perform very well, others still struggling with poor financial result and debt.

Don't need to look at those chapalang penny stock which has no fundamental issue and having poor financial situation for investment intention unless for speculation purposes then different story but remember hit and run, don't stay for too long, since 'goreng' season won't last vey long. When syndicate successful earn from the 'goreng' then they will 'cabut' let you have the rotten egg.

Before MAS being is privatised, gov sold at RM8 (market price at that time about RM7.xx) to former MAS CEO Tajuddin. When Tajuddin left (MAS in trouble), gov bought back from him at RM8 also (but market price is RM2.xx at that time)

Can't disagree with that KLSE is influenced by politics since more than half of the company is GLC linked.

when the stock market will slump?

i can see around 2007 it will slump. After general election it will go down to the max.

I am interested to know how you come to this conclusion? Research? Source?

this is based of property development cycle. There is always up and down in the market cycle.

just do your research on property development cycle.

well guy now is time to invest in cepalang stock.
reason as below

cheap stock but of course need to know the back ground
is lost not muchas the rest
gain depend let say it let u earn RM0.10 each and your cost is RM0.30 if you buy 100ltos how much you gain

there r many type of share u can invest
if those KLSE is call future share
if u play those like genting, tenaga etc r call equities
there r a lot of share market around

if the company got good news, the share will rise

u must know when to hold & when to let go

one thing
dont be GREEDY

I just feel that KLSE wil drop from 1k to 800...mayb..coz this is end of DEC..many company will do false audit...tats why la..

if you are investing in construction shares such as UEM u will gain lots of $$$$

Just wanna be more precise,
The market where shares/stocks are traded is called equities market, whilst the other market which trades base on certain underlying (i.e. you do now claim ownership to the company or so, eg commodity, index, interest rates, shares) is called derivatives marke.

No no, it will the other way round.
Normally towards year end when companies are preparing their annual report, their shares prices will be lifted so that it looks nicer in the financial statement. Some call it "window dressing" if not mistaken

'Window dressing' is mainly driven by funds which make their report card looks good eg. EPF board, PNB, and UT funds that hold significant portion of the shares. If the year end price looks good then their portfolio also gain a lot and bonuses normally are based on their performance, that's why occassionally you see some window dressing happening at year end.
Bare in mind, this only can be done if the market relatively not that active, if something bad news which is not favour the market, window dressing won't have any effect and share might as well plunging. All depend on market situation, nothing is ascertain.

also be wary of analyst reccomedation,cos somke times these guys are a wee bit whacked

Vexus,

I guess you have NOT learn from what happen to UEM during 97/98. I did.

Dreamer

i mean now, i didn't mean 1997. UEM get alot of govt project currently.

hey...wil there be another 1997 market down fall again?..2007 next year

if got ppl Speculate, sure will down

there will another downfall, but don't know when. Expected 4Q 2007 - early 1Q 2009

if me not mistaken,... the one you mentioned just up and down... up and down since year 96. After 97, drop like can't really see the bottom. Can't really see its trend at all... I dare not try this share at 1.4 something.

lol...lucky i din buy any share...

erm..i play forex..but traditional ways..

i bought many ren min bi and keep at home..lol..few K la...

then when rise i sell off...earn few hundred bucks la..

nowadays china market very strong..and its independant ler...
so i just buy it and store at home..hopefully no bulgars wil lcome in my room ...

I would like to contribute a little opinion.

Generally, when buying into a stock, I will do my research on the particular stock's strength. I consider myself the fundamental player as compared to the other group of player (speculative).

What do I look for in a stock to buy ?

First, profitability of the company

Second, past year result (no point buying a 1 HIT WONDER company)

Third, independence of the audit committee (no point if the CEO/Chairman/MD sits in the audit committee. the audit committee should be independent whenever possible.

Fourth and I place most emphasis, look for shares which have their stock price lower than their Net-Tangile- Asset (NTA) example: stock price RM1.80 and NTA RM2.50 means each stock valued at RM1.80 is BACKED by RM2.50 worth of ASSETS

Fifth, Price-Earning Ratio (PE Ratio)

Nevertheless the market is bigger than our control so these are no guarantee of me making a decent profit EVERY TIME ! It is MERELY a guidelines I followed when choosing a stock.

Do feel free to contribute.

Gearing ratio is one of the concern for me too.
For example, Megan has a very low PE ratio but its high gearing really scary
However sometime high gearing is due to rapid expansion of the company - so again it depends on the risk appetite of investors I think

Yup you got that spot on.

Gearing / Debt of a company (whether long term or short term) have been included in the calculation of the NTA.

Normally if a company have high debt, NTA will be low numbers or even worst in Negative.

Another major issue is its management team. Without a good management team, no matter how its profitability, surely one day they will use up the resources. eg. previous UEM also gain a lot of gov project and $$ but poorly managed the company has brought down the company and need gov to bail out. Last time people also said UEM is blue chip also is one of the foreigners fund liking since it is backed by gov and getting almost all the big project and its share traded at RM1x.xx but when market crisis unfold during 97, all minority shareholders suffers almost their investment in it, since then, it has been delisted. I forgot how much it last traded, a ringgit or two?

Cashflow a company also an important factor, profit does not equal to cash flow. Some people might not realise it, a profit sometimes is just a paper profit, not actual getting cash from it eg. TNB got huge foreigner currency debts, when ringgit appreciated then it will generate paper profit from it since it needs to pay less but did it getting cash from it, no!. So, sometimes don't be fooled by its profit. That's why people asked why TNB getting billion of profit but still need to raise their tariff since it faced cash flow problem.

A handful of local analysts are sometimes a joke (but not all, some still putting quite good recommendation) no depth, just follow what market said. Just like now when market has gone up then said market is quite bullish and share price still has potential to go higher, still can buy, hey, people already gaining from it (10-20%) already, now only recommend people to buy it, buy high, sell low? but no recommendation at all when market is mostly quiet time at 8xx last year.

There are plenty more issue can be discussed in share investing. Long stories.

This post has been edited by cherroy: Nov 17 2006, 03:19 PM

u hv to understand the company is which industry...purely looking at gearing will not bring u anywhere...importantly, look at the cashflows n business plans...go AGM not only makan..exercise ur rights as shareholder........

arr... I dun know so much stuffs lah. But what I see today really no good!!! Most shares I bought show me (the red digits)...

same with me
patient my friend
wat goes down
will go up

At the current market situation, we can forget about strategies. This is a blind bull rush. Many predicts it will return to norm soon. Prior election everything will look good.

do anyone here have a list of all the GLCs?

Vexus,

You still have NOT learn anything. UEM was a highly profitable company during 97/98. It became unprofitable when it was forced to bail out Renong.

So, UEM is profitable now. How certain are you that it will not be asked to bail out someone again.

Dreamer

i say u invest in UEM stock market u get a gain now. UEM stock market is rising up. But you don'e expect longterm investment. Just do it short term. play around with UEM stocvk market for 2month+ and let go.

Did you read the annual report of UEM World & UEM Builder??

U're not stu**d I know but there's always a someone who is.......

Which UEM were u referring to?
Doing forget, UEM is separated into UEM World & UEM Builder now.
Anyhow, for FY2005, both of them are losing money, in the 9 figure region.

Well, to all who are new but interested with the stock market. Remember these facts:

1) KLSE are full of short-term players & speculators.
2) In KLSE, good shares sometimes don't gain but bad shares fly sky-high.
3) The SC are full of crooks.
4) Do homework, don't follow rumours. A 1-time lose would render all your previous gain back to 0.

Edited by Geminist: Posts merged

5)Beware of syndicates that play in the share market

For long term investment , go for foreign manage companies(I dun mean run by Sillyporeans) BAT, Nestle Digi etc buy into these co's in bear market.

Ok guys,... since this thread is Stock Markets in Malaysia. This post consist of some shares I've been checking so far. Any opinions about these shares, or got any information please talk here. No private information or discussion at all. Thanks a lot.

AIRASIA-CA
AIRASIA
MRCB
PBBANK-01
PBBANK
LBS
RHB
PUNCAK
FBO
PPB
OSK
COCOLND
YILAI
KAF
IDAMAN
IRIS
SCOMI
AMMB
UEMBLDR
TIMECOM
CAROTEC
TIME
BURSA
UEMWRLD
PLUS
SWEEJOO
COASTAL
CENBOND
HLBANK
KFC
KBB


Posting these information does not consider as private and confidential right? What you guys think?! The thing is,... are these shares good? That is what my main concerns all about.

Interesting bits is, I said before... no UEM. But my agent keep saying UEM?!

Thank you very much.

UEM is the blindman's choice. Probably had the Pg 2nd bridge project in their bag.

From your list, Airasia and PBB tops my list of portfolio. . Good luck on the others.

The list is a bit too long, for individual you can't monitor all the counters, the most is 10-20 counters, bare in mind when you bought their shares, you need to follow their business activities as well as their performance. Shortlisted into few then start picking what you want.

However, among the list, personally think that only PBB, PPB are considered quality stock and well managed. Airasia is a bit expensive at Rm1.50, and its business nature is quite vulnerable to oil price. But if you see oil price can drop to below USD50 then might consider. Others espeically like UEM, Time, Timedotcom, MRCB are more on political side, 'goreng' type.

For PBB-O1 is same as PBB, PBB-O1 is mean for foreign ownership which is cap at 30%, however local people/fund also can buy it. Previously, when there are plenty of foreign interest in the stock market, PBB-O1 has premium of a few ten cents to a ringgit more.

With your words, guess I would put Airasia and PBB as top priority too.
I got an idea now, when this section got many investers. Then we pick one share to invest. My capital is not big enough to raise it. But with invester001, invester002,... investerZZZ. The capital accumulated is handsome. Hit it hard, and see how?!

The problem is,... by doing this. Is this legally okay?! I'm not so sure... ?! Mind to teach me something? Anyone?!

don't quite understand, mind to elaborate.

i meant,... now i seeing you, cherroy,... and Grengo01 too. We all might be investers for any shares on the market. However, since our capital is not big enough. I mean, i myself lah, actually I could only buy 3 or 5 units of 1 share. However, when this forum grown. Many investers might be seeing what we talking/discussing here. So, we choose one share. Then, all investers buying it at the same time. The amount of units bought would increased so much. Then, others investers ain't stupid too. They would following the step too. Hence, share price would increased, right?

Thing is,... is this action legal?! My way of doing things is,... all by law. Illegal one, i won't do. Make the games fair the better.

Now clearer??!

I only buy PBB.

Dreamer

Edifgrto,
I get your point, it is not against the law or rules of trading as far as I know. This is also the way the 'goreng' syndicate spread rumour to attract punters into it. Syndicate accumulate plenty of the 'goreng' stock then spread or create some false good news or rumour about the company so that when syndicate push up the stock, people will chase into it then the syndicate will let you have it at high price and late punters stuck full with overpriced stock and become like 'crab'.

But on the other hand, if you guys let say A,B and C has been compromised in pushing up the stock through manipulation then it is definitely against the manipulation law eg.
A sell to B -> RM1
B sell to C ->RM2
C sell to A -> RM3

then the cycle goes on and price become RM 10, let say, then it is definitely called manipulation since A,B and C are under same syndicate. This scenario is most probably happened in low liquidity stock since not much liquid shares in the market and easier to do.
Also, when a share is overpriced, you might see tons of share flocking out waiting to sell for you. Several million Ringgit of buying is just peanut in the stock market. Don't think stock market is that easy to play with.

I use the word punters rather than investor since in my opinion this is kind of speculation rather investing.

Btw, it is called investor not invester.

beside PBBANK, YILAI, CAROTEC, PLUS and COASTAL
others don't worth my $ in for long term..

This post has been edited by lipkhin: Nov 19 2006, 04:00 AM

AIRASIA-CA: hm... play contra
AIRASIA: hm... not for now..
MRCB: shorterm
PBBANK-01: no idea
PBBANK: hold it for the interest...
LBS:no idea. maybe next round for 2nd board...
RHB: overheat oledi...can consider rhbcap.
PUNCAK: i hold 10 lots. predict it will be up by next month. now is time to go into.
FBO: sleeping share, wait for new annual report.
PPB: play safe.
OSK: up trend for 3 months...
COCOLND: no idea.
YILAI: i never consider this.
KAF: no idea.
IDAMAN: hm...can consider but we have better choice now.
IRIS: never look back into it after the crash.
SCOMI: the heat is over...
AMMB: better to play on ammb-wa
UEMBLDR: uem...umno share...so u know...
TIMECOM: target price rm1?
CAROTEC: good for future but not for shorterm...
TIME: better put the money into timecom.
BURSA: target price rm8 as long as the bull is still running.
UEMWRLD: some comment as eumbldr
PLUS: better play on plus-ca
SWEEJOO: for longterm.
COASTAL: no idea.
CENBOND: not for now...
HLBANK: can consider..
KFC: see what QSR will announce...
KBB: no idea

want to know how the manipulator manipulate the market, u can visit my blog, i have the article on it, u also can download the full article about "The deadly art of stock market manipulator"

Also, if u wish to learn how to trade stock, but do not want ur hard earn money give to the "winnner" as tuition fees...i may guide u or u can read my some writing about how to invest like expert & smartly.

After u equip urself with enough "bullet" or knowlege then start ur trading, u never know how ur performance if u don't put ur initial investment!

We should buy on sound fundamentals.. then again in such a bull market.. you go by the news by the whisp of the wind...

PBB is the soundest of shares in the market.. Good dividend policy and stable and solid shares.

Psst.. you may want to look at some sin shares.. Tanjung, BJToto, Genting, Resorts World. The latter 2 is going to go through the roof once Sentosa's casino is theirs... . My personal favourite, BJToto.. good dividends.. silent share...

wat is the lot size for PBBANK & BJTOTO? 100 or 1000?

all can buy in lots of 100 shares these days..

min u can buy is 1lot

1 lot means 100 unit

Most of the people now saying the market is bull market...So, how long can this bull stay here? Can the market be high until mid of next year?

The way I see this time is that, index definitely at high side but not broad based still there are plenty of stock that perform not well.

Currently the index surge is largely because of plantation stock like KLK, IOIcorp, Sime hit all time high due to high price of CPO and TNB due to increase in trariff. All are index linked heavyweight, others only gain a little bit only. In my opinion, it is still a little bull only if compared the market during 1992-93.
The market currently is lack of seller rather than plenty of buyers so not much people want to sell and buyer has easy time to push up the price, I am talking of big heavyweight, index linked, not those 'goreng' stock.
With TNB went up from RM8.++ to RM10+, it already contribute almost 20 points for index while KLK went up from RM9 to RM 14 contribute another 20 points, so with several important stocks that have performed quite well, that's why you saw index shoot to 1040+ from 900.

Although recently, everyday the trading volume exceeding 1 billion but trading value still not that high, mostly concentrate at lower liner and cheap stock and warrants typically a few ten cents so although volume is high but the most important is the trading value. You won't trade 1-2 lots if the stock is RM0.20, right?

Nobody can give you an actual answer when the current bull market will end or the market will go higher. But market can't run away the most fundamental factor, economy and company earning. If the economy will do well next 2-3 years, stock market definitely will go higher since company earning will improve, on the other hand, if the economy will be bad then it will affect the company profit then surely stock price will go down with it.

Economy is a very funny thing and sometimes unpredictable just like when 90's, when economy booming non-stop, who will guess financial crisis hit suddenly at 97 and still not fully recovered after almost 10 years.

Yeah... I concur, market is funny.. when there is good news... all around any news is good news... but the moment the bears set in... all news turn bad... and people start to panic and start throwing shares..

But a good indicator... the moment you see alot of aunties at the stock market.. its time to pull out.

Agree...when everybody also join in the share market and thinking easy to earn moeny from share market, it's time for us to get out from it and wait for the right opportunity.

the composite index will reach another milestone next year..... another all-time high

Economy today is unlike what it was 10-20 years ago where an upswing can hold momentum for long periods. In the past we have seen how crude oil prices can affect the upward momentum of the equity market. Even more, terror acts that can cause stock market to nosedive globally.

So, what I am trying to say is, 1992 Super Bull Run may not happen again. While many will still think penny stocks could be the rage just like in 92, it may not be this time round.

But after all said, I see alot of indicators pointing to a bull run year next year. To most people this would be the opportunity to make some $$$. It should get better if its going to be the election year as "affected parties" will try to raise funds and create the "feel good" feeling to add to the "winning factor".

Recently, I never heard any bad news or comments or bearish views from analysts and general people, don't know whether it is a good sign or not, seems like everyone is bullish about the market.

For KLCI to hit all times high still quite long way to go since all times high is 13++ which is set at about 1993-94, forgot the exact year, roughly, when the super bull run ended with a crash.

It was early 1993, right before Daim made the statement that the stock market is way way way too high.. the next few days, the stock market took many lives and many other dreams with it....

For it to sputter and recover till 1997 and it nose dived as the nation teether on brink of bankcruptcy... not trying to be melodramatic here but thats about it.. in a nutshell

As far as I remembered, the 1997 only hit as high as 12++ before crashed to around 2++ to 3++.

When a lot of people want to make quick money from the stock market, it is definitely not a good sign.

One thing for sure, the economy situation is not as dynamic as when 90's.

The KLCI now is around 1050...I think if next year goes up to 1300, then I think the market will abnormal and another round of recession will appear...

Ya, I agree....The hot funds can in...they also can out anytime!
So, I think the recession time is in processing!
This time i guess is the OIL PRICE UP to USdD 100 because the wat at the middle east! PROJECTION ONLY, PLS DONT ATTACK ME!

STOCK PICK: MYCRON & TAWIN!!!

MYCRON: WHY?
Steel price increase will increase the profit substantially!

TAWIN: WHY?
Copper price increase will increase the profit substantially!


TRADE AT UR OWN RISK!

GET MORE STOCK PICK AT MY BLOG & LEARN MORE EXPERT SKILL TO TRADE!!!

This post has been edited by investmentlink: Nov 24 2006, 11:17 PM

actually i'm confident that the KLCI will break 1993/94 records in coming years..
in year 1997, if soros didnt speculate on thai baht, the KLCI may break 1993/94's high..

Actually you can't blame others or Soros, if Ringgit is strong enough, it only will have minimal effect just like SGD and HKD although being attacked by the hedge fund also but still stand strong and hedge fund making losing business in attacking those currency particularly lose out big to HK authorities.

i didnt blame soros actually..
there are many reasons y the financial crisis happened..
malaysia market itself was vulnerable to attack.

jz i think that if nobody attack the ASEAN currency, malaysia market would continue to rise to a new high..

if nothing bad happen in this few years, it is possible tat the KLCI will break 1993's record high..

This post has been edited by lipkhin: Nov 25 2006, 03:38 PM

It depends also, if the bubble become bigger then when it burst, it might be more painful, you never know. But one thing for sure the crisis did reveal that a lot of listed company are not well managed and short sighted.

Those well managed one did survive and doing much more better now, like Genting, PBB etc hit new high with impressive earning result year after year.

The crisis did provide golden opportunities to buy those quality stock with cheap price. PBB drop to merely about 88 cents during that year.

This post has been edited by cherroy: Nov 25 2006, 03:55 PM

it will sure break the 93 high trust me

yeah i still remember that time Genting drop to around 6 ringgit which is kinda good buy

Malaysia is different, when attack, all run like chicken. HK is different, when they attack, they will attack back...so, why Malaysia is so scare about the hedge fund!

But, now different, our real rich firm PETRONAS is backing with huge funds to support, if they attack, we are able to attack back! U remember 1997 financial crisis, Malaysia can survive without borrow money from IMF because the Petronas transfer a multi billion funds to malaysia to support the financial operation!

wtf are you talking about.... what attack here attack there? they did not attack the hedge fund! some countries just used law to protect their currency from being manipulated

In my opinion, I think there is no market will go up continously without coming down. This is the natural phenomenon. When the market is up to certain level, big stock players will start get out from the market since they already earned a lot. When they start selling, the market will go down and the small and greedy investor will face the loss... There is nothing will go up forever, except global temperature

normally the retailer will the end person to hold the stock! only 1% can gain on it! The losser are mostly unskill, too greedy, new kind!

Malaysian steel business is a shame. It survive becos of government. They are enjoying 15% premium in prices compared to international market due to excessive import tariff set by the government. Way to go. Thats why Malaysia still reluctant to open up the metal sheet imports becos of that. They already open up steel bars imports and see what happens to Lion's own Amsteel. From RM1++ till now 8cents. They arent making money when the government doesnt protect them.

If you look at stockist stock, they are dropping each n every year. Honestly, its not easy n having a slump in Proton sales doesnt helps either. The delays in 9th MP also doesnt helps.

The price increase actually only for commodity like gold, silver, nickel, copper and stainless steel. There's is no shortage for mild steel at the moment, and thats what makes up most of our local manufacturers production.

Mind to tell why?

Normally stock market rise or drop has its reasons behind

If company earning improving, and economy is doing well then no doubt stock maket will do well, since PE multiple become cheaper as earning improve.
History doesn't lie, when PE multiple is too expensive then stock market is not attractive anymore then it will start to normalise to a 'comfort' level.

Stock market is about valuation and future prospect, for long run it always stay at a level that relatively to interest rate rate or bond rate.
Eg.

PE multiple of 20 mean that company earn 5% return rate, if deposit interest rate is 5% also, what for you take the high risk of stock market and get the same return rate with deposit rate which has lesser risk. But if the company has potential to grow and generate more income in the future then it might worth since more earning mean that lower PE multiple in the future. But on the other hand, if economy situation or company prospect will become worst then a PE of 10 also might be expensive since future earning will deteoriate and forward/future PE will become higher.

This is just a simplified how valuation taking place for stock market. But market is not as simple as that, a lot of consideration still need to be accounted for.

Just a brief view.

Malaysia has a lot of SKL. Hahaha.
Honestly many malaysian buy shares based on the feel n experience.
Some buy based on rumours or tips.

Greed kills...

some stock at this bull run still at PE 4...why so cheap but still no ppl buy it...e.g. stock MASTEEL

that why some fundamental analysis lile PE ratio is no work! This is becuase malaysia investors tend to like buying stock with speculation basis like Tebrau, SUGAR...

This is the behaviour effect & fundmental cannot overwrite their behaviour!