My projection is 2000 point!
Why? To make sure the BN will win in next election...they have to make ppl happy! By selling & Buying TMT & other heavy CI related stock from right pocket to left pocket...no change in shareholding...it can bring the CI to cross 2000! Believe it or not...believe it!!!


How about u? Just give guess & ur reason!

To push the CI to 2000 will only bring the 2nd line, 3rd line stock all in line go up! If not, ppl will still complaining why my stock is still low/ lower than 1997 FC!

It will need a lot of Bull to push it up to 2000 points.

1200. Bulls losing steam?

I think it will well go over 1500 then stay above 1200 for a long time. It's part of the Vision 2020 to be a developed country. And to be a developed one, the Stock Exchange must go far from 1000, just like Singapore.

The index stability and sustainability depends on inflows of FDI. The currently the mkt movement contributed by local funds may not be able to sustain the growth and the volume traded daily are not significantly high.

It's an upward trend now but I have feeling that it won't sustain long ... probably will stick in the range of 1300.

This post has been edited by David83: Dec 8 2006, 07:32 AM

Most probably 1200-1300...

it wont go anywhere further...hovering round 1000 mark point...down going maybe next year as turbulence arrive...
one indicator : govt too red tape, confidence in FDI drop ...people r being ripoff with daily living cost increase..

This post has been edited by KVReninem: Dec 9 2006, 08:42 PM

Rising daily living cost is not a big issue ... it has been there all the while.

any forecast for KLCI in 2007?

KLCI drops these 2 days...seemed like it has to rest a while after getting up for so many days...KLCI now is 1079...

I think the index will adjust itself in the range of 1050-1100. If the economy is going better next year, then the index might continue to grow up...Pak Lah just announce election won't be on next year...

Anyway, I feel that the index might stay 1050 above until mid of Jan, since now is the time for window dressing... Hope that I'm right

Seems like the peak rush is over ... it's back to the normal up-down trend. My two cents ...

--- deleted ---

This post has been edited by lipkhin: Dec 1 2010, 02:50 AM

i suppose the gov will pust the CI up towards year end, "makes" the economy "looks" better.

How much further they can push? It's roughly two weeks to go before you kiss goodbye to 2006.

where there is a will, there will be a way. If end year index looks good, the country's statistics also looks good lah. u noe for reporting purpose.

maximum at 1500 kua...
maybe even less...don think it'll be all that rosy next year
my opinion only

1500 crazy meh..... probably they'll try to stabilise at 1100 cause when it reaches there it seems to tumble down again.

Now, George Soros is Malaysia friend already... he may push up the CI to new high...with his fund...i think easy like ABC to 2000 point!...just guessing ONLY!

He said while interview tat he long time did not involve in the financial market nor does he interested in the market.

I hope he will change his mind thou.

he is a professional, why would he help our country unless it benefits his pocket

of course he will be benefited...i really don't know what the purpose he come to Malaysia this time....as friend? as investor? as speculator? as....??? I think this time he come to Malaysia the purpose is not easy like just make friend with
Tun M!!!
What is the purpose ???

Just to promote his book so that it can sell good.

A share or stock market can be pushed up to whatever ridiculous level (just like Nasdaq hitting 5000 level or 2nd board hitting 700 level) but if it has no fundamental backing i.e. economy growth, company earning improvement, wealth creation etc, surely the market will crash back then more people suffer from the crash.

Whether the CI or stock market is being pushed up or not has no meaning if fundamental issues as stated above does not improve. On the other hand, if the fundamental issues are improving then surely the market will follow suit and goes up to a valuation comparable to its fundamental.

There is no point of hoping CI hitting 1300 or 1500 or 2000 if listed company are struggling to improve their profit that match its share price. A share is priced at certain level has its reason and valuation not simply a number.

CI now strong support is at 1050 level..to reach higher...i expect it need to touch at this level & do a round-shape or v-shape rebound to make a new trend that can forward to 1100!

The purpose of consolidation is to wide out contra player, stupid player, change hand from stupid to smart player, to reach higher...this process can not be avoid, if not the CI cannot sustain!

& I forsee the 2nd board is coming...some accumulation...like HWATAI, SDKM, TAWIN have start it moving engine!!!

This post has been edited by investmentlink: Dec 17 2006, 09:05 PM

share price react based on expectation. Fundamental is just a reference.
93 97 2000 2003
All the shares moving to ridiculous level, so

Not really, it is end of the year, many people are falling asleep in holiday mood. You will see a short term downfall.

i believe it will starting to fall back some ..
and .. stand at 1200++ point ~
haha ..

KLCI gained 20.85 points today and settled at 1117.09. That's a lot since the previous hike!

This post has been edited by David83: Jan 3 2007, 08:16 PM

1200 up up and away

Singapore market hit the 3000 mark today.

I couldn't believe my eyes when I saw it on BBC. Is it true or is it a misprint?

Cheer! Another new high!!!

My projection variance:
2000-1117=883...to go!

For me it will be around 1550-1600.......

2000 is very hard, for me it is impossible this year.

Gained 51.91 and closed at 3037.74

Today's KLCI performance is not that good.

If no one believe CI can go higher that mean CI will go even higher! If people start to think CI can go higher, that mean this is the danger signal!

Shares market are too volatile nowadays. A little bit of news can hav a massive effect on shares market. CI wont really go down again as it has its own supportline. However anythin may happen to break down CI such as Thai recent news.

Another down day for KLCI ...

Lost 7.13 and closed at 1106.06

As long as it CI did not break the upward trend line, any downside movement will absorb & support & the upward trend will resume!

KLCI up1.2%

PETALING JAYA: Renewed interest in technology-related counters sparked a broad-based surge on Bursa Malaysia, pushing the Kuala Lumpur Composite Index to finish 13.27 points, or 1.2% higher, at 1,119.33 on Friday.

The upward movement in the prices of semiconductor stocks spilled over to other technology counters and boosted trading volume.

Analysts said institutional funds were picking up technology counters such as Unisem (M) Bhd and Malaysian Pacific Industries Bhd (MPI), which had been hit by the weaker outlook forecast recently.

Chipmakers Unisem and MPI were among the stellar performers.

Unisemjumped 17 sen, or 7.83%, to an almost two-year high of RM2.34 on moderate volume of 12.6 million shares. MPI opened at RM11 and hit an intra-day high of RM11.40 - its highest price in 12 months - before closing at RM11.30.

Source: The Star Online
URL: http://biz.thestar.com.my/news/story.asp?f...09&sec=business

Yeah baby, KECK SENG!!!

stock market will collapse by July

2000???Eat more "Big Head Vege"

This post has been edited by deadalus: Jan 12 2007, 10:13 PM

Why you said so? Any supporting article?

If market collapse, we won't be good too even u are not in the market! marker collapse mean the economy also going to colapse!

mkt will hit 1200 b4 cny

bursa will hit rm10

i aldy taruk on bursa-ca....

*pray hard now*

i wish you with all my luck!!!

seriously,... it's really possible!!!

The faster CI rise, the faster it go down.

Well, I talked with one of the netpal here in PM. His way of making money is to hope the CI crashed?! But i think when he making money that time, others are losing $$$. Kinda sad, eh?

wah...good luck to u...sudden turn of market can kill all the ca, cb, cc, cd...hahaha
it can be a gold...it can be a rubbish too...be careful friend!

I bought it 1.40 few years ago...now still keep it!
some of my friend say this is really boring counter, director won't push the stock...i think now they only can see me smile direct to the bank!!! haha

Market Commentary for last Friday KLCI performance:



Source: Bursa Malaysia website
URL: http://www.klse.com.my/website/bm/resource...ntary_0003.html

mkt still up 8pts

It's not a good sign if the KLCI keep going up everyday...sure it takes sometime to stabilize itself...As this month is Jan, I think the KLCI will go up slowly to 1200 by early of Feb.

Today's KLCI review:

Malaysian shares up on strong blue chips buying

KUALA LUMPUR: Malaysia's stock market rose Monday, buoyed by strong buying interest in key blue chips.

The Kuala Lumpur Composite Index rose 0.5 percent to 1,125.32 points, but off a high of 1129.42 on mild profit-taking, dealers said.

Sentiment was lifted by recent declines in crude oil prices and firmer regional bourses, as well as further strengthening of the Malaysian ringgit which hit a fresh 9-year high of 3.5045 to the dollar on Monday, dealers said.

Among gainers, national carmaker Proton surged 5.5 percent to 6.75 ringgit in anticipation that an announcement of its new foreign partner will emerge soon.

Bursa Malaysia soared 7.1 percent at 9.75 while top bank Maybank added 1.8 percent at 11.50.

Penny stocks dominated trade as broad market gains encouraged day traders to punt, with Iris up 1.4 percent at 0.38 ringgit and Sunway Holdings rising 18.4 percent at 0.68. - AP

Source: The Star Online
URL: http://biz.thestar.com.my/news/story.asp?f...54&sec=business

If CI no up, then the big correction will come! To avoid it, the "man behind the CI" will need to choose selected blue chips stock to play the CI, sell some here, buy some there, as long as CI can go up, the FUTURE contract they LONG one will gain!

This post has been edited by investmentlink: Jan 15 2007, 09:11 PM

he go into short position ah? no offence but he damn bad le

Even when the CI falls, we will often c the support at the end of the day such as late buying to sustain the pts.
The funniest things happen today.
Pelikan and Keck Seng which surge upward at the morning falls heavily at the end of the day.

thats normal.....those who have the stock must have taken profit by going out

synergy drive mega merger hit batu...

possible
u bought CA - mmm
still got 3 months b4 expire
now launching new bursa CW- closing date is tomolo
price at 77 sen

bursa can do whatever they want le....all the good things bursa get only.....you see the price since ipo

yalo, impossible Bursa issue UMA (Unusual Market Activity) to BURSA! haha!

Another good performance day for KLCI:

Malaysian shares gain on foreign buying

KUALA LUMPUR: Malaysian shares were higher Thursday on follow-through buying interest by foreign funds.

The Kuala Lumpur Composite Index rose 0.7 percent to 1,147.66 points.

Sentiment was boosted by stable December inflation data, diminishing concerns over domestic interest rate hike and positive corporate newsflows, dealers said.

Foreign funds were actively accumulating heavyweights in construction, property, telco and finance stocks, they added.

Among gainers, top bank Maybank rose 1.7 percent to 12 ringgit on plans to sell a large bulk of its non-performing loans.

Construction firm Gamuda soared 8.4 percent on hopes the government will approve a multibillion rail project.

UEM Group's listed units also advanced on hopes of landing contracts to repair damage caused by floods in southern Johor state, dealers said.

Suria Capital jumped 24.6 percent to 0.76 ringgit on talks that Singapore government-linked companies were interested in buying a substantial equity stake in the company. - AP

In another news:

Most Asian markets rise as Japanese stocks hit 9-month high

HONG KONG: Most Asian markets advanced Thursday, with Japanese stocks hitting a nine-month high after the central bank decided to leave interest rates unchanged.

Markets in Singapore and New Zealand rose to record highs.

Tokyo's benchmark Nikkei 225 index rose 109.58 points, or 0.63 percent, to close at 17,370.93 points - the highest since April. 21, 2006.

The Bank of Japan decided Thursday to keep interest rates unchanged at 0.25 percent amid mounting political pressure to hold off on raising borrowing costs to sustain the nation's economic recovery.

The verdict settles recent market uncertainty, but some analysts said the decision was somewhat worrying in that it appeared the bank bent to the government's will rather than pursuing an independent line.

"Keeping rates on hold is quite positive for the market, but only in the short-term,'' said Akio Yoshino, market economist at Societe Generale Asset Management in Tokyo.

Traders said the move should keep the yen weak and help export stocks and companies with large borrowing requirements stay strong over the next few weeks.

Government officials denied placing pressure on the central bank, and Bank of Japan Gov. Toshihiko Fukui said the bank was only looking at economic factors.

Gainers included exporter issues like Honda Motor Co. and camera manufacturer Nikon Corp.

In Hong Kong, the blue chip Hang Seng Index rose 212.94 points, or 1.1 percent, to close at 20,277.51.

Hong Kong's stock market is "quite expensive,'' Garry Evans, a strategist at HSBC, wrote in a research report. He said Hang Seng Index is trading at 19 times of forward price/earning ratio, higher than its past six-year average of 15.7 times.

The broader market picked up its strength in the afternoon led by China Mobile - the mainland's biggest mobile phone operator and the second-largest component of the benchmark index by market capitalization.

The stock ended 2.8 percent higher at HK$70.55.

Hong Kong Exchanges closed 2.6 percent higher at HK$89.75, after hitting record high HK$89.85 in the afternoon.

Bucking the uptrend, China Construction Bank fell 2.2 percent to HK$4.79 while Bank of China was down 1.2 percent to HK$4.03. In currencies, the dollar rose to 121.28 yen late Thursday, up from 120.67 yen late Wednesday in New York.

The euro rose to US$1.2966 from US$1.2932. Elsewhere:

JAKARTA: Indonesian shares finished up, helped by firmer rupiah and gains in most Asian major markets. The Jakarta Stock Exchange Composite index closed 19.225 points or 1.1 percent up to 1,777.708 point.

KUALA LUMPUR: Malaysian shares were higher on follow-through buying interest by foreign funds. The Kuala Lumpur Composite Index rose 0.7 percent to 1,147.66 points.

MANILA: Philippine shares advanced in heavy trade dominated by foreign investors, ahead of 2006 earnings reports. The benchmark Philippine Stock Exchange Index gained 40.17 points, or 1.3 percent, at 3,081.73.

SEOUL: South Korean shares ended slightly higher, with gains led by steelmaker Posco and bank stocks. The Korea Composite Stock Price Index, or Kospi, rose 3.73 points, or 0.3 percent, to 1,383.21.

SHANGHAI: Chinese stocks slipped as investors sold shares to lock in profits from recent gains in the bank and property sectors. The benchmark Shanghai Composite Index, which tracks both A and B shares, lost 0.8 percent to 2,756.98. The Shenzhen Composite Index rose 1.2 percent to 650.20.

SINGAPORE: Singapore shares ended at a record high, buoyed by gains in key Asian markets and a decision by the Bank of Japan to keep interest rates unchanged. The benchmark Straits Times Index rose 0.79 percent to 3,061.65. The previous closing high was 3038.21 points on Tuesday.

SYDNEY: Australian stocks rose, supported by major bank and mining stocks ahead of the February profit reporting season. The benchmark S&P/ASX 200 index added 26.3 points, or 0.5 percent, to 5,672.4.

TAIPEI: Taiwan shares rose slightly on optimism that financial companies had put bad-debt problems behind them. The Weighted Price Index of the Taiwan Stock Exchange gained 61.2 points, or 0.8 percent, to 7,895.18.

WELLINGTON: New Zealand stocks surged to a record high on takeover activity and speculation ahead of February's earnings season. The benchmark NZX-50 index gained 23 points, or 0.6 percent, to 4,096.34. - AP


Source: The Star Online

1200 is coming!

A declined day for KLCI today ...

Settled at 1179.66 after dropped 3.38

He investing in US market one. But since I dun know much of foreign market. He gave me a site to study(kinda teaching me something. ). He stocked many of those crude oils?! Dun know what he planning for?!

Another down day for KLCI

Declined 9.77 and closed at 1169.89



This post has been edited by David83: Feb 2 2007, 09:05 PM

A very good day for KLCI ... exceeded 1200.

Gained 20.13 and finished the day at 1209.48

The CI is getting bullish towards the CNY. Anyway it's doing good to everyone i guess

i think can crack 1300 before CNY

Recently, CI managed to cross 1200 level because of several reasons

1. general public pocket money
2. ringgit appreciation

I said general public pocket money is because the electrical tariff hike has caused public pocket to shrink but it has generated better profit for TNB, a huge more than 20% rise in profit, so its share goes up from RM9 to RM12 which contributed almost 30 points there.

Rising interest rate in BLR but not FD has led to better profit margin for financial stock like PBBank, Maybank and Commerz so their shares up almost more than 20% especially Commerz more than 50% so another 30-50 points from there. But general public suffer from high BLR but low FD rate, only good for banks due to the widespread of margin.

Another huge contribution will be Genting, needless to elaborate due to optimistic prospect for the new casino, gain from RM25-27 to recent RM39.50

2. Ringgit appreciation has attracted plenty of hot money into stock market that looks for double gain of stock and currency

My guess will be 1250 only since it's roughly 2 weeks to go.

Genting should give the CI further boost after it splits

2000-1209=791 to go! haha

Foreign interest in local stocks surges

PETALING JAYA: Foreign appetite for local stocks has increased substantially in recent months, judging from reports.

Collectively, overseas investors now own nearly a third of exchange operator Bursa Malaysia Bhd, a quarter of Tenaga Nasional Bhd (TNB) and over 40% of Bumiputra-Commerce Holdings Bhd. They also own substantial shares in top companies like IJM Corp Bhd and IOI Corp Bhd.

It is safe to assume that the level of foreign shareholding in local blue-chip stocks has risen significantly from a year ago.

The surge in interest has pushed the KL Composite Index (KLCI) past the 1,200-point level and made Bursa one the best performers among Asian stock markets so far this year.

Since January, the local benchmark has jumped 10.3% to yesterday's closing of 1,209.48 - its best level in almost 10 years. The rise follows the 22% increase in 2006.

Some analysts predict the KLCI would outperform other regional bourses this year - a first in four years. "We would probably see some profit-taking on select blue chips that have risen sharply in past weeks, but the market should be able to absorb that,'' a local fund manager said.

Much of the optimism came from the rising level of interest in the market. Yesterday, RM3.7bil worth of stocks changed hands, the highest since early 2000.

According to stock exchange data, the daily average value of stocks traded on Bursa in January was RM2.1bil compared with RM1.28bil in the final quarter of 2006.

The daily average for the whole of last year was RM1bil.

Brokers attributed the sharp increase in trading value in recent months to the huge inflow of funds from overseas.

Foreign investors currently account for about a third of the daily trade on the local bourse, Bursa chief executive officer Datuk Yusli Mohamed Yusoff has said.

And there are indications that overseas investors are still looking to increase their exposure to local big-cap stocks.

TNB recently said it has proposed to the Government to review the voting cap placed on its foreign shareholders who exceeded the 25% limit.

But the KLCI's sharp re-rating over the past six months may have also prompted some investors to review their stance.

Yesterday, Bloomberg reported that ABN Amro Holdings NV had lowered its rating on Malaysia and Indonesia to "neutral" from "overweight". The Dutch bank said it would lock in profits in the two markets following sharp gains over the past year.

Another foreign house, Credit Suisse First Boston, however, reiterated its "overweight" call on the local market on the prospect of higher earnings and increased liquidity.

"Earnings multiples will be expanded, in our view, as confidence in the Government, government-linked companies' restructuring, corporate earnings and Malaysia in general continues to build up,'' it said in a report

Source: The Star Online
URL: http://biz.thestar.com.my/news/story.asp?f...70&sec=business

if the volume & value cannot sustain at 2-3 billion average per day, market may has risk of colapse, unless foreign funds keep supporting it! Do u think they will do it forever to us, once the USD has sign of reversal to RM, they sure will pull out the money from malaysia stock market!

& again, the statistic of bank told us that the saving in the savings account & fixed deposit keep increasing & no sign of money pull out & flow into the market! This confirmed the buying interest only supported by the foreign funds & minor support by local fund & retailer!

Another good performing day!

Up 16.25 and closed at 1225.73

Market Outlook: Who is afraid of CNY correction?

On January 22, I've written about the potential of the then developing rally, which most have called the CNY rally. To wit, I've stated that the CI may rise to 1220 & peak in the second week of February. As at the end of last week, the CI is nearing the target & one would await anxiously the onset of the anticipated correction. Should we be afraid of this correction?

After further study of the CI for the past 16 years, I've noticed a fair bit of similarity between the current rally & the rally of 1993.You can see that the current rally began after a breakout of a 3-year rising wedge at the 985 level in October last year (which I've posted on earlier). The earlier 1993 bull run happened after a breakout of a 3 & 1/2-year rising wedge at the 680 level in March/April 1993.

The 1993 bull run gained 660 points or 97% to reach a high of 1340 points. If the current rally can make a similar 660-point gain, it may hit a high of 1645. On the other hand, if it gained 97%, it may hit a high of 1940. These are very ambitious targets but they are not far fetched if you have been following the economic & corporate development lately. There are a lot of exciting news or announcements include news of huge jump in foreign ownership of top blue chips, spectacular M&A activities (such as Synergy Drive), implementation of mega projects etc. All these have provided the catalyst for a very bullish case for Malaysian equity but unfortunately the retail investors have yet to be convinced. I think they will only buy into the bull case when the CI has broken into new high. Until then, these 'wise' investors would be watching the market action from the ceiling while the 'fools' are dancing on the trading floor.

Conclusion/Recommendation

At this point, it is still prudent to raise some cash since the market has had quite a sharp run-up. The amount of cash reserve to hold is entirely up to your risk appetite. An amount of 20-30% may be reasonable. In the event that the market were to take a tumble, you should add to your position again if the CI were to retrace to 1150 & below.

Extract From: Alex

This post has been edited by investmentlink: Feb 5 2007, 08:13 PM

1993 super bull run is totally different from current stage of bull run. Those had experience the 1993 bull run will tell you that current bull run is no match at that time.

Also at 1993, economy situation is way different from time being. At that time, Malaysia economy is growing at 8-10% rate so business prospect is much much better. At that time, people easily get 2-3 months bonus during year end, while wages increment is a certainty, just how much it will, job easily can get just what you want to do.
Now, economy grow is modest only (5-6%), most of the people (especially businesses) complaining business is hard to do now, blue collars people not much dare to ask for increment, job is more difficult to find, no wonder there ain't much celebrating atmosphere this few year. Also severe inflation (not as low as 3% as official number, I think most people will agree inflation rate is not just 3% as reported) has make people pocket shrink much faster.

That's why current bull run is not having the full strength as 1993.
Current bull run can be said as composite index bull run rather than whole market. Although index keep on rising everyday more than 10 points, still counter up and down is evenly match. During the super bull run, almost every counter is on the green side (up) with ratio 10 up and 1 down only.

I don't know current bull run is fueled by 'hot' money or some overseas fund start to weight and adjustment their portfolio to include Malaysia stock from none to some, but current upwards swing is little too fast for time being, a correction is due for short term for sure.

yeap in 1993 you can go to another company and have a walk-in interview...... that time many state government were pretty furious cos when people go to penang for their holidays they end up resigning their current job and work in penang.....btw cherroy do you think it will hit new peak?

Another hiking day for KLCI ... seems like it will last till CNY.

Hiked 10.9 and settled at 1236.63

Seems like 1500 points is not that far anymore

Market Outlook as at February 6, 2007

I've written earlier that we need to look out for signs of an overheated market to reduce our position. These signs include the CI persistently testing the upper Bollinger Band & an unsustainable surge in volume traded. Well, we have seen the former & today, we could be seeing the latter. As at 4.00 p.m. today, the volume traded in the market was 1.65 billion units. For the whole day, the volume traded could amount to 2.0 billion units. The last time we had a 2.0-billion units day was on Dec 6 (actual volume: 2.2 billion units) and then the market peaked on Dec 12 (3 trading days later).



The other thing to note is that the CI has been "gapping up" for the past 2 days as well as today. A gap is formed when opening price movements create a blank spot on the chart. A "gap up" occurs when the low of the day is above the high of the previous day. Gaps are especially significant when accompanied by an increase in volume.

There are 3 types of gap i.e. common gap, continuation gap & exhaustion gap. For now, the big question is whether we are facing continuation gaps & exhaustion gaps. From Stockcharts.com, we have the definitions of these types of gap:


A continuation gap forms in the middle of a move and in the same direction as the current move. These gaps signal a continuation of the preceding trend and can mark good entry points. After a short or intermediate advance, a continuation up gap is usually considered bullish and signals a renewal of the uptrend. After a short or intermediate decline, a continuation down gap is usually considered bearish and signals a renewal of the downtrend. This gap is also called a measuring or runaway gap.

After an extended or long move, a gap in the direction of the current move is called an exhaustion gap. For an exhaustion gap to be considered valid, prices should reverse soon after the gap and close the gap. After an extended decline, a gap down could signal that the downtrend is about to exhaust itself. An exhaustion gap is confirmed when prices reverse soon afterwards and move above (or "close") the gap. After an extended advance, an exhaustion gap would be confirmed when prices reverse soon afterwards and move below the gap.


If you feel that the market has had an extended run-up and the current gaps up is likely to be exhaustion gaps, the better course of action is to reduce your position.
On the other hand, if you feel that the current gaps up is a renewal of the uptrend (maybe due to new buyers coming into the market such as foreign funds), then your course of action would be totally different. You would be buying into the current rally. Personally, I think that it is likely to be exhaustion gaps and would choose a prudent course of action.

it could breach new peak before CNY

already start to see investors pumping stock 1 by 1 gradually. shares that stagnant for few weeks can jump up suddenly within a day without reason, then drop to original price in the second day. strange pattern

my prediction...by year end...800 pts....write that down in a book..or somewhere..

most of the hike r generated by foreign investor targeting composite link companies. If they pull out, the CI will drop, but very unlikely situation due to the strengthening ringgit. Probably will reach 1400 by year end, below 1000 is not possible.

Everthing is possible is stock market. I also has the same taught prior 97 think that CI won't go back to 800 level after it hit 1200 during 1997. But crisis suddenly unfold, CI drop as low as 300 only at one time.

To be fair, it should be said as it is unlikely to go back to 1000 level for this year but it is not totally impossible. If US mis-managed the economy situation, if might drag the whole world into recession or China bubbling burst in big way then if might affect the stock market as well.

1987 (Oil Crisis)
1997 (Financial Crisis)
2007 (???)

The mysterious recession oman.

This post has been edited by deadalus: Feb 7 2007, 11:33 AM

yup, what i mean is its unlikely to go down below 1000 point this year. .

UEM Builder has a breakout

UEM Builder has been range-bounced between RM0.40 & RM1.80 since 1998. It appears to have broken above this range today when it reached RM1.90 at 3.05 p.m. If this breakout can sustain, the stock may go to the RM2.50-3.00 level. Its immediate resistance after the breakout will be the psychological RM2.00.

This is a trading call. If the share dropped back below RM1.80 in the next day or two, it would be advisable to dispose it, especially if the market were to weaken noticeably.

---

Added on February 7, 2007, 10:21 pmDRB Hicom has a breakout

DRB Hicom has been trending down in a channel fashion since making a high of RM3.02 in 2002. It appears to have made a breakout above the upper channel at the RM2.00 level.

This is a trading call. If the share dropped back below RM2.00 in the next day or two, it would be advisable to dispose it, especially if the market were to weaken noticeably.

---

Added on February 8, 2007, 10:22 pmCommerce-CB, Magnum-CB & KLK-CB- new CWs issued

Tomorrow, 3 new CWs will be traded. They are Commerce-CB, Magnum-CB & KLK-CB.

The 2 important things to note are as follows:

their price-fixing date was on January 25 (i.e. 9 days prior to their listing), and

their exercise ratio are higher than their existing counterpart.

Since the price-fixing date of January 25, the underlying shares have gained between 7 to 13% (7% for Magnum, 11% for Commerce & 13% for KLK). Obviously, those who subscribed for these CWs earlier would reap the reward of the improvement in the underlying share.

The high exercise ratio of these CWs would improve affordability but an 10-for-1 exercise ratio for a share trading in the RM10-20 bracket and an 4-for-1 exercise ratio for a share trading below RM5.00 is really pushing the limit. Are we likely to see a CW issued one day for Genting with an exercise ratio of 25-for-1? If you cannot afford to buy too many a high priced CW, then you should buy less. After all, one can buy in multiples of 100 units. This lowering of the price of CWs would only induce retail players to throw caution into the wind; the result of which is only too predictable.

I expect the new CWs to trade at premium of about 20%. At that premium and assuming the underlying share prices remained unchanged, Commerce-CA, Magnum-CB & KLK-CB would trade at about RM0.30, RM0.23 & RM0.55, respectively. See Table 2 below, for other possible value for these CWs.

This post has been edited by investmentlink: Feb 8 2007, 10:22 PM

Down day for KLCI.

Lost 7.96 and settled at 1240.87

2007(Water crisis)
Thus, water-related company stock prices fly sky.

KLCI dropped 9 points and settled at 1231.87

Normal correction & need more confirmation but some speculation counter start falling down like SANBUMI!!!

This post has been edited by investmentlink: Feb 12 2007, 10:32 PM

KLCI up 2.44 today and closed at 1234.31

It picked up so much in the second half. A great fall in the first fall.

goin to b great tomorrow...if not, need to pickup ton of shares including maybulk (in the money)