I suggest moving this thread there if possible.

Pana I think you need to refresh yours as I believe the -158 is yesterdays one. Now is only -87.

HSI rebounding it seems.


Very low volume to day in KLCI.

Their substantial share holders dumping shares at the moment. Check their news items in your broker browser. Has been happening since November.

Officially 1 lot is 100 shares. But a lot of people people still refer 1 lot as 1000 shares. Just be aware that most brokers including KLSE lists 1 lot means 100 shares.

Uhmm Sinopec might not get a government subsidy because it is doing well.


BEIJING (XFN-ASIA) - China Petroleum & Chemical Corp (Sinopec) (SHA 600028; HK 0386; NYSE SNP) is not likely to obtain government subsidies this year because its overall group performance appears to be healthy, despite refining and oil import losses, the official Shanghai Securities News reported.

The report, citing sources, said Sinopec in the event that the government does grant a subsidy it will be smaller than the one granted in 2006, when it received 5 bln yuan.

PetroChina Co Ltd and Sinopec were reported to be planning to apply for government subsidies as compensation for government policies that prevent some of its business from operating profitably.

The report said a subsidy decision will be based on overall group performance and not just the loss-making oil refining and import businesses, which cannot pass on costs to the public because of price ceilings. He noted that Sinopec's chemical engineering business has performed well.

To be honest I can't believe he bought something which he knew nuts about. Didn't your remisier even tell you what it is? Or did you buy it via online trading? Please go through remisier as you are still learning the stock market, the broker can tell you a lot of things you think you know but actually you don't know. Using online only saves you some cash, but without help or reminder from your broker, you end up losing more from your newbie mistakes.

What I think doesn't matter as much as what you think to be honest, since it's your money. If you really want to find out if the price will go up again, try to estimate how much profit AirAsia will make in 2008. Try to guesstimate how much the EPS would be and the market conditions then. Then compare it with the price of the counter and their continuous ESOS distribution + total share. If you think Air Asia will be losing money next year, then dump the stock. If you think Air Asia will make more profits, then just hold on the stock and pray for the best.

Warren Buffett once said that the Stock market is a Voting Machine in short term, Long term it is a Weighing Machine.

KLCI +1.76

Up 349
Down 410

STI closed today as well. Same as Malaysia public holiday.

I think Maybulk is dropping because one of their substantial shareholders is throwing some stocks for profit taking aka dumping stock. Bank Pembangunan Malaysia which is own by Ministry of Finance have thrown quite a lot of shares already but they still got a lot of course, most likely to reduce it's stake a bit. No reason why posted. All this is available in the news section of that particular counter.

AIRASIA has never in their history paid a single cent of dividend as far as I know. And I don't think it ever will for anytime soon, because it is still expanding rapidly.

Yeah I saw that too, 1.6miliion shares sold at RM1.60 in 1 transaction.

This post has been edited by skiddtrader: Dec 21 2007, 03:02 PM

B/Qty is the amount of lots being queued up to buy at that price while S/Qty is the amount of lots being queued to sell at that price. The higher the amount of queues, the more the price are unlikely to go below or above that price unless a big transaction goes through which snaps all the orders in queue.

Looks like many of us waiting for a correction to go in.

HSI down but SINOPEC up ^^

HSI down 687 already

Hmm I wonder how would KLCI play out by the end of today? Another push upwards for traditional GE rally or downward pressure due to DJIA.

Ken Lim's HK warrant page

This should help you.

KLCI dipping to negative territory already before lunch.