ohhhh, thanks for the explanation, sharesa

wow you'll be going to JPN, how nice

Last update at FUTURES : +71, looking good

Stocks Tilt to Higher Open Ahead of Data

Stocks Head to Higher Open Ahead of Data on Service Sector, Productivity and Factory Orders

URL: http://biz.yahoo.com/ap/071205/wall_street.html

DJIA starts the day with:

13,244.09 -4.64 -0.04%

DJ +123 (0.93%) hehe

the Futures stay high at +123.00

wow

wah pana...u r here whole day one ar! salute u!

tomolo hope our stock fly again!

hahah Lowyat.net STAFF have to stay whole day in the forum, kakakaka

13,392.12 Up 143.39 (1.08%)

pana is watching over you and everyone of us here... becareful.


very long time no see continuous green so many days dee, hope this rally continue till chinese new year.
)

IMO, since I also bought IOICORP, I think if one really calculate, I think it already exceed the 32x PE when the price is at 7.50 and above.. hence it drop to 7.10-7.30 which didnt hold out for long. I sold mine long ago after realising its too damn bloated.

In HK, you probably get shares (mainly China related shares) that are trading beyond 40x PE and yet they still prosper. But then again, with China trying to cool the economy and reduce the trade deficit, who knows what might happened.

Just a matter of fact, my company usually bought around RM20~30M steel materials from China yearly but this year has been reduced not in amount but quantity. China has already taken a drastic step to cool its export by cutting off rebates and imposing export tax to curb them from exporting too much. Products from China (using steel as reference) has increase almost 30% (used to enjoy 7% rebate, but now thats taken off, and slapped with a 15% export tax which will be increased to 20% early next year).

Shares like Sinopec, Cheung Kong, CNOOC, PetroChina (surprise, surprise, but it has since drop to a more realistic ~20x PE level) are few of the decent of trading off 20x PE. Shares like ICBC, Shen Hua, ChMoly (China Molybdenum), China Mobile, and China Life are trading with a PE exceeding 40x. Of course China has a big market and its impossible to have a forecast for their future expansion but with China intervention to cool down its economy, I think its wise to practice precaution when buying HKCW.

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Added on December 5, 2007, 11:59 pmI think will be quite stable till Chrismas.
Next year will be hard to say cos as subprime figures will be released along with rates cut again, who knows what might happen.


This post has been edited by kapitan: Dec 5 2007, 11:59 PM

DJIA closed Wed at 13,444.96 up 196.23.

Up further today at KLCI?

u wake up early in the morning just to see DJIA? Or you monitor one whole night?

phew. so lucky i am.. Yesterday bought 300lots of HSBC-c1 at 0.015, now soldd all already.. earn almost 3k...

Today is a GREEN Day....i Love December

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Added on December 6, 2007, 9:12 amWill KLCI beat the 1500 points this year?

This post has been edited by kingkong81: Dec 6 2007, 09:12 AM

Haha! Woke up early.

Good for you...

yum yum BURSA-CE !!! can eat good food liao !!!! yeaaaaah !!!

Wow you are very sharp... i bought at 0.025 and still queueing for 0.03 ... hope increase another 0.005 then im happy liao

big day for everyone, woohoo

Big day and good also