DJ future is very RED.

Wonder whether DJ will go below 12000 or not leh?

Anyone can explain why TWS Plant is still up despite share buy back at RM 3.78 ? still blur blur ?

This post has been edited by SKY 1809: Mar 3 2008, 12:02 PM

uh oh...LIONDIV price kena hentam

DJ MARKET TALK: CS Keeps Asian Palm Oil Sector At Overweight - 2008-03-03 02:00:00.0



0200 GMT [Dow Jones] Credit Suisse keeps Asian palm oil sector at Overweight despite recent global palm oil conference concluding with mixed messages. Notes speakers highlighted risk of record prices crimping demand from food and fuel sectors and that biodiesel capacities are money-losing without subsidies, with most operating at less than 20% capacity utilization. "We continue to be positive on vegetable oil prices, including palm oil. Nevertheless, there is growing risk of a short-term technical correction as speculators have pushed up palm oil futures to record prices. Any sharp weakening in stock prices is an opportunity to accumulate more palm oil stocks." Says bullish stance based on belief U.S. fight for acreage between corn and oilseeds will intensify; China snowstorms to aggravate supply shortage amid talk China is buying heavily in futures market; weak USD will continue to enhance importers purchasing power. Palm-oil stocks rated Outperform include IOI Corp. (1961.KU), Sime Darby (4197.KU), Astra Agro (AALI.JK), London Sumatra (LSIP.JK), Indofood Agri (5JS.SG), Sampoerna (SGRO.JK). Rates Wilmar (F34.SG) at Neutral. (LES)

shit..im holding LIONDIV and LIONIND...gosh....

short term wise, the price will go nowhere
let's see how it will perform in the next quarter

Once DJ drop below 12000, it will be very intersting oledi.
DJ futures now is -100+ points oledi. Seems like tonite DJ may drop below 12000, ho sei laiw

This post has been edited by chinkw1: Mar 3 2008, 02:48 PM

Hey,
Anyone know the reason behind KNM's suspension?

KNM...



good news ya?

Too early to tell without details and target of acquisition.

BJTOTO back on my radar....hehehhehe

Is this the reason why the share holder of HDisplay started to dispose the share in huge quantity just to comply with the rule ?



It this turn out to be true, do you think this will be another "GPACKET" :-p

FCPO now above 4250 level liao
This is become crazy now, everday goes up RM100-200

Btw, FKLI for spot month (March) now trading below 1300 level already. A huge 30+ points discount.

This post has been edited by cherroy: Mar 3 2008, 04:06 PM

DJ MARKET TALK: KLCI Off Lows; Tipped To Stay In 1330-1338 Range

03/03/2008 07:42:00 AM



0742 GMT [Dow Jones] KLCI down 1.5% at 1336.51 with decliners trouncing gainers 614 to 111 in thin volume of 370.9 million shares. Although off intraday low of 1329.45, dealers say any recovery in share prices will be met by profit-taking. KLCI tipped to stay in 1330-1338 range for rest of day. "The decline in regional markets and retreat in U.S. stocks Friday triggered this selldown. We have breached a critical support level at 1338 (neckline of bearish Head & Shoulders formation). Any recovery in share price will face resistance at 1344 (today's gap-down)," he adds. Among decliners, Gamuda (5398.KU) down 4.1% at MYR3.78, Genting (3182.KU) down 2.9% at MYR6.65 and Tenaga (5347.KU) down 1.7% at MYR8.90. On upside, Boustead (2771.KU) +7.4% at MYR5.35 on better-than-expected dividends, LPF (5851.KU) +1.6% at MYR3.84 on takeover report and Sarawak Oil Palms (5126.KU) +0.8% at MYR6 on better-than-expected results.(VGB)

YeaP, that is why we wanna know what's behind.

thanks for reminding, added into My Favourite

i am hoping to buy BJTOTO below RM 5.00

03-03-2008: Global Trader impacts Bursa
by Jose Barrock & Tamimi Omar

KUALA LUMPUR: The fall from grace of UK-registered financial institution, Global Trader Europe Ltd, has had a far-reaching impact on certain Malaysian stocks and sparked off investigations of possible manipulation of these counters, sources said.

The heavy selldown of these stocks is said to have caused the authorities to start investigation on possible manipulation. Towards this end, several brokers have been quizzed by the authorities.

Shareholders of the affected companies are said to have pledged their shares to Global Trader's office in Bangkok. Following the liquidity crunch faced by its parent company in the UK, the administrators scrutinised the accounts of its clients, especially in its Bangkok branch. It sold the pledged shares and other assets of accounts that had a margin shortfall.

This in turn triggered a massive forced selling of the stocks that were pledged. Companies affected are said to have included H-Displays (MSC) Bhd, Ygl Convergence Bhd, My EG Services Bhd, Reliance Pacific Bhd, Aturmaju Resources Bhd, Liqua Health Corp Bhd, Cymao Holdings Bhd and Axis Incorporation Bhd.

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Added on March 3, 2008, 4:17 pmlately i'm monitoring PBBANK, BJTOTO n AMWAY.....will buy when the time n price is right

btw...today DIALOG dropped a lot..hmm.....wat's happening ar......considering buying some also....

This post has been edited by kinwawa: Mar 3 2008, 04:17 PM

woah...if CPO price retreats, I think our KLCI will lose about 50 points, may drag down other non-related industries too.

The best is stay around that level.

eeww that would be scary

I prefer that CPO retreat and KLCI goes down rather than inflation sky-rocketing.

If CPO stay at current level, lot of products price will need to be increased, ranging from cooking oil, foods, daily usage products. <-- it is more harm than your plantation stocks goes down.