wat is the reference guide line for them to limit sell a counter?

wah. 1205 drop -91 already....

i am waiting for stock
like bjtoto RM4
guiness RM4.5
pbb RM9
mayabulk RM3.5

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Added on March 10, 2008, 10:00 ami am guessing today my taget CI drop by 100 point. that my target. tomorrow another day round. that my point of view.
and my entire target CI drop till 1000point

This post has been edited by tkwfriend: Mar 10 2008, 10:00 AM

the time might come......patient patient...heheheh.....i'm queueing for PBBANK@9.5 dunno can get o not

genting at rm6.10

CI -97.38 (1198.38)

better wait after lunch drop even more

This post has been edited by ankw: Mar 10 2008, 10:05 AM

walaueh, best discount ive seen.

wat to buy wat to buy?!!

Brace for more drops later when the FCPO opens..heard it will limit down and further dampens the equity market

Yep, better wait. Haven't reached bottom yet.

if you ARE a old man like me and have fixed income.
sai lang also cannot die you can try
but prediction is that it will still drop further.

don't worry , it will go up . only god knows when - next week ? next month? next year ?

This is how govern-links stock main to be...

where is cherroy and okk?????

busy shopping

aiyoh...all go up liao....no chance to buy liao.....yet...hehee

rebounding already! dun miss the boat everyone!

DJ MARKET TALK:SapCrest Off 17.7%;Seadrill May Raise Stake-Dealer - 2008-03-10 02:17:00.0



0217 GMT [Dow Jones] Oil & gas concern SapuraCrest (8575.KU) down 17.7% at MYR1.07 in heavy volume (KLCI down 7.4%); selling pressure largely from local investors in anticipation of foreign fund selling following the outcome of Saturday's polls, say dealers. "SapCrest is being sold down as it is a foreign-investor-favored stock," says dealer. Adds, selldown unwarranted; recent filings indicate Seadrill (SDRL.OS) accumulated 4.5 million SapCrest shares between Feb. 28 and Feb. 29. increasing its stake to 166.81 million shares, accounting for a 14.3% stake in SapCrest. "This sharp decline in SapCrest's share price will allow Seadrill to accumulate a larger stake in the local company at a much lower price," dealer says, adding Seadrill likely to increase stake to 20%. Psychological support at MYR1. (VGB)

Hi. Good morning, just log in.

Really busy this time round. Not yet shopping, assessing the situation first.
There are some panic selling.

Considering on Genting and TNB.

Those construction stocks surely will be hit hard, due to political uncertainty. So rebound on those stocks might be weak, if really want to choose among the falling dagger, better go for those fundamental strong and less political influence stocks.

Afternoon session is very crucial for the market in current situation, if market continue to fall back from some rebound in the afternoon, then market has some room for the downside.

This post has been edited by cherroy: Mar 10 2008, 10:49 AM

just some technical. it wont last/hold long as can see. still alot of uncertainty. better becareful. futures is down again as can see. hit and run play

struggle of power still in progress in the country. no directions yet. forming new govnt. wait for clearer pictures

This post has been edited by ankw: Mar 10 2008, 10:43 AM

I am sticking to my style, never catch a falling dagger, got to have discipline...

KLCI falls 7.24% in early trade

PETALING JAYA: Stocks came under heavy selling pressure in early trade on Monday, with the KLCI falling to multi-months low of 1,202 as investors reacted to the news of the general election and also the sharp fall on Wall Street last Friday.

Key Asian markets also fell in early trade, registering losses of between 1.24% and 2.24% as investors feared the recession in the United States following the latest batch of bad news, including job losses.

At 10am, the KLCI was down 93.82 points or 7.24% to 1,202.51. Turnover was 269.86 million shares valued at RM668mil. Losers hammered gainers 659 to 14.

Last Friday, the Dow Jones Industrial Average fell 1.22% to 11,839, below the key support level of 12,000.

Shanghai's "A" share index fell 2.24% or 101 points to 4,410.96, making the second worst affected market after Malaysia. Singapore's Straits Times Index skidded 1.73% to 2,816.80, South Korea's Kospi lost 1.63% to 1,635.41 and Japan's Nikkei 225 fell 1.43% to 12,599.78. Hong Kong's Hang Seng Index opened 0.5% lower at 22,387.25.

Stocks linked to the multibillion-ringgit Pahang-Selangor water transfer project fell sharply. KPS hit limit down, falling RM1.02 to RM2.40, Puncak Niaga RM1.18 to RM3.34 and JAKS 30 sen to 70 sen.

MRCB, which is undertaking the monorail project in Penang, lost 57 sen to RM1.36. It was the most active with 22 million shares done.

DiGi was the top loser, down RM1.40 to RM21.60, KL Kepong RM1.20 to RM14.90, Tenaga RM1.15 to RM7.50 and Sime Darby RM1.10 to RM9.90. UEM World lost 60 sen to RM2.84.

On Bursa Malaysia's outlook, CIMB Research said in view of the poor performance of the Barisan Nasional in the general elections, it had downgraded Malaysia from overweight to neutral.

It advised investors to go defensive and seek out counters which had low reliance on domestic factors such as plantations and oil and gas.

URL: http://biz.thestar.com.my/news/story.asp?f...29&sec=business

guan eng said new gov is going to "reconsider" --> cancel the PGCC project..
which companies are related to this??