So many stocks oversold and still dropping, interesting to see what happens when the dust settles. I've started this thread for those happy punters who managed to pick up some bargains today. Just disclose purchase price and closing price.

Please refrain from criticising fellow investors who lost money today ok.

This post has been edited by okyjace: Mar 10 2008, 01:22 PM

ahh nice topic, i'd love to know, too.

some shares are cheap, some aren't.

i am looking forward to buy the following, but the price still high.

MAYBULK - 3.70 or below
BJTOTO - 4.50 or below
BURSA - 8.00 or below
DIGI - 20.00 or below

staying sideline, meanwhile monitoring

i predict the market will go further down in the future

is bjtoto a good stock to hold during the bear market?

i bought more star shares today

good choice .. looking into these too

the main focus on what to pick during time like this are:

1. stock that could rebound fast
2. dividend stock, which could promise you a steady DY% of the year
3. defensive stock like REITs

===============

stock that you should avoid

1. warrants (due to uncertainty, not advisable, market takes several months or years to recover, your warrants cant wait for you for that long)
2. government-linked stock

Anyone looking at this three:

1. Bursa - currently drop 10.05% @ 8.95
2. Maybank - currently drop 3.91% @ 8.60
3. PBBANK - currently drop 4.41% @ 9.75

Thinking of getting some of these counters during grand sales

Appreciate any comments from sifus and taikor

This post has been edited by optimuz: Mar 10 2008, 11:52 AM

Had to modify the thread title seeing as stocks are continuing to fall and some people (won't mention names) decided to jump into Public Bank at 10.00 - one of the many stocks still falling.

haha.. more ppl with bet on TOTO jackpot during bear market..
so BJTOTO is good choice

even at 10.00, i'd still say it is a good buy, why? because it is PBBANK
as long as we chosen the RIGHT stock
bear in mind that we can't buy at the lowest nor sell at the highest

still too early to say on the impact of Non-halal industries, whether the opposition will take action to put a clamp on this activities. Especially PAS controlled turfs...

So long term outlook looks abit gloomy...

looking for other potential defensive stocks...

Not GLC owned, HALAL in every sense and has major projects on going abroad.

any suggestions????

This post has been edited by aurora97: Mar 10 2008, 02:10 PM

expect market to rebound in the afternoon session as oredi confirmed badawi will be the pm for the 2nd term, selling pressure in the morning might coz by rumors saying the pm might forced to resign. whoever bought any shares in the first half, sit back and enjoy ;-)

Badawi may still be able to take up his PMship, but problem is my 2cents worth he will start to feel the heat below. For now its just for stability sake and no chants for his head, I expect him to resign within the year sighting health issues and Najib heading the Mob.

GE08 aftershock will be continue with UMNO and MCA party election coming up. So expect to see the volatile share market. Keep cash is better.

we'll see then

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Added on March 10, 2008, 2:23 pmwhen is it? few more weeks from now?

This post has been edited by panasonic88: Mar 10 2008, 02:23 PM

my goodness it is still dropping. Come on drop more more more. If drop close to 1100, i think i wana bargain hunt O&G and plantation.

This post has been edited by Avex: Mar 10 2008, 02:48 PM

are u sure? im doubt about tat

trading halted ? no chance to recover today ;-)

i bought cepat at 1.27...very undervalued plantation stocks.it will hold nicely even if KLCI < 20 percent hehe

tripped first 10%. Market Halted its official

Market halted !! Better stay out for now, may dip further to < 1000.