i agree,
the thing is i am holding some magnum shares ,
and i dont see a reason to let go until the privatisation pries it from me .

....only if i am really short on cash or my other fav drops to all time low...then maybe

u get "charge" difference between buying and selling price

well then which long term counter do u advice?

mkt having a slight rally will it last?

maybe there's good new coming?

or could it be a one day thing

thought today was going to be another sleepy klse,

but around 3pm klse starts to run, anybody has any leads at all why

some news from the star...

CPO to rally on tight vegetable oils supply
By HANIM ADNAN


nem@thestar.com.my

PETALING JAYA: Crude palm oil (CPO) is expected to trade near the RM4,000 per tonne mark within the next few weeks as fear over vegetable oils supply tightness escalates following strikes in Indonesia and Argentina.

In Argentina, farmers are set to revive a three-week strike against a tax hike in soyoil exports that was called off last week if the government fails to meet their demands.

Meanwhile, port workers in Indonesia are planning a major strike after Parliament passed legislation on Tuesday ending a state monopoly on operation of the country's ports.

A trader told StarBiz that CPO was heading for a run-up in the next two weeks based on the latest developments in Indonesia and Argentina, the world's largest producer of palm oil and soybean respectively.

China is also importing more palm oil in the second quarter following its traditional low purchase season in the first quarter.

CPO, after hitting an all-time high of RM4,486 per tonne last month, dropped about 30% in a sell-off early this month.

Yesterday, CPO futures on Bursa Derivatives closed lower with the benchmark June contract down RM50 to RM3,325 per tonne.The trader said CPO was expected to trade above RM3,000 per tonne in 2008 and 2009, as Malaysia and Indonesia were set to face worse haze threats due to a we akening La Nina this year.

Drier periods are expected with the possibility of more hot spots in the world's two largest palm oil producing countries.

The effects of haze are often felt six or 12 months later, which could lead to lower palm oil yield and reduced output.

AmResearch in its latest sector update said: "If the haze occurs this year, CPO production in 2009 will decline, thus further boosting CPO prices."

The haze in 2006 resulted in CPO production declining to 15.8 million tonnes in 2007 from 15.9 million tonnes in 2006.

For 2008, industry experts have forecast Malaysia's CPO production to range from 16.2 million to 17.3 million tonnes, and Indonesia's output at 18.4 million to 19.8 million tonnes.

AmResearch, which has an "overweight" on the sector, has buy calls on IOI Corp Bhd and Kuala Lumpur Kepong Bhd.

It also likes smaller cap plantations like Sarawak Oil Palms Bhd and TH Plantations Bhd as well as Singapore-listed Wilmar International Ltd and Indofood Agri Resources Ltd.

looks like people are locking into profits, buying has slowed

yup, need to wait until clearer signal ...

nobody wants to "shoot" firsts must save "bullets" but must try to make a "killing" also ... so how

really.... ...hope so....

base on that statement, i take it u have put or are going to put all your money in the klse

lol i did the same thing ,
hopefully the regional market can turn red on monday so that our klse can go green

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Added on April 13, 2008, 11:31 amso true,

in current climate once my stock hit a price level enough to cover the trading cost and some "pizza hut" i would sell even if its a good stock.

(with exception to one particular stock.... )

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Added on April 13, 2008, 11:50 amQuick qustion for those using online trading

I am currently using HLebroking and is happy 90% of the time

but i notice that cimb is pushing it's online trading (cimbclick i think) recently so i went and check it out.

What they are advertising is brokrage rate of RM8.88 PER transaction , but didnt mention if it's the min. chargable amount (like HLe's RM12 min.) or the actual percentage rate (like HLe's 0.42%).

Does anybody has a CIMB online trading a/c who can advice?

thanks in advance

This post has been edited by PBB boleh: Apr 13 2008, 02:41 PM

OIC...good to know

i thought online broking is different since it has lower operating cost ....

quick qustion,

on the cimb website it's stated RM 8.88 "per" transaction, is that for any amount traded?

8.88 per 10k trade equals 0.088% fees....and goes lower the more u trade...

If it is really flat rate, i dont mind being lured.

OIC

running to cimb to open a/c

well... better than nothing..


because...

not including stamp duty & clearing fee,

for buying & selling of stock A at RM10k
my remiser charges RM140.00
hle charges RM84.00
Cimb charges RM17.76

cannot compare lah

This post has been edited by PBB boleh: Apr 14 2008, 12:15 PM

tried to open a a/c at CIMB bank but the staff blur blur

called CIMB directly but only get the "i am not too sure answer"

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Added on April 14, 2008, 3:03 pmbtw trade limit for cimb is only x1, meaning got 10K can only trade 10K,
and must mantain 10K balance (at T+ 3 must top up money or sell)

This post has been edited by PBB boleh: Apr 14 2008, 03:03 PM

If it falls to rm6.00 I be looking at rm5.00 joking