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 Stock Market V11, Stock Market talk

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TSkinwawa
post Mar 28 2008, 10:31 AM

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hi ppl....my company block forum liao so cant access..luckily i know another 'lubang' to do it hehehehhe...so i can only login occasionally .....hard to monitor price liao also so if got any good news remember to update me here ar...Sapcres y lose steam liao...fast fast jump back to 1.7-1.8 region! hehehe...
c0c0nut
post Mar 28 2008, 10:38 AM

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QUOTE(jasontoh @ Mar 28 2008, 09:56 AM)
Can get but be careful? Meaning the rally will be over after next week?
*
yes thats what he told me
SUSDavid83
post Mar 28 2008, 10:44 AM

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Mild fund buying lifts KLCI off early low

KUALA LUMPUR: The market opened lower in early trade on Friday, weighed down by the overnight losses on Wall Street, but some buying of blue chips including MISC, IJM and Maybank lifted the KLCI off its early lows.

At 10am, the KLCI was just down 0.24 point to 1,253.79, off the opening low of 1,247.10. Turnover was 197 million shares valued at RM272.60mil. There were 172 gainers, 188 losers and 138 counters unchanged.

Among Asian markets, Japan's Nikkei 225 fell 0.06% to 12,597.50, Singapore';s Straits Times Index lost 0.03% to 3,024.15 while Shanghai's A Share Index eased 0.13% to 3,574.21. However, Hong Kong's Hang Seng Index opened 0.41% higher at 22,756.42.

On Wall Street, the Dow Jones industrial average fell 120.40 points, or 0.97%, to end at 12,302.46.

In the United States, corporate profits fell 3.3% in the fourth quarter of 2007, according to government data. The Commerce Department said the economy grew at an annual rate of just 0.6% in the fourth quarter, unchanged from a previous estimate and down sharply from 4.9% in the third quarter.

At Bursa Malaysia, Maybank, which hit a five-year low of RM8.40 Thursday, rose 10 sen to RM8.50. MISC and the foreign shares rose 40 sen each to RM9.40 and RM9.50 respectively, while IJM added 15 sen to RM6. Public Bank gained 10 sen to RM10.80.

Ewein, which was listed Friday, jumped 24.5 sen to 94.5 sen. The Penang-based company makes tools, dies and parts for electrical and electronics equipment.

The warrants of Wah Seong, which were listed Friday, surged 30 sen to 30.5 sen but the shares eased three sen to RM2.06.

SP Setia was unchanged at RM3.68 off the early high of RM3.74. Analysts said the first quarter earnings for the period ended Jan 31, 2008 of RM49mil was broadly in line with their recently lowered profit numbers.

"Although it came in at 18% of our full-year forecast as well as consensus estimates, it was not a surprise as 1Q is typically the weakest quarter and the shortfall should be covered in the remaining quarters," said CIMB Equities Research.

Gula Perak rose 0.5 sen to 11.5 sen and it was the most active counter with 14.77 million shares done. Stocks on the move included Berjaya Corp, up seven sen to RM1.17 and Berjaya Corp-LC added six sen to 66.5 sen.

The major losers were IOI Prop, sliding 70 sen to RM11.10 but with only 1,000 shares done. BCHB and Shell fell 20 sen each to RM10.10 and RM10.90. Also down 20 sen was DiGi to RM24.20. Telekom gave up 10 sen tp RM10.70.

URL: http://biz.thestar.com.my/news/story.asp?f...33&sec=business
panasonic88
post Mar 28 2008, 10:44 AM

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QUOTE(kinwawa @ Mar 28 2008, 10:31 AM)
hi ppl....my company block forum liao so cant access..luckily i know another 'lubang' to do it hehehehhe...so i can only login occasionally .....hard to monitor price liao also so if got any good news remember to update me here ar...Sapcres y lose steam liao...fast fast jump back to 1.7-1.8 region! hehehe...
*
lol you should be glad that your company didnt block you from checking stock market tongue.gif

@c0c0nut
yoo long time no see biggrin.gif
dsugums
post Mar 28 2008, 10:45 AM

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QUOTE(c0c0nut @ Mar 28 2008, 10:38 AM)
yes thats what he told me
*
Wah Seong is scrapping at the bottom price. 52 weeks low is 2.00.

The Edge gave a good backing for the stock for long term. The business is still very good and expected returns are high.

Any takers?
markchan
post Mar 28 2008, 11:02 AM

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The market opened lower in early trade on Friday, weighed down by the overnight losses on Wall Street, but some buying of blue chips including MISC, IJM and Maybank lifted the KLCI off its early lows

sifus got any real online monitoring shares tools?
feralee
post Mar 28 2008, 11:09 AM

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i also que for sapcreset
markchan
post Mar 28 2008, 11:17 AM

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how much that stock now?
c0c0nut
post Mar 28 2008, 11:31 AM

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SAPCRES-W now is at 0.67
SAPCRES now is at 1.28


Added on March 28, 2008, 11:32 am
QUOTE(panasonic88 @ Mar 28 2008, 10:44 AM)
lol you should be glad that your company didnt block you from checking stock market tongue.gif

@c0c0nut
yoo long time no see biggrin.gif
*
hello long time no see....still banging on our trusted old counters ?....any new target ?

This post has been edited by c0c0nut: Mar 28 2008, 11:32 AM
naz_b_85
post Mar 28 2008, 11:36 AM

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Sapcres weighted down by alot of selling pressures. Those who bought abit lower but unwilling to collect today and want to sell. It is still at a higher price than what they bought, myself included.
panasonic88
post Mar 28 2008, 11:36 AM

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no target at the moment, all price went up bang bang sheng jor. biggrin.gif
markchan
post Mar 28 2008, 11:40 AM

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hmmm i bought timecom at 0.455 can consider cheap cheap or not?
now it is not going up very high
naz_b_85
post Mar 28 2008, 11:40 AM

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US futures turn green. The sell off last night dominated by tech weakness on some bad news and weak GDP. Should recover tonight. Our regional markets are looking good hinting at a sign of foreign spending. Malaysia seems to be relatively not preferred due to political instability. Also local institutions are buying at low volume hence the low daily volume.
c0c0nut
post Mar 28 2008, 11:41 AM

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hahha i found timecom and sapcres last 2 day....ok ok la....not too bad....made some den cabut hehehe

got a MAYBANK@8.30 yesterday
naz_b_85
post Mar 28 2008, 11:41 AM

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QUOTE(markchan @ Mar 28 2008, 11:40 AM)
hmmm i bought timecom at 0.455 can consider cheap cheap or not?
now it is not going up very high
*
Atleast you can run dy now. If you choose to at no loss and marginal gains.
markchan
post Mar 28 2008, 11:42 AM

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QUOTE(naz_b_85 @ Mar 28 2008, 11:41 AM)
Atleast you can run dy now. If you choose to at no loss and marginal gains.
*
plan to keep it for 6 month actually?
any opinion? gud or bad i willing to accept
c0c0nut
post Mar 28 2008, 11:43 AM

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for me i think timecom at 0.42-43 is ok.....but at 0.45 i wont go in la...last 2 days i got it at 0.38 sold at 0.45 hehehehe....
naz_b_85
post Mar 28 2008, 11:45 AM

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I personally wouldn't keep it because there are other better counters for you to put your money in but i'm talking from a safety point of view. It's up to you based on your risk level......
markchan
post Mar 28 2008, 11:45 AM

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based on the market trend i supposed that june,july or august the prices will shoot up. Prediction base on the last two year data....

hopefully i am correct will sell of then


Added on March 28, 2008, 11:46 am
QUOTE(naz_b_85 @ Mar 28 2008, 11:45 AM)
I personally wouldn't keep it because there are other better counters for you to put your money in but i'm talking from a safety point of view. It's up to you based on your risk level......
*
appreciate it

This post has been edited by markchan: Mar 28 2008, 11:46 AM
c0c0nut
post Mar 28 2008, 11:51 AM

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bro just becareful just before the Beijing 2008 OLYMPICS i think there will be a red season...so if u do have some risky counters better watch out....

this year i have changes my invesment mode from mid term to short tem...i buy and sell within 2 weeks no more no less...if aim wronf break even try again...cannot buy to keep unless those power horse shares like TM, MAYBANK, PBB....

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