Is it like this ar?? just trying out ....

Stock Market V11

haha nice one

topic pinned!

wao! #3 post...

i juz noticed that PARKSON has been drop from 10.00 to 5.50 in 3 months time!!
its ~50%!!
wat happen???

same thing happen LIONDIV which someone here said its related to PARKSON movement, drop ~50% too from 2.00 to 1.15..

i was interested in Liondiv last time too since it was once Pana fav counters....but when i got to know that dividen is little only...i lose interest liao...ehhehehe

anyway...thanks again Pana for injecting me with PBBANK drugs hehehehe....no regrets now selling all my scomi for PBBANK.....anyway...still awaiting SAPCRES goreng season! heheheh

KPS

today letgo all my sapcres, scomi. pick up resort.
i notice resort is about half price of genting. would it be wise to trade in genting for 2 resort?
genting still stuck at 8.x

genting long term should be good
my friend bought at RM9.xx

KPS and KHSB is good also for long term.

cool new topic
fresh start then what do we get here. now 613
see naik nai so happy
time to sell

In for V11

TM giving out 22 sen dividen ex-date 24/04.

Is it worth it?

---

Added on March 25, 2008, 7:33 pmPOH KONG HOLDINGS BERHAD ("Poh Kong" or the "Company")
- PROPOSED PRIVATE PLACEMENT
We refer to the announcements dated 10 December 2007 and 5 March 2008 in
relation to the Proposed Private Placement.

On behalf of the Board of Directors of Poh Kong, MIMB Investment Bank Berhad
wishes to announce that the Company had on 24 March 2008 submitted its
application to the Securities Commission (pursuant to Section 212 of the
Capital Markets & Services Act 2007 and Guidelines on the Acquisition of
Interest, Mergers and Take-Overs by Local and Foreign Interests issued by the
Foreign Investment Committee) in relation to the Proposed Private Placement.

This announcement is dated 24 March 2008.




Ehh?? What does this mean?

Holding quite a number of lots of this stock

This post has been edited by dsugums: Mar 25 2008, 07:33 PM

Poh Kong submit its application to propose take private the company.

anyone here is using CIMB online share trading?
how to apply?

RESORTS shareholders,

anyone subscribe to GIL?

i heard it is something like, every 1,000 shares of RESORTS, you would entitle to buy 100 shares GIL at RM 0.88

*GIL is listed in Singapore, SGX

is it really worth to subscribe?

Should I be worried? is it time fr to sell off the shares?

My buying price still high than the current price

from my past observation
when a share is going to announce taking private
its price will shoot up rocket high

for eg. MAXIS, MAGNUM.

Like dat ahh?

Trying to get rid of this shares for the past couple of weeks

No wonder price suddenly green today.

no comment

i never like jewellery's shares (POHKONG, DEGEM, TOMEI, etc)

This post has been edited by panasonic88: Mar 25 2008, 08:41 PM

private placement is not to take company to private. It is like to issue additional 10% of shares to a third party without trading on stock exchange, basically for additional working capital and better team up. Should not have much impact on share price, as these shares are held as long term investment by the third party.

Just 2sen opinion.

This post has been edited by SKY 1809: Mar 25 2008, 09:22 PM

where u get this news? i couldnt find it in announcement..
btw..what is the price of GIL currently?

mind to tell more?

wah, 11v already...
good good.. and have a freash all day/week green~~

Anyone gone for the MalaysianInvest conference? What's the news on KPS, Jaks and KHSB? Have been busy with work..

Genting International PLC today close is SGD 0.59.

Btw, just recent KLSE newly implement new system or rules seems puzzle a lot of people.

Last year budget time.
1. Introduce single tier dividend system.
2. Increase min brokerage fee by 3x or more to RM40.

Now.
3. Merger of main and second board. <-- hard to finfd a reason for that.

Non of those seem beneficiary to investors especially retailers. Kind of hard to find a concrete reason what it has to do to promote investment in KLSE except the newly commission rate is fully negotiable for substantial amount of money traded one.

Retailers gain none from it. About the main and second board merger one, why need to have second board in the first place. <---- lot of retailers being burned heavily by second board counters, quite similar to recent CWs 'hangus' story. Second board index (which had been abolished, may be too ugle to be seen , just joking) was up until 500-600, when it was abolished just 1-2 years ago, the index is hovering at around 100+ only, <-- see the degree of damage?

Second board counters are simply too easy to ''goreng' due to low liquidity, that's why when the strong wave of scond board 'goreng' season, almost all second board counters price sky-rocketing to insane price, most at least Rm10+ and above. Repco was the infamous 'king of the share' being 'goreng' kau kau and went to to as high as Rm100+ to Rm200.

This post has been edited by cherroy: Mar 25 2008, 11:14 PM

Shares issued pursuant to a private placement scheme is also traded on the Exchange.The Investors are normally identified by the company and is supposed to be "long term investors".It does have some impact on the company's future earnings and should affect the price on long term.

For long term, it always depend on how good is the management. When the co takes a loan or issues more shares, cashflow will improve and hence a better bottom line is expected. However, if management is poor, then it would act as a double edge sword. Then, also the effect of share dilution again.

In the past, some companies also misused the money from the right issues ( for other purposes ) for example.

This post has been edited by SKY 1809: Mar 26 2008, 12:57 PM

Bursa boards to be unified

KUALA LUMPUR: Prime Minister Datuk Seri Abdullah Ahmad Badawi yesterday announced a streamlining of Bursa Malaysia's main and second boards, as well as the structure of Mesdaq market.

He said the two boards would be combined into a unified board for more established companies with strong financial track records.

Abdullah, who is also Finance Minister, said the Mesdaq market would be revamped under the proposed streamlining process to allow smaller companies to access the equity market at an earlier stage of their lifecycle.

"The unified board will have uniform listing requirements and comprehensive disclosure based regulations with easy entry and fast removal access.

"For Mesdaq, the listing of emerging companies will be sponsor-driven whereby advisers will play a greater role in bringing listings to the market and maintain on-going supervision by reducing the number of boards and the number of listing requirements," he said in his keynote address at Invest Malaysia 2008.

Abdullah said the move would help catalyse the listing of more high quality companies in the local equities market.

The Government, he said, would be establishing a market-making framework for Bursa Malaysia.

"Market makers can include proprietary traders in commercial and investment banks as well as foreign traders to provide liquidity in the market," he said, adding that the initiative would help price discovery, promote innovation and enhance market liquidity.

"The government will offer incentives such as tax concessions and lower fees to attract financial institutions to act as market makers," he said.

Abdullah also said the government would allow the setting up of a third credit rating agency with foreign strategic partners holding up to 49% equity interest.

"We hope the domestic rating agencies will enhance their performance through better supervision and more competition," he added.

Currently Malaysia has two rating agencies: namely Rating Agency Malaysia Bhd and Malaysia Rating Corp Bhd.

Meanwhile, Abdullah also announced that the government would liberalise the bond market approval framework.



DATUK ZARINAH ANWAR

Chairman

Securities Commission (SC)



SC is still working on the rules and regulations to enable the revamp on Bursa Malaysia's Mesdaq, main and second board structure to be implemented and operational by year-end.

For (the new) Mesdaq, it will not only be for high-tech and high-growth companies, as we want more emerging companies to participate.



DATUK KRISHNAN TAN

Managing Director

IJM Corp Bhd



THE Government's poll losses will not slow down the spending on public works. Awards may peak but jobs may take two to three years to finish.

Many big construction companies already have substantial order books to provide two years of earnings. If there is a delay, it will be in order book enhancement and should not affect earnings in the immediate term.



DATUK LIM HONG THYE

Executive Director

Ann Joo Resources Bhd



THERE must be a good reason for the call to combine the main and second boards as well as revamp the Mesdaq market. Hopefully, this will lead to better efficiency, transparency and more quality stocks listed on Bursa Malaysia.



PUSHPA RAJADURAI

Executive Director

AmInvestment Bank



THE industry has been asking for disclosure-based regulation in line with other jurisdictions. We can now have a common playing field with other countries. It is a step forward.

The disclosures that corporations have to make with regards to initial public offerings (IPOs) must be comprehensive and ensure quality.

Intermediaries must ensure that is in line with Bursa Malaysia's focus on quality, complete disclosure and growth.

It is for companies with track record and need to tap the capital market.

These companies require good branding and investor relations before and after listing, as they will have to convince more investors to buy their shares.

The revamp of Mesdaq is timely and the opening up to sponsors is driven by the market and in line with what is happening in the Alternative Investment Market of the London Stock Exchange (AIM).

Mesdaq companies will have to ensure they have a growing business model and sound management. This is positive for those with a business that can compete with the technology and know-how.

For us, this will be a better year although for now, the overall market plunge has affected sentiment.

There were 40 IPOs done in 2006; 27 in 2007 and this is expected to go back up to 40 or 50 this year.

We are looking at the value chain - plantations, property, oil and gas and corridor developments.

Mergers and acquisitions will continue as people look at market capitalisation, privatisations and foreign interests.

There could be foreign buyouts of local companies.

URL: http://biz.thestar.com.my/news/story.asp?f...07&sec=business

today market will b very flat lo....no good news....US drop a bit....all play waiting game again heheheh

yupe.. expected after the announcement of board merging...
im wondering will tat be revamp the index stocks too....

Malaysia's AirAsia X buys 10 more Airbus planes

KUALA LUMPUR : Malaysian long-haul budget airline pioneer AirAsia X said on Tuesday it will buy 10 more Airbus A330-300 aircraft for 2.1 billion dollars, bringing its fleet to a total of 25 aircraft.

The carrier had previously signed an order with Airbus for 15 of the aircraft.

Azran Osman Rani, chief executive officer of AirAsia X, told AFP that a signing ceremony to confirm the purchase of the 10 additional A330s would be held on Thursday.

"The list price for the 10 new aircraft is 2.1 billion dollars. With this firm order, the total number of A330 aircraft in our fleet will be 25," he said.

On future fleet expansion plans, Azran said the airline was eyeing the "next generation aircraft of Airbus 350-900 and the Boeing 787-9."

AirAsia X has began flying to Australia's Gold Coast and to China using a leased A330.

It has plans to launch flights to Britain in the fourth quarter of 2008 after acquiring additional aircraft and will eventually extend to Europe, Japan and the Middle East, with fares on average 50 percent lower than full-service carriers.

AirAsia X, an affiliate of AirAsia and Virgin Blue, was launched in January 2007. AirAsia and AirAsia X share common shareholders, including AirAsia founder and chief Tony Fernandes.

Richard Branson's Virgin Group has taken a 20 percent stake in the airline and the British billionaire has vowed to ensure that the project turns a profit. - AFP/de

http://www.channelnewsasia.com/stories/afp.../337193/1/.html

Volume very low

wonder why no one touches TM

This post has been edited by dsugums: Mar 26 2008, 09:38 AM

Anyone can explain about a bullish signal called a double 9-1 days and a 90% day that just occurred recently in the US which supposedly is a bullish signal that emerges and the 60-day average afterwards shows something like a 22% appreciation in stock prices.

haha.. u r aiming the 22sens dividend le

Been nice to "goreng" Sapcres stocks. Made some handsome booties through this stocks twice

came in late missed the sapcres boat.
and sapcres inching up again.
hopefully the boat come back to pick me up.

Actually I missed selling at 1.14 yesterday. Today sold at 1.15

Probably will go down again later, then sapu again

Selling pressure still high

This post has been edited by dsugums: Mar 26 2008, 10:09 AM

everyday goreng collect a few hundred..
then when goreng hangus lose a few thousand ..

i noticed SAPCRES, too

it is nice to "play" in between 1.04 to 1.15

making some peanuts in between

look like profit taking starting, better jump off the boat early

hopefully the boat come back
sapcres sapcres.
yes selling pressure but the share is strong. it is moving up.

17K + lots stuck at 10.90 for TM.

My que is at 11

People still goreng Liqua

This post has been edited by dsugums: Mar 26 2008, 10:17 AM

wow today is TIMECOM's turn to rally!

GLC is taking turn to get goreng-ed, lol!

@alivecmh

KPS fire never die, woot!

. i dare not buy that one anymore.. (If i were to hold it longer, i would have earn almost 10k )

if it touch 1.04 again, i sell my house and buy.. sapcres

This could be timecom's turnaround. Like I said, anything can happen when spoon-fed people are forced to work. We'll see its future. Atleast short term it might gain a few.

This post has been edited by naz_b_85: Mar 26 2008, 10:22 AM

Some say KHSB is taking off the ground to the sky but don;t enter at current price, let it cool down to 0.4x. source from investlah

i see, yah, GLC has been going up for ermm, 3rd day?

buying now might end up stuck at high price

must be fast in, fast out

What reason is pumping it? Why are the foreign anwar brigade playing it?

Probably will come down soon. Oil prices coming down sharply last few days.

But not sure will go up again (maybe need some Viagara later; maybe Mr. Bush can help)

wat happened to maybank & masteel today?
no volume

wah.. u so fast "sai lang" meh....
btw... how u guys define whether a counter is being goreng at the moment??

is this khsb with fundemental or is it penny stock?

gonna miss this goreng pisang.. have to go bangkok 3 days motorshow..

---

Added on March 26, 2008, 10:31 amtemasek selling some thing they own to maybank for 1.2billion or is it 1.4bil. so counter suspended

KUALA LUMPUR (Dow Jones)--Malayan Banking Bhd. (1155.KU) Wednesday said it has agreed to buy 100% of Sorak Financial Holdings Pte Ltd, which owns 56% of Bank Internasional Indonesia, or BII, for $1.5 billion.

Maybank said also that it will make a tender offer for the remaining 44% stake in BII for $1.2 billion, taking its total acquisition cost for BII to $2.7 billion.

Sorak is 75%-owned by Singapore&apos;s Temasek Holdings Pte Ltd and 25% by Kookmin Bank.

BII is Indonesia&apos;s sixth-largest lender by assets.

"The acquisition will transform our growth prospects in Indonesia and is a huge step forward in our strategy to regionalize our operations through investments in selected high growth markets," Maybank said.

Maybank is Malaysia&apos;s biggest lender by assets and income.



This post has been edited by jongkolkhoo: Mar 26 2008, 10:38 AM

Yup, the more experience you are in the market, then it is the reality (90% chance) for playing short term on 'goreng' counter. Sometimes you need at least 2 gain to cover 1 loss. Then after 3 transaction done become breakeven, but for sure remisers and investment house are very happy man.

This post has been edited by cherroy: Mar 26 2008, 10:38 AM

i took a peek at forex forum in lyn and it looks like more fun ...
but as in any gambling, have to pay money to learn..
is it similar to sharemarket ka?

i heard ppl say its same
but forex needs more $$$ to make a big diff in profit
my opinion

Probably syndicate behind this stock also become 'stuck crab' so take this low volume environment to push up the stock. then clear some, just guessing, no concrete evidence.

---

Added on March 26, 2008, 10:49 amForex is a bit different than stock market, there are more lean to fundamental and technical side of play.

As movement in currencies market is generally small, you need high leverage to have meaningful gain from it.

This post has been edited by cherroy: Mar 26 2008, 10:55 AM

the more we look at malaysia market, the more blur we become.
any good shopping list buy?
besides sapcres

resort seems to be moving up..

This post has been edited by jongkolkhoo: Mar 26 2008, 11:24 AM

LANDMRK still carry on the up up up momentum after from yesterday ...

i always wonder how long these type of mini rally will last before everything starts eading down again;

Rally within a bear market

Must do hit and run tactic

---

Added on March 26, 2008, 11:44 amAny idea why Digi-CB warrant down so much?

This post has been edited by dsugums: Mar 26 2008, 11:44 AM

Market slowing down..if it continues could it be the end of this mini bull?

it is even a bull or just a calf?

sapcres.......................aiya.....

my opinion is this "stale bull" is not going to last especially tonight when Dow may open RED.

This post has been edited by sharesa: Mar 26 2008, 12:04 PM

Dow probably gonne be very red tonite. I think most of the actually result of tonite gonna be lower than expected.

i somehow agree

my desired stock all go up edy, not doing any shopping for the near future.

check DJ futures and see how..

Dow fut slightly down..nobody knows about this double 9-1 thing plus the 90% day thing?

is lembaga tabung haji doing a corporate bail out for UEMBLDRS?


i sold off d my uemblrds at 1.25......aih. lost 1.2k :sob:

This post has been edited by cky80: Mar 26 2008, 12:52 PM

Eehh? Why loss so much? You contra play kah?

If I am not mistaken, our friends here bought in UEMBLDR around 1.40-1.60.. Then when mart started to come down badly, our friends decided to cut loss.. its not contra but buy and keep with a hope of its going up.. sigh... unfortunately it came down..

This post has been edited by verbatim: Mar 26 2008, 01:32 PM

damn... My remisier called me, he said due to the system error, all my order cancelled, cannot buy cannot sell now. wait for the system to recover and Q again. wtf. This morning I Q at good price, now need to Q from behind again.

Which investment house?

System crash? <--- not updating their computer probably or buying cheap hardware stuff, haha, just joking.

Btw, market become 'lembik' already.

This post has been edited by cherroy: Mar 26 2008, 02:38 PM

I'm using interpacific online trading system, which is actually zoomFinance system.

wow this is so bad, imagine if market panic sell, wanna "cabut" also kenot
did your remisier say when is the system up again?

Now up already. Q again from the back... got many Q infont of mine already. sigh

How you know so many in front of you? Can check ah?

very simple, I Q at 0.585 this morning, but just now my Q cancelled due to the system. When i re-Q again, already got another few hundred Q'ing.

queue to buy or queue to sell ?

but the market really sleepy...

Q to sell. coz manage to make some mini bux. Hopefully able to sell it away.

you consider yourself lucky still got something profitable to sell.
me got no stock. (only have pre election stock )
wan to buy also boat sudah lari. if today can catch boat also headache cause tomorrow not free to check.

run while still can. tonight, mostly DJ will down after 2 days rally. yesterday nite form a hammer, dunno will down or up.
If tonight managed to close up, DJ still have chances to break its trend channel from down to up.
Anyway, just be prepared..

I wish I can run though

cannot run then let it "sleep" for 3 to 5 years

If the particular stock can 'sleep' then still OK, but some 'hangus' and afterwards being delisted one (CWs expired, PN17 forced to be delisted by KLSE) then all down to the drain. So one should always choose wisely.

Just my 2 cents

This post has been edited by cherroy: Mar 26 2008, 03:26 PM

me too. need to escape with some minor losses.
prepare to enter market again when next bear come. last few days is just mini rally only.
We'll expected to see some small correction again when US banks announced its financial results in mid April.

Btw, anyone attended ATIC '08 last Saturday and Sunday at KL Convention center?
The seminar schedule are very tight. Every half an hour need to change place. Remind me of college studies long time ago(college lifes).

those can sleep in the coffin already

or become "yam shi chi" liao(burned)..
can get it back after life..wahahahaaaa..

wow TRANMIL goreng-goreng time!

1.66 jumped to 2.02

where to check whether the company is in PN17?

Still holding Poh Kong and H-Display and SOP.

Probably need to let go at loss instead of letting it in coma mode. Otherwise, ended up dead

Tenaga I am not so worried though

This post has been edited by dsugums: Mar 26 2008, 03:33 PM

by the way, futures -44 liao