Different people have different perceptions on "long term".
For me, anything 10 years and beyond is considered long term.

it is earning or market capitalisation ...



half true i think...

RM2.50 was the before warrant distribution. When the warrants was distributed, the dilution effect was expected to be around 30% since the number of possible new shares created from conversion of thew warrants was almost 30% of the outstanding share in the market. So taking the 30% into account for the dilution effect, stock prices would also be affected.

But bear in mind the majority of warrants are not converted yet since it lasts until 2018, so meaning the dilution has not occur yet. In other words, their latest quarterly results will still benefit the current shareholder when the profits attributed to shareholders are calculated.

Profits on the other hand are expected to fall some 1-5% and some say 5-10% depending on how the windfall tax on IPPs are calculated.

Luxchem IPO is the worst IPO of the year

How on earth can an IPO drop 30 cents on the first day? The directors selling off ? Totally ripping off the people who applied /sent bank drafts / etc etc to get the IPO ....

OMG oil price just hit USD 141

directors have an agreement that they aren't able to sell in a stipulated period upon listing.
Could be the institution investors selling off together with some panicky retailers.

guys,

what do u think of BURSA @ 7.65? i think of buying la

where do you see real time crude oil prices? pls provide the link.. TQ

my opinion is this may not be a good time as there may be more falls ahead & volume may continue to be really low for this whole year. After all, their profit is from good trading volume. Yusri (Bursa Head) has been really lying low these few months.

Damn..

www.cnbc.com

Thank you...

Where are our Sapcres gang now? Are they buying at lower prices... SCOMI? Yummie....

Sapcres still holding well. Not buying nor selling it . Its hovering around my average price.
What about you?

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Added on June 27, 2008, 4:53 pmI'm shock to see property counters like Sunrise, YNH are trading at its lowest today

This post has been edited by sharesa: Jun 27 2008, 04:53 PM

For this type of industry, you cannot see the growth % each year and it is very seasonal, more bear time than bull time.

Oil hits $142 already. Get ready for a big crash.

gonna be soon? Still have a bit more positions to liquidate.

Very soon.

My prediction, oil to go up to $150 next week before the unemployment report. Dow Jones will close below 11000 this month.

Important datas next week:
Jun 30 9:45 AM Chicago PMI Jun -
Jul 1 12:00 AM Auto Sales
Jul 1 12:00 AM Truck Sales
Jul 1 10:00 AM Construction Spending
Jul 1 10:00 AM ISM Index Jun -
Jul 2 8:15 AM ADP Employment
Jul 2 10:00 AM Factory Orders May -
Jul 2 10:30 AM Crude Inventories 06/28
Jul 3 8:30 AM Initial Claims 06/28
Jul 3 8:30 AM Nonfarm Payrolls Jun
Jul 3 8:30 AM Unemployment Rate Jun
Jul 3 10:00 AM ISM Services

Merill Lynch to report earnings too, and not to mention Citigroup might announce a nasty surprise!

The Bears have the best cards at the moment, the bulls will going to lose big next week.

DJIA futures down 42 points at the moment.

http://www.cnbc.com/id/17689937

Next week has 4 trading days!

This post has been edited by AdamG1981: Jun 27 2008, 07:47 PM

52 weeks low mean nothing because of previous 2 years of bull run which make a lot of stock price go quite high. So 52 weeks low just compared to higher benchmark of level only, and meaningless especially bear market sometimes can last 2-3 years time.
Just like I had mentioned long time ago, the 'cheap' mis-conception. 52 weeks low falls into this kind of category.

Airasia is all time low, you can say it is 520 week low also. (Airasia doesn't have 520 week either) , even Astro, Proton. They are really cheap? (may be except Airasia, but if oil price stay at elevated level, Airasia might not cheap also)

Just like some other forumers pointed out, if Airasia Par value is RM1 instead of RM0.10, then current price is RM8.60.
But people now say Airasia at Rm0.86 is dirt cheap, but if it is Rm8.60, I don't think many will say it cheap already. This is a general mis-conception, as both are ay the same valuation for the company and market capitilisation.

Oil will rally to USD150, market will doom. OPEC president said that it will rise within month.
Tentatively, JPMorgan and Merril Lynch scheduled to announce its result on 16th and 17th July. However it is not confirmed yet. Could change without notice.
For Citigroup which recently has been downgraded by Goldman Sach and will announced another 8 billions writedown is confirmed to announced its financial results on 18th July. So mostly that day is BLACK FRIDAY !!!
Trend will sure heading south until mid of July.

Btw, im not sure why next week has 4 trading days? Shouldn't it be 5 days instead? Got public holiday for KLSE or DJIA?

Edit: checked, next Friday US will have holiday: independence day!
Erm...thinking whether US ppl will have good mood to buy stocks next Thursday? Maybe Asian will stay on her own(rise) due to no news from US.

This post has been edited by dreams_achiever: Jun 27 2008, 09:24 PM