Stock Market V13, Stock Market Chat, Traders and Investors Chit Chat
|
|
 May 22 2008, 11:42 PM, updated 18y ago
Show posts by this member only | Post
#1
|
 
Senior Member
3,037 posts Joined: Jun 2007  
|
OK started already, thanks for the honor pana!
|
Quote|
|
|
|
|
May 22 2008, 11:59 PM
Show posts by this member only | Post
#2
|
Senior Member
1,404 posts Joined: Jun 2005
|
I'm the 2nd here
 |
|
|
May 23 2008, 12:55 AM
Show posts by this member only | Post
#3
|
Senior Member
1,828 posts Joined: Sep 2004 
|
Bring from last version
QUOTE(skiddtrader @ May 22 2008, 11:04 PM) Announced a dividend of 7.5% T.E. of par value, which is about RM0.0375 sens per share. So for those holders get it right before the ex-date will be entitled full dividend or it'll be pro-rated basic?Results are slightly higher compared to last quarter mainly from their water treatment business in the UK. That business now contribute more than 60% of their profits. Maybe due to higher exchange rate, who knows. Added on May 22, 2008, 11:07 pm Genting will be paying RM0.043 per share and Resorts will be paying RM0.036 per share as dividends. 26th June will be ex-date so you have to buy before that to be entitled to dividend.  |
|
|
May 23 2008, 01:02 AM
Show posts by this member only | Post
#4
|
All Stars
17,053 posts Joined: Jan 2003
|
same 1 la after that day it will normally drop that amount also
|
|
|
May 23 2008, 02:35 AM
Show posts by this member only | Post
#5
|
|
Senior Member
3,037 posts Joined: Jun 2007
|
QUOTE(speedguy10 @ May 23 2008, 12:55 AM) Bring from last version As long as hold before ex-date, dividend will be paid in full. Whether you hold for 1 full year or 1 day, as long as you hold before ex-date, dividend is paid in full. No such thing as pro-rated dividend as far as I know.So for those holders get it right before the ex-date will be entitled full dividend or it'll be pro-rated basic? |
|
|
May 23 2008, 08:31 AM
Show posts by this member only | Post
#6
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
since resorts alr announce dividend..
can we assume now it is confirm wont get privatization or any any capital repayment anymore for this year? |
|
|
|
|
|
May 23 2008, 08:52 AM
Show posts by this member only | Post
#7
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
congrts for LSteel buyer yesterday. Good move.
AISB also move, nice intra-day move. Today popular one will be : - AirAsia - Genting - TM - Liqua (again) - Time (hvent move for sometimes) |
|
|
May 23 2008, 08:58 AM
Show posts by this member only | Post
#8
|
Senior Member
1,385 posts Joined: Mar 2008
|
I bought masteel? good news too? ^^..i bought genting's anak share..see whether it will rise ^^
|
|
|
May 23 2008, 09:06 AM
Show posts by this member only | Post
#9
|
Senior Member
2,013 posts Joined: Aug 2007 From: USJ
|
In for V13.
 Hope for some good news on Genting.  |
|
|
May 23 2008, 09:08 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
baby genting still there 320-335 range..
Added on May 23, 2008, 9:14 amwhat? Transmile on the move? +12c now.. fuiyoo... syndicate play again This post has been edited by zamans98: May 23 2008, 09:14 AM |
|
|
May 23 2008, 09:16 AM
|
Senior Member
2,932 posts Joined: Sep 2007
|
QUOTE(zamans98 @ May 23 2008, 08:52 AM) congrts for LSteel buyer yesterday. Good move. Me thinks too late to go into Liqua now, but there is contra potential in Time.AISB also move, nice intra-day move. Today popular one will be : - AirAsia - Genting - TM - Liqua (again) - Time (hvent move for sometimes) |
|
|
May 23 2008, 09:17 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
Q Time 0.180 x 250Lots
|
|
|
May 23 2008, 09:24 AM
|
 
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
@skiddtrader
you may look out for the Moderating Option on your lower left corner choose "pin this topic" to pin it up  @aretla same goes to yours V12, choose "unpin this topic". |
|
|
|
|
|
May 23 2008, 09:29 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
MASTEEL 1.90
 always stuck thereee |
|
|
May 23 2008, 09:32 AM
|
|
Senior Member
2,013 posts Joined: Aug 2007 From: USJ
|
QUOTE(zamans98 @ May 23 2008, 09:08 AM) baby genting still there 320-335 range.. Goreng goreng time again, don't fall for it. Added on May 23, 2008, 9:14 amwhat? Transmile on the move? +12c now.. fuiyoo... syndicate play again |
|
|
May 23 2008, 09:49 AM
|
|
Senior Member
3,037 posts Joined: Jun 2007
|
QUOTE(panasonic88 @ May 23 2008, 09:24 AM) @skiddtrader Hmm I got no option to pin it, only to close it. Maybe Cheeroy can help me pin this topic up when he checks in.you may look out for the Moderating Option on your lower left corner choose "pin this topic" to pin it up @aretla same goes to yours V12, choose "unpin this topic". |
|
|
May 23 2008, 09:50 AM
|
Senior Member
5,587 posts Joined: May 2007 From: KL 
|
QUOTE(aretla @ May 23 2008, 08:31 AM) since resorts alr announce dividend.. in my opinion base on numerous reports,can we assume now it is confirm wont get privatization or any any capital repayment anymore for this year? I believe there is a chance of privatization/capital repayment but "when" is the question.(wish I know the people so that can buy at the right timing  )I think Genting should want to capitalize the cash of Resorts + future income from Resorts but before they can do that they need to have a huge sum of money to pay to Resorts shareholders. At present Genting has committed aplenty on its expansion, whether they will exercise soon or not is really a question. |
|
|
May 23 2008, 09:59 AM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
Transmil up is because they proposed to issue shares at 2.20 to settle the borrowings,part of which already overdue.
If the proposal is implemented,long term effect is that company will not be facing liquidity crunch.But earning will be diluted by the hughe amount of new shares issued. Future earnings must keep pace with the increase in paid up to justify any increase in price.Do you think this will be the case? This post has been edited by lklatmy: May 23 2008, 10:16 AM |
|
|
May 23 2008, 10:01 AM
|
|
Senior Member
1,828 posts Joined: Sep 2004
|
QUOTE(skiddtrader @ May 23 2008, 02:35 AM) As long as hold before ex-date, dividend will be paid in full. Whether you hold for 1 full year or 1 day, as long as you hold before ex-date, dividend is paid in full. No such thing as pro-rated dividend as far as I know. Thanks for your explaination . So is it worth to purchase those high dividend counter right before the ex-date ?QUOTE(panasonic88 @ May 23 2008, 09:24 AM) @skiddtrader I think the "Pin this topic" option only available for Moderators. If not most of the topic will be pinned you may look out for the Moderating Option on your lower left corner choose "pin this topic" to pin it up |
|
|
 May 23 2008, 10:14 AM
|
Junior Member
238 posts Joined: Jan 2003
|
Morning guys,
Good luck for today! UP UP UP! BULL UP! QUOTE DGATE recently announcing First and final dividend of 0.68 sen per ordinary share of 10 sen each which consists of 0.50 sen less 26% income tax and 0.18 sen tax exempt dividend Shares Transfer Before Date : 28/07/2008 Why they wanna do this? They afraid ppl will trow away their shares before that date? If like that, on the 28 of July, ppl will get ready to sell it already right? Noob question, sorry. These dividend stuff not familiar lagi...  |
|
|
May 23 2008, 10:15 AM
|
|
Senior Member
3,037 posts Joined: Jun 2007
|
QUOTE(speedguy10 @ May 23 2008, 10:01 AM) Thanks for your explaination Normally, even before the dividend is announced, it is likely you will see the share appreciate. So likely when you want to buy if after the dividends is announced, it will be a little late but still possible to get some money out of it. Most announcements are made after closing hours, meaning when the markets re-open, you won't find the same price as before but rather a 'previous price + dividend' price on sale. . So is it worth to purchase those high dividend counter right before the ex-date ?I think the "Pin this topic" option only available for Moderators. If not most of the topic will be pinned Yeah, I'll definitely pin all my topics haha! Wah already pinned. Cheeroy in the house?? This post has been edited by skiddtrader: May 23 2008, 10:20 AM |
|
|
May 23 2008, 10:29 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
SARAWAK PLANTATION
Need advice to sell or hold? Got 1 lot at RM3 from IPO. |
|
|
May 23 2008, 10:31 AM
|
Senior Member
4,030 posts Joined: Apr 2008
|
STEEL counters rally again??!
|
|
|
May 23 2008, 10:32 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(kurt @ May 23 2008, 10:29 AM) SARAWAK PLANTATION Hold, as Crude Palm Oil price bounced back, parallel with Oil price.Need advice to sell or hold? Got 1 lot at RM3 from IPO. TP best set at 450 That's my personal opinion |
|
|
 May 23 2008, 10:39 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
QUOTE(zamans98 @ May 23 2008, 10:32 AM) Hold, as Crude Palm Oil price bounced back, parallel with Oil price. Thanks, man. Since you from Sarawak, I will hold and see... TP best set at 450 That's my personal opinion  » Click to show Spoiler - click again to hide... « This post has been edited by kurt: May 23 2008, 10:48 AM |
|
|
May 23 2008, 11:01 AM
|
|
Senior Member
2,013 posts Joined: Aug 2007 From: USJ
|
Ok how about dividend from PICORP? End of this month...
|
|
|
May 23 2008, 11:02 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
Sarawak (Energy) is a nice counter too.
|
|
|
 May 23 2008, 11:08 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
QUOTE(sinclairZX81 @ May 23 2008, 11:01 AM) Ok how about dividend from PICORP? End of this month... Final dividend in respect of the financial year ended 31 December 2007 of 0.72sen per share less income tax of 26%Shares Transfer Before Date : 29/05/2008 PRICE NOW : 0.745  Why no one grabbing the shares? advise advice, pls?» Click to show Spoiler - click again to hide... « This post has been edited by kurt: May 23 2008, 11:10 AM |
|
|
May 23 2008, 11:09 AM
|
|
Senior Member
566 posts Joined: Mar 2008
|
hmm... many small retail buying for Genting, 165 continous buying so far...
temptations.... |
|
|
May 23 2008, 11:10 AM
|
|
Junior Member
194 posts Joined: Apr 2007
|
Genting is at 5.95/ 6.00 now. is dropping
|
|
|
May 23 2008, 11:19 AM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(kurt @ May 23 2008, 11:08 AM) Final dividend in respect of the financial year ended 31 December 2007 of 0.72sen per share less income tax of 26% Because no big deal mah,.72 sen is only RM7.20 per 1000 shares.After tax it work out to be Rm5.328 per 1000 shares!!Shares Transfer Before Date : 29/05/2008 PRICE NOW : 0.745 Why no one grabbing the shares? advise advice, pls?» Click to show Spoiler - click again to hide... « |
|
|
 May 23 2008, 11:24 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
QUOTE(lklatmy @ May 23 2008, 11:19 AM) Because no big deal mah,.72 sen is only RM7.20 per 1000 shares.After tax it work out to be Rm5.328 per 1000 shares!! Oh.. really ar? Tot RM0.72 per share means if you got 1000 shares means 0.72 * 1000 = RM720 after tax RM532.80...  |
|
|
May 23 2008, 11:31 AM
|
|
Junior Member
627 posts Joined: Jan 2003
|
QUOTE(kurt @ May 23 2008, 11:24 AM) Oh.. really ar? Tot RM0.72 per share means if you got 1000 shares means 0.72 * 1000 = RM720 after tax RM532.80... 0.72sen = RM0.0072...............  not RM 0.72  |
|
|
May 23 2008, 11:39 AM
|
Senior Member
607 posts Joined: Mar 2008
|
Looks like Genting already koyak; leaking non stop. I thought 6.20 was damn cheap
 My monkey@money stuck so high up in the tree  If Uncle Lim still alive, this thing wont happen. Jr Lim can't stop the bleeding This post has been edited by dsugums: May 23 2008, 11:39 AM |
|
|
May 23 2008, 12:26 PM
|
|
Senior Member
2,013 posts Joined: Aug 2007 From: USJ
|
QUOTE(dsugums @ May 23 2008, 11:39 AM) Looks like Genting already koyak; leaking non stop. I thought 6.20 was damn cheap Oh man, still leaking. I bought even higher price than you lar, hold since last year. Looks like I should start averaging, but where is the bottom? My monkey@money stuck so high up in the tree If Uncle Lim still alive, this thing wont happen. Jr Lim can't stop the bleeding  |
|
|
May 23 2008, 12:40 PM
|
Junior Member
353 posts Joined: Oct 2006
|
Damn tis Engtex, i sold at 0.935. It go n rise till 1.01.
|
|
|
May 23 2008, 01:07 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
QUOTE(speedguy10 @ May 23 2008, 10:01 AM) I think the "Pin this topic" option only available for Moderators. If not most of the topic will be pinned wah..u dare to ejek our ex-staff aka current VIP here ohQUOTE(jvcpcv55 @ May 23 2008, 11:31 AM) 0.72sen = RM0.0072............... not RM 0.72  |
|
|
May 23 2008, 01:14 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(sinclairZX81 @ May 23 2008, 12:26 PM) Oh man, still leaking. I bought even higher price than you lar, hold since last year. Looks like I should start averaging, but where is the bottom? First thought the bottom is 6.20; then 6.15, 6.10, 6.05, 6.00, 5.95........ hope does not end up like Airasia |
|
|
May 23 2008, 01:19 PM
|
Senior Member
547 posts Joined: Mar 2007 From: K L
|
QUOTE(dsugums @ May 23 2008, 02:14 PM) First thought the bottom is 6.20; then 6.15, 6.10, 6.05, 6.00, 5.95........ hope does not end up like Airasia ya... hope it will start rebounding. |
|
|
May 23 2008, 01:31 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(barcode @ May 23 2008, 01:19 PM) ya... hope it will start rebounding. Not anytime soon. Sell que is overwhelming. I wont be surprise if it goes down some more. It is already trading at 52 weeks low now at RM6.00   |
|
|
May 23 2008, 01:44 PM
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(dsugums @ May 23 2008, 01:14 PM) First thought the bottom is 6.20; then 6.15, 6.10, 6.05, 6.00, 5.95........ hope does not end up like Airasia For this kind of counter, don't expect to shoot overnight one. It takes times before it rebounding strongly (typically when future doubt it clear up).Market does concern about its massive expansion programme. If Genting wants to take Resorts private then it might not a good news for its short term share price as it involved large sum of money in stake which inevitably put more pressure on its stock price which it needs to raise more debt after 5 billions on newly Singapore Casino, several hundred millions in UK casinos. Resorts has 5 billions+ outstanding shares, so to take it private at current 3.+ price, it needs 15-20 billion, minus the stake Genting have currently, Genting needs at least around 10 billions in cash to make it. |
|
|
May 23 2008, 01:48 PM
|
Senior Member
4,897 posts Joined: Aug 2005
|
QUOTE(SImPle PLan @ May 23 2008, 12:40 PM) Damn tis Engtex, i sold at 0.935. It go n rise till 1.01. got any news?my friend say can buy |
|
|
May 23 2008, 02:04 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
good price for genting is at 5.8 i believe thats the real support level
|
|
|
May 23 2008, 02:04 PM
|
|
Senior Member
2,932 posts Joined: Sep 2007
|
QUOTE(feralee @ May 23 2008, 01:48 PM) got any news? Seems to be some resistance around 1.00 according to the charts. Probably going to stay there unless there is some news?my friend say can buy Added on May 23, 2008, 2:06 pm QUOTE(Mikiyo @ May 23 2008, 02:04 PM) good price for genting is at 5.8 i believe thats the real support level Is that conclusion from FA or TA?This post has been edited by howszat: May 23 2008, 02:06 PM |
|
|
May 23 2008, 02:14 PM
|
Senior Member
1,523 posts Joined: Dec 2007 From: Puchong...
|
any new for 2nd board Kosmo?fall so much to 0.055 now... |
|
|
May 23 2008, 02:41 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(howszat @ May 23 2008, 02:04 PM) Seems to be some resistance around 1.00 according to the charts. Probably going to stay there unless there is some news? Its from my point of view...cause at a certain point, the company would have to support its share prices. One of the reason is the loan that they have taken from the banks. If the bank loses its confidence on the shares, they would pressure the company on its loan.Added on May 23, 2008, 2:06 pm Is that conclusion from FA or TA? This post has been edited by Mikiyo: May 23 2008, 02:41 PM |
|
|
May 23 2008, 02:41 PM
|
|
Senior Member
2,013 posts Joined: Aug 2007 From: USJ
|
QUOTE(jvcpcv55 @ May 23 2008, 11:31 AM) 0.72sen = RM0.0072............... Aiks not RM 0.72 lucky I check first, thought it is RM0.72, rupanya RM0.0072. |
|
|
May 23 2008, 03:17 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Technical wise, ENGTEX is overbought. I'll wait for it to retrace before trading it
|
|
|
May 23 2008, 03:35 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(feralee @ May 23 2008, 01:48 PM) got any news? In V12 pages 90-100, someone post that the directors are the one who goreng..my friend say can buy |
|
|
May 23 2008, 05:22 PM
|
|
Junior Member
353 posts Joined: Oct 2006
|
QUOTE(zamans98 @ May 23 2008, 03:35 PM) In V12 pages 90-100, someone post that the directors are the one who goreng.. Arghh.. here is my story. I bought Engtex last year at Nov, price at 0.74. It dropped til 0.50. Until recently tis 2months shot up to rm1 and i jz sold it at 0.935. Haizz... now rm1. Wtf. I read abt the analysis of engtex. TA said even tho engtex is in overbought zone its momentum is so strong so they recommend to buy. Engtex quarter report jz came out. Net profit six fold up but i don think tat is the main reason behind the rising of price. _________________________________________ Got 1 question to ask about three-a resources bhd which is a mesday company tat is goin to b transferred to main board next month. Title:Changes in Director's Interest Name : Fang Chew Ham(He is the director of Three-A resources bhd) Address : No. 1, Jalan Lang Tompok, Taman Sri Bintang, 52100 Kuala Lumpur Descriptions (Class & nominal value) : Ordinary shares of RM0.20 each Details of changes Type of transaction Date of change No of securities Price Transacted (RM) Transferred 16/05/2008 57,780,000 Circumstances by reason of which change has occurred : Transferred of shares to Fang Chew Ham Holdings Sdn. Bhd. whereby he is the director and shareholder of the company Nature of interest : Direct Direct (units) : 0 Direct (%) : 0 Indirect/deemed interest (units) : 85,841,625 Indirect/deemed interest (%) : 44.49 Total no of securities after change : 85,841,625 Wat it means? This post has been edited by SImPle PLan: May 23 2008, 05:35 PM |
|
|
May 23 2008, 05:57 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(feralee @ May 23 2008, 01:48 PM) got any news? Engtex Group Bhd (5056.KU) - Malaysia my friend say can buy 1st quarter ended Mar. 31: Figures are in Ringgit (MYR). 2008 2007 Revenue 191,581,000 123,881,000 Pretax Profit 15,219,000 4,053,000 Net Profit 11,558,000 2,672,000 Earnings Per Share 5.97 Sen 1.52 Sen Dividend Omitted Omitted Almost 500% increase in profit  This post has been edited by dsugums: May 23 2008, 05:58 PM |
|
|
May 23 2008, 05:59 PM
|
|
Senior Member
1,828 posts Joined: Sep 2004
|
Hi everyone, how is ur view on 3395 BJCORP ?
Just noticed this in Thestaronline: Vincent Tan among richest in Malaysia |
|
|
May 23 2008, 07:29 PM
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU) 
|
Just read a book bout short selling. Kinda excited to try it out ..... Anyone know how to apply for the short selling ? Have to phone them up ?
|
|
|
May 23 2008, 11:55 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
i wasnt at home...i put my HWGB queue sell at 0.325 bought at 0.31 |
|
|
May 24 2008, 01:11 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(hanif444 @ May 23 2008, 02:14 PM) any new for 2nd board Kosmo?fall so much to 0.055 now... hmm, PN17? Will become 2-3cts stock soon. If you want to test, can buy 250 lots say @ 0.035, then sell at 0.045 when market is healthy or syndicate is playing.. Can make bout RM300, good eh? |
|
|
May 24 2008, 08:31 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(chen9wei @ May 23 2008, 07:29 PM) Just read a book bout short selling. Kinda excited to try it out ..... Anyone know how to apply for the short selling ? Have to phone them up ? KLSE doesn't allow short-selling, only regulated short-selling is allowed which on certain designated stock only.You need to arrange with investment house to borrow the shares in order to sell. It is a tedious process, even fund managers don't show interest to do it. Do you think investment house want to borrow a few then to hundred thousand of shares to you for you to short-sell? Short-sell only work in mature and developed market like US. Added on May 24, 2008, 8:34 am QUOTE(zamans98 @ May 24 2008, 01:11 AM) hmm, PN17? If company delisted, then all money gone. That's the risk of those PN17 counter.Will become 2-3cts stock soon. If you want to test, can buy 250 lots say @ 0.035, then sell at 0.045 when market is healthy or syndicate is playing.. Can make bout RM300, good eh? I find amuse and hard to understand sometimes, why so many people like those PN17 company? Treat it as a gambling like 4D may be? Sorry, no offence. Don't mean it won't make money, just the risk involved is pretty high, to me, it is more like gambling already. This post has been edited by cherroy: May 24 2008, 08:35 AM |
|
|
May 24 2008, 09:58 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
different ppl have different risk appetite, perhaps
i treat PN17 company like a dieseased company, wont look at it either. |
|
|
May 24 2008, 11:44 AM
|
Senior Member
2,216 posts Joined: Jan 2003 From: Ipoh/Penang/PJ/Melaka
|
I dont see KLSE is an investment place lor.. When you say investment is mean long term. However today you see ppl buy sell the share within T+3 period. Dont you see it like gambling?
|
|
|
May 24 2008, 12:12 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
thats me ^^ a gambler
|
|
|
May 24 2008, 12:19 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(Brotherjoe @ May 24 2008, 11:44 AM) I dont see KLSE is an investment place lor.. When you say investment is mean long term. However today you see ppl buy sell the share within T+3 period. Dont you see it like gambling? well said.T+3 can be played occasionally (but not everyday), basically is more like betting on luck. |
|
|
May 24 2008, 02:17 PM
|
|
Senior Member
1,523 posts Joined: Dec 2007 From: Puchong...
|
dow jones red... |
|
|
May 24 2008, 02:44 PM
|
|
Senior Member
2,216 posts Joined: Jan 2003 From: Ipoh/Penang/PJ/Melaka
|
QUOTE(hanif444 @ May 24 2008, 02:17 PM) dow jones red... Good good.. means monday will be green for KLSE Since the past few weeks the KLSE trend is going opposite direction of dow Jones. |
|
|
May 24 2008, 08:01 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
QUOTE(Brotherjoe @ May 24 2008, 02:44 PM) Good good.. means monday will be green for KLSE lol .... isn't klse always like that . Anyone can explain this trend ? Since the past few weeks the KLSE trend is going opposite direction of dow Jones. Added on May 24, 2008, 8:03 pmoh ya, y not open a new thread to share only Insiders news ? We can form a new force to pull up the price.... This post has been edited by chen9wei: May 24 2008, 08:03 PM |
|
|
May 25 2008, 12:11 AM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(Brotherjoe @ May 24 2008, 02:44 PM) Good good.. means monday will be green for KLSE The reason being is that when Dow is red, the funds are invested in Malaysia instead Since the past few weeks the KLSE trend is going opposite direction of dow Jones.  |
|
|
May 25 2008, 12:17 AM
|
Senior Member
2,656 posts Joined: Nov 2004
|
QUOTE(dsugums @ May 25 2008, 12:11 AM) The reason being is that when Dow is red, the funds are invested in Malaysia instead lol, then klse would be reaching another new height.It's not quite possible anyway... Malaysia market is like a tiny sand....  |
|
|
May 25 2008, 02:15 AM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(panasonic88 @ May 24 2008, 09:58 AM) different ppl have different risk appetite, perhaps In most cases,yes,I agree that 99 % of those companies classified as PN17/GN3 are companies under financial distress and chances of delisting is high.i treat PN17 company like a dieseased company, wont look at it either. But,there are exceptions,some companies that have sold off their core business and are now without any core business are also given the same classifications under PN17/GN3.These companies may have lots of cash horde and can either return the excess cash to the shareholders or,use the cash to venture into other undertakings . This type of companies are rare but they have the potential to pay high dividend/capital repayment.There is also possibility of being a takeover target,or there may be injection of new business. One should not treat these companies as same league with the rest.It may be worthwhile to dig deeper into the cause of the classification and who knows,you may be rewarded accordingly. |
|
|
May 25 2008, 10:08 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(lklatmy @ May 25 2008, 02:15 AM) In most cases,yes,I agree that 99 % of those companies classified as PN17/GN3 are companies under financial distress and chances of delisting is high. If these companies were to give high dividends to its share holders, dont u think the share would drop more? They dont have a core business to support its share prices already right?But,there are exceptions,some companies that have sold off their core business and are now without any core business are also given the same classifications under PN17/GN3.These companies may have lots of cash horde and can either return the excess cash to the shareholders or,use the cash to venture into other undertakings . This type of companies are rare but they have the potential to pay high dividend/capital repayment.There is also possibility of being a takeover target,or there may be injection of new business. One should not treat these companies as same league with the rest.It may be worthwhile to dig deeper into the cause of the classification and who knows,you may be rewarded accordingly. |
|
|
May 25 2008, 10:26 AM
|
Junior Member
97 posts Joined: Apr 2007
|
QUOTE(Mikiyo @ May 25 2008, 10:08 AM) If these companies were to give high dividends to its share holders, dont u think the share would drop more? They dont have a core business to support its share prices already right? any1 know wat happen to jaks? keep dropping since last week..... |
|
|
May 25 2008, 01:39 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
genting 5.95 lo... i wait at 5.00
|
|
|
May 25 2008, 02:09 PM
|
|
Senior Member
2,216 posts Joined: Jan 2003 From: Ipoh/Penang/PJ/Melaka
|
QUOTE(aretla @ May 25 2008, 01:39 PM) genting 5.95 lo... i wait at 5.00 It might goes beyond the 5.00 mark.. |
|
|
May 25 2008, 04:02 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
QUOTE(Brotherjoe @ May 25 2008, 02:09 PM) It might goes beyond the 5.00 mark.. is that possible ? genting is strong counter ler..... maybe will if anuar announce to become pm |
|
|
May 25 2008, 06:35 PM
|
|
Junior Member
89 posts Joined: May 2007
|
can some1 tell me how a individual foreigner investor invest in india stock market -Bombay Stock Exchange ??
i can't find a broker that provide services to buy India's stock.... |
|
|
May 25 2008, 08:50 PM
|
|
Senior Member
547 posts Joined: Mar 2007 From: K L
|
QUOTE(aretla @ May 25 2008, 02:39 PM) genting 5.95 lo... i wait at 5.00 Personally, I don't think that it will drop until 5.00. |
|
|
May 25 2008, 10:00 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(aretla @ May 25 2008, 01:39 PM) genting 5.95 lo... i wait at 5.00 If genting ever drops to 5 dollar....ill sell my life..and buy 1000 lots ^^ |
|
|
May 25 2008, 10:16 PM
|
|
Senior Member
2,656 posts Joined: Nov 2004
|
QUOTE(chin20350 @ May 25 2008, 06:35 PM) can some1 tell me how a individual foreigner investor invest in india stock market -Bombay Stock Exchange ?? You have to deal with broker in India. ATM I've never seen any local brokerage agent deal with india stock market.. Maybe you can try to ask our local brokerage agent. i can't find a broker that provide services to buy India's stock.... Local Brokerage agent deals with: Hong Kong index Shanghai index US Stock market Singapore stock market only as far as i know... This post has been edited by keith_hjinhoh: May 25 2008, 10:16 PM |
|
|
May 25 2008, 10:24 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(Mikiyo @ May 25 2008, 10:08 AM) If these companies were to give high dividends to its share holders, dont u think the share would drop more? They dont have a core business to support its share prices already right? Yes,the market price adjust after the ex date.But that''s a different issue.My main contention is that there are also companies with sound financial health classified as PN17/GN3. |
|
|
May 25 2008, 10:52 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(lklatmy @ May 25 2008, 10:24 PM) Yes,the market price adjust after the ex date.But that''s a different issue. i see...can u give me some e.g? i want to goreng tmr ^^My main contention is that there are also companies with sound financial health classified as PN17/GN3. |
|
|
May 25 2008, 11:38 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(lklatmy @ May 25 2008, 10:24 PM) Yes,the market price adjust after the ex date.But that''s a different issue. Just to more specific.My main contention is that there are also companies with sound financial health classified as PN17/GN3. PN17 company is not as same as GN3 company, although both potential being delisted due to violation of listing requirement. PN17 - is towards ailing company which either in negative shareholder fund, or some financial distress or violation of rules due to financial situation. GN3 - is towards to violation of listing rules because of having no business or core business. Both are not in the same category. |
|
|
May 25 2008, 11:47 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(cherroy @ May 25 2008, 11:38 PM) Just to more specific. cherroy..do u know any websites that shows the list of GN3 and PN17 counters?PN17 company is not as same as GN3 company, although both potential being delisted due to violation of listing requirement. PN17 - is towards ailing company which either in negative shareholder fund, or some financial distress or violation of rules due to financial situation. GN3 - is towards to violation of listing rules because of having no business or core business. Both are not in the same category. |
|
|
May 25 2008, 11:59 PM
|
|
Senior Member
2,216 posts Joined: Jan 2003 From: Ipoh/Penang/PJ/Melaka
|
QUOTE(Mikiyo @ May 25 2008, 11:47 PM) cherroy..do u know any websites that shows the list of GN3 and PN17 counters? here you arefor PN17 http://www.klse.com.my/website/bm/listed_c..._companies.html APL Industries Berhad CNLT ( Far East ) Berhad Ekran Bhd Foremost Holdings Bhd Gold Bridge Engineering & Construction Berhad Halifax Capital Berhad (formerly known as Setron (Malaysia) Berhad) Harvest Court Industries Bhd Idaman Unggul Berhad Kosmo Technology Industrial Berhad Liqua Health Corporation Berhad Luster Industries Bhd Mangium Industries Bhd Merge Energy Berhad OCI Berhad PECD Berhad Pilecon Engineering Berhad Putera Capital Bhd Satang Holdings Berhad Seloga Holdings Berhad Sunway Infrastructure Berhad Syarikat Kayu Wangi Bhd Talam Corporation Berhad Techventure Berhad Tenggara Oil Bhd Time Engineering Berhad Triplc Bhd UBG Berhad (formerly Utama Banking Group Berhad) Wonderful Wire & Cable Berhad WWE Holdings Berhad newly join PN17 ARK Resources Bhd (formerly known as Lankhorst Berhad) Lityan Holdings Bhd Pan Malaysian Industries Bhd GN3 http://www.klse.com.my/website/bm/listed_c..._companies.html eB CAPITAL BHD MEMS Technology Berhad NasionCom Holdings Berhad Tamco Corporate Holdings Berhad Wimems Corporation Berhad |
|
|
May 26 2008, 08:19 AM
|
|
All Stars
52,874 posts Joined: Jan 2003
|
KLCIs gradual downward trend likely to continue this week
MAIN BOARD THE Kuala Lumpur Composite Index (KLCI) corrected sharply after a long awaited technical correction and finally closed the week near the tail end of its weeks trading range. Profit taking on most of the blue-chip stocks prevented the index establishing fresh rally highs. The KLCI traded above 1,300 points briefly in early trading and then reversed direction from its weeks high of 1,301.94 points to 1,273.44 points. It ended the week moderately lower at 1,274.78 points, down 25.89 points or 1.99% from the previous week. Most of the main index-linked stocks returned all their earlier gains and settled Friday in the minus zone. Sime Darby, IOI Corp, Maybank, MISC, Bumiputra-Commerce, Tenaga Nasional, Genting, Plus Expressways and PPB Group all closed with minor losses and caused the index to lose a combined 13.60 points. Public Bank, KL Kepong and Digi.Com settled in the plus territory and added a combined 3.98 points to the KLCI. Total volume for the four-day trading week dipped to 809.03 million shares from 865.06 million shares the week before. Daily average volume for the week rose to 202.25 million shares from 173.0 million shares previously. The daily candlestick chart finished the week neutral to slightly negative and suggested that the market would remain in gradual downward trend this week. A negative long upper shadow candle occurred on Friday. This is typically a bearish signal, particularly when it is formed near a rally high or resistance level. The KLCI established a technical double top early last week, and the failure to generate fresh upward momentum suggests that the underlying strength of the index is not solid. Vital neckline support of the double-top formation now stands at 1,275.00-1,270.00 points. A breach of this important technical chart support this week would signal the start of a downward cycle. Minor chart support for the coming sessions is pegged at the 1,250.00-1,245.00 points, and this level is likely to be re-visited in the event of a strong downward correction. Chart resistance for the immediate term is adjusted lower to 1,280.00-1,290.00 points. All the daily technical indicators finished Friday negative and suggested that the index would head south in a gradual fashion. The daily stochastic triggered the sell signal on May 20 and stayed bearish for the immediate term. The oscillators per cent K and D settled the week sharply lower at 9.22% and 18.83% respectively. The daily Money Flow Index (MFI) ended sharply lower at 36.04 points and showed that light distribution occurred last week. The main trend tracker, the 3- and 7-week exponentially smoothed moving average price lines (ESA lines), ended in bearish convergence and signalled that the main trend was turning negative. The short-term trend tracker, the 3- and 7-day ESA lines, finished in bearish divergence and indicated that the immediate-term trend was currently in a bearish phase. The 5-day Relative Strength Index (RSI) turned south last week and closed lower at 31.07 points. Analysis of the daily RSI indicated that the indexs immediate underlying strength was weak. URL: http://biz.thestar.com.my/news/story.asp?f...42&sec=business |
|
|
May 26 2008, 08:52 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
thx a lot brotherjoe ^^
Added on May 26, 2008, 9:06 ammarket red!! This post has been edited by Mikiyo: May 26 2008, 09:06 AM |
|
|
May 26 2008, 09:12 AM
|
|
Senior Member
543 posts Joined: Feb 2006
|
QUOTE Company Name : KNM GROUP BHD Stock Name/Code : KNM - 7164 Disseminated Datetime : 16-05-2008 16:53:46 Headline : KNM - NOTICE OF RIGHTS ENTITLEMENT LISTING'S CIRCULAR NO. L/Q : 49882 OF 2008 Renounceable rights issue of up to 267,807,215 new ordinary shares of RM0.25 each held in KNM (Rights Shares) at an issue price of RM4.00 per Rights Share on the basis of one (1) Rights Share for every four (4) existing ordinary shares of RM0.25 held in KNM. Kindly be advised of the following : 1) The Rights commence of trading : [ 3 June 2008 ] 2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : [ 3 June 2008 ] 3) The last day and time for Acceptance, Renunciation and Payment : [ 17 June 2008 @ 5:00pm ] 4) The Rights cease quotation : [ 10 June 2008 ] The Stock Short Name, Number and ISIN Code [ KNM-OR, 7164OR and MYL7164OR009 ] respectively MANAGER, SEC. MARKET could anyone explain what this is..? got it from apexetrade news.. well, i am new in share, wish to confirm is it worth to get into KNM share.,. |
|
|
May 26 2008, 09:18 AM
|
|
Senior Member
547 posts Joined: Mar 2007 From: K L
|
QUOTE(Mikiyo @ May 26 2008, 09:52 AM) thx a lot brotherjoe ^^ expected it to fall. Hopefully not that terrible. Added on May 26, 2008, 9:06 ammarket red!! |
|
|
May 26 2008, 09:20 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
Morning guys,
Many are collecting this morning, I expect market will up this afternoon. |
|
|
May 26 2008, 09:20 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(barcode @ May 26 2008, 09:18 AM) expected it to fall. Hopefully not that terrible. read it in the newspaper right? ^^...luckily i sold off all my shares last friday.. |
|
|
May 26 2008, 09:21 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
Guys, my friend told me that TIME is making money (profit)?
Can't find any news announced in Bursa website |
|
|
May 26 2008, 09:23 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
stock market also monday blue
|
|
|
May 26 2008, 09:24 AM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(cherroy @ May 25 2008, 11:38 PM) Just to more specific. Sorry,I must beg to differ.PN17 company is not as same as GN3 company, although both potential being delisted due to violation of listing requirement. PN17 - is towards ailing company which either in negative shareholder fund, or some financial distress or violation of rules due to financial situation. GN3 - is towards to violation of listing rules because of having no business or core business. Both are not in the same category. As far as I am aware,the two rules are SUBSTANTIALLY similar ,the difference being that PN17 applies to main and second board,whereas GN3 applies to Mesdaq counters. Please feel free to point out if I'm wrong. |
|
|
May 26 2008, 09:27 AM
|
|
Senior Member
543 posts Joined: Feb 2006
|
QUOTE(panasonic88 @ May 26 2008, 09:23 AM) stock market also monday blue sifu pana could please help me...  |
|
|
May 26 2008, 09:28 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
Sarawak Plantation (5135) back to year high, achieved in Jan 2008.
Bull run since mid march. |
|
|
May 26 2008, 09:32 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(zamans98 @ May 26 2008, 09:28 AM) Sarawak Plantation (5135) back to year high, achieved in Jan 2008. oops...mistakeBull run since mid march. This post has been edited by Mikiyo: May 26 2008, 09:34 AM |
|
|
May 26 2008, 09:33 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(WoodStock @ May 26 2008, 09:27 AM) sifu pana could please help me... err sorry, not so clear on right issues, you may give some work to our remisier, lklatmy, today should be a free-day |
|
|
May 26 2008, 09:34 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 26 2008, 09:33 AM) err sorry, not so clear on right issues, you may give some work to our remisier, lklatmy, today should be a free-day pana today u goreng what share? i want to follow oso ^^ |
|
|
May 26 2008, 09:35 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
QUOTE(zamans98 @ May 26 2008, 09:28 AM) Sarawak Plantation (5135) back to year high, achieved in Jan 2008. Wah, good good. Still targeting for RM4.50? Bull run since mid march. |
|
|
May 26 2008, 09:36 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(Mikiyo @ May 26 2008, 09:32 AM) is buying the warrant a good move then? I'm against warrant, for sure. Sarawak based companies, with good government support. 1. Sarawak (Power) 2. Sarawak Plantation (Palm oil operations) 3. Naim Cendera (Properties mainly. Heard is going into oil & gas) 4. Sarawak Oil Palm (SOP) Added on May 26, 2008, 9:37 am QUOTE(kurt @ May 26 2008, 09:35 AM) Wah, good good. Still targeting for RM4.50? yeah, why not? as long as crude oil stay above $125This post has been edited by zamans98: May 26 2008, 09:37 AM |
|
|
May 26 2008, 09:40 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
hmmm...YTLPOWER, looks like people are selling off quickly.
But, someone keep buying it. Syndicate arr? |
|
|
May 26 2008, 09:42 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
guys, need some help. Where can I check, over the internet, announcement date for KLSE listed companies?
Err, some sort of earning announcement calender. |
|
|
May 26 2008, 09:42 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(Mikiyo @ May 26 2008, 09:34 AM) pana today u goreng what share? i want to follow oso ^^ today fry oyster with extra chillies, wan some |
|
|
May 26 2008, 09:48 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
QUOTE(zamans98 @ May 26 2008, 09:42 AM) guys, need some help. Where can I check, over the internet, announcement date for KLSE listed companies? KLSE AnnouncementErr, some sort of earning announcement calender. |
|
|
May 26 2008, 09:52 AM
|
Junior Member
167 posts Joined: Nov 2004 From: Klang Valley
|
QUOTE(zamans98 @ May 26 2008, 09:21 AM) Guys, my friend told me that TIME is making money (profit)? Click and scroll downCan't find any news announced in Bursa website |
|
|
May 26 2008, 10:21 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
|
|
|
May 26 2008, 10:27 AM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
Esso is paying out 12 sen for each share , how come no one interested in buying this counter ?
Added on May 26, 2008, 10:28 amex-date = 29/05 This post has been edited by chen9wei: May 26 2008, 10:28 AM |
|
|
May 26 2008, 10:31 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
ESSO slow counter, like SHELL. Boring counters.
Why not Manulfe? Cheap, about 3.xx . its 18c. Special Div 10c Ex Date today. This post has been edited by zamans98: May 26 2008, 10:35 AM |
|
|
May 26 2008, 10:32 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(chen9wei @ May 26 2008, 10:27 AM) Esso is paying out 12 sen for each share , how come no one interested in buying this counter ? Because its financial result is like yo-yo. One year make big profit, one year make significant loss, so people find no clue to judge its future unless it turns to be more steady result which currently showing some.Added on May 26, 2008, 10:28 amex-date = 29/05 It was a Rm5-7 counter back long time ago. Shell is more attractive compared to Esso, just my opinion (personally got Shell shares so please bare with me, if it sounds bias) This post has been edited by cherroy: May 26 2008, 10:34 AM |
|
|
May 26 2008, 10:48 AM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
QUOTE(zamans98 @ May 26 2008, 10:31 AM) ESSO slow counter, like SHELL. Boring counters. hmm, lets say, i buy 10 lots today, when can i sell it if i just want to take the dividen ?Why not Manulfe? Cheap, about 3.xx . its 18c. Special Div 10c Ex Date today. Quite scare also, today is exdate and only 1 transaction been done. QUOTE(cherroy @ May 26 2008, 10:32 AM) Because its financial result is like yo-yo. One year make big profit, one year make significant loss, so people find no clue to judge its future unless it turns to be more steady result which currently showing some. hmmm.... esso main company is baed in europe right ?It was a Rm5-7 counter back long time ago. Shell is more attractive compared to Esso, just my opinion (personally got Shell shares so please bare with me, if it sounds bias) |
|
|
May 26 2008, 10:50 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(chen9wei @ May 26 2008, 10:48 AM) hmm, lets say, i buy 10 lots today, when can i sell it if i just want to take the dividen ? Sorry, I'm not good at DIVIDEN and related info.Quite scare also, today is exdate and only 1 transaction been done. hmmm.... esso main company is baed in europe right ? ESSO is USA based company, SHELL is EURO based company |
|
|
May 26 2008, 10:54 AM
|
|
Junior Member
167 posts Joined: Nov 2004 From: Klang Valley
|
QUOTE(zamans98 @ May 26 2008, 10:21 AM) I want future announcement calender. There're no fixed dates for future announcements, just use past announcements for an estimate of the next quarterly/yearly report. |
|
|
May 26 2008, 10:55 AM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(panasonic88 @ May 26 2008, 09:33 AM) err sorry, not so clear on right issues, you may give some work to our remisier, lklatmy, today should be a free-day KNM Rights issue at a price of RM4, Ratio 1 for four, Rights will be traded from 3/06/08 to 10/06/08. Closing date for subscription 17/06/08, |
|
|
May 26 2008, 11:06 AM
|
|
Senior Member
543 posts Joined: Feb 2006
|
QUOTE(lklatmy @ May 26 2008, 10:55 AM) KNM Rights issue at a price of RM4, Ratio 1 for four, Rights will be traded from 3/06/08 to 10/06/08. Closing date for subscription 17/06/08, i could buy a new one at RM4 before 17/6/08?? sorry i am still very new in this... |
|
|
May 26 2008, 11:06 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(chen9wei @ May 26 2008, 10:48 AM) hmm, lets say, i buy 10 lots today, when can i sell it if i just want to take the dividen ? Quite scare also, today is exdate and only 1 transaction been done. hmmm.... esso main company is baed in europe right ? QUOTE(zamans98 @ May 26 2008, 10:50 AM) Sorry, I'm not good at DIVIDEN and related info. Wrong and wrong.ESSO is USA based company, SHELL is EURO based company Esso and Shell listed in KLSE has nothing to do with its parent company. Just the parent company holds the controlling stake in them. Business wise, their business is Malaysia based and incorporated in Malaysia and has nothing to do with their parent company. They both are refining company. |
|
|
May 26 2008, 11:17 AM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
QUOTE(cherroy @ May 26 2008, 11:06 AM) Wrong and wrong. lol.... so, is there any impact when the oil price surge above 130 ? or just remain the same cause government use to subsidise the oil ?Esso and Shell listed in KLSE has nothing to do with its parent company. Just the parent company holds the controlling stake in them. Business wise, their business is Malaysia based and incorporated in Malaysia and has nothing to do with their parent company. They both are refining company. |
|
|
May 26 2008, 11:28 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(cherroy @ May 26 2008, 11:06 AM) Wrong and wrong. No, I'm not wrong. I'm talking about the parent companies. Umm, maybe you got the wrong perception on the discussion on Ex Date and Dividen, no?Esso and Shell listed in KLSE has nothing to do with its parent company. Just the parent company holds the controlling stake in them. Business wise, their business is Malaysia based and incorporated in Malaysia and has nothing to do with their parent company. They both are refining company. Shell listed in KLSE is only on Shell Refinery (in Port Dickson), not exploration & production, as in EURO Same goes with ESSO. |
|
|
May 26 2008, 11:29 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
mr
GENTING 5.95, mau tak? |
|
|
May 26 2008, 11:56 AM
|
Senior Member
1,050 posts Joined: Mar 2008 From: Selangor
|
wished i had more funds to pick up gems like genting and astro now..well astro need to wait abit more..
|
|
|
May 26 2008, 11:56 AM
|
|
Junior Member
48 posts Joined: Jan 2005 From: KL
|
QUOTE(lklatmy @ May 26 2008, 10:55 AM) KNM Rights issue at a price of RM4, Ratio 1 for four, Rights will be traded from 3/06/08 to 10/06/08. Closing date for subscription 17/06/08, LISTING'S CIRCULAR NO. L/Q : 49882 OF 2008 Renounceable rights issue of up to 267,807,215 new ordinary shares of RM0.25 each held in KNM (Rights Shares) at an issue price of RM4.00 per Rights Share on the basis of one (1) Rights Share for every four (4) existing ordinary shares of RM0.25 held in KNM. Kindly be advised of the following : 1) The Rights commence of trading : [ 3 June 2008 ] 2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : [ 3 June 2008 ] 3) The last day and time for Acceptance, Renunciation and Payment : [ 17 June 2008 @ 5:00pm ] 4) The Rights cease quotation : [ 10 June 2008 ] |
|
|
May 26 2008, 11:57 AM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(WoodStock @ May 26 2008, 11:06 AM) which mean if i own 4 lot of KNM Yes.i could buy a new one at RM4 before 17/6/08?? sorry i am still very new in this... You can also sell off your subscription rights if you wished. |
|
|
May 26 2008, 01:57 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
QUOTE(panasonic88 @ May 26 2008, 11:29 AM) mr i also dont wan.. i dont think he wan... GENTING 5.95, mau tak? |
|
|
May 26 2008, 02:20 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
Genting & Resorts like Genting Theme Park games.. LOL
|
|
|
May 26 2008, 02:25 PM
|
Senior Member
604 posts Joined: Jun 2007 From: JB, Singapore, Kuala Lumpur, Ipoh
|
can buy Maybank today? chart looks pretty flat...
|
|
|
May 26 2008, 02:35 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 26 2008, 09:42 AM) today fry oyster with extra chillies, wan some Haha....just got back from uni..market seem to be pretty quiet today huh?Added on May 26, 2008, 2:36 pmDoes anyone know what happened to MRCB? This post has been edited by Mikiyo: May 26 2008, 02:36 PM |
|
|
May 26 2008, 02:38 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(zamans98 @ May 26 2008, 11:28 AM) No, I'm not wrong. I'm talking about the parent companies. Umm, maybe you got the wrong perception on the discussion on Ex Date and Dividen, no? Ok, may be mis-undertanding a bit, just to avoid people has wrong perception that buying Shell or Esso in KLSE similar to buying Royal Dutch Shell, its parent company. Same does Esso, parent company is ExxonMobil.Shell listed in KLSE is only on Shell Refinery (in Port Dickson), not exploration & production, as in EURO Same goes with ESSO. They have nothing to do with their parent company business except the contolling stake they owned. |
|
|
May 26 2008, 02:39 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(Mikiyo @ May 26 2008, 02:35 PM) Haha....just got back from uni..market seem to be pretty quiet today huh? Tonight US market closed as well. Added on May 26, 2008, 2:36 pmDoes anyone know what happened to MRCB? We have low volume for the last few months already. From last year around 1 billions average to now around 300-400 millions. |
|
|
May 26 2008, 02:42 PM
|
Senior Member
2,181 posts Joined: Oct 2007
|
QUOTE(cherroy @ May 26 2008, 02:38 PM) Ok, may be mis-undertanding a bit, just to avoid people has wrong perception that buying Shell or Esso in KLSE similar to buying Royal Dutch Shell, its parent company. Same does Esso, parent company is ExxonMobil. i think Cherroy have explained few times previously....the time v talked about div. counters where Cherroy likes to isi minyak using Shell (just kidding) They have nothing to do with their parent company business except the contolling stake they owned. So....in short, Shell n Esso...look at their performance locally instead of wat their parent company performed globally.... |
|
|
May 26 2008, 02:43 PM
|
Senior Member
761 posts Joined: Sep 2006 From: Malaysia Island
|
i still remember the gud times (last yr
). 4billion easy |
|
|
May 26 2008, 02:43 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(cherroy @ May 26 2008, 02:39 PM) Tonight US market closed as well. Low volume cannot push market beyond 1300, let alone 1500 by year end.We have low volume for the last few months already. From last year around 1 billions average to now around 300-400 millions. Also shows that FF managers are not keen putting $ in Malaysia, as our political scenario is full of surprises. Next thing you know, Dr.M join PKR.. Hahaha |
|
|
May 26 2008, 02:48 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(zamans98 @ May 26 2008, 02:43 PM) Low volume cannot push market beyond 1300, let alone 1500 by year end. As long as political situation is not clearing up, for sure not many FF will keen to pour big into the market.Also shows that FF managers are not keen putting $ in Malaysia, as our political scenario is full of surprises. Next thing you know, Dr.M join PKR.. Hahaha Also one key important element on economy front that is petrol and diesel situation not knowing what gov will do. Gov need to act fast, can't keep on dragging on this issue, as businesses need clear signal and situation to make for future planning. |
|
|
May 26 2008, 02:52 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(cherroy @ May 26 2008, 02:39 PM) Tonight US market closed as well. I see...so we shouldnt expect much yet i guess...let the market drop more..then we collect ^^We have low volume for the last few months already. From last year around 1 billions average to now around 300-400 millions. Added on May 26, 2008, 2:52 pm QUOTE(zamans98 @ May 26 2008, 02:43 PM) Low volume cannot push market beyond 1300, let alone 1500 by year end. Dr M join pkr =.= i think anwar send him back to jail haha Also shows that FF managers are not keen putting $ in Malaysia, as our political scenario is full of surprises. Next thing you know, Dr.M join PKR.. Hahaha This post has been edited by Mikiyo: May 26 2008, 02:52 PM |
|
|
May 26 2008, 02:54 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(aretla @ May 26 2008, 01:57 PM) i also dont wan.. i dont think he wan... good, whatever decision made, just do no regret later. |
|
|
May 26 2008, 03:09 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(aretla @ May 26 2008, 01:57 PM) i also dont wan.. i dont think he wan... The other way roundThe lower it get, the more interest on it. Unless Genting reporting poor financial result, then situation might change then, if like that (poor financial result on this Thursday) then need to lower target price liao. |
|
|
May 26 2008, 03:11 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(cherroy @ May 26 2008, 03:09 PM) The other way round if thursday's report shows negative...would genting drop to RM5? ^^The lower it get, the more interest on it. Unless Genting reporting poor financial result, then situation might change then, if like that (poor financial result on this Thursday) then need to lower target price liao. |
|
|
May 26 2008, 03:21 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(Mikiyo @ May 26 2008, 02:52 PM) I see...so we shouldnt expect much yet i guess...let the market drop more..then we collect ^^ In Malaysia, anything can happen.Added on May 26, 2008, 2:52 pm Dr M join pkr =.= i think anwar send him back to jail haha Dr.M + PKR, get some MP from Sabah/Sarawak to crossover, then Anwar becomes PM. It is very likely. Revenge is secondary to ultimate goal. |
|
|
May 26 2008, 03:25 PM
|
|
Senior Member
566 posts Joined: Mar 2008
|
Indeed, "the enemy of my enemy is my friend"...
|
|
|
May 26 2008, 04:29 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
MRCB diving hard. do they lost Penang monorail project ?
|
|
|
May 26 2008, 05:02 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(Mikiyo @ May 26 2008, 03:11 PM) if thursday's report shows negative...would genting drop to RM5? ^^ better say RM4 la even GENTING poses a poor report, the price wouldnt fell more than 15% in a day la! doesnt make sense isn't. |
|
|
May 26 2008, 05:03 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(zamans98 @ May 26 2008, 04:29 PM) MRCB diving hard. do they lost Penang monorail project ? They were bidding for the monorail tender? wats the news? do u think it would bounce back up? |
|
|
May 26 2008, 05:07 PM
|
Senior Member
1,850 posts Joined: Jan 2003
|
today i buy big time man.
i bought ATRIUM @ 0.875 I bought TGOFFSHORE @ 2.37 I bought AXIS @1.75 |
|
|
May 26 2008, 05:18 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(Neo18 @ May 26 2008, 05:07 PM) today i buy big time man. wow shopping day ya i bought ATRIUM @ 0.875 I bought TGOFFSHORE @ 2.37 I bought AXIS @1.75 lemme see, those 3 counters are already in your portfolio since last time, adding stake ya! |
|
|
May 26 2008, 05:19 PM
|
|
Senior Member
761 posts Joined: Sep 2006 From: Malaysia Island
|
lazy wan to invest/shop/buy/hunt for anything....
like no direction only. everyone waiting on the sidelines... |
|
|
May 26 2008, 05:21 PM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
QUOTE(Neo18 @ May 26 2008, 05:07 PM) today i buy big time man. ya la. I average down.i bought ATRIUM @ 0.875 I bought TGOFFSHORE @ 2.37 I bought AXIS @1.75 now my average price ATRIUM @0.9683 AXIS @ 1.75 TGOFFSHORE@ 2.715 |
|
|
May 26 2008, 05:27 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(Neo18 @ May 26 2008, 05:07 PM) today i buy big time man. Axis and Atrium are having nearly net 7-8% yield now.i bought ATRIUM @ 0.875 I bought TGOFFSHORE @ 2.37 I bought AXIS @1.75 I more keen on Axis at 1.70 again. Property sector is being downgraded by lot of investment banks, so won't see major upside in near term. Long term may be but short term wise much difficult. So want to invest on property sector need to be long term. In current bearish market, my advice to all is don't need to rush to buy stock, can take bit by bit. You don't know when it is the bottom one. Instead taking one shot (based on your fund), it is more advisable split it to several portion for different entry point to average down cost. Just my 2 cents. |
|
|
May 26 2008, 05:28 PM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
ya, i'm waiting for AXIS 1.7 too.. don't worry. i got bullet to shot this month..hahaha
Added on May 26, 2008, 5:30 pmATRIUM, i q @ 0.87 cannot get. so decided to buy @ 0.875 lor. this counter, i just collect dividend and hope government reduce REIT tax from 20% to 10% this year This post has been edited by Neo18: May 26 2008, 05:30 PM |
|
|
May 26 2008, 05:59 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(Neo18 @ May 26 2008, 05:28 PM) ya, i'm waiting for AXIS 1.7 too.. don't worry. i got bullet to shot this month..hahaha Wa..u buy so many just to average down >.< should have cut loss back then ma ^^Added on May 26, 2008, 5:30 pmATRIUM, i q @ 0.87 cannot get. so decided to buy @ 0.875 lor. this counter, i just collect dividend and hope government reduce REIT tax from 20% to 10% this year |
|
|
May 26 2008, 06:19 PM
|
|
Senior Member
1,050 posts Joined: Mar 2008 From: Selangor
|
today's market so slow that i'm resorted to looking at pana's avatar all day....what is this picture about pana? pls elaborate..
j/k. needed to go OT for abit..stupid market..lesbians are more fun indeed.  |
|
|
May 26 2008, 06:59 PM
|
|
Senior Member
2,656 posts Joined: Nov 2004
|
QUOTE(cherroy @ May 26 2008, 02:48 PM) Gov need to act fast, can't keep on dragging on this issue, as businesses need clear signal and situation to make for future planning. I dont think business need any signal on current political turmoil. Business is seperate entity by itself it doesn't need any political influences to work. Therefore, a good business entity is best to avoid any political interference. However, Investor need clear signal. That's why FF still reluctant to enter our market. |
|
|
May 26 2008, 09:22 PM
|
Junior Member
31 posts Joined: May 2008
|
COMINTL
|
|
|
May 26 2008, 09:37 PM
|
Junior Member
392 posts Joined: Dec 2007
|
QUOTE(repcoyeoh @ May 26 2008, 09:22 PM) COMINTL ?? |
|
|
May 26 2008, 10:12 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
Quite a number of blue chips are at 52 weeks low. It is worst than 11 March meltdown price.
1) Genting 2) Maybank 2) TM/TMI 3) Airasia 4) Resorts 5) |
|
|
May 26 2008, 11:11 PM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(dsugums @ May 26 2008, 10:12 PM) Quite a number of blue chips are at 52 weeks low. It is worst than 11 March meltdown price. And almost all except AA has a decent shot of recovery(since it's share price are more badly affected by oil price)1) Genting 2) Maybank 2) TM/TMI 3) Airasia 4) Resorts 5) |
|
|
May 26 2008, 11:40 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
haiz, my TM ..... dont think will rise in short term .
|
|
|
May 27 2008, 12:48 AM
|
|
All Stars
52,874 posts Joined: Jan 2003
|
US stock exchange closed for Memorial's Day.
|
|
|
May 27 2008, 08:49 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
The Board of Directors of Unico-Desa Plantations Berhad has proposed a final gross dividend of 20% per share less income tax at 26% for the financial year ended 31 March 2008 for the shareholders' approval at the forthcoming Annual General Meeting.
The entitlement and payment dates of the aforesaid dividend will be announced at a later date. |
|
|
May 27 2008, 09:15 AM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
Whats the difference between the ex-date and lodgem't ? And what is lodgem't ?
Attached thumbnail(s) 
|
|
|
May 27 2008, 09:24 AM
|
|
Senior Member
547 posts Joined: Mar 2007 From: K L
|
it seem like it is very quiet today at KLSE.
|
|
|
May 27 2008, 09:33 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(barcode @ May 27 2008, 09:24 AM) it seem like it is very quiet today at KLSE. super quiet >.< i think it will end up red again.. |
|
|
May 27 2008, 09:35 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
yea, 35 minutes but volume the lowest this month..
|
|
|
May 27 2008, 09:37 AM
|
|
Senior Member
566 posts Joined: Mar 2008
|
Air asia closing in on RM1.00
|
|
|
May 27 2008, 09:39 AM
|
|
Senior Member
1,523 posts Joined: Dec 2007 From: Puchong...
|
coming lor..Airasia..i need u to average... |
|
|
May 27 2008, 09:43 AM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(hanif444 @ May 27 2008, 09:39 AM) coming lor..Airasia..i need u to average... Wat's your TP entry? |
|
|
May 27 2008, 09:44 AM
|
|
Junior Member
392 posts Joined: Dec 2007
|
why everybody like airasia so much? As the oil price keep going up, the share will keep falling.... I dun think oil price will go down....
|
|
|
May 27 2008, 09:47 AM
|
|
Senior Member
604 posts Joined: Jun 2007 From: JB, Singapore, Kuala Lumpur, Ipoh
|
QUOTE(neverlog @ May 27 2008, 10:44 AM) why everybody like airasia so much? As the oil price keep going up, the share will keep falling.... I dun think oil price will go down.... coz my apple is on his tree... |
|
|
May 27 2008, 09:52 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
GPlus been in play by singapore syndicate.
GPLUS is bankrupt company, rite? It has been couple of weeks now. |
|
|
May 27 2008, 10:18 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
Airasia RM1
what happened?This post has been edited by Mikiyo: May 27 2008, 10:18 AM |
|
|
May 27 2008, 10:22 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
coming loh, 0.99 AA
|
|
|
May 27 2008, 10:25 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(Mikiyo @ May 26 2008, 05:59 PM) Wa..u buy so many just to average down >.< should have cut loss back then ma ^^ For Neo18, he has strong bullets one, so as long as his holding portfolio is giving him more than 7% yield, it is hard to convince to cut loss. What if cut loss then stock goes back up? Although personally doesn't view any major upside in near term, still stock investment, one can't or almost impossible to time the market exactly one. If one has continuous reload his/her bullet through steady income from core job, then as long as those good fundamental stock still intact with their financial situation, cut loss is not the priority concern. Unless got 'bullets' constraint or in tight situation then different story. Just my 2 cents. |
|
|
May 27 2008, 10:27 AM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
Kenanga Today
RESULTS NOTES Wah Seong Corporation (HOLD; RM2.35; TP: RM2.42) 1QFY08 results largely within expectations Proton (TRADING BUY; RM4.12; TP: RM5.40) FY08 earnings back to the black RCE Capital (BUY; RM0.62; TP: RM1.20) FY08 results right on the money Hunza Properties (BUY; RM1.84; TP: RM3.59) 9M08 results in line CBRS: Crest Builder (BUY; RM1.04; TP: RM1.97) Slower 1Q08 |
|
|
May 27 2008, 10:29 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(cherroy @ May 27 2008, 10:25 AM) For Neo18, he has strong bullets one, so as long as his holding portfolio is giving him more than 7% yield, it is hard to convince to cut loss. He sure has a strong bullet to hold so many >.< thanks a lot cherroy! mayb i should start saving and make my bullet stronger ^^What if cut loss then stock goes back up? Although personally doesn't view any major upside in near term, still stock investment, one can't or almost impossible to time the market exactly one. If one has continuous reload his/her bullet through steady income from core job, then as long as those good fundamental stock still intact with their financial situation, cut loss is not the priority concern. Unless got 'bullets' constraint or in tight situation then different story. Just my 2 cents. |
|
|
May 27 2008, 10:31 AM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
to tell u the truth.
my portfolio now RM28k loss la!!! |
|
|
May 27 2008, 10:33 AM
|
|
Junior Member
238 posts Joined: Jan 2003
|
QUOTE(Neo18 @ May 27 2008, 10:31 AM) to tell u the truth. Come on Neo! Hopefully u will get back that money soon! my portfolio now RM28k loss la!!!  I also lots few Ks lor... I gonna win back! |
|
|
May 27 2008, 10:37 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(Neo18 @ May 27 2008, 10:31 AM) to tell u the truth. who knows your wealth is 28 times more than that 10 or 20 years down the road. my portfolio now RM28k loss la!!!  we think far far one, long term investment. |
|
|
May 27 2008, 10:41 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
why Pana change her avatar? Is that because AirAsia becoming penny stock? or because Genting is 590?
|
|
|
May 27 2008, 10:45 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(Neo18 @ May 27 2008, 10:31 AM) to tell u the truth. my portfolio now RM28k loss la!!! QUOTE(panasonic88 @ May 27 2008, 10:37 AM) who knows your wealth is 28 times more than that 10 or 20 years down the road. Yes, Panasonic88 has a good point to make.we think far far one, long term investment. Stock investment is never a short term game. Only long term can see the real effect, but it doesn't mean it surely will gain, that's why stock pick is important and fundamental issues come into play. Neo18, Those are paper loss, not the realised one, unless you sell it/cut loss, then those losses only meaningful. Most importantly in this bearish period, those good fundamental stocks are giving you the yield better than FD rate!. Treat it as FD then you will sleep very well every night. Then not much to worry about except monitor the the company stocks financial result from time to time. |
|
|
May 27 2008, 10:46 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(zamans98 @ May 27 2008, 10:41 AM) why Pana change her avatar? Is that because AirAsia becoming penny stock? or because Genting is 590? GENTING buy queue and sell queue are equally much! but volume is slowing down, price is tug-of-war between 5.90/5.95 |
|
|
May 27 2008, 10:50 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 27 2008, 10:46 AM) GENTING buy queue and sell queue are equally much! but volume is slowing down, price is tug-of-war between 5.90/5.95 This post has been edited by Mikiyo: May 27 2008, 10:51 AM |
|
|
May 27 2008, 10:54 AM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 27 2008, 10:46 AM) GENTING buy queue and sell queue are equally much! but volume is slowing down, price is tug-of-war between 5.90/5.95 |
|
|
May 27 2008, 10:56 AM
|
|
Junior Member
194 posts Joined: Apr 2007
|
unless is fund manager/big players buying in block which have no broker commision incurred at all.
|
|
|
May 27 2008, 10:56 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(dsugums @ May 27 2008, 10:54 AM) I bet my old underwear that someone is going to dump big time to wipe out the 5.90 que. This has been happening from 6.20 price Hahha, you can sell your underwear online, through E-Bay. I'm seeing Genting at 575 within 2 weeks |
|
|
May 27 2008, 10:58 AM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
haha.. never think i can afford to buy genting one... since it's pricey..
but now.. chance lai liao... but not to dare to buy |
|
|
May 27 2008, 11:01 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(dsugums @ May 27 2008, 10:54 AM) I bet my old underwear that someone is going to dump big time to wipe out the 5.90 que. This has been happening from 6.20 price i bet ... ermm nothing yes, it cant even stand firmly on 5.90/5.95, sekali any big lots dumping, the price sure fall again. so no rush to buy now. |
|
|
May 27 2008, 11:01 AM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
haiz, my TM has to force sell this 4.30 pm liao , raise lar ......
|
|
|
May 27 2008, 11:04 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(chen9wei @ May 27 2008, 11:01 AM) haiz, my TM has to force sell this 4.30 pm liao , raise lar ...... if my memory serves me right, you got it at 3.28 right?bought how many lots? |
|
|
May 27 2008, 11:06 AM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(mlpk @ May 27 2008, 10:56 AM) unless is fund manager/big players buying in block which have no broker commision incurred at all. Even in bulk, I think they do incur broker commision, but maybe not much... |
|
|
May 27 2008, 11:14 AM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
not much confidence on little Lim management now...
|
|
|
May 27 2008, 11:21 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
AIRASIA, no relief in sight. Longs better sell now before its too late.
|
|
|
May 27 2008, 11:26 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(AdamG1981 @ May 27 2008, 11:21 AM) AIRASIA, no relief in sight. Longs better sell now before its too late. I guess its too late to tell them to sell now ^^ they just averaged down |
|
|
May 27 2008, 11:30 AM
|
|
Senior Member
566 posts Joined: Mar 2008
|
Wah, I blink for 1 sec only and the Genting 5.95 Q's gone...
Added on May 27, 2008, 11:31 ambut Q is quickly replaced by eager sellers.... This post has been edited by PBB boleh: May 27 2008, 11:31 AM |
|
|
May 27 2008, 11:31 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(PBB boleh @ May 27 2008, 11:30 AM) Wah, I blink for 1 sec only and the Genting 5.95 Q's gone... i think the queue is back |
|
|
May 27 2008, 11:39 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(PBB boleh @ May 27 2008, 11:30 AM) Wah, I blink for 1 sec only and the Genting 5.95 Q's gone... Added on May 27, 2008, 11:31 ambut Q is quickly replaced by eager sellers.... QUOTE(Mikiyo @ May 27 2008, 11:31 AM) i think the queue is back yah i was about to post this too!and the volume increased drastically!! it was 3xxx only when i see it few minutes ago, and now it is 27xxx jor! something is cooking! |
|
|
May 27 2008, 12:02 PM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
i'm monitoring Maybulk now...has been dropping lately...MSNIAGA also not bad since they r giving 19cents div in June rite...now price at 1.9x...if drop a bit more (as usual very kedekut) to less than 1.8 might get some....
|
|
|
May 27 2008, 12:02 PM
|
|
Junior Member
238 posts Joined: Jan 2003
|
Hello guys,
Heard that IJM going to give capital repayment RM500. EGM is on the 16 Jun, then they will announce the date of the capital repayment... |
|
|
May 27 2008, 12:06 PM
|
|
Senior Member
1,404 posts Joined: Jun 2005
|
KLCI broke 1270 immediate support line already.
|
|
|
May 27 2008, 12:10 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
Ok off to uni ^^ back at 2.30 for the next session!
|
|
|
May 27 2008, 12:35 PM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
QUOTE(panasonic88 @ May 27 2008, 10:37 AM) who knows your wealth is 28 times more than that 10 or 20 years down the road. basically, any stock that you buy last year. and you are still holding it. 80% you will be losing money lorwe think far far one, long term investment. Added on May 27, 2008, 12:36 pm QUOTE(panasonic88 @ May 27 2008, 10:37 AM) who knows your wealth is 28 times more than that 10 or 20 years down the road. basically, any stock that you buy last year. and you are still holding it. 80% you will be losing money lorwe think far far one, long term investment. This post has been edited by Neo18: May 27 2008, 12:36 PM |
|
|
May 27 2008, 12:56 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
me have both paper loss and realised loss either
ahh well, paper loss, not so worry, like cherroy said, as long as the company is in good fundamentals and financial report is doing well, should be fine. my realised loss are mostly from hkcw, sigh, learning from mistake. no pain, no gain. |
|
|
May 27 2008, 01:01 PM
|
Junior Member
357 posts Joined: Jan 2005
|
why KNM open price lower than yesterday close price by 60sen?
|
|
|
May 27 2008, 01:05 PM
|
|
Senior Member
1,523 posts Joined: Dec 2007 From: Puchong...
|
airasia selling presure so high... |
|
|
May 27 2008, 01:09 PM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 27 2008, 12:56 PM) me have both paper loss and realised loss either I remember a forummer once said there is no such thing as paper loss (forgot who), I gave it some thought and I have to partly agree with him/her.ahh well, paper loss, not so worry, like cherroy said, as long as the company is in good fundamentals and financial report is doing well, should be fine. my realised loss are mostly from hkcw, sigh, learning from mistake. no pain, no gain. True, since if u haven't actually sold the stock, the loss remains unrealised. And if the stock is fundamentally sound, the chance for recovery in the long run is still there. But the fact remains that u now hold in your hand assets that is worth lesser by the standard of what people are willing to pay for (as in right now and not in uncertain future time period). Dont get me wrong I am also having paper losses at the moment but I do agree with the current value agruement. Just my 2 cents |
|
|
May 27 2008, 01:36 PM
|
|
Senior Member
1,523 posts Joined: Dec 2007 From: Puchong...
|
i'am a long term investor..so paper loss or gain i' not going to sell either..so it wont effect me to buy stock...as long as i think it good company to share their profit/dividen... |
|
|
May 27 2008, 01:43 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(PBB boleh @ May 27 2008, 01:09 PM) I remember a forummer once said there is no such thing as paper loss (forgot who), I gave it some thought and I have to partly agree with him/her. A loss still a loss, what different between paper loss and realised loss is:True, since if u haven't actually sold the stock, the loss remains unrealised. And if the stock is fundamentally sound, the chance for recovery in the long run is still there. But the fact remains that u now hold in your hand assets that is worth lesser by the standard of what people are willing to pay for (as in right now and not in uncertain future time period). Dont get me wrong I am also having paper losses at the moment but I do agree with the current value agruement. Just my 2 cents Realised loss - that is, just like putting the money on the table then being 'sapu', game over for this round. Paper loss - still a loss, but you are still 'in the game', final outcome not yet known, can be better and can be worst. In stock investment, there is impossible to not have any paper loss especially on the initial stage of investment or just after market peak down. <-- which current condition. What matter most is how you pick a stock and whether the company can still generate enough wealth to the shareholders. That's why it is important that those money being invested in stock market one, one should sure those are extra and won't be needed for long period of time, at least 3-5 years above. This post has been edited by cherroy: May 27 2008, 01:44 PM |
|
|
May 27 2008, 01:50 PM
|
Senior Member
8,446 posts Joined: Nov 2005
|
QUOTE(cherroy @ May 27 2008, 01:43 PM) A loss still a loss, what different between paper loss and realised loss is: Agreed Realised loss - that is, just like putting the money on the table then being 'sapu', game over for this round. Paper loss - still a loss, but you are still 'in the game', final outcome not yet known, can be better and can be worst. In stock investment, there is impossible to not have any paper loss especially on the initial stage of investment or just after market peak down. <-- which current condition. What matter most is how you pick a stock and whether the company can still generate enough wealth to the shareholders. That's why it is important that those money being invested in stock market one, one should sure those are extra and won't be needed for long period of time, at least 3-5 years above. |
|
|
May 27 2008, 01:52 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Come on CI, lets go down more!
|
|
|
May 27 2008, 02:19 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
QUOTE(panasonic88 @ May 27 2008, 11:04 AM) if my memory serves me right, you got it at 3.28 right? yeah, you got really good memory. I have use up all trading limit to buy, just now paid them some and i still need to kill around 50 lots.bought how many lots? |
|
|
May 27 2008, 02:26 PM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
KUALA LUMPUR: Bursa Malaysia has cautioned investors over the persistent rise in the share price of Golden Plus Holdings Bhd.
In a circular issued Tuesday, it told investors to note that GPlus had on May 14 replied to Bursas Unusual Market Activity query that there was no material and recent development in their business to explain the price rise. It advised investors to take note of the development of the company including the fact that GPlud had not submitted its audited consolidated financial statements for the year ended Dec 31, 2007, which was due on April 30 to Bursa Malaysia Securities Bhd. Bursa would like to advise investors to exercise caution and due diligence on the trading of GPlud securities and to guide their investment decisions based on fundamentals of the company, it said. Bursa will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of GPlus securities, it said. |
|
|
May 27 2008, 02:29 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(kinwawa @ May 27 2008, 02:26 PM) KUALA LUMPUR: Bursa Malaysia has cautioned investors over the persistent rise in the share price of Golden Plus Holdings Bhd. Haha,another potential limit down candidate....In a circular issued Tuesday, it told investors to note that GPlus had on May 14 replied to Bursas Unusual Market Activity query that there was no material and recent development in their business to explain the price rise. It advised investors to take note of the development of the company including the fact that GPlud had not submitted its audited consolidated financial statements for the year ended Dec 31, 2007, which was due on April 30 to Bursa Malaysia Securities Bhd. Bursa would like to advise investors to exercise caution and due diligence on the trading of GPlud securities and to guide their investment decisions based on fundamentals of the company, it said. Bursa will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of GPlus securities, it said. |
|
|
May 27 2008, 02:33 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(Mikiyo @ May 27 2008, 11:31 AM) i think the queue is back The selling que is back again |
|
|
May 27 2008, 02:37 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(kinwawa @ May 27 2008, 02:26 PM) KUALA LUMPUR: Bursa Malaysia has cautioned investors over the persistent rise in the share price of Golden Plus Holdings Bhd. i thought this kind of news would make the price go down, but it raise +0.250 today. In a circular issued Tuesday, it told investors to note that GPlus had on May 14 replied to Bursas Unusual Market Activity query that there was no material and recent development in their business to explain the price rise. It advised investors to take note of the development of the company including the fact that GPlud had not submitted its audited consolidated financial statements for the year ended Dec 31, 2007, which was due on April 30 to Bursa Malaysia Securities Bhd. Bursa would like to advise investors to exercise caution and due diligence on the trading of GPlud securities and to guide their investment decisions based on fundamentals of the company, it said. Bursa will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of GPlus securities, it said. typical goreng counter.QUOTE(dsugums @ May 27 2008, 02:33 PM) The selling que is back again yahlor no eyes see jor. |
|
|
May 27 2008, 02:41 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(dsugums @ May 27 2008, 02:33 PM) The selling que is back again I guess my bet on my old underwear is still on  IOICorp is pulling the whole of CI down This post has been edited by dsugums: May 27 2008, 02:42 PM |
|
|
May 27 2008, 02:47 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
Aiks....CI plz go up tmr T.T T+3 d....still havent cover commission!!
|
|
|
May 27 2008, 02:49 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(lklatmy @ May 27 2008, 02:29 PM) Haha,another potential limit down candidate.... lklatmy, is it a better idea to sell GPLUS? assuming one bought it at 1.6x.  |
|
|
May 27 2008, 02:51 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(panasonic88 @ May 27 2008, 02:49 PM) lklatmy, is it a better idea to sell GPLUS? assuming one bought it at 1.6x. Read between the lines (Buy/sell at your own risk) |
|
|
May 27 2008, 02:55 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE It advised investors to take note of the development of the company including the fact that GPlud had not submitted its audited consolidated financial statements for the year ended Dec 31, 2007, which was due on April 30 to Bursa Malaysia Securities Bhd. Bursa would like to advise investors to exercise caution and due diligence on the trading of GPlud securities and to guide their investment decisions based on fundamentals of the company, it said. roger that, lklatmy. one thing wondering me, it stated GPlud...errr GPlud? not GPlus ka? |
|
|
May 27 2008, 02:57 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
G-PLUS is being pushed by Singaporean Syndicate.
|
|
|
May 27 2008, 02:57 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 27 2008, 02:55 PM) roger that, lklatmy. The Star proof reading very bad. Last week they spelled Public Bank as Pubic Bank one thing wondering me, it stated GPlud...errr GPlud? not GPlus ka? |
|
|
May 27 2008, 02:58 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 27 2008, 02:49 PM) lklatmy, is it a better idea to sell GPLUS? assuming one bought it at 1.6x. If one bought at 1.6x and now is 2.2x, still want to hold on some company that failed to submitted audited account for the 31/12 ending one? Then I salute him/her on the bravery side. Don't mean recommend buy to sell. Judge your own, and buy/sell on your own risk. |
|
|
May 27 2008, 03:00 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(dsugums @ May 27 2008, 02:57 PM) The Star proof reading very bad. Last week they spelled Public Bank as Pubic Bank ghosh! |
|
|
May 27 2008, 03:01 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(dsugums @ May 27 2008, 02:57 PM) The Star proof reading very bad. Last week they spelled Public Bank as Pubic Bank Pubic Bank? Tell you remiser then want to sell/buy your 'pubic' bank then. |
|
|
May 27 2008, 03:03 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 27 2008, 02:58 PM) If one bought at 1.6x and now is 2.2x, still want to hold on some company that failed to submitted audited account for the 31/12 ending one? Then I salute him/her on the bravery side. taken immediate action. Don't mean recommend buy to sell. Judge your own, and buy/sell on your own risk. actually it was my dad, i knew that he have some GPLUS, for fun sake only he buy that. now he is holidaying in bangkok, i wonder whether he have the time to watch today's market, have sent a SMS to notify him. update: kakaka, my dad sold it already. looks like his remisier is doing a good job here This post has been edited by panasonic88: May 27 2008, 03:05 PM |
|
|
May 27 2008, 03:07 PM
|
|
Senior Member
2,932 posts Joined: Sep 2007
|
But there could be an interesting reason why GPlus has gone up, a reason that outsiders don't know yet, but a reason that may make the price go up even further.
Just playing the devil's advocate here, hehehe.. |
|
|
May 27 2008, 03:08 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 27 2008, 03:03 PM) taken immediate action. FYI, the company submitted the extension of period for the financial reporting on 31/12 but has been rejected and is classified as PN17 company already, but someone during that time, 'goreng' it kau kau, I suspect try to unloading stake (just my guess). actually it was my dad, i knew that he have some GPLUS, for fun sake only he buy that. now he is holidaying in bangkok, i wonder whether he have the time to watch today's market, have sent a SMS to notify him. This is some line published by KLSE QUOTE Bursa would like to advise investors to exercise caution and due diligence on the trading of GPLUS securities and to guide their investment decisions based on fundamentals of the Company. Bursa will not hesitate to take appropriate regulatory action to ensure fair and orderly trading of GPLUS securities. |
|
|
May 27 2008, 03:11 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
thanks for the immediate head up, cherroy & lklatmy
|
|
|
May 27 2008, 03:12 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(howszat @ May 27 2008, 03:07 PM) But there could be an interesting reason why GPlus has gone up, a reason that outsiders don't know yet, but a reason that may make the price go up even further. That's fine, if one believes it, after all it is a free market. Just playing the devil's advocate here, hehehe.. But personally won't touch on those company failed to report their financial report on times one, even for speculation purposes. Those reporting losses but still properly on schedule is much much better that failed to report anything. Just my opinion. This post has been edited by cherroy: May 27 2008, 03:12 PM |
|
|
May 27 2008, 03:14 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(panasonic88 @ May 27 2008, 03:11 PM) thanks for the immediate head up, cherroy & lklatmy Haha leng lui,I see nothing and I heard nothing.did you sell? |
|
|
May 27 2008, 03:15 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
so unfair sometimes, the fund managers will have the "power" to push a certain counter up, to unload, and to escape.
we little tiny salty fish gonna bear all the loses by ourselves. |
|
|
May 27 2008, 03:17 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(lklatmy @ May 27 2008, 03:14 PM) Haha leng lui,I see nothing and I heard nothing.did you sell? leng lui did not sell, because she did not buy, in the first place it was my dad. he knew about this, and sold it already before i called. i just talked to him over the phone just now This post has been edited by panasonic88: May 27 2008, 03:18 PM |
|
|
May 27 2008, 03:17 PM
|
Senior Member
829 posts Joined: May 2007
|
Is Talam out of PN17? Hotstocks claims so.. but its still in red
http://hotstocks.com.my/post.php?counter=T...805151618453313 This post has been edited by verbatim: May 27 2008, 03:22 PM |
|
|
May 27 2008, 03:22 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
2259 TALAM TALAM CORPORATION BHD
STATUS OF REGULARISATION PLAN TALAM CORPORATION BERHAD (Talam or the Company) MONTHLY ANNOUNCEMENT ON STATUS OF REGULARISATION PLAN PURSUANT TO PRACTICE NOTE NO. 17/2005 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD Further to our announcement made on 1 April 2008 in compliance with Paragraph 3.2 of the Practice Note No. 17/2005 of the Listing Requirements of Bursa Malaysia Securities Berhad, Talam wishes to announce that the Proposed Revised Regularisation Plan which was submitted to the Securities Commission (SC) on 25 October 2007 has been approved by the SC vide SCs letter dated 29 April 2008 (which was received on 30 April 2008) subject to terms and conditions imposed by the SC. Please refer to the detailed announcement made by RHB Investment Bank Berhad today. This announcement is dated 2 May 2008. |
|
|
May 27 2008, 04:06 PM
|
|
Senior Member
547 posts Joined: Mar 2007 From: K L
|
Air Asia below RM1.00
|
|
|
May 27 2008, 04:08 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
look at de trend... is airasia 50sens a dream?
anyway... juz ask for fun.. |
|
|
May 27 2008, 04:21 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Game over for AirAsia.
|
|
|
May 27 2008, 04:23 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 27 2008, 03:15 PM) so unfair sometimes, the fund managers will have the "power" to push a certain counter up, to unload, and to escape. Not all fund managers, syndicate, or hedge funds are successful in every attempt, there are plenty of fail story also. We have seen plenty of hedge fund winding up since subprime mess. we little tiny salty fish gonna bear all the loses by ourselves. We small fish can only swim together with big shark and eat what passed by or left over. <--- this is typically on goreng stock issue. If if one swim wrongly and opposite with big shark then being eated. Playing fundamental stock, don't need to swim with big shark, so safer.  Just my 2 cents. |
|
|
May 27 2008, 04:24 PM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(aretla @ May 27 2008, 04:08 PM) look at de trend... is airasia 50sens a dream? Who knows ... if oil hits USD200...anyway... juz ask for fun.. But your talking about a 50% drop here buddy, might take some time |
|
|
May 27 2008, 04:25 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
Airasia become penny stock already.
Budget airliner become budget stock also. |
|
|
May 27 2008, 04:29 PM
|
|
Senior Member
604 posts Joined: Jun 2007 From: JB, Singapore, Kuala Lumpur, Ipoh
|
QUOTE(cherroy @ May 27 2008, 05:25 PM) Airasia become penny stock already. so sad...pitty myselfBudget airliner become budget stock also. |
|
|
May 27 2008, 04:31 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 27 2008, 04:23 PM) Not all fund managers, syndicate, or hedge funds are successful in every attempt, there are plenty of fail story also. We have seen plenty of hedge fund winding up since subprime mess. can i swim together with you? We small fish can only swim together with big shark and eat what passed by or left over. <--- this is typically on goreng stock issue. If if one swim wrongly and opposite with big shark then being eated. Playing fundamental stock, don't need to swim with big shark, so safer. Just my 2 cents.  QUOTE(cherroy @ May 27 2008, 04:25 PM) Airasia become penny stock already. everyday low fare!Budget airliner become budget stock also. |
|
|
May 27 2008, 04:36 PM
|
Junior Member
459 posts Joined: Feb 2008
|
QUOTE(cherroy @ May 27 2008, 05:23 PM) Not all fund managers, syndicate, or hedge funds are successful in every attempt, there are plenty of fail story also. We have seen plenty of hedge fund winding up since subprime mess. Hi,We small fish can only swim together with big shark and eat what passed by or left over. <--- this is typically on goreng stock issue. If if one swim wrongly and opposite with big shark then being eated. Playing fundamental stock, don't need to swim with big shark, so safer. Just my 2 cents. It's a very good explanation. Resorts is staying in 3.30 . Any advice ? I wonder why ? I have lost some glue already. Enlightened me,please. Thank You. |
|
|
May 27 2008, 04:43 PM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
wah....sapcres almost below 1.4 liao...time for me to queue again....add my bullets.......yahoooo
|
|
|
May 27 2008, 04:49 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
ahhh GENTING 5.85 soon, selling pressure again.
doomsday liao this thursday! |
|
|
May 27 2008, 04:54 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
QUOTE(panasonic88 @ May 27 2008, 04:49 PM) ahhh GENTING 5.85 soon, selling pressure again. is that they going to announce their 1Q result ? profit must decrease ar ?doomsday liao this thursday! |
|
|
May 27 2008, 04:56 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
a lot of counter everyday "low fare".. breaking 52 weeks low..
|
|
|
May 27 2008, 04:58 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
QUOTE(zamans98 @ May 27 2008, 04:56 PM) a lot of counter everyday "low fare".. breaking 52 weeks low.. my TM lo ..... buy 3.28, force sell just now at 3.18 |
|
|
May 27 2008, 04:58 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 27 2008, 04:49 PM) ahhh GENTING 5.85 soon, selling pressure again. My old underwear bet won doomsday liao this thursday! |
|
|
May 27 2008, 05:03 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
closed at 5.90, unchanged.
no eyes see. |
|
|
May 27 2008, 05:04 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
BS, CI last second UP!
|
|
|
May 27 2008, 05:12 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(zamans98 @ May 27 2008, 05:04 PM) BS, CI last second UP! HAHA,Everyday magic show. |
|
|
May 27 2008, 05:27 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
chehh fake magic, tipu 3 years old kid
|
|
|
May 27 2008, 05:35 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 27 2008, 05:03 PM) closed at 5.90, unchanged. This stock if you plan to hold and don't keen to average down or cut loss, then can forget it and don't need to see it for somewhile.no eyes see. No eyes to see is right. I think a lot of people (those only start involved in stock market since 2006-2007 onwards one) don't have this kind of experience. It is quite norm to have this kind of downtrend in a bear market. It can make one very frustrating to see its daily price movement and eager to sell-off. |
|
|
May 27 2008, 06:30 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
QUOTE(cherroy @ May 27 2008, 05:35 PM) This stock if you plan to hold and don't keen to average down or cut loss, then can forget it and don't need to see it for somewhile. lol, I just join this april. Never see bullish before.No eyes to see is right. I think a lot of people (those only start involved in stock market since 2006-2007 onwards one) don't have this kind of experience. It is quite norm to have this kind of downtrend in a bear market. It can make one very frustrating to see its daily price movement and eager to sell-off. |
|
|
May 27 2008, 07:22 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(chen9wei @ May 27 2008, 06:30 PM) lol, I just join this april. Never see bullish before. me 2 and now losing d >.< pray foorrr long terrm investment ^^ |
|
|
May 27 2008, 07:47 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(Mikiyo @ May 27 2008, 07:22 PM) me 2 I contra trade oso lose money, short/mid term oso lose money and now losing d >.< pray foorrr long terrm investment ^^ Total heavy lost. Capital reducing |
|
|
May 27 2008, 09:49 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 27 2008, 05:35 PM) This stock if you plan to hold and don't keen to average down or cut loss, then can forget it and don't need to see it for somewhile. roger that, cherroy.No eyes to see is right. I think a lot of people (those only start involved in stock market since 2006-2007 onwards one) don't have this kind of experience. It is quite norm to have this kind of downtrend in a bear market. It can make one very frustrating to see its daily price movement and eager to sell-off. no la, just saje joining the crowd i dun plan to cut loss even agak agak knowing the upcoming financial report. doubt it would be good. otherwise market sentiment wouldn't be this bad. |
|
|
May 27 2008, 09:51 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(dsugums @ May 27 2008, 07:47 PM) I contra trade oso lose money, short/mid term oso lose money Sob sob...we same gangg ^^ Total heavy lost. Capital reducing |
|
|
May 27 2008, 10:14 PM
|
|
Senior Member
2,216 posts Joined: Jan 2003 From: Ipoh/Penang/PJ/Melaka
|
Public Mutual Fund Price also having red indicator.. sign..
Anyway, DJIA and NASDAQ having GREEN indicator.. mean tomorrow KLSE BE RED |
|
|
May 27 2008, 11:00 PM
|
|
Junior Member
245 posts Joined: Nov 2006
|
QUOTE(panasonic88 @ May 27 2008, 09:49 PM) roger that, cherroy. Hi, do u guys think genting share will go up with this news? no la, just saje joining the crowd i dun plan to cut loss even agak agak knowing the upcoming financial report. doubt it would be good. otherwise market sentiment wouldn't be this bad. http://announcements.bursamalaysia.com/EDM...0May%202008.pdf |
|
|
May 27 2008, 11:36 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
tat news is nothing much, peanut.
mebi push 5-10c tomolo |
|
|
May 27 2008, 11:55 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(zamans98 @ May 27 2008, 11:36 PM) tat news is nothing much, peanut. mayb cant even push >.< resistance and support level is only 5 cents apart..mebi push 5-10c tomolo |
|
|
May 28 2008, 12:21 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Careful, the Malaysian market will continue its downwards trend on bets that BanK Negara might raise interest rate in the near future to combat inflation; not to mention political instability.
This post has been edited by AdamG1981: May 28 2008, 12:23 AM |
|
|
May 28 2008, 01:15 AM
|
|
Junior Member
167 posts Joined: Nov 2004 From: Klang Valley
|
QUOTE(RDPD @ May 27 2008, 11:00 PM) Hi, do u guys think genting share will go up with this news? That news already out since last week, but yet the stock continue to bleed. I do not expect much improvement tomorrow. But then again, who knows http://announcements.bursamalaysia.com/EDM...0May%202008.pdf |
|
|
May 28 2008, 08:28 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(lklatmy @ May 27 2008, 05:12 PM) HAHA,Everyday magic show. always like dis one, for the past 10 years. See, last minute, some "idiot" go and buy 1 lot of CI component stocks. Pure BS! |
|
|
May 28 2008, 09:54 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
CI green already
Added on May 28, 2008, 10:08 amHUANN Up up plzz T.T This post has been edited by Mikiyo: May 28 2008, 10:08 AM |
|
|
May 28 2008, 10:30 AM
|
|
Senior Member
1,404 posts Joined: Jun 2005
|
Dow Goes up, KLSE goes down still hold true. Morning up just to get ppl fall into the trap.
|
|
|
May 28 2008, 10:36 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
That's because the economic fundamentals are weak here in Malaysia. All these talk about removing fuel subsidies are a clear sign that Malaysia is severely hurt with it's current budget deficit.
The CI might further goes down when U.S releases the GDP numbers on 29th, and durable orders on 28th. This post has been edited by AdamG1981: May 28 2008, 10:44 AM |
|
|
May 28 2008, 10:47 AM
|
|
Junior Member
392 posts Joined: Dec 2007
|
QUOTE(AdamG1981 @ May 28 2008, 10:36 AM) That's because the economic fundamentals are weak here in Malaysia. All these talk about removing fuel subsidies are a clear sign that Malaysia is severely hurt with it's current budget deficit. so you pplan to take CFA level 1 next yr?The CI might further goes down when U.S releases the GDP numbers on 29th, and durable orders on 28th. My colleague also taking exam this Jun. the total cost is about USD 1000 wor.... |
|
|
May 28 2008, 10:54 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(RDPD @ May 27 2008, 11:00 PM) Hi, do u guys think genting share will go up with this news? This division is not the major contributor to the whole group financial situation, just a tiny part of it. http://announcements.bursamalaysia.com/EDM...0May%202008.pdf |
|
|
May 28 2008, 10:55 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
tomorrow will be the "judgement day" for GENTING.
|
|
|
May 28 2008, 10:55 AM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
i'm queing RESORT , 2 lot @ 3.26!!! hope to get today
|
|
|
May 28 2008, 10:56 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(neverlog @ May 27 2008, 07:47 PM) so you pplan to take CFA level 1 next yr? Yes, i already have my bachelors in business management and economics. Every year the CFA fee is increasing. The passing rate is an alarming 39% ONLY! My colleague also taking exam this Jun. the total cost is about USD 1000 wor.... Update: Tenanga seen buying Genting's power assets; Sime Darby Q3 results and Malaysia's GDP releasing today. This post has been edited by AdamG1981: May 28 2008, 10:57 AM |
|
|
May 28 2008, 10:59 AM
|
|
Junior Member
392 posts Joined: Dec 2007
|
QUOTE(AdamG1981 @ May 28 2008, 10:56 AM) Yes, i already have my bachelors in business management and economics. Every year the CFA fee is increasing. The passing rate is an alarming 39% ONLY! Yeah, but my colleague is from software programming background.....hope he will pass the exam.Update: Tenanga seen buying Genting's power assets; Sime Darby Q3 results and Malaysia's GDP releasing today. |
|
|
May 28 2008, 11:00 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(neverlog @ May 27 2008, 07:59 PM) Yeah, but my colleague is from software programming background.....hope he will pass the exam. He probably will, if he has good mathematical analytical skills. IF you look at the CFA Level III papers, its all contruction of hypothesis models (profit maximizing, risk management) So if he's very good in numbers, and analyzing the small details, there will be no problems for him. |
|
|
May 28 2008, 11:04 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 28 2008, 10:55 AM) tomorrow will be the "judgement day" for GENTING. Need Terminator to protect it. Asiatic and Genting Highlands should contribute positively to the group. But currently market concern about Malaysia economy due to petrol/diesel subsidy overhaul which might have large implication to the economy in general. We saw RM plunging quite heavily for the last few days. AUD now Rm3.11, NZD RM 2.55. Do you all notice volume is extremely thin today? This post has been edited by cherroy: May 28 2008, 11:08 AM |
|
|
May 28 2008, 11:11 AM
|
|
Senior Member
829 posts Joined: May 2007
|
Just made my account closure.. Looks very bad.. loss of 6k in 2 months.. paper loss around 4k... LBS and Time the biggest culprits.. Hmm... what else to do? Just turn blind for sometime..
|
|
|
May 28 2008, 11:11 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 28 2008, 11:04 AM) Need Terminator to protect it. cherroy you must be having kids studying in Australia and NZ Asiatic and Genting Highlands should contribute positively to the group. But currently market concern about Malaysia economy due to petrol/diesel subsidy overhaul which might have large implication to the economy in general. We saw RM plunging quite heavily for the last few days. AUD now Rm3.11, NZD RM 2.55. Do you all notice volume is extremely thin today? thin volume? haha, i dun even bother to login to my live stock quote! |
|
|
May 28 2008, 11:12 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
the fish market looks very quiet. Hardly see ppl shopping for fishes.
|
|
|
May 28 2008, 11:16 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 28 2008, 11:11 AM) cherroy you must be having kids studying in Australia and NZ If got kids studying in Aus or NZD, it will be thin volume? haha, i dun even bother to login to my live stock quote! , not |
|
|
May 28 2008, 11:17 AM
|
|
Senior Member
607 posts Joined: Mar 2008
|
Genting now in coma due to heavy bleeding.
I dont have anymore old underwear to bet on genting This post has been edited by dsugums: May 28 2008, 11:18 AM |
|
|
May 28 2008, 11:17 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(verbatim @ May 27 2008, 08:11 PM) Just made my account closure.. Looks very bad.. loss of 6k in 2 months.. paper loss around 4k... LBS and Time the biggest culprits.. Hmm... what else to do? Just turn blind for sometime.. Cheer up, you can always make the money back. |
|
|
May 28 2008, 11:20 AM
|
|
Senior Member
829 posts Joined: May 2007
|
QUOTE(AdamG1981 @ May 28 2008, 11:17 AM) Cheer up, you can always make the money back. thanx for the comforting words, my friend... appreciate it very much. |
|
|
May 28 2008, 11:20 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 28 2008, 11:04 AM) We saw RM plunging quite heavily for the last few days. AUD now Rm3.11, NZD RM 2.55. RM plunging... is it a sympton that : good for foreigner that come to malaysia and spend RM? |
|
|
May 28 2008, 11:23 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(verbatim @ May 28 2008, 11:11 AM) Just made my account closure.. Looks very bad.. loss of 6k in 2 months.. paper loss around 4k... LBS and Time the biggest culprits.. Hmm... what else to do? Just turn blind for sometime.. cheer up ya, let's stay away a while and wait for the next market bull trend then we concur the market together-gather  QUOTE(dsugums @ May 28 2008, 11:17 AM) Genting now in coma due to heavy bleeding. i dun dare to look at it either I dont have anymore old underwear to bet on genting prepared for the worst. |
|
|
May 28 2008, 11:26 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 28 2008, 11:20 AM) kekeke then why are you clapping hands happily up there? Got park some temporary fund/FD into Forex FD since last year 1Q. Last few months also put some more into them. RM plunging... is it a sympton that : good for foreigner that come to malaysia and spend RM? I experience the pain seeing RM depreciated from USD2.50 to 4.10 during 1997-1998. So personally see the importance the diversification of FD. Also AUD and NZD yield 7-8% which is significantly higher than 3.7% of RM. In long run, it might mean a lot. I don't see RM can be very strong currency either in the long run with gov deficit keep on growing, at least for current economy condition. Yes, it can appreciate against USD, but not against others major currency. Just my personal preference/view. This post has been edited by cherroy: May 28 2008, 11:28 AM |
|
|
May 28 2008, 11:27 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(panasonic88 @ May 27 2008, 08:20 PM) kekeke then why are you clapping hands happily up there? No, the RM is plunging due to the uncertainty of the economy. But many foreign funds will offload their malaysian equity investments for more lucrative market such as commodities and other emerging economies. RM plunging... is it a sympton that : good for foreigner that come to malaysia and spend RM? |
|
|
May 28 2008, 11:32 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 28 2008, 11:26 AM) Got park some temporary fund/FD into Forex FD since last year 1Q. Last few months also put some more into them. ohhhh, something new for me. I experience the pain seeing RM depreciated from USD2.50 to 4.10 during 1997-1998. So personally see the importance the diversification of FD. Also AUD and NZD yield 7-8% which is significantly higher than 3.7% of RM. In long run, it might mean a lot. I don't see RM can be very strong currency either in the long run with gov deficit keep on growing, at least for current economy condition. Yes, it can appreciate against USD, but not against others major currency. Just my personal preference/view. thanks for sharing QUOTE(AdamG1981 @ May 28 2008, 11:27 AM) No, the RM is plunging due to the uncertainty of the economy. But many foreign funds will offload their malaysian equity investments for more lucrative market such as commodities and other emerging economies. ermmm noted that. |
|
|
May 28 2008, 11:40 AM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
u can always put ur money into foreign currency FD ma....but note the exchange rate when change back to RM......u will lose some....
waiting to buy sapcres@1.35, genting@5.55, pbbank@11.2, maybulk@3.86, MSNIAGA@1.88 if got any inform me ya hehehehhee.....lately seldom monitor la...since its bearish no point looking at the counters....doesn't change much..... time to concentrate on saving moneys n wait for bargain/cheap buys when opportunities aries! hehehehe This post has been edited by kinwawa: May 28 2008, 11:40 AM |
|
|
May 28 2008, 11:43 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
lol pbbank 11.20
that is my cost |
|
|
May 28 2008, 11:49 AM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
QUOTE(panasonic88 @ May 28 2008, 11:43 AM) lol pbbank 11.20 is it??? i tot u bought quite long liao??? Mine is 10.1 only wor that is my cost |
|
|
May 28 2008, 11:51 AM
|
|
Senior Member
761 posts Joined: Sep 2006 From: Malaysia Island
|
mine 8.60 only
|
|
|
May 28 2008, 11:53 AM
|
|
Junior Member
392 posts Joined: Dec 2007
|
QUOTE(cky80 @ May 28 2008, 11:51 AM) mine 8.60 only my is 12.50 !! |
|
|
May 28 2008, 11:54 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
wahh so nice, i didnt average down when PBBANK come to 9.30 in March this year.
hehe, buy price is not important to me, but buying a good company is. |
|
|
May 28 2008, 12:00 PM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
yaya...tat's y i dun mind 'average up' by buying at 11.2! hahahahhahaa.......gila o not????
|
|
|
May 28 2008, 12:25 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
Suddenly got 1000lot queue for SAPCRES..got news? and now its gone =.=
Added on May 28, 2008, 12:26 pmand its back =.=! This post has been edited by Mikiyo: May 28 2008, 12:26 PM |
|
|
May 28 2008, 12:30 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(Mikiyo @ May 28 2008, 12:25 PM) Suddenly got 1000lot queue for SAPCRES..got news? and now its gone =.= it is Oreo. Added on May 28, 2008, 12:26 pmand its back =.=! "now you see, now you don't" |
|
|
May 28 2008, 12:34 PM
|
|
Senior Member
829 posts Joined: May 2007
|
QUOTE(panasonic88 @ May 28 2008, 12:30 PM) it is Oreo. Its chipsmore, pana.. hahahaha"now you see, now you don't" Sapcres.... oh Sapcres... no more bullets leh... |
|
|
May 28 2008, 12:34 PM
|
|
Junior Member
238 posts Joined: Jan 2003
|
Guys, YTLPOWER, top 5 vol.
Any news on this? |
|
|
May 28 2008, 12:48 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
is it time to enter IOIcorp now ? Since no negative news for the company, i think the downtrend is caused by the bearish market .
|
|
|
May 28 2008, 12:58 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(kinwawa @ May 28 2008, 11:40 AM) u can always put ur money into foreign currency FD ma....but note the exchange rate when change back to RM......u will lose some.... You can get away with the commission charge through DCI investment.Putting Rm100K into AUD, can mean extra 3-4k pa. aka extra RM300 pocket money per month already. But yes, you are exposed to currency risk. So by no mean it is risk free. Just sharing information and personal opinion. |
|
|
May 28 2008, 01:00 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
I won't suggest to buy just yet. Wait for a further drop in blue chips counter before going in. It's still early.
|
|
|
May 28 2008, 01:01 PM
|
|
Junior Member
205 posts Joined: Jun 2007
|
QUOTE(AdamG1981 @ May 28 2008, 01:00 PM) I won't suggest to buy just yet. Wait for a further drop in blue chips counter before going in. It's still early. Yeah.. I second that.. The thing for now is it's no longer about the price but the timing... Where do you guys think would be the next resistance level for KLCI? |
|
|
May 28 2008, 01:02 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(cherroy @ May 27 2008, 09:58 PM) You can get away with the commission charge through DCI investment. I am looking forward for RAB to increase IR by another 0.5 basis points, or 2 more IR increase. SO, buying the aussie dollar now and hold till the end of this year will earn a much better rate of return compare to buying equities in Malaysia. Just my 2 cents.Putting Rm100K into AUD, can mean extra 3-4k pa. aka extra RM300 pocket money per month already. But yes, you are exposed to currency risk. So by no mean it is risk free. Just sharing information and personal opinion. |
|
|
May 28 2008, 01:06 PM
|
|
Junior Member
205 posts Joined: Jun 2007
|
QUOTE(AdamG1981 @ May 28 2008, 01:02 PM) I am looking forward for RAB to increase IR by another 0.5 basis points, or 2 more IR increase. SO, buying the aussie dollar now and hold till the end of this year will earn a much better rate of return compare to buying equities in Malaysia. Just my 2 cents. Based on latest currency rates i got from HL Bank and Public Bank, you can get around 7.2% per annum. So for RM100k investment, that would be roughly around RM7k after minus admin charges...Added on May 28, 2008, 1:08 pm QUOTE(cherroy @ May 28 2008, 12:58 PM) You can get away with the commission charge through DCI investment. What is DCI investment?Putting Rm100K into AUD, can mean extra 3-4k pa. aka extra RM300 pocket money per month already. But yes, you are exposed to currency risk. So by no mean it is risk free. Just sharing information and personal opinion. This post has been edited by achcmy: May 28 2008, 01:08 PM |
|
|
May 28 2008, 01:14 PM
|
|
Senior Member
2,932 posts Joined: Sep 2007
|
QUOTE(AdamG1981 @ May 28 2008, 01:02 PM) I am looking forward for RAB to increase IR by another 0.5 basis points, or 2 more IR increase. SO, buying the aussie dollar now and hold till the end of this year will earn a much better rate of return compare to buying equities in Malaysia. Just my 2 cents. You mean RBA? Yeah, I think the RBA may hold or increase, whereas the RBNZ could decrease the rate, so beware of the NZD.Though the Aussie exchange rate may already have the expectations built in. |
|
|
May 28 2008, 01:18 PM
|
|
Junior Member
205 posts Joined: Jun 2007
|
QUOTE(howszat @ May 28 2008, 01:14 PM) You mean RBA? Yeah, I think the RBA may hold or increase, whereas the RBNZ could decrease the rate, so beware of the NZD. Question: If i put rm10k into NZD FD today @ 8.2% per annum for 12 months and next month Central Bank of NZ decrease the rate, I would not be affected, right?Though the Aussie exchange rate may already have the expectations built in. |
|
|
May 28 2008, 01:18 PM
|
|
Senior Member
2,932 posts Joined: Sep 2007
|
QUOTE(achcmy @ May 28 2008, 01:06 PM) Based on latest currency rates i got from HL Bank and Public Bank, you can get around 7.2% per annum. So for RM100k investment, that would be roughly around RM7k after minus admin charges... Not many banks do DCI (dual currency investment)? or maybe they call it something different?Added on May 28, 2008, 1:08 pm What is DCI investment? |
|
|
May 28 2008, 01:19 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(achcmy @ May 27 2008, 10:18 PM) Question: If i put rm10k into NZD FD today @ 8.2% per annum for 12 months and next month Central Bank of NZ decrease the rate, I would not be affected, right? You will be affected if the real inflation rate increases. I doubt the RBNZ will decrease IR anytime soon. |
|
|
May 28 2008, 01:22 PM
|
|
Senior Member
2,932 posts Joined: Sep 2007
|
QUOTE(achcmy @ May 28 2008, 01:18 PM) Question: If i put rm10k into NZD FD today @ 8.2% per annum for 12 months and next month Central Bank of NZ decrease the rate, I would not be affected, right? When the Reserve Bank of NZ drops the rate, the NZD exchange rate will also follow (ie drop). Your deposit is locked up for 12 months, the question is what exchange rate you will get at the end of 12-months. |
|
|
May 28 2008, 01:23 PM
|
|
Junior Member
205 posts Joined: Jun 2007
|
QUOTE(AdamG1981 @ May 28 2008, 01:19 PM) You will be affected if the real inflation rate increases. I doubt the RBNZ will decrease IR anytime soon. Hi AdamG,How is that going to affect me if the real inflation rate increase? In real world terms or finance terms? Thanks Added on May 28, 2008, 1:26 pm QUOTE(howszat @ May 28 2008, 01:22 PM) When the Reserve Bank of NZ drops the rate, the NZD exchange rate will also follow (ie drop). Your deposit is locked up for 12 months, the question is what exchange rate you will get at the end of 12-months. Ok. Got it. So in paper value, it's still there. Is it safe for me to say that we stand to benefit if Central Bank decrease the IR after we locked in the higher IR previously?This post has been edited by achcmy: May 28 2008, 01:26 PM |
|
|
May 28 2008, 01:28 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(achcmy @ May 27 2008, 10:23 PM) Hi AdamG, Firstly you will be exposed to two main risks.How is that going to affect me if the real inflation rate increase? In real world terms or finance terms? Thanks a) Currency risk IR goes down, currency depreciates. Hence you might lose some money during conversion. b) Inflation risk Since no one knows the top of oil (bear in mind, its hurricane season in the US, there is a possibility of a hurricane striking refineries nearby texas/louisaina.), we do not when inflation rate peaks. If the RBNZ decreases rate, and if oil continues its surge towards $150, your purchasing power will decrease. Try taking a look at the NZ government 3,10 bond yields. Might give you a clue in where the IR is heading. This post has been edited by AdamG1981: May 28 2008, 01:32 PM |
|
|
May 28 2008, 01:32 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
I have another question...if the IR is increase, the currency would increase as well right? cause people would demand for more ringgit is it? im new in this sry..
|
|
|
May 28 2008, 01:36 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(Mikiyo @ May 27 2008, 10:32 PM) I have another question...if the IR is increase, the currency would increase as well right? cause people would demand for more ringgit is it? im new in this sry.. When the IR increases, the home currency will increase as investments (both foreign and home) will pour in due to higher rate of return. In this case, more Malaysians will dump ringgit and go for better yields such as Singapore dollar or Aussie dollar.This post has been edited by AdamG1981: May 28 2008, 01:37 PM |
|
|
May 28 2008, 01:59 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
i see..k thanks a lot adam ^^
|
|
|
May 28 2008, 02:06 PM
|
|
Senior Member
761 posts Joined: Sep 2006 From: Malaysia Island
|
QUOTE(AdamG1981 @ May 28 2008, 01:36 PM) When the IR increases, the home currency will increase as investments (both foreign and home) will pour in due to higher rate of return. In this case, more Malaysians will dump ringgit and go for better yields such as Singapore dollar or Aussie dollar. really? i thought lower interest rates encourage more investments....more companies will borrow more money from banks for business etc... ? |
|
|
May 28 2008, 02:09 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(cky80 @ May 27 2008, 11:06 PM) really? i thought lower interest rates encourage more investments.... Yes, lower interest rates will increase local consumption, because of cheaper financing. On the downside, cheaper financing will fuel inflation. more companies will borrow more money from banks for business etc... ? What i meant on my statement above is foreign and home funds will put their money in FDs to receive higher interests in their deposits. Do remember that FDs are safe havens. (lowest risk) This post has been edited by AdamG1981: May 28 2008, 02:14 PM |
|
|
May 28 2008, 02:22 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(howszat @ May 28 2008, 01:18 PM) Not many banks do DCI (dual currency investment)? or maybe they call it something different? I don't know about local banks, but mostly foreign banks I familiar with, have it. |
|
|
May 28 2008, 02:26 PM
|
|
Junior Member
205 posts Joined: Jun 2007
|
QUOTE(cherroy @ May 28 2008, 02:22 PM) I don't know about local banks, but mostly foreign banks I familiar with, have it. I know some local banks have something called "Multi Foreign Currency" FD. Is this the same? |
|
|
May 28 2008, 02:37 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(achcmy @ May 28 2008, 02:26 PM) I know some local banks have something called "Multi Foreign Currency" FD. Is this the same? DCI is not a foreign currency FD, it is a dual currency investment.It works like that: Let say AUD is 3.11 at the moment (spot rate), normally for counter rate banks will qoute sell/buy 3.15/3.07. So if you convert at counter rate, surely lose out the commission spread charge as you need to convert at 3.15. For DCI, your currency is not converted directly but it depends. You put in DCI for one month (usually people put/play 1 month), let say AUD spot rate at 3.11 currently, then DCI can have a strike rate at 3.11 (can varies to have lower) while it will carry the interest rate that significant higher than normal rate let say 12% for that particular day of DCI offering (it varies everyday depends on forex market condition, if market is volatile, then rate normally higher) At the end of 1 month, they will compare the AUD spot rate with your strike rate of your DCI set, if the AUD rate is higher than 3.11, then your DCI in RM won't be converted but you earn 12% interest rate. But if AUD is less than 3.11, then your Rm is converted to AUD, still they are giving out 12% interest rate together. Then one can proceed to use the converted AUD to put in AUD FD. In this way, you can save up the commision on counter rate. |
|
|
May 28 2008, 02:52 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
the bottom story is investing in Foreign Currency FD cannot earn that much, better get PBank or IOI
|
|
|
May 28 2008, 02:59 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(zamans98 @ May 27 2008, 11:52 PM) the bottom story is investing in Foreign Currency FD cannot earn that much, better get PBank or IOI Not just yet. Our real GDP might be less than 1%. That's not good for our overall economy. You might be able to pick blue chips at a much lower price than it is today. |
|
|
May 28 2008, 02:59 PM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
cannot say like tat...nothing is for certain.....
|
|
|
May 28 2008, 03:08 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(zamans98 @ May 28 2008, 02:52 PM) the bottom story is investing in Foreign Currency FD cannot earn that much, better get PBank or IOI Can't compare apple with orange. Risk involved is different.FD still a FD, for FD, you are almost 99.9% guaranteed on your principal + interest while for stock, none are guaranteed. So risk involved is different then potential return rate is also different. |
|
|
May 28 2008, 03:08 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(AdamG1981 @ May 28 2008, 02:59 PM) Not just yet. Our real GDP might be less than 1%. That's not good for our overall economy. You might be able to pick blue chips at a much lower price than it is today. yes and no. you can do couple of buy/sell transaction, say PBank, then the end profit would beat Foreign FD. And don't forget the time frame too. GDP make no sense to many, that's for sure. |
|
|
May 28 2008, 03:13 PM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
bought RESORT @3.26!!!
|
|
|
May 28 2008, 03:13 PM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
most counters esp big guns r bleeding heavily.....
|
|
|
May 28 2008, 03:13 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
CI falling down???
|
|
|
May 28 2008, 03:16 PM
|
|
Junior Member
205 posts Joined: Jun 2007
|
QUOTE(zamans98 @ May 28 2008, 03:08 PM) yes and no. I believe this is about diversification of the investment and not really about which investment provides the best value.you can do couple of buy/sell transaction, say PBank, then the end profit would beat Foreign FD. And don't forget the time frame too. GDP make no sense to many, that's for sure. |
|
|
May 28 2008, 03:21 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(achcmy @ May 28 2008, 03:16 PM) I believe this is about diversification of the investment and not really about which investment provides the best value. Yes, this is the main purpose of it. Just don't put all the eggs into one basket. |
|
|
May 28 2008, 03:26 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
resorts go to hell..
|
|
|
May 28 2008, 03:32 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(aretla @ May 28 2008, 03:26 PM) resorts go to hell.. lol same goes to GENTING, dragged to the hell door jor Neo18 should have gotten his RESORTS at 3.26 |
|
|
May 28 2008, 03:41 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
since day one i bought resorts.. until now.. it never in money before...
haihz... heart break.... genting also everyday low fares like airasia... This post has been edited by aretla: May 28 2008, 03:42 PM |
|
|
May 28 2008, 03:43 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(aretla @ May 28 2008, 03:41 PM) since day one i bought resorts.. until now.. it never in money before... Brace for some more fire sale on genting, still no bottom. Buy to Sell ratio is 1:3 now, very scary haihz... heart break.... genting also everyday low fares airasia... |
|
|
May 28 2008, 03:43 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
airasia let me realise one thing.. nth is impossible in stock market...
0.985...pengsan... will it keep droping until close shop?? |
|
|
May 28 2008, 03:43 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(Neo18 @ May 28 2008, 03:13 PM) bought RESORT @3.26!!! QUOTE(panasonic88 @ May 28 2008, 03:32 PM) lol same goes to GENTING, dragged to the hell door jor He got it already.Neo18 should have gotten his RESORTS at 3.26 I lose clue which price should I get Genting now, 5.75? No Q yet for today. May be seeing tomorrow 'judgement day' will more clearer. Kind of must get this time around. |
|
|
May 28 2008, 03:47 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(aretla @ May 28 2008, 03:43 PM) airasia let me realise one thing.. nth is impossible in stock market... Yes, nothing is impossible. When everything look rosy, then people think impossible to have low price again, then market mostly in complacency mood already. Then Kaboom, all turn upside down.0.985...pengsan... will it keep droping until close shop?? If everyone market can close shop, the bottom is not far away. So if more and more forumers think market go to hell in near future, then almost time to accumulate. This post has been edited by cherroy: May 28 2008, 03:48 PM |
|
|
May 28 2008, 03:47 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
QUOTE(cherroy @ May 28 2008, 03:43 PM) I lose clue which price should I get Genting now, 5.75? No Q yet for today. May be seeing tomorrow 'judgement day' will more clearer. Kind of must get this time around. alr 5.75 lo.. so wat price u target buy and sell? |
|
|
May 28 2008, 03:47 PM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
We continue to rate Genting a NEUTRAL with a revised price target of RM7.45/share, down from RM8.45/share, implying an upside potential of 16%. We view Genting as a well-run conglomerate with well-spread global business connections. We prefer Resorts (BUY, TP: RM4.80) over Genting. Resorts is a better investment avenue offering strong operating cash-flows with good earnings visibility. On the other hand, Gentings earnings would be affected by GILs as the UK gaming industrys prospects face uncertainty. Also, it expects to bear higher financing costs for Resorts World at Sentosa. And, earnings contributions from the Sentosa IR will only be kicking-in in 2010 when it opens its doors to visitors then
|
|
|
May 28 2008, 03:50 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(aretla @ May 28 2008, 03:47 PM) alr 5.75 lo.. so wat price u target buy and sell? I already target to buy at 6.00 prior before, but several attempt of Q'ing at low side, didn't get, and it continued to go down, so make me no rush for it. But this can't wait forever, right? Soon or later, selling pressure will receed after FF near finish their disposal cycle. |
|
|
May 28 2008, 03:51 PM
|
|
Junior Member
392 posts Joined: Dec 2007
|
QUOTE(cherroy @ May 28 2008, 03:43 PM) He got it already. why tomolo is judgement day for genting???I lose clue which price should I get Genting now, 5.75? No Q yet for today. May be seeing tomorrow 'judgement day' will more clearer. Kind of must get this time around. |
|
|
May 28 2008, 03:51 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(neverlog @ May 28 2008, 03:51 PM) why tomolo is judgement day for genting??? Tomorrow releasing its 1Q financial result. |
|
|
May 28 2008, 03:56 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
QUOTE(cherroy @ May 28 2008, 03:51 PM) Tomorrow releasing its 1Q financial result. release b4 tomorrow market open or after close? |
|
|
May 28 2008, 04:02 PM
|
|
Senior Member
4,897 posts Joined: Aug 2005
|
wat bout resort?
when the financial result out? heard will be delisted |
|
|
May 28 2008, 04:05 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
QUOTE(feralee @ May 28 2008, 04:02 PM) wat bout resort? wat!!!!!???? when the financial result out? heard will be delisted |
|
|
May 28 2008, 04:11 PM
|
|
Junior Member
392 posts Joined: Dec 2007
|
QUOTE(feralee @ May 28 2008, 04:02 PM) wat bout resort? sure boh? dun create panic ler....when the financial result out? heard will be delisted |
|
|
May 28 2008, 04:11 PM
|
|
Senior Member
1,828 posts Joined: Sep 2004
|
Yeah, it's really sked us. Any proof please?
|
|
|
May 28 2008, 04:12 PM
|
|
Junior Member
194 posts Joined: Apr 2007
|
waiting for resort to go to 3.06 lowest. genting is breaking year low but resort havent fall much yet compare to genting.
resort is rm15 before x to 5 lots come up and genting is from Rm30 before x to 5 lots come up. there is more space for resort to fall below rm15 This post has been edited by mlpk: May 28 2008, 04:13 PM |
|
|
May 28 2008, 04:14 PM
|
Senior Member
1,120 posts Joined: Jul 2006
|
QUOTE(feralee @ May 28 2008, 04:02 PM) wat bout resort? I heard it also. but i do think it won't be realised in this short term.when the financial result out? heard will be delisted Because it takes billions of ringgits to privatised it. Currently, Genting has used up almost all of its cash for massive expansion recently. So need to wait until all these projects return some profits then can consider to take Resorts privatised. There is some articles about it but not sure where to find it again. |
|
|
May 28 2008, 04:18 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
haha. if privatisation then its ok...
he use the word DELISTED.. i tot is resorts suddenly wat goes wrong then kena PN17 and get delisted |
|
|
May 28 2008, 04:19 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(aretla @ May 28 2008, 03:56 PM) release b4 tomorrow market open or after close? I also don't know, but mostly tend to release after the market close.QUOTE(feralee @ May 28 2008, 04:02 PM) wat bout resort? Please don't spread some inaccurate rumour that will scare off people.when the financial result out? heard will be delisted Yes, there is rumour for privatisation on Resorts which eventually will cause it delisted. It is not delisted as same as those PN17 company. But personally don't think it will, as it involves at least around 10 billions and above for Genting for the privatisation to be completed. If the rumour come true, then Genting share will be under more pressure while Resorts price might shoot up depend on the privatisation price. Normally privatisation price come no cheap than market price as if too low price, privatisation won't be materialising which make no sense of putting up a privatisation plan in the first place. This post has been edited by cherroy: May 28 2008, 04:22 PM |
|
|
May 28 2008, 04:23 PM
|
|
Senior Member
4,897 posts Joined: Aug 2005
|
QUOTE(aretla @ May 28 2008, 04:18 PM) haha. if privatisation then its ok... ok i rephrase my wordhe use the word DELISTED.. i tot is resorts suddenly wat goes wrong then kena PN17 and get delisted might get Privatized like maxis |
|
|
May 28 2008, 04:24 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
bleeding nicely but some counter never moved (the one i'm eyeing for)
|
|
|
May 28 2008, 04:25 PM
|
|
Junior Member
194 posts Joined: Apr 2007
|
Genting at Rm5.70 now
|
|
|
May 28 2008, 04:28 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
Genting & IOI - makes CI bleeds badly
BJTOTO and Tenaga helping sustain CI above 1260 |
|
|
May 28 2008, 04:30 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Very bearish...
|
|
|
May 28 2008, 04:33 PM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
aiyah...sapcres dowan to let me buy @1.35 but PBBANK is getting nearer to my price....drop a bit more pls (dun c tat happening)...hehehehehe
|
|
|
May 28 2008, 04:36 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
me MRCB Q @ 1.38, still far away.. hehehe.
|
|
|
May 28 2008, 04:55 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 28 2008, 03:43 PM) He got it already. yes, if i were you, i will wait till tomorrow judgement day.I lose clue which price should I get Genting now, 5.75? No Q yet for today. May be seeing tomorrow 'judgement day' will more clearer. Kind of must get this time around. betting for the worse, assuming the Q1 result is poor, probably can expect some more down fall in the price, after that, it is about time to pick up. 5.50-5.60 |
|
|
May 28 2008, 05:01 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
last minute both genting and resort get push down to close at lowest.. good job
This post has been edited by aretla: May 28 2008, 05:02 PM |
|
|
May 28 2008, 05:03 PM
|
|
Junior Member
194 posts Joined: Apr 2007
|
Resort at Rm3.20
|
|
|
May 28 2008, 05:03 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
RESORTS at 3.20 ; GENTING at 5.75
woohoo! p/s: ter-nampak AIRASIA, 0.985 |
|
|
May 28 2008, 05:05 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
and 1260 maintained.. fantastic
|
|
|
May 28 2008, 05:07 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
Might have a tech rebound to suck in all the suckers who will eventually will get suckered
|
|
|
May 28 2008, 05:08 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(dsugums @ May 28 2008, 05:07 PM) Might have a tech rebound to suck in all the suckers who will eventually will get suckered taiko, please la, don't confuse us. Your words is too "deep" to understand... |
|
|
May 28 2008, 05:09 PM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
QUOTE(dsugums @ May 28 2008, 05:07 PM) Might have a tech rebound to suck in all the suckers who will eventually will get suckered haha.. a word can become a verb, noun then verb again |
|
|
May 28 2008, 05:15 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 28 2008, 05:03 PM) RESORTS at 3.20 ; GENTING at 5.75 All blue chips becomes red chips today.woohoo! p/s: ter-nampak AIRASIA, 0.985 |
|
|
May 28 2008, 05:15 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(dsugums @ May 28 2008, 05:07 PM) Might have a tech rebound to suck in all the suckers who will eventually will get suckered any plans to take up GENTING again?tomorrow or friday probably a good time to enter |
|
|
May 28 2008, 05:16 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(dsugums @ May 28 2008, 05:15 PM) All blue chips becomes red chips today. RED chip in "Casino" is a big chip, no? |
|
|
May 28 2008, 05:19 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(zamans98 @ May 28 2008, 05:16 PM) RED chip in "Casino" is a big chip, no? i prefer Pringles potato chip. (okok, no harm to blah a bit after whole day working) |
|
|
May 28 2008, 05:41 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 28 2008, 04:55 PM) yes, if i were you, i will wait till tomorrow judgement day. Roger, Q 5.50 tomorrow. betting for the worse, assuming the Q1 result is poor, probably can expect some more down fall in the price, after that, it is about time to pick up. 5.50-5.60 Sorry mate out there, don't mean want to see others's share dropping. Added on May 28, 2008, 5:42 pm QUOTE(panasonic88 @ May 28 2008, 05:19 PM) i prefer Pringles potato chip. (okok, no harm to blah a bit after whole day working) LOL, blue chip become potato chip. This post has been edited by cherroy: May 28 2008, 05:42 PM |
|
|
May 28 2008, 06:08 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
all contract become tissue papar oledi .......
This post has been edited by chen9wei: May 28 2008, 06:09 PM |
|
|
May 28 2008, 06:15 PM
|
|
Junior Member
392 posts Joined: Dec 2007
|
QUOTE(chen9wei @ May 28 2008, 06:08 PM) all contract become tissue papar oledi ....... you cannot use that to rub your ***, I'm sure you will b bleeding... |
|
|
May 28 2008, 06:19 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 28 2008, 05:15 PM) any plans to take up GENTING again? I might enter whn Genting finds its bottom or its underwear (which seems lost for now; even my old underwear given not helpful). Meanwhile, I will try to exit the market until the political situation returns to normal. Daily my stakes are being eroded by few percentage points tomorrow or friday probably a good time to enter On another note, planning to sell off all my stakes by this week to cut loss and re-enter when market is at rock bottom (lose some now and gain much later). Market turning really bearish at the moment. It is really alarming when blue chips are trading below their 52 weeks low and very eager to find lower low. When FFM runs away helter-skelter, it is advisable to join in the stampede instead of getting stampeded. This post has been edited by dsugums: May 28 2008, 06:32 PM |
|
|
May 28 2008, 06:26 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Sime Darby net profit doubles. GDP is 7.1%; CPI and PPI are increasing. BN maintains that inflation is under control.
This post has been edited by AdamG1981: May 28 2008, 06:30 PM |
|
|
May 28 2008, 07:17 PM
|
Senior Member
3,403 posts Joined: Jan 2003 From: Damansara<-->AnField
|
QUOTE(dsugums @ May 28 2008, 06:19 PM) I might enter whn Genting finds its bottom or its underwear (which seems lost for now; even my old underwear given not helpful). Meanwhile, I will try to exit the market until the political situation returns to normal. Daily my stakes are being eroded by few percentage points You will never know/see the bottom. It is hard to time that correctly. On another note, planning to sell off all my stakes by this week to cut loss and re-enter when market is at rock bottom (lose some now and gain much later). Market turning really bearish at the moment. It is really alarming when blue chips are trading below their 52 weeks low and very eager to find lower low. When FFM runs away helter-skelter, it is advisable to join in the stampede instead of getting stampeded. Anyhow, my advice is to average down on good fundamental stocks. Stock like Sime Darby, TM & Genting should be able to guide you thru the storm if you have the $$$ to park for a long term investment. I don't view and don't think the bottom is here yet. It's going to be a long journey. (2008 might be a cautious year for China & the rest of the world) |
|
|
May 28 2008, 09:02 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(dsugums @ May 28 2008, 06:19 PM) I might enter whn Genting finds its bottom or its underwear (which seems lost for now; even my old underwear given not helpful). Meanwhile, I will try to exit the market until the political situation returns to normal. Daily my stakes are being eroded by few percentage points Don't be so bearish and losing hope, cheer up. On another note, planning to sell off all my stakes by this week to cut loss and re-enter when market is at rock bottom (lose some now and gain much later). Market turning really bearish at the moment. It is really alarming when blue chips are trading below their 52 weeks low and very eager to find lower low. When FFM runs away helter-skelter, it is advisable to join in the stampede instead of getting stampeded. Not all counters are down even though market is bearish at the moment. Those buying Pbbank one few months back and others stocks still gaining at the moment even though market sentiment is poor. The problem is no one knows the bottom. Now it might be already at the bottom or it might not and bottom still long way to go, who's know and one never knows until it is too late. The main issue is your holding stock fundamentally is still intact, then not much worry. That's why we need to look at financial report as a clue to determine one stock fundamental. |
|
|
May 28 2008, 09:07 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(AdamG1981 @ May 28 2008, 06:26 PM) Sime Darby net profit doubles. GDP is 7.1%; CPI and PPI are increasing. BN maintains that inflation is under control. Inflation under control? Yup, may be, under control with foods price up 20-30% in few months time while petrol situation/implicaton still not yet know, under control at 20%, quite correct. Anyone believe the mechanism used to calculate inflation rate as reported 3%? I knows it is perfectly correct in term of computation, but those number is still a number, the real effect on your pocket is the public concern of, not statistical number! For Sime Darby result, you can't say its profit doubles compared to previous year as previously year, it is only Sime Darby alone, not yet merged), now, it is Sime + Ghope + Guthrie + H&L. Sorry I don't yet read the figure/news about it, so don't know the actuall situation, please correct me if I am wrong. Just the word 'doubles' need to be scrutinised carefully. This post has been edited by cherroy: May 28 2008, 09:09 PM |
|
|
May 28 2008, 09:17 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
what i fear now is when the government announce the increase of fuel price. Sure CI will become red red .
|
|
|
May 28 2008, 09:18 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
ALmost bought SSTEEL at 3.36 yest...reallly glad i didnt buy it ^^....wennt for sapcres instead at 1.39 and HUANN at 0.685 >.< still losing..hope by friday can rebound to profit price
|
|
|
May 28 2008, 09:24 PM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
Should i take revenge on TM now ? Seems very low oledi .
|
|
|
May 28 2008, 09:51 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(chen9wei @ May 28 2008, 09:24 PM) Should i take revenge on TM now ? Seems very low oledi . Dont be deceived by the low price. Nowadays KLSE uses Airasia slogan "Everyday low price" and "Everyone can fly (to Holland)" |
|
|
May 28 2008, 09:55 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(dsugums @ May 28 2008, 09:51 PM) Dont be deceived by the low price. Nowadays KLSE uses Airasia slogan "Everyday low price" and "Everyone can fly (to Holland)" lol blaming on AA slogan This post has been edited by panasonic88: May 28 2008, 09:55 PM |
|
|
May 28 2008, 09:56 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(cherroy @ May 28 2008, 09:02 PM) Don't be so bearish and losing hope, cheer up. True. Cannot judge the stock market across the board. Need to pick up some good stocks after I do some spring cleaning. But again, Malaysian stocks majority lacks integrity unlike the USA. Not all counters are down even though market is bearish at the moment. Those buying Pbbank one few months back and others stocks still gaining at the moment even though market sentiment is poor. The problem is no one knows the bottom. Now it might be already at the bottom or it might not and bottom still long way to go, who's know and one never knows until it is too late. The main issue is your holding stock fundamentally is still intact, then not much worry. That's why we need to look at financial report as a clue to determine one stock fundamental. I think Tenaga (and other utilities stocks) is the best stock available at the moment, you cant live without them |
|
|
May 28 2008, 09:58 PM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(dsugums @ May 28 2008, 09:51 PM) Dont be deceived by the low price. Nowadays KLSE uses Airasia slogan "Everyday low price" and "Everyone can fly (to Holland)" But must also remember Airasia's offer are limited, and once u miss the boat it might take a while to come back |
|
|
May 28 2008, 10:06 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
My pick for good stocks as per Warren Buffet style
1) Tenaga (can't live without electricty) 2) Bernas (can't live without nasi lemak, nasi ayam and nasi kandar) 3) KPS/KHSB/Puncak (need water to drink, ignore this stocks if you drink telaga, river or septic tank water) 4) Petgas (unless you use kayu arang or kayu api can ignore this stock) 5) KTM: Kuda (Tanjong), Toto (BJtoto), Magnum (malaysians will die if dont punt; like us punting KLSE). Genting out of the list because need to climb bukit to punt, hassle. 6) PLUS (still need to use the toll roads since all federal roads converted into PLUS highway) 7) POS (still need to send letters unless you can train your own pigeons to deliver letters) 8) Please do inflate the list if you find any other stocks that we can't live without. (I omitted PBB because I can keep my cash under my pillow; I dont trust bankers) Added on May 28, 2008, 10:22 pm QUOTE(PBB boleh @ May 28 2008, 09:58 PM) But must also remember Airasia's offer are limited, and once u miss the boat it might take a while to come back I am using japanese candle stick pattern and chart pattern to punt/invest. At least can estimate the bottom/ peak and trendline of the stocks. Genting and TM still not yet bottom out and no reversal yet. Sometimes I feel that we can make more money punting PN17 stocks if can pick up at rock bottom price This post has been edited by dsugums: May 28 2008, 10:28 PM |
|
|
May 28 2008, 10:43 PM
|
|
Junior Member
132 posts Joined: Nov 2005
|
aiya dun buy pn17 stocks...it is worse than rempit hehe
|
|
|
May 28 2008, 11:19 PM
|
|
Junior Member
392 posts Joined: Dec 2007
|
mat rempit... can rob all ur money...
|
|
|
May 28 2008, 11:39 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(dsugums @ May 28 2008, 10:06 PM) My pick for good stocks as per Warren Buffet style Warren Buffet style is not like that. Warren Buffet only invest in those company that are competitive and strong on its own. 1) Tenaga (can't live without electricty) 2) Bernas (can't live without nasi lemak, nasi ayam and nasi kandar) 3) KPS/KHSB/Puncak (need water to drink, ignore this stocks if you drink telaga, river or septic tank water) 4) Petgas (unless you use kayu arang or kayu api can ignore this stock) 5) KTM: Kuda (Tanjong), Toto (BJtoto), Magnum (malaysians will die if dont punt; like us punting KLSE). Genting out of the list because need to climb bukit to punt, hassle. 6) PLUS (still need to use the toll roads since all federal roads converted into PLUS highway) 7) POS (still need to send letters unless you can train your own pigeons to deliver letters) Sorry, no offence, your above pick are almost consist of GLCs which relied heavily on gov assistance for them to be profitable. Don't get me wrong, one still can gain through these stocks if timing is right. Look at their (most GLCs although not all) history over the long term chart then a simple graph is much better a thosand word to describe. |
|
|
May 28 2008, 11:53 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(greddym3 @ May 28 2008, 10:43 PM) aiya dun buy pn17 stocks...it is worse than rempit hehe Lol, we have 1 big rempit minister (KJ)Given any point of time, PN17 at rock bottom earns you better but also need to remember to play when its hot and dirt cheap. Means Fast In, Fast out. This is punt/gambling. Fundamental strong stocks is for long term investment. |
|
|
May 29 2008, 12:05 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(zamans98 @ May 28 2008, 11:53 PM) Lol, we have 1 big rempit minister (KJ) i think pandai play oso risky ^^ anytime the company can go kapoofGiven any point of time, PN17 at rock bottom earns you better but also need to remember to play when its hot and dirt cheap. Means Fast In, Fast out. This is punt/gambling. Fundamental strong stocks is for long term investment. |
|
|
May 29 2008, 08:33 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Today red red again....
|
|
|
May 29 2008, 08:39 AM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(zamans98 @ May 28 2008, 11:53 PM) Lol, we have 1 big rempit minister (KJ) Good time punting for Time, already bottom out at 0.18. Volume very good if want to exit fast. For ultra short term punting at your own risk! Given any point of time, PN17 at rock bottom earns you better but also need to remember to play when its hot and dirt cheap. Means Fast In, Fast out. This is punt/gambling. Fundamental strong stocks is for long term investment. |
|
|
May 29 2008, 08:52 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(AdamG1981 @ May 29 2008, 08:33 AM) Today red red again.... today red red again? should b green wat >.< rebound!! |
|
|
May 29 2008, 08:54 AM
|
|
Senior Member
1,404 posts Joined: Jun 2005
|
KHSB profit surge 4000%+ !!! stock of the day for today
(Not asking u to buy) |
|
|
May 29 2008, 08:56 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(Mikiyo @ May 28 2008, 05:52 PM) today red red again? should b green wat >.< rebound!! Might be green at first, but will drop back down to red.. Tenaga downgraded, Genting selling off its best performing asset. This post has been edited by AdamG1981: May 29 2008, 09:01 AM |
|
|
May 29 2008, 08:59 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
I'm in with TIME (4456). Profit company now. Should be out of PN17 in couple of month.
Good volume oso. Low @ 0.18c |
|
|
May 29 2008, 09:03 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(AdamG1981 @ May 29 2008, 08:56 AM) Might be green at first, but will drop back down to red.. Market super gree now!!! Tenaga downgraded, Genting selling off its best performing asset. time to sell soon! |
|
|
May 29 2008, 09:04 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
WOW, fast GREEN +4.63 pts now . WOW again
|
|
|
May 29 2008, 09:06 AM
|
|
Senior Member
4,897 posts Joined: Aug 2005
|
genting up
|
|
|
May 29 2008, 09:06 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(zamans98 @ May 29 2008, 09:04 AM) WOW, fast GREEN +4.63 pts now . WOW again +6 already! IOICORP rebound d...CI rebound oso!! |
|
|
May 29 2008, 09:06 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
CITIGRP-C1, trading heavy. 2000-8000 lots done each time.
Gila! Added on May 29, 2008, 9:09 amamazing. Genting +15c SIME +10c KLK +20c IOI +20c Panamy +40c PPB +40c No wonder. CI component rebound. This post has been edited by zamans98: May 29 2008, 09:09 AM |
|
|
May 29 2008, 09:12 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(zamans98 @ May 29 2008, 09:06 AM) CITIGRP-C1, trading heavy. 2000-8000 lots done each time. High volume!! good good! i think the CI can sustaiin ^^Gila! Added on May 29, 2008, 9:09 amamazing. Genting +15c SIME +10c KLK +20c IOI +20c Panamy +40c PPB +40c No wonder. CI component rebound. Added on May 29, 2008, 9:23 ampeople are beginning to buy less and less >.< This post has been edited by Mikiyo: May 29 2008, 09:23 AM |
|
|
May 29 2008, 09:23 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Run, take your profit!
|
|
|
May 29 2008, 09:34 AM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
anyone got info about TOMEI ? Exdate tomorrow .
|
|
|
May 29 2008, 09:34 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(AdamG1981 @ May 29 2008, 09:23 AM) Run, take your profit! Still got 1 more day!! i believe tmr is a lucky day as well trying to sell at break even price also cannot |
|
|
May 29 2008, 09:39 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Tomorrow dangerous....alot of U.S economic data is out.
|
|
|
May 29 2008, 09:39 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
aiks...sell ar...lose again >.<
|
|
|
May 29 2008, 09:41 AM
|
|
Senior Member
923 posts Joined: Nov 2004 From: KK, Sabah --> Hk (HKU)
|
QUOTE(chen9wei @ May 29 2008, 09:34 AM) anyone got info about TOMEI ? Exdate tomorrow . Anyone ? Planning to change strategy to play dividen counter liao ... |
|
|
May 29 2008, 09:42 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(chen9wei @ May 29 2008, 09:41 AM) Anyone ? Planning to change strategy to play dividen counter liao ... Dividen counter...hard to play leh >.< never know what will happen after that |
|
|
May 29 2008, 09:47 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
U.S Feds warn; interest rate will increase sooner or later!
|
|
|
May 29 2008, 09:48 AM
|
|
Senior Member
2,656 posts Joined: Nov 2004
|
QUOTE(AdamG1981 @ May 29 2008, 09:47 AM) U.S Feds warn; interest rate will increase sooner or later! Dont you think Fed is slapping his own face? They're pumping more money into financial institution and people, yet they raise interest rates... Who the hell is going to borrow from them then? |
|
|
May 29 2008, 09:54 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(keith_hjinhoh @ May 28 2008, 06:48 PM) Dont you think Fed is slapping his own face? Exactly, they are fueling the inflation, allowing the dollar to dip, and now they want to reverse their rate cuts. Genious. Tomorrow's the CPI numbers will come out, and they will say "oops, inflation too high!" . No wonder Mishkin left. Bunch of retards running the Fed Reserve.They're pumping more money into financial institution and people, yet they raise interest rates... Who the hell is going to borrow from them then? This post has been edited by AdamG1981: May 29 2008, 09:56 AM |
|
|
May 29 2008, 09:54 AM
|
|
Senior Member
1,404 posts Joined: Jun 2005
|
KLSE losing steam again... Sell n Run
|
|
|
May 29 2008, 09:57 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Another "fake" rally for the CI. Seriously folks, the 2nd half of the year will be disastrous especially major export partners of Malaysia begins to suffer an economic slowdown due to higher inflation and slower growth.
TAKE PROFIT AND RUN! This post has been edited by AdamG1981: May 29 2008, 10:09 AM |
|
|
May 29 2008, 10:09 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(chen9wei @ May 29 2008, 09:34 AM) anyone got info about TOMEI ? Exdate tomorrow . QUOTE(chen9wei @ May 29 2008, 09:41 AM) Anyone ? Planning to change strategy to play dividen counter liao ... TOMEI a dividend counter?? you sure about that if you are looking for good dividend counter but cant afford expensive counters, you may consider YILAI (5048) P/E 8.43 DY % 0.10 (even higher than PBBANK, lol) downside is low liquidity, low volume slow and boring counter yet a steady dividend counter you judge yourself |
|
|
May 29 2008, 10:18 AM
|
|
Junior Member
194 posts Joined: Apr 2007
|
Resort at 3.16
This post has been edited by mlpk: May 29 2008, 10:19 AM |
|
|
May 29 2008, 10:22 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
Panamy is giving out Rm1.00 dividend again.
Downside is financial result for the lastest Q dipping a bit. TMI will be included in KLCI next week onwards. |
|
|
May 29 2008, 10:23 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Wow, profit taking pressure really high. CI red???!
|
|
|
May 29 2008, 10:24 AM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
Kenanga Today
RESULTS NOTES Sime Darby (BUY; RM9.25; TP: RM12.90) 9MFY08 results largely within expectations Asiatic Development (BUY; RM8.45; TP: RM10.00 1QFY08 results seasonally above expectations Resorts World (BUY; RM3.20; TP: RM4.84) 1Q08 within expectations Titan Chemicals (BUY; RM1.32; TP: RM2.28) 1Q08 net profit above expectations Parkson Holdings (BUY; RM6.40; TP: RM8.50)- 9MFY08 results within expectations Tan Chong Motor (BUY; RM1.98; TP: RM3.20) - Spectacular set of earnings |
|
|
May 29 2008, 10:25 AM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
but Yilai dividen is dropping...pls bear in mind.....
yeah...panamy is giving div again....ex date in Sept rite...been monitoring lately....still time to grab so will look how market performs tis few weeks...... -kedekut as usual- |
|
|
May 29 2008, 10:27 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
wahh PANAMY RM1.00 dividend
buy 1lot (100 shares) also can kutip RM100 dividend ang pow This post has been edited by panasonic88: May 29 2008, 10:27 AM |
|
|
May 29 2008, 10:27 AM
|
|
Senior Member
1,850 posts Joined: Jan 2003
|
QUOTE(cherroy @ May 29 2008, 10:22 AM) Panamy is giving out Rm1.00 dividend again. boss, Downside is financial result for the lastest Q dipping a bit. TMI will be included in KLCI next week onwards. can i use this calculation:- my buying price 10.50 therefore, RM1/10.50 x 0.74 (tax rate) = 7% dividend? |
|
|
May 29 2008, 10:31 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(Neo18 @ May 29 2008, 10:27 AM) boss, i also using that way to calculate DY.can i use this calculation:- my buying price 10.50 therefore, RM1/10.50 x 0.74 (tax rate) = 7% dividend? |
|
|
May 29 2008, 10:32 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(Neo18 @ May 29 2008, 10:24 AM) RESULTS NOTES Among them, I have been monitor Titan closely. NTA of company is around Rm2.20-2.30. Sime Darby (BUY; RM9.25; TP: RM12.90) 9MFY08 results largely within expectations Asiatic Development (BUY; RM8.45; TP: RM10.00 1QFY08 results seasonally above expectations Resorts World (BUY; RM3.20; TP: RM4.84) 1Q08 within expectations Titan Chemicals (BUY; RM1.32; TP: RM2.28) 1Q08 net profit above expectations Parkson Holdings (BUY; RM6.40; TP: RM8.50)- 9MFY08 results within expectations Tan Chong Motor (BUY; RM1.98; TP: RM3.20) - Spectacular set of earnings The low price of stock is because high oil price is hitting its cost badly so if oil price goes down, then it will benefit its profitability. Annual dividend is 6 cents so yield 4.6%. It is making plastic based material like PE & PP and is the biggest in the region. This post has been edited by cherroy: May 29 2008, 10:34 AM |
|
|
May 29 2008, 10:33 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(Neo18 @ May 29 2008, 10:27 AM) boss, Can also. Total for the year is Rm1.15.can i use this calculation:- my buying price 10.50 therefore, RM1/10.50 x 0.74 (tax rate) = 7% dividend? Genting is having its technical rebound after recent sell off. Don't know sustain or not, I think it much depends on how its financial result now. This post has been edited by cherroy: May 29 2008, 10:35 AM |
|
|
May 29 2008, 10:35 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
just checked out from bursa web
"PANAMY Proposed final dividend of 35 sen and special dividend of 65 sen per ordinary share of RM1.00 less 25% income tax. EX-date : 03/09/2008" ============ less 25% oh, not 26%. This post has been edited by panasonic88: May 29 2008, 10:37 AM |
|
|
May 29 2008, 10:40 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 29 2008, 10:33 AM) Can also. Total for the year is Rm1.15. i thought the result will be out on yesterday evening.Genting is having its technical rebound after recent sell off. Don't know sustain or not, I think it much depends on how its financial result now. perhaps by this evening we will know GENTING destiny. |
|
|
May 29 2008, 10:44 AM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
Genting 5.9 now....going back up....
today most warrants are down a lot.....usually....wat would affect the selling of warrants generally?? like market down, ff exits, etc?? any real relation?? |
|
|
May 29 2008, 10:46 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
My huaan is back to the price i bought it...should i sell it? SAPCRES moving?
This post has been edited by Mikiyo: May 29 2008, 10:48 AM |
|
|
May 29 2008, 10:49 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
AirAsia results today......
|
|
|
May 29 2008, 10:55 AM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(AdamG1981 @ May 29 2008, 10:49 AM) AirAsia results today...... Better be good |
|
|
May 29 2008, 10:57 AM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(kinwawa @ May 29 2008, 10:44 AM) Genting 5.9 now....going back up.... i read that, whenever a warrant is about to expiretoday most warrants are down a lot.....usually....wat would affect the selling of warrants generally?? like market down, ff exits, etc?? any real relation?? its price would be "controlled", surpressed what warrant are you looking at? |
|
|
May 29 2008, 10:59 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
SIME support CI well!
|
|
|
May 29 2008, 11:02 AM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
QUOTE(panasonic88 @ May 29 2008, 10:57 AM) i read that, whenever a warrant is about to expire symphny-waits price would be "controlled", surpressed what warrant are you looking at? big-wa (dropped to 0.35 now shoot back up to 0.60) insas-wa -to name a few- |
|
|
May 29 2008, 11:10 AM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
Just read Resorts financial result. Lastest Q result earning is 5.09 cents, annualised 20.36 cents, at current share price of 3.20, PE is about 15.7. Not cheap though nor expensive, a fair price.
|
|
|
May 29 2008, 11:11 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(Mikiyo @ May 28 2008, 07:55 PM) Better be good Everyday also low fare; so don't expect much! Oh, and AirAsia sold a call option (oil) at 88 USD per barrel. OUCH. This post has been edited by AdamG1981: May 29 2008, 11:12 AM |
|
|
May 29 2008, 11:14 AM
|
|
Senior Member
607 posts Joined: Mar 2008
|
Looks like a bear trap, dont get trapped now
|
|
|
May 29 2008, 11:25 AM
|
|
Senior Member
8,446 posts Joined: Nov 2005
|
What happen to Proton? I thought it's starting to have profit, how come the counter go the opposite way?
|
|
|
May 29 2008, 11:26 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Yup, it's a false rally. Be careful guys.
Added on May 29, 2008, 11:27 am QUOTE(jasontoh @ May 28 2008, 08:25 PM) What happen to Proton? I thought it's starting to have profit, how come the counter go the opposite way? Government is contemplating in increasing fuel prices by 40cents or maybe more. The expected demand for cars will then drop, thus the share price is reflecting that assumption.This post has been edited by AdamG1981: May 29 2008, 11:27 AM |
|
|
May 29 2008, 11:27 AM
|
|
Senior Member
713 posts Joined: Sep 2006 From: Long Island
|
so anyone catch genting today??
resorts results shows positive... |
|
|
May 29 2008, 11:30 AM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(aretla @ May 29 2008, 11:27 AM) so anyone catch genting today?? You are a brave soul to buy now.resorts results shows positive... |
|
|
May 29 2008, 11:30 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(aretla @ May 28 2008, 08:27 PM) so anyone catch genting today?? Not me. I am anticipating a slow growth in all of their operations going forward.resorts results shows positive... |
|
|
May 29 2008, 11:31 AM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
QUOTE(cherroy @ May 29 2008, 11:10 AM) Just read Resorts financial result. Lastest Q result earning is 5.09 cents, annualised 20.36 cents, at current share price of 3.20, PE is about 15.7. Not cheap though nor expensive, a fair price. QUOTE(aretla @ May 29 2008, 11:27 AM) so anyone catch genting today?? would you guys think that by selling its power business plus its own other funds, Genting is contemplating to buy over Resorts, so that it be able to get its cash freely?resorts results shows positive... |
|
|
May 29 2008, 11:32 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Euro 2008 coming soon. All pundits also watch football and no more Bursa for a month.
|
|
|
May 29 2008, 11:34 AM
|
|
Senior Member
5,587 posts Joined: May 2007 From: KL
|
QUOTE(AdamG1981 @ May 29 2008, 11:32 AM) Euro 2008 coming soon. All pundits also watch football and no more Bursa for a month. yeah, just like last year |
|
|
May 29 2008, 11:34 AM
|
|
Senior Member
1,120 posts Joined: Jul 2006
|
QUOTE(dsugums @ May 29 2008, 11:30 AM) You are a brave soul to buy now. well, resorts result is within expectation as it is operated as single entity.But genting as big whole operation group including other subsidiaries(genting int, subsidiaries in UK) as well may drag Genting whole profits. No doubt that resorts and asiatic will bring some profits to Genting whole operations income. Anyway, will be adviseable to wait until Genting result is out then it will be suitable time to buy it. Or use some portion capitals buy little now, average it when it drop/rise. |
|
|
May 29 2008, 11:34 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(sharesa @ May 28 2008, 08:31 PM) would you guys think that by selling its power business plus its own other funds, Genting is contemplating to buy over Resorts, so that it be able to get its cash freely? The power operations asset is highly supported by the government since the government subsidizes gas and oil. Upon the speculation that the government might cut subsidies some or even completely, Genting is most likely to sell to obtain a premium (assuming that happens) now rather than wait. And yes, this will give them liquid cash in its balance sheet for further acquistion or expansion or dividends? |
|
|
May 29 2008, 11:35 AM
|
|
Senior Member
566 posts Joined: Mar 2008
|
Buy when people fear...
But need to conquer own fear first |
|
|
May 29 2008, 11:36 AM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(PBB boleh @ May 29 2008, 11:35 AM) Buy when people fear... It is suicide mission for meBut need to conquer own fear first |
|
|
May 29 2008, 11:37 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(PBB boleh @ May 28 2008, 08:35 PM) Buy when people fear... Well said. But need to conquer own fear first |
|
|
May 29 2008, 11:44 AM
|
|
Senior Member
2,181 posts Joined: Oct 2007
|
Public Bank profit in Vietnam soars
VIENTIANE: Public Bank Bhd recorded a net profit of US$3mil for the financial year just ended, a 67% increase from the previous year's US$1.8 million. Country head Zulkiflee Abdullah attributed the better performance to the fast growing economy of Laos which registered an annual average income per capita growth of 7.6%. In the last five years we have registered a growth in profit of between 60% and 80% yearly, he told Bernama yesterday. Bernama |
|
|
May 29 2008, 11:47 AM
|
|
Senior Member
566 posts Joined: Mar 2008
|
Genting a GoGoGo
 ... at least for now |
|
|
May 29 2008, 11:51 AM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(PBB boleh @ May 29 2008, 11:47 AM) Genting a GoGoGo Looks like a trap. Yesterday the sell que was so heavy, now so light ... at least for now |
|
|
May 29 2008, 11:53 AM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(dsugums @ May 29 2008, 11:51 AM) Looks like a trap. Yesterday the sell que was so heavy, now so light Maybe 1Q result not as bad as expected? |
|
|
May 29 2008, 12:18 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
MAGNUM completed its privatisation, yesterday was the last trading day. closed at 3.42. it will be delisted from KLSE.
say goodbye to a good company. sigh. |
|
|
May 29 2008, 12:21 PM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 29 2008, 12:18 PM) MAGNUM completed its privatisation, yesterday was the last trading day. closed at 3.42. it will be delisted from KLSE. Hmmm... I hold some stock in that counter, do they sent me cheque directly or do I need to call my remiser?say goodbye to a good company. sigh. |
|
|
May 29 2008, 12:24 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(PBB boleh @ May 29 2008, 12:21 PM) Hmmm... I hold some stock in that counter, do they sent me cheque directly or do I need to call my remiser? i'd like to know how it works too. |
|
|
May 29 2008, 12:27 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 29 2008, 12:24 PM) i'd like to know how it works too. maybe they will give you a voucher to buy nombor ekor |
|
|
May 29 2008, 12:30 PM
|
|
Junior Member
392 posts Joined: Dec 2007
|
if you have RM1000 value share and they give you RM2000 value voucher, then ok what..
|
|
|
May 29 2008, 12:42 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
Market looks like to close near red. Any takers?? I use my old stokin busuk this time since i have no more old underwear
Dow futures still red This post has been edited by dsugums: May 29 2008, 12:44 PM |
|
|
May 29 2008, 12:47 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(PBB boleh @ May 28 2008, 08:53 PM) Maybe 1Q result not as bad as expected? Don't think so, if it is, then we would see heavy buying leading to today's earnings report. |
|
|
May 29 2008, 12:49 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(AdamG1981 @ May 29 2008, 12:47 PM) Don't think so, if it is, then we would see heavy buying leading to today's earnings report. yah, today mostly are small fish buying, no big lots yetno rush to buy GENTING wait for the big players to come into the picture first |
|
|
May 29 2008, 12:51 PM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 29 2008, 12:24 PM) i'd like to know how it works too. Pana, u holding some magnum also? |
|
|
May 29 2008, 12:55 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
i used to have MAGNUM, sold jor.
|
|
|
May 29 2008, 12:57 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
I bet my slipper that KLSE CI will end postive.
Any takers? |
|
|
May 29 2008, 01:03 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(zamans98 @ May 29 2008, 12:57 PM) I bet my slipper that KLSE CI will end postive. The bet is on. I lose, I give you my stokin busuk. I win, I take ur slipper Any takers? |
|
|
May 29 2008, 01:05 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(dsugums @ May 28 2008, 10:03 PM) The bet is on. I lose, I give you my stokin busuk. I win, I take ur slipper I'll say it goes red. If i lose, i give you my used boxers. This post has been edited by AdamG1981: May 29 2008, 01:06 PM |
|
|
May 29 2008, 01:08 PM
|
|
Senior Member
607 posts Joined: Mar 2008
|
QUOTE(AdamG1981 @ May 29 2008, 01:05 PM) I'll say it goes red. If i lose, i give you my used boxers. Wahh, so many people interested in lowyat.net type FKLI |
|
|
May 29 2008, 01:15 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
But, it will be 'challenging' to cut the budget deficit to 3.1 per cent of GDP this year as rising oil prices swell the fuel subsidy, says a minister
MALAYSIA'S economic growth will reach a target of 5 per cent to 6 per cent this year without special measures as the countrys manufacturing and agriculture industries expand, the government said. Theres no need for a specific plan to bolster growth because the fallout from the US subprime crisis hasnt reached Malaysia, Second Finance Minister Tan Sri Nor Mohamed Yakcop told reporters outside the capital Kuala Lumpur today. Im very confident we can achieve the target based on the policies we are taking, Nor said. Malaysia, Southeast Asias third-largest economy, grew a faster-than-expected 7.1 per cent in the first three months of 2008 from a year earlier, the central bank said yesterday. The economy expanded 6.3 per cent in 2007. Nor also said it will be challenging to reduce the budget deficit to 3.1 per cent of gross domestic product this year from 3.2 per cent in 2007 as rising oil prices swell the governments fuel subsidy. We are facing daunting challenges, Nor said. The governments fuel subsidy, which was about RM35 billion (US$11 billion) in 2007, may reach RM53 billion this year with oil at US$130 a barrel, Nor said May 22. - Bloomberg Tan Sri, how about inflation? How about worldwide inflation? Ever thought of that? Removing the subsidy will fuel inflation! SO BETTER THINK TWICE! Bigger budget deficit or higher CPI and PPI. Either way, the outlook for KLCI is BLEAK. This post has been edited by AdamG1981: May 29 2008, 01:18 PM |
|
|
May 29 2008, 01:16 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(PBB boleh @ May 29 2008, 12:21 PM) Hmmm... I hold some stock in that counter, do they sent me cheque directly or do I need to call my remiser? This is a selective capital repayment exercice.just sit tight and wait,a cheque will arrive in your mail box. |
|
|
May 29 2008, 01:42 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(AdamG1981 @ May 29 2008, 01:05 PM) I'll say it goes red. If i lose, i give you my used boxers. I say its green or not i give u my slipper too ^^ |
|
|
May 29 2008, 01:43 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(AdamG1981 @ May 29 2008, 01:15 PM) Removing the subsidy will fuel inflation! SO BETTER THINK TWICE! Bigger budget deficit or higher CPI and PPI. Either way, the outlook for KLCI is BLEAK. Either way is bleak, no escape route at the moment. Quite correct. Stock market won't tumble without any reason, if future is bright and good ahead, do you think Genting share would fall from more than 8.00 to now less than 6.00? Market will take care of itself and it is a future discount mechanism ie. current stock price is reflecting 6 month to 1 year ahead situation.But gov only tell half of the story, as oil price keep on surging, Petronas is making tons of money from it which Malaysia should benefit from it. You have more subsidy paying out but you are still earning more from the source of it. So breakeven only for the gov if gov is using its resources more properly, less wastage. Please don't buy a screw driver that cost Rm200 will do. Until now, Malaysia is a net exported of oil (not yet as net importer but projected to be in next 5 years if production and consumption level as same as predicted). Don't get me wrong, I know it is not sustainable in long run with high subsidy around. Just to highlight the half story issue. This post has been edited by cherroy: May 29 2008, 01:45 PM |
|
|
May 29 2008, 01:52 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(cherroy @ May 28 2008, 10:43 PM) Either way is bleak, no escape route at the moment. Quite correct. Stock market won't tumble without any reason, if future is bright and good ahead, do you think Genting share would fall from more than 8.00 to now less than 6.00? Market will take care of itself and it is a future discount mechanism ie. current stock price is reflecting 6 month to 1 year ahead situation. IT's the government's fault to create artificial demand. IF i am not mistaken, private consumption increased last quarter, from auto sales to construction. Take away the subsidy, and all those gains will be wiped out. But gov only tell half of the story, as oil price keep on surging, Petronas is making tons of money from it which Malaysia should benefit from it. You have more subsidy paying out but you are still earning more from the source of it. So breakeven only for the gov if gov is using its resources more properly, less wastage. Please don't buy a screw driver that cost Rm200 will do. Until now, Malaysia is a net exported of oil (not yet as net importer but projected to be in next 5 years if production and consumption level as same as predicted). Don't get me wrong, I know it is not sustainable in long run with high subsidy around. Just to highlight the half story issue. Technically, with 7.1 % GDP growth, budget deficit of 3.1% GDP, and inflation rate of 2.3%; is our economy growing or slowing down? Petronas might earn a lot of money, but so far couple of states are owed billions in royalties that have not been paid. This post has been edited by AdamG1981: May 29 2008, 01:56 PM |
|
|
May 29 2008, 02:05 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(AdamG1981 @ May 29 2008, 01:52 PM) IT's the government's fault to create artificial demand. IF i am not mistaken, private consumption increased last quarter, from auto sales to construction. Take away the subsidy, and all those gains will be wiped out. One reason for private consumption increment is because of massive paid rise for gov servant. Those salary increment is being spent out and circulate in the economy system. That's one of the reason why 7.1% is achieved. Technically, with 7.1 % GDP growth, budget deficit of 3.1% GDP, and inflation rate of 2.3%; is our economy growing or slowing down? Petronas might earn a lot of money, but so far couple of states are owed billions in royalties that have not been paid. But it affects the gov budget deficit over the long run as more and more gov servant being hired. We have more than 1 millions people are working under gov or gov related agencies with total population of 20+ million (including kids, retired people) |
|
|
May 29 2008, 02:07 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(PBB boleh @ May 29 2008, 12:21 PM) Hmmm... I hold some stock in that counter, do they sent me cheque directly or do I need to call my remiser? mate, i checked out with my dad during lunch just nowhe has 150 lots of MAGNUM at 2.xx averagely, he said they will send you cheque and seems like MAGNUM is going to give another final round of dividends (didnt announce how much yet) fat fat pocket yeah |
|
|
May 29 2008, 02:09 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(cherroy @ May 28 2008, 11:05 PM) One reason for private consumption increment is because of massive paid rise for gov servant. Those salary increment is being spent out and circulate in the economy system. That's one of the reason why 7.1% is achieved. But it affects the gov budget deficit over the long run as more and more gov servant being hired. We have more than 1 millions people are working under gov or gov related agencies with total population of 20+ million (including kids, retired people) Sigh, we are doomed, this administration doesn't know the very first thing about finance and economics. |
|
|
May 29 2008, 02:21 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(panasonic88 @ May 29 2008, 02:07 PM) mate, i checked out with my dad during lunch just now No leh,Magnum has not declared any dividend prior to the capital repayment .So Magnum shareholders(except MPHB) will only receive the 3.45 per share,and habis cerita liao.he has 150 lots of MAGNUM at 2.xx averagely, he said they will send you cheque and seems like MAGNUM is going to give another final round of dividends (didnt announce how much yet) fat fat pocket yeah |
|
|
May 29 2008, 02:21 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 29 2008, 02:07 PM) mate, i checked out with my dad during lunch just now When they reached the mandatory take-over (owning more than 90%) then it will trigger automatically all remaning shareholders have to sell their shares to the party that privatise it disregard the reamaning 10% shareholders' wish.he has 150 lots of MAGNUM at 2.xx averagely, he said they will send you cheque and seems like MAGNUM is going to give another final round of dividends (didnt announce how much yet) fat fat pocket yeah So by right, they will send the cheque for the privatisation offer and debit your shares in the CDS. But I have no experience regarding it. So don't know whether existing shareholders need to do anything, may be Iklatmy can give out more accruate information about privatisation deal. By right on paper, shareholders don't need to do anything. |
|
|
May 29 2008, 02:26 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
shareholder just seat there and waiting for their 3.45 from MAGNUM
|
|
|
May 29 2008, 02:28 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(cherroy @ May 29 2008, 02:21 PM) When they reached the mandatory take-over (owning more than 90%) then it will trigger automatically all remaning shareholders have to sell their shares to the party that privatise it disregard the reamaning 10% shareholders' wish. I have already posted the answer in #464 above.So by right, they will send the cheque for the privatisation offer and debit your shares in the CDS. But I have no experience regarding it. So don't know whether existing shareholders need to do anything, may be Iklatmy can give out more accruate information about privatisation deal. By right on paper, shareholders don't need to do anything. |
|
|
May 29 2008, 02:34 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(lklatmy @ May 29 2008, 02:28 PM) I have already posted the answer in #464 above. Oppss, sorry didn't remember, will check back. Thanks.Somebody just make a wrong transaction in F&N, key in mistaken or what. Spotted because F&N is in my 'favourite page' list. This stock is around Rm9.00, somebody just sold 160 lots at 7.95. Force-sell also not like that mah. Those who bought instantly 10K+. Now back to 8.95. This post has been edited by cherroy: May 29 2008, 02:36 PM |
|
|
May 29 2008, 02:44 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
Lock your profits before its too late!
|
|
|
May 29 2008, 02:48 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 29 2008, 02:34 PM) Oppss, sorry didn't remember, will check back. Thanks. wow seriously?? the lucky bugger who grabbed it at 7.95 is laughing his ass out!!! Somebody just make a wrong transaction in F&N, key in mistaken or what. Spotted because F&N is in my 'favourite page' list. This stock is around Rm9.00, somebody just sold 160 lots at 7.95. Force-sell also not like that mah. Those who bought instantly 10K+. Now back to 8.95. |
|
|
May 29 2008, 02:52 PM
|
Senior Member
716 posts Joined: Jul 2006
|
QUOTE(panasonic88 @ May 29 2008, 02:48 PM) wow seriously?? the lucky bugger who grabbed it at 7.95 is laughing his ass out!!! The one that key in wrongly will be thinking to suicide now... |
|
|
May 29 2008, 02:52 PM
|
Junior Member
162 posts Joined: Nov 2004 From: Penang
|
QUOTE(cherroy @ May 29 2008, 03:34 PM) Oppss, sorry didn't remember, will check back. Thanks. I dont that people will get to buy at 7.95. It will be first person in next queue grab it... if the queue is at RM8.00 then it is sold at RM8.00... same goes to buyer. Will clear the first buy/sell queue first... just my understanding...Somebody just make a wrong transaction in F&N, key in mistaken or what. Spotted because F&N is in my 'favourite page' list. This stock is around Rm9.00, somebody just sold 160 lots at 7.95. Force-sell also not like that mah. Those who bought instantly 10K+. Now back to 8.95. |
|
|
May 29 2008, 02:53 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(panasonic88 @ May 29 2008, 02:48 PM) wow seriously?? the lucky bugger who grabbed it at 7.95 is laughing his ass out!!! Some unlucky bugger will have to bear the loss leh,either the Remisier or the client if he keyed in himself using internet.Be very careful if you are doing internet trading. |
|
|
May 29 2008, 02:57 PM
|
|
Senior Member
2,932 posts Joined: Sep 2007
|
QUOTE(lklatmy @ May 29 2008, 02:53 PM) Some unlucky bugger will have to bear the loss leh,either the Remisier or the client if he keyed in himself using internet. Take at least 5 seconds before hitting the confirm button...Be very careful if you are doing internet trading. |
|
|
May 29 2008, 02:57 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(lklatmy @ May 29 2008, 02:53 PM) Some unlucky bugger will have to bear the loss leh,either the Remisier or the client if he keyed in himself using internet. It better be the remisier's fault ^^ or not the guy would reallllly kill himself XD....i think got ppl gonna lose their boxers d Be very careful if you are doing internet trading. but volume low T.T might lose slipper as well XDThis post has been edited by Mikiyo: May 29 2008, 02:58 PM |
|
|
May 29 2008, 02:57 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(JimJimKC @ May 29 2008, 02:52 PM) I dont that people will get to buy at 7.95. It will be first person in next queue grab it... if the queue is at RM8.00 then it is sold at RM8.00... same goes to buyer. Will clear the first buy/sell queue first... just my understanding... Because it was done one shot at 160 lots. So even you Q at 8.50 with 10 lots, you still will get done at 7.95, because the sellers key in 7.95, unless the buy Q at that time is more than 160 lots then it will be done at the best buyer price, if not (buy Q less than seller order) it will match the seller's wish price.Just found one interesting issue, the Genting buyer's withdraw at least 5000 lots on each Q at 5.90 and 5.85, previously more than 13-15K+ one, now all less than 10K. This post has been edited by cherroy: May 29 2008, 02:59 PM |
|
|
May 29 2008, 03:00 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(lklatmy @ May 29 2008, 02:53 PM) Some unlucky bugger will have to bear the loss leh,either the Remisier or the client if he keyed in himself using internet. you also have the becareful oh Be very careful if you are doing internet trading. |
|
|
May 29 2008, 03:00 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
CI very degil leh
|
|
|
May 29 2008, 03:01 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 29 2008, 03:00 PM) you also have the becareful oh you too pana ^^ pana....ure family very rich hor? can hold so many lots of magnum....Guys....gamuda drop a lot already...do u think i can enter? i scared got fake queue >.< |
|
|
May 29 2008, 03:01 PM
|
|
Junior Member
162 posts Joined: Nov 2004 From: Penang
|
QUOTE(cherroy @ May 29 2008, 03:57 PM) Because it was done one shot at 160 lots. So even you Q at 8.50 with 10 lots, you still will get done at 7.95, because the sellers key in 7.95, unless the buy Q at that time is more than 160 lots then it will be done at the best buyer price, if not (buy Q less than seller order) it will match the seller's wish price. korek korek korek... 160lots for >RM5 stock is quite huge also.... dang.. 10k... smells goodJust found one interesting issue, the Genting buyer's withdraw at least 5000 lots on each Q at 5.90 and 5.85, previously more than 13-15K+ one, now all less than 10K. |
|
|
May 29 2008, 03:01 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(AdamG1981 @ May 29 2008, 03:00 PM) CI very degil leh ure lucky boxers is it? |
|
|
May 29 2008, 03:02 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(cherroy @ May 29 2008, 02:57 PM) Because it was done one shot at 160 lots. So even you Q at 8.50 with 10 lots, you still will get done at 7.95, because the sellers key in 7.95, unless the buy Q at that time is more than 160 lots then it will be done at the best buyer price, if not (buy Q less than seller order) it will match the seller's wish price. ermmm what does that mean Just found one interesting issue, the Genting buyer's withdraw at least 5000 lots on each Q at 5.90 and 5.85, previously more than 13-15K+ one, now all less than 10K. |
|
|
May 29 2008, 03:02 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
QUOTE(JimJimKC @ May 29 2008, 03:01 PM) korek korek korek... 160lots for >RM5 stock is quite huge also.... dang.. 10k... smells good next time we queue early at RM7.5 see whether can get oso |
|
|
May 29 2008, 03:04 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(Mikiyo @ May 29 2008, 12:01 AM) ure lucky boxers is it? Haha, i'll keep my boxes on today. Technicals showing CI very weak now.... This post has been edited by AdamG1981: May 29 2008, 03:06 PM |
|
|
May 29 2008, 03:05 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(panasonic88 @ May 29 2008, 03:00 PM) you also have the becareful oh Oh yea TQ.We do make mistakes too especially in quiet market since less alert.But we have error account where no commission is charged,strictly for error only and the management is very very strict on this. |
|
|
May 29 2008, 03:08 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(lklatmy @ May 29 2008, 03:05 PM) Oh yea TQ.We do make mistakes too especially in quiet market since less alert. whoa error account...sounds new to me. But we have error account where no commission is charged,strictly for error only and the management is very very strict on this. by the way, i thought we tend to make mistake during rush hour (peak market), haha! |
|
|
May 29 2008, 03:12 PM
|
|
Senior Member
1,385 posts Joined: Mar 2008
|
i almost did a mistake before... but it was during a quiet time...cause ure mind tend to drift away during quiet time
dunno whether to sell or keep |
|
|
May 29 2008, 03:13 PM
|
|
Senior Member
2,932 posts Joined: Sep 2007
|
QUOTE(lklatmy @ May 29 2008, 03:05 PM) Oh yea TQ.We do make mistakes too especially in quiet market since less alert. From a software point of view, it should be easy enough to have a pop-up window if the amount differs from the last done price by say more than 5% that says: Are You Sure? The difference between 9.00 and 7.95 would have been caught, in theory But we have error account where no commission is charged,strictly for error only and the management is very very strict on this. BTW, if there is a loss (apart from the commission), who pays for the difference, or it is the customer's loss? |
|
|
May 29 2008, 03:15 PM
|
|
Senior Member
566 posts Joined: Mar 2008
|
QUOTE(panasonic88 @ May 29 2008, 02:07 PM) mate, i checked out with my dad during lunch just now he has 150 lots of MAGNUM at 2.xx averagely, he said they will send you cheque and seems like MAGNUM is going to give another final round of dividends (didnt announce how much yet) fat fat pocket yeah more bullets soon.Dividends huh, didnt hear any news on that I'll go ask around |
|
|
May 29 2008, 03:18 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(Mikiyo @ May 29 2008, 03:12 PM) i almost did a mistake before... but it was during a quiet time...cause ure mind tend to drift away during quiet time Yeah,precisely. dunno whether to sell or keep |
|
|
May 29 2008, 03:19 PM
|
|
VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
|
QUOTE(PBB boleh @ May 29 2008, 03:15 PM) more bullets soon.Dividends huh, didnt hear any news on that I'll go ask around regarding the dividends, ermm lklatmy says MAGNUM didnt declare anything, so probably it is just a rumour. but RM 3.45 per share would be in your pocket, that is for real |
|
|
May 29 2008, 03:20 PM
|
|
Senior Member
2,932 posts Joined: Sep 2007
|
I think Genting may have reached bottom, could be time to buy...
|
|
|
May 29 2008, 03:20 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(panasonic88 @ May 29 2008, 03:08 PM) whoa error account...sounds new to me. Then tell me which counter you are going to sell next time. by the way, i thought we tend to make mistake during rush hour (peak market), haha! There are a lot of people purposely Q in those low liquidity low volume counter that haven't many sellers and buyers between one, they always Q like when last done is 9.00 then buyer Q at 7.95 (like F&N) case, or last done 7.50, Q 6.45. etc. It is like 'fishing' game. This is not once this has happened, it happened many many times. Once it is become severe on one case, that some one mistakenly key in more than 1000 lots, wrong price with wrong lot! causing several hundred K of cost. That's why online trading portal doesn't allow retailers to have direct connection which all online trading orders are being routed to broking server first then only re-direct to KLSE trading system. There is a limit of the online trading site that allow one to key in how many lot also. More than that or credit limit, it doesn't allow it to go through. As they afraid someone mistakenly key in it. Even when we type sometime talk about 1,000 share then become 1000 lots. |
|
Topic ClosedOptions
|
| Change to: |  0.1455sec
 1.37
 6 queries
 GZIP Disabled
Time is now: 19th December 2025 - 09:32 AM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.