market seem to be up, for a moment before it drop. this is base on the chart

tkwfriend.. you start the thread too early. I guess forumers unaware of this.. as i see forumers still busy posting on the v14 thread

reporting in for version 15
finally version 15....

This post has been edited by dreams_achiever: Sep 2 2008, 01:50 PM

We are getting out of the V14 curse?
Or maybe not, after a check with the website. Haha.

huat ah, ong ah~~!!!!

reportin' in!

Finally move away with v14 liao.

Market can continue to slide down.

Crude oil price is plunging fast after Hurricane Gustav damaging is lesser than expected on oil field.

crude oil faster drop below $100 la...i'm xpecting another drop in fuel prices leh..... (wishful thinking)

cherroy......tomolo u r getting ur div for Panamy lo...when wanna belanja us yamcha?? hehehehe

Yam Cha, no problem.
May be go to KL time, can. Slowly wait ah, hehe.

Ah, you not KL-lang ar? Where you from wor?

I am at north one, that PM cancel most of the mega project.

anyone wanna in ranhill??

cherroy speaks hokkien, just like me!!! kaki lang

[OT}if v yam cha at Kayu, Penang ok ga??? maybe i will dropby Penang soon wor

btw...volume still soooooooooooo low...........sien jor....

for punting sake?

i heard that 16th Sept would be declared as public holiday, is that true or false?

This post has been edited by panasonic88: Sep 2 2008, 02:53 PM

they r 'suggesting' for pakatan-led state...aka...urs n cherroy's hometown included.....but not confirmed yet la....
but if someone become the new PM on sept 16.....i'm sure it will be a national holiday! hahahahaha

i'm from sarawak, therefore the independance day is 16 sept, not 31 august.

Welcome to new thread.

i also hokkien lang la...

tonight i want to go c MONEY STILL NOT ENOUGH 2!!!

Haha, that is surprising
I just went there during CNY, maybe going again the next few weeks. Hehe.

Count me in also. Kaki lang!
From Klang here

They said next year, which is under proposal.

I don't want to see another surprise holiday coming out again. This creates a lot of havoc and messy stuff on company business and factory production side.

It is much better all are planned ahead be it want or not want to be a holiday.

So many Kaki Lang.

ya...m'sia already soooooooooo many public holidays..........

ei...no hainanese here ar??? i so lonely leh......

Hokkien-kaki all so 'u lui'.....wa lang bo lui leh........

Reporting in to this V15 . Started my KLSE journey here.

Btw, I'm also another "kaki lang"

This post has been edited by speedguy10: Sep 2 2008, 04:04 PM

"Nong Di Ai Nam Nang" oh , haha , u wouldn't lonely ~

Guys , any opinion about SPSETIA stock ?

Thailand’s SET Index fell 1.86% or 12.53% points to 662.69 after the government imposed a
state of emergency in Bangkok.

Our Badawi also part Hailam.
I think I'm the only hokkien nyonya here.

---

Added on September 2, 2008, 3:58 pmPenang lucky island, most foreigners would consider for second home.
Like mentioned in today's newspaper article.

This post has been edited by sharesa: Sep 2 2008, 03:58 PM

No, its not right. Sarawak Independence day fall in July 22 ( 1963)

16 Sept is the real Independence day for MALAYSIA.

With another 'ruling' party, we have so many confusing holidays.
Malaysia actually have a lot of Hokkiens one, North, South, Central and East

Who say Hokkien lang 'u lui'? Many also suffering leh, I am one of them ma

Actually 31 August, 22 July, 16 sept also can la...as long as we have holidays la....else as mentioned for that 3 days are public holidays also can la ............

I'm not Sarawakian but just wanna know,
I thought that Sept 16 1963 is the day East & West Malaysia merged?

All sifus,

Thought today the share market should be " SUI SUI" la since the KLCI indeks up last friday .............but today didn't turned up as "SUI SUI" but to " BEH SUI" liao ...haizzzzzz........................

Any latest news why today share market not beautiful and now look like they are offering sales la .........

If you see the news about crude oil, you should know why our market going down lo.
Besides, the stimulus in the Budget isn't stimulating enough to sustain a rally.
We are also too close for comfort as we approach September 16th.

The 30 points rise on Friday is a last few hours jack up one.

There is no specific good point from the budget itself towards stock market. Instead the 4.8% budget deficit will ring the alarm bell in the eye of economist especially foreigners.

---

Added on September 2, 2008, 4:35 pmOil is plunging fast!
Now only 106.

But it will drag down KLCI though because of plantation stocks.

This post has been edited by cherroy: Sep 2 2008, 04:35 PM

yay! Oil drop , our pump prices also drop

Hmmm........look like KLCI will facing a hard time as compare to last few years back budget . The indeks went up before and after the budget been announced. Not for this year.

A bad omen for the budget.

Shell price up and able to give more dividend to me.

Btw, UOAreit is starting to catch my attention.

This post has been edited by cherroy: Sep 2 2008, 04:52 PM

UOAreit better than Starreit or Axreit?

Y JTINTERNATIONAL don move at all today? I tot it may go down

Without seeing the share price, Axreit is always my prefer choice. (My opinion only)

As UOAreit is now 1.06, with annualised of DPU roughly 9-9.5 cents, it becomes 8.96% gross yield and with 10% witholding next year, it carries 8.06% net yield, a more than 2x of 1 year FD rate of 3.7%.

So if below 1.00, I most probably will pick some as its NAV is 1.39 with 8.5% net yield which is pretty attractive at least for my personal prefer asset allocation.

UOAreit in my favourite list-liao..

UOA major sharehloder...MR.Quek Leng Chan

Wow, oil dropping. Hoping for more fuel cuts.

Checkin in for V15 btw.

wah so many hokien here...
haha i am 1 of them too....

Me being the only Hakka?out of the gang.haha....

Our KLSE is really unique. Oil price go up = bad. Oil price go down = also bad. No way in hell to win! Woohoo!

thanks for sharing, cherroy
UOAReit will be in my Favourite List as well


oil price go up will indirectly benefit plantation counters. vice versa.
it is about the timing you buy, i'd say, nowadays plantations are too-volatile to my liking.

Don't say I don't warn first, it is an extreme boring stock (5x, 10x boring than Panamy or dividend stock out there). I am aiming for the 8.5% distribution/dividend out of it only for long term. It is 2x and more better than 3.7% we are getting on FD with some more little risk on it.

The downside of UOA compared to Axreit is that UOA is heavily or almost enitrely depended on office rental space as its main source of revenue.

I hold no responsibility if go to Holland.

This post has been edited by cherroy: Sep 2 2008, 09:04 PM

@ panasonic88

Just feel that its unhealthy for KLSE to be so weighted down by plantation stocks IMHO as per the existing trend. I mean if oil prices drop, why must the entire market sentiment follow suite and go spiraling downwards? Lower oil prices is actually a good thing for many companies!

The main problem of KLSE is that there is limited choice to choose from the so called big blue chips company if one excludes those GLCs company. That's why KLCI is heavily depended on the several stocks movement because this bourse simply lack of really big cap company. We might have 1000 counter or more than 500 listed company, but take the top 10 big cap company already can overweight 300-400 company at the bottom cap one.

Oil and palm oil still make up a large chunck of economy of Malaysia.

Low oil price is good for everyone except oil producing country and company. Malaysia is a oil producing country so more and less will be affected by lower oil price.

But general public and company will welcome the lower oil price as it will lesser the burden of company as well as inflation problem.

I am hakka from sarawak

Looks like TM is in good track..


http://biz.thestar.com.my/news/story.asp?f...52&sec=business

Recent demerger of TELEKOM into TM and TMI will make us hard to do valuation on the stock as nobody actually clear about how the structure in TM and TMI. Therefore, it is hard to do analysis on the current and future PE of the stock. I think is good maybe to buy in for short term gain for the project.

Wow, oil down 7 usd...can we see CPO below 2000 this year? With more foreign funds exiting and more local funds selling to buy dollar, us equities, CI is going to fall from here on.

good. plus possibility of political tsunami @ 16th Sept, KLCI sure down below 1000points.
Time for stocks megasales in Sept.

Current oil price is how much ?

Puasa time liao.. this year passes so fast..
Next month will be Hari Raya, one month later school holiday, and then will be Chrismas cum 2009 celebration le. 23days later CNY also arrive.

Commodities are really going down for sure this time. Oil is easing off pretty fast right now. Goes up also pain, goes down also pain.

bookmark this, for your own reference

http://www.oil-price.net/index.php?lang=en

Thank you very much , it is very useful ~

i'm actually hoping for oil price to slide back to 90ish. It's better for everyone .

If that happens, USD will be 3.5 to MYR. Today's rate already 3.45. Not only that you will see Euro 1.4, and GBP 1.70

But your scenario will likely happen since oil came up fast from 100 to 147. So it's normal to see a retracement back to 100 dollars per barrel.



This post has been edited by AdamG1981: Sep 3 2008, 01:25 AM

alamak....i was just going to change some EURO leh.....now go up liao hahahaha......

but i hope Oil will cont to drop to USD80-85 level la...good for everyone....dun speculate n make it surge to >145 level again la pls!

looks like everyone is changing their taste to div. stock ya.....but REIT stock really too boring for me la.... 'wa beh tahan' hahahahhaa.......

pbbank, panamy, amway, etc...better for me

Aik , oil price drop but AA still red ?

their latest result not good ma...profit dropped a lot so ppl are cautious!

@ cherroy

Ah icic. Time to search for some fundamentally strong dividend counters to pick up if CPO continues to plunge!

the question is, good fundamental stocks prices are still staying solid like a rock. we need a little bit more patient

@ panasonic88

Yup. Cos many people got the same idea....... These shares like a 'safe haven' when KLSE like a 'casino' thesedays.......

becoz still got many rich people holding big sum of cash and waiting for good fundamental stock...

Example :

At last checking in on ver. 15

Market sure is boring these days.

Ya, these few days market sure be boring and hoping tis will not drag too long else will have a great impact to other also.

Anyway for those that have cash, it is time to target and aim.

no need rush la....sept 16 has nt arrived yet.........

Yup yup agree. Still need to wait for that day to come and see how the market react.

Source - TheStar

1.94 today?

This post has been edited by kbandito: Sep 3 2008, 11:54 AM

obviously, it is a bug. Just ignore it.
better refer to real-time online trading. 100% accurate.
or KLSE website (although there is some delay)

Or they mean previous year

Airasia share is under a lot of pressure after its poor lastest Q result.

My opinion is still that Datuk Tony has expanded AA too aggresively. The credit crunch and high fuel price, perhaps, caused 2 big holes in their grand master plan where they have plunged in million of investment to purchase the 100 unit aircraft. Though this counter offer attractive growth rate but I am still worry with its too-aggressive-expansion-plan. They might not have enough capacity (load factor?) to fill up the total/extra aircraft. Of course, I do not know why and what went wrong with their fuel hedging strategy where they used to be the best and suddenly turn into worse than MAS.

Yes, its debt has been ballooning.

So Airasia with increase in capacity need to find more customers to fill up aka to maintain its load factor which has been decreasing due to more aircraft purchased.
There is old news that they messy up with fuel hedging stragtegy previously by trading with it. Something like sell the futures contract (previously bought for hedging purposes) when oil price is high around 60-80, but who's know it continued to go higher, so they are not fully hedge their fuel cost at that time.
I remember its share price plunges after this news come out. I might be wrong, just remember bit by bit only.

You guys didn't know that Datuk Tony hedged his debt and now US rising fast and furious, dont you guys think he's losing alot in hedging against the greenback? His debt sure ballooning la

KUALA LUMPUR: Seadrill Ltd acquired 2.5 million shares of SapuraCrest Petroleum Bhd from Aug 25 to 29, increasing its total shareholding to 21.62% or 255.95 million shares.

Looks like Sapcres is supported well by Seadrill! Luckily i bought more when it dropped <1.3

Yay! Sapcres go - go -go!

Ranhill drop 9 9

Punishment for Sudan bad investment.
Not a small money but several hundred of millions.
Plus crude oil price drop also not good for oil companies, iiam.

Echoing

More news about Ranhill:
Losses totalled 719 million!!!!!!!!!
Let's look from an ownership perspective. The moment the boss buys everything, the boss would be in full control over the cash and debts. Yes, Ranill has a nice 960 million in its piggy bank but its total loans totals a whopping 3.529 billion! Yes, Ranill Bhd is in a whopping net debt of 2.569 billion! Which means by buying this company as it is, the boss would be effectively 2.569 billion in debts!

Article from Ze Moola: http://whereiszemoola.blogspot.com/2008/09...n-negative.html

nice, I saw an article in 2007/6 TheEdge stating that Ranhill would be a gold mine with its oil exploration abroad and could potentially earn up to Rm 2bil in revenue?
Eh how come the other way round now?!?

Credit Suisse tells investors to avoid Malaysia
KUALA LUMPUR, Sept 3 — International financial services group Credit Suisse has lumped Malaysia and Thailand, where a state of emergency has been declared, into the same category of politically unstable countries where investors should avoid buying stocks.

Bloomberg quoted a Credit Suisse brokerage report as saying a power struggle between Opposition Leader Datuk Seri Anwar Ibrahim and the government is heightening risks to the Malaysian economy.

“While we are a step closer to political conclusion, we really are none the wiser as to what that outcome will be,� Bloomberg quoted Stephen Hagger, a Kuala Lumpur based analyst at Credit Suisse, as writing in a report today.

Hagger wrote: “Malaysia offers some value versus the region, but it is not really cheap enough to justify the risks.�

Bloomberg also reported that other brokerages were forecasting tough times.

Southeast Asian markets have “not yet approached levels where visible risks have been fully discounted,'' Goldman Sachs Group Inc. was reported to have said in a Sept. 1 report, citing concerns over the political outlook in Malaysia and Thailand.

“We've been underweight in Thailand for the better part of the last two years because of a continuation of the negative domestic political sentiment,� Beat Lenherr, who oversees more than $20 billion (RM46 billion) of assets as Singapore-based chief global strategist at LGT Capital Management, told Bloomberg

“Malaysia faces similar problems and we're heavily underweight there as well.�



950 coming soon babehs!

---

Added on September 4, 2008, 8:52 amSome of you might wonder why I am so negative on our CI. Here's my technical analysis of FKLI (a precursor to KLCI)



Chart timeframe: 4 hr

Base on the chart above, you would see a head and shoulder forming, and you can see the green trendline as a neckline (approx 1020)


This is a classic chart pattern that signals a bearish trend; if the neckline of 1020 is broken, we might see a drop of additional 100 points, which brings us to 920

Additional warning signs,

5 EMA cuts below 20 EMA

Lower high, but higher high in stochs - hidden negative divergence.

Again, this is what i observed from the chart.

HAPPY trading!









This post has been edited by AdamG1981: Sep 4 2008, 08:52 AM

Usually i look into MACD instead of stochastic because the latter is more volatile(big movement) compare to MACD.

Negative divergence: I thought when indicator give lower high(MACD indicator: trend is lower) but the price is moving up against the trend(price: trend is up) then it is called negative divergence. Then in this stage, all traders need to be cautious and sell all. Correct me if im wrong.

go go SAPCRES!!!!

No, when the lower peak is formed, the stochs should show a lower peak in stochs, however, in this case, the chart showed a higher peak in stochs rather than a lower peak. Also, this is slow stochs, so it doesnt have that much noise. I don't use MACD much because i am mostly a daytrader and MACD sometimes is too slow for my liking.

Oh, and even the MACD histogram is showing divergence.

---

Added on September 4, 2008, 10:19 amJgn invest in Malaysia.

http://www.bloomberg.com/apps/news?pid=206...Bsr4&refer=home

Your money small, profit also small. Invest in US equities!

This post has been edited by AdamG1981: Sep 4 2008, 10:19 AM

it is gathering momentum

FKLI is discounting 25 points! compared to cash market.

Futures people are aniticipating KLCI to crash in this month of September.

Due to Sept 16??? Haha...time to prepare ur bullets....up up somemore this 2 weeks...then can sell n buy back later hehehehe

SMS rumors mentioning a pending general election. Don't know true or not

aiyoh! Less than a million shares traded in almost the first half session!

i read that BURSA might want to shorten the trading hours.

they are proposing something like 9.30AM start, 4.00 or 4.30PM close.

but haven't finalize yet, hhmmm.