Stock Market V18, Stock Market Chit Chat
Stock Market V18, Stock Market Chit Chat
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Nov 20 2008, 05:57 PM, updated 18y ago
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#1
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Senior Member
3,037 posts Joined: Jun 2007 |
And so here is V18. Surprised no one created after 125 pages.
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Nov 20 2008, 06:02 PM
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#2
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All Stars
52,874 posts Joined: Jan 2003 |
Congrat to TS.
v18 ... let's all fatt together! |
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Nov 20 2008, 06:06 PM
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#3
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Senior Member
1,491 posts Joined: Feb 2008 From: Pattaya,Thailand Status: Online |
pruttt....hahaa..
damn.strategic so low oni.. |
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Nov 20 2008, 06:06 PM
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#4
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Senior Member
2,972 posts Joined: Jul 2006 From: OSINT |
How to see DJI future?
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Nov 20 2008, 06:07 PM
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#5
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All Stars
52,874 posts Joined: Jan 2003 |
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Nov 20 2008, 06:09 PM
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#6
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2,972 posts Joined: Jul 2006 From: OSINT |
QUOTE(David83 @ Nov 20 2008, 06:07 PM) Thanks .. so fast as usual .. |
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Nov 20 2008, 06:09 PM
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#7
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All Stars
52,874 posts Joined: Jan 2003 |
DJIA future looks bad:
7,926.00 -101.00 |
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Nov 20 2008, 06:12 PM
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#8
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400 posts Joined: Jun 2007 |
wah, i thought someone said don't jinx v18???
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Nov 20 2008, 06:16 PM
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#9
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Senior Member
4,897 posts Joined: Aug 2005 |
V18
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Nov 20 2008, 06:41 PM
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Junior Member
205 posts Joined: Feb 2006 |
official one?
QUOTE(David83 @ Nov 20 2008, 06:07 PM) nice, do you have KLCI version |
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Nov 20 2008, 06:52 PM
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All Stars
52,874 posts Joined: Jan 2003 |
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Nov 20 2008, 06:56 PM
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3,037 posts Joined: Jun 2007 |
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Nov 20 2008, 06:59 PM
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Junior Member
376 posts Joined: Mar 2005 |
-111 only nothing much effect. if mana mana share boleh beli much drop another -888
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Nov 20 2008, 07:06 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 20 2008, 08:24 PM
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8,429 posts Joined: Nov 2005 |
Checking in.........so fast V18
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Nov 20 2008, 08:28 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
yo yo checking-in too!
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Nov 20 2008, 08:34 PM
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Senior Member
8,429 posts Joined: Nov 2005 |
18 = Sure fatt
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Nov 20 2008, 08:35 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
lol hopefully... !
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Nov 20 2008, 08:35 PM
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3,944 posts Joined: Jul 2008 |
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Nov 20 2008, 08:43 PM
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4,305 posts Joined: Sep 2008 |
yo... so fast all check in liao
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Nov 20 2008, 08:46 PM
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All Stars
23,851 posts Joined: Dec 2006 |
Land of promise. V18.
Let V 18 speaks for herself. |
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Nov 20 2008, 08:51 PM
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8,429 posts Joined: Nov 2005 |
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Nov 20 2008, 08:53 PM
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Senior Member
3,944 posts Joined: Jul 2008 |
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Nov 20 2008, 09:00 PM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
Ok, my first contribution to the new thread.
Where is the bottom for Zelan? I was asking myself this question so I did a check on the stock's recent performance and found that the drop started when the CEO started selling down his shares via Nobel Gem. You can see from below that the amount he was disposing sometimes went up to 53% of the day's total volume! 11/11/2008 Change: -$0.10 Volume: 9,208,300 Disposed: 3,768,600 (41%) 12/11/2008 Change: -$0.14 Volume: 37,011,700 Disposed: 12,361,400 (33%) 13/11/2008 Change: -$0.06 Volume: 13,493,000 Disposed: 3,633,300 (27%) 14/11/2008 Change: +$0.01 Volume: 13,367,600 Disposed: 4,836,700 (36%) 17/11/2008 Change: -$0.06 Volume: 17,453,000 Disposed: 3,844,100 (22%) 18/11/2008 Change: -$0.015 Volume: 6,869,400 Disposed: 805,600 (12%) 19/11/2008 Change: -$0.03 Volume: 9,069,800 Disposed: 4,851,300 (53%) 20/11/2008 Change: -$0.085 Volume: 16,233,400 Disposed: ??? He (via Nobel Gem) was left with 1,867,200 shares after 19/11, so the question is could he have disposed them all today? If yes, are we seeing a bottom for Zelan? |
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Nov 20 2008, 09:03 PM
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All Stars
17,858 posts Joined: Jan 2005 |
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Nov 20 2008, 09:15 PM
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Senior Member
2,972 posts Joined: Jul 2006 From: OSINT |
Anyone here want to accept this challenge ? Will You Bet?
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Nov 20 2008, 09:23 PM
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Senior Member
4,305 posts Joined: Sep 2008 |
Europe no direction at the moment, all eyes on US. Sometime I just wonder how come the biggest debtor of the world deserve such attention
Maybe if you owe enough to others then others will not let you fall |
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Nov 20 2008, 09:27 PM
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Senior Member
2,359 posts Joined: Apr 2006 |
My remiser say theres technical buy sign as there is dividen ex on 24/11 but only for short term play buying in stages and set cut lost price if drop 5-8% from purchase price.
Currently is bear market... Chk the Zelan research papers include below. If break the +/-0.90.. tends to drop further. Strong support at 0.60 and 0.40 Today towards the close i can see there's still strong selling pressure for this counter... i feel its not near bottom yet. Good luck. v_viper88 QUOTE(wirelessdude @ Nov 20 2008, 09:00 PM) This post has been edited by viper88: Nov 20 2008, 09:28 PMAttached File(s)
ZelanTechnical20081114.pdf ( 38.32k )
Number of downloads: 18
Zelan1.doc ( 43.5k )
Number of downloads: 16 |
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Nov 20 2008, 09:37 PM
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Senior Member
4,305 posts Joined: Sep 2008 |
Citi Group 6+ now, any taker?
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Nov 20 2008, 09:43 PM
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1,040 posts Joined: Apr 2005 |
QUOTE(wirelessdude @ Nov 20 2008, 09:00 PM) He (via Nobel Gem) was left with 1,867,200 shares after 19/11, so the question is could he have disposed them all today? If yes, are we seeing a bottom for Zelan? I've been having an interest on zelan too due to the massive sell down lately, But actually, aren't what you posted a huge reason for concerns? Being CEO and all, why would he dispose of his shares if he can see a good future for zelan? If I'm CEO of my own company, and I see good business coming in, wouldn't you want to hold on or even increase your share holding and take advantage of the bear market to get more shares? Instead of disposing it out in such a drastic manner that severely effected your own share price, and thus reducing the $$ that you'll make on subsequent sells? Could this also be an indicator that Zelan will have some rough roads ahead (Medium to Long term) and thus, the ceo decides to bail out first? We can possibly make some money in short term, but I wont expect anything from the medium to long term, based on such selloff by their directors |
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Nov 20 2008, 09:44 PM
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Senior Member
1,120 posts Joined: Jul 2006 |
Wow, version 18 liao.
time to reporting in, way to prosperous of year 2009! |
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Nov 20 2008, 09:45 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(eltaria @ Nov 20 2008, 09:43 PM) 8888!!~ All 888 Another Gamuda or worse ? I've been having an interest on zelan too due to the massive sell down lately, But actually, aren't what you posted a huge reason for concerns? Being CEO and all, why would he dispose of his shares if he can see a good future for zelan? If I'm CEO of my own company, and I see good business coming in, wouldn't you want to hold on or even increase your share holding and take advantage of the bear market to get more shares? Instead of disposing it out in such a drastic manner that severely effected your own share price, and thus reducing the $$ that you'll make on subsequent sells? Could this also be an indicator that Zelan will have some rough roads ahead (Medium to Long term) and thus, the ceo decides to bail out first? We can possibly make some money in short term, but I wont expect anything from the medium to long term, based on such selloff by their directors I avoid Zelan bcos it is not the same position as IOI or TM . This post has been edited by SKY 1809: Nov 20 2008, 09:48 PM |
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Nov 20 2008, 09:46 PM
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3,037 posts Joined: Jun 2007 |
QUOTE(eltaria @ Nov 20 2008, 09:43 PM) 8888!!~ All 888 I think will be like Gamuda's case. CEO will make a public appearance about needing the money for something else blah blah. Still confident of company and will stay with company. 2 months down the road, all their contracts are either under review or cancelled. ^^I've been having an interest on zelan too due to the massive sell down lately, But actually, aren't what you posted a huge reason for concerns? Being CEO and all, why would he dispose of his shares if he can see a good future for zelan? If I'm CEO of my own company, and I see good business coming in, wouldn't you want to hold on or even increase your share holding and take advantage of the bear market to get more shares? Instead of disposing it out in such a drastic manner that severely effected your own share price, and thus reducing the $$ that you'll make on subsequent sells? Could this also be an indicator that Zelan will have some rough roads ahead (Medium to Long term) and thus, the ceo decides to bail out first? We can possibly make some money in short term, but I wont expect anything from the medium to long term, based on such selloff by their directors |
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Nov 20 2008, 09:56 PM
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Senior Member
1,040 posts Joined: Apr 2005 |
For every massive selldown, I'd tend to find out what the reason behind it in the first place. For example, we all know TM's losses are caused by US debts. Which will be paid off sooner or later. We can factor in TM will likely take more losses as RM weakens, but once their debts are paid off, they'll be healthy again. Non terminal cancer... and we can take the risk and go in.
But, when the price drops down for no apparent reasons that only the director doing the selloff knows...... I was queing at 87, 865 and then finally cancelled just when it hit 0.865. We'll see how it goes.. The shares disposed by the directors were bought by epf... there goes our hard earned retirement money if something goes wrong... This post has been edited by eltaria: Nov 20 2008, 10:01 PM |
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Nov 20 2008, 10:00 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
Director of the Company, Mr. Lam Kar Keong, The Group Chief Executive Officer, Mr. Chang Si Fock @ Chong See Fock (Noble Gem Sdn. Bhd) are now left with 0.33% of ZELAN shares, after a massive disposing activities since the last 2-weeks.
This post has been edited by panasonic88: Nov 20 2008, 10:00 PM |
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Nov 20 2008, 10:07 PM
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Senior Member
4,305 posts Joined: Sep 2008 |
Jobless claims jump unexpectedly to 16-year high
Another day for down? |
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Nov 20 2008, 10:07 PM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
QUOTE(eltaria @ Nov 20 2008, 09:43 PM) 8888!!~ All 888 Err... maybe because he's stepping down as CEO so cashing out, retiring, etc? Zelan just announced that they'll let his contract lapsed in January and soneone else will replace him.I've been having an interest on zelan too due to the massive sell down lately, But actually, aren't what you posted a huge reason for concerns? Being CEO and all, why would he dispose of his shares if he can see a good future for zelan? If I'm CEO of my own company, and I see good business coming in, wouldn't you want to hold on or even increase your share holding and take advantage of the bear market to get more shares? Instead of disposing it out in such a drastic manner that severely effected your own share price, and thus reducing the $$ that you'll make on subsequent sells? Could this also be an indicator that Zelan will have some rough roads ahead (Medium to Long term) and thus, the ceo decides to bail out first? We can possibly make some money in short term, but I wont expect anything from the medium to long term, based on such selloff by their directors If you look at the announcements, EPF had also been buying. |
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Nov 20 2008, 10:07 PM
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Senior Member
1,404 posts Joined: Jun 2005 |
unemployment claim much wider than the forecast, djia futures plunge to 169 !
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Nov 20 2008, 10:10 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
* Dimming prospects of US auto rescue unnerve markets
* Citigroup shares up on report of Saudi stake boost * Jobless claims, Philly Fed survey on tap * Wall St to open at lowest level in 5-1/2 years * Crude oil dropped to USD50/barrel This post has been edited by panasonic88: Nov 20 2008, 10:11 PM |
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Nov 20 2008, 10:14 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(wirelessdude @ Nov 20 2008, 10:07 PM) Err... maybe because he's stepping down as CEO so cashing out, retiring, etc? Zelan just announced that they'll let his contract lapsed in January and soneone else will replace him. Is there anyway we can find out what EPF is buying? I mean, not before (unless somebody knows!) but after they have bought the shares...... If you look at the announcements, EPF had also been buying. |
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Nov 20 2008, 10:17 PM
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Senior Member
1,040 posts Joined: Apr 2005 |
EPF bought 4 million today
EMPLOYEES PROVIDENT FUND BOARD TINGKAT 19, BANGUNAN KWSP JALAN RAJA LAUT 50350 KUALA LUMPUR Details of Changes Date of Notice : 12/11/2008 Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 12/11/2008 Acquired 4,050,000 - Circumstances by reason of which change has occurred: PURCHASE OF SHARES Nature of Interest: DIRECT Consideration: No of Shares Held After Changes: Direct : 44,984,700 shares (7.9900%) Indirect/Deemed Interest : 0 shares (0.0000%) Total : 44,984,700 shares |
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Nov 20 2008, 10:21 PM
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All Stars
52,874 posts Joined: Jan 2003 |
Crude oil is touching USD 50 level soon:
51.01 -2.61 |
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Nov 20 2008, 10:23 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
so, goodbye IOI.
see you at 1.80 |
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Nov 20 2008, 10:23 PM
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Senior Member
4,305 posts Joined: Sep 2008 |
Lucky never get my Golden Agri today
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Nov 20 2008, 10:25 PM
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1,040 posts Joined: Apr 2005 |
id expect oil to go up during the winter?
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Nov 20 2008, 10:34 PM
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4,305 posts Joined: Sep 2008 |
Open drop a bit only? 安啦。For those sapu today
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Nov 20 2008, 10:36 PM
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All Stars
52,874 posts Joined: Jan 2003 |
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Nov 20 2008, 10:41 PM
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Senior Member
547 posts Joined: Mar 2007 From: K L |
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Nov 20 2008, 10:43 PM
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All Stars
52,874 posts Joined: Jan 2003 |
Over 100 U.S. "blue chips" now selling for under $10 a share
http://biz.yahoo.com/rb/081119/business_us_sp_10bucks.html In between lies a raft of household names, many formerly held up as blue chips, including Citigroup (NYSE:C - News; $6.40), Alcoa (NYSE:AA - News; $8.16), Xerox (NYSE:XRX - News; $5.58), Motorola (NYSE:MOT - News; $3.44), Starbucks (NasdaqGS:SBUX - News; $7.97) and Yahoo (NasdaqGS:YHOO - News; $9.14), not to mention beleaguered automakers Ford Motor (NYSE:F - News; $1.26) and General Motors (NYSE:GM - News; $2.79). Will this happen to heavyweight counters in KLCI? |
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Nov 20 2008, 10:45 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(David83 @ Nov 20 2008, 10:43 PM) Over 100 U.S. "blue chips" now selling for under $10 a share Most of them , CEOs still travel in private jet or planes , expecting US Govt to bail them http://biz.yahoo.com/rb/081119/business_us_sp_10bucks.html In between lies a raft of household names, many formerly held up as blue chips, including Citigroup (NYSE:C - News; $6.40), Alcoa (NYSE:AA - News; $8.16), Xerox (NYSE:XRX - News; $5.58), Motorola (NYSE:MOT - News; $3.44), Starbucks (NasdaqGS:SBUX - News; $7.97) and Yahoo (NasdaqGS:YHOO - News; $9.14), not to mention beleaguered automakers Ford Motor (NYSE:F - News; $1.26) and General Motors (NYSE:GM - News; $2.79). Will this happen to heavyweight counters in KLCI? This post has been edited by SKY 1809: Nov 20 2008, 10:45 PM |
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Nov 20 2008, 10:51 PM
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Junior Member
467 posts Joined: Apr 2008 |
QUOTE(panasonic88) so, goodbye IOI. Hey, that is my revised price for IOI.see you at 1.80 |
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Nov 20 2008, 11:13 PM
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4,305 posts Joined: Sep 2008 |
-200+ liao.
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Nov 20 2008, 11:14 PM
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All Stars
52,874 posts Joined: Jan 2003 |
Ouch! 7500 level soon ...
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Nov 20 2008, 11:18 PM
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VIP
1,811 posts Joined: Jan 2003 From: ...too mUch... |
Round no. here you go!
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Nov 20 2008, 11:19 PM
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All Stars
52,874 posts Joined: Jan 2003 |
European market is tracking DJIA plunging trend in last 1 to 2 hours of trading.
FTSE 100: 3,851.31 -154.37 -3.85% DAX: 4,169.00 -185.09 -4.25% CAC 40: 2,909.83 -178.06 -5.77% This post has been edited by David83: Nov 20 2008, 11:21 PM |
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Nov 20 2008, 11:33 PM
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Senior Member
4,305 posts Joined: Sep 2008 |
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Nov 20 2008, 11:58 PM
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Senior Member
1,404 posts Joined: Jun 2005 |
DJIA like a roller coaster, suddenly recover close to green zone then back to -99, a minute later, recovering again n the same pattern repeat again...
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Nov 21 2008, 12:03 AM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
Could be because it's a strong bottom at 7,773.
This post has been edited by wirelessdude: Nov 21 2008, 12:03 AM |
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Nov 21 2008, 12:05 AM
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Senior Member
1,404 posts Joined: Jun 2005 |
Turn green already, but wondering if it can sustain the last hour of trading..
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Nov 21 2008, 12:14 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
lol down jones is having fun swinging high-and-low.
now drop back to red zone. |
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Nov 21 2008, 12:15 AM
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Senior Member
1,351 posts Joined: Mar 2006 From: KL/S'gor |
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Nov 21 2008, 12:37 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
if DJIA end in red, tomolo bursa will be open in red. But expected to be green late in the afternoon. SO i think can buy in the morning..
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Nov 21 2008, 12:41 AM
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Junior Member
376 posts Joined: Mar 2005 |
how i wish if i am daring enough to buy and sell in short term.
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Nov 21 2008, 12:58 AM
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Senior Member
3,037 posts Joined: Jun 2007 |
QUOTE(eltaria @ Nov 20 2008, 10:17 PM) EPF bought 4 million today They didn't buy that today, that was bought on 12/11/2008. Buys and Sells by substantial shareholder are not shown until a week later. So if the major shareholders are selling, you won't know until they announced it a week later. Only buybacks are reported within the day. EMPLOYEES PROVIDENT FUND BOARD TINGKAT 19, BANGUNAN KWSP JALAN RAJA LAUT 50350 KUALA LUMPUR Details of Changes Date of Notice : 12/11/2008 Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 12/11/2008 Acquired 4,050,000 - Circumstances by reason of which change has occurred: PURCHASE OF SHARES Nature of Interest: DIRECT Consideration: No of Shares Held After Changes: Direct : 44,984,700 shares (7.9900%) Indirect/Deemed Interest : 0 shares (0.0000%) Total : 44,984,700 shares |
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Nov 21 2008, 05:37 AM
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All Stars
10,123 posts Joined: Aug 2007 |
Another Big RED day.
Dow 7,552.29 -444.99 -5.28% Nasdaq 1,316.12 -70.30 -5.07% S&P 500 752.44 -54.14 -6.71% Can we go lower?? How much more blood on streets?? This post has been edited by danmooncake: Nov 21 2008, 05:37 AM |
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Nov 21 2008, 06:38 AM
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All Stars
52,874 posts Joined: Jan 2003 |
And crude oil price is below USD 50:
48.57 -5.53 |
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Nov 21 2008, 06:41 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(skiddtrader @ Nov 21 2008, 12:58 AM) They didn't buy that today, that was bought on 12/11/2008. Buys and Sells by substantial shareholder are not shown until a week later. So if the major shareholders are selling, you won't know until they announced it a week later. Only buybacks are reported within the day. Any way to know what shares they bought (EPF). I'm sure they have done their homework before buying the shares..... wanna follow suit.... Now with the Dow dropping so much..... KLSE will probably drop too..... hmmmm..... when would be a good time to buy (i.e. the bottom!!!).... This post has been edited by kmarc: Nov 21 2008, 06:47 AM |
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Nov 21 2008, 06:51 AM
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Senior Member
4,305 posts Joined: Sep 2008 |
Another mega sales coming?
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Nov 21 2008, 07:06 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
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Nov 21 2008, 07:37 AM
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Senior Member
1,404 posts Joined: Jun 2005 |
yeah, can go shopping, at least the DJAI futures is in positive. Market open in red but DJ FUtures will probably giv klci some recovery..
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Nov 21 2008, 08:06 AM
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Senior Member
3,944 posts Joined: Jul 2008 |
Today my target is :
IOICORP HUANN ASIATIC for contra |
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Nov 21 2008, 08:15 AM
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Senior Member
829 posts Joined: May 2007 |
Pasar malam kena kow kow.. Mega Sales again.. Buy Buy Buy!
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Nov 21 2008, 08:15 AM
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Senior Member
4,305 posts Joined: Sep 2008 |
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Nov 21 2008, 08:18 AM
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Senior Member
3,944 posts Joined: Jul 2008 |
QUOTE(htt @ Nov 21 2008, 09:15 AM) Morning when everyone shell-shock and sell-shock, then can buy shok Is same like you buy small and big in genting But maybe loss shock afterwards This post has been edited by darkknight81: Nov 21 2008, 08:18 AM |
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Nov 21 2008, 08:23 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
small and big.... small and big..
gamble gamble. Who queuing in today, anyone brave enough to buy at open? I never buys at open... don't know how market will swing. but i did notice some panic sellers like to queue low low in the opening.. |
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Nov 21 2008, 08:24 AM
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4,305 posts Joined: Sep 2008 |
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Nov 21 2008, 08:24 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
i looking at knm 0.55, zelan today... 0.83!!
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Nov 21 2008, 08:34 AM
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Senior Member
829 posts Joined: May 2007 |
QUOTE(eltaria @ Nov 21 2008, 08:24 AM) KNM should be coming to 0.57 for sure, in the morning...I will be waiting for Zelan at 0.83 too.... Added on November 21, 2008, 8:58 am QUOTE(verbatim @ Nov 21 2008, 08:34 AM) This pasar malam was down only 196 half an hour before closing and suddenly boom boom boom... down 400 over points. The same trend yesterday, slide down massively towards closing. seems like futures and opening of Dow cannot be taken as an indicator as the real action starts only towards the closing.Its the same the other day when it was negative all the way till the last hour recovered over 700 pts to close +500 over.. This post has been edited by verbatim: Nov 21 2008, 08:58 AM |
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Nov 21 2008, 08:58 AM
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Senior Member
2,646 posts Joined: Oct 2008 |
aii din notice there is a v18 here .. went to post at v17
why this posr is not under the main top there ha? Added on November 21, 2008, 9:02 amwow zelan open at 2.825 This post has been edited by mo_meng: Nov 21 2008, 09:02 AM |
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Nov 21 2008, 09:03 AM
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Senior Member
3,589 posts Joined: Mar 2005 From: Bolehland |
zelan oledi 0.83
IOI drop so much...=.= |
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Nov 21 2008, 09:03 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
No fun... so fast match my zelan at 0.835 .....
Went out make coffee come back all matched.. hehe This post has been edited by eltaria: Nov 21 2008, 09:04 AM |
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Nov 21 2008, 09:05 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
anyone entering?
Added on November 21, 2008, 9:06 amkinstel, zelan, huaan, all cheap cheap... how? This post has been edited by gogo2: Nov 21 2008, 09:06 AM |
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Nov 21 2008, 09:12 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
I notice the first few hours of trading are usually very wild one... it'll settle down later at 11am+
Some of the best bargains or worst sells that I noticed happening during these past few months usually occured in the early morning sessions.... Others care to comment on this? Added on November 21, 2008, 9:14 am QUOTE(gogo2 @ Nov 21 2008, 09:05 AM) Dont enter huaan, expect it to drop to 0.21 or lower hehehe... This post has been edited by eltaria: Nov 21 2008, 09:14 AM |
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Nov 21 2008, 09:16 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
bloodbath shedding!!!!
*okay i am glad that i run edy yesterday. you guys happy shopping and happy contra-ing |
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Nov 21 2008, 09:17 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
seems to be settling down somewhat, climbing back up....
Eh I noticed the Zelan counter says low of 0.825 Nvm... hehe i could've sworn i didn't see any trades at 0.825.. haha This post has been edited by eltaria: Nov 21 2008, 09:21 AM |
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Nov 21 2008, 09:26 AM
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2,181 posts Joined: Oct 2007 |
no mega sales one.......wait for rebound lo next week....zzzz.....
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Nov 21 2008, 09:26 AM
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Senior Member
1,409 posts Joined: Jan 2003 From: *...I see dead people... * |
oh tempting price... been waiting for months...
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Nov 21 2008, 09:30 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
oh surprisingly PMCAP is one of the Top Active.
i've been looking at it since the past few days. its price is pretty steady at 0.095/0.100 |
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Nov 21 2008, 09:31 AM
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Junior Member
453 posts Joined: Nov 2008 |
世界末日
This post has been edited by sampoo: Nov 21 2008, 09:32 AM |
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Nov 21 2008, 09:31 AM
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Senior Member
3,037 posts Joined: Jun 2007 |
QUOTE(eltaria @ Nov 21 2008, 09:12 AM) I notice the first few hours of trading are usually very wild one... it'll settle down later at 11am+ I think because early trade people put any price they want and some are more bearish while some are bullish. So the initial start will be a bit off. But once the trades are started the general direction is know, then the market will adjust itself towards it.Some of the best bargains or worst sells that I noticed happening during these past few months usually occured in the early morning sessions.... Others care to comment on this? Added on November 21, 2008, 9:14 am Dont enter huaan, expect it to drop to 0.21 or lower hehehe... |
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Nov 21 2008, 09:31 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
Zelan have tat same pattern drop since it drop few days back.. drop, hold, up..drop... hold.. up and at last minute drop more.. next day open drop alot again.
You buy alot at 0.83 one go or planning to buy more if drift lower? Not so sure whether it can hold well since near to ex-dividen date ady. Coz some ppl tends to sell off their shares as after ex their share price will drop even mooorre. Good luck. v_viper88 QUOTE(eltaria @ Nov 21 2008, 09:17 AM) |
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Nov 21 2008, 09:32 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
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Nov 21 2008, 09:33 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
Say what????
DJIA drop more than 800 points in 2 days? Yeap, and its not bottom yet. Look for another 5-10% drop. That's why i said, don't go to V18 yet. This post has been edited by AdamG1981: Nov 21 2008, 09:33 AM |
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Nov 21 2008, 09:33 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(eltaria @ Nov 21 2008, 09:12 AM) I notice the first few hours of trading are usually very wild one... it'll settle down later at 11am+ One word, fear.Some of the best bargains or worst sells that I noticed happening during these past few months usually occured in the early morning sessions.... Others care to comment on this? |
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Nov 21 2008, 09:35 AM
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Senior Member
572 posts Joined: Sep 2007 |
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Nov 21 2008, 09:35 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
Thank you HANK! Thank you Pandit! You guys are real jokers!
This post has been edited by AdamG1981: Nov 21 2008, 09:36 AM |
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Nov 21 2008, 09:35 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 09:36 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
Ya..i'm suprised also. Recently its price up to 0.125.. i que sell at 0.13 but couldn't get match.
Seems like got ppl intersted with this counter and start picking it up. strong support at 0.10+/- I bought some at 0.095 and alot at 0.08 few weeks back. This counter has drop alot since its hight about 0.60. v_viper88 QUOTE(panasonic88 @ Nov 21 2008, 09:30 AM) oh surprisingly PMCAP is one of the Top Active. This post has been edited by viper88: Nov 21 2008, 09:38 AMi've been looking at it since the past few days. its price is pretty steady at 0.095/0.100 |
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Nov 21 2008, 09:38 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
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Nov 21 2008, 09:40 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
Time for some interesting story-reading.
An Asian Twist to Explain the $$$ Crisis One day, a plain-looking man came with a pretty-looking OL(Office Lady) to the LV store in Causeway Bay (Hong Kong Island). He chose an LV bag worth HKD 65,000 for the OL. When it came time to pay, the man took out a checkbook and wrote out a check. The salesperson was hesitant because the couple hadn't shopped there before. The man discerned what the salesperson was thinking and he said calmly: "I sense that you are concerned that this check may bounce, right? Today is Saturday and the banks are closed. Let me suggest that I leave the check and the handbag here. When the check clears on Monday, you can deliver the handbag to this lady. How about that? The salesperson was reassured and gladly accepted the suggestion. In addition, he waived the delivery charges. He promised that he would personally make sure that this gets done. On Monday, the salesperson took the check to the bank. The check bounced! The irate salesperson called up the client, who told him: "What is the big deal? Neither you nor I have suffered any loss. Last Saturday night, I went to bed with that girl already! Oh, by the way, I thank you for your cooperation." This story reveals the nature of the sub-prime mortgage crisis. When people have high hopes for huge future returns, they lower their guard about the potential risks. This pretty girl thought that the HKD 65,000 LV bag was going to come home on Monday, and so she lowered her guard. Therefore, she believed that her investment in the ONS (one night stand) was worth it even though it was based upon huge and highly uncertain risks. Investment companies are great with packaging high return (but high risk) deals. The stock speculators are like this pretty woman. As such, they deserve to lose money. Without people like these, how are people going to make money from the stock market? As for the media and the stock analysts, they often play the role of the LV salesperson. |
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Nov 21 2008, 09:41 AM
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Junior Member
467 posts Joined: Apr 2008 |
The drop not as I expected.
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Nov 21 2008, 09:41 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
This Sime is really supported by local big boys, can't drop below RM6.00, even oil price dropped to old level, while CPO at low point.
Taught of getting below RM6.00 and getting its 44 cents dividend seems this plan won't work. Today last day liao. |
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Nov 21 2008, 09:46 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
QUOTE(cherroy @ Nov 21 2008, 09:41 AM) This Sime is really supported by local big boys, can't drop below RM6.00, even oil price dropped to old level, while CPO at low point. about 5% yield after tax deducation.Taught of getting below RM6.00 and getting its 44 cents dividend seems this plan won't work. Today last day liao. you have KLK & BKAWAN edy mah. |
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Nov 21 2008, 09:46 AM
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Senior Member
3,037 posts Joined: Jun 2007 |
QUOTE(panasonic88 @ Nov 21 2008, 09:40 AM) Time for some interesting story-reading. Ahahaha Awesome storyAn Asian Twist to Explain the $$$ Crisis One day, a plain-looking man came with a pretty-looking OL(Office Lady) to the LV store in Causeway Bay (Hong Kong Island). He chose an LV bag worth HKD 65,000 for the OL. When it came time to pay, the man took out a checkbook and wrote out a check. The salesperson was hesitant because the couple hadn't shopped there before. The man discerned what the salesperson was thinking and he said calmly: "I sense that you are concerned that this check may bounce, right? Today is Saturday and the banks are closed. Let me suggest that I leave the check and the handbag here. When the check clears on Monday, you can deliver the handbag to this lady. How about that? The salesperson was reassured and gladly accepted the suggestion. In addition, he waived the delivery charges. He promised that he would personally make sure that this gets done. On Monday, the salesperson took the check to the bank. The check bounced! The irate salesperson called up the client, who told him: "What is the big deal? Neither you nor I have suffered any loss. Last Saturday night, I went to bed with that girl already! Oh, by the way, I thank you for your cooperation." This story reveals the nature of the sub-prime mortgage crisis. When people have high hopes for huge future returns, they lower their guard about the potential risks. This pretty girl thought that the HKD 65,000 LV bag was going to come home on Monday, and so she lowered her guard. Therefore, she believed that her investment in the ONS (one night stand) was worth it even though it was based upon huge and highly uncertain risks. Investment companies are great with packaging high return (but high risk) deals. The stock speculators are like this pretty woman. As such, they deserve to lose money. Without people like these, how are people going to make money from the stock market? As for the media and the stock analysts, they often play the role of the LV salesperson. |
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Nov 21 2008, 09:46 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
QUOTE(panasonic88 @ Nov 20 2008, 06:40 PM) Time for some interesting story-reading. An Asian Twist to Explain the $$$ Crisis One day, a plain-looking man came with a pretty-looking OL(Office Lady) to the LV store in Causeway Bay (Hong Kong Island). He chose an LV bag worth HKD 65,000 for the OL. When it came time to pay, the man took out a checkbook and wrote out a check. The salesperson was hesitant because the couple hadn't shopped there before. The man discerned what the salesperson was thinking and he said calmly: "I sense that you are concerned that this check may bounce, right? Today is Saturday and the banks are closed. Let me suggest that I leave the check and the handbag here. When the check clears on Monday, you can deliver the handbag to this lady. How about that? The salesperson was reassured and gladly accepted the suggestion. In addition, he waived the delivery charges. He promised that he would personally make sure that this gets done. On Monday, the salesperson took the check to the bank. The check bounced! The irate salesperson called up the client, who told him: "What is the big deal? Neither you nor I have suffered any loss. Last Saturday night, I went to bed with that girl already! Oh, by the way, I thank you for your cooperation." This story reveals the nature of the sub-prime mortgage crisis. When people have high hopes for huge future returns, they lower their guard about the potential risks. This pretty girl thought that the HKD 65,000 LV bag was going to come home on Monday, and so she lowered her guard. Therefore, she believed that her investment in the ONS (one night stand) was worth it even though it was based upon huge and highly uncertain risks. Investment companies are great with packaging high return (but high risk) deals. The stock speculators are like this pretty woman. As such, they deserve to lose money. Without people like these, how are people going to make money from the stock market? As for the media and the stock analysts, they often play the role of the LV salesperson. That's why Americans are suffering now, they use credit to floss on something they don't own in the first place. This post has been edited by AdamG1981: Nov 21 2008, 09:48 AM |
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Nov 21 2008, 09:49 AM
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Senior Member
1,345 posts Joined: Dec 2007 |
QUOTE(panasonic88 @ Nov 21 2008, 09:40 AM) » Click to show Spoiler - click again to hide... « especially the bolded part |
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Nov 21 2008, 09:49 AM
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Junior Member
453 posts Joined: Nov 2008 |
QUOTE(cherroy @ Nov 21 2008, 10:38 AM) If one is holding BAT where got 世界末日? I feel Scarely now.It is approaching its all time high, Rm44. South Korea reporting dramatical increase sales of alcholic product, good for those company. Drink, drank, drunk. As wat Adam said the dj will approach 7000. i dun expect it come so fast. when dj reach the 7200 to 7000. the dj will free fall, it could be reach 6000 and even 5000, then no supprting line a all. Many country financial system wll corrupted. Jobless, homeless, carless........... CASHless. I m prepared for the day. |
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Nov 21 2008, 09:49 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
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Nov 21 2008, 09:50 AM
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1,040 posts Joined: Apr 2005 |
QUOTE(viper88 @ Nov 21 2008, 09:31 AM) Zelan have tat same pattern drop since it drop few days back.. drop, hold, up..drop... hold.. up and at last minute drop more.. next day open drop alot again. Will average down again if it drops 10%.. after the dividend, i probably cabut..You buy alot at 0.83 one go or planning to buy more if drift lower? Not so sure whether it can hold well since near to ex-dividen date ady. Coz some ppl tends to sell off their shares as after ex their share price will drop even mooorre. Good luck. v_viper88 Didn't buy much and no plans to keep it for long term too, just something for me to punt on.. hehe |
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Nov 21 2008, 09:51 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
Got 20 Kinstel at 0.400.
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Nov 21 2008, 09:55 AM
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2,646 posts Joined: Oct 2008 |
i plan to q at 0.38
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Nov 21 2008, 10:00 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 10:02 AM
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2,646 posts Joined: Oct 2008 |
okie zelan .0815
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Nov 21 2008, 10:03 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
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Nov 21 2008, 10:03 AM
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2,646 posts Joined: Oct 2008 |
wat target price should i set for zelan? hmm
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Nov 21 2008, 10:04 AM
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Senior Member
1,409 posts Joined: Jan 2003 From: *...I see dead people... * |
Qing IOI at 2.81....
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Nov 21 2008, 10:05 AM
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Junior Member
453 posts Joined: Nov 2008 |
Today is Black Friday: 21st Nov 2008. Who know.
It still got long way to swim to the land. |
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Nov 21 2008, 10:09 AM
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1,345 posts Joined: Dec 2007 |
QUOTE(sampoo @ Nov 21 2008, 10:05 AM) it's like a polar bear swimming in the ocean during global warming..... when it found an iceberg & wanna rest on it.... the iceberg melted & it gotta swim again until it finds a real big iceberg... else, it'll die ~~~ drowning |
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Nov 21 2008, 10:09 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 10:12 AM
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Senior Member
2,646 posts Joined: Oct 2008 |
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Nov 21 2008, 10:14 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
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Nov 21 2008, 10:15 AM
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2,646 posts Joined: Oct 2008 |
after all the share disposing .. think it will up back
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Nov 21 2008, 10:16 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
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Nov 21 2008, 10:17 AM
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Senior Member
2,646 posts Joined: Oct 2008 |
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Nov 21 2008, 10:17 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 10:22 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
wow you guys are riding on KINSTEL boat huh
i still have 55 sens stock on hand. will buy some more to average if it break 40 sens. |
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Nov 21 2008, 10:22 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
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Nov 21 2008, 10:23 AM
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594 posts Joined: Jan 2003 From: KL |
Start of bargain hunting?
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Nov 21 2008, 10:23 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 10:24 AM
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2,646 posts Joined: Oct 2008 |
so wat is ur 6th sense now .. wont drop below 0.8 hehe than i should wait it drop liao
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Nov 21 2008, 10:26 AM
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Senior Member
3,789 posts Joined: Aug 2007 |
resort looks temptin ... but hasnt drop enuf kekeke
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Nov 21 2008, 10:26 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
QUOTE(panasonic88 @ Nov 21 2008, 10:23 AM) eh, yesterday I have look at DJIA. You read back my post saying if DJIA red,today KLCI will red and I'll start buying mah...hehehe QUOTE(mo_meng @ Nov 21 2008, 10:24 AM) Six sense is not dropping 0.8. But I dun wan to buy coz its still expensive. Hahaha... |
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Nov 21 2008, 10:27 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 10:27 AM
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Senior Member
2,646 posts Joined: Oct 2008 |
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Nov 21 2008, 10:30 AM
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Senior Member
3,589 posts Joined: Mar 2005 From: Bolehland |
yesterday bought IOI, now drop again..zzz
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Nov 21 2008, 10:31 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 10:33 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 10:35 AM
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627 posts Joined: Jan 2003 |
waiting for resort...... come coem baby....2.50
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Nov 21 2008, 10:36 AM
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747 posts Joined: Jan 2003 |
should take knm? hmmmm
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Nov 21 2008, 10:36 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 10:37 AM
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2,359 posts Joined: Apr 2006 |
Zelan
[TOP 30 SHAREHOLDERS # SHAREHOLDER SHARES HELD % 1 HSBC NOM PL SEC-MMC CORPORATION BHD 180,000,000 31.96% 2 MMC CORPORATION BHD 41,053,386 7.29% 3 NOBLE GEM SB 25,279,400 4.49% 4 EB NOM PL SEC-NOVAZI SB 23,380,000 4.15% 5 HSBC NOM (AS)-EXEMPT AN-HSBC 22,588,600 4.01% 6 CITIGROUP NOM-CMS ASSET MGMT-EPF 22,500,000 3.99% 7 HSBC NOM (AS)-BNY BRUSSELS-JF ASEAN FUND 18,045,000 3.20% 8 EB NOM PL SEC-EMINENT GATEWAY SB 17,700,000 3.14% 9 NOBLE GEM SB 10,688,800 1.90% 10 BNY BRUSSELS-MIRAE ASSET ASIA PAC INFRA SECT EQ INVEST TRUST 9,910,400 1.76% 11 CITIGROUP NOM-EX AN-PRUDENTIAL FUND MGMT 8,203,600 1.46% 12 AMANAH RAYA NOM-KUMPULAN WANG BERSAMA 8,000,000 1.42% 13 CARTABAN (AS)-SSBT FUND IBLJ-WILLIAN BLAIR INTL GROWTH FUND 6,454,500 1.15% 14 HSBC-HSBC (M) TRUSTEE-CMS PREMIER FUND 6,200,000 1.10% 15 EPF BOARD 6,151,300 1.09% 16 VALUECAP SB 6,018,800 1.07% 17 CMS DRESDNER ASSET MGMT-TNB RETIREMT BENEFIT TRUST FUND 5,574,600 0.99% 18 SBB NOM-EPF BOARD 5,364,100 0.95% 19 HSBC (AS)-EX AN-JP MORGAN BANK LUXEMBOURG S.A. 4,155,000 0.74% 20 HSBC (AS)-BBH & CO-JF ASEAN GROWTH OPEN MOTHER FUND 3,600,000 0.64% 21 EMINENT GATEWAY SB 3,550,600 0.63% 22 HON SOOK WEI 3,429,900 0.61% 23 HSBC (AS)-EX AN-JP MORGAN CHASE BANK 0 3300000% 24 HSBC NOM-HSBC (M)-CMS MALAYSIAN GLOBAL INC FUND 3,097,800 0.55% 25 CITIGROUP NOM-ING INSURANCE BHD 3,017,500 0.54% 26 HSBC (AS)-EX AN-MORGAN STANLEY & CO INC 2,755,000 0.49% 27 NOVAZI SB 2,401,200 0.43% 28 AMANAH RAYA NOM-PUBLIC ISLAMIC DIVIDEND FUND 1,940,000 0.34% 29 CITIGROUP (AS)-CBNY-DFA EMERGING MARKETS FUND 1,937,000 0.34% 30 SSBT FUND IBLN-WILLIAM BLAIR INSTITUTIONAL GROWTH FUND 1,760,500 0.31% EPF and Valuecap have shares but Zelan is getting weaker n weaker as close to ex-dividen date. |
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Nov 21 2008, 10:38 AM
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205 posts Joined: Feb 2006 |
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Nov 21 2008, 10:48 AM
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594 posts Joined: Jan 2003 From: KL |
Woah! Look at the number of big sells on KNM.
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Nov 21 2008, 10:51 AM
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2,646 posts Joined: Oct 2008 |
ok should go into knm now?
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Nov 21 2008, 10:51 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
If oil drops to old level of USD 30, now USD 48, then all O&G counters have to be re-assessed.
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Nov 21 2008, 10:52 AM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(wirelessdude @ Nov 21 2008, 10:48 AM) http://biz.thestar.com.my/news/story.asp?f...02&sec=business |
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Nov 21 2008, 10:55 AM
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3,589 posts Joined: Mar 2005 From: Bolehland |
lol, i still hold a lot of KNM at higher price..die..
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Nov 21 2008, 10:56 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 10:56 AM
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829 posts Joined: May 2007 |
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Nov 21 2008, 10:58 AM
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Senior Member
3,589 posts Joined: Mar 2005 From: Bolehland |
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Nov 21 2008, 10:59 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 10:59 AM
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205 posts Joined: Feb 2006 |
QUOTE never say die.. u have to fight another day.. it wil rebound when sentiment improves.. highest at 0.74 recently |
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Nov 21 2008, 11:00 AM
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747 posts Joined: Jan 2003 |
got knm @0.56, not the best but should be okay.
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Nov 21 2008, 11:01 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 11:02 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(panasonic88 @ Nov 21 2008, 10:56 AM) Mean O&G sector and some company might not as profitable as previous year of financial record showed, some could show some sharp drop in profit in the future. So if oil stay at low point for years to come, previous high is not a good indicator at all. So whether they had dropped 50% or 70%, doesn't mean they are cheap either based on fundamental. |
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Nov 21 2008, 11:03 AM
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2,181 posts Joined: Oct 2007 |
KNM is being dumped wor...u all very brave la.....who is going to goreng goreng KNM ar hehehhehe
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Nov 21 2008, 11:04 AM
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1,828 posts Joined: Sep 2004 |
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Nov 21 2008, 11:06 AM
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Senior Member
3,589 posts Joined: Mar 2005 From: Bolehland |
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Nov 21 2008, 11:07 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
Bought 20 KNM at 0.545.
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Nov 21 2008, 11:07 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
Ok ok, will ask my wife to queue for me! |
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Nov 21 2008, 11:08 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
QUOTE(cherroy @ Nov 21 2008, 11:02 AM) Mean O&G sector and some company might not as profitable as previous year of financial record showed, some could show some sharp drop in profit in the future. o'right noted that.So if oil stay at low point for years to come, previous high is not a good indicator at all. So whether they had dropped 50% or 70%, doesn't mean they are cheap either based on fundamental. i have DIALOG & SAPCRES in my portfolio, tho. old timer stock |
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Nov 21 2008, 11:10 AM
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1,828 posts Joined: Sep 2004 |
GPACKET drops non-stop, already 6 consecutive days. How you guys think about this stock?
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Nov 21 2008, 11:11 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(cherroy @ Nov 21 2008, 11:02 AM) Mean O&G sector and some company might not as profitable as previous year of financial record showed, some could show some sharp drop in profit in the future. If it keeps going lower.. it might be cost more the produce a barrel of oil than to sell the oil in the market.So if oil stay at low point for years to come, previous high is not a good indicator at all. So whether they had dropped 50% or 70%, doesn't mean they are cheap either based on fundamental. Something really bad will happen. |
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Nov 21 2008, 11:11 AM
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2,646 posts Joined: Oct 2008 |
knm .. think it will further drop
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Nov 21 2008, 11:13 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
I think I'm betting/gamble. Not really buying stock..
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Nov 21 2008, 11:14 AM
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2,646 posts Joined: Oct 2008 |
learn to be patient
Added on November 21, 2008, 11:14 amlook at the selling quantity .. WOW This post has been edited by mo_meng: Nov 21 2008, 11:14 AM |
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Nov 21 2008, 11:15 AM
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1,404 posts Joined: Jun 2005 |
y not go for Huaan. Wait for the USD580 billion to take it course. And by that time, I think commodities price will take off again. Just my 2 cents
Any suggestion ? |
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Nov 21 2008, 11:17 AM
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Senior Member
2,646 posts Joined: Oct 2008 |
okie zelan 0.805
Added on November 21, 2008, 11:19 amokie at 0.8 This post has been edited by mo_meng: Nov 21 2008, 11:19 AM |
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Nov 21 2008, 11:20 AM
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4,305 posts Joined: Sep 2008 |
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Nov 21 2008, 11:22 AM
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1,404 posts Joined: Jun 2005 |
Tonight no important market data from US, DJIA plunge almost 10% in 2 days. No news means good news for technical rebound? DELL quarter result beats expectation after DJIA closed, which i guess is one of the reason that contribute to the +ve of DJIA futures.
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Nov 21 2008, 11:27 AM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(alivecmh @ Nov 21 2008, 11:22 AM) Tonight no important market data from US, DJIA plunge almost 10% in 2 days. No news means good news for technical rebound? DELL quarter result beats expectation after DJIA closed, which i guess is one of the reason that contribute to the +ve of DJIA futures. When Fed is cutting rate by 0.5% ? |
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Nov 21 2008, 11:27 AM
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1,040 posts Joined: Apr 2005 |
expecting a rebound for dow tonight.
the last time it hit the support line, we have a double rebound, now break already... potential for a technical rally tonight? adam's pretty good with the us market, adam, what you think for tonight at djia More importantly is, how will certain stocks react to a positive dow? Zelan, KNM... mmm.. both are undergoing massive selldown by major holders. Any other shares you guys eyeing now? This post has been edited by eltaria: Nov 21 2008, 11:31 AM |
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Nov 21 2008, 11:33 AM
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Junior Member
205 posts Joined: Feb 2006 |
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Nov 21 2008, 11:38 AM
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594 posts Joined: Jan 2003 From: KL |
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Nov 21 2008, 11:39 AM
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829 posts Joined: May 2007 |
Most asian markets are well off lows.. KLCI should follow suit...
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Nov 21 2008, 11:43 AM
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1,040 posts Joined: Apr 2005 |
Q KNM at 0.54.... mmm
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Nov 21 2008, 11:49 AM
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VIP
9,137 posts Joined: Jun 2007 From: Wouldn't be around much, pls PM other mods. |
QUOTE(benghooi @ Nov 21 2008, 10:37 AM) How many counters in KLSE has monopoly business? Re-quoted this post after moving this post from another topic.Which counter meets the above criteria and at the same time is considered one of the safest counter in KLSE? (‘Safe’ here is referring not to capital loss due to drop in share price but unlikelihood of the company/ business collapses.) One counter that share investors should not neglect is BURSA MALAYSIA BERHAD. Why so? The chance of a stock exchange goes bankrupt is very small. Referring to the most recent 5 years financial statement for year 2003 till 2007, the company recorded both operating and net profit. It is very highly unlikely but in the event the company faces financial difficulty, I can’t imagine a stock exchange not been rescued from collapse as long as capitalism survives. About 58% of its operating income is from clearing fee. This revenue has no concern on receivables. No inventory in this business. No inventory management required and no inventory shrinkage loss or write downs of inventory. Let’s look at the company’s business from Porter’s 5 competitive forces model: Potential new entrants - Will the government approved another stock exchange? This risk from the threat is almost negligible. b. Bargaining power of customers - It is menu-driven pricing. The clearing fee is fixed at 0.03% and the customers cannot bargain on the rate. c. Bargaining of suppliers. - Suppliers are basically information technology suppliers. The threat from this force is considered low as there are competition among suppliers and BURSA has bargain power as the orders usually involve huge amount of money. d. Threat of substitute products - With fast growing pace of unit trust, retail investors have option to invest in unit trust instead of investing directly in share market. Somehow, unit trust fund manager will put part of the investment amount into equities market (except those unit trust funds invested overseas). With advance development of information technology and telecommunication, international and local news can be disseminated to public within very short time. It very convenient to trade online and share investment has become more user-friendly with availability of more ready customer support to the retail investors. e. Rivalry among competitors - While there is no local rivalry, the penetration of overseas investment by retail investors is increasing. However, this threat has not caused real concern in foreseeable future. |
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Nov 21 2008, 11:57 AM
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453 posts Joined: Nov 2008 |
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Nov 21 2008, 12:02 PM
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829 posts Joined: May 2007 |
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Nov 21 2008, 12:05 PM
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1,214 posts Joined: Oct 2007 |
Zelan dropping fast. Keong and Fook keep selling. izzit got internal problem we public don't know?
Usually when directors start to sell.. its bad sign.. very bad sign. Added on November 21, 2008, 12:06 pmZelan dropping fast. Keong and Fook keep selling. izzit got internal problem we public don't know? Usually when directors start to sell.. its bad sign.. very bad sign. This post has been edited by espree: Nov 21 2008, 12:06 PM |
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Nov 21 2008, 12:07 PM
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453 posts Joined: Nov 2008 |
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Nov 21 2008, 12:09 PM
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594 posts Joined: Jan 2003 From: KL |
Go Zelan! Go KNM!
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Nov 21 2008, 12:10 PM
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Senior Member
4,305 posts Joined: Sep 2008 |
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Nov 21 2008, 12:11 PM
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All Stars
23,851 posts Joined: Dec 2006 |
Go Kinstel go 50sen
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Nov 21 2008, 12:12 PM
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1,404 posts Joined: Jun 2005 |
aisk,, miss huaan boat....
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Nov 21 2008, 12:12 PM
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829 posts Joined: May 2007 |
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Nov 21 2008, 12:12 PM
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1,040 posts Joined: Apr 2005 |
You have to say go Up or Go down.... else go wrong direction
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Nov 21 2008, 12:13 PM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
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Nov 21 2008, 12:14 PM
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1,040 posts Joined: Apr 2005 |
Aiyoh... again i go out for a while, reverse already....
WTF.... zz miss boat miss boat. Added on November 21, 2008, 12:15 pmWhat's the indicators? any reason of the rise? any good news? This post has been edited by eltaria: Nov 21 2008, 12:15 PM |
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Nov 21 2008, 12:16 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 12:16 PM
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1,040 posts Joined: Apr 2005 |
Regional seems to be recovering... almost break even now.
Expected DJIA rebound tonight.. and i didn't manage to buy much~!!! |
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Nov 21 2008, 12:18 PM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
I bought a lot this morning. But have to sell off all today cos I'm going Singapore next week to jalan-jalan.
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Nov 21 2008, 12:19 PM
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1,214 posts Joined: Oct 2007 |
I sold my Zelan. Cut loss.
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Nov 21 2008, 12:20 PM
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Junior Member
453 posts Joined: Nov 2008 |
Go up go up ICI.
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Nov 21 2008, 12:24 PM
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Junior Member
205 posts Joined: Feb 2006 |
so, did knm oversold
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Nov 21 2008, 12:25 PM
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1,040 posts Joined: Apr 2005 |
missed my boat at zelan in low 0.8... and my knm at 0.55 work work...~~
Market turn tide dee.... Managed to get some more zelan at 0.84 after missing KNM at 0.55-0.56 ranges... hope it turns out good, DJIA is bound to have a strong technical rebound in the next few days. could be interesting Added on November 21, 2008, 12:26 pmSo crazy to know that it was in deep red this morning, now it'll be turning green? crazy stuffs indeed This post has been edited by eltaria: Nov 21 2008, 12:26 PM |
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Nov 21 2008, 12:27 PM
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Senior Member
1,404 posts Joined: Jun 2005 |
yes yes.. my ngiukee is bearing fruit !!
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Nov 21 2008, 12:27 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
so everyone's confidence is coming back now
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Nov 21 2008, 12:29 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 12:30 PM
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1,040 posts Joined: Apr 2005 |
.... weird, but there's mr market for u.. try to make my lunch money from zelan today or next week after dj rebound..
Regionals are turning green... |
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Nov 21 2008, 12:33 PM
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205 posts Joined: Feb 2006 |
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Nov 21 2008, 12:37 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 12:43 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 12:50 PM
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4,030 posts Joined: Apr 2008 |
Technical rebound only pana....it will hit resistance at 8000 before heading down to complete its breakdown.
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Nov 21 2008, 12:53 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 12:58 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
Haizzz... me working... didn't have time to look at the stocks....
Missed KINSTEL at 0.400-0.405.... |
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Nov 21 2008, 12:59 PM
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3,944 posts Joined: Jul 2008 |
So sien lar today ....not much drop
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Nov 21 2008, 01:00 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
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Nov 21 2008, 01:02 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 01:13 PM
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4,305 posts Joined: Sep 2008 |
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Nov 21 2008, 01:13 PM
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All Stars
52,874 posts Joined: Jan 2003 |
What makes Asian market turns to GREEN?
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Nov 21 2008, 01:15 PM
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Senior Member
3,589 posts Joined: Mar 2005 From: Bolehland |
is it EPF waking up late today, lol.
luckily didn't cut my loss yet |
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Nov 21 2008, 01:23 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 01:25 PM
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4,030 posts Joined: Apr 2008 |
QUOTE(SKY 1809 @ Nov 20 2008, 09:53 PM) No, Dow jones must complete the down wave count. But it won't just go straight down. Since the downwave is almost completed, volatility is at the max, one must buy on dips and sell on rallies. Dow will hit 6000+ in matter of weeks, even if the Fed cuts interest rate. |
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Nov 21 2008, 01:29 PM
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205 posts Joined: Feb 2006 |
QUOTE(AdamG1981 @ Nov 21 2008, 01:25 PM) No, Dow jones must complete the down wave count. But it won't just go straight down. Since the downwave is almost completed, volatility is at the max, one must buy on dips and sell on rallies. do you think KLCI will follow the trend? 600+Dow will hit 6000+ in matter of weeks, even if the Fed cuts interest rate. |
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Nov 21 2008, 01:30 PM
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453 posts Joined: Nov 2008 |
QUOTE(AdamG1981 @ Nov 21 2008, 02:25 PM) No, Dow jones must complete the down wave count. But it won't just go straight down. Since the downwave is almost completed, volatility is at the max, one must buy on dips and sell on rallies. Yahoo!!!! free fall to 6000. i ll prepare 100k bullet for the tsunami. Dow will hit 6000+ in matter of weeks, even if the Fed cuts interest rate. this is my rescue plan to help the country to rebuild the financial system. This post has been edited by sampoo: Nov 21 2008, 01:31 PM |
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Nov 21 2008, 01:34 PM
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4,030 posts Joined: Apr 2008 |
QUOTE(sueway @ Nov 20 2008, 10:29 PM) CI will be pressured; initially i predicted 700-800 for November, i don't think we are going to see the magic number of 800 this month. In December, window dressing might come to play. If we do a percentage loss count, from 1500 (peak) to 850 is just 40% loss, so we still might have another 10% to go. QUOTE(sampoo @ Nov 20 2008, 10:30 PM) Yahoo!!!! free fall to 6000. i ll prepare 100k bullet for the tsunami. I''ve been accumulating. this is my rescue plan to help the country to rebuild the financial system. |
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Nov 21 2008, 01:36 PM
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Senior Member
2,972 posts Joined: Jul 2006 From: OSINT |
So, anyone will be hire as a board director in the future. Choose your company wisely ..
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Nov 21 2008, 01:38 PM
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4,030 posts Joined: Apr 2008 |
Tonight prepare for another session of volatility; options expiry.
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Nov 21 2008, 01:40 PM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
I should buy more KNM and Kinstel. Only bought 2000 unit each
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Nov 21 2008, 01:45 PM
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1,470 posts Joined: Jun 2005 From: Securities Industry |
This thread is getting hot in LYN,so many Mod and Vip also follow ....
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Nov 21 2008, 01:47 PM
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4,030 posts Joined: Apr 2008 |
I will be arriving on KL Nov 26. Those who want to observe my US trades or FX market can give me a call.
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Nov 21 2008, 01:55 PM
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747 posts Joined: Jan 2003 |
dono what will happen to knm this afternoon. or perhaps should wait till next week only sell. not buying much so no difference also..
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Nov 21 2008, 01:57 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 02:03 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(gogo2 @ Nov 21 2008, 01:40 PM) Now turn greedy liao. QUOTE(lklatmy @ Nov 21 2008, 01:45 PM) Want to sign up a few clients from here? Haha. Ya, recent very hot chit chating in this thead, V17 only take 2 week to complete 2500 posts. It may be chance of the decade mah. |
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Nov 21 2008, 02:05 PM
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Senior Member
3,589 posts Joined: Mar 2005 From: Bolehland |
Nikkei still surging.
DJ Futures looking good |
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Nov 21 2008, 02:11 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
yah, greed taking place. money money money
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Nov 21 2008, 02:11 PM
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2,181 posts Joined: Oct 2007 |
hahahhha.....now ppl greed pulak fr fear ...how fast sentiments changed......heheeehe
i'll sell once it goes up .....keep cash first.....make sure have enuf money for Jan |
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Nov 21 2008, 02:13 PM
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417 posts Joined: Sep 2004 |
Brothers and sisters, may i know what platform u all using to trade KNM shares? i'm currently using Public Bank's share platform but they dun allow us to trade KNM & LIONIND shares online.... have to go through manual procedures and they charging a minimum rm40 for transaction...
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Nov 21 2008, 02:14 PM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
I use OSK188. Open account. And they let u trade for RM28.
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Nov 21 2008, 02:15 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(kinwawa @ Nov 21 2008, 02:11 PM) hahahhha.....now ppl greed pulak fr fear ...how fast sentiments changed......heheeehe Mood indeed changing very fast. i'll sell once it goes up .....keep cash first.....make sure have enuf money for Jan This morning we have 世界末日, then just less than 2 hours, we have 2,000 share not enough, should buy more. Haha, no offence. |
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Nov 21 2008, 02:16 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(haksam @ Nov 21 2008, 02:13 PM) Brothers and sisters, may i know what platform u all using to trade KNM shares? i'm currently using Public Bank's share platform but they dun allow us to trade KNM & LIONIND shares online.... have to go through manual procedures and they charging a minimum rm40 for transaction... This is the downside of nominee account, they cannot have more than 5%, once full, they don't allow you to buy. |
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Nov 21 2008, 02:16 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 02:17 PM
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1,040 posts Joined: Apr 2005 |
and worst still of all for those of us who thought the market will be red, and leave the stock market for a meeting, come back don't know what happen all the boats left pearl habor already....
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Nov 21 2008, 02:19 PM
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417 posts Joined: Sep 2004 |
They mentioned it's a high risk counter thus locking up status will be unknown till latest report by their risk analyst....
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Nov 21 2008, 02:19 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(eltaria @ Nov 21 2008, 02:17 PM) and worst still of all for those of us who thought the market will be red, and leave the stock market for a meeting, come back don't know what happen all the boats left pearl habor already.... Too late , Limit Up Not yet The kiasi Singapore also up 2.4% This post has been edited by SKY 1809: Nov 21 2008, 02:20 PM |
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Nov 21 2008, 02:21 PM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
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Nov 21 2008, 02:24 PM
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1,345 posts Joined: Dec 2007 |
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Nov 21 2008, 02:24 PM
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2,181 posts Joined: Oct 2007 |
i feel the fact is....others r already gotten used to the downside of Dow ....so...they like.....aiyah...dun bother la.....v know v r in recession liao la...v know US is hopeless for now.....but v still nd to buy share ....goreng share....n earn money
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Nov 21 2008, 02:25 PM
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453 posts Joined: Nov 2008 |
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Nov 21 2008, 02:27 PM
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1,345 posts Joined: Dec 2007 |
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Nov 21 2008, 02:28 PM
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829 posts Joined: May 2007 |
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Nov 21 2008, 02:29 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 02:29 PM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
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Nov 21 2008, 02:32 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 02:33 PM
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453 posts Joined: Nov 2008 |
i feel shock!
Good work for those who are steady and not doing panic selling. |
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Nov 21 2008, 02:34 PM
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Senior Member
3,589 posts Joined: Mar 2005 From: Bolehland |
green green green --> greed greed greed
This post has been edited by harrychoo: Nov 21 2008, 02:34 PM |
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Nov 21 2008, 02:37 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 02:42 PM
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1,040 posts Joined: Apr 2005 |
zelan not moving much, ceo cashing out at 0.84 :/
He singing give me give me more, give me more This post has been edited by eltaria: Nov 21 2008, 02:43 PM |
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Nov 21 2008, 02:44 PM
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2,646 posts Joined: Oct 2008 |
working just now busy till cannot key in order when its @today's bottom ahhhhh
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Nov 21 2008, 02:46 PM
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1,040 posts Joined: Apr 2005 |
klci stubborn... not green yet~!!!
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Nov 21 2008, 02:47 PM
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2,646 posts Joined: Oct 2008 |
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Nov 21 2008, 02:47 PM
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1,470 posts Joined: Jun 2005 From: Securities Industry |
QUOTE(panasonic88 @ Nov 21 2008, 01:57 PM) Got >one leh Added on November 21, 2008, 2:50 pm QUOTE(cherroy @ Nov 21 2008, 02:03 PM) Want to sign up a few clients from here? Haha. Ya, recent very hot chit chating in this thead, V17 only take 2 week to complete 2500 posts. It may be chance of the decade mah. This post has been edited by lklatmy: Nov 21 2008, 02:50 PM |
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Nov 21 2008, 02:52 PM
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1,040 posts Joined: Apr 2005 |
what sort of good service they give??
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Nov 21 2008, 02:52 PM
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467 posts Joined: Apr 2008 |
&*^%$##@$%.......Resorts, Not this time. But soon, soon I shall beat you below RM2.50. Keeping climbing, until the ladder breaks. Ha ha ha......
(The Saga continues, just like the ending scene of Star Wars.) This post has been edited by rayloo: Nov 21 2008, 02:53 PM |
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Nov 21 2008, 02:52 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
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Nov 21 2008, 02:54 PM
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1,040 posts Joined: Apr 2005 |
make or break hour for zelan, when u guys exiting?
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Nov 21 2008, 02:54 PM
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205 posts Joined: Feb 2006 |
afternoon, knm is still red like ang pao, alone
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Nov 21 2008, 02:55 PM
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3,589 posts Joined: Mar 2005 From: Bolehland |
still not green yet, all fund managers still not back from lunch and prayers is it
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Nov 21 2008, 02:59 PM
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1,040 posts Joined: Apr 2005 |
zelan sellers are holding back, huge q for buys though
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Nov 21 2008, 03:02 PM
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829 posts Joined: May 2007 |
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Nov 21 2008, 03:04 PM
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4,030 posts Joined: Apr 2008 |
DJIA Futures green; woohoo time to offload my shares.
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Nov 21 2008, 03:07 PM
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205 posts Joined: Feb 2006 |
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Nov 21 2008, 03:07 PM
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1,404 posts Joined: Jun 2005 |
offloading time.. just worry it is a trap... earn some enuf oredi..
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Nov 21 2008, 03:09 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 03:10 PM
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2,646 posts Joined: Oct 2008 |
TWSCORP drop like bomb and now shoot like rocket
This post has been edited by mo_meng: Nov 21 2008, 03:10 PM |
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Nov 21 2008, 03:10 PM
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4,030 posts Joined: Apr 2008 |
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Nov 21 2008, 03:10 PM
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594 posts Joined: Jan 2003 From: KL |
Woot! Cashed out from my Zelan, Scomi and LionDiv bought this morning. Looks like my week will end in green after all.
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Nov 21 2008, 03:12 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 03:17 PM
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2,646 posts Joined: Oct 2008 |
knm drop back
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Nov 21 2008, 03:17 PM
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4,305 posts Joined: Sep 2008 |
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Nov 21 2008, 03:20 PM
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453 posts Joined: Nov 2008 |
This post has been edited by sampoo: Nov 21 2008, 03:23 PM |
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Nov 21 2008, 03:21 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 03:23 PM
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1,409 posts Joined: Jan 2003 From: *...I see dead people... * |
any1 entering ioi?
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Nov 21 2008, 03:24 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 21 2008, 03:25 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(htt @ Nov 21 2008, 03:17 PM) Actually it could, nowadays, market up or down 5% or more like nothing, already get use. In normal time, 2-3% already considered huge move, now, 5-7% like norm. There are lot of short sellers in US market, as it is the way for make money out of this bear market. Once market up violently, it will create some short squeeze over the short period of time, which can send easily DJ up more than 5% or so. Once the short-seller covered, then another set of short sellers coming to sell down the rally, then market go back down again. DJ futures up near 300 now. |
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Nov 21 2008, 03:25 PM
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325 posts Joined: Dec 2005 |
up sikit sikit drop kau kau...
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Nov 21 2008, 03:26 PM
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1,404 posts Joined: Jun 2005 |
djia futures up so much, regional market react accordingly, but klci reluctant to go further up.
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Nov 21 2008, 03:27 PM
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325 posts Joined: Dec 2005 |
wanna ask TM still got hope ??...mmm
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Nov 21 2008, 03:28 PM
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453 posts Joined: Nov 2008 |
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Nov 21 2008, 03:39 PM
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1,970 posts Joined: Jan 2003 From: Malacca |
lucky i din cut loss for my UEMLAND....hope can go higher !
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Nov 21 2008, 03:43 PM
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1,040 posts Joined: Apr 2005 |
see u guys on monday then... seems like not much action already.
Night.. |
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Nov 21 2008, 03:59 PM
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4,305 posts Joined: Sep 2008 |
QUOTE(cherroy @ Nov 21 2008, 03:25 PM) Actually it could, nowadays, market up or down 5% or more like nothing, already get use. In normal time, 2-3% already considered huge move, now, 5-7% like norm. You know I didn't mean that There are lot of short sellers in US market, as it is the way for make money out of this bear market. Once market up violently, it will create some short squeeze over the short period of time, which can send easily DJ up more than 5% or so. Once the short-seller covered, then another set of short sellers coming to sell down the rally, then market go back down again. DJ futures up near 300 now. |
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Nov 21 2008, 04:03 PM
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1,404 posts Joined: Jun 2005 |
futures 7777 !! jackpot !!
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Nov 21 2008, 04:06 PM
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12 posts Joined: Apr 2008 |
what is futures? where to check it?
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Nov 21 2008, 04:10 PM
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1,404 posts Joined: Jun 2005 |
Sorry, i mean Mini Dow Jones, http://finance.yahoo.com/q?s=YMZ08.CBT
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Nov 21 2008, 04:36 PM
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4,030 posts Joined: Apr 2008 |
www.cnbc.com; or you can add me on msn. I will give you two futures reading, mini and big dow.
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Nov 21 2008, 04:47 PM
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829 posts Joined: May 2007 |
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Nov 21 2008, 04:47 PM
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1,523 posts Joined: Dec 2007 From: Puchong... |
anyone join in zelan today? |
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Nov 21 2008, 04:50 PM
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325 posts Joined: Dec 2005 |
a little bit more !! break it !!
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Nov 21 2008, 04:51 PM
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1,523 posts Joined: Dec 2007 From: Puchong... |
monday see Zelan on 0.75...ex date lor |
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Nov 21 2008, 04:55 PM
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325 posts Joined: Dec 2005 |
yes !!! 866
This post has been edited by spriggan: Nov 21 2008, 04:56 PM |
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Nov 21 2008, 04:56 PM
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2,646 posts Joined: Oct 2008 |
really tempted to buy in zelan
Added on November 21, 2008, 4:59 pm0.795 This post has been edited by mo_meng: Nov 21 2008, 04:59 PM |
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Nov 21 2008, 05:00 PM
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2,181 posts Joined: Oct 2007 |
wah......today all kena trick already....all Green green grass as opposed to bloody friday
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Nov 21 2008, 05:01 PM
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179 posts Joined: Jan 2003 From: Kuching |
everyone, prepare urselves for malaysia time bomb: interest rate cut.
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Nov 21 2008, 05:02 PM
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2,646 posts Joined: Oct 2008 |
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Nov 21 2008, 05:06 PM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
I think my tactic is wrong. I buying a very low unit. At least must buy RM2k and above.... else after remisier cut, its not making sense at all.
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Nov 21 2008, 05:09 PM
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2,646 posts Joined: Oct 2008 |
yup as u buy like 1000 .. u kena charge 28 which is 2.8% + other charges and when u sell x2+
so the stock u buy must increase around 6% when sell to breakeven correct me if im wrong This post has been edited by mo_meng: Nov 21 2008, 05:10 PM |
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Nov 21 2008, 05:10 PM
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1,345 posts Joined: Dec 2007 |
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Nov 21 2008, 05:11 PM
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1,040 posts Joined: Apr 2005 |
there is a min charge by the remisier, to minimize the % of the brokerage fees, you don't want to buy anything that'll be billed under the min charges..
for HLE, their min is RM 12 per transaction.. so if u buy not much the RM 12 will be a big %% |
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Nov 21 2008, 05:12 PM
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179 posts Joined: Jan 2003 From: Kuching |
bombs should be bad. =)
actually buying low unit is also good. hard to explain. will later when i have time. |
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Nov 21 2008, 05:13 PM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
QUOTE(fergie1100 @ Nov 21 2008, 05:10 PM) 20 lot for KNM20 lot for KINSTEL Added on November 21, 2008, 5:13 pm QUOTE(eltaria @ Nov 21 2008, 05:11 PM) there is a min charge by the remisier, to minimize the % of the brokerage fees, you don't want to buy anything that'll be billed under the min charges.. RM12 only? How about OSK?for HLE, their min is RM 12 per transaction.. so if u buy not much the RM 12 will be a big %% This post has been edited by gogo2: Nov 21 2008, 05:13 PM |
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Nov 21 2008, 05:15 PM
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Senior Member
2,359 posts Joined: Apr 2006 |
I queue quite low at 0.78 this morning..din get..
At closing time strong sell down at 0.805 and 0.80. i managed to buy some at 0.805. Tat counter give 5 sen dividen....will get about 1K+ after minus 25% tax.. Hope tat stock have support when open next Monday... v_viper88 QUOTE(hanif444 @ Nov 21 2008, 04:47 PM) |
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Nov 21 2008, 05:16 PM
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All Stars
52,874 posts Joined: Jan 2003 |
DJIA future looks great: 7,782.00 +295.00
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Nov 21 2008, 05:18 PM
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1,850 posts Joined: Jan 2003 |
May i know, if Bank Negara cut interest rate, what will the most likely impact ?
I assume, Share prices will rise Ringgit will weak. (learning from what happen to US for the past few months) |
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Nov 21 2008, 05:20 PM
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2,646 posts Joined: Oct 2008 |
QUOTE(viper88 @ Nov 21 2008, 05:15 PM) I queue quite low at 0.78 this morning..din get.. we buy now when announce coming div also can get?At closing time strong sell down at 0.805 and 0.80. i managed to buy some at 0.805. Tat counter give 5 sen dividen....will get about 1K+ after minus 25% tax.. Hope tat stock have support when open next Monday... v_viper88 |
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Nov 21 2008, 05:20 PM
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4,305 posts Joined: Sep 2008 |
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Nov 21 2008, 05:23 PM
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1,040 posts Joined: Apr 2005 |
If they anounce interest rate cut, and if djia perform tonight.. monday would be interesting..
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Nov 21 2008, 05:23 PM
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829 posts Joined: May 2007 |
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Nov 21 2008, 05:30 PM
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2,359 posts Joined: Apr 2006 |
Zelan EX date is next monday.
If buy today sure get the dividen.. if buy on monday.. no dividen. If still hold the stocks and have new coming dividen can get the new dividen also. I buy this counter coz EPF and Valuecap have shares in it. The buying demand is good also. Once the selloff over... hope this share can move up higher. v_viper88 QUOTE(mo_meng @ Nov 21 2008, 05:20 PM) This post has been edited by viper88: Nov 21 2008, 05:31 PM |
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Nov 21 2008, 05:31 PM
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1,345 posts Joined: Dec 2007 |
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Nov 21 2008, 05:32 PM
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829 posts Joined: May 2007 |
QUOTE(viper88 @ Nov 21 2008, 05:15 PM) I queue quite low at 0.78 this morning..din get.. Lets put the scenario on the table. for a 0.80-1.00 company which announced 5 cents dividend is considered quite substantial (nearly 5-8% of the share price). But even before the ex-date of the dividend, it came under massive selling pressure (all the way down from 1.30 to 0.80 over cents). By reality, the selling should be lesser before ex-date than after ex-date because substantial shareholders will gain a lot from the dividend. In Zelan's case the selling pressure looks never ending even before ex-date for dividend. What do you think they will do after qualifying for/receiving the dividend?? A simple answer will be that they will dump even more..At closing time strong sell down at 0.805 and 0.80. i managed to buy some at 0.805. Tat counter give 5 sen dividen....will get about 1K+ after minus 25% tax.. Hope tat stock have support when open next Monday... v_viper88 so do u think it will be well supported after it goes ex when the major shareholders are already dumping before the ex-date?? only monday can tell... |
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Nov 21 2008, 05:40 PM
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25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(Neo18 @ Nov 21 2008, 05:18 PM) May i know, if Bank Negara cut interest rate, what will the most likely impact ? Nothing, external factor is driving the stock market currently. Not local event.I assume, Share prices will rise Ringgit will weak. (learning from what happen to US for the past few months) Ringgit is actually at neutral overall and strong compared to like AUD, GBP, KRW etc. It dropped against Yen, and USD (safe heaven), while against othere, mostly not much different. |
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Nov 21 2008, 05:49 PM
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3,589 posts Joined: Mar 2005 From: Bolehland |
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Nov 21 2008, 05:51 PM
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1,850 posts Joined: Jan 2003 |
QUOTE(cherroy @ Nov 21 2008, 05:40 PM) Nothing, external factor is driving the stock market currently. Not local event. if they cut intest rate, will BLR be reduced to 6%? Ringgit is actually at neutral overall and strong compared to like AUD, GBP, KRW etc. It dropped against Yen, and USD (safe heaven), while against othere, mostly not much different. what they cut is the interbank intrest rate right? what are the implication on BLR? |
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Nov 21 2008, 05:56 PM
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4,030 posts Joined: Apr 2008 |
Ringgit become toilet paper....
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Nov 21 2008, 06:41 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
No fun..... was so busy with work.... missed KINSTEL at 0.40......
Never mind... monday taking leave..... woo hoo!!! |
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Nov 21 2008, 06:47 PM
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4,305 posts Joined: Sep 2008 |
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Nov 21 2008, 07:31 PM
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2,359 posts Joined: Apr 2006 |
Most counters have heavy sell down on 28/10 when US drop alot.. including Zelan drop till 0.96.
After dividen annoucement, Zelan rise up till 1.37.. and later keep drop back below 0.96 and even lower to 0.80 as per today close. The no. of shares bought over response also quite good since start drop. Theres still some support n demand. LIONIND also drop alot on 28/10 and its quite scary plunge ..... but later on, it starts to climb up back.. Fundamentally theres no obvious problem with that counter, the sell off most likely due to ppl sentiment in this bearish market. Lionind also give 1% dividen.. since its ex date is still far away.. it price still going up. I expect Zelan sell off pressure is at the peak today coz last day for ex-div. Next week the price will go lower due to ex-div but i feel the selling pressure will reduce and that counter might slowly stable down. Nobody knows what will happen next week, but i'm investing Zelan for mid term. Since this counter have EPF and Valuecap as its shareholder, theres possibility for the stock to rise later when the market calm down. v_viper88 QUOTE(verbatim @ Nov 21 2008, 05:32 PM) This post has been edited by viper88: Nov 21 2008, 07:39 PM |
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Nov 21 2008, 07:51 PM
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594 posts Joined: Jan 2003 From: KL |
I also can't quite understand the sell-off for Zelan, especially looking at the fundamentals. My opinion is that it's a combination of the CEO selling since he's leaving the company, and foreign funds selling to meet redemption back home like KNM. That's why I'm holding both - 300 lots each.
That said, I managed to contra 400 lots of Zelan today for about RM1,000 gain to try to make back for the paper loss. On the interest rate cut, I think the RM will weakened if it happens and which is why I bought AUD$20k this morning ...at a relatively low RM2.27 rate. |
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Nov 21 2008, 08:04 PM
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4,305 posts Joined: Sep 2008 |
QUOTE(wirelessdude @ Nov 21 2008, 07:51 PM) I also can't quite understand the sell-off for Zelan, especially looking at the fundamentals. My opinion is that it's a combination of the CEO selling since he's leaving the company, and foreign funds selling to meet redemption back home like KNM. That's why I'm holding both - 300 lots each. Btw, can someone explain what actually Zelan do That said, I managed to contra 400 lots of Zelan today for about RM1,000 gain to try to make back for the paper loss. On the interest rate cut, I think the RM will weakened if it happens and which is why I bought AUD$20k this morning ...at a relatively low RM2.27 rate. |
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Nov 21 2008, 08:23 PM
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97 posts Joined: Apr 2007 |
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Nov 21 2008, 08:48 PM
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1,040 posts Joined: Apr 2005 |
Zelan is primarily a construction company, their annual report actually does point to a solid fundamental. Another question mark as to who's doing the sell off and why?
The director via gem have already sold off almost all their shares already. the next group of ppl who can sell that much today, is hsbc? |
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Nov 21 2008, 08:56 PM
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2,972 posts Joined: Jul 2006 From: OSINT |
I wonder if there's any way to enter Jakarta Composite? Is it possible?
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Nov 21 2008, 09:20 PM
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2,359 posts Joined: Apr 2006 |
Wa.. not bad leh.. contra Zelan and make 1k.
I hesitated to chg my buy in target at 0.78 to 0.80 when it drop to 0.79-0.80 in the morning... then it rise up back to 0.84. U still have Zelan and KNM 300 lots each? 300 X 100 unit? or 300 X 1000 unit? I buy abit to get some dividen and see how it will fares in the coming few weeks. v_viper88 QUOTE(wirelessdude @ Nov 21 2008, 07:51 PM) I also can't quite understand the sell-off for Zelan, especially looking at the fundamentals. My opinion is that it's a combination of the CEO selling since he's leaving the company, and foreign funds selling to meet redemption back home like KNM. That's why I'm holding both - 300 lots each. That said, I managed to contra 400 lots of Zelan today for about RM1,000 gain to try to make back for the paper loss. On the interest rate cut, I think the RM will weakened if it happens and which is why I bought AUD$20k this morning ...at a relatively low RM2.27 rate. |
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Nov 21 2008, 09:36 PM
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All Stars
52,874 posts Joined: Jan 2003 |
European market is heading to RED region.
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Nov 21 2008, 09:50 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
yo cherroy, have you checked out the BKAWAN & KLK's latest financial report? it is out
dividends are equally good compare to previous year. approx 6% yield. KLK - 55 sens BKAWAN - 49 sens both oso poses a good revenue & profit. |
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Nov 21 2008, 10:03 PM
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54 posts Joined: Oct 2008 |
hi guys,
any posibility that penny stock will go bankrupt? eg:huaan,knm,kinstel,zelan.. i see these counter very popular.. apologies if i say something stupid.. |
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Nov 21 2008, 10:06 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
QUOTE(ProGamerCF @ Nov 21 2008, 10:03 PM) hi guys, omg you even have andy888's famous quote on your siggy!any posibility that penny stock will go bankrupt? eg:huaan,knm,kinstel,zelan.. i see these counter very popular.. apologies if i say something stupid.. Buy on "Share mana boleh Beli 1" Sell on "Mana mana share pun boleh Beli 1" are you andy888's duplicate |
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Nov 21 2008, 10:09 PM
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400 posts Joined: Jun 2007 |
been wondering ... how to know when is the ex-date for divendend for a counter??
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Nov 21 2008, 10:19 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 21 2008, 10:22 PM
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1,649 posts Joined: Jan 2003 |
what are good places to monitor foreign (usa) and (euro) indexes
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Nov 21 2008, 10:23 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
QUOTE(biatche @ Nov 21 2008, 10:22 PM) http://finance.yahoo.com/indices?e=dow_jonesBOOKMARK IT, i say. |
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Nov 21 2008, 10:23 PM
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All Stars
52,874 posts Joined: Jan 2003 |
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Nov 21 2008, 10:44 PM
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Senior Member
1,040 posts Joined: Apr 2005 |
+500 today ^^
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Nov 21 2008, 10:45 PM
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Junior Member
357 posts Joined: May 2006 |
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Nov 21 2008, 11:02 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
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Nov 21 2008, 11:05 PM
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All Stars
52,874 posts Joined: Jan 2003 |
DJIA is starting to lose momentum:
7,575.30 +23.01 +0.30% |
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Nov 21 2008, 11:28 PM
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Senior Member
1,404 posts Joined: Jun 2005 |
djia close to red zone.. Thank to citigroup news.
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Nov 21 2008, 11:32 PM
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Junior Member
357 posts Joined: May 2006 |
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Nov 21 2008, 11:39 PM
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Senior Member
4,030 posts Joined: Apr 2008 |
Patience.
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Nov 21 2008, 11:40 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
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Nov 21 2008, 11:52 PM
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Senior Member
2,359 posts Joined: Apr 2006 |
Last time min purchase 1 lot - 1000 units. Now the new min is 100 unit per purchase or 1 lot.
New purchase system oso show 100 unit X no. of lot For its easier to put no. units of share purchase to avoid confusion. v_viper88 QUOTE(kmarc @ Nov 21 2008, 11:40 PM) |
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Nov 21 2008, 11:59 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(viper88 @ Nov 21 2008, 11:52 PM) Last time min purchase 1 lot - 1000 units. Now the new min is 100 unit per purchase or 1 lot. Yeah, it's confusing.... I just had a disagreement with my boss 2 days ago..... I said 1 lot is 100 shares and he said it was 1000 shares..... I told him it has changed but he was sure it didn't..... New purchase system oso show 100 unit X no. of lot For its easier to put no. units of share purchase to avoid confusion. v_viper88 Maybe he was thinking I was just a noob in stock trading.... (which I am!!! This post has been edited by kmarc: Nov 22 2008, 12:00 AM |
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Nov 22 2008, 12:06 AM
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Junior Member
357 posts Joined: May 2006 |
now sys already change to 1 lot = 100 unit
it just my preference to refer to 1 lot = 1000 unit yeah... next time better put no. unit to avoid confusion... |
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Nov 22 2008, 12:15 AM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
QUOTE(viper88 @ Nov 21 2008, 09:20 PM) Wa.. not bad leh.. contra Zelan and make 1k. 300 x 100, so it's 30,000 shares each.I hesitated to chg my buy in target at 0.78 to 0.80 when it drop to 0.79-0.80 in the morning... then it rise up back to 0.84. U still have Zelan and KNM 300 lots each? 300 X 100 unit? or 300 X 1000 unit? I buy abit to get some dividen and see how it will fares in the coming few weeks. v_viper88 |
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Nov 22 2008, 05:02 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
Thank you Mr Obama for a wonderful week. Special thanks goes to Paulson, Kashkari, Pandit.....you guys the best!!
Rally to 8000? Yup, i called it. |
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Nov 22 2008, 05:12 AM
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All Stars
52,874 posts Joined: Jan 2003 |
Dow Jone closed at: 8,046.42 +494.13 +6.54%
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Nov 22 2008, 05:14 AM
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3,175 posts Joined: May 2006 |
credit to AdamG1981 for the earlier of today trades on AUD/JPY @ 59.20
you made me happier with 70 pips ps. i added another more longs at the bottom of AUD/JPY @ 58.95 at about 3.30am our time let me know when u come down to KL, have to treat you big time This post has been edited by bryanyeo87: Nov 22 2008, 06:04 AM |
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Nov 22 2008, 05:17 AM
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4,030 posts Joined: Apr 2008 |
QUOTE(bryanyeo87 @ Nov 21 2008, 02:14 PM) credit to AdamG1981 for the earlier of today trades on AUD/JPY @ 59.20 OT:you made me happier with 70 pips x 25 mini lots ps. i added another 15 lots total at the bottom of AUD/JPY @ about 3.30am our time let me know when u come down to KL, have to treat you big time No problem, TGIF @ Curve or Chillies @ One U? Do you mind if i bring couple of hotties? LOL |
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Nov 22 2008, 05:20 AM
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Senior Member
3,175 posts Joined: May 2006 |
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Nov 22 2008, 05:23 AM
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4,030 posts Joined: Apr 2008 |
QUOTE(bryanyeo87 @ Nov 21 2008, 02:20 PM) lets go man, presidante magaritta on me OT:ps. i might go crazy and shotgun trade with too many drinks like today Next week sure have to celebrate. I'll be down on Nov 26th; and will go out on the weekend. Club Quattro or MOS? haha, my stock is rallying...funny... Cheers man, have a good night. |
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Nov 22 2008, 06:54 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(AdamG1981 @ Nov 22 2008, 05:23 AM) OT: Goodness.. celebrating already? Next week sure have to celebrate. I'll be down on Nov 26th; and will go out on the weekend. Club Quattro or MOS? haha, my stock is rallying...funny... Cheers man, have a good night. Yeah.. Obama chosen new Treasury guy.. good news on that part. But.. watch out next week. fundalmentals and confidence are still weak. Could be going for another dip.. this time.. maybe reaching below 7000. |
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Nov 22 2008, 07:47 AM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
yay! Monday can sell my Sapcres already!
Kinwawa, are you selling yours? |
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Nov 22 2008, 08:58 AM
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23,851 posts Joined: Dec 2006 |
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Nov 22 2008, 09:20 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(panasonic88 @ Nov 21 2008, 09:50 PM) yo cherroy, have you checked out the BKAWAN & KLK's latest financial report? it is out Now checking, just wake up though. dividends are equally good compare to previous year. approx 6% yield. KLK - 55 sens BKAWAN - 49 sens both oso poses a good revenue & profit. Not much to shout about the financial result, EPS for Q for KLK is 25 cents, so at 8.00, with PER 8x, and with future earning going to drop, seems fair only, not very cheap though. The main attraction comes from dividend yield. So 1 year+ FD interest rate in the bag. Short term (need to repay within 12 months) borrowing is about 850 millions, longer term borrowing 900 million, cash also up to 1.1 billions, a lot of borrowing are in foreign currency like RMB, HKD, USD. (KLK has downstream operation in China, may be that's why a lot in RMB). The company has proposed USD 300 millions bonds, which is seen to finance the repayment of the short term debt. If no bonds, or extra borrowing being raised, cashflow will be reduced which means future dividend will be lesser, as earning expects to be drop at least 30% or more. This kind of result won't boost stock price much, but dividend could attract some buyers. Actually if compared both, BKawan is cheaper than KLK. FYI, BKawan is the substantial shareholder of KLK (more than 50% if not mistaken, so by holding Bkawan, indirectly you are having KLK as well. KLK profit is channelled as associated company profit in Bkawan finance book. But Bkawan is not index linked and having low liquidity, funds managers won't touch this kind of stock, resulted low demand for this stock, while KLK is index linked and high in liquidity so there are a lot of funds managers including foreigners are in it. So if one opt and wish to see more stock price appreciation, KLK should be the choice. But Bkawan is a cheaper alternative to access into KLK, but stock price wise, most of the time Bkawan underperforms compared to KLK. KLK Dividend 45 cents less tax 25%, 10 cents tax exempted. Bkawan is 9 cents less tax 25%, 40 cents single tier. |
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Nov 22 2008, 09:46 AM
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10,123 posts Joined: Aug 2007 |
Got a question to ask the Forex players here.
What do you think of Australia currency now.. further downside or upside against US dollars in the next 6-12 months.. say if global economy still weak & hasn't recover. Currently, Australia interest rate is still high compared to US and Japan who have slashed theirs like crazy. This post has been edited by danmooncake: Nov 22 2008, 09:48 AM |
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Nov 22 2008, 09:56 AM
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4,305 posts Joined: Sep 2008 |
QUOTE(eltaria @ Nov 21 2008, 08:48 PM) Zelan is primarily a construction company, their annual report actually does point to a solid fundamental. Another question mark as to who's doing the sell off and why? Oic, thanks. The director via gem have already sold off almost all their shares already. the next group of ppl who can sell that much today, is hsbc? |
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Nov 22 2008, 09:57 AM
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2,359 posts Joined: Apr 2006 |
News on Zealn from thestar.com.my.
As i expected, EPF and other main share holder supporting this counter. v_viper88 Saturday November 22, 2008 Shares in Zelan heavily sold down By YEOW POOI LING PETALING JAYA: Zelan Bhd shares were heavily sold down after its chief executive officer Chang Si Fock @ Chang See Fock disposed of most of his shares in the past few days. Yesterday, the stock fell 8% to 80 sen at the close. Chang’s 30%-owned Noble Gem Sdn Bhd has disposed of 30 million shares since Nov 11, reducing its stake in Zelan to 0.33% from 5.72% previously. The Employees Provident Fund, however, raised its stake to almost 8% from 7.3% before. MMC Corp Bhd is the major shareholder with over 39%. Zelan is involved in the construction sector with a niche in power plants. On Wednesday, Zelan told Bursa Malaysia that its board had allowed the contract of Chang, the company’s founding member, to lapse on Jan 31, 2009. Last week, Zelan chairman Tan Sri Abdul Halim Ali resigned from his post. It is learnt that the Zelan board has renewed the contract of chief operating officer Khoo Boo Seong. He will be heading the management team temporarily upon Chang’s retirement. An analyst at a local brokerage said based on previous ch anges in businesses owned by tycoon Tan Sri Syed Mokhtar Al-Bukhary, it was likely that one of his associates would be appointed for Chang’s job. “Although it is possible that Zelan’s board may appoint an existing member of the senior management, it does seem like Syed Mokhtar prefers to have his key people to lead the team,” he said. |
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Nov 22 2008, 10:01 AM
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Senior Member
4,305 posts Joined: Sep 2008 |
QUOTE(ProGamerCF @ Nov 21 2008, 10:03 PM) hi guys, Sometime penny stock doesn't means fragile business, you have to check the fundamental of the company before making your decision. Any company can go insolvent, but those with high short term liabilities and little cash especially dangerous. Just me 2 cents. any posibility that penny stock will go bankrupt? eg:huaan,knm,kinstel,zelan.. i see these counter very popular.. apologies if i say something stupid.. |
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Nov 22 2008, 10:05 AM
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Senior Member
4,897 posts Joined: Aug 2005 |
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Nov 22 2008, 10:08 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(danmooncake @ Nov 22 2008, 09:46 AM) Got a question to ask the Forex players here. It depends on the time frame of the recovery. Aussie movement is positive correlated to commodities and stock market currently. Once economy recover, the demand for commodities will pick up as Aussie is seen as commodities based currency, generally it will follow suit.What do you think of Australia currency now.. further downside or upside against US dollars in the next 6-12 months.. say if global economy still weak & hasn't recover. Currently, Australia interest rate is still high compared to US and Japan who have slashed theirs like crazy. RBA will be going to slash another 0.5-1.0% interest rate as well in the near future, which market expects it will go as low as 4% and may be 3.5% as well if global economy condition deteoriate further. This post has been edited by cherroy: Nov 22 2008, 10:08 AM |
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Nov 22 2008, 10:08 AM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(htt @ Nov 22 2008, 10:01 AM) Sometime penny stock doesn't means fragile business, you have to check the fundamental of the company before making your decision. Any company can go insolvent, but those with high short term liabilities and little cash especially dangerous. Just me 2 cents. Yes, I do agree with you.Big banks in US also failed badly. There are risks that you have to take. Whether you can bear the risks. Being penny, the sum involved is smaller unless you buy 1000 lots. Not all penny stocks are without fundamental, though not so solid as blue chips. Let say a share e.g A costs only 24sen . There are many stocks that not so blue chips, also lose about 20sen this or last week. Practically you are writing off this share A almost completely with 20sen loss ( e.g buying Zelan at rm one ). It is easier to do Dollar Cost Averaging on penny stocks. Not comparing apple with apple. This post has been edited by SKY 1809: Nov 22 2008, 10:43 AM |
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Nov 22 2008, 10:13 AM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
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Nov 22 2008, 10:17 AM
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23,851 posts Joined: Dec 2006 |
QUOTE(sharesa @ Nov 22 2008, 10:13 AM) thanks....1000 lots how I wish Selling Kinsteel bought at 40sen 100 lots, hold if it falls.altogether 80 lots bought last week one maybe can sell next week. How about you, Sky, any shares you plan to sell next week? Huaan, need to release some from stockpile, 800 lots. |
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Nov 22 2008, 10:49 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(SKY 1809 @ Nov 22 2008, 10:17 AM) Selling Kinsteel bought at 40sen 100 lots, hold if it falls. Wonder whether KINSTEL can fall further.... monday would probably be green?Huaan, need to release some from stockpile, 800 lots. Say, how do we buy HSBC stocks? This post has been edited by kmarc: Nov 22 2008, 10:49 AM |
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Nov 22 2008, 11:17 AM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(kmarc @ Nov 22 2008, 10:49 AM) Wonder whether KINSTEL can fall further.... monday would probably be green? Nowaday , I buy stocks, I have to constantly ask what if it falls. What should i do.Say, how do we buy HSBC stocks? I do not have any data on HSBC, so i cannot help you either. But Pound is still dropping, could have some currency risk in investing in HSBC. This post has been edited by SKY 1809: Nov 22 2008, 11:22 AM |
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Nov 22 2008, 11:32 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(cherroy @ Nov 22 2008, 10:08 AM) It depends on the time frame of the recovery. Aussie movement is positive correlated to commodities and stock market currently. Once economy recover, the demand for commodities will pick up as Aussie is seen as commodities based currency, generally it will follow suit. RBA scheduled another rate cut? That's means Aussie dollars have further downside. RBA will be going to slash another 0.5-1.0% interest rate as well in the near future, which market expects it will go as low as 4% and may be 3.5% as well if global economy condition deteoriate further. Added on November 22, 2008, 11:36 am QUOTE(SKY 1809 @ Nov 22 2008, 11:17 AM) Nowaday , I buy stocks, I have to constantly ask what if it falls. What should i do. I'm sure I understand the correlation there.I do not have any data on HSBC, so i cannot help you either. But Pound is still dropping, could have some currency risk in investing in HSBC. You're not buying the HSBC in UK pounds right? This post has been edited by danmooncake: Nov 22 2008, 11:36 AM |
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Nov 22 2008, 12:37 PM
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Junior Member
21 posts Joined: Jan 2003 |
Which website has the following information for all the listed companies in Malaysia?
1. ROE 2. EPS Growth Rate 3. P/E 4. Average P/E (for past 5 or 10 years) 5. D/E 6. Dividend Payout |
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Nov 22 2008, 12:41 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(SKY 1809 @ Nov 22 2008, 11:17 AM) Nowaday , I buy stocks, I have to constantly ask what if it falls. What should i do. I see.... thx for the input...I do not have any data on HSBC, so i cannot help you either. But Pound is still dropping, could have some currency risk in investing in HSBC. My friend told me that I can't buy HSBC using normal trading account.... not too sure how to go about it.... |
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Nov 22 2008, 12:50 PM
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357 posts Joined: May 2006 |
QUOTE(SKY 1809 @ Nov 22 2008, 10:17 AM) Selling Kinsteel bought at 40sen 100 lots, hold if it falls. 800 lots x 100? Huaan, need to release some from stockpile, 800 lots. Quite a lots.. I also hv Huaan, bought at higher price so need to keep it for awhile.. Do you think the price can go up to 0.30++? See last night DJ close at 8000, what do you guys think about next week... will be better.. or go down to 7000? Next week also last week of November... Friday will be window dressing day? |
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Nov 22 2008, 01:22 PM
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4,305 posts Joined: Sep 2008 |
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Nov 22 2008, 02:54 PM
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23,851 posts Joined: Dec 2006 |
QUOTE(danmooncake @ Nov 22 2008, 11:32 AM) RBA scheduled another rate cut? That's means Aussie dollars have further downside. Well, EEC banks are on the way to retrench thousands of staff.Added on November 22, 2008, 11:36 am I'm sure I understand the correlation there. You're not buying the HSBC in UK pounds right? Any investments not quoted on Bursa are in foreign currencies, including unit trusts. Pounds can be the currency where accounts are kept. Correct me if I am wrong. Added on November 22, 2008, 3:00 pmHSBC Holdings plc is a public limited company incorporated in England and Wales, headquartered in London.[2] As of 2008, it is both the world's largest banking group and the world's largest company according to a composite measure by Forbes magazine.[3][4] "HSBC" is an abbreviation for The Hongkong and Shanghai Banking Corporation. Today, while Hong Kong continues to be a significant source of income for the group, no single geographical area dominates earnings. Recent acquisitions and expansion in China are returning HSBC to part of its roots.[5] HSBC is Europe's biggest bank and has an enormous operational base in Asia and significant lending, investment, and insurance activities around the world. The company has a global reach and financial fundamentals matched by few other banking or financial multinationals.[6] HSBC is listed on the London, New York, and Hong Kong Stock Exchanges, and is a constituent of the FTSE 100 Index and the Hang Seng Index. This post has been edited by SKY 1809: Nov 22 2008, 03:00 PM |
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Nov 22 2008, 03:04 PM
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4,030 posts Joined: Apr 2008 |
QUOTE(danmooncake @ Nov 21 2008, 03:54 PM) Goodness.. celebrating already? Yeah.. Obama chosen new Treasury guy.. good news on that part. But.. watch out next week. fundalmentals and confidence are still weak. Could be going for another dip.. this time.. maybe reaching below 7000. Celebratation is a must, a job well done after a long week. Added on November 22, 2008, 3:05 pm QUOTE(SKY 1809 @ Nov 21 2008, 07:17 PM) Selling Kinsteel bought at 40sen 100 lots, hold if it falls. Woohoo, make sure you make a lot of money on Monday. Huaan, need to release some from stockpile, 800 lots. This post has been edited by AdamG1981: Nov 22 2008, 03:05 PM |
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Nov 22 2008, 03:11 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(AdamG1981 @ Nov 22 2008, 03:04 PM) Celebratation is a must, a job well done after a long week. Added on November 22, 2008, 3:05 pm Woohoo, make sure you make a lot of money on Monday. Certainly have to offload some on Monday. Dow is in the "mood" of catching short sellers at the bottom, am I right ? There seems to be a link in Asia for that purpose. This post has been edited by SKY 1809: Nov 22 2008, 06:15 PM |
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Nov 22 2008, 03:14 PM
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4,030 posts Joined: Apr 2008 |
QUOTE(SKY 1809 @ Nov 22 2008, 12:11 AM) Thank you, Sifu. The volatility and fX movements are showing signs of bottoming for Dow, but Dow has more room to drop before reaches "fair value". I think we are close. Now its better to be on the long side rather than the short side.Certainly have to offload some on Monday. Dow is the "mood" of catching short sellers at the bottom, am I right ? There seems to be a link in Asia for that purpose. |
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Nov 22 2008, 03:17 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 22 2008, 03:23 PM
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4,030 posts Joined: Apr 2008 |
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Nov 22 2008, 03:36 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(AdamG1981 @ Nov 22 2008, 03:23 PM) I am waiting for Citigroup to hit below 1, and then i will buy shares. Another wachovia in the making... Good venture. Lose a bit but win big in time to come.1000 shares for less than 1000 usd, if Citi bks, i lose 1000, but if Citi does it indeed got sold off, 5-6 usd per share...lol.... Afterall, Singapore Government odeli poured Billions of US $ into Citibank last year. Share price could shoot up once they change the CEO of Citi. Gold is everywhere in US for investors like you to pick. Best of luck to you. This post has been edited by SKY 1809: Nov 22 2008, 03:42 PM |
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Nov 22 2008, 04:17 PM
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Senior Member
1,404 posts Joined: Jun 2005 |
tsarena, i also bought a lot of huaan. holding 2k(x100units) lots all bought in different price. I'll wait for about 6-12 months. My target price by the time is rm0.40 above.
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Nov 22 2008, 05:31 PM
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Senior Member
2,359 posts Joined: Apr 2006 |
OSK188 o9 trading stock Database have good information.
Its link to KLSE tracker. It also have main shareholder name for tat stock. Excellent info compare to other o9 trading system. You need to have an acct with OSK to access n view it. v_viper88 QUOTE(khlee72 @ Nov 22 2008, 12:37 PM) |
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Nov 22 2008, 05:50 PM
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Senior Member
2,972 posts Joined: Jul 2006 From: OSINT |
Is there any website, blog, or forum that give a good info about stock or recommend some good stocks to buy with their own research and buy at your own risk principle? Even though there's a little payment, or a little donation for their effort, is there any?
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Nov 22 2008, 06:13 PM
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QUOTE(Irzani @ Nov 22 2008, 05:50 PM) Is there any website, blog, or forum that give a good info about stock or recommend some good stocks to buy with their own research and buy at your own risk principle? Even though there's a little payment, or a little donation for their effort, is there any? If you sign up with the remisiers or online ebrokerage, you will gain access to that company's research papers..nexttrade.blogspot.com seems good too. This post has been edited by eltaria: Nov 22 2008, 06:15 PM |
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Nov 22 2008, 06:45 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(SKY 1809 @ Nov 22 2008, 02:54 PM) Well, EEC banks are on the way to retrench thousands of staff. Does that mean we can't buy HSBC stocks from local malaysian trading account?Any investments not quoted on Bursa are in foreign currencies, including unit trusts. Pounds can be the currency where accounts are kept. Correct me if I am wrong. Added on November 22, 2008, 3:00 pmHSBC Holdings plc is a public limited company incorporated in England and Wales, headquartered in London.[2] As of 2008, it is both the world's largest banking group and the world's largest company according to a composite measure by Forbes magazine.[3][4] "HSBC" is an abbreviation for The Hongkong and Shanghai Banking Corporation. Today, while Hong Kong continues to be a significant source of income for the group, no single geographical area dominates earnings. Recent acquisitions and expansion in China are returning HSBC to part of its roots.[5] HSBC is Europe's biggest bank and has an enormous operational base in Asia and significant lending, investment, and insurance activities around the world. The company has a global reach and financial fundamentals matched by few other banking or financial multinationals.[6] HSBC is listed on the London, New York, and Hong Kong Stock Exchanges, and is a constituent of the FTSE 100 Index and the Hang Seng Index. BTW, how do Malaysian buy HSBC stocks? |
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Nov 22 2008, 06:48 PM
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2,359 posts Joined: Apr 2006 |
Here have alot Stock market Bloggers website links.
http://bursastreet.blogspot.com/ Some are grandmaster stock sifu.. but some other just read for fun. some got nice mtv, babes pics, etcs. v_viper88 QUOTE(Irzani @ Nov 22 2008, 05:50 PM) Is there any website, blog, or forum that give a good info about stock or recommend some good stocks to buy with their own research and buy at your own risk principle? Even though there's a little payment, or a little donation for their effort, is there any? This post has been edited by viper88: Nov 22 2008, 07:04 PM |
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Nov 22 2008, 07:00 PM
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2,972 posts Joined: Jul 2006 From: OSINT |
QUOTE(viper88 @ Nov 22 2008, 06:48 PM) Here have alot Stock market Bloggers website links. Woo .. mandarin? Cantonese? mixed English .. http://bursastreet.blogspot.com/ Some are grandmaster stock sifu.. but some other just read for fun. some got nice mtv, babes pics, etcs. v_viper88 But, thank you, add to favorite link .. This post has been edited by Irzani: Nov 22 2008, 07:01 PM |
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Nov 22 2008, 07:05 PM
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4,030 posts Joined: Apr 2008 |
Daily chart for Australia Dollar.
Pending collapse of Aussie Dollar. 60 cents is temporary support since the RBA has done openly money market operations (buying back aud) ![]() As you can see, lower high, lower low. The temporary support of 60 cents to a dollar will be tested after the OPEC meeting. Next support will be 55 cents. Added on November 22, 2008, 7:08 pmFor all commodities stocks contra players, you have to exit prior OPEC meeting. There will be a mildy strong rebound on the anticipation of a bigger cut from OPEC. However, sell before OPECs announcement is made when they meet at Geneva. This post has been edited by AdamG1981: Nov 22 2008, 07:09 PM |
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Nov 22 2008, 09:41 PM
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2,359 posts Joined: Apr 2006 |
I just read The Edge magazines just now. There's news on Zelan.
Seems good. v_viper88 |
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Nov 22 2008, 09:56 PM
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4,030 posts Joined: Apr 2008 |
Get ready for a drop to 7000, citigroup to drop to USD 1, financials and retailers will be dragged down.
It's a big storm coming... |
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Nov 22 2008, 10:33 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(viper88 @ Nov 22 2008, 09:41 PM) Good in what sense? Long-term investment? QUOTE(AdamG1981 @ Nov 22 2008, 09:56 PM) Get ready for a drop to 7000, citigroup to drop to USD 1, financials and retailers will be dragged down. What about KLSE? Any predictions?It's a big storm coming... The reason I asked is because KLSE doesn't seem to follow the world market...... |
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Nov 22 2008, 10:41 PM
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All Stars
23,851 posts Joined: Dec 2006 |
Obama says drafting bold economic stimulus
By Caren Bohan and Jeff Mason CHICAGO (Reuters) - U.S. President-elect Barack Obama said on Saturday that he was crafting an aggressive, two-year stimulus plan to revive the troubled economy, warning that swift action was needed to prevent a deep slump and a spiral of falling prices. President-elect Barack Obama smiles as he goes to pay his bill at Manny's Coffee Shop and Deli in Chicago, Illinois November 21, 2008. (REUTERS/Frank Polich) "If we don't act swiftly and boldly, most experts now believe that we could lose millions of jobs next year," Obama said in prepared remarks for the weekly Democratic radio and video address. "We now risk falling into a deflationary spiral that could increase our massive debt even further," he said. A day after U.S. stock markets rallied on his apparent choice of Timothy Geithner as Treasury secretary, Obama gave a bleak assessment of the economy in his most detailed comments on the subject since winning the Nov. 4 election. Obama in October called for a $175 billion stimulus measure, but his comments in the radio address on Saturday signaled he was prepared to push for a much larger package, though he did not give a price-tag. He said the plan would set a goal of creating 2.5 million more jobs by January 2011 and would be "big enough to meet the challenges we face." The proposal for a two-year stimulus plan further indicated a sizable effort. Most such plans are aimed at covering a one-year period. The number of Americans on the unemployment rolls surged to the highest in 16 years, up more than 540,000, the Labor Department said on Thursday. Government data also painted an increasingly dire picture of the housing market. "The news this week has only reinforced the fact that we are facing an economic crisis of historic proportions," Obama said. GEITHNER LIKELY TO HEAD TREASURY Democratic sources said Obama had chosen Geithner, the respected president of the New York Federal Reserve, to take the helm at Treasury and help pull the United States out of an economic nosedive. U.S. stocks, which had been sinking all week, surged more than 6 percent on the news that Geithner, 47, had been selected. U.S. Treasuries fell and the dollar surged. Obama is expected to formally announced the pick of Geithner on Monday, according to NBC. The president-elect and his team have worked to lower expectations that he will be able to fix the economic challenges right away, a theme he reiterated in his address. "There are no quick or easy fixes to this crisis, which has been many years in the making, and it's likely to get worse before it gets better," Obama said. Obama, who takes over from President George W. Bush on Jan. 20, said he had directed his economic team to draft the stimulus proposal and predicted the Democratic-led Congress would quickly approve it for his signature. "We'll be working out the details in the weeks ahead, but it will be a two-year, nationwide effort to jump-start job creation in America and lay the foundation for a strong and growing economy," Obama said. Congressional Democrats have promised to make a broad economic stimulus a top priority when they reconvene in January. The package is expected to include tax cuts for the middle class and billions of dollars for public works projects, such as the construction of roads, bridges and mass transit. Hobbled U.S. automakers are negotiating with lawmakers and the White House over a bailout package which they say is urgently needed. While supporting the idea of a cash infusion for the automakers, Obama has kept a low profile in that debate. Invoking the principle that the United States should have only one president at a time, he is remaining for now in his home city of Chicago, focusing on forming his Cabinet and putting together his policy plans. Copyright © 2008 Reuters |
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Nov 22 2008, 11:29 PM
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3,944 posts Joined: Jul 2008 |
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Nov 22 2008, 11:35 PM
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2,359 posts Joined: Apr 2006 |
MMC now is the main shareholder of Zelan. EPF also up its stakes in Zelan.
The news says theres possibility of privatisation or inject 99.9% of MMC Engineering into Zelan. Another fund manager also says buying Zelan at below 0.90 is like buying it for free based on its financial , current biz projects value, capital/assets etcs when its share rises back in 2-3 yrs times v_viper88 QUOTE(kmarc @ Nov 22 2008, 10:33 PM) |
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Nov 22 2008, 11:40 PM
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400 posts Joined: Jun 2007 |
when is opec meeting then??
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Nov 23 2008, 12:13 AM
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4,305 posts Joined: Sep 2008 |
QUOTE(AdamG1981 @ Nov 22 2008, 03:23 PM) I am waiting for Citigroup to hit below 1, and then i will buy shares. Another wachovia in the making... But I am wondering is their business in such a critical stage? All the way to 3+ now, itchy to get some too 1000 shares for less than 1000 usd, if Citi bks, i lose 1000, but if Citi does it indeed got sold off, 5-6 usd per share...lol.... |
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Nov 23 2008, 12:27 AM
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1,712 posts Joined: Jan 2003 |
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Nov 23 2008, 12:36 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(arthas @ Nov 23 2008, 12:27 AM) will KLSE ever get affected? seems like we are not really "connected" with the performance of the US market KLSE get a bit of dip but not much because all the big boys are left to play alone.If Obama's plan hit the streets on Monday, I think DJ may rise due to confidence but it all also depends on CitiGroup, which is running out of cash. On one of Obama's plan - the alternative energy . if this do gets thru, this may cause less oil consumption from US. In future, Malaysia and other OPEC nations could suffer in the long run because Malaysia revenue now is very dependent on oil and we have zero alternative energy plan. Now, I guess that's one of the key reason why Malaysia govt refuses to lower price of petrol to match global oil prices that has gone down is because govt don't have money and we tax payers now have to reverse subsidy the govt for their massive expenditure.This is very bad. This post has been edited by danmooncake: Nov 23 2008, 12:38 AM |
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Nov 23 2008, 12:37 AM
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3,037 posts Joined: Jun 2007 |
QUOTE(viper88 @ Nov 22 2008, 11:35 PM) MMC now is the main shareholder of Zelan. EPF also up its stakes in Zelan. I don't know why but I keep questioning the reason why the director is disposing the shares to the market. Even if the contract their contract tenure is not renewed, they can still keep the shares if the prospects of Zelan is good. Furthermore, if they had a clause that they need to sell the shares, they could've arranged for a negotiated offer for their 5% holding. Rarely you see directors dumping the shares unless something is amiss. The news says theres possibility of privatisation or inject 99.9% of MMC Engineering into Zelan. Another fund manager also says buying Zelan at below 0.90 is like buying it for free based on its financial , current biz projects value, capital/assets etcs when its share rises back in 2-3 yrs times v_viper88 Especially when there is a dividend payout due in December. And they know this because they are in the board that approves it. By selling off everything in the market uncontrolled, they are basically getting out as fast as they can. Even substantial shareholders JPMorgan which is now not a substantial shareholder anymore, is dumping the shares slowly. Since they are not a substantial shareholder or below 5% holdings, they do not need to report anymore of their dumping activities. So I won't be surprised if Zelan share continue to weaken from this activities. So I hope people who are buying this share for 'long term' holding, ask themselves this, WHY is the big fishes running? What is it they know that we don't? |
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Nov 23 2008, 12:42 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
KLCI might drop below 800. Again; might.
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Nov 23 2008, 12:55 AM
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2,972 posts Joined: Jul 2006 From: OSINT |
I thought Monday will be super green day?
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Nov 23 2008, 12:56 AM
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Try get the latest Edge Magazines and read up.. theres some write up on this issues.
It got something to do with the current zelan main shareholder and MMC Bukhari guy about ctrl rights/plans for Zelan. I myself also dont know wats actually the real reason of the heavy selloff but since MMC and EPF also actively buy Zelan shares since it drop ... i feel there is still some good value in this counter. If feel investing in this counter doesn't suit a person's risk appetite, better stay away from this counter. v_viper88 QUOTE(skiddtrader @ Nov 23 2008, 12:37 AM) This post has been edited by viper88: Nov 23 2008, 01:11 AM |
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Nov 23 2008, 12:58 AM
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4,030 posts Joined: Apr 2008 |
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Nov 23 2008, 01:00 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(skiddtrader @ Nov 23 2008, 12:37 AM) I don't know why but I keep questioning the reason why the director is disposing the shares to the market. Even if the contract their contract tenure is not renewed, they can still keep the shares if the prospects of Zelan is good. Furthermore, if they had a clause that they need to sell the shares, they could've arranged for a negotiated offer for their 5% holding. Rarely you see directors dumping the shares unless something is amiss. Thanx for your input. I was really thinking of buying this counter but now thinking twice.... or thrice!!!Especially when there is a dividend payout due in December. And they know this because they are in the board that approves it. By selling off everything in the market uncontrolled, they are basically getting out as fast as they can. Even substantial shareholders JPMorgan which is now not a substantial shareholder anymore, is dumping the shares slowly. Since they are not a substantial shareholder or below 5% holdings, they do not need to report anymore of their dumping activities. So I won't be surprised if Zelan share continue to weaken from this activities. So I hope people who are buying this share for 'long term' holding, ask themselves this, WHY is the big fishes running? What is it they know that we don't? I was just speaking to a remisier and he said zelan is not that good a stock to hold.... didn't have time to talk much..... hmmm...... difficult... difficult..... On the other hand, EPF increased their stake in this company... I'm sure they would have done their homework before investing in this one.... Here's some interesting read/link: http://findarticles.com/p/articles/mi_qn62...ag=artBody;col1 Quote from page 2 : "Conclusion KAF Research reckons that Zelan - currently trading at around 10x FY2009 headline price-to-earnings ratio (PER) - is the cheapest construction stock in its universe. However, this is distorted by its 82.3 million share stake in IJM Corporation Bhd and its strong net cash position" Hmmm... to buy or not to buy.... that is the question..... Added on November 23, 2008, 1:03 am QUOTE(viper88 @ Nov 23 2008, 12:56 AM) Try get the latest Edge Magazines and read up.. theres some write up on this issues. Mind giving a summary of what's happening? It got something to do with the current zelan main shareholder and MMC Bukhari guy about ctrl rights/plans for Zelan. v_viper88 This post has been edited by kmarc: Nov 23 2008, 01:03 AM |
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Nov 23 2008, 01:10 AM
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170 posts Joined: Mar 2008 |
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Nov 23 2008, 01:11 AM
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4,030 posts Joined: Apr 2008 |
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Nov 23 2008, 01:14 AM
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I'm not good at summarize things up. Maybe its better u read the magazine to get better understanding.
I myself also dont know wats actually the real reason of the heavy selloff but since MMC and EPF also actively buy Zelan shares since it drop ... i feel there is still some good value in this counter. From KLSE database tracker i chk Zelan financial and current assets /capital/biz still strong. If feel investing in this counter doesn't suit a person's risk appetite, better stay away from this counter. Or want to invest like me, i'll go in stages by stages. I bought at 0.805 the day bfr ex-dividen. Get some dividen to support abit. v_viper88 QUOTE(kmarc @ Nov 23 2008, 01:00 AM) This post has been edited by viper88: Nov 23 2008, 01:20 AM |
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Nov 23 2008, 01:27 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
QUOTE(AdamG1981 @ Nov 23 2008, 12:58 AM) Haha, when you look at the US economic data and retail earnings this coming week, you want to be a seller on monday, not a buyer. if Monday is dropping, you want to be buyer instead of seller. Coz if drop, share price must be so lowthat its stupid to sell right? |
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Nov 23 2008, 01:28 AM
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Nov 23 2008, 01:31 AM
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But one thing about zelan is, eventhough the ceo is retiring, there's another director who has a piece of the pie in gem too?
he's still staying on, so why he decides to dump shares too? JPMorgan, i can rationalize a bit about it... if they need ammo to fight another war, then they'll have to pull things off. Like fighting a two front war... probably needs the $$ to fight in the US. The director part still makes me a bit edgy though.... |
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Nov 23 2008, 01:42 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
QUOTE(AdamG1981 @ Nov 23 2008, 01:28 AM) Unfortunately, we never know when its the bottom. We can average down.Unless we know for sure Tuesday is cheaper. But definitely, becoming seller when the market is down might be good or bad. Its not a sure thing. Added on November 23, 2008, 1:43 am QUOTE(eltaria @ Nov 23 2008, 01:31 AM) But one thing about zelan is, eventhough the ceo is retiring, there's another director who has a piece of the pie in gem too? because they might be making it drop price and then sapu all back later. he's still staying on, so why he decides to dump shares too? JPMorgan, i can rationalize a bit about it... if they need ammo to fight another war, then they'll have to pull things off. Like fighting a two front war... probably needs the $$ to fight in the US. The director part still makes me a bit edgy though.... This post has been edited by gogo2: Nov 23 2008, 01:43 AM |
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Nov 23 2008, 01:50 AM
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QUOTE(gogo2 @ Nov 22 2008, 10:42 AM) Unfortunately, we never know when its the bottom. We can average down. Well, depends on what type of trader you are. I'm a swing trader so i need to buy the cheapest price to raise my winning chances if i want to contra. If you are a long term investor, you can always ave down since time is not a critical factor.Unless we know for sure Tuesday is cheaper. But definitely, becoming seller when the market is down might be good or bad. Its not a sure thing. Added on November 23, 2008, 1:43 am because they might be making it drop price and then sapu all back later. |
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Nov 23 2008, 02:51 AM
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54 posts Joined: Oct 2008 |
hi all,
any other comments/thoughts to share about Zelan? worry worry |
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Nov 23 2008, 03:01 AM
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All Stars
10,123 posts Joined: Aug 2007 |
Citibank group was the largest Bank in US back in May 2008, with
market cap of 2 trillion dollars. As of Friday, its share price closed 3.87. It market cap now worth only 34billion. One can see how dreadful those toxic debts... it wiped out over 95% of company net worth. The largest bank now goes to Wells Fargo now, with market cap of 75 billions. Citi is extremely mad at Wells Fargo for stealing away Wachovia, now that its shares have tank so much.. it is very much in trouble and most likely a candidate for hostile take over. It is EAT or BE EATEN situation now. Added on November 23, 2008, 3:02 am QUOTE(ProGamerCF @ Nov 23 2008, 02:51 AM) How come everybody still talk'n about Zelan... man since it is so damn apparent that it is big time insider selling.. better get the hell out now. This post has been edited by danmooncake: Nov 23 2008, 03:03 AM |
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Nov 23 2008, 06:51 AM
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QUOTE(danmooncake @ Nov 23 2008, 04:01 AM) Citibank group was the largest Bank in US back in May 2008, with Yup market cap of 2 trillion dollars. As of Friday, its share price closed 3.87. It market cap now worth only 34billion. One can see how dreadful those toxic debts... it wiped out over 95% of company net worth. The largest bank now goes to Wells Fargo now, with market cap of 75 billions. Citi is extremely mad at Wells Fargo for stealing away Wachovia, now that its shares have tank so much.. it is very much in trouble and most likely a candidate for hostile take over. It is EAT or BE EATEN situation now. Added on November 23, 2008, 3:02 am How come everybody still talk'n about Zelan... man since it is so damn apparent that it is big time insider selling.. better get the hell out now. Remember the case of gamuda? Lim yin Ling sell his gamuda at RM 4.40? How many % gamuda has been sliding down till today? I don mean to say that zelan may slide till 20 sen or whatever....But we at least need some patience first don jump in so fast....If not you are the one who bear the losses... This post has been edited by darkknight81: Nov 23 2008, 06:53 AM |
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Nov 23 2008, 07:22 AM
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QUOTE(viper88 @ Nov 23 2008, 01:14 AM) I'm not good at summarize things up. Maybe its better u read the magazine to get better understanding. That's what I mean, if there is some sort of arrangement between MMC and the other main shareholder, they can easily trade the shares with a mutual agreement or transfer since it is a substantial amount. Instead the major shareholder dump the share like nobodys business into the open market. I myself also dont know wats actually the real reason of the heavy selloff but since MMC and EPF also actively buy Zelan shares since it drop ... i feel there is still some good value in this counter. From KLSE database tracker i chk Zelan financial and current assets /capital/biz still strong. If feel investing in this counter doesn't suit a person's risk appetite, better stay away from this counter. Or want to invest like me, i'll go in stages by stages. I bought at 0.805 the day bfr ex-dividen. Get some dividen to support abit. v_viper88 I repeat again about the dividend. If the director knew about the dividend, which I'm sure they do because they are part of the board which approve it, why isn't he waiting until after the dividend, then dump the share? If he is the director, he should know what are the prospects of Zelan, if it is good, then why is he dumping the share? Same with the CEO. If Zelan is rumored to be taken private, then why again is he dumping the share, he might get a better price since he is a major shareholder. Too many red flags are being raised here. I don't own any Zelan but I can't help but wonder why people aren't seeing Gamuda V2 here. |
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Nov 23 2008, 07:26 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(danmooncake @ Nov 23 2008, 03:01 AM) How come everybody still talk'n about Zelan... man since it is so damn apparent that it is big time I think it is because this counter is relatively cheap? From RM5+ to <RM1..... insider selling.. better get the hell out now. QUOTE(darkknight81 @ Nov 23 2008, 06:51 AM) Yup The remisier that I talked to told me that Gamuda would be a good buy at the moment.......... although it might still drop (like other stocks)....Remember the case of gamuda? Lim yin Ling sell his gamuda at RM 4.40? How many % gamuda has been sliding down till today? I don mean to say that zelan may slide till 20 sen or whatever....But we at least need some patience first don jump in so fast....If not you are the one who bear the losses... Basically, he said (like many news and rumours) that there is no hurry as stocks might fall further........ |
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Nov 23 2008, 08:23 AM
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All Stars
52,874 posts Joined: Jan 2003 |
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Nov 23 2008, 09:35 AM
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You miss the 3rd page continuation of the artice?
"Collectively, IJM and the cash constitute nearly half of Zelan's market capitalisation. Stripping these off, KAF Research believes that Zelan's core business is trading on just 5.8x PER on its FY2009 earnings. The stock also provides a cheaper alternative exposure to IJM given that Zelan is trading on just 10x FY2009 earnings, compared with IJM's 14x. Coupled with its existing dividend payout policy of 50%, which translates to a high 6.8% gross yield at its current share price, the research house believes that the risk to owning Zelan shares has been reduced drastically, especially when its foreign shareholding has declined from 27% to 20% at present. TA Research has a `buy' call on Zelan with a fair value of RM3.80. It seems that long-term investors could well find Zelan an attractive stock at its current beaten-down valuations." Very good article written on Zelan business project and its future project in waiting. QUOTE(kmarc @ Nov 23 2008, 01:00 AM) Here's some interesting read/link: http://findarticles.com/p/articles/mi_qn62...ag=artBody;col1 Quote from page 2 : "Conclusion KAF Research reckons that Zelan - currently trading at around 10x FY2009 headline price-to-earnings ratio (PER) - is the cheapest construction stock in its universe. However, this is distorted by its 82.3 million share stake in IJM Corporation Bhd and its strong net cash position" Hmmm... to buy or not to buy.... that is the question..... Added on November 23, 2008, 9:36 amAlready posted this up here on Friday. QUOTE(David83 @ Nov 23 2008, 08:23 AM) This post has been edited by viper88: Nov 23 2008, 09:36 AM |
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Nov 23 2008, 10:03 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(viper88 @ Nov 23 2008, 09:35 AM) You miss the 3rd page continuation of the artice? I didn't miss that..... that's why I thought it was a good buy at the moment...."Collectively, IJM and the cash constitute nearly half of Zelan's market capitalisation. Stripping these off, KAF Research believes that Zelan's core business is trading on just 5.8x PER on its FY2009 earnings. The stock also provides a cheaper alternative exposure to IJM given that Zelan is trading on just 10x FY2009 earnings, compared with IJM's 14x. Coupled with its existing dividend payout policy of 50%, which translates to a high 6.8% gross yield at its current share price, the research house believes that the risk to owning Zelan shares has been reduced drastically, especially when its foreign shareholding has declined from 27% to 20% at present. TA Research has a `buy' call on Zelan with a fair value of RM3.80. It seems that long-term investors could well find Zelan an attractive stock at its current beaten-down valuations." Very good article written on Zelan business project and its future project in waiting. Added on November 23, 2008, 9:36 amAlready posted this up here on Friday. However, the question is (that everybody is asking), why would the top people in the company dump the shares if they know the company is still good? And the funny thing is, EPF increased its shares..... I think I will not buy Zelan at the moment but observe it's trend first..... This post has been edited by kmarc: Nov 23 2008, 10:05 AM |
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Nov 23 2008, 10:07 AM
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2,359 posts Joined: Apr 2006 |
What is you comments on MMC and EPF up their shares in Zelan?
The no. of shares transaction increased by about 10- 30 X compare to the normal day transaction recently. I can c theres strong selling pressure but the buying support from MMC and EPF also there. If the buying support only from small time traders, then the risk is higher. I don't see one side of activites and ignore the other +ve part of it. On Dividen issues, its common ppl will buy it up and sell bfr ex-date to make money. Its also a good time for the director to sell it off his shares since his contract not being renew and leaving the company. Those who bought earlier should know of its higher risk as the day close to its ex-date. My remiser also says either buy after ex-dividen date or buy during last day when its price hit low. On the privatisation rumours, i feel its like UEMBLDR case, its shares also get hit badly low 1st before they decided to restructure and go into UEMLAND. The company can offer buy back at low price since its share has beaten down badly and safe alot money. v_viper88 QUOTE(skiddtrader @ Nov 23 2008, 07:22 AM) » Click to show Spoiler - click again to hide... « |
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Nov 23 2008, 10:14 AM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(darkknight81 @ Nov 23 2008, 06:51 AM) Yup Yes, you are right.Remember the case of gamuda? Lim yin Ling sell his gamuda at RM 4.40? How many % gamuda has been sliding down till today? I don mean to say that zelan may slide till 20 sen or whatever....But we at least need some patience first don jump in so fast....If not you are the one who bear the losses... From my past observations, a stock needs to stabilise after FF has almost pulled out of this stock. Then, it is a better time to buy. Having say that, it is my personal opinion that it is advisible to avoid political linked stocks at this particular moment. They certainly need more cashflow, government bail out in term of projects or indirectly using EPF to buy up their shares. And during the good time, they just privatalise the companies at suppressed share prices ( e.g T.. ) One sad thing, is the colors of the cats ( the management ) still the top priority when selecting the good management to run their companies ( political linked ). Nissan of Japan engages a Brazilian CEO to help them to turnaround their company. It is a good cat that can catch rats that matters most in a Globalised World. The bottom line is whether you are short term traders or long term investors. Judge your own. This post has been edited by SKY 1809: Nov 23 2008, 10:35 AM |
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Nov 23 2008, 10:29 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
Like Zelan another stock to look is LIONIND, this stocks plunge down very fast/steep recently to about 0.30+. Its very scary eventhough theres 1% dividen annouced.
The way it plunge down very fast show theres not much strong support and its like a free fall unlike Zelan.. fall slowly with strong support. My remiser also suggest me to consider picking up this Lionind stock when it drop to bout 0.40 for mid term play but i stay sideline coz the plunge is too fast n i feel there must be something wrong internally with this counter. I try to chk its financial report, everything seems good. Cant really now the reason why it fall badly, maybe coz recession fear i guess? Later when market stable abit and ppl realize there nothing wrong fundamentally with this stocks, they start to pick it up back and the price jump back up close to 0.80! Almost 100% profit if bought at its low price earlier. This post has been edited by viper88: Nov 23 2008, 10:33 AM |
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Nov 23 2008, 10:32 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(viper88 @ Nov 23 2008, 10:29 AM) Like Zelan another stock to look is LIONIND, this stocks plunge down very fast/steep recently to about 0.30+ and its very scary eventhough theres 1% dividen annouced. I'm interested with this stock too. Last closed at 0.69 (+0.07).....The way it plunge down very fast shows there not much strong support and its like a free fall unlike Zelan.. fall slowly with support. My remiser also suggest me to consider picking up this Lionind stock when it drop to bout 0.40 for mid term play but i stay sideline coz the plunge is too fast n i feel there must be something wrong internally with this counter. Later when market stable abit and ppl realize there nothing wrong fundamentally with this stocks, they start to pick it up back and the price jump back up close to 0.80! Waiting for it to drop some more! |
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Nov 23 2008, 11:10 AM
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Senior Member
607 posts Joined: Mar 2008 |
QUOTE(SKY 1809 @ Nov 23 2008, 10:14 AM) Yes, you are right. Got it from another blog.......From my past observations, a stock needs to stabilise after FF has almost pulled out of this stock. Then, it is a better time to buy. Having say that, it is my personal opinion that it is advisible to avoid political linked stocks at this particular moment. They certainly need more cashflow, government bail out in term of projects or indirectly using EPF to buy up their shares. And during the good time, they just privatalise the companies at suppressed share prices ( e.g T.. ) One sad thing, is the colors of the cats ( the management ) still the top priority when selecting the good management to run their companies ( political linked ). Nissan of Japan engages a Brazilian CEO to help them to turnaround their company. It is a good cat that can catch rats that matters most in a Globalised World. The bottom line is whether you are short term traders or long term investors. Judge your own. The reason for Zelan price going down is pretty simple. The CEO is sacked by the board recently i.e. effective 31/Jan 09. For the interim period the COO KHoo will lead the operations. CEO is selling his holiding of Zelan (said to be over 35 Million shares) via his investment vehicle Noble Gem Sdn Bhd (NGSB). After all the sell off, CEO still holds about .05% shares. My guess is that the recent reduction in profits which brought the profit for Q2 to 20 Million is mainly due to the losses in Property sector. This could be the reason that the board let the CEO 'retire'. I reckon that Zelan is a very good share mainly because: 1. Cash pile its holding 2. Very healthy order book -- The indonesian power plant, construction and power plants in Middle East .. 3. Backed by Syed Mukhtar via MMC -- this was the reason Zelan got all the limelight specially on the power plant front and his contacts in middle east are very well known. Another factor of the stock being battered is the litigation/suit against MMC-Gamuda. |
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Nov 23 2008, 12:16 PM
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Senior Member
572 posts Joined: Sep 2007 |
Is there any possibility of any overseas projects running into delay or losses? Ranhill, Peremba come to mind. Earlier this month Joint Venture Termination in relation to Meena Plaza Project in United Arab Emirates. |
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Nov 23 2008, 12:47 PM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
Ok, here's the reason why Zelan shares were sold down by it's CEO...
How Zelan started was that it's business was injected into MMC's Tronoh. Hence, there are 2 main shareholders - 38% by MMC (controlled by Al Bukhary) and 22% by the current CEO. Now there's a board tussle and MMC's obviously winning with their bigger share and so did not renew the CEO's contract. Rumour has it that Al Bukhary will put his own man as CEO with plans to either take Zelan private or inject MMC Engineering into Zelan. That's why the CEO sold off his stake. |
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Nov 23 2008, 01:49 PM
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Senior Member
3,944 posts Joined: Jul 2008 |
QUOTE(SKY 1809 @ Nov 23 2008, 11:14 AM) Yes, you are right. If want to speculate i personally think HUAAN is a better counter for speculate... once earn 2 cents and above can cabut already ....Besides, i think its balance sheet is quite healthy From my past observations, a stock needs to stabilise after FF has almost pulled out of this stock. Then, it is a better time to buy. Having say that, it is my personal opinion that it is advisible to avoid political linked stocks at this particular moment. They certainly need more cashflow, government bail out in term of projects or indirectly using EPF to buy up their shares. And during the good time, they just privatalise the companies at suppressed share prices ( e.g T.. ) One sad thing, is the colors of the cats ( the management ) still the top priority when selecting the good management to run their companies ( political linked ). Nissan of Japan engages a Brazilian CEO to help them to turnaround their company. It is a good cat that can catch rats that matters most in a Globalised World. The bottom line is whether you are short term traders or long term investors. Judge your own. |
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Nov 23 2008, 01:53 PM
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Senior Member
3,944 posts Joined: Jul 2008 |
QUOTE(dsugums @ Nov 23 2008, 12:10 PM) Got it from another blog....... All the construction counter are too complicated and hard to predict their futures...For me is no need to research so much on the fundamental side as it will not help much ....The reason for Zelan price going down is pretty simple. The CEO is sacked by the board recently i.e. effective 31/Jan 09. For the interim period the COO KHoo will lead the operations. CEO is selling his holiding of Zelan (said to be over 35 Million shares) via his investment vehicle Noble Gem Sdn Bhd (NGSB). After all the sell off, CEO still holds about .05% shares. My guess is that the recent reduction in profits which brought the profit for Q2 to 20 Million is mainly due to the losses in Property sector. This could be the reason that the board let the CEO 'retire'. I reckon that Zelan is a very good share mainly because: 1. Cash pile its holding 2. Very healthy order book -- The indonesian power plant, construction and power plants in Middle East .. 3. Backed by Syed Mukhtar via MMC -- this was the reason Zelan got all the limelight specially on the power plant front and his contacts in middle east are very well known. Another factor of the stock being battered is the litigation/suit against MMC-Gamuda. |
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Nov 23 2008, 02:12 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
Yup, due to the nature of the business, construction company financial issue can have big swing and unpredictable.
So many forumers interested in Zelan recently, while its major shareholders and directors are dumping. From Gamuda to Zelan, seems like we have a trend recently that construction company directors and its foreign shareholders are disposing their stake. |
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Nov 23 2008, 02:15 PM
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Senior Member
4,030 posts Joined: Apr 2008 |
Monday: Dow Red Red Red?
http://www.cnbc.com/id/27859019 US government will not bail out Citi like how it bailed out AIG. |
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Nov 23 2008, 02:32 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(AdamG1981 @ Nov 23 2008, 02:15 PM) Monday: Dow Red Red Red? They talks only, as Citi balance sheet still OK generally until now, so they can talk whatever, free capitalism, no intervention blar blar. http://www.cnbc.com/id/27859019 US government will not bail out Citi like how it bailed out AIG. But situation changes, then can simply change one, it may be come out another form of bail out but not similar to AIG, so their word still right. But lately, US market particularly is moving quite volatile in the last hour of trading, whole day moved quite stable within 100 points then last hour or so, DJIA can suddenly moved 400-500 points either up or down, this has happened quite consecutive of trading day lately. VIX is hovering around 70-80 which shows there is still a lot of fear and uncertainty in the market. But for Asian market, recently we saw they are not reacting as much as DJ shows, more flat trend. |
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Nov 23 2008, 02:58 PM
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Senior Member
4,030 posts Joined: Apr 2008 |
QUOTE(cherroy @ Nov 22 2008, 11:32 PM) They talks only, as Citi balance sheet still OK generally until now, so they can talk whatever, free capitalism, no intervention blar blar. On the contary Cherroy, i have seen FKLI bounced up and down like a yoyo, and even all brokerage houses have to increase margin to 5 k to protect themselves from this volatility that Dow has been seeing.But situation changes, then can simply change one, it may be come out another form of bail out but not similar to AIG, so their word still right. But lately, US market particularly is moving quite volatile in the last hour of trading, whole day moved quite stable within 100 points then last hour or so, DJIA can suddenly moved 400-500 points either up or down, this has happened quite consecutive of trading day lately. VIX is hovering around 70-80 which shows there is still a lot of fear and uncertainty in the market. But for Asian market, recently we saw they are not reacting as much as DJ shows, more flat trend. |
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Nov 23 2008, 03:20 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(AdamG1981 @ Nov 23 2008, 02:58 PM) On the contary Cherroy, i have seen FKLI bounced up and down like a yoyo, and even all brokerage houses have to increase margin to 5 k to protect themselves from this volatility that Dow has been seeing. Yoyo is good, up down up down. Easy to make money and risk is smaller.At least recently we don't have 50 points plus swing in the FKLI, everyday is range bound within 10-20 points only. |
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Nov 23 2008, 03:58 PM
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Senior Member
3,944 posts Joined: Jul 2008 |
Recession is Coming to Town
You’d better watch out You’d better not cry You’d better keep cash I’m telling you why: Recession is coming to town. It’s hitting you once, It’s hitting you twice It doesn’t care if you’ve been careful and wise Recession is coming to town It’s worthless if you’ve got shares It’s worthless if you’ve got bonds It’s safe when you’ve got cash in hand So keep cash for goodness sake, HEY You’d better watch out You’d better not cry You’d better keep cash I’m telling you why: Recession is coming to town! Finance products are confusing Finance products are so vague The banks make you bear the cost of risk So keep out for goodness sake, OH You’d better watch out You’d better not cry You’d better keep cash I’m telling you why: Recession is coming to town http://thestar.com.my/columnists/story.asp...usiness/2614970 |
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Nov 23 2008, 04:00 PM
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All Stars
23,851 posts Joined: Dec 2006 |
Obama has his own ways of handing the corporate people. If he is not happy with the auto makers , he would use the congress to pass the news that no bail outs and so on. The auto makers in a way have to give some concessions in exchange for some forms of bail out. Many auto makers oledi returned their private corporate jets.
Citi has to beg the US Government or else facing the risks of being nationalised . The drop in shares would indicate that. |
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Nov 23 2008, 04:18 PM
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Senior Member
1,404 posts Joined: Jun 2005 |
http://www.cnbc.com/id/27860878,
Will Malaysia government follow the rules and open up the auto sector? Malaysia has been protecting "local pride" for so many years n i really doubt that this will happen. |
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Nov 23 2008, 04:19 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
» Click to show Spoiler - click again to hide... « How about this comment from him "So let us maintain a sense of proportion about things"........ in terms of stocks, does it mean, don't panic, buy more shares!!! Any tips about this week? Hold on to your money and don't buy shares as it will drop further? This post has been edited by kmarc: Nov 23 2008, 04:20 PM |
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Nov 23 2008, 04:39 PM
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All Stars
23,851 posts Joined: Dec 2006 |
Investing in shares could be both in the form of Science and Art.
Share prices could drop like stones, could rock up as gold. The important thing is whether :- You see gold in stones ( in bad times ) or You see stones in gold ( in boom times ). Citi share is dropping like a stone now, it does not mean that it could not become gold later. This post has been edited by SKY 1809: Nov 23 2008, 04:47 PM |
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Nov 23 2008, 06:19 PM
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Senior Member
2,991 posts Joined: Jun 2007 |
I need to seek advice from experts here. Please share your thoughts on these counters/companies I'm looking at.
CSCTEL - Near future doesn't look too bright, with sales expected to decline. The next quarter is expected to be a loss. UCHITEC - Fat profit margins, but their revenue has declined over the last few years. Signs that this company isn't growing? They have allocated some amount of $ into R&D. Could their R&D result in new products and a new phase of growth? High dividend, but is it sustainable? LEADER - Sales have grown over the last few years. Low margin. Company revenue primarily from cables and wires. However, as more and more people switch to wireless, I wonder if the sales will grow or decline. Low dividend. PPB - Damn low P/E ratio. Looks very attractive. Is there any reasons why the P/E is so low? Thanks for your insights. Hope my first buy in the stock market is a good buy. |
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Nov 23 2008, 07:02 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(SKY 1809 @ Nov 23 2008, 04:39 PM) Investing in shares could be both in the form of Science and Art. Yeah, nothing is for certain in the stock market.....Share prices could drop like stones, could rock up as gold. The important thing is whether :- You see gold in stones ( in bad times ) or You see stones in gold ( in boom times ). Citi share is dropping like a stone now, it does not mean that it could not become gold later. I actually forgot that I started trading because I think it is a good time to buy stocks (still very new with all these trading stuff).... as you described "Gold in stones (in bad times)". I think that the shares will go up eventually in the long run.....hopefully..... Hmmmm..... as my goal is long-term, I think I better grab some cheap stocks and just keep it..... you know, fire and forget.... Of course, this trading stuff is quite addictive.... wanna play play a bit too.... for these few months of bear market.... buy when low and sell when the baby bull comes.... Any suggestion of which stocks for long-term? Maybank is one of my target...... public bank... err.... some people say don't buy as the chairman might go anytime.... This post has been edited by kmarc: Nov 23 2008, 07:04 PM |
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Nov 23 2008, 07:13 PM
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Senior Member
4,030 posts Joined: Apr 2008 |
Sell when the market opens. Don't let this blind enthusiam fool you. IT ain no recovery yet.
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Nov 23 2008, 08:11 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
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Nov 23 2008, 08:47 PM
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Junior Member
325 posts Joined: Dec 2005 |
next year bull year but market not bull enough.
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Nov 23 2008, 08:49 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
tomolo should be the best day to sell off your stock and wait for dip again.
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Nov 23 2008, 08:49 PM
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Senior Member
2,359 posts Joined: Apr 2006 |
For me, personally i'll go for those cheap but strong fundamental with good financial background counter which have drop more than 70-80%.
Its current price will be close to RM1 or lessser better. Its main shareholder should have big players like EPF, Valuecap, Tabung Haji, Angkatan Tentera fund etcs for support. I also look for the stocks which have strong shares buy back from its own main shareholders. Reason: Lesser room to drop more compare to other expensive counters which have drop so much yet. Easier to sell off as cheap means more unit quantity and any slight rebound can make profit Cost of average down is cheaper since its price already low. Have big shareholders/fund managers to hlp hold or push share price up when market recover abit. v_viper88 QUOTE(kmarc @ Nov 23 2008, 07:02 PM) » Click to show Spoiler - click again to hide... « |
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Nov 23 2008, 09:11 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(simplesmile @ Nov 23 2008, 06:19 PM) LEADER - Sales have grown over the last few years. Low margin. Company revenue primarily from cables and wires. However, as more and more people switch to wireless, I wonder if the sales will grow or decline. Low dividend. LOL, wireless has nothing major impact on the cable site, your house electricity can be transmit using wireless? PPB - Damn low P/E ratio. Looks very attractive. Is there any reasons why the P/E is so low? Thanks for your insights. Hope my first buy in the stock market is a good buy. Primary usage of cable is for electricity supply. But with economy slowdown, surely cable business also affected quite significantly as well. PPB - all commodities producers from oil, steel, to palm oil producers are trading at single digit PE, because future earning is going to drop significant amount to the lower price of commodities, not a major supply, as at this level, its future PE might be in teen number as well. |
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Nov 23 2008, 09:17 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
I had seen plenty of people are interested in penny stock, because people general view it has not much less for the downside.
Just a remind, some stocks are not cheap although price is cheap. The room for the downside for low price stock is as same as high price stock. For a stock that is Rm10, drop to RM5 is seen severe drop (-Rm5), but a stock of Rm1.00 drop to Rm0.50 is seen as minor drop and not much (-0.50). But in the end of the day, they are same with 50% drop. So if one invest the same amount of money (either buy 1 lot in RM 10 or 10 lot of RM1.00), still one lose the same amount of money. |
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Nov 23 2008, 09:43 PM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
THE BUSINESS TIMES
Ringgit likely to appreciate Published: 2008/11/22 THE ringgit is likely to appreciate against the US dollar next week on speculation that Bank Negara Malaysia (BNM) will cut interest rate next week, dealers said. BNM’s next monetary policy meeting will be held on Monday. The central bank has kept the country’s overnight policy rate (OPR) unchanged at 3.50 per cent. A dealer said if there is a cut in interest rate, it will spur demand for the local unit. They said the ringgit was likely to be at 3.6 level for the week and would track the movements of regional currencies. During the week just-ended, the ringgit was traded lower against the US dollar as the greenback was steadier in the global market. On a week-to-week basis, the ringgit depreciated against the greenback to 3.6180/6130 compared with 3.5930/5980 last Friday. Against the Singapore dollar, the local unit appreciated to 2.3608/3664 from 2.3696/3752 last week. It was lower against the yen at 3.7980/8053 from 3.7057/7116 previously. The ringgit was also lower against the British pound at 5.3706/3794 from 5.3475/3563 last Friday but it increased against the euro to 4.5319/5393 from 4.5635/5709 previously. — Bernama |
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Nov 23 2008, 10:08 PM
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Senior Member
2,359 posts Joined: Apr 2006 |
Well.. simple maths calculation will do to find out how much % a stock have fall. If they cant differentiate major or minor drop than too bad la.
It also depends on their capital and invesment plan. Investor also buy good stock when stock drop alot from its fair value especially in a bear market. Stock tat have drop alot from its fair value will have a better chance of higher increase from its low price once market stable down. If have bigger capital aim for more expensive stock or cheaper stock? which one is a better investment if both stocks also good and have same % of drop? For me i'll go for cheaper stock coz using the same capital i can buy more quantity and still have extra capital to buy when its price drop. v_viper88 QUOTE(cherroy @ Nov 23 2008, 09:17 PM) This post has been edited by viper88: Nov 23 2008, 10:18 PM |
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Nov 23 2008, 10:19 PM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(viper88 @ Nov 23 2008, 08:49 PM) For me, personally i'll go for those cheap but strong fundamental with good financial background counter which have drop more than 70-80%. Mind sharing the counters you're talking about? Me noob in this..... Its current price will be close to RM1 or lessser better. Its main shareholder should have big players like EPF, Valuecap, Tabung Haji, Angkatan Tentera fund etcs for support. I also look for the stocks which have strong shares buy back from its own main shareholders. Reason: Lesser room to drop more compare to other expensive counters which have drop so much yet. Easier to sell off as cheap means more unit quantity and any slight rebound can make profit Cost of average down is cheaper since its price already low. Have big shareholders/fund managers to hlp hold or push share price up when market recover abit. v_viper88 QUOTE(cherroy @ Nov 23 2008, 09:17 PM) I had seen plenty of people are interested in penny stock, because people general view it has not much less for the downside. Absolutely. Just a remind, some stocks are not cheap although price is cheap. The room for the downside for low price stock is as same as high price stock. For a stock that is Rm10, drop to RM5 is seen severe drop (-Rm5), but a stock of Rm1.00 drop to Rm0.50 is seen as minor drop and not much (-0.50). But in the end of the day, they are same with 50% drop. So if one invest the same amount of money (either buy 1 lot in RM 10 or 10 lot of RM1.00), still one lose the same amount of money. However, penny stocks changes more in terms of percentages as compared to higher priced stock. A 50 cents stock can increase 20% to 60 cents in one day. However, a RM5 stock takes more time to reach RM6...... Of course, it can go the other way too.... if it does, the way I see it is to average down, for the long term anyway..... (unless of course, the risk of the company going bankrupt.... die....) Take KNM for example, from below 40 cents shot up to 70 cents during this difficult times.... it is unlikely that a RM4 stock can shoot up to RM7 like penny stocks do, right? Please correct me if I'm wrong... still learning.... Edit : Oh ya, I opened a cash account rather than a margin account as I don't want to be caught with my pants down... This post has been edited by kmarc: Nov 23 2008, 10:44 PM |
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Nov 23 2008, 10:59 PM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
QUOTE(kmarc @ Nov 23 2008, 10:19 PM) Mind sharing the counters you're talking about? Me noob in this..... very well said. Of course, up also got down. Absolutely. However, penny stocks changes more in terms of percentages as compared to higher priced stock. A 50 cents stock can increase 20% to 60 cents in one day. However, a RM5 stock takes more time to reach RM6...... Of course, it can go the other way too.... if it does, the way I see it is to average down, for the long term anyway..... (unless of course, the risk of the company going bankrupt.... die....) Take KNM for example, from below 40 cents shot up to 70 cents during this difficult times.... it is unlikely that a RM4 stock can shoot up to RM7 like penny stocks do, right? Please correct me if I'm wrong... still learning.... Edit : Oh ya, I opened a cash account rather than a margin account as I don't want to be caught with my pants down... |
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Nov 23 2008, 11:05 PM
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All Stars
23,851 posts Joined: Dec 2006 |
There are some blue chips that you could buy at rm 5 and stay at rm 5 for a long long time.
The good thing is you do not have to monitor, only once a a while check when they are going to pay out the dividends. And you do not need to come to this forum on daily basis , bcos it ie deemed to be safe. The risk level is less also. These the the pros of buying blue chips, esp good for the beginners. If you make a mistake, the share price still stays there for you. It is peace of mind. Sometimes a penny stock could lose 10sen a day, whereas losing only 5sen for some blue chips. Beside that you need to do more home works, perhaps coming to this forum to find out more. The efforts and time that you put in be might not be compensated. You could be penalised too. So be careful, even F1/GP drivers or riders could fall sometimes. It is not that simple as you may think. Just my 2sen opinion. This post has been edited by SKY 1809: Nov 23 2008, 11:54 PM |
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Nov 23 2008, 11:57 PM
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Senior Member
2,359 posts Joined: Apr 2006 |
Wa.. sure onot? In bearish market.. most blue chips also drop kaw kaw...due to fear sentiments.
- Public Bank 13/5/08 at RM 12.00 .. now how much? RM 7.85. - IOICORP 15/1/08 at RM 8.06 now RM2.94, lowest ? RM 2.08 - Resort 11/1/08 at RM 4.26 now RM 2.58, lowest RM 2.16 There are more other blue chip counters tat drop close or more than 50% already. Those beginners who bought blue chips counter at early/mid of this year also get hit badly.... My remiser told me during bear market all stock will get hit, bluechip or penny stocks alll get beaten down. Those stocks that rise too high over its fair value will get hit harder. Those stock tat close to its fair value will drop lesser. v_viper88 QUOTE(SKY 1809 @ Nov 23 2008, 11:05 PM) |
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Nov 24 2008, 12:01 AM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
It's actually very simple. If you want low risks, buy blue chips like the ones you've mentioned. If you can stomach higher risks but with the possibility of far higher returns, go for penny stocks like KNM and Zelan.
The economy will eventually pick up one day. Just buy the stocks and keep it for 3 to 5 years. |
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Nov 24 2008, 01:21 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
Yeap.. tats what i says..stock that drop alot away from its fair value will have a better chance to shoot up higher n faster.
I've already stated earlier some of my stocks in my watching list waiting to grab when its price drop. I think its in V17.. YTLPowr-WB LIONIND MPHB Zelan This one abit expensive...need to drop more IOICORP - RESORT - Cash acct to invest is good. v_viper88 QUOTE(kmarc @ Nov 23 2008, 10:19 PM) Mind sharing the counters you're talking about? Me noob in this..... Absolutely. However, penny stocks changes more in terms of percentages as compared to higher priced stock. A 50 cents stock can increase 20% to 60 cents in one day. However, a RM5 stock takes more time to reach RM6...... Of course, it can go the other way too.... if it does, the way I see it is to average down, for the long term anyway..... (unless of course, the risk of the company going bankrupt.... die....) Take KNM for example, from below 40 cents shot up to 70 cents during this difficult times.... it is unlikely that a RM4 stock can shoot up to RM7 like penny stocks do, right? Please correct me if I'm wrong... still learning.... Edit : Oh ya, I opened a cash account rather than a margin account as I don't want to be caught with my pants down... |
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Nov 24 2008, 01:58 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
GDP, Jobless claims, Chicago PMI, Durable goods, Existing Home sales......do these data make you shiver in fear?
Sell on the rally, buy on dips. Added on November 24, 2008, 2:22 amQuoted from Citigroup Message Board @ yahoo Somali Pirates in Discussions to Acquire Citigroup 21-Nov-08 01:30 pm Somali Pirates in Discussions to Acquire Citigroup November 23 (Bloomberg) -- The Somali pirates, renegade Somalis known for hijacking ships for ransom in the Gulf of Aden, are negotiating a purchase of Citigroup. The pirates would buy Citigroup with new debt and their existing cash stockpiles, earned most recently from hijacking numerous ships, including most recently a $200 million Saudi Arabian oil tanker. The Somali pirates are offering up to $0.10 per share for Citigroup, pirate spokesman Sugule Ali said earlier today. The negotiations have entered the final stage, Ali said. "You may not like our price, but we are not in the business of paying for things. Be happy we are in the mood to offer the shareholders anything," said Ali. The pirates will finance part of the purchase by selling new Pirate Ransom Backed Securities. The PRBS's are backed by the cash flows from future ransom payments from hijackings in the Gulf of Aden. Moody's and S&P have already issued their top investment grade ratings for the PRBS's. Head pirate, Ubu Kalid Shandu, said: "We need a bank so that we have a place to keep all of our ransom money. Thankfully, the dislocations in the capital markets has allowed us to purchase Citigroup at an attractive valuation and to take advantage of TARP capital to grow the business even faster." Shandu added, "We don't call ourselves pirates. We are coastguards and this will just allow us to guard our coasts better." *CITI IN TALKS WITH SOMALI PIRATES FOR POSSIBLE CAPITAL INFUSION *WILL REQUIRE ALL CITI EMPLOYEES TO WEAR PATCH OVER ONE EYE *SOMALIAN PIRATES APPLY TO BECOME BANK TO ACCESS TARP *PAULSON: TARP PIRATE EQUITY IS AN `INVESTMENT,' WILL PAY OFF *KASHKARI SAYS `SOMALI PIRATES ARE 'FUNDAMENTALLY SOUND' ' *Moody's upgrade Somali Pirates to AAA *HUD SAYS SOMALI DHOW FORECLOSURE PROGRAM HAD `VERY LOW' PARTICPATION *SOMALI PIRATES IN DISCUSSION TO ACQUIRE CITIBANK *FED OFFICIALS: AGGRESSIVE EASING WOULD CUT SOMALI PIRATE RISK * FED AGREED OCT. 29 TO TAKE `WHATEVER STEPS' NEEDED FOR SOMALI PIRATES This post has been edited by AdamG1981: Nov 24 2008, 02:22 AM |
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Nov 24 2008, 08:05 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(viper88 @ Nov 24 2008, 01:21 AM) Yeap.. tats what i says..stock that drop alot away from its fair value will have a better chance to shoot up higher n faster. Thx for sharing. I've already stated earlier some of my stocks in my watching list waiting to grab when its price drop. I think its in V17.. YTLPowr-WB LIONIND MPHB Zelan This one abit expensive...need to drop more IOICORP - RESORT - Cash acct to invest is good. v_viper88 QUOTE(AdamG1981 @ Nov 24 2008, 01:58 AM) GDP, Jobless claims, Chicago PMI, Durable goods, Existing Home sales......do these data make you shiver in fear? Sell on the rally, buy on dips. Added on November 24, 2008, 2:22 amQuoted from Citigroup Message Board @ yahoo Somali Pirates in Discussions to Acquire Citigroup 21-Nov-08 01:30 pm Somali Pirates in Discussions to Acquire Citigroup November 23 (Bloomberg) -- The Somali pirates, renegade Somalis known for hijacking ships for ransom in the Gulf of Aden, are negotiating a purchase of Citigroup. The pirates would buy Citigroup with new debt and their existing cash stockpiles, earned most recently from hijacking numerous ships, including most recently a $200 million Saudi Arabian oil tanker. The Somali pirates are offering up to $0.10 per share for Citigroup, pirate spokesman Sugule Ali said earlier today. The negotiations have entered the final stage, Ali said. "You may not like our price, but we are not in the business of paying for things. Be happy we are in the mood to offer the shareholders anything," said Ali. The pirates will finance part of the purchase by selling new Pirate Ransom Backed Securities. The PRBS's are backed by the cash flows from future ransom payments from hijackings in the Gulf of Aden. Moody's and S&P have already issued their top investment grade ratings for the PRBS's. Head pirate, Ubu Kalid Shandu, said: "We need a bank so that we have a place to keep all of our ransom money. Thankfully, the dislocations in the capital markets has allowed us to purchase Citigroup at an attractive valuation and to take advantage of TARP capital to grow the business even faster." Shandu added, "We don't call ourselves pirates. We are coastguards and this will just allow us to guard our coasts better." *CITI IN TALKS WITH SOMALI PIRATES FOR POSSIBLE CAPITAL INFUSION *WILL REQUIRE ALL CITI EMPLOYEES TO WEAR PATCH OVER ONE EYE *SOMALIAN PIRATES APPLY TO BECOME BANK TO ACCESS TARP *PAULSON: TARP PIRATE EQUITY IS AN `INVESTMENT,' WILL PAY OFF *KASHKARI SAYS `SOMALI PIRATES ARE 'FUNDAMENTALLY SOUND' ' *Moody's upgrade Somali Pirates to AAA *HUD SAYS SOMALI DHOW FORECLOSURE PROGRAM HAD `VERY LOW' PARTICPATION *SOMALI PIRATES IN DISCUSSION TO ACQUIRE CITIBANK *FED OFFICIALS: AGGRESSIVE EASING WOULD CUT SOMALI PIRATE RISK * FED AGREED OCT. 29 TO TAKE `WHATEVER STEPS' NEEDED FOR SOMALI PIRATES That's a good one - employees to wear eye patch! This post has been edited by kmarc: Nov 24 2008, 08:07 AM |
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Nov 24 2008, 08:10 AM
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Senior Member
3,944 posts Joined: Jul 2008 |
QUOTE(viper88 @ Nov 24 2008, 12:57 AM) Wa.. sure onot? In bearish market.. most blue chips also drop kaw kaw...due to fear sentiments. Not all bluechips....There are some :- Public Bank 13/5/08 at RM 12.00 .. now how much? RM 7.85. - IOICORP 15/1/08 at RM 8.06 now RM2.94, lowest ? RM 2.08 - Resort 11/1/08 at RM 4.26 now RM 2.58, lowest RM 2.16 There are more other blue chip counters tat drop close or more than 50% already. Those beginners who bought blue chips counter at early/mid of this year also get hit badly.... My remiser told me during bear market all stock will get hit, bluechip or penny stocks alll get beaten down. Those stocks that rise too high over its fair value will get hit harder. Those stock tat close to its fair value will drop lesser. v_viper88 Eg. BAT AMWAY JTINTER NESTLE |
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Nov 24 2008, 08:40 AM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
you guys who bought zelan may be excited today.
MMC make take Zelan private or inject MMC into Zelan |
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Nov 24 2008, 08:42 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
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Nov 24 2008, 08:46 AM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
P/S
Double-check first before you believe the news DJ MMC May Take Zelan Private Or Inject MMC Unit Into Zelan-Report -------------------------------------------------------------------------------- KUALA LUMPUR (Dow Jones)--Malaysian conglomerate MMC Corp (2194.KU) may take Zelan Bhd. (2283.KU) private or inject its 99.9% owned construction unit MMC Engineering into Zelan to strengthen its grip on the company, the Edge reported over the weekend. Citing unnamed sources, the financial weekly said the moves are being considered after the company announced last week that Zelan's Chief Executive and founding member Albert Chang won't have his employment contract renewed. MMC owns 39.3% of Zelan and Chang holds a 14.7% stake. Newspaper Web site: http://www.theedgedaily.com.my -By Kuala Lumpur Bureau; Dow Jones Newswires; 603-2692-5254; djnews.kldowjones.com (END) Dow Jones Newswires November 23, 2008 19:12 ET (00:12 GMT) Copyright © 2008 Dow Jones & Company, Inc. |
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Nov 24 2008, 08:54 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
Ok.. here's some Zelan summary updates, got it from http://sensecents.blogspot.com/2008/11/zel...ge-rebound.html.
"Sunday, November 23, 2008 Zelan might stage a rebound Zelan’s share price plunged another 7 sen after it announced that its CEO cum founder, Albert Chang, would not be renewed for his employment contract. Zelan’s price has been pressed lower for nine continuous trading sessions since it was plagued by bad news. On Friday, it closed at 80 sen. However, some Fund Managers view that at 80 sen, one is almost getting Zelan’s share free if taking into consideration of its potential earning for year 2009. Fund Managers estimate Zelan will make approximately 90 sen per share in year 2009. Further to this, Zelan’s net cash, current investment and IJM stakes would worth about 57 sen per share which representing about 66% of the present share price. Market also tips MMC might inject MMC Engineering into Zelan. MMC Eng is the partner of Gamuda in the Smart project and Double-tracking project. Based on charts, Zelan has been grossly oversold and possible for a technical rebound. Its next strong support should be at 0.75 if price been pressed lower. Since the major market might stage a rebound on Monday, the downswing looks unlikely. Its resistances are 0.87 and 0.92. Posted by Smartbiz at 10:47 PM " v_viper88 QUOTE(kmarc @ Nov 24 2008, 08:05 AM) This post has been edited by viper88: Nov 24 2008, 08:55 AM |
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Nov 24 2008, 08:54 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
Opening soon... we'll see how it goes
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Nov 24 2008, 08:59 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
wow, I miss Zelan. SHould have bought it. Some more got dividend. That's why, no one can predict share market...
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Nov 24 2008, 09:05 AM
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Senior Member
2,646 posts Joined: Oct 2008 |
cannot buy zelan now coz rebound?
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Nov 24 2008, 09:06 AM
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Junior Member
453 posts Joined: Nov 2008 |
from by Xp, the stock normally will go down after declare the divident. i will only buy zelan at Rm0.700
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Nov 24 2008, 09:06 AM
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516 posts Joined: May 2007 |
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Nov 24 2008, 09:10 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
wow i tot we would expect a quick rebound before entering red.
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Nov 24 2008, 09:10 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
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Nov 24 2008, 09:13 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
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Nov 24 2008, 09:13 AM
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Junior Member
453 posts Joined: Nov 2008 |
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Nov 24 2008, 09:14 AM
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Junior Member
467 posts Joined: Apr 2008 |
Help !! I need more bad news....Because I am still waiting for my price to come.
More bad news please. |
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Nov 24 2008, 09:15 AM
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Junior Member
453 posts Joined: Nov 2008 |
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Nov 24 2008, 09:16 AM
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2,646 posts Joined: Oct 2008 |
should buy in zelan now? will it sitll drop
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Nov 24 2008, 09:16 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
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Nov 24 2008, 09:18 AM
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453 posts Joined: Nov 2008 |
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Nov 24 2008, 09:22 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
I cannot tahan ady.... just grabbed Zelan at 0.785.....
Actually I put 0.790 but they match at 0.785 |
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Nov 24 2008, 09:23 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
and u got a nice profit already now
0.815 zelan guys, what's your exit plan? getting about 13% return dee if u got it at 0.8 |
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Nov 24 2008, 09:24 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
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Nov 24 2008, 09:26 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(eltaria @ Nov 24 2008, 09:23 AM) and u got a nice profit already now 0.815 zelan guys, what's your exit plan? getting about 13% return dee if u got it at 0.8 QUOTE(gogo2 @ Nov 24 2008, 09:24 AM) wah, now is .810... you earn man. I think it'll climb higher in the afternoon. No la... me buying for long term.... small amount too....But I'm still scared to buy. That's why I'm still poor man Hmmmm.... maybe should sell if good baby bull.... |
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Nov 24 2008, 09:43 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(viper88 @ Nov 23 2008, 11:57 PM) Wa.. sure onot? In bearish market.. most blue chips also drop kaw kaw...due to fear sentiments. Yup, when bearish time, most are down together.- Public Bank 13/5/08 at RM 12.00 .. now how much? RM 7.85. - IOICORP 15/1/08 at RM 8.06 now RM2.94, lowest ? RM 2.08 - Resort 11/1/08 at RM 4.26 now RM 2.58, lowest RM 2.16 There are more other blue chip counters tat drop close or more than 50% already. Those beginners who bought blue chips counter at early/mid of this year also get hit badly.... My remiser told me during bear market all stock will get hit, bluechip or penny stocks alll get beaten down. Those stocks that rise too high over its fair value will get hit harder. Those stock tat close to its fair value will drop lesser. v_viper88 But don't forget Pbb rose from Rm2 - RM3 to now currently. So a drop from Rm12.00 to Rm8.00 is not a disastrous for those longer term investors who bought many many years back. Not to forget in between, its dividend is more and almost double FD interest rate over the years. IOI from Rm1.+ to RM8.00, which my view is it overshoot at the high side, so dropping 50% is not a disastrous for those long term investors which bought years back. IOI is really a magnificient performer recent years, so just like people said, went too high, so down also sharp. Resort from RM1.+ to now. Agree on the part of getting blue chips won't able to save yourself from loss either, just those generally those are fundamental sound, which when good time come back, it has ability to rise back. But for some potato chips, some may not able to get through the difficult period. Fair value is a subjective matter and relativity, IOI fair value can be Rm2.00, while abc stock fair value can be RM 0.05. So if IOI share being split 1:10, then its fair value become RM0.20. But people will see RM0.20 is cheaper than Rm2.00. But in the end of the day, it is still the same. Not mean penny stocks won't be a good target or not, just share splitting, company can make their share become low, but it doesn't change the fundamental issue of it. My main point is whether the share is RM0.50, or Rm5.00, or Rm50.00, it doesn't tell any clue whether it is cheap or not. A share of RM0.50, its earning is Rm0.05, so PER at 10x. B share of Rm50.00, its earning is Rm5.00, so in term of valuation or fair value, they are the same. Just my 2 cents. |
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Nov 24 2008, 09:50 AM
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Junior Member
162 posts Joined: Nov 2004 From: Penang |
market is waiting for BNM news on rate cut?
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Nov 24 2008, 09:50 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
today could be boring day.... not crash...
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Nov 24 2008, 09:52 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
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Nov 24 2008, 09:55 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
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Nov 24 2008, 09:55 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 24 2008, 09:56 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
congratulations to both Zelan buyer..... but no dividend for you guys
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Nov 24 2008, 09:57 AM
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Junior Member
453 posts Joined: Nov 2008 |
today market is worse, if not because of maybank and tenaga.
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Nov 24 2008, 09:58 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
Well, i bought it nicely before it ex-div after of doing some research n monitor its price support.
Dividen + oversold + good financial result + strong buyback support for big shareholders. I feel its chances to get profit is higher so i go for it. v_viper88 QUOTE(gogo2 @ Nov 24 2008, 08:59 AM) |
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Nov 24 2008, 10:00 AM
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Senior Member
2,646 posts Joined: Oct 2008 |
so viper izit good to enter now?
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Nov 24 2008, 10:04 AM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
QUOTE(viper88 @ Nov 24 2008, 09:58 AM) Well, i bought it nicely before it ex-div after of doing some research n monitor its price support. But Viper, how come you so lucky to get @ 0.79 cum-div? Last week low was 79.5, maybe my monitor info incorrect.Dividen + oversold + good financial result + strong buyback support for big shareholders. I feel its chances to get profit is higher so i go for it. v_viper88 Today, I thought of entering, but lowest was already@ 0.78 ex-div |
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Nov 24 2008, 10:04 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
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Nov 24 2008, 10:07 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(viper88 @ Nov 24 2008, 09:58 AM) Well, i bought it nicely before it ex-div after of doing some research n monitor its price support. What is your plans for the Zelan shares? Keep for long term or sell off if value increase? If sell off, what is your target price? Dividen + oversold + good financial result + strong buyback support for big shareholders. I feel its chances to get profit is higher so i go for it. v_viper88 |
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Nov 24 2008, 10:07 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
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Nov 24 2008, 10:07 AM
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Senior Member
3,589 posts Joined: Mar 2005 From: Bolehland |
KNM financial report still ok right? EPS 9.0 last quarter.
Plan to hold it a bit longer |
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Nov 24 2008, 10:08 AM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang |
viper is one lucky guy. I think Zelan cannot drop anymore.... you've bought at the lowest point. Congratulation!!!
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Nov 24 2008, 10:09 AM
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Senior Member
2,359 posts Joined: Apr 2006 |
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Nov 24 2008, 10:09 AM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
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Nov 24 2008, 10:10 AM
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Senior Member
1,040 posts Joined: Apr 2005 |
I got some zelan at 0.805 too
Total average of 0.826 with dividends Go zelan Go! |
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Nov 24 2008, 10:11 AM
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Senior Member
1,345 posts Joined: Dec 2007 |
is Japan having holiday today?
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