Oil is up, so Monday CPO counters will push up the index. The rest of the counters can piggy back ride. E&O looks bottom out at 40 sen. Now hovering at 42.5 sen. NTA is extremely good. PA still looked bullish after retraced a bit for profit taking. Might continue the trend next week. Target at 60sen.

Yeah, I couldn't get those stocks as I ran out of bullets..... my reload not much la.... definitely not enough to buy 20000 units of ZELAN!!

I see..... hmmm.... resort already going up, wanted to get more when it was <2.20 but again, no bullets....

Any info on LCL?... looks like most analyst are quite upbeat with this company : http://biz.thestar.com.my/news/story.asp?f...52&sec=business

And looking at the stock price, it has dropped so much as is still dropping!!! With other stocks on the way up, I'm thinking of dumping my reload into this one.....

TA securities listed LCL as the number 1 value picks, with a potential capital gain of almost 300%!

Anyway, my reload came a bit too late (and it's only half the amount!). I feel that I have missed the 2nd boat (but I think I caught the bottom! ) and it is more difficult for me to pick and choose the counters as prices are going up......

This post has been edited by kmarc: Dec 20 2008, 05:20 PM

oil is up? it is trading at USD33/barrel now.

analysts claimed that oil price would rebound when it touches USD30/barrel.

we'll see how things go.

This post has been edited by panasonic88: Dec 20 2008, 10:14 PM

Ya.. i miss out the YTLPowr-Wb also in my watchlist stated previously bfr it shoot up.

LCL? I never heard tat counter. Since you say few analyst give buy call on this counter, it should be quite good.

I chk in OSK, LCL

NTA is 0.91.
PE about 5
Dividen - 0.10 sen per yr

Shareholders
1 CIMB GROUP NOMS SB PLED SEC ACC - LOW CHIN MENG 8,000,000 11.20%
2 CIMSEC NOMS SB CIMB BANK-LOW CHIN MENG 6,450,000 9.03%
3 HSBC NOMS SB EXEMPT AN-MORGAN STANLEY&CO.INT.PLC 4,813,600 6.74%
4 HSBC NOMS SB EXEMPT AN-THE HONDKONG&SHANGHAI BANKING CORP.LT 4,463,500 6.25%
5 HSBC NOMS SB JP MORGAN WHITEFRIARS INC. 4,203,600 5.89%
6 EB NOMS SB PLED SEC ACC - LOW CHIN MENG 3,450,000 4.83%
7 HSBC NOMS SB EXEMPT AN - MORGAN STANLEY & CO.INCORP. 3,032,400 4.25%
8 MOHD AKIB BIN ABD RASHID 2,100,000 2.94%
9 AMANAH RAYA NOMS SB SEKIM AMANAH SAHAM NASIONAL 1,972,500 2.76%
10 LOW CHIN MENG 1,549,000 2.17%
11 LOW CHIN MENG 1,253,250 1.75%
12 HSBC NOMS SB HSBC-FS - GAM SPORE/MSIA EQUITY INC. 1,231,200 1.72%
13 LCL HOLDINGS SB 1,107,000 1.55%

 LCL_9MFY08_Pace_Steady_but_not_Good_Enough_20081125_OSK.pdf ( 50.81k ) Number of downloads: 18

 LCL_A_Setback_in_Local_Jobs_20081120_OSK.pdf ( 47.99k ) Number of downloads: 12


Foreign shareholder aboutt 20-25%

LCL remind me abit of Ajiya, one of the counters recommended to buy by research house and its price shoot from 1.20 to 1.75 ! I bought Ajiya last year around 1.30+ and sold it off at 1.50+
but due to its unpopularity for retailers and fund invesment manager, when market start to weak Ajiya price keep drop and hard to rise up.

LCL have bigger market biz exposure in Dubai, maybe its a good stock for mid/long term play.

Another stock i put in my lower lvl watchlist is OSKProp

OSKProp have some movement last week, share buy back start abit ady since 10 Dec 08..vol incease 10X - 20X. This counter is cheap around 0.30 and have potential to make profit.
Maybe wont shoot up so fast as market still not very strong but in mid/long term play should see some profit.

Cheers,
v_viper88

Damn! Your OSK database is sooooo good! My maybank2u can't even come close!!!

Thx for the link and info! BTW, how to open OSK account?

Wow! From the files you posted, LCL projected DY is almost 15% (FY09)!!! (Oopss... 2nd report is only 8.2%)

Anyway, some info about RESORT.
- One of the Top Picks from TA securities - target price (TP) RM3.60
- BNPP has a "hold" on RESORT, TP RM 2.51, DY for FY09 is only 2.1%
- Credit suisse has a "Underperform" on RESORT, TP of RM1.80!!!

Here's a quote from them :
"We have an UNDERPERFORM rating on Resorts because of
corporate governance concerns, following its recent related party
transaction. Whilst the deal was relatively small in value at US$69 mn,
its does raise question marks on how the rest of its cashpile (in excess
of US$1 bn) will be spent. If Resorts were to trade at its historical P/B
trough of 0.9x, this implies a share price of RM1.45, which is 33%
below the current level. Resorts foreign shareholdings is also relatively
high at 36%."

Really makes me confused regarding RESORT..... anyway, I'm already holding 2000 shares of RESORT so I don't think I want to buy anymore of this stocks.....

OSKprop huh? Will look into it.....

This post has been edited by kmarc: Dec 20 2008, 10:51 PM

oil price keep dropping without much resistance shows a strong signal of a great depression looming. A mild rebound at USD30 is much expected, no need analysts claim. The question is how low can it go? USD20, USD10. If indeed reached this level, it's pretty much confirmed the world economy is under serious problem.

I have more resort share units than yours. Average it down only 2 time but see not so stable so i put my money into Lionind and Zelan.

Resort share is actually RM11.00 , as it was split to 5 already (5x2.20).
So at current price range around 2.20 is Resort strong support ady. Onless FF continue to wack Resort down... but based on Resort share buy back
it still can hold awhile. Resort is cash rich.. so not much worry for me. Its Sentosa Casino opening end of 2009 or early 2010, its price should have gone up by then.

Cheers,
v_viper88

Hmm.... looks like I have to keep RESORT for long-term..... Will only average down if RESORT drops lower than 2.10.... my ABP is at RM 2.34...

I'm going for LCL next week as I think it is probably already at the bottom.....

Still can't decide what other counters to get as the market is already up.....

Edit : Woo hoo! Good news for SIME? http://www.themalaysianinsider.com/index.p...to-spur-economy

This post has been edited by kmarc: Dec 21 2008, 07:08 AM

Resort is strong stock counter, no much worry if go for mid/long term investment.

I'll chk with my remiser and ask analyst feedback on this LCL counter.

You buying so many counters.. have 2 do alot of research and analyst..
Need alot money also if want to average it down when stock price drop.


Cheers,
v_viper88

Please do as I'm planning to get LCL tomorrow. I don't have any remisier.....

Errr.... research and analysis? Not really... I just see which counter is bottoming, then I buy!

Counters that I'm holding:
SIME - bought because I though it was at the bottom
ZELAN - bought because assumed it was at the bottom
UCHITEC - bought because I think it is the bottom
KINSTEL - incorrect prediction of the bottom (slight paper loss)
KNM - incorrect prediction too (slight paper loss)
RESORT - very the incorrect prediction of the bottom....

(I guess that's how we noobs do stock trading..... )

Altogether, slight paper loss for all the stocks I'm holding. Mine you, I'm holding small amounts of each stock.... can still average down...

Next target - LCL, because I think it is also at the bottom

This post has been edited by kmarc: Dec 21 2008, 02:26 PM

I agree. I'm also a Resorts fan, have 13000 @ 3
(no choice have to be a fan )
This counter can rebound , just need to be patient.
Anybody whose having Resorts now, be patient .

Wow! That's a lot.... hmm.... maybe I better grab some more!!!

You're not planning to average down further?

Resorts is my first love

Earn some from this counter by short term trading... Quite good for trading...
Fundamentally wise jsut that dividend is too low.... due to maybe the management want to use the cash for share buy back or business expansion.

I beliv it may drops below RM 2.00 next year as i beliv next year will have depression.... you can see it from the massive drops of oil price.....Be patient

no plans . As market is drifting sideways, dunno how long this will end.
Might as well safe the money and watch the show at the moment

Personally I have some reservation on LCL,most of it's overseas projects are in Dubai and the current low prices of crude oil is adversely affecting Dubai property market,tender price is low and competition cut throat,progress payment collection is slow and many projects there stalled.

LCL's cashflow is also very tight as you can see in the latest cashflow statement.

Just my reservation,not meant to discourage or encourage you to buy or sell.

Yeah, the projected dividend for FY09 is about 3.5% only!!!

I also believe that the market will drop to a new low next year, that's why I plan to get out of the market by Q1, if possible.... buy again when it drops....

Yeah, that's a good idea.... but you don't want to ride the year-end/CNY rally ka? (that is, IF it ever comes.....)

I see..... I really want to go for bluechips but since I believe KLSE will drop further, I'm planning to wait. That's why I want to target this counter short-term as it has dropped so much and it looks like it is already plateauing..... hopefully this is the bottom and it will start to rise soon.....

Other good bluechips counter has already started to rise.... except for Maybank.....

This post has been edited by kmarc: Dec 21 2008, 10:38 PM

the year-end rally may not happen, even if it does, probably its selected counters only, as economy outlook is bad.
Of course, its so much better if it happens.

Hope it does.

Say, anybody knows which counter usually rallies near CNY? Maybe should go for those particular stocks! (I read somewhere that people say go for CALSBERG and GUINESS!! )

Anyway, will have tonight to dream about LCL.... tomorrow will decide!

My bullets all tied with Uchitec. I envy you guys who have bullets to ride the bear rally.

How much is the brokerage fees for UCHITEC? I might grab some more but have to clarify with my bank today. They charge me RM40 minimum for the trade (instead of the usual RM12)!