Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
9 Pages « < 5 6 7 8 9 >Bottom

Outline · [ Standard ] · Linear+

 Stock market V19, Chit chat in the market

views
     
TScherroy
post Jan 3 2009, 09:39 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(Kamen Rider @ Jan 2 2009, 10:49 PM)
and most of the time, they will only said it when "Horse after the Cannon" .... hahahahaha smile.gif
*
This is definitely true. biggrin.gif

QUOTE(mo_meng @ Jan 3 2009, 12:12 AM)
will DJIA break 900 tonight
*
If it is true, withdraw all your FD and put in stock, or we can form a syndicate to 'sapu' those good stocks. Haha biggrin.gif

QUOTE(David83 @ Jan 3 2009, 08:16 AM)
Stocks picks for 2009

Stocks picked for 2009 include IOI, Tan Chong, AirAsia, PPB Group, Petronas Dagangan, Fraser & Neave, Resorts, Petronas Gas and Public Bank.

*
Personally I am not agree PetroGas is a good pick, it is trading at near 20x PER with not much exciting future or profit improvement ahead. Its high share price because due to low liquidity and well supported by gov investment arms rather than funds and FF wish to buy or to have.
Also gas price is regulated and fixed which they can't raise the price as they wish or according to market price.
So their business is rather depended and influenced by gov policy. If it is Petronas (the parent company) then I would say it might be good pick.

You don't get share price appreciation much even the market goes back up in those kind of stock. It is not the time to go for defensive after market had plunged down like that.

Auto industry is still a big problem due to over capacity. Only buy those Auto stock that are top pick and top performance sales in the market, others might be struggling.
TScherroy
post Jan 3 2009, 03:39 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(kmarc @ Jan 3 2009, 03:21 PM)
If we open an online trading account, is there such a thing as an assigned remisier/broker? I thought we're on our own? I mean, we're trading by ourselves and not involving them (so they don't make any commissions), would they help us?  hmm.gif

Anyway, kinda undecided what to target for next week, as share prices are going up. In a dilemma whether to jump in or wait and see what happens......  sad.gif Was much easier last time when I just pick the recommended stocks that already plateaued.  laugh.gif Gonna hold the rest of my stocks for now and ride the baby bull if it comes.....
*
Even you have online trading account, it doesn't mean you are inked with the trading system directly. You still deal or only linked with investment house system only, which eventually only being re-routed by the investment system to the BTS.

For normal direct account, non-nominee, non-collateral, they won't allow you to have direct deal as somebody must take responsibility with any purchase or sales, as whatever goes wrong, they will go after them in this case the remisier/brokers. Remisier has to pay if the clients can't pay up.

Otherwise, if Ah Beng, Ah Kow, or Ahmad (no offence) can simply open an online account, then buy syiok syiok, then missing in action, then who are going to pay the sellers?
TScherroy
post Jan 3 2009, 03:59 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(kmarc @ Jan 3 2009, 03:42 PM)
Ok. So that means we can't ask the investment centre's remisier to help us right (to send us research papers/recommendations)? I opened my trading account (nominee) under maybank investment securities.......

@viper88 - can you get info on BHIC (Boustead Heavy Industries Corp)? It is one of the stock picks for 2009 by AFFIN. Their charts looks nice....  biggrin.gif
*
You still can ask, no harm trying, it depends on service quality on respectively investment house/bank.

Some research papers are automatically available for all the subscribers which you can downloand from the site rather than sending to you in personally.


TScherroy
post Jan 3 2009, 04:51 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(David83 @ Jan 3 2009, 04:04 PM)
I'm interested with TIME. Any comments on this counter?

It's a GLC under which crony? Mr C4?
*
If meant for goreng no comment.
If meant for fundamental longer term investing, then sweat.gif


TScherroy
post Jan 4 2009, 05:13 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(kmarc @ Jan 3 2009, 11:05 PM)
That's why I only use my spare money for stocks...... and only trade using a cash account rather than a margin account. Some people just take all the risk and lose everything in the end.

Anyway, I just bought "The edge magazine (Personal money)" which includes the 10 stock picks for 2009 posted earlier.

Here's what a senior fund manager had to say about BHIC (which he recommended):

- Earnings growth expected to continue
- core net profit expected to grow more than 19% to 152.3 million in FY2009
- Earnings over the next two years will largely be underpinned by its RM2 billion unbilled order book
- 20.77% stake in Boustead Naval Shipyard (BNS), which has a RM27 billion contract to build 27 offshore patrol vessels for the Royal Malaysian navy
- BNS has a virtual monopoly in the building of warships or petrol vessels
- International Maritime Organisation require single-hull vessels to phase out, bodes well for the shipbuilding industry as demand for new vessels will increase
- target price for BHIC lowered from RM6.10 to RM3.55 because of earnings downgrade and lower long-term contribution from the heavy industries division
*
I don't know about this stock, but from the statement straight away I can pin-point out the contradicted statement within as bolded. biggrin.gif

As the research house is viewing it won't be affected too largely due to secured contract and earning gorwth expected to continue, then why lower the target price? Because market price goes down, so lower it so that it is achievable?? biggrin.gif

You only downgraded a stock and target price when future is bleak which you see earning is going to drop. If you see earning is going to rise, it is doesn't make sense to lower the target price.

Don't mean to recommend anything, nor saying the research is good or not, just pointed out the illogical part.
TScherroy
post Jan 5 2009, 11:34 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


Just think market will need a breath, don't overbullish or chase the market.
TScherroy
post Jan 5 2009, 01:31 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(sampoo @ Jan 5 2009, 11:53 AM)
pai seh, u need to call them directly, i think it may take few days to activate back the password.

4 trading u need to call ur remiser. May be god give u signal to hold on.  sweat.gif
*
Few days?? wow, too imefficient.
I don't know others, last time, when I keyed wrong password for 3 three times, then account automatical being blocked. Then call them (investment bank), then ask you and verify your personal and confidential details, then after awhile can use back already.

QUOTE(SKY 1809 @ Jan 5 2009, 01:20 PM)
I do not qualify to be the Fortune Teller. Perhaps doing  Fong Sui earns more than share market..

Past trends from Year 1981 until 2008 were very interesting called the January Effect ( last somewhere to Feb ).

Some Up years and down years. Last year was down, mostly .......better read your own.

Just read the technical research.

Believe it or not  hmm.gif
*
This year probably won't extend to Feb, because CNY is Jan. So now already consider CNY or pre-CNY rally already.

Having said that, 1Q generally most of the time is the good Q for stock market. A lot of time, new high is achieved during 1Q.


TScherroy
post Jan 5 2009, 01:38 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(SKY 1809 @ Jan 5 2009, 01:36 PM)
Agree with you.

The sad part ...... could be called RELIEF RALLY.
SORRY FOR POURING COLD WATER. notworthy.gif
*
No harm with cold water to cool down a bit, otherwise with few days or rising, some may getting "fever" and forget the downside risk already. icon_rolleyes.gif
TScherroy
post Jan 5 2009, 02:55 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(sampoo @ Jan 5 2009, 02:44 PM)
dun said this, most of the trader who sold last friday and today will getting heart attack too. icon_idea.gif
*
Yup, we had only one heart, please don't be getting heart attack. biggrin.gif

What do you want? Down heart attack, cannot sleep, so sad blar blar. Up time kena heart attack also. doh.gif
Hai, human cannot be satisfied one.

You can't earn all the money in the market.

But for me, don't intend to sell anything either, even some rise more than 20%. Getting their dividend is enough for me. The price appreciation side, only sell if go to extra-ordinary high level, or they can't pay or sustain the dividend anymore in the future. So do nothing is better approach at time being.
So, we should be enjoying the CNY or pre-CNY rally, otherwise, market down time, heart attack again. Haha tongue.gif
TScherroy
post Jan 5 2009, 03:03 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


Remember PNB just reloading 2 billions new armour? rolleyes.gif





TScherroy
post Jan 5 2009, 03:12 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


Just check the volume on KLCI component, to my surprise, most are in low volume only (below 3 millions), only a few plantation stocks and KNM are having an OK volume, others still quite low, doesn't match the 20 points rise in KLCI.
TScherroy
post Jan 5 2009, 03:52 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(omores @ Jan 5 2009, 03:37 PM)
Ya, got to think that way. Anyhow, my avg price for KNM is 0.496, should i sell some of my knm at 0.475?  Or should i keep in hope that it will go up to breakeven, or hehehe more?  icon_question.gif
*
Ask back yourself, do you buy it for long term in the first place, or just 'goreng' hangus one and stuck with it?
TScherroy
post Jan 5 2009, 09:16 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


Really beh tahan with IOI, next time plunge time, a stock that will put into my must buy list.

Surge 100% from the recent slide of 2.xx but CPO just recovering less than 30~40%.
TScherroy
post Jan 5 2009, 09:31 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(panasonic88 @ Jan 5 2009, 09:17 PM)
plantation taikor - KLK oso doing well today.

dunno got chance to buy back at RM8 or not. now i miss the good old days tongue.gif
*
Anything is possible, but by then 55 cents dividend will be ex-already. tongue.gif

KLK is no match with IOI, not even half on it!

KLK surges from around 7.00 to now around 10.00, about 40% from the low.

IOI surges from 2.xx to 4.40 (highest today), about 100% from the low.

IOI - a must buy list now. But cannot buy now, too high already (my opinion)
TScherroy
post Jan 5 2009, 09:37 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


Oil is sliding now already. So plantation fever should be cooling down if oil continues to drop.

I don't like to see oil rise at all below USD 50 still acceptable, as I don't want to pump Rm2.70 petrol anymore. It is painful everytime go to petrol station then at least 100 must go. It makes life miserable with sky-rocketing inflation.
TScherroy
post Jan 5 2009, 09:45 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(SKY 1809 @ Jan 5 2009, 09:36 PM)
IOI seldom fails to run when the market starts to move , as always in the past.

One of the local locomotives in Bursa. If you bu low, chances of making money is good.
*
Bursa? OIC, the hundred million locomotive which occassionally hang around 2.00pm one? biggrin.gif

Agree, buy those exchange stock when the real bull is coming back, but don't think it will at near term, years to come may be, not now. There are plenty of job being slashed, factory trim down capacity, business become slower, so it will take awhile before everything will back to normal. It won't happen next week or next month or next few months.
Once people being bitten by the snake, then it will take awhile before forget about the snake, or I might be wrong, may be Malaysian is more forgetful than most others tongue.gif biggrin.gif , no offence. My opinion only.

TScherroy
post Jan 5 2009, 09:49 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(panasonic88 @ Jan 5 2009, 09:41 PM)
indeed. and assuming i get to buy at 3 bucks, we (i mean, i) might have even sold it after making some peanuts.

my weak point sad.gif
*
Don't look for peanut, if really interested in those fundamental stocks, go for big banana.

Don't want always pick peanut, the loss with banana.

Should pick banana then loss with peanut.

Otherwise, most will ended up with net loss (overall portfolio), and stuck with a bunch of losing stock in hand, which I had discussed before.
You don't kill (sell) your good stock by taking peanut, while hold and stuck with those losing one.

TScherroy
post Jan 6 2009, 10:32 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


The WCT's cancellation project send market back to reality. Even those already being awarded the project, by no mean, it is 100% will be carrying on. Especially if oil price doesn't go up, which mean less income for the oil producing countries, those highly lucrative and massive project one in those countries, is always got a risk.
TScherroy
post Jan 6 2009, 10:56 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(Neo18 @ Jan 6 2009, 10:45 AM)
i plan to pick up WCT la...

i stay in Bukit Tinggi Klang, i find their houses good@!!

any comment from fellow bro?
*
Aiya, this has nothing to do whether to buy or not. If they are making good houses, but cannot make a profit, then it is not wise to buy the stock either, better buy the house, haha. biggrin.gif
TScherroy
post Jan 6 2009, 11:04 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(aurora97 @ Jan 6 2009, 10:41 AM)
I cant believe my eyes WCT Engineering...limit down thats kinda of a first for a company that size?

I use to eye this company alot before the share split anyway... this is really a blow to my confidence of what lies ahead ..
*
Anything is possible right now.
We had hundred years old investment firm from Bear Stern, Lehman went under, one of the oldest retailers in UK, Woolworth need to close hundred of shops. GM, Ford, among the oldest car manufacturers are at risk, etc... so on and on.

If you are relied on others for your businesses then you need to see how your customers are doing right now.

Others than consumer essential based businesses, none are safe in recession. It is the reality.

Some more, even for ordinary company, there is a chance or risk of default in credit as well.



9 Pages « < 5 6 7 8 9 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0418sec    1.19    7 queries    GZIP Disabled
Time is now: 16th December 2025 - 06:43 AM