Stock market won't be go down everyday one, once drop too much and become seems too cheap, then people come into market to bargain and buy, which send the market go higher in quite a drastically way just like US market last few days, as once market goes up, people become more confident, and short-seller need to cover quick, which eventually make up bear market rally normally come in quite fast and drastic.

But once rising too fast, too much, people realise fundamental is still not good, then back to reality, and market goes down again.

As reported in the recent news, resin business is being hit quite hard, even Petronas resin factory need to shut down as stockpile is simply too high, can shut down for weeks without producing still have enough stock to sell.

Good side is oil price is dropping singificantly which make their cost pressure being removed.

Their business is volatile in nature, but at 0.75, it is more than 60-70% discount on its NTA which stand at 2.xx. Dividend history is 6 cents annually, but don't know can sustain or not in the near future.

Don't mean good or bad, judge your own, buy at your own risk.

At 0.5 is still a manageable ratio.

It could be a undervalued stock, if earning wise still showing a positive sign.

Its business is largely affected by oil price/natural gas, as those are the main raw ingredient in making their product (polymer, polymer resin)

It is very difficult for the market to sink a lot in current situation. Whenever some issue/news that is bad, gov across the globe come out to rescue.
Like Auto-bailout fail, then US gov may come out another plan or using TARP to fund it.

Those want and need to sell, already sold, so sellers are not that aggressive anymore in most stocks.

Upside potential also limited by poor economy ahead (expected), so it somehow like stuck in the range.

It is not realistic to expect market to rally strongly except some bear rally in between.

I did Q at 1.00 as well today, but didn't get it, in fact, 1.00 never done today, unlike last Friday, at least done 400-500 lots.

Neo18 is doing carry trade on reit based on last time he posted. Borrow or margin at a rate much lower than reit DPU gave.

It is +0.010, 1 cent not 10 cents.

Up courtesy of LYN promotion.

For my personal opinion, among the list, PLUS should be the last to be considered, <-- won't get too much appreciation from it. Even during the bull run last year when KLCI reaching 1,500, it didn't surge much either.

It is about your dealer efficiency, nothing to do with online system/ Some dealers might be too busy or too easy (this is higher chance )(that chit-chat with others or playing with computer game ), doesn't alert you have sent the order and re-direct your orders.

I LOL on "monkey". So next time don't pay peanut, buy some banana....

I saw most remiser bring their own notebook for playing game.

Btw, those terminal are funded by the broker house or on your own?

Interbank rate is not at that range yet, it is the Fed fund rate.

3 month Libor rate is still at 1.7-1.9% range. When Lehman went down time, it goes as high as 4.++%.

Give peanut, come out monkey, give banana, come out gorilla which is still sleeping

VL shape

Because market is cheering and going up when Fed cut rate to near zero, but as time passed, market might think, hey now zero already, no more rate cut, what next? if economy still can't recovery with zero rate, then Fed is running out of option.

You are leaking your age already.

Anyway back to topic
Situation now especially in US stocks and some here might be very very similar to what you have posted.

Now you see people have no confidence to buy stock at current moment, it was the same during 1998.

It is easy to look back what was happening and see the stupidness of people don't buy at that time. But currently, we might be already in this same situation, but people don't dare to buy.

You see clearly from the outside and something has passed. But when you are actually in the same situation at current time, you don't realise it at all that you are already in. Just like currently it might be a bottom or bottoming process, (may be or may be not) but do you hear people say now it is the bottom? No. You only hear people say it was a bottom when market going up back.

Simplified: You never hear it is the bottom, you only hear it was the bottom!

It is some sort like a fish living in the water, don't know there is water around. Get what I mean.

If everyone prediction is right (Q2'09), now already a good time to start investing for long term, as market always behave way off people expected.

The problem I can see currently is not when is the bottom, surely it will come or already happening, no one knows, the main issue how long the slowdown or recession is going to drag on and severity of it.

If one sees longer term future is bright and economy will recover, then it makes not much different to invest let say KLCI at 850 or 800, ot 750, as if it able to surge to 1,200 or higher in longer future time. You don't time exactly for long term investment, you buy around that low level which is very very good enough already.

Whenever some try to think of maximise their return rate by in and out too often, (99%) it will backfire. Market won't wait for you, you won't able to time correctly the market.
What if you sell of then market still keep on rallying? Remember when market really turn, it really turn, won't look back anymore.

Not to say it can't, but just from experience, don't try too hard to time the market, it won't work most of the time, or most of the time wasting your effort and energy only. No offence, just based on experience and seeing lot of people doing it while not actually yielding anything out of it. It works perfectly in theory, practically, it is not as workable or as easy as one taught.

Yalor, CPO doesn't up either, but plantation stocks are bias to upside now in line with the improved market sentiment.

Don't think can grab more plantation stocks cheap cheap anymore at least for near term especially for the like KLK, it doesn't turn back now.

Not enough ler.

It makes no sense for those plantation stock like Sime, IOI, KLK to rally so strong while CPO price is actually under pressure because of oil price dipping below USD40. Other than that possible window dressing, it is hard to find a reason for it.