Fed Cuts Key Interest Rate To Between Zero and 0.25% ( http://www.cnbc.com/id/28254875 )

DOW 8912.59 348.06 +4.06%

So today, KLSE gonna shoot like a rocket ???????

It seems like US has tried whatever they can to rescue.................. time to bargain hunting again 

kmarc, r u working with the Government? Tmrw is the 2nd payment of bonus for civil servant.

uchitect going to be 1 today if CI dont drop

depend on wat level mah, how to say poor. banyak lubang wat! 

dun worry lah sime is back by ci. expect 6. u only buy 500 units or with capital of about rm2600? 

ic. if i am u i will put all the telur at one bucket. and not 1 telur at 1 bucket and ......burn-out 

i read the report said packson target prices is between 3.5 - 4, so better dun touch 1st. 

10 years later, in 2018, we will look back at the historic price,
and we'll start the conversation all over again...

"whoa IOI at 3.30 only, why i didnt buy!",  and imagine by then, maybe IOI stays at 15.00 already

actually what points to new low at 2Q 2009? no proof also.....

For long term, which counter you're aiming ?

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.

Haha, I dunno about gorenging - it's more of a slow and steady rise kind of stock. I think its a good stock which is undervalued now. 90% of Parkson's revenue is from China - I've lived there for 2 years, and I've seen how the Chinese people shop. I remember in 2007 when I was in China, there was a jewellery shop in Shanghai which made RMB1 million in one day during CNY and its only one shoplot in size. Very impressive. Also in Nov 2008, retail sales in China went up another 20.8%. Of course it wasn't as high as October sales which was a 22% increase, but still an increase no less. Also, property sales in Beijing and Shanghai rose in November after being stagnant in the previous few months. Apartment sales climbed 52.4 percent in Beijing in October, while Shanghai grew 41.98 percent, according to official figures. 

I bought 3k units when it was 3.50 with the intention to sell after CNY. The when it dropped to 3.34, I bought another 3k units. Now its 3.78!  Already I've earned 10%! I should have bought more when it went down to 3.30 as there were rumours floating around that the Chinese gov might increase the people's salary. So regret now as i used up my funds to buy lots of Resorts and some of KNM. But I'm gonna pick more up at 3.62 tomorrow! 

Giordano has stopped all expansion in HK but still opening stores in China there. LV is going in with another big store. Walmart is also expanding now. There are some other foreign retailing companies that intend to open there in 2009 and 2010. So I think they still see the potential for retail in China.

On the con side, there has been some protests by factory workers that have lost their jobs due to factories closing down in the Guangdong province. There might be a further increase of unemployment. Hopefully this will be contained at below 5% in the future, as the massive stimulus funds starts trickling down as implementation begins. I have massive confidence in the Chinese gov, so I could be biased. So I think you should make your decision after proper research.

Anyone is eyeing on Airasia?

880 jo, 

if tonight got good rumour, then tmr KLCI will cont to north 

What happened to resorts?  almost RM 2.00 

You still have Zelan.

CIMB and Jupiter have call buy on Zelan today

CIMB TP -  0.93

But you have alot other counter stock as well rite? Profit today goo?

I'm holding tight to my Zelan. Hope it will reach 0.9 and above.
More profit to come hopefully.

Cheers,
v_viper88

this is bad news actually for Rakyat. they already got medical hospital (still not the first class standard lah by medication and i think pantai hospital is better), but still want the ijn, there greedy, then i must fear now.

Plan to buy penny stocks or blue chip stocks?

http://biz.thestar.com.my/news/story.asp?f...08&sec=business

Wa.. how much is your reload?
My ammo reload only comes end of Jan09. Just got my year end bonus .. cant buy much stocks also with it.

I bought 20000 unit of Zelan last week. Average price now is 0.788 unrealized profit now is double from previous week when i was at SG.
About 10% unrealized profit for my capital investment in this counter
I noticed strong buy at 0.84 for Zelan counters, feel it have good chance to reach 0.90.

Recommendation? I already suggested earlier to monitor these few counters like Zelan, MPHB and Lionind few weeks ago.

MPHB shoot up to 1.14 yesterday n closed at 1.11. About 10% up from RM1.02. I already told earlier to monitor this share..  pump in 100K can get about 10K liao. 

Lionind also went up ... hitting 0.73. i bought some at 0.655 earlier sold at 0.70 swap to buy Zelan.

Now i concerntrate on Zelan n Resorts.
Resorts still under selling pressure, once selling pressure over very good chance to go up. 

Oil price keep dropping.. think maybe play abit if KNM drop below or close to 0.40.
Dialog also seems have good potential.

Cheers,
v_viper88
http://biz.thestar.com.my/news/story.asp?f...43&sec=business

http://biz.thestar.com.my/news/story.asp?f...91&sec=business

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


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