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 Stock market V19, Chit chat in the market

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kmarc
post Dec 21 2008, 12:24 AM

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QUOTE(viper88 @ Dec 20 2008, 11:46 PM)
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... sweat.gif  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.

icon_rolleyes.gif Cheers, icon_rolleyes.gif
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... cry.gif

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
kmarc
post Dec 21 2008, 02:24 PM

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QUOTE(viper88 @ Dec 21 2008, 01:57 PM)
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.
icon_rolleyes.gif Cheers, icon_rolleyes.gif
v_viper88
*
Please do as I'm planning to get LCL tomorrow. I don't have any remisier..... blush.gif

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

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

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

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 brows.gif

This post has been edited by kmarc: Dec 21 2008, 02:26 PM
kmarc
post Dec 21 2008, 09:42 PM

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QUOTE(sharesa @ Dec 21 2008, 07:51 PM)
I agree. I'm also a Resorts fan, have 13000 @ 3 doh.gif
(no choice have to be a fan biggrin.gif )
This counter can rebound , just need to be patient.
Anybody whose having Resorts now, be patient smile.gif .
*
Wow! That's a lot.... hmm.... maybe I better grab some more!!! laugh.gif

You're not planning to average down further? hmm.gif
kmarc
post Dec 21 2008, 10:37 PM

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QUOTE(darkknight81 @ Dec 21 2008, 10:04 PM)
Resorts is my first love  biggrin.gif

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  wink.gif
*
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....

QUOTE(sharesa @ Dec 21 2008, 10:19 PM)
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
*
Yeah, that's a good idea.... but you don't want to ride the year-end/CNY rally ka? smile.gif (that is, IF it ever comes.....)

QUOTE(lklatmy @ Dec 21 2008, 10:21 PM)
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.
*
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..... smile.gif

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
kmarc
post Dec 21 2008, 11:15 PM

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QUOTE(sharesa @ Dec 21 2008, 10:59 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. smile.gif

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

Anyway, will have tonight to dream about LCL.... tomorrow will decide! laugh.gif
kmarc
post Dec 22 2008, 07:00 AM

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QUOTE(simplesmile @ Dec 22 2008, 01:57 AM)
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)! mad.gif
kmarc
post Dec 22 2008, 09:44 AM

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Woo hoo! Window dressing in progress.... but I haven't finished my window shopping!!! vmad.gif

Market went up so blazing fast.... had to go in on LCL on short notice... manage to get at 0.770.... rclxms.gif
kmarc
post Dec 22 2008, 09:49 AM

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QUOTE(sampoo @ Dec 22 2008, 09:48 AM)
u are lucky, still managed to jump in the boat. how many lot purchase 5,000 units?
*
No la... 3000 units only.... smile.gif

You bought anything today?

Anyway, I clarified with maybank today. It was a technical error on the RM40 brokerage fee.... they said they will report it and straighten it out. rclxms.gif

This post has been edited by kmarc: Dec 22 2008, 09:51 AM
kmarc
post Dec 22 2008, 09:55 AM

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QUOTE(sampoo @ Dec 22 2008, 09:53 AM)
today no. i done as last 2 weeks b4 the rally, i already done the preparation.  rclxm9.gif  brows.gif

stay on the boat and just follow the boat trend, dun jump in or jump out, if not someone may easily die.  icon_rolleyes.gif  nod.gif
*
Good for you. My bullets came late.... that's why have to do last minute shopping.... blush.gif

Too late to get some more of UCHITEC.... sad.gif

What do you guys think about this : http://www.btimes.com.my/Current_News/BTIM...icle/index_html
QUOTE
However, any year-end rally this week is expected to lack stamina and the momentum will disappear post-Christmas as most local funds have already closed their books and many fund managers that have participated in the last two weeks' window-dressing activities taking the opportunity to go on a long leave after a volatile year.

The positive spill from a Capricorn effect in January next year will be enhanced if the incoming Obama administration introduces a multi-hundred-billion-dollar fiscal incentive programme to revive the economy after the Fed runs out of the flexibility to cut rates further. Nevertheless, the Fed is not toothless as it can still contribute to stabilisation of the financial markets by pushing down the longer-term risk free-rate and spreads by sustaining aggressive liquidity operations


This post has been edited by kmarc: Dec 22 2008, 10:17 AM
kmarc
post Dec 22 2008, 11:10 AM

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Yeah, losing steam.... sweat.gif
kmarc
post Dec 22 2008, 11:22 AM

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QUOTE(sampoo @ Dec 22 2008, 11:17 AM)
tat is y, if there 1 to lift up ci, must bring maybank up also, they cannot just bring up public bank only mah.  brows.gif

standby 4 the second time rally.  rclxm9.gif
*
Maybank quite boring leh... doesn't move much....

Seems like KLSE can't break above 888..... cry.gif
kmarc
post Dec 22 2008, 12:23 PM

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QUOTE(sampoo @ Dec 22 2008, 11:43 AM)
now is the go time to travel and go away from bursa and come back on jan 2008 and collect ur fruits. investment is boring work.  yawn.gif
*
Well, at least KLSE finished +10...... hope another rally session in the afternoon.... will be working... sad.gif
kmarc
post Dec 22 2008, 01:37 PM

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QUOTE(sampoo @ Dec 22 2008, 12:49 PM)
ppl use this rally index as indicator for market in the next few months to come. the rally to 1000 marks is only left 110 points. the room is not much.  sweat.gif
*
Yeah..... be prepared for a new low after that! sweat.gif

QUOTE(viper88 @ Dec 22 2008, 12:56 PM)
LCL drop again.. 0.75..

OSKPROP up.. 0.33.. buying demand quite good.

icon_rolleyes.gif Cheers, icon_rolleyes.gif
v_viper88
*
Haizzz... hope can unload by Q1.... if not, have to keep long-term.....

ZELAN no steam today......

Lucky I didn't spend all my bullets... can tembak another day laugh.gif

This post has been edited by kmarc: Dec 22 2008, 01:39 PM
kmarc
post Dec 22 2008, 06:49 PM

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Wah! What happened? Come back open my stocks account.... KLSE in the RED!! vmad.gif

Lucky I didn't buy MAYBANK. Maybe tomorrow? biggrin.gif

Hmmm... maybe still got time for shopping.....
kmarc
post Dec 22 2008, 08:40 PM

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QUOTE(rayloo @ Dec 22 2008, 07:02 PM)
Sorry to hijack here. I already posted in TM thread but no response. I scratch my head until broken also don understand. Try my luck here to catch attention for help... blush.gif

Anyone has idea ?
*
Me noob, dunno anything.... sorry...

Anyway, here's some news - China Cuts Key Rates for Fifth Time in Three Months

http://www.bloomberg.com/apps/news?pid=206...Lm6w&refer=home
kmarc
post Dec 23 2008, 07:01 AM

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Looks like the market is going to trade sideways year-end....

I think I will keep my bullets for DCA rather than acquiring new counters.......

Anyway, anybody bullish about KNM? Since it is one of the top most traded counter, if the bull comes (and oil prices doesn't drop!), KNM will probably shoot up kaw kaw, right?

Thinking of getting more of KNM..... hmm.gif

This post has been edited by kmarc: Dec 23 2008, 07:02 AM
kmarc
post Dec 23 2008, 05:00 PM

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Wow! KLSE so blood RED!

Gonna stay at the sidelines for a while.... looks like need to do some DCA in the next few days..... sweat.gif


Added on December 23, 2008, 5:16 pm
QUOTE(simplesmile @ Dec 23 2008, 04:50 PM)
Regret didn't follow my instinct to sell Uchitec @0.995 and use the sales money to buy Zelan @ 0.820
*
Remember that this is the stock market and it can be very unpredictable. You could have sold UCHITEC @ 0.995 but what if it suddenly shot up to 1.100? Or you could have bought ZELAN @ 0.820 and it suddenly drop to 0.700.....

Playing shares for short-term/intra-day gain is just like gambling.... you only know you've lost after it happens..... just remember that buying stocks involves high risk and be prepared to lose money... however, like gambling, if the stock market goes your way, you'll get hugh gains!

Maybe our luck will come in V20.... looks like V19 is full of RED too... sad.gif

This post has been edited by kmarc: Dec 23 2008, 05:16 PM
kmarc
post Dec 23 2008, 07:07 PM

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QUOTE(panasonic88 @ Dec 23 2008, 05:19 PM)
remember, window dressing is over, party is over.

go hide under the shelter before the next storm is coming brows.gif
*
How about CNY rally? Hope can get a decent Ang Pow.... laugh.gif

QUOTE(yang yang @ Dec 23 2008, 05:40 PM)
ya lor  rclxms.gif


Added on December 23, 2008, 5:41 pmuchitec @ 1.10 or 1.01 hmm.gif ?
*
Just giving an example.... wink.gif
kmarc
post Dec 24 2008, 02:42 PM

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Anybody doing any year end shopping?

Itchy to do some last minute christmas shopping..... most of the time, I get bitten due to my impatience.... sweat.gif


kmarc
post Dec 24 2008, 02:47 PM

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QUOTE(sampoo @ Dec 24 2008, 02:46 PM)
y, u mean lcl ah. be patience.  blush.gif
*
LCL, KNM, KINSTEL, RESORT.... blush.gif

The only one I jumped in successfully was UCHITEC & SIME.... thumbup.gif


Added on December 24, 2008, 2:48 pm
QUOTE(yang yang @ Dec 24 2008, 02:46 PM)
Tomolo Newpaper can see lah...What happen and who is to blame???
*
Tomorrow got paper meh? Christmas la brother.... tongue.gif

This post has been edited by kmarc: Dec 24 2008, 02:49 PM

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