doubt it, but never hurts to hope for a new year and a new start?

morning everyone splendid week ahead, Opec oil cut should put a small crack (smile) on everyone's face today.

from what i have heard rumours is a share buy back/

bank negara contemplating on another rate cuts to follow American cut?

any news???

congratulations to those whom have invested in KLK, share buy back scheme just published in the star.

I believe Cherroy made a killing?

and those whom have invested in Plantation stocks and made nice profits. (i.e. IOI)

the outlook for the months Jan to May for FCPO price should be favourable hopefully pushing through to 1800 above, should expect plantation shares to lead the market.

Oh by the way, this all happened a few months back when FCPO plunged below 1400. If your entering right now in to plantation counters than u might have some problem in the long run, unless it can continue its uptrend momentum. It's closing in on 1700 but not there yet.

To bet on plantation is neither safe or sound depends how you look at it, but commodities a definately must buy as one of the counters in your portfolio if ur investing 2-4 yrs ahead before u see any proper return on investment.

btw i believe when Cherroy hinted he bought some KLK, i think he got it at a good price of about 8 look at the price now.

Whether his bluffing or serious anyones guess.

This post has been edited by aurora97: Dec 31 2008, 10:11 PM

after this rally probably before CNy selling lock stock and barrel ... wash my hands clean

this run is only suitable for those whom have been holding on to their nuts since 5 mths back when the market was like a freakiung yoyo

This post has been edited by aurora97: Jan 2 2009, 04:18 PM

have a bad feeling about this yr ...holding on to mostly plantations, will unload all at least somewhere around May 08 at least i can sleep peacefully with all my monies under my pillow..

Cant imagine whats installed this 2 3 4 th quarter

someone has to die in order for others to profit, not suprisingly plantations are gainning due to a spike in oil prices.

Both disputes in the Ukraine over gas prices and also on going incursion in Gaza Strip is fueling the spike.

However, this will be a short war so the moment the war ends people will get burnt.

realistically saying, CPO prices are also absurdly flactuating. Expect alot of defaults and rejection on delivery, so dont be suprise if CPO heads southwards suddenly. Thats why I did mention for the month after CNY especially FEB, March, April and May onwards is deficult to predict.

Good thing for now is currently FFB production is at low cycle, there is still some surplus from last year so most likely planters will slowly deplete the storage before going back to normal production phase to prepare for next years recovery (optimistic).

With floods in West Malaysia Especially to look out for is Johor being the 2nd Major producer as well, should hamper CPO supply further which is more good news for Sabah producers.

War in the Middle East.

For the time being it seems all the signs are in favour of CPO.

My forecast for plantation is on track except for and until Feb Mac April and May 08 FCPO prices uncertain will depend on the effect of El Lina (or what the f-ing name u wanna call it)...

Forecast...
Two things to pray for El Lina.
Either too much rain or no rain, this will effectively decrease the yield of CPO significantly with fruits that are high in inpurities i.e. higher cost of production and smaller fruits respectively.

Other fronts would be soya bean crops affected by El Lina to look out for.

supply is not due to kick back into full production till late august/september before we see some recovery in the supply, so should be interesting to look out for.

Ukraine gets a kick in the groin with Gas supply being paid in Market price increasing 4x folds if am not mistake from the current price being charged. This will significantly increase gas prices not only in Ukraine but also throughout the EU a domino effect which could lead to significant jump in oil prices.

this one must be temporary erection.

dont trust the market too much very artificial

CPO Market opens in 5 mins should be interesting if it breaches the 1900 barrier... ?

Common March 09 FCPO show me the money!

mine holding for the pass 5 mths back, my nerves also about to crack already profit taking...

going to consolidate my funds for the incoming longggggggggggggggggggggggggggggg winter ...

IOI is over-hypedla, what goes up must come down...

IOI has remained pretty bullish throughout Dec to Jan, probably foreign hedge funds are joining the fray again (back to school?). Once they pull the carpet from underneath everything will start crumbling be4 u can say buy!

http://news.bbc.co.uk/2/hi/middle_east/7810945.stm

European seeks 48 hours truce for humanitarian purposes!

Crude Oil at 47.09

The time is ticking for a truce or a peaceful resolution to this madness!

This post has been edited by aurora97: Jan 5 2009, 12:40 PM

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 ..

Construction & property market is starting to get impacted by the global credit crunch, my 2 cents worth... i wonder how this would affect REITS?

On another brighter note...
the thing is WCT may be over-sold once limit down is lifted so this stock is potentially up for speculation as well.

Watch for signs for over-sold maybe a good time to pick up as well for short speculative (Gamble) if anyone has the marbles to go for such risk.

I wouldnt be suprised at all if the afternoon session we continue to see limit down and for the next two days.

On another note, there maybe compensation due to the cancellation of the project so WCT is not at a total lost at all. Depending on what phase the racecourse has already been compeleted monies are already in the pockets of WCT. So dont be too quick to rule out WCT is a total lost.

CPO racing towards 1900 ? should be interesting...

This post has been edited by aurora97: Jan 6 2009, 11:23 AM

not suprised at all really, CNN/BBC/CNBC/Bloomberg has already been drumming that there has been a severe cut in contruction/property works around the middle east especially UAE. For anyone who has been watching and observing the news and apply it to market logic, should have seen this coming. A sand storm is kicking up in the middle east, the huge Palm Island has already reduced and halted work, will the reclaimed palm island be a massive white elephant that can be seen from space? Looks to me its going to be VERY likely.

In bad times my rule of thumb personally is not to touch any contruction/property related stocks, i think this stocks are like airline stocks highly risky when economy is bad.

Sime/IOI however would be an exception to the rule since their exposures are absorb by other profitable operations.

Same principle applies to Airasia (except Mas ironically)

Proton for obvious reasons i would even consider.

This post has been edited by aurora97: Jan 6 2009, 11:39 AM

waiting for lower to move in for the kill Axreit loks like the cheapest among the lots of REITS wif the best returns...

i wonder...

My ammo is back to close to 50% level ...

lets see what the market has installed for this Cny ... kekeke