My house air-cons are Panasonic, washing machine - Panasonic, refrigerator - Panasonic, TV - Panasonic Viera LCD. I owned Panamy shares. If people don't know, they might think I am Pana-fanboyism
No lar, not actually prefer what brand, just all buy from one shop (panasonic dealer) which is slight cheaper than market price offered by ordinary electrical shop like SenQ, Star etc.

Their financial year ended 31 March, so around April to May only will know its dividend.

At current situation, the Perak saga won't affect much on the market. Only if it involves federal gov then only then implication is big. State gov is powerless in term of policy making and fund allocation of gov.
So the change of Perak state gov is not having significant effect on the macro-economy term. On political front, may be a lot of consequences which will not be discussed in stock market section.

---

Added on February 5, 2009, 4:16 pmIt is a long process, taking month or months to be completed, you need to have shareholders approval then put up time frame for IOIprop to accept the offer.

This post has been edited by cherroy: Feb 5 2009, 04:16 PM

I see some banana growing.

1 lot joker again, at 10.40.

This post has been edited by cherroy: Feb 5 2009, 04:18 PM

No choice for those with spare cash, either FD or stable dividend stock.

With FD rate so slow and is expecting to go down some more (to 2%), people more and less will opt some steady dividend stocks.

But the proxy of KLK, BKawan doesn't want to move at all. Seem they are playing with index and supporting their portfolio instead of really want to buy.

Kinwawa,
You naik sampan, and catch Pana's oranges then during chap goh meh. Hehe.
or
Didn't catch the oranges but sampan tenggelam. Haha.

The lowest can be bought is 0.08 only i.e this morning.

It is its first day listing, the reference price of 0.005 is absurb and meaningless.

For near term,
Pbbank, the most it can go is around 9.xx
KLK, the most it can go is around 11.xx.

More than that, it is overpriced based on current market and economy situation, unless there is dramatically improve or event that are very positive to the whole market and economy.

Just like situation I posted back then for Axreit (the most it can go is around is 1.4x in near term).

Just my view, doesn't necessary correct.

Without economy recovery and growth, there is no chance for stock price to go beyond certain level except for goreng which is not sustainable.

Look like I need to study more, learn new term today, MBA

---

Added on February 6, 2009, 2:56 pmNobody watching Maybulk? It is running away...

This post has been edited by cherroy: Feb 6 2009, 02:56 PM

I feel uncomfortable with KLK if it reached 12.00 while CPO below 2,000.
If CPO doesn't rise in line with the share price of KLK of any plantation stocks, I will take the profit on those and chao.

Just stand at sideline to have a clear mind. Actually if stand at sideline and forget what stocks you have or not, and have a neutral mind, you see thing more logically and clearly. People often make mistake because of too bias.

Often when people or we bought a stock, it is always norm for us to be positive or ultra-optimistic about the company etc which sometimes we forget the risk and negative factor already eventually we can't make neutral decision which neutral decision is always the more wise decision.
You don't need rocket science, nor superb strategy, just based on logical and neutral thinking, sometimes it is enough.

Ya, has been watching on Genting, the pattern of trade is not that normal. Seller are pouring out whenever buyer coming in.
It is still hovering at its recent low point. Want to grab some?

This post has been edited by cherroy: Feb 6 2009, 03:42 PM

Speaking of recovery, among the nation, Australia might the one recover the most and fast, due to

1. Interest rate differential or drop is the steepest (may be NZ as well), so the interest drop effect will be the most.
Just like previous your rate is 7%, now become 3%, which consumers and business will feel the effect. While like Malaysia, drop from 3% to 2%, effect is minimal

2. AUD is the hardest hit currency due to unwinding carry trade, so with cheaper currency rate, it might boost export.
Australian goods become cheaper.

3. Recovery of world economy will mean commodities price surge, as AUD is commodities based currency it might be benefit from it.

So, if world economy indeed being boost by stimulus plan and manage to recover, AUD is the one to watch.

Just my 2 cents.

I prefer to judge a share or company based on profitability instead of sales...

100000 billions is as good as 1 million if can't make profit.

Wow, the trade receivable is more than 300+ millions while whole year sales/revenue is 200+ millions.

I don't know details about the company or company situation, but based on this 2 figure, it somehow like making a business whole year without collecting payment from customers. If those receivable being defaulted, it can bring down the company.

This post has been edited by cherroy: Feb 6 2009, 08:04 PM

I don't know their nature of business, but debtor only pay after 1 years ++ sound not right at all.

Market cheer or up because high hope on stimulus package II which worth around USD 900 billions (3x of Malaysia ) which is going to be passed.

Even locally, Malaysia will have stimulus II as well which could worth RM 20 billions at the expense of high deficit budget of gov.

Australia also has stimulus package II, wow, everywhere stimulus, stimulus, indeed it is something or economy recession most of us (those born after 70's) never seen before or experience before.

We might as well see the stablise of economy with little growth as well. There is no guarantee even the market has bottomed, market must go up, it can be just side way with little tilt on upside instead a V shape recovery (which a lot of people hope for, especially in stock market). It could be L shape for sometimes before everything back to normal.

Again DJ rebound from 79xx-8000 level which is the short term strong support line which has been tested three times already.

Just my 2 cents.

This post has been edited by cherroy: Feb 7 2009, 09:45 AM

This is the main problem by following their or investment house TP.

Strong buy at 3.93, 2.80, 1.30. But hold on 0.88, ain't 0.88 should be the stongest buy?

PS: I understood fully situation is changing from time to time, so does TP.

Except Spsetia, the rest are well known for goreng goreng.

I don't like this idea at all. It just like sweeping your dirt under the carpet without cleaning it which room is clean but lot of dirt hiding under.

Whatever, stimulus plan is highly will go through, just somehow how politic plays out only.

Remember last time 700 billion TRAP being rejected in the first place, market crashed, then everyone changes their mind already and being passed afterwards.
No question ask how to use those money either, even changing the usage of those TRAP and strategy in mid way also, nobody raise the question.

So if stimulus plan being rejected, then what the market can do is let that DJ crash again, then it will get the green light already afterwards.

Just joking.

Printers...