Anybody going for WCT?

Yeah, looks like construction counters taking a beating now..... look at GAMUDA!

Choosing between those two.... GAMUDA, WCT, GAMUDA, WCT, GAMUDA, WCT.....

I thought only noobs get some weird feelings after buying stocks.....

Anyway, didn't do any mega shopping today, just average down my LCL...... gonna offload it if it goes above my ABP.....

Haizzz... sad sad.... didn't manage to unload the rest of my stocks...... I think this could be the continuation of the bear market (look at KLCI in Jan 2008, started dropping after 15 Jan)..... I do hope a rally may still happen after this as I want to exit the market in Q1.....

This post has been edited by kmarc: Jan 15 2009, 11:54 AM

Outlook for steel companies : http://bursastreet.blogspot.com/

Overall "Underperform/Sell/Underweight" but Kinsteel was upgraded! Don't think steel counters will go up anytime soon....

Haizzz... so boring to sit at the sidelines.... hopefully some action this week.....

That's why I'm at the sidelines. However, my noob feeling is that the market will rally somewhat due to Obama's inauguration and the stimulus package..... hope to unload my stocks if there is a rally.... if not, probably gonna get stuck with them......

Market braces for inauguration and earnings : http://inveztrade.blogspot.com/
Week ahead : Obama rally or earnings distress? : http://www.cnbc.com/id/28706073

This post has been edited by kmarc: Jan 18 2009, 10:56 PM

Not too sure. It could be because of the news of middle-east exposure in certain construction companies, especially after the "WCT cancellation" problem. Looks like I have to average down again these few days......

Possibly some good news for palm oil companies : http://www.btimes.com.my/Current_News/BTIM...icle/index_html

Wow! Market so red..... dunno whether want to do some CNY shopping or not.....

The drop happened one day after a research house (can't remember which one), downgraded it.... IIRC, from a "buy" to "hold"..... Prior to that, it was holding quite well at 0.70-0.72....

This post has been edited by kmarc: Jan 20 2009, 02:00 PM

I vote for you lah.... make sure you get the stock up to RM3.00 which is enough for me....

Thinking of averaging down again today.....

Last time I saw somebody Q Zelan with 20,000 lots.... disappeared just before trading starts....

Yeah, in a way it is good that the price comes down so that we can buy some more.... just that my ABP is 0.755....

Come to think about it, since JP morgan just sold a huge amount, the price will probably stabilize these few days.... I guess there's no hurry to average down, unless the market rallies!

Dunno leh..... I'm sure he's around... just a bit shy shy....

Bank Negara may cut rates tomorrow : http://www.btimes.com.my/Current_News/BTIM...icle/index_html

This post has been edited by kmarc: Jan 20 2009, 02:42 PM

Oopss.... my goreng stock KNM all matched at 0.425...... dunno want to be happy or sad....

Just don't want to miss the boat IF a rally does occur.....

Everybody is anticipating Obama's inauguration and what he is going to do. So far, looks like he's doing everything right. Even though most people say the market has already priced in the "Obama factor", I think the market will rally somewhat....... my noob -0.02 cents....

It will probably drop to that level.....

This post has been edited by kmarc: Jan 20 2009, 03:07 PM

Another rally? What do you mean by saying that KLCI should not behave like that till february? If you look at 2008, the market started to drop after 15th Jan 2008.

I already sapu some counters today.... Too bad didn't manage to sapu KINSTEL....

I sapu-ed KNM and LCL. Didn't manage to get more of KINSTEL and RESORT.

BTW, my LCL shares today was acquired from [JPMORGAN].... looks like they are dumping more....

This post has been edited by kmarc: Jan 20 2009, 09:49 PM

Hey, same same here. I Q at 41 cents too...... Tomorrow planning to Q at 40 cents as it is on a downward trend....