Hap Seng another one... last minute climb up so much.

You all are better than me..
I bought it in the morning....sigh~

Ic..... thanks for pointing that out..... next time i will not be trapped by those generous capt. repayment & special div anymore without looking at their financial strength <old bird really has vast experience>
btw, is NTA = NAV = book value?

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Added on February 27, 2009, 5:06 pmI think so too..... Banking sector as well

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Added on February 27, 2009, 5:08 pmwill it crash the BTS?

This post has been edited by fergie1100: Feb 27 2009, 05:08 PM

bought nothing today!!!

luckily i had cut loss KNM at 42sen last week.

sometimes really need to know when to stop

toll hike deferred to end of the year....gov flip flop policy again.....

njoy ur weekends!

Why KNM dropped so much to 0.370 at huge volume within the last few minutes?

BJtoto sustainability to pay dividend is around 30+ cents which is based on its profitabity.

It is still a good dividend stock but company actually having not much in the coffer already. But due to its nature of its business highly profitability and constant positive cashflow, its dividend should be able to remain, the most is dropping a bit due to recession.

Almost identical.
In stock, NTA.
In reit, NAV.

KNM tries to test whether BTS can handle those kind of volume

yeah knm .. no eyes c .. no need think also haha .. just hold as toilet paper haha

Ya.. went up back to 0.80 in big volumes den settle at 0.775.
I guess EPF or some big fund manager buying in alot coz Zelan price get bashed up badly today.
Its NTA is about 1.45 Jupiter - 1.37 CIMB

I bought some at 0.76 today.. but very little only..now average price is 0.798.

Any1 sapu at 0.74 just now?

I bought UCHITEC today. Didn't manage to get RESORTS.

Didn't dare to sapu any other stocks either as I think they will be heading further south...... just have to scratch my itchy fingers very hard!!!

u didn't get your WCT @ 1?
I got oh~ haha....
but i'm a peanut player la~

today market seems like in panic mode... luckily i withdraw my 2 of my 3 queues, else it would be all match everywhere~

KLCI deceptively strong : http://www.horizon.my/2009/02/bursa-malays...ptively-strong/

I believe it will have to come down soon......

News on Zelan from Bloomberg

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

ZELAN Bhd, a Malaysian builder, fell to the lowest in more than five years after the company reported a loss in the fiscal third quarter as costs exceeded its budget for contracts in the Middle East.

Shares of the company dropped 3.8 per cent to 76.5 sen at 12:30 pm, set for the lowest since September 23, 2003. It’s also the worst performer on the benchmark Composite Index.

The losses “came in as a massive surprise against both consensus and our” earnings estimates, AmResearch Sdn Bhd said in a report today. “The operating environment remains challenging amid intensifying competition.”

Zelan joins Malaysian contractors such as LCL Corp and WCT Bhd, which suffered losses after their jobs in the Middle East were hurt by rising costs of building materials and delays. They were among a slew of companies which ventured there to tap a building boom before the global recession set in.

Zelan, part of Malaysia’s MMC Corp, reported a loss of RM127.9 million (US$35 million) in the fiscal third quarter ended Dec. 31. Zelan didn’t provide comparative figures as its financial year-end was changed to March 31 from Jan. 31, it said in a statement yesterday.

The Kuala Lumpur-based company, with an order book of RM3.5 billion, is “highly exposed to the Middle East market,” with 62 per cent of its contracts coming from the region, AmResearch said.

The company said it will post a loss in the current financial year because of “the current financial turmoil worldwide and the increased cost of construction materials and other project expenses.” - Bloomberg
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Previoulsy Zelan share price already drop to its lowest support price due to earlier earlier fear of Middle East project cancellation. Now financial report making losses but no project cancel the fear and panic sell is back.







This post has been edited by viper88: Feb 27 2009, 05:56 PM

Maybank 9 for 20 right issue...

I'm not sifoo.
忍even though it may take some times. if u sell u not losing some but a lot. 17 cents is a lot. I also bought some stock at higher price what can i do just wait lor.

I should have sold it when it reach 0.84 last few weeks ago. OMG luckily Zelan goes up again before market close, knm oso hit lowest now drop by 30 cents

whole day busy not monitor bursa if got should buy some zelan me still holding 0.79

If you intend to buy other counters that you think may rise(no guarantee), then you should sell KNM now.
But , if you sell KNM now @ 0.37, then, buy back around 0.33 - 0.37, you will lose out on commission + other charges.
Unless you predict its gonna drop till 0.20, then buy back around that price if you feel it will rise back.
Otherwise, hold on to it.
Juz my opinion.

mind to explain more?