You need to open eye starting tmr if you plan to buy at lower price.

DJIA looks great: 7,563.00 +83.00

Crude up too: USD 49.48 +1.07

Good to hear that!

OSK research already out earlier..i din post here only..
OSK gives neutral target for TMI support at 2.20 -2.30 TP at 2.5.
I hesitate to buy few times yesterday coz US futures so red and alot seller throw TMI price till close at 2.21. This morning wanted to buy after see CI abit green but didn't get
When it drop back around 2.23.. i tot of chg my buy price but i didn't.. den at 2.25 after lunch time oso i din dare to grab yet... .. suddenly it blast off to 2.30 and close around 2.26...
This TMI alot big shark playin, price swing fast .. my remiser told me if bfr ex price try buy close to 2.20 price and sell if can make some profit bfr ex date.
After ex day, buy at the starting price and sell when can make profit also. This TMI must play in and out, in and out fast...

I bought some Lionind at 0.615 today..., still holding Kencana at 1.173 hopefully can make some profit 2molo.
You bought any stocks recently?

DJIA starts green: 7,577.45 +55.43 +0.74%

But seems like losing stream.

Ok, let me get this correct:

TMI ex-date : 8 April 2009
Goreng before ex-date, try to get close to 2.20
Don't hold around ex-date as you're gonna have some hassle on the rights issue right? (That means, shouldn't hold TMI shares on 8 April?)
Buy after ex-date for a potential rally.... that means on the 9 April 2009?
We're talking about TMI shares ONLY right? Nothing related to buying the rights issue right?
Play in out in out fasst fast... hmmm... sounds interesting...

Didn't buy anything recently.... just sold off ZELAN and GAMUDA last week for some peanuts.... LIONIND I'm holding at 0.665.....

This post has been edited by kmarc: Mar 31 2009, 10:18 PM

Gaining now, +1.34% so far.

So far so good. But we can't predict KLSE eventhough DJ is green!

I think most economic indicator is our February external trade data which will be released on April 3rd. If it's real bad then we can go shopping next week.

Ya.. buy and sell before next week wednesday 8/4/09.
On 8/4/09 TMI will be trading as ex.. so sell before 8.. meaning 7/4/09 is the last trading day before it will get ex...
If can sell earlier den sell.. dun wait till too close ex-date coz maybe there will be alot selling pressure.
Like Maybank.. the share plunge to 3.90+/- before ex date... and rise up all the way to 4.60.. when near to ex date.. drop back to about 4.20 +/-. After ex. price start around 3.7 rise to 3.88 before settle close at 3.86.

Sam blog also recommend to buy TMI below 2.30 for trading rights play.
I feel TMI have about the same pattern like Maybank tats why i jump in 2X previously and make some profit. I feel TMI can reach 2.45+/- when near to ex-date.
Its right issue 1.12.. if managed to can buy below 2.25 i feel quite good coz if after 50% off is 1.125 like the right issue price. If manage to buy then can sell around 2.30-2.40 ++
before ex date. After ex which is on 8 April 09 , grab at 1.12 ++ maybe can sell around 1.20 +/-......

Damn.. why i didn't grab today... argghhh Scared TMI will break the 2.22 price due to foreigner selling....
I feel its quite hard coz of the right issue is only 1.12 and if TMI price go below 2.20 before ex-date.. they cant get more money for the right issues.

Tomorrow sure hard to buy TMI .... maybe have to wait for it drop abit or after ex den try grab some.

Those interest, pls set ur own trading plan.


This post has been edited by viper88: Mar 31 2009, 11:57 PM

dj green, ci will be red.

Dow very green now, touching 7.7k.

I see. Thx for the detailed info.

Will only be free tomorrow to goreng. Hope can do some gorenging this week.

One question regarding Maybank. Can we buy now at 3.86 ? What will be the future for this counter ?

DJI performance last night has been minimised by huge selling during final hour of trading.
Been tumbled almost 100points++ from yesterday peak.
April will be another month of 1st quarterly results season. So beware..
I think DOW will start consolidating, trying to form bottom support from level 7K.

DJIA closed high: 7,608.92 +86.90 +1.16%

Just to share this for those who are planning to tambah MBB shares
Happy trading ....


DJ MARKET TALK: Maybank +3.8% Trading Ex-Rights; May Slip Later - 2009-03-31 03:37:00.0

0337 GMT [Dow Jones] Maybank (1155.KU) +3.8% at MYR3.80 in heavy volume, trading ex-rights for proposed 9-for-20 rights issue priced at MYR2.74 each. Dealers say stock rebounding after yesterday's 6% fall. "Selling pressure was quite heavy yesterday, ahead of the ex-rights date but this bounce may only be temporary. Maybank is looking expensive at this level," says dealer. Affin Investment Bank's analyst Rachel Huang retains Sell rating with MYR3.0 fair value target based on 0.8X P/BV on calendarized ROE of 9.7% 2010, cost of equity of 12.0% and long-term growth rate of 1.0%. "Should we include MYR2.0 billion impairment loss (from investments in Pakistan and Indonesia), we are looking at additional downgrade to ROE by 3.1 percentage points for FY09, EPS downgrade of 34.5% FY09, book value coming off by 2.8% FY09, and another 70 sen downgrade to our target price," she adds. (VGB)

Ok.. i recv news IJM TP up to 5.08 by CS.
Zelan might move up if IJM goes up..

DJ MARKET TALK: Credit Suisse Raises IJM Corp Target To MYR5.08

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0038 GMT [Dow Jones] STOCK CALL: Credit Suisse maintains IJM Corporation (3336.KU) at Outperform, raises target price to MYR5.08 from MYR4.95 after revising up FY10-11 net profit estimates; says this to factor in higher construction orderflow assumptions. Notes management confident of clinching at least another MYR1.2 billion new construction orders in coming months. Broker tips group's new job inflow in 2009 likely to be more than MYR2.4 billion, surpass management's earlier target of MYR1-2 billion. Adds, "management plans to divest interests in its Indian toll road concessions," to enhance ROE, trim net gearing. Says new target price implies 25% upside potential; shares last closed +3% at MYR4.18. (PVA)


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Added on April 1, 2009, 8:52 amMaybank pre opening price shoot up again.. lotsa aggressive buyer.. . now 3.92 ady..

This post has been edited by viper88: Apr 1 2009, 08:56 AM

Same opinion as me. But my target price is RM3.50!!! Maybe I should revised down to RM3.00

same .. was hoping to get some when ot reach 3.5 .. thinking of revising it to 3 as well

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Added on April 1, 2009, 9:06 amtoday another boring day ya

This post has been edited by mo_meng: Apr 1 2009, 09:06 AM