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 Stock market V23, New PM in the house

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SKY 1809
post Apr 10 2009, 08:17 PM

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QUOTE(panasonic88 @ Apr 10 2009, 04:27 PM)
market vol above 1b now, fuiyo  rclxms.gif
*
Feel good factor . good for everyone.

Market could be due for some corrections, watch out.

What is your signature all about. Feng Sui ? or

Money laundering again ?


Added on April 10, 2009, 8:23 pm
QUOTE(mouldybread @ Apr 10 2009, 04:52 PM)
when will this mini bull run end?
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Anytime when the music stops playing biggrin.gif

This post has been edited by SKY 1809: Apr 10 2009, 08:23 PM
SKY 1809
post Apr 11 2009, 01:38 PM

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Aixiata

Employees Provident Fund Board ("EPF Board"), Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur

Details of changes
Type of transaction

Date of change

No of securities

Price Transacted (RM)
Acquired

19/03/2009

500,000

Acquired

03/04/2009

3,000,000

Acquired

06/04/2009

600,000

Acquired

30/03/2009

2,000,000

Acquired

31/03/2009

659,400

Acquired

01/04/2009

1,000,000

Acquired

02/04/2009

500,000

Circumstances
by reason of which change has occurred

:

Acquisition of 500,000, 3,600,000 and 4,159,400 shares by Credit Agricole Asset Management (Malaysia) Sdn Bhd, Nomura Asset Management (Malaysia) Sdn Bhd and PHEIM Asset Management Sdn Bhd respectively
Nature of
interest

Indirect
Direct (units)
:
533,716,025
Direct (%)
:
14.22
Indirect/deemed interest (units)

:
83,608,200
Indirect/deemed interest (%)

:
2.23
Total no of securities after change

:
617,324,225
Date of notice
:
06/04/2009

Remarks
1) The number of shares directly managed by EPF Board are 533,716,025 whilst the balance of 83,608,200 are managed by the following Portfolio Managers:
a) Alliance Investment Management Sdn Bhd - 2,066,500
b) AmanahRaya JMF Asset Management Sdn Bhd - 260,000
c) AmInvestment Management Sdn Bhd - 6,433,000
d) BNP Paribas Asset Management (M) Sdn Bhd - 348,600
e) CIMB-Principal Asset Management Bhd - 15,756,500
f) Credit Agricole Asset Management (Malaysia) Sdn Bhd - 1,557,000
g) Hwang DBS Investment Management Bhd - 1,031,100
h) Mayban Investment Management Sdn Bhd - 3,505,800
i) Nomura Asset Management (Malaysia) Sdn Bhd - 37,841,700
j) PHEIM Asset Management Sdn Bhd -11,208,000
k) RHB Investment Management Sdn Bhd - 3,600,000

2) Form 29B was received on 10 April 2009.

This post has been edited by SKY 1809: Apr 11 2009, 06:15 PM
SKY 1809
post Apr 11 2009, 08:21 PM

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QUOTE(thkhong @ Apr 11 2009, 05:19 PM)
Pardon me, are u talking of Axiata ? hve to wait for ord. share to regularise before going in. Oso had an eye for it. Tried to q at 1.84 . Now better wait, as I sense there may a drop on Mon . Just my feelings after looking at the movements on Friday. Not that convinvcing in my mind for push. Will save some bullets just in case...
*
Those info are not for you to play contra biggrin.gif

Just to point out that EPF & PNB go all out to support this counter, could be a reason for it. Maybe they are just the major shareholders controlling 68% biggrin.gif

Not suggesting anyone to buy.

Short term is very volatile with more share dilution on the way.

Always the problems of short Vs Long term , that blinds our vision. Celcom alone is worth rm 19 billions hmm.gif


Added on April 11, 2009, 8:37 pm
QUOTE(simplesmile @ Apr 11 2009, 07:23 PM)
Oh boy, I thought I was going to become a millionaire with COMMERZ-CF. Check out my blog.
*
You have good writings at your blog. rclxms.gif

Keep up the good work.

This post has been edited by SKY 1809: Apr 11 2009, 09:52 PM
SKY 1809
post Apr 11 2009, 11:29 PM

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QUOTE(whizzer @ Apr 11 2009, 11:17 PM)
Celcom alone is holding up the share price ? That was my thinking when I bought this TMI share @RM4 last year before it plunged.  Its one of my mistakes that I am still holding  doh.gif

Luckily i bought more of TM share @RM2.61 (i.e. during their first time announce lost & their dividend policy was in question)   nod.gif

However, I am tempted to review the situation of AXIATA post-rights. Fishing price @1.83/1.84 .

Also kudos to the blog too. I have similar goals as the author, however, maybe more modest  thumbup.gif
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Which counters that you bought last year did not fall ? When CI was about 1300 to 1500.

If KLK fell from RM 15 last year to let say RM 7 this year, it does not mean it is no good for new investors to buy. biggrin.gif
Just your investment is no good, temp, or commodity price was dropping ?

One thing, TMI had created quite a bad image of themselves, that gave to a lot of doubts to the investors. Overseas investments performance are below expectation for example. Indo Currency was bad, now getting better. RM 21 billions mkt cap lost after the demerger.

Share investing is about future, also it does not mean it is going to be better than DIGI for sure.

Just aim for a 20% return only. My way of investing, though my broker set a T/P of RM 2.50 longer term.

What is your objective ?

This post has been edited by SKY 1809: Apr 12 2009, 12:07 AM
SKY 1809
post Apr 11 2009, 11:54 PM

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QUOTE(whizzer @ Apr 11 2009, 11:49 PM)
Agree on the bad image, though, was it so bad that they had to change their name ?  laugh.gif

My objective ? Mostly for long term play, however, if there's opportunity to exit with reasonable gains (10% or more), I will consider except for counters that I have like TM & AXREIT. Still new in all of this, I m not staking my life savings or anything. smile.gif
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If they could change to capable management, it is even better. KPI does not mean anything to me. Some said it is just mere rebranding.

CIMB is closing 60 branches, that is the reality of life. USA was deemed " land of the rich", now mostly poor.

Since we are in Malaysia, we have to believe " Malaysia Boleh" , that is.

This post has been edited by SKY 1809: Apr 12 2009, 12:12 AM
SKY 1809
post Apr 12 2009, 12:10 AM

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QUOTE(nofear0720 @ Apr 12 2009, 12:08 AM)
How do you get the trade detail information? I try to check my online trading from PB, i can't find the similar thing tongue.gif
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From Bursa.

http://www.klse.com.my/website/bm/listed_c...lding/index.jsp
SKY 1809
post Apr 12 2009, 10:01 AM

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QUOTE(alooth @ Apr 12 2009, 09:46 AM)
calling gurus & experts,

need advice/comment on SAAG(9652) & TWSCORP(4804).

Thank you in advance.
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TWSCorp. I bought some at about 34sen and sold at 41sen. Waiting to buy back at lower price.

The company is still making good profit ( do not know the coming Q ).

NTA is very high at RM 1.85. Political linked counter.

SAAG, sorry no info.

SKY 1809
post Apr 12 2009, 03:29 PM

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QUOTE(thkhong @ Apr 12 2009, 02:48 PM)
If I were you I will not touch BJCORP. Remember in early days, VTan told us to buy BJCORP. Al went in like mad then suddenly price drop until cannot see where. After that experience I dont touch VTan counter. Look at StemLife up and now where it is.

He is a businessman and he is trickier than us who try to outsmart and out think him. I am afraid most of us are not in his level.

Cheers. Just my word of caution.
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Kind of agree.

When you buy shares, know who is behind the scene.

Whether they are able to support the counters constantly.

Many would just push the counters and say bye bye to you.

Then you have to wait for another, maybe 3 years.

They do not even want to you some small dividends.

This post has been edited by SKY 1809: Apr 12 2009, 03:30 PM
SKY 1809
post Apr 12 2009, 08:31 PM

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QUOTE(kmarc @ Apr 12 2009, 07:59 PM)
According to info from "The Edge", KLCI is likely to scale momentarily higher before pausing to catch a breather in consolidating its recent gains. KLCI's overhead resistance is now revised to the 950-985 levels while its downside support is at 900-905.

It also addressed the hot topic about whether this is the start of a bull run or a bear trap. No conclusion as experts have different views. Guess we just have to wait for further upcoming data this week......

Hence the dilemma of whether to hold a bit longer or sell this week....  hmm.gif
*
Strangely that no more analysts are predicting market would hit 700 pts and below, unlike in Jan or March this year. biggrin.gif

have you heard anything so far this week ?





SKY 1809
post Apr 12 2009, 09:40 PM

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QUOTE(kmarc @ Apr 12 2009, 08:42 PM)
I guess it is due to improve sentiments and "encouraging" data that came out recently.

Here's what "The Edge" say about this:
shocking.gif

Although the above fact has become unlikely (with all the stimulus packages flying around), I guess nobody knows. I think the next few week's data would be crucial in determining this......
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If 90% of the investors believe it is unlikely, then it may become unlikely.

If majority just wait and see, and do not want to buy anything, then it is likely.


Just my confused version. Fear vs Hope biggrin.gif

This post has been edited by SKY 1809: Apr 12 2009, 09:40 PM
SKY 1809
post Apr 12 2009, 10:49 PM

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QUOTE(kmarc @ Apr 12 2009, 10:34 PM)
I guess it would still depend on upcoming data. US data may show stabilization or improvement but I think our local data would still show deterioration? Anyway, my 0.2 cents only.....
If I had caught Gamuda at RM1.00+ (probably less than RM1.50?), I would probably hold it for long-term. The reason is because I don't think we can ever get that price range again.....

Anyway, @viper88, anything to goreng this week?  drool.gif
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Well, it depends the degree of transparency you have.

If you say GDP is growing by 0.1% for example, most people would think it is negative.

In the West or Singapore where there is a greater transparency. Even though your coming Q result may not be good, but you have reasons to foresee better future results, investors may see a chance to buy your co's shares if traded with big discounts.

So how you " see it " is as important.

This post has been edited by SKY 1809: Apr 12 2009, 10:51 PM
SKY 1809
post Apr 13 2009, 09:34 AM

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I think PNB is busy supporting Maybank , in the case of Axiata, temp it is on willing buy and willing sell basis.

Short term it could go either way, but mostly down.

This post has been edited by SKY 1809: Apr 13 2009, 09:34 AM
SKY 1809
post Apr 13 2009, 09:38 AM

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QUOTE(panasonic88 @ Apr 13 2009, 09:35 AM)
and you aint worry? still holding Axiata rite?
*
Medium term investment.

Tuned my mindset to accept for the down, the defeat biggrin.gif

My second round of buying Axiata.

Who knows it could be like Genting later on, just joking.

This post has been edited by SKY 1809: Apr 13 2009, 09:40 AM
SKY 1809
post Apr 13 2009, 10:13 AM

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QUOTE(ABC2020 @ Apr 13 2009, 10:10 AM)
no way for mulpha to stay at 30 ++ sen. all counter already up so much.... mulpha, when are u going to hit 60 sen????
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I think Mulpha is still trying to absorb the " selling pressure"

After that it might move up . I only aim for 38sen biggrin.gif

Correct me if I am wrong.

This post has been edited by SKY 1809: Apr 13 2009, 10:14 AM
SKY 1809
post Apr 13 2009, 10:40 AM

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Mulpha could be a proxy of Australia Economy.

Lost money bcos of heavy involvements in Aust properties.

Touched low of 28sen.

Trade at your own risk. NTA is about rm 1.50.


Added on April 13, 2009, 10:42 am
QUOTE(sharesa @ Apr 13 2009, 10:37 AM)
thank you, I mabuk already-lah sweat.gif
*
Bcos of Sacpres biggrin.gif

This post has been edited by SKY 1809: Apr 13 2009, 10:42 AM
SKY 1809
post Apr 13 2009, 10:46 AM

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QUOTE(sharesa @ Apr 13 2009, 10:44 AM)
Sky,
I remembered you bought some Sapcres. Are you still holding them?
*
Sold at a loss notworthy.gif

I think that time i was mabuk.

This post has been edited by SKY 1809: Apr 13 2009, 10:47 AM
SKY 1809
post Apr 13 2009, 11:02 AM

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QUOTE(ABC2020 @ Apr 13 2009, 10:56 AM)
around 48K.... shai lan in this counter, remaining 20k for everage down. mulpha is one of the property giant in australia... weak of the australia currency, tumble of properties price, weak earning of the hotel and resort in australia, poor investment performance in FKP has cause its financial report so red. Well, i dont think it going to bankrupt.
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Thank you. I did not know you have so much info.

By the way, this is my second play, only 10,000 shares show hand. biggrin.gif
SKY 1809
post Apr 13 2009, 11:08 AM

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QUOTE(panasonic88 @ Apr 13 2009, 11:03 AM)
on Mulpha?  hmm.gif
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The chart looks attractive, mah.

I think the big sharks are collecting low, sell high.

This post has been edited by SKY 1809: Apr 13 2009, 11:10 AM
SKY 1809
post Apr 13 2009, 11:23 AM

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QUOTE(panasonic88 @ Apr 13 2009, 11:18 AM)
i am giving second thoughts on counter that doesnt give dividends.

well just in case, accidentally become long term investor, atleast we have a consolation (dividends)

mulpha should be meant for goreng, not for long term, imo.
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Well. thank you for your advice.

I try to balance my portfolio.

Allocate about 20% for play play. Otherwise, quite boring, nothing to watch.

The bulk for the medium term.

By the way, I collected some second hand sold down stocks such as IOI, TM, KNM and TWS Corp. Sold oledi.

This post has been edited by SKY 1809: Apr 13 2009, 11:25 AM
SKY 1809
post Apr 13 2009, 11:31 AM

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QUOTE(panasonic88 @ Apr 13 2009, 11:28 AM)
ya, looks yummy, past trend was - drop one day, the next day sure go up.  drool.gif

but i got no guts.
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Genting is certainly a Goreng Stock, bad for weak hearted people like me.

Buy High sell low hmm.gif

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