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 Stock market V23, New PM in the house

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Freelancer
post Apr 11 2009, 12:09 AM

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QUOTE(ABC2020 @ Apr 11 2009, 12:05 AM)
wait patiently is only what we can do. What price u go in for axiata, really mad with this funny name.
*
2 days back @ 1.890. dry.gif
kb2005
post Apr 11 2009, 12:12 AM

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QUOTE(Freelancer @ Apr 10 2009, 11:44 PM)
Ya.. tell me about luck. I bought Axiata.. sheesh..  dry.gif
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How much you bought it ?
Freelancer
post Apr 11 2009, 12:13 AM

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QUOTE(kb2005 @ Apr 11 2009, 12:12 AM)
How much you bought it ?
*
Hmm.. 15,000 units. dry.gif
simplesmile
post Apr 11 2009, 01:15 AM

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In the screenshot below, can anyone explain to me what is "Upper Limit Price" and "Lower Limit Price"?
Is this the price that will trigger suspension of the counter? Thank you.
elhh82
post Apr 11 2009, 01:31 AM

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you got it right.
simplesmile
post Apr 11 2009, 08:57 AM

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Anybody knows when GM's due to file bankruptcy? I think I'll be staying on the sidelines until then.
sampool
post Apr 11 2009, 10:41 AM

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QUOTE(simplesmile @ Apr 11 2009, 09:57 AM)
Anybody knows when GM's due to file bankruptcy? I think I'll be staying on the sidelines until then.
*
some where around end of may or early june. tongue.gif

note: 2 months given to gm by obama. sweat.gif
viper88
post Apr 11 2009, 11:05 AM

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You are paying premium for the ex-right Axiate shares which is suppose to be only 1.79.
I oso wanted to buy earlier when ex but its price shoot up 1.93+/-.. kinda expensive so din buy.

Yesterday drop to 1.82/1.83 quite attractive, i oso qued buy at 1.83 but some big buyer start buying and push up its price to 1.89.
15 April Axiata will resume back normal trading.. not sure it will be like Maybank last day before resume price plunge or not. sweat.gif
This counter have big ppl playing.. for long term maybe ok.. short term better grab at low price for safe play.


QUOTE(Freelancer @ Apr 11 2009, 12:09 AM)
2 days back @ 1.890.  dry.gif
*
Freelancer
post Apr 11 2009, 11:07 AM

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Hmm.. Maybank Investment also said KLCI rally may last another 2 months. hmm.gif


Added on April 11, 2009, 11:11 am
QUOTE(viper88 @ Apr 11 2009, 11:05 AM)
You are paying premium for the ex-right Axiate shares which is suppose to be only 1.79.
I oso wanted to buy earlier when ex but its price shoot up 1.93+/-.. kinda expensive so din buy.

Yesterday drop to 1.82/1.83 quite attractive, i oso qued buy at 1.83 but some big buyer start buying and push up its price to 1.89. 
15 April Axiata will resume back normal trading.. not sure it will be like Maybank last day before resume price plunge or not.  sweat.gif
This counter have big ppl playing.. for long term maybe ok.. short term better grab at low price for safe play.
*
I'll monitor this counter closely.

It may be long or short term depending on the duration to the exit opportunity.

This post has been edited by Freelancer: Apr 11 2009, 11:11 AM
viper88
post Apr 11 2009, 11:20 AM

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Nice.
Theres support from big buyer yesterday .. maybe can break ur buy price and can get profit next week..

QUOTE(Freelancer @ Apr 11 2009, 12:13 AM)
Hmm.. 15,000 units.  dry.gif
*
Freelancer
post Apr 11 2009, 11:22 AM

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QUOTE(viper88 @ Apr 11 2009, 11:20 AM)
Nice.
Theres support from big buyer yesterday .. maybe can break ur buy price and can get profit next week..
*
Thanks. Lets hope so. biggrin.gif

Junior83
post Apr 11 2009, 11:57 AM

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Ted Spread 1.1262 +0.17 from 0.94 last week, rally might continue in US next monday hmm.gif
AdamG1981
post Apr 11 2009, 01:02 PM

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June CPO hit a high of 2305. And this will likely to continue. KLCI might hit 970 if plantation counters keep on rallying in anticipation of the meltdown of the usd and hyperinflation; and not to forget China has been importing copper at the record rate.


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
cherroy
post Apr 11 2009, 03:22 PM

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QUOTE(simplesmile @ Apr 10 2009, 11:41 PM)
Why is the P/E Of PBB = 7.6 while the P/E of BCB = 13
Is PBB cheaper compared to BCB?
Is BCB overvalued because of the Najib factor? People rushing to buy this stock without comparing with other banking stocks?
*
I don't know where you get the data, but one advise:
Do not relied on newspaper published PE, dividend yield or NTA or whatever data. They are slow to update, by then they updated, it could be months time already.
Also they are always wrong (because of slow to update) on the 52 week high/low especially when there is price adjustment has been going on due to right issue, bonus, split.

PE published generally is based on last year financial result, so it could be non-updated data. One should use lastest Q financial result for comparison. Please don't use last year data, EPS then use today price to conclude the PER which is meaningless especially we would be seeing huge swing/plummeting in EPS this year.



thkhong
post Apr 11 2009, 05:19 PM

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QUOTE(SKY 1809 @ Apr 11 2009, 01:38 PM)
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.
*
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...

omores
post Apr 11 2009, 06:31 PM

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QUOTE(taikin @ Apr 10 2009, 09:46 AM)
IOIcorp lingered aroudn 3.6 for quite long dy... then suddenly goes up everyday..

just like genting... why why
*
Hehhe, I likes. Just sold all my IOICorp at 4.20. Made 9%. I'm happy. Plus all counters are on the up, only KNM in red for me.
simplesmile
post Apr 11 2009, 07:23 PM

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Oh boy, I thought I was going to become a millionaire with COMMERZ-CF. Check out my blog.
kb2005
post Apr 11 2009, 07:49 PM

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QUOTE(Freelancer @ Apr 11 2009, 12:13 AM)
Hmm.. 15,000 units.  dry.gif
*
About 30k you need to spend. biggrin.gif I'm think of getting some as well next week. biggrin.gif
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

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