13th Dec 2013 - BC Daily Trading Floor

13th Dec 2013 - BC Daily Trading Floor

Good day traders

Dec 13th - Stocks To Watch SP Setia, Mitrajaya, TA Ent, TA Global, construction, Westports, UMW O&G…
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Wow .. construction/property counter back in action? :P

bimb wa shd b very interesting tmrw  

phoenix777 wrote:bimb wa shd b very interesting tmrw  

oh ya ... y limit up ar?     

WinningHeart wrote:

phoenix777 wrote:bimb wa shd b very interesting tmrw  

oh ya ... y limit up ar?     

fresh from the oven WW

Good morning everyone. I believe today will be a great day for trading and to take profit from brusa.

gsrajan wrote:Good morning everyone.  I believe today will be a great day for trading and to take profit from brusa.

morning   

Good morning Pak Cals and comrades    

Cals wrote:

WinningHeart wrote:

phoenix777 wrote:bimb wa shd b very interesting tmrw  

oh ya ... y limit up ar?     

fresh from the oven WW

    

WinningHeart wrote:Good morning Pak Cals and comrades    

Morning Pak Bern!   

MRCB - hope the mother will move upward.
Bought warrant @ 0.06

MRCB - hope the mother will move upward.
Bought warrant @ 0.06.

gsrajan wrote:MRCB - hope the mother will move upward.
Bought warrant @ 0.06.

Hi Rajan ... which warrant u bought? the MRCB warrant bb seem very high premium oo   

+1 for sifu ness advise for a senior   

I bought MRCB-CS   

selamat pagi, all pak traders

leecs1978 wrote:selamat pagi, all pak traders

pagi uncle lee

gsrajan wrote:I bought MRCB-CS   

Hi Rajan, I think warrant with lesser premium (with negative premium even more better) tend to be more sensitive to mother share price movement ...

Mother share price have to go up a lot in order to move up high premium (with exception of braveheart goreng kaki comes in to goreng it)

And from TA chart, MRCB seems suffering down trend now ... but I could be wrong
Maybe you can ask Pak Cals for word of advise      

bimb-wa might be somewhat fair priced in jor

drb not looking any good other than some overcooked meat on a hot stove

Cals wrote:drb not looking any good other than some overcooked meat on a hot stove

has Peanut finished the meal and walk out?     

WinningHeart wrote:

Cals wrote:drb not looking any good other than some overcooked meat on a hot stove

has Peanut finished the meal and walk out?     

But in market anything can happen as Max Sifu always said ... buy sell decision change in seconds      

MRCB 1651

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might need some time to wake up

WinningHeart wrote:

WinningHeart wrote:

Cals wrote:drb not looking any good other than some overcooked meat on a hot stove

has Peanut finished the meal and walk out?     

But in market anything can happen as Max Sifu always said ... buy sell decision change in seconds      

maybe got one last squirt   

Market Open KLCI extends loss as regional markets remain jittery on Fed taper worries
Business & Markets 2013
Written by Surin Murugiah of theedgemalaysia.com
Friday, 13 December 2013 09:12

KUALA LUMPUR (Dec 13): The FBM KLCI extended its loss in early trade on Friday in line with jittery regional markets.

At 9.05am, the FBM KLCI fell 2.40 points to 1,831.47, weighed by profit taking at select blue chips.

Gainers led losers by 81 to 74, while 119 counters traded unchanged. Volume was 36.64 million shares valued at RM29.2 million.

The top losers included BAT, HLFG, MAHB, Malaysia Smelting Corp, RHB Capital, Maybank, Dayang, Petronas Chemicals and Faber.

Hwang DBS Vickers Research in a market preview said Dec 13 the local market mat fall silent on Friday as investors are a little scared of the bears looming in the stock market.

Essentially, Malaysian equities could remain under profit-taking pressures with the benchmark FBM KLCI probably retreating towards the support line of 1,825 ahead, it said.

“Sentiment may also be haunted by the continued weakness on Wall Street. Overnight, key US barometers slid between 0.1% and 0.7% at the closing bell as improving US economic data has raised expectations that the Federal Reserve might start its tapering process as soon as next week.

“Hoping to buck the weak market pattern today are stocks like: (a) Protasco, which plans to undertake a proposed private placement of up to 50 million shares together with up to 100 million new detachable warrants on the basis of 2 warrants for every 1 placement share as well as a bonus issue of up to 33.5 million free warrants on the basis of 1 warrant for every 10 existing Protasco shares held; and (b) Mitrajaya Sdn Bhd, following the award of a government building construction contract in Putrajaya valued at RM428 million,” it said.

Elsewhere, Asian markets were jittery on Friday as investors fret over the outlook for U.S. policy stimulus, though Japanese stocks drew some comfort from a reversal in the yen which slid to a seven-month trough on the dollar, according to Reuters.

Any drop in the yen tends to be viewed as a positive for Japanese exports and corporate profits, and thus for the stock market. The Nikkei responded by edging up 0.3 percent, following three straight sessions of losses, it said.