9 DEC 2011

Market not good,but we gonna make money from it. [You must be registered and logged in to see this image.]

W wrote:Market not good,but we gonna make money from it.

Good morning, good morning, to Sifu Max, W and every one
Be careful and fast

Stocks to watch: S P Setia, Kencana, Boustead, Benalec

KUALA LUMPUR (Dec 9): The FBM KLCI could trade in a tight range on Friday, as the focus turns on the economic data from China over the next two days as well as the crucial summit of European policymakers.

Global markets, however, could edge upwards as the European Central Bank cut interest rates by a quarter of a point on Thursday to counter the twin threats of recession and deflation in the euro zone.

The ECB is also expected to unveil fresh measures to help banks hurt by the bloc's debt crisis, according to Reuters.

At Bursa Malaysia, the market could be given a boost from the slew of fresh corporate announcements.

Among the stocks are S P Setia Bhd, KENCANA PETROLEUM BHD [], BOUSTEAD HOLDINGS BHD [], Benalec Holdings, Bumi Armada Bhd and MELEWAR INDUSTRIAL GROUP BHD [].

S P Setia Bhd set a set a new full-year sales record in FY 2011 of RM3.29 billion, or a 42% increase from the previous record of RM2.31 billion set in FY 2010. The company has also set a target to achieve total new sales of RM4 billion in FY 2012.

For the financial year ended Oct 31, S P Setia’s net profit rose 30.2% to RM327.97 million from RM251.81 million, on the back of an increase in revenue to RM2.23 billion from RM1.75 billion in 2010.

However, the offer price cap set by Permodalan Nasional Bhd (PNB) in its takeover bid could restrain any upside. PNB offered RM3.90 per share and 91 sen per warrant.

Kencana’s unit, Kencana HL Sdn Bhd, secured a RM1 billion contract from Bechtel International Inc to fabricate and assemble a liquefied natural gas (LNG) processing plant in Australia.

The contract includes fabrication to loading of process equipment modules for Wheatstone Project LNG plant at Ashburton North, Western Australia.

Boustead subsidiary, Boustead Naval Shipyard Sdn Bhd secured a RM62 million job from the government to supply spare parts, maintenance, integrated logistic support and training for the 17th patrol vessel squadron of the Malaysian navy.

Benalec inked a MoU with Singapore-based Rotary Engineering Ltd to jointly develop an independent deepwater storage terminal for oil products in Tanjung Piai, Johor. The MoU would enable it to become a strategic business partner with Rotary in the equity ownership and development of the terminal in Tanjung Piai.

Bumi Armada's subsidiary Armada TGT Ltd has inked a US$341.1 million (RM 1.08 billion) loan with seven financial institutions to fund the conversion and installation of the FPSO Armada TGT 1 to be used in the Te Giac Tran Field, offshore Vietnam.

Its chief financial officer Shaharul Rezza Hassan said the facility was for seven years and represented about 80% of its capex value.

Meanwhile, Melewar’s unit Melewar Integrated Engineering Sdn Bhd (MIE) has inked an MoU with KAZMY Steel Company wherein MIE would be the contractor to design and build the MycroSmelt plant in Almaty, Kazakhstan.

W wrote:Market not good,but we gonna make money from it. [You must be registered and logged in to see this image.]

play like pondan [You must be registered and logged in to see this image.] take phoenix reduce buying to 100lots? [You must be registered and logged in to see this image.]

phoenix wrote:

W wrote:Market not good,but we gonna make money from it. [You must be registered and logged in to see this image.]

play like pondan [You must be registered and logged in to see this image.] take phoenix reduce buying to 100lots? [You must be registered and logged in to see this image.]

if proton bb drop 2-3ct 100lots oso 300 losses leh [You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

hope we all end the day like this lor....bt acc number increase nia...no solid cash leh [You must be registered and logged in to see this image.]

good morning

Good morning Max sifu and comrades ... today i woke up on time [You must be registered and logged in to see this image.]

WinningHeart wrote:Good morning Max sifu and comrades ... today i woke up on time [You must be registered and logged in to see this image.]

early bird catch the worm

hvnt t3.

sun wrote:

WinningHeart wrote:Good morning Max sifu and comrades ... today i woke up on time [You must be registered and logged in to see this image.]

early bird catch the worm [You must be registered and logged in to see this image.]

early worm caught by the bird [You must be registered and logged in to see this image.]

So often times it happens that we live our lives in chains
And we never even know we have the key.

W wrote:hvnt t3. [You must be registered and logged in to see this image.]

Can't call to increase ur limits temporarily? [You must be registered and logged in to see this image.]

missing sis chandra's positive quotes very much, it is irreplaceable

WinningHeart wrote:

W wrote:hvnt t3. [You must be registered and logged in to see this image.]

Can't call to increase ur limits temporarily? [You must be registered and logged in to see this image.]

they said cannot ...haiz..

W wrote:

WinningHeart wrote:

W wrote:hvnt t3. [You must be registered and logged in to see this image.]

Can't call to increase ur limits temporarily? [You must be registered and logged in to see this image.]

they said cannot ...haiz..

you didn't scold them?

WinningHeart wrote:

sun wrote:

WinningHeart wrote:Good morning Max sifu and comrades ... today i woke up on time [You must be registered and logged in to see this image.]

early bird catch the worm [You must be registered and logged in to see this image.]

early worm caught by the bird [You must be registered and logged in to see this image.]

W wrote:

WinningHeart wrote:

W wrote:hvnt t3. [You must be registered and logged in to see this image.]

Can't call to increase ur limits temporarily? [You must be registered and logged in to see this image.]

they said cannot ...haiz.. [You must be registered and logged in to see this image.]

This ECM dunno how to please customer one ... only follow dead rules [You must be registered and logged in to see this image.]

WinningHeart wrote:

W wrote:

WinningHeart wrote:

W wrote:hvnt t3. [You must be registered and logged in to see this image.]

Can't call to increase ur limits temporarily? [You must be registered and logged in to see this image.]

they said cannot ...haiz.. [You must be registered and logged in to see this image.]

This ECM dunno how to please customer one ... only follow dead rules [You must be registered and logged in to see this image.]

because cheap ma, osk although expensive but service good a bit, got leng nui some more

yalo..ecm damn lousy..haiz...they just obey to the rule only..

but i cant afford expensive borkerage

watch air cn

MORNING ALL

good morning..