29th Dec 2011

Start new day with new mission....................[You must be registered and logged in to see this image.]



NEW YORK (Reuters) - The S&P 500 erased its gains for the year on Wednesday as Wall Street reversed some of its recent year-end rally, with many investors expressing concern about the outlook for early 2012.

The Dow Jones industrial average (DJI:^DJI - News) dropped 82.65 points, or 0.67 percent, to 12,208.70. The Standard & Poor's 500 Index (SNP:^GSPC - News) dropped 10.40 points, or 0.82 percent, to 1,255.03. The Nasdaq Composite Index (Nasdaq:^IXIC - News) dropped 24.73 points, or 0.94 percent, to 2,600.47.

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

good morning!

morning...

sun wrote:good morning!

cikgu sun..manyak awal o...

W wrote:

sun wrote:good morning!

cikgu sun..manyak awal o...

sifu cai not holiday yet?

happy morning all

us market still trading sideline..sienz ar...

sun wrote:sifu cai not holiday yet?

study week now..few days left i still not yet prepare...

my holiday starts later this afternoon until next year

W wrote:

sun wrote:sifu cai not holiday yet?

study week now..few days left i still not yet prepare...

good luck

hlk still soi mook kah, missing her 'stock to watch'

sun wrote:my holiday starts later this afternoon until next year

so good wor..

phoenix cai, plz translate, thank you

Stocks to watch: Plantations, Alam Maritim, TPC, JCY



KUALA LUMPUR (Dec 29): Blue chips on Bursa Malaysia are likely to hang
on to their gains on Thursday, albeit adverse external news from the US
or the eurozone, but volume is expected to be thin.

On
Wednesday, the FBM KLCI reversed its earlier losses and closed above the
important 1,500-level for the second day, spurred by some late buying
into select blue chips and PLANTATION []-related counters. The FBM KLCI
rose 3.20 points to 1,504.11.

The KLCI bucked regional markets
where Hong Kong's Hang Seng Index fell 0.59% to 18,518.67, Japan's
Nikkei 225 lost 0.20% to 8,423.62, South Korea's Kospi fell 0.92% to
1,825.12, Taiwan's Taiex was down 0.40% to 7,056.67 and Singapore's
Straits Times Index shed 0.28% to 2,666.25.

At Bursa Malaysia,
local funds could be still involved in late window dressing. The KLCI
futures closed 0.5 of a point higher at 1,504.50, reflecting the firmer
sentiment.

Plantations could be in focus, after the third-month
CPO futures rose RM24 to RM3,186 per tonne on concerns that rains in the
main growing areas of Malaysia could affect harvests.

Other
stocks in focus could be ALAM MARITIM RESOURCES BHD [], TPC PLUS BHD [],
hard disk drive manufacturer JCY International Bhd and PROTON HOLDINGS
BHD [].

Alam Maritim (M) Sdn Bhd had recently received a letter
of award from Sarawak Shell Bhd for the modules offshore transportation
and installation contract valued at RM29.80 million.

The
nine-month contract started the current fourth quarter and the expected
date of completion was May 2012. ''The contract is not renewable.

HUAT LAI RESOURCES BHD [] has made a conditional take-over offer for
the remaining 66.29% stake in TPC Plus Bhd at 30 sen a share. The
take-over offer would involve the remaining 52.032 million shares at the
cost of RM15.61 million.

JYC share price close at near a
13-month high of RM1.05 as it was not affected by the recent severe Thai
floods and due to strong demand.

OSK Research had on Dec 23
upgraded the TECHNOLOGY [] sector a Neutral as the worst impact from the
Thai floods should be over while restoration of production in Thailand
was going on at full steam.

The research house had said it came
to understand that Western Digital and Seagate had used this opportunity
to push for higher prices of their HDD products (50%-100%) whilst
cutting down warranty periods

'As for JCY, we are raising our
earnings forecast by more than 100% as their equipment was unscathed.
Valuation switched from 0.9 times PBV to 8 times FY12 PER. Call upgraded
to Trading Buy with FV of RM1.30. We understand that there are rumours
of a strong price push over the next one month,' it said.


National car maker Proton could continue to see trading interest on the
strong positive newsflow that the party keen to buy Khazanah Nasional's
42.7% equity stake would be subjected to a general offer.


Khazanah managing director Tan Sri Azman Mokhtar said in written replies
to The Edge weekly that they have been receiving offers for various
forms of collaboration, including acquiring its controlling stake in
Proton but have not arrived at any decision to sell to any particular
offeror.

Meanwhile, the Employees Provident Fund (EPF) Board
continued to reduce its shareholding in YTL POWER INTERNATIONAL BHD [],
with the latest disposal of 1.44 million shares on Dec 22.

The
EPF sold the shares on Dec 22 and reduced its shareholding to 703.38
million or 9.68%. On Dec 1, it disposed of 831,600 shares and reduced
its shareholding then to 714.60 million shares or 9.83%.

According to the filings, from Dec 1 to Dec 22, the EPF had disposed of 12.05 million shares.

good morning everyone~ [You must be registered and logged in to see this image.]

morning all lets make big money today [You must be registered and logged in to see this image.]

Good morning Max sifu and all comrades [You must be registered and logged in to see this image.]

Greetings to all.

Before opportunity crowns you with great success, it usually tests your mettle through adversity.

morning.

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

kulim cb drop until cant drop anymore except mom go down..fortune teller plaughing but not maxims

anyway i dun have much qty...less than 4.5k lot la...therefore soon i will revenge [You must be registered and logged in to see this image.]