11 may 2012

open thread dulu
even im nt trading

Good morning to all............

maxlee wht happens at 9am/pm?
mkt start?
refering to ur avatar

Morning all

phoenix777 wrote:maxlee wht happens at 9am/pm?
mkt start? [You must be registered and logged in to see this image.]
refering to ur avatar

Hahaha, you noticed that...... [You must be registered and logged in to see this image.]

Morning!!!

mauning~~~~~

Election announcement on next monday..... rumour..... if realli true what /how affect market????

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

aam wrote:Election announcement on next monday..... rumour..... if realli true what /how affect market????

Cannot be June Election oredi.......anyway play by the ear on the mkt sentiment....

bor chow see ahhhhhhhhhhhh

good morning~

locomania wrote:

aam wrote:Election announcement on next monday..... rumour..... if realli true what /how affect market????

Cannot be June Election oredi.......anyway play by the ear on the mkt sentiment....

they say ah jip will be in london next week, got consert, so nyanyi nyanyi then announce election then strip dance & tango tango baga baga

everyone come chat room blow blow water with me and pak aam

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morn

CIMB Daybreak - 11 May 2012


What's on the Table...

Plantations - Lower stocks drag down refiners
Dialog Group - 3Q blip doesn't douse our optimism
Economic Update - Mar IPI ' Domestic demand to lift 1Q12 GDP growth
Economic Update - Mar OECD CLI ' Revving up
Macro Pulse - Eurozone ' The winds of change blow danger the eurozone's way
News of the Day...

Local palm oil inventory fell to the lowest in a year.
Impact of GPP explosion on Petronas Gas unclear.
Rapid Transit System (RTS) Link between Singapore and JB under study.
Infineon Technologies Kulim is investing RM4bn in Kulim Hi-Tech Park.
Island Circle Development to develop land in Section 13, Petaling Jaya.
Johore Tin to expand dairy operations and enter Myanmar.

OSK188 - 11 May 2012 : DAILY RESEARCH REPORT

On The Platter
WILMAR (FV SGD4.90 ' BUY) 1QFY12 Results Review: Now a Buy on Excessive Selldown
We are upgrading Wilmar International from Neutral to Buy, but at a lower FV of SGD4.90 versus SGD5.22 earlier, as we trim our FY12 profit forecast to USD1,393.5m from USD1,485.8m previously. Although Wilmar's 1QFY12 results disappointed, we view yesterday's selldown as excessive. Moreover, the poor results mainly arose from its crushing business while other segments actually did well and exceeded our estimates. That said, the lack of earnings visibility was also mainly confined to the crushing business. We have yet to factor in the coming on-stream of 3.5m of refining capacity in Indonesia in 3Q.

CENTURY (FV RM1.79 ' NEUTRAL) 1QFY12 Results Review: More Pain From O&G Logistics

DIALOG (FV RM2.99 ' BUY) 9MFY12 Results Review: Surprisingly Slower

GENTING S'PORE (FV SGD1.71 ' NEUTRAL) 1QFY12 Results Review: Still in Cautious Mode

SINGTEL (FV SGD3.12 ' NEUTRAL) FY12 Results Conference Call: A Muted Tone


Market Review
Defying global sentiment. The FBM KLCI edged up 3.16 pts to 1,588.06 yesterday despite the negative sentiment engulfing global markets. Today's news headlines include:Malaysia's economy is expected to grow by a slower 4.5% in 2012 due to weaker external demand, according to the United Nations Economic and Social Commission for Asia and Pacific, Malaysian Airline System is close to securing up to RM1.5bn in a bridging loan from CIMB Group Holdings, Dialog Group's net profit increased almost 8% y-o-y to RM41.39m for 3QFY12 and IGB Corp will acquire 1.57m sq ft of land in Johor Bahru for RM259.14m or RM165 per sq ft. On the global front, the US markets closed mixed.

MEDIA HIGHLIGHTS
Infineon to inject RM4bn into Kulim plant operations
Infineon Technologies (Kulim) SB will invest RM4bn in its operations at the Kulim Hi-Tech Park over a 10-year period. The German company is expanding its wafer fabrication facility, Kulim 2, to include a manufacturing centre for the production of megatrend technologies for energy efficiency and automotive industries. (Malaysian Reserve)

MAS to get up to RM1.5bn bridging loan from CIMB
Malaysian Airline System (MAS) is close to securing up to RM1.5bn in a bridging loan from CIMB Group Holdings, giving it ample time to structure a RM3bn bond for its long-term needs. According to three separate sources, the one-year bridging loan is intended to finance the national carrier's daily operational needs and this would give MAS some time to structure the bonds. (Financial Daily)

IGB JVs to acquire Johor land for RM259m
IGB Corp's two 70%-owned subsidiaries will acquire 1.57m sq ft of land in Johor Bahru for a consideration of RM259.14m or at RM165 per sq ft. The land, to be acquired from Selia Pantai SB, is for the development of a shopping mall plus other commercial components. Selia Pantai also owns a 30% stake in the two IGB subsidiaries that will develop the land. (Financial Daily)

Contracts from TNB a boost to Pestech
Pestech International, which plans to list on the Main Market of Bursa Malaysia on 30 May, expects an increase in contribution from its local operations with the addition of two new contracts worth RM105.7m from TNB recently. The contracts are JV with TNB to build electric sub-stations in the Sarawak Corridor of Renewable Energy (SCORE) and Teluk Ramunia, Johor. (Financial Daily)

Harvest Court MD pares stake
Harvest Court Industries managing director Ng Swee Kiat substantially pared his shareholding in the company, selling more than 10% equity interest over two days, filings showed. In a statement yesterday, Harvest Court said Ng sold shares amounting to about 6% of its share base during the closed period on Wednesday, disposing of 9.26m shares or a 5.1% stake at an average of 71.2 sen apiece. (Financial Daily)

Source: OSK188

work hard guys, and get this [You must be registered and logged in to see this image.]

Good morning Max sifu and comrades ... Market half dead so im at 1U isetan grand opening now .. Wish all the battling comrades made good profit today ^^

mitra :D

so quiet

SElamat Tengahari........

yiii~~~~~~~~~~~~~~~
(mosquito)

[You must be registered and logged in to see this image.] cham lor if drop coin here can here too

BC activity is just like the BB warrant to Bursa activity..... [You must be registered and logged in to see this image.]
A very sensitive BB indeed...hahahaa [You must be registered and logged in to see this image.]