12 October 2012 FRIDAY!!!!

It's Friday!!!!..... Good Morning BC Comrades........

Where is sifu Max? Miss him a lot......

+1 this fellow open thread 5 am in the morning lepas US market ka?

morning

morning pak aam, your CPO huat ar!

Asian Stocks Gain on U.S. Jobless Claims; Softbank Slumps
By Jonathan Burgos and Yoshiaki Nohara - Oct 12, 2012 8:33 AM GMT+0800

Asian stocks rose, with the regional benchmark index heading for its first advance in five days, after U.S. jobless claims fell, boosting the earnings outlook for the region’s exporters.
Honda Motor Co. (7267), a Japanese carmaker that gets 44 percent of sales from North America, increased 1.7 percent. Mitsui O.S.K. Lines Ltd., operator of Japan’s largest shipping fleet, gained 1.7 percent after commodity freight rates rose in London. Softbank Corp. sank 16 percent as Japan’s third-largest mobile-phone company is said to be in talks for a substantial investment in Sprint Nextel Corp. Billabong International Ltd. slumped 16 percent after TPG International LLC withdrew its bid for the Australian surfwear maker.
The MSCI Asia Pacific Index (MXAP) gained 0.3 percent to 120.72 as of 9:28 a.m. in Tokyo, with three times as many stocks rising as falling, before markets in China and Hong Kong open. The measure is poised for its biggest weekly drop since August after the International Monetary Fund cut its global growth forecasts and warned of a steeper slowdown unless the U.S. and Europe address threats to their economies.
“The market has been directionless,” said Shane Oliver, Sydney-based head of investment strategy at AMP Capital Investors Ltd., which has almost $100 billion under management. “We saw a nice rally going into September on the back of policy action in Europe and the U.S. and now we are looking for the follow through.”
To contact the reporters on this story: Jonathan Burgos in Singapore at [You must be registered and logged in to see this link.]; Yoshiaki Nohara in Tokyo at [You must be registered and logged in to see this link.]

morning opening warrants

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HSI!!!!

super laser beam !! @.@

indeed ribut HSI

commodity run coming, AUS naik jugak

laser beam lost power, now pointing into middle of the earth xDD

hi all....good morning.

still can't trade market...[You must be registered and logged in to see this image.]

Wonderful World wrote:hi all....good morning.

still can't trade market...[You must be registered and logged in to see this image.]

good morning , apehals WW , busy?

Cals wrote:

Wonderful World wrote:hi all....good morning.

still can't trade market...[You must be registered and logged in to see this image.]

good morning , apehals WW , busy?

busy with office projects...[You must be registered and logged in to see this image.]

ooo ..

topglove-cg but bak may be limited and ex is close around end this month

Market Thoughts

US stocks finished narrowly mixed in thin trading Thursday as the earlier bounce from a better-than-expected jobless claims report fizzled. Major averages are on pace for their biggest weekly drop in more than four months. However, European shares extended gains to close higher, after data showed an unexpected drop in U.S. weekly unemployment benefit claims, reviving hopes the world's biggest economy is recovering.

On the local market, the FBM KLCI dropped 3.93 points to 1655.47 points. The index had come off its all-time high of 1668 points recently. Following the uncertain market conditions, we expect the index to remain below its resistance of 1668 points.


Malaysia News & Highlights

AIA seals ING Malaysia deal for ING Malaysia
AIA Group Ltd is set to turn its Malaysian operations into the largest life insurer in the country following its US$1.73 billion (RM5.3 billion) acquisition of ING Insurance Bhd (ING Malaysia). The deal, which was finalised yesterday, will push AIA Malaysia into the leading position from fourth currently, with a market share of 24.8 per cent from 11.3 per cent previously. (Source: Business Times)

AMMB to run Kurnia and AmG under single licence
AMMB Holdings Bhd will operate both its general insurance arms, AmG Insurance Bhd, and the recently-acquired Kurnia Insurance (M) Bhd, under one licence post-merger. "Yes, we will keep both the insurance brands but under one licence. We have two very strong brands and we don't want to let them go," AmG chief executive officer Duncan Brain told a media briefing, here. The plan will possibly see Kurnia surrender its insurance licence and operate under AmG's operating licence. (Source: Business Times)

KFCH, QSR call EGM to sell entire businesses worth about RM5.2bil to Massive Equity unit
KFC Holdings (M) Bhd and QSR Brands Bhd have called for EGMs on Nov 5 and Nov 6 respectively for the proposed disposal of their entire businesses and undertakings to Triple Platform Sdn Bhd a wholly owned subsidiary of Massive Equity Sdn Bhd in a deal that values both companies close to RM5.2bil. In the past few months, many quarters had expressed misgivings about the deal, given that the buyout was taking longer than expected to progress. (Source: The Star)

Top Glove Q4 earnings jump on stronger demand
Top Glove Corp Bhd’s earnings jumped 143% to RM63.51mil in the fourth quarter ended Aug 31, from RM26.03mil a year ago. Revenue rose 12% to RM607.23mil from RM541.83mil. Earnings per share jumped to 10.27 sen compared with 4.21 sen. It proposed a single-tier final dividend of 18%, which is 9 sen per share on a net basis. (Source: The Star)

AirAsia may revisit London, Paris
Airasia Group says it made a mistake flying to Paris and London via long-haul unit AirAsia X, but may reintroduce the cancelled routes. AirAsia Group chief executive officer Tan Sri Tony Fernandes said it may consider remounting the flights in 2016 once its new Airbus aircraft are delivered. He said it made a mistake going to Paris and London based on oil prices, but the airline would not be resuming these flights anytime soon. (Source: Business Times)

Alam Maritim unit wins RM62m job
Alam Maritim Resources Bhd’s wholly owned subsidiary, Alam Maritim (M) Sdn Bhd, has received a contract that may be worth up to RM69.22mil from a local oil and gas company for the provision of a workboat. It told Bursa Malaysia that the contract was for a primary period of one year with an extension option exercisable by the client for another year. (Source: The Star)

(Source: JF Apex)

patutla TG earnings jumped 143% to RM63.51mil

SCIENTX 4731 madnesss

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morning...

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

MKLAND vroooms

11am magic soon

phoenix777 wrote:

Cals wrote:MKLAND vroooms

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hahah for you scientex no issue or TG

Cals wrote:

phoenix777 wrote:

Cals wrote:MKLAND vroooms

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hahah for you scientex no issue or TG

wah scientex up alot leh din see it [You must be registered and logged in to see this image.] i was in amedia whole morn yawn......