18th Oct 2012

[You must be registered and logged in to see this image.]good morning...nobody open new topic today??

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Selamat pagi

KUALA LUMPUR: Blue chips rose in early trade on Thursday, with Tenaga and SapuraKencana Petroleum among the major gainers, as investors' appetite for equities improved, as sentiment was underpinned by the more positive outlook from the US and Europe.

At 9.05am, the FBM KLCI rose 0.76 of a point to 1,661.43. Turnover was 43.31 million shares valued at RM20.18mil. There were 75 gainers, 33 losers and 94 counters unchanged.

Analysts said the optimism in the US and Europe could provide the impetus for the KLCI to retest its resistance of 1,668 and possibly extend its all-time high.

Tenaga added five sen to RM6.99 while SKPetro gainsed three sen to RM2.47 after its secured a contract extension.

BAT was the top gainer, up 50 sen to RM64 with 200 shares done.

Among plantations, United Plantations added 46 sen to RM25.30 with 100 shares transacted, PPB Group rose eight sen to RM12.28.

However, SOP fell nine sen to RM6, FGV three sen to RM4.71 and IOI Corp two sen to RM5.05

TH Heavy, Benalec, UMW and Axiata rose three sen each to 53 sen, RM1.39, RM9.96 and RM6.54 respectively.

Maybank snapped its recent rally, easing six sen to RM9.22 on profit taking.

Any stock to watch?

gud morning ~~ stuck at LRT whole morning ==

peanut wrote:Any stock to watch? [You must be registered and logged in to see this image.]

peanut...i don't have since I'm under "hibernate" period for trading...[You must be registered and logged in to see this image.]

jeefoh wrote:gud morning ~~ stuck at LRT whole morning == [You must be registered and logged in to see this image.]

wat happen? service interuption ?

jeefoh wrote:gud morning ~~ stuck at LRT whole morning == [You must be registered and logged in to see this image.]

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

inQic wrote:

jeefoh wrote:gud morning ~~ stuck at LRT whole morning == [You must be registered and logged in to see this image.]

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

wangsa maju to ampang park ~
but wait till tumpang frenz punya car

morning guys

good morning :D

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

hi
all +1 thread starter

lol here bcome good morning thread

today mkt quite active....thheavy, gpacket and harvest

phoenix777 wrote:lol here bcome good morning thread

today mkt quite active....thheavy, gpacket and harvest

good to hear that you are picking up

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

mabs wrote:good afternoon BC. [You must be registered and logged in to see this image.]

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

u guys really nothing to update rather than morning or afternoon ar? u forgot evening later

hi, guys, tmr astro listing, anyone want to guess the open price?

Market Thoughts

US stocks squeezed out small gains Wednesday, with the Dow finishing higher for the fourth-straight session, lifted by a strong housing report, but tepid quarterly results from major tech companies weighed. Similarly, Europe's equity market powered to three-week highs on Wednesday, with the Madrid bourse and the banking sector bolstered by news that Spain had escaped a rating downgrade to 'junk' and hopes that it will soon seek a bailout.

On the local market, the FBM KLCI rose 7.15 points to 1660.67 points. Following the optimism in the US and Europe, we expect the FBM KLCI to retest its resistance of 1668 points and possibly extend its all-time high.


Malaysia News & Highlights

SapuraKencana gets extension
SapuraKencana Petroleum Bhd’s subsidiary has received a US$9.2mil (RM28mil) contract extension to provide its tender rig for offshore drilling. The company said in a filing with Bursa Malaysia that Tioman Drilling Company Sdn Bhd’s contract has been extended for another three months from April 21 to July 20, 2013 by Carigali PTTEPI Operating Co Sdn Bhd (CPOC) and Carigali-Hess Operating Company Sdn Bhd. The contract was for an initial duration of 28 months starting from Dec 21, 2010 with an option for two extensions of three months each. (Source: The Star)

Sources: Westports plans RM1.5bil IPO next year
Westports Malaysia Sdn Bhd is looking to raise as much as US$500mil (RM1.52bil) in an initial public offering (IPO) in the second quarter of 2013, two sources with direct knowledge of the plan said. The funds raised from the IPO will help Westports expand Port Klang, which has reported double-digit growth in container handling over the last five years. (Source: The Star)

TH Plantations ops expansion plan rejected
Part of TH Plantations Bhd’s proposals to expand its operations involving sustainable forest management and teak and rubber plantation development in Sabah has been rejected by the Sabah Forestry Department. The company said that the department had not accepted its proposals which involved the assignment of the sustainable forest management licence agreement dated Sept 2, 1998 between TH Plantations and the Chief Minister of Sabah to TH-Bonggaya. (Source: The Star)

Pos M’sia to finalise Mideast courier firm deal
Pos Malaysia Bhd hopes to finalise soon the acquisition of a courier company in the Middle East. Group chief executive officer Datuk Khalid Abdol Rahman said talks on the acquisition was still ongoing and “we hope to finalise it within this year.” “We are currently in the negotiation process and want to finalise it very soon,” he told reporters at the launch of the Takaful Flexi PA and Takaful Driver and Passenger PA here. (Source: The Star)

Hua Yang Q2 net profit up 22.6%
Hua Yang Bhd’s net profit for the second quarter ended Sept 30, 2012 rose by 22.6% to RM17.06 mil from RM13.91 mil in the same quarter last year. Revenue grew by 36.2% to RM103.7 mil from RM76.13 mil in the same period last year, mainly due to steady construction progress recognition, it said in a statement (Source: The Star)

Formis in pact to boost stake in Yakimbi
Formis Resources Bhd, via its wholly-owned unit Continuous Network Advisers Sdn Bhd, had signed an investment agreement with Yakimbi Sdn Bhd and several parties for the subscription of 1 million new Yakimbi shares for RM3 million. Upon completion of the subscription of the subscription shares, Formis will have a 40 per cent stake in Yakimbi - a company that provides secure mobile collaboration and storage solutions in the cloud. (Source: Business Times)

(Source: JF Apex)

leecs1978 wrote:hi, guys, tmr astro listing, anyone want to guess the open price?

i guess open at 3.25 [You must be registered and logged in to see this image.]

super bull mkt is back [You must be registered and logged in to see this image.]

same like last year. for penny stocks rising. hurmmm