20th JUNE 2011

wow,so fast man...btw,HUAT AR.........................................!!!

HUAT r!!!! hehe

so fast?

sure 20 June will be a green green day [You must be registered and logged in to see this image.]

sun wrote:so fast?

sure 20 June will be a green green day [You must be registered and logged in to see this image.]

Attackkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk .... bohhhhhhhh buy cccccccccccccccccccccccc [You must be registered and logged in to see this image.]

Stocks to watch: Ramunia, Talam, Wah Seong, Top Glove

KUALA LUMPUR: Stocks may be range bound in the week ahead, starting Monday, June 20 despite the firmer close on Wall Street after France and Germany outlined an agreement to aid debt-burdened Greece.

However, most economists are overwhelmingly skeptical that Greece can ever repay its mountain of debt, which has reached 340 billion euros -- or 150% of the country's annual economic output. Hence, investors would not be rushing into riskier assets including equities.

The Dow and S&P 500 rose on Friday, June 17 after France and Germany outlined the aid for Greece but analysts said a recent bearish trend may not be over.

The Dow Jones industrial average rose 42.84 points, or 0.36%, to end at 12,004.36. The Standard & Poor's 500 Index gained 3.86 points, or 0.30%, to 1,271.50. But the Nasdaq Composite Index fell 7.22 points, or 0.28%, to 2,616.48.

Reuters reported that a slew of data showing the United States is on the verge of a slowdown has already done its damage to the market. After the heavy selling of the past several weeks, it seems investors are taking a wait-and-see approach -- for now.

Stocks to watch on Monday include RAMUNIA HOLDINGS BHD [], Talam Corp Bhd, Wah Seong Corp Bhd and Top Glove Corp Bhd.

Ramunia’s net profit for the second quarter ended April 30, 2011 fell 58.7% to RM1.41from RM3.42 million a year ago, due mainly to a reduction in revenue due to the tail end of remaining projects billings and lower operating income.

Revenue fell to RM1.74 million from RM11.88 million in 2010. Earnings per share were 0.21 sen, while net assets per share were 25.3 sen.

For the six months ended April 30, Ramunia’s net profit plunged 87.3% to RM2.51 million from RM19.83 million, while revenue fell 89% to RM3.09 million from RM27.74 million.

Talam posted net loss of RM25.97 million in the first quarter ended April 30, 2011 compared with net profit of RM1.56 million a year ago as it was impacted by the high administrative and finance costs totaling RM32.49 million.

Talam said administrative and other expenses totalled RM14.94 million while finance costs were RM17.55 million.

Its revenue was RM13.18 million compared with RM23.26 million a year ago due to lower gross profit and other operating income, as well as higher administrative and finance costs. Its loss per share was 0.72 sen versus earnings per share of 0.06 sen. Its net asset per share was 17 sen.

Wah Seong Corporation with a book order of RM1.2 billion plans to expand into water-related businesses and renewable energy after the demerger with Wasco Energy Ltd.

It plans to boost its biomass equipment and power generation business, as well as integrating into the fast growing agro-based sector and water industry. Another key growth area would be in deepwater pipe and gas pipe coating.

Top Glove’s net profit for the third quarter ended May 31, 2011 fell 60.3% to RM25.60 million from RM64.48 million a year earlier due mainly to higher latex price and weakening US dollar.

Revenue eased 3.7% to RM535.36 million from RM555.85 million. Earnings per share were 4.14 sen. It declared a first single tier net interim dividend of 5 sen, payable on July 21, 2011.

For the nine months ended May 31, Top Glove’s net profit fell 56.5% to RM87.06 million from RM200.22 million in the previous corresponding period, while revenue declined to RM1.51 billion from RM1.54 billion in 2010.

US stocks mostly higher

NEW YORK: US stocks were mostly higher on Friday amid hopeful signs that Europe might be on its way to containing the damage from Greece's debt crisis.

The Dow Jones Industrial Average climbed 42.84 points (0.36 per cent) to close at 12,004.36.

The broader S&P 500 index rose 3.86 points (0.30 per cent) to 1,271.50, while the tech-heavy Nasdaq Composite fell 7.22 points (0.28 per cent) to 2,616.48.

Markets rallied in early trading, after German Chancellor Angela Merkel and French President Nicolas Sarkozy urged swift action on a new Greek rescue package, but momentum faded later in the day.

"There is a little trepidation going into the weekend given the issues coming out of Greece and concerns that there may not be a near-term resolution," said Owen Fitzpatrick, head of US equities for Deutsche Bank.

The Nasdaq was also weighed down by a plunge in the share value of Research in Motion. Shares of the BlackBerry maker tumbled more than 21 percent on a disappointing earnings report.

US consumers appeared poised to benefit from a drop in the price of oil, as New York futures for light, sweet crude fell $1.94 to $93.01 a barrel, suggesting relief from high gasoline prices might be forthcoming.

Energy stocks were down, with ExxonMobil falling 0.25 percent and Chevron dropping 0.26 per cent, but telecoms were up, with AT&T gaining 1.12 per cent and Verizon adding 0.77 per cent.

A Moody's warning that it may cut Italy's credit rating, issued in the final hour of trade, pared gains on the blue-chip Dow.

Investors had mixed messages on the US economy. The index of leading economic indicators rose 0.8 per cent in May, the first time it had gained in 10 months, according to a monthly report from the Conference Board.

Nonetheless, the weakness of the world's largest economy remained evident as a survey from the University of Michigan showed that US consumer confidence had fallen in June. -- AFP

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

Hope this whole week KLCI continues to Green... WYSIWYG...

Just SEe how 8 hours later.

NEW YORK (CNNMoney) -- Wall Street will remain on edge this week as investors continue their search for more signs that the economy isn't heading toward another recession.

The economic data this week will provide insight on multiple aspects of the economy, including housing, durable goods and the labor market. The biggest event of the week will be the Federal Reserve's two-day Federal Open Market Committee meeting on Tuesday and Wednesday

"It's less about the individual data points and more the overall collection of numbers next week," said Liz Ann Sonders, chief investment strategist with Charles Schwab. "We have hit a soft spot, but we do not think the economy is at a significant risk of a second recession." (IMF trims U.S. economic outlook)

While interest rates are not expected to change from their near-zero levels, investors will await comments from the central bank regarding the recent deterioration in the economy and the future of its bond-buying program, which ends on June 30.

"Investors are not sure if the patient will walk on its own when you take that crutch away," said Jim Dunigan, managing executive of investments for PNC Wealth Management.

The Dow and S&P ended their six-week losing streak in part because there were some signs that the economy was heading back in the right direction.

End of the line: What a Greek default means
Market strategists said outside the economic data, investors will continue to monitor the ongoing developments out of Europe related to Greece's debt crisis. Wall Street will also get quarterly results from several companies, including Oracle (ORCL, Fortune 500) and FedEx. (FDX, Fortune 500)

On the Docket --
Monday -- There are no economic data or company earnings scheduled for release on Monday.

Tuesday -- Wall Street will get May existing home sales from the National Association of Realtors at 10 a.m. ET. Economists surveyed by Briefing.com expect the pace of existing home buying to slow to 4.78 million annualized units, down from 5.05 million units in April.

Bookseller Barnes & Noble (BKS, Fortune 500) will report before the market open on Tuesday, with media software giant Adobe (ADBE) reporting after the close. Analysts expect Barnes & Noble to post a loss of 91 cents a share according to Thomson Reuters, while Adobe is expected to earn 51 cents a share.

Wednesday -- The Federal Reserve will conclude its two-day meeting on Wednesday, with the interest rate decision being announced at 12:30 p.m. ET. Fed Chairman Ben Bernanke's press conference starts at roughly 2 p.m. ET.

In earnings, shipping company FedEx (FDX, Fortune 500) is scheduled to report its results before the market open, with analysts expecting the company to earn $1.72 a share. Also reporting on Wednesday is home decor retailer Bed Bath & Beyond (BBBY, Fortune 500).

0:00 / 3:18 BullHorn: Safe stocks for a wacky market
Thursday -- Investors will get weekly jobless claims from the Labor Department at 8:30 a.m. ET followed later by May new home sales from the Census Department at 10 a.m. ET.

Economists are looking for weekly claims to rise to 418,000 from last week's 414,000 claims, while new home sales are expected to fall to 305,000 annualized units from April's 323,000 annualized units.

Software giant Oracle (ORCL, Fortune 500) will report its earnings after the market open on Thursday. Analysts expect Oracle to earn 71 cents a share. Investors will also get earnings from ConAgra Foods (CAG, Fortune 500), H&R Block (HRB) and homebuilder Lennar (LEN).

Friday -- The Commerce Department will release its third reading on first-quarter gross domestic product at 8:30 a.m. ET, as well as May durable goods orders.

First quarter GDP is expected to remain steady at 1.8% growth according to economists' estimates. Durable goods orders are expected to rise 1% compared with April's 3.6% decline in orders

Good morning comrades ... lets huat [You must be registered and logged in to see this image.]

morn all

Good morning.

Where is MAx?

Everyone is waiting for his order this morning

today doesnt look good...
looks like no demand...

weird lah.. .evryone is thinking today going to be chiong market, but when look @ the q... doesn't seem good, maybe another 10 mints.

the q for mhb is not out yet.. 8 vs 8.66

EJAM... how to read the technical graph.... so, 71% overbought meant what? what indicator to use?

bjtoto ch need to get rid of the 20k lots something then only will up....i am finding way [You must be registered and logged in to see this image.]

maxims wrote:bjtoto ch need to get rid of the 20k lots something then only will up....i am finding way [You must be registered and logged in to see this image.]

0.085 and 0.09

8888 wrote:

maxims wrote:bjtoto ch need to get rid of the 20k lots something then only will up....i am finding way [You must be registered and logged in to see this image.]

0.085 and 0.09

ya wo....

today BC also very quiet... where is Sun and chandra?