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Sept 20th Fri - BC Daily Trading Floor

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Post by Cals Fri 20 Sep 2013, 00:07

Hello Traders

20/09/2013 Stock List

1.Hibiscs 1.64 1.60
2.Hibiscs-wa 1.07 1.03
3.Hohup 1.26 1.22
4.Perdana 1.87 1.83
5.Presbhd 2.16 2.12
6.Cresbld 1.39 1.35
7.Adventa 0.755 0.735
8.Myeg 1.98 1.94
9.Canone 3.65 3.61
10.Triplc 1.46 1.42
11.Gunung 0.835 0.815
12.Penergy 2.21 2.17
13.Pantech 0.995 0.975
14.YTL 1.56 1.52
15.Coastal 2.79 2.75
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Post by Cals Fri 20 Sep 2013, 01:07

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Post by peanut Fri 20 Sep 2013, 01:09

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Post by peanut Fri 20 Sep 2013, 01:10

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Post by JF Fri 20 Sep 2013, 11:01

Morning~Coffee 
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Post by peanut Fri 20 Sep 2013, 11:15

JF wrote:Morning~Coffee 
selamat pagi Coffee
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Post by Cals Fri 20 Sep 2013, 12:38

Mid-Morning Market KLCI takes a breather, remains in positive territory
Business & Markets 2013
Written by Surin Murugiah of theedgemalaysia.com
Friday, 20 September 2013 10:18

KUALA LUMPUR (Sept 20): The FBM KLCI remained in positive territory at mid-morning on Friday but investors took a breather after the fervent buying the previous day in line with the retreat at Wall Street and pause at most regional markets.

At 10.05am, the FBM KLCI added 5.25 points to 1,798.16.

Decliners edged advancers by 230 to 208, while 248 counters traded unchanged. Volume was 407.06 million shares valued at RM306.09 million.

The top gainers included Focal Aims, Sungei Bagan, BAT, Kluang, Petronas Gas, Petronas Dagangan, Hibiscus and KESM.

HHH Corp was the most actively traded counter with 21.67 million shares done. The stock added one sen to 14.5 sen.

The other actives included Sona Petroleum, Iris Corp, TMS, Instaco, Focal Aims, MAS and Chin Stationery.

The decliners included Lay Horng, UMS, Hartalega, TGL, Kossan, Hai-O, Panasonic, NCB and GAB.

Hwang DBS Vickers Research in a note Friday said that following a 21.5-point or 1.2% jump yesterday, the FBM KLCI may take a breather today.

On the chart, the key market barometer will probably oscillate between its immediate support and resistance levels of 1,785 and 1,800 ahead, it said.

“Reflecting the more optimistic backdrop, the FBM KLCI Sep futures contract has turned from a 3.9-point discount the day before to a 2.6-point premium yesterday vis-à-vis the current spot rate of 1,792.91. Meanwhile, major US stock indices ended between minus 0.3% and +0.2% last night as investors weighed on the latest financial developments.

“In terms of corporate news, of probable interest today are stocks like: (a) Berjaya Sports Toto, which has proposed to undertake a dividend-in-specie to facilitate the secondary listing of its business trust vehicle on the Malaysian stock market (on the basis of 21 trust units for every 10 Berjaya Sports Toto shares held); (b) Landmark, on the back of its rights issue proposal involving 1 warrant for every 2 existing shares held (at an issue price to be determined later); and (c) Alam Maritim, following the award of a contract worth RM45 million for the provision of supply vessel services,” it said.

Elsewhere, Asian shares paused on Friday as investors sat back to ponder the U.S. Federal Reserve's policy outlook, a day after the world's most powerful central bank triggered a global rally in riskier asset markets with an unexpected decision to maintain its stimulus program, according to Reuters.

The dollar drifted off a seven-month low against a basket of major currencies and U.S. Treasury yields rose after a string of upbeat U.S. data provided a reminder to markets that the Fed is not far off from the day when it starts to cut stimulus, it said.



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Post by peanut Fri 20 Sep 2013, 14:26

Cool hope our KLCI can maintain.... 
jakarta and india drop -1%++ and -2%++
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Post by JF Fri 20 Sep 2013, 15:10

AA engine warm~
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Post by peanut Fri 20 Sep 2013, 16:03

Headbang Headbang CIMB
sold cw to early....
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Post by JF Fri 20 Sep 2013, 16:13

peanut wrote:Headbang Headbang CIMB
sold cw to early....
nearly lifted CI to 1805.. lol
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Post by peanut Fri 20 Sep 2013, 16:14

JF wrote:
peanut wrote:Headbang Headbang CIMB
sold cw to early....
nearly lifted CI to 1805.. lol
kuat betul...
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Post by JF Fri 20 Sep 2013, 16:33

Hibiscus- share price stuck oil!
Author: Alex Lu   |   Publish date: Fri, 20 Sep 11:33 


Hibiscus broke above its horizontal line at RM1.60 yesterday. This morning, it broke above its next horizontal resistance at RM1.73 as well as the all-time high of RM1.88. What's driving the share price in a frenzy?

There is a report in the Edge (here) that "Hibiscus and its Australian partner, 3D Oil Ltd, had purchased a drilling rig. The rig, it said, would be the production platform for their West Seahorse oilfield in the Gippsland basin, off the coast of southeast Australia."

"The joint venture is expected to receive regulatory approval by the end of the year, while first oil is expected to begin by early 2015. The field has a best estimated contingent resource of 9.2 billion barrels of recoverable oil."

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Map of the West Seahorse oilfield in the Gippsland basin (Source: Uptream) 

It is further reported that "Hirex Petroleum Sdn Bhd, a joint venture between Hibiscus subsidiary Orient Hibiscus Sdn Bhd and Rex South East Asia Ltd, has seen the entry of Triax Ventures Corp, which took up 15% equity interest. The stake is equivalent to a capital injection of US$10 million (RM32.74 million) into the JV unit."

"Hirex was formed earlier this year, to pursue investments in exploration assets using Rex's proprietary technology, in 11 countries within the Asia-Pacific region - Malaysia, New Zealand, the Philippines, Vietnam, Australia, Thailand, Brunei, Papua New Guinea, Indonesia, Myanmar and Cambodia. This includes the offshore areas of these countries."

The Edge report was based on a July report published by Upstream, an international Oil & Gas newspaper (here).

From the chart, we can see a vertical rise in the share price. Such an incredible rally is extremely hard to participate in. It is the reverse of the falling knife. It is best to sit back and let sanity return to the market before doing anything with regards to this stock. 


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Chart: Hibiscus's weekly chart as at September 20, 2013_11.00am (Source: Quickcharts)
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Post by peanut Fri 20 Sep 2013, 17:23

have a great weekend guys Coffee Cocktail Party
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Post by Cals Fri 20 Sep 2013, 17:29

peanut wrote:have a great weekend guys Coffee Cocktail Party

TGIF all Cocktail Beer Clap
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Post by Cals Sat 21 Sep 2013, 00:58

close of session

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ace - sersol - nice

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warrant

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Posts : 25277 Credits : 57721 Reputation : 1766
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Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

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