7th July 2011

yest i open thread everyone hor seh leh..........tomorrow hope all hor seh lor [You must be registered and logged in to see this image.]

when max come back we all can sapu 2-3k lot d per trade [You must be registered and logged in to see this image.]

phoenix wrote:yest i open thread everyone hor seh leh..........tomorrow hope all hor seh lor [You must be registered and logged in to see this image.]

when max come back we all can sapu 2-3k lot d per trade [You must be registered and logged in to see this image.]

Stocks to watch: Plantations, Boustead, Dialog

KUALA LUMPUR: With the FBM KLCI scaling fresh highs on Wednesday, July 6, powered by GENTING BHD [] and Petronas Chemicals, the resistance for the 30-stock index is the psychological 1,600.

The KLCI managed to chalk up gains of 9.49 points to close at fresh high of 1,591.34 in late buying by funds of Genting Bhd, Petronas Chemicals Bhd, Petronas Dagangan and Genting Malaysia.

But investors may have to watch out for some selling after the record high, which saw the index turning out to be the second best performer among regional markets after South Korea’s KOSPI.

The KLCI is up 4.77% year-to-date and is trading at a price-to-earnings of 16.97 times while the Kospi is up 5.86% and is trading at a PE of 14.42 times.

Bank Negara Malaysia, which is holding its monetary policy committee meeting, will announce whether it will maintain or raise the overnight policy rate. Economists expect a 25 basis point hike to 3.25% on Thursday.

HSBC Global Research said it was looking for another 25bps increase in Malaysia's policy rate, with the central bank then remaining on hold for the rest of the year.

“For one thing, we argue that Malaysia's external sector will be recovering healthily throughout the second half of 2011, aided by the normalisation of the supply chains in the region.

“Moreover, strength in exports of commodities such as palm oil has, and will continue, to have a helpful buffering role against any slowdown in the electronics sector,” it said.

Late Wednesday, China raised interest rates for the third time this year, making clear that taming inflation remains a top priority even as its vast economy gently eases.

The 25 bps increase in lending and deposit rates underscores China's quiet confidence that the world's second-biggest economy is resilient enough to take tighter monetary policy in its stride, and is not threatened by a hard landing that some investors fear, Reuters reports.

Meanwhile, crude palm oil (CPO) futures for third-month delivery slumped RM19 to RM3,020 a tonne, the lowest since October last year, on bearish outlook for palm oil.

The weaker CPO price will impact the outlook for PLANTATION []s and this could weigh on the KLCI, where the diversified Sime Darby, KL Kepong, IOI Corp and PPB Group are part of the index.

Other stocks to watch are BOUSTEAD HOLDINGS BHD [], PHARMANIAGA BHD [],DIALOG GROUP BHD [] and SOUTHERN ACIDS (M) BHD [].

Boustead shareholders are in a for a windfall as it seeks to pare down its stake in Pharmaniaga Bhd. Boustead has proposed a corporate exercise to reduce its current stake of 97.81% in Pharmaniaga which includes a dividend-in-specie, restricted offer for sale, divestment and bonus issue.

Dialog Group Bhd’s 51% own subsidiary Pengerang Terminals Sdn Bhd inked a shareholders agreement with the State Secretary, Johor (Inc) to invest in a special purpose vehicle (SPV) -- Pengerang Independent Terminals Sdn Bhd.

Pengerang Terminals will hold 90 in SPV and the balance 10% equity stake will be held by the State Secretary, Johor (Inc). The SPV will undertake the first phase portion of the design, and development of an independent deepwater petroleum terminal at Pengerang, Johor.

Southern Acids (M) Bhd has recommended a final dividend (tax exempt) of 6% per shares of RM1 each. The dividends to be paid out would amounting to RM8.21 million for the financial period ended March 31, 2011.

MNRB HOLDINGS BHD [] and ALLIANZ MALAYSIA BHD [] have ended their negotiations over MNRB’s proposed sale of its takaful business.

Both parties had mutually agreed to end the negotiations. The proposal involved MNRB’s disposal of its equity interest in its unit Takaful Ikhlas Sdn Bhd.

good morning to all... today I bz, dont think so can chat much or trade...
DJ green mar, wish all of you HUAT big big [You must be registered and logged in to see this image.]

sun wrote:good morning to all... today I bz, dont think so can chat much or trade...
DJ green mar, wish all of you HUAT big big [You must be registered and logged in to see this image.]

morn sun ... hope every1 take home

hlk wrote:

sun wrote:good morning to all... today I bz, dont think so can chat much or trade...
DJ green mar, wish all of you HUAT big big [You must be registered and logged in to see this image.]

morn sun ... hope every1 take home [You must be registered and logged in to see this image.]

got to go, bye hlk, wish you luck [You must be registered and logged in to see this image.]

sun wrote:

hlk wrote:

sun wrote:good morning to all... today I bz, dont think so can chat much or trade...
DJ green mar, wish all of you HUAT big big [You must be registered and logged in to see this image.]

morn sun ... hope every1 take home [You must be registered and logged in to see this image.]

got to go, bye hlk, wish you luck [You must be registered and logged in to see this image.]

cya sun, hv a nice day ...

AirAsia's order for A320neos to hit 300?

Kuala Lumpur: Less than a month after AirAsia Bhd made a record-breaking order of 200 A320neo jets at the Paris Air Show, it has now reportedly increased this order by 100 jets.


An order of 300 jets would make the budget airline one of the largest carriers in the world and possibly the second airline with the most number of planes after Southwest Airlines of the US, analysts said.

However, founder Tan Sri Tony Fernandes declined to say anything about the report by Reuters.

In a text message to Business Times, he said: "No comment. All commercial discussions are confidential."

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

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

BO55. wrote: today [You must be registered and logged in to see this image.]

yeah .... welcome [You must be registered and logged in to see this image.]

affin, bimb,msm........ [You must be registered and logged in to see this image.]

i make from msm again bough 42 350 lot sold 445......

but almost pokai when it drop to 40-405 level

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

hit dragon with AFG-CC this time ...

AFG-CC Buy 09:11AM 50,000 0.19000 9,500.00
AFG-CC Sell 09:32AM 50,000 0.23500 11,750.00

phoenix wrote:i make from msm again bough 42 350 lot sold 445......

but almost pokai when it drop to 40-405 level

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

congrat Phoenix ... the goreng stock expert [You must be registered and logged in to see this image.]

financial/banker counter is super strong today ...

walao affin siao liao...........

morn guys ... i m jz free anything worth buying ?

AMMB-CJ bought 0.145 701 lots yesterday ... today sold 0.155


AMMB-CJ Sell 09:39AM 70,100 0.15500 10,865.50

bernardlcn wrote:hit dragon with AFG-CC this time ...

AFG-CC Buy 09:11AM 50,000 0.19000 9,500.00
AFG-CC Sell 09:32AM 50,000 0.23500 11,750.00

congrate..

hlk wrote:morn guys ... i m jz free anything worth buying ?

Susan Jie ... today financial counter very strong ... any news?

bernardlcn wrote:AMMB-CJ bought 0.145 701 lots yesterday ... today sold 0.155


AMMB-CJ Sell 09:39AM 70,100 0.15500 10,865.50

walao damn geng...i just earn 1 cent from affin nia

weslyku wrote:walao affin siao liao...........

ya ... affin siao .... got made kah? [You must be registered and logged in to see this image.]

KUALA LUMPUR: Bank Negara Malaysia is likely to raise the overnight policy rate (OPR) by another 25 basis points to 3.25% at its monetary policy meeting on Wednesday, July 7.

today market really siao..all specultive counter