28 January 2010

happy morn guys...dj up 41.87pts...

Wall St gains on Fed's view; Apple lifts Nasdaq
NEW YORK: U.S. stocks rose on Wednesday, Jan 27 after the U.S.
Federal Reserve said it will keep interest rates near zero and ahead of
President Barack Obama's State of the Union address later in the day,
according to Reuters.
But the Nasdaq got a late surge from a gain of almost 1 percent in the shares of Apple Inc after the iPad's debut.
Market analysts said the Fed's decision was not surprising, but the
somewhat more optimistic tone of its statement shifted sentiment after
a wave of unexpected news from Washington the past two weeks caused the
stock market to buckle.
"The market rallied because there wasn't anything overtly negative
that could be taken from the Fed statement," said Michael James, senior
trader at regional investment bank Wedbush Morgan in Los Angeles.
"We've been hit by so many negative bits of news (lately), whether
from Washington or China, that there was some relief that there wasn't
anything overtly negative that could be construed from the Fed
statement."
The Dow Jones industrial average gained 41.87 points, or 0.41
percent, to end at 10,236.16. The Standard & Poor's 500 Index rose
5.33 points, or 0.49 percent, to 1,097.50. The Nasdaq Composite Index
climbed 17.68 points, or 0.80 percent, to 2,221.41.
After the closing bell, Qualcomm Inc tumbled 8.9 percent to $43.00
after the biggest maker of cellphone chips cut its revenue estimate for
the first quarter and current fiscal year, citing a slow economic
recovery.
During the regular session, Apple's shares rose 0.9 percent to
$207.88, reversing course from a drop of more than 3 percent earlier in
the day after the company unveiled its iPad tablet computer.
The Nasdaq also got a boost from Gilead Sciences Inc, which jumped
7.1 percent to $48.04 after the biotech company posted fourth-quarter
earnings that topped Wall Street's estimates and forecast a sales
increase of about 10 percent for 2010. The NYSE Arca Biotech index
gained 1.3 percent.
Boeing was the Dow's top advancer, up 7.3 percent at $61.93 after
the world's second-largest aircraft manufacturer reported
stronger-than-expected quarterly results and forecast a profitable 2010.
But Dow components Caterpillar and United Technologies Inc slipped after giving cautious forecasts.
Caterpillar's shares slid 4.3 percent to $53.44, while United Tech's stock lost 1.3 percent to $67.61. - Reuters

morning lily

Stocks to watch: EONCap, Sunway, DRB-Hicom, Petra Perdana

mystock wrote:morning lily

morn mystock, tdy r u free to trade?

hlk wrote:

mystock wrote:morning lily

morn mystock, tdy r u free to trade?

slightly free..
will go into market and have s a look

hlk wrote:Stocks to watch: EONCap, Sunway, DRB-Hicom, Petra Perdana

any special about this few stock

mystock wrote:

hlk wrote:

mystock wrote:morning lily

morn mystock, tdy r u free to trade?

slightly free..
will go into market and have s a look

wats ur aim for tdy?

mystock wrote:

hlk wrote:Stocks to watch: EONCap, Sunway, DRB-Hicom, Petra Perdana

any special about this few stock

drb-hicom n mulpha hope to get a stake in eoncap...

mystock wrote:

hlk wrote:Stocks to watch: EONCap, Sunway, DRB-Hicom, Petra Perdana

any special about this few stock

Property developer SUNWAY CITY BHD [registerQuotes("SUNCITY", "SUNCITY_span");]
has hired RHB Investment Bank and Credit Suisse as the main
coordinators for the planned listing of its real estate investment
trust (REIT) in Malaysia.
DRB-Hicom’s unit Hicom Holdings Bhd will take its 79% subsidiary EDARAN OTOMOBIL NASIONAL BHD [registerQuotes("EON", "EON_span");]
(EON) private through a capital reduction and repayment exercise which
is expected to be completed in the third quarter this year.
The group said 80.83 million shares would be cancelled comprised
52.15 million shares held by the minority shareholders and 28.68
million shares held by Hicom.
As for Petra Perdana, the board will hold a press conference this
afternoon on the latest developments following the boardroom and
shareholder tussle.
Gadang has proposed to acquire a leasehold parcel of residential
land off the Sungai Besi Highway in Sungai Besi here for RM33 million
or RM62 per square foot.
Its subsidiary Natural Domain Sdn Bhd plans to buy the land measuring about 49,377.47 square metres from GSS PROPERTIES [registerQuotes("PROPERTIES", "PROPERTIES_span");] Sdn Bhd.
Hume posted a net profit of RM34.03 million in its second quarter
ended Dec 31, 2009 versus a loss of RM100.77 million a year earlier,
mainly due to the turnaround of its 42%-owned SOUTHERN STEEL BHD [registerQuotes("SSTEEL", "SSTEEL_span");].
In Alliance Financial Group, the board of Alliance Bank Malaysia Bhd
is in the midst of evaluating the responses submitted by its group CEO
Datuk Bridget Lai but no time frame has been set to complete the
assessments, said bank director Tee Kim

hlk wrote:

mystock wrote:

hlk wrote:Stocks to watch: EONCap, Sunway, DRB-Hicom, Petra Perdana

any special about this few stock

drb-hicom n mulpha hope to get a stake in eoncap...

sori salah drb-hicom aim for eon not eoncap...

market seems still weak today....be careful..of course i hope everyone making money but wait and see first..no hurry..it might be a trap...might be a good day..hard to say...put risk at first profits second

morning guys ^^

kyoong wrote:morning guys ^^

morning...hope u gens rebound..your today job is to concentrate your bullet on gens c1..forget about other stock..if market seems up..buy some more at the bottom to average your price but make sure u know when to sell.

remember today rebound might be a trap...just clear some position if happen you overbought

watch for bank and plantation for indication...if this two sector holland1..meaning market will not perform well even in near future...

maximent wrote:

kyoong wrote:morning guys ^^

morning...hope u gens rebound..your today job is to concentrate your bullet on gens c1..forget about other stock..if market seems up..buy some more at the bottom to average your price but make sure u know when to sell.

remember today rebound might be a trap...just clear some position if happen you overbought

ok thanks ^^

radar bursa

yup me have same feeling too..anyway brb

axiata too

dam gens-c1 hvnt open aredy up, cant buy at low =.=

kyoong wrote:dam gens-c1 hvnt open aredy up, cant buy at low =.=

be careful wait till market stabilize first

kyoong wrote:dam gens-c1 hvnt open aredy up, cant buy at low =.=

morning kyoong...hope tdy will b kinder to u...

the gap is big and volumn is small..anytime klci will go negative..just sideline first

today market no so good...mystock u hold any stock and free now? haha1