14 November 2011

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

Stocks to watch Dijaya, Ivory, Kimlun, KPJ, oil and gas-related counters

KUALA LUMPUR (Nov 12): The FBM KLCI is expected to trend moderately higher on Monday, Nov 14 in line with the positive close at Wall Street last Friday.

Also, the statement by Prime Minister Datuk Seri Najib Tun Razak on Nov 11 that the general election would not be held this year put an end to weeks of speculation, and created what some analysts have described as offering some clarity to a nervy local market.

US stocks rose on Friday, ending higher for the week after the Italian Senate's approval of economic reforms gave investors some relief from worries about the euro zone's debt crisis.

The Dow Jones industrial average was up 2.19% to 12,153.68; the Standard & Poor's 500 Index rose 1.95% to 1,263.85, while the Nasdaq Composite Index added 2.04% to 2,678.75.

Affin Investment Bank Bhd head of retail research Dr Mohd Nazri Khan said Najib’s statement was to be taken as positive for the market, as it provides for more clarity and less volatility.

“Sometimes election can heighten market fluctuation as was seen in the run-up to the Sarawak state election in April this year,” he said.

Meanwhile, MIDF Research head Zulkifli Hamzah said the market was expected to remain edgy next week, on developments in Europe, especially pertaining to the Italian government’s bond auction on Monday.

Volatility had spiked up recently and the consensus was that global equity markets remain vulnerable to sharp selloff, he said.

He said Malaysia’s 3Q11 GDP growth, which was slated to be unveiled on Nov 18 was not expected to be a game-changing announcement.

“Our house view is that growth may hit 5% year-on-year, which would be keeping pace with regional economies,” he said.

Zulkifli said the local equity market was currently in a period of uneasy equilibrium, but added that foreign investors appear to be keeping faith in the Malaysian market and had been gradually accumulating since early October.

“There were net buyers again this week. Yet, local investors are circumspect of the fact that remains a large overhang of foreign liquidity in the system that can decide to eject overnight,” he said.

Among the stocks that could be in focus on Monday are DIJAYA CORPORATION BHD [], Ivory PROPERTIES [] Group Bhd, Kimlun Corporation Bhd, KPJ HEALTHCARE BHD [] and oil and gas-related counters.

Dijaya and Ivory inked a joint venture agreement to develop mixed residential and commercial properties in Penang with a gross development value of RM10 billion.

The two companies said the development will be completed over the next eight years and would comprise of residential, shopping mall, hotel, office suites, office towers, retail spaces and an open mall with a boulevard.

CONSTRUCTION [] of the first phase is scheduled to begin next year, they said last Friday.

Kimlun secured a contract worth RM68 million to build a service apartment in Iskandar Malaysia in Johor.

It said last week that its wholly-owned subsidiary Kimlun Sdn Bhd had accepted the letter of award for the contract from Grand Action Sdn Bhd.

KPJ is buying four plots of land in the district of Klang, Selangor for RM23.76 million cash as part of its plans to build a specialist hospital.

KPJ on Friday said the four plots of land were situated within a mixed development undertaken by Sazean known as “Sazean Business Park”, and that Sazean would make an application to convert the category of the lands it was buying from agricultural to building/commercial.

Meanwhile, Petroliam Nasional Bhd and Shell Malaysia last week inked heads of agreement (HOA) for new enhanced oil recovery projects offshore Sabah and Sarawak, a development which may boost the oil and gas support services-related counters.

today hossay ma..

Morning!.....got meeting in da morning![You must be registered and logged in to see this image.]

watch bimb and dialog

maxims wrote:watch bimb and dialog

thks max +1

maxims wrote:watch bimb and dialog

\

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bimb is in negative premium..discount of 1 cent....some more mom has been batter down....

the hint is, if mom rebound...then is double bonus...

assuming mom go 1.98...bb should worth 0.19...even in negative premium...bb should still worth 0.18...furthermore this bb is funny...sometimes in positive premium a lot too...so worth to buy and keep..i am doing it

maxims wrote:bimb is in negative premium..discount of 1 cent....some more mom has been batter down....

the hint is, if mom rebound...then is double bonus...

assuming mom go 1.98...bb should worth 0.19...even in negative premium...bb should still worth 0.18...furthermore this bb is funny...sometimes in positive premium a lot too...so worth to buy and keep..i am doing it

+1rep 4 u........[You must be registered and logged in to see this image.]

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

thanks sifu for the advise .... +1 rep [You must be registered and logged in to see this image.]

ejam77 wrote:

maxims wrote:bimb is in negative premium..discount of 1 cent....some more mom has been batter down....

the hint is, if mom rebound...then is double bonus...

assuming mom go 1.98...bb should worth 0.19...even in negative premium...bb should still worth 0.18...furthermore this bb is funny...sometimes in positive premium a lot too...so worth to buy and keep..i am doing it

+1rep 4 u........[You must be registered and logged in to see this image.]

use probability

1. less likely mom will go down further cause dj is green 259 point

2. bimb has been batter down

3. bb is in negative premium for days

all add up = more on upside than downside

maxims wrote:

ejam77 wrote:

maxims wrote:bimb is in negative premium..discount of 1 cent....some more mom has been batter down....

the hint is, if mom rebound...then is double bonus...

assuming mom go 1.98...bb should worth 0.19...even in negative premium...bb should still worth 0.18...furthermore this bb is funny...sometimes in positive premium a lot too...so worth to buy and keep..i am doing it

+1rep 4 u........[You must be registered and logged in to see this image.]

use probability

1. less likely mom will go down further cause dj is green 259 point

2. bimb has been batter down

3. bb is in negative premium for days

all add up = more on upside than downside

max have make good sense here..

WinningHeart wrote:Good morning max sifu and comrades [You must be registered and logged in to see this image.]

thanks sifu for the advise .... +1 rep [You must be registered and logged in to see this image.]

welcome. i will attack 0.16 and 0.165 if mom rebound...that 8 to 10k lots is piece of cake, they bully weak player only...u guys just stay alert and buy if mom rebound...don wait for my signal... if mom go 1.95 buy q can whack 0.16

W wrote:

maxims wrote:

ejam77 wrote:

maxims wrote:bimb is in negative premium..discount of 1 cent....some more mom has been batter down....

the hint is, if mom rebound...then is double bonus...

assuming mom go 1.98...bb should worth 0.19...even in negative premium...bb should still worth 0.18...furthermore this bb is funny...sometimes in positive premium a lot too...so worth to buy and keep..i am doing it

+1rep 4 u........[You must be registered and logged in to see this image.]

use probability

1. less likely mom will go down further cause dj is green 259 point

2. bimb has been batter down

3. bb is in negative premium for days

all add up = more on upside than downside

max have make good sense here.. [You must be registered and logged in to see this image.]

we talk reasons...and use our reasons to substanstiate the wysiwyg...

if our reasons being justified by wysiwyg..wtf we are waiting for?

we don talk like investlah.com remember...we need something to support our claim

watch pchem cb also

pchem cb also interesting..can buy immediately if mom open 6.38..but don q first..buy last few seconds

maxims wrote:pchem cb also interesting..can buy immediately if mom open 6.38..but don q first..buy last few seconds

sorry 6.48

but pchem need to be careful..those only can pick up for days then only can buy..cause below no support

for now..i still think dialog and bimb

but dialog 0.1 not worth it..just watch

guy..the best i identify so far is bimb....i will sai lang on this..let's watch

today hossay,,,

Sorry, your User ID is in use currently.

cant sign in...damn

maxims wrote:guy..the best i identify so far is bimb....i will sai lang on this..let's watch

i'll follow u man....i'll curi2 masa to trade....[You must be registered and logged in to see this image.] ...hope the luck is with me......[You must be registered and logged in to see this image.] ...thanks taiko.....+1 rep again!

maxims wrote:guy..the best i identify so far is bimb....i will sai lang on this..let's watch

morning everyone + 1 to sifu