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2016-09-22 09:12 | Report Abuse
Pre-budget meeting with Ministry of Plantations & Commodities. Might have some good news for the sector
2016-09-22 09:05 | Report Abuse
jwchuey- morning press released by Fomc (janet ) rates on hold. sounds good for equities. Bursa is underperforming compared to our neighbours. Hopefully, market can pick up the momentum. Pre-budget rally ? just keep our fingers cross
2016-09-22 06:05 | Report Abuse
FOmC voted 7-3 to hold rates. market positive for equities. pre budget rally possible { feel good factors}
2016-09-22 06:02 | Report Abuse
rates unchanged. DJ close positive. good for equities
2016-09-22 05:59 | Report Abuse
cw is not a game for newbie. understand the risk { before looking at the rewards} you need to understand different types of cw issued.
2016-09-22 05:54 | Report Abuse
rates on hold.today uptrend momentum continue
2016-09-21 15:09 | Report Abuse
TF is looking at the idea (separate listing) AAC . Bursa Malaysia is not on the list . Due to valuations and tax issues. Perkins is an experienced chap who knows inside out the investment banking fratenity. Maybe too early . that's way TF says AAC will be discussed and bought to Board level . Japanese are very keen on AAC . but that's another topic for another day
2016-09-21 14:49 | Report Abuse
credit must be given to TF for the AA brand. Fuel cost is the biggest operating item( 38% ) for Airlines. prices of jet fuel has slumped app 40-50% ( Y-o-Y ). currently USD 50-55 . Jet fuel is more expensive than Brent Crude
AA group has hedged 80% of the jet fuel costs ( meaning any unexpected price up ) is under controlled. Fuel efficiency is important for long haul flights. you look at MAS . ageing planes , low load factors & high operating expenditure ( fuel & mainteance ) and lack of connectively ( fly hubs) that is what killing MAS
Believed it or not AA ( TF) has more or less sorted out the major issues facing AA except for it's associates airlines. TF is betting big on India and CHina . At the WEF. everybody agreed that China and India is the growth engine of the world ( not US )
Whether AA price stays up or move higher. we need to look at other factors that may impact the LCC business models. Maybe TF knows something we dont know. AAX international HQ is at Jakatra ( not at KL ) why ? i dont have the answer
2016-09-21 12:00 | Report Abuse
Resistance at 2.39 ( previous high ) need to be patient. FGV not for pump and dump
2016-09-21 11:57 | Report Abuse
yup. whatever say and done. the bottom line . can we make money $$$
2016-09-21 09:52 | Report Abuse
morning good start. mother and sons ( cw) all moving in unison. good
2016-09-21 09:45 | Report Abuse
open forums ( suppose to share news or any updates ) not the intention to laugh at people misfortune.
2016-09-21 09:43 | Report Abuse
i am onboard (AA and AAX ) just keep our fingers cross
2016-09-21 09:34 | Report Abuse
open forums. you get some good news, some bad or whatever ( used your own discretion )
2016-09-21 09:31 | Report Abuse
high time for FGV to move up ( positive momentum ) further upside if US rates maintain exchange till end year
2016-09-20 17:43 | Report Abuse
Indonesian crusher enjoys a price (PKO ) advantage or margin compared to our Malaysian counterparts. this translate into USD 20-30 per tonne ( due to tax structure) We are now playing second fiddle
2016-09-20 16:46 | Report Abuse
tmorr is another day. the fed meeting (20-21 Sept) will finally give a respite if no rate hike forthcoming.
2016-09-20 14:59 | Report Abuse
you are lucky. myself looks likea a home grown giraffe from ulu kelang
2016-09-20 08:51 | Report Abuse
Datuk Mah Siew Keong ( Commodity & Plantation )will addressing the leading corporate leaders at coming POTA seminar 12 Oct. FGV, GLIc, MITI,plantation giants, other plantation cos, overseas speakers will be in attendence. Normally this talks will sort of feel good factor ( price forecast for CPO )
translated into upward momentum for counters
2016-09-19 15:35 | Report Abuse
physical price higher today. BMD oct cpo up + $90
2016-09-15 17:56 | Report Abuse
steven - if Fed holds back the rate ( 20-21Sept ) meeting. Markets round the world would be positive. next meeting is only schedule 1-2 Nov. Crude oil prices is dropping. AAC sales is on. coming quater may be in for a strong set of numbers. just keep our fingers cross. Oh! selling underwear is profitable. Look at Victoria Secrets. Looking at them aleardy feel good. Have a good day
2016-09-15 17:18 | Report Abuse
BMD Oct futures up + 70 . ringgit weaken 4.15 to a dollar. good for CPO counters .everything looks positive ( and if Fed holds back rate at 20-21 Sept meeting ) market should be positive
2016-09-15 17:15 | Report Abuse
if fed hold back the rates ( 20-21 Sept) meeting. next meeting is scheduled only in November. in between markets should perform positively. this is my personal view. Cheers
2016-09-15 09:03 | Report Abuse
EPF owns RHB and MBSB. any price meltdown will affect their bottom lines. End year is approaching. expect some decent window dressing with CMY . Happy mid autumn festival ( Moon cake celebrations )
Most GLic funds manager will be back after long break in between Hari Qurban and coming Malaysia Day. Hopefully, all their bullets reserved for the coming week (after Fed Reserve SEp meet ) decide not to raise rates.
Most WSJ analyst expect only 20% chances Fed raising rates in September ( whereas 40% expect Fed to raise rates in Dec ) Keep our fingers cross. Trump already says if elected he will replace Janet Yellen. As this point of time . Everything is uncertain. Janet Yellen favour term " uncertainities "
2016-09-14 14:26 | Report Abuse
Developer interest rates too high for ordinary housebuyer. Cabinet most likely modify the proposal (based on REDHA/HDA/ABN )
2016-09-14 12:09 | Report Abuse
BuywConviction - only reasons bestknown by this group screaming and telling people market collaspe. if market collapse bad for evrybody. businessmen, workers , banks, developer. there is a chain effect or dominino effect ( even housewife and hawkers are not spared
2016-09-14 10:45 | Report Abuse
francishuat- i like the word attention (wHore). but the ladies of the night need not seek attention. the bees will flock to flowers ( not need to seek attention )
2016-09-14 10:21 | Report Abuse
market is bad because of external factors. US rates , wall street and of course ( our own peculiar factors ) Malaysian politics etc etc. remember 9/11, Lehman bros, US subrime, PIGGS debt crisis, Greece default and of course Brexit. the market will always present a buying opportunity. Let the doomsayers sell their house, cars and moved to the Artic island ( frolic with penquinns). happy trading
2016-09-13 16:14 | Report Abuse
August exports jump 31%, closing stock down -17% at 1.46 Million tonnes. ( less than 1 month hold holding stock ). B10 bio-diesel kicking in. Ringgit drop 4.12 to a dollar. everything looks positive except FGV price ( maybe still in a holiday mood )
2016-09-13 14:40 | Report Abuse
buying and flipping is 2 different thing.if your price target is above 60 (AAX) then a few cents gyrating here or there doesn't makes any difference. whereas those T3 or T4 need to clear their position whether they like it or not. Happy trading
2016-09-13 14:26 | Report Abuse
gambling is a bad habit. keep repeating to my friends or whoever i met. Genting Casino( sad ) alot of people get burnt or mauled at the casino tables. yet people will never listen.
2016-09-13 14:12 | Report Abuse
20% margin is above the norm. well done
2016-09-13 14:09 | Report Abuse
Ringgit drop sharply against the USD . last traded at 4.12 to a dollar. good for CPO and exporters but a burden for parents having children studying overseas
2016-09-13 11:03 | Report Abuse
cracy 127- you have missed out Public Bank,KLK or UP ( this are blue chips too )
2016-09-13 08:32 | Report Abuse
Richkid-Yes. Federal Reserve ( Janet ) is very cautious on any rates hike. US Economy is growing but the world's full of uncertainities.
2016-09-12 08:41 | Report Abuse
today is a holiday no trading. just to sidetraked. I am not married to MBSB ( but smitten by her positive outlook}. She is good with my money. short term can maintain her. long term? depends whether you are looking at 3 months or 12 months . sounds like a play-play. no just waiting for next material girln happy holiday
2016-09-12 07:38 | Report Abuse
first. Janet yellen is not going to raise the rates in September. what the Boston reserve suggested is U.S. rates cannot remains static. we have seen the rates in negative till now for a period of no less than 7-8 years { starting from the subprime crisis}
us election is in November. any move by Janet may deem detrimental either
to GOP or democrats. In Us everything has thier check and balance. no one person can decide any policy matters. the Fed reserve chairman is nominated by the US congress to regulate banks and policy matters and consist no less than 12 committie members. Boston is one of the council member.
they may raise the rates but the honest truth they U.S. has already factor in most central bank risk. the Us { obama }at this point of time is a lame duck.
waiting for his time
2016-09-10 12:56 | Report Abuse
I had a naughty dreams what happen? if unseen hand push FGV from 2.3 to 4.50 on or before GE 14 { nov 2017} what will doomsayer says
2016-09-09 17:53 | Report Abuse
L0099 - or turned into a full fledged Islamic Commercial Bank ( 45 Branches ) either as a stand-alone or merging with other Islamic banks
2016-09-09 14:09 | Report Abuse
this is just my personal view NOT an inducement for anybody to buy or sell. Just sharing correct me if i am wrong . Happy trading
2016-09-09 14:03 | Report Abuse
cant do any worse than Mohd Emir. least buying overpriced plantation land (eg Indonesia and in Sabah, peanut oil factory in China) Sugar segment under FGV should be the star player (after Government lifted mandatory price control )
Zakaria is a 2nd generation Felda settler. Well versed in downstream operations ( products and trading) compared to others. So far so good. Ah Jib Gor also under presuure. FGV after listing 2012 slid from 4.5 to 1.30 . Felda settlers borrow loan to finance the FGV shares. they are still paying instalments to Bank Rakyat .Zakaria mandate is to turn around FGV price and performance. nothing more nothing less. this is my personal view
2016-09-09 12:29 | Report Abuse
never sell your house , car, or mother in law (opps) to buy shares. buy within your limits and never borrow from ah long
2016-09-09 11:57 | Report Abuse
FGV was bashed down by reasons best known by the previous CEO. Under Zakaria (new CEO) his KPI is return FGV to the lime light ( pre IPO days ). At a recent interview (Zakaria) price of FGV gave him sleepless nights. Now he need to make the FGV turn around in performance and share price
2016-09-09 11:12 | Report Abuse
Mohd Sanusi- Wow ! good price. myself not that sharp. bot and sold FGV few rounds. Holding now between 2.02 -2.05, the other day bot additional at 2.22.
2016-09-09 09:08 | Report Abuse
EPF holds 65%, CMY holds 6% other Glic another 8%. thier rights subscription cum bonus is at 64 . for them to average up they know something we (average joe ) are not privy to. happy trading
2016-09-09 09:05 | Report Abuse
GLic is holding FGV shares from day 1. IPO price at $4.50 ( even if they average down less the dividends) their holding cost is well above $3. With CPO prices recovering. generally upstream planters should be doing well. Why ? should the GLic sell now
2016-09-08 16:22 | Report Abuse
plantation counters is seen in a positive light following CPO price recoveries. from a low of $2,200 a tonne now has touch a high of $2,900 per tonne. how much profit margin subject to individual cost of production.
IOI , KLK or Sime the low cost planter. their cost of production is around $1,400-1,700. FGV ( replanting) thier cost is higher maybe says $ 1,700- 1,900 per tonne. but the margin of profit is still substantial. Above figs are before taxes. This is my personal view.
2016-09-08 16:13 | Report Abuse
rights issue at 10 ( 3 R cum 2 free warrant ) wait for company new direction at property
Stock: [CAPITALA]: CAPITAL A BERHAD
2016-09-22 10:17 | Report Abuse
you missed some and you hit some. market is too big for any individual except say GLic ( PNB, KWSP or KWAp ). who are we to say we are 100% accurate in our forecast.
Bursa market is more localised than what we think. Majority of the blue chips are controlled by funds and GLic. perphas with the exception of Ace counters.
If Government wants to peg the market at certain level they can just flick their fingers. KWSP is one of the largest retirement funds in this region ( notfor getting Tabung Haji and KWAP ) Need we forget we also have value cap and PNB.
Their principal activities are investment. Happy trading