felda settlers only gets $5,000+5,000+5,000= $ 15,000 plus 890 FGV shares. this is their share of FGVH listing proceeds for the 200,000 settlers.

before GE13. government will do their outmost to keep FGV prices up. the recent quota adjustment . additional 2million tons tax free export permit for selected companies ( FGVH included) is to bring down the CPO end month stock inventories.

with the US mid west drought. corn & soybean plantings are severely affected. the spread bewteen soy oil has widen to USD 200-220 per ton from USD 150-160 in june.

it's matter of time demand will be shift back to palm oil. nonetheless, this is my personal assessment

sideways market neither here or there. investors tired of GE13 waiting game. need something to kick start. if not stay out. no need to trade every day.

technology is moving very fast. JCY is mainly centred on HDD. players are migrating to SDD. There is always a market for HDD but look at NOKIA. 4-5 years NOKIA was was the market leader. now its SAMSUNG followed by Apple

credit cards is the meat for the bank financing. BNM is closing their eyes on credit cards interest rates. it's day and night legalised robbery by the banks fixing rates at between 15% -18% p.a.(excluding whatever charges they can debit to your account)

to be fair. the construction sector has been under performing (due to lack of major projects for the past 2-3 years) compared to the price up ticks enjoyed by the banks,plantations and other GLIC heavy weights.

hopefully, with the upcoming GE13 elections more projects will filter thru the pipelines. we need to be patient but optimistic about the construction sector outlook.

asian market & local KLSE closed lower partly influenced by the never ending SPAIN debt saga.

GE13 is coming ? rumours are plenty but nobody can confirm the dates. the market is getting tired & lethargic. maybe the BN will push the market for Raya? Nobody knows. the private retirement scheme will be launch on September

DJ is still waiting for QE3 from Mr Ben (Fed Reserve). US Elections is in November. Obama is making sure any QE3 will filter thru for his re-elections.

be realistic. the first level to break is at $2.80. then we can talk about holiday destination. meanwhile get your bags ready

basically profit taking. the market cannot move (upwards) in a straight line. we need to take into account T+4 duration ( ie.previously at 2.44-2.50 price range)

our investment outlook should not confine to contra play. we need to have a broader horizon if we think the counter has potential to give us better return. this is my own viewpoint.

NYSE or overseas is more intune with program buying & selling. their market capitalisation is huge. the software will assist their traders to arbitrage(betting) between different markets.

look at baring bros, lehman bros. this are big investment banks but floundered because ill conceived hedging. the earthquake at Japan kills the nikkei and Baring bros together (throwing all programs out of the windows).

lehman bros died because of subprime underwriting in the US ( plus fed reserve refused to step in). this are things the program have never anticipated.

trade big can also lose big. look at LIBOR even HSBC are part of the groupings rigging the inter bank rates. maybe the movie WALLSTREET is not a fiction.

market trading relies a bit of luck plus alot of hard work. you dont invest with your eyes closed hoping for a windfall. you need to open your eyes and ears WIDE.

look at market trends and external factors. unless you have deep pockets like warren buffett or PNB. dont ever average your losing stocks. your investment risk and holding powers (period)is equally important.

the best investment tools cannot help you if you are the panicky or act or impluse. it's safer to invest in mutual funds (long term) rather than play the market. this is my personal opinion. no offence to anybody

GST is something not everybody will welcome with open arms. GST rates normally inch higher and the base broaden (ie. each time the Government try to widen their receipts)

sale of petrol, foodstuff , cinema tickets, medical, transportation all will be affected. the rates can inched up from 6% to 12%. think carefully before we support such a move. this is my personal opinion.

WCT has a trading buy at 3.20 ( given a slew of projects awarded) nonetheless, t2.80 is the immediate price target. happy trading

EPF (treasury) trades KLSE stock on a a daily basis. they have different portfolios. one for long term capital gains and another for dividend plays. trading forms part of their equity structure. they will lock in or rebalanced their portfolios as and when they required.

it's good to have a working knowledge (on the topic) instead of relaying 100% (trusting) on the trainers. the banks or investment house talk (FOC) is a good source of information. if it's too good to believe than be wary (cautious) on the program and training

property counters maybe rich in assets but prices do not reflect their net worth (value). we call it value traps ?

everyone thinks he or she can outsmart the market. nonetheless, timing and the entry level is equally important. there's NO such thing a sure winner. your holding power and your expectations plays a part too. some stocks are dividend play , some are short term, some are pure speculative. everything depends on your individual risk tolerance.

WCT is a good counter. construction, mall owner, property development and GLI (thru EPF). Nonetheless, construction & property counters are cyclical in nature. need to be patient and wait at after least GE 13. nothing is moving at this junction. everybody is waiting. nobody wants to bet on a wrong horse. this is my personal assessment

the coming budget 2013 may have some goodies for downstream players. FGVH and other plantation houses may benefit from the government new tax related incentives.

this is in response to the Indonesia cut in their duty structure for processed palm oil. Malaysia exporters have complained to the government numerous times thru MPOB.

the incentives may not be direct tax cut but indirect incentives to boast FGVH overseas ventures.

OSK confirm they will not be classified under PN17 by SC after the sale to RHB

based on the EU policy makers, they need to be very accomodative to stimulate growth. US elections is in November. Obama needs to pump up the economy. all things looking good (short term) ie. between July - September. Happy trading

KCLOh thanks for the reply. nonetheess, value-investing is not our Malaysian punters way. Warren Buffett has deep pocket. his investing style is long term (minimum 4-5 years holding)plus he tends to average out his stock picks whenever there is a dip in pricing.

not many punters have deep pockets. we tend to lose out compare to the funds manager (ie. holding power plus diversified portfolio). whereas the average local investor can hold (maybe) 8-9 stocks maximum for 6-12 months.

the man in the street tends to cash out early but hold on to their losses which is the exact opposite of the funds management. let your winning runs but cut your losses early. local players always lives on hope. correct me if i am wrong

KCLoh comment on(FGVH)is informative but people have a herd instinct mentality. when prices of FGVH is rammed up. eveything else becomes secondary.

fundamentals will tends(disagreed) and lose it edge when it come to momemntum plays. market sentiment is equally important when it's come to timing

KLSE may benefit(inflow)of fresh funds after the listing of FGVH. the coming IHH listing will ensure the funds pepople pretty tie up. hopefully means better volume and valuations.

FGVH is a strong GLC counter. the Macquarie report sounds too bearish. the BN (Najib) will ensure the feel good factor ( will prevail)meaning the FGVH price will be holding up ( at least till GE 13)

market performance is really unpredictable. analyst may said one thing but market may decide otherwise. calculate your own risk.

External market is not looking good but-but our local market (KLCI) is hitting a new high at 1,610. Something is not right. need to be cautious. better be safe than take any unnecessary risk. Government may support the market but again only limited to GL counters and blue chips. this is my personal opinion. go slow in this kind enviroment

1600 index. need to be cautious. index linked stocks (blue chips) may trend higher but other stocks may not follow same direction. monitor the volume flow

another possibilities is the 60 acres land parcel deal (Jalan Peel)KL centre awarded to BSTEAD

we need to see the difference between trading and investment. investment is for dividend plus capital gain. the holding period is longer ( eg. maybe 1-2 years)

trading is more flip over stuffs. take profit as and when opportunities arises. remember the mantra . let your profit runs and cut your losses short.

there is big differnece bewteen funds investings and our own money. they have deep pockets and they can average and choose many counters. whereas (my) bullets are limited.

BSTEAD is one of the many GLIC counters. back by LTAT and run by Tan Sri Lodin. BSTEAD core division is involved in plantations, REITs , Finance ( Affin), Healthcare ( Pharma), Manufaturing , Petrol Retailing ( BHP), Industries ( BHIC @ Ship building) and Property Development. Good Dividend play & benefit from key ETP program

all investment funds have the country allocations . among asian countries, the biggest beneficiaries ( not dollars ) goes to China, Singapore, Hong Kong, Taiwan, Thailand, Indonesia, Vietnam. Malaysia is not on the preferred list because of our policy restriction on foreign ownership.

(rumors) that Pahang, NSembilan, Malacca ,Sabah and other states (except PR states)are asked to take up equity stakes in FGVH IPO listings. You need to digest the figs. Good luck and Happy trading

Pricing and PE ration is equally critical. the company can be assets rich but dividend wise ??? no information available on the IPO. eg. dividend policy or their profit forecast

my personal opinion is not to hold too many counters ( maybe 4-5 counters max). if there is a sell down at least we can try to formulate a exit plan. cut losses within a certian price range. too many counters we tend to lose our focus.

FGVH is not any ordinary IPO. FGVH is a marketing strategy by the Federal government (BN) to unlock the value of the Felda assets.

Government has secured 10-12 corner stone investors to support the FGVH IPO (post) listing pricing. 6 month moratioum is imposed on the cornerstone investors.

names like tabung haji, LTAT, EPF, PNB, Chu ma yu, Quek leng chan have deep pockets. they can hold and support the intial post IPO pricing.

timing is important. Greece is having their election on June 17 and the result will be out on the 18-19 June. FGVH listing is on on June 28.

keep your fingers cross for the G7 meeting. result will out by tonight.

FGVH is no doubt a BIG corporate exercise by the Malaysian Government. I also believed the IPO price ($ 4.55) will be well supported.

with the Bulk of the shares offer to Corporate Institution and 10 - 12 Corner stone investor (holding moratioum for 6 months). the post IPO pricing may be between $ 5.00 -5.50.

the pricing concern is FGVH tree profile. With more than 50% of the 300,000 ha planted between 20 - 25 years. It will be less competitive compared to other plantation counters.

FGVH needs to spend more or their tree replanting in the next 5 -6 years compared to other companies. KLK or IOI has less than 5 % - 10% of old tress.

The other concern is that FGVH has no given any profit forcast in their IPO propestus. To work on FGVH price earnings , we need their forecast figs for at least the next 2-3 years.

Apart from the above issues is the current downtrend on CPO prices. Currently prices is trading at RM 2,950 per ton compared to RM 3,500 per ton in April.

mahes - there is always opportunity to pick up GOOD counters when the market is down, you need to hold & invest for long term and not hope for a quick rebound.

the extenal market (Eurozone) looks bad. cherries picking ?? prepared to hold.

trading is not everybody cup of tea. out of 100 traders maybe 2%-5% traders are really successful.another 20% just tagged along. the rest 70% tends to lose money.

attending seminars may broaden your knowledge & workings but-but (do not make you a winning trader). trading relies 10% luck, 90% hard work (research on market)

forget about million dollar trading formula or 100% guarantee result. it's your money and your own risk taking. a bull market everybody makes money. what's important is your own self control.

you dont have to trade eveyday. just like a poker game. you only play when you have a winning card and not every draw. pick the timing to enter the market.

go for it when the market is good. sideline if sentiment is bad. this is my personal opinion

you need to understand the basic fundamentals before plouging in. do not go in with your eyes closed. market sentiments, external factors, PN 4counters, turn around stories, mergers are all part of the game. look at the bigger picture if you have the resources. everybody have the favourites but the most IMPORTANT issues do not over speculate. trade within your means. loose what you can afford. nEVER borrow from ah long

the investment betw. unit trust and individual stock is a different ball game. when you invest in unit trust, you cannot expect any return for the 1st-2nd year. you only (hope)for their cash distributions or unit split.

individual stocks, (if) you pick the right counters you can trade & ride on the momentum and make some (quick) money from the counter. fast money and savings is entirely different.

individual unit trusts cannot be switch and profit from the any market uptrend. the profit is entirely taken up by the initial high sales charges (imposed upfront). Malaysia got the highest (loaded) upfront charges of between 5% -7%

ASM or ASB is the better choice if compared to unit trusts. guarantee income and stable distribution if you are from the point of savings. share trading is a risk we need to address ourselves.

unit trust investment is suitable for those with long term views ( minimum 3-5 years) the only complaint is the high sales charge imposed by the unit trust companies. in Malaysia(between 4% -6%). in singapore or US the sales charge is only 1% - 2%.

Jackie Su -Public bank , CIMB, Maybank, UOB Bank offers Gold saving account. More reliable compared to those Gold Bars (Multi level Marketing Scheme). Banks spread between buying and selling price is between RM 5-00 per gram. Minimum investment is (start off) 10 gm. there after you can top up. but remember no interest is paid on the Gold saving account

gold is a commodity compared to the USD (fiat currency)or any currencies. what's happening is high risk aversion over the Greece inability to form a government (calling for new elections).

if Greece defaults on its debt and exit the Euro zone. there is strong possibilities that Spain and Ireland may follow suit. the contagion effect on the European Union and other markets will be severely tested.

Germany and France do not see eye to eye on the EU austerity policies. both IMF and ECB heads is nominated by Germany. it will complicated the entire decision process. the EU blocks consist of 17 different members.

in turbulent times, people will look at the USD and Gold as a safe haven. this is one of the reason why there is strong a demand for US bonds. hopefully GOLD will also benefit.

Boustead is a diversified group. main interest lies in plantation, finance (AFFIN), property development, heavy indutries ( BHIC), petrol retailing ( BHP Petrol), manufacturing, Pharmaceutical, education (Nottihman) and REITS

Strong backing from LTAT(Armed Forces). Tan SRI Lodin also Board member of 1Malaysia. one of the most under valued counters. but shares are tightly controlled. one of the key reason why this counter is underperforming.

lotsofmoney. please dont sell your house and buy Maybank even at 6.00. never put everything in a basket. remember market come and go. there is always something UNPREDICTABLE. murphy's law ha-ha-ha

bargains are there? but are we prepare to hold & ride out the down turn. The Euro zone is still a mess better sideline and wait for a clearer picture. market rebounded more on technical than fundamental. GE13 is already price in. cheers