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

FGVH listing is a marketing (publicity) strategy for the BN to lock in the Felda settlers votes. the Felda (Risda) votes has an effect on at least 50-60 parliament seats (out of 222 seats). this block of votes is substantial to tilt any balance (shift) in power. PR is also working very hard to gain (part) of the voters share.

Felda/Risda was previously under the Ministry of Agriculture portfolio. but knowing their importance, now (Felda/Risda) is both under the PM Department. BN understand the importance of securing this block of voters. politics far out weight under business considerations

my personal opinion - is dont trade if the market conditions is unfavourable. trade only if the sentiment is good. rather hold the stocks during good times rather than choppy (bad) times. we won't know things can be better or not. this is the risk you need to take (assess).

it's always good to know how the market might react to certain circumstances. it's never hurt to acquire knowledge but do not put all the eggs in one basket. the market is always full of surprises. happy trading

good for FGVH if Louis Drreyfus is tie up as an strategic partner. but-but Felda is already tie up with Cargill in Malaysia. unlikely Louis Dreyfus ia agreeable to this arrangement

rsawit trading sideways. needs time to digest & moved on to next level. consolidating at 1.08-1.10. next target price ? $ 1.15-1.20

OTK is Ex-MCA president. Ask yourself any good reason for him to join the oppostion now. Look at Chua Jui Meng. Neither here or there in PKR Johor. Personally i dont think OTK will join PKR or DAP. He stands to lose more than he gain.

in politics, there is no right or wrong decision. it's matter of balancing (compromise) between the majority and the minority. a good politician will always work for the next elections. a good statesmen will work for the next generation.

market is oversold but the million dollar question on everybody mind is the impending GE13. Bersih 3 is on tomorrow. play safe stay out of the market. nobody knows what will happen or what can happen?

rubber glove producers - profit margin is based on the raw materials cost (40%) & cheap natural gas (12%). any incremental cost ( additional/lower)will affect their bottom line.labour cost per line will depend on their efficency and scale of operations. location is also important . Thailand cost of production is lower.

KLCI support is weakening except for the index linked counters.Foreign Funds were net Buyers for the past 15-21 days. Spain & latest Denmark affected by the on going instability. Sell in May may come true if China again showed negative (marginal) growth in the latest quarter.

Best (side-line) and wait for opportunity before fishing in the troubled waters.RHP Cap still uncertain on their merger with OSK. MAS bleding. ETP uninspiring and with GE-13 dates pending. Your guess is as good as mine. Cautious is the key in this uncertain times.

look hard at the calender. GE13 is coming.Parliament needs to dissolve and BN needs to fine tune its machinery. 21 days notice (minimum) for the EC to issue notification. can it be June 11 ( a monday) ?

looks like Foreign Buyers are more positive on our local market. Nett buyers for the last 16-21 days. waiting for GE -13 to lock in their investment.

canone - start moving up. strong possibilities of the Block of kian joo shares finally transfer to Can-one. With the kian joo shares in their bag they can finally account for their profit in Kian Joo and Boxpax (pro-rata) for the last financial(2011) year.

canone.... maybe this round they got it right. kian joo is their price jewel. after federal court cannot appeal anymore. share registrar just want to cover a---hole

what happen to RHB Cap. shares not moving

remember 2012 is an election year in the US (and in Malaysia) Obama (Najib) will do everything to win. Fiscal policy will be very accomodating. enjoy the ride while the going is good

cheers

Boustead holdins is one of the underrated counters. potential earnings derived from the PV orders(BHIC/BNS). strong catalyst growth from their land development plus LTAT backing.

jokes aside. GE13 will affect the politicians. the man in the street after casting their votes still need to work and earn their livings. post elections result ( just like Lehman, Baring Bros, EU debt crisis) will have a direct bearing on the market. life still go on ( after the election)

post GE13 ?
1. who wins the GE 13 ( BN or PR ). bad for the market if a hung parliament

2. poll result not important but who forms the Federal & State govt will impact the market

3.New policies ( Good or Bad ) will hit the market

4. FDI & funds will take profit and stay sideline before election

5. External factors will also have impact on the market direction