YTL, YTLPOWER, MCEMENT, HUMEIND, BPLANT and SUNWAY all having bull run.

Look at No 65.

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Ooi Teik Bee (OTB) comment:

Foreign funds are net buyers in KLSE for the last 4 weeks, hence KLSE is bullish now.
I believe huge foreign investment funds (in terms of billion of RM) will pour into Malaysia economy after these 6-state elections are over on 12/8/2023.
Hence I expect KLSE will be a bull market in the second half of 2023.
Please note that the stock market is always ahead of economy.
Thank you.

Ooi Teik Bee said will have bull run in 2nd half. He has recomment YTL and YTLPOWER to his clients. Where got bull run. Both YTL and YTLPOWER are red. And there are 370 stock down and only 187 stocks up. KLCI down 2.93.

Nevermind still got a bombastic quarter result coming.

US markets continue to be in red. Hopefully hng33 midas touch could make YTL continue to go up to break the resistance RM1.35.

hng33

added more at 1.28

Thank full he has returned.

But after hng33 comment that the coming quarter result will be bombastic for the final time for YTLPOWER, I have shifted all my YTLPOWER shares to YTL.

YTLPOWER number of floating shares is lower than that of YTL. So, YTLPOWER can be easily manipulated.

@pang72, the results is on 25 August 2023. Only 7 market days left. 1.31, 1.32, 1.33, 1.34, 1.35, 1.36, 1.37. After that (result annouced) 1.47.

HumeInd hits a new 52 week high of RM1.88. Sold all at RM1.86.

Closed at RM1.77. Tomorrow (16 Aug 23) RM1.78 is a resistance.

Bombastic results on 25th August 2023. Should be able break RM1.30.

The 9.5 sen dividend is for 2024 financial year. If this 4th quarter no dividend, I will feel very disappoint.

Now that states election is over, Anwar said back to work for to rakyat. Not only HSR, MRT3 also not yet released.

https://www.bursamalaysia.com/bm/market_information/market_statistic/securities
Thanks: goody99

For the time being, the temporary RM1.70 resistance is crossed. The next very, very ... big resistance is RM1.78.

@goody999 or anyone, may I know how to go to message?

How come Ooi Teik Bee knows the net buys/sales of foreigners / local institutions / retailers daily report? Do anyone knows the link?

Ooi Teik Bee asks for excellent results for the PH_BN for a bull run. So now how?

States election results: 3 - 3 with lower number of seats for PH_BN. Is this results OK?

We wait for the states election results on Saturday. PN is expected to win in Kelantan and Terengganu. PH_BN is expected to win in Penang, Selangor and Negeri Sembilan. For Kedah, due to the Sanusi issue, I think it is 50:50. Thus, it will be either 4 for PN_BN and 2 for PN or at worst, it will be 3 for PN_BN and 3 for PN.

The bombastic 4th quarter results will only be reported in the second half of this month. It is better to bargain hunting now at RM1.60 rather to chase after it crosses RM1.68.

Dear hng33, may I know how you spend your time looking at inactive stocks?

Sold all at 1.18. Shift to HUMEIND.

https://www.youtube.com/watch?v=cdeh3LS-XAA

T + 3 for Monday's surge over. See how it goes.

Break 1.20 only for 1 second. Then go back down.

US markets all red red, waiting for CPI data. I am surprise why the concensus (expectation) is 3.3. Previous month it had dropped from 4.0 to 3.0, and now it is 3.3 which is higher than 3.0.

@ Dakelest, can you please key in 'Wilmar to bid for bplant' in Google Search.

Maybank Investment Bank analyst advised shareholders "to hold out for a potential general offer".

Boustead Holdings Bhd has clarified on June 20 that it has not entered into any agreement to sell its 57% stake in Boustead Plantations.

The term used is "has not" and not "has called off". Everyday seeing the price of BPlant fluctuating between RM1.17 to RM1.19 is very stressful.

YTL believes the current government will return to business and accelerate project flows post the state elections.

“The bid for Boustead Plantations is related to the expansion of YTL data centre business,”

It is like time bomb. Another 12 market days needed to break RM1.20. (Last time it took 13 market days to break RM1.10). But that is not what I want. I want privatization of BPlant where the price shoots up to above RM2.00.

Dear calvintaneng,
How big is the probability (in percentage) of Stage 7 (LTAT outright sale of BPlant)? You are a big investor of plantation stocks.

Dear calvintaneng, the coming 2nd quarter results of BPLANT is expected to drop due to the price decline of CPO (Crude Palm Oil) and small percentage of FFB (Fresh Fruit Bunches), right? The surge in its share price is only due to speculation that it would be privatised, right?

US Federal Reserve and major central banks are at tail end of the current monetary policy tightening cycle amid easing inflationary pressures and this will boost global share markets.

hng33

Historically, the Malaysia Stock Market (FBM KLCI) reached an all time high of 1896.23 in July of 2014.
Ooi Teik Bee

I believe a bull market in KLSE will start in the second half of 2023.
This bull market will last a long one since KLSE was in a bear market in the last 10 years.
KLSE cannot be a bear market permanently, it is too long, a bull market will come back soon.
We should see the light at the end of the tunnel, a few good signals have appeared.
1. The Malaysian economy expanded by 5.6% in the first quarter of 2023 (Q1 2023), comparing favourably with regional growth such as Indonesia (5%), China (4.5%) and Vietnam (3.3%). The Q1 2023 growth performance contributed strongly towards the achievement of the 2023 whole year forecast of 4.0% to 5.0%. To me it is good news and it should benefit the performance of KLSE.
2. I believe our unity government will perform well in the 6-state elections to convince all investors that the worst is over. No more perception of unstable federal government.
3. The latest report on US dollar index, the index falls below 100 points. It means the USD will drop further against RM. The conversion of USD to RM is at 4.53 today. It means foreign funds will stop to flow out from KLSE.
4. The economic data of Malaysia showed a big improvement in May 2023, the inflation rate is reduced to 2.8% which is a good news to KLSE.

Good luck to all investors, hope a bull market starts in KLSE soon to help all readers to make a lot of money in the next 2 years.
Hope to see more millionaires are produced in KLSE, do not believe other stock markets are always better than KLSE.
It is a matter of timing only.
Thank you.
Ooi Teik Bee

The general election results is expected that PN will win in Kelantan and Terengganu. PH_BN is expected to win in Penang, Selangor and Negeri Sembilan. Kedah is 50-50. If PH_BN can win in Kedah, then it is a bonus to PH_BN.

Today (9-8-23) before 5 pm, all contra players for the huge volume and price hike on Monday (7-8-23) must sell. If not, force selling on Thursday before 12 pm.

Panic sell all my YTL-C62 at RM0.16 after hng33 news.

Hmmm, go back to last time. Everyday 1.08, now everyday 1.18. I may take a few days to break 1.2. Hopefully, there is a deal.

@ sg999, good that you buy call warrants. Short term it is better than mother share.

@Johnzhang, agree with your opinion.

All in at 1.18. Let us hold tight tight until the privatisation process is completed.

NTA of BPLANT is RM1.30. Following IJMPLANT, 1.9 × NTA = RM2.47.

Nak tukar kaunter, tak sampai hati kerana laporan kewangan bagi suku keempat semakin dekat.

YTL, bila mahu bangun? Jurang perbezaan antara YTL dan YTLPOWER makin besar hari demi hari.

For me, I will wait for the 4th quarter results and dividend on 25 August 2023.

@Poh Eng Seong,

Over the other side (YTLPOWER), it says "2 new power units announced so far, one being the 600MW hydrogen-fuel ready unit, another 600MW unit as an open unit solicited by the EMA targeting completion by 2028." Don't know can keep or not?