The local institutions are selling to foreigners...

Local institutions (most of the govt linked) are net seller's, foreigners are net buyers...go figure. I think we might as well pack and migrate to Singapore or HK.

No wonder EPF has also been busy selling these days....

Go with the flow...

Its all manipulated...the whole market is prone to manipulation by a few big bullies...

Tebrau

Nothing worth reading...

The bad news is that big boys are forcing the prices down...
This msrket is manipulated by the bullies....

The govt big boys are selling off some of their prime counters like UEMLand, MRCB...so how can small fries aka retailers have confidence in the market..
Lots of buying volume, but nobody wants to take the step forward in fear that these big bullies throw down the market..
Maybe they need funds for upcoming GE or even Felda listing??

Kalau EPF jual, apa maksudnya? Mungkin kaunter ni tak boleh diharapkan lagi...melainkan KL Sentral, apa lagi mega project yg ada? Sg Buloh pun bukannya MRCB dapat semua...

Currently, this counter has no backbone...it can't hold onto any daily price gains at the moment. Despite being controlled by EPF, it is performing like a sick child.

So what's in it for minority stakeholders?

UOB Gold account

Same old same old...these so called knowledgeable researchers won't always give us the full picture until after the event has occurred. Old news is no news

The warrant is trading at a discount now...maybe a cheaper entry.

New owners now...any problem for minority shareholders?

bro chong, what about KPS other relatives...Puncak and KHSB? are they now sidelined?

Don't bank too much into this counter...it is similar to PMInd

Preve...sounds more like Peeve..

EPF is sitting on a gold mine with the Sg Buloh land which is rumored to be min valued at RM70 per sq ft. Lots of profit there.

You believe these research houses??

Don't be too sure the MD won't make another slick move and sell off the shares when ppl push the price higher.

kongtl...you ask your good remisier friends-lah. They shud have info mah.
dknycom...how you arrive at TP 30 sen?

Jangan beli kereta baru, especially not Proton...takde re-sale value. Better look for 2nd hand good imported car.

PNB and EPF possibly given up on local equities and using the sale proceeds to buy foreign properties instead.

This counter takde resources ke?

Yesterday AGM...revenue hit 1.2B and PBT surpass RM100M for 1st time. Dividend a paltry 2 sen/share. This counter 42% controlled by KWSP mind you....maybe they don't have confidence in the stock!?

Better change the title to Malaysian Resources lose 1.1%...stupid counter

Its all a game..either you win or you lose. That's all!

Tend to concur with Sis sushi, it will need a bit more time to lick its wounds and nurse its bruised ego after all the hype.
Don't lose hope of a rebound but same time don't expect major price uptrend.
Always take comfort that a quality stock will find its way upwards...thus dont fret too much, folks.

The other brother of KHSB and Puncak

What now that we have attained a new high?? Will this act as the catalyst to push other quality stocks higher in the coming days, as well? Or is this just another charade played out by our beloved govt?

Nice article Alex. It reminds us that this market is artificially pumped.. BTW, the professionals are always at a loss becos they contradict each other and confuse us mere mortals.

As far as I'm concerned, no point being the most tweeted if it cannot help push the prices upwards.

Don't believe all that is said by research houses...remember who are their main pay-masters...information is crafted to suit the situation.

Blue chips led the way to propel the index above 1600...if this rise is for real, then it needs to stick and not fall off the perch immediately, thus more index linked counter price support will be pushed up.
I see rotational play coming into effect...after blue chips, quality mid caps (especially govt linked)...

Don't count on it DKNYCOM...not by next week, I doubt it. It wud be nice, but don't think it will break 2.70

He's borrowed these from articles he's read., nevertheless good attempt

All it takes is a bit of confidence boost to lift the mood of the market. This is sorely lacking ever since EPF went on their selling spree....

That means HOLD

I thought they said it is a good counter....see what happens!

Gone down like the Titanic...Well it was good whilst it lasted though. Many of us made handsome profits when it was HOT...but its the reverse for now.
Anyway, KHSB/Puncak/KPS not the only counters to sink...almost every other so called "quality stocks" also faced selling pressure...So can take heart that this downtrend affected all. Be patient, sit tight and wait diligently for the rebound. Markets cycle behaves like that...up and down and up again...

In company tak boleh harap le...apakah kekuatannya?? Takde

Yes, that's good observation. When market showing signs of fear and despair, smart money start to accumulate..whilst when people exhibit greedy behaviour and chase up stocks, smart money vacates the scene.
So, are we going to see the market rebounding with some serious buying soon?

Bro chong, don't you think its a bit premature to talk about "it moving up further?" for the time being. Let's accept the fact that it is badly mangled now, let the stock lick its wounds first, recuperate, before mounting another challenge.
Bro fzank: Good idea but advise not to over commit and spread out your resources too thin.

Good for you.

yeah bro chong...what's up (or shud I say, what's not down?...yet)

Don't hold your breath Jjtrader...

Don't waste time and public funds MyCC

Suspect insiders selling off as they need the cash for other "expenses"