Locals r selling n foreigners r buying....mmmmmmmmmm

BIMB Securities Research said after the rally on Wednesday, which was led by plantations and banks, due to strong foreign buying, it expected volatile trading. Net foreign buying was RM202.3mil while local funds were net sellers at RM171.1mil.

KUALA LUMPUR: The FBM KLCI dipped in early Thursday trade on expected profit taking after the recent rally which saw foreign funds emerging as net buyers of Malaysian equities totaling RM202.3mil on Wednesday.

.......by end of this year........

Earlier it was in d media that klci anticipated to hit 1930..looks likes may happen!

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rallied for the second consecutive day, influenced by positive comments from industry expert Thomas Mielke.

Phillip Futures Sdn Bhd derivative product specialist David Ng said Mielke predicted CPO prices would hover between RM2,300 a tonne and RM2,500 a tonne in the first quarter of 2015.

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rallied for the second consecutive day, influenced by positive comments from industry expert Thomas Mielke.

Phillip Futures Sdn Bhd derivative product specialist David Ng said Mielke predicted CPO prices would hover between RM2,300 a tonne and RM2,500 a tonne in the first quarter of 2015.

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rallied for the second consecutive day, influenced by positive comments from industry expert Thomas Mielke.

Phillip Futures Sdn Bhd derivative product specialist David Ng said Mielke predicted CPO prices would hover between RM2,300 a tonne and RM2,500 a tonne in the first quarter of 2015.

Brent rises above US$87
30 OCTOBER 2014 @ 1:23 AM

LONDON: Brent crude oil rose above US$87 a barrel yesterday as traders anticipated that the Federal Reserve would keep US interest rates low, putting pressure on the dollar.

The Fed is widely expected to end its two-year-old bond-buying stimulus programme, but to reiterate a cautious stance on raising rates, when it issues a statement at 1800GMT.

“We’re likely to see a slightly weaker dollar today, if the Fed is as dovish as expected, and that will support oil prices in the short term,” said Michael Hewson, chief analyst at CMC Markets in London.

A weaker greenback makes it easier for global consumers to buy dollar-denominated commodities such as oil, boosting demand.

"OPEC's average price will still be $100 at the end of this year so we are fine for 2014," he said. "The fundamentals do not reflect this low price."

He has to say on 18/11... perhaps waiting for this day?

If Dow up simultaneously Klci goes up n palm oil price does affect d Klci which is d truth.Market capitalisation of palm oil stocks holds a high% of Klci.Don't forget during d Asian crisis palm oil price then was about 3000 saved our economy to a great extend.In Suma case besides crude oil price we r looking forward to hike in palm oil price which will push Klci n Suma may also go up..if anybody feels its a joke then treat it as a joke nothing lost..tks.

KUALA LUMPUR: Plantation stocks advanced on Wednesday, as investor sentiment was underpinned by the B7 biodiesel plan and upswing in crude palm oil (CPO) prices to the highest since August.........@ring catalyst for klci but what happened to Suma?

TOKYO: Asian shares advanced to one-month highs on Wednesday, helped by Wall Street which gained on optimism over corporate earnings and prospects the U.S. Federal Reserve will reaffirm its willingness to wait longer before raising interest rates.

Solid Rebound In Japan Factory Output Eases Economic Concerns

...also with d inclusion of BE NTA value goes up so there is no dilution of shares!!!!!!

U cannot say exactly dilution of shares becoz BE is a new asset for which bought with RI...if i am wrong correct me?

NEW YORK: US stocks rose more than one per cent on Tuesday, with the S&P 500 ending above its 50-day moving average for the first time in almost a month as strong earnings eased concerns about the outlook for corporate America.

If mother 40 how who want to buy RI @ 40????

....So Suma up today since Doji is laughing!

LONDON: Brent crude oil steadied around US$86 a barrel yesterday, as a rally in European equities and a fall in the dollar offset weak US data.

Brent crude for December was up 10 cents at US$85.93 a barrel by 1435GMT, while US December crude was up 15 cents at US$81.15 a barrel.

Oil gained further support from strength in European stock markets. A number of blue-chip companies posted better-than-expected results, alluding to recovering growth in the continent's energy demand.......@Rajoo hope can sustain n keep going up!

....also dont forget market capitalisation of palm oil stocks makes quite a high % of Klci which is affecting d nation.A lot of rubbish defensive etc talk going on in Malasiakini instead more productive action shd be taken to improve d economy of d nation.

Felda Global Ventures (FGV) Holdings could head in the same direction as Proton and ailing Malaysia Airlines if the government does not take action to turn around the company's poor performance over the past two years, a MP warned.....@Rajoo...I hv already highlighted in this forum all plantation companies shd strive to achieve UP standard otherwise "doomsday" d Govt shd view d situation seriously.Don't forget during d asian crisis klci was protected by palm oil becoz then was in d region of rm3000...its Ok d price drops is somewhat seasonal but if their yield is high n OER is high like UP their share price is 25-30.UP managers don't hv two horns so what is happening...no committment.

http://www.malaysiakini.com/news/278791

"Self made smart gurus here"....ha ha excellent phrase r u asking me to withdraw from this forum becoz i am feeling guilty....mmmmmmmmm?

If fgv price drop becoz of palm oil price drop then why UP/KLK/TSH/Genp, price so high sometimes as high as RM30 by UP who is paying 100% dividend..????

Hello,respected Tony Pua i appreciate you as a vocal person, pls lets get to d bottom of d problem,if u r aware of this forum,pls rewind n read what inputs i hv given here.I am talking of comparison between "apple to apple", we r having living examples like KLK/IOI/TSH/UP whose yield is more then 23mt of fruit/ha/annum whereas Fgv only 20,what happened to d difference n pls calculate d loss against d hectarage, shocking shocking.I was in d industry for more then 40yrs.To get d high yield they must have committed replanting programme n secondly managers must spend a minimum of 7hrs walking in d field.I know of one compony if d manager is a diabetic he is given 3mths notice becoz he is unfit to walk in d field.When i was working wt d whiteman, minimum paper work n maximum field supervision.Nowadays plenty of unproductive paper work n minimum supervision.Very simple let "F" managed by one of d top companies stated above, they hv d expertise/commitment.

Govt fails to give real reasons for FGVH price drop
October 28, 2014
Tony Pua says the Finance Ministry is 'less than honest' in its reply to his question.
KUALA LUMPUR: DAP publicity chief Tony Pua today questioned the Finance Ministry’s honesty in explaining why the share price of Felda Global Ventures Holdings Bhd (FGVH) had dropped 40% in just two years.
He noted that the price had fallen from the initial offer of RM5.39 on June 28, 2012 to only RM3.67 last Sept 1 although KLCI had appreciated from 1,599 to 1,855 points over the same period.
Referring to the Finance Ministry’s explanation that the decline was due to the drop in the global price of crude palm oil from $930 to $675, Pua said this was a “less than honest” answer to a question he posed in Parliament.

SJ tks looks positive, i know another push is coming!!!!

Good morning folks, finally closing green....Dow Jones 16,817.94 +12.53 0.07%
Nasdaq 4,485.93 +2.22 0.05%

"A PN17 company, banks don't give loan but when Suma hit 62cts investment bank fund managers can say take Suma of d table becoz banks cannot give loan for PN17" contradicting SC rules makes no sense. Now obviously they r going to push d price to materialise 40 for RI n to purchase BE so Suma is moving. Share movement is controlled by tycoons n Suma N brother will do wonders?????

A dealer said concerns over global growth were muted following better-than-expected new housing data in the US for September coupled with the UK's third quarter gross domestic product growth of 0.7 per cent, despite a slowdown affecting the eurozone..from Timesbiz....catalyst for Klci

KUALA LUMPUR: Share prices on Bursa Malaysia were higher at mid-afternoon today on continued buying support as positive external developments prompted investors' appetite.

Problem no foreign funds in Klci for it to spike.If palm oil price moves up good for Klci that also dull.

"Japan's our top pick market to buy back as we head into earnings season," said Jonathan Garner, managing director of research at Morgan Stanley, citing yen weakness as a driver of profit growth.

TOKYO: Japanese stocks rose on Monday as a weaker yen boosted exporter shares and investors confidently awaited upcoming earnings announcements.

Asia Rises As Upbeat Earnings, Data, Boost Risk Appetite

bangonluck: may i know yr link to RI 30...tks.

In my opinion i feel Q on 18/11 may be good n they may use this data to push price up for Bursa to consider 40 eventually whatever argument price has to move.

http://www.bloomberg.com/quote/SMTC:MK

We refer to the announcements made on 28 August 2014 and 8 September 2014. On behalf of the Board of Directors of SUMATEC, M&A Securities Sdn Bhd wishes to announce that the listing application for the Proposed Acquisition and Proposed Rights Issue with Warrants has been submitted to Bursa Malaysia Securities Berhad.
This announcement is dated 17 October 2014.....@ Rajoo if they r referring to 28/8 announcement then 40 is intact......d next Q on 18/11....good profit i belief.

http://sumatec.irplc.com/announcement.htm?NewsID=201410173000361&Symbol=1201

When HS submitted to Bursa for RI approval nothing mentioned about d RI price?

IFC...not Jaw2 on d way to 60!

Suma chart as at now look green!

As for stock picks, investors may like to accumulate blue chips like RHB Capital and Tenaga for longer-term upside potential, while lower liner construction, property and oil and gas counters such as Benalec, Hiap Teck Ventures, Hua Yang, Perdana, Perisai Petroleum and TH Heavy Engineering should see buying interest returning on any market dip.

BURSA Malaysia shares reversed some of the previous week’s sell-off to a 12-month low last week, aided by regional strength that is backed by strong US consumer sentiment numbers and corporate earnings.

The Deepavali holiday-shortened week witnessed a Wall Street rally on earnings optimism and easing worries over the global economy, which spilled over to lift the local market higher ahead of the weekend.

All have chance to express their opinions n their right; please refrain from vulgar language, insidious, seditious or slanderous remarks. While the comments here reflect the views of the readers...civility of language depends on upbringing n d kind of education they got!

Mohamed Al-Mady, the company's vice-chairman and CEO, said oil prices have "a direct impact on the petroleum industry" but the recent fall in the price of crude -- which helped lower costs -- will not last.



"What has taken place is a temporary lower price," he told reporters.

Mohamed Al-Mady, the company's vice-chairman and CEO, said oil prices have "a direct impact on the petroleum industry" but the recent fall in the price of crude -- which helped lower costs -- will not last.



"What has taken place is a temporary lower price," he told reporters.