chong

chong | Joined since 2010-07-13

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Stock

2012-05-12 15:31 | Report Abuse

Just my comments only but not buying at the moment & still monitoring.

Stock

2012-05-12 14:57 | Report Abuse

Do you remember Proton, sudah mati tapi kasih hidup lagi...so the same pattern on MAS lah.

Stock

2012-05-12 14:39 | Report Abuse

Let me say a few words please. In the first place, our government WILL NEVER KILL MAS , so to say...it's our National Carrier & if mati, Malaysia habis muka, hee, hee, hee

More funds & loans are coming in to lend a helping hand to MAS and after some restructuring & using the big knife to trim the fat, MAS may move away from those red negative figures.

As of now MAS is at it's lowest price at $1.17 cents on Wednesday, the lowest since 1999.

So it's up to you to do your own decision...cheers & all the best to everyone too.

Stock

2012-05-12 14:28 | Report Abuse

Brother Newb, click on the link below & learn more please but frankly speaking, as a friendly advice, if you are not familiar with warrants it's better for you NOT TO TOUCH IT AS WARRANTS ARE LIKE LIVE COFFINS. You can make good money if you are smart enough or very familiar with warrants but at times you too can lose a big bundle too. So, it's definitely better for you brother Newb to invest in some stocks other than warrants....thank you.

http://www.bursamalaysia.com/website/bm/products_and_services/equities_resources/structured_warrants/basic.html

News & Blogs

2012-05-12 14:20 | Report Abuse

Both are equally good but my pick is ECM as Kenanga is taking over & they are paying a good price for it compare to ECM price but on the other hand, Kenanga will have more customers or clients from ECM & definitely EPS will increase too & that's why last Friday Kenanga got a better price increase compare to ECM but volume wise ECM stands out. So I leave it to you brother Ram Cheong to do your own picking.

Cheers brother & good luck to you too.

News & Blogs

2012-05-12 14:02 | Report Abuse

Brother Tan Cheng Eian , if this is the case, then we all huat huat together....plenty of abalone to eat at this price, yahooooooooooo.

Stock

2012-05-12 01:32 | Report Abuse

Now the reason of me choosing MAS CG instead of other MAS warrants no matter how attractive they are...now read on please


Yes, MAS needs fund to restructure itself & trim the fat too. Then by year end things will turn better for MAS hopefully with the much needed funds....it does take time to use the big knife to do all the cost cutting & fat trimming. So MAS CG expiry date is until the 1st Quarter of 2013 & it will definitely come in handy by then when most of the other warrants RIP but still got hope for CG price to pick up when it's real cheap now. By that time next year 2013, MAS will improve itself & not be in the RED.


..and now read the bridging loan which MAS so badly need below please...

MAS to get up to RM1.5b bridging loan from CIMB

KUALA LUMPUR: Malaysian Airline System Bhd (MAS) is close to securing up to RM1.5 billion in a bridging loan from CIMB Group Holdings Bhd, giving it ample time to structure a RM3 billion bond for its long-term needs.

According to three separate sources, the one-year bridging loan is intended to finance the national carrier’s daily operational needs. “This would give MAS some time to structure the bonds,” said a business executive familiar with the matter.

The sources added that CIMB could be the front runner for the RM3 billion sukuk offering, since it has provided the bridging loan to MAS.

“MAS would get the best financial terms from CIMB, given its status as a national carrier. Also, Khazanah Nasional Bhd is a common shareholder in both entities,” he said.

At press time, MAS had not replied to queries from The Edge Financial Daily.

An aviation analyst said the bridging loan is a normal course of operation as MAS would need to address the financial needs for daily operations.

“Given its status as a national carrier, I do not foresee any difficulty for MAS getting a bridging loan. In addition, Khazanah holds controlling stakes in MAS and CIMB. As such, the news is not that all surprising,” he said.

The analyst also noted that MAS would still need to address the challenges to turn around its earnings.

“The news does little to alleviate the bearish views on the national carrier,” he said.

The national carrier is looking to issue RM3 billion worth of bonds this year in order to bridge the funding gap for its capital requirement of RM6 billion.

At the end of 2011, MAS had RM1 billion in its coffers while borrowings amounted to RM5.7 billion. MAS needs RM6 billion to finance its new fleet, which includes the Airbus A380, Boeing B777 and B737 aircraft. MAS needs to issue the paper on a commercial basis as a helping hand from the government could be seen as a breach of competition laws, said a company source.

Earlier this month, the share swap with AirAsia Bhd was called off following strong resistance from MAS’ union. The share swap was originally intended to lend a helping hand to the loss-making carrier.

Analysts said AirAsia had gained the most from the share swap reversal, while MAS continues to face structural issues.

RHB Research noted that MAS is operating in a saturated full-service market and will have trouble trimming its not so lean workforce. It noted that Malaysia is not a natural market for business travellers.

MAS posted a record net loss of RM2.5 billion last year, compared to a net profit of RM234.5 million a year earlier.

MAS fell to RM1.17 on Wednesday, the lowest since 1999. However, it gained one sen to close at RM1.18 yesterday. It has declined
9.23% since the beginning of the year.

Stock

2012-05-12 00:52 | Report Abuse

Brother tansrihew , we all here who had invested in ECM around February when price was hovering around 78+ cents will definitely make more but the new investors will make equally good returns of their investment too when the takeover begins soon....maybe in a week or so or maybe even a month, we should expect an important announcement soon & then a suspension of the 2 related counters.

Expect a cash payment of 60 cents per ECM shares plus Kenanga shares too making a total of around $1.10 or even a little more. No one can reveal the full details yet as the SC will come hard on them, so we just have to wait & I do hope the waiting will be soon in a couple of days, he, hee, hee

Yes brother tansrihew , together we all will huat huat on this counter.

Cheers brother, take care too & enjoy your weekend too.

Stock

2012-05-12 00:41 | Report Abuse

To all the above brothers & sisters, check you mail please, many thanks.

Cheers.

Stock

2012-05-11 17:47 | Report Abuse

Some expert can have a say on this just announced..

Type
:
Announcement
Subject
:

OTHERS

Description
:

DISSOLUTION OF SUBSIDIARY OF ECM LIBRA FINANCIAL GROUP BERHAD


Announcement Details/Table Section :


Further to the announcement of ECM Libra Financial Group Berhad ("ECMLFG") dated 13 January 2012 in connection with the member's voluntary winding-up of its dormant wholly-owned subsidiary, ECM Libra Securities Nominees Sdn Bhd ("ECMLN"), ECMLFG wishes to inform that the Liquidator of ECMLN had convened the Final Meeting on 10 May 2012 to conclude the member's voluntary winding-up of ECMLN.

A Return by Liquidator Relating to Final Meeting of ECMLN has been lodged on 11 May 2012 with the Companies Commission of Malaysia and the Official Receiver, and on the expiration of 3 months from 11 May 2012, ECMLN will be dissolved.

This announcement is dated 11 May 2012.

News & Blogs

2012-05-11 17:30 | Report Abuse

Very wisely put in brother usry ....what you have said all make sense...hormat you.

Stock

2012-05-11 12:40 | Report Abuse

Yes, brother tsejuie , shouldn't be long now & we all just to have a little more patience to enjoy the fruits of our investment....good luck to all...thank you all.

Stock

2012-05-11 11:25 | Report Abuse

And yes brother Wong Yi Shen , if it reaches near to the CIM TP, we all cna have plenty of abalone for snacks, hee,, hee, hee

Stock

2012-05-11 11:24 | Report Abuse

Pandai you brother jeffho , let's us all hope for the best but be rest assured that once it's officially announced, it will sky rocket, hee,, hee,,hee

Stock

2012-05-11 11:03 | Report Abuse

Yes, brother kl foong , this giant once await will give a big roar, hee,, hee,, hee.

Remember CIMB had recently give it a TO of $4.60 cents...too good to be true.

Stock

2012-05-11 10:50 | Report Abuse

maybe got a part of the Malaysian MRT project or some sub contract work...hmn, I wonder?

Stock

2012-05-11 10:49 | Report Abuse

A giant still hasn't awake yet, hee, hee,, hee

Stock

2012-05-11 10:37 | Report Abuse

My friends, buy now & please don't wait as the Star paper said it had been finalized & in a few days time it will be officially announced but before that both Kenanga & ECM will be suspended to official announced it & by that time it will shoot...so why wait?...use your logic please.

Today I sapu plenty more & waiting for a Bonanza.

Stock

2012-05-11 10:33 | Report Abuse

Yes, buy both mother & son CA...CA still cheap at 5 cents, sap sap suay, hee, hee,, hee

Stock

2012-05-11 09:18 | Report Abuse

Today coming I presume as kakis had been buying higher in bigger lots too...so ?

Stock

2012-05-11 09:05 | Report Abuse

buy buy buy...takeover at leat $1.10 to my knowledge, maybe more.

Stock

2012-05-11 08:27 | Report Abuse

However it will take a little more time to announced it officially...so be a little patient more please. Price today will definitely go up & I wonder what's the opening price.

Stock

2012-05-11 08:23 | Report Abuse

Yes, brother jtpc2006 , I don't lie to you all...told you all to hold & wait & now your patience will be rewarded. Congrats to all who took my cue to buy.

Stock

2012-05-11 03:10 | Report Abuse

I just got my reasons for picking CG & please Pak Lah, if you are not interested in buying, please don't simply condemned people as you buy yours & I buy mine.... I do more homework than you ever do & right now at even at 2.59am I am still doing homework almost all trading days, do you brother Pak Lah???... & I had make a few recommendations and they all are in target & members here make money.

If you Pak Lah is so good at recommendation as you appeared to be, then you take over my place & write & analysis & you do all the recommendation please. You people come here & make plenty of noises & never make any good concrete contributions to all forum members here.

As forumers we are to share & contribute & not to be a hit & criticize kakis....make money you laugh loudly to yourself but as soon as you all lose a few ringgit, you all start pointing fingers. If you don't like what you read, then pass on & no need to open your big mouth Pak Lah.

As I had said Pak Lah, nobody is pointing a gun on your head to force you to buy. Yes, you alone make your own decisions & you let your own fingers do the clicking & not mine. If you don't like my recommendations, please pass & no need to be hard hitting...hope you get this into your thick head.

Cheers.

Stock

2012-05-11 02:42 | Report Abuse

Think yesterday the engine just heated up only & maybe it's going into locomotion to...so monitor please.

Stock

2012-05-11 02:38 | Report Abuse

Today seems DJ had move up after 5 or 6 days down...let's wait and see the full details around 5am. Hopefully our market will move further up & today I presume more upwards movement of UOADev is imminent....so hang on my friends.....cheers & good luck too.

Stock

2012-05-11 02:33 | Report Abuse

To all the handsome brothers & pretty sisters, please check you mail....thank you. So sorry only post this early morning as I was in the thick of action yesterday as market yesterday was still a OK.....cheers.

Stock

2012-05-10 17:56 | Report Abuse

And when EPF buy, you also buy lah & you can't go wrong & after all the coming dividend of 10 cents in relation to it's price is still very much higher than your bank FD interest.

Stock

2012-05-10 17:54 | Report Abuse

Brother newb, I am still thinking of BIMB trading buy of $1.84 cents.

Stock

2012-05-10 15:47 | Report Abuse

Coming now...go for mother & son CB

Stock

2012-05-10 11:41 | Report Abuse

no TP for CA for as long as you follow the mother share price.

Stock

2012-05-10 11:17 | Report Abuse

Moving now? ...buy son CA

Stock

2012-05-10 11:11 | Report Abuse

Buy , 8 months to play

Stock

2012-05-10 09:33 | Report Abuse

Is it coming today..watch out for it.

Stock

2012-05-10 01:16 | Report Abuse

Maybe, DJ down but sometimes when others are down, Malaysia goes up..Malaysia Boleh, hee, hee,hee

Stock

2012-05-10 00:06 | Report Abuse

Well, you all smart guys, buy next Monday for further price improvement. But then why not collect now & then sell next week when it goes up?

Yes,brother chieng8182 , AM bank can't kill the CA as it had gone too high & if the kakis start buying & buying higher mother BIMB now by chasing it to a 20 cents increase in these 2 days, then AMBank is really going to have a very bad sakit gigi, terribly painful. hee, hee, hee

Cheers.

Stock

2012-05-09 23:56 | Report Abuse

To the above brothers & sisters, check your mail please....thank you.

Stock

2012-05-09 11:56 | Report Abuse

Yes, brother optimus9633, another 6 trading days before CB suspension.

Stock

2012-05-09 10:37 | Report Abuse

People are beginning to appreciate the goodness of Smartag & today though market down, people buy at a higher price. Now I leave the decision to you all....cheers & good luck.

Stock

2012-05-09 10:34 | Report Abuse

Brother Muadzam Muzafar , it's very simple...goreng to high price lah.

Stock

2012-05-09 10:20 | Report Abuse

Puncak & KHSB coming to goreng...watch out.

Stock

2012-05-09 10:07 | Report Abuse

Watch out, big kakis sapu in big lots.

Stock

2012-05-09 01:50 | Report Abuse

Yes, now this price is consider cheap brother cy87boyz as kakis have bought it at 32 cents , 1 year back.

Stock

2012-05-09 00:55 | Report Abuse

Yes, go for it.

Stock

2012-05-09 00:50 | Report Abuse

Hi brother Steven Lee, check you mail please...thank you too.

Stock

2012-05-09 00:48 | Report Abuse

I think today Ambank will start the killing job of son CB...DJI being down almost 169 points. they will use this golden opportunity as still remains 6 days of trading before suspension.

You look at the closing trend yesterday & you know that BIMB & sons will possible go down today....not everyday BIMB & son will go up, so it will be going down soon too.....the soon is today?

So to all my friends, monitor BIMb sons this early morning.

Stock

2012-05-09 00:41 | Report Abuse

Send mail to all those who requested 1 or 2 days back, so sorry for the late reply as internet was down 2 days back & early yesterday morning....cheers.

Stock

2012-05-09 00:34 | Report Abuse

Brother Alan Lim , check your mail please...thank you.

Stock

2012-05-09 00:30 | Report Abuse

Brother WWH33, think BIMB & son will start coming down today....so keep a lookout please