Retail : 46.28 / Institution: +248.91 / FF -295.19

The international reserves of Bank Negara Malaysia

RM379.4 billion (equivalent to USD100.5 billion) as at 15 July 2015
RM364.7 billion (equivalent to USD96.7 billion) as at 31 July 2015
RM356.4 billion (equivalent to USD94.5 billion) as at 14 August 2015
RM357.7 billion (equivalent to USD94.7 billion) as at 28 August 2015
RM360.1 billion (equivalent to USD95.3 billion) as at 15 September 2015
RM415.1 billion (equivalent to USD93.3 billion) as at 30 September 2015
RM418.0 billion (equivalent to USD94.1 billion) as at 15 October 2015
RM417.9 billion (equivalent to USD94.0 billion) as at 30 October 2015
RM417.2 billion (equivalent to USD93.9 billion) as at 13 November 2015
RM420.1 billion (equivalent to USD94.6 billion) as at 30 November 2015
RM421.6 billion (equivalent to USD94.9 billion) as at 15 December 2015
RM409.1 billion (equivalent to USD95.3 billion) as at 31 December 2015

So many excuses...

saltedfish, why don't you take the initiative to contact the management and get the answer yourself?

That's the right thing to do. Ask the management directly. Thank you for taking the initiative, Mr. OTB.

share price is not low enough, hopefully there are more articles to come

All companies are facing issues every day. It's up to their employees to resolve the problems. Where to find a company that is without issues? If shareholders have to look at the company at every issue, how to sleep comfortably at night?

secondly, is this issue big enough to report it? How large is this in terms of revenue? what's the worst case scenario? Find out from management first before writing.

Very simple. The author should get clarification from the management and report here before writing this.

overall volume unusually high...

Observing Cheewah... looks like big buyer is again present today

looks like China market is done for the day

It halts trade for 15 minutes if the CSI300 index falls or rises 5 per cent in a day, then suspends trade for the day if it continues to fall or rise to 7 per cent.

as long as the earning and profit is still intact, this is not important. Anyway, thanks for bringing down the share price!

Observing Cheewah... looks like big buyer is present today

Lollipot Anison, you are right. Ringgit Malaysia weakens to 4.38, wow so fast

China's central bank set the yuan at a much weaker level than Tuesday's close. If I am not mistaken, they have been doing this since last week.

http://in.reuters.com/article/us-global-forex-idINKBN0UK01R20160106

We should keep those export based stocks for longer term.

last quarter, USD ranged from 4.20 to 4.30 vs the MYR most of the time, even when oil dropped below U$40. But when Chinese RMB weakened the last few days, MYR weakened to 4.35 vs USD. I think Chinese RMB will keep our Ringgit Malaysia to be weak for some time, to maintain export competitiveness.

I think this trend will continue longer than previously expected and export based stocks will continue to climb. Those undervalued ones will most likely to make higher high.

for me the index rebounds beyond my expectation, almost 20 points or 50% from yesterday. Good enough for me

jake81, better close most, if not all your call positions

the overall volume does not look big. Can anyone confirm this?

it depends how China stock market behaves today

Directors and major shareholders have not sold any shares for years. No announcement since the recent share movement

Posted by r°Moi > Jan 4, 2016 06:51 PM | Report Abuse
major shareholders unloading like crazy

unbelievable... did not expect it to drop since it's export counter. Good to add

Supergeng, they behave exactly as expected. Nothing unusual at all, to be honest.

FBMKLCI-H5 Exercise Price = 1,500.00, exercise ratio = 700
FBMKLCI-HK Exercise Price = 1,735.00, exercise ratio = 666

For HK, once the index drop below 1735, it has value;
For H5, once the index drop below 1500, it has value.

Last year the index ended at 1692.51, and it ended today at 1653.37

HK already has value at current index
H5 is so far away from current index, that's why it does not move as much

exactly, that's why we should choose the one that is very close to the current index.

The Exercise Price for HK is 1735; H5 is 1500. Their exercise ratio is almost the same.

but H5 is too far away from the current index, that's why it does not move as much as HK. Again you can use the formula to verify this

I would suggest you just concentrate on the mathematics side, choose the right warrant and get rewarded. Good luck!

the other factor is demand and supply. If suddenly there is a big demand, it will increase the price of the warrant as well.

Like I said, there are technical reasons how the warrants behave.

Intrinsic value of a warrant = (Current Index - Exercise Price) / Exercise Ratio

That means the lower the exercise ratio, the higher the value.

I noticed FBMKLCI-H5 and FBMKLCI-HZ were almost the same price this morning. Look what happens? Check how much exercise ratio of H5 and HZ.

It's not con business, its mathematics.

I posted this before, and I would like to post it again.

There are technical reasons why your put warrants that you buy is not moving.

please go to this web site and study first:
https://www.malaysiawarrants.com.my/tools?sp=dwsearch

you need to choose the right ones. For a start, choose the put warrant with very very low exercise ratio. The index plunged almost 30 points today. It should be a good day for put warrants. Those that are moving are those with low exercise ratio

even at this level 1670, it is still at the high end of the range.

together bad news from China and the fear that fuel price will drop lower than the recent low, I expect the index to drop further.

http://www.reuters.com/article/us-global-economy-idUSKBN0UI06120160104

I knew about this web site for a while but first time joined the forum and especially CC house probably in September this year. Maybe I will look back one day and consider this an important event. Some of you are full time traders and I hope one day I will join you as well. Thank you for your sharing.

Happy New Year 2016!

if you only want to hold HX or HY intra day or a few days, it's okay.

noobnnew, you can also consider HX or HY if you do not buy a lot (volume not big) and if you play short term (expiry end of next month 31 Jan 16)

The international reserves of Bank Negara Malaysia

RM379.4 billion (equivalent to USD100.5 billion) as at 15 July 2015
RM364.7 billion (equivalent to USD96.7 billion) as at 31 July 2015
RM356.4 billion (equivalent to USD94.5 billion) as at 14 August 2015
RM357.7 billion (equivalent to USD94.7 billion) as at 28 August 2015
RM360.1 billion (equivalent to USD95.3 billion) as at 15 September 2015
RM415.1 billion (equivalent to USD93.3 billion) as at 30 September 2015
RM418.0 billion (equivalent to USD94.1 billion) as at 15 October 2015
RM417.9 billion (equivalent to USD94.0 billion) as at 30 October 2015
RM417.2 billion (equivalent to USD93.9 billion) as at 13 November 2015
RM420.1 billion (equivalent to USD94.6 billion) as at 30 November 2015
RM421.6 billion (equivalent to USD94.9 billion) as at 15 December 2015

newbie8, since you do not share your profit with the sifus, it is not fair to ask them to share your loss, right?

buy and sell at your own risk

kk123, may I know what is the proper way to annualize EPS? Can you show us the calculation? Thank you!

ryanhls, quarterly result very good EPS 3.47 sen. Looks like there are big funds buying considering it is undervalued

Connie, very disappointed with Escream too. Hopefully Comcorp will ease the pain

Should get better price when market sentiment improves

EG at RM1.04 is battling ground for buyers and sellers...

vinoth, I have not looked at index warrants for a while.

I usually choose the one that
1) can easily buy and sell (preferred those issued by Macquarie)
2) small spread between bid price and ask price (usually RM0.05 only)
3) low exercise ratio

Bsed on my criteria, I will monitor the following:
FBMKLCI-C9
FBMKLCI-C7
FBMKLCI-C20

For intra day trade, I will monitor:
FBMKLCI-CZ

mslee81, FBMKLCI-CZ is not worth a sen now and will become worthless if the index can not close above 1680 when it expires in the next 3 weeks. Its price will drop more the nearer it is towards the expiry date. It is only suitable for intra-day trade, or very short term trade right now.

The international reserves of Bank Negara Malaysia

RM379.4 billion (equivalent to USD100.5 billion) as at 15 July 2015
RM364.7 billion (equivalent to USD96.7 billion) as at 31 July 2015
RM356.4 billion (equivalent to USD94.5 billion) as at 14 August 2015
RM357.7 billion (equivalent to USD94.7 billion) as at 28 August 2015
RM360.1 billion (equivalent to USD95.3 billion) as at 15 September 2015
RM415.1 billion (equivalent to USD93.3 billion) as at 30 September 2015
RM418.0 billion (equivalent to USD94.1 billion) as at 15 October 2015
RM417.9 billion (equivalent to USD94.0 billion) as at 30 October 2015
RM417.2 billion (equivalent to USD93.9 billion) as at 13 November 2015
RM420.1 billion (equivalent to USD94.6 billion) as at 30 November 2015

IFCA big buyers started buying after index turned positive

jake81, I am monitoring HSI. It looks like it is trading 22000-22750

chonghoo81, I assume you know where to check the announcement:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4936173

Have to read the attachment especially EG Bursa_Note Q1-16.doc

Read section B1-B3 (page 3), starting B1 Review of Performance

if I am not mistaken, it uses the old number of shares to calculate the EPS. After the split, the number of shares increases to 192.357 mil. shares

Net profit = 5039000
Number of shares = 192357000
EPS = 5039000/192357000 = RM0.026 or 2.6 sen

BIOALPHA confirm dividend of RM0.0009 per share, not RM0.09 as stated before

Index Future also down

Tomorrow is going to be bad. Beware of foreign fund and short sellers. What if everyday also red like last time? Better sell first

Thank goodness JOHOTIN-WA is selling at very good price. When JOHOTIN mother share was at RM2.20-2.30 early this month, JOHOTIN-WA was selling around RM0.50