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2013-07-31 22:34 | Report Abuse
i m sure they hedge a lot especially dealing with commodities ie. bean...and when ringgit turns weaker, their forward contracts will give rise to extraordinary items ie. gains on currency depreciation.
2013-07-31 22:22 | Report Abuse
apprentice, i hope you are not fired yet!
2013-07-31 21:33 | Report Abuse
I doubt AAX is a fundamental stock, a fundamental stock won't not be vulnerable to world crude prices.
2013-07-31 20:53 | Report Abuse
also to cover his back side from screwing....
2013-07-31 20:40 | Report Abuse
Cheeseburger, when the bank organized road shows, talks, write-ups for public attention, to me it is equivalent to "invitation to treat", then it must exercise some forms of care. I hope most retail investors would have agreed with me because after all is our hard earned monies.Please do random checks yourself, most of us street investors lost monies times after times.
2013-07-31 20:33 | Report Abuse
Harvard from Harvard gotten to be right....foreign selling can be seen in this counter since opening market today to 2.81 but bounced back (after some good samaritan picked it up at 2.82 to 2.88), after lunch, fund managers saw the right price started selling at 2.88 and smashed down like Lin Dan to 2.67 because they knew tomorrow is ugly!
2013-07-31 20:10 | Report Abuse
when CIMB helps to list AAX , it didn't perform its duty to care to retail investors (as the large portion goes to public) whereby the latest profit was only Rm35 million while it was still at a loss a year ago. I wonder what kind of PE is that? CIMB didn't even bother to touch on that.Nowadays, Malaysia Investment Banks are just very unprofessional and they are just sucking our hard earned monies.
2013-07-31 20:01 | Report Abuse
tapi masuk dan keluar pun syhiok!
2013-07-31 19:59 | Report Abuse
sit tight and keep your cash, what lies ahead is full of uncertainties and lots of turbulence.
2013-07-31 19:55 | Report Abuse
Steve Jub, whatever this fellow (CIMB analyst) wants to say ie. borrowing costs, fund outflows, investment climate and other macro issues, we have actually mentioned it during the session, no points recommending top picks here and there, at the end of the days, most of us suffers tremendous losses.
2013-07-31 17:25 | Report Abuse
so foreign funds will punish our market soon, whatever rebound is going to be technical as i reiterated.
2013-07-31 17:23 | Report Abuse
simple analogy: Downgrade= drop from A to A-= 80 marks to 60 marks= daddy mummy used to buy handphone for 80 marks now buy handphone cover for 60 marks=punishment
2013-07-31 17:19 | Report Abuse
BBB79, from their gearing you can tell....without borrowing you think SKpetro can afford to buy Sapuracrest and Kencana, we can only dream on.
2013-07-31 17:15 | Report Abuse
the directors are selling before the foreign funds....more selling to come, predict the price of Pantech to go down further
2013-07-31 17:12 | Report Abuse
more bad news are on the card, please be patient.
2013-07-31 17:09 | Report Abuse
BBB79, their borrowing also very high and all denominated in US currency, therefore, their earnings will be hard hit.
2013-07-31 17:00 | Report Abuse
by Malaysia standard, we should be lucky to have mini bull run especially Brim after Brim
2013-07-31 16:58 | Report Abuse
hahaha...i predict it's going to be stock market tsunami
2013-07-31 16:54 | Report Abuse
tomorrow will be sea of red again.
2013-07-31 16:52 | Report Abuse
just lose Rm10.00 to my friend as i bet UEMS will close lower than 2.67....makahai!
2013-07-31 16:51 | Report Abuse
if i lose 5 mil will Bursa tsunami and world tsunami
2013-07-31 16:46 | Report Abuse
to me, losing Rm5k is winning!
2013-07-31 16:43 | Report Abuse
is worth it to lose RM5k.....happy for you.
2013-07-31 16:42 | Report Abuse
among all the property stocks, UEMS will be hard hit
2013-07-31 16:41 | Report Abuse
sorry, Mahathir will get screwed! He doesn't like IMF
2013-07-31 16:40 | Report Abuse
Announcement by Fitch today indeed serve our Malaysian analysts a lession, teach them don't be overly exuberant when share prices are picking up. We will see what they are going to say in the near future....they didn't even do their reseach that Fitch people are in the country with BNM, goodness me the socalled "anaylst"
2013-07-31 16:37 | Report Abuse
got people buy, but yield must be high lah 13 to 15%...
2013-07-31 16:35 | Report Abuse
don't cheer just yet, tomorrow will be cheaper
2013-07-31 16:33 | Report Abuse
whatever RAPID project in Pengarang, MRT in greater KL, TRX along Jalan Tun Razak, High speed rail KL-Singapore will put on hold for sure now....because our bond rating also turn into negative, how to borrow? who dares to lend you?
2013-07-31 16:30 | Report Abuse
please google yourself, S&P is a more powerful rating agency than Fitch and Moody, once they say we are negative, drop at least another 75 points
2013-07-31 16:28 | Report Abuse
throw before it is too late, the bloodshed will continue tomorrow as the beginning of the new dawn
2013-07-31 16:26 | Report Abuse
Steve and S-Jero, another term for gomen is MGS
2013-07-31 16:25 | Report Abuse
last chance to throw before the beginning of the dawn tomorrow.
2013-07-31 16:23 | Report Abuse
gomen is a sovereign body largely democratic and controlled by ancient clergyman...now we call MPs.
2013-07-31 16:21 | Report Abuse
gomen is something lah...use your brain a bit you will get the answer
2013-07-31 16:15 | Report Abuse
soon as foreign funds will gradually go through the list of stocks held and engage its institutionals to sell, first Dialog, SKpetro,UMW Banking stock and so forth. Favco will come soon, no stock will be spared,not even the counter held by Dato Azizan namely THHEAVY
2013-07-31 16:12 | Report Abuse
Just imagine if gomen cannot pay back bond borrowing, situation is really bad now.
2013-07-31 16:04 | Report Abuse
Steve, run first....situation is bad now, Fitch can say whatever it likes. What about Moody, such a Moody fellow, who knows it will say Malaysian economy will be downgraded from "stable" to "default"...then come S&P, we better embrace ourselves for the rainy days ahead.
2013-07-31 16:00 | Report Abuse
today Perisai only pangsai....tomorrow comes i think lowsai!
2013-07-31 15:45 | Report Abuse
Fitch downgrades Petronas long-term issuer default to "negative"
2013-07-31 15:42 | Report Abuse
Cherry, i don't need W Buffet or A Greenspan to teach me, when the bloody Fitch downgraded us, it simply means foreign funds, please leave this country.
2013-07-31 15:41 | Report Abuse
doesn't matter Cherry, just run for life!
2013-07-31 15:39 | Report Abuse
Steve Jub, don't trust this "abundance exuberance" or "be greedy when everyone is fearful" got money you can talk better than them with your own slogan.
2013-07-31 15:36 | Report Abuse
Steve Jub, when i am as rich as W Buffet, i can talk better than him.
2013-07-31 15:24 | Report Abuse
S-Jero, you are still buying right? from high to low, what a great man !
2013-07-31 15:22 | Report Abuse
cherry cherry, now you realize what i was saying these people...they always think they are smart, just know a bit of PE, EPS and calculate a bit of price-to -book and valuation based of EBITA and CAGR, they start to talk cock behind the veil of course.
2013-07-31 15:18 | Report Abuse
I love your gung-ho attitude, S-Jero! You have my full support....
2013-07-31 15:17 | Report Abuse
don't fall in love with this stock...profit taking is long overdue!
Stock: [PERISAI]: PERISAI PETROLEUM TEKNOLOGI BHD
2013-07-31 22:43 | Report Abuse
ask OTB, he is the specialist in IV. Anyway, i have to embrace for another fall tomorrow....hopefully market won't react as bad as i thought.