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2012-03-13 09:13 | Report Abuse
Please say that to God if it is wrong to donate money to churches, mosques and temples.
God Bless Me.
2012-03-13 08:58 | Report Abuse
Please keep quiet and continue to trade. Malaysia Boleh - We cant even implement GST properly and we want to talk about CGT ? Just continue to make money and spend it - if too much money please give some to the mosques, churches or temples, will you ?
2012-03-13 08:49 | Report Abuse
CP, you are sharp on. Yesterday was a steep pullback for people to jump into blue chip PCHEM. I have waited for this counter to correct to this level for a long time. Bingo ! As expected everywhere is green again - Dow, Australia, NZ and Korea etc. You will see a sharp steep uptrend today for KLCI. I wont be surprised, PCHEM will revert back to RM6.80 today to wipe out all the losses yesterday. Then PCHEM will move further up over the next few days. Fantastic day ahead - have a cup of hot coffee and start trading soon.
2012-03-10 23:43 | Report Abuse
By the way any idea who sold the shares to Khazanah?
2012-03-10 22:49 | Report Abuse
True enough to his words, YB Slotus no longer wants to comment or provide hints. He must be thinking of new investment strategies to apply to ECM.
2012-03-10 12:41 | Report Abuse
Fully agree on the market trend next week. A lot of positive news are pouring out and Najib is working extremely hard traveling every corner of Malaysia. Every civil servant will be rewarded. A lot of RM500s have been given etc.
It is time to ask for a lot of things and promises shall be given. If US can print money so Malaysia can print money too. This is exactly like bonus issues of RM - RM gets diluted, will need to use more RM to buy the same shares - leading to faster rise in shares and then rocketing KLCI to all time high - everyone feels extremely rich and can afford to pay more for economy rice (chap fun) and teh tarik (kurang manis)and boasts that his / her single storey house is now worth RM2 million. We are all millionaires. We have achieved the objectives of 2020 earlier by 8 years.
2012-03-10 12:21 | Report Abuse
There will be more of these types of major announcements from now till May as the Government will need to create a very positive environment (feel really good factor) so that BURSA Malaysia will end up all time high (wont' be surprise target 1,700 ! just like that) - laugh to the election box and give a tick for BN (Bursa Naik !).
More good news to hear and more share prices up real soon. Let us all jump in and have fun.
2012-03-10 12:13 | Report Abuse
Good on you to buy at this level. Quite difficult to get below 86 sen. Fundamentally, good investment as dividend yield is 7.7 % and PE at 10.7. NTA is 1.21. If there is a takeover in the short term and even if assume shares taken over at extreme discount of 15 %, the price is still RM1.03 i.e there is still upside of 16 to 17 Sen or premium of nearly 20 % on current market price. it is surely a buy at current level - only problem is that too few shares to share in the market. More volume will build up over the next few weeks based on the way we talk now.
2012-03-10 11:39 | Report Abuse
This must be something to do with Lynas project.
2012-03-10 11:36 | Report Abuse
Rest assured, next week will be a positive week for BURSA. ECM will reach at least 90 sen early next week. Buy more to target RM1 at the next level. I need to be serious from now on.
2012-03-09 22:29 | Report Abuse
Ladies and Gentlemen, remember what the CIMB CEO said during the recent final Quarterly annoucement. He said they are very happy with the financial performance but very disappointed with its share performance. To me this is a hint to us that it is time to move. After that press release, CIMB started to move to reach above RM7.40. I expect next week will be another run to close to RM7.50. After RM7.50, it will continue its rise to near RM8.00. Titus, you will be getting your RM1,000 for the dividend soon for your 10,000 shares. I agree that GE is around the corner and very good chance this counter will rise much further - hint on CEO's disappointment on its share performance. So please don't blame anyone if you did not catch what Nasir said.
2012-03-09 12:44 | Report Abuse
Yes sir, let us sing the song MO NEY MO NEY MO NEY (Repeat 3 more times). We are here not to just nmake money, but to make more money. Its damn exciting - I really love the market - there are jokes around and yet we make MO NEY!!!!
2012-03-09 12:11 | Report Abuse
YB Slotus, by the way I really enjoy talking to all of you. My comments are quite pragmatic. I am a retired chartered accountant who has so much time to look at all the five corners of investments in details what investors are up to. I will prefer that you continue to let us all know what is about to happen so that we can help you to fan the fire to boil the counter up. By the way, I have not gone in-depth on the fundamental analysis as yet. when I have the time I will try to see what ECM has to offer.
You see today, KLCI and markets over the world all up but ECM down - most counters up.
What is going on my friend? I won't be surprise, the price may even be dragged to 85 sen today.
2012-03-08 20:47 | Report Abuse
Aiyoh Walau eh, YB you are not answering to my points.That shows you are all just punting up and down and hoping it goes right ! This is really dangerous.
2012-03-08 19:02 | Report Abuse
Sorry YB Chong - Not YB Ching (this is for the Ching Dynasty!)
2012-03-08 19:01 | Report Abuse
YB SLotus and YB Ching, Walau eh, there are so many stages towards takeover and we will have to wait until the cows come home. Now all of you have been monitoring this counter for ages and you will surely know roughly about the stage they are in by now. Can advise on the stage ? I am also getting excited and passionate now. Maybe I should buy back at 88 sen tomorrow - my sales price today ? Maybe no chnance leow ?
2012-03-08 18:31 | Report Abuse
Right, please do not forget that someone is taking the shares to get the 10 sen dividend on Friday. Then it goes ex and drop 10 sen on Friday. Someone gets it at 7.31 - 0.10 = entry cost of 7.21. Then someone pushes up the share back (buy back) at 7.45 (after 1 week) and someone makes altogether 10 sen plus 24 sen all in make 34 sen which is 4.65 % = at least annual return of 242 % p.a. Can you understand ?? Of course when someone makes the money there is another one on the other side that loses the money. So get ready for CIMB to move up very fast soon.
2012-03-08 18:14 | Report Abuse
YB SLotus, the talk of takeover had dragged on for very far too long. It goes on and on and nothing happens. Everytime we ask someone about the news - answer is around the corner. How very much more longer, everyone got to wait. If too long, why not we come in at a later stage.
2012-03-08 17:13 | Report Abuse
Ooi, all of you there, thank you for talking it up to enjoy feeling good.I have just sold off all my shares at 88 sen for you to hold and i am now enjoying some kopi-oh money. Thank you again.
2012-03-08 08:05 | Report Abuse
YB Mr Chong. Looks like you do not have to sleep. You are watching ECM even at 2 am in the morning. You must have punt all your money in this counter. How long have you actually waited since started investing in this counter in the hope for rising price. Has the volume started to move ?
2012-03-07 11:40 | Report Abuse
YB lotsofmoney, pls advise how you derive the 2 % turnaround commission charge ? How come so high ? Are you saying we should not jump in now as there is room for further drop?
2012-03-07 08:56 | Report Abuse
Oh dear, what goes up very fast, comes down really fast. Its healthy and its time to jump in at any good bargain. KLCI will have to drop at least 15 points today because yesterday they push it up towards end of the day.
2012-03-06 11:57 | Report Abuse
I think its high time this counter rises to above 70 sen again. Hope to hear more news soon. It announced before about placement of shares to certain selected parties and has been approved by authorities. For placement of shares it has to be at least par value RM1.00 So please start to accumulate the shares and they will have to move close to RM1 before the placement. There is upside of about 30 sen.
2012-03-06 11:35 | Report Abuse
See today! This is what I say scream (and enjoy) when the roller coaster now slides down. Thanks goodness, I liquidated quite some blue chips yesterday. It may be time to pick or maybe not. Let us watch cautiously what is happening in the regional market and what happens to Europe in the afternoon. Oh dear a sea of red and mostly look so attractive and tempting too.
2012-03-05 14:57 | Report Abuse
When there is a pop followed by a drop, surely there will be more pops up and down as well which fund managers call "a lot of volatility". Smart traders will find such occurrence plenty of opportunity to make money. Don't miss the roller coaster ride but please scream along.
2012-03-05 12:27 | Report Abuse
If not today, it will break by tomorrow. It is just 4 points away. Just give a few sen to Genting counter and that is it - Bingo and its broken. Happy now ?
2012-03-05 11:26 | Report Abuse
Fully agree that more foreign funds will come into regional area of which Malaysia is one. These are the the cheap monies from all the QEs initiated from the Western world swaying into the region to buy up regional equities. More excitement ahead.
2012-03-05 10:36 | Report Abuse
Come on, not yet for the dip. Please give the retailers the chance to move into the penny stocks first. Now the index will break 1,600 to create more merry and celebrations, excites everyone to then rotate to the penny shares. Watch out the share volume as retailers will be grabbing all sorts of penny shares real soon. Let us not talk too negatively. Its time to feel happy and join the fun. Good luck to everyone.
2012-03-05 08:28 | Report Abuse
For the above summary, it is well recommended to present the dividend yield for the last two financial years. This allows us to benchmark against other counters. Hope we can see some improvement on the list above.
2012-03-04 19:09 | Report Abuse
It really sound like GE is around the corner, if one really notice our PM is working so really hard even though his hair is so so much greyer. you can her the news everywhere everyday. THEY ARE ALL SAYING IT IS JUNE and my birthday falls in June too.
2012-03-04 15:49 | Report Abuse
The cheap money from Europe is just being approved and time is needed where the money should be channeled. So there is plenty of time. Take it easy and don't run away that fast ! you may miss the ship. Give it a few more months and see how it goes. Take profit and invest in more profits. Election is around the corner and there will be more good news on how to spend the taxpayers money - more announcements of mega projects etc etc and to create the feel good factor.
2012-03-04 15:38 | Report Abuse
Thank you KW Tan for the encouragement. I used to invest in Public Mutual funds and made quite a bit by way of ongoing frequent switching between equities and bond and paid the switching fee of RM25 per switch. But came July 2011, Public Mutual changed its goal post (to stop / discourage people like me) and start charging switching fees based on percentage on NRV value for those switches within 3 months. It hurts really and I immediately withdrew all my funds from Public Mutual and start to do my own direct investment. Imagine for Public Mutual, even before you make money they have taken the initial 5 % from you and this sucks. Then there is this so called yearly management fees deducted as well. Its really expensive. Now my objective is to benchmark my portfolio growth (return %)against Public Mutual growth to see if I can out-beat it!
Nice talking to you.
Cherrio.
2012-03-04 12:14 | Report Abuse
Jake, maybe you can tell me whether the uncles and aunties are now talking all dialects at the broking house. I am a modern trader sitting in front of the computer and looking at graphs etc. I noted your point and it makes sense. I will be happy if we have the crowd build up now. Maybe someone should advise us or if not can someone pop over and see how it goes and feed back.
2012-03-04 11:33 | Report Abuse
Can someone tell me if I have done well in my portfolio. I started in August 2011 with a cash injection into equity market of RM250,000 and I have now generated a return of about RM23,500. This is equivalent to a percentage return on capital of 9.4 % over 7 months = annual return of 16 %. I have still 5 months to go before my financial year end I set an objective that by year close, I must achieve an annual return of close to 18 %. Can someone say something to motivate me to achieve my objective by end of July. Thank you.
2012-03-04 11:17 | Report Abuse
We still have more time to make some more money. Next week will be exciting with ups and downs. Agree that KLCI will be all time high because it is so much easier to push 30 main stocks now. We will see some upside next week.
2012-03-04 10:39 | Report Abuse
Ooi, all of you, see this coming week it will exceed 1,600 points and it should be hitting 1,650 points very soon. Remember KLCI is now 30 counters instead of the previous 100 counters. So these people behind the scene have an easy job i.e just punt on the top 30, thats it !!! Remember it is an election year and when KLCI is high, thy hope investors like us will giggle and laugh to the election box.
2012-03-04 10:13 | Report Abuse
There is plenty of liquidity at low cost in the market and it presents good opportunity to move funds from money market to equities. I am seeing some rotational play into penny shares next week after a good run in the blue chips last week. There will be positive and negative news from the global business environment which will create a lot of volatility in the market prices and will offer a lot of opportunity for traders to make good money. Good luck.
2012-03-04 10:07 | Report Abuse
I fully agree KLCI will reach 1,600 points and above, no doubt about that.
capital gain tax
2012-03-13 09:30 | Report Abuse
I also kindly and sincerely and smartly ask you to shut up with sensitive questions before the authority picks up and get smarter nad spoil our games.