jenabchen123

jenabchen123 | Joined since 2012-12-29

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Stock

2014-02-21 16:09 | Report Abuse

Keep steady sellers, don't sell cheap. Good time is coming.

Stock

2014-02-21 16:07 | Report Abuse

Almost 2000 new lots queuing!

Stock
Stock

2014-02-21 15:52 | Report Abuse

Unusual strong queue shown to grab SCable at low price now. Sellers holding well at 1.52.

Stock

2014-02-21 11:59 | Report Abuse

This is good followed up new from research by another analyst, Public in Nov 2013 with remarks as follows.

We expect more contracts from SCORE, with HSL expected to benefit the most for being Sarawak-based builder and strong balance sheet. However, valuations are not attractive in our view.

Stock

2014-02-21 11:54 | Report Abuse

Latest news from AM Research.

The Star reported that the Sarawak government is going ahead with the development of two major hydroelectric dams under its SCORE project.

Deputy Chief Minister Tan Sri Alfred Jabu said the state is proposing to build Baram and Balleh dams with installed capacities of 1,200MW and 1,295MW respectively.

This would effectively bump up Sarawak’s hydro capacity to nearly 6,000MW. The target is for Sarawak to have potential hydropower resources totalling 20,000MW, with another 8,000MW coming from coal.

We understand that the Baram dam would be a roller compacted concrete type with its crest elevation set at 185MW.

On the other hand, Baleh would be a 204-metre high concrete faced rockfill dam with a gated chute channel spillway, an intake structure, five power tunnels as well as a power station housing five generator units.

Sarawak Energy Bhd’s (SEB) corporate communication manager Ahadiah Zamhari was recently quoted as indicating that the Baram dam’s social environmental impact assessment (EIA) study is in the final stage, and a report is near completion.

We are encouraged by this development. The roll-out of both dams will likely act as a positive lever to boost SCORE’s energy capacity to meet increasing power requirements of energy-intensive industries.

At the moment, power from the existing 2,400MW Bakun and 944MW Murum dams have been pre-sold.

While the exact timeline remains unclear, we expect both projects to be rolled-out within the next one to two years. This should have a spillover effect for local Sarawakian contractors.

Notably, Sarawak Cable (BUY, FV: RM2.33/share) could be a key beneficiary of more power transmission lines that SEB would likely need to construct to meet future power load capacity. Select contractors such as Hock Seng Lee (BUY, FV: RM2.40/share) and KKB Engineering (HOLD, FV: RM2.71/share) may also benefit from a portion of civil-related works.

Stock

2014-02-21 11:39 | Report Abuse

This stock need to get more coverage from analysis houses, stock broking etc

Stock

2014-02-21 11:36 | Report Abuse

Need to learn you tactic Abg Duitbesar. Ada blog ke?

Stock

2014-02-21 03:02 | Report Abuse

Masuk cepat cepat Abg Duitbesar. DJI pun shrugged off bad new from China. Right now Dow Jones Index naik + 117 points.

Stock

2014-02-21 02:33 | Report Abuse

Abang Duitbesar sudah terjun masuk ke? Terjun masuk besar besar sedikit.

Stock

2014-02-21 02:30 | Report Abuse

Buy call from AM Securities!

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2014-02-21 02:28 | Report Abuse

Huge potential....

Stock

2014-02-20 17:36 | Report Abuse

Sudah lama not following Ah Ben. Ah Ben okay? Must be okay coz the price pun sudah stable.

Stock

2014-02-20 17:16 | Report Abuse

Tak apa, I will join the boat to pick up the disposal.

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2014-02-20 17:05 | Report Abuse

The Star reported that the Sarawak government is going ahead with the development of two major hydroelectric dams under its SCORE project.

Now more good news to make SCable a safe haven during difficult time.

Source: AmeSecurities

Deputy Chief Minister Tan Sri Alfred Jabu said the state is proposing to build Baram and Balleh dams with installed capacities of 1,200MW and 1,295MW respectively.

This would effectively bump up Sarawak’s hydro capacity to nearly 6,000MW. The target is for Sarawak to have potential hydropower resources totalling 20,000MW, with another 8,000MW coming from coal.

We understand that the Baram dam would be a roller compacted concrete type with its crest elevation set at 185MW.

On the other hand, Baleh would be a 204-metre high concrete faced rockfill dam with a gated chute channel spillway, an intake structure, five power tunnels as well as a power station housing five generator units.

Sarawak Energy Bhd’s (SEB) corporate communication manager Ahadiah Zamhari was recently quoted as indicating that the Baram dam’s social environmental impact assessment (EIA) study is in the final stage, and a report is near completion.

We are encouraged by this development. The roll-out of both dams will likely act as a positive lever to boost SCORE’s energy capacity to meet increasing power requirements of energy-intensive industries.

At the moment, power from the existing 2,400MW Bakun and 944MW Murum dams have been pre-sold.

While the exact timeline remains unclear, we expect both projects to be rolled-out within the next one to two years. This should have a spillover effect for local Sarawakian contractors.

Notably, Sarawak Cable (BUY, FV: RM2.33/share) could be a key beneficiary of more power transmission lines that SEB would likely need to construct to meet future power load capacity. Select contractors such as Hock Seng Lee (BUY, FV: RM2.40/share) and KKB Engineering (HOLD, FV: RM2.71/share) may also benefit from a portion of civil-related works for the dams.

Likewise, Bintulu Port (unrated) could benefit from increased throughput capacity once the new Samalaju port is ready.

Stock

2014-02-20 17:03 | Report Abuse

Semut inside sarang semut, Tewnama.

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2014-02-20 17:01 | Report Abuse

Market CNY today but MTDACPI holding pretty well. Not much distressed selling interest.

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2014-02-19 15:58 | Report Abuse

Voulme so far 1.5 mil done with the price moving up. Not bad!

Stock

2014-02-19 15:49 | Report Abuse

Volume so far half a mil and the price is holding well. The good thing seller is holding fort and buyer need to pay asking price. a good sign. But why suddenly increase in interest in MTDACPI?

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2014-02-19 11:51 | Report Abuse

2.77 now with small block at 2.78. If breaches, good chance to sail up further.

Stock

2014-02-19 11:26 | Report Abuse

Touches 2.76 now.

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2014-02-19 11:25 | Report Abuse

hLG upped its TP to 3.38, PB TP stays intact at 3.53. It starts moving today.

Stock

2014-02-19 11:17 | Report Abuse

Half sen increase and holding steady. But buying volume not strong.

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2014-02-19 01:48 | Report Abuse

Kuda Serendah Bang :)

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2014-02-19 01:42 | Report Abuse

Buying signal emerged followed by the price increase with volume. But too early day and got to wait a few more trading days to confirm the upward trending provided volume keep coming in. 1st resistance seen at 0.53 with support seen at 0.46. Will take chance and hold position despite RSI touched 70.

News & Blogs

2014-02-18 22:49 | Report Abuse

Just to share this interesting article.

Feb 17, 2014 MARKETS
Stocks Near Records as Caution Recedes

By E.S. BROWNING

Bloomberg News
Don’t look now, but after all that January anxiety, investors have pushed the S&P 500 stock index back almost to a record.

Both the Dow Jones Industrial Average and the S&P 500 last week recorded their strongest weekly gains since December, albeit in light trading. The rally left the S&P 0.5% from a record and the Dow 2.6% away.

The reason: All the things people worried about in January, including troubled developing-country economies, uncertain U.S. corporate earnings and cuts in Federal Reserve stimulus, seem less worrisome today.

And as had been widely predicted, some money managers are shifting out of developing-country stocks and into the U.S., Europe and Japan.

“People realized a Lehman event wasn’t coming,” said Jeff Mortimer, director of investment strategy at BNY Mellon Wealth Management, which oversees $185 billion. He was referring to the 2008 collapse of Lehman Brothers Holdings Inc.

“The market is looking through near-term economic softness and looking forward to a stronger second half,” he said.

Investors who feared a 10% stock-market pullback now have decided that the path of least resistance is upward again. They are putting money back into U.S. stocks.

“Concerns about weak Chinese growth and a tighter Fed, which spurred recent volatility, have eased after recent data and statements from central bank officials,” said BarclaysBARC.LN +1.66% economist Michael Gapen in a report last week.

The problem, of course, is that U.S. stocks still haven’t had a 10% pullback since 2011, and many analysts still think one is coming.

As investors become more complacent about the future, they bid stocks higher. The higher stocks rise, the more expensive they look compared to corporate earnings, and the bigger the risk of a sharp drop if there is an unsettling news development. After last year’s gains, the S&P 500 is trading at 18 times its component companies’ earnings of the past year, well above the long-term average of 15 to 16.

But as Mr. Mortimer noted, most of those who expect a decline generally don’t expect anything like what happened in 2008. So as stocks rebound, few are frightened enough to pull back. Their main concern is to be sure they benefit from future gains.

“It is easy to come up with all sorts of scenarios where we would have a 10% correction at any time,” said Seth Masters, chief investment officer for Bernstein Global Wealth Management, which oversees $71 billion in New York.

And yet Mr. Masters’s firm is keeping a higher-than-normal allocation of money to stocks. He expects U.S. stocks to return around 7% or 8% for 2014 when the year is done, including dividends. That is far below last year’s 32% total return for the S&P, but it is better than most people expect from other investment choices, such as bonds.

In fact, Mr. Masters calculates, this kind of modest annual return would take the Dow well past 20000 by this time in 2018, from 16154 today. The one thing that would prevent that, of course, is another crisis. Mr. Masters and many other money managers think the financial system isn’t suffering from the kind of excess that would cause that.

Now that stocks have doubled or tripled off their 2009 lows and no longer look cheap, they are likely to face some nasty, temporary pullbacks, but nothing more, these money managers expect. They see a future of moderate economic growth, low inflation and a still very friendly Federal Reserve.

Mr. Mortimer of BNY Mellon has a similar outlook, foreseeing a 3% to 6% gain before dividends, which means 5% to 8% including dividends.

What keeps these optimistic money managers from foreseeing even stronger stock gains is that there are too many potential stumbling blocks ahead. Earnings are an example.

Eighty percent of the companies in the S&P 500 have reported fourth-quarter profits and two-thirds came in above analyst expectations, according to Thomson Reuters I/B/E/S. That exceeds the post-1994 average of 63% and matches the level of the past four quarters. The average stock rose 0.84% on the trading day following its report, the biggest average gain since the middle of 2009, said a report from Bespoke Investment Group. So after a tentative start in January, earnings-reporting season gave stocks a boost.

But while investors were buying, analysts were chewing their nails. Analysts have cut estimates for 760 public companies in the past four weeks and raised estimates for only 457, Bespoke reported.

The results, in other words, have been strong enough to push stocks higher, but the outlook remains murky, as it so often is. Data from FactSet, a research company, show that 81% of companies that have provided forecasts for the first quarter have warned that earnings will be lower than analysts expect.

Stock

2014-02-18 22:29 | Report Abuse

But let the Q3 comes out first. Something brewing?

Stock

2014-02-18 22:21 | Report Abuse

Maintain outperform. We maintain our Outperform call on AAX with an unchanged 12-month target price of RM1.29 based on DCF valuation. We believe its current share price has already reflected the weaker ringgit against the US dollar as well as stiff competition from MAS. We remain positive on its long-term prospects and believe AAX can successfully execute its growth plans, in particular its hub-and-spoke strategic plans. AAX‟s upcoming hub in Bangkok will provide another growth engine for the airline.

Source: PublicInvest Research - 12 Feb 2014

Ringgit stabilised and showing some strenghtening recently. Any strenghtening of Ringgit will be good for AAX if the above analysis is accurate.

Stock

2014-02-18 22:09 | Report Abuse

The next ONG related company to run pretty pretty soon. If only I could have info on ESOS .... This could be the one holding back the rise of price as it keep fueling the buyers at low price. But good time to accumulate though.

Stock

2014-02-18 21:42 | Report Abuse

Closed +3 sen today! Volume traded suddenly surged to 1.74 million with 730 lots queued to buy at the closed price. Financial qtr to be closed next month. Any good news out there???

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2014-02-18 14:40 | Report Abuse

:) sometimes or most times visited there picking tips. Many sifus there :)

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2014-02-18 14:38 | Report Abuse

More interest coming to Construction related stocks. FT, 0.60 is next TP??

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2014-02-18 14:31 | Report Abuse

Highest 0.52 and it breaks with exceptionally high volume of 1.37 million share. Good time coming?

Stock

2014-02-17 21:18 | Report Abuse

Good time to average down bro. Prospect is still good.

Stock

2014-02-17 02:19 | Report Abuse

Tomorrow it will caress 0.50 Franky.

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2014-02-17 01:55 | Report Abuse

Itu Tony still okay kah? Itu F1 team, itu team bola, still okay or going to the drain?

General

2014-02-16 02:06 | Report Abuse

AT, jaga jaga, jangan sampai short circuit, nanti semua rumah mahu masuk.

General

2014-02-16 01:51 | Report Abuse

The up and down of share boleh buat setengah org giler.........

Stock

2014-02-16 00:37 | Report Abuse

In order for them to do that, the overall motor business need to be profitable. And if it is indeed profitable, with the recent increase of motor tariff and insurance premium goes up, the better future outlook for takaful malaysia. Good for long term investor.

Stock

2014-02-14 17:51 | Report Abuse

Ohkns, I take over the flag from you :)

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2014-02-14 17:44 | Report Abuse

AA and AAX go opposite ways ..........

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2014-02-14 17:42 | Report Abuse

No need bro. Sharing is caring.

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2014-02-14 16:36 | Report Abuse

Ask Public Bank. They could chanting its mutual fund manager to support AAX.

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2014-02-14 16:32 | Report Abuse

Good buying interest. Buying selling 3:1.

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2014-02-14 15:55 | Report Abuse

Bad news coming out??

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2014-02-14 15:48 | Report Abuse

Watch out! Buying queue is building up.

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2014-02-14 14:34 | Report Abuse

Scable steady at 1.52 this morning.

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2014-02-14 14:16 | Report Abuse

Mâcha tidur lah.

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2014-02-14 12:34 | Report Abuse

Vrooom, vroooom! Bugatti Veyron in the making.....