O&G...a favorite pick lead by petronas.....Could be a flavor on KLSE...

I anticipate a lot of barrier for Malton to move up....

resolution pass during AGM for company to buy back shares to stabilze price today..good strategy...all shareholders, directors, Felda very happy...potential upside.....interesting...if confident hold...the choice is yours....

slts...short future???

let's see what happen in afternoon session....

55880955.....you are good...

i will only buy malton if it is below 0.50....

The rationale why I am so confident with Pantech is because they have a defend strategy plus fundamental and the actual value of the stock exceed 1.40.....The heavy selldown was mostly by contra players, e-sos holders plus current market condition....

If got confident in Pantech I would recommend to hold....29 August is Pantech special AGM to buy back shares from market to stabilize price...Decision is yours

yes sir Mr.Rchi...you are right...

Don't panic if you are holding good stocks.....a matter of time...

Shareholders/Felda/Directors plus some big boys....

btw..I think afternoon session will send some signal....I guess..

slts...now you are talking...I agree...

Hiddengem....I kind of agree with 55880955...

Posted by 55880955 > Aug 27, 2013 09:30 AM | Report Abuse

no matter how u like it,better to buy towards 0.92.rchi,thats the temporary res lvl-3.33 on one count.Dont think rgt will depreciate much further from current level

onthe other note AGM is on 29th August...Hopefully something good will come out...Anyway, there is no foreign funds in Pantech...so why worry??

Actually..I sold other stocks but still holding pantech...average price still ok...

still watching....I still believe in this counter.....a matter of time before market recover....dividen also comming...

On stanby....My fishing rod ready...

yummy...delicious...

Public Bank TP 3.29????Boleh kah???

55880955....Agreed...

HwangDBS Vickers Research said there is another chance for the key index to stage technical rebound and pull away from the immediate support line of 1,720 today.

The index recovered to a high of 1,729.86 before retreating subsequently to close at 1,721.07 on Friday.

HwangDBS said investors' sentiments would likely get a lift from better external vibes ahead.

"This comes as key US stock indices rose between 0.3 per cent and 0.5 per cent on Friday in response to weak housing sales data, which in turn has fuelled speculations that the Federal Reserve might not taper its monetary stimulus initiatives anytime soon," it said in a note.

The ringgit opened higher against the US dollar in early trading today, buoyed by better demand for the local currency, a dealer said.

At 9.18am, the ringgit was traded marginally higher at 3.2940/2970 against the greenback from last Friday's closing at 3.2990/3020.

However, the local unit was traded mixed against other major currencies.

The ringgit was slightly firmer against the Singapore dollar at 2.5750/5776 from 2.5777/5809 on Friday but was flat against the Japanese yen to 3.3381/3428 from 3.3381/3414 last week.

Against the British pound, the local currency appreciated to 5.1314/1374 from 5.1544/1600 on Friday and against the euro it was traded lower at 4.4097/4144 from 4.4088/4131 last week.

Malton's counter not that safe lah...Net research is more realistic compared to RHB....I will wait for another week to see the movement of this counter...if it slides below 0.80 better don't touch...don't know what is the rock bottom...

Short-term rates are expected to remain stable next week as Bank Negara Malaysia (BNM) is expected to continue to intervene in the market to mop up excess liquidity, dealers said.

The market is expected to be flushed with funds and the central bank would call for tenders to absorb the surplus funds, a dealer said.

For the week just-ended, the overnight, one-, two- and three-week rates were flat at 2.92 per cent, 2.97 per cent, 3.01 per cent and 3.04 per cent respectively.

BNM intervened on a daily basis to mop up excess funds by conducting conventional, repo, Al-Wadiah and Commodity Murabahah Programme tenders.

It also called for late tenders to reduce the surplus and offered repo tenders on a daily basis.

The liquidity surplus in the conventional operations during the week fell to RM15.466 billion, and in the Islamic system it declined to RM1.853 billion.

The ringgit is expected to recover next week in line with the FTSE Bursa Malaysia KLCI on better economic environment.

Affin Investment Bank vice president and head of retail research, Dr Nazri Khan, said despite the weaker local gross domestic product as well as selloff seen in Bursa Malaysia and ringgit, the local market was still holding up better than other emerging economies' currencies, including Indonesia, India and
Brazil.

"We expect selling momentum to subside riding on Bursa Malaysia's defensive appeal, resilient current account surplus (RM2.6 billion as at second quarter 2013) and its lower vulnerability to foreign investor withdrawals," he told Bernama.

Meanwhile, Alliance Research economist, Manokaran Mottain, said despite the recent volatility in the ringgit, the research house would maintain its target for the year at 3.12 per US dollar.

"The depreciating trend was evident across most emerging markets' currencies on the back of the recent speculation regarding the scaling down of quantitative easing in the US," he said.

For the week just-ended, the ringgit eased against the greenback at 3.2990/3020 from 3.2748/2778 last Friday.

The local currency was higher against the Singapore dollar at 2.5777/5809 from 2.5784/5818 last week and appreciated against the yen at 3.3381/3414 from 3.3588/3632 last Friday.

It was weaker against the British pound at 5.1544/1600 from 5.1218/1275 last Friday and easier against the euro at 4.4088/4131 from 4.3676/3719 last week.

The FBM KLCI is likely to move slightly higher next next week on technical rebound amid positive economic data.

The key index is expected to trade with an immediate target level of 1,740 following the mild reversal of the global stocks.

Affin Investment Bank vice president and head of retail research, Dr Nazri Khan, said he expected selling momentum to subside on rotational play biased towards small-capitalised stocks and Bursa Malaysia's resilience and defensive appeal.

He said portfolio rebalancing with institutional funds positioning ahead of the tabling of Budget 2014 in October would also help boost the local bourse.

"Since hitting a new high in May, the local index has declined 5.8 per cent which is an ideally healthy for a correction," Nazri told Bernama.

The FBM KLCI hit a high of 1,826.22-level on May 6, boosted by a buying spree in the heavyweights, after the 13th General Election.

Nazri said the weakness in Bursa Malaysia would be temporarily stretched given the oversold market situation.

"We must caution, however, that oversold situation does not suggest that a final bottom has been seen as there is no selling climax yet to suggest a medium-term bottom," he said.

On a Friday-to-Friday basis, the FBM KLCI fell 67.17 points to 1,721.07 from 1,788.24 last Friday.

The Finance Index dived 802.98 points to 16,242.83, Industrial Index depreciated 107.32 points to 2,907.58 and the Plantation Index dropped 217.01 points to 8,101.72.

The FBM Emas Index eased 518.53 points to 11,958.82 and the FBMT100 Index went down 499.78 points to 11,701.19.

The FBM Mid 70 Index declined 758.05 points to 13,574 and the FBM Ace Index lost 233.38 points to 5,250.41.

Weekly turnover rose to 11.571 billion shares valued at RM14.206 billion from 10.335 billion shares valued at RM8.972 billion last week.

Main market volume increased to 8.893 billion units worth RM13.731 billion from 7.499 billion units worth RM8.474 billion previously.

Warrants surged to 419.613 million shares valued at RM41.203 million from 160.223 million shares valued at RM18.305 million last week.

The ACE market volume fell to 2.248 billion units worth RM426.08 million from 2.632 billion units worth RM1.395 million last Friday.-- Bernama

US/Europe/Asia....looks ok...Next week up all the way...hopefully...

no ummph lah this counter...I think RHB over rate Malton...

Overprice???Please check the price that Tabung Haji and Dubai Investment Group sell to BIMB Holdings...It was only 3.70...

Steve Jub...something like that lah....No pain...no gain....

no play...no play....

Very shaky....wait first lah....

Malton to my opinion...short term ok...Long term....don't know lah...especially with BNM ruling etc....

Sideline at the moment....Waiting for the best price to enter...

Pantech is for long term investment....other stocks in and out...

BBB79...six digit lah...not seven digit

manage to get some yesterday at a lower price....Still holding six digit number of Pantech shares...I didn't sell even a single of Pantech shares even though KLSE is in the sea of red...

Ladzat...btw...if Felda sell what is the issue..the company will buy back after 29 August...

Posted by SANG-JERO > Aug 14, 2013 09:23 AM | Report Abuse X

Pantech AGM on 29 August 2013 at 10.00 am at Bahamas 2&3, Level 12, Sunway Resort Hotel.. to table Proposed Renewal of Share Buy-Back...The proposal will be tabled as Special Business...

Potential advantages:

1. Stabilise supply and demand as well as price of shares.

2.To retained as treasury shares or resold on BMSB at a higher price with the intention of realising potential capital gain for the company without affecting the total issued and paid up capital of the company.

3. Would effectively reduce the number of shares..therefore EPS of the company would be increased and would benefit the shareholders.

4. Shareholders may enjoy an increase in the value of their investment arising from the consequent increase in EPS.

Ladzat...that is your opinion..no issue...Nothing to worry if you are a genuine investor...We can't avoid negative statement since the price below 0.70 to the current level...cheers...

all this is temporary....normal lah....If the Felda and the company is accumulating keeping why should we sell??

Steve Jub...If you factor in the dividen...your cost is somewhere around 0.95....I guess...

Some say crash...some say bear market attack....but overall for Malaysia...still ok...Wait and see...

"They" are waiting for seller to give at 1.00...

There is a lot of way to buy back...no need to announce...Use proxy lah...

Steve....Could not get that price....

anybody give...they take...

They want the price to look good before AGM....

Owner/Directors/Major shareholder buying back from market...Thinking of joining them....