Providing investors with insight and perspective for Malaysia stock and derivatives markets.
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2016-01-27 17:43 | Report Abuse
Those are the index counters that the invisible hands are defending. Imagine what will happen to the market if the these index counters also collapse.
2016-01-25 11:07 | Report Abuse
Kevin, I agree. There are probably thousands of ways making money in the market. Warren Buffett and George Soros both have different ways of approaching the market, but both of them are successful.
2016-01-25 10:58 | Report Abuse
A lower beta stock, i.e less than 1 would theoretically "outperform" the market with the magnitude of decline lesser than the overall market.
2016-01-17 13:51 | Report Abuse
Chill guys, this is just for fun. Don't need take it too seriously and over analyze.
2016-01-17 00:32 | Report Abuse
In 3Q2015, even though the GRM is $6.3, still $138 million of stock holding loss due 23% drop in crude price overshadowed previous 1H2015 stock holding gain of $101 million. Anyway, let's wait for the figure in one month time then.
2016-01-17 00:02 | Report Abuse
Yuefei01, spot on! According to Singapore benchmark GRM, refinery margin was $5.8 in Q1, $4.8 in Q2, $6.3 in Q3 and average at $8.6 in Q4. The wild card is still on the stock holding gain/loss in Q4 as crude price has been fallen 18%.
2016-01-16 21:21 | Report Abuse
Send me your spreadsheet calculation to mystockdeck@gmail.com, and I will have a look.
2016-01-16 21:07 | Report Abuse
How do you derive a 200m profit?
2016-01-16 20:57 | Report Abuse
I hope I was wrong. But, based on the P&L it shows that it is indeed difficult for the company to turnaround.
2016-01-10 17:22 | Report Abuse
Since master Icon posting article on candlestick particularly. Let me give my 2 sense based on my experience on candlestick charting.
Candlestick chart pattern shouldn't be treated as a holy grail system to identity the supply and demand of a stock even it's only for 10 days. All the stocks trading in Malaysia have its own characteristic whereby each of them are control by separate operators or major shareholders. Hence, it leads to different way of candlestick patterns, you can look back at the historical chart to identify how the price opened and closed are way different than in the text book.
One way to avoid the trap of buying into a false bullish candlestick pattern is to make sure you only apply this technique into a healthy breadth stock with ample of buy and sell orders queuing. The is to avoid sudden jump in the price and gap that will easily detriment the candlestick pattern. So, volume is important.
If you invest using FA, you won't be having this problem, cause you just going to buy at low PE and sell at high PE, volume and breadth is basically not a problem.
Think I should just stop here before the comment is getting into the whole page. Cheers!
2016-01-09 21:21 | Report Abuse
We need to see how it reacts near the resistance, but breaking the Aug low seems like a very high possibility now.
2016-01-09 16:31 | Report Abuse
We still feel that plantation companies will not see any sunshine soon in the 1H2016. December inventory expected to drop 6% and at the current level of historical high stockpiles and slow export, it's really difficult to drive the palm oil price higher. Cooking oil has high correlation with crude oil (refer to the chart above) and that just make it even harder to decouple from it. The only positive catalyst in the sector is the weakening of ringgit as mentioned that can support the price near term, else it is just a sucker rally as most of the plantation counters has fall back to previous level.
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2016-02-02 09:43 | Report Abuse
http://klse.i3investor.com/blogs/mystockdeck/90096.jsp