“While conservative investors may buy our weekly roadshow 20 Featured Stocks i.e. CMSB, Matrix, Axiata, TM, Digi, IGBReit, PavReit, DKLS, GabunganAQR, Pintaras, Malton, Censof, Tasek, Layhong, Homeriz, Scicom, BTech, MMSV, Technic and Scientex, aggressive bulls might consider buying FBM KLCI index futures on a breakout above 1840, positioning for a larger jump,” he said.

#KLCI week ahead* KLCI to consolidate sideways
Saturday, 04 October 2014 09:37
KUALA LUMPUR (Oct 4): The FBM KLCI is expected to consolidate during a holiday-shortened trading period next week ahead of the tabling of Budget 2015 on Friday, Oct 10.

At the global markets, a strong improvement in the U.S. jobs market lifted the dollar to a four-year high against a basket of currencies on Friday while stocks also extended gains, taking heart from more evidence of a sustained recovery in the world's largest economy, according to Reuters.

Closely followed non-farm payrolls data for September showed U.S. employers had added 248,000 jobs, up from an upwardly revised 180,000 the previous month and beating forecasts of the 215,000 economists polled by Reuters had predicted beforehand. The jobless rate fell to a six-year low of 5.9 percent, it said.

All d stories of US/China r purposely done to push prices down called "major correction"nothing but intellectuality otherwise share price may hit d sky d world economy collapses. Both in US/China about 2 mths no money to buy houses now suddenly got money already so consumer spending good so gud for mkt.Global mkts suppose to go up but Hong Kong crisis unexpected?During this period of uncertainly don't forget O&G stocks were steady some positive news it is going to spike so don't worry. For your info only my friend was in Los Angeles, last month he told me cost of living is very very cheap n d ppl there r extremely polite n well mannered.He bought me a jeans costing USD15. What is happening here? Now petrol price up cost of living going up !!!!!!!!!!

#US Stocks* Wall St rallies; S&P 500 posts best day since August
Saturday, 04 October 2014 07:05
NEW YORK (Oct 3): The S&P 500 posted its best day since August on Friday following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy.

Dow Jones 17,009.69 +208.64 1.24%
Nasdaq 4,475.62 +45.43 1.03%

Dow Jones 17,009.69 +208.64 1.24%
Nasdaq 4,475.62 +45.43 1.03%

Malaysian palm oil rises as crude bounces back








KUALA LUMPUR: Malaysian palm oil futures rose on Friday as crude oil bounced off a 27-month low, although the ringgit's strength curbed the gains and pulled the tropical oil to its first weekly drop in five.

Brent crude oil futures edged up on Friday to around $93.50 a barrel after a
three-day slide pushed prices to their lowest since 2012. The benchmark has
fallen more than 15 percent this year as global supplies remained high despite
rising conflict in the Middle East.
Palm oil typically moves in sync with crude oil prices due to its rising use
as a biofuel. Weaker crude oil prices makes the use of palm as a "green"
alternative less attractive.
"The sharp rebound in crude oil overnight should kick back buying interest
again, but the gains will be limited because of the ringgit," said a palm oil
trader with a foreign commodities brokerage in Kuala Lumpur.
The Malaysian ringgit added 0.06 percent and trading at 3.275 per
dollar at 0752 GMT on Friday.
The benchmark December contract on the Bursa Malaysia Derivatives
Exchange had inched up 1.1 percent to 2,170 ringgit ($666) per tonne by Friday's

Malaysian palm oil rises as crude bounces back








KUALA LUMPUR: Malaysian palm oil futures rose on Friday as crude oil bounced off a 27-month low, although the ringgit's strength curbed the gains and pulled the tropical oil to its first weekly drop in five.

Brent crude oil futures edged up on Friday to around $93.50 a barrel after a
three-day slide pushed prices to their lowest since 2012. The benchmark has
fallen more than 15 percent this year as global supplies remained high despite
rising conflict in the Middle East.
Palm oil typically moves in sync with crude oil prices due to its rising use
as a biofuel. Weaker crude oil prices makes the use of palm as a "green"
alternative less attractive.
"The sharp rebound in crude oil overnight should kick back buying interest
again, but the gains will be limited because of the ringgit," said a palm oil
trader with a foreign commodities brokerage in Kuala Lumpur.
The Malaysian ringgit added 0.06 percent and trading at 3.275 per
dollar at 0752 GMT on Friday.
The benchmark December contract on the Bursa Malaysia Derivatives
Exchange had inched up 1.1 percent to 2,170 ringgit ($666) per tonne by Friday's close.

Oil prices were up. US benchmark West Texas Intermediate (WTI) for November delivery rose 21 cents to US$91.22, while Brent crude for November gained 11 cents to US$93.53 in afternoon trade.

HONG KONG: Asian markets mostly rose Friday ahead of a key US jobs report, while Hong Kong reversed morning losses as the financial hub's leaders prepare to meet pro-democracy protestors who have closed parts of the city for the past week.

#Highlight* B.C. leader 'confident' Petronas LNG project in Canada to move ahead

I told you all to buy!

"CNASIA forum" i have been telling you all to buy but now gone so high HS is doing something!

I am not supporting subsidies but we have no control on Govt but at least lets save some from TOLL, every corner we r being squeezed!

Govt only taking but not giving if petrol price have to go up ok but al least get rid of d toll or at least reduce by 50%,

PETALING JAYA: The Government could potentially save up to RM10bil next year if the current downtrend in global oil prices continues and the recent reduction in the fuel subsidy at local petrol pumps is maintained.
............@ Ring: this kind of news in d media may lift Klci up n d forth coming Budget 15 obviously going to boost Klci for foreigners to come n Asia is going to be d highest consumer O&G.

Plantation firms see CPO price rebound
BY ZAIDI ISHAM ISMAIL - 2 OCTOBER 2014 @ 11:47 PM

SANDAKAN: Malaysia’s crude palm oil (CPO) prices, at their lowest in five years, may have bottomed out and could rebound on better outlook due to the upcoming festivities and biodiesel uptake.

RAPID is a multi billion ringgit project so 2015 budget should provide some goodies for O&G?

Hope by then Hong Kong crisis over.

KUALA LUMPUR: The equity market is likely to stage a rally in the run-up to the Budget 2015 announcement by Prime Minister Datuk Seri Najib Tun Razak on Oct 10.

Analysts contacted by Bernama said the market would be positive with bargain-hunting interest in the power, healthcare, construction, oil and gas sectors prior to the announcement.

KUALA LUMPUR: Instacom Group Bhd has made an offer to buy a 35% stake of Neata Aluminium (Malaysia) Sdn Bhd for RM58mil in an all-share deal as it diversifies into aluminium design and fabrication.

Instacom said on Thursday it had signed a conditional share sale agreement with Ooi Eng Kean, Nor Mohd Amin Shaharudin, Ang Li-Hann and Chia Kok Seng to buy their combined 35% stake comprising of 1.40 million shares.

Correction Gear box jammed by China, in this century still belief in communism?

Japan business confidence up in second quarter
Posted on October 1, 2014, Wednesday
Japanese business confidence improved in the three months to September after it sagged following a sales tax hike in April, a quarterly study from the Bank of Japan showed Wednesday.

The Tankan survey showed confidence among large manufacturers stood at plus 13, up by one point from the previous quarter, against the market forecast of plus 10.

John Carey, a Boston-based fund manager with Pioneer Investment Management Inc. and a Republican, gives Obama a B+ grade on the economy and business environment. Growth is steady, financial markets are robust and deficit spending has come down, he said.

Corporate U.S. healthiest in decades under Obama with lower debt
Thursday, 02 October 2014 17:52
(Oct 2): Steve Wynn, founder of the Wynn Resorts Ltd. casino empire, once called President Barack Obama’s administration “the greatest wet blanket to business and progress and job creation in my lifetime.” Barry Sternlicht, chief executive officer of Starwood Property Trust Inc., said Obamacare was driving down wage growth and “affecting spending and the desire to buy houses and everything else.”

Type Announcement
Subject OTHERS
Description ETI TECH CORPORATION BERHAD ("ETITECH" or "the Company")
Outcome of the Court Convened Creditors Meetings ("CCM")
Reference is made to the earlier announcement dated 19 August 2014, 18 September 2014, 23 September 2014 and 29 September 2014, the Board of Directors of ETITECH wishes to announce all the resolutions put to vote in the CCM had been approved by all scheme creditors.
This announcement is dated 02 October 2014.

www.bursamalaysia.com/market/listed-companies/company-announcements/1755233

“The announcement of the fuel-price hike is positive for economic fundamentals,” said Tim Condon, the Singapore-based head of Asia research at ING Groep NV. “People will invest behind that kind of a theme.”

The ringgit advanced 0.6 percent, the most since Aug. 15, to 3.2525 per dollar as of 10:59 a.m. in Kuala Lumpur, data compiled by Bloomberg show. The currency reached 3.2870 yesterday, the weakest level since March 27.

Oil rises to over US$95
Thursday, October 2, 2014 - 01:19
LONDON: Oil rose from a more than two-year low to over US$95 a barrel yesterday as a slightly better-than-expected Chinese factory survey countered worries of an economic slowdown in the world’s No. 2 oil consumer and ample supplies.

KUALA LUMPUR (Oct 2): Hong Leong IB Research (HLIB) expects expect part of the savings from the fuel subsidy cut (about RM3.3 billion) to be spent in the form of higher BR1M payment of about RM150 for 2015 (additional cost of about RM1.2 billion).

First palm oil price drop then crude oil then Hong Kong independent crisis n now Ebola...always think God is great so plenty of buying opportunity.

MIDF Research maintains positive on O&G sector; Dayang, SapuraKencana top Buys
Thursday, 02 October 2014 08:51
KUALA LUMPUR (Oct 2): MIDF Research has maintained its Positive stance on the oil and gas sector with Dayang Enterprise Holdings Bhd (target price: RM4.37) and SapuraKencana Petroleum Bhd (TP: RM5.59) as its top Buys.

In a note Thursday, the research house said global crude oil prices have slumped dramatically in the second half of the year.

“Despite weak crude oil prices, local oil and gas stocks are expected to remain resilient.

“Local offshore activity levels are expected to remain buoyant,” it said.

MIDF Research maintains positive on O&G sector; Dayang, SapuraKencana top Buys
Thursday, 02 October 2014 08:51
KUALA LUMPUR (Oct 2): MIDF Research has maintained its Positive stance on the oil and gas sector with Dayang Enterprise Holdings Bhd (target price: RM4.37) and SapuraKencana Petroleum Bhd (TP: RM5.59) as its top Buys.

In a note Thursday, the research house said global crude oil prices have slumped dramatically in the second half of the year.

“Despite weak crude oil prices, local oil and gas stocks are expected to remain resilient.

“Local offshore activity levels are expected to remain buoyant,” it said.

Oil rises to over US$95
2 OCTOBER 2014 @ 1:19 AM

LONDON: Oil rose from a more than two-year low to over US$95 a barrel yesterday as a slightly better-than-expected Chinese factory survey countered worries of an economic slowdown in the world’s No. 2 oil consumer and ample supplies.

LONDON: Oil edged up from a more than two-year low to near US$95 (RM311) a barrel yesterday as a slightly better-than-expected Chinese factory survey countered worries of an economic slowdown in the world’s No. 2 oil consumer

Oil rises to over US$95
Thursday, October 2, 2014 - 01:19
LONDON: Oil rose from a more than two-year low to over US$95 a barrel yesterday as a slightly better-than-expected Chinese factory survey countered worries of an economic slowdown in the world’s No. 2 oil consumer and ample supplies.

Flash floods have struck central Kuala Lumpur this evening, just as office workers were about to leave the city for home.

Reports and photos of the flood began appearing on social media sites after 5pm during an hour-long downpour, as road user complained of the resulting traffic mayhem.

According to Star Radio Traffic’s twitter account @mytraffic, the roads flooded include Jalan Sultan Ismail, Jalan Chan Sow Lin, Jelatek LRT station, the Cheras roundabout tunnel......Ring: every time got downpour "flash floods" now car damaged want to put d expensive petrol also cannot...ha ha what is happening?

Govt says with d increase in petrol/diesel price subsidy can be reduced, i think bonus n wage increase for certain sector of employees, may be announced on 10th Oct.Senior citizens ex employees of private sector who have served in many sectors n especially in d plantation gets "0" from d Govt.Don't forget life spent of senior citizens r increasing with advancement in medical science n their vote becomes vital? All this increases is causing massive burden n GST coming!

U.S. shares of Tekmira Pharmaceuticals jumped 30 percent before the bell to $27.45, and was among the most heavily traded Nasdaq names. The stock has seen heavy interest and has more than doubled thus far in 2014. In September, its Ebola drug was tested in West Africa in a bid to fast-track trials.

What happened all our money?

Govt reducing corporate tax n increasing RON95 by 20cts after midnight...shit!

KUALA LUMPUR (Oct 1): There could be further reductions in corporate tax announced in the upcoming Budget 2015, according to Pricewaterhouse Coopers (PwC) Taxation Services Sdn Bhd Senior Executive Director Jagdev Singh.

Speaking to reporters after a media briefing today, Singh said while there had been a one percent reduction to 24% last year, the government could announce further reductions this year.

Some OPEC members have expressed concern over the drop in prices, and a debate is likely to occur at its meeting on Nov. 27 in Vienna on whether output needs to be reduced.

Oil edges up from more than 2-year low, glut caps gains
Wednesday, 01 October 2014 18:28
LONDON/SINGAPORE (Oct 1): Oil edged up from a more than two-year low to near $95 a barrel on Wednesday as a slightly better-than-expected Chinese factory survey countered worries of an economic slowdown in the world's No. 2 oil consumer and ample supplies.

Growth in China's manufacturing sector held up in September but remained subdued. The Purchasing Managers' Index (PMI) came in at 51.1, just ahead of forecasts for a 51.0 reading and offering some relief to investors worried about slowing growth.

Concern over increasing OPEC oil supply, weak European and Chinese growth and a stronger dollar pushed global benchmark Brent to its lowest since June 2012 on Tuesday, and the same factors are likely to keep a lid on any price recovery.

HONG KONG (Reuters) - Thousands of pro-democracy protesters thronged the streets of Hong Kong on Wednesday, some of them jeering National Day celebrations, as demonstrations spread to a new area of the city, ratcheting up pressure on the pro-Beijing government.

There was little sign of momentum flagging on the fifth day of the student-led protest, whose aim has been to occupy sections of the city, including around the Central financial district, in anger at a Chinese decision to limit voters' choices in a 2017 leadership election.

KUALA LUMPUR: The FBM KLCI ended the morning session slightly higher, buoyed by Maybank as investors' confidence were dampened due to the political unrest in Hong Kong.......Ring: external factors causing problem to our Index...China being No.2 giant in world economy should reform.. of course we r just fry to them but if they want to do business with d world its time they start changing their policies.In fact they did commit to UK that they will change HK to democracy b4 handing over to China.Now its more then 15yrs n China is silent so d students r fed up n I don't think its an easy task.....China vs Students....like d French revolution n finally who won?

Yes! Yes! collecting quietly for quick gain Oct 10?

On oil markets, US benchmark West Texas Intermediate for November delivery rose 36 cents to US$91.52 a barrel in afternoon trade and Brent crude advanced 38 cents to US$95.05.

October 10....pre rally budget coming?

They may come back tonight!