In Bernanke we trust

same here mat c. breakout with volume tommorrow and i'm jumping in! prefer CB as this is the most traded skpet warrant among all.

am watching this closely with mothe going up high today.

finally a breakout on the chart. should continue uptrend if nothing big happen tonight.

sorry too excited :) 2.60

freaking undervalue goldmine. should worth at least 3.60 with all contracts coming in.

steady...steady... and up!

We see the recent deteriorating results from Petronas and the sharp drop in the Mining sector IPI as signs that urgency to resuscitate and/or expedite O&G production is intensifying.
• The lower production, higher spending on O&G assets, the conclusion of 5 PSCs and a 3rd RSC reiterate our view that the Petronas is acting to offset declining production by investing locally, which is a matter of urgency for the Government who rely on contributions from Petronas, which total above RM100bn for the past 5 years. Furthermore O&G is the major driver of ETP to bring Malaysia to high income status.
• Compounding the problem is a 10.4% yoy decline in the July Mining IPI which helped drag the IPI down 4.7% yoy which was mainly caused by a decrease in natural gas and oil production declining 25.1% and 3.4% respectively. As at July, the mining index was only 76.4, a far cry from 2005 level when the index was started at 100.
• Difficulty in raising the mining output will have significant consequence on the Government’s finances going into 2013. In the absence of GST implementation, oil revenue (~35% of total Government’s revenue) will be the crucial determinant of Government’s spending ability in 2013. In this regard, we sense the urgency for Petronas to expedite award of RSC contracts to reverse production decline.
• We reiterate our overweight call and maintaining the view that focused spending to resuscitate and/or expedite O&G production will benefit selected O&G players as CAPEX spending and RSC disbursement intensifies in 2H2012 and 2013.
• Top picks in order of preference whereby all would benefit from the above;
•SapuraKencana (TP: RM2.77 BUY, 20x FY01/14 EPS of 13.4 sen/share)
•Dayang (TP: 2.65 BUY, 14x FY13 EPS of 19 sen/share),
•Perisai (TP: RM1.60 BUY, 16x FY13 EPS of 10 sen/share)
•Uzma (TP: RM2.10 BUY, 10x FY13 EPS of 21 sen/share).

yup coming from someone who say this: Johotin will fly until no limit ha ha ha

german court ruling? nahhh

http://www.bloomberg.com/news/2012-09-12/germany-can-ratify-esm-bailout-fund-with-conditions-court-rules.html

agree mcchia. dont even understand what's the reason for panic. am talking about general stocks not only air asia. as a matter of fact didnt hold any of air asia :)

the so called first hurdle of the week: german court ruling OFF

http://www.bloomberg.com/news/2012-09-12/germany-can-ratify-esm-bailout-fund-with-conditions-court-rules.html

so next is the FED. and we're doubting bernanke who has single handedly save the US from bancruptcy (did anyone remember the so call us debt cirsis?)

and on the local front election. BN gonna win anyway why waste time speculating.

really don't understand all the fuss here.

IF

•Reiterate BUY; TP unchanged at MYR2.68. We cut our core FY1/13 net profit forecast for SapuraKencana by 19% (FY1/14-15 forecasts unchanged) to reflect: (i) one-off merger costs; and (ii) accounting matters related to the merger exercise. These non-operating items leave the group's fundamentals - steady growth, a rich portfolio of assets and low gearing ratio - intact. SapuraKencana remains well-equipped to capitalise on opportunities, locally and globally. There is upside to our target price, which pegs the stock at 20x 2014 EPS

now Maybank.

totally agree. hopefully we'll yam seng come monday. cheers!

one day it was doom, the next day sky is clear. hoepfully monday the herds are back to drive mr market up.

u're right ymj they won't be. the only problem causing panic for this counter is the delayed in announcement. solid quarterly performance and right issue smoothly goes to plan, no reason why it will not be uplifted. timing is crucial here with news of GE, rating cut, euro/us affecting the market.

stay tune to bursa announcement. if you saw the word congrats! being used here then we'll know what happened. there isnt any better time to announce with the market strengthening slightly and one week should be enough for bursa to complete whatever additional documentation they need. good luck to all of us!

too heavy to lift. need upliftment to do this :)

son 1 cent higher dy

very heavy leh like that

itu lar.

one is buying another is selling. i support u buyer gogogo

oh gosh i wonder who's selling massively it's battler going on here between two sharks

and it's coming big players are in! c'mon th we'll lift u up though u're heavy!

rise now lar better! :)

really? no one on this? hellooo

haha afifi you announce je lar on behalf :)

hellooooo

mother go up but son dont want to follow?

now euro no issue dy. at least terbang balik go to 0.60 before the chaos lor. then we'll jalan jalan until announcement.

kalau announce terbang!

market going insane but few counters picking up. c'mon th. let's drive this up!

grossly undervalued company but no action on its' price. hmmm time will tells.

time to accumulate bros. yes agree panic selling by contra players that's why you can see more selling on WA cause it is a cheaper option to contra. therefore, it is a bargain sale we can use to accumulate more! good luck all!

finally reached the pyschological resistant of 0.60. tommorrow evening should be just the right time to announce so they start anew on september and coincidentally the right timing to announce independence from pn17 status :) this is it. let's see how it unfolds tommorrow, good luck all!

fair enough thecall. buying decision depend on your own trading plan not on tips.

personally i think this is the last call before we go above 0.60 and eventually 0.70 pending on the announcement of upliftment. previous ups and downs happen when there isnt any formal application for removal of pn17 status.

since june, the MD had come out and confidently announce to the market that they're positive on an early upliftment from pn17 and had on 31 july 2012 applied formally for the upliftment. with LTH as the major shareholders and the consecutive quarterly profit the company are fundamentally strong.

the question is rather when it will be announce? judging by last friday trading, again i believe the news will be out, very soon.

good luck and all the best for those who own this share.

Cheers.

the exact same uma and the exact same reply by ingens. be very careful. as per talk2pkc, enter a wrong moment and u're off.

at 2228 and thecall any link on the newss of JV? appreciate that. thanks!

at jonathan it was one of item in the regularisation plan for th heavy. if i'm not mistaken it's an offer to purchase the additional mother share at discounted price. something like a warrant (correct me if i'm wrong though). but the or rights already over all converted to mother now.

http://klse.i3investor.com/servlets/stk/7206or.jsp

haha well described by franksoweto :)

don;t think it is a rumour mr de4war, rather a question of when? they've submitted the application end of july if everything went smoothly expect the official announcement to be out this week. cheers.

ready for tomorrow?

i'm not sure about u but my target is 0.7 with upliftment news. previous price before pn17. good progress though. cheers and happy holiday!

sense that the upliftment is getting nearer confidence is all around. buckle up and get ready for break-out, very soon. cheers.

a sign of confidence from the director himself http://www.bursamalaysia.com/market/listed-companies/company-announcements/1038857

at current state, will prefer to invest in GENM instead.

o.47 is the resistant bro. break this and we're going for 0.50. once upliftment confirmed, fly....

anyway this week got to be interesting for th heavy. buckle up we're ready!

wtf about brokerages in thheavy post. zzzzzz