Posted by tecpower > 2017-09-24 19:35 | Report Abuse

MARKET BUZZ: Malaysia's Construction Stocks To Rise Pre-Election- Areca Capital
https://asia.nikkei.com/Markets/Nikkei-Markets/MARKET-BUZZ-Malaysia-s-Construction-Stocks-To-Rise-Pre-Election-Areca-Capital

Posted by meistsk3134 > 2017-09-25 09:40 | Report Abuse

Rm recovery good for bank stock?

Posted by masterus > 2017-09-25 23:39 | Report Abuse

Brent crude hits new 2017 high above $58 as bulls see more oil gains ahead
Brent crude oil hit a new 2017 high, as U.S. crude topped $51 a barrel for the first time in four months.
The market expects oil producers to extend a deal to limit output as demand forecasts rise.
Hedge funds raised their bets that oil prices will rise, figures from the CFTC show.

Posted by masterus > 2017-09-26 10:48 | Report Abuse

Brent on $59 and above

Posted by emil > 2017-09-26 13:32 | Report Abuse

mother of All bubble about to happen soon? A spectacular collapse of US financial markets.
http://www.businessinsider.com/the-5-biggest-bubbles-in-the-market-today-2017-9/?IR=T

Posted by meistsk3134 > 2017-09-26 23:38 | Report Abuse

Maybe 2018 maybe not happen

Posted by Beza > 2017-09-27 15:08 | Report Abuse

http://klse.i3investor.com/blogs/kianweiaritcles/133665.jsp

Posted by fmbklci > 2017-09-27 16:40 | Report Abuse

buying power is soooo strong

Posted by meistsk3134 > 2017-09-27 20:11 | Report Abuse

Pity cannot reach 10

Posted by hstha > 2017-09-27 21:35 | Report Abuse

The Dow and Nasdaq seem strong. KLCI is likely to rebound strongly tomorrow!

Selldown in equities a ‘buying opportunity’ | http://www.klsescreener.com/v2/news/view/285589

Posted by hstha > 2017-09-27 21:38 | Report Abuse

After KLCI was down for 7 consecutive business days, it should rebound so strong.

Posted by fmbklci > 2017-09-27 22:16 | Report Abuse

maybank no sell down. very strong. other banks down

Posted by hstha > 2017-09-28 09:33 | Report Abuse

Nasdaq was so bullish yesterday.

Posted by shortinvestor77 > 2017-09-28 22:11 | Report Abuse

The Board of Directors of Malayan Banking Berhad “Maybank” wishes to announce that Maybank’s wholly owned subsidiary, Etiqa International Holdings Sdn Bhd “EIH” has today, 28 September 2017, completed the acquisition of 75% shareholding in PT Asuransi Asoka Mas, a General Insurance company based in Indonesia, for a purchase consideration of IDR 207,200,000,000 (equivalent to approximately RM64,922,598.00). The acquisition of 750,000,000 shares was purchased from PT Transpacific Mutualcapita who will keep the remaining 25% shareholding in PT Asuransi Asoka Mas. All relevant approvals including those from Bank Negara Malaysia and Otoritas Jasa Keuangan of Indonesia have been obtained. This acquisition is in line with Maybank Group’s Insurance and Takaful business vision to be a leading regional insurance player.

The transaction is not expected to have any material impact on the earnings, net assets and gearing of Maybank Group for the financial year ending 31 December 2017.

Posted by tecpower > 2017-09-29 07:54 | Report Abuse

http://m.nasdaq.com/article/malaysia-bourse-may-find-traction-on-friday-20170928-01342

Posted by sharmanisa > 2017-09-29 09:21 | Report Abuse

Why down so bad this morning...:(

Posted by sctan > 2017-09-29 09:30 | Report Abuse

ex-dividend. pls check

Posted by masterus > 2017-09-29 16:00 | Report Abuse

Malaysia's PNB looks to sell two British properties
Reuters Reuters
Friday September 29, 2017 3:10 AM
Kitco NewsShare this article:
KUALA LUMPUR, Sept 29 (Reuters) - Malaysia's largest government-linked fund management firm, Permodalan Nasional Bhd (PNB), is considering selling two properties in Britain in what would be its first divestment of foreign real estate assets.

PNB said the commercial properties at 1 Silk Street and 90 High Holborn in London had matured and it wanted to maximise returns while demand for British real estate was strong.

It bought the properties in 2012 for a reported 350 million pounds ($469.53 million) and 140 million pounds, respectively.

Malaysian state-owned funds such as PNB, the Employees Provident Fund and Retirement Fund Inc forayed into Britain's property market in 2010-2013, before the Malaysian economy and ringgit weakened.

Any sales of their foreign properties could suggest a redeployment of funds to Malaysia.

Posted by tecpower > 2017-09-29 19:35 | Report Abuse

MIDF Research maintains FBM KLCI target of 1830pts for year end | http://www.klsescreener.com/v2/news/view/286873

Posted by fmbklci > 2017-09-29 22:18 | Report Abuse

1800 want break also difficult. before this until 1790 then drop

Posted by tecpower > 2017-09-30 01:33 | Report Abuse

EMERGING MARKETS-Brazil stocks rebound after six-day string of losses

SAO PAULO, Sept 29 (Reuters) - Brazilian stocks rose on
Friday as weaker-than-expected U.S. inflation data led to
bargain-hunting following a six-day string of losses.

https://www.reuters.com/article/emerging-markets-latam/emerging-markets-brazil-stocks-rebound-after-six-day-string-of-losses-idUSL2N1MA17Y

Posted by tecpower > 2017-09-30 01:42 | Report Abuse

Key US inflation measure disappoints in August
https://www.rte.ie/news/business/2017/0929/908534-key-us-inflation-measure-disappoints-in-august/

Posted by tecpower > 2017-09-30 09:30 | Report Abuse

Brazil stocks higher at close of trade; Bovespa up 0.99%

https://www.investing.com/news/stock-market-news/brazil-stocks-higher-at-close-of-trade-bovespa-up-099-534836

Posted by tecpower > 2017-09-30 11:07 | Report Abuse

http://m.themalaymailonline.com/money/article/bursa-likely-to-stage-mild-recovery-next-week

Posted by tecpower > 2017-09-30 11:09 | Report Abuse

http://www.tnp.sg/news/business/sti-down-just-1-point-week

Posted by hstha > 2017-09-30 11:15 | Report Abuse

https://www.reuters.com/article/us-china-economy-pmi-official/chinas-factories-grow-at-fastest-pace-in-over-five-years-as-prices-surge-idUSKCN1C5027

Posted by emil > 2017-10-01 23:11 | Report Abuse

After recent total eclipse and Hurricanes hitting USA, next is market Great Crash is coming??
https://www.cnbc.com/2017/09/29/david-stockman-tax-reform-plan-is-pipe-dream-stocks-to-plunge-40-70-percent.html

Posted by hstha > 2017-10-02 00:56 | Report Abuse

https://www.bloomberg.com/news/articles/2017-10-01/south-korea-s-exports-surge-to-record-on-steel-semiconductors

South Korea's Exports Surge to Record on Steel, Semiconductors
October 1, 2017

By industry, exports of semiconductors rose 70 percent amid soaring DRAM chip prices

Posted by anonboy > 2017-10-02 06:59 | Report Abuse

Dow futures are up!

Posted by meistsk3134 > 2017-10-02 07:10 | Report Abuse

great crash coming boost USD currency?

Posted by samsambank > 2017-10-02 08:29 | Report Abuse

Gold price plunged. Thatd good for stocks.

Posted by samsambank > 2017-10-02 08:31 | Report Abuse

KLCI should be very bullish today.

Posted by snowball001 > 2017-10-02 09:29 | Report Abuse

Stocks in other countries are bullish. Only KLCI is bearish.What happened?

Posted by lann > 2017-10-02 11:55 | Report Abuse

sifu, can maybank go up to RM10 this year?

Posted by Activeinvestor > 2017-10-03 09:39 | Report Abuse

Switching my holdings to Petronm
-------------------------------------------------------------------------------------------------------------------------------
Extract of Analyst Report from RHB

Petron Malaysia

Fuel Happy

We initiate coverage on Petron with a BUY recommendation. Our TP of MYR16.20 (60% upside) is based on a 12.5x FY18 P/E. The company owns over 580 service stations nationwide, distributing gasoline, diesel and LPG products. Petron also owns an 88,000bpd refinery in Port Dickson, Malaysia with a Nelson Complexity Index of 3. We believe the refinery would provide the company with a competitive advantage, thereby enabling it to take advantage of refined product spreads.

Third largest retail station operator in Malaysia. Petron Malaysia (Petron), a major fuel retail distributor in Malaysia, has the third largest market share in the country behind Shell and Petronas Dagangan (PETD MK, NR). It owns over 580 service stations nationwide, distributing gasoline, diesel and LPG products.

Besides retail marketing, the company also owns an 88,000bpd refinery located in Port Dickson, Malaysia with a Nelson Complexity Index of 3. The refinery is capable of producing gasoline, diesel, liquefied petroleum gas (LPG), kerosene and low sulphur waxy residue (LWSR). The refinery has an average utilisation rate of c.50% due to the unfavourable economics of LSWR which, in turn is due to its low complexity rate. The company is 73.4%-owned by Petron Corp, the largest oil refining and marketing company in the Philippines.

The refinery could provide alpha. Its retail fuel segment plays a volume game, ie the more retail stations imply a higher volume. As such, we expect its retail volume to grow by c.4% each year, driven by the opening of new stations. Our base case scenario assumes Petron would open 15 new stations every year. Its commercial fuel segment earnings are driven by spreads for naphtha, kerosene and LSWR. We expect spreads for naphtha and kerosene to range between USD2-7/bbl for the long term. As such, we believe the commercial fuel would provide the company with a higher earnings growth potential, compared to that of its peers.

Healthy balance sheet. As of 1H17, it is a net cash company; we expect Petron to end FY17F in a net cash position. Total borrowings are at MYR66.4m, while its cash position is at MYR156m. This is comparable to the situation at the end-FY16, when it was in a net debt position of MYR136m. Net cash from operations and free cash flow has been on an increasing trend, attributed to better cost management as well as the asset performance mechanism (APM), which transmits changes in oil prices to retail fuel prices.

BUY. We initiate coverage on Petron with a BUY recommendation, supported by a TP of MYR16.20. We arrive at our TP by pegging a 12.5x P/E to FY18F EPS of MYR1.30. As a comparison, Petronas Dagangan is trading at 24.6x P/E for FY18, at a 70% premium to Petron. We like Petron as we believe its retail fuel segment would provide a stable base of earnings due to the APM mechanism, while its commercial fuel segment would provide an earnings boost, an advantage the company holds over its peers due to its refinery.

Posted by masterus > 2017-10-03 10:25 | Report Abuse

5 Reasons the U.S. Dollar Could Plunge in October

What will get the dollar moving back downward? Factors that I see include:

A Stronger European Economy

French President Emmanuel Macron is looking to make the European economy stronger, but is waiting for his neighbor Angela Merkel to form a coalition government in Germany.

The market remains wary of what concessions Merkel might offer to achieve this, but will likely forget such misgivings once she succeeds in forming a working coalition.

A Merkel/Macron partnership should strengthen the European economy -- and the euro should rise on the increased confidence that follows.

The U.S. dollar is due for a fall.
The U.S. dollar is due for a fall.
A Softening U.S. Economy

Expect a renewed focus on the weakening U.S. housing and auto sectors once the news cycle moves past the NFL national-anthem controversy. That will create greater skepticism that the Fed will raise rates at its December monetary-policy meeting.

While the Fed has publicly made a December hike one of its goals, the market has yet to concur. Futures markets are only pricing in a 65% chance of a December boost. If market doubts rise, so will dollar weakness.

Little Real Hope for U.S. Tax Reform

Growing excitement over a workable U.S. tax-reform bill has gained much attention in recent days, but I believe that enthusiasm will likely die as quickly as it arose.

After all, there's little consensus about tax reform on Capitol Hill, and Republican interparty bickering will likely send the idea the way of currently defunct Obamacare-repeal plans. If tax reform moves to the backburner, the dollar will weaken as well.

North Korea

North Korea-related jitters continue to permeate, but the vast majority of market watchers believe there's minimal chance of a U.S./North Korean military conflict occurring.

However, I see a growing probability of a military incident arising as U.S. bombers more or less share airspace with North Korean fighters. Any shootout would serve as an immediate negative for the dollar, prompting a flight-to-safety boost for the euro and dollar/yen to drop below 110.

China

China last month relaxed a number of rules that had dissuaded people from selling the yuan, helping to strengthen the Chinese currency against the dollar in the process. These rules had also resulted in Beijing boosting its U.S. Treasury exposure as officials intervened to slow the yuan's appreciation.

But it's my view that relaxing these rules isn't a signal for yuan weakness, but rather a move toward further CNY flexibility. Yuan weakness was likely just a passing phase, with further strengthening just around the corner. That should result in additional dollar weakness.

Posted by hstha > 2017-10-04 06:22 | Report Abuse

KLCI to trend higher, support seen at 1,750-level | http://www.klsescreener.com/v2/news/view/288573

Posted by pundekman > 2017-10-04 14:27 | Report Abuse

when will we be getting the form to fill in for drp? anytime soon? tq

Posted by kuaTAKtahu > 2017-10-04 15:59 | Report Abuse

..

Posted by hstha > 2017-10-05 06:29 | Report Abuse

KLCI set to open higher, stay above 1,760-level | http://www.klsescreener.com/v2/news/view/289187

Posted by fmbklci > 2017-10-05 10:56 | Report Abuse

Dear Sir/Madam,

We refer to your email below and wish to advise that a Dividend Reinvestment Form (DRF) will be despatched to you at your address maintained with the Records of Depositors on 5 October 2017, which is 2 market days after the book closure date of the dividend.

If you wish to reinvest in respect of the Electable Portion into new Maybank Shares, you should complete the DRF and submit the completed DRF to any of the offices of the Registrar for the DRP on or before the Expiry Date, i.e. 5.00 pm. on 20 October 2017. If you do not make an election in respect of the Electable Portion, your Dividend will be paid to you in cash in the usual manner.

We trust the above clarifies your enquiry.

Regards,
Samantha Goh
Senior Manager - Investor Services
Tricor Investor & Issuing House Services Sdn Bhd

Posted by kuaTAKtahu > 2017-10-05 14:21 | Report Abuse

before the Expiry Date, i.e. 5.00 pm. on 20 October 2017.

Posted by hstha > 2017-10-05 23:43 | Report Abuse

Opinion: Wall Street won’t tell you, but U.S. stocks are underperforming

http://www.marketwatch.com/story/wall-street-wont-tell-you-but-us-stocks-are-underperforming-2017-10-05

Posted by hstha > 2017-10-06 09:42 | Report Abuse

World stocks have been bullish recently. Malaysian stocks should be more bullish.

Posted by smartly > 2017-10-06 09:52 | Report Abuse

must go for drp, cheaper that way to get more maybank shares.
then can sell at a higher price.

Posted by fmbklci > 2017-10-06 10:52 | Report Abuse

but u will have odd lots. not sure brokers got extra charges for sellingodd lots. unless your the share u get from drp is more than 100 shares

Posted by pakatan_harapan2 > 2017-10-06 12:17 | Report Abuse

Very lousy IB. Which 1 better if I want to change? CIMB good?

Posted by apolloang > 2017-10-06 12:19 | Report Abuse

CIMB is BN ah jib one....pakatan better dun't use there....hahaha

Posted by joetay > 2017-10-06 13:03 | Report Abuse

i is supporter of bursa malaysia, the biggest money market in malaysia.

so as long as broker gives me good rates, i use them.

lol............

Posted by pundekman > 2017-10-06 15:38 | Report Abuse

can sell in 100 shares ma..odd lots little only