Brothers & sisters, please do trade with care as EPF sold plenty the last few days back & that's why morning trading was very cautious and slow moving too....tomorrow?
Yes, brother bull007, ELECTION TIME & how shitty EPF is when they want to do this..
EPF eyes 30pc foreign holdings target
......Malaysia’s Employees Provident Fund, the second-largest state-run pension system in the Asia-Pacific region, plans to raise holdings of overseas investments to 30 percent by 2017 to boost returns.
Sell plenty of Malaysian shares & want to help foreign countries market.....now you all should ask our dingy EPF this...why, why , why.....no confidence in Malaysian market?
'Let BN eat eggs' in Penang. Issuing the rallying call - which means 'let BN get zero seats' - DAP secretary-general Lim Guan Eng maps out what this will take.
starting of consolidation period..Must wait for clear picture b4 reenter again.. For fundemental, i think every one know that our Bro Chong is the right people to give us a comment.
So KHSB had been down 4 days already...consolidating I presume but then after 4 days it might surge again just like it's previous history shows but who knows. Buying percentage is very poor indeed at a miserable 24% whereas it should have gone normally above 50%++.
Factors for people not buying or chabuting is mainly because of the sell down by shark & snake EPF in very large volumes for 2 continuous days...mind you this EPF sell down is not for a few million shares but EPF sold almost half of the volume traded on Bursa on those continuous 2 days, OMG.....so how will the traders feel when they see or read this EPF news...would you be buying unless cheap or you may be selling to prevent further sell down. Ask yourself a simple question...shouldn't EPF be selling bit by bit instead of about 50% daily of the total volume traded on Bursa? Didn't those idiots fund managers in EPF knows that such a extra huge sell down action will have a NEGATIVE EFFECT ON OUR MARKET?
It's up to you all to cut loss if you want to or take profit if your early buying was at about 54 cents. However I still believe there's more room for improvement in the pricing taking into consideration 2 important factors namely the "already announced mandate given to KPS to look into the privatization" & the yet to be announced JV partner on the GDV of about $20 BILLION, yes BILLION $$, on KHSB owned land.
So I leave it to you to cut loss or take profit or to hold for future developments ....whichever you choose to take which route is entirely in your hands.
Cheers & all the best to you my friends as always.
Bro Chong:Thanks for sincereverification. I think this counter have a room to up further but due to our market sentiment was spoiled by EPF and external factor(USA & EUROPE) factor,better we sideline for a while..There fore we also have 2 more day for trading (today & tomorrow ) for this week. Why don't we go for a holiday & spend a precious time with our family until this weekend..Happy holiday & happy trading day!!!
Wait till they get the JV partner & fully announced, then we see some fireworks at KHSB but don't know how soon it will be. Today we may see some upwards movement, so keep your fingers crossed.
Think it needs to clear the 58 sen hurdle first...then it cud fly above 60 sen. The general market lacks confidence at the moment, thus the sellers keep coming out whilst buyers (though plentiful) are not chasing
Brother WWH33, don't know if the signal is coming after the school holidays when most fund managers are back at work after taking their children for a holiday. Tomorrow Friday being a profit taking day may not be the day but then anything can happen...yes, miracles does come alive at times, hee,hee,hee
Then EPF must come out & do more shopping when prices are down...then a different scenario altogether.
Sorry I hv not been here but glanced through the top messages u mentioned to buy .485 that's why I question . Last I said last week was " will wait next week or the following week cos I anticipate it will come down " will buy .56 n hold again
Worst case you need to hold it until it rebound .But based on DJI performance last night after successfully broken the 13200 resistance.Today should be a good intraday.
Watch the 56 sen support. If I am correct, this is a solid support level at this moment and likely to be the platform for a rebound. As KHSB gets through this bearish trend the last week or so, volumes have also tapered off around these levels, signifying sellers are weakening...only problem is that buyers aren't confident enough to start the ball rolling just yet.
Expect to see some activity between the two political parties in Selangor as BN are trying to wrist the JEWELS of the State. Alot of old and disguisted news of KHSB and old issue of the "curian pasir" and various negative administrations of PKR whom the highlighed the FRONT PAGE of the newspaper and also try to TARNISH the present STATE party. Chong: We suggest that all our investors and friends to boycott Star newspaper for 14 days as lately they are not professional enough disbursing factual imformation to the public at large. Do you agree with me?
Keep your feet to the ground brothers and sisters...price is still struggling to overcome the 58 sen level..only after this hurdle is cleared, ah...then maybe we can look towards surpassing 60 sen... It will take bit more time to digest before the market springs back to life.
It should past 60+ cents as KHSB is being bought at 59.5 cents. Traders had been eating up as much as 3000 lots in 1 scoop....afternoon session will goreng further in my honest opinion...so hang on as I had already told you this early morning.
Brother tbooi1168 , please remember the volume can come suddenly when you least expect it...it had happen before & so just wait for the late afternoon session...keep your fingers crossed please......good luck to all.
Yes, brother Stephen Lee, fully agreed with you to boycott STAR & even The New Straits Time...why pay money to then weh we can read alot of free news online.....think about it my friends.
Remember ABU....Anything But Umno.
Make your beloved Malaysia a perfect & peaceful country for your future generations, that is your children & grandchildren. GOD bless our beloved Malaysia.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chrisyba
145 posts
Posted by chrisyba > 2012-03-14 16:36 | Report Abuse
eeerr...is that a trick question...heheheh