I think the sell down in KLSE is temporary, a reaction to Dow last Fri which is old news. The new news is that China at the G20 meeting said will maintain and not devalue the Yuan and has a plan to stabilise theeconomy which was accepted by the G20 Finance minister meeting with the sole exception of Japan which was derided as 'sour grapes'.
Gaps-up to come should be when Azmin makes the announcement and finally when Roxali makes the announcement and confirms the RM1 divvy! Rox's announcement should be the biggest gap-up of all!
Hahaha, the gap up today still within my target entry price, therefore, all in (but need to adjust portfolio...(Sold skept at loss, swap to boost maximum Puncak and some in KPS, cut all YTLP, free up capital, bought back some skept)
hng33, fainted, you are real quick in making adjustment! I usually need days to consider, and that's after another few days of reading news, quarter reports and relevant info on the stocks to adjust.
hahaha, Maybank is biggest cap in bursa,if you ever think Maybank share down till ocean's bottom is the limit, then you are too naive and downgraded yourself to newbie in stock market already. it will rebound for certain once the 24sen dividend is declare either these or next week.
'It will rebound for CERTAIN...next week' - we shall see whether you are a newbie! BTW, I always consider myself a newbie so that I am always in my learning mode.
Just based on your previous analysis on Puncak, you definitely deserve as newbie anyway. Puncak have convertible sukuk, exchangable into new Puncak share at RM 2 also don take into account? If these sukuk debt is convertm Puncak share volume will increase to above 530m share, but at the same time, the carrying sukuk debt will be take off from balance sheet.
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....
jacklintan
1,722 posts
Posted by jacklintan > 2015-09-07 08:49 | Report Abuse
Good morning.Nice to wake up to good news.