Posted by nordimohd > 2014-10-08 08:31 | Report Abuse

4u2c,
actually i have several more in consideration compiting wth azrb such as panpage gadang htpadu trc etc....what i do is buying time n monitoring see what the best option to put my money into....i believe most of us have some sort of short list with some risk b ranking put to individual stock....just example panpage....no real official news but alot of folower cheep pe reasobable chart good in mid of bull cycle most importent the toukey is continue collecting vs azrb the toukey is selling...just example the rest is up to u to make reasonable decision how n which one the best bet to invest...

Posted by nordimohd > 2014-10-08 08:36 | Report Abuse

4u2c,
azrb daily chart short term bearish but has break through bongiluerband likely tobrebound..n weekly bullish since mid july...

Posted by AhMoi > 2014-10-08 15:17 | Report Abuse

Hi nordi... what have happened to the part on... "Keep an eye on the big markets" ?? ; )

Posted by nordimohd > 2014-10-08 18:40 | Report Abuse

AhMoi,
This is just my 2ct opinion...ok (all at yr own risk)
1.solely based on technical
klci started down by mid july n continue till now today klci close @ 1824 i.e -3.72% from all time high (klci 1896)...the way the final minute of klci sudden movement to -9 point today suggest a potentially klci going down to about-5% to 1800 (1896 X 0.95 = 1801.2)...that the big picture...of course that would depend on USA & EU mkt tonight, if they rebound strongly likely asia region will follow tomorrow..but u may want to observe the overall bskl volume tomorrow especially the morning session cause normally if the volume is strong potentially the mkt will rebound in short term if not probably will go down to -8% (1744) n then -10%(1700) of cause it will not happen by tomorrow but probably within next 2 months time.

2. external factor such as 2015 budget etc...
2.1 less subsidies on oil n gas prices n GST is probably positive new to the mkt cause it will provide room for the government to spend more on projects development such as recently announced rm20 bil 7 highways will be awarded by 1st qtr 2015 (good news in general for the construction companies) and i tend to believe a lot more will come by next year (let we listen to 2015 budget announcement carefully this Friday by PM)

2.2 US surprisingly good job data
2.3 EU quantitative easing by Nov 2014
2.4 Technical chart for two major mkt Nikkei 255 & China up trend..

2.4.1 Nikkei 255 has been on up trend cycle since late May 2014..now in resting mode for short while....https://sg.finance.yahoo.com/q/ta?s=%5EN225&t=2y&l=off&z=l&q=c&p=m50%2Cm200%2Cb&a=r14%2Cw14%2Cm26-12-9&c=

2.4.2 China (SSE Composite Index close +18.92) start moving to north direction form Jan 2014 n now already in bullish mode....http://finance.yahoo.com/q/ta?s=000001.SS&t=5y&l=off&z=l&q=c&p=m50%2Cm100%2Cm200%2Cb&a=r14%2Cw14%2Cm26-12-9&c=

Looking at the closing of these major mkts i.e china +ve n Japan nice potential dabble bottom and all of the above suggest the potential down side mkts for Asia region is minimal...

which include also the movement of USD vs the rest of the world...i.e USD look like side way to down bias at least for this week..
US T-Bill 10 year also down for short while....

so all in all good luck....

Posted by nordimohd > 2014-10-08 18:44 | Report Abuse

AhMoi,
miss out these two points which make me believe that the bull still very much alive for bskl...
1. the TENAGA tariff up revision
2. 1MDB listing in qtr 1 ???

n wish all the luck...kikiki

Posted by nordimohd > 2014-10-08 19:12 | Report Abuse

additional..
1. BNM keep the bank rate on hold @3.25% from last revision in july??
2. FED USA target interest rate increase by mid 2015....

these and earlier are supporting n good news....

so what the bad news SORRY NO GHOST STORY HERE.....
1. russia/ukraine dispute include winter gas supply to EU
2. ISIS (which i dont think having big impact to global economy while the oil price keep going down n no show of u-turn for now)
3. AFTER ALL NO MUCH REALLY BAD NEWS...

so why the global mkt down....to me the answer is simple re adjust of portfolio & profit locking before moving to next course....

Posted by nordimohd > 2014-10-08 19:17 | Report Abuse

us pre mkt look good http://www.cnbc.com/id/17689937?trknav=dw:topnav:markets:premarkets:100746233

EU big red start to turn green..https://uk.finance.yahoo.com/intlindices?e=europe

may be sign of BSKL rebound tomorrow....!!!

Posted by nordimohd > 2014-10-08 19:37 | Report Abuse

AhMoi,
do u buy this story....? I don't...
http://www.thestar.com.my/Business/Business-News/2014/10/08/Asian-markets-mostly-down-after-IMF-forecast-cuts/

Posted by nordimohd > 2014-10-09 05:07 | Report Abuse

let see what will happen to bskl today. ....
http://www.cnbc.com/id/15839121?utm_expid=66135139-10.kmacaZOuRDi6dQcJUz_RYw.0

Posted by AhMoi > 2014-10-09 08:16 | Report Abuse

Hi nordi very long posts.... took long time to read ler

The part where KLCI may go down to 1700 does not tally with your post on AZRB, one down one up??

There were goodies in the 2015 budget in Jan.... but by May 50% of them gone due to very low palm oil prices.... and by Sep 100% of them gone due to very low crude oil prices.... a double whammy for Malaysia... can't be good and will be worst if manufacturing also hit due to low demand from China EU as they are in deep shit especially EU

Don't know about Nikkei.. could well be the effects of weak Yen. .... but pretty sure Shanghai is up due to all the funds there have gone into the share market now due to the property market in China has collapsed......

The FED no longer refer to the job data cause it is not reliable??

Posted by AhMoi > 2014-10-09 08:31 | Report Abuse

The DOW was up last night due 100% to the FED minute..... it is well known it is the FED that is supporting the DOW.... but that support will be no more soon.... so is the up sustainable????

Posted by lwyy60 > 2014-10-09 08:39 | Report Abuse

Eu not good dy.....US tiptop dy....malaysia flat rate plus max limit dy....so just guest wat will happen....onward

Posted by calvintaneng > 2014-10-09 08:43 | Report Abuse

Good Morning Ah Moi & All Here

Calvin already said these Doomsday Prophets like Marc Faber, George Soros, Harry Dent & TTB will be sorely disappointed because the Rules of The Game have been changed by Central Bankers. Anytime there is an imminent crash they will intervene by More Money Printing.

In 1929 they tightened the Liquidity & caused the Great Depression. The fear today might be the other way instead - Hyper Inflation.

As such better be fully invested. Cash is a no no.

Posted by nordimohd > 2014-10-09 09:10 | Report Abuse

AhMoi,
for sure nothing is sustainable....everthing is very fluid n dynamic but one thing charts dont lie....

Posted by AhMoi > 2014-10-09 09:34 | Report Abuse

Well, the problem now is I could be right, you could be right, everyone could be right..... and wrong at the same time


Totally hate it when things are so freaking complicated... and not straightforward.... to just stand aside, let it go and go for a facial instead??


Long wait and complication always mess up my complexion

Posted by nordimohd > 2014-10-09 10:32 | Report Abuse

AhMoi,
let the chart n numbers speak.....up to u to interprete them...kikiki

1.rm/usd.. http://finance.yahoo.com/q/bc?s=USDMYR=X&t=5d&l=on&z=m&q=l&c=

2.Asia Pacific indices.. https://sg.finance.yahoo.com/intlindices?e=asia

3. us pre mkt..http://www.cnbc.com/id/17689937?trknav=dw:topnav:markets:premarkets:100746255

good luck...

Posted by 4u2c > 2014-10-09 13:04 | Report Abuse

a lot of millionaires ,i read somewhere is actually keeping a lot of money in the bank as cash as well. They are anticipating market BIG correction.....Holding Gold/silver is also their options..

Posted by nordimohd > 2014-10-09 14:30 | Report Abuse

4u2c,
yes u are right but mkt correction is depend in which area u are looking at... e.g

Major world mkt
ASIA
1. Japan stock mkt has been side way relatively if looked form 1990 prospective but if u look from end 2012 it is bullish n base on the following chart likely Nikkei 255 is going from 16k to 18k probably within 6 months to 1 year from now..
https://sg.finance.yahoo.com/q/ta?s=%5EN225&t=my&l=off&z=l&q=c&p=m50%2Cm200%2Cb&a=r14%2Cw14%2Cm26-12-9&;c=

2. China stock mkt has been down since 2008 financial crisis which reaching all time high around 6k point in late 2007 but if u look form early 2014 it start turn bullish in mid 2014, now around 2300 point n potentially going to 2800 point by probably 6 months form now.
https://sg.finance.yahoo.com/q/ta?s=000001.SS&t=my&l=off&z=l&q=c&p=b%2Cm50%2Cm200&a=v%2Cr14%2Cw14%2Cm26-12-9&;c=
https://sg.finance.yahoo.com/q/ta?s=000001.SS&t=5y&l=off&z=l&q=c&p=b%2Cm50%2Cm200&a=v%2Cr14%2Cw14%2Cm26-12-9&;c=

EU
3. German DAX has been on super bull since 2008 crisis n likely on the way down n potentially on major bearish trend for time to come...
http://finance.yahoo.com/q/ta?s=%5EGDAXI&t=my&l=off&z=l&q=c&p=m200%2Cb%2Cm100%2Cm50&a=r14%2Cw14%2Cm26-12-9&;c=

AMERICA
3. USA been on super bull since last 2008 crisis n potentially to continue for next 6 months
http://finance.yahoo.com/q/ta?s=%5EGSPC&t=my&l=off&z=l&q=c&p=m200%2Cb%2Cm100%2Cm50&a=r14%2Cw14%2Cm26-12-9&;c=
http://finance.yahoo.com/q/ta?s=%5EGSPC&t=2y&l=off&z=l&q=c&p=m200%2Cb%2Cm100%2Cm50&a=r14%2Cw14%2Cm26-12-9&;c=

my opinion looking at all the above n the euro/usd, yen/usd, yuan/usd, RM/usd suggesting that in general currently is the global portfolio adjustment and alignment, locking profit n looking for places of under value stock mkts for future better return such as Japan, China, selected EU states, Msia, New Zeland..etc..
n for BSKL to me at least the bull is just resting before start running at least for next 3 months, so any BSKL pull down like yesterday is a good buy (especially on construction and trade & service sectors)

of course this is just looking from the stock mkt point of view...with out considering other type asset class such as currency, property n gold...

***for all those super rich they are just doing all that to preserve their wealth value and less concern probably from having usd1bil to making another usd1bil in near future...

Posted by char1234 > 2014-10-09 20:53 | Report Abuse

The market can't keep on going up? No one knows when it take a break

Posted by nordimohd > 2014-10-10 08:07 | Report Abuse

char1234,
at the moment bskl take a break since mid july..

Posted by Investeye > 2014-10-10 09:07 | Report Abuse

Disposed all my AZRB these few days at average of RM0.72 and take opportunity to accumulate some counters really dropped attactive price. Note: AZRB is still my favourite stock but to gain 10% from AZRB is harder compare with other counter.

Posted by i3i2i1 > 2014-10-10 10:17 | Report Abuse

other counters drop a lot but azrb still good support around 70cents :)

Posted by nordimohd > 2014-10-10 11:30 | Report Abuse

i3i2i1,
in my radar screen AZRB lost bet with PANPAGE...so bought panpage instead but still putting azrb on the radar screen competing with the rest in the list....huhu

Posted by i3i2i1 > 2014-10-10 11:34 | Report Abuse

panpage still good for alibaba?

Posted by nordimohd > 2014-10-10 11:56 | Report Abuse

i3i2i1,
some indirect related news to panpage....http://www.cnbc.com/id/102072554

Posted by AhMoi > 2014-10-10 14:02 | Report Abuse

See any counters which may offer a good technical rebound play??

Posted by i3i2i1 > 2014-10-10 14:12 | Report Abuse

SCIENTX running well :)

Posted by i3i2i1 > 2014-10-10 14:13 | Report Abuse

@nordi, aus+indonesia... when msia?

Posted by i3i2i1 > 2014-10-10 15:15 | Report Abuse

@ah moi: i unloaded scientex, but buy when dip again... see hohup, still undervalued, under director price and today may form 2 white soldiers... act fast, we still waiting PP news

Posted by i3i2i1 > 2014-10-10 15:16 | Report Abuse

i let az sleep first while other exciting plays yesterday and today.. may be because of the budget announcement

Posted by nordimohd > 2014-10-10 15:55 | Report Abuse

i3i2i1,
dono i suppose panpage is some kind of the front liner of local technical supporter for eCommerce but the taukey keep on buying since y2012 till 9 oct probably keep on buying today... i have been sideline observing the chat for the last 3 months n look like it has been on bullish mode for the last 2 months n bought some 300k units this morning ..hope it will continue its journey to the mountain top...

Posted by Monitor9908 > 2014-10-10 17:18 | Report Abuse

Measure 8: Accelerating Public and Private Investment

51. In 2015, several infrastructure projects will be implemented:



Fourth: Construction of the 36-km Eastern Klang Valley Expressway (EKVE) at a total construction cost of RM1.6 billion;

Posted by i3i2i1 > 2014-10-10 17:29 | Report Abuse

so, what we should expect from azrb?

Posted by nordimohd > 2014-10-10 19:00 | Report Abuse

i3i2i1,
buy bye buy...kiki

Posted by nordimohd > 2014-10-10 20:46 | Report Abuse

part of the 2015 budget summary :
the real goodies for azrb ???
(http://www.thestar.com.my/Business/Business-News/2014/10/10/Budget-2014-Highlights/?style=biz)

Infrastructure projects

In 2015, several infrastructure projects will be implemented:

First: Construction of the 59-km Sungai Besi – Ulu Klang Expressway (SUKE) at a total construction cost of RM5.3bil;

Second: Construction of the 276-km West Coast Expressway from Taiping to Banting at a total construction cost of RM5bil;

Third: Construction of the 47-km Damansara – Shah Alam Highway (DASH) at a total construction cost of RM4.2bil;

Fourth: Construction of the 36-km Eastern Klang Valley Expressway (EKVE) at a total construction cost of RM1.6bil;

Fifth: Upgrading the East Coast railway line along Gemas - Mentakab, Jerantut - Sungai Yu and Gua Musang - Tumpat with an allocation of RM150mil;

Sixth: Construction of the 56-km Second MRT Line from Selayang to Putrajaya at an estimated cost of RM23bil; and

Seventh: LRT 3 Project, which will link Bandar Utama to Shah Alam and Klang, at an estimated cost of RM9 billion, will be implemented.

The Pengerang Integrated Petroleum Complex project with a total investment of RM69 billion is expected to create more than 10,000 job opportunities.
Additionally, to develop the electric vehicle manufacturing industry in Malaysia, a Sustainable Mobility Fund of RM70mil will be established under SME Bank. Initially, 50 electric buses will be introduced.

Pan-Borneo Highway

As the North-South Highway project has transformed the development from Perlis to Johor, the Government intends to start construction of the 1,663-km Pan-Borneo Highway comprising 936 km in Sarawak and 727 km in Sabah at a total construction cost of RM27bil.

Posted by jenabchen123 > 2014-10-10 21:23 | Report Abuse

Hati mahu keras. 0.70 cun price to angkat but the price drop due to global phenomena. Domestically the budget story sounds excellent for AZRB. If we believe domestic business can override global glooming economy story, good to angkat AZRB. Tempting to jump in immediately next week....... See first how DJI performs tonight.

Posted by nordimohd > 2014-10-10 21:30 | Report Abuse

jenabchen123,
just short term correction n following my 2 cent opinion klci way forward....

probably that klci likely to rebound next week cause currently too over sold... I check the klci components (all total 30 counters) 12 counters are already in bullish mode and 2 counters in the entry to bullish mode....so a total 14 counters (about half of the components) are on the way up ranging form a mater of days, weeks to months...so my conclusion klci....
1. at least worst case side ways till year end...
2. likely case up swing but with minimal gain probably between 70 to 120 points....

note :
following are in bullish mode;
1. AXIATA
2. DIGI
3. TM
4. YTL
5.YTLPOWER
6. MAYBANK
7. IOICORP
8. RHBCAP
9. HLBANK
10.PPB
11.HLFG
12.TENAGA

at entry the bullish mode;
1. SIME
2.CIMB

that just my 2 cent opinion n good luck

Posted by char1234 > 2014-10-11 06:50 | Report Abuse

Market in correction mode to 1700??

Posted by AhMoi > 2014-10-11 09:40 | Report Abuse

Looks like more than the DOW's phycological support has been broken

While its back is still holding but think there will be more pain ahead as vultures in the US of A are shorting the startups, the small cos, the medium sized and the big names for a couple of days already now.....

Posted by Romjam > 2014-10-11 10:14 | Report Abuse

Aiya Nordi all u mentioned blue chip lor. No much bullet. Anyaway thanks your sharing.

Posted by nordimohd > 2014-10-11 10:47 | Report Abuse

char1234,
my simple 2cent opinion may be break through 1800 n settle at around 1790...down about 5.5% from all time high (1896)...in line wth S&P which down 5.5% last night from all time high (2017)....

mmm but not to worry to much cause the idea globally now the world economy is integrated all the major stake holder such as USA, China, Japan and EU will not allow the 2008 crisis to happen again...

n likely all will adjust their policy accordingly to at least sustain the current global economic condition cause if it happen again the risk just too high such break up of EU, global currency war, global deflation, real 3rd world war??? which nobody will gain n destabilizing the whole capitalist financial system (if u still remember one of the major topic discussed in 2008 crisis was the broken of world/capitalist financial system)
... so all the doctor doom theories will work for a short while before money printing extend globally (usa QE stop by Oct, now continued by ECB in Nov n next Japan n probably China) in order to put money into people pocket to drive inflation at least 2% globally...

n the easy way of doing it is of course stock mkt because the number can be inflated within mater of hours n days such as in Msia now...e.g the Y2015 budget will spend about rm 80 billion on various projects n i believe even before the projects started some people including us has already made some money to be spent to make world turning around so to speak....kikiki n good luck

Posted by char1234 > 2014-10-11 11:21 | Report Abuse

My opinion it shld correct much more deeper.lets c how d big boys play

Posted by i3i2i1 > 2014-10-11 19:04 | Report Abuse

Az price already at low but may be will a bit low... Haiya.. Standby and see what will happen on Monday first half... Maybe until 3pm

Posted by nordimohd > 2014-10-12 18:11 | Report Abuse

this more or less inline wth which i posted earlier i.e it is nobody intrest to revisit 2008 crisis of IMF version... http://www.cnbc.com/id/102080180

Posted by nordimohd > 2014-10-12 18:30 | Report Abuse

more of it n no worry global equity mkts will rebound soon....as early as tomorrow morning....
http://www.cnbc.com/id/102080131

Posted by sunztzhe > 2014-10-12 20:18 | Report Abuse

The drop in price of crude oil had spooked the market n created great uncertainty on the global stock markets. There is new evidence that the drop in crude oil prices is being manipulated to punish Russia. The key question to ask are
- will global consumption of energy decrease or increase in the future?
- can the supply of unconventional shale oil have a sustained significant impact on future crude oil supply ?
The global demand for energy produced from crude oil n gas will continue to grow as more n more emerging market countries in former Soviet republics, Asia n South America aspires for US n Western European lifestyle. This can only mean that the demand for energy will increase in the future. Major oilfields in the world r facing declining production n many have resorted to enhanced oil recovery to try to maintain production volume.
Unconventional shale oil n gas accounts for 2%-3% of world supply. The unconventional shale oil n gas has maximum production during the first year n thereafter the production tails off at an exponential rate where the maximum life of the shale field is 10 years. It may even be shorter.USA is now a gas exporter but how long can USA continue to export unconventional gas? The export may not be sustainable over a long time period as shale oil n gas production will be unreliable.

So the key question to ask is how long can the Price of crude oil remain at around USD 90 given that the people in the emerging economies in former Soviet republics, Asia, South America aspire for US n European lifestyle which consumes high energy on a per capita basis? As energy consumption grows in the future, the future demand for crude oil n gas may even exceed the future supply.

Posted by sunztzhe > 2014-10-12 20:18 | Report Abuse

The unintended consequence of manipulating the crude oil price to punish Russia is that the profits of Major US Oil & Gas corporations will be negatively affected and if sustained over a long term basis, it will trigger mass layoffs in unprofitable fields. This manipulation of Crude oil price to punish Russia is untenable and may not be sustained as eventually economic discipline and market forces will take over.

The mid term USA elections is coming soon on November 4th, 2014 and it looks like Republicans candidates who are pro business have high chance of victory and will most likely secure the majority. If that happens President Obama will be a lame duck president for the remaining term in office and the manipulation of crude oil price may no longer be tenable.

Posted by sunztzhe > 2014-10-12 20:42 | Report Abuse

What is the likelihood that USA and certain first world countries in Europe will invest to replace its decaying infrastructure?

Posted by fortunebullz > 2014-10-12 20:49 | Report Abuse

US now has more oil reserve than Arabs! First time since the 80's! You should see US manufacturing going back to US rather than China! In fact US umemployment rate dive so fast to 6% within few quarters! This is a huge surprise as last year US unemployment was going over 9.7%! So cheer up! US definately improve its major infras! Maybe a bullet trains!

Posted by sunztzhe > 2014-10-12 21:13 | Report Abuse

US manufacturing had and are already moving back to USA and requires better infrastructure facilities. It is just a matter of time that current gloom, doom and market uncertainty will soon make way for renewed optimism as Tarullo, a voting member of the Fed's policymaking committee had already hinted of future possibilities in USA

Quote: "Right now the physical capital stock (of the country) is about as old as it has been in the post World War Two era ... That suggests an underinvestment" Unquote

It will be very interesting to see who gets elected in the forthcoming mid term elections in USA on November 4th 2014. The odds are in favor of Republican candidates securing victory in their respective constituencies and also in securing a house majority in the forthcoming mid term elections...