Be careful when the directors give notice to deal in the shares. U may ask why suddenly there is no more demand.

If USD goes further up. Those companies with foreign debt in USD all have forex translation losses eg. Axiat, IOI ...

Bear in mind, EPF is buying n selling in the market. We are playing the game against them.

The telco sector has already been hampered by gomen policies. Extracting huge amt of $$$ in the form of spectrum fees means telcos have no more bumper dividends to give. Coupled with intense competition, telcos would probably see minor growth rates. Over the top applications have seen the demise of SMS & calls as income for telcos. So, there is really nothing to be excited abt telcos, be it Maxis, Digi or Axiata.

If the funds push telcos higher n higher, in the end they will be left holding the baby as no investors will pay a high price considering the situation now.

Have to pay attention to these call warrants before u decide how long to hold. I agree with u as regards these Cs.

Axiata has USD borrowings. Might incur forex translation loss like IOI.

Looks like the KLCI is due for a correction.

The directors have already given notice to deal with the shares in accordance with Bursa rules. So what is the meaning of "deal". To my mind, it is buying or selling or both. It is not insider trading.
Like EPF, they buy and sell to make $$$.

Some ppl take the meaning of "deal" as buy. I do not think it is one way street. otherwise, it would have shot up long ago.

Hi connie, nowadays most ppl are doing scalping. its safer than holding to yr position. Taking profit while u can...

For the joys of investment is in the selling. When u sell, u collect yr profit $$ and cut yr risk.

But history repeats itself. We play the same stock over and over again. It is only the timing.

Somebody is trying to sell at 1.42. U can see the huge amt of buy orders for 1.41 but the share did not rise. The huge buy orders at 1.41 is probably meant to induce the buyer to buy at 1.42

"that RM 0.50 will then be stored inside the share premium account, and it cannot be simply used for normal operation such as company operation. The money here can only be utilized for corporate exercise such as Bonus Issue. When the company do bonus issue, it will then capitalized the money in the share premium account into share capital, and can utilize them for company day to day operation."

In reality, the company does not store away that money. They just use it anyway. Issuing bonus shares does not involve cash. The share premium account is just an accounting entry.

Another set of spectrum is due to expire in the middle of this year. Where the telcos are heading, nobody knows for sure.Telcos are expected to fork out another huge sum of money to pay the gomen.

The fact that Aramco is set for listing by S.A. government tells something. It owns the largest oilfield in the world. Why the S.A. government wants to sell a portion of its shares to the public?

Oil might not fetch those fantastic historical prices as before. i) shale oil formations are plenty in US, Canada, China & Argentina. 2) the introduction of cars running on electricity.

"The stone age ended not for the want of stones & the oil age will end before the world runs out of oil." These prophetic words spoken by Yamani in the 1970s is becoming a reality.

The lesson I learned since day 1 in investing is: "never buy on hope".

Today IPOs are priced near market price, unlike a decade ago when it was priced by the then Securities Commission. Back then, when u succeed in getting the IPO, it is like striking 4D.

The notice given to Bursa as regards change in director's shareholdings is historical.

What Trump echoed was what I read in the book "The Myth of Free Trade" by Dr Ravi Batra in the 1990s. He said US standard of living declined because of unbridled free trade. He called for "competitive protectionism".

After 8 yrs under Obama, the common ppl there did not experience any improvement. They thought a business-minded CEO could bring the change.

Clinton lost in most of the Hispanic populated areas. Even the 2nd generation Muslims in US voted for Trump. (U can read all this in Washington Post but not in CNN).

Obama prohibited the export of shale oil. Now Trump will approve drilling in Alaska n give shale oil a life line. With US self sufficient in oil, it is little wonder that the golden days of oil are already over.

Hi connie, the daily chart of HS is showing the probability of a reverse H n S pattern with neckline at abt 23138 - the downward movement now might be an attempt to form its right shoulder

Of all the glove counters, Top Glove is the most liquid - EPF is interested in playing liquid counters.
Kossan n Harta have less liquidity n if u are not careful, u could be trapped.

I believe the game has not yet ended But it will burn a lot of speculators before it start moving up.
EPF is buying n selling - probably selling to scare off traders n collect at cheaper prices n selling again when prices move up. It can easily move the stock up or down.
If u lose $$$, most probably u have donated it to EPF.

Anything is possible. On the lighter side, see what Fung Shui by Lynn Yap predict... 1) the USD will continue to be strong 2) Oil price will rise slightly and stablize towards the end of the year.

But it tells u how much Maybank is really worth.

KUALA LUMPUR (Jan 16): The Federal Land Development Authority (Felda) is said to be working on disposing of its stake in Malayan Banking Bhd (Maybank) at RM8.00 to RM8.05 apiece, in a move to raise up to US$63.1 million (RM281.8 million), according to Dow Jones, which quoted a term sheet sighted.

a correction is probably underway

https://invst.ly/327d7

Hi connie, it seems HS has hit a strong resistance.

good info - tongtong

Fung Shui prediction for 2017 by Lynn Yap

1) USD will continue to be strong
2) Share price will fall around Sept/Oct
3) oil prices will continue to rise slightly but remains stable towards the end of the year

Hi connie, HS has broke thru the x-x line. Hope u have made a bundle !

The KLCI has move sideways in a series of EW flats which means there is not much upside momentum. Genting being a component of KLCI is probably also behaving as such.

Happy Birthday, uncle Koon. Wish u good health & happiness. What an enlightened person you are !

All the hell breaking free !!

If the outlook for business is not good this year, it means there is little loan growth n this results in zero growth for banks.

By 1997, those Japanese factories in SEA are no longer making money. On the contrary, if they shift their factories back to Japan, they are able to make money.
But the so called experts in the gomen are blind. They still did not notice what is happening.
The MYR is so overvalued that the ensuing correction overshot.

connie ... After the 2 xx, there is no more xx.. it will either resume its upward trend ABC or goes down n break CC line.
I did not count the waves ...if u mean to take up position, u have to drill down n count the waves. From the fibo, I think it is starting to reverse.
I have not played HS before. Are u buying the HS listed in KLSE ? Do u calculate the strike price n exchange ratio to find out if it is overvalue before u buy ?

Ian Copsey of Harmonic Waves said from his experience, there can only be 2 XX... there is no 3rd XX. After the 2 xx, it will rebound if it is a triple zigzay.. otherwise it would go down further n breach cc line to form a flat.

Hi connie, I am looking at HS daily chart on Chartnexus. The multi-timeframe support level is abt 21424.
This is also the median line of the Andrew Pitchfork. If it can reverse around this area, then the chances of an upside breaking the X-X line is possible.

Connie . Merry X mas - listening to Ave Maria by Andre Rieu now ..

Sori ...
http://invst.ly/2zsgi

At last

http://invst.ly/2zsf-

Hi connie... how to load the chart here from investing.com?

Hi connie, wave i & iii of upper channel must touch the channel ... wave ii & iv must also touch the channel. But wave 5 may or may not touch the channel.

Hi connie, yr bottom channel line should start with wave ii, not the origin of wave i. Yr channel is like the Andrew pitchfork channel. In EW we draw the channel as above.

As to hsif, I can see one wave (x) already formed ... and probably one more wave (x) forming. Wave x are on the upper channel.. it means the wave would probably move up to the upper channel to form the 2nd wave x

Furthermore, TopGlove is now trending above the Ichimoku Cloud.

Hi connie... Today's correction in TopGlove is probably wave 2 correction of wave 3 .... I expect it to resume its wave 3 of 3 after X'mas.

The qtr result ending Sept 2016 was stated using exchange rate abt 4.27... since then USD rate is now 4.48....

I think there is upside in TopGlove.

The other confluence is :- the chart pattern shows a reverse H & S pattern with neckline at 5.33.

Nobody believes this type of comments. The audit findings of 1MDB are kept secret & M'sia refused to cooperate with Swiss investigation..

"The biggest and costly mistake a trader can make is trying to catch the bottom..."
I totally agree with this view. Cos, u only know the bottom in hindsight.
Years back, most of my losing trades are trying to catch the bottom. Suprisingly, all my wining trades are not bought at the lowest prices

"the stone age ended not for the want of stones, and the oil age will end before the world runs out of oil". This statement was made by the SA Oil Minster, Yamani in the 1970s.

It is becoming a reality. In fact the world should have emerged fr the oil age earlier if not for the self interest of the giant oil companies. The pipelines, oil infrastructure, oil tankers ... are huge investments and those oil giants wants to get the maximum returns before putting them into the scrapyard.

This old news.