In my opinion, Tunein has already peaked

I suppose if u did not elect to reinvest yr div, u will be paid by cash.

Oil multinationals have vested interest in maintaining oil in the transport section. The huge investment in infrastructure, oil pipelines, refineries, oil tankers, oil storage etc already in place means no government have the political will to change all these overnight. Changing means incurring huge investments no government can afford. Cars will continue to run on petrol for many long years to come.

My observation was on TM some time ago which I own some shares. The buy side showed orders for over 1 million shares while the sell side about 300,000 shares but the price hardly moved. Unlike what is happening to Maybank.

So far there are no signs of foreign buying. For Genting, yes.

What the Minister said n reported in the Sun last few days was: spectrum reallocation was to improve services in rural areas. Allocation means those spectrum allocated will not be subjected to auction. Gomen will determine the new fees telcos have to pay. This is far better than auctioning.

Then where does 'auction of spectrum' fit in? MCMC now has a block of 900HzM not allocated to any telco. This block can be auctioned off.

During the meeting with the industry captains, the industry captains suggest: 1) make 700 HzM band available to auctioning since no one is using it now. 2) refarm those spectrum given to those companies which did not built any infrastructure n merely renting it to other telcos.

The picture is clearer now. Due to spectrum reallocation, telcos are expected to spend 1-2 billion over 10 years meaning about 100,000 per year to add equipment to maintain the same quality

They have already got factories in other SEA countries with cost of production lower than ours. So, they just import n sell. Why no revenue? I pity those workers who are retrenched. But don't blame it on BAT. Nobody will 'tolong' retrenched workers.

There are indications from the comments of Guiness CEO. All will cabut.

it means they are trying to maintain the price at this level.

If u have observed. Buyers n sellers blocked both entrance n exit. If u want to buy, u have to pay the seller's price otherwise u will be jammed in the long queue. Same if u want to sell, u have to pay the buyer's price. I believe both are gomen funds. If they want to induce some panic selling, the buyers on the buy sell would suddenly disappear.

The telecommunications sector is not moving due to gomen's new policy on spectrum. by doing this, all companies are affected in that they can no longer afford to pay big dividend. ASM, EPF, Tabung Haji are all going to give less dividends now. Not only this, the market value of their investments have also gone down. The sword cuts both ways.

They changed the policy when all the network are already in place. Redistributing spectrum means that when the plug is removed, all our lines will experience drop calls etc. Celcom has given the hint that they will have to spend RM1 -2 billion over 10 years. Not one year. It means the quality of our calls will drop no matter what line u are using.

Today in the Sun, "more than 50,000 graduates unemployed in 2015". Only those big companies can afford to employ graduates. If u keep on driving away these multinationals, you will get this problem. Most of the job vacancies now are sales n marketing job which does not need to employ graduates. Those non-graduates who can do a super sales job is wanted everywhere. it is no use hiring a graduate who only can do backroom jobs. Banks have retrenched a lot of backroom staff via VSS.

Shale oil producers can restart their operations within a time span of 3 months after shutting compared to those traditional oil fields which takes over 1 year to restart. They put a ceiling on the price of crude oil now and in the future. Years ago OPEC though they could hold the world at ransom but not now anymore. Huge shale oil deposits are found in Canada, Argentina, China. How high can crude recover?

If u keep on increasing tax like no tomorrow, these industries will shift. The beer industry has also given this indication. Smoking is sin. Vaping is not sin? Unemployment among the general population will rise besides those employed graduates.

Maybank on its move to go above RM9.00

the whole issue is were are in a bear market. U can see the number of shares done for each transaction. Buyers buy just 100 shares or sellers just sell 100 shares to move the price up or down with no serious players

I am using Digi line n and I find that its network quality is no good.

this is a thin trading counter with not much volume. U are at the mercy of the buyers.

Umobile is trying to get market share by pricing its packages below its cost. With no money to make from these packages, u can see its market share increase but not profits. The ex CEO of Digi said ultimately they will suffer from network congestion n have to spend more and more on hardware.

Digi lost market share. Its package might be cheap but what about the quality of its network. I went to ClubMed Bali a year ago n I can't make a call back to Malaysia from the resort hotel.In the end, I borrowed my friend's mobile using Maxis line n I was able to call home.

Mobuis probably has already bought and waiting to sell.

Genting M is going from a cash rich company to a debt laden company.

Nothing happened. Genting has been buying back its own shares. Maybe they have stopped.

Today is ex dividend. You will not get any dividend. U should have bought it yesterday

Ich90, u are right. Support levels are not cast in stone. If RM continues to gain strength, the share will drop again. Supermz is trapped inside its down channel with no bottoming in sight.

It is at its multi-time frame support level. See if it can break this support level.

I would say Yee Lee has already peaked.

impairment = a more polite word for NPL

Typical of stocks which gave bonus shares. The no of shares have doubled. Those receiving ESOS at RM1.76 & $3.49 can still sell at a profit. Nobody talks about 'long term'.

The is no ex date and date of payment of div yet! Looking at it, people are just doing trading i.e buy n sell even if there is little money to make. No one is buying long term.

Share trading is a zero sum game. Your gain is somebody's loss.

Investment bank issues the warrant not Maxis itself

CIMB's NPL in Indonesia up. Mayabnk's subsidiary in Indonesia NPL down mainly due to restructuring of those bad loans. Not because its asset quality is better. Restructuring of bad loans e.g. converting it to long term loans, lengthening the payment period etc.

TP 4.21

The key word is "cyclical stock".

If u look at the chart of Parkson, those who fish at the bottom ended up dead.

Put in another way, when the stock exhibits a double top formation, it has reach its full value.

The question really is "is the correction over"?

I would say it could correct to $5.00 but it will take time to reach its target. If u look at the charts, Petron formed a double top with candle wicks which means it does not have the momentum to go further up. This is already a warning sign.
To put a setup there is high risk. I may as well buy other counters which have the same upside potential n less risky.
Insiders have a lot of info which we do not have. 2 months have already passed when the results are being announced. What is their performance during these 2 months, we do not know. Those who bought at the early stages have all made money. But to assume investors would buy to the extreme based on EPS is lot logical.
GLS like Petronas D has the support of gomen funds & you can say its PE is expensive. Others may not have.

The eps should be based on prospective eps & not historical eps. The question is what will be its eps going forward? Can Petron repeat its performance or is it just a one time event?

If u want to search for a reason, u can never find one. Some big funds which have bought earlier is cashing out. They are converting their paper profits into cold cash. For the joys of investment is in the selling.

Petron has probably completed its impulse waves n is embarking on its first corrective wave down. Traders make $$ when they play the impulsive waves but lost back their $$$ when they play the corrective waves. Beware.

TP 8.40

Maybank being solddown now.

EPF is buying n selling to make money. If they just buy n keep, how do they pay dividends? By the time, announcement comes out, they may be already doing the opposite.

Results are already history. Share prices are forward looking.

Its last results have shown that Digi has lost some market share.

it may well be a counter trend of 3 waves instead of wave 1. At times, it is a difficult judgement. But you have some idea of what will unfold. And I think it is an advantage.

Hi connie, yes my humble opinion is the high of 0.88cts is wave C. Sometimes the wave looks freckish as it may take a long term for the wave to form.

Your first chart on HHGROUP labels the high of 0.88 cts as wave no.3 but its subsequent retracement went below the area of wave 1 which confirms the high of 0.88 cts is wave 5 rather than wave 3.