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.

The uplift in price of oil may well be short-covering by traders in the futures market. Nothing much has changed. The players agreed to stick to their January production.

Ever stock seems to be buyable now!

Uptrend may well be short-lived.

The KLCI faces a big hurdle in its next resistance - the confluence of 1) its 2014 July highs trend line 2) upper limits of its channel line 3) its 200 day MA
in its daily charts

Unless the big sharks support. Ikan bilis how to support?

I am not Dali. By the way, are u caught?

What Dali meant is that you can take advantage of the sideways movement to make some money. But you have to do it fast n do not be greedy. His strategy is sound. Some investors have make $$ from the sideways movement. It is only when you accumulate at wave B, you would be caught.

When a stock reaches wave 5, it is ripe for a correction irrespective of what projects it obtain etc... I won't keep a stock long term unless I bought it dirt cheap. It dropped and then move sideways (which I suspect is wave B) and then it drop off the cliff to complete its wave C correction. If I suspect the sideways movement to be Wave B, I would just sell it fast n wait for it to embark on its wave C correction.

I remember RHB's write up of Tune Insurance Bhd. I looked at the charts and I sold for a small profit of RM300. Today when I look at Tune's share price, I feel lucky to have sold. The lesson is do yr homework. I can see Viva is still in wave C correction, probably in wave 3 of C. It has not even reached wave 5 of C.

Is the correction over? It has made a parabolic rally with no correction along the way. Alexander Elders said in such a rally, you can throw away all your indicators, fasten yr seat belts and expect a rough ride. The rally has already ended. The question is "has the correction been completed". I think not.The likely target is 0.176 Just my opinion.

A 4th wave rebound means there will be a 5th wave down.