http://www.enanyang.my/news/20180118/令吉升值累卖压br-增长股现买入良机/
Steel price is maintain at 2775/MT in Malaysia despite steel price huge drop in China recently.

Can't find any news related to Maybank. Some old news here: http://www.theedgemarkets.com/article/ringgit-seen-38000-malaysia-prepares-interest-rate-hike-—-sercs-lee-heng-guie
Mark down 25 Jan 2018: BNM meeting. 15 Feb 2018: GDP report
http://www.sinchew.com.my/node/1720211/马币兑美元收市报399520

@Henry, just my 2c since no one reply
When C31 was first traded on 2nd June 2017, It was 0.16 while Mother was about 9.50. Premium was (0.16X3+9.50-9.50)/9.50=0.05=5%
while C37 is 0.14 while mother is 9.88, premium is already 9.9%. If follow C31 valuation of premium 5% , C37 may worth (1.05X9.88-10.30)/4=0.02.
Of course if we compare ratio, gearing or in money, C31 is better than C37; only C31 maturity date is much shorter.
If you look back into history of C31, from 0.16 to 0.19 then drop to lowest 0.035, it can be happen to any warrant when market is bad, When I bought C31@0.04-0.05, premium was 4%.
If Mother stabilize @10 in March 2018, acceptable price of C37 for me is @premium 5%, which is (1.05X10-10.30)/4= 0.05.

I agree with apprentice about RM10-10.20 target can be reached before CNY as long as USD Index dropping.

CIMB raise Target price the most from 15.70 to 17.60

Speculation time. Conspiracy Theories of today TNB price action? (1) Allow selling on news. (2) Allow high expectation investor to exit (3)Press down to accumulate. pls notice that buy rate is 66% (4) This price action simulate last night down jones price action (UP 200+points then drop 100+ then recover as lost 10points)- it is the first attempt price action to cross difficult resistance.
We will see T+2 price action if TNB want to challenge 16 again.

@Linges, sorry for late reply. Maybank closing 9.88, presume 9.86 taken away (T+10 of 3rd January) without much volume, surely but slowly until grow white hair. Technically expecting %D cross over smoothed %D tomorrow. Looking clue from Maybank news tonight. I still hold 80% C31 after taking profit nett 20%. C34 of course is safer, I haven't sell.

Exercice price of 10.30 for new warrant means Maybank outlook is above 10.30. C37 for me is too expensive

Finally on board TNB C39.....luckily didn't chase. TNB down to test 15.80. Why? Sell on news?

http://www.theedgemarkets.com/article/cimb-ib-research-raises-target-price-tenaga-rm1760

TNB also has above good news to pump up tomorrow....
I don't know accounting, can Malaysia IPI electricity sector output YOY used to estimate TNB core revenue?
2016
JAN+7.7 FEB+10.5% MAR7.7% APR9.4% MAY+9.6% JUN+8.7% JUL+7.1% AUG+3.0% SEP+7.1% OCT+6.9% NOV+9.7% DEC+6.1%

2017
JAN+1.1 FEB+1.5% MAR-0.2% APR-1.5% MAY+2.5% JUN+2.1% JUL+7.9% AUG+3.0% SEP+2.2% OCT+4.6% NOV+3.9%

2017 SEP, OCT, NOV contribute to results next week.
https://www.dosm.gov.my/v1/index.php?r=column/ctwoByCat&parent_id=89&menu_id=SjgwNXdiM0JlT3Q2TDBlWXdKdUVldz09

http://www.theedgemarkets.com/article/tm-tnb-ink-mou-implement-nationwide-fiberisation-plan

@hit & run, my TP for C34 is when Mother hit 10-10.20 (9.15->10.15 about RM1, heavy weight also need to rest), or KLCI 1st attempt to cross 1850, or 2 days after BNM's announcement of interest rate raise, or just 2 week before CNY, which ever is earlier. I just start learning technical analysis on sound companies. A lot of misleading comments before, don't trust me and do your homework. What is your C34 TP?
Retyped as msg missing just now

Today too slow to buy AMMB C5 @0.215, TNB C39 0.26, MB C34 @0.265, then no choice  buy back a bit of C31@0.14, back to square one. Finally found a Maybank news:

https://www.theedgemarkets.com/article/maybank-islamics-renttoown-housing-scheme-now-open-buyers-klang-valley

Should be good news right?

Yes. Sold C31 @0.15 is to prepare bullets to buy into C34@0.265 and tenaga C39 at0.26 this morning, though unsuccessful. AMMB C5 this morning 0.215 is very attractive also. expecting a dip today, thus buying on dip

9.86 no big block queueing to sell today, consider resistance taken away?

Oh, just see this 2 different trends. Could it be current price and future price different? Any sifu can comment?
http://www.sunsirs.com/uk/prodetail-927.html
https://tradingeconomics.com/commodity/steel

Good @1.29-1.28, lionind 1.5 year uptrend support line is here. Hope it can hold. Just wonder where is dropping of Chinese steel price news came from. The info I google is totally different. Chinese steel price is going to challenge all time height 4772 in near term. Although Chinese steel price is different from Malaysia, any price increase in Chinese steel price will guarantee Malaysia company current profit. Last few days Chinese steel price spike up around RMB500!https://tradingeconomics.com/commodity/steel

Wah suddenly this forum become hot today. Still blur blur. 1.36 didn't hold.....Wait for 1.29 tomorrow. If break the support again, have to use margin at 1.20....

Very strong resistance at 9.86. Profit take 30% C31 @0.15, balance 70% wait till Wednesday

Bought 1.36. balance 1.29, but unlikely

T+10 today, Judgement day. Can 9.86 be taken away? Million dollar question

i3 above financial highlight states QR to be released on 24-Jan-2018, accurate?

Paiseh, beginner mistake, TNB MACD is above signal, only %D is below smoothed %D (.........C39 trending lower next week before results release (TNB MACD below signal). TNB results on 19th or 26th?)

Save @linges, wait, TNB QR1 is Jan 2018, price may dip before QR, purely speculative. (However QR1 2017: price dip after QR as results below expectation, 2016 QR1: Price up after QR as better results) We should discuss TNB speculation in TNB Chat room

Strategy for C34 now should be buying on dip waiting for market to taking away 52 weeks Hi @9.86. Huge jump may be noticed after breaking up before profit taking come in (like TNB performance on 8-9 of January)

Hi, Linges, If I manage to sell half of C31 and C34 next week, swap & slowly accumulate TNB (C39) should be better choice as C39 trending lower next week before results release (TNB MACD below signal). TNB results on 19th or 26th?

Technically TNB temporary rest. time to slowly accumulate TNB at 15.68/15.70 before results released. When is results released?

@Alfred9999, Azman123 cool... cool down please. Agreed with AIfred Lionind technical suddenly turn unfavourable yesterday as rebound of MACD not seen yesterday. hopefully 1.36 can hold it, Operator may make everyone especially speculator like me frustrated, everyone cut loss then only goreng as fundamentally lionind next quarter Q2 may be better as parkson may stop making loss. Due to CNY effect, Parkson may make smaill profit in Q3 (IB may then come into promote), ie added bonus. Steel price currently is good, should be reflected in Lionind Q3. People fear, we become greedy as we look at 6 month future profit

Just sharing. This time readjust premium % as Maybank is slow and steady. Based on calculation, if 0.5% premium, 10, C31=(1.005X10-9.50)/3=0.165; 10.20, C31=(1.005X10.2-9.50)/3=0.23;
if 0.5% premium, 10, C34=(1.005X10-9.25)/2.5=0.305; 10.20, C34=(1.005X10.2-9.25)/2.5=0.385.
Market most of time is unpredictable, above is merely references.

T+9 Maybank still digesting sellers at 9.85 (52 weeks all time peak at 9.86). No news related to Maybank yet.
http://klse.i3investor.com/blogs/kianweiaritcles/144119.jsp
http://klse.i3investor.com/blogs/hleresearch/143988.jsp (Maybank & RHB)
So far non of the banks as far as I know take away 52 weeks Hi yet. As Maybank has consolidated for 9 days at this resistance, it could be first to break it and speculatively first target to reach is RM10-10.20 after breaking the resiatance. Time to sell half and buy 2nd liner banks then. Any good 2nd liner banks?

Funds is collecting between 5.05-5.20 these few days

Can 9.85 taken away today and 9.86 coming Monday?

nothing happen on T+8.......sma10 KLCI 1807 going to be tested tomorrow?

Hopefully a hammer can be form. Remember buy more at 1.36

@tradewinds. gap up tomorrow but not today, miss speculation by 1 day

Lion technically perfect for rebound if market up leaded by tenaga in the morning and Maybank in the afternoon tomorrow to test 1850

Force selling time over, Looks unlikely 1.36. wait for last 10 minites disposal

wah. 1.41 d. wait for us. haven't accumulate enough

Yes . speculatively only ya, wait for force selling 3.30pm hope it can reach 1.36, will be very attractive to buy

Technically Maybank previously price up on T+8 (T=14 Dec), today is another T+7, (T=29 Dec), would Maybank lifted tomorrow? Million dollar Question, seek tonight news for clue

Lion share price unique pattern seems that price must sink before major shooting up. the pattern can be seen 25/8-14/9, 4/12-3/1. If drop to 1.36, be prepared to accumulate more ya

Suggest buy 2nd liner like Gamuda WE , MRCB from proceed earn

@Linges, suggest to sell partially when KLCI over 1850 before crossing 1867. KLCI may need to be tested twice before crossing it. Chance to buy back after sold

@Novice77 why say dividend rush? Usually dividend in April, may be early this year but so far no announcement yet. Profit taking expected but should be short. Technically Maybank due to break major resistance @8.86 so hold or buy on weakness. KLCI target 1850 this week and should be reachable

Market profit taking start kicks in......

1830 reached but cn't break 8.82. what a slow and steady maybank

Yesterday Maybank 9.80 sellers seems taken out. Today Icapital only revises KLCI immediate term outlook in a range of 1660-1850, from 1660-1780.

Technically TNB MACD just cross signal today, good. While waiting for a short consolidation after index to test 1830, I believe TNB will lead others to cross 1830 in near future, banks may need to rest next week.

https://www.thestar.com.my/business/business-news/2018/01/05/hlb-and-maybank-are-affin-hwang-top-banking-picks/

Agreed. Tenaga is comparatively easier to push up as it consolidate for many days. However, things always happen reversely in last minutes.....

May be it is Tenaga not Maybank push the index to test 1830....