benhctan

benhctan | Joined since 2013-04-11

Investing Experience Advanced
Risk Profile Moderate

30 yrs equity,15 yrs index/com futures. Former KLSE Floor Trader(No:12) in the open outcry system during early 1980's. Hit the super bull run in 1993-1994 and retire early,thereafter spending part of my time traveling as a solo backpacker off the beaten path throughout Southeast Asia.

Followers

0

Following

0

Blog Posts

11

Threads

305

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
305
Past 30 days
0
Past 7 days
0
Today
0

User Comments
General

2013-06-24 23:01 | Report Abuse

bullish support is 0.41 so if support breached you don't stand still isn't it my friend cheebai.

General

2013-06-24 22:58 | Report Abuse

China meltdown-rapid growth after many reforms and trade liberalization,currency unpegged but done artificially.

"Easy money" policies started to slowly became the norm and China kept interest rates artificially low for the state-run banks. The politically connected could borrow at these low rates and re-invest with much higher rates of return. This created major incentives to invest in real assets, which then fueled inflation across the economy.

The artificially low rates also helped create a large "shadow banking" system aka Ah Long (our Malaysian shadow bankers)

There's a good chance that the deflation of the Chinese asset bubble will also be the main driver behind the next emerging market crisis.

General

2013-06-24 22:43 | Report Abuse

Half yearly window dressing.Dow has pullback 3/4 of April's gain.
Fear 1: Federal Reserve to scale back its stimulus program by the end of 2013 IF the economy continues to pick up...not yet happen
Fear 2: China's credit crunch triggers confidence fear...still early to ascertain.
Result:market fear overdone.
Tomorrow is rollover of index futures contract for Asian market,market activities will ignore tonight's Dow plunge.

News & Blogs

2013-06-24 16:05 | Report Abuse

There's no slip of brokers finger,market deliberately done in line with US Quadruple Witching Day.
Many counters have big swing on that day...eg coastal,toto,tdm,cbip,batu kawan,hs plant etc.
In fact most of the shares across the board has now covered back to the post election day.
Today Parliament starts with BN taking back control and all stocks came down to square one.
Foreign funds are firing lots of shorties in Bursa market as well and more to come.

Stock

2013-06-24 15:49 | Report Abuse

Tomorrow is rollover of index futures contracts for Asian markets,market will swing back.

General

2013-06-21 08:15 | Report Abuse

Tonight will be the grand finale of Quadruple Witching Day of Dow Jones.
A day where stocks,single stocks and options index futures expires at the same time.
There will be a possiblity of short coverings and technical rebound.

Stability will be back to the market and you have to be ready for the next big one near the annual anniversary of October crash.
Always review your investment on a monthly basis be it blue chips or your sentimental stocks as the market has it ups and downs.

Currently the Dow Future is up 5 points,Nikkei down 273,Australia down 50
KLCI forecast to open on weaker note about 8-10 points down .

Stock

2013-06-20 22:56 | Report Abuse

Most of the investors subscribing to the latest rights are hoping the target of 0.50.They are not aware of the giant short sellers sending them to the killing fields.

News & Blogs

2013-06-20 22:48 | Report Abuse

Regulated short selling list as at 06 January 2013

1 5185 AFFIN HOLDINGS BERHAD
2 5099 AIRASIA BERHAD
3 2488 ALLIANCE FINANCIAL GROUP BERHAD
4 1015 AMMB HOLDINGS BERHAD
5 6888 AXIATA GROUP BERHAD
6 5190 BENALEC HOLDINGS BERHAD
7 3395 BERJAYA CORPORATION BERHAD
8 1562 BERJAYA SPORTS TOTO BERHAD
9 5258 BIMB HOLDINGS BERHAD
10 2771 BOUSTEAD HOLDINGS BERHAD
11 5210 BUMI ARMADA BERHAD
12 1818 BURSA MALAYSIA BERHAD
13 7076 CB INDUSTRIAL PRODUCT HOLDING BERHAD
14 1023 CIMB GROUP HOLDINGS BERHAD
15 5071 COASTAL CONTRACTS BERHAD
16 5141 DAYANG ENTERPRISE HOLDINGS BERHAD
17 7277 DIALOG GROUP BERHAD
18 6947 DIGI.COM BERHAD
19 3417 EASTERN & ORIENTAL BERHAD
20 1368 FABER GROUP BERHAD
21 5398 GAMUDA BERHAD
22 3182 GENTING BERHAD
23 4715 GENTING MALAYSIA BERHAD
24 2291 GENTING PLANTATIONS BERHAD
25 5020 GLOMAC BERHAD
26 3034 HAP SENG CONSOLIDATED BERHAD
27 5138 HAP SENG PLANTATIONS HOLDINGS BERHAD
28 5819 HONG LEONG BANK BERHAD
29 1597 IGB CORPORATION BERHAD
30 3336 IJM CORPORATION BERHAD
31 5215 IJM LAND BERHAD
32 2216 IJM PLANTATIONS BERHAD
33 1961 IOI CORPORATION BERHAD
34 5161 JCY INTERNATIONAL BERHAD
35 3522 KIAN JOO CAN FACTORY BERHAD
36 5089 KLCC PROPERTY HOLDINGS BERHAD
37 7164 KNM GROUP BERHAD
38 5878 KPJ HEALTHCARE BERHAD
39 5097 KSK GROUP BERHAD
40 2445 KUALA LUMPUR KEPONG BERHAD
41 2003 KULIM (M) BERHAD
42 3794 LAFARGE MALAYAN CEMENT BERHAD
43 4235 LION INDUSTRIES CORPORATION
44 8583 MAH SING GROUP BERHAD
45 1155 MALAYAN BANKING BERHAD
46 3662 MALAYAN FLOUR MILLS BERHAD
47 5014 MALAYSIA AIRPORTS HOLDINGS BERHAD
48 1171 MALAYSIA BUILDING SOCIETY BERHAD
49 5186 MALAYSIA MARINE AND HEAVY ENGINEERING HOLDINGS BERHAD
50 3786 MALAYSIAN AIRLINE SYSTEM BERHAD
51 5077 MALAYSIAN BULK CARRIERS BERHAD
52 1651 MALAYSIAN RESOURCES CORPORATION BERHAD
53 6012 MAXIS BERHAD
54 5983 MBM RESOURCES BERHAD
55 5090 MEDIA CHINESE INTERNATIONAL LIMITED
56 4502 MEDIA PRIMA BERHAD
57 3816 MISC BERHAD
58 2194 MMC CORPORATION BERHAD
59 5085 MUDAJAYA GROUP BERHAD
60 3905 MULPHA INTERNATIONAL BERHAD
61 3859 MULTI-PURPOSE HOLDINGS BERHAD
62 5201 OLDTOWN BERHAD
63 5053 OSK HOLDINGS BERHAD
64 7052 PADINI HOLDINGS BERHAD
65 5657 PARKSON HOLDINGS BERHAD
66 0047 PERISAI PETROLEUM TEKNOLOGI BERHAD
67 5183 PETRONAS CHEMICALS GROUP BERHAD
68 5681 PETRONAS DAGANGAN BERHAD
69 6033 PETRONAS GAS BERHAD
70 4634 POS MALAYSIA BERHAD
71 4065 PPB GROUP BERHAD
72 1295 PUBLIC BANK BERHAD (inc. Public Bank - F)
73 6807 PUNCAK NIAGA HOLDINGS BERHAD
74 1066 RHB CAPITAL BERHAD
75 5113 RIMBUNAN SAWIT BERHAD
76 7158 SCOMI GROUP BERHAD
77 9792 SEG INTERNATIONAL BERHAD
78 5173 SHIN YANG SHIPPING CORP BERHAD
79 4197 SIME DARBY BERHAD
80 8664 SP SETIA BERHAD
81 5211 SUNWAY BERHAD
82 7106 SUPERMAX CORPORATION BERHAD
83 4898 TA ENTERPRISE BERHAD
84 5158 TA GLOBAL BERHAD
85 4863 TELEKOM MALAYSIA BERHAD
86 5347 TENAGA NASIONAL BERHAD
87 5112 TH PLANTATIONS BERHAD
88 5031 TIME DOTCOM BERHAD
89 7113 TOP GLOVE CORPORATION BERHAD
90 4804 TRADEWINDS CORPORATION BERHAD
91 9059 TSH RESOURCES BERHAD
92 5148 UEM LAND HOLDINGS BERHAD
93 4588 UMW HOLDINGS BERHAD
94 5005 UNISEM (M) BERHAD
95 5200 UOA DEVELOPMENT BERHAD
96 5142 WAH SEONG CORPORATION BERHAD
97 9679 WCT BERHAD
98 4677 YTL CORPORATION BERHAD
99 2577 YTL LAND & DEVELOPMENT BERHAD
100 6742 YTL POWER INTERNATIONAL BERHAD

News & Blogs

2013-06-20 22:28 | Report Abuse

The following stocks were withdarwn from the Regulated Short Selling.
1 5401 DIJAYA CORPORATION BERHAD
2 2143 ECM LIBRA FINANCIAL GROUP BERHAD
3 5205 EVERSENDAI CORPORATION BERHAD
4 3492 KFC HOLDINGS (M) BERHAD
5 3565 KUMPULAN EUROPLUS BERHAD
6 5202 MSM MALAYSIA HOLDINGS BERHAD
7 5703 MUHIBBAH ENGINEERING (M) BERHAD
8 5173 SHIN YANG SHIPPING CORP BERHAD
9 1589 TEBRAU TEGUH BERHAD
10 4243 WTK HOLDINGS BERHAD

Replacing the above are:
1 5210 BUMI ARMADA BERHAD
2 3794 LAFARGE MALAYAN CEMENT BERHAD
3 3662 MALAYAN FLOUR MILLS BERHAD
4 5983 MBM RESOURCES BERHAD
5 5201 OLDTOWN BERHAD
6 4065 PPB GROUP BERHAD
7 7158 SCOMI GROUP BERHAD
8 5211 SUNWAY BERHAD
9 4804 TRADEWINDS CORPORATION BERHAD
10 5142 WAH SEONG CORPORATION BERHAD

Latest inclusion is IHH Healthcare Berhad.

You need to open a separate trading account with your respective investment bank such as RHB,Kenanga,HDBS
or contact
Foreign participant:
UBS Securities Malaysia,Wisma Hong Leong (Tel: 2781 1100)
JP Morgan (http://jpmorganaccess.com.my/)

Stock

2013-06-20 21:48 | Report Abuse

Hopefully the company will reward shareholders with bonus when they merge their fire fighting entity and list under a New Company.

Meanwhile it's still pending valuation of the businesses of both side and expect more excitement towards the next financial year.
Property and biomass are two areas of aggressive diversification which will boost the bottom line of the company.

Stock

2013-06-20 15:35 | Report Abuse

shopping time

Stock

2013-06-20 15:27 | Report Abuse

Dow Jones futures recovered to down 31 from down 71 points.
Look forward to Dow futures expiry tomorrow short covering technical rebound.

Stock

2013-06-20 15:13 | Report Abuse

UEM land already change name to sunrise

Stock

2013-06-20 15:11 | Report Abuse

Index retracement stock later in the day

Stock

2013-06-20 11:34 | Report Abuse

Time to enter market,US Futures short covering tonight on contracts expiry.

Stock

2013-06-19 13:07 | Report Abuse

REGULARIZATION PLAN is about 40% in schedule but there should be a capital reduction with a call for rights with warrants in order to fully complete the whole scheme.

Stock

2013-06-19 12:59 | Report Abuse

This is a war chest company for the ruling political party so do not hold as an investment.Forum investors should act as a SNIPER Trader in this particular stock.
Oil and Gas stocks are too crowded in the market.

Stock

2013-06-19 08:59 | Report Abuse

0.03 gap up,positive move

Stock

2013-06-17 14:26 | Report Abuse

open gap up 0.01,resistance:0.56

Stock

2013-06-17 11:46 | Report Abuse

US Federal Reserve Ben policy meet on 19.6.13.All markets will be up before this day.
TGoffs-WB expire 11.10.13 exercise price 0.52,maybe shareholders need to sell mother shares to buy the warrants

Stock

2013-06-17 11:30 | Report Abuse

This counter is famous for one day upward swing followed by temporary consolidation.Current 0.41 is still above the month bull support price 0.36.

Stock

2013-06-17 11:24 | Report Abuse

Will be stuck in this tight range for quite sometime as investors have already benefited from the bonus and free warrants

Stock

2013-06-17 11:16 | Report Abuse

0.41 is the current support price.Counter open gap up and is playing inside the gap.

Stock

2013-06-17 11:10 | Report Abuse

Bears in control of this counter from start of month.Today is the 5th straight set down.
Current price is covering half the fake bull on 20.5.13 which opened at 0.445.
Intraday low 0.53 done at 10:22am,see if it hit again at about 11:45am and look again in afternoon session for direction.

Stock

2013-06-17 10:46 | Report Abuse

A high yield dividend payment company with many instituitional long term investors and not those fly by night funds.

Stock

2013-06-17 10:40 | Report Abuse

This month support has been breached at 1.62.
Current price is the best morning session buy for rebound.

Stock

2013-06-17 10:35 | Report Abuse

Intraday traders need intraday chart which has hidden agenda and need mental calculations.
Even the 'Sakai' in Sahara desert see the same pattern,then the market will be a one way journey.

Stock

2013-06-17 10:30 | Report Abuse

main support price for the month is 0.32

Stock

2013-06-17 10:25 | Report Abuse

Main support price for the month 0.53,morning session is bearish

Stock

2013-06-17 08:54 | Report Abuse

Small cap RM1 par value,good entry price but lack of interest

Stock

2013-06-17 08:50 | Report Abuse

This fund got short down Friday from 0.335 to close at 0.205.

Stock

2013-06-17 08:47 | Report Abuse

a totally ignored counter,very low volume but good prospect

Stock

2013-06-17 08:41 | Report Abuse

High flyer,limit up,good consideration.

Stock

2013-06-16 11:58 | Report Abuse

免费一股如果有三十股在手..0.03股利..你是对的.

Stock

2013-06-15 17:03 | Report Abuse

You are right,investing in stocks require an element of risk taking and individual choice after deep analysis.We trade within our budget in the hope of building our nest egg in a certain time frame.

Even the best traders internationally do make mistakes in investing and have to write off certain investment at times.

Stock

2013-06-15 16:29 | Report Abuse

An ex-convicted company owing debts RM250m exceeding paid up RM47.7m listed under the style of Cygal Berhad dumped into PN4..that's history.
Restructured in 2007 and now going into new era.AGM on the 27.6.13.

Friday' price is still below NTA 0.54,par value RM1,small cap 350m paid up is still worth looking into it rather than buying all those cheap under performing penny ACE companies.

The main support price to date will be 0.32 but due to the former owner who is still the current shareholder aggressively buying up the stake,any pullback on Monday due to weak overseas market will be 0.36.
On the whole this stock remain bullish.

Stock

2013-06-15 14:22 | Report Abuse

Invest in the following international airlines:

China Southern airlines (1055:Hong Kong Stock Exchange)=HK$3.28(RM1.31)
Air China Ltd(601111:Shanghai Stock Exchange)A-shares=CNY4.88(RM2.48)
ANA Holdings Inc(9202:Tokyo Stock Exchange)=¥195.00 JPY(RM6.25)
China Eastern Airlines Corp Ltd(600115:Shanghai)A-shares=CNY2.93(RM1.49)
Qantas Airways Ltd(QAN:ASX)=AUD$1.37(RM4.09)
Garuda Indonesia GIAA (Indonesia: Jakarta)=IDR500(RM0.16)
Philippines Airlines(PAL:PM)=Pesos5.25(RM0.38)
Thai airways international(THAI:Thailand Stock Exchange)=Baht28.50(RM2.90)

To all MAS investors,current market price 0.30 or (Rm3.00/RM 1 par)is it better than all the above???
MAS is famous for every 3 years calling for rights issue to swindle investors!!Malaysia can't beat all the above in tourists dollars.

Stock

2013-06-15 13:24 | Report Abuse

A highly speculative stock where local government funds were involved.
Current month support price is 1.37 which was completed on Thursday @1.36.
You can make good money playing this stock.

Stock

2013-06-15 13:13 | Report Abuse

complete pullback is 0.03 but might spike up on a one day show on winding up court case on 20.8.13.

Stock

2013-06-15 13:02 | Report Abuse

Complete pullback is 0.30,major resistance is 0.33.
Hopefully investors won't find this stock idling around this range throughout the 2nd half year until you get bored with it.

Stock

2013-06-15 12:48 | Report Abuse

MAS first hurdle test is 0.34,major resistance is 0.38.
Friday's closing low 0.30 is still susceptible to further weakness.
Looking at it you have right pocket Khazanah buying while left pocket EPF disposing.A zero sum game.

Stock

2013-06-15 12:29 | Report Abuse

1 lot treasury shares distribution has no impact at all on the share price.
Open market buying by the company shareholders is an ongoing process which will benefit investors in the long run for this company specifically compared to other listed companies.
The company is getting more diversified now venturing into big property projects in Rawang.
Assume current price 0.790 bought,ex dividend will be about 0.76 which is around the NTA.This is the reason why it is not breaking the 0.85 and onward to 0.95 as yet.
The final support price will be 0.72 but hard to come by.
After dividend payout,investors can expect more positive announcement which will enhance the share value.
Current pullback is an opportunity buy call for those who missed the first spike up.
This is a typical good investment in value stock with many scheduled activities on the card.

Stock

2013-06-14 21:44 | Report Abuse

will jump very high,politicians involved

Stock

2013-06-14 21:39 | Report Abuse

Khazanah Nasional chairman is Najib Razak,the present PM while Azman bin Hj. Mokhtar was appointed as Managing Director of Khazanah Nasional on 1 June, 2004.
So Khazanah Nasional is just an investor in MAS as mentioned in the news report.
"Looking At 3-5 Years Timeframe For MAS' Turnaround" --that's during the mid-term of PM and near next GE14 election.
Seemed that these MAS stocks hijackers have some timetable in mind.
Securities Commision head once was the chairman of MAS:http://www.themalaysianinsider.com/business/article/munir-resigns-as-mas-chairman/

Stock

2013-06-14 16:32 | Report Abuse

change mas bhd par value 0.10 to sycal small paid up par value RM1.00

Stock

2013-06-14 16:27 | Report Abuse

undervalue smallcap stock on breakout and on the move.

Stock

2013-06-12 15:16 | Report Abuse

http://mrem.bernama.com/viewnt.php?idm=3220
Intermark address is 182 Jln Tun Razak and not 348 Jln Tun Razak.
Main TIPU lagi!!
see map here:http://maps.google.com.my/maps?q=348+jalan+tun+razak+map&ll=3.151649,101.723067&spn=0.001044,0.001124&client=firefox-a&channel=np&hnear=348+Jalan+Tun+Razak,+50400+Kuala+Lumpur,+Wilayah+Persekutuan+Kuala+Lumpur&gl=my&t=m&z=19

next excitement for fans of Patimas.
- Court of Appeal between Omni Quest Sdn Bhd & Tony Poon Ah Huat and Patimas Computers Berhad
-fixed for Case Management on 20 August 2013 pending grounds of judgment being obtained from the Court of Appeal of Malaysia.