Hahaha......

Raptor. Europe and DOW future rally la......

But today the almighty got very small hands la......hahaha
I think my hands are even bigger......hahaha.
Their hand is only big when the market is down......wink wink.

Look at those queued at 3.90....2 3 5 3 3 1 lots, if that's not from the almighty hand then from who? :))

On the way to the temple........but met some leng looi and lost his way.....haha.

F22. Bro CCCH said....it is bcos of the almighty hand.

Wow....KLCI +18, almost recover yesterday's loss.......Raptor u manyak panlai la for correctly predicting this rebound.
.....but KSL is taking time to collect at 3.90 la...:))

spidee. my mandarin translation tells me...
tua tua chee chiao.....means many many chicken calling..
So....my 2c many many chicken calling.....means my two children crying loudly oredi lor.....wrong meh?

Newdesk. I tot she was saying....my two children crying loudly already.......hahaha.

newdesk thanks. so dumb la me.

spidee. What is 2c tua tua chee chiao ??

“Thus we recommend buy on weakness of the stocks that fulfil your fundamental requirements – i.e. inherent earnings quality, good earnings growth potential, and/or attractive valuation,” the research house said.

KUALA LUMPUR: MIDF Research says the trend of the equity market is likely to remain “upward-sloping going forward” despite the recent down-swing in global equity markets, and is advising investors to buy on weakness.

“Empirical evidence shows that even amidst period of economic expansion, the market can never be immune to intermittent cyclical correction. However, under this circumstance, which can be unnerving, it is advisable to not overreact and succumb to the market’s inexplicably rising fear," it advised.

“Be reminded that, more often than not, the pullback is essentially a manifestation that earlier market expectations may have exceeded the unfolding reality. Accordingly, the prevailing valuation needs to be duly corrected.

“Thus we recommend buy on weakness of the stocks that fulfil your fundamental requirements – i.e. inherent earnings quality, good earnings growth potential, and/or attractive valuation,” the research house said.

According to MIDF, the recent equity market downswing started on Wall Street arguably in reaction to a small cut in IMF’s global growth outlook for 2015, coupled with a deeper than expected decline in Germany’s monthly industrial production and crude oil futures breaking below its key price support levels.

It thinks the short-term local market undertone would continue to be dictated mainly by the prevailing vagaries on Wall Street, rather than any systemic dislocation whether in the EU or China.

“The IMF expects global output growth to accelerate from 3.3% this year to 3.8% in 2015. Interestingly, the same IMF recently revised upward its growth expectations for the US to 2.2% this year and 3.1% for 2015. Furthermore, despite further cut to the already tepid Eurozone growth expectation, we are seeing no heightened risk of systemic dislocation as was witnessed during the 2011 Euro debt crisis,” MIDF said.

It pointed out that despite the recent pullback in world’s equity market, China’s stock market is showing a limited reaction to the sell-off.

“We reckon the current pullback is (a) short-term cyclical (phenomenon),” the research house said.

MIDF said it had on Jan 8 stated that the potential downside to the KLCI would be limited to 1,750-1,700 points range, and is still standing by it. In fact, it opined that the ensuing recovery might be nearly as swift.

“Therefore, while it is admitted that our current year-end target of 1,900 points may seem lofty under the prevailing market sentiment, we believe its achievement will only be delayed by only up to three-six months. Furthermore, we expect the KLCI shall end the year at above the psychological level of 1,800 points.

“We thereby revise our FBM KLCI 2014 year-end target to 1,850-1,800 points range. But at the same time, we reiterate our FBM KLCI 2015 year-end target at 1,970 points,” it said.

Fu sin ter ren.....:((

......aah.....must have woke up oredi........
Good morning everyone.
My how ker ai, tot you ran away with someone else oredi??
That was why I went to the temple....:((

My how ker ai calling me???

.....heard someone calling me and singing poetry in motion....must have been dreaming la.....just woke up and found myself in a temple....came here last nite to meditate but the woh siong gave me some samsu to drown my sorrow......must be the fake samsu that knocked me off.....next time must go and see my bro CCH to get some fine wine instead.....just turned on the screen and I saw all green.....am I still in my dream?? someone pls tell me.........

Dun know meh?
Going for a jog......watch the DOW tonite.
Bye.

My heart breaks......:((

Spidee. should I return the 72 SMK joystick to si pak??

@F22Raptor , @22_circles. We are like one big family.......cheers :))

Bro CCH, cannot yet cos I'm waiting green light from my how ker ai to use it.....hahaha.

Where is my "how ker ai" ?

Europe all green 1 %, hope it will hold.

newdesk. yes pls esp the course on tackling spider....haha.

newdesk. Ah pek stock only attracts value investors lor....
It attracts ah pek and auntie also.....hahaha.

@newdesk. Okay I will ask her privately....haha. Thanks.

newdesk. hahaha......For me, your banana(s) is still very much prized after tasting sugarcane, eggplant, cucumbers, etc... *smiles coyly as newdesk blushes*

Which gentlemen needs "Women 101"?

@22_circles. spider got 4 pairs of eyes meh, let me check...haha.

@newdesk. Very good and sincere advice. :))

Thanks 22_Circles.......hope spidee will read this. :))

Raptor. How true.....hahaha.
Hope you will make good money from our darling gem. :))

This year's net income could be as high as 300M.
If they can give out 30%, it will be 90M or 22 sen per share.
At current price, it gives a return of 5.7%, better than your FD in your bank. :))

This year's net recurring income will be about 120M.
At current price, market cap. is 1.489B.
120M over 1.489B = 8 % , Better than a lot of REITS.
So, if market and the price is weak, just treat as REITS and keep.
Now you can keep bcos they are giving out divvy (previously they didn't for 3 yrs)

Raptor. Not bcos not working hard enuf.....it's bcos no experience with leng lui...:))

Raptor. My "how ker ai" always siam leh.....how to take action?? :))

Ya lor, my spider "how ker ai" :))

ne ren sin.....everyday makes my sum yuk yuk :))

@Raptor. Pick up more and buy us good dinner (esp. new desk) :))

@F22Raptor. Hope you will have a productive and profitable day. :))

Good morning everyone,

@SS661M. I totally agree with you on this :

We are the owners of a money printing company. The shares in our hands represent ownership, not just the $figure shown in computer screen. If we look at it this way then we will feel easier in market correction.

Cheers......brother.

@laughdieme77. Noted your advice, Thanks brother.

22_Circles. My house's spider "how ker ai" hahaha.

Raptor may be right.
YTD our market is the under performer.......

Change on year
Market Current End 2013 Pct Move
Singapore 3198.72 3167.43 +0.99
Kuala Lumpur 1786.84 1866.96 -4.29
Bangkok 1547.41 1298.71 +19.15
Jakarta 4962.94 4274.18 +16.11
Manila 6991.19 5889.83 +18.70
Ho Chi Minh 604.29 504.63 +19.75
(1 US dollar = 12,223.0000 rupiah)

Hope so, bro Raptor.

Agree with Raptor !!

Sentiment weak mah.....and all these young men buy shares to trade and not to keep.....what to do? :((

Rare species of spider.....do not belong to the forest...
Can only live in my house.......Hahaha.

Ya, meh. But how come I see only CCC.

Must ask my CCC if she also likes hwai nan ren.......

Bro CCH I'm telling CCC indirectly that if she cannot cure my syy then I'll have to go seek treatment from bak kut cheng lor.........:))

22-Circles is scouting for other fruits cos someone else is sum yuk yuk on his papaya mah......:))