We missed the European and US rallies of last Friday. After the weekend's intervention, the positive sentiment became diluted. Good analysis - I believe Malaysian traders are waiting to see how these markets go tonight rather than to over-commit themselves and get stuck. There is still optimism here though, as seen in counters like MRCB.

Hubline is on my KiV list - although I look at things like PE ratio, dividend yield etc. when deciding to buy something, I also believe in diversifying with x% of the capital in penny stocks. As we all know, they will give the biggest bang for the buck when we get in at the right time (price is secondary - if something is on an upswing, it doesn't really matter what the current price is).

After reading the comments by ingwong and Namoyaki, I believe it is worth a risk. Will see whether it's possible to get it at 0.065 (which would be great)... and then wait. As with Namoyaki's strategy, I'm going for just half a sen profit.

Yup. Najib had better be quick in taking advantage of the current feel-good factor. Things might change for the worse if he delays the next GE. This is as best that it can get for the BN.

@kl foong: That's true. But there *are* changes to its ingredients. For one thing, its business under the new management is betting better. It now has new contracts that will bring in the money. It also registered a positive last quarter, which is projected to continue. Next month it will apply for the PN17 status to be lifted.

Yes, I feel it is a bit high too. Macam takde margin untuk kita profit kalau buy sekarang. After all, have to also consider the current price of palm oil especially which has come down from its high. Just going to watch; macam dok tengok bolasepak. Kalau harga turun, we `invade the pitch':-)

I don't have any units but I hope it will start and end with a bang. After all, this is the world's second biggest IPO this year after Facebook. The world is watching...

You are right - dah keluar nama baru kat screen "TH Heavy". Kalau jadi heavyweight, great. Jangan jadi heavy and sink sudah la:-)

Betul ke Thursday name change? I thought it would be after they do the rights issue plus get out of PN17?

But whatever, I hope you are right. The last one week or so has been quite encouraging. Will be really thrilled if it starts flying soon.

Bye-Bye, Digi:-( Getting further and further away from me. Feel like crying.

cendana287@gmail.com

I'm getting exasperated with Digi's stubbornness. Had expected it to go down due to the general market, plus Europe, US and other Asian markets. But it refuses to go down! KC Loh is most likely right - that selling pressure where it fell to 4.00 was a one-off event due to some fund managers unloading. What a missed opportunity!

Don't have the guts to buy at its current price. I'm also rather `kedekut' when it comes to this HAHA! But I'm not giving up - there might be some desperate or fearful fund manager out there who just might unload huge volumes. This time, if it's somewhere below 4.10, I'm in.

Ah, this is among the things that I refrain from doing - specifically recommending *what* to buy or/and *when*. I'll never dare to do that when it involves someone else's shares and money:-) You will have to use your own evaluation for that. But what I can say is this - the market is negative today (influenced by Europe and US), so you might not want to do it now. Maybe it's better to wait for the next upswing - this way, you will be selling into strength not weakness. Just my opinion.

Nothing is impossible with the stock market, of course. But I don't see it going below 1.60 in the present situation...unless if something catastrophic were to happen. In Europe, US and China especially. Or investors might get cold feet when the General Elections are very near. If things remain as they are, 1.68 would be a strong support.

By the way, since you are into warrants, do keep an eye on their expiry dates and terms. I have heard of people who actually aren't aware of this and who thought warrants "are like ordinary shares but cheaper"! Inevitably, they lost most of their money if not all when the dates drew nearer.

@ingwong - Thanks for this very nice comment. I'm very glad that you have gotten over the previous losses. More importantly, in learning from the mistakes - I was being honest with my previous comment in that you *will* become a better investor/trader in the future. That's because you acknowledge your mistakes, adopt an open mind plus are preparing for your future foray. It's actually hard for many people to do the first especially, in acknowledging one's mistakes. Failure to do so would only lead to more trouble in the future.

There is no real `expert' in this, and that includes myself too, of course. But we can always *try* to learn and be better. I'm happy to note that June has been a good month for me so far so I'm sticking to my basic system. For instance, MRCB and YTL Power - both went down after I bought them 2 months ago. But since I *know* they are good companies, and the prices were lower than their one-year high, I was confident they would recover. So I settled... and waited. True enough, they did and I made profits. Not that much but profits nevertheless. Anything that is higher than fixed deposit and trust funds on an annualised basis is considered as successful.

Anyway, good luck on your house buying. Yes, it is always good to diversify and property often brings in positive returns over time. Provided one doesn't buy at the top end of a housing bubble, of course. If it's in the Klang Valley of KL/PJ, and especially landed property, a buyer will most likely do fine.

Have to go to sleep now - tomorrow is another day at the war zone. The European markets suffered a fall and so is the US right now. BSKL might be affected. But that would also be an opportunity to buy the good counters. Don't worry about missing the action. You are right in that sense - there will *always* be opportunities in the future. The better thing to do is to be prepared first, as what you are doing now. Good luck!

Sure looks like it. Europe saw rather steep falls in the various markets and the US isn't doing well either (although sometimes it might surprise with an about turn after lunch).

BSKL has been doing well - it was strong in the morning before being influenced by the other Asian markets. I agree with KL Vin - there would be buying opportunities should our market go down.

Liat betul Digi nak turun. I don't have the opportunity to come in. Menyesal tak beli masa 4.01 dulu:-(

Okay, compromise la - 4.05 masuk.

@chong - Add me too, please. cendana287@gmail.com

The par value is 25 sen, not 50 sen as I had mentioned previously. Now it makes sense, the proposed rights issue of 0.40 - a rights issue must be priced at least the same as the par value, not less.

But doesn't matter - based on the news and facts, especially its last quarter report and the new contracts obtained, I'm of the same opinion as @ramlighani. I believe Ramunia has become a better company than it previously was. The rights issue will result in it having enough capital to take it to a higher level.

Having a contrarian strategy with solid companies like Digi, Mudajaya etc will definitely pay off in the medium term, at the longest. Often, there's a `mini panic' where the stock market would slide and even the solid companies would suffer too. That's where we should come in and buy at bargain prices. Wouldn't have to wait long to make a profit.

Looks like I might still have a chance to hop on board after all. Now, if only it would go nearer to my buying price... a bit below 4.00. Current Digi investors jangan marah ye Heheh!

It *has* to sell due to its debts. Although Perdana will lose a profit-making company, at the same time its debt ratio will improve. Better sell when you are still in a strong position to bargain rather than during a more desperate time when Petra Energy might be sold at fire sale price.

TH Heavy Engineering and TH Energy - I would prefer the second name. The first is a bit long. Will it be listed in the trading screen and newspapers as "THHE"? Having an acronym like this would result in vagueness. Like MEGB how many would immediately know that this is Masterskill? TH Energy sounds and looks a lot nicer. And what's wrong with plain old Ramunia for that matter?

But anyway, things look better now. It is on the road to recovery and the rights issue should give it enough capital to really participate in the oil & gas industry. I believe the price will appreciate to above its par of 50 sen soon.

ramlighani - You are right!!:-)

diablo88: Okay, I get the hint, thanks. Been keeping this in my "KiV" file due to a few analysts' report. Going to take profits from a couple of counters that are already in the plus and enter while this is still on the ground floor. At the very least, I think the downside risk is small - the "Reward-Risk" ration is more than 3:1.

Another good day for YTLP. As usual, nothing spectacular... slow, steady and solid. No need for excitement like JCY; just keep plodding quietly and add a sen or two a day.

Good! MRCB recovered from yesterday's profit-taking AND added two sen. This strengthens the upward movement. Unlike previously where it would immediately go down and erase whatever small gains it had made, MRCB now has a backbone where investors are more confident. This counter looks promising.

4D, Toto, Big Sweep etc - better don't, even on a small scale. The amount might be small but doing so will eat into you. It makes one a dreamer; fantasizing this and that. As a result, the `usaha' energy will dissipate. "Why susah-susah, sakit kepala when the ticket *might* bring in thousands?" Life will about *hoping* and not striving. With the share market, the energy and desire to achieve things are there... where and how to increase capital, what counters to buy, why etc. With 4D, one won't do anything except to buy tickets and merely hope.

@gwyjade: How could I have missed that!? Thanks for the info. So, that explains the sudden upswing from last Friday - insiders were already buying before the announcement.

It's good that the counter has recovered after yesterday's correction with profit-taking out of the way. I believe we should see it moving towards 1.90 in the next few trading sessions.

Its par value is 50 sen, right? And it has started to make profits, with new contracts and will apply for the PN17 status to be lifted. Based on these, Ramunia should go up in the near future. But this matter about a rights issue - does anyone have more information about it, please?

dknycom: That's my strategy too, for the same reasons. Markets are volatile nowadays where sentiment can change just like that. That's a good thing for traders (but not for long term investors) where the market creates many opportunities to buy at lower prices and then cash out when there's a small profit.

I only buy when I have enough funds to settle the contracts. This way, I have the luxury of waiting for the price to go up. However, if a counter goes up within the contra period, I will sell... even for profits of just 5% or so. It's better to make small profits (percentage-wise) and have the capital ready for the next opportunities than to sit around not being able to buy because my money is stuck in some counter.

But I don't follow this strategy all the time though. With companies that I really like, am very confident with plus have dividends (Mudajaya for instance), I'd wait and not cash in... yet.

Dah terlepas, bro. Masa 4.01 pun dah tak berani nak beli, sekarang lagi la tak berani. Ada kemungkinan nanti akan menyesal bila naik 4.50 Heheh! Tak apalah, kira tak ada rezeki. Kena tengok kaunter lain buat masa ni.

Good, good... just go up slow and steady, one or two sen a day is good enough. Nothing spectacular.

@amsharazzi - I went back to visit my parents in Alor Star last weekend. My father has some lots in YTL too, so I'm hoping it continues to go up:-) Now he is one of those few Malays who were already in the stock market since the mid-1970's and had seen it all.

MRCB goes down a bit today. This is actually good - some correction is needed due to the rise over the past two sessions especially. If it has a strong base in the mid 1.70's, MRCB should get strongly past 1.80 in the very near future. After all, its `normal' price was around 2.00. That's where it should be since its business is essentially the same.

The only overhang is that MRCB is one of those with `political risks' since it is perceived to be an Umno-connected company and might suffer should things not go the BN's way in the next GE.

Don't just look at the confectionary business but also the *corporate activities* plus *possibilities*. Now, this is a company that's way below its par value of 50 sen. True, it has a lot of debts plus previous poor management. However, this is a company with strong majority shareholders - Tabung Haji and Berjaya. If nothing else, they aren't going to suffer the embarrassment of seeing it go down the drain. There is already the possibility of TH and Felda taking over. And Massimo is eyeing the Silverbird facilities. In my opinion, at this price, it's worth the risk. Just getting to 18 sen will bring in $$$

13.5 sen appears to be a very strong support. Now it's moving up again. Investors are eagerly waiting for news of its restructuring plan. The management had said this is the priority. Only after that might it even consider some other white knight party from taking over. Whoever that might be, Silverbird wouldn't be sold off at fire sale prices.

yazid: Yang dknycom maksudkan ialah MRCB telah naik terlalu cepat, terlalu banyak dalam jangkamasa yang teramat singkat. Dari segi peratus, kenaikan agak tinggi. Jadi, berkemungkinan akan ada technical correction... kecuali jika ada sindiket besar yang dok push harga.

Apa-apa pun, kita kena hati-hati. Harap-harap bila correction, tak lah banyak sangat harga turn. MRCB akan naik lebih 2.00 tapi saya rasa tak lah dengan satu kali lonjak atau upswing saja. Harap-harap ada support base kukuh pada 1.80; bila ada akan boleh target 2.00.

GREAT day for MRCB! Did very well over two trading sessions. But I wouldn't be too surprised should there be some correction tomorrow. If it can defend most of the gains, that should set the stage for it to move towards 2.00.

MRCB is doing very well today. I had thought there would be profit-taking today. There was, but the strong support pushed the price further up. By the way, I was at KL Sentral to pick up my son who just arrived from Pasir Mas... was happy to note that this and the surrounding buildings are MRCB's projects, and I have a stake in these too:-) Hope it goes up to 2.00 soon.

This is disappointing - Digi didn't fall below 4.00. I need to have some margin before buying. The PE will go lower after the projected increase in profits this year. What's really attractive are the dividends, and this being a telco, of course.

Sorry, that should be 3.90's... although 2.90 would be a lot better, of course:-) Affin's TP is 4.75, which is definitely achievable. This is the kind of defensive counter that fund managers, including foreign, would buy. For us small fry, getting it at the `right' price and time will be crucial.

What's happening to it? TM also dropped today. Some institution is offloading it with the price slipping in the last hour or so of trading.

Affin recommends it as a "Buy" due to the dividends and projected future earnings. If it goes to the lower 2.90's, I'm going to be tempted to buy. But if some big boy is selling (for whatever reason), it's best to stay away until he's done.

amsharazzi - Good luck. For all you know, it will not just get to that price but go further up. That matter about the new dividend policy is extremely significant. YTL (and YTLP) are big capitalisation companies and this fact attracts foreign fund managers. In these uncertain times, they will likely place their money in YTL due to the dividend.

I'm the cautious type, which is good AND bad. Bad because I tend to `miss buses'... always afraid to jump in when something has gone up to a certain price, believing there's `going to be a correction very soon'. Sometimes it goes up and up. Had missed the bus with Takaful, Bank Islam, Bumi Armada (when it was at 3.80... and then going to 4.50) etc. due to this. In all probability I might miss the YTL bus too. But I have to stick to my own system and strategy.

Are there any positive news about it today? Was anything mentioned about the EDL project or Sg. Buloh land? There's a possibility something is going to be announced next week and we are seeing some insider trading - of friends and relatives buying ahead and attracting others' attention.

For the first time in WEEKS, it finished strongly. Previously, it might go up a few sen... and then come down immediately when many already take profits. Are we seeing a MRCB with new backbone? If so, it's going to be a great company to trade. At its closing price, the counter can still be regarded as `cheap' (compared to its usual price of 2.00 or so).

But we must be cautious. Greece might vote in the pro-bailout parties but its financial problems aren't over. Neither are Spain's etc. Try and take advantage of the positive sentiments but be ready to take profits and run at the sign of danger.

theews82 - I also think it's due to reports that the pro-bailout party look likely to win. But we must also remember that its financial problems are far from over. As are Spain's etc. The problems are still there. Must be cautious and avoid from being trapped with too many positions. If there are profits from the various counters, I'm going to take them. The sentiments might change just like that.

amshatazzi: With YTL itself, personally I feel like having missed the bus already and am not keen to chase. It was a good buy at below 1.80 but now... I don't know.

Steady, steady... Looks like YTLP is clawing its way up again. Is this an indication the `leceh' days of sub-1.60 are over?

Jolly Mypet: That's a valid point to consider. The *name* - it's fortunate to carry this aura and perception. Plus being listed on a good day for the market. I feel it's a bit on the high side right now. If we buy at this price, will there still be any profit margin left for us. Have to consider the Risk-Reward ratio - it doesn't look attractive.

It appears to be moving today. Good volume.

What a coincidence: the countries that have won the last two Euros are in financial trouble. Plus having held the Olympic games. Ah, so that was how they could have held it - through debt. Now they are paying for the extravagance.