hmmm, after deduct tax 25%, DY rate is about 8.3%.... this is really attractive...

not dare to enter now, too high, can be a trap....those entered lower might dispose before ex-date...

no surprise..

ya, hope daya will be in line with the bullish trend then....

speculators / investors moved away from daya.... not sure when they will come back....

thanks to our government policy for the export tax...

due to legoland expansion plan, water themepark etc... ?

high buy rate today, >80%... but quite low volume, usually >10mil.... half day for today is only 1.5mil....
if high volume later with high buy rate.... it could signal something positive is coming ?

Especially this high end developer..

Accept the fact that property sector is slowing down recently due to uncertainties in coming budget 14..

this stock keeps dropping from early of June, 3.60 to current 2.40 level... goreng counter, people not willing to hold it for long term....

those who entered this stock in early of 2011 when priced at close to RM 4 will be quite a waste of time because since then, price fluctuated in between 2.4 to 2.8..

mudajaya is the top company in construction sector for the edge billion ringgit club announced recently....

y so many funds / speculators like to goreng this stock....today after 2.30pm...shoot up....

but i wonder how they earned money from... i know they`re providing online service for roadtax, etc..are they earn some money from the roadtax that we paid ?

steady quater revenue / profit.. a growing company....

for sure its result will be a positive one..

who knows it will perform today...

20 points can be so drastic.... most of the good counters dropped 3% or more....

short selling accounted for low percentage, which is insignificant..

local funds need to back up for our depreciated currency... otherwise when crisis really hits, we will be in big trouble.

our ringgit depreciation could be a turning point, this will boost tourism, encouraging higher export..

it could be positive....

but no one is sure about the outcome of the Feds meeting in mid-sept.

no one knows whether 4th blood is coming...today is 3rd blood..

ya, myeg is going back to its value before GE13....around RM 0.8...

will it drop further....currently at 2.86

going to release quarter report soon, probably in next week..

US withdraw money from asia market to strengthen their improved economy ?

3rd blood will come ?

KLCI is bleeding....same goes to this stock.....

quiet volume

Which stocks will be the interest for UMNO`s Polls in Oct ? e.g, Iris, TDM, etc ?

But not sure when it will on par with its value.

positive news.

http://www.theedgemalaysia.com/business-news/248710-mudajaya-set-to-emerge-main-winner-for-power-plant-construction-says-cimb-research.html

KLCI dropped 15 points, so as TDM price down 2%

eps 1.41

same as here.

i still believe in the demand for palm oil as rising demand from especially China / India and it`s the cheapest available vegetable oil. Current situation is the usual cyclical one.

May need to hold this stock for months for any improvement in CPO

i guess many thought that this stock will be another post-election phenomena (Spike) stocks as in May.

and,
http://www.thestar.com.my/Business/Business-News/2013/07/24/Short-selling-on-Bursa-Malaysia-hits-record-in-June.aspx

more info :
http://www.skrine.com/regulated-short-selling

What is Short Selling?

Short selling is a technique used by investors to profit from the falling price of an overpriced market or security.



In 1992, George Soros “broke the Bank of England”. He risked US$10 billion that the British Pound would fall and was proven right. The next day he made US$1 billion from his trade. His profit eventually reached almost US$2 billion.



If an investor thinks that Stock X is overvalued at RM25 and is going to fall in price, he may sell it for RM25 even though he does not own any units of Stock X. If the price of Stock X falls to RM20, the investor will purchase the stock from the market to settle his trade and thereby make a profit of RM5 per share.



On the other hand, if the price of Stock X goes up to RM30, the investor will incur a loss of RM5 per share to buy Stock X to settle his trade obligation.

buying seems to be back.

not sure to cut loss now or take it for long term.

well, maybe i shall take this as a lesson, i entered at 0.91, price seems to be dropping with no obvious rebound sign or chance.

volume is low this morning.

technically, price is going to lower bollinger band, MACD is crossing, bearish may take place and price may keep dropping, perhaps to support level.