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2016-06-07 18:53 | Report Abuse
foreign funds today become net-buyers. Hope more to come...
2016-06-06 17:40 | Report Abuse
hopefully it will maintain its uptrend and not just one day show...
2016-06-06 17:18 | Report Abuse
Pristine68, I am not sure if we can reach your target of 1670-1680 by next few days or not, but no matter what, please do not say good bye. We can always paper trade here or share our trade ideas. Not necessary have to be in the trade. I am sure sometimes we are bullish on a stock but we may not actually buy it.
2016-06-02 17:31 | Report Abuse
bursastockdummy, I predict the number should be quite in line with expectation, but we have to be careful if it comes up a lot better or a lot worse
2016-06-02 16:32 | Report Abuse
bursastockdummy, we will be busy tonight for news:
- OPEC Meeting
- Europe Interest Rate Decision (Jun)
- ADP Nonfarm Employment Change (May)
- US Crude Oil Inventories
tomorrow morning:
- China Caixin Services PMI (May)
I do not keep anything today
2016-06-02 15:38 | Report Abuse
bursastockdummy, if rchi is right, the KLCI will be in uptrend this month because of window dressing. I would recommend FBMKLCI-C46 because its exercise price 1,640 is closer to the current future index. Also Exercise Ratio is at the lowest 300. Have to hold for weeks.
but HSI index warrant is better especially if you want action everyday
2016-05-31 11:43 | Report Abuse
I have not finished typing about Emetall, it got sapu...
2016-05-27 09:49 | Report Abuse
Aw Wee Kai,
You raise a good question. We need to find out what is the historical percentage of the racking and machinery business in terms of revenue. Need to check the previous quarterly reports
2016-05-25 10:33 | Report Abuse
Yen Leng, I do not think I am able to predict. I look at the earning reports and find those that are undervalued
2016-05-25 10:18 | Report Abuse
every quarter we have companies that report exceptional earnings. 2 quarters ago it was Comcorp. Last quarter we had Tawin. This quarter we have Emetall.
2016-05-25 10:07 | Report Abuse
bursastockdummy, you look at HSI right now -- up more than 2%. That is why HSI index warrants are the most popular warrants. And you can compare the volume. Most of the traders are in HSI index warrants.
2016-05-25 09:28 | Report Abuse
bursastockdummy, you concentrate on HSI index warrant is good enough, no reason to look at KLCI index warrant
2016-05-24 11:52 | Report Abuse
Pristine68,
FBMKLCI-C38 1,690.00 500 30 Jun 16
FBMKLCI-C46 1,640.00 300 29 Jul 16
If we compare the 2 index warrants based on the following criteria -- exercise price, exercise ratio, expiry date, effective gearing:
exercise price --> advantage FBMKLCI-C46
exercise ratio --> advantage FBMKLCI-C46
expiry date --> advantage FBMKLCI-C38
effective gearing --> advantage FBMKLCI-C38
I do not look at Effective Gearing nowadays because it shows a distorted number when the index warrant is way out of money. The E.G of FBMKLCI-C28 is at the highest -- over 50, but it is unlikely that we are going to enjoy it (lower probability).
in practice,
1) the index warrant with the lowest exercise ratio will move faster
2) the index warrant with the closest exercise price to the current index future will move faster
3) the index warrant with the nearer to expiry date will move faster
Anyway I do agree FBMKLCI-C38 is cheap enough that it deserves consideration but I will not recommend it for day trading.
2016-05-24 10:06 | Report Abuse
Pristine68 & bursastockdummy,
for intra-day trades, you can not find any index warrant better than HSI. The intra-day high and low of HSI is large enough for traders.
KLCI does not move much in a day, so KLCI index warrant is more suitable when there is a trending market -- either uptrend and downtrend, and it is profitable for keeping days or weeks. It is not suitable for sideway market.
if you must trade KLCI index warrant, you have to choose one that is responsive. Its exercise price must be close to the current index future.
According to the following page:
https://www.malaysiawarrants.com.my/mqmy/tools?sp=lmatrix
FBMKLCI-C46 will up 0.5 sen for every change 3-3.5 points change in index future
FBMKLCI-C38 will up 0.5 sen for every change 9.5 points change in index future
no wonder your FBMKLCI-C38 trade did not go well...
2016-05-13 09:21 | Report Abuse
is the sell off related to 1MDB again? KLCI is the worst performing market today
2016-05-13 09:15 | Report Abuse
does anyone know any news that triggers today's sell off? did not expect KLCI to drop that much
2016-05-11 17:09 | Report Abuse
UAE's IPIC says paid interest after 1MDB default
http://www.theedgemarkets.com/en/article/uaes-ipic-says-paid-interest-after-1mdb-default
2016-05-11 15:35 | Report Abuse
if it is just a business issue, then why key witnesses do not dare to come back to Malaysia to testify? why so many authorities overseas are investigating possible money laundering violation? why foreigners related to the case being charged or dismissed of work? And when can show us the so-call "units"? why only talk and never show us any concrete proof?
2016-05-11 09:55 | Report Abuse
bursastockdummy, you have to evaluate each situation to see if the odd is with you or against you. It is okay to sell first and ask question later. You can always buy back. If 1MDB defaults again, index-linked stocks will be the ones that will get affected the most, and thus your index-based warrant. I will only buy after the news is out.
2016-05-11 09:23 | Report Abuse
today May 11th is the due date for 1MDB bond's interest payment. Since they already defaulted once, maybe would default again today.
2016-05-11 07:59 | Report Abuse
today May 11th is the due date for 1MDB bond's interest payment
2016-05-09 09:26 | Report Abuse
Good news:
US unlikely to hike rate in June
Oil price stable
oversold overseas markets likely to rebound
Bad news:
1MDB bond payment due May 11th (foreign fund has been net seller)
US growth slows
weak China data
Ringgit weakens
2016-05-06 11:02 | Report Abuse
wslywei & flyingkite,
Better sell first and ask question later. You can always buy them back . Maybe not using the term "CUT LOSE" will help you (it sounds too negative). Instead, convince yourself to use the term "Sell High, Buy Low" (sounds more positive).
Selling like this should become a second nature.
2016-05-05 15:50 | Report Abuse
I thought HIAPTEK could not get higher. I might be wrong...
2016-05-04 07:24 | Report Abuse
The biggest US economic release this week is monthly payrolls, due on Friday.
2016-05-03 15:01 | Report Abuse
SS1967, when I write this HSI is at 20,837.49 but HSI future is at 20,697. Please note HSI index warrant is referring to HSI future
2016-05-03 12:42 | Report Abuse
flyingkite, we need to read the latest news
www.investing.com
2016-05-03 12:19 | Report Abuse
Caixin PMI comes in weaker than expected in April at 49.4 (forecast 49.9)
http://www.investing.com/news/economic-indicators/caixin-pmi-comes-in-weaker-than-expected-in-april-at-49.4-399419
2016-05-03 12:11 | Report Abuse
duitKWSPkita, I have no doubt that some of you have very good intention to help others, which I like about this forum.
But for some reasons (maybe communication skills, lack of confident, or afraid of mistakes, or not wanting to disclose too much advance knowledge etc), you are not trying hard enough to convince people to listen to you.
2016-05-03 10:12 | Report Abuse
"No matter how high the technical rebound target, right after May 17' 2016 you will see lower low for at least 1 month..............."
duitKWSPkita, that's a scary conclusion. May we know what's the reasons for that?
2016-04-28 11:58 | Report Abuse
Just came back to office and I must have missed something.
Does anyone know why KLCI is week the whoile day? And what happened to HSI at around 11am? I do notice Nikkei is down 3% right now
2016-04-28 05:51 | Report Abuse
Fed Statement Tracker
http://projects.wsj.com/fed-statement-tracker/
2016-04-27 15:21 | Report Abuse
The Underlying Price at Macquarie web site = 21,253.00
HSI currently around 21,362
21,349 HSI Future (April)
21,260 HSI Future (May)
20,980 HSI Future (June)
Looks like the Underlying Price refers to HSI Future (May)
2016-04-26 15:40 | Report Abuse
Pristine68, I also think the drop of 20 points are overdone. Anyway, I am not complaining. Am able to buy some stock at cheaper price. Hopefully this is just temporary.
2016-04-26 14:28 | Report Abuse
the last time FOMC meeting March 15th KLCI closed at -0.6%
2016-04-26 11:06 | Report Abuse
C19 is currently out of stock. Macquarie is buying C19 at RM0.155 or RM0.16 currently around 21150-21160. Currently the Bid Price and Ask Price are RM0.18, RM185 respectively. Wish they would come down...
2016-04-26 10:14 | Report Abuse
duitKWSPkita, do you mind to share with us PTGTIN and ECOFIRS-WC?
what do you like about them that you take a position on these 2 counters?
Anyway, congratulations!
2016-04-26 09:53 | Report Abuse
1MDB says it has defaulted on US$50m interest for US$1.75b Langat bonds
2016-04-26 01:56 | Report Abuse
necromancer, there is an example here provided by Macquarie
https://www.malaysiawarrants.com.my/mqmy/indexdw
HSI future on the last trading day 28/04/16 is used to calculate the final settlement.
If I remember correctly, you will receive a check sent by Macquarie. Usually we do not keep warrants until expiry.
2016-04-25 16:52 | Report Abuse
note that there are still people queuing to sell HU and C17. They should have sold them earlier, the latest before the market maker done for the day at 4.13pm
2016-04-25 10:23 | Report Abuse
AAX and especially Airasia look bad. I expect the downward tend would continue so would sell first and buy them back later.
Stock: [EMETALL]: EONMETALL GROUP BHD
2016-06-08 11:48 | Report Abuse
expected some profit taking, but it was too mild. Hope to get some more...