'comes from deception', it look like Mr Bull are those gangs who do not believe in Technical Anaylsis in the long run ......

Market is very dynamic. Time the market as entry point is very difficult job. When Astro drop to RM2.60, all the ppl said it will drop further. Out of sudden, it rebound to today RM2.98.

Though RM2.70 is attractive, problem is investors nowaday only taking short term view on this stock.

Anyway, AA is grossly oversold and may one day rebound like Astro.

Should consider Astro short term stretegy be 'Buy on rumour, sell on fact'.

From 2008 to now, it is the down cycle for shipping company. For Hubline to have meaningful rebound, it need container and drybulk shipping rate to move up. Analyst believe overcapacity in shipping industries will continue persist in 2013. Hopelly, will see improvement in 2014 onward.

Mr Bull score big in the afternoon session by changing the topic from Malindo to business finance 101. What a brillant move.

Tune Air has been buying AA share for 2 months. However, shareholding only increased 3% from 22% to 25%. The buying of AA can be sustained for sometimes as Tune Air was holding AA 45% after IPO in 2004. The 45% was gradually reduced to 22% after several private placement. Anyway, price is determined by market force. If Tune Air don't buy, other investors will be buying. The effect of Tune Air buying is just smoothing the price movement.

Padini reported last quarter result yesterday, which are below expectation. Padini may consolidate further, in view of Padini have run up substantially since beginning this year.

KSL is a mid cap stock. KSL have been paying dividend all the while except for last financial year due to conserve cash for future projects.

KSL were the largest property developer in Johor Bahru. Now KSL are benefiting from development of Iskandar Malaysia as they hold large land bank in JB. KSL announced 3Q12 result yesterday, showing result improved across the board.

KSL deserve a look as the stock appear undervalued, in term of PE and Net Asset (revalued). However, this stock is very illiquid. In addition, JB property market may face oversupply in the coming years since they are so many developer venture into JB. However, KSL is expect continuing do well as they have lower cost and huge land bank.

Market downturn, ‘goreng-goreng’ also no use, cannot last long, not enough punters to support the price. Fundamentalists are not buying, PE not cheap.

Public portion IPO category oversubscribed 136 time is a distortion of market confidence. Proceed raised from public portion is only RM1 million ringgit. (5 mil share @ RM0.20).

They are just recycle the waste oil ... not recycle gold bar ......

Look like Malaysia Civil Aviation has a high standard nowaday. A bit worry of Malindo Air. Can Malindo Air met all the Malaysia Aviation Standard by March 2013 for launching its maiden flight by then? Only time will tell.

To get a clearer picture of AA 9 mth profit, other than minus one time gain from Thai listing, we should adjust for other material non-operating items like gain/loss from term loan ,deferred tax etc.

Don't pressure Mr Bull.... now he is working very hard to study all the investment reports for the preparation of 52 posts... Should give him more time to study, otherwise, his posts are just repeating and repeating the old ideas/news .....

Hektar announced improved 3Q12 result yesterday. At current price RM1.44, gross yield ~7%. This yield is highest among retails reits. ,In comparison, CMMT, Pavilion, SunReit and IGB reit gross yield ranged from ~ 4.5% to 5.0%.

One favourate question: when Hektar will fly like CMMT, Pavilion (or so call yield compression)? To answer this question, we need to look at Hektar 9 mth revenue (grow 5.0%) while rental revision rate grow at 8%. As both rates are still below than those peers, Hektar therefore cannot fly like those peers. In addition, Hektar is smaller and not as liquid as those peers.

Notwithstanding the above, it appears that Hektar’s outlook now is better, it may able to swim faster instead of flying.

I am not the shareholders of icap and below are just my observations based on the inputs from the forum.

icap are holding 33% cash at year end @ 31 May 2012. As a fund, the cash reserve 33% look like on the high side. Unless there is recession in South East Asia to give opportunity to icap to utilise the cash to buy stocks during severe market downturn, I really have some doubts over icap can sustain growth rate of 18% in median to long terms.

The early period of strong performance of NAV may partly explain its share prices were traded over a premium over NAV by then.

Icap good performance is based on stock picks. To judge the timing of market cycle as best re-entry point for its cash reserves, I think icap remain unproven. As such, cash reserves keep building up ......

I think Fed Bernanke's extra loose monetary policy is the right short term solution for the US weak economy. Otherwise, US will be like today Europe in recession.

For QE3, I think, to certain extend, it may work this time as external environment has changed drastically. In the previous QE, it only props up the commodity prices and inflation as Europe ,China and India were growing. Now, they either in recession or slow down. Therefore, QE3 has a better chance to succeed.

EPF announced on Monday that it bought 3,000,000 Airasia Share on 7/11/12. As share price drop, demand will increase. Therefore, EPF switch its position from seller to buyer is no surprise.

On the issue of …... Despite of continuous EPF buying telco stocks ,still were unable to defend price stability, resulting in the plunge of share prices more than 10% in 2 weeks in those counters. This has proved that share prices are determined by market forces of supply and demand. Therefore, the usual myth ‘no worry, price won’t drop, EPF will support’ is wrong.

On the question that Lion Air chose Msia as a new base… According to media report, lion Air all the while has the intention to set up a base in Msia. This is because when Indonesian travel overseas, they have 3 choices. First they fly to either KL, S’pore or Jakarta, then transit to other destinations. Media also reported this JV deal is a fast track deal in response to acquisition of Batavia Air by Airasia. If Batavia deal go through, Lion Air super-dominant position will be threatened ,bear also in mind Lion have so many aircraft orders which may result overcapacity in Indo market. …. Luckly…. This Batavia deal called off subsequently, otherwise, Airasia might have to cut dividend in view the deal is cash drained.

Lion Air local JV partner is NADI. A lot of analysts question NADI financial strength. Todate, Malindo Air’s strategy remains mystery. So far it only made known that it will start operation by March 2013 to East Malaysia.

On the issue of …. Airasia Insiders keep buying at current price. Those insiders believe current price is attractive, however, based on Long Term view. Long term means Airasia will eventually defeat Malindo’s grand ambitious plan and most of its JV (eg Thailand, Indo, Japan etc) will bear fruit. Currently, EPF and other short term investors are selling Airasia share to price in the potential Malindo negative impact on Airasia profit. At the movement, majority of Airasia profit are derived from Msia operation.

Finally touching on the pricing…, is current price attractive to buy? So it depend which view you taken. Do you share the same view of Insiders which is on the long term? Is current share price has fully priced in Malindo negative impact? Or the negative impact is grossly exaggerated, share price is due for rebound? In short, it appears that based on current environment, taking the short term view would have to consider more factors than long term view.

One more interest point,…..on the phrase ‘it's only when the tide goes out that you learn who's been swimming naked’. This wait and see attitude would not work! Why? In share market, we are talking about foreseeability or prediction of the future. So if you are able to foresee correctly who is swimming nake before the tide goes out, you are the winner. … if you wait for the tide out, price has moved by then, too late already…… . Hehehehehe….. Mr Bull & Mr Bear, good foresight is key to success…

Hisbicus can fly, though no business at time of ipo, is due to the timing is right at the time of ipo(oil & gas boom). Other factors like management expertise, good company plan etc do take into accounts.

As for Astro, investors lose money. No choice, they have to blame book builder investment bank. Why? Because they are PAID and suppose to do a good book building exercise.

Based on price RM1.20, PE should be 10x to 11x based on 2013 EPS - Affin Investment. Source:The Edge Msia 12 Nov, 2012 edition.page63.

Astro poor performance, FGV drop to RM4.60, CPO price drop to RM2,300.... It look like Malaysia IPO Boom and safe haven status has started losing momenterm..

Fernandas buy Airasia share at current price are taking long term view.

At current price RM2.95 is attractive if you are long term investors. As for very short term investor, hard to say whether attractive as Malindo Air entry have created great uncertainty and profit of Airasia Malaysia operation will be under pressure. Remember, bulk of Airsia operation are derived from Msia operation at the movement.