Hello there.

I am a newbie. Could anyone explain the effect of 1:3 bonus share? Let say you have 500 unit share bought at RM2.730. Does the bonus share affect the price because I notice the price suddenly dropped to 2.190 yesterday.

Tq in advance.

Did the disposal of machine have an impact on their QR report?

Got it! Thanks mate.

Dear Depika, could you please explain how to determine T+4.

Thanks

KUALA LUMPUR (Nov 18): Seven stocks could be deemed non-Syariah compliant when the Securities Commission (SC) releases its next semi-annual list of Syariah compliant securities on Nov 28, according to Maybank IB Research.

In a strategy report Tuesday, the research house said the stocks were IOI Corporation Bhd, SapuraKencana Petroleum Bhd (SAKP), Shell Refining Company (Federation of Malaya) Bhd, Perdana Petroleum Bhd (Perdana), IFCA MSC Bhd, Chemical Company of Malaysia Bhd (CCM) and CLIQ Energy Bhd.

“From the present list of 666 Shariah compliant stocks, we focused only on those with a market cap of more than RM300 million (247 stocks) which we felt was a reasonable cut-off point, and filtered the list further based on the cash/asset and debt/asset financial ratios of the individual PLCs, it said.

Maybank IB said it remained wary of potential knee-jerk price weaknesses should these stocks be excluded, given that the Syariah funds would have to liquidate their positions if they are sitting on gains from these investments.

Meanwhile, it said five stocks could be designated as Syariah compliant in the upcoming review, namely, Amway (Malaysia) Holdings Bhd, Padini Holdings Bhd, Pantech Group Holdings Bhd, Esthetics International Group Bhd and SKP Resources Bhd.

Maybank IB Research said of the 12 stocks identified, four were in its coverage, namely IOI Corp, SAKP, Perdana and Padini.

“We have a Sell call on IOI Corp and Buys on SAKP, Perdana and Padini.

At 12.30pm today, IOI Corp fell 10 sen to RM4.60, SAKP lost 3 sen to RM3.05, Perdana was flat at RM1.33 and Padini added 2 sen to RM1.74.

http://www.theedgemarkets.com/my/article/ioi-corp-sapurakencana-among-7-could-fall-syariah-list-says-maybank-ib#.VGr85iXIYPs.facebook

haha..someone already deleted the last comment.

If I refer to Multicolour Dragon from homilychart, it seems that retailers are trying to fry this counter not funds.

Please correct me if I am wrong. =)

Who is frying this counter? Suddenly increase while other stocks in red.

Time to collect more

if break support 0.34, then it will probably going down until 0.32..i will collect more if it's going down..

temporary up? Next TP 0.37?

Come on guys. Hold is gold ! ;)

0.3 is a bit ambitious. Seems quite impossible right now. But who knows? =) Need to break resistance 0.37. But it's not a strong resistance though. Once break 0.37, then, it's gonna face another roadblock at 0.4.

I have the same opinion with screwdriver..IMHO, this counter is quite good in FA. Wait till next financial quarter report..Buy low n sell high.

Profit taking activity is ongoing

Hold is gold. :)