Gold price is on the way up - and today rose to USD1,242 per oz. Gold will continue to rise on the back of lower USD going forward. So it is very timely that Born Oil shares will have to move up. We are just waiting for the ex bonus date where the ex price goes down to 12 or 12.5 sen. Then it starts to move up fast. Warrant is so cheap at 7 sen. Th next quarter result will be good as the value of its gold inventory will lift up to provide higher earnings. Also the Annual Report will have to be issued out soon and we know there is going to be plenty of good story lines. This is one counter that is going to making many people rich. Just imagine if gold price goes above USD1,300 per oz. Very exciting counter. It is one and only one company that plans to distribute a significant amount of its reserves (revenue + Capital) to reward its shareholders. Dividend is not important. The number of shares given for loyalty is ..............

Credit Suisse came out to say BUY!!!! If you look at the equity, the share premium is 10 times higher than the nominal share capital. Under the new 2016 Companies' Acts where there is no longer par value for its capital, the share premium will have to be merged back to capital within 24 months if nothing is done to utilize the share premium. So expect to see a lot of of bonus shares issued out from share premium for ow to 2018. So at RM1.20 per share now is a give away. do say I am not telling you about this.

Not to worry. it is moving up now until next month for the AGM

CSC is one of the best steel company at current price of RM1.77. June comes and dividend is 14 sen and equates to a dividend yield of 7.9 %. 3 months to go to get 7.9 % which annualize to 31.6 % yield. This is the only steel company that does not borrow a single sen. CSC will continue to generate good margins as prices for hot rolled coils and cold rolled coils continue to remain firm. Steel companies' cost of material in house work on average costs (much lower than current cost) and compared to current replacement cost at high level will continue to contribute excess margins for the next two Quarters. Steel companies have raw material and finished goods to cover at least the next three months. CSC does not have to bear any finance cost and this is very positive to its net margin. Companies' Acts 2016 introduced no par value for shares and CSC's share premium will have to be loaded back to its nominal share value within 24 months, CSC's current par value is high at RM1 per share and I will not be surprised CSC split its shares in the near future or issue bonus shares. This is due to market price trading significantly below net asset value. This is a very blue company compared to many steel companies.

just join and learning ......

Am expecting share price to jump 3 to 4 sen after the result soon.

No more bleeding from Eastern Steel as mist of the investment has been impaired and written off over the last few quaters. So this Oct Qtr result will be the most outstanding.

They bought hot rolled coils very cheap before prices escalated and price of HRCs continued to climb. So this company is going to make exceptional product margins from high HRC price.

The qtely result out soon will be very good.

I dreamt that CSC will be having its board meeting today. Sure the result will be very hot. Profit at least double last Qtr. Next week CSC price sure rise. You set your own target.

Pls wait for a while. The whole idea of the recent corporate exercise is to distribute most of the reserves to the deserving existing shareholders. The shareholders are rewarded with very attractive bonus shares package and high 5% loan stock and convertible at 50 sen. Also free warrant. So when new Chinese mill move in we make the money. HT shares ultimately will move above 50 sen. See the kind of margin you can make. Just buy me a cup of coffee will do. I bought enough for myself oledi. Good luck.

Those who have bought a lot of Hiap Teck (HT) securities before the rights and after the rights you have to be patient. You will notice that after the rights the Company went on to record for the first time a profit after so many quarterly losses. Then you notice the MOU signed between HT and Angang China. There will be more positive news to come. I will be very happy if we see positive outcome of a decision soon by the Chinese Mill to join force with HT on a much larger scale. I see that HT will become a platform for this Mill to enlarge and dominate the market in the future. In anyway, I see existing shareholders well rewarded if the Chinese Mill take up some large block of shares in HT. Be patient and continue to buy more is my advice. It is becoming a trend for more Chinese mills wanting to expand in Malaysia.

thanks jn88 for the announcement. 9.3 million warrants exercised time at 18 sen on the last day !!!!! Good news, as this is a readiness to push it up for those grumbling why it has not moved up above 20 sen. The shows excitement starts tomorrow, mark my words. The reward is coming for those who bought at 18 sen.

get read ready to pump up prices after tomorrow when all warrants expired. will break 20 sen and up up and away.

The price is surely slowly creeping up every single day for a while. Reaching 60 sen is around the corner and would say it is aiming for 70 sen. Maybe some announcement will help speed up.

The coming week from Wednesday 11 March will be very exciting for this counter. Why ? Just when the warrant is about to expire on 10 March, the Company jumps in to buy at 17.5 sen. This is a hint that the price will not go further down below 17.5 sen. Then on Friday last it closed high at 18 sen. They are telling you - dont bother to exercise and less shares in the market the better. As at 31 December 2014, there were still 288,973,760 outstanding warrants. It is good that these are not exercised as would otherwise dilute the overall share base. This is March and soon will conclude the March quarter results which we will expect consistently another excellent Quarter ! I opine next week, volume will stay high and the price will aim for 20 sen and above afer 11 March 2015. hose who collect at 18 sen will make at least 11 % within a short term.

I hope it is not too late and I can buy a lot at 18 sen tomorrow. If I sell at 21 sen I will make 17 % within 1 week. The turnaround profit in unbelievable.











hope

No need to hope for 80 sen ! It will have to go above 90. Mark my words and will be soon.

Aiyoh ! Volume at 76.5 so high, i just can't believe it. it is only 9.30 am. looks like more interesting than yesterday.

Next will be 75 sen and plus 1/2 sen every few minutes. no joke man. Have no time for breakfast !!!

See 74.5 also reached now at 9.20 am so early. Will go on and now. Afternoon even better run up !!!!

Hurray ! KNM will reach 90 sen by today. It has to push to RM1 as soon as possible and hold on to that level as the result is damn bloody impressive. You see, they do magic to the accounts to make it so bloody good and make the announcement to issue rights at RM1 per share. That means the shares damn bloody cheap. I will buy more to sell above 90 sen.

Aiyah ! The rights issue cannot go below par of RM1 per share. Therefore anything below RM1 is a buy.

Now only 70 sen is still 30 sen below RM1.00. There is still more than 30 sen to climb.

I have just bout 70 sen and will collect more to make at least 30 sen per share. Still not too late. NTA is very high and profit is just amazing.

Huat Chye and please buy more !!!!! don't say I did not wish all of you luck ah !

Nee Nee Pu Yow Choh, Repeat 3 more times. Why go when we are about to make plenty of money next week? Next week, ECM is - On your mark, get set, BANG and its above RM1. Stay on the join the fun, will you ?

Oh dear dear. you mean all of you still hold on to the Supermax in the hope to make more money ? I have already laughed to the bank and place my bet on money market.

It is time to take profit and then wait for them to come back to 1.85 to enter again.

This will happen again as the next story will be about Spain. Let them focus on the football first and then prepare Spanish bank documents for audit in September. I think they are just deferring their problem.

If Greece has financial illness, I bet Spain and Italy are quite ill as well.

By the way, after the completion of FOMC meeting on 20 June 2012, US will probably extend the Operations Twist to twist more funding and DOW will fly and global markets will turn green for a while, then slump again. I love roller coaster !!!!

Ooi, I think we are talking about Supermax. no time for MAS. MAS is a company that does not know how to choose the best CEO from the the world. It only knows how to use pure Malaysian ? The airline industry is an international business and is very competitive and hence needs the best CEO, irrespective where they come from. If there is no Chinese Malaysian to run we can always have a black man from USA to run if available who can help turn around MAS. We go all out to recruit him e.g like what SIA and Emirates have been doing. But here in Malaysia, we still go on and on and and lose billions upon billions and its the choice of the correct CEO. Just wait until it is being hospitalized, then a specialist will be brought from overseas to treat it. It will coem- just watch. In fact we have capable Malaysians who can run MAS, e.g,. there are so many of them working in SIA. Just call them back and pay them heaps and it will be turned around because they will use the exact SOP from SIA to beat up SIA ! It has also been proven if you put an Indian to run AirAsia, it just shines upon shining !!!! I think there are so many capable Indians managing damn bloody well in Singapore - even better than Chinese CEOs ! Keep it up Tony Fenandez (you sound like Mak Salleh but you do not look Mak Salleh)

Huat Ah for Suppermax not SuperMas OK ! I have exited out Supermax today and laughing to the bank. Fantastic deal. It is running up like crazy - do not know why ? Thanks to Top Glove for putting pressure to Supermax.

Give Chong a break. He needs to take his bath and dinner too. Maybe he will start again at 8.30 pm and drill through until 3 am. Keep it up. I am sure most of us won't be able to sleep early Monday morning. We will all be at the market to watch what happens.

And it is simple on Monday - whether to sell or not to sell.

Plenty of news to read on Saturday and Sunday.

Yes, I am clear now. when USD is very strong, RM is low so we get more RM when remitted. I said it the opposite direction because I slept late yesterday cos football game. Need to get good excuse. a thousand apology. i think Mr Singh surely is an accountant, definitely not lawyer.

Mr Singh,

Did you do a little economics the last time ?

Yes, the products are quoted in USD. It enters the accounts here in Malaysia in USD. So when USD drops RM goes up and when remitted, you get more RM in account in Malaysia as a forex gain.

I think you must be a lawyer right ???

With the fantastic effort contributed by Mr Chong, we should make him the Executive Chairman of the Forum (for Shares we share common Interest only) e.g. ECM and some others that he can contribute comment so well. He is awake most of the early mornings (of course watching Euro football as well. He has the initiative - he called ECM HQ !!! We like it. Hip Hip Hurray.Thank you so much Mr Chong.

What say you, Comrades ?

Yu, please remember I am male so no celebrating together or dating OK.

Old dear me. First of all thanks to Mr Chong and Mr KL Trader.

I am a retired Chartered Accountant and with 27 pages of report to digest, I have given up.

Why not make it simple. Can someone damn good there just tell me if I own 100,000 of ECM shares bought at 88 sen per share, how much value will I get from Kenanga at a later stage. Forget about the market price when the skirt suspension if=s lifted today or Monday. We need to compare whether it is worth keeping the shares or to sell at market price next.

Please help a Chartered Accountant will you.

Judging from the volume today and the highest price registered above RM2.00, looks like the next level or base will be above RM2.00 during the short term. Congratulations to those who bought at the 80s. Do not sell too quick. There could be more global coordinated monetary easing which will lead to the US dollar index going on the down trend. And with lower USD, Super's profit will just shoot up. I anticipate the price will edge up to about RM2.15 soon.

Keep watching the escalating the graph.

Walau eh ! Huat ah, Soon ah, Heng ah, Ong ah !

Shout for the last time to speed up the luck for a fast rise soon !!!

Hope all of you and me can make money soon. Waited too long leow.

Hi there Mr Singh. Good to hear from you the good news. I bought these shares quite a while at 1.96. Is there a chance the price will add on another 15 sen upwards ? If so then I will buy you coffee ok ? say something to make me happier.

It is very simple to turn around MAS !!!! Airline industry is subject to keen international competition. It is like any games - when we play in Malaysia on our own soil we can boast and get gold medals. As soon as we go to Olympic Games or any World Games, we are knocked out in the preliminary rounds. So MAS has been going on and on and changing local MDs upon MDs - to a point that certain MDs from other local companies are afraid to take the challenge in MAS. So if we cannot find good management leaders to run MAS - very simple - go and steal the Deputy MD of Emirates or Singapore Airline. There are plenty of them waiting to show off their skills based on merit. Its worth it - pay them heaps and you get heaps. By the way, if the leader comes from a popular airline, make sure we have good middle management team too. If you have a good expatriate MD and the rest are mostly rotten managers with old local cultures and unwilling to change, then the MD will also fail.

Good luck to Malaysia Boleh and I have waited for far too long to see what they have done wrong and wrong. when JALA is doing OK, they pulled him out to report to Koh Su Koon, what a waste. Maybe when you have good people around, very difficult to give negative instructions.

God Bless the Company.




The is no hope at all for MAS until a new international leader is appointed to bring in good cultures and management practices.

So if you want to buy MAS shares think twice - might as well put your money in Singapore Airlines. I invest in New Zealand Airlines and my dividend yield is about 7 % !!!! So good ah.

Please call up and check with them. The speaker is from the West. When they organize for people to come and talk - there is a meaning - does it mean gold is on for another bull ????

Coming back to gold equities i.e shares in mining companies, these shares have been performing damn well since 17 May 2012. I will say that those people who had invested in gold equities from 15 to 17 May, they will now have achieved a capital growth of around 6.5 % flat in just a few days. I am probably one of them. To invest in gold equities, you must have a strong heart. Gold equities may not necessary move in tandem to gold price.

Those interested to to know more about gold trading, there is a free 3 hour seminar on Wednesday from 7 pm to 10 pm conducted in Jalan Yap Kwan Seng. Those interested can call up 03-27830388 or email phillipfutures@poems.com.my.

Good luck

Up up and away ! today we are seeing Supermax moving up quite well into the RM1.81. Its PE is just 11.6 and compare to Top Glove its PE is 24 ! So there is plenty of room for Supermax to move up. Looking at the trend, looks like it may be trending to rise up to above RM2 soon.

Thanks a lot for the keen participation to contribute points.

It is for the first time I embarked into gold mining shares 2 to three days ago. Only yesterday, I heard for the first time after a while that gold has spiked upwards quite a lot. I believe I should have made a gain of at least between 3 % to 4 % on investment I mean on paper. If you refer to HUI and and XAU global indices, they are all in the green contrary to the global equity market.

I hope the price go up further and I am only satisfied with a gain of more than 10 % before I cash out.

One problem with gold jewellery in Malaysia is that your wife and girlfriend can only wear them at home or go in and out of the bank to see that they are still intact there. It is not even safe to wear them during wedding days. when you wear then make sure you look around there is no motor cyclists around. I have got no idea how we keep physical gold safely at home.

Be careful about all those gold bars etc. you never know what is between the first layer of gold plates and the middle part of the bars.

I am sure the other safe bet is the gold investment serviced by the bank but i am not sure the rates offered. i am sure banks are never cheap and that is why we get very low rates even for deposits.

The other mode that I know is through ETPs or so called ETFs. I am not sure if we can invest in gold ETF in Malaysia. Check Spore. I know one can invest Gold ETF in Australia and NZ. ETFs invest in gold bullion and this is the hedge in gold against inflation. you get no dividends because they invest in physical gold.

The other alternative which I like in investment in gold equities. This mean investing in companies that mine gold.
This route can be via investing in local funds and investing costs or entry cost can be quite cheap.

Good luck

Maybe someone can help this secret code 90754248 to tell him about silver.

I am no expert in silver.

Gold is real cash and easy to pack up and run when all the global mess appears. Silver has industrial uses but when world economics slow down, demand drops and therefore silver may take longer time to go up or fluctuate positively upwards.

While I am talking, gold price has shot up to USD1,575. I refer to the global gold equities index and most counters shot up between 4 % to 6 % within the day. There is more room to go up even more when they start to talk about Spain (after Greece). This turmoil will cause more panic and looking at the rate USD is running up - it looks dangerously overvalue which artificially cause gold to be undervalue. Then US Government drops the economic bomb to the world by announcing QE which will slump the USD. when this happens gold moves up to USD1,600, USD1,700, USD1,800 and go and on.

The fastest way to make money now is to invest in gold equities and they are dirt cheap !!!

No lah, gold mining process cost is about 1/2 of USD1,400 or maybe less. Profit margin for mining companies quite high based on current gold price. Gold is still a good hedge while there is a lot of fear in the global market.

Just watch out China. When it starts to buy a lot again, it will move up to above USD1,700 quite fast.

While gold price has shot up a lot, gold mining shares have gone the other way. When this is happening, it is best to catch gold mining shares at the bottom. I am sure it is at the bottom or near bottom. This type of bottom comes only once in a blue moon. There is at least 15 % to 20 % upside for gold equities in 2012.

By the way, US is currently pondering on another round of QE if there is no resolution in Europe. That means more paper money in the world which further reduces the purchasing power on cash. Go for gold or gold equities.

I do not believe that gold will go down to USD1,200. No chance because too much paper money have been printed all over the world.

Very interesting to look at gold equities now. The whole idea of European crisis is to give a short term immediate boost to USD (or US Treasury). This in turn negates the price of gold. If we were to refer to the HUI index for gold mining equities, we will see that the price of gold mining companies have crashed substantially to near bottom. In fact this is the best time to look for mutual funds that invest in gold mining companies. I can see that those gold equity funds traded under OSK-UOB and Ambank are at all time low. Sooner or perhaps later, US will start to talk about QE one more time and USD will start to weaken fast - Then windfall comes to push gold price up leading to price of gold equities up as well. Plenty of bargains now for gold equities.

Gold will go up above USD1,650 instead of going down.

No, I think his spelling is quite correct.Because when there is a lot excitement on UNDI, such things normally happen. its just biological instinct or behavious.

Please please give Tuan Chong (not Tun !) a break. He has not slept yet.

This is a good guy. He is generous in his contribution. I will buy him coffee one of these days if he willing to come out for a drink.

Good on you Tuan Chong.

ha ha ha hee hee hee, huat ah !!!

First the suspension, then the announcement, then the detailed news in the Edge etc etc. Then analysts comments ! Then there will be plenty people who will say aiyah, such nice penny shares to get earlier but also miss it. Nevertheless not too late at this level. It will easily break RM1.00 soon and now at 83 sen, there is still 20 % margin to make within the short term.

If I talk like that means I have bought more than enough already.

One more time Huat Ah !!!

See Kadir follows PKR now. Now Ong follows DAP and just watch there will be more.

We are waiting what Razaleigh will do. He will look after Amanah and use this as a bridge for UMNO members to cross the bridge to the other parties. When Amanah has its meeting - Ong sits on his right and Kadir sits on his left.

Very interesting.

Wow ! This is good news man. All the good Malaysians are now rushing to join the PR parties. I am excited and I better join DAP first before the application runs out. Keep it up PR parties.

I THINK LOOKS LIKE NEXT WEEK, THE INDEX WILL BREAK THE 1,600 ONE MORE TIME AND WHO KNOWS, THE PARLIAMENT DISSOLVES AND INDEX MOVES A LITTLE HIGHER THAN 1,600 AND THE REST LEFT FOR GOOD PREDICTION. SO READY FOR THE STEEP VOLATILITY TO MAKE A LOT OF MONEY.

GOOD LUCK TO ALL.