nomanland: those who want TP should ask:
http://4.bp.blogspot.com/_sSg-DfFIPq8/SslzRgumwaI/AAAAAAAABwA/iabpTYYAd5s/s400/DSC02529.JPG

:)

Karang Guni? simi code ah?

Dragon: Nezha is 三太子 leh....true also lah, he really 'killed' himself in front of his father lah before reborn. Wah, your story knowledge really bo beh zhao. hee..hee..hee..

Shacks, I am open to giving the 1st financial year of Mr Wong. Restructuring needs time. Just the business structure standalone and the business standing restoration can take up the 1st 2 qtrs. cheers.

Have a good weekend, folks. :)
Be thankful to nomanland for whipping the charts at zero cost.

The Shooting Star is a bearish reversal pattern that forms after an advance and in the star position, hence its name. A Shooting Star can mark a potential trend reversal or resistance level. The candlestick forms when prices gap higher on the open, advance during the session (0.70 - 0.78) and close well off their highs (High: 0.78, close 0.71). The resulting candlestick has a long upper shadow and small black or white body. After a large advance (the upper shadow), the ability of the bears to force prices down raises the yellow flag. To indicate a substantial reversal, the upper shadow should relatively long and at least 2 times the length of the body. Bearish confirmation is required after the Shooting Star and can take the form of a gap down or long black candlestick on heavy volume (Is 88.6m today significantly higher?)

come...watch a clip:http://m.youtube.com/watch?v=NzlADQIDsts

Behind the main man is a 'magically powerful' old goose..he..he..

Restructuring and reorg stage. Not surprised by the operating loss. Have a great day ahead, folks.

Have a good weekend, folks. :)

Good morning, folks. Dow gave an auspicious 588. have a good day ahead, folks.

Good morning, folks. Dow gave an auspicious 588. have a good day ahead, folks.

Luoli! he..he..he..

Good morning, folks. Dow gave an auspicious 588. have a good day ahead, folks.

Good morning, folks. Dow gave an auspicious 588. have a good day ahead, folks.

wow, everybody awake and energetic. :)

Many creative clowns to counter economic and political stresses. :)

Posted by cashflow > Aug 24, 2015 03:18 PM | Report Abuse 

Malaysia got no creative policy to counter the economic stress.

You watched too much 'Back to the Future?' Tomorrow's newspapers?

cashflow It looks like a flat stop for Brent @ 44 dollars. Does anyone have tomorrow's newspaper

24/08/2015 15:26

Dragon: Ai Zai, steady.

Dragon: Ho say bo? :)

It infers further selling pressure tonight over at the US.

Be careful.

Posted by leo218 > Aug 24, 2015 03:02 PM | Report Abuse

US Dow future red 440 pts http://www.bloomberg.com/markets/stocks/futures

Be careful, folks.

China down 8%, and for US futures: http://www.cnbc.com/pre-markets/

The ringgit weakened further and breached the UBS end 2015 forecast of 4.20 and SGD 1 is RM 3.

Have a good weekend, folks

Have a good weekend, folks

UBS estimate end 2015: 4.20.

@Calvin: Naughty. Have a great day ahead.

good morning, folks

good morning, folks

@horck: What is your gut feel on the upcoming 1Q'17 results? I remain neutral in view that it is the 1st qtr under the new management and they need considerable time to move things in the business. No obligation to reply, yeah?

LaoTze: Accumulating on weakness here? :)
Hope all's well.

MALAYSIA BOLEH!

DickyMe: My i3 footprints are quite diversified and not confined to both Suma and IFCA, driven by quest to learn from all, in fact.

And I have to agree with your sentiment that there is severe kosong tin "top" claims in response to the external allegations. Broadcast fans of paid "ChannelFeelGood". Sadly, the foreign forces of demand and supply would have to be relied upon as whacking stick to be inflicted on those 'pariahs'.

You take care, bro, and keep in touch via i3. :)

In the name of Warrior Against ISIS? Speechless.. :)

Posted by TAH > Aug 19, 2015 12:16 PM | Report Abuse

In the bear market, all the retails player kena trap. Any bad news it will drop further. Don"t touch the sharemarket as long as the Big Alligator is still around. 2.6 B can be Donation Money . Shit

Dragon: wat gas? 'Fang Pi" also "export gas" leh. hee..hee..
Aiyo, dun know leh..confused till 'tao gong gong' liao...

August 16, 2015, 11:58 P.M. ET

Malaysia: Is The Ringgit Looking Too Weak?

By Shuli Ren

As the Malaysian ringgit dips to new lows this morning, one investment bank came to its defense, sort of.

UBS thinks the ringgit is falling too fast.

Sure, as an oil exporter and with all the political shenanigans at home and China devaluing its yuan, Malaysia has a lot of problems. But in May, the IMF estimated that the ringgit’s real effective exchange rate was undervalued by 15% – and it’s depreciated 7% further since, pointed out economist Alice Fulwood.

Second, investors worry that 60% of Malaysia’s external debt is denominated in foreign currencies. “On the plus side, it’s not necessarily all dollars.”

Third, in the second-quarter, Malaysia’s current account did not fall into the deficit “as we expected,” instead posting a healthy enough surplus of $2 billion. Fulwood wrote:


This is impressive considering the USD 2.0bn drop in net natural gas exports in Q2… One bonus of ringgit weakness is competitiveness – exporters may be starting to benefit.

The defense from UBS is hardly uplifting however. The bank is looking for 4.20 per U.S. dollar by the end of this year and 4.00 by the end of 2016. The ringgit was trading at 4.1050 recently. It also lowered its GDP growth estimates to 4.6% in 2015 and 4.2% in 2016, from 4.4% and 4.3% previously. In the second quarter, Malaysia grew 4.9%.

UBS 2015 Forecast: 4.20?
Be watchful, folks. Just to share and not telling 'ghost stories'.

August 16, 2015, 11:58 P.M. ET

Malaysia: Is The Ringgit Looking Too Weak?

By Shuli Ren

As the Malaysian ringgit dips to new lows this morning, one investment bank came to its defense, sort of.

UBS thinks the ringgit is falling too fast.

Sure, as an oil exporter and with all the political shenanigans at home and China devaluing its yuan, Malaysia has a lot of problems. But in May, the IMF estimated that the ringgit’s real effective exchange rate was undervalued by 15% – and it’s depreciated 7% further since, pointed out economist Alice Fulwood.

Second, investors worry that 60% of Malaysia’s external debt is denominated in foreign currencies. “On the plus side, it’s not necessarily all dollars.”

Third, in the second-quarter, Malaysia’s current account did not fall into the deficit “as we expected,” instead posting a healthy enough surplus of $2 billion. Fulwood wrote:


This is impressive considering the USD 2.0bn drop in net natural gas exports in Q2… One bonus of ringgit weakness is competitiveness – exporters may be starting to benefit.

The defense from UBS is hardly uplifting however. The bank is looking for 4.20 per U.S. dollar by the end of this year and 4.00 by the end of 2016. The ringgit was trading at 4.1050 recently. It also lowered its GDP growth estimates to 4.6% in 2015 and 4.2% in 2016, from 4.4% and 4.3% previously. In the second quarter, Malaysia grew 4.9%.

Good morning, folks

good morning, folks

Have a good evening, folks.

Greetings, Inv3st0r69. Been quite occupied at work and with my family lately. I am always around. Stay tuned here. Cheers.

As usual, have a good evening, folks. :)

Dragon: :) you funny lah. hee..hee..hee..

Bro, how's things? :)

DickyMe Being brave without thinking is like a buffalo slamming head on into a speeding train.

18/08/2015 12:11

I had, have and is still supportive by my holding and is still holding all these while.

Lips sealed on my entry price. :)

USD250m @3.70 >> RM 925,000,000
USD250m @4.10 >> RM 1,025,000,000
Difference 100,000,000 (currency downside of near 11% or the price tag in ringgit term had upsized by some 11%)

Would you pay for Scenario 1 or 2 if you are an upstream oil operator today?

Is the buying of USD250m equivalent to selling ringgit? Isn't this the same characteristic as foreign selling? If you are BNM, how would you decide in the face of persistent foreign selling. Between 2010 - 2013, foreigners took up some 34.6bn, sold 6.6bn in 2014, and for the first 7 months of 2015 some 12bn (woah!). Could the BNM approval had been delayed due these?

Just some imagination. :)

Wassup? :)

Posted by Inv3st0r69 > Aug 18, 2015 09:59 AM | Report Abuse

Wheres Ozzie? come back here pls

good morning, folks

horck: Sep15 is private placement (if it happens), not rights issue.

@ckwan11d: 死仔包下药蛮重。。:)

Have a good evening, folks.

"You help me.....err...I might not necessarily help you now as I need to help myself now.." he..he..he..

Posted by mamakkutty > Aug 17, 2015 04:48 PM | Report Abuse

will najib help you?

One class enough? And they need to go through phonics first before kindergarten?

Posted by duitKWSPkita > Aug 17, 2015 03:15 PM | Report Abuse

Hawk... If I have the money... Will build unlimited kindergarten to send all ppl to the kindergarten then we have more kindergarten view...

Allocate one class and all UMNO top ranked must attend... Don't see they can beat kindergarten kids.... So malu saja

My suggestion is that you study the counter properly and know what business they are in before taking a position. What horck meant is common sense: There has to be a business reason for the counter to move and that means Ingenco has to show sustainable profits moving forward.

Don't expect miracle to happen in the short term.

Youghin Newbie here, what horck was trying to tell was?

17/08/2015 14:14

Calvin: "None of us can beat the whole market". I hope everything's fine at your end and the same goes for everyone here.