Gotta monitor global demand via commodities prices to determine when FGV will recover. perhaps keep an eye on commodities ETF for upward swings.

if they stabilize, meaning global demand has plateaud. From what i can see. it's a 3-6 months thing cyclical thing. We're only in Week 2-3 of the adjustments.

Hoping BNM will spread good cheer on our Macro Q3 too. that'll be more specific to us and hopefully diverge from DJIA & SP500

The irony is when Russia start diverting trade to Malaysia since they kena embargo.
would we sell our stuff since they down mh17. But it will be good for business.
I do hope someone is brokering those deals now.

Net tangible asset about 1.60 depending on who's counting.
can still fall more unless they announce better q3.

sell now and buy back at 2.55. the signs are showing a massive correction. Dow hitting below 16400. Impacting the rest of the region.

The verdict is still out on today's Budget. Expect even higher deficit and loans that needs to be made by the government. The raise in fuel price and subsidy reduction; KJ's harder stand on PTPTN defaulters. all point to national coffers drying up.

Expect EPF dividends to be lower this year too.

declaring dividend will boost momentum to excel in business operations?

You DON'T declare; and use the money to reinject into business operations e.g. new acquisitions/improvements/innovation. that's how momentum is created.

dividend yield too fantastic. even if the market keeps buying to push the yield to 4%. we're talking abt RM2.3X target price!

Go go go. Short term 78 cents. By first two weeks September 82 cents.

230 is resistance because it's the 3% point for the dividends.

my favourite counter!

last day folks!

am holding until Q3. just wallup whenever there's weakness

cause they want you to buy some more and keep mah :)

Fantastic numbers. But not offering dividends.

As long as before 21st August good.

tomorow is Q2 results. by today >= 5pm companies have a tendency to broadcast over news feed. I already collected at 2.29. here's to a great Q2!

yes you are right dextronium. the 4% looked like 4c in my screen!

it's ok. owners pretty greedy with dividends. as long as core ownership is the same the share will continue to give crazy dividends .

RM0.80 is possible not so much the technical indicators but because the dividend of 4 cents per share. that's a good 5%. pretty difficult to find counters offering >5% dividend these days. especially one with relatively ok fundamentals and with prices below NTA.

profit take at 2.45 already, now recollecting. at rm2.28 is good. if it drops somemore, buy somemore. Q2 typically issue dividend. but u never know because the business may hoard cash to make their balance sheet look big for merger

thanks on the input on MASTEEL. Valuation wise it is underpriced. if they revised dividend policy the counter will definitely fly. will definately watch the counter

PRESTAR aabout to become superstar today

The real maths should be total nta per share of three companies divided by 3. Market sentiment will multiply that by 3

at this rate, the support level is around 1.8 - 2.0 before it kicks back up.
That's assuming there's no further economic issues to push it to NTA resistance levels of 1.3-1.4. But from a fundamentals standpoint it is a "relatively" attractive counter

because we are importing more than we are exporting crude hence price of will not have that much an impact on downstream business. For upstream like carigali better

Issue of cost and impact to profitability comes from the supply chain source to the end.
a) PETRONAS will have further cost structure as the policies in place reinforces local providers who may not have the capability but allowed to fail. So far they have led to a few relatively profitable companies like sapura-kenchana with "some" projects globally. Secondly the overall increase in fuel prices that WILL occur cause we already a net importer since 2012.
b) TNB is also in the process of massively outsourcing work to more local vendors.
Issue of YTL is severely politicized to be a scapegoat and to justify the need to localized all the IPP providers. 1MDB has acquired a bunch of money losing IPPs and YTL is the last few non-bumiputera IPPs in the market. The big players are like Bukhari group linked i.e. Malakoff, state level umno linked companies and finally large comglomerates like Sime DArby and UEM, MRCB jumping into the fray, if not already there.

In short, TNB will be pretty screwed if they don't manage the cost structure (and includes the Unions). So unions either shape out or will be shipped out.

good stock to hedge against rubber stock is PW - chicken/poultry and feed. Once bird flu hits, PW will go down but topglov and supermx will go up.

this time it may go down to 11 cents. and then suspend; because the CEO and another director just sold off their shares.

paperlost 1K pockets still deep. looking at the trend, may resist at 4.2X instead.

that's because owners are dumping their shares up to a point where they're happy with the cash. then they'll keep and earn the dividends.

only after that would u see the price move as it is impacted bby mmarket forces

rights conversion for MBSB was 2.30. KWSP can't sell now, else they lose alot. So they'll just keep and earn back the dividend. And then looksee how much the share price will move forward.

same goes with folks who didn't sell off their rights and chose to convert. if u own a shit load of shares... probably start to unload at 2.35-2.45.

steady folks... steady.... :)

TDC is thinly traded unless it is a day with heavy bursa movements. the "beta" is very strong in this one :)

The queue is still relatively low for YTL today despite the hot market after FED's announcement of not tapering.

if EPF wants to they can buy up all the shares until 1.60 lol.

this is YTL thread. should talk about HAPseng there. there in the middle of share buyback

UEM performance tend to follow the bursa index, albeit somewhat weakened now. Bursa tends to follow prevailing economic fears.

Economic fears may or may not escalate at the end of Fed meeting tomorrow!

Scary, it seems institutional traders are no longer playing with YTL. between sep9 and 11. EPF dumped 10mil shares.

yeap, agree with Hjey, no demand = no revenue. Families tend to cut down on travels when shit happens. the initial hit will be "emotional" at best. investors tend to be shocked into selling.

the shares will stabilize should the conflict is "isolated". Who cares about what's happening in iraq (ppl die there everyday).

hint. Watch iskandar.

good news there is a precursor to UEM shares rise.

If war and mers breakout simultaneously, am sure it will test support level of <=2.45.
But i doubt it'll be below 2.1X unless Iran drops a couple of bombs. But that's a different story altogether... plus middle east traffic is not major contributor. AAX will be worse hit.

have to switch portfolio and buy shares that benefit from war. :)

I'm more concerned about MERS-COV flu in middle-east + the brimming conflict in Syria. Both can depress airlines shares.