Robust growth if momentum goes on
http://www.thesundaily.my/news/1049440

THHE wins first FPSO contract in RM2.9bil deal
http://www.thestar.com.my/Business/Business-News/2014/05/16/THHE-wins-first-FPSO-contract/

hi sephi....good morning, nice to see you here....:)

M'sia GDP may rise as much as 6%
http://www.thestar.com.my/Business/Business-News/2014/05/16/Msia-GDP-may-rise-as-much-as-6-Higher-exports-and-industrial-output-signal-acceleration-of-growth-in/

Heloo hepitrade long time no see. Welcome back to msia & familiar i3 faces....cheers!!!!

Latitude, Poh Huat hit by protest in Vietnam
http://www.thesundaily.my/news/1046293

Encorp: Redeveloping old Felda HQ
Encorp, which was bought over by Felda Investment Corp Sdn Bhd (FIC) last week, plans to tear down the old Felda headquarters in Jalan Semarak, here, and rebuild the area as a mixed residential and commercial development. Sources said Encorp's maiden project under FIC is to demolish Anjung Felda, Balai Felda and Wisma Felda, which sit on 16ha of prime land, and redevelop them into medium-cost apartments, luxury condominiums, affordable homes and a private college. "The gross development value (GDV) will be no less than RM500m," a source said. Felda, whose commercial arm Felda Global Ventures Holdings, is shifting to its new headquarters at Menara Felda in Persiaran KLCC. (Business Times)

Eupe Corp: To roll out four projects with GDV of RM960m
Eupe Corp plans to roll out at least four projects, two projects each in Selangor and Kedah, with a combined gross development value (GDV) of RM960m in the current financial year ending Feb 28, 2015 (FY15). Group MD and CEO Datuk Beh Huck Lee pointed out that the group in fact has projects with total GDV of RM1.2bn in the pipeline. The Kedah-based developer has unbilled sales of RM100m, Beh added. For the time being, Beh noted that it has sufficient war chest landbank expansion. The company has undeveloped landbank of 1,100 acres (445.15ha) mainly in Kedah, and is scouting for land in the Klang Valley, he said. (Financial Daily))

Tech stocks may regain favour, sales at all-time high
http://www.thestar.com.my/Business/Business-News/2014/05/12/Tech-stocks-may-regain-favour-Tech-industrys-sales-at-alltime-high/

FBMSCAP

Over the past 2 weeks the FBMSCAP Index plunged a total of -724.49 pts after a 2 months of market rallies that started since March 2014. Market support is currently found at a level of 17,170pts and we expect a rebound to continue to its short term resistant level at 17,450pts. A break out from its short term resistant level 17,450pts will eventually lead to another start of market rally in the FBMSCAP Index. “Did you buy small caps stocks?” “Did you buy properties stocks?” these are the 2 common questions we tend to share to the public as we are continuously bullish on these 2 sector over the long run since Year 2012. Investor/trader should take this opportunity to grab stocks that are trading at their market support.
http://trendfollowingmalaysia.files.wordpress.com/2014/05/fbmscap.png

bro tj.....today like buying frenzy in may.....hehehe

bro tj....property coming back.....today buying interest seen in symlife, seal, malton, asiapac & gob.....:)
buy buy buy in may.....up up up all the way!!!!

sb symlife

bro tj.....simelife quite active today....once above 20 days MA @ 1.06 will be bullish......:)

Kim Eng sees Bursa hitting 1,940 points by year-end
http://www.thestar.com.my/Business/Business-News/2014/05/09/Kim-Eng-sees-Bursa-hitting-1940-points-by-yearend/

bro tj.....sama sama huat....hehehe
buy buy buy in may....huat huat huat all the way!!!!

@ splendid.....skpres

bro tj.....skp ok or not ? black candle indicating cup & handle breakout & parabolic turning positive ?

US: Yellen says ‘high degree’ of accommodation still needed
Federal Reserve Chair Janet Yellen made it clear she believes the economy still requires a strong dose of stimulus five years after the recession ended because unemployment and inflation are well short of the Fed’s goals. “A high degree of monetary accommodation remains warranted,” Yellen said today in testimony to the Joint Economic Committee of Congress. “Many Americans who want a job are still unemployed,” and inflation is below the central bank’s 2% target, she said. (Bloomberg)

Stock Pick : Prolexus @ 1.53

Solid outlook for SapuraKencana, Harbour Link 'outperform', Mitrajaya 'buy'
http://www.thestar.com.my/Business/Business-News/2014/05/07/Solid-outlook-for-SapuraKencana/

bro tj like...."buy buy buy in may and huat huat huat all the way"

bro tj & sephi.....news on encorp

Posted by rikki > May 6, 2014 08:50 AM | Report Abuse X

Encorp: FIC conducting due diligence
Felda Investment Corp (FIC) is carrying out due diligence on Encorp, sources say. FIC, which was set up last year, is ramping up property development and investment activities and is looking for a good vehicle to support its growth plan. According to sources, it has identified property development and tourism projects as core activities. It was reported that FIC is looking to buy a substantial stake in Encorp, controlled by CEO Yeoh Soo Ann and COO Mohd Ibrahim Masrukin who last year undertook a management buyout of Encorp by taking over Lavista Sdn Bhd, which owned a 30.55% stake in the company. Lavista is a private vehicle of former Encorp executive chairman Datuk Seri Effendi Norwawi. (Bernama)

Many may have influence by the motto 'Sell in May & go away'. Thus, the prices are rather low in May. Therefore, buy in May & sell when you come back.....:))))

Many may have influence by the motto 'Sell in May & go away'. Thus, the prices are rather low in May. Therefore, buy in May & sell when you come back.....:))))

bro tj buy buy buy in may.& when everyone come back in august after the world cup.....tj will sell sell sell :)))

Buy in May.....up up up all the way!!!

bro tj.....huat huat hehehe
buy in may.....up up up all the way!!!!

Encorp: FIC conducting due diligence - refer to kaki flag posting

US: Orders propel US service industries as sales improve
Services, the biggest chunk of the U.S. economy, picked up in April as gains in orders and sales signaled even faster growth ahead. The Institute for Supply Management’s non-manufacturing index rose to 55.2, the highest level since August, from 53.1 in March, the Tempe, Arizona-based group’s report showed today. Readings above 50 indicate expansion. Bookings jumped by the most in four years. Retailers, restaurants and construction companies were among the 14 industries reporting growth last month as the world’s biggest economy rebounds from a weak first quarter. (Bloomberg)

Encorp: FIC conducting due diligence
Felda Investment Corp (FIC) is carrying out due diligence on Encorp, sources say. FIC, which was set up last year, is ramping up property development and investment activities and is looking for a good vehicle to support its growth plan. According to sources, it has identified property development and tourism projects as core activities. It was reported that FIC is looking to buy a substantial stake in Encorp, controlled by CEO Yeoh Soo Ann and COO Mohd Ibrahim Masrukin who last year undertook a management buyout of Encorp by taking over Lavista Sdn Bhd, which owned a 30.55% stake in the company. Lavista is a private vehicle of former Encorp executive chairman Datuk Seri Effendi Norwawi. (Bernama)

bro hawk....pinjam your outlook.....:)

Posted by skyhawk > May 2, 2014 02:21 PM | Report Abuse
connie...pjdev wc uptrend still intact...will charge up next week..
mpay is still in major W3...now in minor correction...prices will move up next week :D:D:D

Good time to buy small caps, says RHB Research
http://www.thesundaily.my/news/1034454

US: Consumer spending in jumps by most in five years
Consumer spending surged in March by the most in almost five years as warmer weather brought shoppers back to auto-dealer lots and malls, a sign the U.S. economy gained momentum heading into the second quarter. Household purchases, which account for about 70% of the economy, climbed 0.9%, the most since August 2009, after a 0.5% gain in February that was larger than previously estimated, Commerce Department figures showed today in Washington. The median forecast of 77 economists in a Bloomberg survey called for a 0.6% gain. Incomes increased by the most in seven months. (Bloomberg)

China PMI steadies, but doesn't dispel growth worries
http://www.fz.com/content/china-pmi-steadies-doesnt-dispel-growth-worries

US: Consumer confidence near six-year high, home prices rise
US consumer confidence dipped in April but remained near a 6-year high, while home prices rose in Feb 2014, suggesting the economy continued to regain momentum after a winter lull. The Conference Board said its index of consumer attitudes dipped to 82.3, the second-highest reading since Jan 2008, from an upwardly revised 83.9 in Mar 2014. An unusually cold and snowy winter disrupted economic activity early in the year. The expectations index rose to its highest since Aug 2013, hitting 84.9 in Apr from an upwardly revised 84.8 in Mar, while the present situation index fell to 78.3 versus an upwardly revised 82.5 last month. (Reuters)

World economies are improving....malaysian fundamentals unchanged.....today jumbo sales....buy mid cap stocks with good fundamentals.....avoid penny stocks.
US: Debt paydown projected to be biggest in seven years
The US Treasury Department announced the biggest quarterly paydown of government debt in seven years, as a stronger labor market helps boost tax revenue. The drop in net marketable debt will be USD78bn in the April-June period, USD38bn more than the paydown projected three months ago, with an end-of-June cash balance of USD130bn, the Treasury said today in Washington. The improvement will be short lived - net borrowing of USD169bn is projected next quarter, with USD130bn in cash Sept. 30. (Bloomberg)

Four stocks hit limit down, Bursa queries
http://www.thestar.com.my/Business/Business-News/2014/04/29/Four-stocks-hit-limit-down/

US: Consumer sentiment rose in April to nine-month high
Consumer confidence rose in April to a nine-month high, showing Americans are growing more upbeat about the economy as the labor market gains traction. The Thomson Reuters/University of Michigan final index of sentiment increased to 84.1 from a four-month low of 80 in March. The median projection in a Bloomberg survey of economists called for 83 after a preliminary April reading of 82.6. (Bloomberg)

Tambun Indah among top 30 small-cap jewels
http://www.thestar.com.my/Business/Business-News/2014/04/28/Property-OG-in-RHB-list-Scientex-Tambun-Indah-make-return-to-Top-30-SmallCap-jewels/

Norwegian fund nibbling at Malaysian small and mid caps
http://www.thestar.com.my/Business/Business-News/2014/04/28/Norges-builds-up-portfolio-Norwegian-fund-nibbling-at-small-and-mid-caps/

Norwegian fund nibbling at Malaysian small and mid caps
http://www.thestar.com.my/Business/Business-News/2014/04/28/Norges-builds-up-portfolio-Norwegian-fund-nibbling-at-small-and-mid-caps/

@ahmoi....please refer to the article written by bonescythe and a few more links posted earlier in this thread.

US: Strong durable goods orders buoy growth outlook
Orders for long-lasting manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter. The economy stumbled at the start of the year as abnormally cold weather disrupted activity. Thursday's robust durable goods report was the latest confirmation it was out of hibernation. (Reuters)

US: Consumer comfort climbs to highest level in eight months
Consumer confidence rose last week to its highest level since August as Americans were more upbeat about being able to provide for their families than at any time in six years. The Bloomberg Consumer Comfort Index climbed to minus 25.4 in the period ended April 20, the second-strongest level since January 2008, from minus 29.1 the prior week. Households’ views of their finances jumped for a second week while gauges of the economy and buying climate also improved. (Bloomberg)

Fitters Diversified shares highest since 1997
http://www.thestar.com.my/Business/Business-News/2014/04/23/Fitters-shares-highest-since-1997/

Alam Maritim Resources Bhd announced that a Hong Leong unit and another firm have agreed to subscribe to 123 million new shares in Alam Maritim for RM166.05 million.
Their joint subscription will represent 15.35% of the existing shares in Alam Maritim.
In a filing with Bursa Malaysia, Alam Maritim said it had today entered into a subscription agreement with Associated Land Sdn Bhd and Caprice Capital Intl Ltd for the proposed issuance and allotment of 123 million new ALAM shares, representing 15.35% of the existing paid-up share capital of the company, at an issue price of RM1.35 per unit.
Associated Land, an indirect subsidiary of Hong Leong Company (Malaysia) Berhad, will take up 60 million shares while Caprice Capital, controlled by Poh Yang Hong, will take up 63 million shares.
Alam Maritim’s share price closed 10 sen or 6.4% higher at RM1.65 on Monday. Trading was halted yesterday and today pending this announcement.

bro ct & ft.....accumulate pjd-wc.....set to break record high of 0.83 soon. Do monitor mother....if break 1.60 with high volume, it's time to hamtam pjd-wc.....hehehe

ho ho ho up up up.......hohup......:))))

bro ct....I dun have dbhd....:(

today market zzzzzzzzzzzzz bcoz tj away this morning......:))

tq bro ft....:)))