Rchi

Good morning. Oil dipped below crucial support of 50.00 yesterday. Then we will see more downside from here? N will this give rise to our puts? Yesterday bot Hg at 0.16.

High time for puts to march up !!

Have a fruitful day ahead. Happy trading !!

SweeSwee5454

Good morning. I like 0128. Will buy on pullback !!

Have a fruitful day ahead. Happy trading !!

Farfar .. did u see my msge on previous page 1458 ??

Dingding

Good morning. Hope 7889 continues its superb run today to breach yesterday's high of 1.12.

Have a fruitful day ahead. Happy trading !!

ZenZenD

Good morning. Hope u have fully recovered now. Wishing u well.

Have a fruitful day ahead. Happy trading !!

Sherri

Good morning. Yeah, Dsonic touched my lvl yesterday. Was very impulsive yesterday. Lets see how it trends today.

Have a fruitful day. Happy trading !!

Duit

Good morning. Many thanks for yr advice n notes on 7889. Noted on both scenarios.

Have a fruitful day ahead. Happy trading !!

Connie

Good morning. Dow off lows to close minus 68. Oil dropped below the crucial support of 50.00. Calls for more downside which bodes well for puts. Hope see upward move today as it has consolidated in tight trading range for quite some time.

When free, can pls check for me Opensys? Think it is reversing up now but has yet to reach its peak. Latest qtr was very impressive. Many thanks.

Have a fruitful day ahead. Happy trading !!

jc .. oh, u are referring to the above by Kenanga? Do not mention lah. Sharing is caring n vice versab!!

jc

Good morning. Why thank me? Duit shud the one to thank!! I did nothing to warrant this.

Have a fruitful day ahead. Happy trading !!

Yongyou

Good morning. Did u see my reply last nite?

Have a fruitful day ahead. Happy trading !!

Farfar

Good morning. Pretty early today. Sorry, saw yr last msge very late. Will reply to u in short while.

Oil dipped below 50.00 at close. Good for Hk.

Have a fruitful day ahead. Happy trading !!

Good morning TCB/dunknow/ariff7996

Have a fruitful day ahead. Happy trading !!

Kenanga's Third Quarter Market Outlook

Kenanga has just issued its 3rd Quarter Market Outlook, entitled "NO MORE EASY MONEY". The gist of the report is as follows:

Temporary Bottom? Despite inspired by the Malaysian Sovereign Rating upgrade, we do not rule out that a temporary bottom could have formed as the recent price corrections were steep in nature and the “Discount” between FBMKLCI to its consensus index target has widened to 7.5%, which is the -2SD-level below its trailing 3-year mean of 4%. Moreover, we gathered that the “Premium” of FBMKLCI valuation, as per consensus Fwd. PER, has also been narrowing against regional peers. Besides, we also believe the decline in average foreign shareholding of FBMKLCI could taper off. This is because the average foreign shareholding is still on an uptrend since early 2013 and the recent decline in the average foreign shareholding has been deviating from its regression trend significantly, which could suggest an “oversold” condition, at least in the short-term.

Nonetheless, downside risk remains intact. Owing to both domestic and external uncertainties, coupled with the negative technical picture and weaker investment sentiment as well as higher market volatility, persistent foreign outflow could be a concern despite the reasonably strong domestic liquidity. Besides, we also notice that the market dynamics are highly correlated to share financing as well. So far, FBMKLCI and its Fwd. PER have been declining in tandem with the lower percentage of Loan for Share Financing to Total Loan. Should this lending continue to decline, this will put pressure on the equity market.

Therefore, we have lowered our index target lower to 1,810 (from 1,845 earlier) on lower target FY16E PER (18.4x vs. 19.0x earlier) and minor earnings and target prices adjustment. This target is also backed by FY15E earnings growth of 2.5% and a stronger growth of 7.8% in FY16E.

Focused Sector & Stock Picks. We continue to like high-yielding stocks such as BJTOTO (OP, TP: RM3.72). Stocks in resilient sectors such as Telco, Healthcare, Education and Consumer F&B will also be our preferred choices. Among these sectors, we choose TM (OP, TP: RM7.80), TOPGLVE (OP, TP: RM7.90) and SASBADI (TB, TP: RM2.68) as our 3Q Top Picks. While the weakening trend of ringgitremains favourable to exporters, we are selective and prefer laggards. As such, we select TOPGLVE asour Top Pick from glove sector for the quarter. Nonetheless, we do see further upside for some exporters such as MPI (OP, TP: RM8.90) and SLP (OP, TP: RM1.76) despite their superb performances. Of course, we also continue to focus on our other Overweight sectors like Construction and Logistics. MITRA (OP, TP: RM2.35) and CENTURY (TB, TP: RM1.19) are the chosen ones from these sectors. Other Top Picks are ARMADA (OP, TP: RM1.55), BJAUTO (OP, TP: RM3.14), and PESTECH (OP, TP: RM6.11) despite our Neutral rating on Oil & Gas, Auto and Power Utility sectors. For short-term traders, it is worthwhile to consider bottom-fishing stocks, especially big caps, which are trading near their respective 52-week lows. We believe these heavily bashed down stocks could stage a quick rebound from their recent lows.

Tony Pua, Rafizi Ramli and Tong Kooi Ong looking at criminal charges which may sent them to jail for up to 20 years « Lim Kit Siang - http://blog.limkitsiang.com/2015/07/22/tony-pua-rafizi-ramli-and-tong-kooi-ong-looking-at-criminal-charges-which-may-sent-them-to-jail-for-up-to-20-years/#more-32030
Darkness has descended upon us.

Connie .. many thanks on 7237. Appreciate yr prompt analysis n reply !! Will see if she can stay abv 2.37 or not !!

Yongyou .. I hv fully recovered now. Thanks for ur concern. 0117 I dont follow now cos co. qtr result very bad !!

Duit .. I prefer it to be GOOD TO DEAL !!

jc .. u have an awesome evening !!

Skyhawk .. ok, noted with thanks. Cant wait for Friday !!

Skyhawk .. below 1706 for Hk to rock??? Awwww .. now 1729 .. still so far away !! Have an awesome evening !!

Rchi .. have an awesome evening !!

Connie .. can pls check 7237 ?? New high !! More to go ?? Many thanksss !!!

dk .. tata. Have an awesome evening with darling n princess !!

forum8080 .. u too have an awesome evening !!

Duit .. tata. Have an awesome evening with loved ones !!

twobits .. Mulphal recently changed name to Thriven. Both same counter.

Connie .. almost 5pm now. Tata n hv an awesome. Beback to fight tomorrow !!

Rchi .. scared of dogs !!

Rchi .. u have my utmost respect. Salute !! U never fail to amaze tsy !!

7889 go go go. dont blow blow
We all love u, love u oh
Truly our hero, our hero
Thriven go go go go :}:]:}

paperplane2 ... Asiabio no more in fovor nowwwwwww !!!

Rchi .. last time I chased Jaycorp n kena. Now dare not chase lo !!

dk .. how much is that doggie at the window .. bark bark bark oh!!!

Skyhawk .. noticed that lately despite index going down but puts have hardly moved up in tandem ???

Connie .. thanksss for compliment. Truly flattered !!

Rchi .. Jaycorp new high but up so much alredy in 2 days. How to chase at this lvl ??

Duit .. I must fly overf but dont mind at all juz to see lovely Connie !! Thriven xoming back strongly

Duit .. ding ding is a lovely lady. I saw her lovely photo alredy.

Connie .. awww, no beer ps ps ps !!!

Duit/dunknow .. 7889 truly flying !!

rCHI .. THANKS. wILL DO SO. Get Hg as well !!

Dunknow .. ok, we shall stare at each other. LIKE LOH !!

Duit .. to me u are the most well versed {all rounder} n the bested writer of all. SALUTE. Sincerely from the bottom of my heart I say this !!

Dingding .. finishing now Awww .. my fren pestering me now. Say why I always postimg n never talk to him, kikiki.

Duit/dunknow .. tsy truly touched by yr attachment to each other. So nice !!

Duit .. below 1.00 limit is 30 cents. So 1.27 cant be 1.35

Connie n all .. happy lunching !!

Duit .. follow u in Thrive. I bot at 0.935 but sold alredy below 1.00. Company giving bonus plus warrants.

Farfar .. could not go in to the link. Will try later at lunch time !!