move north,slow and steady..

start moving north..

This means when BN win in GE13 than the first goodies that we rakyet get is GST.. hope BN will win and we will knows our faith later..

bro kcchonghz: good points of view.

Yes..EPF.. buy..buy more cz the money that u use to support FGV is not your own money.. either it lost or win it not your problem..

''The plantation group reported disappointing profits for the second quarter, which was down 32.5 per cent from a year earlier due to lower palm oil harvests, increases in operating costs, and lower contribution from its sugar subsidiary MSM Holdings.''(Malaysian insider,10 Sep.2012)
- if u are the rational investor,you should avoid the company when they announce a lost in their Annual report coz in long term the value of their share will go down But EPF don't bother about this..they keep support this company(FGV).. For what reason..?
and
''FGVH could also struggle with its ageing oil palm trees that account for 53 per cent of the 320,000 hectares of oil palm estates which rank among the highest in the industry and a replanting exercise would mean even more loss of income for the group during the period it takes for trees to mature.

FGVH also reportedly suffers from a productivity in terms of tonnes per hectare that ranks as the third lowest among the major Malaysian plantations firms.''(Malaysian insider,10 Sept.2012)
- if we read the article above,we should understand that the prospect for this company also not bright.. For what reason u buy a share in a company that have a old palm oil tree.? for sure the productivity of palm oil by this company was low.. So who is stupid to buy and invest in this company..?

hahahaha... congratulate for those who are donate their hard own money to UMNO.. ur sacrifice are appreciated..

FGV is good for Isa Samad & friends only but no good for investor. start from listing date till now it share price lost more than 80 cents. Lucky EPF support it price yesterday if not it will down some more.. Cngratulation for those who donate their hard own money to UMNO.. (same as what i said last few month..)
how ever don't worry.. when GE 13 will come,the government will support this share..

wait for it to stable b4 we enter..

is it really manageable..?

Now total lost of mraket index nearly 50 points..hope will down some more for us to collect..

market in bad mode..

wait for it to stable first.. market in bad mood..

Start from today there are should be no 'road block' for this stock to move north. we can see the performance of this stock & the accurate of prediction by local brokerage house.

next monday the price will down a bit( bcoz MBSB cc will expired) than after this date we can see this stock performance.

For me if the Government still in excessive spending and not control of corruption and extravagant, they introduce the GST is no use,.. just make our life more trouble..

for me i same as the first day of this share listed on June/- i better stay away from this share cozinot willing to donate my hard earn money to UMNO.. better i buy other share.. hehe

i bought at 0.945 last week.. plan to average down at 0.88 or below but i think this stock will maintain at 0.90 above unless our KLSE dive 20 more points..

Bro Mat Cendana: look like u need to buy at 0.90.. tonite DJIA perform well than may be tomorrow our market also have a technical rebound after lost almost 30 points.

darrenL: may be your prediction is correct.. today it down to RM2.20 than up again to RM2.25
by the way will see it on Next monday..

may be next monday can get RM2

strong fundamental..this time drop because of expired MBSB CC on 10 sept and our market in recession period.. still have a confident to keep this stock..

still maintain above 0.90.. well done..

andyteng: For me better keep until post GE 13 la.. who are govern our country that time we still have money to play..

TM and DIGI.. i love u.. will collect u when time are good,..

Yup.. the correction is healthy same as what Nor Mohamed yaacob always said whenever the market tumble last few years....
''don't worry, our economy is good and our leader manage economy well and fundamental is strong..'' long time not heard his comments. Hope this afternoon TV3 will approach him for a comments..hehehe

Now it dive from 1560 to 1615..
lucky i only stuck 30% in Market.. 70% cash..can joint the mega sale.

so... take care all my friends..
our market will dive...

KUALA LUMPUR, Sept 6 — Malaysia’s sovereign credit rating may be cut if the government does not deliver promised reforms to cut spending to reduce its fiscal deficits, Standard and Poor’s (S&P) has said in its latest report on the country, joining other global ratings agencies in warnings about the strains on the country’s credit profile.

S&P said reforms the government should look at include the introduction of a goods and services tax (GST) and subsidy cuts.

“We may raise the sovereign credit ratings if stronger growth and the government’s effort to reduce spending result in lower-than-expected deficits, as indicated in the 10th Malaysia Plan. With lower deficits, a significant reduction in government debt is possible.

S&P has said the government should look at introducing a goods and services tax and cutting subsidies. — Reuters pic
“We may lower the ratings if the government can’t deliver the reform measures to reduce its fiscal deficits and increase the country’s growth prospects. These reforms may include, but are not limited to, the GST and subsidy reforms on the fiscal side, and private investment and economic diversification reforms on the economic growth agenda,” said the ratings agency.

Last month Fitch Ratings said in a separate report that Malaysia had yet to present a convincing plan to tackle the twin fiscal threats of its federal budget deficit and federal debt.

Fitch also said that data clearly showed public sector-linked activity had been a key driver of GDP growth for the last four quarters alongside robust private sector activity.

It said that the ratio of federal government debt to GDP reached 51.8 per cent at end-2011 despite strong GDP growth but barring a further deterioration in the global economy, the Malaysian government should be able to meet its 2012 deficit target of 4.7 per cent of GDP.

Fitch added that improving the nation’s fiscal position would be challenging without significant reform to address the cost of fuel subsidies, broaden the fiscal revenue base, or reduce dependence on energy-linked revenues.

S&P’s latest Malaysia report appeared to echo some of those views.

The country’s moderately weak fiscal and government debt profile for the rating category constrains the sovereign rating, it said.

Putrajaya had made some moves towards cutting subsidies last year, but political pressure in the run-up to elections have relegated some of these reforms to the back of the line.

Plans to introduce GST have also been shelved because of fears that it would cost votes for the ruling Barisan Nasional (BN) government.

S&P said it believed Malaysia’s slow fiscal consolidation stems from high subsidies and the relatively weak revenue structure.

“Malaysia depends largely on petroleum-related revenues. The government has been planning to reform the subsidy system and introduce a goods and services tax.

“However, given the political sensitivities, we expect significant implementation, if any, would only be after the general election,” it said.

The agency added that for more than a decade, Malaysia’s economic growth was partially brought about by large public investments — sometimes exceeding that of the private sector — and this had adversely affected the government’s fiscal position.

“However, this pattern might be changing. For example, foreign direct investments (FDI) seem to have bottomed out. Besides, the recent rebound of private sector investments was partially due to the government’s initiatives for the Economic Transformation Programme. If the trend continues, the Malaysian economy could regain its vitality.”

While the Najib administration’s efforts to help tide the country over a rocky global economic environment with a longer term goal of transforming the country to a high-income nation by spending more on salary hikes and kick-starting large infrastructure projects has helped boost GDP growth, analysts have noted that its debt has outgrown revenue since 2007.

Figures from the Federal Treasury’s Economic Reports show that the federal government’s domestic debt almost doubled in the space of less than five years — from RM247 billion in 2007 to an estimated RM421 billion in 2011 — far outpacing its revenues which only grew 31 per cent, or from RM140 billion to RM183 billion, during the same period.

While the Najib administration has vowed not to let federal government obligations exceed 55 per cent of the country’s GDP, there is increasing worry that when government-backed loans or “contingent liabilities” are taken into account, the government’s total debt exposure has already risen to about 65 per cent of GDP last year.

Agree with Stock5678.. since early June till End of August our KLSE in up trend although other countries in 'up and down' mood. This is the way how our government try to 'fish us' to jump in the market.The truth is they only support & push the 30 index link counter to maintain our market performance.
Now look like they are dry of money to support and let it be...

Would not be surprise.. Today is the selling day for Index link counter.. may be gov no money to support since early June till yesterday.
during whole market in Europe,USA and South Asian in down trend we climb up.. they in up trend we also up.. so now time for sliding down..

agree with wak jono.. but the timing not correct.. wait for 1 month and see..

selling day..Malaysia no money for support the Index link counter..

On Monday it up 5 points and on Tuesday it maintain....than today start it start falling down.

Today 5/9/12 selling day...

only straight line almost the time..
it is the sign of our country no money to push up the market?
hehe

time will determine it..

MBSB cc will expired on 10 Sept.. expected the price will 'press' again bay market maker..
nest week we wills see either this stock worth keep or not..

next week we only have 2 day for this share to show up if still 'maintain' than expected to consolidate some more..

the volume look encouraging but the 'wave' still not come in.. however will keep for 1 month to see how as the fundamental look good.
hope there are no bad news flow from USA and Europe region that can shaking our market performance.

dividend is 4.5%(RM45 if u have 1000 unit of MBSB share).. quit interesting..

good result.. so if no bad thing happen to market next week, than we can see this stock price move north. 2 cent per day is enough for me..hehe

may be today not a good day coz 'issuance house' need to fight to press the price for their sake. if they keep it 'free float' they will die.. so we watch for next week.

Just bought RM2.34 X 4000unit.. for see it performance.. hope it maintain today..

Just bought at 0.945.. just cuba nasib..hehehe

everyday find a new support level.

wait for tomorrow.MBSB Cb last day of expired

start moving.. ?

look stable at 0.935, will monitor it for 1 or 2 more days b4 enter.

i think will wait for 2 more days.. MBSB Cb will xpired on 30/8/12.. so issuance house will 'press' some more. may be we can get RM2.30 or below.

today RM2.31..i think we wait until rm2.00 (if 1 day drop 5 cents than next week it price will go to RM2.20 - RM2.00..)