Hi Sis tsy88, I didn't manage to get anything yet. Price up too fast.

Good Morning Bro Yong

Good Morning ALL Bro & Sis

Bursa remains positive at midday
Publish date: Thu, 13 Aug 2015, 04:49 PM

KUALA LUMPUR: Bursa Malaysia remained in positive territory at mid-day today lifted by continous buying in blue-chip counters amid the announcement of Malaysia's positive gross domestic product, dealers said.

At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 16.19 points or one per cent to 1,626.12 after moving between 1,605.46 and 1,626.12 throughout the session.

Nestle topped the gainers list, adding 58 sen to RM72.50, followed by Top Glove which rose 40 sen to RM7.60, while Sam Engineering added 35 sen to RM4.84, Kossan gained 27 sen to RM6.76 and Inari went up by 24 sen to RM3.13.

Bank Negara Malaysia today announced that Malaysia's economy grew moderately at 4.9 per cent in the second quarter of 2015, and in line with other Asian economies which also grew at a moderate pace in the current economic situation.

The central bank's governor in her announcement said the Malaysian economy is expected to remain on a steady growth path.

:)

Aiyoh Bro Duit, pls also share with us your CI reading lah

Hi Mr.OTB, is this a common practice to suspend a counter's trading first before they take a project? Is this to limit up the share price?

"
Ooi Teik Bee > According to my source, Gamuda will be awarded MRT project in Penang. Hence Gamuda is not interested in LRT 3 project. Suspension of Gamuda trading tomorrow is due to MRT project in Penang.
Gkent/MRCB will get LRT 3 project.
Do you believe my news ?
Let us wait and read this news later.
Thank you.

13/08/2015 20:04"

noted with thanks Mr.OTB

"Ooi Teik Bee > Gamuda is not interested in LRT 3 project. Gamuda recommends this project to be given to Gkent/MRCB.
Believe my news ? Let time tells us.
Thank you.

13/08/2015 19:43"

noted with thanks tsy88

tsy88, u in HK again eh? not too high kah at current price?

AR? u uncle kah??

" Posted by twobits > Aug 13, 2015 05:01 PM | Report Abuse

Yongyou: dont call me bro lar... uncle
more suitable!
"

Good Bye ALL

thanks bro 2bits

thanks Bro Yong

" Posted by yong888 > Aug 13, 2015 03:59 PM | Report Abuse

yongyou,

Below 1550,.... ?? YY, OK, I will do a re-counting and relook at the FA / TA, and the summative indicators again this 1-2 days, and I will let you know promptly then....

Happy trading
"

:D

VS and LIIHEN really good moving one.

tomorrow Friday oh.

Bro Yong

after hitting your 1550, where is the next direction?

" Posted by yong888 > Aug 13, 2015 03:26 PM | Report Abuse

hi, ah con,

ooh, as stated yesterday, i mentioned 1625 be the tr, as the present Indicators are showing exhausting signs, the klci may continue southbound sooner,... then 1590 is the next support, if breached, 1550 will be sighted rather early.
"

Hi yong888

thanks for sharing bro Skyhawk

" Posted by skyhawk > Aug 13, 2015 12:15 PM | Report Abuse

Good afternoon connie,duit,twobits n every1...

expecting TR trading range 1654~1668...n tis wave C is expected not to go lower than 1594 lor :):):)
"

Hi Cherry

Hello Fardar

Published: Thursday August 13, 2015 MYT 12:01:00 PM
Updated: Thursday August 13, 2015 MYT 2:00:12 PM

Zeti: I’m staying on

KUALA LUMPUR: Tan Sri Zeti Akthar Aziz (pix) has quelled speculation that she may be resigning as Bank Negara Malaysia Governor.

"I will remain in office until my term ends. It's a five-year term and my term ends in April next year," she told the press at a briefing at Bank Negara's headquarters Thursday morning.

When asked if she intended to remain in her current position beyond the expiration of the term she replied; "Right now, I'd say I'd like to write a book upon my retirement".

"I would have been in office for 16 years and also completed 35 years of service to Bank Negara and the country. I believe it is a solid institution and will go on to greater heights," said Zeti.

She denied that she had suffered a heart attack and was hospitalised for it, giving rise to rumours she would quit.

Published: Thursday August 13, 2015 MYT 1:21:00 PM
Updated: Thursday August 13, 2015 MYT 1:54:23 PM

Zeti: I'll sue those spreading rumours

KUALA LUMPUR: Tan Sri Zeti Akhtar Aziz (pic) has warned she will seek out and sue those spreading rumours about her and Bank Negara Malaysia, over issues surrounding 1Malaysia Development Berhad (1MDB).

"There is no truth to these allegations against me personally and the bank, said the Bank Negara Governor.

"Many of these allegations are made by anonymous people. We will seek out to identify who they are and take further legal action on them.

"Right now we do not know who they are. We have some ideas, follow-up leads as to who they are, but they have been anonymous so far," she told the press at a briefing at the Bank Negara headquarters Thursday.

When asked about the US$700mil that was deposited into Prime Minister Datuk Seri Najib's personal account, Zeti said she could only speak within the confines of the law.

"Otherwise the moment I step out of this door, I will face arrest for talking about individuals' accounts. I am sure you do not want that to happen," she joked.

"Because of the ongoing investigation into 1MDB, we have shared information we have relating to any relevant accounts to enforcement authorities.

Zeti added Bank Negara was not an enforcement body and could not take action against any alleged wrongdoing.

"Therefore, we shared the information provided to us from local banks or counterparts in other countries. The enforcement authorities have the info," she said.

She explained that the formal investigation into 1MDB announced in June had been completed, and the investigation papers were submitted to the Attorney-General earlier this week.

"The financial institution is supposed to conduct due diligence, and if everything is in order, they will not inform us.

If they find something suspicious, they will have to submit a Suspicious Transaction Report (STR) to Bank Negara and we will then be aware of it," she said.
When asked if there was such a report, she said; "We are investigating the compliance of the financial institution to this requirement and this is all I can say about it at the moment".

Zeti also said police had questioned Bank Negara seven officers, but she had not been questioned as she just returned home from the United States.

When asked to specify the nature of the investigation, she said; "it is on the purported leakage of information, and it was (carried out) by the police. Bank Negara will always co-operate with law enforcement agencies".

Hi ALL, any good news?

:D

Bro SEP also got many alienware

" Posted by dragonking > Aug 13, 2015 10:48 AM | Report Abuse

I know i had to look for greener pasture,,,cannot compare with my boss sephiroth,,,he got size, length and substance$$$$,,,keke...
"

Bro TM, now I buy stocks based on FA. Coz in my mind, good FA counters shall not affect much. :(

Last time, I trade based on hit-and-run.

noted with thanks Bro TM

Bro TM, this TR is only for today? Look like not so strong.

Hello mslee81, how r u doing?

Bro DUN, just wanna to try collect at lower price mah

" Posted by Dunknow > Aug 13, 2015 07:30 AM | Report Abuse

good mornign yy..
haha,regret?i dun know lar,but if u keep changing the price,mean u dun know or not sure what u want ler....while we cannot totally predict,at least enter at ur comfortable level lor....kakaka...huattt arr
"

Dingding already in FrontKN?

tsy88, do you meant this one??

FRONTKEN CORPORATION BERHAD (“FCB”) - WITHDRAWAL OF ARES GREEN TECHNOLOGY CORPORATION FROM THE TAIWAN GRETAI SECURITIES MARKET (“PROPOSED WITHDRAWAL”)

tsy88, wat frontkn IPO?

thanks for sharing

Bro DUN, if gkent recover today, me really regret. Yesterday I Q 1.20 then changed to 1.13. Coz I saw the CI going down again mah.

:(

Morning Bro Simon84

Good Morning ALL Bro & Sis

Salahuddin Rahim

August 12 at 11:12pm


Ringgit weakness is temporary

The current weakness of the ringgit, mainly attributed to external factors including the soft commodity prices and a slowdown in China's economy, is temporary, say experts.

Inter-Pacific Research Sdn Bhd Head of Research Pong Teng Siew said Malaysia was very dependent on commodities including crude oil and the sharp decline in prices would eventually have an impact on the government's revenue, thus pushing investors to take a cautious stance.

Today, the ringgit closed at 4.0375/0415 against the US dollar.

"Initially, it (decline in the ringgit) was nothing more than on the premise that the United States (US) Federal Reserve is expected to increase interest rates. That move strengthens the US dollar but we become weaker than other currencies.

"Then came the decline in commodity prices, which resulted in more pressure on the local unit," he said.

As for measures to curb the ringgit slide, Pong said,"Just let it weaken and perhaps the export factor in the economy would benefit from a stronger trade surplus. Over the longer term, some form of equilibrium will be established."

Oxford Business Group Regional Editor Paulius Kuncinas said although the domestic political headwinds had somewhat contributed to the decline, the situation was not alarming.

"We are not seeing a full-blown crisis. The domestic situation might result in a slowdown and a little correction (due to it), but we should not be too alarmed about that," he said.

Hence, the current situation is temporary and the ringgit will recover in due course, said Kuncinas.

"It will trade in a range of between 3.80 and 4.20 against the US dollar this year and start recovering in early 2016," he said.

Meanwhile, a weaker currency was often seen only in the negative perspective amid its knock-on effects on imported components, including food and construction materials, which would translate into higher inflation, said another analyst who requested anonymity.

"But there is often a flip side to it although not broad-based," he said, adding that in a worst-case scenario, Bank Negara Malaysia could implement policy measures to contain the situation."

However, he believes that the situation will not go to that extent.

"People are so quick to compare the current decline in the ringgit to that of the 1997/98 financial crisis, but they fail to recognise the difference in the country's economic fundamentals, which is far better now," he added.

Recently, Minister in the Prime Minister's Department, Abdul Wahid Omar, had said the weakening of the ringgit did not reflect the country's economic fundamentals.

He said the local banking system was sound and economic activities still intact to drive growth.

"Back in 1997 and 1998 (during the Asian financial crisis), we were hit very badly," he said, adding that many factors affected Malaysia then, including the trade deficit, reserves falling below US$30 billion and high gearing among companies, some of which were exposed to foreign currency borrowings.

To recap, the country's gross domestic product (GDP) contracted by 7.4 per cent in 1998 compared with a GDP growth of 4.5 per cent expected this year, while bank lending rates were 13.53 per cent then against 4.57 per cent now.

Malaysia's foreign reserves in 1998 were only at US$20 billion with trade balance running in deficit.

As at July 31, 2015, reserves stood at US$96.7 billion, which were sufficient to finance 7.6 months (1998: 2.6 months) of retained imports and 1.1 times the short-term external debt.

The Malaysian economy would also benefit from the spillover of the strong infrastructure activities in the region, Kuncinas said.

The Asean Economic Community is an important event this year and advanced economies including the US were looking seriously at ASEAN for the first time, he added.

- Bernama

Enterprise Value, or EV for short, is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization.

EV = market value of common stock + market value of preferred equity + market value of debt + minority interest - cash and investments.

Bro Rikki, thanks for sharing

:(

:(

:(

:0

"hooi > Bought Scomi at 0.170

12/08/2015 12:14 '

Good Bye ALL Bro/Sis, see you all again tomorrow

Bro Skyhawk :D

:)

" Posted by Dunknow > Aug 12, 2015 03:05 PM | Report Abuse

Dear All,
I guess we need to stop it now...if not it wll lead to crash...
Since everyone have jump ot from HK,it's time we pray for stop!

Scare die me liao...Melting like no tmr...
"

ya lor, if jump in now, very high risk

" Posted by sunshine55 > Aug 12, 2015 03:01 PM | Report Abuse

Sis Connie n frens...we have long awaited for HK to boom but now most of us have jumped off the boat too early missing the big wave...sad day... :(
"