I guess Mrnobody has sold all shares in whatever counters, so he is cool to watch as the market crashes, last thing he wishes is the stocks he sold rebound strongly, because that it will make him feel bad for opportunities missed.
Heavy selling last week ‘nothing to be worried about’, says UOB
KUALA LUMPUR (May 28): The heavy selling pressure that Bursa Malaysia witnessed in the last week is "nothing to be worried about" and is a signal of a period of consolidation for the local equity market, said UOB Asset Management chief executive Lim Suet Ling.
Lim said the FBM KLCI could fall to the 1,700-point level in the first half of the year before rebounding, when corporate earnings catch up to valuations, global oil price stabilises and consumer sentiment recovers.
"We expect the second half of 2015 to look better for the equity market and corporate earnings," Lim told reporters during a media round table here today.
At current valuations, Lim said Malaysian equities are generally fairly valued but not yet a bargain.
However, she said investors can still look for a good bargain among second-liner stocks, which has strong earnings growth potential, adding that she favour construction and technology stocks.
"Malaysia has traditionally been very defensive, so it is not as volatile as other markets. It is also one of the markets which offer good dividend yield and that attracts investors," said Lim.
Just ignore Mr Nobody, - a pure retard in the forum, frontken will make profit this quarter for sure, and it will be much much better compared to q1 last year, even though thats the case, this is lightly to be contributed by tanjung bin project which will end on this month. Going forward, frontken would not have this project to sustain its earnings, therefore not much upside for this except they wanna goreng, recommend you guys to switch to better counters like IFCA/MYEG/or any exporters to hide
Stock: [IFCAMSC]: IFCA MSC BHD May 26, 2015 05:15 PM | Report Abuse
Haha, lets ignore all these stupid comments and move on, i have alerted most of forumers to grab when ifca is below 1.50, last minute sell down cause of some trader that close their trades for the day, fundamental still in tact, looking to a better quarter 2, looks like rm2can only be achieved after q2, lets just wait
Stock: [IFCAMSC]: IFCA MSC BHD May 26, 2015 09:59 AM | Report Abuse
Told you guys all the ghost will disappear today, yesterday i have alerted you guys to buy, hope you didnt cut loss, lets move to rm2
Stock: [IFCAMSC]: IFCA MSC BHD May 25, 2015 11:03 PM | Report Abuse
Checked previously, everytime Ken buys IFCA, stock for sure rally 30-50% in 2-3 months, at RM1.53-RM1.60, Ken bought back 500,000 shares, Ken is a smart fella, if without 30-50% upside, do you think he will put his money into IFCA?
Stock: [IFCAMSC]: IFCA MSC BHD May 25, 2015 08:04 PM | Report Abuse
As i told you today is the lowest and tomorrow is a green green day, people just panic for nothing, if accounts are falsified they wont sign off their quarter report and annual report 2014 wi not be audited, go check their website to get their latest audited accounts, cheers to believer of ifca only! Ignore all the bs comments, people are trying to inflict fear on you only
Tomorrow will be another exciting day for ifca, ceo just say thank you for buying 500k shares
Stock: [IFCAMSC]: IFCA MSC BHD May 25, 2015 09:08 AM | Report Abuse
Good day, i love all the bears, give me opportunity to buy haha, tomorrow will be green green day, mark my word
For optikus the moron; shares were dropping as there was some panic in most markets as the Shanghai Index dropped 6.5% today. Nothing to do with the tall tale loser spinning. Only appear to mock people. He appears in all the forums here because he has nothing to do. Lost tons on Ho Hup
With its recent year positive FCF and recent DCF valuation of ard Rm0.38-0.46, I think it's still a good buy after it reverses from the peak. Of coz, it depends on the 'coming out soon' result
I think prices will no longer move down and even if the qr were to be a little under expectations it might even continue to hold firm or move up. This is because of disappointment with the non release of the qr. All sorts of negative expectations set in consequently.The fact that pxs moved back up to test 28 was a good sign that the stock would at least hold despite the current circumstances.
Despite not holding anymore, i still believe in this counter, good prospects on TSCM chip-making. Massive selling today was related with the index sentiments due to Hang Seng collapse. But this counter manage to stay above support. If tomorrow morning is good, I will bot some also. Cheers :)
because they can, look at previous years QR. They have release report as early as 20th may and as late as 28th may. Historically, Frontken reported losses early before around 20th may and there is profitable quarter but the QR was released on 28th may. The date of the release of QR got no correlation with the result.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Joel
4,580 posts
Posted by Joel > 2015-05-28 16:48 | Report Abuse
313 counters up...from 200 (counters started rebounded)
good sign for tomorrow...I hope so.