Posted by jeffchan1901 > 2 months ago | Report Abuse

Market cap of top 100 Bursa companies up RM175b year to date, more upside expected - The Edge

theedgemalaysia.com/node/710790?fbclid=IwZXh0bgNhZW0CMTAAAR0mFOXXAPRLwU2vkDdh7_jaq5vDwx4y8cGp8yGgMtYBco62tE0Cwzql2Uk_aem_AfqLRkmFeguCGhaJL5oIa11aX_AbUrQoeRMnQAJUCQAxL2mGlNxPUvvBlaI54sIxhwttwrA0VoMtg5weNwdQdpv0

Posted by jeffchan1901 > 2 months ago | Report Abuse

Nice 9.84 already. Btw who has been collecting 105 non stop transaction since 10.59am? nibble nibble.. buying strenght at 65% - will drop soon as it reaches the 70%... be careful guys. another 'catch and release' tactic by sharks?

Posted by speakup > 2 months ago | Report Abuse

https://focusmalaysia.my/engage-launches-freedom-fund-2-0-to-crowdfund-for-clare-rewcastle-brown-gerakbudaya-and-vinlee-press/
pls donate

Posted by stkoay > 2 months ago | Report Abuse

https://www.freemalaysiatoday.com/category/business/2024/05/10/bursa-holds-steady-above-1600-for-fourth-straight-day/

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng noted that the key regional indices ended mostly higher, buoyed by the improved US labour market conditions, a weakened dollar and renewed global rate cut optimism.

On the home front, he said the long-term outlook remains positive, driven by strong corporate earnings, cheap valuations, and substantial support from foreign investors.

“While the benchmark index is in a consolidation phase following recent gains, we consider this a positive correction.

“It enables the market to absorb the recent uptrend, presenting an advantageous opportunity for stock accumulation at reduced levels,” he noted.

Posted by DividendGuy67 > 2 months ago | Report Abuse

Inches to test 9.88 high

Posted by stkoay > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/711185

Posted by jeffchan1901 > 2 months ago | Report Abuse

@stkoay thanks for sharing. apparently according to remisier a lot have took profit of YTLP warlier this week,

Posted by stkoay > 2 months ago | Report Abuse

KLCI at 1600....

....unity government did well in KKB by election...

...."higher" is to come, I guess :)

Posted by stkoay > 2 months ago | Report Abuse

13 sen to RM10...
....from RM10, each bid will be 2 sen,
...buy before it broke 10 :p

Posted by stkoay > 2 months ago | Report Abuse

But no worries,
...if it breaks 10, then may be can buy the No.2 (by assets value) :p

Posted by jeffchan1901 > 2 months ago | Report Abuse

Had wanted to buy before it broke 1600 mark but all good as finally happened on 2nd day it broke the 1600 level. More blessings from Harimau to come.

Posted by stkoay > 2 months ago | Report Abuse

We maintain our view that the FBMKLCI is in a new major bull cycle that started in March 2020, after witnessing a downcycle from July 2014 to March 2020. Like previous upcycle that started from October 2008 low of 801.27 and ended higher at 1896.23 in July 2014, we believe the FBMKLCI is in midway of another major upcycle that will propel the benchmark index to a new high (historical high is 1,896.23 and it is possible to rise beyond 2,000 points) before the next general election in 2027. Major catalysts will be the structural reforms that will improve the nation’s financial standing, the huge inflow of foreign direct investments in growth sectors, resilient domestic spending aided by job security and policy measures, and strong corporate earnings growth. These factors should attract greater foreign participation as the US rate cut possibilities rise as the current foreign shareholding of 19.6% is low compared to an average 23.2% between 2014 and 2019 before volatile domestic political conditions eroded investor confidence.

Source: TA Research - 13 May 2024

Posted by stkoay > 2 months ago | Report Abuse

Who bought the BIG stake from PNB on 9th and 10th ??

Posted by stkoay > 2 months ago | Report Abuse

PNB has net sold 49m shares since 26th February....
....wonder who bought ??

Posted by stkoay > 2 months ago | Report Abuse

Ikan billis bought from big institution and price is up?
....wakaka....LOL

Posted by DividendGuy67 > 2 months ago | Report Abuse

Thanks to MAYBANK and other greens offsetting reds, my portfolio made new all time high again today! May has been a great month, it's the 6th time it made new all time highs.

Anyway, as it approaches RM10, the perennial question that always come up is - should I sell if I already has 20% price gain.

I blogged about it here in i3. Short answer for me is a clear no. As usual, you are responsible for your own investment decisions.

Posted by ooihk899 > 2 months ago | Report Abuse

Last week, foreign fund buying, Local fund n billis selling.

Posted by yongmin > 2 months ago | Report Abuse

buy ytlpower aeoncr cimb genting maybank ihh TP RM 10

Posted by stkoay > 2 months ago | Report Abuse

Ha ha ....no have liao, busy busy post negatives LOL

Posted by stkoay > 2 months ago | Report Abuse

@speakup, you sold CIMB at 6.24, now 6.78 so high, why no go and post negatives?
LOL.....

Posted by stkoay > 2 months ago | Report Abuse

Posted by speakup > 2024-02-02 11:12 | Report Abuse

My remiser advise speakup lock some profit since speakup bought cheap 3.80, so sold some at 6.24

Posted by stkoay > 2 months ago | Report Abuse

...seasoned investor.....still trade thru remiser ah?
....haha.....

Posted by stkoay > 2 months ago | Report Abuse

...so lau ya.....now ppl trade by just pressing keyboard leh.....haha.

Posted by stkoay > 2 months ago | Report Abuse

....no wonder so ah pek style.....haha...LOL

Posted by stkoay > 2 months ago | Report Abuse

Ha ha, ya ka?
..please show us your positives post..after you no have liao...

Posted by stkoay > 2 months ago | Report Abuse

Haha.....@speakup deleted his/her post....and make me seems like talking to myself..
.....LOL

Posted by jeffchan1901 > 2 months ago | Report Abuse

aiyoh ignore this fella la... he goes around talking off topic in other forums as well like some ADHD fellow. let us make our $$$. ignore these trolls

Posted by stkoay > 2 months ago | Report Abuse

So senior in the forum, joined 10 years ago but still behave like newbie....talk negative after selling and promote after buying.....so naive, thinking he can moves prices....haha.

Posted by stkoay > 2 months ago | Report Abuse

Our Harimau consolidating and resting at 9.90 ??
.....very good
....waiting 1Q report for next move...
....if it's good then continue uptrend, if so so then will continue to consolidate and wait for next dividend :)

Posted by stkoay > 2 months ago | Report Abuse

Wow....

Posted by Mabel > 2 months ago | Report Abuse

https://www.malaymail.com/news/money/2024/05/16/bursa-malaysia-at-highest-level-since-march-2022-rate-cut-hopes-boost-global-sentiment/134733

Among the heavyweights, Tenaga Nasional rose 26 sen to RM12.66, while Public Bank, Maybank and YTL Power bagged four sen each to RM4.19, RM9.92 and RM5.18 respectively.

Posted by jeffchan1901 > 2 months ago | Report Abuse

luckily managed to buy a sizeable amt at 9.78, as the windows of opportunity was closing as just entered the 1600 points. Missed earlier to collect when it dipped to 9.63. anyone still waiting?

Posted by Mabel > 2 months ago | Report Abuse

Well done Jeff!

You the man!

Posted by stkoay > 2 months ago | Report Abuse

@jeffchan1901, yes, someone said below 9....so, must be still waiting.
....but even if it's below 9, I doubt this PBB fanboy will buy...
....just kong song song bcos he no have....haha.

Posted by stkoay > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/711983

KUALA LUMPUR (May 17): Malaysia’s economic growth accelerated faster than expected in the first three months of 2024, thanks to higher household spending, stronger investment activities, improvement in labour market conditions, and higher exports and tourist arrivals.

Gross domestic product grew 4.2% year-on-year (y-o-y) in January-March 2024 when compared to the same period in 2023, Bank Negara Malaysia announced on Friday. The reading is higher than the median estimate of 3.9% y-o-y growth in Bloomberg's survey of economists.

Posted by stkoay > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/712031

He reiterated that the government and BNM had taken coordinated actions to encourage consistent flows into the FX market, such as encouraging repatriation and conversion of foreign investment income by government linked companies and government linked investment companies, actively engage corporates and exporters to convert their export proceeds and foreign investment income, and monitor conversion of export proceeds and import payments.

Posted by stkoay > 2 months ago | Report Abuse

Yes, hope GLIC will repatriate more investment income back home...
....and park in high dividend heavyweights....

....Cheers,
Happy Weekend.

Posted by jeffchan1901 > 2 months ago | Report Abuse

@stkoay actually equity investing is not complicated compared to crypto. in stock investing, the information and signs are aplenty. the trick is separating the gems from the rubbish in information. you see Madani government already directed EPF to invest more locally to boost economy - the multiplier effect comes into play. also, when price suddenly goes up all of sudden, something must be happening behind close doors e.g. MAHB - prior to announcement of buy back, the price kept climbing for few weeks, obviously the stake holders are in the know and would suddenly buy without triggering the limit up. same happened to YTLP. you suddenly see directors start buying back in dec 2022, you know that something is up. true enough in april 2023 when the NETR was again pushed by the govenment, the stock flew. i bought it back in June 2022 when i noticed that the price was 2d lowest at 0.67 compared to April the same year at 0.45. and the RE business is definitely the way forward. the global energy business is an important one. so same like banking. its stable in good times and unless some unforeseen happen, unlikely to fail. BNM is quite good i managing the country's finances. the last part is the guts and means factor - you must have the courage and resources to go in when the time is right. this is based on your stock investing experiences, something you will develop if you invest and monitor long enough. oh and one more thing. one cannot be too emotional when it comes to investing. To quote Meja:

"It's all about the money"

Posted by jeffchan1901 > 2 months ago | Report Abuse

@mabel thanks. glad to see you are also finding success in 'the other stock' too

Posted by stkoay > 2 months ago | Report Abuse

For those who have sold, it's time to buy back.
The BULL RUN has just started, DON'T miss the boat.

Posted by Pinky > 2 months ago | Report Abuse

Why sell at the first place?

Posted by stkoay > 2 months ago | Report Abuse

We maintain our view that the FBMKLCI is in a new major bull cycle that started in March 2020, after witnessing a downcycle from July 2014 to March 2020. Like previous upcycle that started from October 2008 low of 801.27 and ended higher at 1896.23 in July 2014, we believe the FBMKLCI is in midway of another major upcycle that will propel the benchmark index to a new high (historical high is 1,896.23 and it is possible to rise beyond 2,000 points) before the next general election in 2027. Major catalysts will be the structural reforms that will improve the nation’s financial standing, the huge inflow of foreign direct investments in growth sectors, resilient domestic spending aided by job security and policy measures, and strong corporate earnings growth. These factors should attract greater foreign participation as the US rate cut possibilities rise as the current foreign shareholding of 19.6% is low compared to an average 23.2% between 2014 and 2019 before volatile domestic political conditions eroded investor confidence.

Source: TA Research - 13 May 2024

Posted by stkoay > 2 months ago | Report Abuse

Total volume traded breached 4B shares at 11.27am.
Gainers lead losers by 818 to 331.

Posted by stkoay > 2 months ago | Report Abuse

Posted by Pinky > 9 minutes ago | Report Abuse

Why sell at the first place?

_____________________________________________________________________________

Bcos fear of war :p

Posted by stkoay > 2 months ago | Report Abuse

Was trading at 9.70 on 19th April.....now at 9.96, already up 2.6% :)

Posted by stkoay > 2 months ago | Report Abuse

Posted by Pinky > 9 minutes ago | Report Abuse

Why sell at the first place?

_________________________________________________________________________

The "no have" promoter said it was smart to sell at that time
...haha LOL

Posted by stkoay > 2 months ago | Report Abuse

The "2 sen" bid is getting so close, wonder if it will happen today??

Posted by Mabel > 2 months ago | Report Abuse

jeffchan1901 @mabel thanks. glad to see you are also finding success in 'the other stock' too
18/05/2024 10:08 AM

Indeed! Our Tiger will be touching RM 10.00 soon..

To Our Success !

Posted by stkoay > 2 months ago | Report Abuse

Wow...touched 10 at 12.05 pm

Posted by yewnamhung > 2 months ago | Report Abuse

Well done RM10.00