Posted by wisdomtot > 2013-10-26 16:13 | Report Abuse

Temporary slowdown, knee jerk reaction ..possible, because this is what market chose to believe... BUT....
1. market has short term memory...
2. market already expect RPGT increase even before the budget is announced, which means it could have already been priced in.
3. impact to property sector not as bad as expected. Stamp duty, LTV remain unchanged.
4. and do not forget GST implementation in 2015 will drive market to believe property is the best vehicle to hedge against inflation... which translates to sales...
All these factored in, property sector certainly does look bright in the mid-term... just my 2 cents.

Posted by bsngpg > 2013-10-26 16:48 | Report Abuse

OK, please allow me to talk something light and without much thinking.

Before budget, MSing at 2.40 has been discounted for says 10% in anticipation for negative ruling such as RPGT etc. With the announced “not too bad”ruling, the WORST impact in next week is another 5% downward adjustment which brings MSing to 2.28. At 2.28, MSing has factored in the negative news or is in neutral position, thus it will follow the trend of the market thereon.

If unfortunately MSing dares to drop 10% to 2.16, I will buy more for the 4.2% yield with the expected 9sen dividend next year.

Hopefully the above pessimistic view does not take place instead something optimistic happens, such as the new ruling is deemed neutral and MSing catches up the lagged 10% to 2.64. Ha! Ha!. Anyway I am not going to sell at 2.64.
Happy weekend.

Posted by ijanto > 2013-10-26 17:03 | Report Abuse

nice view... we will see monday.... if drop more than 10% i will sell and put in o&g counter to get back my money...hopefully

Posted by davidkkw79 > 2013-10-26 17:12 | Report Abuse

Budget 2014 will hit hard to local property industry
by J&J author.

We think the approach is too hard even though we do not agree to sky
rocketing property’s prices. The root is whether it is speculative or other reasons that caused the price hike. We feel that it is because cost is increasing and developers have transferred the cost to consumer. Also as it is a highly related fact to quantitative easing strategy by most central banks all over the world.

If the second objective is to collect more taxes to balance the budget. We feel simply a 2-3% stamp duty share by both buyers and sellers may have achieved the goal plus mildly reduce speculative activities.

If property market react heavily to the approach and this may impact all chains related to property industry and we believe is quite widely spread.

Posted by bigFAT > 2013-10-27 15:09 | Report Abuse

tomorrow knee jerk reaction expected..tomorrow may reach RM2.05

Posted by ccs999 > 2013-10-28 09:40 | Report Abuse

no eye see

Posted by sephiroth > 2013-10-28 09:41 | Report Abuse

pls go down to 2.00 for a very delicious meal

Posted by Kok Leong > 2013-10-28 09:52 | Report Abuse

haha, below 2.00 will take 2 weeks to reach ....not so fast , anyway , if drop 2.00 , can buy and keep .....

Posted by FreeThink > 2013-10-28 09:54 | Report Abuse

i will kidnap his son at 0.45...hehe

Posted by sephiroth > 2013-10-28 11:00 | Report Abuse

son in iceland (0.625), how to kidnap, many hours of flight (0.625 to 0.45) to reach there and get freeze

Posted by FreeThink > 2013-10-28 11:10 | Report Abuse

If mother at arctic drop to 2, sure son can reach 0.45...yummy

Posted by oasischeah > 2013-10-28 11:10 | Report Abuse

What is the knee jerk reaction expected tomorrow? Can anyone give a brief explaination?

Posted by sephiroth > 2013-10-28 11:13 | Report Abuse

share price drop only 2.9-3% as most negative news already price in few months ago, will stabilise and move pass 2.40 by wed

Posted by FreeThink > 2013-10-28 11:13 | Report Abuse

You grab mother, I kidnap son...hehe...win win

Posted by sephiroth > 2013-10-28 11:15 | Report Abuse

mother and son also sapu, DOUBLE win

Posted by Kutty123 > 2013-10-28 11:55 | Report Abuse

wah, drop so much....

Posted by FreeThink > 2013-10-28 11:57 | Report Abuse

kutty, wanna join us to kidnap son & daughter...and throw old mother to sephiroth! hehe

Posted by bsngpg > 2013-10-28 12:04 | Report Abuse

Unless for short term trading, else you will lose ~4% dividend per year on Wa.

Posted by sephiroth > 2013-10-28 12:11 | Report Abuse

FreeThink, let's rephrase from mother and son to sister and younger sister, very smooth

Posted by FreeThink > 2013-10-28 12:13 | Report Abuse

sephiroth, i thought u addicted to old lady : )

Posted by bigFAT > 2013-10-28 17:28 | Report Abuse

more downside than upside...no more indiscriminate speculation...no easy makan atas angin anymore...for property speculators
---
todays downfall for property stocks are too little...correction not done yet

Posted by timl > 2013-10-28 18:08 | Report Abuse

bigFAT, ur expected price "tomorrow knee jerk reaction expected..tomorrow may reach RM2.05" is not met or not even close.. u can go n jerk urself off now and stop posting on all the property counters and create unnecessary fears.

Posted by Fortunebull > 2013-10-28 18:11 | Report Abuse

Bigfat may be right! Better sideline on property counters! Lucky i sold uems! Back to my original buy price today! Mahsing soon back to my original buy price before went up 2.40!

Posted by midtermtrader > 2013-10-28 18:14 | Report Abuse

keep away from property stocks temporary.

Posted by sephiroth > 2013-10-28 18:27 | Report Abuse

i thought today can reach at least 2.20, damn disappointed, tomorrow below 2.00 pls

Posted by dknycom > 2013-10-28 18:30 | Report Abuse

not too greedy for rm 2.20. rm 2.30 considered a good buy today.
targeting rm 2.60 in near terms. November.

Posted by bigFAT > 2013-10-29 00:07 | Report Abuse

don't worry mr sephi your wish will not only come true...u will also get additional value added...extreme discount...RM 2 is nothing...wait for durian jerk ..kihkih

Posted by Carlsraj55 > 2013-10-29 09:20 | Report Abuse

Not to worry, property will rebound therefore it will be good for long term investment. Buy when the price is down.

Posted by sephiroth > 2013-10-29 15:04 | Report Abuse

anbz/bigFAT, r u gonna put this in every property counter misleading everyone

Posted by FreeThink > 2013-10-29 15:26 | Report Abuse

semuk (anbz) sakit jiwa...u r so sick and memalukan u sendiri

Posted by Kutty123 > 2013-10-29 15:29 | Report Abuse

bigfat= fortunebull=anbz

Posted by FreeThink > 2013-10-29 15:38 | Report Abuse

BEWARE of these IDs:
bigfat = anbz = jenabchen123 = limkitsiang = ladzatz = andygan

Posted by Saturn > 2013-10-29 15:39 | Report Abuse

Kakakaka aka.......good one

Posted by Kutty123 > 2013-10-29 16:40 | Report Abuse

kanasai..kept dropping

Posted by FreeThink > 2013-10-29 17:11 | Report Abuse

cheh, 2sen only mah...no need to shout

Posted by davidkkw79 > 2013-10-29 17:14 | Report Abuse

shit, drop again ! what the hell

Posted by DJDJ > 2013-10-30 10:04 | Report Abuse

wow today Mahsing lao sai again.

Posted by FreeThink > 2013-10-30 11:02 | Report Abuse

daughter below 0.60...come come come

Posted by Noob Listener > 2013-10-30 13:09 | Report Abuse

Looks like I cutloss at the right time

Posted by bigFAT > 2013-10-30 15:57 | Report Abuse

aih saturn...here pun ada? habis...most property counters are red...tomorrow will continue?

saturn = grandma

Posted by bigFAT > 2013-10-30 15:59 | Report Abuse

freethink= bingo = jango = harapanbaru= ba##hutan=.......countless

Posted by wisdomtot > 2013-10-30 17:25 | Report Abuse

UEM also same fate... noticed a couple of other property shares already started to pull back.. hopefully is Mah Sing's turn next..

Posted by FreeThink > 2013-10-31 14:59 | Report Abuse

Kidnapping PLAN A - waiting at 0.535, PLAN B - 0.45

Posted by Kutty123 > 2013-10-31 15:30 | Report Abuse

no need to kidnap Msing son..u buy, lock your cash, u being kidnap..hehe

Posted by louise123 > 2013-10-31 17:17 | Report Abuse

it seems everyone is waiting for the son to drop to below 0.50 :)

Posted by nicholes > 2013-10-31 17:50 | Report Abuse

buy ah like nobody cares.

Posted by bone > 2013-10-31 18:41 | Report Abuse

switch my holding to amprop before budget ... and I'm thankful i made the right choice

Posted by stephencheong1234 > 2013-10-31 23:08 | Report Abuse

mahsing will bound back from the view of technical analysis...lets wait and see am i correct :)

Posted by DJDJ > 2013-10-31 23:51 | Report Abuse

Stephencheong1234 how to say? Please share more if you have time, thanks!

Posted by lwalk > 2013-11-01 14:49 | Report Abuse

wow mahsing is back to my previous buy price before i let go..