some might say the premium is not worth, but most of us see it so much worth. why? now window dressing for our market for sure, go look at today our malaysia market drop so little? hahah Gov magic is so much to praise. ok now we forecast what happen on Jan'15 n Feb'15. now oil drop until 52.78. the actually value for KLCI index should be 1700. Drop 60 point from current value is simple like ABC on Jan'15. When gov pull back fund. beside EPF also gonna declared div soon. support like for Jan'15 will be down turn. now market up so much on this two week.. try to think logically did Jan'15 market will be better? pls wake up...ok....time for mass down turn will take place. This is why this counter is betting on future value not current value.
GDP result for Q4 is estimated lower than Q3. A visit to http://www.statistics.gov.my/ will tell u that Msia economy is not doing good with the PPI dropping and lowered export revenue from lower oil price. We are now at a trade surplus of merely RM1.2b. Plus, everyone is cautious on the post-GST. BNM may have tighten monetary policies to curb inflation from the implementation of GST. Economy indeed not looking good with 30% of the country revenue is from oil.
simon84,i noticed you have great timing skills.....currently klci january futures is at 10 points discount to cash so friday klci will gap down....with russian rouble plunging again and oil price making new lows regularly all put warrants will shine.
@rchi..thanks ..im waiting for KLCI to reach at my resistance level 1766 as what i had posted last 2 weeks .. TOday is the last day trading for 2014 .. Local FUnd mati2 also want to hold the 1760 level even oil traded below USD55 per barrel.. I entered the market and short KLCI at 4.00pm when KLCI start turning to red ..
simon84,i look forward to your TA guidance on this put warrant. Just some sharing here,according to Hu Li Yang the taiwanese god of stock mode of calculation,wti crude may eventually touch a bottom around the USD27 to USD30 area within a period of 3 to 6 months.Guess what would be the level of klci then.
KLCI today is last show......any weakness from Oil or Dow Jones friday onward KLCI will not support at 1760 level anymore..mean will soon back to 1700 level and follow by 1670 ..
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3006 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
flytothemoon
4,836 posts
Posted by flytothemoon > 2014-12-29 09:26 | Report Abuse
why those professionals trying so hard to do analysis? help us earn money? of course not, only goal is suck our money to their pocket...