KLSE Is Off For 2 Day To Celebrate Hari Raya

KLSE Is Off For 2 Day To Celebrate Hari Raya.
KLSE will re-open on 03 OCT 2008 (FRI) and I will start work again on 06 OCT 2008 (MON).

Happy holidays

Continue to hold quality KLSE share and do not panic, keep cool.

US$700bil George Bush money did not get through

US$700bil bailout did not get through, Bush with his chronies Bernenke and Paulson are lying to the public again by using fear and panic to force the congress to agree to a plan which is ill conceived. They have got the media behind them to brainwash the public. Look like this time the congress is not buying Bush idea.

Actually this plan is not in the public's interest but in the interest of the super rich, the well connected and the banking establishment. The insiders will engineer a stock market panic to scare the public into agreeing with their plan. The super rich insiders will buy the shares sold by the sheep who are caught up in fear and doom and gloom, after that rescue money go in to buy their super rich shares with high prices. Again and again the process go to make money for the super rich in US.

I think end of Nov 2008 after Obama win in the election, thing will start to change and slowly market will full with good news to prevent panic selling. Now it is good time to buy some quality shares in KLSE.

Today's Market Preview (30-09-2008)

Off Market Transactions On KLSE (29 September 2008)

Stock	Dir-Vol	Dir-Val	Av-Price
ENVAIR	8,955,942	2,006,131	0.224
ESCERAM	4,548,900	523,124	0.115
UNICO	4,000,000	3,200,000	0.8
PICORP	1,000,000	500,000	0.5
GAMUDA	700,100	1,611,227	2.301
PPG	381,000	118,110	0.31
IOIPROP	340,000	1,326,000	3.9
IOICORP	220,000	1,023,000	4.65
D&O	200,000	43,000	0.215
RESORTS	160,000	414,000	2.588
PERWAJA	130,100	187,344	1.44
SCIENTX	100,000	118,000	1.18
HARTA	50,000	85,000	1.7
EMETALL	15,000	9,000	0.6
MBSB	10,100	12,423	1.23
KNM	1,000	1,300	1.3

Gold - Alternative Investment

Malaysia stock markets are on a hold and are yet to resume their downtrends after Raya Holidays, I think. Due to US market is in warning zone, anytime bad news will flow out and market will fall without support.

US Treasury chief Paulson and Bernanke have used every trick in their book to prevent a bear market from materializing on Wall St, before the presidential election which now threatens to eject the Republicans from the White House.

The Federal reserve has tried to put a floor under the stock market by slashing the federal funds rate 325 basis points from a year ago to 2 % today, far below inflation. Futures traders in Chicago are betting on a 1/4 point cut on the Fed Funds rate in October as perhaps their final bullet to halt the down wave.

There is a possibility the US could declare an emergency- impose exchange controls and you could not get your money out. The US mint last week suspended the sale of American Eagle/ Buffalo gold coins. In 1932 Presendent Roosevelt in the US declaired an emergency and made it a criminal offense to hold gold coins or bars. There is a huge demand for gold in the US as a safe haven. Gold dealers are selling their stock of gold coins in some places at a 10 % premium to the gold price. If this happen again, Gold price will short sky high again.

I personal think that's now is the good time to keep gold, any down turn in market, US dollar drop or oil price up will result in price gold going up.

Today's Market Preview (29-09-2008)

Off Market Transactions On KLSE (26 September 2008)

Stock	Dir-Vol	Dir-Val	Av-Price
RAMUNIA-WA	2,500,000	2,850,000	1.14
ESCERAM	2,363,500	271,803	0.115
EDEN	2,341,900	855,344	0.365
INSBIO	1,500,000	322,500	0.215
PELIKAN	1,000,000	2,330,000	2.33
DFZ	400,000	1,680,000	4.2
MALTON	379,800	106,344	0.28
TEBRAU	350,000	150,500	0.43
TASCO	210,100	121,858	0.58
KKB	150,000	300,000	2
RUBEREX	100,000	110,000	1.1
PARKSON	80,000	340,800	4.26
PERWAJA	40,000	58,000	1.45
SCIENTX	32,000	38,080	1.19
FOCAL	24,746	6,681	0.27
BINTAI	20,000	9,200	0.46
TENAGA	6,000	39,000	6.5

KNM is on the way back to RM 1.24

Now wait for buy sign again.

KNM just made an U turn after hit RM 1.38

KNM just made an U turn after hit RM 1.38. Look like the short bounds back ( for my old post KNM is bound back to RM 1.24 on 19 Sept 2008 ) just end.

If you buy in around RM 1.25 and successfully sale out around RM 1.35 with 10 lot of KNM share, you now had make a small profit around RM 1K. All this can been done just in T+3 day.

Today's Market Preview (26-09-2008)

Off Market Transactions On KLSE (25 September 2008)

Stock	Dir-Vol	Dir-Val	Av-Price
ASCAP	11,116,300	5,057,917	0.455
KENCANA	10,000,000	14,000,000	1.4
MAA	2,900,000	1,740,000	0.6
DIALOG	2,245,000	2,257,250	1.005
LEWEKO	1,720,000	662,200	0.385
INSBIO	1,500,000	322,500	0.215
E&O	587,000	528,300	0.9
WEIDA	500,000	250,000	0.5
MINPLY	500,000	150,000	0.3
INSAS	450,000	144,000	0.32
SUPPORT	200,000	190,000	0.95
TA	180,000	144,000	0.8
PPG	119,200	39,336	0.33
HDBS	100,000	136,000	1.36
WCT	100,000	251,000	2.51
EKOVEST	66,000	70,620	1.07
RCECAP	65,000	27,300	0.42
PARAMON	50,000	110,000	2.2
GAMUDA	45,000	109,350	2.43
BINTAI	31,100	14,617	0.47
EDEN	10,000	4,150	0.415
IOICORP	2,000	9,280	4.64

Today's Market Preview (25-09-2008)

Off Market Transactions On KLSE (24 September 2008)

Stock	Dir-Vol	Dir-Val	Av-Price
MBSB	3,147,000	4,091,100	1.3
ESCERAM	1,854,400	203,984	0.11
BONIA	1,183,500	1,670,900	1.412
TGOFFS-OR	1,160,800	98,668	0.085
WEIDA	1,000,000	500,000	0.5
PICORP	903,500	452,203	0.501
HUAYANG	800,000	528,000	0.66
SIGN	700,000	805,000	1.15
JAKS	600,000	300,000	0.5
GAMUDA	500,000	1,170,000	2.34
CANONE	450,000	360,000	0.8
ASUPREM	213,900	79,143	0.37
PBBANK-O1	100,000	990,000	9.9
PA	43,968	26,381	0.6
PERWAJA	40,000	56,000	1.4
BAHVEST	15,000	7,050	0.47
ASIAPAC	10,000	1,150	0.115

What Phases Of KLCI Stock Market We Are Now

Recent financial crisis in US companies like Fannie Mae and Freddie Mac, Lehman Brothers as well as AIG, had make investors thinking whether there will be more companies affected by this crisis or the crisis is about to end.

Base on George Soros, in his book published in the early 2008 titled: The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means, said that “ .... the current crisis is not merely the bursting of the housing bubble. It is bigger than the periodic financial crises we have experienced in our lifetime.”

It really fear me! According to him, we should expect the current situation to get worse before it can get better. We need to prepare for this downturn and must be ready when the market moves, even though nobody will know exactly when the market wills bounds back. So we need to understand what phases of KLSE stock market we are now.

Stock market cycles can be divided into five phases: -

1. Expansion,
   
2. Settlement,
3. Contraction,
4. Crisis and
5. Recovery.
   

Expansion
The overall stock market sentiment will be bullish with higher stock market volume and prices. In every market rally, there is always a main theme. For example, the bull market in 2007 was mainly attributed to positive sentiment in the plantation sector. During this period, we should buy stocks in the sectors that benefit from the rally. If your portfolio owned a lot of plantation stocks last year, you would benefit from the overall market rally last year. So, we should pick stocks that follow the market theme.

Settlement
For some profit-taking activities. If the overall market sentiment remains bullish, it will resume its up trend. The bullish trend will reach a period where reality can no longer sustain the exaggerated expectations. Then the market will enter into contraction.

Contraction
Where long-term investors get very uncomfortable with the market situation. In this period, we should sell poor fundamental stocks as well as stocks in sectors which will be seriously affected in a down trending market. There are still some short-term traders who may enter the market at this stage as they believe it may rebound later. However, when the market drops further, it will enter into Crisis where long-term investors as well as short-term traders are selling stocks.
Now KLSE market is currently in this phase where long-term investors as well as short-term traders are not willing to commit themselves. This is given the unsettling of the US financial crisis in companies like Lehman Brothers and AIG. Despite the US government’s plan to rescue banks, not many analysts or fund managers are convinced that we have seen the worst.

According to Soros, the market participants’ misjudgments and misconceptions affect the stock market prices. He said that later, these biased perceptions would affect both prices and the fundamentals that those prices are supposed to reflect. When a market drops in prices, it creates fear. As a result of this fear factor, prices will drop further and later cause panic selling, as the fundamentals will also be affected by lower prices. Then it will turn the investors’ perception into reality.

Soros called this a two-way reflexivity connection between perception and reality, which can give rise to initially self-reinforcing but later self-defeating.

Hence, in every stock market cycle, regardless of any stock market, while it may take a long time to reach its peak, when it drops, the drop will accelerate and be followed by panic selling.
At present, most investors will be eager to know when our market will enter into the Recovery phase where the market will start to recover. It will be a mammoth job to predict the market bottom.

Nevertheless, we should consider buying some stocks (exp KNM ) whenever the market experiences panic selling like the recent global market crash on the fallout of Lehman Brothers and AIG.

Today's Market Preview (24-09-2008)

IOICORP is in bearish position

IOICORP is in bearish position again, if today can see a Doji sign IOICORP may push up to RM 5.00

Off Market Transactions On KLSE (23 September 2008)

Stock	Dir-Vol	Dir-Val	Av-Price
ESCERAM	6,286,800	628,680	0.1
OSKPROP	6,000,000	3,000,000	0.5
UOAREIT	4,353,900	4,789,290	1.1
GKENT	3,509,000	1,842,225	0.525
N2N	2,000,000	770,000	0.385
ATLAN	1,500,000	4,230,000	2.82
JOHAN	1,405,000	259,925	0.185
MPHB	1,000,000	1,290,000	1.29
ATLAN-WA	900,000	567,000	0.63
KBB	800,000	360,000	0.45
SEEHUP	478,300	502,215	1.05
KTB	396,600	140,000	0.353
SIGN	372,241	409,465	1.1
PERISAI	296,000	286,528	0.968
TENAGA	147,000	1,014,300	6.9
PPG	140,000	46,200	0.33
GAMUDA	100,000	237,000	2.37
PANAMY	17,100	179,550	10.5
GENTING	1,000	5,150	5.15

Off Market Transactions On KLSE (22 September 2008)

Today's Market Preview (23-09-2008)

KNM share price is about RM 1.40

Look like KNM share is about to hit RM 1.40 and base on the vol, some good news will roll out to push share price beyond RM 1.40 before Hari Raya holidays.

old links

KNM is on way up

KNM is on way up

From the edge weekly Mr Lee Swee Eng are holding 1,044,859,590 unit of KNM share it is about 26.41% of KNM Group Berhad share. He is the major shareholder in 60% free float of KNM share and also Mr Lee Swee Eng is Malaysia's Richest no 13 (from Forbes.com) At last week he had buy back KNM share from open market may been because of that KNM share did not fall a lot during KLCI big drop. Base on KNM chart, the share price is on the way to RM 1.40 but due to market situation now and on the positive side Hari Raya is on next week, KNM share is on the up side position in this week. However for share price come to RM 1.40 may still need some time.

Off Market Transactions On KLSE (19 September 2008)

Stock	Dir-Vol	Dir-Val	Av-Price
CME	15,000,000	1,200,000	0.08
JOHAN	5,100,000	867,000	0.17
MAA	3,666,666	2,383,333	0.65
MUIIND-LB	790,000	118,500	0.15
PICORP	511,200	258,156	0.505
MTD	414,800	709,308	1.71
QSR	410,000	1,025,000	2.5
MUIIND-LA	300,000	48,000	0.16
LEWEKO	240,000	88,800	0.37
KNM	200,000	246,400	1.232
SUNCITY	200,000	460,000	2.3
HARBOUR	170,000	91,800	0.54
GADANG	120,000	71,400	0.595
METROD	60,000	171,600	2.86
MTDACPI	60,000	29,700	0.495
BURSA	56,100	364,650	6.5
UZMA	55,500	99,900	1.8
KULIM	50,000	275,000	5.5
RAMUNIA	50,000	74,500	1.49
GAMUDA	45,000	109,350	2.43
PERWAJA	30,000	42,300	1.41
LINGUI	10,000	11,400	1.14
BONIA	9,000	14,850	1.65
REDTONE	8,000	3,400	0.425

KNM is bound back to RM 1.24 on 19 Sept 2008

KNM is bound back to RM 1.24 on 19 Sept 2008, but this only temporary due to market situation is vary unstable right now. Fed Investment still hold 10% in KNM, if they plan to sale out KNM share sure will pull back down again. Base on KNM price chart, I think RM1.15 is the base for short term any price drop below RM 1.15 will been a good buy.

Today's Market Preview (19-09-2008)

KNM is still holding on

On 18 Sept 2008 KNM share price close at RM 1.17. The price is holding on!

Malaysia composite index is crashing

18 Sept 2008 is Najib's first day as Malaysia Finance Minister. During the morning session, Bursa Malaysia faced heavy sell down and lowest at 963 point, looked very familiar as the relentless forced selling. However,when the selling weakened in the afternoon, and Najib made his move to push up share prices especially those related to Composite Index such as IOICorp. Owing to the fact that Najib is new to the market, he pushed the share price of IOICorp too much and this gave speculator an opportunity to made some bombardment.

Composite Index cannot make a recovery move unless Badawi is willing to step down. Frogging only make the situation very humiliating for Badawi.

Off Market Transactions On KLSE (18 September 2008)

High Transaction in off market on 18/09/2008

Stock	Dir-Vol	Dir-Val	Av-Price
YTLLAND	7,000,000	4,970,000	0.71
JOHAN	5,800,000	957,000	0.165
UNICO	4,000,000	3,000,000	0.75
HEVEA	3,300,000	2,640,000	0.8
GKENT	2,300,000	1,242,000	0.54
GOLDIS	2,000,000	2,700,000	1.35
DIALOG	1,690,000	1,605,500	0.95
PELIKAN	1,625,700	3,495,255	2.15
SIGN	1,600,000	1,760,000	1.1
DXN	1,400,000	532,000	0.38
LEWEKO	1,200,000	420,000	0.35
BCB	1,056,500	475,425	0.45
PADINI	780,500	1,725,345	2.211
HARISON	750,000	1,087,500	1.45
RESORTS	500,000	1,260,000	2.52
AIRASIA	400,000	472,000	1.18
UBG	351,200	913,120	2.6
EMETALL	303,800	212,660	0.7
TONGHER	300,000	666,000	2.22
LIMAHSN	300,000	156,000	0.52
MRCB	293,333	178,933	0.61
WTK	247,500	428,175	1.73
OSK	234,500	321,265	1.37
QSR	200,000	510,000	2.55
MESB	187,700	61,941	0.33
LUXCHEM	162,000	102,060	0.63
YNHPROP	100,000	160,000	1.6
TALAM	100,000	15,500	0.155
PPEDANA	74,100	370,500	5
EONCAP	70,000	287,000	4.1
MAEMODE	55,000	74,250	1.35
UNIMECH	50,000	32,000	0.64
SUNWAY-WB	50,000	1,250	0.025
KULIM	50,000	262,500	5.25
LOH&LOH	36,400	182,000	5
KINSTEL	30,000	20,250	0.675
IOICORP	7,000	29,400	4.2

Today's Market Preview (18-09-2008)

KNM is about to bound back

KNM is holding the prices around RM1.15 for few days as expected ( from my older post A Doji sign in KNM ) due to unstable political issue in Malaysia. Fidelity Investment had sale out KNM share for around 2 months and EPF accumulative KNM share, temperely Inter Merger Sdn Bhd ( major shareholders of KNM ) is low in cash due to finance the Borsig acquisition and it's hard to push KNM share up at this situation.

Actually it is no point to push the share up because the higher the KNM share price go, Fidelity Investment will sale out share to make profit. If Fidelity Investment still want to exit from KNM, KNM share will go lower I think will hit lower than RM 1.00. However, KNM may hold on at RM 1.05 to RM 1.15 for a time been if no major sale out from Fidelity Investment.

KNM share will not in low price for long because KNM is a profitable company and now most of they cash is lock on Borsig acquisition, once the loan is complete and the cash flow is back it will up to the major shareholder to push back up the price to a level they think fit to market situation.

Today's Market Preview (17-09-2008)

Off Market Transactions On KLSE (17 September 2008)

Stock	Dir-Vol	Dir-Val	Av-Price
KZEN	1,200,000	180,000	0.15
ILB	1,000,000	800,000	0.8
MRCB	609,000	341,040	0.56
LIPO	600,000	366,000	0.61
PICORP	530,200	278,355	0.525
BIOOSMO	500,000	50,000	0.1
WTK	180,000	284,400	1.58
ATURMJU	75,000	59,625	0.795
KINSTEL	43,700	30,590	0.7
TENAGA	30,000	175,500	5.85
IOICORP	2,000	8,000	4

Off Market Transactions On KLSE (16 September 2008)

Stock	Dir-Vol	Dir-Val	Av-Price
NATBIO	9,765,000	5,468,400	0.56
JOBST	5,400,000	11,070,000	2.05
SAPCRES	5,000,000	5,800,000	1.16
BAHVEST	3,256,311	1,302,524	0.4
SCICOM	2,613,333	849,333	0.325
TSH	2,000,000	4,000,000	2
AIRASIA	1,950,000	2,184,000	1.12
PENERGY	600,000	1,104,000	1.84
EVERMAS	500,000	365,000	0.73
PERISAI	500,000	480,000	0.96
PICORP	324,200	162,100	0.5
KPS	295,500	576,225	1.95
SPK	232,800	139,680	0.6
RESORTS	200,000	522,000	2.61
KULIM	200,000	1,100,000	5.5
UZMA	166,600	299,880	1.8
FRB	160,000	118,400	0.74
VITROX	105,000	63,000	0.6
SUPERMX	100,000	103,000	1.03
TALAM	50,000	9,250	0.185
KNM	50,000	63,000	1.26
PERWAJA	40,000	56,800	1.42
SEALINK	20,000	16,500	0.825
SEG	11,900	8,925	0.75
ASIATIC	10,000	50,500	5.05
SWKPLNT	2,000	5,400	2.7