KLCI Hits High Close With 990!

Today KLCI close at 990 new high for this month. Malaysia economy is look like unaffected by swine flu and US financial crisis at the movement but vary hard to said what is going to happen next.

For sure now keeping the money is better.

Today's Market Preview (30-04-2009)

Today's Market Preview (29-04-2009)

KLCI History Chart

This is the KLCI chart since last year 2008, base on the chart KLCI had form a double bottom W sign, however to know KLCI is at bottom or not will need to see next month and how far KLCI will drop.

Base on the chart KLCI is already bottom but I think still not the time to jump in yet. Only if you invest in long term and the company is profit and stable like PBBANK etc.

TOPGLOV Share Short Up When Flu Come

TopGlov share have slowly moving up since begin of the year 2009 unaffected by KLCI news or by-election, finally yesterday the share suddenly short up due to Flu in Mexico.

In history ever flu run out in the world, TopGlov share will move up. Long time ago TopGlov is a profit and stable company till last year alot of negetive news flow out from it, however this year look like TopGlov will be back again.

I had keep some share in TopGlov for 2 year long term investment in my investment list since year 2007, planing to take profit in this year. I think this share will move up to RM 7.00 by 3Q2009.

Today's Market Preview (28-04-2009)

Today's Market Preview (27-04-2009)

KLCI Has Countinues Moving Up About A Month!

Since Najib become PM the KLCI index is moving up for almost a month with not many good news just in this Apr only some small good news will move KLCI a lot.

Base on the chart, KLCI is over buy condition and about to do some correction and the support will be around 920 point. KLCI will need to hold when drop back to support line 920 before countinues to move up again so the next entry point into the market will be at this leave, 920 point or below.

However, this still need to check with the news during that time. After July, I think US market will start recover but the buying power habit will be change and Malaysia export lever to US will take a longer time to recover.

Malaysia manufacture will be impact the most when US buying power drop so Malaysia will start recover may be at end of the year. If you buy share for 1 year investment I think this coming market correction will be a good entry point and next year will be the World Cup sure will help the share move up.

Today's Market Preview (24-04-2009)

Today's Market Preview (23-04-2009)

Today's Market Preview (22-04-2009)

Gold Price Is At Below 100 Day MA

Gold price had drop since early of the year 2009. Highest price the Gold price hits USD 1,000 per ounce and now drop to USD 883.35 due to over sold by big bank around the world to help to save the crisis.

However, the Gold price in Malaysia Ringgit had never same again like during USD 880 per ounce few months ago. Now at Public Bank as at yesterday closing :-

Gold Investment Account as at 21/04/09 3:50 PM

	Selling Price	Buying Price
1 gram	RM 106.9100	RM 102.6600

compare to last time with same USD Gold price, we can buy 1g of gold only around RM 98.766.
Malaysia ringgit value had drop and I think it will drop more.

Gold price chart movement is 1 step slower to share market, since now the share market had bound up a bit so same think will happen in Gold price chart in 2 to 3 months.

Today's Market Preview (21-04-2009)

Today's Market Preview (20-04-2009)

Today's Market Preview (17-04-2009)

Today's Market Preview (16-04-2009)

KLCI Ready To Bounds Up?

KLCI have countinues moving up this few day and unaffected by oversea market as like last year. Apr and May is the months that most of the impotent major company release their report and this will make KLCI to go up or down. Off market transaction is lower each day and I think the bull run will rest to built up a base around 910 point.

Malaysia having 72% manufacturing product is for export and since the beginning of this crisis export level had drop. Manufacture cut down pay, OT and working hours will fully review out on May because now Apr is still using March salary.

I think this crisis will bottom up around July in Malaysia when US bottom up. However after this crisis, US market will been vary different compare last time and the produce we export to US will be less.

KNM Is Bound Up Strongly!

KNM have bounds up strongly with not good news and oil prices did not move up high.
I thing they is not much retail trader jump in into this share so the price need to countinues to move up.

Really no idea how far this share will go.

Today's Market Preview (15-04-2009)

Today's Market Preview (14-04-2009)

Today's Market Preview (13-04-2009)

How The Big Fund Make Money

This few day, KLCI is bound up since beginning of UNMO election. I had records some of the activity in off market trade along this election till now and I found out that now the KLCI is been push out to earn money and at the same time reduce share in hand by all the big fund.

Here are a simple example:

1 Day before market start
Big Fund A sales 10 lot unit share to Fund B with a price RM 0.39 in off market trand. This day the share price close at RM0.40 at market price.

Day the market start
Fund B sale out all the 10K lot in open market with price average RM0.43.
Big Fund A buy back from market 70% of all share sale by Fund B and 30% share had sold to retail trander ( this group is using hard earn money to invest )
By end of the day the share price had push to close at RM 0.43 with 7.5% jump up.

Money Earn by Fund B:-
Total share buy:- 10 lot unit share x RM0.39 = RM3,900
Total share sale:- 10 lot unit share x RM0.43 = RM4,300
Total Earn = RM400
Share in hand = 0

Money Earn by Big Fund A:-
Total share sale:- 10 lot unit share x RM0.39 = RM3,900
Total share buy:- 7 lot unit share x RM0.43 = RM3,010
Total Earn = RM890
Share in hand = 7,000 unit ( with value = RM 3,010 )

So in this case both Fund A and B had earn money and Big Fund A have use 30% of the share in hand to push the price to RM 0.43. 30% of the share had past to retail hand and this will keep going till the % of retail buyer drop to less that 15%

When this happen, the process will turn another way round to drop the price with all the bad news they have. So this Big Fund will buy back from retail trander with lower price.

This is how the big fund make money from your hard earn money.

Today's Market Preview (10-04-2009)

Still Early To Said KLCI Is Bounds Up

This few day we had see KLCI bounds up strongly to close to 930 point, however out their still a lot of negative news like CIMB issue and low export index.

I think this bounds up is mainly due to Najib become PM. If KLCI can maintain above at 900 point till Jun, it will likely the economic will start to recover.

Base on the past history at 1997/98 crisis, banks, telco and the power sector were among the sectors that dropped the most and also recovered fastest. So if the the KLCI is on the ware to recover this all sector is a good place to park your money.

Another opecunity will be ETF30, the lowest ETF30 had drop is at RM5.20 and now the prices is bounds up back to RM6.00 along with KLCI index bounds up. This ETF will get better performes when come to 6 July 2009, Bursa Malaysia will restructure its primary benchmark index by swapping the prevailing KLCI with the FBM30.

Thing likely to recover when come to end of the year, however now still just enter 2Q2009 so still early to put your money into share market.

Today's Market Preview (09-04-2009)

Today's Market Preview (08-04-2009)

Today's Market Preview (07-04-2009)

Today's Market Preview (06-04-2009)

KLCI Index Hits Back To 900 Ponit

Yesterday, KLCI had hits back to above 900 point and I still hear alot of my friends job cut OT cut benefit and so cut working hours to 4 day a week.

Few days back, export had drop 25% and CIMB is offer unpay leave up to 6 months. I'm still think it is all this is good news that make the KLCI to go up to 900 point.I readly not think so.

Malaysia situation is still bad and the reason why KLCI go up is likely because Najib is replacing Badawi as new PM. So this situation is positive.

However, the KLCI situation may countinues or not really hard to think. For me I will likely to stard sideline till end of Jun.

Today's Market Preview (03-04-2009)

Today's Market Preview (02-04-2009)

Today's Market Preview (01-04-2009)