Gold Price Bull Run Is On

Gold price bull run is on and base on the chart Malaysia gold price may hits above RM115.

Link to my new blog about Investment in Malaysia Gold

Today's Market Preview (29-05-2009)

GDP forecast for 2009 to between minus 4% and minus 5% for 2009

Below is the news from Malaysia The Edge:-

PUTRAJAYA:The Government has revised downwards the country's GDP forecast for 2009 to between minus 4% and minus 5% for 2009 from earlier projection of minus 1% to 1% after 1Q GDP shrank a worst-than-expected 6.2%.

Prime Minister Datuk Seri Najib Razak said on May 28 the wider contraction projection was due to a steeper decline in exports, coupled with a decline in private investment.

"External demand plummeted more than expected," Najib said.

On whether the current GDP projections factored in the worst case scenario, he said the forecast was based on a realistic view of current conditions, although he said it would also depend on whether the US and Europe economies worsened.

He added, however, Malaysia's economy was expected to recover by year-end, and the government was hopeful 4Q09 would show positive growth.

On May 27, Bank Negara said the Malaysian economy contracted 6.2% on-year in the first quarter of 2009, the worst since the Asian financial crisis, as manufacturing output shrank sharply as exports and industrial production fell.

Manufacturing contracted 17.6%, mining fell 5.2% while agriculture saw a 4.3% decline. Services also showed a decline of 0.1% but construction rose just 0.60%

This is the true when we still see a lot of company close down.

Today's Market Preview (28-05-2009)

First Quarter GDP Contraction Of 6.2 Per Cent

Malaysia first quarter GDP contraction of 6.2 per cent was the sharpest decline since the third quarter of 1998 which recorded a -10.2 per cent growth rate. What will happen to Malaysia share market today?

Asia share market have continue in bull run over about 50 days and had unaffected by H1N1 news, economic report and North Korea threatens military action, and now what reaction will be in GDP?

if they need market go up than they will said compared with Singapore and Thailand which registered a negative growth of 10.1 and 7.1 per cent respectively, Malaysia was not doing too badly.

If market they want market to go down, they will said the economy to contract between two and three percent and attributes the much sharper reduction of 6.2 per cent to a lack of effect from the stimulus packages.




For me I think the market go up or down is base on how many inverter have jump in into the bull trap, if the amount is big enough then the smallest bad news will hits the market to drop. So back to the basic rule:- Buy when market is down with full of bad news and sell when market bull run full with good news.

Today's Market Preview (27-05-2009)

Today's Market Preview (26-05-2009)

Today's Market Preview (25-05-2009)

Gold Price May Hits USD 1,000 per Ounce

Gold Price Will Attack On USD1,000 This Week!

Today's Market Preview (22-05-2009)

KLCI Bull Run Is Taking A Rest

KLCI bull run may rest now and it is the time to see the true economic recovery level when the index drop back to how far from support line. When share is about to drop Gold market will bull run.

In this few day Gold price is on the way to hits back USD1,000 per ounce.

My New Blog About Gold Investment

Today's Market Preview (21-05-2009)

IOICORP Is About To Move Up

CPO price is getting up and majority plantation share also slowly moving up however IOICORP is not yet jump up high due to it productivity.

But base on the chart RSI, this share is above to move up and may hits back to RM5.00 I'm looking on the share price is abit high so now I target to buy in IOICORP-CJ:-

Underlying Stock

Warrant Code /Name

Listing Date

Expiry Date

Issue Price

Exercise Price

Exercise Ratio

Issuer

Term Sheet

Exercise Form

Expiry Notice

IOICORP

1961CJ IOICORP-CJ

09/12/2008

03/06/2010

MYR 0.105

MYR 2.880

8.0000 : 1.0000

OSK

-

-

Yesterday IOICORP-CJ close at RM0.26 which is equal to Mother share RM5.00

If today this share drop back I think it is a good entry point.

Today's Market Preview (20-05-2009)

Today's Market Preview (19-05-2009)

Make Profit By Invest Into AMMB-CD

AMMB Holdings Bhd, the holding company of AmBank Group released its audited results last Friday for 4QFY2009 ended March 31, 2009 showing a quarterly y-o-y drop in earnings of 17%. However the full year earning for FY2009 jumped 29% to RM860.82 million from RM668.54 million in FY2008.

Base on the performen, AMMB is a strong profitable bank like PBBank. Early of this year March 2009 OSK relest out AMMB-CD with the detail below:-

List Date:					20-03-2009
List Price:					RM0.1000
Expiry Date:					17-09-2010
Exercise Price:					RM2.4000
Conversion Ratio:					6.00
Warrant Type:					European Style

They are still many room for AMMB to go up back to RM 4.00 after see this share hits bottom at around RM2.00. When the mother share go up same thing will happen to AMMB-CD.

Yesterday AMMB-CD close at RM0.15 if AMMB hits back to RM4.00 so AMMB-CD base on the calculation will be RM4.00 - RM2.40=RM1.60/6=RM0.267 with 78% profit.

The expiry date is untill next year Sept so still many room for the share to move around. Now KLCI is about to go correction, and the AMMB share may drop abit if AMMB-CD drop back to RM0.100 I think it is a good time to buy in AMMB-CD to make profit in median term investment.

Today's Market Preview (18-05-2009)

KLCI Bull Run Already 44 days olds

KLCI bull run already 44 days old and about to correction before may go higher. Base on the chart KLCI will have a strong support on 915 point.

If KLCI did not drop past this point, than KLCI will bounds up back strongly along with economic recovery. After Gold price hits USD1,000 it is the time to invest back into share.

H1N1 Is Here In Malaysia!

H1N1 just hits Malaysia, it may affect share price next week :-

KUALA LUMPUR, May 15 — Malaysia has reported its first influenza A(H1N1) case involving a student who returned from the United States two days ago.

This was confirmed by Health Minister Datuk Seri Liow Tiong Lai today.

“The student is now quarantined at the Sungai Buloh Hospital,” he told Bernama from London.

“The student returned to Malaysia on May 13 and the next day, he sought treatment when he felt unwell. The test confirmed that he has the H1N1 virus.”

Liow, enroute to Geneva, Switzerland to attend the World Health Organisation (WHO) General Assembly, was on transit in London.

He said health personnel were in the midst of tracking down all passengers on the student's flight and those who had come into contact with him since his return.

“This is urgent and all have to work together to prevent the spread of the disease in this country. We have initiated various preventive measures and the health department is working hard on the ground,” he said.

Liow also advised the public to be on high alert and immediately seek treatment if they feel unwell.

“The details of this first case will be given by the Health Ministry at a press conference at 4pm today,” he added. — Bernama

New from Malaysiainsider

Gold Just Bounds Up

Gold price is moving up. I think the bull run will enter gold market.

Today's Market Preview (15-05-2009)

Today's Market Preview (14-05-2009)

GPACKET Bounds Up With High Volume

GPACKET bounds up on 13 May 2009 with high volume. Highest on this year, base on the chart now the price is between MA50 and MA100 with this is a move up sign.

Base on RSI the share is also on the move to go up, however if you look at Accum/Dist chart something is wrong due to why the high volume is not on Accumulative, it mean the big fund is selling out they share.

GPACKET is a profitable company base on the business it in, so for long term investment this share is good to invest in.

To know more about GPACKET will move up or down will need to see what price it will close on this Fridays.

A good share but been speculated will hard for us to make profit.

Today's Market Preview (13-05-2009)

E&O Is About To Go More Higher!

E&O have move up above RM0.80 for 3 time since Nov 2008. Goldman Sachc had buy in into this share early of this year around Feb, now the share go out again and this time will move more higher.

I just buy in at RM 0.80, will keep for short term investment.

Today's Market Preview (12-05-2009)

KLCI Bull Run May Rest Soon.

KLCI bull run has start since 13 of Mach and already bull run for 40 trading day with 21.52% up side from 843.84 point.

Along the bull run, KLCI look like unaffected by H1N1 news and US economic crisis, Malaysia export record still low with workers jobless still increasing.

However I think this time the bull run major reason is because USD value is dropping again all Asia crerency so most of the investment money run away from USD and buy into Asia share market before any serioul devalue of USD. KLCI is in over buy sitiation and any time the share market will go throught corretion, same thing happen before at 2007.

























At year 2007, KLCI also had a bull run for around 43 trading day before a major drop. By that time KLCI had incress 202.83 point to close at 1285.08 with 18.74% incress.

Thing may happen again this time and in share bull run will not countinues always without correction before go more higher, so if you miss the bull this time tham wait the next one.

Today's Market Preview (11-05-2009)

Today's Market Preview (08-05-2009)

SAAG Bounds Up Like KNM!

SAAG bounds up like KNM! from the lowest at RM0.15 to now about RM0.34 almost 100% bounds up. Nature of business for SAAG and KNM is same just KNM is bigger that SAAG but in profit spec both is good.

Early of this year I had keep some SAAG but sale too early, miss a lot of profit.

From Old Post:SAAG In A Position To Bounds Up

Today's Market Preview (07-05-2009)

Today's Market Preview (05-05-2009)

KLCI Bull Run May End Soon But Gold Bull Run Just Begin!

KLCI bull run may end due to share will go up or down in Zip Zap format, so if you miss the KLCI bull run like me make sure you dun miss the Gold prices bull run.

Base on the chart RSI show that the price is ready to more up anytime. I have put 90% of my investment take out from share early of this year invest in Gold. Really hope will make some money in this Gold prices bull run.

Below is a news I take from The Edge :-

KUALA LUMPUR: High net worth investors are advised to invest in gold, as the precious metal plays a crucial role in the diversification of their investment portfolio amid current economic and market volatility, according to CIMB Private Banking.

Its co-head Alan Inn said gold is an effective portfolio diversifier due to its lack of correlation when held up against most of other asset classes, making it an ideal measure of diversity to an investor's portfolio.

He noted that most investment portfolios focus mainly on traditional financial assets, such as stocks and bonds.

"A truly diversified portfolio contains not only a range of different asset types, but those that do not correlate with changes in price of mainstream financial assets regardless of the health of the financial sector or broader economy.

"Given the volatility of the current market, there is a need for a diverse portfolio of investments so as to protect the portfolio against fluctuations in the value of any single asset class. Portfolios that contain gold are generally more robust and better able to cope with market uncertainties and volatility than those that do not," Inn said in a statement today.

Inn said gold had long achieved its status as a safe haven investment in times of financial and geopolitical stress.

Investment in gold can be in the form of gold bullion, exchange traded funds, gold futures or stocks.

Today's Market Preview (04-05-2009)