tag:blogger.com,1999:blog-16264003691028288592024-03-05T19:07:47.379+08:00Bursa Malaysia (KLSE) Daily Info Edge ZoneMalaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia ShareUnknownnoreply@blogger.comBlogger70125tag:blogger.com,1999:blog-1626400369102828859.post-16785061767979715122012-01-30T08:09:00.003+08:002012-01-30T08:26:57.720+08:00Base On History KLCI Index Big Dip Happen After Hits New High<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/-zd_09vHHOe0/TyXgg6TETdI/AAAAAAAAFzY/ybEc7-y7qHo/s1600/2012Jan-FBMKLCI-800x600.png"><img style="float: left; margin: 0pt 10px 10px 0pt; cursor: pointer; width: 400px; height: 300px;" src="http://3.bp.blogspot.com/-zd_09vHHOe0/TyXgg6TETdI/AAAAAAAAFzY/ybEc7-y7qHo/s400/2012Jan-FBMKLCI-800x600.png" alt="" id="BLOGGER_PHOTO_ID_5703211359144267218" border="0" /></a>Base on KLCI history, the index will big dip after broken to new high. In year 2001, 2008 and 2011, share market big dip happen after the index hit new high.<br /><br />Usually the share market will go high price for Fund Manager to distribute the share before they dip the market by using bad news to buy back share in low price.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-13182399767083545512011-12-27T08:08:00.004+08:002011-12-27T08:16:42.426+08:002011 Year End Rally?<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/-swf1I8O6mzE/TvkM0bucTAI/AAAAAAAAFkI/2SYO5EY2Wng/s1600/2011Dec-FBMKLCI-800x600.png"><img style="float: left; margin: 0pt 10px 10px 0pt; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/-swf1I8O6mzE/TvkM0bucTAI/AAAAAAAAFkI/2SYO5EY2Wng/s400/2011Dec-FBMKLCI-800x600.png" alt="" id="BLOGGER_PHOTO_ID_5690593699094612994" border="0" /></a>Only left 4 trading days before ending year 2011. At 2010, KLCI end with 1,518 point, to close flat this year KLCI need only 22 point. Likely KLCI will hits above 1,500 level.<br /><br />I personally think that any new year rally is the good point to sale your share due to Europe crisis may come anytime, long term investment is not a good idea for year 2012.Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1626400369102828859.post-16889369635205728812011-12-21T08:05:00.002+08:002011-12-21T08:17:05.665+08:00KLCI Show Good Sign Of Support<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/-u2ZgVz-XUAg/TvEjamew2jI/AAAAAAAAFic/iSNaPjO8l4Q/s1600/2011Dec-FBMKLCI-800x600.png"><img style="float: left; margin: 0pt 10px 10px 0pt; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/-u2ZgVz-XUAg/TvEjamew2jI/AAAAAAAAFic/iSNaPjO8l4Q/s400/2011Dec-FBMKLCI-800x600.png" alt="" id="BLOGGER_PHOTO_ID_5688366744258796082" border="0" /></a>This few trading day saw KLCI index show good sign of support at 1,460 level, an up down trading pattern show between 1,480 and 1,460.<br /><br />Trading vol also show this level is a good support line, so there are some hope the index may move up to end year 2011.Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1626400369102828859.post-88602623670803611822011-12-19T07:51:00.002+08:002011-12-19T07:59:10.666+08:00Final Week For KLCI Year 2011 Windows Dressing<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/-cvZqznZkA1c/Tu59DD6qh0I/AAAAAAAAFhU/G06c7bl7xZM/s1600/2011Dec-FBMKLCI-800x600.png"><img style="float: left; margin: 0pt 10px 10px 0pt; cursor: pointer; width: 400px; height: 300px;" src="http://3.bp.blogspot.com/-cvZqznZkA1c/Tu59DD6qh0I/AAAAAAAAFhU/G06c7bl7xZM/s400/2011Dec-FBMKLCI-800x600.png" alt="" id="BLOGGER_PHOTO_ID_5687620870959957826" border="0" /></a>Now only left 2 week before end year 2011 so this last 2 week is final week for KLCI year 2011 windows dressing.<br /><br />I think KLCI likely to move positively to 1,500 level. US and Europe share market is the last week to rally, however most of the investor is not giving hope on this.Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1626400369102828859.post-69778269045584987262011-12-12T08:03:00.002+08:002011-12-12T08:09:58.399+08:00KLCI Likely To Broken 1,500 This Week<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/-xW82g-cAicg/TuVFMY2AfDI/AAAAAAAAFeI/xcZzdWvse_Q/s1600/2011Dec-FBMKLCI-800x600.png"><img style="float: left; margin: 0pt 10px 10px 0pt; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/-xW82g-cAicg/TuVFMY2AfDI/AAAAAAAAFeI/xcZzdWvse_Q/s400/2011Dec-FBMKLCI-800x600.png" alt="" id="BLOGGER_PHOTO_ID_5685026183754841138" border="0" /></a>After a week of moving down after hit 1,500 level, KLCI likely to broken 1,500 this week due to most of the report from US and Europe already roll out. For Asia always no news is good news so when US and Europe go into long holidays, thing may be view positively.<br /><br />Summit on Friday end without any solid result so the Euro crisis may continues to year 2012.Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1626400369102828859.post-75471572704976858962011-12-08T08:15:00.002+08:002011-12-08T08:21:37.406+08:00Yesterday Market Pull Down Is A Test<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/-sCjdGpajYAE/TuAByKIdFJI/AAAAAAAAFc0/16UIrIM25XI/s1600/2011Dec-FBMKLCI-800x600.png"><img style="float: left; margin: 0pt 10px 10px 0pt; cursor: pointer; width: 400px; height: 300px;" src="http://4.bp.blogspot.com/-sCjdGpajYAE/TuAByKIdFJI/AAAAAAAAFc0/16UIrIM25XI/s400/2011Dec-FBMKLCI-800x600.png" alt="" id="BLOGGER_PHOTO_ID_5683544690966467730" border="0" /></a>Yesterday Malaysia share market pull down till last minus push up by Axiata share is a market test. Some weak share holder already been "wash out" and share market likely to go sideways abit lower till end of this week.<br /><br />As investors await Friday’s European Union summit in which policymakers are expected to craft the next set of measures to deal with the sovereign debt crisis, most of the investor is expressed a particularly cautious view on the summits’ likely outcomes.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-75473416121265812132011-12-02T13:50:00.002+08:002011-12-02T13:53:14.703+08:00KLCI Index Still Keeping In Positive Zone - Bullish Sign<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/-t6zMxXnabEc/TthnNoHIhnI/AAAAAAAAFYI/dGh3JrsxPyc/s1600/2011Dec-FBMKLCI-800x600.png"><img style="float: left; margin: 0pt 10px 10px 0pt; cursor: pointer; width: 400px; height: 300px;" src="http://1.bp.blogspot.com/-t6zMxXnabEc/TthnNoHIhnI/AAAAAAAAFYI/dGh3JrsxPyc/s400/2011Dec-FBMKLCI-800x600.png" alt="" id="BLOGGER_PHOTO_ID_5681404413731178098" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Up to mid day, KLCI index still able to hold on in positive zone. This is a good sign showing that the selling pressure is not high.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-61358935628885755692011-09-26T16:56:00.004+08:002011-09-26T17:09:59.131+08:00How Low Will The KLSE Market Go?<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/-8L83Sy-teMQ/ToA-s8PuftI/AAAAAAAAE5o/GHXCWNn8F9E/s1600/bursa-trade-447x300.jpg"><img style="float: left; margin: 0pt 10px 10px 0pt; cursor: pointer; width: 400px; height: 268px;" src="http://4.bp.blogspot.com/-8L83Sy-teMQ/ToA-s8PuftI/AAAAAAAAE5o/GHXCWNn8F9E/s400/bursa-trade-447x300.jpg" alt="" id="BLOGGER_PHOTO_ID_5656590073784598226" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />In the month of Sept 2011, Gold, Silver, Oil and Share dip due to no more Money printing to support the price. Without QE3, US Dollar value is moving up everybody wants to sell everything except US dollars.<br /><br />Foreign investor sell every share in Malaysia to change back to US Dollar and EPF pull down the share for Foreign investor to sold in lower price and at the same time cause panic selling. So how low will the KLSE Market go, I think 1,280 level likely due to this level is the QE2 printed money start flow into share market.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-34028661550980819502009-10-05T07:53:00.004+08:002009-10-05T08:19:55.691+08:00More Down Side News Flow Out From US<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/Ssk11KvOsqI/AAAAAAAACD4/PG_w6XPHBPk/s1600-h/2009Oct-Dow+Jones+Industrial-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/Ssk11KvOsqI/AAAAAAAACD4/PG_w6XPHBPk/s400/2009Oct-Dow+Jones+Industrial-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5388897616657298082" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />US Equities continue to struggle, and seem destined for more battle in the US last week. At the same time, US Treasury yields continue to decline. US total vehicle sales for Sept was 9.20 million (annualized). That is almost 5m vehicles less than the August figure due to an end of the cash-for-clunkers programme in the US. To some extent, the PGM market has been expecting this weak number. However, it highlights the impact government assistance had on the auto industry (and the broader economy). However, it should also raise concerns about the health of many economies without government assistance.<br /><br />Due to more down side news flow out from US, Asia buying appetite will affected so I think for beginning of the week of OCT will see FBM KLCI move sideways and unlikely to drop a lot due to Malaysia government will use top 5 share in the FBM KLCI list to control the index. For Oct I think I will buy in into Plantation share when the share market dip or in red sea.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/Ssk7ij53AgI/AAAAAAAACEA/nVVOJ5HfJWg/s1600-h/2009Oct-PLANTATION-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/Ssk7ij53AgI/AAAAAAAACEA/nVVOJ5HfJWg/s400/2009Oct-PLANTATION-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5388903894065021442" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Plantation control the index 18.7% is the second bigger section after Banking (33.7%) and for FBM KLCI to go more higher, Plantation share need to be push up. All banking and plantation share are in top 10 in FBM KLCI list and together equal to 52.4% of the index. EPF also buying in into plantation share since before the Raya holidays so I think plantation share will be push up soon.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-82362356065578906282009-09-28T08:03:00.003+08:002009-09-28T10:15:42.136+08:00FBM-KLCI Correction Could Be In The Horizon<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/Sr_9Ydygh3I/AAAAAAAAB_4/3r8-C9md9Pw/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/Sr_9Ydygh3I/AAAAAAAAB_4/3r8-C9md9Pw/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5386302276113565554" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />As we near the end of 3Q09, FBM KLCI likely to move sideways, even after rising 13% since end-Jun. Base on some report statistic, this rates KLSE stock exchange as the third worst performing market among the 11 Asian markets that report tracked, better than only Japan (+3%) and China shares listed in Hong Kong (+10%).<br /><br />The top winners in the current quarter are Korea (up 22% quarter-to-date), Thailand (+21%) and Indonesia (+21%). On a year-to-date basis, we have fared even worse – at the second lowest rung (up 39%) just ahead of Japan (+16%) – way behind the best performers like Indonesia (up 80% so far this year), India (+73%) and Thailand (+60%). This statistic show that foreign investor is not going to invest into Malaysia like as before economic crisis. I think Malaysia goverment have note this early by change KLCI index base on 100 share to 30 share and FBM-KLCI index can be control by top 5 share out of 30 component share so that the index will not drop a lot compare with other 11 Asian markets.<br /><br />How worst Malaysia economic in real I think only government will know. However the Malaysia government need to keep the index in good shape even how worst it is due to political reason so I think profit still can get in ours share market. Forward to domestic themes ahead, focusing on specific events like the 2010 Budget, the announcement of a National Automotive Policy (NAP, likely in Oct) and the impending listing of mobile telecommunication heavyweight Maxis (by year-end) will likely to give some energy to the index.<br /><br />Closer on the calendar, on Wednesday (30 Sep), the monthly banking statistics for Aug will be out. And this Friday (2 Oct), an update on the business transformation plan by Malaysian Airline System – a laggard among the index component stocks – is scheduled to be held.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/SsAcJT20wrI/AAAAAAAACAA/x6N_tPOa6mI/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 336px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/SsAcJT20wrI/AAAAAAAACAA/x6N_tPOa6mI/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5386336100609737394" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Meanwhile base on HwangDBS report, supposing that the FBM KLCI has already plotted a fresh (temporary) peak on the chart last week, a correction could be in the horizon. Still, if recent history repeats itself, any market pullback is expected to be shallow (down by less than 7%) and short (extending fewer than seven days). Essentially, the benchmark index’s uptrend pattern – as guided by a rising channel comprising higher highs and higher lows – seems set to stretch on.<br />Technically speaking, should our market slide the first and second support lines are seen at 1,190 and 1,160, respectively. Beyond the consolidation phase, we reckon the FBM KLCI will get back in position to overcome 1,230 (the immediate resistance barrier) before sizzling its way towards 1,255 (its next resistance target).Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-24566318267104498652009-09-25T08:03:00.006+08:002009-09-25T08:33:14.447+08:003Q2009 Is About To Over Will Black October Emerge?<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SrwMBpbQYoI/AAAAAAAAB-w/wQD-9TqSm4s/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SrwMBpbQYoI/AAAAAAAAB-w/wQD-9TqSm4s/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5385192476867846786" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />3Q2009 is about to over in next week and if you still remember last year 2008 October is one of the month KLCI index drop the most to hits lowest that year at about 800 point. Most of the investor will call that month as a "Black October".<br /><br />Black October actually not only happen in last year but happen a few time in history of world share market. Now will it happen in this year? Base on the chart, FBM KLCI index likely to move sideways and I think the index will well supported due to it can be control by top 5 share out of 30 component and plantation share will likely to give support to the index when banking sector is out of momentum.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SrwMZnSSlNI/AAAAAAAAB_A/zjfRiISPMwk/s1600-h/2008Dec-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SrwMZnSSlNI/AAAAAAAAB_A/zjfRiISPMwk/s400/2008Dec-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5385192888610231506" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />I think 3Q09 result will just about same with 2Q09 due to this 3Q the economic is drop by H1N1 and retail businuess will be the one hits hard. However Bank Negara still flow out the good news about Malaysia economic but how many investor will believe it. I think better now come out from share market and wait till the market correction before reinvest again.<br /><br />I still believe the economic is getting better but now is just over brought and if buy during share market drop will bring more profit.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-12105959211314180982009-09-23T10:36:00.000+08:002009-09-23T10:36:00.557+08:00Market Focus Report From HwangDBS<span style="font-weight: bold;">Expect lower deficit. </span><br />The 2010 Budget will be presented in Parliament on 23 October amidst a challenging economic<br />environment. The Prime Minister will need to steer the economy towards robust economic growth while keeping the lid on a ballooning fiscal deficit. We expect a lower deficit in 2010 at 6.8% of nominal GDP versus 8.5% this year on lower operating expenses. In our opinion, there is a possibility of incremental corporate tax cut and a timeframe for Goods and Services Tax (GST) implementation in the future.<br /><br /><span style="font-weight: bold;">Higher development expenditure. </span><br />In terms of development expenditure, we expect a record allocation of RM55b-RM58b from<br />RM53.7b in 2009. As pump-priming remains a cornerstone to drive economic growth, there will likely be renewed emphasis on the upcoming mega projects such as the LCCT, LRT extension and Interstate Water Transfer – which should start latest by next yearend. The focus should be on implementation of these key projects and as such, we do not expect many other new mega projects. In our opinion, there is good chance of higher excise duty for cigarette makers. Historically, the government increased sin taxes for the tobacco sector in eight out of the past eleven years.<br /><br /><span style="font-weight: bold;">Positive on banks, construction, property. </span><br />Among the heavyweights on the index, the banking sector is trading at relatively low PE<br />multiples with<br /><ol><li>Public Bank (TP: RM11.10), </li><li>AMMB (TP: RM5.20),</li><li>Hong Leong Bank (TP: RM8.00) and </li><li>CIMB (TP: RM12.10) </li></ol> trading at 12-13x forward earnings while the KLCI is at historical average levels of 15x earnings (and 1.7x book).<br />We also remain optimistic on the construction sector and expect upside for share prices for select<br />stocks as projects are awarded over the next 12 months. Our picks are<br /><ol><li>IJM Corp (TP: RM7.00) and </li><li>Gamuda (TP: RM4.25). </li></ol>For property, we expect positive newsflow and potential upside in margins in the sector to lift valuations. We like large cap sector leader<br /><ol><li>SP Setia (TP: RM5.00) and niche developers </li><li>E&O (TP: RM2.10) and </li><li>DNP (TP: RM2.60). </li></ol>We remain contrarians on large cap laggard MISC (Buy; TP: RM9.60).<br /><br /><span style="font-weight: bold;">HwangDBS Large Cap Buys</span><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/SrLyYolrNWI/AAAAAAAAB-A/nx8WDSBKyR4/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 158px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/SrLyYolrNWI/AAAAAAAAB-A/nx8WDSBKyR4/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5382631009687385442" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><span style="font-weight: bold;">HwangDBS Small-mid Cap Buys</span><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/SrLy9NdDWXI/AAAAAAAAB-I/N4XOwMRcK7M/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 214px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/SrLy9NdDWXI/AAAAAAAAB-I/N4XOwMRcK7M/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5382631638058621298" border="0" /></a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-56343165134231770562009-09-14T09:02:00.002+08:002009-09-14T09:14:03.540+08:00Will Hari Raya Rally Continues This Week<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/Sq2YxrkHqBI/AAAAAAAAB7A/jnQpTGlnM6M/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/Sq2YxrkHqBI/AAAAAAAAB7A/jnQpTGlnM6M/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5381125109052844050" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />With FBM KLCI closing at last Friday on 1,208 most of us will think will the Hari Raya rally continues this week? Most of the big fund if they want to cash out for Raya bonus should done it by last week due to they need time to cash out from bank so likely they will cash out from market in this week so Market will supported. However Hari Raya is just around the corner so activity in share market may likely to slow down so market may likely to maintained.<br /><br />For me it will unlikely the market to drop below 1,200 point by this week.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-73130944905291822472009-09-08T11:39:00.003+08:002009-09-08T12:11:47.583+08:00Will FBM-KLCI Form A Second Time W Patten?<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SqXSRxIy7AI/AAAAAAAAB4Y/6tKesWFGVbw/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SqXSRxIy7AI/AAAAAAAAB4Y/6tKesWFGVbw/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5378936532653763586" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Since beginning of March 09 bull rally, FBM-KLCI form a W patten before jump more higher to 1190 level, however during that time KLCI 100 index also change to FBM-KLCI which only count base on 30 share and this W patten form in a month time. Now look like FBM-KLCI is also forming a second W patten but will the index jump high again?<br /><br />I think likely the index will jump up again after forming a double bottom or W patten but the level will not been that high like the first W patten and likely will drop back if the index hits 1200 level due to doubt about the sustainability of global economic recovery. Due to the same reason investors may seek refuge in gold by changing they investment in share into gold.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SqXZXN6bPAI/AAAAAAAAB4g/izdcqPz1r6g/s1600-h/908_gold.jpg"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 280px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SqXZXN6bPAI/AAAAAAAAB4g/izdcqPz1r6g/s400/908_gold.jpg" alt="" id="BLOGGER_PHOTO_ID_5378944322858859522" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />By yesterday US gold futures hit a six-month high of US$1,000 (RM3,500) and spot gold also rose to six-month high yesterday as the dollar’s weakness, concerns about the sustainability of the global economic recovery and worries about inflation underpinned sentiment. Along with currencies, analysts were watching stock markets to gauge gold’s direction. A sell-off in equities on concerns about the economy could boost gold’s safe-haven appeal.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-43673873232367606022009-09-03T07:58:00.005+08:002009-09-03T08:21:03.806+08:00More Down Side FBM-KLCI Will Go<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/Sp8Hy_nNixI/AAAAAAAAB2Y/4P25YsijkB4/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/Sp8Hy_nNixI/AAAAAAAAB2Y/4P25YsijkB4/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5377025052754414354" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />They are some bad and good news flow out since begin month of August but in Asia especially Shanghai Index had continues drop and above 20.5% correction. For Malaysia FBM-KLCI, the index still hold above support line 1150 and I think more down side will go due to base on the chart I did not see any bounds up sign yet.<br /><br />Now most of the fund manager is cashing out their profit from share market and I think they not done yet. However share sure will bounds and correction. I think when FBM-KLCI drop below 1150 we can start buy in some good quality share due to the economic is on the way of recovery so the share will bull run again by year end.<br /><br />Now share market is correction and now gold market is about to start again it bull run to hits USD1,000 per oz.<br /><br /><a href="http://malaysiagoldinvestment.blogspot.com/">For more Gold Investment Info click here...</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-16015825179359139362009-08-17T20:51:00.000+08:002009-08-17T20:51:00.277+08:00FBM KLCI Close At Red Sea<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SokatW1gxvI/AAAAAAAABug/IU7h7Z2Mdz4/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 157px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SokatW1gxvI/AAAAAAAABug/IU7h7Z2Mdz4/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5370853397142488818" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Today out of 30 share only 2 share keep out from the red. FBM-KLCI drop almost 20 point along with Asia market drop. The index had moving up for some time already and now is the time to do some correction.<br /><br />Over all the market is recovery so for me I will buy in into the market in ever big drop like today. After this drop I think FBM-KLCI will go side way for this month of August due to it is a month of "Puasa" so usually share will move higher during Hari Raya.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-10683836117266890192009-08-04T07:55:00.002+08:002009-08-04T08:15:47.092+08:00FBM-KLCI Is About To Celebrate Its "Full Moon"<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/Snd5LP9eH6I/AAAAAAAABrI/9EfMJltHdP0/s1600-h/2009Aug-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/Snd5LP9eH6I/AAAAAAAABrI/9EfMJltHdP0/s400/2009Aug-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5365890715205115810" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />About a month since the FBM-KLCI start take effect, KLCI index has going up about 100 point due to the new calculation base on 30 share.<br /><br />According to bloomberg, FBM KLCI is now priced at a price earnings ratio (PER) of 20.5 times. As the number suggests, it looks surprisingly more expensive than Hong Kong's 42-member Hang Seng Index at 18.5 times, and Singapore's 30 member Straits Times Index (STI) at 16.2 times.Is our stock market really more expensive than that of Hong Kong and Singapore, where trading activities are more vibrant?<br /><br />I think the answer is yes because FBM KLCI's 30 constituents said to account for more than 60% of the Main Board's market capitalization, have government linked companies (GLCs) that are tightly held by government institutions. When a stock is tightly held, it is likely that its valuations are well supported and hence it becomes expensive.<br /><br />Now government is easy to control the index and with the new launch Amanan Saham 1Malaysia sure will help government funding to continues to support the KLCI index and share market. I think to be save at all, invest into FBM-KLCI 30 constituents will be more sure profitable.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-36991187703417371042009-08-01T20:52:00.000+08:002009-08-01T20:52:00.483+08:00Economic Fundamentals Is Not Sure But Share Market Confident Is BackI'm not sure economic fundamentals is good or not but what I sure is share market confident is strong due to KLCI index is supported strongly. One thing surprise me is that they are still people did not know KLCI now is caculated by 30 share and banking system & plantation top 5 share will affect KLCI above 50%!<br /><br />So I think most of the retail investor with regular invest base on KLCI index will see market is getting better and supported. Because of that if they buy in penny share so sure the share they buy drop to zero also unaffected KLCI index. Now market really full of confident, I think this time government is vary smart by change the KLSE index base on 30 share to get confident into the share market.<br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SnK4lYNhnCI/AAAAAAAABqw/QZtU7kGqj34/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 160px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SnK4lYNhnCI/AAAAAAAABqw/QZtU7kGqj34/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5364553058445532194" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />I think this time is a golden time to invest into all the FBM KLCI 30 share warrant. I prefer warrant from banking system, plantation and gaming like Genting because all this 3 sector will affected above 65% of KLCI index so if government need to keep support the index sure all this top 5 share will be well monitor and supported by all the fund they had ( like Valuecap, EPF and tabung haji) .<br /><br /><span style="font-weight: bold;">Related Articles</span>:-<br /><a href="http://malaysiainfoedgezone.blogspot.com/2009/07/fbm-klci-is-not-same-with-klci-month.html"><span style="font-weight: bold;"></span></a><ul><li><a href="http://malaysiainfoedgezone.blogspot.com/2009/07/fbm-klci-is-not-same-with-klci-month.html"><span style="font-weight: bold;">FBM-KLCI Is Not The Same With KLCI Month Ago</span></a></li><li><a style="font-weight: bold;" href="http://malaysiainfoedgezone.blogspot.com/2009/07/ftse-bursa-malaysia-klci-breakdown.html">FTSE Bursa Malaysia KLCI Breakdown</a></li></ul>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1626400369102828859.post-20287637920078383662009-07-30T07:43:00.003+08:002009-07-30T08:04:26.525+08:00FBM-KLCI drop together with all the Asia share market<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SnDf-q_4WFI/AAAAAAAABqI/1pUMYxKYrwU/s1600-h/2009Jul-FBM-KLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SnDf-q_4WFI/AAAAAAAABqI/1pUMYxKYrwU/s400/2009Jul-FBM-KLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5364033423985367122" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Yesterday FBM-KLCI drop together with all the Asia share market due to the news Chinese media had reported that Industrial and Commercial Bank of China and China CONSTRUCTION <span class="load-quotes" id="CONSTRUCTION_span"><script>registerQuotes("CONSTRUCTION", "CONSTRUCTION_span")</script></span>Bank were capping their 2009 lending targets, a move that would slow down credit growth. Asian markets retreated on July 29, rattled by a 5% pullback of the Shanghai Composite Index on reports that China’s two biggest state-owned commercial banks were restricting their lending. This reason is use by fund manager to take profit and I think profit taking activity may continues because they need some cash for coming Hari Raya on Sept.<br /><br />Beside share market, Gold price also affected, after trading in a tight range for a few days, gold broke lower yesterday. Selling came on the back of<br /><ol><li>Weak investment demand, and selling in the physical market;<br /></li><li>Dollar strength, which pushed the greenback from just below USD1.4300 to as low as USD1.4130 yesterday. </li></ol>The trigger for this rally in the dollar was a much weaker-than-expected US consumer confidence data reading (down m/m in July). After yesterday’s sharp fall, weak long positions could be hesitant to re-enter the market. Gold support is at USD932 and USD926, with resistance at USD949 and USD964.<br /><br />Now the share market and gold market will drop, so for me I think it is a good time to enter this two investment tool.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-50153716018819739042009-07-29T08:02:00.006+08:002009-07-29T08:34:15.840+08:00Foreign Shareholding Still Low In The MarketFBM KLCI is continues to make new high for this year as close at 1,172 yesterday. The major contribution is from Banking and Plantation as this two sector already cover half of the index weight.<br /><br />Compare with regional, Malaysia recovery is still low and ringgit weakens against most currencies only strengthened against the US dollar. All this is a sign of foreign investor still not choosing Malaysia as a investment target compare Singapore and Indonesian. Like our banking system, foreign investor had put back their money because of the crisis and now they have return but still low compare before the crisis. As at end June foreign shareholding in<br /><ol><li>BCHB is 33.2% ( increase from 32% as at Dec 2008)</li><li>Malayan Banking is 10.76% as at 17 July 2009</li><li>Public Bank is 24.9% ( drop from 33.1% a year earlier )</li><li>RHB Bank is 5.2%</li><li>AMMB Holdings parent of the AmBank is 28.4% as at March 2009 ( drop from 36.9% a year earlier )</li></ol><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/Sm-SJH4iL0I/AAAAAAAABpQ/b8kIaXuJfd4/s1600-h/2009Jul-FBM-KLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/Sm-SJH4iL0I/AAAAAAAABpQ/b8kIaXuJfd4/s400/2009Jul-FBM-KLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5363666366654197570" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Now is about to end July 2009 and only 5 months before we enter the year 2010 as a recovery year for the hold world, for Malaysia economic to move higher and for us as a retail investor to make more money government need to make sure the foreign investor to come back more to Malaysia and if it do FBM-KLCI may hits over 1,500 point in next year.<br /><br />For me I think invest into Banking system and plantation share will make profit and if the share is too expensive try buy in they warrants. Till now foreign investor no yet fully enter into Malaysia market and if they do the index will fly high.<br /><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/Sm-YV1XlmuI/AAAAAAAABpY/apjmbkNADDw/s1600-h/2009Jul-IOICORP-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/Sm-YV1XlmuI/AAAAAAAABpY/apjmbkNADDw/s400/2009Jul-IOICORP-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5363673182092237538" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><div style="text-align: center;"><span style="font-style: italic;">Plantation is not yet fully recovery </span><br /></div><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/Sm-YWUSeHPI/AAAAAAAABpg/wlFFNNRUQ0E/s1600-h/2009Jul-PBBANK-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/Sm-YWUSeHPI/AAAAAAAABpg/wlFFNNRUQ0E/s400/2009Jul-PBBANK-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5363673190392274162" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><div style="text-align: center;"><span style="font-style: italic;">Banking system is about to fully recover </span><br /></div>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1626400369102828859.post-80558869474573626622009-07-26T09:08:00.001+08:002009-07-26T09:08:00.577+08:00FTSE Bursa Malaysia KLCI Breakdown<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SmkKYUKkTMI/AAAAAAAABn4/SgG6cyyezGY/s1600-h/KNM.bmp"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 367px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SmkKYUKkTMI/AAAAAAAABn4/SgG6cyyezGY/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5361828244207455426" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/SmkKYBlq-KI/AAAAAAAABnw/RupuL5-8rgI/s1600-h/KNM2.bmp"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 350px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/SmkKYBlq-KI/AAAAAAAABnw/RupuL5-8rgI/s400/KNM2.bmp" alt="" id="BLOGGER_PHOTO_ID_5361828239220865186" border="0" /></a><br />This is the breakdown of KLCI 100 share on the weight in FBM-KLCI for better analysis reference before buy in any share.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-47027609321784816552009-07-22T14:47:00.004+08:002009-07-22T15:44:17.861+08:00The Reason Why KLCI Surges To Fresh Year HighBlue chips rallied in the morning session on July 21, sending the FBM KLCI to a fresh year high of 1,153.94, with Bursa among the best performers among key Asian markets. The reason behind Bursa Malaysia surges to fresh year high is mainly because it ware base on 30 share compare 100 share for old KLSE index.<br /><br />FTSE Bursa Malaysia KLCI is made up of the 30 largest listed companies by market value, with at least a 15% free float and minimum 10% annual turnover of free-float shares.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/SmbCzw8ckmI/AAAAAAAABnE/fu2v8tcgSiY/s1600-h/KLCI+FBM+-+24+June.jpg"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 301px; height: 400px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/SmbCzw8ckmI/AAAAAAAABnE/fu2v8tcgSiY/s400/KLCI+FBM+-+24+June.jpg" alt="" id="BLOGGER_PHOTO_ID_5361186600998703714" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Analysis by sectors weightage<br /><br /><span style="font-weight: bold;">KLCI: </span><br /><ol><li>Banking 25.2%</li><li>Plantation 14.8%</li><li>Transport 11.1%</li><li>Utilities 9.5%</li><li>Telco 8.1%</li></ol><span style="font-weight: bold;">FBM KLCI</span><br /><ol><li>Banking 33.7%</li><li>Plantation 18.7%</li><li>Utilities 11.2%</li><li>Gaming 9.9%</li><li>Telco 9.3%</li></ol>In FBM KLCI just only 2 sector bank and plantation already cover 52% weightage so it mean to short KLCI high just only need to push up bank or plantation share.<br /><span style="font-weight: bold;"><br />Other than this, 10 counters which have a total over 70% KLCI weightage is:-</span><br /><ol><li>Commerce ( Najib Brother company) highest weightage 10.1%</li><li>Maybank</li><li>Public Bank</li><li>Sime</li><li>IOI</li><li>Genting (Gaming sector! sure make money share, but it is halal for Muslim to buy?)<br /></li><li>Resorts</li><li>Axiata</li><li>Tenaga</li><li>MISC</li></ol>For KLCI to fly high Malaysia government just need to make sure top 5 counters perform well so compare old KLCI the news system is mach more easy and in addition Commerce bring 10.1% weightage to KLCI so sure it will make the job more easy.<br /><br />7 sectors not in FBM-KLCI is:-<br /><ol><li>Building materials</li><li>Construction</li><li>Hotels</li><li>Insurance</li><li>Property</li><li>Timber</li><li>Technology</li></ol>so it also mean these 7 sector drop to bottom or zero manufacture ( worker no job ) will not affected KLCI index as long as your money keep in bank.<br /><br />New technical analysis is needed to invest in KLCI, the old type invest skill by using KLCI a guide line may not complete to give a good picture about Malaysia economic so when you want to invest into the share market may need to analysis sector by sector.<br /><br />Malaysia surely "boleh" Malaysia is using the concept is win the game by change the game rules follow what you want. Sure win.Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1626400369102828859.post-17901455711579555042009-07-20T07:37:00.002+08:002009-07-20T08:19:44.893+08:00Chartist S N Lock sees the bourse staging a U-shaped recovery<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SmOuwbr6q1I/AAAAAAAABl8/cPvMAOYJiiU/s1600-h/2009Jul-KLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SmOuwbr6q1I/AAAAAAAABl8/cPvMAOYJiiU/s400/2009Jul-KLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5360320128589933394" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Chartist S N Lock, who gave a presentation titled "Right timing: What do the charts say about the market's direction", at the Edge-Personal Money Investment Forum on the Stock Market 2009, is forecasting the FBM KLCI to rebound to 1,163 to 1,248 point this year. He sees the bourse staging a U-shaped recovery.<br /><br />During the forum, Chartist had highlight that the index will try to retest a double bottom after rebounding to targeted 1,162 point, although the secound bottom is more likely to surface next year rather than this year. At Friday KLCI close at 1108.08 and just 54 point before the bull run turn around base on Chartist forecasting so if this true we still have 5 months to invest safely in KLCI.<br /><br /><span style="color: rgb(51, 255, 255);font-size:85%;" >Technical Analyst, SN Lock shares his take on what the charts show of the markets direction and where it may possibly head in the near future.</span><br /><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/OvhM0w-KXdw&hl=en&fs=1&"><param name="allowFullScreen" value="true"><param name="allowscriptaccess" value="always"><embed src="http://www.youtube.com/v/OvhM0w-KXdw&hl=en&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object><br /><br />However base on the action plan taken by government a round the world and included Malaysia, the economic is making a U-shaped recovery in this year 2009 and likely to maintenance the bound up in year 2010 before a bull run start in year 2011 of a fully recovery. Thing may chance after a crisis as we had see economic Malaysia before and after 1997/1998 crisis, so US and China will be difference after this crisis. To continues to make profit in share after this crisis technical analysis also will need to change.<br /><br />Chartist S N Lock at the forum also adds that the numerical cycles of the index over the last 32 years have shown that the index tends to close higher in the years ending with the numbers 1, 3, 6 and 9.<br /><br /><span style="font-weight: bold;">Related Articles</span>:-<br /><ul><li><a href="http://malaysiainfoedgezone.blogspot.com/2009/07/malaysia-set-for-u-shaped-recovery.html"><span style="font-weight: bold;">Malaysia Set For U-Shaped Recovery?</span></a></li></ul>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-19632439873048124092009-07-16T07:38:00.004+08:002009-07-16T07:59:07.076+08:00FBM-KLCI Is Not The Same With KLCI Month Ago<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/Sl5ops0fthI/AAAAAAAABk0/uh2FXw2TCPo/s1600-h/2009Jul-FBM-KLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/Sl5ops0fthI/AAAAAAAABk0/uh2FXw2TCPo/s400/2009Jul-FBM-KLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5358835672232736274" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Yesterday KLCI hits year 2009 new high above 1,100 point before close at 1,097. However one thing we need to keep in mind that now KLCI index is not the same KLCI index last month ago because the new FBM-KLCI is base on 30 solid company and controllable by government.<br /><br />Majority share in FBM-KLCI is banking and plantation that government can control by using Bank Negara and CPO price. The real economic in Malaysia did not fully review in FBM-KLCI so using FBM-KLCI to analysis need to add in sector by sector index to get a real picture.<br /><br />All 30 share in FBM-KLCI had some small but no vary small share hold by EPF, Tabung Haji and government investment company like Valuecap and Kazanah so government had a better control on the index. Did you know why TopGlov not on the list? Everyone know TopGlov is making money business but not like to been control due to they business did not need government to back up.<br /><br />However, Asia economic is getting better and the business target on local and China market will be profitable so invest carefully on share market by analysis the natural of the business of the share you buy.Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1626400369102828859.post-87719981023118617442009-07-15T07:48:00.003+08:002009-07-15T08:31:49.275+08:00Malaysia Set For U-Shaped Recovery?The global economy is not quite out of the woods, but the good news is the worst is over. Backdrop of improving global economic data, Asia is expected to recover faster than the industrialized world.<br />They are some research house project a V-shaped recovery for Asia and I think V-shaped recovery likely to happen on China and India but for Malaysia, U-shaped is likely to happen after China and India recovery from crisis.<br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/Sl0jWnekF6I/AAAAAAAABkk/82u_o4IAR24/s1600-h/2009Jul-FBM-KLCI-640x699.png"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 366px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/Sl0jWnekF6I/AAAAAAAABkk/82u_o4IAR24/s400/2009Jul-FBM-KLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5358478003102029730" border="0" /></a><br />China and Singapore are among the top trading partners of Malaysia, the expansion in their PMI (Purchasing Managers Index) will spur demand for Malaysia's manufactured goods so with a V-shaped recovery from their, Malaysia will recover U-shaped. Be that as it may, domestic demand will still be the driver of Malaysia's gross domestic product (GDP) growth in the months ahead. Malaysia economy is expected to grow +1.3% in 4Q2009, but not enough to prevent the economy from contracting -3% this year before growing at +3.5% in 2010 said by CIMB<br /><br />Going forward, the performance of the Malaysia economy hinges on political stability and a continued pace of economic reform to make the country competitive and attractive location for foreign investors. History has shown that economies that slip into a deep recession will rebound just as sharply as was the case in 1998 when the Malaysia economy contracted 8% and bounced back 5.4% in 1999, with the last quarter growing 10.6% y-o-y.<br /><br />U-shaped recovery can still happen in Malaysia for several factors<br /><ol><li>Asia now has China and India ( and to a certain extent Indonesia) to offset slackening export demand from Europe and US.</li><li>Asian governments have all put in place aggressive stimulus packages which are beginning to take effect.</li><li>Asian policymakers have begun to focus on boosting domestic demand since 1998 and last but not least, the developed world is already showing signs of recovery, thanks to aggressive fiscal stimulus actions.<br /></li></ol>Unknownnoreply@blogger.com0