PETDAG Will Likely More Higher Because Of Budget 2013

Base on the chart and budget 2013, PETDAG will likely go more higher by year end to continues support the FBMKLCI index.

More cash out from PETDAG to government will be done before the election next year.

PETDAG Continues To Move Up To Support FBMKLCI

PETDAG continues to move up this few days to push the index to new high. You may see all the Petronas share is moving to new high in history.

As long as the election date not been fix, I think PETDAG will continues to move higher. However, this show that Malaysia share index is very easy to manipulate by government.

PETDAG still holding on RM21.20 level. If FBM KLCI need to move up higher this share will also move up.

For early of 2012, PETDAG is one of the share that you will not regret buying it. PETDAG is Malaysia GDP main support with money from profit can be move around for special purpose.

If you use personal loan to buy this share early this year, the profit is already enough to pay interest. However, with current world situation, if QE3 come, world share market will move up and money power will drop. Month of September will be a month to mean a lot.

27% Profit From PETDAG Since Begin Of The Year

If you buy PETDAG since begin of this year, you already make 27% profit from your investment and for this share no need to do any analysis due to this share profit need to be use for GE so the report of earning sure very good.

PETDAG is unaffected by any bad news from US or Europe, this share will only go dip when government change. In current share market situation, forgot the bank share just focus this share will make you profit.

Time To Sale PETDAG Is Near

After this two days of mark up, smart money is testing the market and likely PETDAG share price is already reach top of the rally. For coming GE, a lot of money need to be use so likely they will cash out from PETDAG soon.

Time to sale PETDAG is near.

PETDAG Broken RM20 Level

PETDAG already broken RM20 level with very low vol after market test last week. PETDAG still will moving up due to it needed to support the FBMKLCI index.

PETDAG High Trading Vol

Last Wednesday during FBM KLCI big drop, PETDAG having a very high trading vol, the big buy in is when the price drop below RM19.50.

This is the only share will be good in current market situation, however for the share to move up higher will be unlikely for now.

PETDAG Continues To Move Up Higher

PETDAG continues to move up higher after market test on 27 APR 2012 show positive.
( Ref: old link PETDAG show bullish sign after market test)
As you may see that yesterday price mark up with very low vol, this show that the price move up is due to supporting the index so it is a good sign for investor because the share price may move up above RM20 when needed.

This is the only share you should keep for this year as long as BN in power. The share price can be any price up to BN to mark it.

PETDAG show bullish sign after market test

PETDAG show bullish sign after market test now is just planing a good news to push the price to RM20. PETDAG 4Q2011 result will be roll out by May and also may be go a long with GE announcement. Likely the price will jump very fast (in 3 to 4 days trading ) to hits RM20.

Once all the good news out the share may drop, however due to this share price is fully control so will it be mark down again may also unlikely. All Petronas share is use to support FBM KLCI index and the price can be anything.

PETDAG Market Test Show Positive!

Yesterday we see PETDAG test the market by pull down the share, however vol show that the down side is limited. Current state is base on the chart movement major share is in big Fund manager hand and it is time to mark any price they want to support the FBM KLCI index.

Current I only hold on this share. I think before GE announcement this share will go to RM20. Likely today will had another test by mark up than pull back.

PETDAG Up To Support The Market

PETDAG just broken RM18.80 and ready to mark up higher. This is one of the share that you should keep. Today likely will mark up again to test market, once found good, the share will move up to support the market due to Bank share will likely to move down, the empty space will replace by PETDAG.

PETDAG Share Price Still Looking Good

PETDAG share price still moving up in this week even FBM KLCI had dip near 1,560 level. Last 2 trading day, the vol of this share had pick up, price likely to revisit old high soon.

FBM KLCI index is Supported By PETDAG

PETDAG still moving up during market is slow. Now FBM KLCI index is supported by PETDAG. Any big dip is a good opportunity to buy into this share.

FBM KLCI Hits New High Thank To PETDAG

Yesterday we see FBM KLCI index up above 9 point due to PETDAG mark up with low vol. From my old post, for FBM KLCI to move higher all Petronas share will go up and one thing good is all this share price can jump up without high vol.

I just got my holiday fund from PETDAG call warrant.

Luckly FBM KLCI Had Petronas Share

Luckly FBM KLCI had Petronas share in it. 3 Petronas share had been supported FBM KLCI since March 2011. PETDAG, PETGAS and PCHEM are in history high and still look positive to go up more.

For good investment return, buy this 3 share because the price can only been up. Only sale it if BN lose in GE.

FBM KLCI Well Support By PETGAS

The FBM KLCI look well supported is due to most of Petronas share like PETGAS and PETDAG. For me beside bank share, all Petronas share will be very bullish as long as UMNO is in power. For long term investment, I think Petronas share warrants is a good investment tool to make profit.

Malaysia is now the “least favoured market” in Asia Pacific

News come out at Malaysia insider report that Malaysia is now the “least favoured market” in Asia Pacific for investors after nearly doubling its underweight rating from last month, according to a recent Bank of America Merrill Lynch report. The country slipped two spots — from 10th place to dead last — in the investment bank’s latest Fund Managers Survey, even as the Najib administration prepares to unveil ambitious economic reforms meant to boost investor confidence.

















So I think Najib administration fail to boost investor confidence but successful boost FBM KLCI index go up. The biggest reason why FBM KLCI index move up may likely because they need to cover the real economic situation, however if this is the reason so FBM KLCI will be a safe place to invest. Sure Najib administration will use any thing to support the FBM KLCI till next general election, now the budget for 2011 is near and if really next year the general election sure this budget will be very good for FBM KLCI index to go higher that 1,500 level.

For me, now I only invest into FBM KLCI component share only especially CIMB and PetDag. For FBM KLCI to move higher I thing TopGlov will up to new high after the accumulation end.

PETDAG Is Giving A Very Good Support To FBM KLCI

PETDAG continues to move higher today with low vol. Base on the chart PETDAG price may likely to go higher if FBM KLCI move to 1,500 level. This is the only share I keep for long term investment not because the business they in, the share price will always up because to support the index and it is a political tool. As long as BN in power, PETDAG will always move higher when it needed.

FBM KLCI Index Well Supported By PETDAG

PETDAG low vol price push up, well supported the index. This is a very good share to invest as long as government still want to support the market.

PETDAG Moving Up With Low Vol

PETDAG become one of my target share since May big dip because this share supported FBM KLCI when needed. I had keep some for long term investment when the price is around RM9.62.

If you analysis the chart this share move like BAT but the price can go up without vol to support. FBM KLCI can supported above 1,340 is thanks to PETDAG. For long term investment this share is good and also as long as government want to support the index even FDI fund is low in Malaysia this share will up.