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91
Equities / Re: TIME TO INVEST IN BURSA ??
« Last post by CurryLee on Yesterday at 02:28:15 PM »
ahbah very bad one...keep ask pple buy...say got hot marney from foreign fund rollin in like crazy......hell marney ah? foreign fund will goreng pantee sock not? some pantee sock very good one...until genting boss lim kee hua oso pop.eye wana invest n grow it..... later we all read so good news but dont let us buy.....how to untong ah? watch only ah? all becoz ahbah lar....kaciau kaciau...interfere market good luck..... :headbang:
92
Equities / Re: TIME TO INVEST IN BURSA ??
« Last post by CurryLee on Yesterday at 02:21:21 PM »
but if buy good share like aeoncredit yesterday ah....oso kena dump wo....... who dump geh? ahbah ah? giv good news then dump? ahbah...i know u buy at rm13.20....so low...what ur intention? u invest or wait to dump?  :shake:
93
Commodities / Re: Oil drop again
« Last post by king on Yesterday at 02:14:32 PM »



俄罗斯央行未雨绸缪
油价恐跌至每桶40美元
78点看 2017年3月25日
(莫斯科25日综合电)彭博社称,也许俄罗斯央行知道一些全世界都不知道的事。

在石油输出国组织(OPEC)及其同盟国本周末准备评估减产情况之际,全球最大的能源输出国的央行——俄罗斯央行,为迎接油价数年位于每桶40美元附近做好了准备。


对增长预期保持谨慎

彭博调查的分析师预计到今年底,基准布兰特原油价格将从当前水平上涨16%。布油价较俄罗斯出口的乌拉尔原油价格有小幅溢价。光是3月份由于供应局面恶劣而导致油价下挫10%,都造成市场忐忑不安;减产协议的重要伙伴国以及科威特会谈的参与国——俄罗斯,可能只会增加恐慌情绪。

荷兰合作银行驻伦敦的新兴市场外汇策略师马提斯说:“俄罗斯财政部、内阁和央行都倾向于对增长预期保持谨慎,增长在很大程度上仍由油价驱动,最好是保守一点,宁可意外看到上行情况,也不要由于过于乐观而落得失望。”

俄罗斯央行决策层周五表示,预计今年乌拉尔油价平均为每桶50美元,2017年底跌至40美元,之后2018至2019年期间维持在该水平附近。

重启货币宽松政策

俄罗斯央行斟酌其预估之际,还慎重地重启了货币宽松政策,指出原油市场的不确定性是造成央行预估趋于保守的一个因素。

俄罗斯财政部1月份时类似地强调了40美元的油价水平,当时财政部宣布在原油价格超过该水平时,为避免油价导致汇率波动,俄罗斯央行将开始代财政部购入外汇。

俄罗斯2017至2019年的预算案计算中,额外采用了40美元的油价。

新闻来源:综合报道


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94
Equities / Re: TIME TO INVEST IN BURSA ??
« Last post by king on Yesterday at 02:01:37 PM »


JUST SHARING AN OLD ARTICLE....



Saturday, 23 August 2014 | MYT 12:00 AM
Don’t be fooled by the high trading volume
BY M.SHANMUGAM . . . THE ALTERNATIVE VIEW

 
LAST week a broker got an order from a client who has not bought or sold shares for the past three years. The client, who is retired, placed an order to buy shares in Sumatec Resources Bhd at 61 sen.

Sumatec was among the few stocks that saw heavy volume being traded last week. The broker advised the elderly man that he should not be taken in by the euphoria that the market had seen last week, with trading volumes hitting record high of more than 7.6 billion shares in a single day.

Apart from Sumatec, the bulk of the shares were traded in two other stocks, namely, Globaltec Formation Bhd and PDZ Holdings Bhd. The three stocks have a combined market capitalisation of RM2.6bil, which is a fraction of the entire market capitalisation of Bursa Malaysia that stood at RM1.76 trillion yesterday.

The elderly retail investor did not listen to the broker’s advice. Sumatec ended at 45 sen that day. Now, the retail investor has to wait for Sumatec to recover or lose a few thousand ringgit if he chooses to sell.

The large trading volumes of stocks should not be a reason for retail investors to invest in stocks. Fundamentals should be the primary reason. The large volume is a game for a select group of market participants called proprietary day traders, or better known as stockists.

There are about 80 of them attached to various brokerages in Bursa Malaysia. Their job is to trade for the brokerage as principals. They don’t have any clients. The stockists can buy and sell as much as they want in a day. There is no limit imposed.

They are not imposed any brokerage fees but have to pay stamp duty and clearing fee to Bursa Malaysia based on the value of trades done. The duty is capped at RM250 or less, while the clearing fee is minimal.

A brokerage will normally place their stockists in a room where they conduct their buying and selling operations with minimum disruptions. Even phone calls are restricted.

The stockists can short-sell stocks without having the shares in hand. But they have to cover their positions by buying back from the market before the end of the day’s trading.

The profit from buying and selling are shared between the brokerage and the stockist. Normally 60% goes to the brokerage and the trader gets 40%. However, an “ace stockist” can command up to 90% of the profits. But the stockist has to absorb all the losses.

Normally, the brokerage will hold the profits of the stockist and pay out only after a year. An ace stockist can earn RM10mil or more a year by just being a principal stockist for the company.

But there are limitations to what a stockist can do to generate the volume of stocks. They generally shy away from stocks that are more than RM1 and that have a small paid-up capital.

Apart from having to incur a higher clearing fee, normally stocks that are held tightly tend not to have enough shares in the market to generate the volume without causing a substantial rise in the price.

The typical targets for a stockist are stocks that are priced at less than RM1 and that have a large share capital. For instance, Globletec Formation, which is an amalgamation of three stocks that were involved in manufacturing automotive components, has a capital of more than 5 billion shares.

Some companies like to see the activities of the stockist because it supposedly adds excitement to the market, not to mention to the stock as well.

But there is also a view that the stockists hold an unfair advantage over the normal investors because they can short a stock or take long positions several bids higher.

This allows a few stockists to “gang up” and deliberately cause a panic sell-down of a particular stock.

In jurisdictions such as Hong Kong, while short-selling is allowed, there are rules that prevent deliberate sell-downs. Anyway, this volume game of trading in stocks is not for retailers. It is only for the traders of the market where the risk and returns are high.

For retailers, ultimately value investing is the game. Value stocks may not have the kind of volume one would like to see nor would it be cheap. But it attracts the kind of investors who generally take a long-long term view.

Berkshire Hathaway Inc, the flagship listed entity of Warren Buffett crossed the US$205,000 per share mark last week, making it the highest-priced stock on the New York Stock Exchange. Despite calls from shareholders to split the stock, Buffett has stayed firm in refusing to undertake such an exercise on the grounds that it would attract a “different breed” of investors that he does not fancy.

A hard-to-trade stock encourages investors to take a long-term view and cuts out those trading on emotions. This is something retail investors should take heed of. The volume game in trading stocks is not their cup of tea. It is only for a select few.


Read more at http://www.thestar.com.my/business/business-news/2014/08/23/dont-be-fooled-by-the-high-trading-volume/#02MQzZjmP3Mkdhd3.99
95
Equities / Re: TIME TO INVEST IN BURSA ??
« Last post by king on Yesterday at 01:48:41 PM »



What’s cooking in penny stocks
TheStarSat, Mar 25, 2017

Active market: Investors monitoring shares index at a private stock market gallery in Kuala Lumpur. Bursa Malaysia saw overall turnover hitting a staggering 6.01 billion shares on March 20 – the biggest one-day volume since August 2014.
Active market: Investors monitoring shares index at a private stock market gallery in Kuala Lumpur. Bursa Malaysia saw overall turnover hitting a staggering 6.01 billion shares on March 20 – the biggest one-day volume since August 2014.

BURSA Malaysia has underperformed for the past three years, largely due to the outflow of foreign funds.

The foreign funds started coming back five weeks ago and subsequently trading volumes on the exchange picked up. Bursa saw its overall turnover hitting a staggering 6.01 billion shares on March 20 – the biggest one-day volume since August 2014. Total turnover was valued at RM3bil.

Unfortunately though, the good always attracts the depraved. Sure, foreign funds are here, but so are the much dreaded “pump and dump” operators.

The presence of the operators who churned out the volume was so immense that it prompted Bursa to come out with a warning to brokerages to not facilitate such activities. The exchange particularly mentioned about social websites that promote these stocks.

So just what are these “pump and dump” operators all about?

Well, they are perhaps a group of people who operate on creating hype and building up fevered excitement around a (usually) small company, where insiders can subsequently unload overvalued or worthless shares to unsuspecting investors.

So let’s say these pump and dumpers identify a cheap stock. Typically it has no earnings but rides on offering big “potential” for upside.

What they do is to cheaply acquire a large position in a company. Then they begin informing the public about this company via e-mail and Internet stock sites. They also start trading shares of these companies, creating volume and upside. Combined together, these activities create the perception that something big is brewing in that fledgling little company.

So the share price skyrockets, doubles, triples or quadruples even. Along the way, the operators dump their stock and make a fat profit for themselves.

That is more or less the modus operandi.

In the last few weeks, stocks that have hogged the volumes and gainers list are those in the sectors of construction, property, technology, logistics and e-commerce. The themes play out every few days before rotating to the next sector.

Brokers say it is more likely that the pump and dumpers are in some of the fintech stocks.

“The majority of the construction stocks, all said and done, have fundamentals and orderbooks to back their earnings. Furthermore, there are real construction contracts to be dished out this year and next.

“The same cannot be said for the tech stocks, where a lot of it is going up purely on potential and speculation,” said one broker.

Caution by the authorities

The authorities are vigilant of the current situation, and over the week, cautioned that “pump and dump” activities are circulating through the social media.

In a circular to the heads of dealing and compliance of stockbroking companies, the stock exchange said it discovered certain groups of market participants using the social media and Internet trading to carry out manipulative activities, which included “pump and dump” schemes.

The circular said that the operators of the “pump and dump” schemes, which are transacted through the social media, would typically begin by spreading false or misleading statements, news or rumours in investor blogs, chat groups – such as Telegram, WhatsApp, WeChat, electronic bulletin board postings or online newsletters – to entice or recommend unsuspecting investors to buy stocks which are touted as “hot” picks.

This, it said, was to facilitate the disposal of the stocks that they had accumulated earlier at higher prices.

Bursa said operators would often post their own researches and make unsubstantiated statements, promotional news or hearsay to gain the confidence of their followers and lure them into following their stock tips.

Bursa said the operators were persuasive in the chatrooms to entice people into buying the stock with the end goal of running up the prices.

When the stock price is pumped up due to an increase in trading volume, the operators behind the schemes will sell their stocks before the hype stops.

“The exit of the operators will cause the price to plummet while innocent investors who bought high and sold low will lose their money,” it added.

Bursa said it wanted to share the observations with brokers so that they become aware of such activities and alert their representatives and clients to exercise caution and diligence.

So what’s cooking?

Now, the latest batch of stocks being “peddled” by financial blogs and social media are those perceived to be beneficiaries of the Digital Free Trade Zone (DTFZ) where Jack Ma’s Alibaba will have a presence.

Prime Minister Datuk Seri Najib Tun Razak and Ma launched the DFTZ on Wednesday, which is expected to generate trade worth US$65bil (RM286bil) by 2025. It is expected to double the export growth of small and medium businesses by 2025 and create 60,000 jobs. It will also create a new Kuala Lumpur Internet City to house 10,000 Internet firms and 25,000 tech professionals in Bandar Malaysia.

Using these big numbers and the China factor, blogs have started talking up the likes of Dataprep Holdings Bhd, GHL Systems Bhd, Rev Asia Bhd, Cuscapi Bhd, Malaysia Airport Holdings Bhd, AirAsia Bhd, DKSH Bhd and Tropicana Bhd, among others.

The share price of Malaysia Airports Holdings Bhd (MAHB) going up isn’t all surprising.

MAHB will be teaming up with Cainiao Network, the logistics arm of e-commerce giant Alibaba Group where both companies will develop a regional e-commerce and logistics hub in the KL International Airport (KLIA) Aeropolis, as part of the DFTZ initiative.

This is not to say that all the thematic stocks that have moved up sharply are absent of fundamentals, but certainly the element of speculation is huge.

One of the sharpest rise was seen in business process outsourcing solutions provider Efficient-E Solutions. Its share price went up 72.41% or 21 sen in one day to 50 sen on Thursday. It was also the most actively traded counter of the day with 208.04 million shares being traded.

While it is true that Singapore Post Ltd is the largest shareholder in Efficient E-Solutions with a 20.8% stake, and in turn, Alibaba Investment Ltd has a 14.41% stake in Singapore Post, nonetheless fundamentally wise, nothing appears to be happening within the company.

It remains a loss-making company, posting RM10mil loss for its financial year ended Dec 31, 2016 from a previous net profit of RM44mil.

Meanwhile, companies like Cuscapi Bhd and Rev Asia Bhd are riding on the DFTZ wave by virtue of connections.

For Rev Asia, the link is through its parent company Catcha Group, which has been chosen to be the master developer for the Kuala Lumpur Internet City, a component of DFTZ.

It is also uncertain how software solutions provider Cuscapi, which is primarily involved in business management solutions software for the food and beverage industry, will benefit from DTFZ.

The company, however, posted a widening loss of RM36mil for financial year 2016, from a loss of RM24mil the year before.

Perhaps the most drastic of all moves are that of little Dataprep, which has seen its share price run from 25.5 sen on March 15 to reach its high of 65 sen on March 23. It has also been on a phenomenal run. At its last price of 62 sen, the stock still only has a market capitalisation of RM259.2mil.

The main reason being touted for Dataprep’s rise is because its owner, Tan Sri Lim Chee Wah, the son of Genting founder Lim Goh Tong, is a major shareholder of the 20 billion yuan (RM13bil) Genting Secret Garden Resorts project in China.

Genting Secret Garden Resort is an all-season holiday and skiing resort, which will be an important venue for the Beijing Winter Olympics 2022. It is located at the outskirts of Zhangjiakou city in Hebei Province.

The price is rising because Dataprep is Lim’s only Malaysian-listed company. His other private vehicle, VXL Group, is also a major investor in Secret Garden. There are now rumblings in the blogs that there could be a potential transfer of assets and Dataprep could be a beneficiary.
96
Equities / TODAY HOT WARRANTS & PENNY TIP >>.............?
« Last post by DR KIM on Yesterday at 01:43:04 PM »
thanks  to the  cheap  warrant  & penny RALLY   NOW  ON  GOING..... :clap: :clap: :clap:

Now just an early stage of  cheap warrants  & penny BULL  RALLY  as MORE  :cash: ARE  COMINGGG

EXPECTINGG   FURTHER  SOLID  angpows  & even JACKPOT  :clap: :clap: :cash:

##  Mr  Abalones   :cash: ONG  CHef  is around ?.... :)  :handshake: :cash: :cash:

TODAY  HOT  TIP  >>     NEXGRAM  &  SONS  WA   WB  WC  ... :clap: :clap: :clap: :thumbsup:

20 %  of  your  profit  to be hand over (donation )  to  KL  Homeless :phew:   ( Pudu  Raya  +  Chow Kit )

##  Jeles :giggle:  Grandma OLY  to come  in no time  to THROWWWW  Cold Water.. :D :)
97
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 01:38:44 PM »



Malaysian stocks likely to inch higher next week
TheStarSat, Mar 25, 2017

Affin Hwang Investment Bank Vice-President and Head of Retail Research, Datuk Dr Nazri Khan Adam Khan, said FTSE Bursa Malaysia KLCI (FBM KLCI) maintained its bullishness and stayed in higher territory as equity bulls remained largely unfazed by the increases in the US interest rate.
Affin Hwang Investment Bank Vice-President and Head of Retail Research, Datuk Dr Nazri Khan Adam Khan, said FTSE Bursa Malaysia KLCI (FBM KLCI) maintained its bullishness and stayed in higher territory as equity bulls remained largely unfazed by the increases in the US interest rate.

KUALA LUMPUR: Bursa Malaysia is likely to trend higher next week, with the benchmark index inching towards the 1,780-level, supported by positive local economic news and the return of calmness after the sharp drop on Wall Street early last week.

Affin Hwang Investment Bank Vice-President and Head of Retail Research, Datuk Dr Nazri Khan Adam Khan, said FTSE Bursa Malaysia KLCI (FBM KLCI) maintained its bullishness and stayed in higher territory as equity bulls remained largely unfazed by the increases in the US interest rate.
"For the year-to-date, FBM KLCI recorded a total gain of 116 points, or 7.1 per cent, signalling more resilience and upside in the near term despite imminent Federal Reserve rate increases and doubts on US President Donald Trump's fiscal reforms," he told Bernama.

On the local news, he said, Prime Minister Datuk Seri Najib Tun Razak's statement that Malaysia gross domestic product would be higher than 4.2 per cent this year should be supportive for market sentiment.

Nazri said this showed that the economy was growing more than double the rates the International Monetary Fund had predicted for advanced economies while showing that Malaysia was firmly on the path to become a high-income nation.

On the technical front, he said, immediate uptrend supports for the index were at 1,700 and 1,730.

However, a convincing breach above 1,760 resistance would mean that the FBM KLCI would aim for the 1,780 and 1,800 levels.

On a week-to-week basis, the FBM KLCI increased 0.55 of-a-point to 1,745.75 from 1,745.20 last Friday.

The FBM Emas Index rose 24.52 points to 12,365.86, FBMT 100 Index was up 20.7 points to 12,017.00 and the FBM Emas Syariah Index gained 45.52 points to 12,772.75.

On a sectoral basis, the Finance Index added 8.08 points to 15,748.07 and the Industrial Index rose 8.43 points to 3,272.24.

The Plantation Index was 4.94 points weaker at 8,156.67.

Weekly turnover surged to 22.23 billion units worth RM15.24 billion from 19.39 billion units worth RM17.22 billion last week.

Main Market volume narrowed to 14.74 billion shares valued at RM15.16 billion from 15.10 billion shares valued at RM16.53 billion previously.

Warrant turnover rose to 1.23 billion units worth RM149.62 million from 1.22 billion units worth RM148.94 million last week.

The ACE Market increased to 5.98 billion shares worth RM897.82 million from 3.0 billion shares worth RM523.39 million previously. - Bernama

98
Global Markets / Re: S&P 500 Index Movements
« Last post by king on Yesterday at 01:27:39 PM »



Saturday, 25 March 2017 | MYT 11:22 AM
US stocks: The weekahead
image: http://www.thestar.com.my/~/media/online/2016/06/24/23/05/global-stocks.ashx/?w=620&h=413&crop=1&hash=6F932AFC3DEFF5480C2B0E477BA6105077C8F316
As he acknowledged defeat for the healthcare bill, Trump said Republicans would likely pivot to tax reform. Bets on that shift in focus were seen in stocks late on Friday, as the market cut its day losses when news of the health bill being pulled emerged.
As he acknowledged defeat for the healthcare bill, Trump said Republicans would likely pivot to tax reform. Bets on that shift in focus were seen in stocks late on Friday, as the market cut its day losses when news of the health bill being pulled emerged.
 
NEW YORK: The death of the Republican healthcare reform may not prove to be the knife to the heart of the bull market some had feared, but to keep the Trump Trade alive investors should temper expectations for the breadth of expected tax cuts.

Anxiety over prospects for the healthcare bill gave stocks their largest weekly drop since the November presidential election. But its failure to pass could also force the Trump administration to come up with a palatable tax reform that could deliver this year some of the stimulus Wall Street has rallied on.

The S&P 500 rose as much as 12 percent since the surprise Nov. 8 election win President Donald Trump, mostly on bets that lower taxes, deregulation and fiscal stimulus would boost economic growth and corporate earnings.

As he acknowledged defeat for the healthcare bill, Trump said Republicans would likely pivot to tax reform. Bets on that shift in focus were seen in stocks late on Friday, as the market cut its day losses when news of the health bill being pulled emerged.

"The market believes it raises the probability of a tax cut later this year since Trump is showing more strategic behavior. (It) puts the market a little more at ease," said Paul Zemsky, chief investment officer of multi-asset strategies and solutions at Voya Investment Management in New York.

On the campaign trail Trump promised to lower the corporate tax to 15 percent. In order to make the tax reform revenue-neutral, and agreeable to the most money-sensitive wing of his party, his administration counted on savings from the health bill that will no longer materialize.

"If we want to get something passed by the August break, it’s going to look a lot like tax reform light,” said Art Hogan, chief market strategist at Wunderlich Securities in New York.

"If we settle somewhere between the 25-30 percent corporate tax rate, that is far from the 15 percent offered in the campaign trail and the 20 percent currently in the House plan, (and) I think that’s where we end up."

Softer cuts in corporate taxes leave stocks vulnerable after a rally on hopes for more, he said.

"It’s not a negative, it’s just not the positive the market had priced in."

Aside from Trump's pro-growth agenda some investors have pointed to an improving global economy and expectations for double-digit growth in corporate earnings as support for the lofty valuations in stocks.

"The evidence suggests to me that there is some Trump fairy dust sprinkled on this rally. That said, the underlying fundamentals do look better," said Alan Gayle, director of asset allocation at RidgeWorth Investments in Atlanta, Georgia.

A survey on Friday showed Germany's private sector grew at the fastest pace in nearly six years in March, suggesting an acceleration in growth for Europe's largest economy in the first quarter.

Stocks could also turn to earnings to justify their price. First quarter earnings are expected to grow by more than 10 percent, according to Thomson Reuters data. In another sign of investor bullishness, February's reading on consumer confidence touched its highest level since July 2001.

If earnings fail to deliver double-digit growth, stocks could again be seen as too expensive. At $18 per dollar of expected earnings over the next 12 months, investors are paying near the most since 2004 for the S&P 500.

"The advance we’ve had and the large spike in confidence, the expectations on the economy and earnings expectations - we continue to believe it is too high," said Julian Emanuel, executive director of U.S. equity and derivatives strategy at UBS Securities in New York.- Reuters
TAGS / KEYWORDS:

Read more at http://www.thestar.com.my/business/business-news/2017/03/25/us-stocks-the-weekahead/#j5HrcH1FCf0FjWkh.99
99
Equities / Re: TIME TO INVEST IN BURSA ??
« Last post by DR KIM on Yesterday at 01:25:33 PM »
BURSA Malaysia has underperformed for the past three years, largely due to the outflow of foreign funds.

The foreign funds started coming back five weeks ago and subsequently trading volumes on the exchange picked up. Bursa saw its overall turnover hitting a staggering 6.01 billion shares on March 20 – the biggest one-day volume since August 2014. Total turnover was valued at RM3bil.

outflow of foreign funds = three years

started coming back = 5 weeks.

Verdict : much, much more foreign funds expected to come back.  :clap: :clap: :clap: :dancing:

yesss.....with volume  around  4 - 5  billions unit  daily  -  really  a  super bull in the making
but  now  only at the early  stage  >>  stage  1  bull ...

Not   late  to join the Band wagon ( bull market )......but  if  prefer  the chicken_feed  FD @  Fixed Deposit  3 %  a  year  , or peanut  :headbang: 6  %  ASM . ASB we  can't  help your  -  stick to your  snail  phased :phew: :sweat: peanut  return  :sweat: :'(

###  with dow  jone  steadily above  20,000 +  ,,,,
this  is  an early stage of  super bull to BURSA @ KLSE !...huartt  arrrrr :cash: :beer: :cocktail: :party:
100
Equities / Re: WELCOME BACK KAWAN LAMA
« Last post by DR KIM on Yesterday at 11:35:35 AM »
Post to share our opionion on how to find the gold in the mkt gold mine la like U and our DR KIM.  :handshake: :handshake: :handshake:

thambee  is  back ?   

slow thambee :headbang:  , not the used to be thambee ;) :D

>>  ENJOY  the warrant  &  penny RALLY  NOW  :clap: :clap: :thumbsup:
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