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| Nikkei Index |
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| KLCI Trading Activity 27th May 2013 |
The Kuala Lumpur Stock Exchange continues to be impeded by Nikkei's fall this morning. Stocks in focus still encompasses the Oil and Gas sector. It has been a while now since Telecoms are in play.
Monday 27 May 2013
Nikkei Slide continues to impede on KLCI's advancement
The Kuala Lumpur Stock Exchange continues to be impeded by Nikkei's fall this morning. Stocks in focus still encompasses the Oil and Gas sector. It has been a while now since Telecoms are in play.
Thursday 23 May 2013
and....Nikkei plunges, hits circuit breaker
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| Nikkei Plunges 7.3% |
Has the great crash begun? Stay tuned...
Wednesday 22 May 2013
Bitcoin : Time to re-enter?
After peaking off at around USD260 per Bitcoin, it fell to USD60-ish. Now trading at USD120 region, it is almost half of its value during its peak. Is it time to consider re-entry into Bitcoins? Recent trading volume has shown significant decline, but I see more and more reported acceptance of Bitcoins by retailers. While it might remain a novelty idea for sometime, this might be the defining moment for Bitcoin. With less trading volume, it could mean more stability for the cryptocurrency, a much sought after characteristic that business owners want. A stable currency is a good foundation to work towards being the de-facto alternative method to buy and sell online without big brother snooping around.
That said, a great entry price would be around USD80 if anyone can get it. Perhaps Bitcoin is not so much of a fad after all!
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| Bitcoin Chart; Uptrend Momentum? |
Monday 20 May 2013
Silver Crashing , as Predicted
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| Silver Crash 20/5/2013, Charts from FXCM |
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| Support Line indication at $17-$18/ounce |
Prior to this, I did mention not to go all-in to buy silver just yet. Hopefully some readers followed my call. This morning, silver was slammed by as much as $2 !!! It was reported over the weekend that HKMEx was to cease trading and settlement to be made in cash.
Could this had been the reason? After all, the world's markets are rigged, just like any big soccer match.
Anyhow, prices are recovering as we speak. But, keep a keen eye on the mentioned support line.
Thursday 16 May 2013
Gold and Silver slammed: Another End Game Scenario?
Silver Price
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| Gold Price |
I should advise on collection for Silver now, while Gold is a wait and see. Even so, only invest half of your intended amount, as the other half should be used incase if Gold and Silver broke previous lows. Be mindful that stocks for both precious metals could be limited, and don't take my advise as if. Do your own research.
On the other hand, the KLCI failed to break 1800, and as of today, is trading at 1770, down 12 points from open. There are some major profit taking, which is normal. I believe that the real condition of the economy : no real profits, lackluster demand; will begin to set in, and take its toll on unreasonably high valuation for some companies.
Monday 13 May 2013
Upwards momentum in KLCI forged with high trading volume
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| KLCI chart |
Crazy times indeed! The chart also shows potential upward momentum, with blue chip index stocks recording handsome gains. Second liners such as MRCB, DRBHICOM, E&O, DIALOG also made substantial gains, as well as related warrants.
Also, a little update on the US market. At Friday's market close for the US market, rumors floated on about the Fed considering tapering off their Quantitative Easing. Could this be the end of the road right here?
Over the weekend, it was reported that a SARS-related strain of virus killed 2 in Saudi. There were also two such cases in France. While the avian flu seemed to have not recorded new cases in China thus far, it seems that global population is facing an uphill battle against deadly influenza. Keep a keen eye. For now, I am still recommending a collection of Supermax Berhad shares.
Thursday 9 May 2013
Handal Resources Berhad (Stock Code: 7253)
Hope you guys managed to capture gains from DIALOG, GAMUDA, MRCB, E&O, SUPERMAX and all my other recommendations. Of course, no one's perfect but my thorough background analysis should have helped to limit your losses.
Of course, in an upwards market anyone can claim to be a genius. So, in this latest write-up, I will cover a company that I've been following for sometime. Though I have not bought any shares in it, since I'm in such a good mood today, I've decided to share it with you guys out there!
Handal Resources Berhad (Stock Code 7253) have been trading very lightly since beginning of the year, peaking at RM0.45. Today it closed at RM0.395
With all the buzz that similar companies have received lately, such as the likes of TH HEAVY, and ALAM MARITIM, I thought it might be time for us all to have a look at Handal.
For one, I like the name: Handal means "Smart" or "Skillful" in Malay. At the risk of sounding shallow in my analysis, its profit margins are quite similar as compared to THHEAVY and ALAM MARITIM. Also, I like the current price in which it is trading at, which presents a good bottom, and entry price.
At only 160 million shares being issued, and a market capitalization of RM63.2 million, this presents a really good opportunity and upside potential for speculators. Even THHEAVY is valued at RM500 million. Besides, Handal is trading well below its Net Tangible Assets Per Share of RM0.63
That said, with plenty of projects expected to be coming in, as higher oil prices will definitely drive more exploration for oil by the region's oil companies. Projects that are not economical when oil prices were low, are now worth the risk. Handal will be servicing these companies.
Anyway, more information here: http://www.handalresources.com/
Of course, in an upwards market anyone can claim to be a genius. So, in this latest write-up, I will cover a company that I've been following for sometime. Though I have not bought any shares in it, since I'm in such a good mood today, I've decided to share it with you guys out there!
Handal Resources Berhad (Stock Code 7253) have been trading very lightly since beginning of the year, peaking at RM0.45. Today it closed at RM0.395
With all the buzz that similar companies have received lately, such as the likes of TH HEAVY, and ALAM MARITIM, I thought it might be time for us all to have a look at Handal.
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| Handal Resources Berhad (HANDAL: Stock Code 7253) |
For one, I like the name: Handal means "Smart" or "Skillful" in Malay. At the risk of sounding shallow in my analysis, its profit margins are quite similar as compared to THHEAVY and ALAM MARITIM. Also, I like the current price in which it is trading at, which presents a good bottom, and entry price.
At only 160 million shares being issued, and a market capitalization of RM63.2 million, this presents a really good opportunity and upside potential for speculators. Even THHEAVY is valued at RM500 million. Besides, Handal is trading well below its Net Tangible Assets Per Share of RM0.63
That said, with plenty of projects expected to be coming in, as higher oil prices will definitely drive more exploration for oil by the region's oil companies. Projects that are not economical when oil prices were low, are now worth the risk. Handal will be servicing these companies.
Anyway, more information here: http://www.handalresources.com/
Wednesday 8 May 2013
Dow sustains above 15,000
Dow index is currently hovering above 15,000! On Monday, KLCI broke 1800!
Could this be the beginning of the unprecedented bull run ushered in by unlimited money printing, coupled with lowering of interest rates?
Currently trading (by lunch break 8th May 2013) at 1775.00, the index has to at least break above 1800.00 psychology level to prove a sustained rally.
If that happens, sticking to namely index pegged stocks should be a good play. Late comers can choose from stocks that have not went up yet; YTL, YTL POWER, PPB.
Speculators can take a look at related stock warrants.
Ready your chips, and roll the dice!
Could this be the beginning of the unprecedented bull run ushered in by unlimited money printing, coupled with lowering of interest rates?
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| Possible KLCI Downtrend ? |
If that happens, sticking to namely index pegged stocks should be a good play. Late comers can choose from stocks that have not went up yet; YTL, YTL POWER, PPB.
Speculators can take a look at related stock warrants.
Ready your chips, and roll the dice!
Monday 6 May 2013
Aftermath of Malaysia's 13th General Elections
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| After GE13: KLCI Climbs to All Time High |
Nevertheless, the markets zoomed upwards to all time highs, by leaping upwards almost a 130 points on news that the incumbent, known to be pro-business had won. The market stabilized at +50 points at lunch break.
Most counters were up very significantly, that included mainly the banks: CIMB, Maybank.
As for Supermax, news of its owner supporting the Opposition party, drove down its prices another 5 cents to RM1.95
Though Supermax is purely export business, speculators continue to dump its shares on fear of potential blowback. In my opinion, this presents a good collection opportunity for the avian flu play. Not all is lost. This counter is severely undervalued.
CSL also had a mild rebound, as expected.
Saturday 4 May 2013
Keep Calm and Collected This Weekend
Like any democratic nation, Malaysia too has to vote. Keep calm and do your thing.
While it has taken nearly 60 years for the opposition parties to come together and be a major contending force against the incumbent, Malaysians are not nearly as mature as many would think, yet.
Perhaps it will take another 10 to 20 years for Malaysians to actively engage each other "maturely" in political talk. By maturity, I mean being able to accept criticisms and not support a certain political affiliation blindly. To me, policies that can benefit the people, can come from either side of the political divide. Support constructive policies, and not the political branding alone. Support the candidate, and not the political party alone.
As for money politics, live with it. Malaysia's not the worst. Boy would it be fantastic to reduce political inclinations to spend money. But it requires a certain maturity in the peoples' mindset. Not when they readily ask for "benefits" every time they cast a vote. Vote for a person who might preserve your freedom.
As in the words of Ben Franklin: He who sacrifices freedom for security deserves neither
While it has taken nearly 60 years for the opposition parties to come together and be a major contending force against the incumbent, Malaysians are not nearly as mature as many would think, yet.
Perhaps it will take another 10 to 20 years for Malaysians to actively engage each other "maturely" in political talk. By maturity, I mean being able to accept criticisms and not support a certain political affiliation blindly. To me, policies that can benefit the people, can come from either side of the political divide. Support constructive policies, and not the political branding alone. Support the candidate, and not the political party alone.
As for money politics, live with it. Malaysia's not the worst. Boy would it be fantastic to reduce political inclinations to spend money. But it requires a certain maturity in the peoples' mindset. Not when they readily ask for "benefits" every time they cast a vote. Vote for a person who might preserve your freedom.
As in the words of Ben Franklin: He who sacrifices freedom for security deserves neither
Thursday 2 May 2013
Speculating Psychology
"Any tips on companies that I can buy?" is the question often asked to me.
I would often reply and give a few names, being lazy to further explain that it is not the right mindset to have. Infact, we might probably all agree that it is better to teach a man to fish, than to give him fishes.
Well...
Speculating is a life-long journey, and one must always be hungry to learn, to understand new disruptions in life. For example, who would have thought that is was possible to print your own art (physically), or your own magazine (for a rifle) using a 3D printer? It is the invigorating sense of you are not perfect, thus you must be better mantra that fuels every speculator's desire.
When I first started speculating in the stock market, I often ran out of ideas of what companies to buy. Nowadays, I have so many ideas that I almost never run out. So, how does one arrive on that ability?
There are many sources which I obtain my ideas from, business news being the last, these days. I highly recommend the broad understand of trends, before doing anything. This means, one should pursue the understanding of how the world works, and how it might work in a week, or few months from now. That includes the understanding of a little economics, business climate, and overall public sentiments.
Then you can slowly narrow down the types of businesses you might be in if you were an entrepreneur. Of course, having an understanding and ability to read technical charts, and candlesticks helps a lot in day to day trading ideas as well. I particularly love to browse around the "most active counters", and "top losers". When significant moves happen, it tends to signal to the market that something is "coming". Perhaps a buying opportunity, or a sell signal. One can then look for related news. That, in my opinion is how news should work to one's advantage. As for analysts reports, they only work to serve their masters, and most often favorable reports are only issued after a significant "unexpected" price movement or positive news developments.
A smart speculator must find out these things before it happens. Of course, if you have information from your "sources" then all these are probably irrelevant.
Just a thought.
I would often reply and give a few names, being lazy to further explain that it is not the right mindset to have. Infact, we might probably all agree that it is better to teach a man to fish, than to give him fishes.
Well...
Speculating is a life-long journey, and one must always be hungry to learn, to understand new disruptions in life. For example, who would have thought that is was possible to print your own art (physically), or your own magazine (for a rifle) using a 3D printer? It is the invigorating sense of you are not perfect, thus you must be better mantra that fuels every speculator's desire.
When I first started speculating in the stock market, I often ran out of ideas of what companies to buy. Nowadays, I have so many ideas that I almost never run out. So, how does one arrive on that ability?
There are many sources which I obtain my ideas from, business news being the last, these days. I highly recommend the broad understand of trends, before doing anything. This means, one should pursue the understanding of how the world works, and how it might work in a week, or few months from now. That includes the understanding of a little economics, business climate, and overall public sentiments.
Then you can slowly narrow down the types of businesses you might be in if you were an entrepreneur. Of course, having an understanding and ability to read technical charts, and candlesticks helps a lot in day to day trading ideas as well. I particularly love to browse around the "most active counters", and "top losers". When significant moves happen, it tends to signal to the market that something is "coming". Perhaps a buying opportunity, or a sell signal. One can then look for related news. That, in my opinion is how news should work to one's advantage. As for analysts reports, they only work to serve their masters, and most often favorable reports are only issued after a significant "unexpected" price movement or positive news developments.
A smart speculator must find out these things before it happens. Of course, if you have information from your "sources" then all these are probably irrelevant.
Just a thought.
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