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Showing posts from 2008

Is Dow Jones reach bottom?

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Base on the last 20 days chat, there's yet to see the break out! Yesterday Fed cut rate by 1%, market respond was closed down 74 points. So far, we could see double bottom already form. What we need to see is break out of 9200 points. If market turn south, it would down to next 8100 strong support level. For record purpose: Gold price = 752 Oil = 66.

18 days after crash of Dow Jones

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  This is the most scary market – one of my friend told me yesterday. Dow Jones Industry Index continuously down for 8 days without rebound. The record as below: -19, -348, -157, -369, -508, -189, -678, -128 As of Oct 10, 2008 , DJI closed at 8451, compare to 8 days ago 10,700. This indicate a down of 21% just in 8 days. For the next 10 days, only 2 of the days rebound, the rest all at down side. At the time of writing this article, Oct 27, 2008 , DJI broke another low record of 8256. Seem that market had not found the bottom. According to one of the market watches, this is due to hedge fund and investor fear of worldwide recession. Actually, if the properly burble came from US and Europe , there should be no reason for Asia to follow the down trend. However, what we see now is Asia also follow the same down trend. The only reason can explain was 2 years of Bull Market already came to the extend that it’s time and good reason for investor to leave the market for now. In US, we

Loss money feel sad, earn money feel even pain, this kind of people not suitable invest in Stock Market

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How to know one is suitable invest in Stock Market? I always joking tell my friends, when   noticed from news paper the stock you bought drop further till limit down again, take mirror and find yourself, if the face look bad, the eyes is red, please get the expert’s help, it could be you have overtrade. But you need to know your eyes is turning red or yellow… yellow could be hepatitis disease, go to see doctor immediately ya!  Always I make a joke to my fried, go to take a photo before start investing in Stock Market. After buying some stock for 3 months, take another photo. Then compare the two photos, if before enter the Stock Market you look great, fresh, handsome or beauty, but the photo later look sad without spirit, bore, you know, it could be you have no faith with Stock Market! Go and take some other investment option.  The volatile of Stock Market is very common, if one can not accept the price keep on moving down and feel sad till no appetite, this is yellow light! Howeve

Word of Wisdom for Stock Market

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There is no Win or Lose, no Fear or Greed. All you need to know is find the right  opportunities  in stock market and be aware of when the opportunities end.  When price down, just buy without fear. When price up, sell and lock your profit without greed.

Market Down – How to Survive

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Most of the investor knows the theory, “buy low, sell high.”   However, with the fear of an economic slowdown the market now moving up and down – volatility is back. The rapid downward movement makes it difficult for investors to fulfill the buy low sell high strategy. If you are not selling high, you are not freeing up cash to invest in the bargains that are becoming available in generally falling market.   However, there’s always active cash machine – dividend paying stocks become popular and powerful in down market. Those dividends get paid regardless of what direction stocks move. Less know, but important, is that dividends themselves can give you a tremendous rate of return, with no stock gains required. So even market stay flag or down for years, you can still get a decent return on your investment --- dividends. The true power and returns from dividends come from the rise over time as the companies behind those dividends grow and prosper.   In the down market, you can re

Investing is similar to taste of Strong Wine

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Many people like to ask, how much money should one invest into Stock Market is considered appropriate with good return? There’s no definite answer, to me, if one can afford to loss money in Stock Market and he can still enjoy the meal with good appetite, then it should be fine.   Most of people enjoy drinking, not only one bottle, but kind of few bottles in one short. I don’t know how people really enjoy with this kind of bottom up drinking, but for sure, if buying Share with this kind of behavior, your pocket is going to bottom up! (Chinese say Gang Pei , let the glass empty)  Actually, buying share is like tasting of X.O., little by little, with this slowness drinking, one can enjoy the process, taste it at least. Normally if drinking too much too fast, the only possibility is vomiting.   One should only invest with the money that intended to keep in Bank’s Fix Deposit account, say about 40% of net worth. Every month review the investment result before making any decision, i

The purpose of Investment

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Many people when ask why they invest… the first answer is to earn money. Yes, many of the advisor or instructor when given speech on investment, the answer is “Making Money”. Is that so simple? Few years ago, there’s an old man migrated to America , he felt life was boring there. As he didn’t know English, didn’t know how to drive, life was meaningless until he meat a man who told him to invest in Stock Market. Temple Pagoda... God never promise sky will always blue!    At the years of eighty, he start to invest part of his money, about 100 thousand in stock market. Investing in stock market has changed his life. First, he started to read news paper. He subscribed to 3 news paper and search the dictionary on any word which he didn’t understand. After 3 years, his English standard had improved a lot! Beside, he start to listen to TV news in order not to miss out any important event. This had improved his English literacy as well.  Quite strange, the hearing problem was being

The market is always wrong?

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In the recent market crashes, the KLSE fell about 1150 points, a drop of 350 points within 6 months. When the overall market is coming down, analysis tend to lower the target selling price of a company and increase the target selling price when the overall market is trending higher. Whenever stock market has a lot of uncertainties, all stocks good or poor fundamental stocks will hammered down.  However, we always believe crisis means opportunities. The recent drop in market prices creates magnificent investment opportunities. Even though the market may drop further as there are still a lot of uncertainties and outstanding negative news pending announcement, we believe there is great opportunity for long-term investment. Warren Buffer  believes that stock market is manic depressive, it always overreacts to positive as well as negative news. If the overall market sentiment is good, the stock price may surge sky high. However if the stock market is depressive, the stock market may go down

Lessons from Warren Buffett’s guru

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Phillip Fisher says he doesn ’ t want a lot of good investments but a few good outstanding ones.   Q: What can we learn from Philip Fisher?    Philip A. Fisher, one of Warren Buffett’s investment gurus, is known for his philosophy on the qualitative aspects of selecting a good company for investment. Buffett learned qualitative analysis from him.   Fisher got his early education at Stanford Business School . He joined an independent San Francisco bank as a securities analyst in 1928, and founded Fisher & Co, an investment  rganizati  business, in 1931.   According to his book entitled  Common Stocks and Uncommon Profits , one of the most important investment philosophies from Fisher is Scuttlebutt, which he also calls “the business grapevine”, in investing.   Scuttlebutt is the use of the business grapevine to analyse a company. We can obtain the information from customers, employees, suppliers, academics, trade association officers, industry observers, etc. This information is cru

Now Is a Fantastic Time to Be a Value Investor

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The Dow Jones Industrial Average reached its yearly low yesterday. The S&P 500 and Nasdaq are each down a minimum of 12% year to date, too -- and we're talking about broad-market indexes, including Bursa. Now is a fantastic time to be a value investor. Really. With stocks so widely sold off, and with pessimism so pervasive, you should make like a bargain shopper and pick out a few of the values that seem to be screaming, "Buy me!" Of course, it is always difficult to believe that stocks could possibly go up when every day they seem to edge lower. We're human, after all, and a constant downward spiral brings an overwhelming sense of loss and makes us remember prior market crashes, like the Nasdaq bubble at the beginning of this decade or the Black Monday Crash of '87. But if those memories make you want to shun the market, sell your stocks, and move to "safer" investments, let me be blunt: That's a recipe for disaster. The market crashes I alluded

Resort - 2008 Quarter Review

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Received the below article from one of the fried: Income Statement -  Nothing major sticks out like a sore thumb here when comparing Q1/08 to Q1/07.  Revenue grew slightly.  Cost of sales marginal growth.  Gross Profits okay.  Other Income and expenses steady.  Profit from Operations Good.  Finance cost small and improved.  No more big loss from Star Cruises.  Taxes okay.  In short, diluted earnings of 5 sen for Q1/08 looks okay. Balance Sheet -  There's no question Resorts Balance Sheet is very strong.  Total cash recorded under Current Assets is $3.2 Bn.  Under Fixed Assets, there is another $1.4 Bn of what comprises mainly quoted securities. The "other long term investments" recorded at $0.5 Bn does not reflect unrealized gains (per 2007 Annual Report, although I'm not sure what the value is today).  However, the sharp eyes amongst you will have noticed that the sum of these 4 items have actually decreased from Q1/07. The question is where did that money go? A quic

Breath

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我們有左邊、右邊鼻孔,吸氣、吐氣時有沒有一樣? We have left, right nose, is that the same for inhale and exhale? 其實不一樣 ,可以感覺 不一樣;右邊等於是太陽的意思,左邊等於是月亮 . Actually they are different, can feel the difference; right side represent the sun, left side represent the moon.   平常頭痛時可以用手把右邊鼻孔關起 來,只用左邊鼻孔吸氣、吐氣,約五分鐘, 頭痛就好 了。 When having headache, try to close right nose and use your left nose to do your breathing, about 5 min, headache will be gone. &n bsp;   如果疲倦、 累了,相反的關起左邊的鼻孔,只用右邊吸氣、吐氣,不用多久,馬上 精神好起 了。   If you feel tired, do it the opposite round, close your left nose and breathe through your right nose. After a while, you will feel your mind is fresh again.   因為右邊屬於火氣,比較會熱,左邊比較會涼。 Right side belongs to heat, so it gets hot easily, left side belongs to cold.   女生大部分吸氣、吐氣在左邊,所以心比較會涼快。 Most of the girls breathe with their left nose, so their heart gets cold easily.   男生大部分吸氣、吐氣在右邊,所以他們比較會生氣。 Most of the guys breathe with their right nose, so they get angry easily   我們起床時,可以注意哪邊

Tanjong - Potential grow stock?

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大馬財經 業績評論  2008-06-24 12:00 (吉隆坡)丹絨(TANJONG,2267,主板貿服組)首季淨利符合及高於證券行預測,但分析員在大馬電力領域走勢預期放緩及此公司首季出現龐大開銷下調整其財測,惟海外電力業務貢獻依然看俏。 丹絨截至2008年4月30日首季淨利上漲81%至2億96萬7000令吉;受淨利上揚推動,該股週一(23日)以14令吉30仙報開,上揚10仙;更一度上漲30仙或2.1%至14令吉50仙,但閉市時漲幅收緊,僅能以14令吉20仙平盤掛收。 大馬研究指出,此公司首季淨利較該行預測高出14%,並較市場預測高24%。然而,在大馬電力市場盈利可能受創下,大馬研究下調丹絨2009年至2011年財政年盈利預測7至9%。 基於旗下Pahlawan電力廠於首季出現儲運損耗現象、海外電力資產的競標開銷及第二季即將配合維修而關閉廠房的因素影響下,2009年財政年的電力業務預期萎縮22%至3億4000萬令吉。 儘管大馬電力業務貢獻走低,但集團電力盈利依然預期上漲15%至8億9200萬令吉,主要動力來自GLOBELEQ資產支撐。此資產貢獻首季39%整體電力盈利,海外電力資產則貢獻70%營運盈利。 獨立發電廠(IPP)所徵收的暴利稅預期只會對這公司帶來極微影響。這是因為該公司超過50%電力業務盈利來自海外資產,而在高營運與維修開銷影響下,大馬的電力業務也預期不會出現驚人表現。 全年料派息1.07令吉 “股息派發預期維持吸引力,而全年預測達1令吉零7仙;首季總股息達17.5仙,比較同期的14仙。” 另外,分析員相信該公司已準備競標更多海外電力資產,而海外市場也預期在現有的經濟環境下出現更多電力廠買賣活動。 僑豐投資研究指出,丹絨的首季表現符合僑豐投資研究預測,主要受到GLOBELEQ資產的貢獻及較低的博彩派獎率推動,而首季淨利也包括脫售英國麥格理廣播控股權所獲得的6千200萬令吉投資賺益。 電力業務依然為這公司增長動力,並首次從去年收購的GLOBELEQ獲得全面貢獻。此公司首季電力業務營業額上漲49.5%,盈利則上揚26.1%。如果沒有納入旗下電力廠儲運損耗所帶來的影響,其增長率依然強勁。 博彩業的1.6%增長率與同期一樣,派獎率則為64%,比較前期的66%。 管理層透露,此公司正針對埃及電力資產的債務再融資事項進行籌備,而相關貸款被分為兩批發行,淨利息成本介於

Recession is Coming?

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Recently receive below message from friends seem the source from CIMB: Recession is coming ... make your own judgment, don't panic !! Do what is wise. The recession looks very eminent. It is really time to take pro active steps to avoid a painful time in the next two years which is how long the recession is expected to last. Suggestions: 1. Don't take any loans, buy homes, properties with loans, or even cash. Keep as much cash as possible. 2. Pay off as much of personal loans, private loans, as debt collection will be hastened. 3. Sell any stocks you can even at lower prices. 4. Take money off from Trust Funds. 5.  Don't believe in huge sales forecast from customers, be extremely prudent, lowest inventories, reduce liabilities. 6. Don't invest in new capital. 7. If you are selling homes/ properties/ cars , do it now, when you can get good prices, they are going to fall. 8.  Don't invest in new business proposals. 9. Cancel holiday plans using credit card

How to Find Company's Historical Data

If you want to know how to find Malaysia's listed Co. Data, below link is a good recommendation:   http://sg.biz.yahoo.com/il   1. Search for Malaysia.   2. If you want to seach for Maybank, then click on M   3. Find "MALAYAN BANKING BHD" or key in "1155" and click on Quote / Search   4. Click on Historical price   5. U can also see the price for last 5 years & save in file   6. U can view some of the Basic Chart   7. U can save click "Add to Portfolio" so that next time u can go to my Portfolio and view the info easily.

Sleep with the lights off to reduce cancer risk

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SLEEPING WITH LIGHT ON MAY CAUSE CANCER KIDS who sleep with the light on could risk leukaemia, parents were warned yesterday. Scientists have found the body needs darkness to produce a chemical that fights cancer. Even switching the light on for the toilet, staying up late, travelling across time zones, or the light from street lamps can stop enough melatonin being made, they say. The body needs the chemical to prevent damage to DNA and its absence stops fatty acids reaching tumours and preventing them growing. Texas University Prof Russell Reiter, who led the research, said: "Once you go to bed you should not even switch the light on for a minute. "Your brain immediately recognises the light as day and melatonin levels drop." Rates of childhood leukaemia have doubled in the past 40 years. About 500 youngsters under 15 are diagnosed with the disease each year and around 100 die. A conference on childhood leukaemia in London yesterday heard that people

"股市教父"胡立阳教你大赚小赔

秘技核心在于通过机械化操作克服人性弱点   在长达3个多小时的演讲中,胡立阳向 投资 者透露了他的多个炒股秘技。这些秘技的核心就在于通过机械化操作来克服人性弱点,使自己在 股市 中变成"不正常的人"。   胡立阳说,正常人在股市中没法赚到钱。根据他在股市33年的经验,全球投资者都具有相同的无法克服的人性弱点。假如在20元买入一只 股票 ,这只 股票 第二天涨到22元,会很高兴。第三天涨到23元,还是没有问题。问题就在第四天发生,当这只 股票 跌到22元,投资者会开始患得患失。最危险的第五天来了, 股票 跌到21.8元,几乎没有一个例外,投资者都会在这里选择卖掉,结果错过了赚几倍甚至数十倍的机会。为了克服人性的弱点,他总结了多个招数让投资者机械化操作。他说,虽然市场不是绝对的,这些招数不能说百分百准确,但这都是他根据大量数据长期统计出来的。如果能严格遵照执行,长期来看一定有益处。   封面联动   1 "进三退一"华尔滋法   高买低卖是股市中的铁律。如果做不到,那就每一交易要做到大赚小赔。因此,每购买一只股票就要将向下10%作为割肉点,向上30%作为盈利点。如这只股票20元,则26元作为盈利点,18元作为止损点,哪个点先到就卖哪个。没有达到"一定要把手捆起来"。根据他的统计,几乎所有好股票涨30%都会修整一下,所以休息一下以后再把它买回来也没关系。一只好股票如果跌了10%,就往往是出了问题,或者这只股票和投资者没有缘分,切莫强求。   2 农夫播种术   所有好股票涨势价格图都是大赚小赔。因此,在买一只股票的时候,资金量不要超过1/3.假如你最初购买这只股票以一手为单位,那么股价每往上涨3%就加一手,往下跌超过3%就减一手。一定要用相同的单位追加,切忌涨了3%的时候多追几手,结果头重脚轻从而被套。根据统计,在一般的多头行情下,每12只股票中总有1只能成倍增长,这种方法就是要留下好种子剔除坏种子。假如买了20只股票,只有1只成倍增长,用这种方法就能留下这1只,并及时剔除剩下的19只,最终这一只的盈利能盖过所有的损失甚至还要多。使用这种方法的时候,一定要以每天收盘价为准,然后在第二天一开市就以市价操作。这次A股市场从6000点跌到3000点,使用这种方法留下的种子不会发芽,但也不会大赔。当所有的种子都不发芽

Finance Asia - Asia Best Manage Company

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Finance Asia  - For our eighth annual poll of Asia's top companies we have collected votes from 167 investors and analysts across the region. The results will be published country by country over a two-week period and the final day will also reveal which companies are viewed to be the best managed in the region in eight key sectors. Here are the results for Malaysia. Best managed company Votes 1. Public Bank 39 2. CIMB 24 3. IOI Corp 21 4. Genting 18 5. Digi 14 6. Maybank 14 7. Petronas Gas 11 8. SP Setia 10 9. BAT Malaysia 9 Best corporate governance Votes 1. Public Bank 46 2. CIMB 25 3. Digi 20 4. Maybank 16 5. BAT Malaysia 13 6. IOI Corp 12 7. Telekom Malaysia 10 8. Media Prima 8 9. MMC Corp 7 Best investor relations Votes 1. Public Bank 36 2. Digi 31 3. CIMB 26 4. Sime Darby 23 5. Maybank 13 6. Tanjong 10 7. Media Prima 8 8. Genting 8 Most committed to a strong dividend policy Votes 1. Public Bank 47 2. BAT Malaysia 36 3. Maybank 18 4.
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Tips on Filling your Vehicle Receive the below from one of the friend: BUY OR FILL UP YOUR CAR OR BIKKIE IN THE EARLY MORNING WHEN THE GROUND TEMPERATURE IS STILL COLD . Remember that all service stations have their storage tanks buried below ground. The colder the ground, the denser the fuel, when it gets warmer petrol expands, so buying in the afternoon or in the evening.... your litre is not exactly a litre. FILL UP WHEN YOUR TANK IS HALF FULL . The reason for this is, the more fuel you have in your tank, the less air occupying its empty space. Petrol evaporates faster than you can imagine. Petroleum storage tanks have an internal floating roof. This roof serves as zero clearance between the petrol and the atmosphere, so it minimizes the evaporation. WHEN YOU'RE FILLING UP, DO NOT SQUEEZE THE TRIGGER OF THE NOZZLE TO A FAST MODE. If you look, you will see that the trigger has three (3) stages: low, middle, and high. In slow mode, you should be pumping on low speed, thereby mini
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Why Public Bank still a good BUY? In today’s competitive environment, cost will be the effective way to judge how good one bank is. In this area, Public Bank is the most successful bank for Malaysia (33% compare to HLB 42% & MB 44%). Most of the staffs are hard working, thanks to the management who taking care of their staff well being.   In return, with this kind of working environment, create a good chain reaction.  If you will to ask around what’s the most quality bank in terms of service efficiency, people mostly give you the answer, Public Bank. Yes, today if you go to Public Bank’s counter, within 5 minutes, you will be called. Even if the queue is so long, the manager will come forward and provide their service.  As a result , it managed to retain the existing customers as well as attracting new business.  It has the lowest non performing loan (NPL) in the country (1.2% compare to average of 3.1% for industry). Thanks to the risk management policy and practice. When ca
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Reasons why Public Bank not a good buy? The below interesting article post by  黑俠 : PBBANK 是馬來西亞管理最好的銀行!廢話,這大家都懂,但到底怎樣 好法?   存款增長快,貸款額增長快;帶動收益增長,但呆帳只有 1.23 % ;因呆帳低,所以股東與資產回報為同行最高;資本適足比率處於良好水平,達 13.6% ;而且派息率高......旗下的信托業務,名譽為同行之最;保險業務的綜合比例低。 PBBANK 是好公司, 這 無可質疑的,它也是唯一沒在 97/98 金融風暴出現虧損的銀行,這麼多好處,現在是否值得投資呢? PBBANK 的潛在隱憂 「專業」分析員稱 PBBANK 雖然是大資本公司,但仍高速成長,為此振奮不已!其實, PBBANK 自 2003 年開始, 成長已經開始出現不平衡了!實際成長可說已暗藏日後的「危機」 ( 「危機」這詞 可能 有些誇張 ), 先看看 PBBANK 的盈利: 1995 = 303,400   1996 = 408,000   1997 = 274,900   1998 = 51,226   1999 = 616,141 * PBBANK 自 97/98 金融風暴後,在 1999 年就恢復風暴前的盈利,甚至遠遠超越風暴前 2000 = 716,865   2001 = 700,078   2002 = 770,237   * 2000-2002 年,盈利增長緩慢,陷入停滯,複增長率是 3.4% 2003 = 974,186   2004 = 1,266,988   2005 = 1,450,281   2006 = 1,795,161   2007 = 2,201,786   2008 首季= 扣除 Goddwill Payment ,實際盈利 517,387 ,比去年同期增長 8.6 % * 2003 - 2008 年 首季 ,盈利出現驚人成長,複增長率是 23% PBBANK 的股價也從 2003 年中擺脫盤整,開始了上升旅途。 PBBANK 的派息率,一直以來都在 50% 左右 。 進入 2004 年,派息率高達 167% ; 2005 年 90% ; 2006 年 84% ; 2007 年 88% ; 4