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Showing posts from 2015

Merry Christmas and a Happy New Year!

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Dear Reader, We are approaching the last week of the year for 2016. Our local stock market still doing very well, if you know to select the uptrend stock. For your info, for the months of Dec, we have many stocks on the move and with the gain more than 10%, just to name few of them, they are Padini, TopGlov, Supermx, PIE and OWG. Once again, wish you a Merry Christmas and a Happy New Year!

MyETF Thomson Reuters Asia Pacific ex-Japan Islamic Agribusiness

Below are the questions post from clients related to the launch of IPO,  MyETF Thomson Reuters Asia Pacific ex-Japan Islamic Agribusiness ("MyETF-AGRI"). 1. May I know what is this offering? 2. Does this IPO related to the financial market data service provider Thompson Reuters? 3. How does it related? Is it a good option to buy? What do you think? ---------------------------------------- My reply as below: This one is ETF (Exchange Trade Fund) base on Thomson Reuters Asia Pac Islamic Agribusiness as benchmark Index Shariah Methodology. Meaning, the fund will buy those companies in their Benchmark Index, they may review and rebalance semi annually and provide the NAV (Net Asset Value) on daily basis. (normally the stock price for ETF will follow NAV closely) Currently their top 10 constituents (make up almost 53%) of the Benchmark Index and their respective weightings are as follows, however, they may change the securities base after quarterly review:

Time to buy Genting?

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Yesterday I posted the below chat to some of my clients: In the post, I say, this stock form higher high for daily and weekly record and it create an opportunity for investors to buy on pull back. Guest what, a lot of query started to come in: * "Did you tell me can buy this stock?" * "At what price can I buy?" * "I like to buy this stock, can you tell me when to buy and when to sell?" Unfortunately, I can not tell the correct answer, in fact, there's no correct answer. What I tried to point out here is this stock starting to form the uptrend now, however, we do not know when the uptrend will stop and we should not predict it as well since the experience show that it's almost wasting time to predict the market. What we should concentrate is current market trend and we ride on the trend. When time come to sell, we should sell it, it's normal for market to work that way, isn't it? However, this is not recommendation to buy,

Dare to buy on Dips

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I like to attend stock market seminar, not because of want to find out the market tips as many of investors like to do but to learn from the speaker what's the method of making profit and his view on current market trend. As usual, at one of the stock market seminar I attend recently, someone ask the speaker what's the stocks worth to buy and what's the speaker's current portfolio. The speaker shares a list of stocks to audience, and I know, many people will get confuse by the list. In fact, investment in stock market is very personal, how can one follow exactly other person's portfolio? As someone may like to speculate in high risk stock, some prefer dividend stocks, some prefer growth stock, some prefer mix of it, so, someone's meat may be other person's poison. For me, market dips is an opportunities, as I like to buy more when opportunities arise. This is one of the way I used to build wealth for retirement, see my previous post at: Road to be a Mi

The Bear is Coming

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It was Monday morning, I knew today many people will dump their shares in stock market... why? Because last Friday (21 Aug 2015), US Dow drop by more than 500+ points, we have never see this kind of drop for many years. As expected, on the closing, Bursa KLCI Index drop by 42 points, end at 1532. Some Minister may say, see, not only Malaysia stock market down, the whole world were down. The fact was, Malaysia market already down for almost 2 months, especially the currency, down from RM3.60 to current RM4.25 per USD, already down by more than 18% in just few months. Till now, I never see anyone from Ministry take any action but keep on shouting, "Ringgit is under value, Ringgit is under value!!" what's a "Big Joke" in the century! I hope someone can save Malaysia, especially the currency, anyway, all the retailer can not do anything to change it, let see what we can take advantage of it! Market down, in fact, is a buying opportunity, especially those Blue Ch

How much Sunway Construction worth today compare to 2004?

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One of my client ask me about today's new listing, Suncon (5263). So, I try to find the details about this company, since I also strike some shares for the IPO. Surprisingly, not many broker cover this stock, so, I need to do my own research, and I think it's good for me to share it here with all. I started from the Prospectus, it's logo looks like this: From the history, Suncon was listed on KLSE before on June 1997 and delisted on Dec 2004. After 11 years, they come back to list again. Of course, they will tell you Suncon  now have more than 30 years experience in construction business, with good track record, among the well known projects are, Kuala Lumpur Convention Centre, SILK Highway, Sunway Pyramid Shopping Mall, Legoland Theme Park and bla bla bla... I am not interested to know all these, what I need to find out is, if the history going to give any indication for today's stock price. One info I found, at the year 2004 before it was delisted, the price
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Just talk to a client and I share with him one of the Bursa's newly launch web site: http://www.bursamarketplace.com/. I think it would be good for me to share it here: Many investors still buy or sell stocks base on tips or rumors, just imagine how nice if you heard a rumors, just sign on to BursaMarket place with your smart phone, then you can confirm if it's a rumors or facts! To have this "Market in Your Pocket", just register online, download the Apps with your smart phone, then you may enjoy full range of benefit from this website. The site may seem a bit complicated for new investors, but after one go through the Learning / Knowledge tab, it's seem quite easy to use. Investors can find videos and tutorials  to start their investment journey. Daily stocks suggestion, or they call it " Daily Espresso ", where one can find recommendation of stocks based on analyst consensus and Alpha Factor s. If you don't know what's Alpha Factors, i

A crisis is an opportunity?

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Few weeks ago, our local market Bursa started to go down! Someone press this button: Yes, someone press a "Panic" button cause KLCI index falling from 1850 to currently level of 1718. Then as usual, I received many phone call, and one of the common question investors like to ask, "Should I Sell when a crisis occurs?" I will tell them, why don't you think it's an opportunity to buy? The reality is, if you are trader and like to speculate the stock, then yes, you should sell and wait for opportunity. However, for long to medium term Investor, my opinion is, you only press the Sell button if the company's profit already down for more than 2 quarters or the reason for you to buy is not valid anymore. For example, this down trend cycle, I managed to accumulate Axiata stocks at around $6.40 to $6.45. Then the company announced a 15 cents dividend. Today, I get extra 15 cents for free, and the stock price still remain at $6.50. Of course, for this stoc

Trade the stocks - are you the one?

A lot of people "think" they can trade in stock market and earn a living or pocket money. Unfortunately, thing is not as simple as one may think. What they think and the actual fact is so different! We as a dealer, receive many queries daily. If a stock going up, people will ask, should they sell or not, or sell at what price. If the stocks going down, they will also ask should they cut lost or continue to hold? The worst thing is, majority of people will sell the stocks that going up (or cut the profit) and keep the stocks that going down. (with the hope the price may up again in future) If our intention is for trading (not investing), then we need have proper trading plan to counter all these problem. Trading is about changing from "cash" to "stocks" or vice versa. There's nothing wrong to hold "cash" on hand and waiting for opportunity. When you face a situation to hold stock that is flag (no trend of up or down), or the stock that keep

Who Move My Cheese in Stock Market?

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Many people think invest in stock market is too risky. Yes, some stock may go down in price, some time, the entire market may go down for months. However, do you know that the study shows for the past 100 years, stock market tend to go up 2 out of every 3 days? The logic is simple, population and new company keep on growing... Few years ago, there was a little popular book, the title is "Who Moved my Cheese?" It's about the story of 4 little mice, with 4 different character. One day, they noticed that the cheese which they discovered earlier was no longer there... Do you prepared if one day, you noticed your cheese disappear? (it can be you lost your job or relationship) Would you able to move some where and look for new cheese again? The cheese can be a good job, a loving relationship, money, a possession, health or spiritual peace of mind. Sometimes, I like to relate stock market as cheese. Today, if you find a good taste cheese, don't take for granted tomor

Moving Average

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There are still many so call "trader" still do not understand why we need to plot Moving Average line in a chat. That come to my surprise when I have a conversation with a client.  When is the time we use Moving Average? To answer the question, first we need to understand what's moving average represent. In the older day, if Mr A is a rich guy, he can buy a lot of X stock then record down the price everyday. Say the first day, he buy a lot at $1, second day buy at $1.10, third day buy at $0.95.... After buying for 10 days,  he can sum up all the money and divide by 10 lot to get the 10 day average price. Then plot a dot to a chat to represent this, after few days doing the same thing, he can draw a line to connect all these dots.... and this line we call it "10 days moving average".  Today, we can use computer to help us plot the different type of "moving average" line, it can be 10 days or 5 days, with just a click, all the line would be displa

Is it wise to take money from EPF and invest in Stock Market?

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On of the email query from a client, "Since EPF (Employee Penson Fund, or know as KWSP) only gave us about 5%+ dividend per year, is it wise to take out some money and invest into stock market?" I told him, if you can consistently earn more than 25% of return in stock market, why not? He seem quite happy with it and think that he may do better than EPF. Few years ago, I have the similar thinking as well when an agent approached me to withdraw EPF fund and invest into stock market. Initially, I followed his advice, withdraw the money every 6 months, invest in stock market and just ignore about market cycle. After 2 to 3 years, I noticed something very important, which the agent not really telling the whole story, it's the charges that eat up the profit. Very first time, when we withdraw fund from EPF, the company will deduct 2%, the withdrawal of RM10,000, end up only RM9,800 in your investment account. Also, on quarterly basic, they will charge custodian fee, custodia
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The very interesting picture, see how nice if you can make money work for you... Source of message: Click here .

CapitalMalls Malaysia Trust (CMMT)

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Few days ago, a news appeal on the Sun with title, CapitalMalls Malaysia Trust (CMMT) has entered into the sales and purchase agreement with Tropicana City Malaysia Sdn Bhd for the acquisition of Tropicana City Mall and Tropicana Office Tower PJ for RM540 million. (not include the residential condo on Tropicana City Mall) The management indicate the total expense is about RM25 million, so the total amount is about RM565 million. Seem they missed out one point, the GST which going to implement on April 2015, assume the transaction take to complete on 3rd quarter of 2015. If this is the case, the GST alone is about 32.4 million! CMMT not yet decide how to raise the fund, be it Right Issue or raise bond (or borrow money), either way, share holder is the one who going to bear the cost. Personally, I do hope this transaction not going through, since the currently rental return on Tropicana City Mall is about 5% if base of RM540 million, not yet include the charges and related GST. O