Yet to see its launching end of the year or early next year in Malaysia. Nice sporty looking, will sure attract youngsters' attention.
Friday, September 26, 2008
Monday, September 22, 2008
THE REBOUND WHICH IS FAVOUR OF OIL AND PLANTATION STOCKS !
Lately, the world stock exchanges show a strong rebound. Cruel Oil starts to rebound too as market players relate it to the economy activities, where the rebound of capital market hints chances of rebound of economy activities.
Bursa Malaysia (KLSE) starts to rebound in this favour of Oil and Plantation Stocks, such as KNM, IOICORP, ASIATIC and KLK.
Reading through many analysts' reports, they are still having positive on KNM and Plantation stocks outlook. " Crisis is opportunity ", is one of the intersting tag line for plantation stocks now.
Market players are focusing on Oil and Plantation Stocks to earn their swing profit. IOICORP, KNM, KLK, KULIM, IJMPLNT, ASIATIC have made some handsome swing profit for the traders today.
If Cruel Oil continues to rise, especially if it can breaks USD 110 up, then our Oil and Plantation Stocks will normally follow the ride.
Bursa Malaysia (KLSE) starts to rebound in this favour of Oil and Plantation Stocks, such as KNM, IOICORP, ASIATIC and KLK.
Reading through many analysts' reports, they are still having positive on KNM and Plantation stocks outlook. " Crisis is opportunity ", is one of the intersting tag line for plantation stocks now.
Market players are focusing on Oil and Plantation Stocks to earn their swing profit. IOICORP, KNM, KLK, KULIM, IJMPLNT, ASIATIC have made some handsome swing profit for the traders today.
If Cruel Oil continues to rise, especially if it can breaks USD 110 up, then our Oil and Plantation Stocks will normally follow the ride.
CRUEL OIL CORRECTION ENDS ?
Cruel Oil starts to rebound strongly lately, Is it a sign of the end of Cruel Oil Correction ? Technically, the rebound of Cruel Oil is still weak. It needs to break USD 110 level to regain back its bullish state.
Wednesday, September 17, 2008
WHO WILL BE THE NEXT AFTER LEHMAN BROTHERS ?
Lehman Brothers, the forth biggest investment bank in U.S., announced the file of Chapter 11 Bankruptcy.
Now the worry has turn to other giant corporate such as American International Group, Inc (AIG) and others. As a world largest insurance company, AIG has insurance portfolio around the world through its arm, ie. American International Assurance Bhd.
In Hong Kong, there were small portion of insurance holders, around 800 holders, terminated their policy and withdrew funds yesterday. They are so worry until willing to absord the losses of doing so.
No matter how, U.S. Government will let letting AIG down as the impact will be damagable to U.S. U.S. Government has just announced to come out with $ 85 billion loan to save AIG.
Now the worry has turn to other giant corporate such as American International Group, Inc (AIG) and others. As a world largest insurance company, AIG has insurance portfolio around the world through its arm, ie. American International Assurance Bhd.
In Hong Kong, there were small portion of insurance holders, around 800 holders, terminated their policy and withdrew funds yesterday. They are so worry until willing to absord the losses of doing so.
No matter how, U.S. Government will let letting AIG down as the impact will be damagable to U.S. U.S. Government has just announced to come out with $ 85 billion loan to save AIG.
Monday, September 15, 2008
WORLD EQUITY MARKET CRASH ???
The Causes and Effects of Subprime Crisis
Bear Stearns' Chart
Lehman Brothers' Chart
The extended subprime mortgage concerns have started to take effect on world equity market especially on emerging market.
The subprime problems didn't come to the end when Bear Stearns (which was $172.61 peak in early 2007) was finally being taken over by JP Morgan at ten dollars per share. Now Lehman Brothers announces the file of chapter 11 bankruptcy.
In addition to Lehman's issue, Cruel oil hits $ 99.09 today. As a result of the immune of emerging market over America Subprime problems is getting weaker and commodities drop, tears and drops are found in regional market such as BSE 30 (India) which loses almost 6%, and PSE Composite (Philippines) which sheds 5%.
The subprime problems didn't come to the end when Bear Stearns (which was $172.61 peak in early 2007) was finally being taken over by JP Morgan at ten dollars per share. Now Lehman Brothers announces the file of chapter 11 bankruptcy.
In addition to Lehman's issue, Cruel oil hits $ 99.09 today. As a result of the immune of emerging market over America Subprime problems is getting weaker and commodities drop, tears and drops are found in regional market such as BSE 30 (India) which loses almost 6%, and PSE Composite (Philippines) which sheds 5%.
Saturday, September 13, 2008
U.S. SUBPRIME PAIN EXTENDS TO EMERGING MARKET
Lately, Brazil, Argentina, Pakistan, Indonesia and some other emerging market have gone through sharp losses in respective stock market. What are emerging market fund management personnel said about this? We found an informative article to share to all.
" Spooked by fears of spreading global economic weakness, investors are pulling funds from once red-hot emerging markets. That's led to steep stock price declines from Kiev (down 61% this year) to Karachi (off 47%).
"Things in the world don't look good," says Antoine van Agtmael, head of Emerging Markets Management, an investment firm. "And this time, it started in the USA. It's here that this wave of problems in the financial sector started."
The retreat from abroad is spurring a strong rebound in the dollar. Thursday, the rejuvenated greenback hit its highest mark against the euro in a year. In New York, a euro cost $1.39, meaning the dollar has now gained 13% since mid-July. "U.S. investors moved money offshore. Now people are taking that back," says Marc Chandler, senior vice president for currency strategy at Brown Bros. Harriman.
The emerging markets pullback is occurring against a backdrop of what financial analysts call "deleveraging," or a widespread paying down of debt by institutions and individuals. Since emerging markets investments have soared the past few years, investors have been cashing in their winnings to cover losses on other assets.
So far this year, net foreign selling in seven Asian stock markets tracked by Bloomberg totaled more than $52 billion. That's driven Morgan Stanley's emerging markets index down more than 31%.
Not long ago, emerging markets were regarded as the investing world's answer to casinos a marriage of potential profits and guaranteed risk. But since the 1997 Asian financial crisis, numerous developing countries have improved their economic management and protected themselves against sudden changes in investor sentiment by stockpiling huge financial reserves.
The past five years, these formerly fringe economies were responsible for about two-thirds of global growth, the International Monetary Fund says.
Several factors now are hammering emerging markets. Falling prices for commodities, including oil and copper, have hurt countries such as Russia and Brazil. Though growth remains robust compared with the anemic economies in the U.S. and Europe, countries such as China, South Korea and Venezuela are slowing. And weakness in the developed world is crimping exports from factories in Taiwan and elsewhere.
"Their best customers are having a tough time. That's got to affect sales," says Stephen Wood, Russell Investments' senior portfolio strategist.
Some experts say the weakness is confined to financial markets. Indeed, growth in countries such as Brazil is so robust that the central bank this week raised its benchmark lending rate three-quarters of a percentage point to 13.75% to cool feverish activity.
Veteran emerging markets investors remain bullish. Long-term prospects for places such as China and India remain bright, and the U.S. remains home to the most serious financial maladies. "All countries are risky. The risk in the emerging markets is priced in," says Jerome Booth, head of research for Ashmore Investment Management in London. "
Picked from website address: http://www.usatoday.com/money/markets/2008-09-11-emerging-markets_N.htm
" Spooked by fears of spreading global economic weakness, investors are pulling funds from once red-hot emerging markets. That's led to steep stock price declines from Kiev (down 61% this year) to Karachi (off 47%).
"Things in the world don't look good," says Antoine van Agtmael, head of Emerging Markets Management, an investment firm. "And this time, it started in the USA. It's here that this wave of problems in the financial sector started."
The retreat from abroad is spurring a strong rebound in the dollar. Thursday, the rejuvenated greenback hit its highest mark against the euro in a year. In New York, a euro cost $1.39, meaning the dollar has now gained 13% since mid-July. "U.S. investors moved money offshore. Now people are taking that back," says Marc Chandler, senior vice president for currency strategy at Brown Bros. Harriman.
The emerging markets pullback is occurring against a backdrop of what financial analysts call "deleveraging," or a widespread paying down of debt by institutions and individuals. Since emerging markets investments have soared the past few years, investors have been cashing in their winnings to cover losses on other assets.
So far this year, net foreign selling in seven Asian stock markets tracked by Bloomberg totaled more than $52 billion. That's driven Morgan Stanley's emerging markets index down more than 31%.
Not long ago, emerging markets were regarded as the investing world's answer to casinos a marriage of potential profits and guaranteed risk. But since the 1997 Asian financial crisis, numerous developing countries have improved their economic management and protected themselves against sudden changes in investor sentiment by stockpiling huge financial reserves.
The past five years, these formerly fringe economies were responsible for about two-thirds of global growth, the International Monetary Fund says.
Several factors now are hammering emerging markets. Falling prices for commodities, including oil and copper, have hurt countries such as Russia and Brazil. Though growth remains robust compared with the anemic economies in the U.S. and Europe, countries such as China, South Korea and Venezuela are slowing. And weakness in the developed world is crimping exports from factories in Taiwan and elsewhere.
"Their best customers are having a tough time. That's got to affect sales," says Stephen Wood, Russell Investments' senior portfolio strategist.
Some experts say the weakness is confined to financial markets. Indeed, growth in countries such as Brazil is so robust that the central bank this week raised its benchmark lending rate three-quarters of a percentage point to 13.75% to cool feverish activity.
Veteran emerging markets investors remain bullish. Long-term prospects for places such as China and India remain bright, and the U.S. remains home to the most serious financial maladies. "All countries are risky. The risk in the emerging markets is priced in," says Jerome Booth, head of research for Ashmore Investment Management in London. "
Picked from website address: http://www.usatoday.com/money/markets/2008-09-11-emerging-markets_N.htm
Friday, September 12, 2008
JAKARTA COMPOSITE INDEX (JKSE) IS BREAKING DOWN !!!
Up to 3.49pm Sep 12, Jakarta Composite Index (JKSE) has dropped 92 points (4.95%) to break down the Head and Shoulder bottom at 1,860 (Head and Shoulder Pattern is marked with pink cicular).
If JKSE index couldn't recover back to above 1,860 by next week, chance of JKSE falling down to 1,000 is there.
If JKSE index couldn't recover back to above 1,860 by next week, chance of JKSE falling down to 1,000 is there.
HANG SENG (HSI) BREAKDOWN INSTEAD OF BREAKUP !
Our post on Sep 2 showed that Hang Seng (HSI) was ready to rebound strongly. The instability of Dow Jones (DJI) over LEHMAN issue resulted DJI broken down its resilient rebound support. HSI and the rest of other Asean countires started to fall.
HSI has broken down its support line at 20,870. The downside target is as low as 15,540 in immediate term.
HSI has broken down its support line at 20,870. The downside target is as low as 15,540 in immediate term.
Thursday, September 11, 2008
DOW JONE (DJI) MONITORING
DJI didn't go back to above upward sloping line, hovering below the line denotes a breakdown. Therefore DJI is likely to go back to 10,730 level (the level touched in Jul 08).
KLCI BROKEN 1065 SUPPORT, BAD SIGN ?! KLCI HEAD AND SHOULDER SPOTTED !!
1997 - Ignited by South East Asia Currency Crisis, KLCI sharply fell from 1279 to 261.33. The broad market was falling and falling and falling. "Feeling cheap, bought it, then found cheaper ; feeling bottom, bought it, then found cheaper ", it was the experience many people had gone through. IN TERM OF TECHNICAL, KLCI CHART SHOWED A HEAD AND SHOULDER PATTERN.
2000 - Ignited by The Burst of Technology Bubble. KLCI corrected from 1021 to 547.72. Technology stocks fell sharply without any major rebound made.
2008 - Subprime Crisis and Commodities Crisis are the issues going on and on, resulting the market slipping. From the highest of 1525, where is KLCI heading? IN TERM OF TECHNICAL, HEAD AND SHOULDER PATTERN IS FOUND. If it is the case, chance of KLCI hits 900 or lower is possible.
2000 - Ignited by The Burst of Technology Bubble. KLCI corrected from 1021 to 547.72. Technology stocks fell sharply without any major rebound made.
2008 - Subprime Crisis and Commodities Crisis are the issues going on and on, resulting the market slipping. From the highest of 1525, where is KLCI heading? IN TERM OF TECHNICAL, HEAD AND SHOULDER PATTERN IS FOUND. If it is the case, chance of KLCI hits 900 or lower is possible.
Monday, September 08, 2008
DOW JONES (DJI) FORECAST
The symmetric triangle on the right shows DJI made a breakdown on Sep 4. In order to sustain the uptrend momentum, DJI needs to bounce back to 11,460 promptly.
Sep 7, US government made decision to take control on Fannie, Freddie. Dow Futures reacts positively on two hundred over points up. Asian market rebounded strongly on Sep 8.
We still believe DJI is still on recovery track after all. Statiscally, the subprime written offs are reduced. Phychology, the scare and worry have been minimised after this while. The worst has been reflected into the marekt price.
Sep 7, US government made decision to take control on Fannie, Freddie. Dow Futures reacts positively on two hundred over points up. Asian market rebounded strongly on Sep 8.
We still believe DJI is still on recovery track after all. Statiscally, the subprime written offs are reduced. Phychology, the scare and worry have been minimised after this while. The worst has been reflected into the marekt price.
Thursday, September 04, 2008
TRADERS AND INVESTORS STAY ASIDE WAITING FOR SEP 16 !
Uncertainty will make stock market losing its direction. Technically KLCI should be supported at 1065, slight plus minus of 1065 shows the market is heading sideways, awaiting for Sep 16.
Credit Suisse advises investors to stay away from Thailand and Malaysia as a result of political concerns. In other words, it may translate to the foreign funds are still very cautious in Thailand and Malaysia portfolio exposure. The news is available on p. 03, Sin Chew, Biz Section and p. 07, Financial Daily, The Edge dated Sep 4, 2008.
Technical reading is not working well when the market is heading sideways which has no clear uptrend or downtrend. Therefore, as a retailer, trading is much more safer than investing at this gloomy market. Knowing how to buy but got no plan to sell in immediate term is quite risky as some shares will be getting lower in near term.
Credit Suisse advises investors to stay away from Thailand and Malaysia as a result of political concerns. In other words, it may translate to the foreign funds are still very cautious in Thailand and Malaysia portfolio exposure. The news is available on p. 03, Sin Chew, Biz Section and p. 07, Financial Daily, The Edge dated Sep 4, 2008.
Technical reading is not working well when the market is heading sideways which has no clear uptrend or downtrend. Therefore, as a retailer, trading is much more safer than investing at this gloomy market. Knowing how to buy but got no plan to sell in immediate term is quite risky as some shares will be getting lower in near term.
Tuesday, September 02, 2008
PROPERTY HOT LEADS HANG SENG TO REBOUND ?!
As one of the economy anchor, will property rebound leads Hang Seng to rebound ?
HANG SENG INDEX (HSI) READY TO STRONG REBOUND ?!
STOCTOUCH Research suspects HSI is ready to rebound strongly to 26,250 prior to year end.
DJI RESILIENT REBOUND TO CONTINUE ?
Dow Jones (DJI) rebound is still resilient if it can hold above 11,350 for next few days.
Subscribe to:
Posts (Atom)
Posts
