Stock Market Books

Monday, June 24, 2013

Stock Investing---with a new concept in Technical Analysis---Sept 28. 2013 (with 10 SIDC CPE points)

Stock Investing---with a new concept in Technical Analysis---Sept 28. 2013 (with 10 SIDC CPE points)

Stocks can be your best investment but they can also be your worst nightmare.  Equip yourself with the necessary fundamental and technical analysis to increase your chances of success.  Now, for the first time, a new concept in technical analysis will be introduced to further strengthen your stock investing success.

This course is organized by Symphony Digest Sdn Bhd which is a centre for Financial Mastery.  It is an offical training partner of Bond Pricing Agency Malaysia Sdn Bhd.

Who should attend this course:

1. Retail investors
2. CMSRL holders
3. Remisiers
4. Trading representatives of securities firms
5. Investment banks
6. Certified Financial Planners

Date: Sept 28, 2013
Workshop duration and time: 1 day 9.00 am to 5:00pm
Venue: Bukit Kiara Equestrian & Country Resort, Kuala Lumpur
Course Fee: RM 390; Early Bird: RM 350(For registration before August 31, 2013)

Registration is confirmed upon receipt of payment, unless otherwise notified.
Contact person for details and registration: KC Goh (012-6597910)

Course Outline
Stock Market Psychology
 Human Factors: Hope, Greed and Fear
 Financial Markets and Economy
 Movement of Stock Prices Analysis
 Traded Volume Analysis
Technical Analysis Methods
 Fibonacci Golden Ratio
 Interpretation of Elliott Wave Theory
 Interpretation of Time Cycles
 Interpretation of Trend Cycles
Technical Analysis – New Concept
 Best Tools to Use Today
 Ascertain Index or Stock Price Bottom
 Ascertain the Buy signal
 Estimation of Upside Targets
 Implication of Tops Resistance
 Ascertain the Sell Signal
Fundamental and Technical Analysis
 Interpretation of Financial Ratios
 Criteria of a Winning Stock
 Case Studies on Technical Analysis New Concept

Trainer’s Profile
Wong Yee is a chartist, strategist, seminar speaker, lecturer and author. He has spent over 38 years doing research in the characteristic behavior of global stock markets, and has written six books on stock market analysis.
He was the first local chartist who introduced RSI (Relative Strength Indicator) in his book “The Trend Principle” in 1986. His latest book “You Too Can Be Rich in stock market investment” introduces a new formula developed by Wong Yee on predicting Index or stock price targets.
Wong Yee was a dealer with UOB Kay Hian, a leading stock broking company in Singapore from 1982 to 2002. Currently, he is focusing on writing books and articles; he also provides consultation and training on stock market strategies.

Books written by Wong Yee:
1. A Guide To Investment In Stocks And Shares (1984)
2. The Trend Principle (1986)
3. Charts Revolution – Stock Market Trends And Trading Principles (1988)
4. Practical Knowledge In Shares Investment (1993)
5. 101 Ways To Avoid Making Mistakes In The Stock Market (1995)
6. You Too Can Be Rich in stock market investment (2012)
Wong Yee holds The Certified Diploma in Accounting & Finance and a Diploma in Investment Analysis.




Monday, June 3, 2013

Hot Stock: Scope falls 23% on failed RTO by Matang

Hot Stock: Scope falls 23% on failed RTO by Matang

Written by Kamarul Anwar of
Monday, 03 June 2013 17:04

extended losses, falling as much as six sen or 23.08% to 20 sen.

The losses came after shareholders of MCA-linked Matang Holdings Bhd
rejected a proposal to inject cash and assets of the latter into Scope.

At 4:06 pm, ACE Market-listed Scope was traded 4.5 sen or 17.31%
lower at 21.5 sen. The counter saw 1.57 million shares changed hands.

The stock fell four sen to end at 22 sen at 5pm.

This was a continuation in the decline in Scope's share price after
Matang's extraordinary general meeting (EGM) last Friday.

On that day, Scope lost four sen or 13.33%

Remisiers were not surprised with the decline in the stock's price.
“It’s quite obvious why shareholders are selling down Scope Industries’

“They were disappointed with the reverse takeover (RTO) of Scope
Industries not materialising.” said SJ Securities senior remisier Goh Kay

Matang shareholders who were present at the EGM unanimously voted
against a proposal to inject the company’s cash and assets which
include 1,083 ha (2,707.5 acres) of oil palm PLANTATION [] into Scope
for RM145 million.

In return, Scope will issue new shares at an issue price of 25 sen each to settle the purchase consideration.

Matang will receive 580 million shares which the firm plans to distribute to its shareholders. For 1,000 shares held in Matang, a shareholder will receive 4,833 shares in Scope.

However, the consideration shares shall be earmarked in batches with different moratorium periods.
Upon completion of the deal, MCA’s investment arm Huaren Holdings Sdn Bhd will eventually hold 5.7% of Scope, making it the second-largest shareholder in the company.

The controversial proposed exercise manifested a political imbroglio within MCA. Its deputy president Datuk Seri Liow Tiong Lai has opposed the exercise when president Datuk Seri Dr Chua Soi Lek defended the move.

MCA has an estimated 10.75% stake in Matang.

In a statement last week, Liow said the proposal was not brought up at the MCA central committee meeting for approval.

Shortly after he issued the statement, Chua rebutted with a statement which read: “I would like to stress that the share exchange between Matang Holdings and Scope Industries will result in a reverse takeover (RTO) of Scope Industries by Matang. Such a deal is meant to add value to Matang shares.”

Scope made a net loss of RM1.87 million in the third quarter ended March 31, 2013 (3QFY13). Cumulative year-to-date net loss came to RM1.61 million.

Bloomberg data showed that Scope generated a net profit of RM 590,000 in FY12.  This was a fraction of its previous year's net profit of RM 5.21 million.