KLCI closes 11.83 points lower at 1246.58 . KLK down 30 sen to RM 16.20
Hang Seng index dropped 3%, shanghai A also down by 3 %. Nikkei 225 also dropped by 2.3%.
Barron’s says commodity prices may fall by half as value of corn, wheat, copper overshoot on speculation. CPO fell RM 148 to RM3402 at 4pm.
MAS places order for 35 Boeing B 737-800 aircraft, option for 30 more, at total cost of US$4.2 bil(RM13.4bil).
Kub sells Kub.Com building in KL to Park Residence Development for RM 86.5 m. Kub bought it in 1999 for RM62.3 M.
Multi-Code lodges police report over certain transaction of bank accounts without supporting documents by ex-MD, certain ex-directors.
Proton is recalling all 34,000 Savvy cars for free inspection over possible problem with rear-wheel bearing,
Fish rearer Xian Leng FY Jan 31 net profit at RM 1.7m, down 75% from RM 7 m a year ago. Quarter 4 loss RM 701,000 from RM 2.28 m profit a year ago.
Bursa Securities allows OCI appeal against delisting. OCI has until April 30 to submit regularization plan.
Kookmin Bank says to sell 25 % stake in Singapore’s Sorak to Maybank for US$378m(RM1.2 b). Sorak own 56% of Bank International Indonesia.
There is no plan to raise the price of rice in view of surging prices of commodities, says DPM. He said that the government is monitoring and stepping up efforts to increase supply.
Showing posts with label KUB. Show all posts
Showing posts with label KUB. Show all posts
Monday, March 31, 2008
Tuesday, February 12, 2008
大馬統一合作（KUB，6874，主板貿服股）
大馬統一合作（KUB，6874，主板貿服股）是一個官聯股，核心業務是產業，工程及建築。
它的能源組有賺錢，但其它的組皆見紅。
如果不是因為官聯股，此股可以不用去研究，它在過去3年皆虧大本，2004年凈虧1805萬，2005年凈虧3956萬，2006年凈虧4492萬令吉。
2007年5月30日之前的低價是0.385、0.36及0.485。其高價則為0.77及0.685。但在2007年5月之後的低價則為0.66，0.775，0.78，0.795，其高價則為1.31，1.07，1.15，0.92，1.02。
2007年的低價可以維持在0.78，相信是因為大選的因素，但大選將在今年3月間舉行，這個因素不存在之後，這個支持線會否改變？
2006年12月19日假如可以在0.385買入5萬股，則可以在2007年2月22日以0.77沽出，凈賺1萬8821.40，每股凈賺0.385;也就是說2006年12月19日至2007年2月22日上升周期。
上週三（即2月6日），此股以0.835收市，假如此股仍處在上升周期，則此股仍有上升機會，保守估計是0.385的話，目標則是1.22。
由於2008年1月21日高點是1.02，因此1.22的目標應該不容易達到。
目前，購買大馬統一合作社的理由是它以2200萬令吉購買伊布沙瓦公司（IBUZAWA）的60%股權，以加強其在產業、工程及建築的核心業務。KUB將會以內部基金支援這項收購。
該公司會在兩個月內完成這項收購，伊布沙瓦公司將會為KUB提供一個平台，讓後者通過工業建築系統，參與建築及建築材料的生意。
如果看2007年8月17日後的低價，則0.835是一個入場水平，因為它的最低的高價是0.92，買入5萬股，也有3599令吉凈賺，不要以為3599令吉很少，那可是等於8.62%呀！
它的能源組有賺錢，但其它的組皆見紅。
如果不是因為官聯股，此股可以不用去研究，它在過去3年皆虧大本，2004年凈虧1805萬，2005年凈虧3956萬，2006年凈虧4492萬令吉。
2007年5月30日之前的低價是0.385、0.36及0.485。其高價則為0.77及0.685。但在2007年5月之後的低價則為0.66，0.775，0.78，0.795，其高價則為1.31，1.07，1.15，0.92，1.02。
2007年的低價可以維持在0.78，相信是因為大選的因素，但大選將在今年3月間舉行，這個因素不存在之後，這個支持線會否改變？
2006年12月19日假如可以在0.385買入5萬股，則可以在2007年2月22日以0.77沽出，凈賺1萬8821.40，每股凈賺0.385;也就是說2006年12月19日至2007年2月22日上升周期。
上週三（即2月6日），此股以0.835收市，假如此股仍處在上升周期，則此股仍有上升機會，保守估計是0.385的話，目標則是1.22。
由於2008年1月21日高點是1.02，因此1.22的目標應該不容易達到。
目前，購買大馬統一合作社的理由是它以2200萬令吉購買伊布沙瓦公司（IBUZAWA）的60%股權，以加強其在產業、工程及建築的核心業務。KUB將會以內部基金支援這項收購。
該公司會在兩個月內完成這項收購，伊布沙瓦公司將會為KUB提供一個平台，讓後者通過工業建築系統，參與建築及建築材料的生意。
如果看2007年8月17日後的低價，則0.835是一個入場水平，因為它的最低的高價是0.92，買入5萬股，也有3599令吉凈賺，不要以為3599令吉很少，那可是等於8.62%呀！
Thursday, January 31, 2008
The US and Malaysia Market
The Dow, which had been up more than 200 points after the Fed's decision, finished down 37.47 or 0.30 %, at 12,442.83.
The Fed's decision to cut rates follows an emergency rate cut last week of three-quarters of a percentage point. The central bank stepped in a the tme after global markets worldwide fell sharply amid fears that the US economy was tipping into recession and would hurt the global growth.
The rate cuts came on the same day as fresh evidence arrived that the economy had slowed significantly in the final three months of 2007.
Figures showed GDP expanded at a slight 0.6 % pace in the fourth quarter, less than half what had been expected. For all of 2007, GDP grew 2.2 %, the weakest rate since 2002.
Wednesday's move was the fifth cut the Fed made since it began making reductions in September following turmoil in the credit markets and in stocks markets.
I like to share with you what our analyst at SJ Securities Sdn Bhd has said as follows about the latest market outlook:
Officially, the US economy is not yet in recession. The active pursuit by the US Fed in managing the economy in recent times--thru monetary and fiscal expansions--indicates that the focus is on the current economy uncertainty arising from the collapse of the US subprime mortgage credit markets. Some have argued that the measures used to address the risks associated with the market uncertainty tantamount to reflating the economy. It is argued that the US Fed is concerned, and trying to avoid a repeat of the Japanese style deflationary situation happened years ago.
This time, there is not much risk associated with the monetary and
fiscal expansions. With the US core inflation for November at a mild
and manageable level of 0.3%, the pursuit of reflating the economy will
not be adversely inflationary. For instance, expressing an economic
equation on the monetary expansion from the huge interest rate cuts of
75 bps on 22 January, and the 50 bps cut on 30 January, will look like
this : lowering interest rates leads to dollar weakening, resulting in
imported inflation which is manageable as the mild core inflation
allowing some upside leeway.
Reflating the economy may just be the correct policy. It revives the
housing and finance industries through cheaper financing. Exports will
be higher; this will solve the trade deficits. While the downside risk
remains, reflating will arrest the current slowing 4Q GDP of 0.6% from
drooping into recession.
US markets lost 0.3%, as it focuses on the likelihood of bond
guarantors losing their AAA ratings. Meanwhile, regulators are
working towards a bailout plan for bond insurers Dow at 12,442 is
likely to dip lower as the S&P futures after market trading in the Asian
time zone, is currently down 13 pts. This translates roughly to 150 pts
on the Dow. On the chart, the pullback support is at 12,000. We
continue to maintain that the recent rebound is targeting 12,930.
Malaysian market is cushioned by market talks of the general election
in March 2008. It is on an immediate target at 1453. On the local
market, we are bullish. We are heartened to witness the mid January
2008 sold down from 1524 was halted at 1340. This is significant as the
Double Bottom at 1338 of November 2007 has not been violated,
thereby, lending credence to the expanding Diagonal Triangle scenario.
If we interpret the KLCI correctly, the chart development since October
2007 is forming an expanding Diagonal Triangle. In a Diagonal
Triangle, there are 5 rotating waves. We may have completed the 4th
wave at the recent 1340 low, leaving the current rebound to be the final
up 5th wave, with an upside at 1590.
Our bullish assessment based on the expanding Diagonal Triangle, will
be negated if the key support at 1330 is breached."
At 2.59pm, KLCI is up by 8.59 at 1392.67.
The same stock picks like Timecome, Tebrau, KUB, Time, Mulpha-wa applied.
The Fed's decision to cut rates follows an emergency rate cut last week of three-quarters of a percentage point. The central bank stepped in a the tme after global markets worldwide fell sharply amid fears that the US economy was tipping into recession and would hurt the global growth.
The rate cuts came on the same day as fresh evidence arrived that the economy had slowed significantly in the final three months of 2007.
Figures showed GDP expanded at a slight 0.6 % pace in the fourth quarter, less than half what had been expected. For all of 2007, GDP grew 2.2 %, the weakest rate since 2002.
Wednesday's move was the fifth cut the Fed made since it began making reductions in September following turmoil in the credit markets and in stocks markets.
I like to share with you what our analyst at SJ Securities Sdn Bhd has said as follows about the latest market outlook:
Officially, the US economy is not yet in recession. The active pursuit by the US Fed in managing the economy in recent times--thru monetary and fiscal expansions--indicates that the focus is on the current economy uncertainty arising from the collapse of the US subprime mortgage credit markets. Some have argued that the measures used to address the risks associated with the market uncertainty tantamount to reflating the economy. It is argued that the US Fed is concerned, and trying to avoid a repeat of the Japanese style deflationary situation happened years ago.
This time, there is not much risk associated with the monetary and
fiscal expansions. With the US core inflation for November at a mild
and manageable level of 0.3%, the pursuit of reflating the economy will
not be adversely inflationary. For instance, expressing an economic
equation on the monetary expansion from the huge interest rate cuts of
75 bps on 22 January, and the 50 bps cut on 30 January, will look like
this : lowering interest rates leads to dollar weakening, resulting in
imported inflation which is manageable as the mild core inflation
allowing some upside leeway.
Reflating the economy may just be the correct policy. It revives the
housing and finance industries through cheaper financing. Exports will
be higher; this will solve the trade deficits. While the downside risk
remains, reflating will arrest the current slowing 4Q GDP of 0.6% from
drooping into recession.
US markets lost 0.3%, as it focuses on the likelihood of bond
guarantors losing their AAA ratings. Meanwhile, regulators are
working towards a bailout plan for bond insurers Dow at 12,442 is
likely to dip lower as the S&P futures after market trading in the Asian
time zone, is currently down 13 pts. This translates roughly to 150 pts
on the Dow. On the chart, the pullback support is at 12,000. We
continue to maintain that the recent rebound is targeting 12,930.
Malaysian market is cushioned by market talks of the general election
in March 2008. It is on an immediate target at 1453. On the local
market, we are bullish. We are heartened to witness the mid January
2008 sold down from 1524 was halted at 1340. This is significant as the
Double Bottom at 1338 of November 2007 has not been violated,
thereby, lending credence to the expanding Diagonal Triangle scenario.
If we interpret the KLCI correctly, the chart development since October
2007 is forming an expanding Diagonal Triangle. In a Diagonal
Triangle, there are 5 rotating waves. We may have completed the 4th
wave at the recent 1340 low, leaving the current rebound to be the final
up 5th wave, with an upside at 1590.
Our bullish assessment based on the expanding Diagonal Triangle, will
be negated if the key support at 1330 is breached."
At 2.59pm, KLCI is up by 8.59 at 1392.67.
The same stock picks like Timecome, Tebrau, KUB, Time, Mulpha-wa applied.
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