Market continues to surge. KLCI closed 15.47 points up at 1245.42. There are 760 million shares changed hand valued at 1.2 billion. There are 409 counters up and 311 counters down.
Counters under watch-list are: Tanjong + RM 1 to RM 16.90; Transmile +45c to RM2.11, Pos +34 c to RM 2.08.
Gamuda quarter two earnings surged to RM 90.1 m from RM 46.6m a year ago. Revenue is RM 485m versus RM 331m. EPS 4.51c versus 2.93 c. No dividend versus 23c a year ago.
SapuraCrest Petroleum FY net profit is RM78 m versus net loss RM 17.7 m a year ago. Revenue is RM 2.26b versus RM 1.76 b. Q4 net profit is RM 33.3m versus RM7.3m a year ago.
Total deposits mobilized by banking sector RM869.9b or 135.6% GDP. Loans, financing by banking sector increased 8.6% to RM 644.2b or 100.4% of GDP.
Bank Negara(Central bank of Malaysia): Economy will grow by 5-6% this year, less than that of 2007 which is 6.3%. Construction will be up by 5.5%; agriculture up 3.4%; mining 6%; manufacturing 1.8% ; services 7.7%.
Inflation forecast is at 2.5% to 3% in 2008 from 2% last year.
Manufactured exports will fall by 1.6% this year due to weak E&E demand from US.
Banking system’s pre-tax profit is up by 36.4% to RM 17.7b in 2007 on diversified income sources. Return on average equity at 19.7%.
Vehicles sales in February is at 38,587, down 7,241 units from January, says MAA. It expects March sales to pick up with new models launching.
Showing posts with label Lionind. Show all posts
Showing posts with label Lionind. Show all posts
Wednesday, March 26, 2008
Wednesday, February 27, 2008
Market on Feb 27
KLCI closed 1.19 points higher at 1376.62 led by UMW(+50 sen) at 14.20, IOICorp (+20 sen) at 8.30 while PBbank dropped by 30 sen and closed at 10.70.
At noon,KLCI edged up 3.14 to 1378.57 with 300 gainers and 307 losers amid rising regional markets. Crude oil was USD $101 a barrel.
Gamuda has recovered and is priced at 3.98, up 12 sen.
The limit-down stock YGL is up 0.005 to 0.185, seems to be stablise, however, HDisply hit another limit down to 0.73 and later was suspended at 10.48 am.
Our market seems to be stablised with leader(4529,indust prod)was up 0.015 to 0.94, Namfatt(4901,construction) up 0.005 to 0.435, Equine(1147, properties) up 0.01 to 1.68, Tebrau(1589,Properties) edged 0.01 to 0.955, Lionind(4235, Ind prod) up 3 sen to 2.00, Sapcres(8575,Trading/Serv) stayed even at 1.24, Kencana(5122,Trading/Serv) up 3 sen to 1.83, and Faber(1368, Trading/Serv) up 2 sen at 1.03.
At noon,KLCI edged up 3.14 to 1378.57 with 300 gainers and 307 losers amid rising regional markets. Crude oil was USD $101 a barrel.
Gamuda has recovered and is priced at 3.98, up 12 sen.
The limit-down stock YGL is up 0.005 to 0.185, seems to be stablise, however, HDisply hit another limit down to 0.73 and later was suspended at 10.48 am.
Our market seems to be stablised with leader(4529,indust prod)was up 0.015 to 0.94, Namfatt(4901,construction) up 0.005 to 0.435, Equine(1147, properties) up 0.01 to 1.68, Tebrau(1589,Properties) edged 0.01 to 0.955, Lionind(4235, Ind prod) up 3 sen to 2.00, Sapcres(8575,Trading/Serv) stayed even at 1.24, Kencana(5122,Trading/Serv) up 3 sen to 1.83, and Faber(1368, Trading/Serv) up 2 sen at 1.03.
Tuesday, February 19, 2008
Lionind 4235
Lionind (4235, Ind-prod) has shown a technical buy signal. At the point of writing, it is priced at 2.02.
The High close was at 2.41. On Feb 4, 2008, it was closed at 2.15.
Assuming you bought 50,000 at 2.02 and made an exit at 2.15, your gain would be: RM 4955.60, attaining a return of 4.9%.
4.9% is still better than the bank interest rate. If you are able to do this many times in a year, you will definitely be able to multiply your wealth in a short span of times.
The High close was at 2.41. On Feb 4, 2008, it was closed at 2.15.
Assuming you bought 50,000 at 2.02 and made an exit at 2.15, your gain would be: RM 4955.60, attaining a return of 4.9%.
4.9% is still better than the bank interest rate. If you are able to do this many times in a year, you will definitely be able to multiply your wealth in a short span of times.
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