Well.. Anyone knows how to deal with stock?
which one is gonna make most profit?
just asking...
Full Version: Stock Exchange - Bursa Malaysia
Sam, buy ASB! Most cost-efficient at our stage, and good returns, still.
Otherwise, you need to get a remisier who wil do the transactions for you.
Otherwise, you need to get a remisier who wil do the transactions for you.
QUOTE (malaccan @ Nov 24 2005, 12:44 AM)
Sam, buy ASB! Most cost-efficient at our stage, and good returns, still.
Otherwise, you need to get a remisier who wil do the transactions for you.
Otherwise, you need to get a remisier who wil do the transactions for you.
ASB is limited to RM 200,000 only... I think ASW also kinda good... When the gov. open it to non-bumi, it was sold like hot cakes (for the non-bumi shares la)... But for the bumis, there a lot shares haven been sold.. how sad..
Anyway, i'm asking this question because yesterday, YTL launch a new IPO - Starhill REIT. I wonder how to buy the stock. They expecting by 2008, their profit will quadraple.. thats a lot man..
I think u should contact Bursa Malaysia themself. They have a consultant service in advising u which stock to buy.
http://www.klse.com.my/
Please refer to this website for more info.
haha..i also have a grand in Amanah saham Didik, at least i get a hundred in return every year. It usually a must for evry parents to force their children to put money in ASD coz their children cannot bust their savings and ang pows without their parents consent. I heard our Trust Fund ,Amanah Saham are one of the best in the world.
http://www.klse.com.my/
Please refer to this website for more info.
haha..i also have a grand in Amanah saham Didik, at least i get a hundred in return every year. It usually a must for evry parents to force their children to put money in ASD coz their children cannot bust their savings and ang pows without their parents consent. I heard our Trust Fund ,Amanah Saham are one of the best in the world.
QUOTE (samheisfl @ Nov 24 2005, 01:14 AM)
QUOTE (malaccan @ Nov 24 2005, 12:44 AM)
Sam, buy ASB! Most cost-efficient at our stage, and good returns, still.
Otherwise, you need to get a remisier who wil do the transactions for you.
Otherwise, you need to get a remisier who wil do the transactions for you.
ASB is limited to RM 200,000 only... I think ASW also kinda good... When the gov. open it to non-bumi, it was sold like hot cakes (for the non-bumi shares la)... But for the bumis, there a lot shares haven been sold.. how sad..
Anyway, i'm asking this question because yesterday, YTL launch a new IPO - Starhill REIT. I wonder how to buy the stock. They expecting by 2008, their profit will quadraple.. thats a lot man..
Dude, you should go for it!! REITs are almost as safe as houses. I wish i was back home to buy them myself. You are basically investing in property but hedging your risks at the same time. See if you can still get the KLCC REIT as well.
QUOTE (malaccan @ Nov 24 2005, 11:30 PM)
Dude, you should go for it!! REITs are almost as safe as houses. I wish i was back home to buy them myself. You are basically investing in property but hedging your risks at the same time. See if you can still get the KLCC REIT as well.
that's what i'm talking about.. but i don't have any experience in buying stock..
Real properties in Malaysia is still a good area for investment..
They are selling for RM0.98 per share and they provided 500mil. share...
There is another REIT in house!! UOA REIT..
They expected the income will 17 times larger from now till 2008..
By the way, Starhill REIT is 8.8 over subscribe..
They expected the income will 17 times larger from now till 2008..
By the way, Starhill REIT is 8.8 over subscribe..
One of the reasons Bursa Malaysia sucks is bcoz short selling is no longer allowed. 
QUOTE (Iron Malayan @ Dec 14 2005, 03:06 AM)
One of the reasons Bursa Malaysia sucks is bcoz short selling is no longer allowed.
I think its gonna be ok soon, Bursa Malaysia already plan to do it back.. but dont know when..
In case you go looking for the KLCC REIT, it's not listed under a REIT. Unless I'm mistaken I think it's listed under KLCC Properties. Yes, YTL REIT will be listed today but you won't get it at RM0.98 it will be more like RM1.20+ maybe even until RM1.50 when it finally closes today. I think it's a great stock to invest in as they are buying overseas properties as well. The important thing when looking at a REIT is whether they have good rental and occupation for their properties (YTL's has 95-100% occupation). It gives good dividend returns and also has good potential for capital gains.
Of course the safest in this country is any of the Amanah Saham. If you're a bumi I would suggest investing up to the max in ASB. Guaranteed high returns. I think they just declared a 7.25sen dividend + 1.25 sen bonus. ASW gets you around 7%.
At the end of the day, putting money anywhere but the bank (or under your pillow of course) will earn you more over the long run. Just make sure they're secure investments.
Of course the safest in this country is any of the Amanah Saham. If you're a bumi I would suggest investing up to the max in ASB. Guaranteed high returns. I think they just declared a 7.25sen dividend + 1.25 sen bonus. ASW gets you around 7%.
At the end of the day, putting money anywhere but the bank (or under your pillow of course) will earn you more over the long run. Just make sure they're secure investments.
^I'm still far from the maximum investment allowed in ASB, but every month I send some money back. Anyways Sam, did you manage to get those Starhill REITs? This is from The Star today.
QUOTE
Starhill REIT debuts with 11 sen premium
BY IZWAN IDRIS
YTL Corp Bhd's Starhill Real Estate Investment Trust (Starhill REIT) shone on its maiden day on Bursa Malaysia, boosted by strong demand for high dividend-yielding stocks.
The property trust – the country's largest to date valued at RM1.15bil – made its trading debut at RM1.07 yesterday, or 11 sen higher than what retail investors had paid during its initial public offer (IPO) last month. The counter was last traded at RM1.03 on volume of 97.9 million shares.
At the press conference after the listing ceremony in Kuala Lumpur yesterday, YTL Corp managing director Tan Sri Francis Yeoh said he regarded Starhill REIT's commendable performance as a Christmas gift to its shareholders.
“The listing had generated a lot of buzz, and we are happy with its performance,'' he said.
An official from Bursa Malaysia (centre) explaining Starhill REIT’s price movement on an electronic board to (from left) YTL Corp deputy managing director Datuk Yeoh Seok Kian, Bursa head of listing Johan Abdullah, Tan Sri Francis Yeoh and YTL chairman Tan Sri Yeoh Tiong Lay
YTL Corp’s 70% unit, Pintar Projek Sdn Bhd, will provide management services for the property trust. Post-listing, YTL Corp retains a 51% ownership in Starhill REIT.
“At the current price, Starhill REIT is yielding at above 6% and should continue to appeal to income-oriented investors,'' a fund manager said.
Institutional investors paid RM1.01 per unit and had accounted for 94% of the total 509.6 million shares offered under the property trust IPO completed exercise.
Starhill REIT was formed via the injection of two high-end shopping complexes and a five-star hotel owned by YTL Group located along the strategic Jalan Bukit Bintang in Kuala Lumpur.
Analysts said Starhill REIT is expected to pay out 100% of its profits as dividends over the next two years, as the three properties – Lot 10, Starhill Gallery and JW Marriot Hotel – would require little capital expenditure over the near term with the recent completion of renovation works prior to listing.
A local brokerage said the potential payout translates to a gross distribution per unit of 6.58 sen and 6.44 sen for financial years ending June 30, 2006 and 2007 respectively.
BY IZWAN IDRIS
YTL Corp Bhd's Starhill Real Estate Investment Trust (Starhill REIT) shone on its maiden day on Bursa Malaysia, boosted by strong demand for high dividend-yielding stocks.
The property trust – the country's largest to date valued at RM1.15bil – made its trading debut at RM1.07 yesterday, or 11 sen higher than what retail investors had paid during its initial public offer (IPO) last month. The counter was last traded at RM1.03 on volume of 97.9 million shares.
At the press conference after the listing ceremony in Kuala Lumpur yesterday, YTL Corp managing director Tan Sri Francis Yeoh said he regarded Starhill REIT's commendable performance as a Christmas gift to its shareholders.
“The listing had generated a lot of buzz, and we are happy with its performance,'' he said.
An official from Bursa Malaysia (centre) explaining Starhill REIT’s price movement on an electronic board to (from left) YTL Corp deputy managing director Datuk Yeoh Seok Kian, Bursa head of listing Johan Abdullah, Tan Sri Francis Yeoh and YTL chairman Tan Sri Yeoh Tiong Lay
YTL Corp’s 70% unit, Pintar Projek Sdn Bhd, will provide management services for the property trust. Post-listing, YTL Corp retains a 51% ownership in Starhill REIT.
“At the current price, Starhill REIT is yielding at above 6% and should continue to appeal to income-oriented investors,'' a fund manager said.
Institutional investors paid RM1.01 per unit and had accounted for 94% of the total 509.6 million shares offered under the property trust IPO completed exercise.
Starhill REIT was formed via the injection of two high-end shopping complexes and a five-star hotel owned by YTL Group located along the strategic Jalan Bukit Bintang in Kuala Lumpur.
Analysts said Starhill REIT is expected to pay out 100% of its profits as dividends over the next two years, as the three properties – Lot 10, Starhill Gallery and JW Marriot Hotel – would require little capital expenditure over the near term with the recent completion of renovation works prior to listing.
A local brokerage said the potential payout translates to a gross distribution per unit of 6.58 sen and 6.44 sen for financial years ending June 30, 2006 and 2007 respectively.
I was attached with them for awhile back in 2003.
IMHO a yield of only 6 or 7 percent is just not worth the time.
I went somewhere near Nilai just now.. I'm from KL and going back to Seremban using the old road..
I think the land or properties in Nilai is gonna be really good investment.. Besides Nilai, there is another area near Nilai such as Pajam, Batang Benar and Mantin.. A lot of development had happen there within this few years..
I think the land or properties in Nilai is gonna be really good investment.. Besides Nilai, there is another area near Nilai such as Pajam, Batang Benar and Mantin.. A lot of development had happen there within this few years..
shy only..
SGX,Bursa Malaysia Link May Not Be Launched By End'06
Updated : 22-12-2005
Media : Dow Jones
SINGAPORE (Dow Jones)--Singapore Exchange Ltd. (S68.SG) said Thursday its proposed trading link with Bursa Malaysia Bhd. (1818.KU) may not be launched by the end of 2006 as planned due to a delay in the implementation of the Malaysian bourse's new trading platform.
"We will be reviewing the situation with BM and will announce a new target launch date in due course," SGX said in a two-paragraph statement.
SGX and Bursa Malaysia had been hoping to link their exchanges in a bid to boost liquidity and institutional interest in Southeast Asia as international investors pay increasing attention to the faster-growing bourses of India and Northeast Asia.
In a speech earlier this month, Singapore Prime Minister Lee Hsien Loong noted that the market capitalizations of individual countries in Southeast Asia were very small relative to the rest of the world.
The stock market value in Singapore and Malaysia are each less than 0.5% of the global market, while the combined market capitalization of the 10-member Association of Southeast Asian Nations was less than 1.35% of the global figure.
Updated : 22-12-2005
Media : Dow Jones
SINGAPORE (Dow Jones)--Singapore Exchange Ltd. (S68.SG) said Thursday its proposed trading link with Bursa Malaysia Bhd. (1818.KU) may not be launched by the end of 2006 as planned due to a delay in the implementation of the Malaysian bourse's new trading platform.
"We will be reviewing the situation with BM and will announce a new target launch date in due course," SGX said in a two-paragraph statement.
SGX and Bursa Malaysia had been hoping to link their exchanges in a bid to boost liquidity and institutional interest in Southeast Asia as international investors pay increasing attention to the faster-growing bourses of India and Northeast Asia.
In a speech earlier this month, Singapore Prime Minister Lee Hsien Loong noted that the market capitalizations of individual countries in Southeast Asia were very small relative to the rest of the world.
The stock market value in Singapore and Malaysia are each less than 0.5% of the global market, while the combined market capitalization of the 10-member Association of Southeast Asian Nations was less than 1.35% of the global figure.
Fair value accounting - its impact on corporate Malaysia
By FOO YIN FAH
February 24 2006
THE Malaysian Accounting Standards Board recently announced the issuance of 21 new Malaysian Financial Reporting Standards (FRS) that are effective from January 1 2006.
These new standards will not only result in greater disclosure of information and transparency to the Malaysian capital market, but more controversially we will see an increasing use of fair values in the measurement of assets and liabilities.
This is a significant departure from traditional historical cost accounting where assets and liabilities are recorded at its original acquisition cost.
The performance of a company will no longer be the result of business economic activities as changes in the fair values of assets and liabilities appearing on the balance sheet will also be reported in the income statement.
The rationale for fair value accounting lies in the view that a financial statement should provide information useful for making economic decisions rather than just showing the results of management's stewardship and accountability for the resources entrusted to them.
The communication of a company's current fair value will therefore be more relevant than historical cost.
Critics have questioned the reliability of fair values especially where active liquid markets do not exist. In such cases, some form of fair
value modelling will be required that may involve computations that are inherently subjective.
Consequently, management bias, whether intentional or otherwise, may
result in inappropriate fair value measurements and misstatements of earnings.
The subjectivity and complexity of these fair value models may also pose problems for auditors in verifying the reliability of the measurements.
With the requirement to report changes in the fair values of assets and liabilities in the income statement, we will be faced with the possibility of greater volatility in earnings.
Increased earnings volatility will make it difficult for Malaysian companies to indulge in the practice of earnings management.
But earnings volatility is more indicative of economic reality and therefore more relevant than the accounting fiction reported under historical cost accounting.
Reporting changes in fair values will also result in the inclusion of unrealised profits in the income statement. This may create confusion and unreasonable expectations of dividends from shareholders.
But the problem may lie not in the weakness of fair value accounting itself, but in the current form of the income statement.
The adoption of the new FRS and the implementation of fair value accounting are significant developments in the financial reporting landscape of corporate Malaysia.
The fast-changing business environment coupled with the increasing complexity of business transactions will result in a need for greater transparency in the management of companies to protect investors and
other stakeholders.
Fair value accounting seems to be a giant step in the right direction. But the road to the adoption of full fair value accounting will not be easy. We will not only have to change the way things are done, but also change our mindset and thinking.
Accountants in Malaysia will have to acquire new skills while investors and other stakeholders will need to prepare themselves for more reality accounting.
By FOO YIN FAH
February 24 2006
THE Malaysian Accounting Standards Board recently announced the issuance of 21 new Malaysian Financial Reporting Standards (FRS) that are effective from January 1 2006.
These new standards will not only result in greater disclosure of information and transparency to the Malaysian capital market, but more controversially we will see an increasing use of fair values in the measurement of assets and liabilities.
This is a significant departure from traditional historical cost accounting where assets and liabilities are recorded at its original acquisition cost.
The performance of a company will no longer be the result of business economic activities as changes in the fair values of assets and liabilities appearing on the balance sheet will also be reported in the income statement.
The rationale for fair value accounting lies in the view that a financial statement should provide information useful for making economic decisions rather than just showing the results of management's stewardship and accountability for the resources entrusted to them.
The communication of a company's current fair value will therefore be more relevant than historical cost.
Critics have questioned the reliability of fair values especially where active liquid markets do not exist. In such cases, some form of fair
value modelling will be required that may involve computations that are inherently subjective.
Consequently, management bias, whether intentional or otherwise, may
result in inappropriate fair value measurements and misstatements of earnings.
The subjectivity and complexity of these fair value models may also pose problems for auditors in verifying the reliability of the measurements.
With the requirement to report changes in the fair values of assets and liabilities in the income statement, we will be faced with the possibility of greater volatility in earnings.
Increased earnings volatility will make it difficult for Malaysian companies to indulge in the practice of earnings management.
But earnings volatility is more indicative of economic reality and therefore more relevant than the accounting fiction reported under historical cost accounting.
Reporting changes in fair values will also result in the inclusion of unrealised profits in the income statement. This may create confusion and unreasonable expectations of dividends from shareholders.
But the problem may lie not in the weakness of fair value accounting itself, but in the current form of the income statement.
The adoption of the new FRS and the implementation of fair value accounting are significant developments in the financial reporting landscape of corporate Malaysia.
The fast-changing business environment coupled with the increasing complexity of business transactions will result in a need for greater transparency in the management of companies to protect investors and
other stakeholders.
Fair value accounting seems to be a giant step in the right direction. But the road to the adoption of full fair value accounting will not be easy. We will not only have to change the way things are done, but also change our mindset and thinking.
Accountants in Malaysia will have to acquire new skills while investors and other stakeholders will need to prepare themselves for more reality accounting.
The composite index still couldn't break the 930 barrier.. though it was targeted that the CI pt will surpass 1000 pt end of this year, i dont think thats gonna happen..
QUOTE (Iron Malayan @ Dec 14 2005, 03:06 AM)
One of the reasons Bursa Malaysia sucks is bcoz short selling is no longer allowed.
Yeah, that really sucks. Why did they ban it?
KUALA LUMPUR (DOW JONES)--Bursa Malaysia Bhd. (1818.KU), the country's main stock exchange, will allow limited short selling of stocks within the next few months, Bursa Chief Executive Yusli Mohamed Yusoff said Friday.
Yusli said in an interview with DJ Newswires that short selling will not be limited to component stocks of the Kuala Lumpur Composite Index.
"We want to start very conservatively...then we can see how to fine tune it as time goes on," Yusli said, adding that rules are still being formulated for stocks that can be short traded.
By allowing short selling, investors will have an opportunity to hedge risk while stockbroking companies can introduce new products that will ultimately boost trading volumes, he said.
Yusli said in an interview with DJ Newswires that short selling will not be limited to component stocks of the Kuala Lumpur Composite Index.
"We want to start very conservatively...then we can see how to fine tune it as time goes on," Yusli said, adding that rules are still being formulated for stocks that can be short traded.
By allowing short selling, investors will have an opportunity to hedge risk while stockbroking companies can introduce new products that will ultimately boost trading volumes, he said.
delted
SSF or single stock futures is allow beginning 28 April 2006.
The 10 stocks are:
AirAsia,
Telekom,
Bursa Malaysia,
....
Read it yourself -> www.mybursa.com
or go to bursa malaysia website -> www.bursamalaysia.com
The 10 stocks are:
AirAsia,
Telekom,
Bursa Malaysia,
....
Read it yourself -> www.mybursa.com
or go to bursa malaysia website -> www.bursamalaysia.com
Scomi acquires 51% of MTrans for RM30m
Updated : 28-04-2006
Media : The Edge
Story By : Tamimi Omar
Scomi Engineering Bhd is acquiring a 51% stake in MTrans Transportation Systems Sdn Bhd for RM30 million to provide it a platform to be a key player in urban transportation.
Scomi Engineering had on April 28 signed an agreement with Kiara Kilau Sdn Bhd, which owns 100% stake in MTrans, to acquire the 51% stake. MTrans owns bus manufacturer MTRans Bus Sdn Bhd and MTRans Technology Bhd, which specialises in monorail systems and technology.
Scomi Engineering senior vice president Hilmy Zaini said the strategic acquisition is in line with its focus on energy and logistics engineering.
ˇ§With its range of core competencies, MTrans will enhance Scomi Engineeringˇ¦s capability in the fabrication, assembly and fittings of special-purpose vehicles, particularly buses,ˇ¨ he added.
Scomi Engineering is involved in the fabrication of special purpose vehicles such as petroleum tankers, ambulance, fire engine, defence vehicles.
The acquisition will enhance Scomi Engineeringˇ¦s current logistics engineering capabilities by diversifying the range of products that Scomi Engineering would be able to offer.
MTrans owns a 22-acre factory in Rawang Industrial Zone. he facility will be an addition to Scomi Engineeringˇ¦s current infrastructure in the logistics engineering business and increase Scomi Engineeringˇ¦s overall manufacturing capacities.
ˇ§With its proven technology in cost-effective fuel emission systems, particularly in urban bus projects, MTrans has established a presence in Hong Kong and Bangladesh and is looking at other Asian and Middle Eastern markets,ˇ¨ Hilmy said.
He added that the acquisition of MTrans would enable Scomi Engineering to bid and secure urban bus projects anywhere in the world.
Updated : 28-04-2006
Media : The Edge
Story By : Tamimi Omar
Scomi Engineering Bhd is acquiring a 51% stake in MTrans Transportation Systems Sdn Bhd for RM30 million to provide it a platform to be a key player in urban transportation.
Scomi Engineering had on April 28 signed an agreement with Kiara Kilau Sdn Bhd, which owns 100% stake in MTrans, to acquire the 51% stake. MTrans owns bus manufacturer MTRans Bus Sdn Bhd and MTRans Technology Bhd, which specialises in monorail systems and technology.
Scomi Engineering senior vice president Hilmy Zaini said the strategic acquisition is in line with its focus on energy and logistics engineering.
ˇ§With its range of core competencies, MTrans will enhance Scomi Engineeringˇ¦s capability in the fabrication, assembly and fittings of special-purpose vehicles, particularly buses,ˇ¨ he added.
Scomi Engineering is involved in the fabrication of special purpose vehicles such as petroleum tankers, ambulance, fire engine, defence vehicles.
The acquisition will enhance Scomi Engineeringˇ¦s current logistics engineering capabilities by diversifying the range of products that Scomi Engineering would be able to offer.
MTrans owns a 22-acre factory in Rawang Industrial Zone. he facility will be an addition to Scomi Engineeringˇ¦s current infrastructure in the logistics engineering business and increase Scomi Engineeringˇ¦s overall manufacturing capacities.
ˇ§With its proven technology in cost-effective fuel emission systems, particularly in urban bus projects, MTrans has established a presence in Hong Kong and Bangladesh and is looking at other Asian and Middle Eastern markets,ˇ¨ Hilmy said.
He added that the acquisition of MTrans would enable Scomi Engineering to bid and secure urban bus projects anywhere in the world.
Very good, I heard MTrans having problem financially and technically, with SComi resources and reputation, they could probably improve their monorail technology and have a better chance winning monorail projects around the world.
Maybe if any of you wanna invovle in Stock Exchange, you may sufr this site
http://www.bursastation.com/
It is a site that offers kit with all analysis of each company.. unfortunately, it cost around RM 800 per half year..
http://www.bursastation.com/
It is a site that offers kit with all analysis of each company.. unfortunately, it cost around RM 800 per half year..
Yeah..!! KLSE surpassed 960 pts yesterday.. the highest in six years..
QUOTE(samheisfl @ May 6 2006, 04:21 PM) [snapback]1824212[/snapback]
Yeah..!! KLSE surpassed 960 pts yesterday.. the highest in six years..
Bursa KL like yoyo..up and down....up and down.
I think this is becoz of hot money coming in and that's not good too.
Bursa Malaysia, FTSE to Introduce 14 More New Indexes This Year
Updated : 10-05-2006
Media : Bloomberg
Story By : Nurul Darni
May 10 (Bloomberg) -- Bursa Malaysia Bhd., the nation's stock exchange manager, and the FTSE Group will add at least 14 new indexes by December to diversify its product range and draw more investors.
The new indexes will add to Bursa's six other indexes to be introduced on June 26 including the FTSE Bursa Malaysia EMAS Index, which will include the top 100 large and mid-cap companies. The benchmark will replace the all-share EMAS Index.
``The new indexes will replace some of the existing indexes such as the current Mesdaq, Shariah and Second Board indexes,'' Jothimani Muniandy, Bursa's head of business development and strategic initiatives, told reporters in Kuala Lumpur today. ``We will also launch a few new sector indexes by the end of this year.''
Bursa is broadening the range of financial products listed on Malaysia's stock exchange. The government on March 24 lifted an eight-year ban on short-selling in an effort to halt waning trading interest and attract more overseas investors.
In January, Bursa signed an agreement with the FTSE Group to create six new indexes. The series will include domestic indexes and will be expanded, FTSE said in a statement then.
The six new indexes will consist of stocks listed only on the larger Main Board of Malaysia's stock exchange. The indexes will use a ``free-float'' methodology which considers the number of shares a company has available for trading by international investors as well as market capitalization.
``The free-float method will help ensure the shares available for trading will provide enough liquidity,'' Muniandy said. With the FTSE tie-up, Bursa will continue to run the benchmark Kuala Lumpur Composite Index until ``it phases out naturally.''
Bursa's shares rose 15 sen, or 2.1 percent, to 7.45 ringgit at 2:33 p.m. local time. The shares have climbed 14 percent this month.
Updated : 10-05-2006
Media : Bloomberg
Story By : Nurul Darni
May 10 (Bloomberg) -- Bursa Malaysia Bhd., the nation's stock exchange manager, and the FTSE Group will add at least 14 new indexes by December to diversify its product range and draw more investors.
The new indexes will add to Bursa's six other indexes to be introduced on June 26 including the FTSE Bursa Malaysia EMAS Index, which will include the top 100 large and mid-cap companies. The benchmark will replace the all-share EMAS Index.
``The new indexes will replace some of the existing indexes such as the current Mesdaq, Shariah and Second Board indexes,'' Jothimani Muniandy, Bursa's head of business development and strategic initiatives, told reporters in Kuala Lumpur today. ``We will also launch a few new sector indexes by the end of this year.''
Bursa is broadening the range of financial products listed on Malaysia's stock exchange. The government on March 24 lifted an eight-year ban on short-selling in an effort to halt waning trading interest and attract more overseas investors.
In January, Bursa signed an agreement with the FTSE Group to create six new indexes. The series will include domestic indexes and will be expanded, FTSE said in a statement then.
The six new indexes will consist of stocks listed only on the larger Main Board of Malaysia's stock exchange. The indexes will use a ``free-float'' methodology which considers the number of shares a company has available for trading by international investors as well as market capitalization.
``The free-float method will help ensure the shares available for trading will provide enough liquidity,'' Muniandy said. With the FTSE tie-up, Bursa will continue to run the benchmark Kuala Lumpur Composite Index until ``it phases out naturally.''
Bursa's shares rose 15 sen, or 2.1 percent, to 7.45 ringgit at 2:33 p.m. local time. The shares have climbed 14 percent this month.
Huh.. something happen to Dow Jones, and all Stock exchange in the world dropped a lot of points.. Hmm.. Jakarta CI and India sunsex CI are those affected badly..
But what is the connection between Dow jones and other Stock Exchanges..?
But what is the connection between Dow jones and other Stock Exchanges..?
QUOTE(samheisfl @ May 6 2006, 04:21 PM) [snapback]1824212[/snapback]
Yeah..!! KLSE surpassed 960 pts yesterday.. the highest in six years..
Now it's less than 950 points.
It's amazing that between 1994-1997 , the volume of trade in KLSE was the highest in the world, even exceeding Dow Jones...now it's not even a tenth of NYSE.
QUOTE(forrestcat @ May 20 2006, 09:00 PM) [snapback]1867826[/snapback]
Now it's less than 950 points.
It's amazing that between 1994-1997 , the volume of trade in KLSE was the highest in the world, even exceeding Dow Jones...now it's not even a tenth of NYSE.
That's why in that period, there are a lot of millionaire in Malaysia.. but after the 1997 crisis.. semua bungkus..
[color=#33FFFFWell it is part of the lesson so that we learn better. The SE sure must have up and down, the danger and risky part of previous crisis was it only went up and not down. I would consider the behaviour now is good, if WE all invests toward profit making company and not speculation, this will be the best defence because greedy and brief investor will not be manipulated fully by the Hedge Fund Manager. KLSE is just peanut to some BIG boy out there. We got to be smart and tackful.
Don't listen to rumour and do a little study ourselves in some PLC we want to invest and that's its, most of the perfoming PLC pays higher dividend banks FD. Good luck
]
Don't listen to rumour and do a little study ourselves in some PLC we want to invest and that's its, most of the perfoming PLC pays higher dividend banks FD. Good luck
]
Currency Speculators and hedge funds have $800 billion out there on the market, once they start manipulating currencies, it'd be futile for small nations to exhaust their reserves just defending their currency. That's what happened to SEA, nations simply poured money down the drain defending their currencies.
So the rumour about economy crisis every ten years is true afterall.. 
And until today, the stock exchange is at 920 level.. that is so bad.. 
QUOTE(samheisfl @ May 23 2006, 10:33 PM) [snapback]1879436[/snapback]
And until today, the stock exchange is at 920 level.. that is so bad..
But this is not just happening in Malaysia but around the world ya?
Too much money was lost in the Indian stock exchage that the Indian government is expecting a lot of suicides. 
I hope the KLSE will not fall below 800..again..i'd be frustrating.
I hope the KLSE will not fall below 800..again..i'd be frustrating.
I don't think that it will drop below 850.. its gonna be okay since KLCI is one of the least affected in Asia..
QUOTE(samheisfl @ May 24 2006, 02:52 AM) [snapback]1879949[/snapback]
I don't think that it will drop below 850.. its gonna be okay since KLCI is one of the least affected in Asia..
imho, KLCI has not been that badly affected in the recent sell off because KLCI has been the laggard or underperformer in the previous rally all the other exchanges have enjoyed... although malaysian economy is growing strongly, corporate profits have not been impressive at all.... i suspect most of the foreign funds inflow recently are just hot money trying to ride ringgit's appreciation in value...
also, seen Genting's stock price recently? being sold down because it missed out the SG Marina Bay casino project, there's still hope for the Sentosa project since they are going into that with Universal Studios... i think they stand a very good chance there and i think the current sell off is overdone.... what do you think?
btw, anyone checked out this www.tradesignum.com ? seems like they're offering free stock charts if anyone is interested...
^ Yes, I believe Genting & Universal Studios will get the Marina project...since Disney refuse to associate itself with casnos.
The Sentosa one for big shot casino companies from Las Vegas..Genting not good enuff.
UEM stocks is also rising over rumors that Disney will build a theme park over UEM's Nusajaya.
The Sentosa one for big shot casino companies from Las Vegas..Genting not good enuff.
UEM stocks is also rising over rumors that Disney will build a theme park over UEM's Nusajaya.
Its a bit confusing u know.. the one that was affected was the NYSE or Dow Jones(i forgot) because of the inflation US.. but still the effect arrives Malaysia.. I think US doesnt really invest much in KLSE.. besides that, our strong currency kinda strong.. so, KLSE shouldnt affected..
About Genting.. yeah, their share fell down.. same as the lion group because of metal price drop..
About Genting.. yeah, their share fell down.. same as the lion group because of metal price drop..
I am not worried about Genting, their casino business account a small part of Genting operations. They are active in other fields like petroleum and real estate. 
phew... what a day... what a day... markets everywhere shedding 1.5% to 2% today but KLCI recovered after early selling, go KLCI!
technically, I would say LionDiv is a retail company now since it's the ultimate parent and major shareholder of the HKSE-listed Parkson Retail Group (PRG) with 65.5%... PRG is doing extremely well in China and is expected to continue to do well.. it's share price has done very well since its listing last November and it has hold up quite well despite the sell off in the general market...
i'm not too sure about LionCor, LionInd and other Lion group's company, but LionDiv's current consolidation is definitely making it extremely attractive to me... eventhough i've already own quite a bit of thier shares given my small portfolio, i'm tempted to buy more of it....
Consider this: if we take its latest closing price at HK$23.00 per share, it would give us a market cap of HK$12,696,000,000... 65.5% would give us HK$8.3 billion which approximates RM3.8 billion and by diving RM3.8billion into LionDiv's current outstanding ordinary shares, which is around 737 million, would give us approximately RM5.16 per share... and this alone is worth more than what the LionDiv is trading in Bursa, what about it's other assets????
of course, PRG is trading at a fairly high PE given it's expected outlook, but i'm in the opinion that China's newly minted rich is going to spend more in the years to come and PRG has perfected its model to expand and manage their mall and business, it's a mundane business with high growth prospects...
i don't know about you, but i like it
i'm not too sure about LionCor, LionInd and other Lion group's company, but LionDiv's current consolidation is definitely making it extremely attractive to me... eventhough i've already own quite a bit of thier shares given my small portfolio, i'm tempted to buy more of it....
Consider this: if we take its latest closing price at HK$23.00 per share, it would give us a market cap of HK$12,696,000,000... 65.5% would give us HK$8.3 billion which approximates RM3.8 billion and by diving RM3.8billion into LionDiv's current outstanding ordinary shares, which is around 737 million, would give us approximately RM5.16 per share... and this alone is worth more than what the LionDiv is trading in Bursa, what about it's other assets????
of course, PRG is trading at a fairly high PE given it's expected outlook, but i'm in the opinion that China's newly minted rich is going to spend more in the years to come and PRG has perfected its model to expand and manage their mall and business, it's a mundane business with high growth prospects...
i don't know about you, but i like it
QUOTE(rocker @ May 31 2006, 04:52 PM) [snapback]1903312[/snapback]
phew... what a day... what a day... markets everywhere shedding 1.5% to 2% today but KLCI recovered after early selling, go KLCI!
I believe investors are reacting positively with the news about the expected 5.2% economic growth for Malaysia this year.
$hit..KLCI dropped below 900 
QUOTE(forrestcat @ Jun 14 2006, 12:04 PM) [snapback]1951654[/snapback]
$hit..KLCI dropped below 900
Yeah.. really $hit..
i want to be remiser..
Market sentiment will be determined by US inflation rate that will be announced tonite..
The performances of other bourses are much worse espcially in India... in Australia, AUS$100 billion were wiped out as their CI slipped by 10%.
The performances of other bourses are much worse espcially in India... in Australia, AUS$100 billion were wiped out as their CI slipped by 10%.
QUOTE(forrestcat @ May 22 2006, 02:28 PM) [snapback]1873603[/snapback]
Currency Speculators and hedge funds have $800 billion out there on the market, once they start manipulating currencies, it'd be futile for small nations to exhaust their reserves just defending their currency. That's what happened to SEA, nations simply poured money down the drain defending their currencies.
correction : as of 1995 : market capitalisation of the currency market is US1 trillion....now god knows how much
The CI is back to 900 pts.. this is great..
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