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Saturday, October 30, 2010
Interesting Chart: Digi
Announced MYR0.50 dividend, ex-date on 11 Nov 2010. Since the announcement date, the price has moved 60 cents. Based on the chart, it should challenge the all time high of 27.50.
Disclosure: No position
Bursa Malaysia Weekly Summary
Are we getting complacent? KLCI keeps going up. Is this to prepare for the listing of Petronas's chemical company? Hopefully, the oil and gas sector is pulled up due to this excitement. Daily KLCI RSI bearish divergence may have been broken based on last Friday's action. I must admit that it is hard to interpret the chart now. I feel uncomfortable buying in a very overbought condition since the anticipated support area is too far from the current price. On the other hand, I have not seen any selling signal. No euphoric buying yet. So, just sitting tight. Remember, big money is made during a big move. Don't go for the ikan bilis profit of 10-20%, aim for above 50% (or 100% if you are trading warrants).
Sector summary:
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Up | Up |
Finance | Up | Up | Up |
Construction | Up | Up | Up |
Plantation | Up | Up | Up |
Property | Up | Up | Up |
Thursday, October 28, 2010
Day of Warrants
9 new warrants will be listed on 29 Oct 2010. The first 5s are from CIMB while the last 4s are from OSK.
Too many warrants and cannot keep track? Then my Bursa Malaysia Warrant Calculator is the solution!
New Warrants | Expiration | Type | Ex Price | Ratio | Call Price |
BJTOTO-JA | 28/07/2011 | Bull | MYR 3.6500 | 4 : 1 | MYR 3.8000 |
WCT-CC | 28/10/2011 | Call | MYR 3.2000 | 4 : 1 | |
AFFIN-CD | 28/10/2011 | Call | MYR 3.0000 | 4 : 1 | |
YTLPOWR-CB | 28/10/2011 | Call | MYR 2.1500 | 2 : 1 | |
AIRASIA-CJ | 28/10/2011 | Call | MYR 2.3500 | 3 : 1 | |
GLD-C3 | 27/06/2011 | Call | USD 125.0000 | 350 : 1 | |
AIA-C1 | 27/06/2011 | Call | HKD 18.0000 | 6 : 1 | |
MMCCORP-CC | 27/06/2011 | Call | MYR 2.9000 | 3 : 1 | |
MAYBANK-CP | 27/06/2011 | Call | MYR 8.5000 | 7 : 1 |
Too many warrants and cannot keep track? Then my Bursa Malaysia Warrant Calculator is the solution!
Wednesday, October 27, 2010
More Warrants
4 new warrants from AM will be listed on 28 Oct 2010:
Are you having trouble keeping track of the warrants? Are you having trouble of calculating the premium? Are you having trouble of getting the latest currency exchange? Why not buy Bursa Malaysia Warrant Calculator? It's a the best tool a warrant trader can have! It is cheap and definitely good!
New Warrants | Expiration | Type | Ex Price | Ratio |
QSR-CA | 18/08/2011 | Call | MYR 5.1500 | 6 : 1 |
WCT-CB | 18/08/2011 | Call | MYR 3.1000 | 4 : 1 |
GLD-C2 | 18/08/2011 | Call | USD 130.0000 | 380 : 1 |
APPLE-C3 | 18/08/2011 | Call | USD 300.0000 | 1350 : 1 |
Are you having trouble keeping track of the warrants? Are you having trouble of calculating the premium? Are you having trouble of getting the latest currency exchange? Why not buy Bursa Malaysia Warrant Calculator? It's a the best tool a warrant trader can have! It is cheap and definitely good!
Friday, October 22, 2010
Bursa Malaysia Weekly Summary
Chart is still up, but can see some weakness. However, construction and property still looking strong with increasing volume.
Sector summary:
Still holding my position. Hopefully, the rally can continue until the year of the rabbit.
Sector summary:
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Up | Up |
Finance | Up | Up | Up |
Construction | Up | Up | Up |
Plantation | Up | Up | Up |
Property | Up | Up | Up |
Still holding my position. Hopefully, the rally can continue until the year of the rabbit.
International Reserves of BNM
Date | MYR (billion) | USD (billion) |
30-Sep-10 | 310.8 | 100.7 |
15-Oct-10 | 322.7 | 104.6 |
Source. This is a huge jump considering that it is not due to quarterly readjustment. Anyhow, need another 2 or 3 data points to determine whether this is a trend or just a one time event.
Thursday, October 21, 2010
3 New Structured Warrant
3 new structured warrant from CIMB will be listed on 22 Oct 2010:
New Warrants | Expiration | Type | Ex Price | Ratio | Call Price |
MAXIS-JA | 21/07/2011 | Bull | MYR 4.7500 | 5 : 1 | MYR 4.9500 |
MPHB-JA | 21/07/2011 | Bull | MYR 1.8000 | 3 : 1 | MYR 1.9000 |
UMW-CD | 21/10/2011 | Call | MYR 6.5000 | 5 : 1 |
Saturday, October 16, 2010
Bursa Malaysia Weekly Summary
KLCI Daily Chart
Bearish divergence detected in the daily chart. This is due to the financial sector which shows the same behavior. Property sector is very overbought but should be able to go up further after a correction (current reading at 950, next resistance at around 1100). Construction sector is also very overbought and should correct before challenging the next resistance (current reading at 270, next resistance at around 285). Plantation rallied a lot last week and now is also in the very overbought zone (current reading at 7400, next resistance at 8000).
Based on the monthly chart, only the financial sector is in the very overbought zone. Plantation, property and construction will have to do some catching up.
Summary:
Bearish divergence detected in the daily chart. This is due to the financial sector which shows the same behavior. Property sector is very overbought but should be able to go up further after a correction (current reading at 950, next resistance at around 1100). Construction sector is also very overbought and should correct before challenging the next resistance (current reading at 270, next resistance at around 285). Plantation rallied a lot last week and now is also in the very overbought zone (current reading at 7400, next resistance at 8000).
Based on the monthly chart, only the financial sector is in the very overbought zone. Plantation, property and construction will have to do some catching up.
Summary:
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Up | Up |
Finance | Up | Up | Up |
Construction | Up | Up | Up |
Plantation | Up | Up | Up |
Property | Up | Up | Up |
Friday, October 15, 2010
4 New Call Warrants
4 new call warrants from CIMB will be listed on 18 Oct 2010:
New Warrants | Expiration | Type | Ex Price | Ratio |
DRBHCOM-CC | 18/10/2011 | Call | MYR 1.1500 | 2 : 1 |
KLK-CJ | 18/10/2011 | Call | MYR 17.0000 | 20 : 1 |
MMCCORP-CB | 18/10/2011 | Call | MYR 3.1500 | 4 : 1 |
MRCB-CE | 18/10/2011 | Call | MYR 2.1000 | 3 : 1 |
Poll: Peak Oil
Wow! So many people oil there believed in peak oil. That is a good sign. I hope that those that believe in peak oil are well prepared for the future.
Tuesday, October 12, 2010
More Warrants
4 more warrants, this time from CIMB, will be listed on 13 Oct 2010:
New Warrants | Expiration | Type | Ex Price | Ratio | Call Price |
GAMUDA-CN | 11/10/2011 | Call | MYR 3.8800 | 5 : 1 | |
SAPCRES-CC | 11/10/2011 | Call | MYR 2.4000 | 3 : 1 | |
MAYBANK-JA | 11/10/2011 | Bull | MYR 7.0400 | 10 : 1 | MYR 7.4800 |
PBBANK-JA | 11/10/2011 | Bull | MYR 10.0500 | 15 : 1 | MYR 10.6800 |
Monday, October 11, 2010
6 New Call Warrants
6 new call warrants from OSK will be listed on 12 Oct 2010:
The easiest way to compute the warrant premium is to used the one and only Bursa Malaysia Warrant Calculator!
New Warrants | Expiration | Type | Ex Price | Ratio |
DRBHCOM-CB | 7/10/2011 | Call | MYR 1.2900 | 1 : 1 |
TCHONG-CE | 7/10/2011 | Call | MYR 5.6000 | 8 : 1 |
TOPGLOV-CD | 7/10/2011 | Call | MYR 5.3000 | 10 : 1 |
GENS-CC | 7/10/2011 | Call | SGD 1.9500 | 8 : 1 |
GENHK-C2 | 7/10/2011 | Call | USD 0.4500 | 3 : 1 |
SLV-C1 | 7/10/2011 | Call | USD 20.5000 | 90 : 1 |
The easiest way to compute the warrant premium is to used the one and only Bursa Malaysia Warrant Calculator!
Saturday, October 09, 2010
World Market Weekly Summary
Problem? What problem? The stock market seems to have forgotten the Greeks, the PIIGS, the jobless, the property bubble or anything.
.....but one day, we may get caught off guard again....and kaboom! But that day was not yesterday :p
World | Monthly | Weekly | Daily |
S&P500 | Up | Up | Up |
DJI | Up | Up | Up |
NasdaqComp | Up | Up | Up |
Nikkei 225 | Down | Neutral | Up (+) |
Kospi | Up | Up | Up |
SSECI | Down | Neutral | Up (+) |
HSI | Up | Up | Up |
TWII | Up | Up | Up |
STI | Up | Up | Up |
JKSE | Up | Up | Up |
SENSEX | Up | Up | Up |
AORD | Up | Up | Up (+) |
NZX50 | Up | Up | Up (+) |
FTSE | Up | Up | Up |
DAX | Up | Up | Up (+) |
RTSI | Up | Up | Up |
Bovespa | Up | Up | Up |
.....but one day, we may get caught off guard again....and kaboom! But that day was not yesterday :p
Bursa Malaysia Weekly Summary
Every sector is very extended now. Correction is imminent but can't say exactly when. If you have a position, sit tight. If no position, then just watch.
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Up | Up |
Finance | Up | Up | Up |
Construction | Up | Up | Up |
Plantation | Up | Up | Up |
Property | Up | Up | Up |
Thursday, October 07, 2010
Wednesday, October 06, 2010
Crude Oil
Watch out!17 months of consolidation where crude oil traded between 60-87 may be over. There is a possibility of it breaking above 87 this time. If the price goes up too fast, we are gonna have another recession.
Election time is coming, will rising crude oil (therefore rising petrol price) be the factor for a change?
Monday, October 04, 2010
5 New Structured Warrants
5 new warrants from CIMB will be listed on 5 Oct 2010:
New Warrants | Expiration | Type | Ex Price | Ratio | Call Price |
PROTON-CF | 4/10/2011 | Call | MYR 4.8000 | 5 : 1 | |
GENTING-CV | 4/10/2011 | Call | MYR 9.8000 | 12 : 1 | |
TENAGA-CR | 4/10/2011 | Call | MYR 9.0000 | 6 : 1 | |
GENM-JA | 4/10/2011 | Bull | MYR 2.5500 | 5 : 1 | MYR 2.7000 |
GENHK-C1 | 4/10/2011 | Call | USD 0.5000 | 3 : 1 |
Saturday, October 02, 2010
World Market Weekly Summary
Monthly charts are now pointing up (except for Japan & SSE). Daily chart shows some weakness, indicating profit taking is just around the corner. The Fed is determined to print for money (QE2), that is why the dollar is sinking. Anyhow, daily chart for the Dollar Index is very oversold, therefore, a rebound is imminent. However, the weekly chart indicates that the Dollar Index still has room to fall.
Summary:
Summary:
World | Monthly | Weekly | Daily |
S&P500 | Up (+) | Up | Up |
DJI | Up (+) | Up | Up |
NasdaqComp | Up (+) | Up | Up |
Nikkei 225 | Down | Neutral | Neutral (-) |
Kospi | Up | Up | Up |
SSECI | Down | Neutral (+) | Neutral |
HSI | Up | Up | Up |
TWII | Up | Up | Up |
STI | Up | Up | Up |
JKSE | Up | Up | Up |
SENSEX | Up | Up | Up |
AORD | Up (+) | Up | Neutral (-) |
NZX50 | Up (+) | Up | Neutral (-) |
FTSE | Up (+) | Up | Up |
DAX | Up | Up | Neutral (-) |
RTSI | Up | Up | Up |
Bovespa | Up | Up | Up |
Friday, October 01, 2010
Bursa Malaysia Weekly Summary
KLCI: Still in overbought zone. Daily chart still show weakness. A stronger correction should take it down to 1440.
Construction: Looks like it has clearly broken to the upside. Next resistance is at around 285. It seems that the market doesn't care whether the government has money to built more infrastructure. One suggestion to Mr. Prime Minister: List Petronas at Bursa Malaysia. Everyone will love it!
Sector summary:
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Up | Up (+) |
Finance | Up | Up | Up (+) |
Construction | Up | Up | Up |
Plantation | Up | Up | Up (+) |
Property | Up | Up | Up |
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