Monday, January 24, 2011

2011 CLSA Feng Shui Index

Yes, it is the time of the year for the CLSA Feng Shui Index. Read the complete report here.

As you can see, the above chart shows a bumpy year ahead. The index moves higher overall but with more than 50% retracement.

CLSA also predicts what sector to be in:
Great Year: Financials, Gaming, Gold, Resources, Transport
Good Year: Oil & Gas, Technology, Telecoms/Internet, Utilities
Bumpy Year: Property

Remember, the prediction is for Hong Kong. Nothing said about Malaysia.

So, go and and download the full report from them.

Thursday, January 13, 2011


4 new CW from CIMB will be listed on 13 Jan 2011:
New Warrants Expiration Type Ex Price Ratio
KNM-CF 17/01/2012 Call MYR 2.9000 4 : 1
RHBCAP-CE 17/01/2012 Call MYR 8.5000 8 : 1
MPHB-CD 17/01/2012 Call MYR 2.2000 3 : 1
GENM-CP 17/01/2012 Call MYR 3.3500 4 : 1

Wednesday, January 12, 2011

Cooler Temperature and Investment

There was a news item in The Star today about cooler temperature. The report didn't give any specific reason for the out of the ordinary event. Well, if you subscribe to John Mauldin newsletter (free of charge), then you will know that the erratic weather pattern across the world (i.e. freezing winter in Europe and massive flood in Australia) is due to the volcanic activity in the Kamchatka Peninsula. Volcanic ash always have a cooling effect as they block out the sun ray. What does this means? The immediate effect will be lower crop yield (less sunshine, less growth). The other will be the weather.

As speculators, we should be anticipating higher prices for agriculture products. So, buy stock that is related to this sector.

I cannot find the original post from John Mauldin, but this blog has the article.

Saturday, January 08, 2011

KLCI Weekly Review.

KLCI Weekly Chart

Finally broken 1520 region. The index is slightly overbought now. So, expecting a pullback. Extra high volume is a danger sign that the crowd is finally here. As we know, the crowd will always buy at the top. However, the uptrend can stay up than what we expect it to be. The important thing is not to buy top-20 volume counters, buy counters with good setup but with low volume.

Sector summary:
Malaysia Monthly Weekly Daily
Finance Up Up Up
Construction Up Up Up (+)
Plantation Up Up Up
Property Up Up Up

International Reserves of BNM

Date MYR (billion) USD (billion)
15-Dec-10 326.7 105.9
31-Dec-10 328.6 106.5


Wednesday, January 05, 2011

Bullish or Bullshit?

More and more people are in the bull camp. Analyst are competing among themselves to predict the year-end target. Be careful with their prediction. One cannot predict any point in the chart. It is as good as throwing darts. If you believe in their prediction, than you are sucker. They always give a reason to you to buy because they need to unload their investment to you. Remember, the same people who is giving sunny picture is also working in the same firm that also manages money for other people. Prices need to be pushed up to generate profit.

For me, I don't believe that all is well in this country or this world. There are still too much debt that needs to be repaid. Growth that is generated through debt is just an illusion. Look at KNM that fell down from the sky (now has recovered back).

2011 theme is inflation if the the Fed gives on pumping money. If they don't, then we will go into another recession. Keep an eye on the price of crude oil, if it is too high, then growth will be curtailed.

I have not been trading since the last trading day of 2010. Just sitting on my position. Some worked, some didn't. On average, oklar.

Now, I don't think that I need to highlight any stock. Everything is flying. Everyone is a genius now.

If you are curious about my holding, then I don't mind telling you: IJM, IJMLand, E&O, Gamuda, YTLPowr, IOICorp, MHB, UMW and Axiata.

Tuesday, January 04, 2011

8 New AM CW

8 new call warrants from AmBank will be listed on 5 Jan 2011:
New Warrants Expiration Type Ex Price Ratio
AIRASIA-CL 8/12/2011 Call MYR 2.5000 4 : 1
DRBHCOM-CD 8/12/2011 Call MYR 1.8800 3 : 1
POS-CA 8/12/2011 Call MYR 3.3000 4 : 1
IJM-CF 8/12/2011 Call MYR 6.3800 6 : 1
SPSETIA-CC 8/12/2011 Call MYR 5.6000 8 : 1
CIMB-CK 8/12/2011 Call MYR 8.6000 12 : 1
GENTING-CX 8/12/2011 Call MYR 10.7800 15 : 1
PCHEM-CB 8/12/2011 Call MYR 5.5000 10 : 1

Buy my Warrant Calculator so that you can determine the premium for a warrant easily. Only RM30 for first year!