Monday, November 29, 2010

World Top 10 Billionaires

RankNameCitizenshipAgeNet Worth ($bil)Residence
1 Carlos Slim Helu & familyMexico 70 53.5 Mexico
2 William Gates IIIUSA 54 53.0 USA
3 Warren BuffettUSA 79 47.0 USA
4 Mukesh AmbaniIndia 52 29.0 India
5 Lakshmi MittalIndia 59 28.7 UK
6 Lawrence EllisonUSA 65 28.0 USA
7 Bernard ArnaultFrance 61 27.5 France
8 Eike BatistaBrazil 53 27.0 Brazil
9 Amancio OrtegaSpain 74 25.0 Spain
10 Karl AlbrechtGermany 90 23.5 Germany 







 Do you know any of them?  Number 2 and 3 should be no problem to all.

from Forbes.com

Sunday, November 28, 2010

Scomi Group Q3 results..... BAD !


               (to see more clearly, double click on the report)

Phew..., luckily didn't hold Scomi last week. I bought at 39.5 on Tuesday when market down, and sold it 40.5 on Thursday. Profit of a few ringgit. Initially, felt upset after selling but relief now.


The following are some highlight of the report,

Scomi Group Bhd's Q3 result which ended Sept'30 was not a pretty one, it was reported a net losses of RM166.48 million, compared to the net profit of RM22.97 million a year ago.

The company explained the losses were caused by lower revenue from core business and also there was a potential impairment which costs about RM52.6 million and a provision of RM109.7 million.

Turnover was down from last year's RM448.5 million to RM367.6 million. Major contributors are from oilfield services division and transport solutions division.

Loss per share was RM0.1199 compared with earnings per share of RM0.027.

Thursday, November 25, 2010

Sunway Holdings + SunCity = Sunway Sdn Bhd

Sunway Holdings to be merged with SunCity.

MERGER is like a trend in Bursa Malaysia now. This is the third merger involving property related company. Before that, there are two merger between UEM Land and Sunrise, then followed by IJM Land and MRCB on Tuesday.

These third merger involving two company controlled by Tan Sri Jeffrey Cheah, there are Sunway Holdings Bhd, a construction company, and Sunway City Bhd (SunCity), a propery company and the deal worth RM4.5 billion.

Currently, Cheah is holding 46% of Sunway Holdings Bhd and 44% of SunCity. After the merger, he will hold about 44% of the new company.

Both company assets and liabilities will be acquired by a newly formed company, Sunway Sdn Bhd. After merger, Sunway Sdn Bhd will become the fourth largest property company by market size.

The new company is expected to be listed on Bursa Malaysia by middle of next year.

Sunway Sdn Bhd will be paying RM2.60 for each Sunway Holdings Bhd share and RM5.10
for each SunCity share.

Sunway will also pay RM900 million cash and Sunway shares with free warrants attached.
Both company will also undertake a capital repayment exercise to shareholders after the purchase.

Wednesday, November 24, 2010

If North Korea didn't bomb South Korea...

Imagine if North Korea didn't bomb South Korea yesterday, PANTECH may be closed at a higher price, could be 0.95 or above.

Another counter, MPHB with net profit up 70%, sure will shoot up to above 2.25 or 2.30 or even higher.

Now, haiiiiiiii..........

This shows timing is also crucial on investment, if the bombing occured one day later. For sure, both counters will go higher than yesterday closed. Who knows, I could be few hundreds or even thousand ringgit
richer.

I am still thinking what type of risk is this? Timing risk? Political risk? or Unnecessary risk?

Probably we could labeled it as a 'silly risk', because of their silly act which cause hardship to innocent people.

Too bad, those who killed, injured and having property damaged are the one who suffered.

Lets pray this issue will not escalate further and ended in a peaceful manner.

By the way, yesterday market down was not mainly due to Korean bombing, it also related to Ireland debts. Anyway markets are looking for reasons to sell-off for last few weeks' gain.

Tuesday, November 23, 2010

PANTECH Sold !

Sold all my PANTECH shares of 8800 units today at RM0.93.

Why sell and not to exercise the bonus issue? A good question, I have been thinking about these for long time.

Struggling hard to come up this decision to sell. Not easy to make because PANTECH is a good counter to hold and also provide me good return all this time.

There are three reasons why sell,

1) Take profits before ex-date. Hopefully, this is right time to take profits.

2) Will buy back again if the price is right for me, and also the company perform well.

3) Get back my capital for other investments or swap to another counter. There are a few good counters to buy. Getting back capital is my main reason to sell PANTECH, too much money in shares market is not healthy.

Am I making a right decision? I don't know, time will tell.

PANTECH will always under my radar, hope to buy it again with an attractive price and make money from it again and again.


This is a good stock, no harm done to keep close watch on it.

Monday, November 22, 2010

Which are the Investment Risks?

Investment Risks ! As we know there are risks involved in investments, do you able to identify them?

Probably you are able to name one or two but you will be amazed by this article on The Edge Malaysia, titled Understanding Investment Risk.

There are so many risks listed in the article. The writer is able to list more than 10 of them. If you are a new investor, probably you will start to worry before even begin your investments.

Here are some of risks listed?

- Market risk
- Manager risk
- Timing risk 
- Concentration risk
- Liquidity risk
- Currency risk
- Counter party risk
- Custodian risk
- Political risk
- Economic risk
- Interest rate risk
- Inflation risk and so on

Wow ! One will wonder with so many risks around then how to make money from investment !!!

Anyway, as long as you done your homework before making any investment, the risks will be reduced greatly.

To understand more on investment risks, goto Understanding Investment Risk.


"No Risk, No Gain"

Thursday, November 18, 2010

Paris ! AirAsia X next new destination !

Good news from AirAsia X, after London, Australia, Japan, Korea and now Paris !

For those who doesn't know where is Paris, it is France capital. A romantic city !

This is the second European destination after London.

AirAsia's long-haul low fare affiliate AirAsia X will be flying to Paris with all in fare from as low as RM499 (one way) from Kuala Lumpur to Paris from Feb,14 next year onward.

AirAsia issued a statement on Thursday, 18 Nov "AirAsia X said flights for the special offer were available for booking online from Nov 22 to 24, 2010 for the four times weekly direct flights which will commence on Feb 14, 2011 between Paris-Orly International Airport and Kuala Lumpur International Airport's Low Cost Carrier Terminal."


Travel period for the special fare is from Feb 14 to Nov 10, 2011, it said.

Wonder which is their third city in Europe ? Madrid will be fantastic, it will be cheaper to watch Real Madrid live in their stadium.

Bravo AirAsia !!!

Friday, November 12, 2010

PANTECH : Bonus, ICULS and Warrants

Finally, long awaited Pantech's bonus issue ex-date has been announced.

BONUS ISSUE:
ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING ORDINARY SHARES

ICULS:
TWO (2) ICULS FOR EVERY ONE (1) EXISTING PANTECH SHARE HELD

WARRANTS:
FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) ICULS SUBSCRIBED FOR (“RIGHTS ISSUE”).

Currently, if you hold 5000 Pantech shares. You will have :-

PANTECH     = 1000 + 5000  = 6000 shares
ICULS           =        2 x 5000 = 10,000 units (pays RM1000)
WARRANTS                          = 1000 units   (free)

Will you exercise the offered option or sell before ex-date on 24/11/10?

Wednesday, November 10, 2010

Why SCOMI active on KLSE?



Scomi Group Bhd was among the most active counters on KLSE last two days.

There are news surfaced, there could be new substantial shareholders from Indonesia investors
and Middle East funds.

There are accumulating Scomi shares on the open market for sometime now. The shares could be
from Kaspadu Sdn Bhd, which has been disposing on the open market.

Kaspadu Sdn Bhd is belongs to Datuk Kamaluddin Abdullah and his partner Shah Hakim.


Lately, Scomi quarter financial results has not been encouraging.

Scomi Group said that, “operationally, the decrease was mainly attributable to lower revenue achieved by the transport solutions division and cost revisions resulting in an increase in the estimated costs to completion and reduction in the attributable profit of the monorail project”.

Tuesday, November 9, 2010

Change of Company Name

These is interesting, there are lots of company name being changed. Do you know which is their previous name?

Try this one, what is the previous name for Sinotop Holding Bhd? The answer is John Master Ind Bhd.

How about  Dutaland Bhd? If you have no clue, get the answer from table below, and you may look for other name.


Date Of Change


 Prev. Company Name

Curr. Company Name

Short Name

Stock
06/10/2010 LKT INDUSTRIAL BHD SAM ENGINEERING & EQUIPMENT (M) BHD SAM 9822
21/09/2010 AMDB BHD AMCORP PROPERTIES BHD AMDB 1007
25/08/2010 TAI KWONG YOKOHAMA BHD YOKOHAMA INDUSTRIES BHD YOKO 9849
06/08/2010 NATURAL BIO RESOURCES BHD POWER ROOT BHD PWOOT 7237
16/07/2010 MINPLY HOLDINGS (M) BHD TIGER SYNERGY BHD TIGER 7079
10/06/2010 AV VENTURES CORPORATION BHD AUTOV CORPORATION BHD AOTOV 7008
04/06/2010 DREAMGATE CORPORATION BHD RGB INTERNATIONAL BHD RGB 0037
06/05/2010 LITYAN HOLDINGS BHD THETA EDGE BHD THETA 9075
01/04/2010 LITESPEED EDUCATION TECH EDUSPEC HOLDINGS BHD EDUSPEC 0107
17/03/2010 SEQUOIA HOLDINGS BHD YEN GLOBAL BHD YEN 7184
19/02/2010 D&O VENTURES BHD D&O GREEN TECHNOLOGIES BHD D&O 7204
22/01/2010 JOHN MASTER IND BHD SINOTOP HOLDINGS BHD SINOTOP 8532
11/01/2010 HING YIAP KNITTING INDUSTRIES BHD HING YIAP GROUP BHD HINGYAP 7722
06/01/2010 TANAH EMAS CORPORATION BHD GOLDEN LAND BHD GLBHD 7382
15/12/2009 TAMCO CORPORATE HOLDINGS BHD ANCOM LOGISTICS BHD ANCOMLB 0048
02/12/2009 GLOBAL SOFT (MSC) BHD ARIANTEC GLOBAL BHD AGLOBAL 0020
18/11/2009 JAVA INCORPORATED BHD JAVA BHD JAVA 2747
10/11/2009 SINORA INDUSTRIES BHD INNOPRISE PLANTATIONS BHD INNO 6262
16/10/2009 PEMBINAAN LIMBONGAN SETIA BERHAD PLS PLANTATIONS BERHAD PLS 9695
16/09/2009 TRANS-ASIA SHIPPING CORP BHD TASCO BHD TASCO 5140
15/09/2009 MIKRO BERHAD MIKRO MSC BERHAD MIKROMB 0112
12/08/2009 MATRIX INTERNATIONAL BHD BERJAYA ASSETS BERHAD BJASSET  3239
16/07/2009 SARAWAK CONCRETE INDUSTRIES BERHAD SARAWAK CONSOLIDATED INDUSTRIES BERHAD SCIB 9237
10/07/2009 STS TECNIC BERHAD TECNIC GROUP BERHAD TECNIC 9741
09/07/2009 PK RESOURCES BERHAD NILAI RESOURCES GROUP BERHAD NILAI 5339
08/07/2009 TECASIA GROUP BERHAD MANGOTONE GROUP BERHAD MTONE 0033
07/07/2009 HUNZA CONSOLIDATION BHD MASTER PACK GROUP BHD MASTER 7029
25/06/2009 RESORTS WORLD BHD GENTING MALAYSIA BERHAD GENM 4715
25/06/2009 ASIATIC DEVELOPMENT BERHAD GENTING PLANTATIONS BERHAD GENP 2291
17/06/2009 AWC FACILITY SOLUTIONS BERHAD AWC BERHAD AWC 7579
09/06/2009 FOREMOST HOLDINGS BERHAD HOCK LOK SIEW CORPORATION BHD HLSCORP 7098
12/05/2009 AIROCOM TECHNOLOGY BHD PRIVASIA TECHNOLOGY BERHAD PRIVA 0123
24/04/2009 ONLINE ONE CORPORATION BHD GREEN OCEAN CORPORATION BHD GOCEAN 0074
03/04/2009 TM INTERNATIONAL BHD AXIATA GROUP BHD TMI 6888
18/03/2009 NAIM CENDERA HOLDINGS BHD NAIM HOLDINGS BHD NAIM 5073
15/12/2008 MANULIFE INSURANCE (M) BHD MANULIFE HOLDINGS BHD MANULFE 1058
17/11/2008 WELLI MULTI CORPORATION BHD ENERGREEN CORPORATION BHD ENERG 8958
07/11/2008 SUNWAY INFRASTRUCTURE BHD SILK HOLDINGS BHD SILKHLD 5078
30/10/2008 WENG ZHENG RESOURCES BHD WZ STEEL BHD WZSTEEL 7245
02/09/2008 PORTRADE DOTCOM BHD ORIENTED MEDIA GROUP BHD OMEDIA 0018
14/07/2008 FTEC RESOURCES BHD TECASIA GROUP BHD TECASIA 0033
04/07/2008 MERCES HOLDINGS BHD Y&G CORP BHD Y&G 7003
01/07/2008 RB LAND HOLDINGS BHD IJM LAND BHD IJMLAND 5215
23/06/2008 ORNASTEEL HOLDINGS BHD CSC STEEL HOLDINGS BHD CSCSTEL 5094
17/06/2008 WCT ENGINEERING BERHAD WCT BERHAD WCT 9679
09/06/2008 SDKM FIBRES WIRES & CABLES BHD SUPPORTIVE INTERNATIONAL HOLDINGS BHD SUPPORT 7131
30/04/2008 SIN CHEW MEDIA CORPORATION BHD MEDIA CHINESE INTERNATIONAL LIMITED MEDIAC 5090
29/04/2008 NEXNEWS BHD BERJAYA MEDIA BHD BJMEDIA 6025
18/04/2008 KUALA LUMPUR CITY CORPORATION BHD THE NOMAD GROUP BHD NOMAD 8508
27/03/2008 SCIENTEX INCORPORATED BHD SCIENTEX BHD SCIENTX 4731
18/03/2008 HI-CITY BIOSCIENCE GROUP BHD BIOSIS GROUP BHD BIOSIS 7193
11/02/2008 ECM LIBRA AVENUE BHD ECM LIBRA FINANCIAL GROUP BHD ECM 2143
29/01/2008 G.A.BLUE INTERNATIONAL BHD SEQUOIA HOLDINGS BHD SEQUOIA 7184
14/01/2008 FAJAR BARU CAPITAL BHD FAJARBARU BUILDER GROUP BHD FAJAR 7047
28/12/2007 JOBSTREET CORPORATION BHD JOBSTREET CORPORATION BHD JOBST 0058
18/12/2007 AKN MESSAGING TECHNOLOGIES BHD M3 TECH (ASIA) BHD M3TECH 0017
12/12/2007 SUNWAY HOLDINGS INCORPORATED BHD SUNWAY HOLDINGS BHD SUNWAY 4308
10/12/2007 MYCOM BHD DUTALAND BHD DUTALND 3948
04/12/2007 EDARAN DIGITAL SYSTEMS BHD EDARAN BHD EDARAN 5036
19/10/2007 OPUS INTERNATIONAL GROUP PLC OPUS GROUP BHD OPUS 3549
05/10/2007 THE AYER HITAM PLANTING SYNDICATE BHD TAHPS GROUP BHD TAHPS 2305
25/09/2007 AMALGAMATED CONTAINERS BHD PARKSON HOLDINGS BHD PARKSON 5657
25/09/2007 TENCO BHD NAGAMAS INTERNATIONAL BHD NAGAMAS 8923
07/09/2007 MALAYSIAN PLANTATIONS BHD ALLIANCE FINANCIAL GROUP BHD AFG 2488
28/08/2007 POS MALAYSIA & SERVICES HOLDINGS BHD POS MALAYSIA BHD POS 4634
17/08/2007 JUAN KUANG (M) INDUSTRIAL BHD TSM GLOBAL BHD TSM 8842
13/08/2007 ZECON ENGINEERING BHD ZECON BHD ZECON 7028
20/07/2007 EDEN ENTERPRISES (M) BHD EDEN INC BHD EDEN 7471
09/07/2007 PSC IND BHD BOUSTEAD HEAVY IND BHD BHIC 8133
09/07/2007 RUBY QUEST BHD ENVAIR HOLDING BHD ENVAIR 0080
05/07/2007 ALLIANZ GENERAL INSURANCE MALAYSIA BHD ALLIANZ MALAYSIA BHD ALLIANZ 1163
04/07/2007 PINWEE GROUP BHD PW CONSOLIDATED BHD PW 7134
04/07/2007 FITTERS HOLDING BHD FITTERS DIVERSIFIED BHD FITTERS 9318
03/07/2007 UTAMA BANKING GROUP BHD UBG BHD UBG 6831
02/07/2007 DATASCAN BERHAD CUSCAPI BHD CUSCAPI 0051
18/05/2007 ACP INDUSTRIES BHD MTD ACPI ENGINEERING BHD MTDACPI 5924
17/05/2007 SATANG JAYA HOLDINGS BHD SATANG HOLDING BHD   SATANG 7212
06/04/2007 SARAWAK ENTERPRISE CORPORATION BERHAD SARAWAK ENERGY BHD SARAWAK  2356
18/01/2007 SUGAR BUN CORPORATION BHD BORNEO OIL  BHD BORNOIL 7036

Sunday, November 7, 2010

Negative months for shares market


August - October are the negative months for stock market.

In the past three decades of the KLCI memory, the 3Q of the year had typically been the weakest.

Sept and Oct is also known as historical crash-prone period.

That is why some investors shun the market from Aug to Oct.

Month-to-month returns from 1977 to 2009 show that the months with the highest risk are the worst performing. In these 32 years on month-to-month returns, there are a common trend for KLSE, Dow and Hang Seng indices.

All three markets are weak in the Aug to Oct months.

For that reason, investors are recommended to "SELL" over this period and "BUY" in December.

The Oct has been touted as a negative month, more so because many of the global negative events in the past, took place during these months.

Fortunately, Oct'10 has been good to shares market. There are no negative event happen this year, so will the market continue to climb and the bull exist until Chinese New Year?
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