Thursday, October 23, 2014

KLCI open UP !

Today KLCI open with a bang, up 12 points.  Surely many were expecting KLCI to go down after Dow Jones was down 153 points last night.

But KLCI goes the opposite way, by moving up north !  With that KLCI is back to 1800 points.

Hopefully this will last long and stop the downtrend which has been happening for the last three weeks.

Tuesday, October 14, 2014

Dow Jones dropped another 223 points !

These is unbelievable ! Dow Jones continue to dive........ lost another 223.03 or (-1.35%) last night to close at 16,321.07.

A massive 670 points lost in just three days !

Last night lost could be the final nail in the coffin for retailer investors. Especially those who chased penny stocks earlier.

With KLCI lost their 1800 mark to close at 1797 points yesterday.

Whoever hoping for a short term recovery will be disappointed, it will take a long time before another BULL appear.

October-fest, celebrate with plain water instead of beer now !

Saturday, October 11, 2014

Dow Jones lost 450 points in two days !

Dow Jones down again last night, it dropped another -115.15 points or (-0.69%), to close at 16,544.10.

In just two days, Dow had lost 450.12 points.

With no exciting announcement from Budget 2015, look like Bursa and KLCI are not to be spared by losing more points.

KLCI could breach below 1800 points, as it is only less than 9 points away from 1700 marks.

Look like BEAR is coming.........

Friday, October 10, 2014

Dow Jones dropped 335 points !

Dow Jones sees red again last night, a bloodshed ...... down by -334.97 points or (-1.97%), to close at 16,659.25.

Sea of red.......... to be seen in Bursa Malaysia today? Hopefully not !

Hopefully PM - Najib will give a favourable Budget 2015 to Malaysian and Bursa.

Thursday, October 9, 2014

Will KLCI going up today ?

Last night, Dow Jones jumped 274.83 points, or 1.6 percent, to close at 16,994.22.

Markets were so volatile for last few days. Only the day before, Dow Jones down 273 points on fears that the global economy was slowing down. Yesterday gains by Dow Jones only made up for what markets lost on Tuesday.

Are we going to see KLCI make a huge jump today?

This is everybody's wish unless you have zero holding in hand.

Friday, October 3, 2014

Why KSL gone UP !

These could be the reasons why KSL shares price has been going up for last two months.

Finally KSL made some announcement after their shares price has been steadily moving up from 2.20 to almost 5.00 within two month from June to September.

KSL proposed to have a One for One (1:1) Bonus Issue, the announcement was made to Bursa Malaysia yesterday.

Besides the bonus issue, the announcement also include:-

- Dividend Reinvestment Plan
- Increased in Authorised Share Capital

For more details on KSL announcement, click here
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