Monday, October 24, 2016

Quiet Monday

Monday morning ... a quiet, cool rainy morning.

Man City drew and Chelsea won. Overall, a good result for Liverpool to stand at #2, temporary.

Watching some gold-counters ... lead by ZhaoJin.

Nothing much to watch ... KLCI is very quiet too ... thinly traded with a new IPO (BCMall) shooting high.

Yesterday, I went to Shah Alam's library ... could not find many investment-books there but there is a good book about Bursa published by BSKL. Will share some of the pages when I m free, not so lazy ... or if I m in mood.

Everyone is talking about the budget ... zzzz ... nothing much there la. No movement in stocks, either.

10.10 am : KLCI hit resistance 1672 again ... failing to breakout with lacking of momentum.

This is historical chart of KLCI ... technically, KLCI is toppish there ... perhaps, we could wait for correction to 1200 level to consider entering again? Or perhaps ... if it crash to below 1000?

Seriously, I could only trying to be patient ... and wait.

In the mean time ... doing nothing much could be boring and restless. Market is not going anywhere, pending election? Year-end, we shall see market up abit ... now, nothing much.

ok ... going for some lepak-ing again.


Sunday, October 23, 2016

Mining Stocks : Recovery of GOLD?

Listening to clips related to mining-stocks ... checking some of the stocks.

GDX is an ETF tracking gold-mining stocks which has bottom out ... and recently pullback to current support at USD23 . A good look into gold-mining stocks would be a good trading idea as prices of gold would recover from here.

One could LONG gold or buy gold's ETF (such as GLD). Or perhaps check on some of the gold-mining stocks trading in HKSE.

This is my tonight's homework before determining which to buy(and hold for positional trade).


Coffee-date with JL

Good morning ... to a good results. They won 2 - 1, vs WBA. Actually, if you watch the game ... with 2-0 ahead in first-half, they could have scored a few more in the second-half but instead ... they conceded the goal and have to hang-on for 10mins plus. Anyway ... a win lifting them to top-4, a rare feat these days. haha.

I have few coffee-dates recently which I have not written or share them here. Ok ... trying to recall my meeting with JL, a trader with a local bank.

JL has been with the bank as trader for past 2-3 years. Being a young professional, he has been humble to learn. And yes me, he is a very knowledgable person. Perhaps it is his trainings and his surrouondings, making him a good trader.

JL has not experienced a market crash ... but as he is still so young, he will be witnessing few crashes!! So ... he said he stumbled upon my blog and interested to hear my stories on 2008-crash and preparation of the crash.

JL started to be intrested with financial-markets during his Uni-years and see it as a great opportunity to challenge himself. Being young and ambitious, I see him as a great trader in the making. He may not tell me what exactly his job specifications are ... but I could see his vision to be his own fund-manager, in the future.

Yes ... start young ... start small. One day, as we grow bigger ... we could handle larger responsibilities. To me, the coming crash would be seeing the last few years for me to be in markets!! All my stock-watch members (exisiting one) would be free ... should gained hugely from the crash and then ... we will not be trading much. By then, I no longer taking in members too. I do not need noises ... and hope the exisiting members will help others too.

For JL ... he will see many more crashes. So ... I will really like to keep in touch with your progress, JL. Thanks for respecting me so much ... I m just a mere teacher, a blogger la. Oh yes, thanks for that gift ... no gift is too small. It is the gesture and 'heart'. Let me know ... when you see the crash coming, ya. haha. Yeah ... wont expose you-la ... just stay focus. Good luck.

Will keep in touch ... for sure.

KNM : Oil up .. KNM up? these words been mentioned for YEARS ... crazy. Now oil up above USD50, are we going to see rally in O&G counters? No? BUY KNM at 40cents la ... may be they will goreng her up again ... to RM1?

Dont know what to look for in the budget : PR1MA being mentioned a lot. What counters will benefit?

Anyway ... it is Sunday. I didnt trade much and staying sideway, waiting for breakout of 1675 resistance level ... or sharp correction to come.

Have nice weekend.


Thursday, October 20, 2016

Pre-budget day : restless

10.50am : Heard the third debate ... still same issues and personal-attacks. Nothing much. KLCI flat and nothing much there, either ... awaiting budget-day. Some speculating on the increase in GST?

Recently, someone from comparehero contacted me ... it took me a month to post up the article they wanted to share.  It is a good money-site (similar to imoney/ringgitplus) which I do read some articles share from there.

I was given 2-3 articles to choose from ... so, i chosen some pointers they shared about what we could do to survive our falling MYR.

Since I m doing nothing much (in trading), I m reading more to increase my knowledge and reminding myself (revision for exams) some materials

checking these clips ... interesting.

another interesting clip ... giving us some tips to do things 'right'. haha.

Time to jalan-jalan ...


Wednesday, October 19, 2016

Stock Alert : AT

Updated the list ... too lazy to key-in the exact kos/nilai for each stocks. So, I just placed the 'jumlah'. Hope ASB would be able to give another 7% dividend (and I taken loan at 5% interest). I will be reading the whole interim-report for this week. It is written in Malay.

I m in 'lazy' mode ... do not want to check on things much. Few issues to settle ... so, I go-here-there to lepak ... to get my mind out of the bugging issues. Will face them head-on, anyway.

AT : activated recently for distributions. If those punters do not SELL ... now, will get very sticky and ... low could go lower.

Note : Saw Perisai at 5.5cents this morning. Do not catch.

Time to get back ... being lazy. Will update my recent coffee-dates, ok?


Tuesday, October 18, 2016

What Should You Do To Survive The Falling Ringgit?

According to Bloomberg last month, Malaysia’s Ringgit has posted its biggest slump in 10 months due to the lower crude oil prices and the fallout from a controversy involving a state investment firm which sapped demand for the nation’s assets.

From the projected outlook by analysts and market experts, it is very likely that the Ringgit’s performance be volatile, weighed by commodities price particularly oil prices, political uncertainties and also gloomy global economic conditions.

Taking charge of this, here are some of the proposed moves you can take to protect your assets or investments:

1.       Open A Foreign Currency Savings Account

Whether you are looking for an investment opportunity, to pay for your child’s education overseas or an international business venture, this is the evident way to own foreign currencies. It is available in various currencies such as:  USD, AUD, SGD, GBP and RMB in many local and foreign banks throughout Malaysia.

However, the interest rate rewarded for putting your money into these savings accounts is minimal, and some are even close to 0%. This is due to the overall low interest rate policies in their homelands.

2.       Invest In Retail Bonds

If you have higher risk appetite, you may go for the retail bonds that are offered by some foreign banks in Malaysia. These retail bonds are denominated in foreign currencies such as USD, SGD and AUD.

They are classified according to their credit rating; companies that are financially sound will earn higher credit ratings. Hence, investors may choose according to their risk preferences, tenure and their expected rate of returns accordingly.

1.       Invest In Unit Trusts, Stocks And Properties With Lower Volatility

More sophisticated investors may consider unit trusts, stocks and properties in foreign countries. These investments are for medium term to long term investors who has a longer holding power. In addition, you also need to do a lot of homework for your investment as the foreign markets are more volatile.

All investment involves risk, especially the foreign currency markets. We must understand that there is no one currency that is more superior to others forever. All currencies have their ups and downs that are reflected on their country’s financial strength and its political stability.

Although the Ringgit is currently in a depressed state, recovery may be just around the corner. Hence, unless you have an overseas business or children studying overseas, do not allocate more than 20% of your portfolio into foreign currency assets as foreign currency involves high risk, considering the current global economic situation from Brexit and geopolitical factors.

And also, it is important to know that most of the stocks that are benefitting from weaker ringgit or stronger US dollar are already trading at its fair value or even overvalued. So, you consider taking a look at more stable options such as dividend-stocks and REITs to secure your capital.

This article is contributed by, Malaysia’s trusted financial comparison portal dedicated to saving you time and money by comparing all credit cards, broadband plans and personal loans in Malaysia.


Monday, October 17, 2016

ASNB's portfolio

Monday morning ... KLCI flat. Budget week's nervousness ...

FCPO plus 100+ points ... interesting gap up but most plantation-stocks lagging behind.

Went thru pages of this ASB's report (as of 30th Jun 2016) .. the stocks they are holding. Will list it here later ... do visit here again tmr.


#1 : MahSing
#2 : Sunway


#1 : Gamuda
#2 : HSL
#3 : IJM
#4 : Mitra
#5 : SunCon
#6 : WCT

Consumer Products

#1 : BAT
#2 : UMW


#1 : AMBank
#2 : CIMB
#3 : HLBank
#4 : MBBank
#5 : RHBank

Industrial Products

#1 : Kossan
#2 : Lafarge
#3 : PChem
#4 : PetGas
#5 : Shell
#6 : Supermax
#7 : Taann


#1 : Digi
#2 : YTLPower


#1 : FGV
#2 : HSPlant
#3 : IOICorp
#4 : KLK

Trading and Service

#1 : AirAsia
#2 : Astro
#3 : Axiata
#4 : BJAuto
#5 : Armada
#6 : GasMsia
#7 : IHH
#8 : KPJ
#9 : Malakof
#10 : MAHB (Airport)
#11 : Maxis
#12 : MBMR
#13 : MISC
#14 : Myeg
#15 : PetDag
#16 : POS
#17 : Presbhd
#18 : SIME
#19 : SKPetrol
#20 : Tenaga
#21 : Telekom
#22 : UMWOG


#1 : GTronic
#2 : Inari
#3 : Unisem


#1 : Axis

Jumlah Pelaburan :

Unit 250, 735, 156 units.

Kos RM1, 171, 950, 344 (RM1.171bil)

Nilai Saksama as at 30th June RM968, 845, 183 (RM968.845mil)


Sunday, October 16, 2016

Speak Hokkein Campaign

Promoting Hokkien ...

I will try to speak basic Hokkien to my kids. Hopefully, I would be retiring in Penang ... one day.


Sunday blah-blah

Good morning to Sunday ... a great day to rest.

Last night I met another two of my long-lost Uni coursemates!! Will take more efforts to meet more of them ... there are around 20 of us in the watsapp ... not easy to get in touch of old friends, lost contacts for some 26years!!

CY : He was a very active person ... most active during Uni time and organiser of many events. Yeah ... he could recall so well many Uni events ... including me&him the only two silly students taken "Complex Analysis" under Prof Dr Chong Kong Ming

Note on Prof Chong's work on AM-GM : ( )
 and (

Anyway, CY is currently a lecturer in local-private Uni, after taken his Masters in Applied Mathematic. He wants to 'follow' me to capitalise in stock-market crash ... but he has zero knowledge in stock-investments

MY : She is one ambitious lady ... first class honours ... went to Spore to work, and the promoted and then shifted to China .... as China was expanding in very past pace. Imagine working in Shanghai some 10 years ago ... and still currently based in China (travelled to US often as it is a large US company). She is a senior-director of Asia-Pacific region now. Very strong lady, indeed.

We talked about education and China. Haha .. interesting to meet friends after 26years.

Life is more than just work-money-die ... at least that is how I see it. Haha. I enjoyed simple chat with old-friends ... admiring their achievements and doings.

Ok ... KLCI chart no-good after Friday. See if 1650 support ok-or-not next week.

Time to go ... have nice Sunday.