Comments on: Bursa Malaysia – KLCI Deceptively Strong

By: larry

larry — Sun, 08 Mar 2009 06:11:01 +0000

Here’s the recent take on SIME DARBY from some of the Analysts:

1. AmResearch – downgrade from Buy to Hold
2. CIMB Research- maintain Underperform
3. Maybank Investment Bank – Fully Valued, Poor Q2 results
4. RHB Research – Market Perform but expect next few quarters to be weaker
5. BNP Paribas – Reduce, poor Indonesian operations a concern, no potential catalyst in sight.

By: M-inc

M-inc — Fri, 06 Mar 2009 18:57:55 +0000

well msian might be pushing for the index, after the RM10bil expected in second stimulus package

By: larry

larry — Thu, 05 Mar 2009 05:19:40 +0000

From what I was told, it was month end window dressing. I didn’t notice myself, had to ask some experts for advice

mbge7clt, KNM is more of a trading stock I guess, for me I’m yet to be convinced about the long term fundamentals of this company , I’m still baffled how the company grew to an RM8 billion market cap company in such a short time…. and lost most of it in an even shorter time. Seems like there is so much speculation surrounding this counter, you can get your hands burnt if not careful.

By: HW

HW — Tue, 03 Mar 2009 06:30:01 +0000

hi,
yeah,, i also hope u can comment on the reason y the index shoot up at the last moment of trading..

By: vanitysierra

vanitysierra — Sun, 01 Mar 2009 14:19:46 +0000

Erm.. All handphone camera.. Haha
(referring to your comment on my blog)

By: mbge7clt

mbge7clt — Sat, 28 Feb 2009 13:39:36 +0000

hi,
i totally agree with you, there is something fishy about our market especially closing time when it suddenly shoot up. any comment on how this happen at last min of trading? isn’t the new bursa system of pre-closing time prevents this kind of scenario to happen?
btw, i would be interested to hear your view on knm?

thanks
mbge7clt

By: fark.my

fark.my — Fri, 27 Feb 2009 04:38:22 +0000

Bursa Malaysia – KLCI Deceptively Strong : Horizon.my…

In case you’re wondering why Bursa Malaysia is so strong despite the Dow making fresh lows each day, HLeBroking’s newsletter today provides a good glimpse of the scenario…