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[12/1, 6:29 AM] Rosdi maybank: Reuters- U.S. stocks ended with big gains for November on Wednesday thanks to a sharp post-election rally, but the S&P 500 finished the day flat as drops in utilities and technology offset energy’s surge.

Energy shares jumped with oil prices after OPEC agreed to cut production. U.S. oil prices rose 9.3 percent, while the S&P energy index jumped 4.8 percent.

Bank shares also jumped after comments by Steven Mnuchin, President-elect Donald Trump’s pick for U.S. Treasury secretary, told CNBC that tax reforms and trade pact overhauls would be top priorities of the new administration. Bank of America gained 4.5 percent.

But top dividend payers likes utilities and telecommunications companies, whose stocks tend to fall as interest rates rise, declined as bond yields jumped. The S&P utility index was down 3.2 percent, while shares of AT&T fell 2.2 percent.

“This is related to anticipation that if, indeed, energy prices continue to rally … it’s going to benefit the U.S. energy industry, which is a significant part of our economy,” said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.

“That pressures other high-income plays, because as the economy accelerates there’s a greater possibility the Fed might increase their pace of interest rate hikes,” he said. “It could be a reallocation of capital.”

Investor expectations are high that the Federal Reserve will raise rates at its meeting next month.

For the day, the Dow Jones industrial average was up 1.98 points, or 0.01 percent, to 19,123.58, the S&P 500 lost 5.85 points, or 0.27 percent, to 2,198.81 and the Nasdaq Composite dropped 56.24 points, or 1.05 percent, to 5,323.68.
[12/1, 6:51 AM] Rosdi maybank: investment consultant:
Bursa Malaysia Stocks

Thursday 1/12/2016

Latest Currency exchange is RM4.46

Have faith, be patient then grab the best timing to fight back in rebound play

Finally all quarterly results are released, no matter the results are bad or very bad, everything is already happened, at least overnight result risks are gone, you have tried your best move!

We all know market is bad for few months already, many people disappointed to this market, giving up and cashing out from the market. If you are still in the market, able to withstand this bad sentiment market and ignore bad influences, you have survived, things can’t kill you make you stronger!

Rebound play counters are :

OCNCASH support RM0.38, Resistance RM0.40

PENTA support RM1.1, Resistance RM1.35

PESONA Support RM0.52

Dufu Support RM0.65 Resistance RM0.70

KUB wait for stabilize

Mikromb good result , trading opportunities

O&G : oil price big rebound today, monitor skpetro,hibiscus ,knm and etc.. for short rebound

Thplant wait for stabilize then can go further in medium term play!
[12/1, 11:01 AM] Rosdi maybank: Market News Roundup

1⃣ TSH plans to privatise its 67.46%-owned subsidiary EKOWOOD at 40 sen a share to restructure the loss-making unit.

2⃣ SILK has bagged a RM27.8m contract to provide an anchor handling tug supply vessel to support a high-pressure high-temperature jack-up drilling rig.

3⃣ MWE is jointly developing a mixed development estimated to have a GDV of RM1.5b on nine plots of leasehold land in Bukit Raja, Selangor, with a private developer.

4⃣ KUB & MASTEEL have mutually agreed to terminate their JV agreement for the proposed RM1.23b inter-city rail transit system project in Iskandar Malaysia, Johor.

5⃣ MYEG and its MD Wong Thean Soon have been publicly reprimanded by Bursa Malaysia for breaching listing requirements. The regulator fined Wong RM50k.

6⃣ EVERSENDAI achieved a historic RM2.7b order book as at the end of 3QFY16.

Financial Result Highlight

IRIS registered a net loss of RM21.3m for 2QFY17, compared with a net profit of RM4.8m last year, due to a steep drop in gross profit.

KPJ’s net profit dropped by 15% in 3QFY16 to RM32.5m due to higher depreciation and finance costs from newly opened hospitals.

MRCB recorded a surge in its net profit of over 4x to RM29.39m or (1.49 sen/share) in 3QFY16, due to the RM278.5m gain recorded from disposals of the group’s non-core assets in 2015.

Sources: theedgemarkets.com ; thestar.com
[12/1, 11:06 AM] Rosdi maybank: *M+ Online Morning Buzz – 1Dec16*

*Dow Jones: 19,123.58 pts (+1.98pts, +0.01%)*
Wall Street closed mixed overnight as the Dow rose 0.01% but pared most of its intraday gains, while the S&P 500 fell 0.3%, dragged down by telecommunication and utilities shares.

*FBM KLCI: 1,619.12 pts (-7.81pts, -0.48%)*
Selling pressure from foreign funds amongst selective blue chip stocks sent the FBM KLCI to close at its lowest level in two weeks as the key index tanked 3.2% M.o.M in November. The immediate support level is located around the 1,610 level.

*Crude Palm Oil: RM3,073 (+RM23, +0.75%)*
Crude palm oil prices reversed its intraday losses, tracking the strong gains in crude oil prices. The RM3,100 level will serve as the next resistance level.

*WTI Crude Oil: $49.44 (+$4.10, +9.06%)*
Following the 14 members of OPEC decision to collectively trim their output by 1.2 mln barrels per day, crude oil prices surged to one-month high level. Crude oil prices might trend towards the US$50-US$52 levels.

*Gold: $1,173.20 (-$13.66, -1.15%)*
Gold prices extended its losses, dragged down by the stronger US Dollar coupled with rising expectation of US interest rate hike. The US$1,150 level will serve as the immediate support level.

*Economic Releases:*
CN – China’s Manufacturing PMI – 1Dec16, 9.00AM
EU – Eurozone’s Manufacturing PMI – 1Dec16, 5.00PM
US – US’ ISM Manufacturing PMI – 1Dec16, 11.00PM

*Bursa Malaysia Trade Statistics – 30Nov16*
Institutions: *Net BUY* 490.1 mln (41.0%)
Retail: *Net SELL* 2.5 mln (8.7%)
Foreign: *Net SELL* 487.6 mln (50.3%)

*Potential Momentum Stocks – 1Dec16*
*Stock Name: ECOWLD (8206)*
Entry: Buy above RM1.38
Target: RM1.51 (9.4%), RM1.63 (18.1%)
Stop: RM1.30 (-5.8%)
Shariah: Yes
Technical: Monitor for breakout

*Stock Name: AIRASIA (5099)*
Entry: Buy above RM2.730
Target: RM2.89 (5.9%), RM3.08 (12.8%)
Stop: RM2.62 (-4.0%)
Shariah: No
Technical: Flag-formation breakout

_*Source: Bloomberg, M+ Online*_
[12/1, 11:21 AM] Rosdi maybank: Naza:
Naza sharif Channelist:
TRENDSCHANNEL SOLUTIONS:
counter2 yg mungkin boleh di kaji dan akan terdapat teknikal reboun

1.SHH

2.ioipg

3.mahsing

4,pecca

5.melewar

6.ifcams

kemungkinan akan harga akan jatuh sedikit..tapi dalam jangkaan kesemua nya dalam keadaan low risk. but still ada risk…anyway ini hanya teknikal reboun yg di jangka kan..bukan lah satu buy call…kajian lebih terperinci perlu di lakukan terlebih dahulu…wallahualam..semua nya adalah dengan izin ALLAH yang maha mengetahui.

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Logic Trading Analysis Channel:
BURSA MALAYSIA MARKET IDEAS THURSDAY (01/12/2016):

FBMKLCI THE RISE OF DECEMBER REVENGE

Dear All,

The FBMKLCI closed lower at -7.81 point or -0.48% to close at 1619.12.

FBMKLCI panic sell down at last day of November but it doesn’t matter cause we expect a bullish rebound revenge in coming December.

DJIA is inside the feel good factor after TRUMP win the Precidency. Am not much worry as long as big sell down.

Talk back to our market, yesterday we get aggressively catching rebound for PESONA, SENDAI, FGV and few other which see strong move and we not like other used to shy away when market is bad. We just waiting best timing to Meletup !

Looking at oil price rebound on possible good news from OPEC, we are already in some position for oil stock ! Oil stock that will move, not those lose making oil stock !

Take what you loss this November back, by follow us closely:

https://telegram.me/ltachannel !

A Compromise is an agreement whereby both parties get what neither of them wanted this Thursday ! !

“Goreng Tetap Goreng” !
Yours Sincerely,
Logic Trading Analysis

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BursaKakis Channel :
BKs will not be issuing any Technical Ideas for the time being due to the bearish trend of the market. Foreign Funds are selling non-stop and ringgit could weaken further. It’s better to reserve some cash for bargain hunting when the time is right – BKs

Iris, TSH Resources, Affin, BIMB, KPJ, APM, Silk, MWE, KUB, Malaysia Steel Works, My EG, Karyon, Media Chinese International, Eversendai, Cahya Mata, MRCB and UEM Sunrise | The Edge Markets

http://www.theedgemarkets.com/en/article/iris-tsh-resources-affin-bimb-kpj-apm-silk-mwe-kub-malaysia-steel-works-my-eg-karyon-media

M+ Online Morning Buzz – 1Dec16

Dow Jones: 19,123.58 pts (+1.98pts, +0.01%)
Wall Street closed mixed overnight as the Dow rose 0.01% but pared most of its intraday gains, while the S&P 500 fell 0.3%, dragged down by telecommunication and utilities shares.

FBM KLCI: 1,619.12 pts (-7.81pts, -0.48%)
Selling pressure from foreign funds amongst selective blue chip stocks sent the FBM KLCI to close at its lowest level in two weeks as the key index tanked 3.2% M.o.M in November. The immediate support level is located around the 1,610 level.

Crude Palm Oil: RM3,073 (+RM23, +0.75%)
Crude palm oil prices reversed its intraday losses, tracking the strong gains in crude oil prices. The RM3,100 level will serve as the next resistance level.

WTI Crude Oil: $49.44 (+$4.10, +9.06%)
Following the 14 members of OPEC decision to collectively trim their output by 1.2 mln barrels per day, crude oil prices surged to one-month high level. Crude oil prices might trend towards the US$50-US$52 levels.

Gold: $1,173.20 (-$13.66, -1.15%)
Gold prices extended its losses, dragged down by the stronger US Dollar coupled with rising expectation of US interest rate hike. The US$1,150 level will serve as the immediate support level.

Economic Releases:
CN – China’s Manufacturing PMI – 1Dec16, 9.00AM
EU – Eurozone’s Manufacturing PMI – 1Dec16, 5.00PM
US – US’ ISM Manufacturing PMI – 1Dec16, 11.00PM

Bursa Malaysia Trade Statistics – 30Nov16
Institutions: Net BUY 490.1 mln (41.0%)
Retail: Net SELL 2.5 mln (8.7%)
Foreign: Net SELL 487.6 mln (50.3%)

Potential Momentum Stocks – 1Dec16
Stock Name: ECOWLD (8206)
Entry: Buy above RM1.38
Target: RM1.51 (9.4%), RM1.63 (18.1%)
Stop: RM1.30 (-5.8%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: AIRASIA (5099)
Entry: Buy above RM2.73
Target: RM2.89 (5.9%), RM3.08 (12.8%)
Stop: RM2.62 (-4.0%)
Shariah: No
Technical: Flag-formation breakout

Source: Bloomberg, M+ Online

Uob Kay Hian Daily Top Pick, 1 Dec 2016

Btm, 7188
Close, 0.23
Buy TP, 0.275, 0.305
Support, 0.20
SL, 0.195

Time Frame, 2 Weeks to 2 Months

Yongtai, 7066
Close, 1.22
Buy, TP, 1.34, 1.42
Support, 1.15
SL, 1.14
Time frame 2 weeks to 2 months

Amprop, 1007
Close, 0.80
Breakout, 0.805
Buy TP, 0.88, 0.945
Support, 0.75
SL, 0.745
Time frame, 2 weeks to 2 months

Thanks

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TradetheHotstocks:
Market News Roundup

1⃣ TSH plans to privatise its 67.46%-owned subsidiary EKOWOOD at 40 sen a share to restructure the loss-making unit.

2⃣ SILK has bagged a RM27.8m contract to provide an anchor handling tug supply vessel to support a high-pressure high-temperature jack-up drilling rig.

3⃣ MWE is jointly developing a mixed development estimated to have a GDV of RM1.5b on nine plots of leasehold land in Bukit Raja, Selangor, with a private developer.

4⃣ KUB & MASTEEL have mutually agreed to terminate their JV agreement for the proposed RM1.23b inter-city rail transit system project in Iskandar Malaysia, Johor.

5⃣ MYEG and its MD Wong Thean Soon have been publicly reprimanded by Bursa Malaysia for breaching listing requirements. The regulator fined Wong RM50k.

6⃣ EVERSENDAI achieved a historic RM2.7b order book as at the end of 3QFY16.

Financial Result Highlight

IRIS registered a net loss of RM21.3m for 2QFY17, compared with a net profit of RM4.8m last year, due to a steep drop in gross profit.

KPJ’s net profit dropped by 15% in 3QFY16 to RM32.5m due to higher depreciation and finance costs from newly opened hospitals.

MRCB recorded a surge in its net profit of over 4x to RM29.39m or (1.49 sen/share) in 3QFY16, due to the RM278.5m gain recorded from disposals of the group’s non-core assets in 2015.

Sources: theedgemarkets.com ; thestar.com

1st December,2016 Overnight Markets Roundup

US MARKET
DJIA : 19,123.58 (+1.98)
S&P500 : 2,198.81 (-5.85)
NASDAQ : 5,323.68 (-56.24)
VIX : 13.33 (+0.43)
US stocks ended with big gains for Nov thanks to a sharp post-election rally, but the S&P 500 finished the day flat as drops in utilities and technology offset energy’s surge.

EUROPE/UK MARKET
FTSE : 6,783.79 (+11.79)
DAX : 10,640.30 (+19.81)
CAC 40 : 4,578.34 (+26.88)
European shares hit a 3-week high, with energy stocks racing higher as oil prices jumped after a deal to curb global oversupply.

CHINA/HK MARKET
SHANGHAI : 3,250.59 (-32.34)
HSI : 22,789.77 (+52.70)
China’s blue-chip stock index slid, as raw material stocks tanked after commodity prices were hit by fears of a liquidity squeeze.
HK stocks followed Wall Street higher but gains were limited as investors were reluctant to buy shares ahead of an OPEC meeting and Italy’s referendum result.

JAPAN MARKET
Nikkei : 18,308.48 (+1.44)
Japanese stocks ended nearly flat as most investors stayed on the sidelines ahead of an OPEC meeting later in the day to decide on production cuts and a crucial weekend referendum in Italy.

M’SIA MARKET
KLCI : 1,619.12 (-7.81)
KLCI declined 0.48% as late selling of PetDag & PetGas shares led to a sudden drop in KLCI. The Petronas-linked shares fell as the OPEC deliberate over a potential output cut.
⬆276⬇526↔315

OIL
WTI : 49.01
Brent : 51.48
Oil soared >10% to over $50 a barrel as some of the world’s largest producers agreed to curb production for the first time since 2008 in a bid to support prices.

GOLD
GOLD : 1,174.50
Gold slipped, as strong US economic data buoyed the dollar and further cemented the case for hiking rates in Dec.

FX & BONDS
USD/MYR : 4.4700
EUR/MYR : 4.7357
GBP/MYR : 5.5910
AUD/MYR : 3.3011
HKD/MYR : 0.5763
SGD/MYR : 3.1187
USD/JPY : 114.45
Msia 10 yr Bond Yield : 4.424%
US 10 yr Bond Yield : 2.390%

30/11 BURSA TRADE STAT
Retail (8.7%) – net SELL RM2.50M
Institution (41.0%) – net BUY RM490.05M
Foreign (50.3%) – net SELL RM487.55M
Total traded value RM3.233B
By SARA H’NG/ALAN TAN

Sources: investing.com, cnbc.com, reuters.com, bloomberg.com, barrons.com, klsescreener.com, theedgemarkets.com & thestar.com

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The Bursa Analyst Channel:
1 December 2016 ( THURSDAY):

HOHOHO ! IT IS CHRISTMAS MONTH !! Early X-mas present: Oil and Gas counters !

With OPEC’s Deal going through, I can confirm, Our market will recover, and oil and gas stocks will Rally !

“VIENNA (Reuters) – The Organization of the Petroleum Exporting Countries has agreed its first oil output cuts since 2008, an OPEC source told Reuters on Wednesday.
The source said the agreement was in line with an accord reached in Algiers in September. OPEC member Algeria was proposing to set a new production ceiling at 32.5 million barrels per day, down from current levels of 33.6 million.” (Investing.com, 2016)

OF course, many think that u take a stone and throw at any Oil and Gas Counter, it will go up BUT NO ! you have to pick good FA counters too !

My Favourite few Oil and Gas Counters are (in descending order – Most LOVE to Least LOVE):

1. HIBISCS
2.SKPETROL
3.DNEX
4.WASEONG
5.COASTAL
6.DIALOG
7.DESTINI & THHEAVY ( can look see look see) but trade cautiously
8.PERISAI is forever a SAI COMPANY, SAI means SHIT. DON’T EVER TOUCH THIS COMPANY

LET THE MONEY FLOW THIS THURSDAY !
Follow The Bursa Analyst Channel for potential stockpicks and daily update.

https://telegram.me/TBAChannel

Views – 84

BursaKakis Channel , [30.11.16 10:13]
Uob Kay Hian Daily Top Pick, 30 Nov 2016

Goodway, 7192
Close, 0.63
Breakout, 0.655
Buy TP, 0.73, 0.775
Support, 0.59
SL, 0.585

Time Frame, 2 Weeks to 2 Months

Saudee, 5157
Close, 0.29
Breakout, 0.31
Buy, TP, 0.365, 0.395
Support, 0.275
SL, 0.27
Time frame 2 weeks to 2 months

Mlglobal, 7595
Close, 0.83
Breakout, 0.83
Buy TP, 0.92, 0.995
Support, 0.77
SL, 0.765
Time frame, 2 weeks to 2 months

Thanks

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BursaKakis Channel , [30.11.16 08:55]
[Forwarded from Itchy Itchy Trader Club (J C)]
M+ Online Morning Buzz – 30Nov16

Dow Jones: 19,121.60 pts (+23.70pts, +0.12%)
U.S. stockmarkets rebounded overnight as the Dow rose 0.1% on stronger-than-expected economic data.

FBM KLCI: 1,626.93 pts (-1.73pts, -0.11%)
Despite opening higher at the start of the trading bell, quick profit taking amongst selective telco heavyweights sent the FBM KLCI 0.1% lower. The immediate resistance level is located around the 1,630 level.

Crude Palm Oil: RM3,050 (-RM27, -0.88%)
Crude palm oil prices halted a sixth straight sessions of gains, taking cue from the weakness in soybean oil prices. The RM3,100 level will serve as the next resistance level.

WTI Crude Oil: $45.23 (-$1.82, -3.87%)
Crude oil prices slipped owing to the uncertainty of OPEC meeting later today. Crude oil prices might trend between the US43-US$50 levels.

Gold: $1,188.31 (-$4.37, -0.37%)
Gold prices declined on increasing expectations of US interest rate hike. The US$1,200 level will serve as the next resistance level.

Economic Releases:
MY – Malaysia’s October Producer Price Index – 30Nov16, 12.00PM
EU – Eurozone’s November Flash Inflation Rate – 30Nov16, 6.00PM
US – US’ ADP Employment Change – 30Nov16, 9.15PM

Bursa Malaysia Trade Statistics – 29Nov16
Institutions:  Net BUY 168.7 mln (57.9%)
Retail:  Net SELL 20.6 mln (13.8%)
Foreign:  Net SELL 148.1 mln (28.3%)

Potential Momentum Stocks – 30Nov16
Stock Name: OWG (5260)
Entry: Buy above RM2.37
Target: RM2.54 (7.2%), RM2.75 (16.0%)
Stop: RM2.22 (-6.3%)
Shariah: No
Technical: Monitor for breakout

Stock Name: REXIT (0106)
Entry: Buy above RM0.62
Target: RM0.685 (10.5%), RM0.755 (21.8%)
Stop: RM0.595 (-4.0%)
Shariah: Yes
Technical: Breakout-pullback-continuation formation

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BursaKakis Channel , [29.11.16 19:07]
BKs Technical Ideas 30/11/2016

1) Owg

Kindly refer to chart posted in BKs Channel.

Our Telegram Link: telegram.me/bursakakis

Our Facebook Link : https://www.facebook.com/groups/192414771167397/

DISCLAIMER: The comments here are for sharing and learning purposes and do not represent a recommendation to buy or sell. Kindly consult your remisiers or dealers before you take any action. Thank you.
++++++++++++=
BursaKakis Channel , [30.11.16 06:23]
[Forwarded from THOMAS TF LIM]
Melewar, Ahmad Zaki, Alliance, Panasonic, Lafarge, Litrak, Kimlun, DRB-Hicom, PBA, My EG Services, Karex, Mudajaya, Power Root, Dutch Lady, Benalec, Media Prima, Allianz & Sime Darb | The Edge Markets

http://www.theedgemarkets.com/en/article/melewar-ahmad-zaki-alliance-panasonic-lafarge-litrak-kimlun-drb-hicom-pba-my-eg-services

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TradetheHotstocks, [30.11.16 06:51]
Market News Roundup

1⃣ KIMLUN has bagged a contract worth RM52.8m to supply and deliver precast concrete tunnel segment linings to the MRT2 project.

Financial Result Highlight

AZRB saw its net profit jump 93% to RM8.52m (1.76 sen/share) for 3QFY16, its construction division is expected to register continued strong performance.

AFG’s net profit for 2QFY17 dipped to RM132.58m, vs RM134.66m a year earlier. The group declared an interim dividend of 8.5 sen per share.

PANASONIC’s net profit fell 23.62% to RM30.78m in 2QFY17, on higher opex and lower share of profits from an associated company.

LAFARGE’s net profit for 3QFY16 plunged 94.7% to RM3.7m (0.4 sen/share), due to lower sales contribution from the cement segment as a result of soft market demand.

DRB-HICOM posted its 4th straight quarterly loss with a net loss of RM309.63m (16.02 sen loss/share) in 2QFY17. The group’s performance for FY17 will continue to remain challenging.

PBA saw its net profit jump by 73.31% to RM22.74m for 3QFY16, mainly driven by recognition of income for transfer of assets from customers.

MYEG’s net profit for 1QFY16, rose 42.2% to RM40.5m (1.7 sen/share), expects continued growth in volume of its existing services.

KAREX reported a 63.5% fall in net profit to RM8.14m (81 sen/share) for 1QFY17, due to lower forex gain.

POWER ROOT’s net profit fell 13.57% to RM12.23m in 2QFY17, on lower forex gain.

Sources: theedgemarkets.com ; thestar.com

TradetheHotstocks, [30.11.16 06:53]
30th November,2016 Overnight Markets Roundup

US MARKET
DJIA : 19,121.60 (+23.70)
S&P500 : 2,204.66 (+2.94)
NASDAQ : 5,379.92 (+11.11)
VIX : 12.90 (-0.25)
US stocks edged higher as an upbeat outlook from UnitedHealth lifted health insurers, though a sharp drop in oil prices weighed on energy shares and limited the advance.

EUROPE/UK MARKET
FTSE : 6,772.00 (-27.47)
DAX : 10,620.49 (+37.82)
CAC 40 : 4,551.46 (+41.07)
European shares rose slightly, helped by a strong rebound in Italian banks, while reports of a improved takeover offer sent Swiss biotech Actelion rallying to a fresh all-time high.

CHINA/HK MARKET
SHANGHAI : 3,283.36 (+6.36)
HSI : 22,737.07 (-93.50)
China’s blue-chip index rose, encouraged by more signs that China’s economy is stabilizing, with a Reuters poll showing manufacturing sector activity likely held onto a modest expansionary trend this month.
HK markets fell, weighed down by energy shares as oil prices dropped on doubts that OPEC would hammer out an output cut.

JAPAN MARKET
Nikkei : 18,307.04 (-49.85)
Japanese stocks dropped in thin trade after Wall Street fell, while a stronger yen hurt sentiment and insurers took a breather from recent gains.

M’SIA MARKET
KLCI : 1,626.93 (-1.73)
Blue chips closed lower, weighed down by losses in Maxis, Genting & Tenaga.

OIL
WTI : 45.26
Brent : 47.31
Oil fell 4% as an OPEC deal to curb output appeared in jeopardy after Iran and Saudi Arabia failed to bridge differences.

GOLD
GOLD : 1,186.50
Gold prices fell due to expectations of rising US interest rates and a higher dollar and improving sentiment for global economic growth.

FX & BONDS
USD/MYR : 4.4623
EUR/MYR : 4.7522
GBP/MYR : 5.5758
AUD/MYR : 3.3392
HKD/MYR : 0.5753
SGD/MYR : 3.1316
USD/JPY : 112.41
Msia 10 yr Bond Yield : 4.448%
US 10 yr Bond Yield : 2.293%

29/11 BURSA TRADE STAT
Retail (13.8%) – net SELL RM20.57M
Institution (57.9%) – net BUY RM168.70M
Foreign (28.3%) – net SELL RM148.13M
Total traded value RM1.716B
By SARA H’NG/ALAN TAN

Sources: investing.com, cnbc.com, reuters.com, bloomberg.com, barrons.com, klsescreener.com, theedgemarkets.com & thestar.com

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Logic Trading Analysis Channel, [29.11.16 21:26]
BURSA MALAYSIA MARKET IDEAS WEDNESDAY (30/11/2016):

FBMKLCI THE END OF GLOOMY NOVEMBER

Dear All,

The FBMKLCI closed lower at -1.73 point or -0.11% to close at 1626.93.

FBMKLCI sideways at bottom have some support again until the end of November, will it start moving up in December or go worst then it will depends on whether 1611 support will be broken or not.

DJIA is still trading at new high area, if no big crashing down, then market remain safe and sound. Unless coming to December, further respond from Interest rate hike by Fed, if market respond badly crashing down below 18750, then whole world will be once again being hit.

Very soon market will come back !

Welcome to our live channel :
https://telegram.me/ltachannel !

Life is like a chess game, you learn every wrong move that make you lost this Wednesday !

“Goreng Tetap Goreng” !

Yours Sincerely,
Logic Trading Analysis

Views – 91

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M+ Online Morning Buzz – 29Nov16

Dow Jones: 19,097.90 pts (-54.24pts, -0.28%)
U.S. stockmarkets retreated from their all-time high levels as the Dow snapped a streak of four consecutive winning days after banking shares slipped.

FBM KLCI: 1,628.66 pts (+1.40pts, +0.09%)
The FBM KLCI extended its gains yesterday owing to the buying support in selective index heavyweights. The immediate resistance level is located around the 1,630 level.

Crude Palm Oil: RM3,077 (+RM45, +1.48%)
Crude palm oil prices rose to four-years high, lifted by the weakness in Ringgit Malaysia against the Greenback. The RM3,100 level will serve as the next resistance level.

WTI Crude Oil: $47.08 (+$0.66, +1.43%)
Crude oil prices staged a sharp recovery after Iraq has agreed to join other OPEC members in relation to a potential supply cut deal. Crude oil prices might trend between the US$43-US$50 levels.

Gold: $1,194.00 (+$10.44, +0.88%)
Gold prices closed higher on renewed volatility in the equities market. The US$1,200 level will serve as the next resistance level.

Economic Releases:
JP – Japan’s Unemployment Rate – 29Nov16, 7.30AM
EU – Eurozone’s Business Confidence – 29Nov16, 6.00PM
Bursa Malaysia Trade Statistics – 28Nov16
Institutions: Net BUY 47.9 mln (59.4%)
Retail: Net SELL 3.2 mln (17.2%)
Foreign: Net SELL 44.7 mln (23.4%)

Potential Momentum Stocks – 29Nov16
Stock Name: WILLOW (0008)
Entry: Buy above RM0.77
Target: RM0.81 (5.2%), RM0.855 (11.0%)
Stop: RM0.74 (-3.9%)
Shariah: Yes
Technical: Sideways consolidation breakout

Stock Name: UNIMECH (7091)
Entry: Buy above RM1.130
Target: RM1.23 (8.8%), RM1.34 (18.6%)
Stop: RM1.07 (-5.3%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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Uob Kay Hian Daily Top Pick,

Mieco, 5001
Close, 1.23
Buy TP, 1.33, 1.47
Support, 1.12
SL, 1.11

Time Frame, 2 Weeks to 2 Months

Mfcb, 3069
Close, 2.36
Buy, TP, 0 2.54, 2.61
Support, 2.17
SL, 2.16
Time frame 2 weeks to 2 months

Jtiasa, 4383
Close, 1.43
Breakout, 1.47
Buy TP, 1.60, 1.68
Support, 1.30
SL, 1.29
Time frame, 2 weeks to 2 months

Thanks

++++++++++++++

BursaKakis Channel :
BKs Technical Ideas 29/11/2016

1) Arank
2) Accsoft

Kindly refer to charts posted in BKs Channel.

Our Telegram Link: telegram.me/bursakakis

Our Facebook Link : https://www.facebook.com/groups/192414771167397/

DISCLAIMER: The comments here are for sharing and learning purposes and do not represent a recommendation to buy or sell. Kindly consult your remisiers or dealers before you take any action. Thank you.

Karex, Barakah, Manulife, Tan Chong Motors, UMWOG, TH Plantations, AWC, Scomi Group, MCT, Multi-Usage and TRC Synergy | The Edge Markets

http://www.theedgemarkets.com/en/article/karex-barakah-manulife-tan-chong-motors-umwog-th-plantations-awc-scomi-group-mct-multi-usage

+++++++++++++++

TradetheHotstocks:
Market News Roundup

1⃣ TRC said it has received a notice of termination from MMC Gamuda KVMRT SB for works related to the new Sg Buloh-Serdang-Putrajaya MRT Line 2.

Financial Result Highlight

KAREX expects revenue contribution from the Europe market to double in FY17, thanks to its newly-acquired UK subsidiary, Pasante Healthcare Ltd.

BARAKAH registered a net profit of RM1.97m compared with a net loss of RM15.44m a year ago, as a result of the cost reduction exercise that was implemented since the beginning of FY16.

MANULIFE’s net profit fell by 20.8% to RM12.64m in 3QFY16, result from a low interest environment, worsening claims experience, high medical costs and channel distribution expansion costs.

TCHONG posted a 3rd quarterly net loss of RM4.5m in 3QFY16 compared with a net profit of RM29.18m a year ago, mainly impacted by forex rates and the weaker ringgit.

THPLANT’s 3Q net profit jumped 210% to RM19.18m from RM6.19m a year earlier, on higher average prices for oil palm fresh fruit bunch, palm kernel and crude palm oil.

AWC’s net profit increased >4x to RM5.44m (2.1 sen/share) in 1QFY17 due to higher revenue contributions.

Sources: theedgemarkets.com ; thestar.com

29th November, 2016 Overnight Markets Roundup

US MARKET
DJIA : 19,097.90 (-54.24)
S&P500 : 2,201.72 (-11.63)
NASDAQ : 5,368.81 (-30.11)
VIX : 13.15 (+0.81)
US stocks declined for their worst performance in nearly a month, weighed down by a pullback in the financial and consumer discretionary sectors as some investors booked profits on the heels of a record-setting week.

EUROPE/UK MARKET
FTSE : 6,799.47 (-41.28)
DAX : 10,582.67 (-116.60)
CAC 40 : 4,510.39 (-39.88)
European shares fell, weighed down by a drop in banks which were led lower by Italian lenders on continued worries over a cash call at troubled lender Monte dei Paschi.

CHINA/HK MARKET
SHANGHAI : 3,277.10 (+15.16)
HSI : 22,830.57 (+107.12)
China’s blue-chip Index rose, with upbeat industrial profit data strengthening belief that the Chinese economy has bottomed out, making risk assets such as equities more attractive than bonds.

JAPAN MARKET
Nikkei : 18,356.89 (-24.33)
Japanese shares erased early losses as domestic investors scooped up financials and defensive shares, helping the broader Topix index to log a rise for a 12th consecutive day.

M’SIA MARKET
KLCI : 1,628.66 (+1.40)
Fund buying of Maxis, Genting Msia & Sime shored up the KLCI slightly but the broader market was cautious due to the weak ringgit.
⬆225⬇594↔318

OIL
WTI : 46.91
Brent : 48.99
Oil prices pared gains after a source said OPEC experts ended their meeting on Monday without agreeing on concrete details of a planned reduction in oil output by individual countries.

GOLD
GOLD : 1,193.00
Gold prices rose more than 1%, as the dollar and long-dated US Treasury bond yields retreated from recent highs.

FX & BONDS
USD/MYR : 4.4615
EUR/MYR : 4.7352
GBP/MYR : 5.5392
AUD/MYR : 3.3380
HKD/MYR : 0.5752
SGD/MYR : 3.1329
USD/JPY : 111.93
Msia 10 yr Bond Yield : 4.346%
US 10 yr Bond Yield : 2.312%

28/11 BURSA TRADE STAT
Retail (17.2%) – net SELL RM3.17M
Institution (59.4%) – net BUY RM47.91M
Foreign (23.4%) – net SELL RM44.74M
Total traded value RM1.435B
By SARA H’NG/ ALAN TAN

Sources: investing.com, cnbc.com, reuters.com, bloomberg.com, barrons.com, klsescreener.com, theedgemarkets.com & thestar.com

+++++++++++

The Bursa Analyst Channel:
Stocks to monitor 29/11/2016:

TDM (result play)
GUNUNG (rumour play)
ECONBHD (rumour play)

All the best.

±++++++++++++

Logic Trading Analysis Channel:
BURSA MALAYSIA MARKET IDEAS TUESDAY (29/11/2016):

FBMKLCI REMAIN SUPPORT WITH LOW GEAR

Dear All,

The FBMKLCI closed higher at +1.4 point or +0.09% to close at 1628.66.

FBMKLCI sideways at bottom have some support again with very low gear, not much high speed trading happen yet, mean we still need to wait if want to play short term.

DJIA break new high last week, any correction is healthy at the moment, as long as not a big crashing down movement.

We remain stay and watch until market turn strong.

Welcome to our live channel :
https://telegram.me/ltachannel !

A Journey of a Millions Miles must begin with a Single Click this Tuesday! !

“Goreng Tetap Goreng” !

Yours Sincerely,
Logic Trading Analysis

Views – 86

+++++++++++++++++

 

BursaKakis Channel :
M+ Online Morning Buzz – 25Nov16

Dow Jones: 19,083.18 pts (+59.31pts, +0.31%)
U.S. stockmarkets was closed for Thanksgiving public holiday. The Dow ended at its all-time high 19,083.18 level on its previous session.

FBM KLCI: 1,624.21 pts (-6.17pts, -0.38%)
The FBM KLCI halted a three straight session of gains as profit taking activities emerged in selective index heavyweights whilst foreign funds continue to trim their holdings. The immediate support level is located around the 1,610 level.

Crude Palm Oil: RM3,004 (+RM50, +1.69%)
Tracking the sharp gains in soybean oil prices, crude palm oil prices rallied but pared most of its intraday gains, before closing above the RM3,000 psychological level. The RM3,100 level will serve as the next resistance level.

WTI Crude Oil: $47.96 (-$0.05, -0.10%)
Crude oil prices trended sideways as investors anticipate for the OPEC meeting for a potential output cut next week. Crude oil prices might head towards the US$50 level.

Gold: $1,181.67 (-$2.83, -0.24%)
Gold prices retreated after the US Dollar continues to strengthen against a basket of currencies. The US$1,150 level will serve as the next support level.

Economic Releases:
MY – Malaysia’s October Inflation Rate – 25Nov16, 12.00PM

Bursa Malaysia Trade Statistics – 24Nov16
Institutions: Net BUY 161.9 mln (62.4%)
Retail: Net BUY 6.8 mln (17.6%)
Foreign: Net SELL 168.7 mln (20.0%)

Potential Momentum Stocks – 25Nov16
Stock Name: CYPARK (5184)
Entry: Buy above RM2.25
Target: RM2.54 (12.9%), RM2.73 (21.3%)
Stop: RM2.09 (-7.1%)
Shariah: Yes
Technical: Monitor for breakout

Stock Name: KAREX (5247)
Entry: Buy above RM2.64
Target: RM2.74 (3.8%), RM2.90 (9.8%)
Stop: RM2.53 (-4.2%)
Shariah: No
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

Uob Kay Hian Daily Top Pick, 25 Nov 2016

Mieco, 5001
Close, 1.23
Buy TP, 1.33, 1.47
Support, 1.12
SL, 1.11

Time Frame, 2 Weeks to 2 Months

Mfcb, 3069
Close, 2.36
Buy, TP, 0 2.54, 2.61
Support, 2.17
SL, 2.16
Time frame 2 weeks to 2 months

Jtiasa, 4383
Close, 1.43
Breakout, 1.47
Buy TP, 1.60, 1.68
Support, 1.30
SL, 1.29
Time frame, 2 weeks to 2 months

Thanks

Note : The Offeror has recd more than 90 % of voting shares of Huat Lai on 23/11/2016 & shall suspend trading of the Huat Lai Shares upon the expiry of five (5) market days from 7 December 2016, being the closing date of the Offer .

Innoprise or Cepat ?

1) Inno Q eps 2.88 cts, forward pe 10 = RM1.15

2) Cepat Q eps 3.37 cts, forward pe 10 = RM1.35

Our Link: telegram.me/bursakakis

+++++++++++++++++

TradetheHotstocks:
Market News Roundup

1⃣ AIRASIA said bids are coming in for its leasing arm Asia Aviation Capital Ltd, worth some US$1b, with eventual sale of the unit to take place in early 2017.

Financial Result Highlight

GENTING saw its net profit rise 60% y-o-y to RM577.21m (15.5 sen/share) in 3QFY16, mainly due to lower net fair value loss on derivative financial instruments and lower impairment losses.

MAGNUM ‘s net profit rose 44.9% to RM55.02m (3.87 sen/share) in 3QFY16, as prizes payout for its gaming segment was lower in the current quarter.

AEON’s net profit fell sharply by 81.95% to RM5.42m (0.39 sen/share) in 3QFY16, on higher operating costs, new store and malls expense and higher interest expense.

IHH’s net profit for 3QFY16 increased by 46.3% to RM173.3m. This was after forex losses on Acibadem Holdings non-Turkish Lira borrowings narrowed significantly over the year.

KNM’s net profit slipped 52.69% to RM1.12m (0.05 sen/share) in 3QFY16, due to loss incurred in its Americas segment.

JAKS said its net profit jumped 134% to RM13.86m (3.16 sen/share) for 3QFY16. The group said its construction division was the main driver of profit growth for the quarter.

MAYBANK said it had cut its loan growth projection for the current FY, after posting net profit for the quarter was RM1.795b, 5.4% lower.

AXIATA reported a 71% fall in 3Q net profit at RM256.56m, on higher operating cost. Weaker financials from its Malaysia and Indonesia units also contributed to the group’s lower net profit.

Sources: theedgemarkets.com ; thestar.com

25th November, 2016 Markets Roundup
US MARKET
Closed

EUROPE/UK MARKET
FTSE : 6,829.20 (+11.49)
DAX : 10,689.26 (+26.82)
CAC 40 : 4,542.56 (+13.35)
European shares edged up, remaining within a recent range, as a boost from healthcare stocks was partly offset by weak telecoms and utilities.

CHINA/HK MARKET
SHANGHAI : 3,241.49 (+0.35)
HSI : 22,608.49 (-68.20)
China’s blue-chip index rose as investors chased cyclical stocks, but the broader market struggled for traction with growth stocks under persistent selling pressure.

JAPAN MARKET
Nikkei : 18,333.41 (+170.47)
Nikkei share average rose helped by hopes for better exporters’ earnings as the dollar jumped against the yen.

M’SIA MARKET
KLCI : 1,624.21 (-6.17)
Blue chips closed lower as Axiata came under selling pressure after its results while the RM slumped to a Sept2015 low against the strong USDF.

OIL
WTI : 47.98
Brent : 48.88
Oil prices were little changed as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity during the US Thanksgiving holiday kept traders from making big new bets.

GOLD
GOLD : 1,183.50
Gold steadied as the dollar retreated slightly from an almost 14-year high hit on positive US economic data.

FX & BONDS
USD/MYR : 4.4425
EUR/MYR : 4.6882
GBP/MYR : 5.5324
AUD/MYR : 3.2918
HKD/MYR : 0.5727
SGD/MYR : 3.1016
USD/JPY : 113.35
Msia 10 yr Bond Yield : 4.331%
US 10 yr Bond Yield : 2.355%

24/11 BURSA TRADE STAT
Retail (17.6%) – net BUY RM6.9M
Institution (62.5%) – net BUY RM161.9M
Foreign (19.9%) – net SELL RM168.8M
Total traded value RM1.269B

By SARA H’NG/ALAN TAN

Sources: investing.com, cnbc.com, reuters.com, bloomberg.com, barrons.com, klsescreener.com, theedgemarkets.com & thestar.com

++++++++++++++++++

BursaKakis Channel :
BKs Technical Ideas 25/11/2016

1) Cepat (Live call @ 0.88 on 24/11/16)
2) Thplant

Kindly refer to charts posted in BKs Channel.

Our Telegram Link: telegram.me/bursakakis

Our Facebook Link : https://www.facebook.com/groups/192414771167397/

DISCLAIMER: The comments here are for sharing and learning purposes and do not represent a recommendation to buy or sell. Kindly consult your remisiers or dealers before you take any action. Thank you.

Good Quarter Results 24/11/2016

1) AirAsia
2) Tguan
3) Jhm
4) Prestar
5) Kesm

BKs

++++++++++

TradetheHotstocks:
Majlis Penasihat Syariah (MPS) Suruhanjaya Sekuriti Malaysia (SC) telah meluluskan senarai kemaskini sekuriti yang diklasifikasikan sebagai sekuriti patuh Syariah yang tersenarai di Bursa Malaysia, berkuat kuasa mulai 25 November 2016.

34 saham-saham baru yang patuh syariah.

1. Advance Synergy Bhd
2. Amcorp Properties Bhd
3. Analabs Resources Bhd
4. AYS Ventures Bhd
5. BCM Alliance Bhd
6. Brite-Tech Bhd
7. BTM Resources Bhd
8. Dancomech Holdings Bhd
9. Eastland Equity Bhd
10. Eversendai Corporation Bhd
11. Ewein Bhd
12. Goodway Integrated Industries Bhd
13. HeiTech Padu Bhd
14. IRIS Corporation Bhd
15. Jiankun International Bhd
16. Karambunai Corp Bhd
17. LCTH Corporation Bhd
18. Leader Steel Holdings Bhd
19. Lien Hoe Corporation Bhd
20. Magna Prima Bhd
21. Meda Inc. Bhd
22. Mega Sun City Holdings
23. Mexter Technology Bhd
24. ML Global Bhd
25. mTouche Technology Bhd
26. MWE Holdings Bhd
27. P.I.E. Industrial Bhd
28. Pensonic Holdings Bhd
29. Perak Transit Bhd
30. Petron Malaysia Refining & Marketing Bhd
31. Reliance Pacific Bhd
32. Tadmax Resources Bhd
33. WCE Holdings Bhd
34. Willowglen Bhd

±++++++++++++

Logic Trading Analysis Channel:
BURSA MALAYSIA MARKET IDEAS (2511/2016):

FBMKLCI STRONG COMPANY STILL EXIST IN BURSA

Dear All,

The FBMKLCI closed lower at -6.17 point or -0.38% to close at 1624.21.

FBMKLCI sideways at bottom have some support but overall stock remain very weak and lack of buying demand. At least yesterday some company posting good result.

DJIA remain superbull, we hope to see it continue next month if FED increase interest rate. As long as DJIA strong, sooner or later our stock market will be recovering.

Be proud for some of our Malaysia Brand like AIRASIA, GENTING, there are doing very well, and potentially in ten years to come become super star in BURSA.

I hope to see AIRASIA back to RM 3.00 as soon as possible.

Hopefully coming few day will see more company posting better result.

Trade carefully !

Welcome to our live channel :
https://telegram.me/ltachannel !

Spend life with who makes you Happy not who you have to Impress this Friday ! !

“Goreng Tetap Goreng” !

Yours Sincerely,
Logic Trading Analysis

Views – 117

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2016nov-ghlsys-800x600

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Views – 82