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


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


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

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.

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.

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

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.

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

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%

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


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



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:


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

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