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



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


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



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

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.

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.

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.

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.

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

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 : 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.

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%

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

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


Logic Trading Analysis Channel, [29.11.16 21:26]


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 – 197

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Post Navigation