KL Market

UPDATE: AS USUAL, WE MALAYSIANS WILL LEAVE EVERYTHING TILL THE LAST MINUTE. AS OF TODAY (24 FEB) WE HAVE SOLD 52% OF AVAILABLE SEATS (23 FEB / 44%). FINAL 4 DAYS FOR $160 TICKETS, THEN ITS $180 NEXT WEEK.Author of Malaysia Finance Blog What a ‘fine time’ to do a talk, with the markets tanking just before it greets the Year of The Tiger. Absolutely one talk session only this time…….
Go to Malaysia Finance

LCL reported its earnings. It wasn’t pretty!Flashback:In the posting, More Comments On LCL, I highlighted LCL’s receivables. Trade receivables - 221.436 millionAmount due from customers for contract works - 154.107 millionAmount due from related companies - 41.641 million Assuming and having faith that all these receivables are in order, I would be concerned which of these figures are from its wor……
Go to Where is Ze Moola?

We usually will laud the bullish experts who got things right. Many will despise the naysayers, the bearish buggers who seem to be always pessimistic. However, some of them have been prescient in their big calls, and deserve to be applauded. You will find them being tagged as the Dr. Dooms, and every decade seems to have a major one. As a Dr. Doom, they will shout loudest when they feel strongly a……
Go to Malaysia Finance

So commented Richard Russell, editor of Dow Theory Letters, after the close of Monday’s trading, in which the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 10,383, -18.97, -0.18%) finished a lackluster session with just an 18-point loss. The prior trading session — last Friday’s — was even less exciting, if that’s possible: The Dow gained just 9 points that day, prompting……
Go to Malaysian Turtle

Readers may remember me having said that I think the Malaysian market should outperform the rest of the Asian markets in 2010. I still stand by it. I also said that the FBM KLCI has the potential to touch 1,500 this year as a high. Now, that has been clouded somewhat. For the benefit of those who will be attending the upcoming talk on 6 March, I will be discussing two critical macro developments ……
Go to Malaysia Finance

Totally shocking, really!I just cannot believe what I am reading here. OILCORP Bhd said it would not be able to publish its unaudited fourth quarter results on time, which is due by February 25, because of a shortage of staff.Its request for more time was rejected by Bursa Malaysia and its shares will be suspended from trading on March 8.It will only be able to release its quarterly results after ……
Go to Where is Ze Moola?

Malaysia’s stock market, the Kuala Lumpur Composite Index (KLCI), rallied in 2009 as the global economic recovery, the revival of risk appetite and the government’s stock market liberalization attracted foreign investment. Nevertheless, compared to other equity markets in Asia, the KLCI’s performance was less stellar, given prospects of weak economic recovery in Malaysia, political instabil……
Go to Malaysia Finance

Blogged previously:Review of Swee Joo’s EarningsFeatured Report: KN on Swee Joo ** A Quick Look At Swee Joo’s Earnings iCapital And Swee Joo Update On Swee Joo’s Earnings Shipper Swee Joo Announces LossesSwee Joo announced its earnings. Again it was not pretty at all!……
Go to Where is Ze Moola?

(Excerpts culled from AllFacebook.com , techcrunch.com , gigaom.com ) Facebook has bought up under-the-radar Octazen Solutions in what the company says is a “small talent acquisition.” Facebook spokesperson Larry Yu described the buy as a “talent acquisition,” saying Octazen’s two employees have joined Facebook as engineers. As he put it in a company statement on the acquisiti……
Go to Malaysia Finance

If this stock hit RM 10, this would be my ten bagger stock call. Since the company is focussing on organic growth, to generate winning streaks earning growth will not be on a smooth path. One also needs to be mindful that rubber price has been on the uptrend, soon cyclical costs like energy cost and macro trend like Ringgit strength and etc will come into play. I’m, however, still deeply satisfied……
Go to Malaysian Turtle