Malaysian Turtle
Straight talk, kopitiam talk, talk talk???
by admin on Sep.02, 2010, under Malaysian Turtle
Let me be straight, ah — it’s a dangerous opening line actually. You know that I am going to talk about something is not so straight forward. It’s mind boggling now because we are at a very uncertain cross road — the bull and bear are arguing ferociously. Let’s start with the bear first. The bear said that we are going to get into double dip recession.The bear also said that this market is domin……
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Turtle Portfolio - Sept 2010
by admin on Aug.31, 2010, under Malaysian Turtle
(Click on images to see details) Sold 1,000 shares of SapuraCrest yeterday. Received $ 888 for the month of September, just a routine saving.Return on capital since inception = 17.77%.$ 7,300 ++ available cash, will be handy if opportunities show up during next market correction.The market is at the very interesting twist. More comments will come later. ——————————————–……
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Being feared of missing next rally or avoiding the train wreck?
by admin on Aug.29, 2010, under Malaysian Turtle
The market breath has been negative even though the FBMKLCI breaking many new highs. There are only two out of last ten trading days managed to have more rises than falls.If you look at the FBM Small Cap Index - one of my indicators to measure the risk appetite - appeared to have rolled over. From valuation stand point, it does not appears that we are at the peak of the cycle. We are slightly abov……
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My one laggard pick - UMW(RM 6.41)
by admin on Aug.22, 2010, under Malaysian Turtle
This is a pure trading pick. So, pandai pandailah take care when things wobble especially external environments have been volatile. MELBOURNE (Reuters) - Australia’s two major parties wooed independent lawmakers on Sunday after an inconclusive election left the nation facing its first hung parliament since 1940 and set financial markets up for a sharp sell-off.The Australian dollar and shares are ……
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Ajinomoto - Eat Well, Live Well
by admin on Aug.21, 2010, under Malaysian Turtle
The first thing that you need to note is the 3A effects that generated some spillover effects on food operators. 3A is currently undergo some kind of corrections so it may not be one of those best timing to rush into buying yet despite of I think Ajinomoto is a company that we can buy and keep it forever.Ajinomoto needs very little introduction. The core of their business is making food enhancer A……
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Are stocks still a good investment?
by admin on Aug.20, 2010, under Malaysian Turtle
(Money CNN) Should investors expect superior gains from stocks in the future? Or has something changed that suggests equities won’t be as dominant?Stocks are going to outperform bonds long-term. That’s almost assured. Yes, we’ve had a decade where the stock market underperformed, actually had negative returns, but that was very unusual. You have to go back to the 1930s before you had another negat……
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Commentary, please?
by admin on Aug.19, 2010, under Malaysian Turtle
Guys, Gals,After keeping silent for a few days, some must be guessing whether I have gone more bullish or bearish. I have spent considerable time on my blog decoding the market sentiments. I am not going to misquote Buffett here. Buffett said two things they should teach in business school(i) how to value a business(ii) how to think about the securities and marketsThe first part is easy. With a li……
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Trying time for the rubber glove industry
by admin on Aug.13, 2010, under Malaysian Turtle
(The Star) CAN it be that the stock market’s love affair with rubber glove manufacturers is on the rocks amid signs that there will be no repeat of the industry boom like last year?In addition to the slower demand growth in the rubber glove industry, analysts expect additional headwinds in the form of the weak US dollar and higher latex costs.The share prices of the major glove makers has droppe……
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Buying opportunity coming?
by admin on Aug.12, 2010, under Malaysian Turtle
Traders will think breaking down below 1,350 will trigger selling to manage their risk. Let’s see how strong this level can hold and how heavy is the selling volume.Do you remember my last Saturday posting regarding Japanese Yen flashing yellow light and I said coming 5-10 trading days will make things clearer. The picture indeed becoming clearer…….
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Reflection on hot issue: Malaysia housing bubble?….Part II
by admin on Aug.10, 2010, under Malaysian Turtle
Detecting bubble is always difficult because it will always backed by compelling fundamental justifications/reasons. These arguments are very convincing, for most of the time. Are Malaysian property market in bubble stage? There are several indicators that could tell us that valuation is too high but difficult to tell whether we are in a bubble.One of the very common indicators is price-to-income ……
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