9:37 am – KLCI is “kicking higher” !
Look for pullback any time by KLCI
FBM KLCI Special Weekly Update : 30/8/2010
By C.C Hong
FKLI & FCPO market analyst/trader
Two Uncanny Toppish Patterns Are Developing : Expanding Triangle and Head & Shoulder Top
If one were observant enough one would notice that an Expanding Triangle has been unfolding in the Malaysian market since Sept’2009, while a Head and Shoulder Top has been developing in the DJIA since Nov’2009. What does it mean to the traders? Read the rest of this entry →
TradeGuider v4.0 Demo in our office this Friday – 3 Sept 2010
Dear Traders,
On Friday 3 September at 10 AM in my office at Phillip , we are having a TG demo of version 4.
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3:03 pm – TradeGuider Chart of the Day – Jerneh
Looking here at a weekly basis, notice the TG VSA indicator.
12:17 am – Remember what I said when Sime attempt to test 200MA @ RM8.41
In the our discussion at my office on Wed, remember to pay attention on the 200 MA – “THE GWC”.
Now take a look at TG chart for Sime from last Fri. Wow ! Look
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What’s on the table with CIMB Research – 1 Sep 2010
What’s on the table
Results – Maxis 2QFY10 below – Weighed down by World Cup
Maxis’s annualised 1H10 core net profit was 10% below our forecast and 11% below market because of weaker-than-expected revenue and margins. Compared with our results preview, Maxis’s margins disappointed. Even when excluding World Cup-related which costs clipped 2% pts off EBITDA margin, its annualised 2Q core net profit was 7% short of our FY10 estimates. As expected, Maxis declared an 8 sen DPS but would not commit on a 50 sen DPS for FY10. Given the poor results and lower management guidance, we are cutting our
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