BURSA MALAYSIA TRADE STATISTICS 31 July 2012

BURSA MALAYSIA TRADE STATISTICS
31 July 2012 (Source Bursa Malaysia)
                           Participation    Bought         Sold              Net
                            (%)                 (RMm)      (RMm)       (RMm)
Local Institutions   45.0               766.6        914.0         -147.4
Local Retail           23.5               444.7        434.1           10.6
Foreign                 31.5                657.5        520.7         136.8
                           100.0             1868.8       1868.8            0.0

Wednesday, 1 Aug 2012 BRDB – Stock Pick

Wednesday, 1 Aug 2012 BRDB – Stock Pick



BRDB ( 1473 : 2.72 ) : Take profit

Description

Resistance : 2.76

Support : 2.70

RSI of 78
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 31/7/2012 buy call, we are recommending to take profit

Trading Strategy
Take profit

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

Wednesday, 1 Aug 2012 JOHOTIN – Stock Pick

Wednesday, 1 Aug 2012 JOHOTIN – Stock Pick



JOHOTIN ( 7167 :1.62 ) : Targeting 1.84/Stop loss 1.50

Description

Resistance : 1.84

Support : 1.50

RSI of 69
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
The current upmove is targeting 1.84

Trading Strategy
Buy. Stop loss is at 1.50

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

Wednesday, 1 Aug 2012 LANDMRK – Stock Pick

Wednesday, 1 Aug 2012 LANDMRK – Stock Pick



LANDMRK ( 1643 : 1.00 ) : Buy below 0.99

Description

Resistance : 1.10 1.13

Support : 0.98

RSI of 72
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
The current uptrend is targeting 1.10

Trading Strategy
Buy below 0.99. Stop loss is at 0.96

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

Wednesday, 1 Aug 2012 MYEG – Stock Pick

Wednesday, 1 Aug 2012 MYEG – Stock Pick



MYEG ( 0138 : 0.68 ) : Targeting 0.80/Stop loss 0.65

Description

Resistance : 0.74 0.80

Support : 0.65

RSI of 73
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
The current uptrend is targeting 0.80

Trading Strategy
Buy. Stop loss is at 0.65

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

站穩1630‧礦物最佳工商墊底‧綜指7月揚32.45點

 

 2012-07-31 

• 

歐元區債務危機出現正面進展、美國可能再推寬鬆措施，以及大馬全國大選尚需時日，令市場投資情緒稍為轉佳，帶動大馬股市在今年7月份反彈，富時大馬綜指漲升2.03%，至1631.60點。

反映整體馬股走勢的富時全股項指數則漲升257.59點或是2.36%至11175.23點。

礦物股在7月份表現最佳，使礦物指數起9.77%至387.05點。種植指數起312.41點，至8796.47點，為全場表現第二佳指數。而產業指數在產業價格走高撐托下奪得第三名，起37.07點或3.63%至1057.97點。

相對下，工商指數表現最差，在7月份僅起12點或是0.42%至2859.47點。而貿易服務指數僅起1.21點或0.60%至202.41點，為全場表現第二差指數。而第三差指數為建筑指數，整個月僅微起0.67%至240.58點。

主要指數揚升

分析員表示，整體而言，馬股各主要指數在7月份皆揚升，主要是國內外市場開始浮現一些利好消息與發展，加上沒有重大利空打擊所致。

他指出，在國內市場方面，隨著全國大選沒有到來，市場相信大選時機還會拖延數個月，令短期股市暫時不必顧慮大選不明朗因素，投資者進場趁低扯購低價優質股，特別是金融股，推動馬股走高。

反觀外圍因素，則是歐元區債務危機的最壞時期已過，市場也較能適應壞消息，加上預期美國很有可能進一步採取量化寬松政策措施，激勵全球股市交投情緒。分析員表示，尤其是馬股最近的數個交易日回揚，主要是受預期美國可能採取寬機政策期許的激勵。

8月馬股淡靜橫擺

繼馬股7月份出現反彈走高，進入8月份齋戒月及開齋佳節長假，以及預見缺乏新利好催化因素推動，整體馬股短期內將落入淡靜及橫擺格局。分析員認為，短期馬股投資主題應轉向趁低扯購落後大市股項。

應轉向購落後大市股

基金經理張子敏認為，在穆斯林進行齋戒及開齋佳節長假前，預料短期馬股交投淡靜，全國大選仍是最大不明朗因素。惟8月杪前財報季節，預料次季盈利表現比首季好，應是支撐馬股利好。

他指出，在宣佈大選前預料尚有一些微揚空間，惟料在國會解散後，馬股將因投資者退場觀望而難有太大作為，越靠近全國大選，暫時避開政治股，以策安全，一切等大選後才作定奪。

張子敏指出，短期尚可趁低吸購累積好股，不過，整體股市走勢會較為動盪要隨機應變。歐美市場較為平穩，特別是美國疲弱經濟數據將可能推行第三次的量化寬松措施（QE3），短期里對全球股市有利走高。

分析員指出，進入8月，預料短期馬股將落入狹窄波動游走的格局。而最好的投資策略，從之前採取的抗跌股轉向落後大市股項。

隨著國內外市場因素較為改善，馬股下跌風險也下降，綜指短期內將在1600點至1660點之間游走的可能性最高。

大選成不明朗因素

馬股唯一不明朗因素為第十三屆全國大選，由於大選可能遲至今年第四季或明年初舉行，離目前尚有一些時日，使馬股短期尚有進一步揚升至1660點的機會。

他指出，外圍因素方面，預料美國很有可能在9月推出第三次的量化寬鬆措施，不過，涉及款項數額料不會比首兩次來得多。而歐元區債務危機的最壞情況已成過去，惟尚有執行風險，在經濟情況复元過程仍然動盪，前路仍不會平坦。

資深分析員指出，目前馬股已偏高，估值不便宜，特別是與香港等市場比較。相信目前由國內大型投資機構支撐。他認為，在預見全球股市包括馬股在內的走勢波動不靖，他還是建議投資者手持現金最為妥當。

c

Sam Ro

 Jul. 31, 2012

NBC Olympics

It's day 2 of a crucial week of economic data.

First the scoreboard:

Dow: 13,008, -64.3, -0.4%

S&P 500: 1,379, -5.9, -0.4%

NASDAQ: 2,939, -6.3, -0.2%

And now the top stories:

• According to the latest Case-Shiller index data, home prices climbed 0.91 percent in May. This exceeded the 0.5 percent increase that economists were looking for.  "We have observed two consecutive months of increasing home prices and overall improvements in monthly and annual returns; however, we need to remember that spring and early summer are seasonally strong buying months," wrote S&P's David Blitzer.  Nevertheless, prices were only down 0.66 percent year-over-year, and they could soon start showing year-over-year gains.

• The June income and spending numbers were essentially inline with expectations.  Personal income climbed 0.5 percent while spending was flat at 0 percent.  Economists were looking for gains of 0.4 percent and 0.1 percent, respectively.

• The Chicago purchasing manager's index (PMI) unexpectedly climbed to 53.7 from 52.9 last month.  This was better than the 52.5 economists were looking for.  Hopefully, this is a good sign for the slew of global PMI numbers we will be getting from the major countries around the world.

• One of the major conversations today came from PIMCO bond king Bill Gross, whose latest letter bashed stocks.  His major argument was that it did not seem economically sound that stocks could generate over 6 percent in real returns in the long-term, while long-term GDP growth is closer to 3.5 percent. Gross specifically called out the work of legendary finance professor Jeremy Siegel, author of Stocks For The Long Run, one of the most important finance books ever written.

• Siegel wasn't having that.  "You definitely can have a return greater than GDP growth. There is nothing uneconomic about it," he said in a CNBC appearance today. "The thing is that capital gives out dividends, it gives out interest, it gives out return. When you add that all together, it's going to be greater than GDP growth. Even in a non-growing economy, you have situations where return is greater than GDP growth."  It would appear that Gross has made some very basic errors in his argument. 

• Like we said earlier, tonight is a big night for economic data.  All of the major countries will be releasing their manufacturing PMI numbers, which will give us an intimate look at the health of the economies around the world.

10 Things You Need To Know Before The Opening Bell

Mamta Badkar

Ian Gavan/Getty Images

Good morning. Here's what you need to know.

• Asian markets were mostly higher in overnight trading but the Shanghai Composite ended down 0.30 percent falling to its lowest in over three-years. Europe is mixed and U.S. futures are modestly higher.

• Euro area unemployment was at a record 11.2 percent in June. The region's debt crisis and economic slowdown pushed companies to layoff workers.

• The Federal Open Market Committee begins its meeting today and all eyes are on whether the Fed will announce QE3. Consensus is that for the moment, the Fed will only extend low rates to 2015. 

• In earnings news, Pfizer reported adjusted earnings of $0.62 per share, beating expectations of $0.54. Meanwhile, UBS announced a 58 percent decline in second quarter  profits and the bank said Nasdaq's mishandling  of the Facebook IPO cost it $356 million. 

• The Reserve Bank of India maintained its key rate at 8 percent and cut its growth outlook for the year ending March to 6.5 percent, from 7.3 percent. The central bank has previously said that keeping inflation in check is a priority.

• Personal income and outlays for June will be out 8:30 a.m. ET, followed by S&P Case-Shiller for May at 9 a.m. ET. Consensus is for a 0.4 percent month-over-month increase in personal income and a 0.5 percent increase in the Case-Shiller 20-city home price index.

• BP reported a net loss of $1.39 billion in the second quarter, against a net profit of $5.72 billion a year ago. Profits declined after the company wrote down its U.S. assets.

• Some poor data out of Germany. The number of people out of work climbed by 7,000 to 2.89 million in July, with unemployment rising for the fourth consecutive month. Meanwhile retail sales unexpectedly declined for a third straight month. 

• Chicago PMI for July will be released at 9:45 am ET, followed by consumer confidence for July at 10 a.m. ET. Consensus is for the business barometer index to decline to 52.5, and for consumer confidence to decline to 61.5. 

• India's northern and eastern regions were impacted by power failure for a second straight day which left 600 million without electricity. Yesterday's power outage impacted 370 million people.

Half Of India Plunged Into Darkness

Joe Weisenthal

 Jul. 31, 2012

For the second day in a row, India has suffered a gigantic power outage.

This time it was bigger, as half the country has lost electricity.

Here's a video from IBN explaining

31 Jul 2012 Kuala Lumpur Closing Stock Prices

31 Jul 2012     Kuala Lumpur Closing Stock Prices

Close Prior Change % Change AMMB 6.42 6.44 -0.02 -0.31 BAT 59.74 59.74 unch unch C&C 3.03 3.02 +0.01 +0.33 Genting 9.47 9.26 +0.21 +2.27 GenM 3.37 3.34 +0.03 +0.90 IGB 2.74 2.73 +0.01 +0.37 L&G 0.46 0.45 +0.01 +2.22 MayBank 8.76 8.76 unch unch MAS 1.06 1.06 unch unch PetGas 18.50 19.30 -0.80 -4.15 PbBank 14.36 14.38 -0.02 -0.14 RHBCap 7.37 7.39 -0.02 -0.27 Sime 9.83 9.83 unch unch Telekom 5.65 5.65 unch unch Tenaga 6.75 6.79 -0.04 -0.59 TopGlove 5.38 5.39 -0.01 -0.19 UMW 9.47 9.46 +0.01 +0.11 YTL 1.86 1.87 -0.01 -0.53

31 Jul 2012 Kuala Lumpur Most Actives

31 Jul 2012         Kuala Lumpur Most Actives

Volume Close Change % Change Hubline 55,965,800 0.070 -0.005 -6.67 Luster 52,649,800 0.105 unch unch GBGAQRS 37,477,600 1.220 unch unch NICORP 35,478,400 0.285 -0.015 -5.00 IHH 34,952,900 3.200 +0.050 +1.59 Takaso 34,214,100 0.200 +0.015 +8.11 Harvest 22,542,100 0.470 -0.050 -9.62 Biosis 19,886,600 0.490 +0.010 +2.08 MKLand 18,652,900 0.415 +0.015 +3.75 Mtronic 18,232,000 0.100 unch unch Axiata 17,666,500 5.860 +0.010 +0.17 Cybert 17,187,600 0.330 unch unch SKPetro 15,283,000 2.450 +0.010 +0.41 BornOil 15,186,600 0.545 +0.035 +6.86 Maxis 14,830,700 6.410 +0.090 +1.42 YTL 13,643,400 1.860 -0.010 -0.53 THHeavy 12,929,200 0.460 -0.010 -2.13 AT 12,433,400 0.185 +0.015 +8.82 AMedia 12,240,200 0.630 -0.015 -2.33 CIMB 11,366,500 7.850 +0.010 +0.13 JCY 10,770,200 1.550 +0.060 +4.03 MRCB 10,372,900 1.810 +0.020 +1.12 Telekom 10,102,400 5.650 unch unch Daya 9,461,200 0.205 -0.005 -2.38 DiGi 9,076,200 4.440 +0.020 +0.45 FGV 8,520,400 5.150 unch unch MayBank 8,388,000 8.760 unch unch Sime 8,350,000 9.830 unch unch My E.G 7,928,000 0.695 +0.045 +6.92 GPRO 7,755,600 0.225 +0.015 +7.14 Ingens 7,436,500 0.120 unch unch GOcean 7,375,700 0.225 +0.020 +9.76 GenM 7,254,600 3.370 +0.030 +0.90 CenBond 7,105,700 1.170 +0.070 +6.36 Tenaga 6,699,600 6.750 -0.040 -0.59 Censof 6,124,900 0.455 unch unch Bright 6,058,300 1.160 -0.010 -0.85 Scan 5,962,000 0.135 unch unch Compugt 5,736,800 0.085 -0.005 -5.56 Focus 5,685,200 0.095 unch unch Media 5,018,400  2.400 unch unch BioOsmo 5,018,400 0.185 +0.010 +5.71 Latexx 4,900,700 1.760 +0.170 +10.69 AGlobal 4,872,200 0.075 +0.005 +7.14 Genting 4,828,100 9.470 +0.210 +2.27 IOI 4,750,200 5.340 unch unch Dialog 4,454,600 2.400 +0.020 +0.84 REDtone 4,398,300 0.360 unch unch PbBank 4,374,400 14.360 -0.020 -0.14 Perisai 4,365,500 0.895 +0.010 +1.13

BURSA MALAYSIA TRADE STATISTICS 30 July 2012

BURSA MALAYSIA TRADE STATISTICS
30 July 2012 (Source Bursa Malaysia)
                          Participation    Bought          Sold          Net
                          (%)                 (RMm)         (RMm)      (RMm)
Local Institutions 49.2               626.9            639.1       -12.2
Local Retail        26.6               328.6            354.3       -25.7
Foreign              24.2               329.6             291.7        37.9

Bandar Raya Developments May Rise On Potential Buyout

31 Jul 2012

Bandar Raya Developments (1473.KU) may rise towards MYR2.90 on news of a potential buyout offer from its substantial shareholder Ambang Sehati. The company said late Monday that Ambang Sehati is finalizing financing, including procuring the necessary approvals for the funding for a potential takeover offer of voting shares and warrants in BRDB not already owned by it.  The indicative price is MYR2.90 per voting share and MYR1.80 for each warrant, the company said in a statement to the Malaysian stock exchange.  "The indicative price of RM2.90 per voting share is based on the estimated diluted net tangible assets per share in BRDB," it said. Ambang Sehati holds about 92.1 million shares, equivalent to about 18.8% in BRDB, according to its 2011 annual report. The stock ended Monday up 0.8% at MYR2.53

Tuesday, 31 July 2012 BRDB – Stock Pick

Tuesday, 31 July 2012 BRDB – Stock Pick



BRDB ( 1473 : 2.53 ) : Targeting 2.74/Stop loss 2.48

Description

Resistance : 2.74

Support : 2.48

RSI of 71
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
The current uprun has an upside of 2.74

Trading Strategy
Buy. Stop loss is at 2.48

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

Tuesday, 31 July 2012 KIANJOO – Stock Pick

Tuesday, 31 July 2012 KIANJOO – Stock Pick



KIANJOO ( 3522 : 2.61 ) : Targeting 2.90/Stop loss 2.50

Description

Resistance : 2.90

Support : 2.50

RSI of 67
RSI is recovering

STOCHASTIC
It is on an upswing

Comment
The current uptrend is targeting 2.90

Trading Strategy
Buy. Stop loss is at 2.50

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

Tuesday, 31 July 2012 YTLLAND – Stock Pick

Tuesday, 31 July 2012 YTLLAND – Stock Pick



YTLLAND ( 2577 : 1.10 ) : Take profit

Description

Resistance : 1.16

Support : 1.06

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 24/5/2012 buy call at below 0.96, we are recommending to take profit as it has hit the 1.12 target

Trading Strategy
Take profit

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

Tuesday, 31 July 2012 OLDTOWN – Stock Pick

Tuesday, 31 July 2012 OLDTOWN – Stock Pick



YTLLAND ( 2577 : 1.10 ) : Take profit

Description

Resistance : 1.16

Support : 1.06

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 24/5/2012 buy call at below 0.96, we are recommending to take profit as it has hit the 1.12 target

Trading Strategy
Take profit

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

STOCKS GO NOWHERE: Here's What You Need To Know

Sam Ro

 Jul. 30, 2012

NBC Sports

It was a pretty uneventful day to kick off a very exciting week.

First the scoreboard:

Dow: 13,073, -2.6, -0.0%

S&P 500: 1,385, -0.6, -0.0%

NASDAQ: 2,945, -12.2, -0.4%

And now the top stories:

• This will be an extremely busy week for economic data. On Tuesday, we hear about U.S. personal income, consumer sentiment and housing prices. From Tuesday through Wednesday, we will get the purchasing managers index reports from all of the major economies around the world.  On Wednesday and Thursday, the Federal Reserve, the Bank of England, and the European Central Bank all publish their interest rate announcements.  And Friday, we get the big U.S. non-farm payrolls report. 

• But today was rather uneventful, and markets didn't really do much.

• The June Dallas Fed Manufacturing survey was a huge miss.  The index plummeted to -13.2 from 5.8 a month ago.  However, it's worth noting that employment growth continued in July.

• Warm weather sent natural gas prices surging today as consumers burn more energy to keep their homes cool.  Prices jumped over 5 percent.

• Heat also sent corn prices higher again.  As the midwest drought continues to devastate farms, traders are increasing their bets that crop yields will continue to fall.

• Markets have shown remarkable resilience in light of all of this uncertainty.  According to analysts surveyed by FactSet, in Q3 corporate profits will fall for the first time in 11 quarters.  Yet, according to the options market, investors aren't scared at all.

• Morgan Stanley's Adam Parker, one of the more bearish strategists on Wall Street, is struggling to explain why the S&P 500 hasn't moved closer toward his year-end target of 1,167.  "Where could we be wrong?" he asks rhetorically in a new note to clients.  One bullish catalyst to the markets would be corporate cash coming off of the sidelines, which could happen if Mitt Romney were elected president, writes Parker.

10 Things You Need To Know Before The Opening Bell

Mamta Badkar

Jul. 30, 2012

Jason Merritt/Getty Images

Good morning. Here's what you need to know.

• Asian markets were mostly higher in overnight trading but the Shanghai Composite fell 0.89 percent to its lowest level since March 2009. Europe is still rallying after comments from ECB head Mario Draghi last week and U.S. futures are flat.

• Italian borrowing costs fell at an auction of five-year and 10-year debt on expectations that the European Central Bank would buy bonds. Italy sold €4.73 billion of bonds, and yields on 10-year bonds declined to 5.96 percent. 

• Euro-area economic confidence declined to 87.9 in July, the lowest level since September 2009. The data suggests that the euro-area's economic decline extended into the third quarter as government's continue to contain the region's debt crisis.

• UK Second quarter GDP contracted 0.7 percent. Money supply dropped by 5.2 percent year-over-year falling the most since the data was first recorded in 1983.

• Spain's second quarter GDP contracted 0.4 percent quarter-over-quarter. The Spanish economy fell deeper into a recession after a new round of austerity  impacted domestic demand. Meanwhile, Spanish borrowing costs declined. 

• Japan's industrial production unexpectedly fell 0.1 percent month-over-month in June. This was the third consecutive monthly decline.

• In earnings news, HSBC reported an 8.3 percent decline in net income and apologized to investors for compliance failures. The bank kept $2 billion aside to cover the costs of regulatory fines and lawsuits. Meanwhile, Anadarko Petroleum is expected to report earnings of $0.77 per share. 

• In industry news, General Motors has ousted its global marketing chief Joel Ewanick. Meanwhile, Roper Industries is acquiring Sunquest Information Systems for $1.4 billion .

• China has allowed international investors to purchase bonds on the interbank market and high-yield bond market for the first time. It is also allowing institutional investors to own 30 percent of shares in domestically listed companies, up from 20 percent. 

• South Korean manufacturing confidence fell to a three-year low, with a reading measuring expectations for August declining to 70. The export-oriented economy is being impacted by Europe's recession.

30 Jul 2012 Kuala Lumpur Closing Stock Prices

30 Jul 2012          Kuala Lumpur Closing Stock Prices

Close Prior Change % Change AMMB 6.44 6.43 +0.01 +0.16 BAT 60.36 61.94 -1.58 -2.55 C&C 3.02 2.96 +0.06 +2.03 Genting 9.26 9.20 +0.06 +0.65 GenM 3.34 3.32 +0.02 +0.60 IGB 2.73 2.74 -0.01 -0.36 L&G 0.45 0.45 +0.01 +1.12 MayBank 8.76 8.75 +0.01 +0.11 MAS 1.06 1.05 +0.01 +0.95 PetGas 19.30 19.12 +0.18 +0.94 PbBank 14.38 14.36 +0.02 +0.14 RHBCap 7.39 7.40 -0.01 -0.14 Sime 9.83 9.82 +0.01 +0.10 Telekom 5.72 5.66 +0.06 +1.06 Tenaga 6.79 6.82 -0.03 -0.44 TopGlove 5.39 5.29 +0.10 +1.89 UMW 9.46 9.50 -0.04 -0.42 YTL 1.87 1.88 -0.01 -0.53

30 Jul 2012 Kuala Lumpur Most Actives

30 Jul 2012        Kuala Lumpur Most Actives

Volume Close Change % Change  Patimas 194,248,400 0.100 +0.015 +17.65 Biosis 39,601,500 0.480 +0.140 +41.18 Hubline 36,924,900 0.075 +0.005 +7.14 THHeavy 34,041,600 0.470 +0.035 +8.05 IHH 31,685,000 3.150 unch unch GPRO 23,508,500 0.210 +0.010 +5.00 Luster 21,392,300 0.105 -0.005 -4.55 Compugat 20,651,100 0.090 +0.005 +5.88 AsiaEP 18,404,000 0.040 +0.005 +14.29 IRIS 17,553,200 0.165 +0.005 +3.13 MRCB 16,465,900 1.790 +0.060 +3.47 SAAG 15,112,500 0.065 +0.010 +18.18 AMedia 14,308,900 0.645 +0.050 +8.40 NICORP 13,277,100 0.300 unch unch SKPetro 10,193,400 2.440 +0.060 +2.52 Emico 10,161,900 0.205 +0.015 +7.89 MPay 9,668,300 0.130 unch unch MKLand 9,292,500 0.400 +0.015 +3.90 Harvest 9,228,700 0.520 unch unch BornOil 8,897,500 0.510 +0.015 +3.03 Cybert 8,857,700 0.330 -0.020 -5.71 FGV 8,712,800 5.150 unch unch GenM 8,591,300 3.340 +0.020 +0.60 Maxis 8,440,900 6.320 -0.080 -1.25 Axiata 8,371,200 5.850 +0.050 +0.86 ASB 7,384,100 0.165 +0.005 +3.13 MayBank 7,362,800 8.760 +0.010 +0.11 Dataprp 7,194,600 0.290 +0.020 +7.41 Mtronic 6,940,500 0.100 +0.005 +5.26 AT 6,554,000 0.170 unch unch CIMB 6,307,200 7.840 +0.030 +0.38 JCY 6,219,400 1.490 unch unch AGlobal 6,101,300 0.070 -0.005 -6.67 Daya 6,092,200 0.210 +0.005 +2.44 Eden 5,893,400 0.330 +0.020 +6.45 Tanco 5,832,000 0.190 +0.010 +5.56 Telekom 5,709,700 5.720 +0.060 +1.06 DiGi 5,467,300 4.420 unch unch D.B.E. 5,274,600 0.075 unch unch Tenaga 5,221,500 6.790 -0.030 -0.44 YTL 5,166,400 1.870 -0.010 -0.53 Perisai 5,105,700 0.885 unch unch UOADev 5,059,000 1.690 -0.130 -7.14 REDtone 4,718,000 0.360 -0.010 -2.70 Sime 4,709,000 9.830 +0.010 +0.10 PNEPCB 4,633,000 0.315 +0.005 +1.61 UEMLand 4,469,300 1.980 +0.040 +2.06 Ingens 4,459,300 0.120 unch unch Century 4,418,600 1.100 +0.135 +13.99 Oldtown 4,252,700 1.970 -0.060 -2.96

BURSA MALAYSIA TRADE STATISTICS 27 July 2012

BURSA MALAYSIA TRADE STATISTICS
27 July 2012 (Source Bursa Malaysia)
                              Participation    Bought        Sold           Net
                              (%)                 (RMm)       (RMm)       (RMm)
Local Institutions    52.9               890.7            918.8         -28.1
Local Retail           21.6               345.8            392.7         -46.9
Foreign                 25.5               473.7            398.7           75.0
                          100.0             1710.2          1710.2             0.0

Monday, 30 July 2012 MRCB – Stock Pick

Monday, 30 July 2012 MRCB – Stock Pick



MRCB ( 1651 : 1.73 ) : Targeting 2.00/Stop loss 1.66

Description

Resistance : 1.90     2.00

Support : 1.66

RSI of 44
RSI is neutral

STOCHASTIC
It is oversold, indicating a limited downside

Comment
It is due for a technical rebound on its oversold technicals

Trading Strategy
Buy. Stop loss is at 1.66

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

Monday, 30 July 2012 IJM – Stock Pick

Monday, 30 July 2012 IJM – Stock Pick



IJM ( 3336 : 5.14 ) : Targeting 5.50/Stop loss 5.07

Description

Resistance : 5.50 5.70

Support : 5.08

RSI of 57
RSI is on the rise

STOCHASTIC
It is oversold

Comment
The current technical rebound is eyeing 5.50

Trading Strategy
Buy. Stop loss is at 5.07

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.

Corn Is Booming Again

Joe Weisenthal

 Jul. 29, 2012,

Markets are generally quiet at the moment, but corn is booming again.

December corn futures are back above 800.

CME

108抵稅准則明年底到期 國家稻米 雲頂種植 馬銀行高股息可期

27/07/2012 

• 上市公司若趕在限期前全面應用108抵稅準則，投資者有望獲得更高股息。

全面應用108抵稅准則即將在明年底到期，許多擁有充沛現金的公司，包括國家稻米（BERNAS，6866，主要板貿易）、雲頂種植（GENP，2291，主要板種植）和馬銀行（MAYBANK，1155，主要板金融）等，料將在今明兩年抓緊時機提高派息率，散戶有望從中受惠。

　肯納格證券研究分析員說，自單層稅制于2008稅年開跑后，舊有抵稅制度將在2013年12月31日到期，儘管政府給予6年緩衝期，但至今仍有許多公司在第108條會計準則下的108戶頭仍有余額。

　他認為在大期到來前，這些公司得考慮是否善用這些余額提高派息，抑或選擇放棄余額，並預期國家稻米、雲頂種植和馬銀行將捎來派息佳訊。

部分保留資金擴業務

　英特太平洋證券研究主管馮廷秀亦認為，製造業仍有很多業者尚未完全應用108抵稅制度，為免戶頭內的余額遭充公，許多公司將陸續提高派息，股東和散戶投資者有望獲利。

　另一名分析員指出，擁有充沛資金的領域，如電訊和獨立發電廠（IPP）等，近期將成為大熱股項，因為市場預期這些公司將派發更高股息。

　“一些暫時沒有併購或投資計劃的公司，主要股東也希望趁此時機獲得更高回酬。”

　不過，對一些需要資金進行企業併購的大企業，他認為，即使擁有大量資金，相關公司也不一定會加入高派息行列。

　“對于部分積極擴充規模的公司如豐隆金融（HLFG，1082，主要板金融）和其他博彩業者，料會選擇保留資金，以便未來可投資在更高回酬的資產。”

提高股息兩大關鍵
大股東現金狀況

派息率調不調高，企業公司仍有多重考量，關鍵在于大股東和公司現金狀況，部分公司寧可讓限期“默默過去”，亦不會貿然提高派息率。

　分析員說，部分公司在大限來臨前已逐步用盡108戶口余額，一些公司則不願資金流出，影響公司現金流狀況，因此選擇維持現有派息率。

　分析員以馬銀行（MAYBANK，1155，主要板金融）為例，該行早在緩衝期間，就逐年提高派息率，108戶口余款大部分已抵稅，在此情況下，該公司派息率料不會有太大調整。

　“馬銀行在提高派息之際，也宣布派息再投資計劃，讓股東繼續將資金注入公司，避免資金外流，此舉不失為雙贏舉措，但非強制性的股息再投資計劃並不是每家公司都適用。”

　他說，部分企業公司股東若有其他投資計劃，現有公司的股息回酬不一定會重回該公司，資金流出后，公司需要一段時間累積現金，在這段期間，若出現更好的投資機會，公司也無法參與。

　他指出，公司會否選擇提高派息率，主要因素有二，公司是否擁有充沛現金，以及公司大股東是否需要資金。

　“若兩者因素出現，就會使相關公司在抵稅準則到期前提高股息，否則大部分擴充中的公司將選擇留著現金，靜待投資機會。”

單層稅制利惠更多
尤其付高稅投資者

從稅務角度出發，稅務專家認為，企業派息制度將影響個人稅務情況，部分投資者或更期待單層稅制下的股息，尤其繳付最高稅率的投資者。

　均富國際會計行助理董事陳俐錆回應《中國報》提問說，在單層稅制下，投資者和股東不會面臨報稅和繳納問題，企業或更傾向于等待108抵稅准則到期，以在單層稅制下派息。

　“對繳稅率較高的人而言，若企業以抵稅準則派息，他們需要繳納更高稅金，但在單層稅制下，所有獲得股息者都一樣不需要額外繳稅，此方式對他們更有利。”

　她舉例說明，在抵稅準則下，投資者將依照個人所得報稅，所得股息也必須依照內陸稅收局所定的稅率繳納，假設他的個人稅率是26%，但所投資的公司給予他的股息只扣稅25%，那他必須增加繳納1%稅款。

　在單層稅制下，企業在派息前就已經繳稅，因此股東或投資者會獲得淨股息，不必另外繳稅，亦不必根據個別收入稅率增加繳納。

p

Citi's Fitzpatrick Sees Gold At $2,400 By Year-End

Ben Duronio

27,July, 2012

In an interview with King World News, Tom Fitzpatrick of Citigroup charted the 2005-2007 gold chart and compared it to the 2010-2012 chart. The correlation between the two is strikingly similar, and the next move was a huge jump up.

King World News

Fitzpatrick claims that if gold clears $1,791 the short-term target would then be between $2,050 and $2,060. After that bump, he "then expects a continuation on gold up to the $2,400 area by the end of the year or beginning of next year."

Read More at KingWorldNews.com

10 Things You Need To Know Before The Opening Bell

Eric Platt

27 July 2012

Jason Merritt/Getty Image

Good morning. Here's what you need to know.

• Markets in Asia rallied in overnight trade, with Hong Kong's Hang Seng up 2 percent. Shares in Europe are higher and U.S. futures point to a positive open.

• German Chancellor Angela Merkel and French President Francois Hollande will discuss aiding Spain today, according to reports from Bloomberg. The two are expected to speak by phone at 1 p.m.

• The European Central Bank is preparing to restart purchases of Italian and Spanish bonds and is readying "concerted action" with EU states, Le Monde reports. Meanwhile, Germany's Bundesbank says it opposes giving Europe's future bailout fund, the ESM, a banking license. Without a banking license, the ESM would have limited lending power. 

• Spanish unemployment hit a new record high during the second quarter. The country's jobless rate hit 24.63 percent, slightly below forecasts for a 24.7 percent reading. 

• Chinese industrial profits fell 1.7 percent to 468.2 billion yuan, less than the 5.3 percent decline recorded in May, new data from National Bureau of Statistics shows.

• Barclays announced U.S. and British regulators had launched new probes into the bank, further damaging its reputation after paying a record fine for its actions when submitting LIBOR bids. Britain's Financial Services Authority is investigating the bank and four current and former senior employees over insufficient disclosures when it raised capital in 2008.

• Facebook beat Wall Street's light forecasts, but its stock hit fresh lows as investors sold off shares. Revenue was slightly above estimates, at $1.18 billion as the social network hit 955 million active monthly users. Zuckerberg: It wouldn't make sense for us to make a phone.
• Amazon missed earnings expectations yesterday and said it would report a loss between $50 million and $350 million in the third quarter. The company recorded earnings per share of $0.01 on sales of $12.8 billion this quarter, below estimates.

• U.S. economic announcements kick off at 8:30 a.m. with the second quarter GDP report. Consensus is for the economy to grow 1.4 percent during the period. At 9:55 a.m., the July U. Michigan Consumer Confidence reading is expected. Forecasts are for no change in the final July reading, remaining at 72.0. 

• Earnings on tap today include Merck and Chevron. Already, the pharmaceutical giant beat expectations, earning $1.05 a share. Chevron is expected to post earnings of $3.22 a share.