Archive for September, 2012

Technical Analysis Sept 2012: TM (4863)

Saturday, September 29th, 2012

TELEKOM MALAYSIA BERHAD Observation From Chart:- 28 Spet 2012, TM succeed break through RM6.10 resistance level. How high will it go ? Other indicator:- MACD at positive region, uptrend sign. Stochastic %K still on BUY call. Higher high & higher low been confirm, expecting will have another wave of uptrend.If retrace down, immediate support @ RM6.10 level.Subsequent support @ MA20 […]

RM1.5b Sky Park project will enhance city’s appeal

Saturday, September 29th, 2012

“Cyberjaya has the right scale and mass and most importantly the proven track record in helping companies to grow and prosper. That is ultimately …

Technical Analysis Sept 2012: GASMSIA (5209)

Saturday, September 29th, 2012

GAS MALAYSIA BERHAD Observation From Chart:- Since Aug 10, GASMSIA (5209) keep consolidate between RM2.60 & RM2.70 level. When will it break through the bolinger band squeeze? Other indicator:- MACD at positive region, uptrend sign. Stochastic %K trigger BUY call, pending confirmation. Once it break through RM2.70, higher high been formed, uptrend will continue.Once it break through […]

Lifted by cheer-ful Budget

Saturday, September 29th, 2012

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) closed 8.82 points higher at 1,636.66 driven by gains in select heavyweights. The 2013 Budget, presented by Prime Minister and Finance Minister Datuk Seri Najib Razak, reiterated Malaysia’s commitment to reducing the deficit level to 4 per cent of gross domestic product (GDP) while economic […]

There’s something for all

Saturday, September 29th, 2012

AFRIEND spiritedly said the sitting government would lose his vote if the 2013 Budget offered nothing for middle-income people like him. Top on his wish list was a cut in personal income tax and cheaper yet quality houses. As it turns out, his (Barisan Nasional) vote should be safe as the national budget for next […]

Ringgit sees fresh buying

Saturday, September 29th, 2012

RINGGIT KUALA LUMPUR: The ringgit closed higher against the US dollar yesterday on renewed buying interest, amid the weakening greenback, dealers said. At 5pm, the ringgit stood at 3.0570/0600 to the US dollar compared with 3.0730/0750 on Thursday. A dealer said the ringgit rose in tandem with other emerging Asian currencies supported by the positive […]

CPO futures end lower on profit-taking activities

Saturday, September 29th, 2012

CPO FUTURES KUALA LUMPUR: CPO futures on Bursa Malaysia Derivatives ended the week lower prompted by continued profit-taking activities. “The volatility in the global market depressed demand. But, the current weak price is still profitable for planters,” said Jim Teh, Interband Group of Companies senior palm oil trader. Spot month October 2012 lost RM60 to […]

Maxis looks to empower SMEs with its latest offerings

Friday, September 28th, 2012

GEORGE TOWN: Maxis Berhad is looking to empower more small and medium enterprises (SMEs) in the country with newer offerings aimed at making them more competitive and professional. A SIM card-based solution is expected to be launched next month for logistics and transportation players to track the movement of their trucks in real-time. “This machine-to-machine […]

Tune Insurance to be listed

Friday, September 28th, 2012

KUALA LUMPUR: Newly-launched Tune Insurance Malaysia Bhd, formerly Oriental Capital Assurance Bhd (OCA), will be the first company under the Tune group to be listed. Tune Group co-founder and group chief executive of AirAsia Bhd Tan Sri Tony Fernandes said the listing is possible due to the strong growth projection of Tune Insurance compared to […]

Budget 2012, What's good and what's not…

Friday, September 28th, 2012

Open for idea discussion…Give me the counter… Lowyat.NET: Latest topics in Stock Exchange