Bursa Malaysia Stocks Analysis

FBM KLCI and Sarawak General Election

2011-04-18T15:14:00.001+08:00

Sarawak GE vs Bursa Malaysia FBM KLCI Interesting analysis by Maybank Invetsment Bank research: Sarawak elections: Back to the drawing board? Potential pullback. Although Barisan Nasional (BN) secured more than two-thirds of the state assembly seats, the loss of 15 seats was higher than what political analysts had expected. In the May 2006 state elections where BN lost an additional 9.5%

Sarawak Government Politically Linked Companies Election Theme Play

2011-02-10T09:38:00.001+08:00

Is it not to late to look for some Sarawak Government Link Companies (GLC) or politically linked counters? Here some of Sarawak Government Linked Companies (GLC) / Counters On Bursa potential plays stocks for Sarawak State Elections theme play. Column A = Shr px @16 Dec 2010 Column B = Shr px perf 3-months leading to dissolution of Parliament on 13 Feb 2008 NLT= not listed then

Major infrastructure projects involving Greater KL

2011-01-27T14:25:00.001+08:00

You might want to speculate which companies will get which projects. Also you might want to ignore the companies which already awarded recently with massive million/billion of project because they were already in the (stale) news and reflected in their share price. Greater KL NKEA 1. MRT system (150km) RM 36,000 mi Comments: MMC-Gamuda named PDP. Sg

Malaysia Key Infrastructure Projects Outlined Under The 10MP

2010-06-23T12:47:00.023+08:00

For your info, here the KEY INFRASTUCTURE PROJECTS OUTLINED UNDER THE 10MP Project Value (RMmil) Projects to be financed under PPP scheme (52 projects worth RM63bil) Seven highways: Including West Coast Expressway, Guthrie-Damansara Expressway,Sungai`Juru Expressway,

Guess Who Will Get Klang Valley LRT Ext RM7 Bil Contracts? Updated

2010-04-29T14:39:00.001+08:00

Based on these consensus opinions, look like Gamuda, IJM, and UEM Group are the strongest contenders. Potential winners picked by Maybank Investment Bank, HwangDBS Vickers, Arab Malaysia Research and OSK Research. Syarikat Prasarana Negara Bhd said 17 applicants have qualified to bid for contracts of about RM7bn to extend light rail transit (LRT) lines in the Klang Valley. Another 15 candidates

Guess Who Will get Hulu Langat Selangor RM2 bil Water Treatment Plant.

2010-04-27T15:39:00.001+08:00

Pengurusan Aset Air Bhd (PAAB) has narrowed down the list of companies that can bid to build a RM2bil water treatment plant in Hulu Langat from 30 to 12. This involves 1,130 mld in capacity for the first phase, with a total 1,890 mld in capacity when the second phase is commissioned. PAAB probably will call for a tender in May or June 2010. 12 Contractors short-listed for

Malaysia Major Infrastructure Projects Pending Award 2010-2015

2010-04-22T16:59:00.001+08:00

Here is a list of Major Infrastructure Projects Pending Award 2010 to 2015. Included the projects estimated value and potential construction companies that will be awarded. Let's speculate which companies will grab those projects. It may worth it. Projects Estd. value (RM’m) Comments Potential

Malaysia New Major Construction Projects Awarded in 2010 YTD

2010-04-21T14:51:00.001+08:00

Malaysia New Major New Construction Projects Awarded in 2010- Year To date. Includes estimated projects value, contractors awarded and awarded by whom. Est.project value (RM million) Contractor: Awarded by: Government funded:

PETRA PERDANA - Will she rebound on current Fibonacci retracement?

2010-04-20T13:29:00.002+08:00

PETRA Stock code 7108 The issues and tussle within Petra already settled and it's price climbed back stated early April. Then it started to retrace and as at latest intraday today, it at 61% Fibonacci retracement. It may worth to watch PETRA now. As at morning session close, the price action is nice (a sign it already rebounded) but the volume is on doubtful side for further rebound

UEMLAND BUY SIGNAL NOW?

2010-04-12T07:56:00.001+08:00

UEMLAND STOCK CODE 5148 Note that there price adjustment for UEMLAND few days back, so after x-date: The major support now is at 1.15 .The pivot zone to for valid rebound buy signal is now 1.40-1.35 zone Both are the same level as in my previous outlook. RM1.40-RM1.35 zone is also a Fibonacci 38% retracement zone. All my outlook on UEMLAND maintain as in previous blogpost. More details

MAYBANK STOCK REVISITED

2010-04-08T15:11:00.004+08:00

Maybank stock code 1155 Price RM7.55 12 Months high 7.650 (08-Mar-10) 12 Months low 3.820 (08-Apr-09)Maybank covered in this blog before when its' still within a range bound of RM6.60 - RM7.05. Read it: Maybank- stock code 1155 Mentioned on that post: "It's buy on rebound near support (6.60) if that what you are looking for, with a couple of weeks holding period

BRDB TECHNICAL UPDATES - TARGET ACHIEVED

2010-04-01T14:06:00.002+08:00

BANDAR RAYA DEVELOPMENTS BHD stock code 1473So far so good but now in sideway mode.As mentioned in previous post: "Short-to medium term target: 1.70 to over 2.00." Read it here: klse-stocks/brdb Target achieved.Previously mentioned: "Multiple (different wave scale reading) : Both Elliot immediate and minor wave 'agree'. Think so Elliot minor wave 2 (white numbering) in the making

UEMLAND UPDATES : WAKING UP? WAIT

2010-03-30T14:25:00.001+08:00

UEMLAND STOCK CODE 5148 UEMLAND used to be a great stock for trading but since mid of June 2009 it like been ignored by the market. Been sleeping but so sudden on the last two days, it become active and alive again. Must be something on the news (see at the bottom). above: UEMLAND daily chart (click to enlarge) The two days bullish bar with high volume, is it a signal for longer uptrend

E&O UPDATES

2010-03-29T14:25:00.002+08:00

Sector: properties Bursa Malaysia stock code 3417Previously, this stock is covered here waiting for validity of head and shoulder pattern. No confirmation and the downtrend is expected to rebound in RM0.95-RM0.85 price zone. Read it here E&ONow, it did rebound within the zone at about RM0.9o ct. Last few days price bar action and the volume are great. I will say it, a buy for several

EDEN UPDATES

2010-03-29T11:40:00.002+08:00

EDEN sector: Trading/Services Bursa Malaysia stock code 7471 No decisive change since my last commentary in this blog. Perceived the current downtrend is in wave 2, which haven't ended. Bullish wave 3 is after wave 2 but other signals says, wave 2 haven't ended yet. Will leave it aside for a while. Above : EDEN daily chart (click to enlarge)Previous points: 1. The major uptrend (oct

SUNWAY stock code 4308

2010-03-25T08:28:00.003+08:00

As previously mentioned in this blog (read here: Sunway) "Any rebound now is a buy signal but I think i will correct a little more to to within 1.25 zone. That's the likely zone to rebound" It did rebound at 1.28. "Believe so the correction phase is over and now heading to 1.60" It rose to to 1.60 and now in a profit taking phase. Believe so the current profit taking will be mild

Updating this week

2010-03-25T07:33:00.001+08:00

Will keep on updating. Some of the broken news links already corrected.

SAAG - hopeless for now?

2010-03-25T06:12:00.003+08:00

Current downtread from point A cannot be wave 2. Need to recount the wave. (told you, ya can't really use TA with very, very cheap stocks, the chart will not reflect the mass sentiment but just a few partcipants) Volume is very relatively sad, it make you cry. Hopeless for SAAG for now. I will ignore it until there's a significant change (thought want to add a few penny stock

EDEN stock code 7471

2010-02-02T04:05:00.002+08:00

EDEN sector: Trading/Services 12 months : high 0.620 (12-Jun-09) low 0.260 (16-Mar-09)The major uptrend (oct 08 to jun09) already corrected over 61.8%Believe so a new 5 wave sequence is developing. The minor wave 2 haven't find the ending (could go to recent low 0.35 if no rebound about current level), wait for rebound signal.other info: http://biz.thestar.com.my/eden

Gamuda stock code 5398

2010-02-02T03:52:00.002+08:00

GAMUDA sector: construction Prices 12 Months high 3.440 (03-Aug-09) low 1.820 (10-Mar-09) wait for buy signal: Rebound within 2.60 and 2.50 zone. If no rebound signal from that support zone, expect futher downtrend.Wait a minute, it's already rebound last Friday, confirm intra-day on Monday for rebound sustainability for a buy.Suggest to read my previous blogpost on : Gamuda

Maybank stock code 1155 updates

2010-02-02T03:41:00.001+08:00

Previous blogpost on Maybank Updates: If Maybank can go down near 6.60 (range bound's support) it will become more 'attractive'. For now it sideway. Click to enlarge : Maybank daily chart

MKLAND stock code 8893

2010-02-02T03:21:00.004+08:00

Updates Mac 25: No buy signal so far. MKLand need to enter the rangebound first. Need a breakout away of 0.35. MKLAND sector properties Prices 12 Months high 0.475 (15-Jun-09) low 0.150 (17-Mar-09) Watch for buy signal: Rebound within support zone 0.35 (it's already in the zone). Recent high target at 0.465 is attractive for profit target. Watch out for any weakness also within

Sunway updates

2010-02-02T03:12:00.003+08:00

SUNWAY stock code : 4308 sector: construction Previously: 1. The uptrend from Nov 08 to early Aug 09 already corrected to 38% (also a significant Fibonacci level). Believe so the correction phase is over and now heading to 1.60 2. Micro double-bottom pattern with higher low. 3. Vital support at 1.16 zone. (also a signal zone - if collapsed then forget it) 4. Expecting strong

BRDB updates

2010-02-02T03:06:00.002+08:00

BANDARAYA DEVELOPMENTS BERHAD stock code 1473 sector : properties Previously: 1. Well corrected (68% Fibonacci rebound). 2. Multiple (different wave scale reading) : Both Elliot immediate and minor wave 'agree'. Think so Elliot minor wave 2 (white numbering) in the making, could end anytime. Bullish wave 3 should come very soon. Elliot immediate bullish wave 3 (blue numbering) could

E&O stock code 3417 updates

2010-02-02T02:37:00.003+08:00

Sector: properties 52 weeks high 1.590 (08-Sep-09) 52 weeks low 0.395 (12-Mar-09) click to enlarge: E&O daily chart: Previously: 1. Correction of earlier uptrend (since Jan 09 - wave 1 to 5) to 61.8% Fibonacci ratio make it strong likely that a new major uptrend is in development. 2. Bullish inverted head&shoulder pattern finalized. 3. Last 3 trading day price