A Money Game, The Value is just an illusion

The stock market is just a money game. Hot money flow in, the stock value go up, Hot money flow out, the stock value go down.

The value in stock market is just an illusion. Confidence support the stock market to go up, Panic cause the market to crash.

Now is time to exit from the market, do not try to time the rebounce when the confidence has lost in the stock market & for the world economy.

The market will become ugly when the funds start to sell down !

Timing & Risk! Risk! Risk!

Equity & Property investment is all about Timing! Timing! & Timing!

The timing for equity investment now is bad. The chances for winning is so low that investor should just forget about shares now. Better to enjoy Movie/TV, traveling or Reading.

The risk is much higher now, you have global financial problem to worry like Euro zone & US debts problem.

You have property burble in HK & China to worry.

In Malaysia, the investment risk is not much better, due to political fights between PKR & UMNO & Economy slowing down in 2012-2013.

Now we have witness how the entire Govt mobilize the forces to attack the organiser of 'Bersih 2.0', this political drama & HEAT between UMNO & Pakatan Rakyat will get worsen when the next 'General Election' just around the corner, by this YEAR END.

Market News for Ho Hup Construction & Lion Ind.

This week we have 2 market news, one is Ho Hup Construction and the other one is Lion Ind.

My friend has told me that his friend ask him to buy Ho Hup because they has won a legal case that they can now to develop a land in KL that worth billions.

It's important to note that, yes! they has won the case, but this is only for the termination of the joint venture, not an extra land suddenly given to them, the land is always in their book, & most importantly this does not alter the fact that Ho Hup is still a -20 sen shareholder's fund PN17 company. Do you want to use 0.80 to buy a negative NTA PN17 company ?

A BIG NO! NO!


For Lion Industries, The news of Baosteel being a strategic partners is indeed a Very Good News for Lion Group. Investment from Baosteel will instantly solve partially of the Financial problem faced by Lion Group and unlock the value inside Lion Ind. As we all know Lion Ind hold most valuable assets under the Lion Group of companies.

If you buy under the current price of 1.80, you will not lose much if Baosteel investment not materialise, But you definitely will gain more than 30% once the deal is confirm.

I believe the chances is high now because William Cheng has not much choice, he need a white knight urgently.

超級星光大道 7 -First Malaysian Champion李佳薇- 回家

It's Common Sense for Institutional Fund Selling_WHY NOT ?

The equity market in the region is under correction mode after a good run in the first two weeks of January.

All funds that invested in Asian has made a double digit returns for their fund.

It's common sense they took profits now for their fund to realise this good profits.

We will see those highest performing counter to be badly hit in this correction, never go in to average down as we do not know when the Fund Manager will stop dumping the shares.

Let's the selling finished their job first. Just stay sideline & wait for the market to settle down.

MASTEEL + KUB = RAIL TRANSIT SYSTEM KNOW HOW ?

IN MALAYSIA, ANYTHING IS POSSIBLE, A STEEL BAR COMPANY ALSO CAN GET PROJECT FOR RAIL TRANSIT SYSTEM ! WHERE IS THE TECHNOLOGY KNOW HOW & TRACT RECORD ?

Masteel, KUB to jointly run inter-city rail transit system in Iskandar Malaysia

January 19, 2011

KUALA LUMPUR, Jan 19 – Malaysia Steel Works (KL) Bhd (Masteel) and KUB Malaysia Bhd today signed a joint-venture agreement to jointly build and operate 100km inter-city rail transit system costing RM1.23 billion at Iskandar Malaysia in Johor.

The system will also be linked to the Mass Rapid Transit line in Singapore.

Masteel and KUB will hold 60 per cent and 40 per cent stakes, respectively, in the joint-venture company, Metropolitan Commuter Network Sdn Bhd.

The proposed inter-city rail transit will have up to 25 commuter stations in major towns in the Iskandar Malaysia economic corridor in the initial stage.

“We will use the existing Keretapi Tanah Melayu rail and will add four new stations in the growth areas along KTM’s rail path,” said Masteel managing director and chief executive officer Datuk Seri Tai Hean Leng.

Tai said the project would be funded through equity and bond issue and operations of the inter-city rail transit would be based on a 25-year concession period.

Speaking at the signing ceremony, Tai said this was a major infrastructure project in Johor which would undoubtedly be the prized “jewel” of the state as it would greatly boost its connectivity and economy.

KUB managing director Datuk Mohd Nazar Samad said the project would serve KUB Group not only in the construction area, but also in the industrialised building system supply for Kempas Baru development and facility management as well being part of the company’s property, engineering and construction sector.

“Our information, communications and technology sector will also benefit from the integrated IT systems on ticketing, collection and security,” he said.

The project, to be undertaken in three phases, is expected to be completed in 24 months from project commencement.

“We hope the agreement with the government will be completed within this year and we expect to fully operate at the end-2013,” said Tai.

The project has two components: the “Build Transfer” of the rail transit infrastructure and the “Own Operate” of the inter-city train system.

“We are still having discussions to use the suitable electricity train coaches and we are looking at China and European countries,” he said.

On the socio-economic front, Tai said this project would ease traffic congestion, estimated to grow at 4.2 per cent every year along Johor and Singapore.

About 70 per cent of the construction cost of the rail transit infrastructure would be funded under the Public-Private Partnership scheme.

“With this project, we will see constant recurring income and we will be the first private train operator in Malaysia,” Tai added. – Bernama

WAITING FOR A NEGATIVE NEWS

The KLCI has been rising fast for past 1 month.

Break record high almost daily for the past 1 week !

The 2nd & 3rd liner may have room to play catch-up with the index, but I believe the market is waiting for a negative news to make a meaningful correction.

it's time to have a rest & reduce the position.

Re examine your portfolio & prepare for the shake -up.

The BULL will be stronger to chart new high after the shake-up.
(Will Foreign Fund enter Malaysia after they profit taking from Indonesia ???)

狭隘的政治目的

政府首席秘书西迪违反一般的礼节，在没有事先知会雪州大臣的情况下，就透过媒体擅自宣布擢升古斯林。国阵中央急于夺回雪州，为了狭隘的政治目的.

Najib & BN Govt should respect the Voter's rights in choosing the Pakatan Rakyat State Govt.
It's a shame by using 'sabotage' tactics to destroy the current Selangor State Govt and neglected the interest of the people of Selangor.

---------------------------------------------------------------
Malaysiakini.com

雪州号召集体祈祷展现民众力量
受促召开紧急州议会否决古斯林


雪州秘书人选风波继续延烧，虽然雪州苏丹秘书声称获得苏丹首肯的争议性雪州宗教局总监古斯林（Mohd Khusrin Munawi）铁定出任州秘书，决定不能受到质疑；但是雪州政府却丝毫不肯让步，并号召在全州举行集体祈祷会，试图透过汇集群众力量，作为与联邦政府博弈的后盾。

另一方面，雪州议员助理协会也促请雪州政府召开紧急州议会，以动议否决中央政府插手雪州事务，委任古斯林为雪州秘书，避免古斯林成为雪州民联政府的肉中刺。

该会主席阿都拉查声称，必须召开紧急雪州议会来保护雪州人民的利益，以阻止巫统及国阵利用皇室来夺权雪州政权。

原任秘书3月20日才退休

此外，雪州政府也驳斥雪州苏丹秘书莫哈末慕尼尔（Mohamad Munir Bani）归咎雪州政府太迟提呈州秘书人选填补州秘书空缺的说法。

雪州大臣秘书法依卡发表文告指出，没有任何条文规定州秘书的委任必须在在某个期限内进行，更何况原任州秘书蓝里玛目的任期本来是到2011年3月20日才截至。

获得政府首席秘书西迪擢升为雪州秘书的古斯林的任期是在明年1月1日生效。

邓章沁领导三人遴选委会

法依卡也指出，雪州政府早在11月27日，根据公共局服务惯例，成立遴选州秘书的委员会。有关的委员会是由雪州议长邓章钦以及两名行政议员，即哈山阿里及西维尔所组成。遴选委员会并对6名获得州秘书办公室及人力局所推荐的候选人进行面试。

遴选委员会较后拟出入围者的名单，而雪州大臣也在12月17日把有关的名单呈交给雪州苏丹，以填补州秘书一职。

开启透明遴选高官的风气

雪州政府指出，虽然成立遴选委员会并非是一项硬性规定，但是民联政府已经开启了透明、自由及负责任遴选高官的风气，州务大臣并未使用本身的特权遴选高官。

雪州民联政府也对州秘书人选出现争议感到遗憾，并认为一些有机心者为了达到本身的政治目而利用皇室。法依卡点出，古斯林担任州秘书的风波，是接踵在巫统宣布首相纳吉继续执掌雪州巫统之后发生。

雪州民联也要求雪州人民保持冷静，勿做出任何无法协助寻找最佳解决方案的挑衅言论。

大臣官邸明日傍晚集体祈祷

雪州民联政府也鼓励回教组织及非回教组织，在州内根据本身的信仰进行集体祈祷，祷求上苍赐力量及智慧给雪州苏丹及雪州领导层以解决这项误会。

雪州大臣卡立已经在其面子书上，邀请民众前往大臣官邸，出席明日傍晚6点半所举行的祷佑雪州安宁集体祈祷会。

基金輸錢 但基金經理可發財

基金輸錢 但經理可發財

2010年12月14日

【明報專訊】有一個晚上，我和一伙豬朋們聚會，席間說及某位著名股評人，我說：「他寫得頗為不錯，而且在進步。」請注意我的用辭，是「頗為不錯」，而非「很好」，雖然，這評語在我的口中，已是很不容易的了。我的用辭一向精確，但常常遭人斷章取義，也是很沒奈何的事。

》[17:30]大市總結：成交3個月新低 向好指標性不大

朋友的回答是：「這位仁兄成立了一個基金，在金融海嘯時輸光了。」

我再答：「我知道他在金融海嘯後買了樓，證明他發了財。沒有可能基金執笠，而他則發財，第一個解釋是他買的股票和基金買的不一樣，第二個解釋是他在基金中偷了錢，而這兩個解釋是等價的：如果他不是在基金中偷錢，為甚麼他會和基金買不同的股票？」

通常由周顯大師說出來的答案，就是結論，而且是定論，就像是終審庭的判決，不能推翻，除非是人大釋法啦！

經理收「出場費」 眼光未必出眾

這故事又一次證明了我在《周顯發達指南》中的名句：「買基金的是豬」，因為買股票買錯了，只能怨自己的眼光不好，但是基金買錯了，是給別人害死，這 好比找人代打麻雀，這個人可能牌章比你還差，也有可能偷籌碼，也有可能同其他一至三家串通打籠通，而且他還收你「出場費」，這樣那樣之下，倒不如自己落場 打好過了。

既然「買基金的是豬」，政府和銀行強sell基金，也就有如焗賭。而在中國的傳統文化當中，「焗賭」是比「強姦」更為嚴重的罪行，所以我們可以說，政府和銀行「輪姦」了香港市民，這應該是恰當的說法。

另外，這篇稿打至半途，電腦無故關機，因此再寫了一遍，寫得好痛苦也。

撰文：周顯

KINSTEEL & PERWAJA SELL DOWN BY MAJU HOLDING

Kinsteel & It's subsidiary Perwaja is facing heavy sell down by shares in Maju Holding.

Both shares price started to fall from end Nov untill today closing. A check from Bursa indicated that all shares are sell down from Kenanga pledged securities accounts for Maju Holding.

Is this a force selling by Kenanga ? Has the force selling completed or more to come ?

IF investor in this 2 counter has cut loss strategy in place, then the losses will be caped at higher price level then now.

Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Reference No CU-101213-2D816

Company Name	:	KINSTEEL BHD
Stock Name	:	KINSTEL
Date Announced	:	13/12/2010

Name	:	Maju Holdings Sdn. Bhd.
Address	:	Level 21, Maju Tower, 1001 Jalan Sultan Ismail, 50250 Kuala Lumpur.
NRIC/Passport No/Company No.	:	40444-V
Nationality/Country of incorporation	:	Malaysia
Descriptions (Class & nominal value)	:	Ordinary Shares of RM0.20 each
Name & address of registered holder	:	Kenanga Nominees (Tempatan) Sdn. Bhd. (Pledged securities account for Maju Holdings Sdn. Bhd.)

Details of changes
Currency : Malaysian Ringgit (MYR)
Type of transaction	Date of change	No of securities	Price Transacted ($$)
Disposed	26/11/2010	110,000
Disposed	29/11/2010	384,100
Disposed	30/11/2010	168,000
Disposed	01/12/2010	671,800
Disposed	02/12/2010	436,100
Disposed	03/12/2010	1,850,000
Disposed	06/12/2010	2,440,000
Disposed	08/12/2010	2,283,900
Disposed	09/12/2010	3,110,000

Circumstances by reason of which change has occurred	:	Open-market sale.
Nature of interest	:	Direct
Direct (units)	:	176,368,700
Direct (%)	:	18.59
Indirect/deemed interest (units)	:	0
Indirect/deemed interest (%)	:	0
Total no of securities after change	:	176,368,700
Date of notice	:	10/12/2010

--------------------------------------------------------------

Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Reference No PH-101213-52964

Company Name	:	PERWAJA HOLDINGS BERHAD
Stock Name	:	PERWAJA
Date Announced	:	13/12/2010

Name	:	Maju Holdings Sdn. Bhd.
Address	:	Level 21, Maju Tower 1001 Jalan Sultan Ismail 50250 Kuala Lumpur
NRIC/Passport No/Company No.	:	40444-V
Nationality/Country of incorporation	:	Incorporated in Malaysia
Descriptions (Class & nominal value)	:	Ordinary shares of RM1.00 each
Name & address of registered holder	:	Kenanga Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Maju Holdings Sdn. Bhd.

Details of changes
Currency : Malaysian Ringgit (MYR)
Type of transaction	Date of change	No of securities	Price Transacted ($$)
Disposed	02/12/2010	50,000
Disposed	03/12/2010	70,000
Disposed	06/12/2010	127,200
Disposed	08/12/2010	300,000
Disposed	09/12/2010	474,200

Circumstances by reason of which change has occurred	:	Open-market sale
Nature of interest	:	Direct
Direct (units)	:	23,978,600
Direct (%)	:	4.282
Indirect/deemed interest (units)	:	365,416,500
Indirect/deemed interest (%)	:	65.253
Total no of securities after change	:	389,395,100
Date of notice	:	10/12/2010
Remarks
1) Notification received on 13 December 2010 2) The direct interest of 23,978,600 shares are held by Kenanga Nominees (Tempatan) Sdn. Bhd. pledged securities account for Maju Holdings Sdn. Bhd. The indirect interest of 365,416,500 shares comprise of: (a) 209,100,000 shares held by Kinsteel Bhd (b) 30,000 shares held by MH Consultancy Services Sdn. Bhd. (c) 356,500 shares held by Ipmuda Berhad (d) 30,000 shares held by Edaran Maju-Muda Sdn. Bhd. (e) 2,020,000 shares held by Equal Concept Sdn. Bhd. (f) 153,880,000 shares held by Kenanga Nominees (Tempatan) Sdn. Bhd. pledged securities account for Equal Concept Sdn. Bhd.

Window of Opportunity for Share Speculator

Malaysia is at a very dangerious position now as Najib Govt has opt for BIG SPENDING ON MEGA PROJECTS instead of the Policies Reform on the many structure weakness in our economy policy.

We may see Malaysia GDP improve in next 1 or 2 years, but we risk the Country going bankrupt in year 2020.

The out look for Malaysia Economy will not be good & this short term benefits & Feel Good sentiment is actually an opportunity of window for market speculator. ( from now to next GE)

Series of M&A, Corporate deal in GLC will help to push up market volume & indexes, attract more market participation, retail & institution.

Market timer, trend follower will be the main winner, Long term buy & hold investor will be the loser.

Enjoy the party, make more profits, then don't forget to exit the market when the party end.

Keck Seng : Is Bonus Issue A Bonus ?

After making a huge gain from disposal of Parkway, many investor expect Keck Seng to announce some good news.

Keck Seng finally announce it will giving out bonus issue of 1 to 2 in it's latest announcement.

It's share price has react positively to reach all time high of 6.50 in Wed.

Bonus issue actually is not bonus to investor, it has in fact increase the share base of the company but the market cap is still the same. it has 0 effects on the value of the company.

But i still 'hold' on to Keck Seng, hopefully the real GOOD news will be announce later.

Is Our Retail Investor Coming Back To Stock Market ?

Lately I have met with two different officer in two Investment Bank, one work in OSK, another one work in PBB. They all have claim that the retail investor has coming back to Local Stock market, actively trading shares..

I believe so !

The retail investor will come back after local stock market make good gain for past 2 years. The active market will make the stock market more attractive to them, a good alternative other than FD.

Now the property's price has break record high level & it's difficult to go higher, the fund will definitely divert to stock market.

When the real economy not performing well, usually the businessman will mobilized the extra/idle fund to invest into stock.

SO OUR LOCAL STOCK MARKET, BURSA MALAYSIA SOON WILL BREAK THE 1,500 POINT & MOVE HIGHER. NEVER LOOK BACK.

BUT IF YOU WANT TO GET GOOD RETURNS, THEN 2ND & 3RD LINER WILL BE THE IDEAL COUNTER.

STEEL , Rise with a HOPE (DREAM)

We can see the rotation play in the market,

The Steel Counter has started to move up after Property, Plantation & Contruction Counter has risen.

The reason or excuse for the Steel Counter to move is simple, i.e Steel counter will benefit from all the implementation of the Mega Projects under the 2011 budget.

BUT, JUST BE REALISTIC, NEVER HOPE FOR THE SURGE LIKE YEAR 2008 WHERE THE STEEL PRICE HAS RISEN LIKE ROCKET. THE STEEL PRICE GO UP ALMOST 100% WITHIN 1 YEAR PERIOD.

No more ! The year 2008 event is historic & it happen once in a century, the price surge in 2008 is mainly due to structural problem in supply & demand.

And now the situation is totally different:- 1)the China effects has reduce due to policy shift from export to local consumption and no longer focus on low cost production, 2) The world is over supply in Steel.

I do not see there are big increase in Steel Price, most likely it will be go up or down within a tight range.

BIG PROJECTS, SMALL CAP

Investor always make a mistake, they look at share price, but never try to compute the market cap.

A stock price at 0.20 is not necessary is a small cap company if their share base is big.
A stock price at 0.50 may be a small cap company if their share base is small , let say 300 mil shares. ie the market cap is only 150 mil (0.50 x 300 mil shares.)

Now I am convince that The Najib Govt is spending BIG in Infra Projects.
All 'NEM', 'ETP' is just a slogan, the actual intention is to give out more & more SUPER MEGA PROJECTS.

A small retail investor like me, no need to follow the Fund Manager to go into BIG CAP company.

We can make better returns by go into small cap counter take will benefited from the BIG Projects.

The returns can be easily 50%- 100%.

This is indeed the ADVANTAGE of being small.

My bet: ZELAN, IJM-WC, MALTON, KBUNAI, AZRB

Super Bull, Bull or Mini Bull, It's BULL

I am a BIG BULL, no Bullshit, whether it's currency war or liquidity push market, Asean Market will be the one that flushed with HOT CHEAP Money, from Developed Countries.

This hot, cheap money push up the property assets in this region, & now the property price has almost peaked in this region.

The MONEY has started to divert to STOCK MARKET.

THIS BULL TREND HAS JUST BEGAN.

IF you have no exposure in STOCK due to certain reason, you are going to see your CURRENCY NOTE depreciating in term of purchasing power.

Enjoy the bull & take benefits from it, this is a way to grow your wealth.

HERE IN MALAYSIA,, THE TREND IS OBVIOUS :-

PROPERTY, INFRASTRUCTURE & PROJECTS.

OF COURSE I AM REFERRING TO STOCK COUNTER.

Learn More On Hong Kong & Learn From The Success Story/Skill

Due to the my plan to Invest more in Hong Kong market, I have start searching for the Hong kong stock via some HK web site & subscript to 2 internet based financial daily, read some books written by the successful investor ie 周顯 & 曹仁超.

Both are successful investor & their story will enhance our investing skill & knowledge.

YET THEY ARE DIFF IN INVESTING METHOD.

Take Position to benefit from the SHIFT from West to East,

The continue weakness in US$ & the surge in Asian currency has again confirm the SHIFT OF FUND from The West to The East. Esp the Asian + 3.

An active investor should be able to notice this Megatrend & take position in advance to reap benefits from this SHIFT.

Diversify your fund to invest in this region is a must in order to get max returns for your investment. Singapore & HongKong market is the most important market in this region, Singapore is the financial centre in Asean & Hong Kong is a gateway to China. You must not miss this two in your investment diversification. Allocate atleast 30% of your fund into this market.

Back at home in Malaysia, The Govt have just announce it's Economic Transformation Programme (ETF), the development focus will be in Greater KL & Nusantara in Johor.

PROPERTY & INFRASTRUCTURES PLAYER WILL BE THE MAIN BENEFICIARY FROM THIS DEVELOPMENT.

I have take a position in UEMLAND, LIONIND, BSTEAD, TA GLOBAL & DNP.

THE COMPANIES THAT HAVE EXPANDED TO CHINA & THE REGION IS ANOTHER BENEFICIARY FROM THE SHIFT.

AIRASIA, PADINI, PARKSON ARE ALREADY IN THE RADAR SCREEN OF INSTITUTIONAL PLAYER.

While the smaller player like FACB, Salcon, need time to prove their achievement in China Story'
You will be rewarded if they succeeded in their venture in China.

THE PROPERTY MARKET IN ASIA HAS SURGE TO RECORD HIGH IN PASS ONE YEAR, THE FUNDS WILL DIVERT TO THE STOCK MARKET AGAIN & THE BULL WILL BE BACK & SURGE NEW HIGH !

INCREASE YOUR POSITION WHEN MARKET PULL BACK & LET THE PROFITS RUN.

ASIA, ASEAN, PROPERTY, STOCK, COMMODITY

The US & Europe led advance economy is remained low growth.

The US's Fed continue it's loose monetary policy & continue the almost zero interest rate & export it's cheap cost USD.

The Chinese Govt has started to reduce their USD holding & diversify into other countries' currency. Who dare to hold USD anymore !

The hedge fund or speculator can easily borrow USD with low interest rate & invest in emerging market, esp China led ASEAN.

Now we see the inflow of western cheap, hot fund into ASEAN+3 property & stock market.

The play up the property in ASIA ( esp South East Asia ), Chase up Equity.

The inflow of this hot money will kick-start a BULL run in ASEAN.

IF YOU ALREADY HAVE A POSITION IN STOCK,

'LET THE PROFIT RUN ' is the BEST STRATEGY.

Jamal was removed from 988 morning Talk Show- FURIOUS

Jamal was removed from this popular morning talk show.

The main reason was : 'FREEDOM OF SPEECH'.

HE ALWAYS SPEAK OUT THE PEOPLE'S VOICE TOWARDS BETTER GOVERNANCE, DEMOCRACY & JUSTICE.

THIS IS A POPULAR TALK SHOW AMONG THE CHINESE COMMUNITY.

NOW HE WAS REMOVED DUE TO POLITICAL INTERVENTION.

'FURIOUS' BEST DESCRIPT MY FEELING NOW.

WE DO NOT HAVE THE POWER TO STOP THIS HIDEN HAND OF THE RULING BN GOVT,

BUT WE (THE RAKYAT) DO HAVE A POWER TO CHANGE THE GOVT, BY VOTE