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Monday, August 15, 2011

413pm Just back from lunch, Take profit on DVM this morning now news is out new share holders removing 4 directors Will be monitoring Market is in the positive area need to go back to 1520 level to be on more stable outlook DJ closed @11269.02 up +125.71pts need to go back to 15600 level SnP 1178.81 up +6.17pts Did not take any position to day just watching Saw Airasia moving but no interest foreign holding quite high n price @ this pt is also too high for my liking.Will wait n see how it will play out Ramunia slowly creeping up KLCI closed 1499.74 up 16.07pts

rumours news and views weekend 15 Aug

MCA-buying menara MPHB * MPHB issue shares @230 to buy MAGMUN
                                 MPHB-Dynamic Pearl=AA Anthony
                                                                      JBS Asset Management
                                                                      Multi-Purpose Insurens
                                                                       4600arces of land near Pengerang
                                                                      Setapak Rawang KL n Penang JV Bandaraya Development

Hirotako- Benefit from new requirements -Airbags and Seatbelts

DVM-2 new substantial holders = Christian Kwok n Yau Heilesen buyer
                                                 =Raymond YipWai Man buyer
MD Datuk Goh Kian Seng selling down his stake

klci biz 12/8

retail is still jittery today only local r nett buyers on selected index link counters