DRB-Hicom Bhd, a Potential Stock Tends to go Higher!

Over the last few weeks we saw Proton share was given the opportunity to climb higher and higher until the price was seen dormant at RM 5.40 price. It was said  that the share will be bought by DRB-Hicom Berhad Conglomerate at the pricing deal of RM5.50, for a total cost of 3 billion ringgit. The deal was announced on January the 16th. On the announcement date, the Proton's share and the DRB-Hicom share  were suspended. After the opening hour, the next day the price of Proton has arisen up to RM5.47, before it was closed at RM5.41 on that same day.. Since then, the price of Proton never rose, only fluctuated within a very close range.
While within that same  period the share of DRB-Hicom only showed a little sign of positive momentum. However, a few days later, the DRB share began to show sign of increment..  On January the 17th, the share was closed at  RM 2.10, and on January the 31st, the share price has touched up to RM2.87. What a great debut!

        Daily Closing Price for Proton and Drb-Hicom as date stated

The sign of buying opportunity was traced on the 20th January. Look at the chart to see the outlook

On the 31st January the stock price still increasing and closed at RM2.83. Don't be greedy, and watch out when the big selling out  is seen.
Stay tune.

The Big Players On The Sidelines-Waiting For The New Leads!

Previously,the Dow Jones, The Nasdaq  and the all the World Index were seen tremendously dropped not really because of the economic's uncertainty as a whole, but due to the unidentified rumours created by certain groups of individuals within the market itself! It was unbelievable to agree at this level to find that the stocks went down so steep without warning.
I stayed out for a while since my views always contradict to what the real stocks behaved,especially at this current situation. I don't know when this type of fluctuation would last, but  I hope this short coming will ignite some clue to detect some few stocks that encourage certain quarters to hunt for the profit.
What I could say that the way the stocks moved, looked as if someone has some controlled on the movement of the stocks.The stocks followed according to what they need! To make sure try and monitor the trends, especially the high volumes occupied stocks(klse stock exchange), such as Mieco, Siggas,Tmclife,Maxis, Cimb and many others, that no need for me to mention all of them. I feel that the small investors are very afraid to go in,especially those contra players. They go in, and get out in the afternoon, by a daily basis trading, if they thought that there is no hope of getting profit, or thinking that the stocks might sink any further.

I would like to share the newly uptrend's stock, Tejari's latest info, released by the Bursa Saham Kuala Lumpur. On the 17th Ogos 2010, Tejari was granted a Multimedia Super Corridor status through its subsidiary ICT Utopia Sdn Bhd. I hope you have time to watch out this stock at your local bourse, since its probability to move upward is great!

The DJIA Should Penetrate The Resistance of 10,200 Level Before Proceed To The Next Level Of 10,500

Now , we could see the stock exchange index advancing without any sign of gestures from the qualified great leaders. The bad rumours still circulating the globe, but with a very light reminder. After a few days of heavy selling,  the stock then remained silence, why? The possible reason is the contrarians were remained afraid to join the crowd.

Look at the 5- day daily movement of DJIA from July the 1st to July the 8th. Get focus on the  7th  and on the 8th ,before joining the crowd. But if there are good news given especially by the pure and the releven sources, then it's time to take the advantage.
We study the DJIA because this is the number one to refer. With my experience in the stock's investment, when  the Dow condemned, all the world's stocks also experienced the worst. Please make note on that, though there are some few stocks that remained stubborn to follow the current direction, due to certain circumstances.

The Global Stock Market Starts To Make Profit... For How Long!

The European Markets were seen gaining momentum,started as early as the 9th Jun 2010, after having experiencing for the sharp losses since late April 2010. So lots of bad news overwhelming the globe, so stocks continued to advance in a negative territory, for nearly 2 month. That is not too bad for the stock's loss,when compared to the great collapse of the World Trade Centre many years ago. I hope that everybody knows the reasons behind the situation. The reasonable doubts that cannot be answered.

My simple technical analysis, would say that, go for the profits, where there is a time for you to sell, and again, go for the profits, where is a time for you to buy. The problem is, how to trace these two critical episodes, so that we don't suffer much losses from stocks investment. Alright, let us look at this stock chart, that is our klse Composite Index. The Round Labels show where the big investors leave the market, and the Square Labels mark the time they come again to buy the stocks. Now, these few days they are getting profits!  Are you sure they are leaving? Next week, the historical episodes will remind everybody! The idea is not to stop your on doing business, but to check the reality of stock investing. Be always alert.

Positive Reports On U.S Jobs Market & China Export Trade Surges The Dow

At 10.32 p.m, (the Malaysian time zone), we see that the Dow Jones has passed above 10,000 level. Infact the Dow Jones index has jumped more than 200 points after 1 hr trading. AP reports about the U.S jobs  data and the improvement in the China Trade, has influenced the investors to join the market. How and where the AP got the news was not very clear. We hope tomorrow there will be no news that makes the investors to run away like hell! Normally at this choppy markets, when the players have already have profits, they try to create all sorts of stories that dips the market.,so that they could come again on dip!
Anyhow, we hope that, the practice won't influence much on our klse sharemarket. Accordingly, looking at the charts, the stock exchange market is likely to maintain and build a support at 9800 level for the Dow Jones (DJIA), before starting to move  some more...coming ahead! Or if not so, at least give some profits within this immediate term trading sessions.

Dow Jones immediate support level is around 9800 and the resistance is somewhere around 10200

Klse Composite Index, support level is around 1280, while the resistance is at (1295-1300).

See whether tomorrow is the right time to go in! How is your opinion? I hope you could give some

comments for us to discuss .

How Strong Is Our Klse Compared To Other Bourses In Asia?

 Kuala Lumpur Stock Composite on 31st May 2010















Hongkong Hang Seng Composite
(Intraday Tracking on 31st May2010 )                                                       

Nikkei , Japanese Composite Stock                                                                                                            

 ( Intraday Trading  on 31st May                                                                                                                  2010)                                                                                                                                                                                                                                                                                                        

Stock Prices Today May Leads to More Buyers Tomorrow!

Luckily, the leader of the world's stock(DJIA) retreated not more than 100 points yesterday. Do you think that is the end of the bottom- most of the bottom? All depending on the stock investors to decide. Previously,they've sold out vigorously, everything in their hands. Only the stubborn  stock investors that remains solid in the stock market. They don't bother what ever happened to their stocks since they feel that one day,sooner or later the stocks will advanced again. Yes,who are these fellows! Period. It's not our entity to judge who they are?
Today, all the world's stock advanced prettily. The Hang Seng, the Japanese Nikkei 225 and the Shanghai Composite also showing good performance. Our bourse,the KLSE also following the same pattern. The European Stocks, at the beginning of the trading session showing the same rally. We hope the Dow Jones tonight will gesture the end of the short term downtrend, and so tomorrow, what do you expect?

Today,in the klse trading, some investors have already making profit. Tomorrow they will be coming again, if there is any positive sign from the world stock leader! Besides the composite stock that arose competitively, there are also stocks, that made some great debut. The Green Packet has increased more than 0.10 sen compared to yesterday's price. While the Keuro still making some profit. But, be alert since this stock has long been seen trading on the uptrend rally. Normally the investors will start to shift to other counters. I hope you could give some comment on this input. Thank you.

Keuro- 5-Day Tracking.
Look at the yesterday's movement!
(27th May-be careful at this level)

Keuro simple technical analysis