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31Dec/092

NTPM (5066) – 2nd Quarter Result For The Financial Year Ended 31/10/2010

NTPM (5066) - 2nd quarter result for the financial year ended 31/10/2010 posted 6 months net profit 28.590 millions. If compared with last financial year's 2 quarter results, it has increased 50.70%.

20Dec/090

Nestle (4707) To Replace Parkson (5657) in FBM KLCI

According to The Star, FTSE Group, the index company, and Bursa Malaysia Bhd announced that Nestle (M) Bhd - Nestle (4704) would replace Parkson Holdings Bhd - Parkson (5657) in the 30-counter strong FTSE Bursa Malaysia KL Composite Index.

The replacement will take effect on on Monday, 21 December 2009. The reason why the replacement is made is not mentioned either in the article or the FTSE Group's announcement.

I think they replace Nestle with Parkson in FBM KLCI is because of the Nestle's stock price is much less fluctuate than the Parkson one. In this case, the FBM KLCI will look much more stable and also to prevent speculation on the index.

10Dec/090

No More Small Packs Of Cigarettes

Starting from 1st  June 2010, the sale of cigarettes in packets of less than 20 sticks will be prohibited, as notified by the Ministry of Health on 1st December 2009. Cigarettes companies are given seven months from now until May 31 next year to dispose of its stocks of cigarettes in packets of less than 20 sticks.

Pack of cigarettes, close-up

29Nov/090

Dubai’s Debt Crisis Rattled World Financial Markets

The news on Dubai debt delays on last week cause the world stock markets to fell with a quit significant amount. Is this the indication that the world financial crisis is not ended?

HSI (Hang Seng Index) felt 1075.91 to 21134.50 (-4.84%), SSE (Shanghai Stock Exchange) felt 74.72 to 3096.26 (-2.36%) and (DOW) Dow Jones Industrial Average felt 154.48 to 10309.92 (-1.48%).

Luckily Malaysia was having holiday due to Hari Raya Haji celebration on last Friday, therefore FBM KLCI is not affected at this moment.

What will happen to FBM KLCI on Monday? I guess there will be a lot of people panic selling their shares to have some cash on hand. I think I will wait and see and buy on dip on those good fundamental counters especially blue chips.

26Nov/090

Genting (3182) – 3rd Quarter Result For The Financial Period Ended 30/9/2009

Genting (3182) - 3rd quarter result for the financial period ended 30/9/2009 posted a nine-month net profit 798.940 million. If compared with last financial year's 3 quarter results, it has increased 15.77%.

23Nov/090

Malaysia’s 30 Most Valuable Brands

Malaysia's 30 Most Valuable Brands is a list compiled by The Edge Malaysia investment magazine for the week November 23 - November 29, 2009. 3 of the stock counters that I have are in the top 30 list (PBBANK - 1st, NTPM - 28th and DIGI - 7th), not too bad. I know I'm on the right path.

19Nov/092

Maxis (6012) First Day Listing

Today is the first day Maxis being listed on Kuala Lumpur Stock Exchange (KLSE). Shares of Maxis, which were actively traded, rose 40sen against its reference price of RM5. Today Maxis highest price is at RM5.50, lowest price is at RM5.20 and closed at RM5.42.