USAHAWAN UNIT TRUST PUBLIC MUTUAL

kirawang

kirawang

jel, kenapa dengan co kau..
Dikenakan tindakan dengan SC ke..

pasal dia punya compliance officer dia banyak sangat mengular..
kan baru je audit..

{:2_77:}

Jelita

kes lama aaaa sajangnim..thun 2007

yg audit nih....jab lagi ada exit meeting. so far no findings yahoooooooooooo!! :pompom:

whomyd

RIP MJ....

skywalker107

opening pagi td dah cun dah 1080
pastu cantekkkkk je dia turun :eek:

kirawang

RIP MJ....
whomyd Post at 26-6-2009 10:28

apa yang kau merepek ni humaidi...

bulan 12 tak lama lagi je...

kawan kau balik tawau, nak suruh mak carikan jodoh dengar cerita...
nak kawen sama org kampung ..
dia ikut hang cari org alor setaq..

hu..hu...huu..

kirawang

2565# skywalker107


sky, sekarang ni kau pandai baca klci yee...

ingat posting kau yang dulu dulu dulu,..

macamana nak baca benda ni eekkk....

kirawang

dalam NST today, email pd u all punya clients..

S&P lifts KLCI’s year-end target to 1,150
By Chong Pooi KoonPublished: 2009/06/27
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S&P's top property picks are Sunrise, Mah Sing, KSL Holdings and Selangor Properties, and it favours Public Bank, AMMB Holdings and RHB Capital for banks  


Standard & Poor's Equity Research has raised its year-end target for the Kuala Lumpur Composite Index to 1,150, saying that a potential economic recovery in the last quarter this year may boost bank's earnings.

Its top picks for banks are Public Bank, AMMB Holdings and RHB Capital.

S&P is putting its next year's KLCI target at 1,300, indicating a 21 per cent potential upside. The benchmark index closed at 1075.77 yesterday.

It expects the US economy to return to a 1 per cent expansion in the final quarter as housing prices and home sales bottom out, and has projected a better economic performance in Malaysia than the official estimates. The various stimulus plans by governments in Asia will work to lift economies in the region, S&P head of Asia equity research Lorraine Tan said.








It expects Malaysia's economy to shrink 3.3 to 3.5 per cent this year, better than the government's projection of a 4-5 per cent contraction.

"Like in most parts of Asia, the worst in Malaysia's GDP (gross domestic production) has probably been seen in the first quarter. The second quarter GDP is probably still down from last year, but there will be some pick-up," Tan said at a media briefing in Kuala Lumpur yesterday.

Still, the second half could be more challenging for Malaysian stocks, since the market has already priced in a fair bit of corporate activity improvement next year.

"At this juncture, there is risk to the 2010 corporate earnings outlook, should rising interest rates, tax rates and a weak US dollar continue to dampen US consumption and slow Asian and Malaysian export recovery," Tan remarked.

S&P has projected Malaysia corporate earnings to grow again next year at 11.7 per cent. This year, it expects companies to report 13.7 per cent earnings contraction.

"We remain positive over the mid-long term on stocks but the short term is subject to further consolidation," she said.

Apart from banks, it also likes property stocks, saying that it expects demand to stay firm because the record low mortgage rates are providing more incentives to buy house than to rent.

Malaysia's real estate prices are also among the cheapest in the region, S&P said. Its top property picks are Sunrise, Mah Sing Group, KSL Holdings and Selangor Properties.

Investors may find opportunity to pick up shares of energy and materials, like steel and cement, when market dips in the near term, S&P said. However, it remains wary of autos, airlines and shipping stocks.

kirawang

Outlook

The KLCI's brief and short technical pullback hit its intra-week low of 1,028.14 on Tuesday, staging a successful re-test of this column's envisaged support zone (1,022 to 1,056 levels).

Subsequent technical rebounds sent the KLCI to its intra-week high of 1,081.83 yesterday, moving into the confines of this column's envisaged resistance zone (1,062 to 1,096 levels).

Despite a sharp technical pullback last week and the rebounds during the week, the KLCI continued to stay comfortably above its immediate downside support (See KLCI's weekly chart - A3:A4). It continued to stay above its resistance-turned-support trendline (A7:A8).

Chartwise, the KLCI's daily trend continued to stay below the support of its revised intermediate-term uptrend (See KLCI's daily chart - B7:B8) over the last five trading days. It stayed decisively above its intermediate-term downtrend (B5:B6).

The KLCI's weekly fast MACD (moving average convergence divergence) indicator stayed above its weekly slow MACD yesterday. Its daily and monthly fast MACDs continued to stay marginally below their respective slow MACDs.

The KLCI's 14-day RSI stayed at 60.03 per cent level on Thursday. Its 14-week and 14-month RSI stayed at 65.97 and 50.61 per cent levels respectively.

Last week, this column commented that key heavyweight index-linked counters would continue to maintain their technical composure in holding the KLCI from slipping further. It did.

The KLCI managed to reverse to the upside after hitting its intra-week low of 1,028.14 on Tuesday.

The KLCI is likely to hold on to its technical composure in its run-up to the window-dressing exercise on June 30.

Thereafter, the KLCI will ease off to consolidate its recent gains during the later part of next week.

Next week, the KLCI's envisaged resistance zone hovers at the 1,079 to 1,113 levels while its immediate downside support is at the 1,038 to 1,072 levels.

kirawang

A potential new bullish wave
Trend Analysis
By K.M. LEE


REVIEW: Bursa Malaysia opened the week on a mixed note, with the benchmark Composite Index (CI) rising 2.38 points, or 0.22% at 1,061.88 amid advances in selected blue-chips. Elsewhere, second and third lower were mostly unchanged.

However, the gains could not be kept for long, as a pretty unclear picture from the US offered no clues about sentiment and little direction to local investors. Though the Asian peers managed to bounce back to life after a shaky start, supported by buying of defensive issues and financial sector, the CI soon headed south on renewed pressure, as more investors fled to the sidelines, simply because the local bourse was already on a downward correction following a 30.65-point plunge the week before.

In an unprecedented move, the key index sagged to an intra-day low of 1,040.40 before recovering a little to end at 1,045.97, losing 13.53 points in lacklustre trade on Monday.

The market swooned again the next day, as sellers continued dominating the floor, at least in the morning session, spooked by a broad meltdown in overseas equities and a plunging crude oil.

Blue chips led declines in a sea of red, dragging the CI to an intra-day low of 1,028.14. At this moment, the local bourse had lost a total of 67.77 points, or 6.2% from the recent top of 1,095.91. Just when it looked frail and in danger of violating the 1,020 points support level, the local funds came to the rescue.

That has helped the key index bouncing off the bottom sharply later but was not good enough to send it to the positive territory. At the end of the regular session, Bursa Malaysia eased only a small sum of 1.49 points to 1,044.48 on Tuesday.

Thereafter, market sentiment took a change for the better, tracking the regional trend, aided by bargain buying after the recent steep fall, a quick rebound in crude oil prices and easing jitters about the global economic outlook.

Quality issues, which bore the brunt of the recent downward spiral correction, recovered handsomely on renewed institutional support, thus navigating the CI higher by 13.37 points to 1,057.85 in mid-week. It firmed an extra 16.26 points to 1,074.11 on Thursday and a further 1.66 points to 1,075.77 on follow-through interest yesterday.

Statistics: For the week, the CI scaled a sum of 16.27 points, or 1.5% to end at 1,075.77 yesterday, against 1,059.50 the previous Friday.

Total turnover for the week amounted to 6.656 billion shares worth RM6.935bil, versus 7.923 billion units valued at RM8.204bil traded a week ago.

Technical indicators: The oscillator per cent K and the oscillator per cent D of the daily slow-stochastic momentum index were on the uptrend after triggering a short-term buy at the oversold area on Monday.

Also on the upward momentum, the 14-day relative strength index mended from a reading of 32 to the 63 points level during the week.

Meanwhile, the downtrend of the daily moving average convergence/divergence (MACD) indicator had halted, but it retained the sell signal triggered on June 16.

Weekly measurements were mixed, with the weekly slow-stochastic momentum index in sell mode and the weekly MACD maintaining the buy call.

Outlook: The bulls were beaten to one-month low of 1,028.14 on Tuesday before striking back strongly on renewed optimism of the global economic recovery story, navigating the key index to a high of 1,081.83 during intra-day session yesterday.

Based on the daily bar chart, the CI had penetrated the short-term downtrend line, indicating the recent correction phase has ended. Judging by the solid underlying tone of the market, growing investors’ confidence as well as the “golden crossing” of the 100-day simple moving average (SMA) over the 200-day SMA that we pointed out a week ago remained intact, we see there is a great potential of the bulls constructing a fresh bullish wave going forward.

Perhaps, traders can start accumulating now, if one is optimistic. Otherwise, wait for a major breakout for confirmation, but by then, prices would be much dearer.

On the technical front, not all indicators on our radar screen are sending out bullish signal, but they are improving, implying there is still a chance of the market flirting sideways in the immediate term.

Tough resistance is expected at the 1,100 points mark, of which a decisive penetration will trigger a strong buy, also signalling the start of the new bullish wave, enroute to the 1,120 level, and afterwards to the 1,140-1,142 points band.

Support is envisaged at the 14-day SMA of 1,070, followed by the 21-day SMA of 1,067. Lower floors are resting at the 1,060 points, 1,050-1,052 points band, 1,036-1,040-point range, 1,020 points and the next, 1,000 points.

kirawang

errmmmmm.....

shopping di NY,,jom tam, LAT (pitis tengah banyak bulan ni, sorang customer je, terus dapat komisyen hampir 10 ribu ni...)

CEO: AirAsia keen to fly to US destinations
By LEONG HUNG YEE


SEPANG: AirAsia Bhd, which has just signed a sponsorship deal with National Football League’s (NFL) Oakland Raiders, is keen to fly to US destinations.

Group chief executive officer Datuk Tony Fernandes said the budget airline would fly to North America once it sorted out the legal issues and obtained clearance from the respective countries. However, he did not give a timeline.


Datuk Tony Fernandes (left) and Mark Davis at the briefing to announce AirAsia's sponsorship of the Raiders team.

“It (the United States) is a market that we’re very keen on,” Fernandes told a press conference to announce its sponsorship of the Raiders yesterday.

AirAsia also unveiled the Raiders’ aircraft livery. Also present at the event were Raiders owner Mark Davis and legends Ted Hendricks, Rod Martin and Cliff Branch. The team’s official cheerleaders Raiderettes were also present.

Its associate long-haul, low-cost carrier AirAsia X currently flies to several destinations in the region, Europe and Australia.

AirAsia X chief executive officer Azran Osman-Rani said the carrier was very “keen to secure rights” to the United States.

“The aircraft donned with the Oakland Raiders brand symbolises our ambition to open up the US market as our future growth area.

“We’ll be flying this aircraft into Oakland at the start of this coming NFL season,” Azran said.

Fernandes said the airline was looking at New York City, Los Angeles and San Francisco, and one day it would like to go to Hawaii.

“America is a new chapter for us. We’re reaching out to a new market. The partnership with Oakland Raiders is expected to be the catalyst in promoting the AirAsia brand in the United States,” he said.

He added that the partnership was part of its strategy to develop AirAsia into a global brand.

To a question, Azran said it had been discussing with the NFL team for about six months before the deal was concluded.

However, he declined to reveal the cost of the partnership but said it was a “long-term” plan.

“By promoting Malaysia in North America, we hope to bring more travellers from that part of the world to Malaysia, which will help boost tourism and the local economy,” Azran said.

On criticism that AirAsia only sponsored overseas sports team, Fernandes said it was among the top four local corporates to sponsor local sports teams.

“We have just sponsored the Malaysian Hockey Federation by being the title sponsor and the Women’s World Table Tennis Championships 2008,” he said.

In a separate press conference, AirAsia chairman Datuk Abdul Aziz Abu Bakar said it had been making monthly payments to Malaysia Airports Holdings Bhd (MAHB).

“However, there is a portion outstanding, pending decision on AirAsia’s requests for MAHB to review its charging mechanism,” he said.

Abdul Aziz said some Members of Parliament who brought up the issue had misconstrued that AirAsia had not paid MAHB since 2002.

“We have been paying MAHB on a monthly basis. For the first five months of this year, we’ve paid over RM40mil. AirAsia has, since 2003, paid MAHB a total of RM404mil. In 2008, we paid RM117mil.”

Abdul Aziz said AirAsia had been overcharged by about RM100mil by MAHB.

“Since moving to the low-cost carrier terminal in March 2006, AirAsia had been overcharged by no less than RM12mil.

“There are also growth incentives on the increase in the number of passenger throughput and landings worth no less than RM90mil, for which both parties have been in discussion but yet to reach a conclusion,” he said.

The issue was not about AirAsia not making payments to MAHB, Abdul Aziz stressed, adding that he welcomed the Prime Minister’s announcement on the appointment of a consultant to resolve this and other outstanding issues between the two parties.

kirawang

Analysts optimistic market is turning around
By TEE LIN SAY


HIGH take up rates for some recent property launches could be an early sign that the local property market is bottoming out and is starting to turn around like other regional markets after an 18-month slump, property analysts say.

They pointed to the fact that three project launches over the past month, from suburban mass market to high-end condominium projects, registered superb take-up rates within a week or two of their respective launches (see table). This can be attributed to attractive financial packages by some property developers.


An artist's impression of St Mary serviced apartments by Eastern & Oriental Bhd
Reflecting the improved market sentiment, residential housing loan approvals recovered 89% to RM6.3bil in April, after touching a low of RM3.3bil in January.

Perhaps the most compelling case was Eastern & Oriental Bhd’s (E&O) much awaited launch – the St Mary serviced apartments in the heart of the Golden Triangle, which recorded a whopping 85% take up rate during its preview launch on June 12.

This type of strong take-up is usually seen for landed properties in prime residential areas and not for high-end condos in KLCC.

While prices started at RM833 per square feet, the bulk of the 169 units offered for its East Tower was sold at above RM1,000 psf.

Property analysts who attended the launch preview say that the studio apartments were snapped up in minutes. “An 85% take up rate is hard to ignore. St Mary’s second tower will be launched six months later, at an estimated 20% higher price,” says a property analyst from Hwang DBS Research.

E&O is not an isolated case.

SP Setia Bhd’s Sky Residence, which is behind the National Heart Institute in Kuala Lumpur, recorded a 100% take up rate for its 220 units of Tower A apartments, selling at an average price of RM680 psf. Tower B has so far recorded a 50% take up rate. These condos too, have yet to be officially launched.

SP Setia’s Setia Walk serviced apartments (RM330 psf) and Setia Vista linked houses (RM600,000) in Shah Alam which were launched early this year have both recorded 70% take up rates.


Island & Peninsular Bhd’s 110 linked houses in Kinrara, Puchong were sold out in three days from its launch date of June 6.

Looking at the data from the Property Market Report 2008 released in May, it was verified that transaction values notched a brisk rate of 14.5% while the number of transactions went up 10%. Less surprising was the decent rise in house prices for most part of the country. Overall house prices appreciated 4.8% in 2008, matching the gain in 2007. Of the big-3 markets, Penang enjoyed the steepest appreciation of 10.4% while the Klang Valley gained 4.5%.

Meanwhile, the first upgrade in the sea of sell calls comes from UBS Research, which says that cheap financing available, low interest rates and a recovering stock market will fuel sentiment and create wealth that can be deployed into property.

“In the property upcycle that is just starting, we forecast residential property transactions in Malaysia to increase 10% to 15% per annum in 2010-2012 to RM59bil by 2012; starting with mass-market housing, then spreading to mid- to up-market landed residential properties and finally to up-market condominiums,” says UBS Research.

It adds that the overhang of completed and unsold properties in key markets of Klang Valley, Johor and Penang have also stabilised.

In value terms, the overhang is 7% of transaction in the Klang Valley, 3% in Penang and 37% in Johor. For the whole of Malaysia, the overhang is 11%.

While many may say that Malaysian property is barely affordable, UBS highlights that the estimated average house price in the Klang Valley was only RM291,477 in 2008.

CIMB head of research Terence Wong has a trading “buy” stance on the property sector for its leverage play on the broader market and bombed-out valuation.

“Although the outlook for the sector remains difficult, the sector held up better than expected in 2008. This increases the odds of a manageable consolidation for the industry in 2009, rather than a steep decline.

“SP Setia remains our preferred play on the sector for its excellent management, size and liquidity. Sector re-rating catalysts include a broad market rebound in the second half and attractive valuations,” he says.

Developers with new products to launch are E&O, SP Setia, DNP Bhd and IJM Land Bhd.

Upturn in Singapore and Hong Kong

In Singapore and Hong Kong, the trend has started convincingly since February.

Singapore released May new home sales on June 15. New units sold were close to the previous peak of more than 1,700 units for a single month in August 2007, at 1,668 units.

This is the fourth consecutive month that monthly new home sales had exceeded 1,000 units with high-end units moving fast. Prices transacted range from S$1,100 to S$1,600.

In Singapore, the queues are forming again. One example is the Vista Residence freehold condominiums by the country’s largest private property developer, Far East Organization. Of the total 282 unit, it has launched 52 and sold 38. The two-bedroom units are going at S$1,070 psf.

On the evening of June 24, buyers started lining up to buy the 68 units offered at Residences @ Killiney by Hoi Hup Realty Pte Ltd. Prices are assumed at US$2,000 psf.

Meanwhile, the Hong Kong real estate market is showing signs of revitalisation as the housing price index (which includes luxury residences) has risen 13.3% so far this year, and sales numbers have steadily increased.

By May 10, the index had reached 64.34, after rising for a five week period.

According to Hong Kong’s Land Registry, April saw an increase of home sales from 8.9% in the previous year to 9.86% this year. This is notably the first gain in the last 11 months – a good indication of better things to come. The value of unit sales rose 14.6%, the first gain since June 2008.

Luxury home prices in Hong Kong are Asia’s second-most expensive, and seeing an increase in prices in that market is certainly a sign that a turnaround is in the works.

With Premier Wen Jiabao’s US$585bil stimulus package, the outlook has certainly improved tremendously from the bleakness of a few months ago.

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skywalker107

2565# skywalker107

sky, sekarang ni kau pandai baca klci yee...

ingat posting kau yang dulu dulu dulu,..

macamana nak baca benda ni eekkk....
kirawang Post at 27-6-2009 16:40

bos tu cerita tahun 2008
masa tu CUTExam pun tak amik lg...

kirawang

bos tu cerita tahun 2008
masa tu CUTExam pun tak amik lg...
skywalker107 Post at 28-6-2009 21:58

haa..ha...

kita semua sama sky..

dari tak pandai, terus jadi pandai..

dari sales sikit, terus jadi banyak..jika kita gigih..
Yang penting usaha berterusan..

kirawang

Harga saham meningkat minggu ini
KUALA LUMPUR 28 Jun - Harga saham di Bursa Malaysia mungkin naik minggu ini kerana perkembangan pada persidangan Invest Malaysia 2009 berkemungkinan menjadi pemangkin bagi pasaran.

Seorang penganalisis berkata, para pelabur menunggu-nunggu pengumuman berhubung insentif bagi menarik pelaburan asing dan langkah-langkah liberalisasi bagi pasaran modal semasa persidangan itu.

Persidangan Invest Malaysia 2009 yang akan diadakan dari 30 Jun hingga 1 Julai di Kuala Lumpur, dihoskan oleh Bursa Malaysia dan CIMB Investment Bank.

Perdana Menteri, Datuk Seri Najib Tun Razak, akan menyampaikan ucaptama pada persidangan itu.

Pada minggu baru berakhir, pasaran menjejaki perkembangan dalam bursa-bursa serantau apabila harga-harga saham melantun pada hari Rabu daripada arah aliran menurun pada Isnin dan Selasa, ekoran kegiatan membeli saham murah.

Bursa Malaysia meneruskan arah aliran meningkatnya pada Khamis apabila sentimen dirangsang oleh keputusan Jawatankuasa Pasaran Terbuka Persekutuan untuk mengekalkan kadar pemberian pinjaman utama Amerika Syarikat (AS) pada paras rendah iaitu sifar hingga 0.25 peratus.

Kebanyakan harga saham melabuhkan tirai minggu lalu pada paras lebih tinggi dengan sedikit pengambilan untung menjelang hujung minggu.

Secara perbandingan Jumaat ke Jumaat, Indeks Komposit Kuala Lumpur (IKKL) mengakhiri dagangan minggu ini lebih tinggi pada 1,075.77 daripada 1,059.5 Jumaat sebelumnya.

Indeks Kewangan naik 29.47 mata kepada 8,523.17 daripada 8,493.7 dan Indeks Perladangan mengukuh 67.37 mata kepada 5,396 daripada 5,328.63.

Indeks Perusahaan susut 7.48 mata kepada 2,346.57 daripada 2,354.05 manakala Indeks FBMEmas melonjak 112.93 mata kepada 7,211.46 daripada 7,098.53.

FBM2BRD susut 15.35 mata kepada 4,798.8 daripada 4,814.15, FBM30 melompat 110.08 mata kepada 6,905.91 daripada 6,795.83 dan FBMMDQ hilang 22.54 mata kepada 4,116.97 daripada 4,139.51 Jumaat sebelumnya.

Jumlah dagangan minggu lalu merosot kepada 6.655 bilion saham bernilai RM6.932 bilion 7.921 bilion saham bernilai RM8.203 bilion minggu sebelumnya.

Di Papan Utama, jumlah dagangan mengecil kepada 5.757 bilon saham bernilai RM6.686 bilion daripada 6.505 bilion saham bernilai RM7.777 bilion.

Papan Kedua mencatatkan penyusutan jumlah dagangan kepada 475.424 juta saham bernilai RM168.85 juta daripada 915.214 juta saham bernilai RM319.262 juta.

Pasaran Mesdaq menyaksikan jumlah dagangannya berkurangan 280.855 juta saham bernilai RM49.336 juta daripada 345.965 juta saham bernilai RM65.39 juta.

Waran opsyen belian bertambah kepada 111.81 juta saham bernilai RM16.843 juta daripada 99.409 juta saham bernilai RM20.063 juta. - BERNAMA

kirawang

KLCI futures likely to push towards 1,100

THE Kuala Lumpur Composite Index (KLCI) futures June contract on Bursa Malaysia Derivatives closed at 1,079 on Friday. Open interests totalled 20,516 contracts last week.

The sighting of a commendable recovery back above the 1,050 level reinstated optimism into the market after the selldown to a low of 1,031 in the previous week. Strong bullish sentiment pushed the spot contract above the primary resistance line at 1,050 - pacifying some traders who were anticipating a deep decline to the next support level at 1,020.

Given the volatility in the futures market, it would not be surprising if this trend continues to dominate trading this week. The push to the 1,100 line is likely to continue given the resurgence in market momentum.

Having experienced a straight fall to the low of 1,031, some traders may still be holding on to their buy positions, judging by the fact that open interests did not decline substantially despite the fact that the June contract has only two more days to expiration. The June contract is now at a 4-point premium to the cash index.








Technically, the Relative Strength Index (RSI) and the Commodity Channel Index (CCI) have formed a hook-up angle at the tail-end, highlighting prospects for further uptrend. As the RSI has yet to push into overbought territory, there is still upside potential although momentum may have slowed down.

The weekly indicators experienced a minor blip last week and with its rising trend intact the spot contract is likely to push higher.

Tactically, we may see a more aggressive spot contract this week. Determined bulls are more committed in the market and are likely to forge ahead. Under this settings the spot may be compelled to challenge the 1,100 pyschological line.

Technical reports

The Moving Average Convergence Divergence (MACD) indicator remains negative with the faster below the signal line. Both lines are at the positve region.

The daily RSI closed at the neutral.

The daily CCI finished at the neutral.

[email protected].

The subject expressed above is based purely on technical analysis and opinions of the writer. It is not a solicitation to buy or sell.

kirawang

Technical outlook

The domestic stock market closed lower on Monday, depressed by sharp losses in lower liners led by construction and property stocks related to Iskandar Malaysia in Johor. The KLCI tumbled from an opening high of 1,061.88 to a low of 1,040.4 that day. On the next day, while Asian markets dived after the World Bank forecast a deeper global recession this year, the KLCI staged a rebound from an early sharp dip to a fresh five-week low of 1,028.14 prior to closing at the day's high of 1,044.48 to form a bullish "hammer" reversal candle.

The market subsequently sustained strong gains in the next three days for a V-shaped technical rebound to peak at a high of 1,081.83 early Friday, before profit-taking and selling activities ahead of the weekend caused stocks to close off best.

The sharp correction in lower liners, especially in construction and property stocks related to Iskandar Malaysia, found bargain hunters which eventually lifted prices significantly off lows in a strong three-day technical rebound.

The daily slow stochastics indicator for KLCI has returned to the overbought region following last week's strong technical rebound (Chart 1), while the weekly indicator continued hooking down to maintain a bearish divergence signal. However, the 14-day Relative Strength Index (RSI) indicator has recuperated, going above the 60-point mark, together with the 14-week RSI which re-hooked upwards for a reading of 65.97 as of last Friday.

Meanwhile, the daily Moving Average Convergence Divergence (MACD) trend indicator also rehooked upwards to indicate a lessening bearish trend, but the weekly MACD continue to level off, suggesting further gains will be essential to sustain any bullish trend ahead. On the 14-day Directional Movement Index (DMI) trend indicator, the ADX line continued to deteriorate to a reading of 29.05 last Friday, but the +DI and -DI lines has a bullish crossover to reverse early last week's sell signal.

Conclusion

Save for the daily and weekly slow stochastics momentum indicators for KLCI which are overbought as of last Friday, most other indicators have returned to bullish mode. Nonetheless, given the weaker buying momentum last week, investors should stay cautious as further strong gains this week will likely attract strong profit-taking and selling interest to limit upside potential. Moreover, the major resistance of the 200-week SMA, which is currently at 1,095, should see strong stale bull selling interest which will need robust buying momentum to overcome.

As such, maintain the view to "sell on rally" lower liners, especially the construction, property and steel related sectors as they have enjoyed strong gains to re-visit recent highs. However, maintain a bullish view on oil & gas-related stocks such as SapuraCrest, Perisai Petroleum and Scomi Group, given the firm crude oil prices due to high possibility for rising inflation to lift commodity prices higher going forward.

For this week, a further rally towards the formidable 1,095 resistance will be a very good opportunity to SELL trading positions and benefit from the expected first half window-dressing gains, as profit-taking correction is imminent once the window-dressing is over. On the downside, look for immediate support at 1,062, which represents the 50 per cent Fibonacci Retracement (FR) of the sell-off from 1,095 to 1,082 last week, with the 30-day SMA at 1,059 and the rising lower Bollinger band at 1,042 acting as stronger downside cushions.

The subject expressed above is based purely on technical analysis and opinions of the writer. It is not a solicitation to buy or sell.

kirawang

sky, kau kerja kuat, next year, kau tangkap menatang ni..

mesti auntie jel meleleh air liur je..




The BMW Z4 zooms in
By Zuraimi AbdullahPublished: 2009/06/19
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The Z4 for the Malaysian market is available in two versions - the sDrive35i and the sDrive 23i  


BMW Malaysia Sdn Bhd yesterday unveiled the Z4, a new addition to its roadster stable.

As the German marque's first roadster with an automatic retractable hardtop roof, some BMW officials say even owners of the flagship seven-series would yearn to have one of these cars in their garages.

The Z4 is off to a promising start with a global delivery of 2,365 units since its international launch last month.

It follows the successful 200,000 worldwide sales of the previous model, which was introduced in 2002.








"In Malaysia, the BMW Z4 leads in its segment, accounting for 51 per cent of cars sold over the last three years," BMW Malaysia press and corporate affairs manager Vijayratnam Tharumartnam said.

The Z4 for the Malaysian market is available in two versions - the sDrive35i and the sDrive 23i.

The three-litre Z4 sDrive35i sells at RM558,800, while the 2.5-litre Z4 sDrive 23i costs RM411,800. Both the prices are on-the-road without insurance.

The roadster sports several new enhancements including better head and elbow room for the passengers as well as an improved degree of comfort when entering it.

The two-section roof system features a lightweight aluminium shell design which opens and closes at the touch of a button in under 20 seconds.

The two-seater convertible has luggage capacity ranging from 180 litres to 310 litres.

Besides the retractable hardtop, another first for the Z4 is the latest generation iDrive control system.

The iDrive is integrated into the instrument panel using a folding control display. It comes with eight favourite buttons on the centre console to enable users to directly retrieve saved radio stations, telephone numbers, navigation destinations and all menu items.

skywalker107

sorry la bos kurang minat la dgn Z4 ni
sebab pd pendapat patik




bawak benda alah ni 80 juta kali ganda lebih macho drpd bawak bmw

kirawang