Thursday, October 28, 2010

Welcome to StockCharts.com

http://stockcharts.com/


Welcome to StockCharts.com!
Who thought making great looking financial charts could be so easy? We give you the tools, the educational information, the expert opinions, and the support you need to improve your investing. While anyone can use our free tools, subscribers get access to real-time data and much more.

This is the website my friend(over the cyberworld, difficult to call someone a friend) Smartbiz from http://sensecents.blogspot.com/ recommended to me, after few days of reading through, I agree with smartbiz this is one of the best website that teach chart analysis. start with Moving Average. I like the simple description and presentation of the various technical indicators.

You should start reading from:
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators

Wednesday, October 27, 2010

STOCK PICK FROM JUPITER

Sector to watch out:
Plantation. O&G and Steel.

Plantation:- TDM, TwsPlant, Rsawit, Swk oil Plams, TSH QL.

O&G: EPIC, Dayang, Handal& Kencana.

Steel: Ann Joo, Lion Industry, Hiap Teck, CSC Steel.

Timber :- Jaya Tiasa, Classic Scenic, Eksons.

Health care:- Topglove, Supermax, Kossan, Faber, KPJ.

East Malaysia:- Sarawak Cable, Cahaya mata, Naim, HSL.

ETP: Zelan ( for trading only), MRCB, AZRB, MahSing, Paramount, Hua Yang.

Transport: AirAsia, Tasco, Airport, Konsort.

Motor:- Tchong, TSM, APM, Proton.

BUY AT YOUR OWN RISK, I DO AGREE WITH SOME BUT NO TIME TO LOOK INTO THE FA AND TA(oh I started learning some TA after my friend Smartbiz post me a good website)

The Rubber Glove Industry

again from Mr Kok, thanks, I am not buying CPO, Rubber Glove,but concentrating on some small property laggards(a meaningful and yet useless term,as expert used to say leader will always be leader and laggards will forever be laggards, is that so, I dont know ....what I want is my 20%(or ~15%if situation change)profit and looking at these rather small counters with minimal downside risk(I said so)I can have peace of mind.

The Rubber Glove Industry
The Pessimistic Outlook … dated Oct 2010


The Malaysian Rubber Glove Manufacturers’ Association’s (Margma) move to urge its members to increase selling prices, which are denominated in US dollars, seems like rain in the dry spell for the glovemakers.

Margma’s statement is an influential one considering that its 45 members collectively supply 60% of the world’s rubber glove demand. According to Margma president KM Lee, the price increment is about 10% to mitigate the effects of costlier raw materials and a weakening US dollar.

In fact, the majority of glove producers, especially the bigger players, have raised prices of their products. The early birds had done so as early as the beginning of 2010, while some initiated price hikes in Sept – Oct 2010.

The 10% increase took into account that latex constituted some 60% of production cost and the 19% rise in natural rubber or latex prices since early 2010.

In reality only 80% of the price increment will be borne by the customers, and the glovemakers will still have to absorb the remaining 20% of price adjustment. This is the common practice in the industry.

So is the 10% price increase enough to cover the rise in costs and to offset the foreign exchange effect caused by the stronger ringgit?

The price of latex rose by 19% from an average of RM6.57 per kg in January 2010 to a high of RM7.79 per kg in late Oct 2010.

Demand for natural rubber is outstripping supply, due to growing consumption of the commodity for tyre production in growing economies, such as China and India’s automotive industries. Also, the pace of natural rubber production is not keeping up with demand. Apart from weather problems, planters are also reluctant to start replanting activities, causing a fall in production yield.

Meanwhile, the ringgit has strengthened 9% to RM3.12 against the US dollar so far till Oct 2010, helped by the inflow of foreign funds.

Industry players said the issues of costlier natural rubber and stronger ringgit were not new to glove manufacturers. However, the real issue is overcapacity due to consistent capacity expansion in anticipation of constant demand growth due to the outbreak of diseases in the past.

Apart from the capacity expansion among the Malaysian players, there are also new glove manufacturers sprouting up in South America.

It remained to be seen if the 10% hike in glove prices was sufficient to cover the higher costs. This takes into consideration that latex rates are still high, and the overcapacity environment within the glove manufacturing fraternity will also reduce plant efficiency.

Players are also undercutting each other.

4Q2010 & 1Q2011 to be tough for the industry in anticipation of weaker quarterly growth.

In view of the overcapacity landscape, it is likely that players will have less bargaining power to pass down the higher cost to buyers.

The Optimistic Outlook … dated Oct 2010

Nonetheless, some industry observers view that concerns about overcapacity, margin and earnings pressure from the normalising of glove demand, high latex prices and weakening US dollar have all gone overboard.

It concurs that the slowdown in demand, coupled with slower-than-expected cost pass-through due to high latex prices and the weak US dollar, could lead to a continuation of the weak earnings trend for the glove makers. But this is a temporary situation as growing hygiene awareness and increase in healthcare spending should give glove demand a big helping hand.

The glove demand growth is still deemed healthy and glovemakers’ pricing power would still allow them to pass on the additional costs to customers, albeit, with a time lag of one to two months.

Higher latex prices had prompted anticipation of lower demand for natural rubber gloves, and vice-versa should latex prices decline.

Going forward, dynamics in the glove manufacturing industry will be closely watched given the current challenging operating landscape. It will be interesting to see how the players execute their revenue-growth and cost-cutting strategies as they contend with the headwinds.

Tuesday, October 26, 2010

The CPO INDUSTRY

This is the work of a remiser Mr Kok, thanks for sending me this , please send more.

The CPO Industry

Optimistic Outlook … dated Oct 2010

The CPO prices are close to rm3000 per tonne level. With CPO on an uptrend, plantation stocks enjoyed a strong flow of funds.

The spike in CPO prices came after the release of a report by the US Department of Agriculture on Oct 8, 2010, which downgraded its forecast of soyabean harvests in North America.

Soyabean output in the US is expected to be lower than projected in Sept 2010 but higher than last year. Rainfall in Aug 2010 failed to boost yields, prompting the government to reduce its acreage estimates.

While weather concerns gave largely driven commodity prices till Oct 2010, market observers say the soyabean supply crunch certainly took the market by surprise as the report changed the outlook for oilseeds for the next six months (Oct 2010 – April 2011).

The report caused soyabean oil prices to jump as concerns over tight supply hit the market. Given that CPO prices move in tandem with soyabean oil prices, things are certainly looking for palm oil, at least in the near term.

CPO prices may be ripe for a further upswing, given the USDA’s downgrade of soyabean crop estimates and the threat to oilseed and edible oil supplies posed by the ongoing. This also coincides with anticipated drop in palm oil yields in 4Q2010 and 1Q2011 due to last years (2009) drought.

An upgrading of CPO prices also led to upgrading the FY2010/FY2012 earnings of all the planters. The PER of big cap planters in Malaysia is at 16 times.

Industry players are bullish about the sector for the next six months (Oct 2010 – April 2011), with a preference for planters with pure CPO play. The stocks will definitely be on uptrend. And should the US carry out its second round of quantitative easing. It will bring liquidity into the market and push prices even higher. But the fundamentals are there to support the share price rallies.

Now (Oct 2010), the tide has turned, plantation stocks in the region are seeing the return of foreign interest.

However, Malaysian plantation stocks may not attract the same kind of attention from foreign investors as they are trading at a premium to their Singapore and Indonesian peers. The PERs of the plantation stocks in Malaysia are in the high teens while those of the Singapore and Indonesian planters are around 13 times to 15 times.

Nonetheless, with the economy picking up and what looks like the start of a strong rally in the plantation stocks, foreign funds looking for exposure in the local index may start considering these counters.

News report say that CPO might rise to RM3600 per tonne by 1Q2011due to potential shortfall in supply. CPO may hit all time high of RM4486 in March 2008. While this level may not be on the horizon. Certain factors will keep CPO prices at a high level.

Strong growth in the emerging markets and an increase in biodiesel mandates will likely boost demand. The upside potential of CPO prices may also be fuelled in the near term by soyabean production risks in South America.

The discount at which CPO is trading to soyabean oil has widened to a historical average of US$120 per tonne, which could also lift demand for CPO in the near term.

Meanwhile Malaysia’s palm oil exports rose by 21.16% to 1.47 million tonnes in September 2010 against the previous month. Year-on-year (yoy), the palm oil export for Sept 2010 reflected a 10.9% climb compared with the same month last year.

Malaysia’s palm oil exports are expected to reach RM65.2bil this year from RM49.5bil in 2009.

Also, the latest monthly statistics for released by the Malaysian Palm Oil Board showed the exports of palm kernel oil increased by 41.44% to 114,224 tonnes, palm kernel cake rose by 95.54% to 252, 749 tonnes and biodiesel advanced 11% to 10,011 tonnes for September 2010 on a month-on-month (m-o-m) basis.

Only oleochemicals exports slid, going down by 7.16% to 170,521 tonnes in September 2010 m-o-m.

But the increase in exports did not entirely correspond with the country’s palm oil inventory where the total palm oil stock in September 2010 marginally increased by 0.23% to 1.71 million tonnes m-o-m. Also, crude palm oil (CPO) stock rose by 18.88% to 929,225 tonnes in September 2010 m-o-m.

But this inventory could be counter balanced by the lower production of palm oil in general that included CPO, palm kernel, crude palm kernel oil and palm kernel cake in September 2010 against the previous month. CPO production went down by 2.72% to 1.56 million tonnes last month against August.

By Murali Krishna PV, CEO of India-based Transgraph Consulting Pvt Ltd … dated Oct 2010

Continued growing demand coupled with lower production and weather factors are expected to lift crude palm oil (CPO) prices to the RM3,300-level in the next four to six months (Oct 2010 & Beyond).He projects the global production of palm oil to decline by 2.41 million tonnes in 2011 while the demand for palm oil is estimated to grow 8% to 10% annually.However the uptrend in CPO would be met with intermittent seasonal corrections due to crop arrival pressure.With the growing per capita income in China and India, demand from these two countries for CPO could reach 37 million tonnes and 26 million tonnes respectively in the next few years (2010 & Beyond). In 2013, there is going to be a major bull run which is already underway.
He expects crude oil to trade on the upside from now (Oct 2010) till March 2011, potentially hitting US$90 a barrel with the downside at US$70. Crude oil could cross the US$100 mark after March 2011.

By CIMB … dated Oct 2010

PALM oil prices are heading towards the RM3,400 mark by the second half of next year (2011) on the back of a bullish run by vegetable oils in the global market,It expects prices to touch RM3,400 per tonne in the first quarter of 2011, but cautioned that it is important to have prices at RM2,800 per tonne in the short term.
Pessimistic Outlook … dated Oct 2010

Factors that may curb the uptrend of crude palm oil (CPO) price in the near term could be the release of higher-than-expected October 2010 production numbers, improved soya bean planting in South America due to better weather conditions, a stronger US dollar or if China revalues its currency, said plantation analysts.

A bearish factor that may hamper the upward movement in CPO price is the release of the October 2010 on Nov 2010 production numbers. An increase in production numbers may see prices cooling. CPO production was 1.56 million tonnes for September against 1.61 million tonnes for August 2010.

The price reversal could take place should there be improved soya bean planting in South America. With improved planting, this may mean a higher consumption of soy oil in the place of palm oil. This might be the case as weather conditions in the United States and South American countries saw further improvement over the next two months (Nov – Dec 2010).

Whether the plantation index will continue upwards will largely depend on the movement of CPO prices.

Meanwhile, should the US dollar strengthen, CPO prices would come off. Commodities, which are priced in the greenback, become less attractive to buyers who use foreign currencies as the dollar strengthens. The rise in all soft commodities is more a function of a weaker US dollar rather than the fundamentals of commodities.

Another consideration will be the outcome of the G20 meeting. Should China look to revalue its currency, then all bets are off”. China has come under external pressure to increase the value of its currency to alleviate pressure on foreign economies by boosting their exports and reducing trade deficits.

Lan Chen, an economist at UK-based LMC International … dated Oct 2010

He disagreed with the bullish outlook for CPO. While CPO prices had generally followed the level of stocks back in the years before 2007 and then tracked the trend of crude oil prices post-2007, recent trends showed that CPO price movements were very much tied to the price of soybean and soybean oil.US soybean oil, which is a direct substitute of CPO, “is more than US$100 (a tonne) overpriced in the US biodiesel market.” This will place downward pressure on soybean oil which in turn will pressurise palm oil prices even more.Additionally, Chen expects MPOB’s stocks of CPO to peak at 2.25 million tonnes next year (2011), without giving a specific timeframe for the estimate. The output will be strong in 2011. In the end, if use today (Oct 2010)’s US dollar exchange rate and petrol price, the CPO price will be RM2,500 to RM2,600.

Monday, October 25, 2010

SABAH by-election, look at SABAH'S STOCK

then SARAWAK ELECTION, BUY SARAWAK'S STOCKS, then General Election,buy general stocks,can it be that easy to make quick money?I don't know. I believe some people can but I doubt my ability to do so, thus still stick to my strategy, buy when I have the urge to buy, sell when I am too scare to hold any further. Is Alam Maritim a Sabah company, looking at their webpage,http://www.alam-maritim.com.my/
I dont think so, nevermindlah, as long as I can make money.
FROM THE EDGE DAILY

KUALA LUMPUR: ALAM MARITIM RESOURCES BHD

It's share price advanced on Monday, Oct 25 after Maybank Investment Bank Bhd Research (Maybank IB) maintained its hold call on the stock with target price RM1.15 and said it was positive on the company's partnership with the Yayasan Sabah Group.At 9.35am, Alam was up five sen to RM1.12 with 783,000 shares traded.Alam Maritim entered into memorandum of understanding (MoU) with Yayasan Sabah Shipping Sdn Bhd, a unit of Yayasan Sabah Group with a view to form a joint venture (JV) company.

Alam Maritim said the JV would be involved in the provision of services including offshore installation CONSTRUCTION marine operations, and subsea works to the energy industry in Sabah.

MAYBANK Investment Bank Bhd Research (Maybank IB) maintained its hold call on ALAM MARITIM RESOURCES BHD [
registerQuotes("ALAM", "ALAM_span");
] at RM1.07 and target price RM1.15 and said it was positive on the company's partnership with Yayasan Sabah Group.It said the partnership creates a Sabah-based O&G company and sends out a strong signal of intent to capitalise on O&G opportunities in the state. "The SOGT [Sabah Oil and Gas Terminal] and pipe-laying projects would be among the jobs that it could target. "Maintain Hold with a RM1.15 target price, based on 10 times 2011 EPS," it said in a note on Monday, Oct 25

Saturday, October 23, 2010

2010 CPR Guidelines




2010 CPR Guidelines

How the American Heart Association's CPR Guidelines Have Changed for 2010
http://firstaid.about.com/od/cpr/qt/09_2010_CPR_Guidelines.htm

By Rod Brouhard, About.com Guide

Updated October 18, 2010

After a review of the available research published over a 5 year period, the American Heart Association released its 2010 CPR Guidelines. As expected, the focus for CPR is on good quality chest compressions. Here are the differences between the 2005 and the 2010 CPR Guidelines:

* A-B-C is for babies; now it's C-A-B!

It used to be follow your ABC's: airway, breathing and chest compressions. Now, Compressions come first, only then do you focus on Airway and Breathing. The only exception to the rule will be newborn babies, but everyone else -- whether it's infant CPR, child CPR or adult CPR -- will get chest compressions before you worry about the airway.

Why did CPR change from A-B-C to C-A-B?
* No more looking, listening and feeling.

The key to saving a cardiac arrest victim is action, not assessment. Call 911 the moment you realize the victim won't wake up and doesn't seem to be breathing right.

Trust your gut. If you have to hold your cheek over the victim's mouth and carefully try to detect a puff of air, it's a pretty good bet she's not breathing very well, if at all.

I have a secret to share: paramedics have been doing it this way for years. Rarely have I seen an EMT or a paramedic put her ear to a victim's nose and listen for air movement. We just get to work.


* Push a little harder. How deep you should push on the chest has changed for adult CPR. It was 1 1/2 to 2 inches, but now the Heart Association wants you to push at least 2 inches deep on the chest.

* Push a little faster. AHA changed the wording here, too. Instead of pushing on the chest at about 100 compressions per minute, AHA wants you to push at least 100 compressions per minute. At that rate, 30 compressions should take you 18 seconds.

Besides the changes under the 2010 CPR Guidelines, AHA continues to emphasize some important points:

* Hands Only CPR. This is technically a change from the 2005 Guidelines, but AHA endorsed this form of CPR in 2008. The Heart Association still wants untrained lay rescuers to do Hands Only CPR on adult victims who collapse in front of them. My biggest problem with this campaign is what's left unsaid. What does AHA want untrained lay rescuers to do with all the other victims? In other words, what do you do with the victims that aren't adults or that didn't collapse right in front of you? AHA doesn't provide an answer, but I have a suggestion: Do Hands Only CPR, because doing something is always better than doing nothing.

* Recognize sudden cardiac arrest. CPR is the only treatment for sudden cardiac arrest and AHA wants you to notice when it happens.

* Don't stop pushing. Every interruption in chest compressions interrupts blood flow to the brain, which leads to brain death if the blood flow stops too long. It takes several chest compressions to get blood moving again. AHA wants you to keep pushing as long as you can. Push until the AED is in place and ready to analyze the heart. When it is time to do mouth to mouth, do it quick and get right back on the chest

MTUC against private pension fund

MTUC against private pension fund

Union hopes to dissuade EPF contributors

PETALING JAYA: The Malaysian Trades Union Congress (MTUC) has called on the 10 million contributors to the Employees Provident Fund (EPF) not to participate in the proposed Private Pension Fund (PPF) as returns for their investment are not guaranteed. (most of us already not happy with the returns of 5 to 5.75% from EPF,what else with returns that are not GUARANTEED!!!!)

"The returns would depend on market forces, and this was very risky for the contributors because they might lose all their savings," said MTUC secretary-general G. Rajasegaran.(VERY VERY TRUE)

He disclosed that insurance companies had been lobbying for such a fund for a long time, and the MTUC had objected to it and the EPF board upheld the MTUC's concern.

"Now, however, it appears that the insurance lobbyists have succeeded, based on the announcement by the finance ministry that the Government had agreed to appoint insurance companies to handle the fund," he said Wednesday.

Rajasegaran was commenting on a statement by the ministry's economic and international division under-secretary, Datuk Dr Mohd Irwan Serigar Abdullah, that EPF dividends would be gradually scaled down to encourage contributors to bring their money to the PPF. (@#$%^&* DONT EVER COME TO DISTURB OUR EPF CONTRIBUTION!)

Prime Minister Datuk Seri Najib Tun Razak announced during the tabling of the 2011 Budget last Friday that the Government would launch the PPF next year for the benefit of private sector employees and the self-employed. (What benefit?show me the figure first!)

Najib said the existing income tax relief of up to RM6,000 for an employee's contributions to the EPF would be extended to the contributions made to the PPF, including for those self-employed.
Rajasegaran said in view of this new development, the MTUC would soon launch an aggressive nationwide campaign to educate workers and encourage them to reject the PPF. (fast fast fast, please.)

In the meantime, he said the MTUC was seeking an urgent meeting with the ministry to discuss the PPF and its long-term implication for the workers, especially their well-being in old age. - Bernama
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