Saturday, September 20, 2014

Expecting a Pre-budget Rally??

"Bursa Malaysia is likely to be bullish next week in the run-up to the Budget 2015, dealers said.

A dealer said the budget expectations were likely to trigger a pre-budget rally and power, healthcare, construction, oil and gas sectors would likely attract investor interests.

Affin Investment Bank vice president/head of retail research, Dr Nazri Khan Adam Khan, said the Budget 2015 (scheduled on Oct 10) and the impending launches 2014 biggest mega initial public offerings -- 1Malaysia Development Bhd, Iskandar, Weststar and Carimin Bhd -- should be market-positive.

"We expect these catalysts to attract foreign investor interest and foreign funds to spur Bursa Malaysia," Nazri told Bernama.

As the global stocks rose sharply, he said, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) should make U-turn and rebound" more

Tuesday, September 9, 2014

UPSR to be maintained - Good for SASBADI

"The Ujian Pencapaian Sekolah Rendah (UPSR) will be maintained to gauge the six-year achievement of students in primary school, Deputy Prime Minister Tan Sri Muhyiddin Yassin said today.

He said the UPSR examination would be able to gauge the extent of the students' acceptance of lessons taught by their teachers, especially in key subjects.

"Whatever the results, they will still go to Form One, but parents want to know where (level) they stand. "So, we continue with the policy we have long implemented to prove our chance of evaluating the students' performance," he said.

He told reporters this after a visit to Sekolah Kebangsaan Presint 16 (2) to see the progress of the UPSR examination, which was taken by 82 students at the school.

It was imperative to evaluate students' progress at primary school level before they moved on to secondary school, he said.

"They will continue to be guided through the school-based evaluation (Pentaksiran Berasaskan Sekolah - PBS) which we implement. Hopefully, this will produce brighter students and with higher order thinking skills," he said" more

Friday, September 5, 2014

Children’s Education Comes First

Read: For parents, children’s education comes first

"It’s expensive, but education is number one. Eating less is okay to save money as long as it’s for our kids’ education"...

...No matter how little they make each month and how tight money was, they still found ways to ensure that their children not just got to school, but that they could get the supplies and extra tutoring they needed."

- This is why SASBADI shares seem like such a good investment to me.

Thursday, August 21, 2014

Time to Tread Carefully

"Shares traded on the stock exchange hit a feverish 7.67 billion shares yesterday after heavy churning the day before saw the volume of shares reaching 5.11 billion.

Active trading, especially among the penny stocks, saw the 10 most-active stocks on Bursa accounting for about half the traded volume of shares. 

The selldown in selected penny stocks spooked sentiment, as the number of losers outpaced gainers at a ratio of three-to-one, but that did not deter the buying of blue chips" more

"Trading in shares on Bursa Malaysia continued its uptrend to hit a peak of 7.67 billion shares yesterday after recording 5.11 billion shares on Tuesday, suggesting a market correction "will not be too far away", according to industry players.

A fund manager who declined to be named said despite heightened trading in the local stock market off-late, he opined that it is not a healthy scenario that could lead to a correction in the market.

"Each time when the volume shoots up, the market will go down then," he told SunBiz.

The fund manager revealed that the fixation on small caps has led "a few" security houses to impose trading restriction on large margin trading of certain stocks.
"They (securities houses) cap the trading to avoid a counter becoming a designated security," he added." more

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