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I just bought 5,000 shares of Hwang DBS (HDBS) shares at RM 1.60
Not very experience in analysing financial industries.
But collecting this for futures references and hoping to learn some new things.
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PLEASE ...wish me LUCK !
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Monday, June 21, 2010
Friday, June 18, 2010
Price ~ Copper, Aluminium, Zinc, Nickel
Date............Copper.......Aluminium.......Zinc...........Nickel
11.09.09......$ 6,250........
21.01.10......$ 7,387........$ 2,257......... .................$ 18,802
15.06.10......$ 6,600........$ 2,012........ ..................$ 20,225
22.06.10......$ 6,460........$ 1,901.......$1,727........$ 19,400
01.07.10......$ 6,354........$ 1,928.......$1,726........$ 19,150
07.07.10......$ 6,545........$ 1,954.......$1,810........$ 18,990
17.07.10......$ 6,650........$ 2,008.......$1,800........$ 19,220
24.07.10......$ 6,995........$ 2,008.......$1,891........$ 20,380___1,188___79___2,498
Date............Copper.......Aluminium.......Zinc...........Nickel____Gold__._Oil___CPO
11.09.09......$ 6,250........
21.01.10......$ 7,387........$ 2,257......... .................$ 18,802
15.06.10......$ 6,600........$ 2,012........ ..................$ 20,225
22.06.10......$ 6,460........$ 1,901.......$1,727........$ 19,400
01.07.10......$ 6,354........$ 1,928.......$1,726........$ 19,150
07.07.10......$ 6,545........$ 1,954.......$1,810........$ 18,990
17.07.10......$ 6,650........$ 2,008.......$1,800........$ 19,220
24.07.10......$ 6,995........$ 2,008.......$1,891........$ 20,380___1,188___79___2,498
Date............Copper.......Aluminium.......Zinc...........Nickel____Gold__._Oil___CPO
UMW in charter talks
Two potential clients for its jack-up rigs, company hopes to announce deal soon
SHAH ALAM: UMW Holdings Bhd is currently in talks with two parties – one local and one foreign – to charter its two jack-up rigs Naga 2 and Naga 3, said president and group chief executive officer Datuk Abdul Halim Harun.
“There are a lot of negotiations going on. The signs are positive and the chances are very good. We hope to make an announcement very soon,” he told a post-AGM press conference yesterday.
UMW took delivery of Naga 2 recently while Naga 3 will be ready soon.
Abdul Halim expects revenue contribution from Naga 2 and Naga 3 from the last quarter of the financial year ending Dec 31, 2010.
The group’s other rig, Naga 1, is currently on charter at a rate of about US$145,000 per day.
Abdul Halim said the group had started to see signs of improvement in the performance of its oil and gas (O&G) business this year.
“There are a few areas we are watching such as WSP Holdings Ltd due to the anti-dumping and counterveiling duties imposed on its products by the US which affected sales,” he said.
WSP is UMW’s associate company in China that manufactures oil country tubular goods.
Nevertheless, chairman Tan Sri Asmat Kamaludin said WSP was expected to improve its performance in the second half of the year as the group planned to pursue new export opportunities.
Another measure to counter lower sales would be to set up a plant in Thailand.
On the listing of its O&G arm, Abdul Halim said the group was still waiting for the correct time to do so.
“We were planning for 30 companies to be involved in the initial public offering but more companies; especially those that are performing well, would be injected as well,” he said, adding that there were currently 50 to 60 entities in the division.
Asmat said UMW would have to re-submit its application to list its O&G arm to the relevant authorities as the last approval had lapsed.
“Even if we have approval, we will need to see that the time is right,” he said.
On the group’s automotive business, Asmat was confident that Toyota and Perodua would maintain their market share with strong customer service programmes, upgrading of models and by offering high value for money and fuel efficient vehicles to its customers.
Last year, total sales of Toyota and Perodua vehicles amounted to 248,521 units, representing 46.29% of the total industry volume.
UMW’s net profit more than doubled to RM132.86mil in the first quarter ended March 31 from RM65.96mil a year earlier mainly due to improved margins from a favourable model mix and higher sales volume achieved by its automotive segment. Revenue rose 29% to RM3.03bil from RM2.35bil.
Asked about a news report that Asmat and Abdul Halim would be leaving UMW, Asmat said there was no basis for the article.
“Nobody stays permanently but when the time comes for change to be effected, I think the major shareholders will do the necessary consultation with our principal partners before we make any announcement,” he said.
SHAH ALAM: UMW Holdings Bhd is currently in talks with two parties – one local and one foreign – to charter its two jack-up rigs Naga 2 and Naga 3, said president and group chief executive officer Datuk Abdul Halim Harun.
“There are a lot of negotiations going on. The signs are positive and the chances are very good. We hope to make an announcement very soon,” he told a post-AGM press conference yesterday.
UMW took delivery of Naga 2 recently while Naga 3 will be ready soon.
Abdul Halim expects revenue contribution from Naga 2 and Naga 3 from the last quarter of the financial year ending Dec 31, 2010.
The group’s other rig, Naga 1, is currently on charter at a rate of about US$145,000 per day.
Abdul Halim said the group had started to see signs of improvement in the performance of its oil and gas (O&G) business this year.
“There are a few areas we are watching such as WSP Holdings Ltd due to the anti-dumping and counterveiling duties imposed on its products by the US which affected sales,” he said.
WSP is UMW’s associate company in China that manufactures oil country tubular goods.
Nevertheless, chairman Tan Sri Asmat Kamaludin said WSP was expected to improve its performance in the second half of the year as the group planned to pursue new export opportunities.
Another measure to counter lower sales would be to set up a plant in Thailand.
On the listing of its O&G arm, Abdul Halim said the group was still waiting for the correct time to do so.
“We were planning for 30 companies to be involved in the initial public offering but more companies; especially those that are performing well, would be injected as well,” he said, adding that there were currently 50 to 60 entities in the division.
Asmat said UMW would have to re-submit its application to list its O&G arm to the relevant authorities as the last approval had lapsed.
“Even if we have approval, we will need to see that the time is right,” he said.
On the group’s automotive business, Asmat was confident that Toyota and Perodua would maintain their market share with strong customer service programmes, upgrading of models and by offering high value for money and fuel efficient vehicles to its customers.
Last year, total sales of Toyota and Perodua vehicles amounted to 248,521 units, representing 46.29% of the total industry volume.
UMW’s net profit more than doubled to RM132.86mil in the first quarter ended March 31 from RM65.96mil a year earlier mainly due to improved margins from a favourable model mix and higher sales volume achieved by its automotive segment. Revenue rose 29% to RM3.03bil from RM2.35bil.
Asked about a news report that Asmat and Abdul Halim would be leaving UMW, Asmat said there was no basis for the article.
“Nobody stays permanently but when the time comes for change to be effected, I think the major shareholders will do the necessary consultation with our principal partners before we make any announcement,” he said.
Wednesday, June 16, 2010
Metals News ~ 16 Jun 2010
Tuesday, June 15, 2010
Copper gains in New York on weaker dollar, manufacturing data
Copper was mixed in floor trade Tuesday it added 1 cent to $3 per pound in New York but three-month contracts on the London Metal Exchange fell $60 to $6,600 per tonne by the end of the trading day.
Later, however, the metal used in construction and manufacturing managed to come back to trade at $6,690 in after-hours electronic trade as the US dollar weakened,, spurring more demand, and new data from the New York Federal Reserve showed that manufacturing activity in the New York region is up this month for the eleventh month in a row.
Aluminium added $18 to $2,012 per tonne in London, although some analysts are predicting that prices could drop this fall, while zinc and lead each added $44 during the London session, to $1,840 per tonne and $1,759 per tonne respectively, and tin was up $550 to $17,500 per tonne.
Nickel prices, on the other hand, fell $25 in London trade to $20,225 per tonne.
Precious metals prices were higher as the euro gained 1 percent on the US dollar and some investors still worried enough about economic issues to look to gold as a safe place to put their cash.
August gold added $9.90 to $1,234.40 per troy ounce in New York trade, while July silver was up 17 cents to $18.57 per troy ounce and September palladium gained $12.95 to $475.55 per troy ounce.
Copper gains in New York on weaker dollar, manufacturing data
Copper was mixed in floor trade Tuesday it added 1 cent to $3 per pound in New York but three-month contracts on the London Metal Exchange fell $60 to $6,600 per tonne by the end of the trading day.
Later, however, the metal used in construction and manufacturing managed to come back to trade at $6,690 in after-hours electronic trade as the US dollar weakened,, spurring more demand, and new data from the New York Federal Reserve showed that manufacturing activity in the New York region is up this month for the eleventh month in a row.
Aluminium added $18 to $2,012 per tonne in London, although some analysts are predicting that prices could drop this fall, while zinc and lead each added $44 during the London session, to $1,840 per tonne and $1,759 per tonne respectively, and tin was up $550 to $17,500 per tonne.
Nickel prices, on the other hand, fell $25 in London trade to $20,225 per tonne.
Precious metals prices were higher as the euro gained 1 percent on the US dollar and some investors still worried enough about economic issues to look to gold as a safe place to put their cash.
August gold added $9.90 to $1,234.40 per troy ounce in New York trade, while July silver was up 17 cents to $18.57 per troy ounce and September palladium gained $12.95 to $475.55 per troy ounce.
Tuesday, June 15, 2010
Perodoa Sells 15,000 Cars in May 2010
KUALA LUMPUR, June 14 (Bernama) -- Perodua maintained its market leadership in May with sales of 15,000 cars and an estimated market share of 29.6 per cent on the back of continued strong demand for vehicles.
"The 15,000 units sold were 13.6 per cent higher than the 13,200 units achieved in May 2009," its Managing Director Aminar Rashid Salleh said in a statement Monday.
Year-to-date, Perodua sold 78,700 cars, which was 5.64 per cent higher than the 74,500 units forecast for the five months this year.
This was also a 23.16 per cent jump over the 63,900 units sold during January-May 2009.
Perodua is forecasting to sell 176,000 units of cars this year against 166,700 units sold last year.
"We are very encouraged by our sales numbers and we believe the run-up to the second-half will be better in view of the anticipated demand during Hari Raya Aidil Fitril and Deepavali," Aminar said.
He added car sales in Malaysia traditionally picked up in the third-quarter of the year.
Reviewing Perodua's after-sales performance, Aminar said in May 137,000 service intake were recorded compared with the forecast of 130,000 intake.
For the first five months of this year, total intake amounted to 681,000 or 46 per cent of market share compared with 666,000 intake achieved during January-May 2009.
-- BERNAMA
"The 15,000 units sold were 13.6 per cent higher than the 13,200 units achieved in May 2009," its Managing Director Aminar Rashid Salleh said in a statement Monday.
Year-to-date, Perodua sold 78,700 cars, which was 5.64 per cent higher than the 74,500 units forecast for the five months this year.
This was also a 23.16 per cent jump over the 63,900 units sold during January-May 2009.
Perodua is forecasting to sell 176,000 units of cars this year against 166,700 units sold last year.
"We are very encouraged by our sales numbers and we believe the run-up to the second-half will be better in view of the anticipated demand during Hari Raya Aidil Fitril and Deepavali," Aminar said.
He added car sales in Malaysia traditionally picked up in the third-quarter of the year.
Reviewing Perodua's after-sales performance, Aminar said in May 137,000 service intake were recorded compared with the forecast of 130,000 intake.
For the first five months of this year, total intake amounted to 681,000 or 46 per cent of market share compared with 666,000 intake achieved during January-May 2009.
-- BERNAMA
Thursday, June 10, 2010
Bought Kian Joo at RM 1.17
Today, I bought 50,000 shares of Kian Joo at RM 1.17
EPS 13.2 sen
PE 8.9
Div expected 6.5 sen
DIY 5.5%
Profit margin 6.5%
Business prospect : Good
EPS 13.2 sen
PE 8.9
Div expected 6.5 sen
DIY 5.5%
Profit margin 6.5%
Business prospect : Good
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