BMPSI dialy report

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28-Dec-2007 : BMPSI 9,220 down 20

BMPSI link for 28-Dec-2007 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/a57d8b575f9adb33?hl=en


SEAL is recovering, thanx to those funds !! Penny stocks are still traded quietly since 7-Dec-2007. Bursa Malaysia lets itself ie BURSA (1818) for what reason ?? To let Malaysia's share market to be wrapped up by Jewish funds based in Singapore easily ??

We have repeated ourselves many many times that palm oil is not suitable for bio-diesel, but look at the share price of IOICORP, KLK, SIME, etc. We are deeply sorry for the people of Malaysia especially the ehtnic Malays for they to be led by such miserable government !!

 

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31-Dec-2007 : BMPSI 9,253 up 33

BMPSI link for 31-Dec-2007 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/eeeb1fcfe39ddbd3?hl=en


18 counters of BMPSI components are up, while the same amount of counters are down. SEAL (4286) still tries its best to challenge our price definition, for what ??

BMPSI are still range-bounded, meaning the market is still very cold.

 

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2-Jan-2008 : BMPSI 9,193 down 60

BMPSI link for 2-Jan-2008 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/a6087fbc634f5456?hl=en


LIONCOR (3581) tops the gainers, but could it be "one-night-stand" ??

SEAL (4286) is living outside the price range for some time. If those funds still reluctant to move its price back within the price range, then SEAL will be removed from BMPSI.

KHSB (6246) is almost RM 0.1 away from the maximum price range. We suggest the funds who choose not to loke us to move KHSB above the maximum price range more so that we can remove KHSB from BMPSI so that we can show all our friends the "TRUE" meaning of "price sensitive" !!

 

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3-Jan-2008 : BMPSI 9,289 up 96

BMPSI link for 3-Jan-2008 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/2d658efd2291dcf6?hl=en


What ?? Did we make mistakes in our calculation ?? BMPSI rises today !!

Nope !! Even if lossers' 24 leads gainers' 14 in quantity, but the upward range is much larger than the lossers'.

What do you know about the rises or the range of the rises ? Let us give you the hint : you can leave the market the whole day and start trading right at the 30 minutes before the market close !! Bursa Malaysia is just like Maybank. Maybank is the only bank in Malaysia that only trade in May, just one month !! The rest of the months are sleeping !! That is why Maybank's share price is stagnant all the time !! While for Bursa Malaysia, you don't have to do any trading during the trading session, but only start your trading 30 minutes before the market close. This is the work of whom ??

 

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4-Jan-2008 : BMPSI 9,593 up 304

BMPSI link for 4-Jan-2008 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/e65c76403a6d2294?hl=en


We expect all of you have notice that Bursa Malaysia's Composite open high early in this morning and edge even higher before the market close. If you take a closer look at the top gainers of Bursa Malaysia, not BMPSI counters, you will notice that the first 10 and more are plantation counters !! Palm oil plantation counters !!

We have nothing to oppose against palm oil, oil palm bulk or crude palm oil. We don't oppose farm subsidy as well. On the contrary, WE SUPPORT FARM SUBSIDY !!!!!

But farm subsidy shouldn't be the only and mandatory force that cause consumer goods' price hike !!

31 components of BMPSI rises today, but BMPSI only rises 304 !! This means UMNO leaders only push up palm oil plantation counters, so even 31 counters of BMPSI rises, the range of upward surge is not too great. Resting the entire nation's wealth upon one single cash crop : crude palm oil, is very dangerous.

DJIA may fall on 4-Jan-2008, so can Composite continue its upward rise on Monday ie 7-Jan-2008 ?? We are in serious doubt.

We have use the phrase "one-night-stand" to pin-point those counters of BMPSI that can only rise for one day, so do you think this "one-night-stand" phenomenon will impose upon Composite index as well ?? We strongly believe this is the case.

Therefore our view upon the performance of BMPSI is still pessimistic. We expect retail traders should take profit step-by-step from this momentary rises. You shouldn't expect share price will rise too much, except palm oil counters. The rise of palm oil counters is the work of UMNO leaders using entire nation's wealth !! If Singapore funds take huge advantage upon the price rise today, Malaysia Government is running out of cash !! Further issue more legal tenders will force RM to depreciate against US$ which is now depreciate against crude oil, not crude palm oil. In the second half of 2008, after general election hold in March, before Lee Kuan Yew's death, riots will wide spread all over Malaysia.

We don't think May-13 incident is anything scary. It could be a frightening story in the good old days, but not at the present moment. UMNO leaders refusal to stop consumer goods' price hike will eventually topple its own governance. Riots and more riots are spread all over Malaysia, just like Indonesia in 1998. All these happenings come from a single factor : Crude Palm Oil.

Crude Palm Oil is not Crude Oil. Crude Palm Oil cannot be used as bio-diesel. Today the price of 1 tonne CPO is much more expensive than 1 tonne of crude oil. This is the stupid act of UMNO leaders. A very stupid act indeed.

All the nations on this globe buy their CPO from Indonesia, not Malaysia. What is our Wawasan 2020 ?? All the dreams are vanished simply because UMNO leaders subsidy CPO too much to the extend that 1 tonne of CPO is now more expensive than 1 tonne of crude oil. So if we process 1 tonne of CPO to produce only 200 kg of bio-diesel, what is the price of bio-diesel then ??

We prefer to use diesel rather than diesel + bio-diesel, this is because the price of diesel + bio-diesel is much much more expensive than diesel !!

After UMNO leaders relentless subsidizing CPO, we will have the following strange phenomenon :

the price of diesel + bio-diesel > the price of diesel > the price of petrol !!

Why ?? Because diesel are being wasted as experiments for making bio-diesel !!

Can our TENAGA (5347) replace its burning of diesel by burning of CPO right now ?? Then we don't have to pay more on electricity bill !! Do you know what happen if TENAGA (5347) really change all its diesel by CPO ? Peninsular Malaysia will face a prolong blackout up to a year !!

So after above's analysis, and from the index movement of BMPSI, we strongly believe that today's rise is just another "one-night-stand".

 

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7-Jan-2008 : BMPSI 9,513 down 80

BMPSI link for 7-Jan-2008 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/203f3d049c0ab8ae?hl=en


We will bow the advice to stop comment too much on politics.

(6246) KHSB is breaking the maximum price range. If KHSB continue its rise to above 1.05 or 1.07, we will remove it from BMPSI immediately. Remember BMPSI is price sensitive, so if you want your favourite counters to be removed from it, you can either pull the price to below 0.4 or push the price above 1.00, in either case, your counter will be removed.

(4286) SEAL has its price coming back to 0.4. We sincerely urge those funds, please stop playing the share price of SEAL. This is not becoz we own it, actually we didn't own it, but becoz we don't like to removing counters too often. It will take us more timr to prepare the postings !!

As you have all seen, Bursa Malaysia's Composite Index reached new high today, but we urge you all to take note that lossers leads gainers in 482 vs 312. If you just follow Composite Index, you may not have other parameters for reference. Now you have BMPSI. Even Composite managed to climb up 4 points before the market close and making new heights this morning, but BMPSI is showing you a fall of 80 points today. So from BMPSI's position to elaborate Composite Index, we don't expect Composite's rise can continue too long even if DJIA may rise tonight.

If our forecast is correct, we advice you to sell your share-in-hand step by step, to minimize your risk. BMPSI's fall, losser leading gainers in the face of small climb of Composite index means one thing : very risky.

You don't have to sell all the share-in-hand if the cost is too high, but reduce share-in-hand step by step, you won't loss too much if the Composite falls too much in the near future.

 

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8-Jan-2008 : BMPSI 9,771 up 258

BMPSI link for 8-Jan-2008 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/854aa0ada825aa87?hl=en


(6246) KHSB is removed from BMPSI today. This is the link for the new list of components of BMPSI : http://groups.google.com.my/group/BMPSI/browse_thread/thread/25761bbc429c6dc9?hl=en

KHSB is replaced by (8893) MKLAND.

"one-night-stand" effect is fading away right at this moment. BMPSI up 258 points to 9771, very close to the starting point of 10,000. Composite Indexd is making historical height since 4-Jan-2008. BMPSI reacts undulatingly, but when Composite Index touching 1,500 then upward push will move to other lighter component stocks of Composite Index such as UEMWRLD, then to small cap counters such as SAPCRES, and finally down to penny stocks such as TIMECOM. BMPSI will have its performance after Composite Index reaching its peak. But we don't think this will happen because of the ticks implemented by Bursa Malaysia.

With the implementation of ticks, to move the share price either up or down 1 limit point within a trading session is very difficult unless more than two investment banks are willing to move share prices jointed-handily. Therefore after the Composite Index reaching its peak ie 1,500, the fall is triggered by subprime problem in US and Europe !! Funds will use subprime to create a economic recession senario to pull the share prices down. There is no time for you to wait for the penny stocks to rise after Composite Index reaching its peak.

 

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9-Jan-2008 : BMPSI 9,871 up 100

BMPSI link for 9-Jan-2008 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/3c3718af24a25ff7?hl=en


Composite Index is just 9 inch from the Everest Peak of 1,500 !! BMPSI is 120 points away from the starting point ie 10,000 !!

But don't deny the influence of subprime destructive factors !! Foreign funds are sneaking into Bursa Malaysia not to help us to push up share prices but are searching and searching. These foreign funds knows Bursa Malaysia allows short selling so they are watching closely to those shares that cannot sustain its high share price.

The new comer of BMPSI, ie MKLAND, tops the gainers of BMPSI components today.

If you are involved in BMPSI counters, you have to be very careful because we believe BMPSI will fall if subprime effect grows within Bursa Malaysia. BMPSI is the target for short selling !!

 

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11-Jan-2008 : BMPSI 9,914 up 43

BMPSI link for 11-Jan-2008 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/ea41a05ca51c6d4b?hl=en


Have you all noticed that BMPSI narrow its rise ?? We know you will inform us that Composite Index has reach its all time high 1521, but do you think Composite can manage to rise ??

Composite is rising too fast !! From 4-Jan-2008 to 11-Jan-2008, only five working days, managed to rise from 1439 to 1521 !! That is why BMPSI is not rising in line with Composite !!

 

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14-Jan-2008 : BMPSI 9,760 down 154

BMPSI link for 14-Jan-2008 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/9fa0cfe21643bbb6?hl=en


Ooops, BMPSI is falling !!!!

Don't tell us this is called "profit taking" because (7151) KIMBLE has fallen outside the price range definition !!

The rise of Composite Index may be range-bounded in next two weeks, but we urge you all to focus upon daily gainers vs lossers for Bursa Malaysia. We expect the amount of lossers should out-number amount of gainers. Then Composite Index starts its falling. BMPSI is very sensitive upon share price changing.

Therefore we advise all of you not to buy in penny stocks but to sell out penny stocks while the share price is still high.