Monday, August 01, 2005

MALAYSIAN IDOL Stock Market Analysis

This is from www.malaysianidol.com.my and the BlueHyppo Message Board
Many thanks to the creator of this message

This post is available in English only

ATILIA & ASSOCIATES BHD has to close down due to lack of funds.
Fund managers have rushed for more speculative counters for faster returns.

TRISH CRUZ CONGLOMERATE has to be de-listed due to overspending, and with fuel prices up, profits are down. A great loss.

Remaining Blue Chips

NITA SQUARE BHD
Up 2% as property firms and fund managers switch over from other fallouts.

ADAM KAWI PETROLEUM BHD
Up 10% as fuel prices rise. Expected revenue increase has pushed the counter up to the limit of the day.

DANIEL SPORTSWEAR BHD
Prices remain unchanged as trading has been good throughout the day.

And now, the Main Board.

XERRA HAIR FASHION BHD
Down 2%. Trading volumes down but steady.

FARAH Z DENTAL INSTRUMENTS BHD
Up 5%. Trading volumes up. Speculative counter. Fund managers watch carefully.

FAIZULL HERMAN MEAT PROCESSING BHD
Up 5%. With the bird flu, meat sales have gone up while chicken sales are down. Steady growth expected.

AZAM COLD STORAGE BHD
Up 4%. With the recent tsunami, fish prices are down, for fear of contamination, but the situation is getting better because the festive season is around the corner. Expect some steady growth.

And now, the Second Board

ASHVIN NAIR MANAGEMENT CONSULTANCY BHD
Up 5%. The recent boardroom drama has seen the management win a court case and it has made a strong recovery in the consultancy market.
Speculative counter, but still worth investing for the time being.

EJ WONG AUTOMOBILE BHD
Down 10%. With the recent AP issue, fund managers fear there will be some government intervention, so most will stay clear of it, and adopt a wait-and-see strategy.

Malaysians, please invest carefully!

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