New Investment Study on ABC

I was sleepless tonight. I read through some old study. This is what i study recently, my objective is clear, to earn from multibagger with little risk. It attracts me a lot when i read HK billionare is buying and Temasek is also buying. A lot better than investing in penny rubbish stocks at KLSE

Stock to watch 1288.Hk ipo HKD 3.20 4.13
3988.HK ipo HKD 2.95 4.51
1398.HK ipo HKD 3.07 6.26
0939.HK ipo HKD 2.35 7.41

看新闻说李嘉诚旗下的长江集团已经有两年多没有在香港首次公开发行项目中担任基石投资者。此次出手1亿美元作为农行的基石投资者，表明李嘉诚对农行的信心。


中国农业银行已将香港IPO的发行价定在每股3.2港元

农业银行已将香港IPO的发行价定在每股3.2港元，位于发行指导价区间2.88-3.48港元的中间，京华山一的萧子衡表示，这与市场预期基本一致，农业银行IPO价对应的2010财年预期帐面值之比为1.65倍，而其他中资银行股为1.5-2.2倍。认为农业银行IPO价对应的预期帐面值之比应该在1.95-2.0倍，因为以资产规模(截至2009财年年底)计算，农业银行是排名第三的中资银行，前两位分别是工商银行和建设银行，预计农业银行2010-2012财年的股权回报率为19%，长期利润增速为7%。

　　他表示，鉴于近期对新股上市的人气偏向于低迷，预计农业银行上市首日(预计为7月16日)的表现并不抢眼，不过，上市首日可能会较其IPO价上涨5%左右。中资银行股走高，工商银行涨1.6%，至5.71港元；建设银行涨1.9%，至6.33港元。


李嘉诚和李兆基分别向中国农业银行IPO投资10亿港元
据知情人士周二透露，香港大亨李嘉诚和李兆基已签署协议将成为中国农业银行股份有限公司(Agricultural Bank Of China Ltd., 简称：中国农业银行)香港部分首次公开募股(IPO)的基础投资者，他们将分别认购该行10亿港元(合1.29亿美元)股票。

　　据上述拒绝透露姓名的知情人士透露，地产开发商长江实业(集团)有限公司(Cheung Kong (Holdings) Ltd., 0001.HK, 简称：长江实业)主席李嘉诚和恒基兆业地产有限公司(Henderson Land Development Co., 0012.HK, 简称：恒基地产)主席李兆基这批新股的禁售期为一年。

　　上述知情人士称，中国农业银行计划未来几天与更多基础投资者签约，并补充称，潜在投资者来自中东、欧洲、澳大利亚和日本。以资产规模计，中国农业银行为中国第三大行。

　　其他知情人士在周末告诉道琼斯(Dow Jones)，新加坡国有投资公司淡马锡控股(Temasek Holdings)、中东主权财富基金卡塔尔投资局(Qatar Investment Authority)和科威特投资局(Kuwait Investment Authority)已经原则上同意成为此次IPO交易的基础投资者。

　　其中一位知情人士周二称，淡马锡将投资约2亿美元。最终的投资决定预计将于本周作出。

　　记者未能立即联系到长江实业就此发表置评，而恒基地产则拒绝对此发表置评。

　　据知情人士透露，为了保证此次IPO交易成功进行，中国农业银行正在与基础投资者展开谈判，希望这些投资者的认购量能达到此次新股发行总规模的大约30%-40%。

　　中国农业银行周一开始为其香港及上海IPO交易举行发行前推介活动。此次IPO最高可能筹集280亿美元，有望成为全球规模最大的IPO交易。



中国农业银行[2.61 3.16%](1288)H 股上市后，并没有出现破发的惨剧，一来反映国际投资者对中资类银行股仍然情有独锺，二来亦显示其估值吸引，在中资类银行股中属偏低的水平。因此，就算过去几个月中资类银行股受到多方压力，甚至美资大行高盛日前更减持工行(1398)，农行仍能稳步上升，不断创上市后新高。

　　农行持续向好，除上述因素外，更有“痴心投资者”不断在市场增持，令农行货源“归边”的情况更加严重。据报道，农行在上市时给予农行鼎力支持的11 名基础投资者，合共132.844 亿股，或相当于已发行H 股43.22%，由于分别有12 个月和6 个月的禁售期限制。此外，不少机构投资者持续增持，令农行目前街货不足已发行H 股40%，远低于工行的67%和中行(3988)的75%。

　　供求关系的失衡，令农行H 股持续上升，屡创新高，以昨日高位4.10 元计，较招股价3.2 元累升近三成;反而农行A 股上市后走势迥异，A 股在跌穿招股价2.68 元人民币后，一直“潜水”至今，并没能因H 股上升而受惠。

　　无其他内银面对之困难

　　从基本面看，农行并没有中资银行股现时所面对的三大难题——资本充足比率、贷款增长及资产素质转坏的问题。因为其刚刚上市，第1 个难题并不是当务之急。至于贷款问题，在中央推动乡村城镇化的大前提下，农行的贷款增长，将会是四大行中最快的。事实上，农村内在增长潜力有机会是未来中国经济增长的主要动力之一。农行的县域金融业务经过近年来的重组剥离，以及一系列改革之后增长迅速，2007 年至2009 年，农行县域金融业务实现税前利润分别为94.34 亿元、134.44 亿元、209.45 亿元，年均复合增长率达到49.0%，高于业内30%的平均水平。2009 年农行县域税前利润同比增速55.8%，今年第1 季度更达到85.9%，其动力之强，可见一斑。

　　究竟农行盈利状况如何，或者说是中资类银行股盈利前景有没有转坏，即将公布的第3 季业绩将有较为明确答案。惟以过去经验看来，似乎是超出预期为多。另外，先知先觉者已开始密密收集，不论事实如何，市场总会借消息短炒一回。至于中长线前景，笔者仍然维持乐观看法不变。

100% Cash Position Now

Market is hot. All the penny stocks in KLSE has been fried up. It seemed like DJI never beaten down . I couldnt find cheap stocks in KLSE and NYSE. BP is neither cheap anymore. So its time for me to go for holiday. Maybe will re-enter market when all the fund manager go for holiday.

Some might say i am silly for i am on 100% cash position now. You dont know me, what i want is minimum 40% return every trade, with little risk. So i am not trading on trend. I always want myself to think and act as a contrarian. This was because only the 10% of the people will survive and earn the 90% of money, i have the strong desire to make myself be the only 10%

Sold PBA

I had sold PBA at avg 0.968. I never expect can earn so much in such a short period. However, i still made some mistakes in this trades. I actually lock some of the profit too fast at 0.91. Didnt let it run. Avg getting 19.8% profit

Happy! PBA pay for my year end trips.

I have to quit drinking Coke and how to quit

Here is a list of 5 top reasons why you should just quit drinking Coca-Cola soda drinks and diet soda.

1. Counteractive to Weight Loss Efforts.
Diet Coke should be a diet staple when I was trying to lose weight, which I later I found out wasn’t the case at all. Diet soda has been found to increase possibility of weight gain by 41%.

2. Stains and corrodes your teeth.
Coca-Cola and sodas with colorings stain your teeth, as many are already aware. In addition, they have been shown to destroy 10 times more teeth material than fruit juices in just the first three minutes of drinking in a test

3. Limited hydration.
Coke and soft drinks contain caffeine, which is a diuretic. A diuretic is a drug that speeds up the rate of urine production – meaning it removes water from your body.

4. Artificial stimulant which alters your mind.
Caffeine is also a psychoactive stimulant drug. It affects the central nervous system and alters brain function, resulting in temporary changes in perception, mood, consciousness and behavior

5. Causes insomnia and sleeping disorders.

How To Quit Drinking Coke / Sodas Successfully
1. Identify a substitute drink (that’s healthier).
2. Get rid of the soda drinks in the fridge.
It may seem like a waste but it’s better than downing them into your body and ruining it.
3. And stop buying them home
4. Mentally block out the soda section in the menu when you dine outside
5. Tell Your friend your plan
6. Ensure you have enough sleep
7. Keep a record of the days you go without drinking Coke or sodas
8. Persevere. As you start cutting away Coke and sodas from your life, you may find withdrawal symptoms in the first week (depending on how heavy a drinker you were before). These symptoms may come in the form of restlessness, anxiety, cravings to drink again.

李财有方:投机投资·见仁见智

BP shares 5.2 Billion

Number in Thousand

Rev 2009
239,272,000
NP
16,759,000
eps = 3.22
price = 53

Rev 2008
Dec 31, 2008
367,053,000
NP
21,666,000
eps = 4.14
price = 38

Rev 2007
Dec 31, 2007
284,365,000
NP
21,169,000
eps = 4.07
Price = 63

2006
price = 64

2005
price = 67



以下就是我的小小功课：
美国总统奥巴马要求英国石油拿出200亿美元（648亿令吉）作为这起灾难的准备金，200亿美元是多大的数目呢？世界首富比尔盖茨的身家是500亿美元（1620亿令吉），所以英国石油要拿出的初步赔偿金大约是首富的四成身家。漏油事件发生在2010年4月20日，当天英国石油的股价是60美元（194.40令吉），市值是1900亿美元（6156亿令吉），1900亿美元是多大的数目呢？
今天整个大马股市的市值大约是3000亿美元（9720亿令吉），所以英国石油相等于三分之二的大马股市。

危机还是机会
今天（29/6 /10）英国石油的股价是27美元（87.48令吉），市值大约是850亿美元（2754亿令吉），短短的两个多月已经蒸发了1050亿美元（3402亿令吉），单单一个油井的意外就造成这么严重的损失，这个危机是危险还是机会呢？

先看危险：
这起漏油事件已经发生了两个多月，到目前专家们还是束手无策，无法把那个漏油洞口堵塞，英国石油说，这期间它已经花费了30亿美元（97.2亿令吉）的费用来抢救和清洗，而且这笔费用还与日俱增，看到这种烧钞票的速度，股东们都心寒了，怪不得它的股价会跌到这么的恐怖，真的是深不见底。
评估机构已经把它的债券评级下调至BBB级，差一点就掉入垃圾债券的等级了。

再看机会：
去年英国石油的净利是200亿美元（648亿令吉），派息100亿美元（324亿令吉）。看到这数据就我才恍然大悟，怪不得它这么爽快，一口气就答应奥巴马，它会拿出200亿美元作为赔偿准备金，原来这笔钱一年之内就可以赚回来了！
世界杯已经接近尾声了，赌球执照风波也暂告一段落，不管赌球有没有合法，要赌的人始终会找到门路，谁也阻止不了。

股汇市大赌场
有人说，股汇市就是最大的赌场，只要你牵涉在里面随时都要准备赌一手，假设你是英国石油的小股东，今天你面对的就是这样的局面。有人辞官归故里，有人漏夜赶科场，有人惊慌抛售就有人趁低吸购，希腊危机还没有解决，漏油事件又是一个危机，这是危机中的危机。投机投资，见仁见智，不管喜欢不喜欢，总之，你就是不能忽略它，因为股汇市就是投资乐园，也是冒险家的乐园。

PBA Berhad

I had bought in 20 lots PBA, the reason why i bought in is due to the news of adjustment of water prices in Penang. Apart from that , it reach the lowest of the year ,81 cents. Down site is limited , the most 5 cents. Buy in margin of safety, Good resistances !! 10 -20% earning over 1 year shlould not be difficult. At least i got something to hold in bullmarket, or think another way, at least i got something wont drop much in bear market. Better than FD. Hopefully can get $$ in 1 to 2 mths. Accumulating my bullet to hunt another elephant.

Chinese said water is "wealth".

Mistakes Trades, Swap Trades

I am adamant, blindly believing in so called good FA. The trend has showing sharp falling but i refuse to go out, i catch the knife and keep refusing to cut loss and pay price for it, bye bye my 600 dollar. I had cut loss supermx and withdrawn all the share in Allianz.

Lessons learn, not to be so impulsive, plan every trade, dont trade because of impulsive.