Tuesday, August 31, 2010

DJ weakening, at 10,000 mark

After 1 day rally, DJ is back to bearish.  Once again, it is touching the psychological 10,000 mark towards the end of the trading day.  Citigroup (C) too is back to below 3.70.  Time to accumulate more capital and invest.

As for KLSE,  Maxis just announced a 1 billion net profit and giving 8 sen dividend.  The surprise is the sales of over 44,000 lots at the very end of trading day, pushing the price down by 7cents.   Wonder what's at play here.

Kfima too announced a 5cents dividend.  The stock price remain steady at around 1.16 - 1.20. A nice share to hold for long term.  I am still holding my Kfima and has been for over a year now.

Finally, Happy Holiday to all Malaysians !

No comments:

Post a Comment