Euro zone fund-level efforts

Surged yesterday after the Asian SHARE weekend meeting of European leaders shows the development of promising to address the regional debt crisis which could result in an economic downturn.
Euro zone rescue effort raising 440 billion euros (U.S. $ 610 billion), European Financial Stability Facility (EFSF), to convince the market that they have the means to protect countries like Italy and Greece are facing high debt burdens.
However, they just announced some concrete details of the weekend meeting with a promise to disclose all of the second summit on Saturday.
Investors will also monitor the yen reached a record high after the war, 75.78 against the U.S. dollar (U.S.) last Friday, before the dollar regain its strength to 76.15 yen in afternoon trading yesterday. The surge was led to the Minister of Finance of Japan to take steps to address the appreciation of their currencies are concerned the strengthening of the yen will affect Japan's exports.
Tokyo closed 1.90 percent or 165.09 points higher at 8,843.98, while Sydney jumped 2.73 percent or 113.1 points to be 4.255 and Seoul rose 3.26 percent or 59.94 points to 1,898.32. Hong Kong

PNB shares to buy fresh SP Setia

CAPITALISATION Nasional Bhd (PNB) today made ​​the offer to acquire the shares not owned by the SP Setia Bhd, the local's largest real estate company in terms of sales, at a price per unit for the ordinary shares of RM3.50 and 91 sen unit for a warrant.
Offer a whole was estimated at RM6.9 billion is submitted after the PNB and the stakeholders together (PAC) until yesterday over 33.17 per cent equity in SP Setia, thus surpassing the 33 percent minimum that requires it to make a mandatory takeover offer (MGO).
If true, the deal will emerge the largest takeover in Malaysia's property sector in almost 20 years. Maybank Investment Bank Bhd (Maybank-IB), acting on behalf of PNB said in a statement yesterday, said the offer price represents a premium of 40 cents, or 11:43 per cent over the closing price of SP Setia on Tuesday at RM3.50 before it suspended trading yesterday. Maybank-IB said, PNB intends to maintain its listing status on Bursa Malaysia's property. "If the total acceptance of the offer saw the spread of share ownership by the public in SP Setia is less than 25 percent, the party making the offer will explore various options or suggestions to improve

Asian shares plunge

MARKETS Asian stocks plunged yesterday in line with the plunge in the United States (U.S.) and Europe as the world was now taking on another financial crisis. Investors have lost confidence in the more depressed by the statistics of a weakening U.S. economy and a warning from the head of the European Commission that the debt crisis euro zone is likely to spread to other countries.

"It is the worst weekend of the transaction," said IG Markets analyst Ben Potter in Sydney, adding that all sectors are expected to face a shot.
Tokyo fell 3.72 percent or 359.30 points to close at 9,299.88, while Hong Kong plummeted 4.29 percent or 938.60 points to end at 20,946.14. Sydney fell four per cent or 171.1 points to 4,105.4 and Seoul fell 3.70 percent or 74.73 points to 1,943.74. Sydney loss of 8.72 percent in four days ago, while Seoul fell by approximately 10.5 per cent in the same period. Taipei recorded the largest fall when plunged 5:58 per cent or 464.14 points to close at 7,853.13. Shanghai down 2.15 per cent or 57.62 points to 2,626.42, while Mumbai shed 3.10 percent in afternoon trading. Concerns hit Asia from Europe and the U.S., which saw the Dow Jones

Petrofac to take over shares RNZ

PETROFAC Ltd., the giant British oil and gas engineering is in talks to acquire a significant stake in the RNZ Integrated (M) Sdn Bhd, which is one of six companies licensed offshore engineering major PETRONAS.
Industry sources said the acquisition of majority shareholding RNZ Integrated aims to strengthen the company's position is based in Jermyn Street London to bid for more service contracts and the development of small oil wells in the more risky sea with PETRONAS.
A small oil well development activities and the sea in Australia is now gaining the attention of big international companies due to a serious commitment of the government in an effort to increase the country's total oil reserves. "Drawing on the developments, the British companies are strategizing to improve the reach of its involvement in oil industry and gas industry in Malaysia with the potential to take over local companies, with RNZ target acquisition. "Talks involving the two parties (Petrofac and RNZ Integrated) is in progress and understand oil and gas engineering giant Britain is keen to take over 50 per cent stake in RNZ Integrated. "However, they are still at an early stage and no agreement has not been finalized," he told The Star in Kuala Lumpur. RNZ Integrated led Managing Director and Chief Executive Officer, Rozali Ahmad, however, could not be contacted for comment on the incident. The source said , Petrofac

Regional Economic market lesion

Negative INDICATIONS the United States (U.S.), Europe and China last week as well as credit rating downgrades and uncertainty over the U.S. and Europe following the government's debt issues, affecting market sentiment.
Things that also affect the local market which saw the FTSE Bursa Malaysia KLCI (FBM) has a correction to test the level of support.
Compared to the previous week, the FBM KLCI fell 17.49 points, or 1.1 per cent to 1,577.25 with a loss suffered some heavyweights like Genting Bhd shares (-38 cents), CIMB (-17 cents), AMMB (-31 cents) and Maybank ( -12 cents), accounting for nearly 60 percent of the index fall. Average daily trading volume and value, respectively, decreased significantly to 759.8 million shares and RM1.44 billion compared with 931.3 million shares and an average of RM1.73 billion last week. Last week , the proposed merger Sapura Crest Petroleum and Kencana Petroleum shook the market. 's largest new entity will be in a better position to bid for larger contracts and more complex, especially abroad. The proposed merger does not create a concern because as a The merged entity, it will have a net debt position of RM1.6 billion from RM200 million net cash position prior to the merger. However, the current stock price and Kencana SapuraCrest not

Old Town shares surged

Old Town, Ltd., a manufacturer of beverage products immediately and the operator Old Town White Coffee cafe chain to be listed on the Main Market of Bursa Malaysia yesterday, surged to 12 per cent or 15 sen to RM1.40 per share as compared to the reference price of RM1. 25 per unit.
Its share price opened at RM1.38 per share, up 13 cents before surging to the highest level of daily RM1.40 per share shortly after that.
But profit -taking emerging after the price of these counters closed at RM1.32 per unit, up 5.6 percent, or seven cents compared to the reference price. On the whole the average market price during trading yesterday Old Town is RM1.34 per share for 51.75 million shares traded, valued at RM69 .41 million. Its chairman, Datuk Dr Ahmed Tasir Lope Pihie, said he is satisfied with the

Long term investment plan

When we buy shares or invest in a company, indirectly, we agreed to also bear the risk in the business performance of companies. Each investor must realize that the value of shares can fall shattered to be worth even a cent if the company went bankrupt.
Many people, especially new investors involved with stock investing is usually difficult to choose which stocks to buy and when the right time to invest in assuming their investment knowledge is too shallow, or at least worried that stock prices may have been too high and likely to fall back at any time. If possible they want to get good profit in a short time and at the same time afraid of losing the investment made.

Investing strategies

The best time to invest in shares is not actually located to the seconds, hours, minutes or days, right to buy shares, but more dependent on the duration of an investment - that is for short periods, medium or long term. In fact, no one know whether the shares of a company or the stock market as a whole will rise or fall at any given time. However, a wise and experienced

Tokyo Stock Exchange reached its highest level

SHARE Asia closed mixed yesterday, with Tokyo recorded the highest closing price since the earthquake on March 11 following the vote of confidence in the United States, however, reduced the debt ratings of Portugal little impact on market sentiment.
Wall Street's stock performance is increased slightly, after a long weekend has provided some direction in the marke
Tokyo shares rose 1.10 per cent, or 110.02 points to 10,082.48, the highest recorded since March 11 and the first time it closed above 10,000 points since 2 May. Seoul closed 12:44 per cent, or 9:44 points higher at 2,171.19 and Sydney or 6.9 percent up 00:14 points to 4.605. However, Hong Kong fell 0.38 per cent while the Shanghai download 0:51 per cent. In New York, the Dow Jones,

Exchange Weekly: FBM KLCI hit its highest level

Composite Index FTSE Bursa Malaysia (FBM) rose and closed at new record levels last week.
It is stimulated by events 'decorate account' for the first half of the domestic market and foreign market rally after a major borrower agreement to settle 70 percent of government debt when Greece has enacted measures to continue the relief efforts.
Consequently, the FBM 18:28 KLCI gained points, or 1.17 percent last week to close at new record high of 1,582.94, with the increase in CIMB (+25 cents), Hong Leong Bank (+82 cents) and Gamuda (+20 cents) contributed about 40 per cent increase index. The average daily trading volume and value in their margin decreased to 903.5 million shares worth RM1.65 billion, compared with an average 920.4 million shares worth RM1.53 billion last week. We began to enter the second half

Understand the term stock investments to help increase skills

Today I will explain about some of the popular terms in stock investing. I hope after this we can talk about investment in shares and eventually with the shared knowledge and experience to be more involved in investing in the stock market.
These terms are listed with reference to Malay glossary issue Routledge, 2001. Among the terms you need to know in share investments include:
1. Bull market bull market refers to the stock market increased by 20 percent or more in a long period is usually due to the improved performance of listed companies recorded a profit growth results benefited from an expanding economy. The term is said to have originated from the habits of the bull that attacked the victim on the gore. Examples bull market is a rising market trend began in August 1998 to early 2000. At that time, many people make a profit on their investment.
2. Bear market trend situation of the market plunged 20 percent or more in the long run due to favorable economic conditions. Associated with the nature of the bear that attacked the victim down menghenyak habit with sharp claws. Examples of the bear market is the performance of the Malaysian stock market which plunged during the 2008 impact of the global economic crisis.
3. Earnings per share more popular English term that referred to in EPS or 'Earnings per share.

Inflow of foreign funds push strengthening FBM KLCI

Bursa Malaysia recorded its highest closing level yesterday supported the inflow of foreign funds into local market following the country's economic prospects are expected to remain strong as well as shopping 'decorate account' half of the final day. At the close yesterday, the Kuala Lumpur Composite Index FTSE Bursa Malaysia (FBM ) increasing by 4.06 points or 0.26 percent to 1,579.07 points ahead of the previous closing high of 1,576.95 points, recorded on 6 January.

Dealers said although the global market situation is still in a state of uncertainty, especially following the debt crisis of Greece and the U.S. economic slowdown, but investor confidence in the local market remained strong.
"There is a purchase by foreign investors that were detected on the blue chips, especially in the finance, technology and construction. "The surge in the index today (Monday) is also generated activities decorate account 'by fund managers," he said. Following the increase,

The share price of CPO rose RM1.48

Share prices of CPO Malaysia Holdings Bhd (MSM Holdings) jumped up 42 per cent to RM1.48 or RM4.98 per share on its maiden trading day at the Main Market of Bursa Malaysia, making it among the initial public offering (IPO) the best performance in terms of price increase in more than three years.
FELDA sugar business wing of shares of Global Ventures Holdings Sdn Bhd, which opened at RM4.45 per unit yesterday morning, up 95 cents or 27.14 per cent compared to the reference price of RM3.50 per share IPO price that is offered to institutional investors.
It then jumped to the highest level of RM4.98 by end of day the afternoon trading session and remained high before closing at RM4.89 per share, up RM1.39 or 39.71 per cent. CPO Holdings is also the most actively traded counters on Bursa Malaysia yesterday with a total of 101 million shares worth RM464 million transacted, thereby making it a market leader. Dealers said IPO premiums exceeding RM1 on the first day of trading is complicated witnessed in recent years and the last big jump when the premiums are re-listing of Sime Darby Bhd in November 2007 increased RM2.10 per share and Deleum Bhd in June 2007 with an increase of RM1.43 per unit. Meanwhile, the MSM Holdings chairman Tan Sri Mohd Isa Abdul Samad to review the developments, said a very pleased with the warm welcome given to the company's stock investors was. He said it was a good start and it shows investors are very confident of the prospects of the company. "This is a good start. We hope it will survive not only today but for next time, "he told reporters after the inaugural listing of the company in Kuala Lumpur yesterday. Also present were Director General of FELDA, Datuk Dzulkifli Abdul Wahab; Group President and Chief Executive of the Global Group FELDA Datuk Sabri Ahmad and President and Chief Executive of the MSM Holdings, Chua Say Sin. Mohd Isa, who is also Chairman of Felda said it will manage the business as possible to ensure the company's stock is getting the attention of investors. CPO Holdings IPO on Bursa Malaysia involves 255.64 million ordinary shares with 21.09 million shares allocated to institutional investors. Listing of the mo-dal generate RM796 million through the sale of 227.53 million shares to domestic and international institutional investors and RM95 million from the sale of 28.12 million shares to retail investors. Based on the offer price of RM3.50 per unit to institutional investors, capital markets MSM Holdings reached RM2.46 billion during the listing. On the FELDA schemes after listing MSM Holdings, Mohd Isa said, it depends on the time and specific strategies and instructions from Prime Minister Datuk Seri Najib Tun Razak, who is also responsible for the FELDA . He said Felda always ready to see some of his and his company has the potential to be listed on Bursa Malaysia. In addition, Mohd Isa said the Felda also received hundreds of business proposals from outside parties. "For the biomass alone, we received over 50 proposals, "he said. However, he said, it will examine first before deciding to venture into new business. Mohd Isa said, FELDA is also offered to develop thousands of hectares of land in other countries such as Papua New Guinea, Cambodia, Myanmar, Suriname, Sierra Leone and Indonesia. He said he is currently at the end of the study to reclaim about 20,000 hectares in Myanmar. He said, now has 853,000 Felda land in Malaysia.