Arr… I made mistake on stock market last few years. I bought several ‘junk’ stocks before 2008 economy crisis. Just managed to cut loss on few of them and left 1201 Sumatec and 9822 LKT now. If you are lucky, some of the good performing stocks will be back to previous highest level or even better. But I ran out of luck on these 2 stocks ~ Sumatec and LKT.
Sumatec proposed rights issues. It wants more money from stockholders. This can be good or bad depend on companies. But for Sumatec? It just released its financial year end result with net loss 62.167 million (increased 12.06% from previous year).
Sumatec Resources Berhad
LKT has another issue ~ take-over offer. Yup, Singapore Precision Engineering Limited is going to buy back LKT shares with RM2.10. Say bye bye to LKT stock. I don’t even have a choice and have to sell it at ‘underwater’ price.
LKT Industrial Berhad
Compare these 2 stocks. I rather keep LKT and sell Sumatec. But I don’t have much choice. What I can do now? Wait for Sumatec stock price up a little bit. Will cut loss then. Done deal.
Guess what? I bought these 2 stocks at the peak of the chart. How stupid am I in stock market back then? 
There was a little bump on the stock market. There are financial issues at China, Europe and even US. Most of the world stock market had been up a lot since March 2009.
DOW last 1 year performance
FBM KLCI last 1 year performance
Lately bump caused most of the index erased previous months gain. DOW back to 10,000 level after dropped 7% from peak. And FBM KLCI was below 1250 after dropped 4.6% from highest point. Shanghai Composite Index dropped 9.7%…
DOW past 3 months performance
FBM KLCI past 3 months performance
And finally the stock that I use to monitor ~ Tanjong PLC. It is still above SMA 50. But going to break it soon if all the stock index still going down.
Tanjong PLC past 3 months performance
Back to the question… Is stock market going up or down? Or a far more correction is coming? Hmm… That’s the question that I cannot answer. Look like the stock market is going for side way. Riding the roller coaster.
Yeah… 2009 was a very good year for investment no matter in stock market or unit trust. The bull had been running from March until end of the year. It was a little bit flat at the end but up a lot in overall during year 2009.
FBM KLCI 2009 performance
Wow… I started to invest in stock market back in middle of year 2006. Lost lot of money until end of year 2008. Invested in some ‘dangerous’ stocks (gain fast & lose fast). Bought called warrants too. Whenever I look back those years, I laugh. How silly am I back then?
I started to invest late in year 2009. And set target to earn RM 20k in stock market that year. And I achieved it. However, it just managed to cover past few years losses. So year 2010 is a new start for stock investment. I paid lot of education fee and it’s time to gain it back.
What did I do in year 2009 compare to year 2006-2008? I studied stock research firm reports. Be aware of the current economy trend. I selected recommended stock to invest. I did my own analysis of course rather than follow research report blindly. I did not ‘play’ called warrant anymore. And invest in high dividend stock only. Focus on less than 10 stocks only like Tanjong PLC, Mudajaya and IOICorp… By the way, I did lend some money by using stock margin facility. It helped me to buy stock even that I did not have such amount of money. Else I could not reach my year 2009 target.
Looking forward ~ year 2010. This is not a smooth year to invest. Most of the stock price already reached the fair value in year 2009. But it is not impossible to make money this year. So I set another high target for me ~ RM 30k. Let’s fight for it. 
Intel is being sued again… Federal Trade Commission (FTC) sued Intel finally. I expected this day to come. Just not so soon. As expected too, INTC stock price dropped while AMD and NVDA stocks price went up…
INTC, AMD and NVDA performance from 15th to 18th December 2009
What FTC wants (taken from AnandTech):
- For Intel to stop doing all of the things mentioned above.
- Intel cannot require OEMs to purchase only Intel CPUs and GPUs, purchase them in specific quantities, or to not purchase competitors GPUs and CPUs. This is effectively a stab at the rebates Intel has been offering for bulk purchasing, and the advertising help Intel has been offering to bulk purchasers.
- To stop prioritizing CPU shipments to loyal OEMs.
- To stop withholding technical support from disloyal OEMs.
- For Intel to be disallowed from producing/distributing any software or hardware that unreasonably excludes or inhibits the performance of competitors’ GPUs and CPUs.
- To stop selling things below cost. The FTC is defining this as being the average variable cost plus a “contribution to Intel’s fixed sunk costs in an appropriate multiple of that average variable cost.”
- For Intel to do a few different things about the versions of their compiler that put AMD at a disadvantage (which the FTC is calling the Defective Compiler): offer a substitute compiler to customers for free that is not a Defective Compiler, or to compensate customers in switching to another compiler, to provide notice to software buyers of products compiled using the Defective Compiler that they may need to replace their software.
- To stop Intel from making misleading statements.
- To prevent Intel from coercing benchmark organizations into adopting misleading benchmarks.
- For Intel to license the QPI and DMI buses to 3rd party chipset manufacturers.
- For Intel to not block the Global Foundries deal (AMD and Intel already settled this) or any similar deal that VIA might make.
- For Intel to stop badmouthing competing products unless they have solid scientific evidence.
- For Intel to foot the bill for the independent organization that will monitor this.
FTC helps Nvidia a lots. If all of the above does happen, Nvidia will have its chipset department running again. Did you see any Nvidia powered Core i5 or i7 motherboard lately? Nope. And you won’t need to use underpowered netbook with Intel chipset again. And wait for Nvidia ION platform 2 now. 
Intel first Larrabee chip’s retail release has been canceled. What does this mean? Intel will not be able to compete with AMD and Nvidia next year in GPU war.
INTC, AMD and NVDA intraday performance on 7th December 2009
Both AMD and Nvidia stock price spiked to 8% and 12% after this announcement. I also sold Intel stock at USD 20.50 after knowing this. Hmm… Can INTC still going up? Yes. But not in this few weeks until the next quarter annual report announcement. And it depends on the annual report. Based on the INTC historical record, it really hard to perform like Apple Inc. stock AAPL which already back to its highest level after 2008 economy crisis. INTC was around USD 27.00 back then.
Be sensitive in every area if you want to invest in stock market.
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