New listing: MISC-CE, GAMUDA-CE, KLK-CF, HSBC-C4, PETROCH-C6

Be Patient, No Hurry !!!

The market has came down after 25 basis pts rate cut in US. The fact is "sell on news is always right" regardless the outcome of the FOMC meeting.

Market will consolidate for another 2 weeks with high posibilities of HSI re-test the previous low of 25861 level.

Bottom fish when the HSI below 26500. Watch out for China Railway(0390.HK) below8.20 , Sinopec(0386.HK) at about 10.30, and CNOOC(0883.HK) at about 12.20.

Patient and holding power are the key factors to survive in this type of market. Don't forget to do your own study!

New listing: MAYBANK-CG, DIGI-CW, KLCI-CD, HSI-C4, CHEUNGK-C2

New listing: CHOLAND-C1, PINGAN-C1, APPLE-C1, EXMOBIL-C1

CHINA OVERSEAS LAND & INVESTMENT LTD (0688)

Principally engaged in property development and investment, infrastructure project investments, generation and supply of heat and electricity, real estate agency and management, and treasury operations.
CHOLAND-C1 issued @ RM0.07; underlying share @ HKD17.30; premium 10.34%

PING AN INSURANCE CO. (2318)

Its business scope includes investing in insurance enterprises, supervising and managing various domestic and overseas businesses of subsidiaries, and utilizing insurance funds; provision of life insurance, property and casualty insurance, banking and other financial services.

PINGAN-C1 issued @ RM0.09; underlying share @ HKD89.00; premium 5.80%

EXXON MOBIL CORP. (XOM)
EXMOBIL-C1 issued @ RM0.09; underlying share currently trading around USD89;

premium 8.22%

APPLE INC. (AAPL)
APPLE-C1 issued @ RM0.11; underlying share currently trading around USD195;

premium 8.35%

Time to SELL!

What are we waiting for when HSI touched 30,000 pts?? Great opportunities to take profit!!

Buy on rumors and sell on news! Whatever FOMC meeting's outcome is to mitigate the problems. Problems are still exist. The only remedy is the time. It needs time to recover from the severe sickness which is SUBPRIME!

New listing: BJTOTO-CC, GENTING-CI, IOICORP-CF, BOCOM-C1, SINOPEC-C3