Technical Analysis: Bolinger Band Squeeze

MAYBANK (1155)


D&O (7204)

CSCSTEL (5094)

WASEONG (5142)

Recently a lot of stock break up bolinger band squeeze.

Are you spot another potential break up stock???

Maybe you can monitor below stock,

AHealth (7090), Maybank (1155)

Do take note that it might break down as well.

Remarks:

Pls buy at your own risk & consult your broker before buy or sell!

Tips on how to file your income tax and claim exemptions

EVERY employee when filing the tax return (Form BE) for year of assessment (YA) 2009 on April 30 has to understand the concept of income exemption, deduction and relief in order to maximise the tax benefits available under the Income Tax Act 1967 prior to paying the legally required amount of income tax.

Income Exemption: Generally, any amount paid by the employer to the employee in relation to having or exercising an employment will be taxed. This refers to employment income such as salary, bonus, gratuity, commission, allowance, director fees and many other forms of remunerations as stated in section 13(1) of the Act.

The Government, however, would from time to time legislate through the Act or gazette order (PU(A) Orders) on the category of income paid by the employer where tax exemption will be granted. This means that such income will be excluded from the income tax computation.

In short, the phrase “income exemption” refers to employment income that is excluded from taxability.

Deduction: Employee can only deduct expenses incurred in carrying out the employee’s duties provided allowance has been received from the employer. This generally refers to travelling allowance, entertainment allowance and meal allowance.

Income tax only imposes tax on net income, ie. after deduction of the required expenses incurred in discharging the performance of the employee’s duties. The amount to be taxed is mathematically computed as follows:

With effect from YA 2008, payments by the employer to the employee in the form of child care allowance, payment of traditional medicine and maternity expenses constitute tax exempt income to the employee. The amount paid in relation to these expenses by the employer is tax deductible against his business income and yet not taxable in the hands of employees.

The relationship between the employer and the employee is illustrated in the above table.
 

If the employee incurred on his/her own child care, medical expenses on traditional medicine or maternity expenses, these expenses are not deductible from the employment income due to the followings:

● no allowance has been received from the employer on these items;

● it is not related to the carrying on of the employee’s work;

● it represents personal expenses which are not permissible under the Act.

The Act only permits the deduction of expenses provided it is incurred “wholly and exclusively” (the sole objective test) in discharging the performance of employees duties as stated in section 33 of the Act.

Tax Planning: Since the expenses are tax deductible to employer, it would be tax efficient for the employee to forgo their bonus in exchange for these benefits as child care allowance, medical expenses on traditional medicine and maternity expenses that are given by the employer to the employee are tax exempt on the employee’s hand.

Alternatively, employer may consider providing these benefits to the employee at the additional cost to the business but it gives employee loyalty to the firm in long run.

Tax relief: The Act provides a list of items deductible from any income earned by a resident individual in order to relief him/her from tax burden. These expenses are essential to provide welfare to an individual and are given to any resident individual irrespective whether he/she is earning business income, employment income or investment income. The resident individual refers to an individual who has been staying in Malaysia for at least six months.

Click
here for the complete article by tax consultant Dr Choong Kwai Fatt from the Faculty of Business, Universiti Malaya, as he takes you through the basic issues on how to file your tax returns before the April 30 deadline.

Source:
http://biz.thestar.com.my/news/story.asp?file=/2010/4/14/business/6027384&sec=business

Seminar: Opportunities In Foreign Markets

OSK Investment Bank Bhd, in collaboration with DMG & Partners Securities Pte Ltd and
OSK Holdings Hong Kong Ltd, proudly presents an EXCLUSIVE SEMINAR on the opportunities in foreign markets.

Date: Friday, 23 April 2010
Venue :
Wawasan Open University
Lecture Theatre 1, Level 5,
54 Jalan Sultan Ahmad Shah,
10500 Penang

5.45pm Registration & Dinner
6.30pm Welcome Remarks
6.40pm Precious Metals Trading
- Ms.Mandy Lam
Managing Director – Business Development
OSK Futures Hong Kong Limited
7:10pm Hong Kong Stock Market Outlook
- Mr.Tan Swee Koon
Research Analyst
OSK Securities Hong Kong Limited
7:40pm Singapore Stock Market Outlook
- Mr. Leng Seng Choon
Co-Head of Research
DMG & Partners Securities Pte Limited
8:20pm US Stock Market Outlook
- Mr.Tony Petrilli
CEO, ViewTrade Holdings USA
9.20pm Q & A Session

Kindly RSVP your participation by contacting your Remisers, or call Susen or Ling Ern at Tel: 04-263 4061 on or before Friday, 16 Apr 2010.

* Only registered guests will be allowed.

KKB update...

5 reason that KKB Engineering Berhad (KKB) will BULLish…

1． 15sen 股息 (Ex - Dividend: 12 May 2010,  The payment of this First and Final Dividend is subject to the shareholders' approval at the forthcoming Thirty-Fourth Annual General Meeting to be held on 11 May 2010. ) 

2. Bonus issue (Will be confirm on forthcoming Thirty-Fourth Annual General Meeting to be held on 11 May 2010) 

3. Share split (Will be confirm on forthcoming Thirty-Fourth Annual General Meeting to be held on 11 May 2010.)

4． 1億9600萬令吉SAMALAJU水供工程

5． 砂拉越再生能源走廊（SCORE）SCORE project

From insider Acquired the stock, i am confident that dividend, bonus, share split will be confirmed on forthcoming AGM. Added, this few days are trade on support level. By next week, is should rebound.

 

Remark:

Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Stock of the Month, April 2010: KKB Engineering Berhad (KKB)

5 reason that KKB Engineering Berhad (KKB) will BULLish…

1． 15sen 股息 (Estimate mid of April will announce the entitlement date)

2.  Bonus issue (a few weeks after dividend, estimate end of April or May 2010)

3.  Share split (a few weeks after dividend, estimate end of April or May 2010)

4． 1億9600萬令吉SAMALAJU水供工程

5． 砂拉越再生能源走廊（SCORE）SCORE project

 

If refer to existing counter like KPJ (Share split + Bonus + free warrant), MAGNA (Share split), QL (Bonus), OSK (Bonus)， HAIO (Dividend + Share split + Bonus) etc, once the entitlement date announced, all the counter keep rebound, become higher high.  Added, now consolidate around RM5.80 level, may consider cheap.  

 

Do take note that KKB is offer quite attractive share split + bonus, so now is the right time to accumulate.

 

Remark:

Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

 

KKB ENGINEERING BERHAD爆升的4大因数

1. FIRST AND FINAL DIVIDEND

2. PROPOSED BONUS ISSUE

3. PROPOSED SHARE SPLIT

4. 砂洲再生能源经济走廊下推动的水利能源发展计划

之前有KPJ，HAIO (dividend + bonus + share split) 的都会跟KKB。。。

类似的股，走势很强，可以说包赚的股！

 

从图表，当它overbought过后，insider也开始dispose套利，

调整后+insider又买回，现在股价继续冲。。。

只要突破RM6.10大关，它就会创新高点！

Remark:

Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

KKB ENGINEERING BERHAD Dividend, Bonus & Share Split

FIRST AND FINAL DIVIDEND

Recommended a first and final dividend of 15 sen per share, consisting of 5 sen (tax exempt) and 10 sen (taxable at 25%), in respect of the financial year ended 31 December 2009. The dates of the dividend entitlement and payment will be determined at a later date.

 

PROPOSED BONUS ISSUE

Bonus issue of 48,336,000 new ordinary shares of RM1.00 each held in KKB (“KKB Shares”) (“Bonus Shares”) to be credited as fully paid up on the basis of three (3) new KKB Shares for every five (5) existing KKB Shares held on the Entitlement Date (“Proposed Bonus Issue”);

 

PROPOSED SHARE SPLIT

Share split involving the subdivision of every one (1) existing ordinary share of RM1.00 each held in KKB into two (2) ordinary shares of RM0.50 each (“Subdivided KKB Shares”) held in KKB on the Entitlement Date (“Proposed Share Split”);

You may refer HAIO trend to do $ projection, how high will KKB go!

http://stocktalk-quah.blogspot.com/2010/01/hai-o-bonus-share-split.html

As today, seem like already overbought on this counter. 

Once correction is coming, there is a lot opportunity to buy this stock.

Let keep this stock as our watch list, dun miss the coming GOLDEN opportunity!!!

Remark: 

Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

HAIO 爆升再爆升的因数！！！

HAIO announce share split & bonus issue ex-date as 16/03/2010.  

If refering KPJ (bonus+share split) trend, HAIO should be as below:

a few days before ex-date, KPJ up around 15%!

If calculate based last trading day of HAIO(after annouce ex-date), RM9.70 x 15% = RM1.45!

So i m predict that HAIO will reach RM11.15 new record!

 

Today HAIO already stand at RM10.50… I am confidence it will easily break through RM11.15… How high will it go???  At current stage, I really no idea! Do take note that end of March, HAIO will announce their quarter result as well!!! So this bull will continue & will be more bullish after share split...

Remark:

Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

HAIO 爆升的4大因数

海鸥目前拥有上升的本钱，所以没有人卖压！

一些人intraday 买卖。。。一些人contra T+3。。。当市场没什么票时（调整完毕），就一触激发，直上！

HAIO 爆升的4大因数如下：-

1. 10% Dividend (ex-date 23 Feb 2010)

2. Share split (24 February 2010 announce entitlement date)

3. Bonus issue (24 February 2010 announce entitlement date)

4. Quarter/Annual result (March 2010)

From chart wise, it just break through RM8.84 on 3rd attempt... Added, it form a gapped UP...

So, expected that this round bullish will drive the trend to highest record before share split & bonus issue.

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

巴比倫首富‧7招教你做有錢人

要致富，先要從基礎的理財智慧著手。《巴比倫巨富――給你的12黃金定律》一書的故事背景為古代的巴比倫，透過巨富傳授脫貧之道，讓讀者看故事學理財。

故事講述巴比倫的國王發現，只有少數懂得如何獲取財富的人壟斷了財富，而一般國民都缺乏有關知識。為了令巴比倫成為世上最富裕的城市，國王找來巴比倫最富有的人阿卡特，向100位老師傳授7個致富方法，再讓那些老師把知識進一步傳授給其他人。


方法1：持續儲蓄

阿卡特指出，任何人只要持續地將收入的十分之一用作儲蓄，並作出聰明的投資，就肯定可以創造出一筆可觀的資產。

不過，阿卡特亦指出：“把儲起的資金投資在自己不熟悉的事情上，或強行作出不賺錢的投資，又或過份自信於自己的粗淺經驗，黃金就會棄人遠去。”

方法2：勿亂花費

阿卡特說：“不要把‘必要花費’和‘慾望’混為一每個人都有很多收入無法滿足的慾望，因此我們需要仔細想一想日常生活習慣中，有哪些自以為是理所當然的花費其實是可以減省的，從而把支出控制在收入的十分之九之內。

方法3：投資賺錢

阿卡特認為，“擁有一個裝滿黃金的錢包會讓人愉快，但它不會替你賺錢。”

讓儲起來的錢為自己賺錢，才可以建立真正的財富。

方法4：安全投資

“每個擁有黃金的人，總會被眾多機會所誘惑，而這些機會看起來都似乎會讓人賺大錢。”

阿卡特認為，明智投資的第一原則就是安全，確保在安全的情況下如期收回所投資的財富，並要在能夠獲得合理利潤的情況下投資。

方法5：購買房子

阿卡特建議擁有財富的人購買自己的房子，因為擁有房子可大大減低租金開銷，讓收入用在享受生活和滿足慾望上。

方法6：未雨綢繆

人人都應該在賺錢能力逐漸減少前，準備好一些足以備用多年的投資或存款，為日後不再年輕，或因離世而無法再照顧家人作好準備。

阿卡特說：“有些人可能會購買房屋和土地……當你出租或變賣，所得的就可以達到確保未來收入這目的。”

阿卡特又預期，有朝一日有智慧的人會想出一套保障死者家屬的計劃，人們會定期支付一筆小額款項，而這些錢會累積成一筆可觀的金額給申請人家屬。相信阿卡特所指的，就是保險這現代發明。

方法7：提昇技能

阿卡特表示：“隨著智慧的增長，我們賺得更多。一個人如果對於自己的工作精益求精，他自然會得到豐富的回報。”

要擺脫貧窮的最後一個方法，就是培養自己的能力，令自己變得更有智慧及更有技能。
星洲日報／投資致富‧財富教室‧2010.01.25