UNICO.KL
Profile
The Company is organized into two main business segments: plantations, which involve the cultivation of oil palm, palm oil milling and distribution of palm oil and palm kernel, and hire purchase financing and related activities, which involves hire purchase financing for motor vehicles and insurance agency.
Target Price : 85 cents.
Unico review its total asset value to 85cents.
Trading BUY : TP 85 cents.
Have fun !
Tuesday, September 15, 2009
US - Obama's China Tariffs May be Prelude to Opening Trade
President Barack Obama’s decision to place tariffs on tires from China may be the opening move in a campaign for fewer trade barriers, based on the strategy used by his four predecessors. Obama announced duties Sept. 11 of 35% on US$1.8bn of automobile tires from China, acting on a complaint by the United Steelworkers union that surging imports were pushing US factory workers out of their jobs. Former Presidents Ronald Reagan, George H.W. Bush, Bill Clinton and George W. Bush each took action to protect domestic industries early in their terms before making free trade a focus. Obama, like Clinton, has the added challenge of trying to satisfy trade-wary Democratic lawmakers and the unions that helped them win election. (Bloomberg)
US - Obama Warns Must be Careful to Avoid Removing Stimulus Too Soon
President Barack Obama said recent data suggest the US economy is returning to growth and the administration must avoid removing stimulus programs prematurely. All the indicators would tend to suggest that they’re starting to see growth. The White House last week said it expects the US$787bn stimulus to add as many as 3%-pts to growth in July through September, and it credited the initiative with creating or saving as many as 1.1m jobs. Obama signed the fiscal spending package into law in February. (Bloomberg)
Stock Market Today
"Succumbing to profit taking. The FBM KLCI ended 4.92 points lower at 1202.36 on the back of profit taking of key heavy weights. Regional markets also ended mostly in the red with investors taking a more conservative approach ahead of key data-points to be released later this week from the US. Major local headlines for today are the government to spend RM6-7bn on the LRT extensions, Proton denying management buyout talks and AirAsia to be suspended today for the announcement of the book-building pursuant to its private placement exercise. Overnight, US markets closed higher on a last minute turnaround following gains in financial, utility and industrial shares with crude oil price stable at US$68 per barrel."
From OSK Research
From OSK Research
My Fund Porfolio
If you see carefully, i actually overweight on financial sector on my porfolio.
Global Financial Sector - Overweight
Emerging Market - China, Vietnam - Weight
Global Resource - Overweight - Risk is hyperinflation. Gold price shoot up, All commodities up, stock related also UP.
Vietnam Index Up
These few days, Vietnam index shoot up on hope of recovery. I'm very optismitic on Vietnam market but cautiously invest in this market. Don't throw all your fund into Vietnam Fund.
Next Posting is aboout my current holdings on Unit Trust (FundSuperMart.com)
Next Posting is aboout my current holdings on Unit Trust (FundSuperMart.com)
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