STOCK CALL: Maybank IB Research rates Top Glove (7113.KU) at Take Profit based on charts with downside targets at MYR4.78, then MYR3.80, and MYR3.55. Technical analyst Lee Cheng Hooi says stock of world's largest producer of latex gloves made daily major Wave 5 high of MYR7.38 in July, with grossly overbought, bearish divergent signals, but stock now in "very strong" Wave 3 downtrend. "With the negative crossovers from the CCI, DMI, MACD, Stochastic and Oscillator indicators, we feel that Top Glove has the potential to test our downside targets," says Lee. Stock last +3.7% at MYR5.29, having breached immediate resistance at MYR5.10. Next resistance at MYR5.79.
Saturday, September 25, 2010
Monday, September 20, 2010
BURSA CHAT is also affected

KUALA LUMPUR, Sept 20 — Several news portals, websites and blogs in Malaysia, including Bursa Chat and The Malaysian Insider, have been affected with warnings of malware from Google originating from Innity, an online advertising network. The search giant has now blocked some 600 websites after Innity started serving advertisements that pointed to malware infected sites.

The Wirespot Tech Blog reported that some of the sites include TheStar and MalaysiaKini. The Malaysian Insider, Berita Harian and MySinchew websites have also been affected Berita Harian's site has also gone off-line following the warnings, but it is unknown if the inaccessibility is related to the malware issue.
“According to a report on Google Safe Browsing, Innity hosted malicious software and distributed it to sites that serves the Innity ads. Owners of infected websites are recommended to remove all Innity codes/ads until Innity resolves the problem,” Wirespot reported.
Innity claimed on its website that its network serves 2.1 billion impressions and has over 29 million unique users a month. Some 250 top regional sites in Malaysia, Singapore, Thailand, Vietnam and Indonesia carry Innity Ads.
Google detected the threat on September 19 and the number of infected websites appears to be growing every hour, Wirespot said.
The malware warnings are issued by Google and appear to affect most or all of the most popular Internet browsers such as Mozilla’s Firefox, Google’s own Chrome, Microsoft’s Internet Explorer, and Apple’s Safari.

Internet users visiting several Malaysian sites were greeted by such ominous warnings.

Berita Harian’s site has become inaccessible.
“According to a report on Google Safe Browsing, Innity hosted malicious software and distributed it to sites that serves the Innity ads. Owners of infected websites are recommended to remove all Innity codes/ads until Innity resolves the problem,” Wirespot reported.
Innity claimed on its website that its network serves 2.1 billion impressions and has over 29 million unique users a month. Some 250 top regional sites in Malaysia, Singapore, Thailand, Vietnam and Indonesia carry Innity Ads.
Google detected the threat on September 19 and the number of infected websites appears to be growing every hour, Wirespot said.
The malware warnings are issued by Google and appear to affect most or all of the most popular Internet browsers such as Mozilla’s Firefox, Google’s own Chrome, Microsoft’s Internet Explorer, and Apple’s Safari.



