TA a buy

TA enterprise have emerged stronger ever since returning to black a while ago... its 3Q results is impressive having compared to a year ago.. TA tripled its net profit to ~71.4mil and have a comfortable quick ratio of about 2...net cash generated from operation is at a healthy 200mil...

Revenue from stock broking and financial services remains the main revenue generator and will only get stronger in the next 2 quarters.. revenue from property development is also catching up fast, running close to 23% of the total revenue.

Chart wise, i don't see anymore room for downward movement...pretty much bottom out... its NAV is close to $1.50 a share and at current price its a discount.... :)

Reiterating a buy on Leader...

I have been posting about leader every now and then and it's pretty obvious the base is at solid $1.00.. leader is fundamentally good and business is very encouraging especially 2008-2009, thanks to the huge development plan both north and south of this country... being the largest cble supplier and main source for the country's cable demand, leader is poised to pose higher revenue and profit in many financial quarters to come. Given current situation, I expect this stock to reach $2 in the next 7-9 months...

Why we just need to earn more money...

Gov ministers should stop manipulating statistics by using mean household income to describe economic well-being of Malaysians when the lower median household income paints a truer picture of the earnings capacity of ordinary Malaysians. The government had said in Parliament that the mean or average monthly household income for the Indian community in 2004 stood at RM 3,456 a month whilst Bumiputeras had RM 2,711, and the Chinese RM 4,437. As such the government claimed that Indians were not marginalized but better off than bumis. This is not the reality reflected on the ground.
Statistics if used incorrectly can lie and distort the truth. these ministers must understand that the median household income divides households evenly in the middle with half of all households earning more than the median income and half of all households earning less than the median household income. According to the US Census Bureau, in 2006 the annual median household income in the US was US$48,201, meaning 50% of American households earned more than US$48,201 whilst 50% earned less than US$48,201 annually.
The mean household income is the income of all households is divided by the number of all households, and is usually affected by the relatively unequal distribution of income when a small number of people controls a larger share of income. The US Census Bureau said that the median household income is "considerably lower than the mean household income and statistically provides a more accurate representation." The mean household income in the United States in 2006 was $ 66,570, or $18,369 (38%) higher than the median household income.
In other words the mean or average monthly household income for the Indian community of RM 3, 456 a month, Bumiputeras RM 2,711 and the Chinese RM 4,437 could be as much as 40% higher than the actual income obtained. Does every Indian community earns RM 3,456 a month or Chinese household earns RM 4,437 a month? A figure half that amount could be more accurate.
The mean or average income data are skewed by income disparity between the rich and poor where the few who are wealthy and monopolise the bulk of the income are over-states the actual income received. I have not been able to obtain the median household income for the various ethnic communities in Malaysia from government data. Until these data are available, the government’s claims of who is better off than who would be disputed.
For this reason, the government is politicizing statistics by using mean and not median household income to enable them to claim that the income gap ratio between bumis and Chinese remained large when it was reduced from 1:1.74 in 1999 to 1:1.64 in 2004 whereas for bumis and Indians, it was only reduced from 1:1.36 to 1:1.27. Until the correct statistics are used, then only can we make reliable and accurate comparisons of actual earning capacity of Malaysians and the respective communities.

It's time....

Bearish over for China and HK market? I would think so...For US market, as we head towards the end of 2007 with Christmas and New Year mood kicking in, I believe consumer spending will continue despite the credit crunch.

Plans to implement fixed interest rates for subprime mortgages in its way and chances of this being approved and roll out is very high... to me it's a win-win situation for both the lenders and the borrowers. However, the plan is to address the possible lawsuits from investors in bonds backed by the subprime mortgages...the longer these rates are suppress, the these bonds will have higher risks...

HK market on the other hand will get its long waited approval on allowing mainland Chinese investors to invest directly in HK equity markets. I'm optimistic that this will happen before New Year comes...HK market has gone through a reasonable correction and now it's set to make a come back... chart wise, fundamental and economic aspect all points to at least 34k for HSI by Q2 next year... so buy when others fear and sell when the rest of the world buy...

How's that....

EPIC posted a ~350% jump in net profit for the third quarter ended Sept 30, 2007 from about 1.9mil a year ago... revenue rose 53.62% to RM40.07 mil due to higher oil and gas activities, contributed partly from the newly privatised port operations.
Declared a dividend of 3.5 sen per share for 3Q, bringing its total earnings per share (EPS) for the quarter to 5.1 sen. In just nine months EPIC's net profit surged 486.9% to RM23.77 mil...EPS stands at 14.2 sen. Very good balance sheet and things are only going to get better for this company... operating model is very healthy and I expect even better results for Q4....

Buy when its low... anything below $2.40 is a steal. :)

Rising star...

Good prospect in the oil and gas industry, the Company mainly involve in engineering and fabrication of production facilities, engineering and fabrication of modules, engineering and fabrication of production facilities of process skid systems, EPCC services along with customized fabrication for the oil and gas industry. Having reported 7 sen earning for the year 2007 and revenue is expected to double next year... and it is set to gain from the rising crude price due to the huge demand worldwide lead by China... set to gain from more projects in the coming days... load up while it's cheap.... :)

Plantation ride...

IJMplant seems to be getting what it deserve of late due to the high crude prices and thanks to that, it's driving up the needs for biodiesel and it's apparent that only plantation stocks are set to gain at this point of time.. this window does not open forever... a potential for buy high sell higher.. it's worth your money and time... you decide. RM4 shoudn't be a problem.

PetroChina...

Its obvious that all punters and traders got zapped when they got involved on Petrochina CWs earlier this week... basically any buyers this week will all be cursing like mad or perhaps must be wondering what the hack happen to Petroch?

Well, nothing special but it's mere profit taking on IPO day.. its classic pull the plug day in listing and coupled the financial scares or worries that the subprime related losses has finally force more banks to reveal the skeletons in their closets... now that Citibank has decided to bite the bullet...basically these are the smoking guns to me... the effect of the possibility of Beijing delaying the plan to allow its people to trade HK shares is very minimum though it's there and i don't deny it does causes investors to sideline...

At China's current situation, any rumor is as good as news itself...having fallen more than 35% of its value in HK share price, PetroChina is definitely more attractive than before, its call warrants are falling back to its pre IPO announcement level soon... so I'd say its time to buy back the warrants... C1 and C4 is ok, just make sure you know how warrants are valued before you decide to wack the one you favor...

I'm placing my bet on C4, as its cheap, has the value of time and has higher potential ROI...
When you start to feel that it would continue to go up further, it's time to sell and vice versa.
The inclusion into HSI will be a boost for PetroChina stock in HK. Shanghai Petro is very much constraint to Chinese investors... so foreign investors will have no choice but to go for HK listed Petro.... enough said, anything below 65 cents is like an 'IPO' to me... the choice is yours.

Sinopec... a good bet.

China Petroleum & Chemical Corporation (“Sinopec Corp.”) is the 2nd largest O&G producer with it's principal operations mainly include exploring, developing, producing and trading crude oil and natural gas...Being the third largest refiner and #1 in China it involves in
processing crude oil into refined oil products... trading and transportation as well as distributing and not to forget about marketing refined oil products... it also produce and distribute chemical products too.. current high price in crude oil prices is hurting Sinopec and is already eating into its profits... however its recent report on its Q3 earning is spectacular as the high crude prices has been causing it to bleed profusely since it climbed from $70 to over $90 per barrel... the recent gasoline and diesel price hike by China gov is a inevitable because the need is overwhelming due the shortages in supply...

The asia's biggest refiner has been shouldering huge losses by selling fuel at the regulated below-market prices by Beijing... inflation fear is real but to let the nation crippled due to shortages of supply is unwarranted... but this is not good enough..more needs to be done to increase the output by refiners...

Now that the price hike has happened, the next to follow will be the hike in natural gas prices which is at an obscenely low level...and not to forget that Beijing needs Sinopec to be there and in order for that to happen, they either increase the oil prices further or to pay subsidy to Sinopec as what they have been doing for the last 2 years...

According to reports, some experts do expect it to receive a subsidy for the third year to compensate its losses....Sinopec obtained a $1.2 billion subsidy in 2005 and $640 million last year.
Some are expecting it to be on the range of 2-2.5bil for this year...

In short more relieves will come for Sinopec because there's only a limit to how far the gov can control the supply and demand force... :)

By the way, with the raise, people in China will change their lifestyles soon to energy saving mode and with the change in consumption pattern of the world due to the high oil prices, will eventually drive down the oil prices back... you think about it...

Asiaep

AsiaEP, good business model.. niche product and is expected to have good earning report.

Short term trading buy is recommended. It looks likely to head for more upside soon...take a look yourself.

Oil and Gas

With oil price hitting USD90 per barrel, it's not hard to understand why some investors changed their portfolio to have 90% O&G stocks...the way it was arrange may sound risky but if one were to take into account the current situation, its difficult to believe that oil prices will not hit USD100 per barrel soon... PetroChina is a company that you should not take your eyes off...

its warrants (c1 and c4) in KLCI are currently with a slight premium and should HSI slip next week, it's time to get your cash ready...Anything below HKD17.60 is good enough for 3 months return of easily 15%. Great upside potential without a doubt... but what makes you a great trader is the timing..how you max your ROI.... for those avid warrant traders, get ready for the entry to earn minimum of 40-50% return in the next couple of months... it's forming and you will get your chance.

Bank of China

Many have been scrambling to catch the china heat of the late couple of months now... for those who have been riding high, congratulations and those who have yet to start, don't worry as you're not that late afterall... with good earning, highly likely to be re-rated soon. Being one of the biggest bank in China it's definitely worth some of your time and money to look at this stock..with asset ~ RM2trillion, it just too big to ignore for investors...

For those who only buys in KLCI, BOC-C1 is there for you, at 22.5 sen it's still a discount big time...any price below 21 cents is a good catch... act now, price is expected to hit HKD6 in a very short period of time.. open your eyes and watch this stock explode.

Mulpha Int

This counter has gone into hibernation far too long, good assets, and Q-to-Q profit is expected to rise..much too undervalued for such a company of its bracket. Good corporate management, stable income, wide exposure for 2nd wind of property boom.. get ready ...projection based on NAV this company is worth at least $2.15 by Jan 2008 ...30-40% upside in the near future of 3 months... you judge.

Melewar... set for higher ground...

This stock is currently slightly below $1.60 while it's NAV is at about $2.53... it's most favourable asset is being the largest shareholder in Gindalbie, an Australian ore mining company...its holding in Gindalbie is worth at least about 80sen per share of Melewar. factoring this, the share is just about 50% is if current value taking this into account... it's exposure to O&G through M3nergy is also something we should not discount out eventhough it poses a slight lost a quarter earlier. Net asset value per share of M3nergy is about $3.30. In short, very undervalued for me... easily gives a 25% return in 6 months time.

Greed... a key factor to downfall....

Well it's indeed a wonderful time to talk about warrants these days... especially China warrants that seem to have the ability to defy gravity...anyway, again those that has earn from this run might just wanna consider locking in your profit rather than building more castle in the air by hoping for more upside from these counters...

The trend of the mother shares of these counters (Eg. CCCC, ChinaMobile) have reach an almost vertical trend.... As much as chinese investors would like to believe that it can go on more, I'm of the opinion that traders should pull the plug and lock the gains... wait the the next cycle... it will fall back... while it does, the money can be put to good use in other valueble counters.

Back to my principle, sell when everyone starts to buy... and vice versa. It's all about the leading the pack... don't be left behind.

Just my 2 cents.

Its time to load up...

Ranhill has gone through a short period of correction from it's all time high of $3.60 early of this month and seems that its now hovering slightly above the immediate support level comfortably... with the anticipation of favourable announcement on the potential oil reserve in Citarum block, it's definitely going to be traded actively in days to come... this stock has huge potential with oil prices currently well above USD80...unless you don't think the result is favourable... ;) Else if you are into O&G, this counter will be worth your time and money in months to come...

Now we really need them...

The last time leader came into highlight here was 1 month+ ago... well at that time it was only trading at about $1.00... now it's back to ground zero and slightly less than that.... cables are necessity for every thing that we do... even wireless network would need fundamental setup before we can enjoy wireless connection... NCER, IDR, 9mp, government's plan to push for a knowledge-based economy and narrow the gap of digital divide, by planning to increase the broadband penetration rate ~50% of households by 2010 will drive leader's business for years to come.

Along with that, they (gov) also gives some perks to those who helps to make this happen..tax deduction be given to employers on benefits such as new computers and payment of broadband subscription fees for employees.... such benefits of that nature received by the employees will also be tax exempt.... I'm pretty upbeat this will drive up Leader's price to $2.13... in the next 9 months.

well, you think about it.

Property buy....

When we talk about potential benefits of property sector in Penang, we think about the scarcity of land in the state particularly the island...that's why companies in property sector should continue to buy land and increase their land bank reserved for future projects... land value will shoot high in time to come especially regions in like Butterworth, Sungai Petani, and Penang Island itself...

Equine who owns 25% in the Abad Naluri which is developing the Penang City Centre project is a worth to buy counter. No doubt it posted a lower pre-tax profit on the Mar 31st 2007....profitability will only improve from now on...with ~300ha of undeveloped land owned by Equine, this company is on the look out for more land to aquire...It's housing estate project in Batu Kawan, penang will bring in higher profit margin thanks to the second Penang bridge project which is currently at the preliminary stage of development.

This company basically is focusing mainly on the north region and is also looking at increasing its stake in Abad Naluri. More projects to come and its land bank reserves mainly in both Penang and Selangor will keep it occupied for 5-10 years to come...

A really good buy...

Who else?....

Well, when we take about construction, gov related, get projects like it or not... MRCB comes into mind for me... having already working on the RM2 billion comprehensive transportation hub project called Penang Sentral, this company is also the favourite to win the 1.6bil Penang monorail project after getting a boost back then when Penang Port (PPSB) joined its consortium to bid for the project. MRCB is also in the bid for the 1.1bil PORR project in Penang.

With the government's efford to transform Penang into an infrastructure hub, MRCB will try it's best to secure as much projects as possible from the 9mp and the NCER.

Also not to forget the future potential on property development in Penang which is something MRCB will stand very favourable to benefit from this property boom.

For me it's a buy... TP $3.80 by new year. Frankly i feel every stock players should have this counter in their portfolio at least for now until next year... ;)

Why the sudden hoohaa...?

What that was expected to be the worst Friday turn out to be a biggest u-turn we’ve seen for a couple of years …. First why would a half a percent cut in the discount rate make such a big difference? No doubt this seems to be the best move by the Feds to turn things around but will this solve the underlying problem that causes the credit crunch in the first place? I don’t think it’s that straight forward…

First, the reduction by 50 points on the discount rate is some what mediocre in comparison to the situation that we’re facing right now… at least what the mortgage market is facing… second, the subprime issue is still very much in the midst of the problem… what is happening to the sudden u-turn in the equity market on Friday are merely the perception by the people that liquidity issue will be reduced from now onwards….

Seriously the Fed have got to do more than that to ensure the liquidity problem is eased… but in general, it’s still a good move by the Fed to stem the continuous drop or what I think could have been a historical Black Friday of 2007 should Bernanke had not made this decision.

And don't forget about the effect of this on inflation... it's a concern for sure...

Word of caution, the dust is not clear yet…this does not solve the problem right away, sorry no magic.

What are you thinking?

Well, during stock market boom time most people earn money by just buying what ever stocks that comes into their mind... little do they even care to read up on the company that they are buying into....To be frank there are more younger stock traders/investors these days compare to a decade ago where most of them are relatively much older in age....

The younger generation realizes much earlier that in order to be financially sounds and ultimately achieves financial freedom is through investment.
However, stocks are not like any other tangible assets (eg. Property).

Tangible assets will in time appreciate in value because as the human population grows, available land/resources on earth are scarce and depleting. The demand for such assets will only increase as time past.

Stock price on the other hand is a value that represents a corporation which the current market feels it is worth. Stock price will not necessarily go up as the time past…and this applies to good company as well. A performance of a company in the future depends very much on what the company does today. The goal, plan and vision it has today is crucial to determine it’s profitability in the future or even the survival of the business in the long run.

Having said that, by just buying a stock and keep without monitoring it’s profitability and business condition overtime is like walking across the road in the middle of the night expecting nothing will hit you.... trust me you will be hit one way or another.

Therefore entry and the exit timing is the most important thing an investor needs to master and grow its financial power. Only then one can maximize return in the shortest possible time.

So try looking into the future and anticipate the upcoming wave of interest before you invest…well a few good ones will do the trick….there’s no point in having a lot of counters…put more time and money into the few key stocks. That’s all you need…

Cables.... everyone needs them.

Well, we've been watching leader moving up quite significantly since we last talk about it...having hit a high of $1.38 about 2 weeks ago and then succumbed to profit takings activities as the CI retreats from it's attempt to break 1400...

being the largest cable and wire supplier in the country definitely has the advantage to capitalize from the recently announced projects like NCER and the IDR. Being the main supplier for TNB also 'quarantees' a significant portion of it's income flow. With the current direction from the Ministry of Energy, Water and Communication to require TNB to change it's distribution network and perform a revamp to its existingly old cables and wire to prevent power outage complaints from increasing. There's no reason why TNB would reject such directives as the company has been reporting rising profit Q-on-Q.... :)

Again, with Penang being the target to be developed into a infrastructure hub and particularly on the 18bil dollar project to develop the a land size of ~255 acre which will have hotels, commercial and residential properties.. how much can leader reap from all these...?

Plenty....and alot more to come in the future to strengthen the income flow of this company.

I would recommend a buy on this counter based on current situation with a 12-months TP of $2.13.

Dijaya Corp

With NCER being the talk of the town lately, let's not forget one good counter from the property sector Dijaya Corp. With a sizeable and valuable land bank in Klang Valley, this counter is expected to have an increase profit in the next couple of years... it is under-rated for sure... Having last traded at $1.42 as of last friday....With $1.39 serving as the first support level followed by $1.32, unless this level give way, i think it's about time to get your bullets ready for the entry. The market's gonna be volatile next week no doubt about that...

Some how i think the worst is yet to come... so don't rush in yet... the period will present itself for a nice entry point.

With a book value at about $2.18.. this stock is trading about 35% discount but the upside will take time... therefore... anything below $1.4 is a good buy... so entry point is crucial... and this is the time i can say that somehow time is on our side...

The choice is yours.

Oil and gas.....

Well, oil and gas run has surely begin since early of this month...how long will this continue?...with oil price hovering at about USD75+ per barrel... it's no wonder people are rushing in the grab a piece of the pie...

well, not all O&G counters are 'worth buying in now...some are too pricey for it's future earning...

only a few is good to even consider... the one i would like to focus on is KNM.

Being award the Pahang biodiesel plant project(~125mil) and the previous few projects by it's subsidiaries (~250mil) is going to start contributing to it's Dec 2007 statement of financial position positively...

Well, that's not all cause there's going to be more projects to be unveil in the new future...

Chart wise, it's testing the support band of $4.80-$4.90... fundamentally, the business model is solid and the state of it's corporate governance is relatively excellent... so watch out....9 months tp is $6.30

Ranhill

How's much faith do we have on Ranhill's oil discovery at Citarum block to be huge enough(~200 barrels)? Will the ~RM25bil oil pipe project take off?...will banks even consider loaning money to the project?

How badly do you think we need this project? How economically viable do you think this project is and what are the chance it stand in posing as a treat to Singapore's status as a premier oil storage hub?...i think unless we see more promising events coming up on this projects, or perhaps Petronas backing it financially, we should really trade Ranhill cautiously...

With it's total receivables standing at about $1.2bil...ranhill couldn't afford to continue to let this number rise further and hurt it's balance sheet.

In short, don't get carried away... people are buying base on future earnings and not real profit yet. If you're into real long term, who cares.... but traders... be alert.

Time is right...

For those who missed out on IDR counters that shot up before you guys managed to buy, don't worry nor feel left out for opportunity always presents itself in stock market...

Mulpha closed at $1.65 today...time to pick up for the next IDR wave... cheers.

Steel counter at a steal...

This is one counter that basically all investors should have at least for 6 months down the road...

Well, standing at NAV is $2.19 with relatively good track record and with a PE of about 6.5 this stock is a steal at $1.47(today's closing).

With the cement price cap lifted last month, steel price is still capped... but will this be history soon?...i believe so.

Why?...here a a few...

1) With so much constructions involved in 9mp, the gov just cannot afford to let the steel issue cripple the flow of those projects which is crucial for the development of the country...

2) Developer cannot absord the price difference no more...

3) Illegal transaction are rampant due to shortage...

4) Small developers will wind up and the Gov will be blamed and this is not good for the feel good factor nor the election...

So conclusion...buy.....lots of them and keep.

Free style...anyone?

When we talk about investment style, many people tend to stand behind their own technique... which only make sense because why would someone practise and preach on a particular approach/technique of investing if it's not working? It's not like they're getting paid for doing that.. are they? i really don't think so...

In fact, how many people do you know that teaches you what technique to use these days apart from some trading/investment books written by some very famous and successful people in the investment community. I'd say, almost none... Why?

Because of the very hard fact that human cannot be taught effectively when it comes to making money...and when I said, making money I'm refering to being independant and generating money on our own capability for the rest of your life.. being able to continuously learn and evolve to suit the condition of the investment field.

I believe many successful investors/traders nowadays all learn the hard way... start out with little knowledge, little money and above all, with the courage similar if not less than "The 300"...dare to fight and die for something they believe in.

Back then those people don't have as much resources for reference as we have today and information is not widely available hence dampering their chances of survival and raising the odds against those brave souls at that time.

While we no longer have to live with that, I still believe that for one to be successful in stock investment, that person has to go through the same journey to experience and develop ones own investment model that suit ones personal character/style.

I believe every individual have his/her own level of risk tolerance(ability to withstand loses), capital size, level of satisfaction pertaining to triple R (risk and reward ratio), lifestyle and couple of factors more which come into mind when someone makes their decision in a financial deal.

As such, there's really no way, one can adopt another persons trading or investment style blindly... there's got to be some serious fine tuning for sure... for it's your own money and future afterall... and basically we bear the consequences of our own actions.

So start the journey early... for time waits for no one.

Swee Joo...

This investment holding company based in Malaysia with core business focusing mainly in provisioning of shipping services which last year contributed about 95% of its total revenue for last year.

ROE is healthy and good.. Second quarter profit meets expectation..

With it's curret expansion plan on going and 2 new tankers Asia Star and Asia Bright both due to arrive end of this month and early of next year respectively, I seriously think there's a possibility of expanding into the more lucrative business of tranporting crude oil... with TPP oil pipe project approved and once this project takes off, it'll definitely shed more light on this area..

A 20% growth is relatively easy to achieve...so Swee Joo is a good buy for medium term.

Mulpha Land... worth your time?

Mulpha Land rose about 80% in 2 months!....what other investment tool can give you such handsome return?...well, you can argue there are a few but what are the risk to reward ratio if compared to trading/investing in good stock.

hmmm, but then again which stock is good stock nowadays... Transmile which is a gem to many investors turns out to be Enron#2.... so i guess luck does play a part in our life...

I was told that hard work is 70% while luck is 30%... i think there's truth in it... after many years of investing in stock market...i realised that hard work alone is never enough...

so back on Mulpha Land...why this stock and why now?... honestly, there are many stocks out there worth buying now but we just cannot cover all.. so a few 'good' ones would do the job... :)

Well supported at ~$1.80 i think there's just more upside... having return to black from last year's loss...it's subsequent quarter profit is likely to be more... unless there's other news to feed the bear... i think this counter could just break past $2 in the short term.

Well, I already have it... now it's up to you...

Election...still guessing?

Election is coming!...that's something frequently heard nowadays when you talk to people from all walks of life..in fact, a visit to any mamak stall would give you a feel of the enormous interest the public has in trying to spot the election day.

Many believe a bull run in the stock market will happen before the election takes place. Reasons ranges from wanting to generate a feel good factor, flourishing economy, raising money to run the election and etc..

Well if you think of it, that's a logical thing to do.. so to say that another bull is coming prior to election, that's just a matter of time. (provided, the recent consolidation(cash out) is not done mainly by people who funds the election...)

Again, what else do we need in election apart from money?

hmm, here's what i think.

1) A majority of the people feeling contented and at least happy with the ruling government.

2) The preparation of the relevant parties to execute the election smoothly.

3) Timing.

Having said that, #1 is already taken care of with the economy growing steadily, 9mp projects flowing and the timely approval to raise in the salary of the civil servants.

#2 With the 'news' that a group of gov servants are told to prepare and their annual leaves being cancelled or frozen for the month of Mar '08 is worth noting.
#3 This is the only thing that keeps many of us on alert. Bear in mind it has to be before April'08.

So let's do some thinking. Is it necessary for the people in that sector to be informed so early ahead of time? Is this a trick to divert the attention away from the topic while the Gov prepare for the election? or it's a real thing?

For me... I think it's likely to be next year...coupled by the fact that this 2007 is Visit Malaysia Year, the odds are pointing to next year.

That's my opinion...what do you think?

Leader building base....

Leader's run is not over yet... as more upside to come after this mild adjustment...don't be spooked by current retracement on most of the world equity markets... for if you know what you're doing, why worry... so for those who have this counter, hold...those who don't have may wanna consider loading up on weakness...

Eden will move higher...

Can EDEN sustain profit taking and move higher?...Having hit a high of $1.40 last few days... The bull and the bear seems to be having a tussle and the odds are likely to be favouring the former...unless it falls below this immediate term bullish line...there should be more upside.

TA a good vehicle to ride the bull...

TA is a good stock to invest in based on the potential it has on earning's from the trades in stock market and it's huge investment in property.

While people anticipates on the possibility of next property play in KL, we should ensure that we're well position to gain something when that happens... many good stocks are available for selection...since many of them have moved quite abit...TA is the best of both world for me..

Unless you think otherwise, there's no reason why TA will not surpass RM2 in the short term..

So both TA and TA-WB is buy for me... US went down yesterday so perhaps there's a chance to buy when it's low...

TWSCorp still bullish...

At this point of time this counter still remains bullish...

having reported a pretax profit of about 17 mil as compared to loss of ~17 mil a year ago....with a net asset per share of ~RM2.18.

Theoretically, there's still about 25% upside.. most importantly as long as it closes above the gap, the stock is set to gain further.

so forget FD or unit trust....be a fund manager yourself!...

More news on KPS...

Kumpulan Perangsang Selangor Bhd (KPS) is well placed to secure the Langat 2 water scheme project, said executive chairman Datuk Abdul Karim Munisar.Speaking after the group's AGM yesterday, he said KPS had been involved in Langat 2 since 1999 and had spent some RM5mil on preliminary and feasibility studies on the project.In his first ever statement on Langat 2 since taking office in 2004, Abdul Karim said: Being a government-linked company with the expertise and financial strength to undertake the project, we are putting all efforts to make sure we do our best to realise it¨.

The Langat 2, which is part of the Pahang-Selangor inter-state water project that would be opened for tender in the second half, is a treatment and storage facility for raw water that is transferred from Pahang.The facility would reportedly cost RM2.5bil.With the Government planning to stop awarding water concessions to private companies, KPS is currently the top candidate to develop the facility.

Its up to the Federal Government now,¨ Abdul Karim added.He said Langat 2, when fully operational, would double KPS' supply capacity to some 4,000 million litres per day (mld), making it the country's largest water supplier. The underground and surface water project is slated to provide a total of nearly 200mld. KPS made itself a clear-water player by recently taking control of treated water supplier Konsortium Abass Sdn Bhd.It also has a 30% stake in Syarikat Pengeluar Air Selangor Holdings Bhd, which is the concessionaire for Sungai Selangor Phase 1 and 3, and 20% in Taliworks Corp, a subcontractor to concessionaires and a concessionaire for water supply in Langkawi.

Meanwhile, Abdul Karim said the group was looking at venturing into a RM150mil independent power producer and RM600mil toll-road projects, both in Sumatra.Initiated by the group's partners, these projects would be KPS' maiden forays abroad. Next will be a water project in China,¨ he added.The group, according to Abdul Karim, is also talking to some state governments on the potential of mining projects.For the year ended Dec 31, 2006, KPS posted a pre-tax profit of RM28.3mil compared with a pre-tax loss of RM123.8mil previously.

My opinion: Buy and keep, for more upside is coming.

PetroChina-c1....huge upside

Those looking to capitalize on SSEC/HKSE next bull might wanna consider PetroChina-C1 issued lately and has since gone on consolidation mode from it's peak of 24cents(intraday) to about 17 cents of late. Chart wise petrochina looks set to break higher soon...hence no harm trying to piggy-back the ride of it's mother stock through it's warrant. It's warrant chart indicates that it may continue to consolidate further for a couple of days more...so set your target if you're a O&G 'player'...

stock watch...

Few trading ideas to ease the itchy hands...

KPS....2nd leg of the race has begun(as expected in previous blog)...more upside is expected in the short term to hit RM2...

Dialog, consolidation is about over... get ready for next phase.

Tekala, bullish trend to continue...

Melewar, waiting incessantly for its turn...

Thgroup, join the plantation race... similar to mvest? (rose quite a bit already...)

Feel free to share your opinion...:)

Melewar poised for more upside.

A company with a relatively healthy business results. Chart wise, very much bullish...Potential high return in the short term...that's what I think.

Have a break...

Enjoy....

Bull on the loose!

Oil and Gas sector is hot in play due to the high oil price...posted EPS of 4.51 cents for the period of 31/3/07 compared to 0.43 cents on the corresponding quarter of 2006.

EPIC continue to put on gain this week... having touch $2.47 before closing lower $2.38.

A shooting star emerged and on the other hand there's a rising gap... tomorrow's trading will be interesting to see... given a choice between the bull and the bear, I'm placing my bet on the former... fingers cross of course!

KPS ready for next move...

KPS is currently trading at $1.27...with NTA of ~$2.00... i believe there's more uptrend to this stock... second wave might just be around the corner. Watch out..

Leader on the run...

Leader posted revenue of more than 580mil for the quarter ended on 31/3/07 and EPS rose more than 50% from the previous year quarter results. NTA currently stood at ~90 cents per share. MACD cross above the 9-day EMA look set to confirm with a MA zero crossover. Should this happen, this stock should spring above immediate resistance of 82.5 cents. and subsequently break the 85 cents 'ceiling'.
With cable and wire business contributing more than 90% of it's revenue, leader is poised to reap from the 9mp. Target price for this counter for the coming 9 months is $1.06.
Not a bad place to park extra cash...:)

stock updates...

Insas-wa rose 3 cents today...3 consecutive upward trends and closed at 24.5 cents....with a minimum 20% gain from few days ago. Mother share lacks though..bargain hunting for the coming bull?..

Dbhd, a speculative counter and a retail 'investors' favourite...this counter made a big jump today. rose 20% alone in today's trading...what's driving this up trend...? will it continue to break resistance?...bullish trend is intact from TA point of view. Let's wait for comfirmation...is this bull in a race? or just a knee jerk.?

Same old story...

Malaysia to decide on a partner for Proton Holdings Bhd within the next 3 months....sounds familiar? Well the Proton Holdings Bhd. reported its fourth straight quarterly loss....citing reasons such as lower car sales and declining margins..... innovative is the key word.
Proton posted a loss for its fiscal fourth quarter, ended March 31, of about a mil.
For the year, Proton's loss totaled 591.4 million ringgit, compared with a net profit of 46.7 million ringgit a year earlier. Well, the model does not work anymore?
Fourth-quarter revenue fell 29% to 1.27 billion ringgit. For the year, revenue was 4.92 billion ringgit, down 37% from 7.8 billion ringgit...any reason why?
The company, 43%-owned by state-owned investment firm Khazanah Nasional Bhd., sold 110,358 cars in the 2007 fiscal year, down 40% from a year earlier.Separately, Malaysian Prime Minister Abdullah Badawi wants Proton to seek talks with other auto makers about a strategic tie-up, after Volkswagen AG turned down a proposal to take an equity stake in the company."I have decided, since Volkswagen is not interested in the proposal that Proton wants in terms of equity, Proton needs to talk to other people," Mr. Badawi said Thursday.
Like I said earlier, anyone with brain would say no to such deal... it's a no deal!

Meanwhile, Proton expects conditions to remain challenging because of higher costs for components and intense competition....why didn't the management anticipated this?... short sighted? It expects sales to improve in 2007 with the continuation of promotions and the introduction of models in the third quarter.... i doubt.

Insas... worth the money?

It seems to me that Insas has been oversold lately...those who are still holding it probably would have given up by now... however, it will be likely for this counter to hit the spotlight again in the future...$0.60 is about to be breached. 100 days SMA is barely able to support. I think those who holds this stock or it's warrant should monitor closely and buy when the stock breaks below that price... you don't wanna missed the chance to get a place when the boat u-turn and makes it's trip back to north.

Are you doing yourself a favor?...

Most people have always been on the look out for opportunity to build wealth... to have bigger houses, nicer cars, more money to spend and lastly the most famous sought after goal among us...financial freedom.

Well, define financial freedom?... the meaning varies from people to people...but i think many would agree with me that financial freedom to many people would means the ability to live comfortable live without having to worry about their financial situation.... which in short means money is not a problem.

How many people have this luxury nowadays? It seems only 5% of the population fits in this category statistically. A report from EPF showed that 90% of the people in this country have less than 100k in savings... hmm.... 100k can only last the most 5 years for those living in urban area...let alone if he/she needs to support their family...easily the numbers would be reduced to ~2 years...based on pure spending/expenses.

The question is what can we do to prevent us from having this problem when we retire later in our lifes?...

It's a no brainer isnt it?.. investment of course!....

Question is what's the best and fastest way to do it? Unit trust, property investment, FD you may tell me...property investment needs a relatively huge capital to begin with...Unit trust and FD on the other hand may sound like the safest and sure way but the return is really mediocre when you factor in the ever rising inflation, medical costs, and many other miscellaneous costs of living.

So after all the consideration, stock investment is the only way to achieve financial stability the shortest way for me. Apart from the small amount for the stock trading fees. everything else goes back to you... lately there's an article on the rich getting richer thanks to the booming stock markets... in China as many as 1million trading accounts being registered in a month!...

I'm not saying that you'll be rich by just investing in stock market but doing it the right way is how you can get there. Warren buffet, Bill Gates do not get rich over night... these people are visionary i would say... so look deep into the future... imagine what the world might be in 10, 20 years down the road...and use that knowledge/information to help you in your selection of stocks... of course current fundamental values of those stocks you've identified matters the most... you don't wanna choose a company that get's into PN17 or worst ends up delisted/wind-up the moment you bought them. Lastly, technical analysis will provide guidance in the timing for entry into the stock market.

So use all the tools and resources in the internet to help you achieve your GOAL, and if you're new to stock investment, the only logical thing to do is to read up on this topic before you start...

You don't need much to start this wealth creation project on your own... I started mine with only RM5k....

So if you don't wanna end up old, penniless, and leaving a life filled with fear, anguish and uncertainty... you better start now for time does not wait for no one.

Ranhill bullish still?..

Fundamentally, the stock is very attractive with a QOQ profit rose almost 100% with the EPS rose to 4 sen from 1.85 sen a year ago. Net tangible asset is currently $1.64.

Widely published news on Ranhill's odds of winning the pipeline project worth ~USD7 bil and a speculation that it could claim another US150M for works done in O&G projects in Sudan puts Ranhill on the spot light under current bearish sentiment in KLCI.

The bearish market sent investors scrambling for safety counters which is supported by positive news while waiting for the return of the bull.... Ranhill is definitely on safe counter to count on... i do hope no hanky panky thingy like Tranmile... ;)

With O&G currently in play, it's very difficult for any bear to topple the bull that is driving this stock... all in all, it's definitely worthy to spend some resources on this stock.

Accumulation time for INSAS-WA?

Insas-wa has dropped more than 50% of it's value since it's peak this year at $0.58.

With an exercise price of $1, ex ratio of 1:1 and lastly about 1 year and 10 months to expiry...this warrants still look interesting to me...

Why?

1) Has about bottom out at current price of $0.22... rock solid support at $0.20.

2) KLCI will rise in due time and insas will reap once investors returns to the market.

3) Chartwise I would like to say a mini-bullish engulf appeared, potentially ending the bear's reign.

4)With time at it's side, though very much under water for now. I think it's worth considering for long term investor.

Don't under estimate this counter...cheap and offer high leverage. Well, that's my view...

On your toes!....

The day has come for us to decide on this cross road... a hangman finally appear today for YTL chart and I think it's only reasonable to see this sign...so take note for those who have bought YTL of late. Tomorrow's performance is like a traffic light signal, if it's green then stay on course... and if it's red, stop, cash out and wait for another signal to join the race.

For me irregardless of whether you're a long term or short term investors, it's only wise to maximize your money... it's not like everyday we can have the luxury to watch out for the signal right?...so get ready guys.

The sign?

Well, today the Malaysian gov announced the increase in the salary of civil servant since the last raise about 5 years ago....with the increase, it will cost the gov ~8billion anually.... what a rich country...I'm not going to comment about the service quality hence let us see for ourself the service quality change.

Anyway, why is this proposal got approved now?...it was brought up last year but rejected...so if you ask people around you....9 out of 10 will tell you that this is an election sign and it is imminent...

Without doubt this will create an even better feeling among the people(civil servant) and these people are then expected to perform their 'job' well.

So how will this affect the stock market?... hmm...a moral boost for sure.

With 9MP projects being implemented soon(hopefully), visit Malaysia year 2007, China Olympics looming and lastly the greatly anticipated election... i think we should sit down and think deep.....identify good investment vehicles, choose wisely, study and plant the seeds...then wait for the harvest.

Don't let your past experience haunts you....learn and gain from it...for a wise person is not born but created through time.

Don't stay put and watch while others build wealth....and back to the sign,... isn't it obvious?!