Nuclear energized bull?

Can the CI go higher beyond 1350 in the short term? Should we buy in now? Should we sell and buy back later?...All these questions are lingering in everyone's mind...even the best financial analyst does not dare to commit anything to it's clients...so since fundamental strength will not affect a stock's movement in a blink of an eye, for traders I suggest we go back to basic TA for direction... A simple summary deduce from the chart indicates that the bull ride is about over...DJ hits all time high few days ago...S&P is not that impressive...Oil prices is rising high and a potential shortage of supply is imminent...

Remember, what goes up will come down... Again, some may say election is coming...so KLCI should stay high to give a 'feel good' factor... but I personally believe the election won't be in the immediate term for sure. Trade wisely if you must...else go back to the rule of thumb..."Buy when the rest is selling and sell when the rest buy..."

YTL Corporation waiting to shine...

This stock really does not command much attention most of the time....it rise and consolidate behind the scene most of the time...current down time is the best time to accumulate solid quality stock like this one. With an estimate TP of about $11.00 this stock is greatly under value... For some small traders, you could opt for a place in it's smaller vehicles such as YTL-CA, YTL-CB and YTL-CC. For once the sun shines again, the ride will starts and those who did their homework will reap tremendous gain...

ASCAP

Advance Synergy Capital should rise further based on it's chart movement...however, it posted a lost of about 45M last quarter.

On its plan to dispose of 20% stake in SIBB to interested parties given a green light, regardless of the value of the deal ASCAP is set to gain from the sale. A trading buy is possible...but practise caution as the world stock markets are currently facing selloff for fearing over heated economy in China...US market opened slightly lower putting pressure on KLCI tomorrow. Current consolidation in KLCI may not be as steep as some of us might think. ^_^ (fingers crossed)

INSAS hitting the bottom yet?

Just a month+ back this stock staged a run up of about 250% before it succumbed to profit takings and followed by the vicious Feb 28th crash which wiped out almost 50% more of it's share price from it's 6-year high of ~$1.07. Is the worst over for this stock? Well, many stocks have recovered well from the crash on feb 28th but this stock seems lagged behind.
With the 9mp and IDR being the main focus of late, we should realize that as much as we want to believe that ctrs like tebrau, uem world, mulpha and ekovest will have relatively high ceiling/ target price due to their involvement in the IDR and 9mp, they cannot continue to run up north non stop.
In the stock market, funds move from 1 sector/counter to another and it'll come a day for a stock like insas to move aggressively again. Having posted a remarkable year-to-year profit last year, there's no doubt that this stock will continue to gain interest in near future particularly it's warrant which expires in about 2 years time. With a strong support level at 0.695, there should be limited down side for this stock given the current market situation. Worth to take a look if, you're considering to park your spare cash elsewhere for another handsome gain in the near future...

just my 2 cents worth...

Leader Universal a sleeping beauty?

Leader Universal which is largest cable supplier is viewed as very undervalued with as compared to it's healthy order book. With a target price of +/-$1.10 from many investment houses, this stock appears to be a bargain for many investors. Overshadowed by the current heat on IDR and 9MP projects, this stock was somehow 'forgotten' and did not move much even though the company posted a healthy profit and it's Cambodia power JV is also expected to boost it's profit in future.

Chart wise, the stock looks to be consolidating and should rise in future once the the investors shift to from current hot stocks to fundamental. At $1, the stock provide an upside of ~32%.

For long term investors, i would personally suggest a buy on this stock.