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.?