Sunday, August 5, 2007

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.

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