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.