Monday, May 11, 2009

IJMLAND....


Well, its been a while since I blogged about anything due to the self declared holiday to complete a personal project in life..... Thank God its completed....Anyway, many of us is well aware of the recent run up of KLCI from 850 all the way to 1028... and some people I know told me that they made some during this recovery but the next question will be what the impending market will look like and what stock should be traded to get the high value return?... As a typical trader, I can say there are many stocks to dump your money in... but the best counter to me is still the property counter especially the one who has the highest exposure to the northerm region mainly Penang island.... mainly because of the 2nd bridge potential and the purchasing power of the people in the state.

There are a few names to mention. SP Setia, IJMland, Mah Sing. From the info I have, I find IJMLand as the best bet for the highest return in the next coming 1 year. A few reason though, strategic project plan, quality product, exceptional brand image, proven track record and most of all, stock price is affordable and the number of floating shares are limited not until IJM Corp trim their holding further to below 65%.

Recent rally in the market has caused the stock price to double its value taking yesterday's closing price as end price and I believe while this stock has more potential and will make it to the RM2 ringgit mark in a year time.... as we see the market consolidate, its time for traders to catch a cheap entry price.... for those who has higher risk appetite, IJMLand-WA is a much better tool for trading.... long this stock and reap a big gain in the future....