Thursday, November 25, 2010

Mah Sing.... playing catch up?


Of late the property and construction companies surely have been hogging the limelight and I believe we're going to to see a re-rating of the entire sector in the near future and an impending asset reflation (a rather significant one) in the next 5 years.

Today Mah Sing breaking away and even broke the RM2 ceiling with >15mil shares exchanged hands and I would say its likely the stock will extend its upward trend for the next few days.

Trading buy is recommended and for those with high risk appetite, Mahsing-CA looks attractive and offer higher leverage.

Note: At the same time Petro Chemical will debut in the KLCI and that might just stir up the market activity and reduce risk aversion among the retailers in particular.
Trade with care and as a rule of thumb always ensure you have your investment goal in mind and keep your emotion shelved.

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