Property counters updates...

Ok, now the KLCI has retreated to a reasonable level and its actually the best time pick up stocks in bulk....

Property counters have mostly also been under selling pressure/profit taking, risk aversion due to China's monetary tightening, etc... except for one counter, Mahsing... volume is high and the stock price is holding up very well. CEO is loading up and from my sources confirmed there are going to be a positive piece of news for the stock.

I advocate a buy on this stock.... :) well, its a buy no matter what the conventional chartist may tell you...

Status review....

Well, 2011 definitely started with a bang for many stock market investors I hope..

Anyway, for those who follow,
YTLLand, Mudajya, Boustead, Mahsing all have started to move... :)
More of those to come.... use the profit taking to your advantage.
Am beginning to feel the bullish mood already...

Hap Seng.....

Literally look like shit in a bag flying around.... just don't go and grab...
I'm surprise some people still advocate about buying when the company resume trading after annoucing the bonus issue... weird...
We need to think and read between the lines at times.

2011 is here so what now....?

Well, KLCI is certainly one of the regional top performer in asia equity market since the year 2011 begin. Having gone up close to 50 points in the first week of the 2011 is something many would label as a good start to another bullish year.... while many have started to cash out, alot more have started to join the race towards higher stock prices for the stocks in the portfolio.

So the pertinent question now is should we cash out or stay to ride the bull?
Well no one has a crystal ball that can tell you the answer that's for sure but you can still analyze.
Take a look a few stocks that are conventionally used as proxy towards riding the market.

My personal opinion of the stocks that are worth owning an should buy like there is no tomorrow.
TA, OSK - (Asia equity boom)
YTLLand ( under valued and more news to come)
UNISEM (Rising world semiconductor volume in 2011)
E&O, MAHSING, L&G and IJMLAND (potential sector re-rating and asset reflation)
BOUSTEAD (well diversified and will gain much from the high CPO price)
MUDAJYA (high receivables but good to have due the fact that this counter are poised rise due to the opportunity from the ETP and the GTP plans.

Well, these are what I think personally, you go check it out if in doubt.