Tuesday, December 27, 2011

Proton.... easily made a "proton" today....




Well, news of Khazanah confiming that proton stakes will be sold completely and will involve a GO for all shareholders bump up the shares pretty good.... punters who got burned in the past weeks would have recovered their money today easily... is there more room to go?
There have been rumours that the offer is not going to be too high because of the amount of money required to keep proton "alive"...think you know what I mean...
Anyway, RM5.60 is not too much neither its too low in my opinion.
Whether there is still room for punters to ride the upside... believe so...
but even if it does not go up tomorrow, think its done many a favour... or perhaps a proton's "senior" executive may want to call a another press conference to say that it may not necessarily requires a GO or say probably proton is still considering the sales... etc..
Well then perhaps the executive forget that people can now sue SC for not doing its job.
How I wish the suit filed by the minority shareholders turned out to be successful... then E&O shareholders will get their justice... :)

My view is its best to sell proton off and take it private to sell off its asset bits by bits.. RM9.48 NTA is too high to offer for any bidders today... the whole company is getting less and less inspiration with their models... despite the recent model "inspira". I wonder big time, how the fcuk did they get feel that the name inspira would fit "Proton Ceplac"would probably be more suitable... more down to earth or perhaps" Proton Walan"...

Does the government know how much it will save the people of this country in terms of disposable income if the car prices are allow to go down should they let proton compete on a fair ground? its impact is enormous to the country's economy... but then again I don't expect the current gov to understand economics afterall, its because of this protective policy that has mold proton to become what it is today. Competition makes people stronger... well I guess, their balls are tied.

Thursday, December 22, 2011

UEMLand....a rally in the making?



Well, its been a while since I talked about this stock and of late this counter seems 'active' and if the charts are anything to go by.... I think its about time it moves up the ladder with the huge potential in the Johor southern corridor projects picking up pace and the opening of the Johor Premium Outlet certainly have certainly given its assets and projects a boost... I think in the short term there is certainly going to be more good news in the pipeline for this company...

Chart wise,... its about right to accumulate in my opinion... your call.

Wednesday, December 21, 2011

US payroll taxcut and unemployment Insurance



Hey, here we go again...



If a bickering congress cannot agree to extend the payroll taxcut and the unemployment insurance for the people of the US, the could be some impact to the 2012 economic growth...



While the Republican is pushing for a full year extension, the democrats is adamant of not giving anymore extension. By Jan'12 if both the political divide cannot come together to reach a consensus, then the S&P might just fall come the beginning of 2012... that's when the bear will begin to take control... beware, you have just been warned.

Tuesday, December 13, 2011

MBSB Upgrade

Haven't posted much lately busy trading and keeping up with global news particularly Europe..
Anyway, MBSB is poised to hit above RM2 very soon...
An impending upgrade is expected due to the expectation of significant revenue increase in 2012!...