Thursday, January 12, 2012

UOADEV.... positioning for upside



UOADev has been on a down trend ever since its IPO days and its not surprising given the high IPO price during the listing... Anyway, the stocks have been hovering at the range of RM1.30-RM1.48 range for a while now...certainly looks healthy for an upside rally... Despite property sector downside risks... this counter looks to be a good bet for a short terms 10-20% return.

Any dip in Dialog from its closing price today to below RM2.40 is a good buy...

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