Wednesday, February 29, 2012

Is E&O a good trading?...

Well, the lawsuit from the minority shareholder with respect to the stake sales of the 3 largest individual shareholders to Sime Darby is going to gain traction... :)
You know what, its a no brainer that the stake sale in my opinion is fishy in nature because it involves the CEO of E&O and the price is like way beyond all time high annd perhaps a level that all the minority shareholders will never ever get from their investment in E&O.
Its simple... its a political move by Sime Darby.... again I think its BN's way of wanting to get a hold of the assets that E&O has in Penang island ....primarily the large landbank it holds.
Its also a deal that pissed off ECM Libra who is left in the high and dry since there is no GO by Sime.
The minority shareholders are marginalized and by right, people should be dumping the shares because knowing if Sime can unlock more values, why the CEO himself sold his shares? and knowing that the CEO sold his shares at such a high price to a government linked company says alot about the deal.
If in anyway, somehow the lawsuit turnout to be in favour of the minority share holders, it might bump up the share price of E&O. March is coming... a good trading buy in my opinion but there are risk because the deal apparently is backed by BN hence remember its a trading buy. Just riding the news...

By the way, MBSB is charging nicely... deal coming through? :)

Wednesday, February 15, 2012

MBSB and CIMB

Financial counters... yes, I am bullish on these 2 counters for some very good reason....
MBSB has been on the up trend since last year Dec and I think if you look at the volume and operating profit and margin, its not that of a surprise for the market capitalization to expand... Lately there have been news of the stock being targeted for privatization with GO at RM2.80. It even came out in a local news paper TheStar... so is the GO a real thing or merely a rumour... Looking at all angles, I think the likelihood of that is real. If I have to guess, I think 90% its going to happen... likely this quarter...

CIMB share price on the other hand has taken a hit since it hit RM9 and for the past quarter it has been hitting bottom at RM7 range and technical indication from chart shows very promising uptrend... volume have been strong of late so I think its going to move up even more...
RM8 is an easy target to hit within a month or so. Those with high risk appetite, go for the warrants... pick and choose though.

Thursday, February 2, 2012

MAS, can it fly?

Well, its in the aviation business and it's flying every but will the stock fly?
Its going to keep being in news down the road... 7/10 of them is going to be good for them...
Is the worst over for MAS? likely... but it all depends on how it restructure itself...
Can Tony do it? Will he be able to help MAS? I think it is reputation at stake... therefore I think they are gonna revive MAS again and this time, its going to be good.

Should we buy?.... think so then again... buying mother shares will need loads of capital bt if you buy warrants, its cheaper and better leverage... also please note the video below on leveraging these days..... kinda funny but real...
Leveraging