One of the key stock for bull market ahead...

Well, from now onward, I believe the stock market will continue to rise and chart new highs at least for the next 18 months... yes, that's 1.5 years at the very least.

Apart from waiting patiently for stock prices to appreciates sector by sector, we need to be aware that the most basic indicator of a bull run is the increasing trading volume and stock broking firms most certainly stand to benefit from the swelling in trading volume...

While OSK is pretty much in the limelight for the "rumour" of Maybank take over, TA is still pretty much below its peers....

with 78 sen as of the point of writing, it obvious the stock is attractive for short term traders to load up in preparation of the impending bull run... bear in mind that Dec holiday season is coming and there will be many more good news to come for the equity market as we end the year 2010 and transition into the year of rabbit. As different it will be the bull run in 2011 will likely consists of small rallies throughout the year....

There are many more good stocks that we can talk about but for a start, I view TA as a must have due to its cheap price and prospect in the short run of 6 months.... a pull back lately may be a good opportunity for buying... TP RM1.15.

TA a buy

TA enterprise have emerged stronger ever since returning to black a while ago... its 3Q results is impressive having compared to a year ago.. TA tripled its net profit to ~71.4mil and have a comfortable quick ratio of about 2...net cash generated from operation is at a healthy 200mil...

Revenue from stock broking and financial services remains the main revenue generator and will only get stronger in the next 2 quarters.. revenue from property development is also catching up fast, running close to 23% of the total revenue.

Chart wise, i don't see anymore room for downward movement...pretty much bottom out... its NAV is close to $1.50 a share and at current price its a discount.... :)

TA a good vehicle to ride the bull...

TA is a good stock to invest in based on the potential it has on earning's from the trades in stock market and it's huge investment in property.

While people anticipates on the possibility of next property play in KL, we should ensure that we're well position to gain something when that happens... many good stocks are available for selection...since many of them have moved quite abit...TA is the best of both world for me..

Unless you think otherwise, there's no reason why TA will not surpass RM2 in the short term..

So both TA and TA-WB is buy for me... US went down yesterday so perhaps there's a chance to buy when it's low...