Greed... a key factor to downfall....

Well it's indeed a wonderful time to talk about warrants these days... especially China warrants that seem to have the ability to defy gravity...anyway, again those that has earn from this run might just wanna consider locking in your profit rather than building more castle in the air by hoping for more upside from these counters...

The trend of the mother shares of these counters (Eg. CCCC, ChinaMobile) have reach an almost vertical trend.... As much as chinese investors would like to believe that it can go on more, I'm of the opinion that traders should pull the plug and lock the gains... wait the the next cycle... it will fall back... while it does, the money can be put to good use in other valueble counters.

Back to my principle, sell when everyone starts to buy... and vice versa. It's all about the leading the pack... don't be left behind.

Just my 2 cents.

Its time to load up...

Ranhill has gone through a short period of correction from it's all time high of $3.60 early of this month and seems that its now hovering slightly above the immediate support level comfortably... with the anticipation of favourable announcement on the potential oil reserve in Citarum block, it's definitely going to be traded actively in days to come... this stock has huge potential with oil prices currently well above USD80...unless you don't think the result is favourable... ;) Else if you are into O&G, this counter will be worth your time and money in months to come...

Now we really need them...

The last time leader came into highlight here was 1 month+ ago... well at that time it was only trading at about $1.00... now it's back to ground zero and slightly less than that.... cables are necessity for every thing that we do... even wireless network would need fundamental setup before we can enjoy wireless connection... NCER, IDR, 9mp, government's plan to push for a knowledge-based economy and narrow the gap of digital divide, by planning to increase the broadband penetration rate ~50% of households by 2010 will drive leader's business for years to come.

Along with that, they (gov) also gives some perks to those who helps to make this happen..tax deduction be given to employers on benefits such as new computers and payment of broadband subscription fees for employees.... such benefits of that nature received by the employees will also be tax exempt.... I'm pretty upbeat this will drive up Leader's price to $2.13... in the next 9 months.

well, you think about it.

Property buy....

When we talk about potential benefits of property sector in Penang, we think about the scarcity of land in the state particularly the island...that's why companies in property sector should continue to buy land and increase their land bank reserved for future projects... land value will shoot high in time to come especially regions in like Butterworth, Sungai Petani, and Penang Island itself...

Equine who owns 25% in the Abad Naluri which is developing the Penang City Centre project is a worth to buy counter. No doubt it posted a lower pre-tax profit on the Mar 31st 2007....profitability will only improve from now on...with ~300ha of undeveloped land owned by Equine, this company is on the look out for more land to aquire...It's housing estate project in Batu Kawan, penang will bring in higher profit margin thanks to the second Penang bridge project which is currently at the preliminary stage of development.

This company basically is focusing mainly on the north region and is also looking at increasing its stake in Abad Naluri. More projects to come and its land bank reserves mainly in both Penang and Selangor will keep it occupied for 5-10 years to come...

A really good buy...

Who else?....

Well, when we take about construction, gov related, get projects like it or not... MRCB comes into mind for me... having already working on the RM2 billion comprehensive transportation hub project called Penang Sentral, this company is also the favourite to win the 1.6bil Penang monorail project after getting a boost back then when Penang Port (PPSB) joined its consortium to bid for the project. MRCB is also in the bid for the 1.1bil PORR project in Penang.

With the government's efford to transform Penang into an infrastructure hub, MRCB will try it's best to secure as much projects as possible from the 9mp and the NCER.

Also not to forget the future potential on property development in Penang which is something MRCB will stand very favourable to benefit from this property boom.

For me it's a buy... TP $3.80 by new year. Frankly i feel every stock players should have this counter in their portfolio at least for now until next year... ;)