DOW took a turn and closed in green region!! So, we might see some buyings later on. Cepat = Fast(queue at 1.49, 1.48 and 1.47) ... for a quick punt.
Cepatwawasan is upbeat on its outlook after its
net profit jumped 390% to RM13.55 million in the second quarter ended June 30, 2011 from RM2.77 million a year ago, boosted by higher crude palm oil (CPO) and palm kernel prices.
Note : Do take a look at others plantation counters which worth buying. Cepat will be too fast for many.
At resistance : If one do not have positions on MBSB and Kulim, both are reaching resistance and overbought. So, what shall we do? Wait for them to break resistance and retrace. I have cleared my positions(too early again, indeed) but if I m interested, then I have to be patient to wait.
8.40 am : Huge buying on Cepat , thanks to the news and also 'free' broadcasting by me. Haha. Gapping up and I dont think so I will chase. Queue up to 1.53, 1.51 ... take it or leave it.
Armada : Moving back above RM4 and postive candle stick seen. The long white candle during its first day of listing ... everyone subscribe to her and managed to get it is like ... kena-loteri. So, what I do was waiting for some drop and many still sideline, waiting to jump into her. Someone said "AK's counter, very solid la. Buy and hold lor" in a forum. We shall see ...
Armada-cc : Punted into her at 0.285. NO technical indicators for this one, please. You cant even draw 10MA line. Inverted hammer seen. It is down from 0.40 level to current below 0.30. I was looking at Armada days ago as its babies dived and I chosen cc instead of cb. No good reason. Just pure punting.
p/s :
A reminder ... none of the trades written in this blog are real. It is for educational purposes. Buying such risky instruments at your own risk.
Aces :DVM, XOX, Ingens, MPay, Smartag and such in play. Careplus down 14%. So, these are punters' den. The disease are spreading fast to ... many more to move. Will it move EAH out of the bottom?
2.20 pm : Just done with classes ... tired and time for quick lunch.
MBSB : It is really incredible run ... many later-comers still going for her as she breaking the resistance today. Touched 1.79 now. I sold my MBSB-wa and MBSB-ca too early. Hmm ...
"The latest second quarter results confirm our belief that
MBSB is still deeply undervalued," AmResearch Sdn Bhd wrote in a note yesterday.
It maintained its "buy" call and
fair value of RM2.90 on the stock.
Among its re-rating catalysts would be higher-than-expected loan growth and margins, a sustainably high return on equity of over 20 per cent and confirmation of a
dividend payout ratio of at least 30 per cent, AmResearch said.
MBSB, in which Permodalan Nasional Bhd also has a 11.9 per cent stake, had surprised investors with a gross dividend of 5 sen a share. It was the first time in recent years that it declared an interim dividend.
OSK Research, which maintained its
"buy" call and fair value of RM2.35 on the stock, sees the company making a full-year net profit of RM269.2 million.
TEH : When a stock is moving VERY high up, more good news ... more broker houses coming out to talk about upgrading, higher target price blah blah ... more papers(digital or not) talking about BUY BUY BUY, to LURE more retailers(greed in play) to move in ... so that, someone who has accumulated weeks ago(before these news out) start to sell to retailers. So, how do we save guard ourselves when OUR FRIENDLY brokers are SHARKS? Hmm ... are they working for some syndicates??
Sendai : Ok ... moving today, breached 1.80 just now. Should continue to move up from here.
WCT : Back to RM3 level. Noted.
SigGas : At 0.85 now ... will show the chart for sharing purposes.
CyPark : Back to 2.11 level ... will it go back to 1.80 level? Hmm ...
Gamuda : At 3.55, noting here. Stalk.
QL-wa : At 0.83. I remembered I asked one of my turtle to sell at 1.10 level(he bought at 0.90).
EAH : Activated today, up 7%.
HSI down yet another 100 points.
spam e-mail : Hellonice to meet youMy name is safina,i am a young girl never married i saw your profile today when I'm searching for a mutual relationship with a vibrant and smart man or woman and saw your contact and was touched in my heart to know you more, that is the reason i drop this few lines of words to you, please i will like you to reply me,i believe we can know each other more from here and i will send you my pictures and full profile of myself thanks and i wait for your reply soonest thanksstrong kisses from miss safina,,Ok, I m just showing an e-mail with title/subject "HELLO" which squeezed past my yahoo spam-filter. You see, some reader(geniune, I think) will only type HI or HELLO which I might delete without reading them. Mind you, I have many e-mail(office and personal) to read and delete. I seldom replying e-mail as it is not possible to keep up, unless some nice ones(like supporting me by clicking my ads! haha). Generally, with many 'what do u think of XYZ counter', I do not reply. Sorry.
Hmm ... the above is an intesrting e-mail. Haha. How do one get trapped with such e-mail?? You might think you will not. The best is to delete it off ... but believe me, MANY do reply and hoping it is REAL? Hmm ... also, I have WON millions and millions of dollars thru these e-mail notiifying that I hv won jet-pot la, loteri la ... gosh ... why am I still teaching for? Haha.
TEH