My Trading Adventure

Construction and Property

CP TEH
Publish date: Tue, 01 May 2012, 07:20 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
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It is an off day ... it is nice to have a meeting with few of my tratles where we discussed and analysed some stocks ... in the depressing sectors, such as constructions and properties. These sectors are downtrending and at the moment, abandoned.

Being contrarians, we might want to see if any of these sectors.


Construction-index : It is moving lower since 10th FEB. No reversal signs seen yet but there certainly values in some of the stocks. Bottom fishing? Where is the bottom?



Properties-index : Clearly showing a strong downtrend ... and most of property counters are in depressing mode. Is it game over?

While plantation brought some cheers, is it over too for plantation?

We shall check on constructions and properties counters ... in coming weeks.

TEH
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Discussions
1 person likes this. Showing 11 of 13 comments

Kim Yap Lau

Agree...

2012-05-01 23:31

Kim Yap Lau

EPF keep buying in Mahsing. Consider this for short term properly due to 11sen dividend which is going to announce soon.

2012-05-01 23:50

Jake

Yes, after going on selling spree, what other stocks are EPF and PNB going after now?

2012-05-02 00:02

chong

This property counter had suffer the most with most counters already hit almost rock bottom.

Time to snap up some & hold for a little longer & see your money grows. Brother Tan Kian Wei, I pick E&O which incidentally had already hit rock bottom & the TP is between $1.90 to $2.20....still got a profit margin to go as E&O lingers around $1.39++

Also there is a court case going on between minority shareholders group against SIME to ask SIME to make compulsory GO at $2.30 per share...this you got a strong case against SIME...good luck too.

Cheers & good luck too.

2012-05-02 00:02

jester

Bro Chong, I've also made some research about the properties stocks. But other that E&O, is there other worthy stock?

2012-05-02 07:10

cpteh

Hi Kian Wei

for trading purposes, we picked E&O, MahSing and Sunway.

trade at your own risk as this is not a buy-sell call. It is just the property stocks I am checking with my group.

TEH

2012-05-02 07:26

kl foong

I totally agree with cpteh and TQ for sharing the property/construction index.

2012-05-02 09:00

Kl Vin

How about BENALEC ??

2012-05-02 10:43

bryan_su

company share buy back for benalec... maybe they plan for bonus issue in future, if that is true... short term, benalec price will not move higher..

p/s: personal opinion, dun shoot me...

2012-05-02 10:51

Kl Vin

Ok ~ Thanks !! I plan to hold for mid term...

2012-05-02 11:05

aunloke

Mitrajaya is one construction company worthy of considering. Its dividend yield measured on five years annualized basis ranked the highest among its peers. At the moment the share price is low and another 5 sen dividend is coming.

2012-05-02 11:40

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