Pauline Yong Blog
CIMB, Padini, Planitu
In response to a reader's request, I'm writing this for sharing purposes only.
The followings are my personal views, there are for educational purpose, not intend for any form of advice.
Plenitude (RM1.99, PE 6.1, NTA 2.91, DY 4%)
Short term outlook: Trend:double top forming; MACD:losing momentum; Stochastic: turning down from overbought position; OBV: turning down but stabilising could indicate possible side way trend.
Medium & Long term outlook: Trend: down, bounded by 200day M.A. as strong resistance.
Padini (RM1.09, PE 8.5, NTA 0.43, DY 4%)
Short term outlook: Trend: sideways although it's above 200day M.A., because it dipped below 200d MA and emerged from it, hence it is likely to go through some consolidation phase before the next move.
Indicators: MACD, OBV & Stochastic shows signs of loosing momentum
Volume: low as price move lower, so its a positive note here as investors are still willing to hold on to the stocks, despite a shooting star on Dec 5th.
CIMB (RM6.89, PE 13.6, NTA 3.37, DY2.9%)
For CIMB I'll use Ichimoku to analyse. From the chart, CIMB underwent a steep fall in its share price since August. Currently, the price is moving into the 'cloud' (in blue), this shows some consolidation taking place. Short term wise (within 1 month), the price may move between RM6.60 - RM7.80, by end of Jan - mid Feb, there might be a bigger move, if the price move above the cloud, it is bullish, if it dip below the cloud, its bearish. Keep our finger crossed!
Above are just the technical aspects, and it's rather short term. For a bigger picture, we need to look at the industry outlook as well. For example, Padini in the garment manufacturing sector may face more weakening in profits due to global recession. As for Plenitude which is in the property sector might face similar situation when the property market cools down. Among the 3 stocks, I like CIMB most because I believe it is in an oversold position, the chances of a rebound is high in the short term.
Happy investing,
Pauline Yong
The followings are my personal views, there are for educational purpose, not intend for any form of advice.
Plenitude (RM1.99, PE 6.1, NTA 2.91, DY 4%)
Short term outlook: Trend:double top forming; MACD:losing momentum; Stochastic: turning down from overbought position; OBV: turning down but stabilising could indicate possible side way trend.Medium & Long term outlook: Trend: down, bounded by 200day M.A. as strong resistance.
Padini (RM1.09, PE 8.5, NTA 0.43, DY 4%)
Short term outlook: Trend: sideways although it's above 200day M.A., because it dipped below 200d MA and emerged from it, hence it is likely to go through some consolidation phase before the next move.Indicators: MACD, OBV & Stochastic shows signs of loosing momentum
Volume: low as price move lower, so its a positive note here as investors are still willing to hold on to the stocks, despite a shooting star on Dec 5th.
CIMB (RM6.89, PE 13.6, NTA 3.37, DY2.9%)
For CIMB I'll use Ichimoku to analyse. From the chart, CIMB underwent a steep fall in its share price since August. Currently, the price is moving into the 'cloud' (in blue), this shows some consolidation taking place. Short term wise (within 1 month), the price may move between RM6.60 - RM7.80, by end of Jan - mid Feb, there might be a bigger move, if the price move above the cloud, it is bullish, if it dip below the cloud, its bearish. Keep our finger crossed!Above are just the technical aspects, and it's rather short term. For a bigger picture, we need to look at the industry outlook as well. For example, Padini in the garment manufacturing sector may face more weakening in profits due to global recession. As for Plenitude which is in the property sector might face similar situation when the property market cools down. Among the 3 stocks, I like CIMB most because I believe it is in an oversold position, the chances of a rebound is high in the short term.
Happy investing,
Pauline Yong
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Discussions
1 person likes this. Showing 6 of 6 comments
cimb recent support level rm6.64 be4 breakout. Window dressing and chinese new year rally?
2011-12-11 13:21
will consider CIMB cause the share will always break RM 7 if we buy RM 6.80 and below.
2011-12-11 15:27
IS Padini RM1.65 over value?
I bought Padini in 2004, and the ROI now is 491% and I didn't sell. I bought Padini again in 2009, the ROI now is 220% and I still didn't sell. I bought again in 2011, the ROI now is 58% and I still didn't sell. Never sell a good stock.
If you have invested RM128k in Padini stock in year 1998, your stock now would worth RM1.65 million now, and you would have collected RM238k of dividend. Your ROI including dividend would have been 1475%. and a CAGR around 23.63%. That is really impressive.
How should we value Padini now? Please refer to my blog. http://malaysiaequityinvestment.com/
2012-04-28 00:52
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4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stephenlee
Watchout for CIMB a few more days n dip n up for window dressing
2011-12-11 01:08