Ahmad Cendana

1397154494 | Joined since 2012-03-18

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2015-05-19 20:40 | Report Abuse

This is a counter which an investor (not to be lumped together with trader and speculator) would want in his portfolio. It's in a good line of business, with a good-enough record, and pays a dividend. Unfortunately, external matters, particularly on 1MDB, has discouraged buyers. FOR NOW.

I don't know what's "the best price" and exact time to buy. It's too new and there's not enough data for technical analysis, especially when it comes to immediate support level etc. But we can look to previous listings of quality counters. Gas Malaysia and IHH (despite the different industries). These didn't quite create a buzz and 'meletup' on listing, and in the coming weeks. But after the sellers and weak holders were out, these found their footing and have brought in satisfyingly gains.

There's always the possibility Malakoff might slip lower, of course. But for a buy-and-hold investor, I believe patience will be rewarded. Use a third of the capital intended for Malakoff first, and then wait and see. If it goes lower, use another one-third to average down at 1.55 or whatever. If it's on an upswing, all the money goes in.

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2012-03-23 16:46 | Report Abuse

explorer: Looks promising. Doing decently today.

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2012-03-23 16:33 | Report Abuse

It is holding at around the current 60-something level. The market is a bit quiet now. I believe it will easily move up to 70 when interest picks up again. But whatever, and despite the always present possibility it will go down, I'd say the current price isn't a "sucker's price". I believe one can make money from Hiap Teck, BUT you must be willing to wait a bit.

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2012-03-23 16:27 | Report Abuse

I wonder which is better - this or Boustead Holdings?

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2012-03-23 16:25 | Report Abuse

This is one of the undervalued stocks. Boustead is not `exciting' but it's a solid company with good dividends. A "must buy" if it goes below 5.00. Should go to 6.00-plus within this year.

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2012-03-23 16:19 | Report Abuse

Lawrence Kwan: Yes, 1.88 looks like a good price to buy. It has gone down to 1.90-something today. Tempted to buy but I think I'll wait until next week. This is a stock that you can make money if you (1) buy below RM2.00 (2) are prepared to wait a bit and not contra (3) not too greedy, i.e. selling when it's around 2.50

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2012-03-18 12:53 | Report Abuse

By the way, its website is quite good and informative. Its reports are easily available. Still having a headache after going through a few of them yesterday:-)

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2012-03-18 12:48 | Report Abuse

Kawelegen: Yeah, in the volatile situation right now, I'd say that's prudent.I think it will be a loss too but by how much? One major problem for it are the finance charges that must be serviced. But toll traffic has been going up and it's newer oil n gas business add 3 times more revenue if I'm not wrong. And its market cap looks rather low. It is worth watching.At what price and when is the key, as always.

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2012-03-18 12:32 | Report Abuse

Ong: Good luck! There's serious money to be made with 65 lots when it moves north.