KUALA LUMPUR: The annual Chinese New Year stock market rally will likely fizzle out soon.
"It will be very risky for punters to speculate on penny stocks over the next few days," a stockbroker told Business Times yesterday.
Remisiers noted that punters of penny stocks have been taking profits in the morning trading session since Monday after the strong uptrend last week, but surprisingly staging buying-in in the afternoon.
"While the volatile market is exciting, it can also be very risky if a retail investor is not careful with his trades. The probability of losing money is very high in such conditions," said a remisier.
1) PM CORP (CASH IS 24 CENTS. EVERYTHING ELSE IS FREE) 2) MUI BERHAD (GIGANTIC ASSETS- TOWERING LIKE MT. EVEREST!) 3) SILK at 40 cents. Up A Lot Already - So Don't Chase! 4) OPCOM - ZERO DEBT. EXPECT 10% or More Dividend. Highly Defensive 5) IQ at 30 cents (Now over RM1.40 - SO DON'T CHASE!!) 6) ORNAPAPER at 40 cts (Now over RM1.35 - AGAIN PLEASE DON'T CHASE.) 7) DKSH at 42 cents (NOW WOW! OVER RM7.00. FANTASTIC! DON'T CHASE) 8) TAWIN at 44 Cents (VERY CHEAP. CAN BUY IF YOU DARE) 9) CYMAO at 35 cents ( ALL FURNITURE COUNTERS UP EXCEPT CYMAO. CAN BUY!) 10) DUTALAND (BREM UP? COUNTRY HEIGHT LIMIT UP? DUTALAND IS A GREAT BARGAIN
SEE: PENNY STOCKS DO HAVE POWERFUL POTENTIAL. ONLY IF YOU CAN DISCOVER THE RIGHT ONES FROM CAREFUL RESEARCH.
Of course you can also step on penny landmines like Patimas, SAAG & MaeMode.
SO GO AND STUDY & SHIFT OUT THE GOLD FROM THE DROSS!
PM Hld should be OK & will benefit from Visit Malaysia Year 2014. For PM Cap it is facing tough times. Management is still trying to resolve the problem. There is a possibility that it might be delisted.
PM Cap management is not doing enough to find white knight. How can it let the shares be delisted since it holds one securities firm (PM Securities). The share prices has plunged to 0.04 to 0.05 since it highlighted the risk of delisting if it can't find solution by end of this month!
Latitude is an excellent growth stock which I bought for 90 cents (Again someone will say I tell lies.) It also gave good dividend. I should have kept latitude. I think latitude should be fine.
MUI Berhad won't be paying any dividend any time soon. As for PM Corp let Management decide whatever they want to decide. Then they will make announcement through Bursa.
Both PM Corp & MUI Berhad are the future 10 baggers. However, it will take stamina and nerve of steel to hold on.
As to keeping cash. Short term maybe. But our Ringgit F/D at 3% is now giving a negative return. So Cash in the bank also not safe anymore due to high inflation.
For Great Safety try to get some OPCOM on weakness. OPCOM has Zero Debt like PM Corp, And since OPCOM sells to TM, payment default is almost nil. It might not go up double or 10 fold. But it gives a generous dividend yearly - definitely better than keeping cash in the bank.
Will tell you more if I can find other recession proof & Inflation beating counters.
Hi Calvin, To be honest, George Soros's move to short US market further is creating nerve..to me at least, seems like a crash is unavoidable in near future.
For 2014 actually I'm bullish on export stocks, as Ringgit weakened due to the sucking inflation and the govt doesn't seems to have great solution now..... Telco also my favorite for longterm as more and more ppl will need them. My focus on Telco is Redtone and OCK-build tower! I've read OPCOM as well, but their instability in income create some concern in my mind.
Parkson S/O=1,079,704,000.00 Mkt price=2.76 Mkt Value=2,979,983,040.00 2.9Bil ringgit for all assets of Parkson, also the KLFestivalCitymall
MUIIND S/O=2,932,561,000.00 Mktprice=0.21 MktValue=615,837,810.00 615million only for all assets of MUIIND=Metrojaya+PMCorp holding+Global Corus Hotels+Laura Ashley+Reject Shop
what makes the company under attractive is the way the KKP manipulate and play musical chair with its assets. KKP will sell selected assets to subsidiary and withdraw the cash. that's what is call CASH PAYOUT. the latest being rm15 million OVER PAY in rental
calvin, u thibk osk a good buy also? holding rhbcap 9%, bank is pretty defensive, then osk so undervalue even its holding of rhb value far exceed current mkt price
i THINK it is deeply undervalued as ppl overlook and say OLH big shark, this lah tht lah. People get emotional. Then OLH want to privatise OSK at 1.68 if not wrong earlier but fail to.
Wow! Another piece of Good News. China is Launching A Chinese Language University in Salak Tinggi. Total Student Population is 10,000. One Third (3,333 students) will come from China.
This Is Indeed Good News For Bandar Springhill. Every head count will increase demand for accomodation in Bandar Springhill.
1. The superiority complex is an exaggerated striving for superiority in which the individual hides their feelings of inferiority.
2. Post Trauma Stress Disorder is a real illness. You can get PTSD after living through or seeing a dangerous event, loosing too much money or a bad accident. PTSD makes you feel stressed and afraid after the danger is over. It affects your life and the people around you.
Hard to point out the difference. Both equally good. MUI Has Laura Ashley, Metrojaya & UK Hotels & 70% MUI Prop Shares While MUI Prop has the 1,000 acres freehold lands in Bandar Springhill & 6 Acres Tasmania Lands.
Holding MUI BHD Is The Same Like Holding MUI Prop since MUI Has 70% MUI Prop Shares. PM Corp Is Also Top 10 MUI Prop Share Holders.
I Recommend MP Corp Because In less than 2 Years Time NUSA DAMAI Will Be The Most Central Place Is Eastern Iskandar. Its Position Is Even Better Than Kota Masai (EcoWorld)
Focal Aims was 11 Cts in Year 2009 While MP Corp was 37 Cts. Now Focal Aims (EcoWorld) Has Gone Up To RM4.70 While MP Corp still trades at 39.5 Cts.
MP Corp Has Been Overlooked & Mispriced by Mr.Market
Last Year When PM Corp was 9 Cts People Did Not Bother But Chased Sumatech to over 80 Cts.
By Now PM Corp Has Doubled to 22 Cts While SUMATECH Has Crashed Back To 30 Cts. One Gambling Woman Laughed At PM Corp at 9 Cents And Praised Sumatech at 80 cts. Today she has disappeared from OSK In Johor. Never to be seen again.
Today Mr. Market Is Greedily Pursuing Inari & Neglecting MP Corp.
As The Less Than 5% Value Investors We Go Against Mr Market. We Are Greedy When Mr. Market Is Fearful & We Are Fearful When Mr. Market Is Greedily Buying.
.Why This Gross Mispricing & Total Neglect by the Market. Here Focal Aims (Ecoworld) Has Gone Up Over 4,300% beating even Apple Shares - Focal Aims Is The Hottest Stock In The Whole World. And MP Corp was 37 Cts in 2009. Now 5 years later in 2014 MP Corp price hardly moved at 39.5 Cts
Since MP CORP Still Remain SO CHEAP While All Surrounding Land Prices Have Shot Up Like A Rocket. MP CORP IS NOW A SCREAMING BUY!
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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....
smalltimer
1,501 posts
Posted by smalltimer > 2014-02-13 11:20 | Report Abuse
KUALA LUMPUR: The annual Chinese New Year stock market rally will likely fizzle out soon.
"It will be very risky for punters to speculate on penny stocks over the next few days," a stockbroker told Business Times yesterday.
Remisiers noted that punters of penny stocks have been taking profits in the morning trading session since Monday after the strong uptrend last week, but surprisingly staging buying-in in the afternoon.
"While the volatile market is exciting, it can also be very risky if a retail investor is not careful with his trades. The probability of losing money is very high in such conditions," said a remisier.
Read more: 'Penny stocks in final leg of CNY rally' http://www.btimes.com.my/Current_News/BTIMES/articles/peni/Article/index_html#ixzz2tAWAf4Ce