Aiyo swingtrader, jangan cakap mati mati lah. Mungkin semua tengah concentrate tengok screen computer. Semoga hari boleh pecah halangan 0.27.... Peace....
Today, the shark is hiding at a corner to count its catch, before deciding on the next move. Anyway, the waters is sort of murky, low visibility to do any major move.
Things should be clearer in the next few days. If we are lucky, he will do a stunt this afternoon.
Ha! Ha! Trade at your own risks.
(Messi2u, managed to get anything at 25 sen this morning? Care to share?)
RHB Reseach, in a report on Matrix Concepts Bhd's development in Seremban on Jan.6, showed a map of the development which indicated that a new, proposed Express Way from Senawang to KLIA will cut through MUIPROP's SpringHill development land.
Per RHB Reseach Report:"The Senawang-KLIA Expressway has been proposed and the contractors are now submitting their tenders. The new expressway will offer an alternative route linking the North-South Highway and KLIA. Note that the expressway is also important to MCH as it will pass by or is near to the land in Labu that it acquired last year."
okok invest118.. ..stand corrected then. Ayam Tua is highly respected. I do miss his funny and optimistic posting.......he is indeed a very kind person
tuck2, yesterday bought 70k@ 0.78. I don't whether can buy or not. very explosive movement up when breakout from 0.755/0.76 and 0.79/0.795. my TP next week 0.94-1.08 hope can reach lah.happy trading.
humbled,that day I call is only 0.74/0.745. onlu rooney2u bought @ 0.745.pick up yesterday and bought more @ 0.775;hope he make money to cover his pmcorp losses. this GHL will be my last call for jan'14(have said earlier)
Hi guys, A NEW EXPRESSWAY IS GOING TO BE CONSTRUCTED FROM SENAWANG TO KLIA, AND IT'LL CUT THROUGH MUIPROP'S SPRINGHILL DEVELOPMENT. READ MY EARLIER POST PASTED BELOW:-
RHB Reseach, in a report on Matrix Concepts Bhd's development in Seremban on Jan.6, showed a map of the development which indicated that a new, proposed Express Way from Senawang to KLIA will cut through MUIPROP's SpringHill development land.
Per RHB Reseach Report:"The Senawang-KLIA Expressway has been proposed and the contractors are now submitting their tenders. The new expressway will offer an alternative route linking the North-South Highway and KLIA. Note that the expressway is also important to MCH as it will pass by or is near to the land in Labu that it acquired last year."
Extracts from MUIPROP'S 2012 audited Annual Report: "2.2 Summary of significant accounting policies (cont'd) (d) Investment ProPerties: Investment properties are land and buildings held by the Group for their investment potential and rental income and are stated at cost except for the freehold land of the Company which was revalued in 1982 based on independent professional valuation using open market value basis.
The freehotd land of the Company has not been revalued since it was first revalued in 1982' The Directors have not adopted a policy of regular revaluations of such asset and no later valuation has been recorded. As permitted undei the transitional provisions of tAS 16 (Revised): Property, Plant and Equipment, this asset continues to be stated at its 1982 valuation."
Good news within Mui Group company are all inter related. Any good changes Within the group company will be beneficted PMCorp. We should not worry about PMCorp. Correct me if I am wrong. Thanks MKWatch
The new Expressway from KLIA to Senawang (which is south of Seremban), and cutting through Muiprop's Springhill land will cut short the distance to go to Port Dickson from KL and vice versa, and will:- 1. Increase further the land value of Springhill; 2. Increase the value of houses built there; 3. Increase the demand for houses in Springhill (more people who work in KL will be prepared to relocate to Springhill and commute to KL because houses there will be cheaper than KL, and more affordable to young working families); 4. Springhill's neighbour, Matrix Concepts has a 685 acre Industrial Hub to provide jobs at door-step. Quoting from RHB Research's Report:"(iv) MCH is also an industrial proxy within the Klang Valley Located next to BSS is STV, a 685-acre industrial hub that is creating job opportunities. A few newly built factories have already started operations, with some undergoing construction. Given the ready infra such as power and water supply, freehold land status, connectivity to the North-South Highway and KLIA as well as the flexibility for industrial players to choose their preferred land sizes, STV has managed to attract many local and foreign auto or aircraft parts manufacturers. Thus far, it has garnered MYR2.7bn worth of foreign direct investments. Its key investors include Hino Motor, Messier-Bugatti-Dowty, Keen Point, MCT Metal, Akashi-Kikai Industry/Daihatsu, MBM Resources/Mitsubishi, Nippon Kayaku, Meditop Corporation and the latest addition being UK-based Weir Group."
Re MUIPROP: Moreover, another catalyst to Springhill's attractiveness, is the soon to be relocated TUDM base from Sungei Besi to Bandar Sri Sendayan (BSS) of Matrix Concepts. BSS is just next to Springhill. It (the TUDM Base of 750 acres) will house ground training facilities. About 5K personnel with their families will be relocated. Springhill will also enjoy the spillover effect from this.
Today, the counter closed at 25.5 sen(no change from Thursday, still at the upper end of the trading range). It was mainly traded at 25 and 25.5 sen.
At this point, nothing is conclusive yet: 1. Today is Friday and there are 2 more public holidays next week. If this price can be maintained well after T+3, then it should augur well for this counter; 2. Unable to establish clear signs of distribution from the shark until a clearer pattern is formed. I did not personally test the market, so got to rely on inputs from any of you.
Trade at your own risks.
(PS I may not post my report if there is nothing new)
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....
swingtrader
834 posts
Posted by swingtrader > 2014-01-09 18:10 | Report Abuse
Ifollow. Tomollow. If somebody say overbought then really really potong stim. Today should break 30 already. Manyak bad luck.