Brother KC Loh... I just want to say that it appears that you were right on the money regarding ALAM as being cash strapped & short on modern vessels, etc. I had bought in at .525 but shortly thereafter noticed that there were great difference in TP's. (which logic would require that there is an explanation for.)After reading the Maybank reportI could see how/why you came to your conclusion. I rather quickly sold my shares at .575 to make a little KFC money & moved on. Obviously, to date ALAM hasn't done much although the potential is there. My thanks for sharing your analysis. Can you give me your opinion on a different share? Glotec. The financial report just came out today at about 5.45PM today. I bought in this morning at .085 with the belief that it could go up to .12-.13 in short time if the report was positive. It ended the day down to .08 & of course the posted gossip is all negative. (so scary, but without being backed by facts or relative information) This first annual company report has positive revenue & profit. However, it may or may not be considered sufficient enough to warrant an increase in share price. If that's the case I definitely want to cut my losses & run away at soonest possible. But if it has a chance of going up to .09 -.095, I'd gladly take a small profit rather than the loss. Sorry, I know this is not the post for Glotec, but I don't think that you normally read or respond on the Glotec post. If you have time could you please read the Glotec report & possibly give a short thumbs up or thumbs down on the Glotec post? I think that you're also on Bro.Chongs forum but I haven't seen you write anything there recently. Too bad because I get a lot out of what you write! Have a nice holiday!
ok, i get to that if i have the time. currently concentrating on a few counters with potential. doing the calculation and research there. the next three days will give me some respite.
i would like to say scomien, but i am afraid i have nothing to show you yet! awaiting chennai news currently which is suppose to be this week! suggest you do some research about it and tell me if what i think is coming for this counter!
scomien on joint bid for monorail in Bangalore? and they are losing money last qurter?
KC Loh, wanted to ask u, even if this scomien got the contract, the result might just be a price jump, the real/actual result will only be visible when they finish the project right? on the way to finishing, this counter might even lose alot of money too and not making any profit thus causing this counter to drop price. so if long term trader this counter not good rite?
Mumbai job finishing. Bangalore phase 1 finishing (not so sure how true this one is, still checking the facts, but the new tender tied up and financing secured, swiss challenge tender looks good), KL job finishing, Brazil jobs just started for Sao Paulo two months ago target 2014, and same with Manaus, 6 months before the world cup
if euro/us issue is the catalyst for two days drastic drop, i assume it will freaking rebound back to previous price, and people will start rushing back to buy so they didnt miss the boat. but question is is euro/us really the catalyst or there's something else? we'll know come tommorrow morning. europe rose at 3% is super bullish.
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....
KC Loh
13,701 posts
Posted by KC Loh > 2012-08-30 11:27 | Report Abuse
if can short sell, i will be a very rich man!