I am not surprice on EPF buy and sell tactic to covred it move; as long as the % accumulated by EPF is up and up! Again this counter is not for speculation.
Type of transaction/ Date of change/ No of securities Acquired 11/03/2014 495,900 Disposed 11/03/2014 229,600
Buy MPHB Capital if you have some spare cash. A proposed strategic alliance between MPHB Capital insurance arm with an Italian Group will soon be materialized. Re-rating of MPHB Capital will be RM 2.65
Just my expectation. If breaktrough RM2.90, further uptrend is possible. Anyway, it is depend on EPF whether it want to sell and buy the share. Latest EPF move was : Acquired 14/03/2014 78,000
EPF on average is taking a long position on IJM, expecting good profits from their Rimbayu, Seremban, other infra projects (WCE and the soon to be opened Sg Besi Pandan Indah link). Large tracts of land in RRIM (under Kwasa) are expected to be awarded to IJM as well
According to http://www.nanyang.com/node/609339?tid=462 IJMLand is the top pick for the property sector base on recent slow down 首选IJM置地 未结账销售额更高,分析员看好本地发展商2014至2015年的收益表现保持韧力,且相信市场情绪料在明年下半年好转。 另一方面,基于产业股价已回退、发展商资产负债表稳健,加上产业市场长期因素仍完好,所以相信产业股下滑的风险有限,首选为IJM置地(IJMLAND,5215,主板产业股)。
As EPF disposed further on 27/3 to 7.03%. So I also sold half of my holding at rm2.97 to locked in some profit. I will definitely pick up some if price lower than rm2.85!
After due consideration, decided to dispose all my balance share at rm3.07 which i hold since Aug'13 with the average price of rm2.55 My original final target is rm3.20 but few tries were failed. Anyway, Thanks IJMLand for giving me the Bonus and Happy Investing for All.
Major discount today, I bought back in. Earnings report, dividend and perhaps the potential announcement of a big contract win from Kwasa Land all coming in by month end.
Missed the boat. Yesterday i had locked in rm2.86 but morning adjusted to rm2.83. As Wce project is on and indirectly will benefit ijmland besides HSR. In near l9ng term will good.
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MQ Trader 5330 views | 5 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
RyanBoleh
149 posts
Posted by RyanBoleh > 2014-03-18 11:10 | Report Abuse
No buying support, EPF is disposing at 2.79-2.81