shark will sell on high price and bot at low price. For example, guocoland, shark sell most of shares when results was good >600% profit and hit rm1.97 but now came down to rm1.88. Shark are playing mah jong.
BUY with a target price of RM2.08 with stop loss at below RM2.04. Share price has consolidated lower amid a mild correction from the recent high of RM2.25. However, yesterday’s breakout above the BBI line and the “cloud” signal an end to the recent correction and a start of a new up-leg. The continuation of the long-term uptrend is backed by an emergence of fresh buying interest as shown in yesterday’s higher trading volume. Additionally, the bullish crossover in both the MACD and the stochastic suggests surging momentum which in our view may push share price higher in the near term. As such, we expect the penetration above the immediate resistance may prolong the move towards our upside target at 1.38x Fibonacci extension level of RM2.43 in the near term.
This company current worth 3 bil, but holding total contract of 12 bil and 6 bil of undervalue land. Current bidding total contract of 17 bil, estimate 30% from total bidding contract already additional 5.1 bil on top of current. Besides that, other business like optimax and golf still contributing another 6 mil every year. Tp: 1.5 short term after the goodies release. Happy trading ^^
Taking its 3.76ha at Seksyen 28, Petaling Jaya as an example, the plot sits along Federal Highway but as the development along the stretch has not matured yet, Tan prefers to keep it until the time is right.
“Otherwise, we will not be able to realise the best value out of it,” he quips.
Another parcel that it holds for a long time is the commercial land in Puchong Prima, which is ripe to be reaped.
Surrounded by commercial shops, Tan sees an opportunity for a different product that is more in demand now - mixed development.
It plans to launch the <<< RM1.5bil >>> project next year.
“Timing is right as the parcel will be served by the extension of the LRT Ampang Line in the future,” he says.
no volume and market in a bad mood..So wsit lo.. may be another 2 months it will move upward.. for those who bought- either hold or sell and buy back during Q3 announcement by November.
It is soft launching its RM600 mil Wangsa Maju condo project now. Next year it will launch the abovementioned RM1.5 bil project. Contracts in hand now amount to RM1.1 bil. So, it will be quite soon for the share price to climb above RM1.50 from 93 sen now.
top 5 pick of small cap with low PE n Gd yoy grow of this wk. So bad, missed EPMP, IQGROUP n FUTUTEC Booz price moving too fast n not able to catch d wave. But manage to pick up MITRA n LBICAP. I believe they will performance very Gd in next few mths. Up up up.
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....
valueinvestor
641 posts
Posted by valueinvestor > 2014-08-28 21:20 | Report Abuse
Great result : http://www.bursamalaysia.com/market/listed-companies/company-announcements/1724729
Very likely it could churn out RM 50mil net profit after tax for 2014.