Reaping profit, but base on valuation and EPS of the company, we still see the target around RM 2.50 – RM 2.80
Harvest, SYF, DPS and many up – sell it please
In face of securities commission, all these counters still up. A lot of money in these counters that most counters are fundamental not good at all. So stay away. Can be potential money landering actions.
Apple will adjust downward further, we believe Google Android will takeover
At level of 410, Apple has a record sales of IPhone 4S. However, we believe the stock price will continue to adjust downward and we recommend a sell. Even though record sales of 4 S may gives another record profit per quarter.
Almost the whole world is funded by deficit budget – not just Greece, Italy
The whole is getting bigger, but it will be covered. I believe eventually ECB may use the same strategy as US. After printing a lot of money, devalue it. So your debts are transferred to worldwide’s inflation. Looks like inflation but in fact is devaluation. Italy is not that a worry because its skill and capability is bigger. Just another round of bumpy ride. But we will not buy now, only if they drop for a week.
IBL Fund – bought 20,000 Shares Teledata at 0.009
We have used RM 550.00 acquired Teledata Singapore at rate of SG 1 = RM 2.47 plus commission. We reserved RM 450.00 to subscribe 1 for 2 proposed rights at SGD 0.005 in months to come. We kick start with this investment in a recovery stock from Singapore Exchange.
Disposed Mah Sing; bought Gold; Tomei and Alaqar REIT
We have sold Mah Sing with a quick profit. Utilizing the profit to bought Tomei and capital re-invested into Alaqar REIT as income. We have also mildly added Gold as contigency due to continuous speculation of market crash in 2012-13. We will use this contingency fund to multiply when opportunity arises.
We continue cautiously optimistic overall stock market performance in Q4 2011
Margin to increase is around 3-5% for the last month at least from this level. We still believe Greece is one off. Italy, Portugal, Spain are still with many assets to sell.
Greece is a risk, but i rather it just table out everything
The market is already priced in even it annouced bankcrupt. The most a 5-10% correction that will give opportunity to trade and win again. Structurally, the economy is at Asian side. So i really dont think is much of the problem.
We have bought back MBSB and added Latexx
Due to its recent strong results, we upgrade our view on MBSB on min target of RM 2.00. For Latexx, we believe the late strong buying indicating certain activities are mulling. We have added also KHIND and Hektar today.