Wednesday, February 9, 2011

what to buy for 1Q of 2011??

Today is 9th of february. What should we buy and lock profit b4 end of march?
If u've been observing the market... u should have noticed alot of "useless" counters suddenly come alive.
ok, i believe in FA most of the time. therefore, i will choose some companies with strong fundamental and if possible GLC. well, a friend of mine believe in GLC so much to the extent where he wil invest a substantial amt of money without have a look at the financial position of the company. No doubt, in malaysia if we invest in GLC for most of the time we will not lose money unless we chase after it went up alot. if u willing to buy n wait, most probably u wil get huge return.

February, we will get to see alot of companies will post strong quarter earning reports. I'm vr positive towards DRB-hicom(GLC). Those who read my post and buy on monday or even tuesday, im sure u r satisfied with the Gain u have make in just 2days. DRB-hicom touched 94.5c this morning which means those who buy at 70c have make abt 24.5c in 2days.its higher than 30% . i have received some email asking me whether they should sell or hold.

My answer is --- BUY and HOLD
another strong quarter earning will be announced at the end of this month. i foresee DRB-hicom to break its 52weeks high of 2.27. More to come ... pray hard divestment of uniasia and bidding of khazanah stake in pos malaysia go thru smoothly. if all these deal went thru smoothly, DRB-hicom might be the next "expensive counter".

Buy at your own risk!!! :)

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