Saturday, June 25, 2011

Updates

Dear readers,

Congrats to those who followed my call on LBS. It getting higher. For those who is able to pick up the shares, please hold. I will keep all of you updated. However, trader might consider to sell it and lock profit? Pull back in this coming week is reasonable as it has risen alot for the past week.

Drb-Hicom-Hold
Share price has slowly pick up. Hopefully next week it will go higher. Epf has been buying drb-hicom very actively for the past months. Epf's current holding on Drb-hicom has exceed their holding while Drb at its 52weeks high. What does it indicates?
I have been holding Drb for more than 6months. I would say this counter is fundamentally strong and going up steadily. Drb has a high potential of capital gain, it gives dividends and defensive enough as compared to counter.

Pchem-hold
Another counter spotted by EPF. EPF has been buying it actively for the past few months. However, there is not much movement on the share price. Are they preparing for a real push? or they are just supporting the share price from going down?
MHB was on fire last month as it has awarded the opportunity to join the top 30 index counter. Share price went up significantly. The share price has slowly gone down this week. Does it indicate Pchem turns is here? I believe Pchem's turn is coming. This counter has a strong financials and deemed as one of the strongest GLC. Lets see how it goes next week.

Later on i will introduce a few small cap counter with great potential for capital gain.

Buy at your own risk!!! :)

2 comments:

  1. hey sifu, drb hicom dropped very close to its support price today. Still a good buy? What about the Pos Malaysia announcement a few days ago? Thanks!

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  2. hi... there is a pending announcement in drb... but really got no idea when is the announcement. overall market is not good. looks like profit taking might start anytime if there is no fresh lead in the market. if u plan to buy drb for long term, please go ahead. but please don buy for contra.

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