My performance in this month is good.

I bought Lsteel,MMSV, ATTA and Prestar before they surged.
I made profit of around USD 19,000 in this month.

MIDF Research's top large-cap pick is Cahaya Mata Sarawak.
Their top small-cap pick is Ann Joo Resources.

Buy Ann Joo. Good things about Ann Joo is that the stock has not consolidated much after the latest good QR, so there is still much room to consolidate.

Stocks in the steel sector have just consolidated.

Future prospects of the steel industry is good.

Future prospects of steel industry are very good.


巨型項目支撐前景　建材業「加碼」 | http://www.klsescreener.com/v2/news/view/243191

On Friday steel stocks were very strong. I believe steel stocks have just started consolidating.

Friday

Prestar 7.32%
Chuan 1.6%
LeonFb 1.23%
lsteel 1.59%
Ann Joo 0.61%

MIDF Research

“Our top large-cap and small-cap picks are Cahaya Mata Sarawak and Ann Joo Resources, respectively,” it said.
http://www.theedgemarkets.com/article/construction-building-materials-sectors-seen-vogue

The Dow was up 0.42%.

Apple Inc. AAPL, -3.88% sank 3.9% in its biggest one-day drop since January 2016. The overall technology sector XLK, -2.47% fell 2.5%. Other major tech stocks were also sharply lower. Facebook Inc. FB, -3.30% skidded 3.3%, Alphabet Inc. GOOGL, -3.40% the parent of Google, lost 3.4%, Microsoft Corp. MSFT, -2.27% dropped 2.3% and Amazon.com Inc. AMZN, -3.16% shed 3.2%.

“All these stocks have hit new highs recently, so now people are taking a pause and we’re seeing the money flow out,” said Doug DePietro, managing director for trading at Evercore ISI. “There’s nothing in the news that’s saying, ‘sell the big tech stocks’; this is just simple profit-taking, a rotation to other names.”
http://www.marketwatch.com/story/us-stocks-tipped-for-more-gains-as-investors-weigh-up-uk-election-results-2017-06-09

“In addition to passenger cars, JHM is in preparatory stages to commence manufacturing [of] LED lighting modules for motorcycles, trucks, and buses for European and Japanese multinational corporations,” the group said.
http://www.theedgemarkets.com/article/jhms-net-profit-jumps-28-times-stronger-revenue-economies-scale

JHM'strongness comes from its company's future prospects.

On Friday steel stocks were very strrong. I believe steel stocks in general has just started consolidating. Start buying steel stocks.

Friday

Prestar 7.32%
chuan 1.6%
LeonFb 1.23%
lsteel 1.59%
Ann Joo 0.61%

The stock may break the range and move over RM 0.22. Be patient. Stocks don't consolidate when you want them to do.

The Board of Directors of ABT is pleased to announce that its wholly-owned subsidiary
company, Asiabio Capital Sdn. Bhd. (“ABC”) has on 3 June 2017 entered into a
Memorandum of Understanding (“MOU”) with Hong Kong YRZC International Group
Co, Ltd (“YRZC”), Shan Xi Hong Hui Food Limited Liability Company (“SXHHF”), and
Shan Dong Wang Jia Yuan Zi Halal Food Brewing Co, Ltd (“SDWJYZHFB”) to form a
collaboration between Malaysia and China to produce and export Halal-certified food
products to global marketplace.
http://www.malaysiastock.biz/Company-Announcement.aspx?id=978549

The stock has been bounded in a range. The upper bound is 0.22. The lower bound is 0.18.
Look at a one month price graph. You can get more than 10% profit if you use the fact.

I believe rights issue has been priced in fully. The recent price drop was due to the effect of rights issue, not worsing fundamentals. Traders know that good results can be priced in before QRs. Similarly rights issue can be priced in before dillution.

Start buying the stock on Monday. RM 0.3 is an initial target.
After good announcemdnts the stock can move up to RM 0.5.

http://www.malaysiastock.biz/Company-Announcement.aspx?id=979977

China’s May exports and imports beat forecasts | http://www.klsescreener.com/v2/news/view/242847

China’s May exports and imports beat forecasts | http://www.klsescreener.com/v2/news/view/242847

Its ROE is very high.

The upper bound of the range is 0.63. The lower bound of the range is 0.55. I think its better to buy the stock at 0.55 or 0.56 and sell it at around 0.62. Just aim at around 10% of profit. The stock has been in a range currently.

The company is a combination of Pentamaster and JHM. Still low P/E for a growing semiconductor stock

The Dow is up +0.18%.

http://www.enanyang.my/news/20170608/anzo携手key-alliancebr-灵市发展物流履约中心/

Directors have been buying the stock. Good sign!

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0113

Global growth headed for six-year high, says OECD | http://www.klsescreener.com/v2/news/view/241955

http://www.theedgemarkets.com/article/anzo-collaborate-key-alliance-ecommerce-hub

CariDuit,

Not really. Dilution has been priced in partially or fully. But if not much dillution takes place, the stock price will consolidate.

Suppose dillution is null. Then, RM 0.26 will be low without dillution. That's why the stock price will surge.

But I can say that one more good announcement may move the stock price much higher, so it's the best to buy the stock before a good announcement. Nobody knows when there will be a good announcement.

CariDuit,

It's difficult to say when is the best time to buy Anzo. Sorry I don't know, either. I have a lot of things I don"t know, but I have a lot of things I know. I utilize what I know effectively.

Anzo had much bad news recently, but what if bad news will not increase anymore. Then, a bottom will be formed and the stock price will consolidate.

+30% of upside movement is possible within 2 or 3 month.

A future event is usually priced in a stock price.

传金钱游戏入侵Anzo 蔡文杰回应清者自清 http://www.enanyang.my/news/20170606/传金钱游戏入侵anzobr-蔡文杰回应清者自清/

KLCI to extend gains, stay firmly above 1,790-level | http://www.klsescreener.com/v2/news/view/241589

Reference is made to a news article published by The Edge Malaysia (page 18) on 5 June 2017 titled “Funds from illegal schemes seep into Bursa” (“Article”) regarding certain companies involved in get-rich-quick and fake online investment schemes, including Water Beaute World Bhd (“Water Beaute World”) which was stated to have been on Bank Negara Malaysia’s (“BNM”) “list of known companies and websites which are not authorised nor approved under the relevant laws and regulations administered by BNM” (“Article”). In the same Article, it was stated, amongst others, that WBW Global Sdn Bhd (“WBW Global”) is the largest shareholder of XOX with 3.08% equity interest and that Water Beaute World, which has the same registered address as WBW Global, has 3.01% equity interest.

The Board of Directors of the Company (“Board”) wishes to clarify that, based on the Company’s latest available Record of Depositors as at 24 May 2017, both Water Beaute World and WBW Global Sdn Bhd do not hold any XOX Shares.

Further to the above, the Board wishes to highlight that XOX Shares are listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad where it is publicly and freely traded in the open market. The Company is not in a position to prevent any sale or purchase of its securities in the open market by any particular investor or group of investors.

The Board has also made enquiries with Datuk Chai Woon Chet, the Managing Director of XOX, who was also mentioned in the Article. Pursuant thereto, Datuk Chai Woon Chet has confirmed that he is not in any way associated or involved with Water Beaute World and WBW Global.

Good news

Nevertheless, the valuations for semiconductor players may seem to be on the steep side, with a forward price-earnings ratio (PER) averaging some 20 times.

“It is hard to say these companies are overvalued because they have shown earnings growth of 20%, with some even reaching 30%,” says the analyst.

The Affin Hwang fund manager agrees the valuations look pricey given that most of the stocks usually trade at 14 times to 15 times PER. He adds that the current upside has priced in most of the positives.

“Yes, the forward PER is at an all-time high for the semiconductor industry … But given that the sector is in a new upcycle, the valuations could sustain as the companies are getting new product orders and new clients,” he says.

Wong, on the other hand, takes the view that the valuations for the semiconductor companies look fair because of their growth potential.

“Anywhere between 12 and 20 times is okay. But if it’s about 30 times, then we really have to study the potential of the company,” he says.
http://www.theedgemarkets.com/article/market-still-bullish-semiconductor-stocks

Reference is made to a news article published by The Edge Malaysia (page 18) on 5 June 2017 titled “Funds from illegal schemes seep into Bursa” (“Article”) regarding certain companies involved in get-rich-quick and fake online investment schemes, including Water Beaute World Bhd (“Water Beaute World”) which was stated to have been on Bank Negara Malaysia’s (“BNM”) “list of known companies and websites which are not authorised nor approved under the relevant laws and regulations administered by BNM” (“Article”). In the same Article, it was stated, amongst others, that WBW Global Sdn Bhd (“WBW Global”) is the largest shareholder of XOX with 3.08% equity interest and that Water Beaute World, which has the same registered address as WBW Global, has 3.01% equity interest.

The Board of Directors of the Company (“Board”) wishes to clarify that, based on the Company’s latest available Record of Depositors as at 24 May 2017, both Water Beaute World and WBW Global Sdn Bhd do not hold any XOX Shares.

Further to the above, the Board wishes to highlight that XOX Shares are listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad where it is publicly and freely traded in the open market. The Company is not in a position to prevent any sale or purchase of its securities in the open market by any particular investor or group of investors.

The Board has also made enquiries with Datuk Chai Woon Chet, the Managing Director of XOX, who was also mentioned in the Article. Pursuant thereto, Datuk Chai Woon Chet has confirmed that he is not in any way associated or involved with Water Beaute World and WBW Global.

http://www.malaysiastock.biz/Company-Announcement.aspx?id=979078
Very good news! Buy!

MMSV and ATTA are good stocks with low P/E as well.

DNEX may be bounded in a range for some time.

Anzo's share price climbs further after recent selldown http://www.theedgemarkets.com/article/anzo-continues-climbing-after-association-illegal-scheme

captalcube.com is not trustworthy

For instance,

JHM

Implied price: RM 2.20
actual price : RM 5.35

Overpriced and bullish!

https://online.capitalcube.com/#!/stock/my/malaysia/0127

Directors have been buying the stock!
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7099

Good sign!

Today the Pentamaster stock price also fell as well.
TP's are not important as everyone has a different TP.
But TPs major bank give may be important as many investors refer to its value.
But what about TP capital cube gives? Forget about it!

value stock? Check MMSV (semiconductor stock) and ATTA.

Check P/E of its peers like KESM, Pentamaster and Unisem. P/E of 11.92 is too low.

MMSV was established as the investment holding company of MMSV Group in conjunction with the listing of MMSV on the ACE Market (Formerly known as MESDAQ Market). Currently, MMSV has 2 subsidiary companies namely Micro Modular System Sdn Bhd ("MMS") and Evolusys Technologies (Malaysia) Sdn Bhd ("Evolusys"). MMS is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. Evolusys is involved in the software development.
http://www.mmsv.com.my

I don't think it's overvalued. Every stock in the semiconductor industry is bullish and have high P/E as the semiconductor industry has been booming. In the last quarter its revenue increased from RM 4,866,000 to RM 1,4905,000.

As many people read an article on Anzo, some people are very interested in investing in Anzo. The bullish mode has just started. Enjoy investing in Anzo!

I lost USD 4200 for investing in Anzo, but if i get Anzo stocks at RM 0.2, my loss will be offset.

I can subscribe to rights issue at RM 0.20 if i want to. That's why i sold it.

Tomorrow i will inform you what are good stocks to invest in now. I want to add some more tomorrow.